Regulatory13 May 2026, 03:04 pm
Saatvik Green Energy: Monitoring Report for Q4 FY26
AI Summary
Saatvik Green Energy Ltd. released a monitoring agency report by Crisil Ratings Limited for the quarter ended March 31, 2026, as per SEBI regulations regarding the utilization of IPO proceeds. The report, dated May 13, 2026, indicates no deviations from the stated objectives of the IPO. The IPO, which occurred from September 19, 2025, to September 23, 2025, raised ₹7,000 million, with net proceeds of ₹6,575.18 million available after deducting issue expenses of ₹424.82 million.
Key Highlights
- Crisil Ratings issued a monitoring report for Saatvik Green Energy's IPO proceeds utilization.
- No deviations were noted from the stated objectives of the IPO.
- The IPO raised ₹7,000 million with ₹6,575.18 million in net proceeds.
- The report is for the quarter ended March 31, 2026, as per SEBI regulations.
Price Impact
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