
Corporate Governance30 Oct 2026, 03:43 pm
Rajputana Stainless: IPO Proceeds Monitoring Report for Q2 FY27
AI Summary
Rajputana Stainless Ltd has submitted its Monitoring Agency Report for the quarter ending September 30, 2026. The report, issued by CARE Ratings Limited, pertains to the utilization of proceeds from the company's Initial Public Offer (IPO). The IPO, which raised Rs. 178.73 crore, was conducted between March 9-16, 2026. The monitoring agency confirms that there have been no deviations from the stated objects of the issue. The report is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Key Highlights
- Monitoring Agency Report submitted for Q2 FY27.
- Covers utilization of IPO proceeds amounting to Rs. 178.73 crore.
- Report issued by CARE Ratings Limited.
- No deviation from IPO objects noted.
- Compliance with SEBI regulations confirmed.
Price Impact
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