Regulatory30 May 2026, 08:51 pm
PTC Industries: No Deviation in QIP Funds Utilization as of March 2026
AI Summary
PTC Industries Ltd. confirms no deviation or variation in the utilization of funds raised through its Qualified Institutional Placement (QIP) allotment for the quarter ended March 31, 2026. The company raised ₹699.99 on 03-09-2024. This statement complies with Regulation 32(1) (a) and (b) of the Securities Exchange Board of India (LODR) Regulation, 2015. ICRA Limited is the monitoring agency. The audit committee and auditors have no specific comments regarding the fund utilization.
Key Highlights
- PTC Industries reports no deviation in QIP fund utilization for Q1 2026.
- Funds raised via QIP on 03-09-2024 amounted to ₹699.99.
- ICRA Limited is the monitoring agency for the QIP fund utilization.
- Audit committee and auditors have no comments on the fund utilization.
- Compliance with SEBI (LODR) Regulation 32(1) (a) and (b) confirmed.
Price Impact
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