Rights Issue11 Nov 2026, 04:07 pm
PVV Infra Rights Issue Proceeds Utilization in Line with Objectives
AI Summary
PVV Infra Limited has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by Acuité Ratings and Research Limited, confirms that the utilization of Rights Issue proceeds is in line with the objects stated in the Offer Document. No deviation or variation from the disclosed objectives has been observed. The company continues to demonstrate disciplined deployment and monitoring of funds, adhering to regulatory requirements and stated business objectives. The total funds raised as of September 30, 2026, amounted to ₹25.26 Crore, with a balance potential call money of ₹0.40 Crore.
Key Highlights
- Rights Issue proceeds utilization aligns with stated objectives.
- No deviation from disclosed objects observed by Monitoring Agency.
- Company maintains disciplined fund deployment and monitoring.
- Total funds raised as of Sep 30, 2026, is ₹25.26 Crore.
Price Impact
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