Regulatory28 Jul 2026, 04:40 pm
Pine Labs: Monitoring Agency Report for IPO Proceeds Q2 2026
AI Summary
Pine Labs Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of proceeds from its Initial Public Offering (IPO). The report, issued by CARE Ratings Limited, confirms no deviation from the IPO's stated objects. The report was reviewed by the Board of Directors and Audit Committee on July 28, 2026. The IPO, which raised Rs. 2,080.00 crore, was conducted between November 7-11, 2025. This information will be available on the company's investor relations website.
Key Highlights
- Monitoring Agency Report for IPO proceeds submitted for Q2 2026.
- No deviation from IPO utilization objectives confirmed by CARE Ratings.
- IPO raised Rs. 2,080.00 crore.
- Report reviewed by Board and Audit Committee.
- Information available on company's investor relations website.
Price Impact
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