Sansera Engineering: No Deviation in QIP Fund Utilization

Sansera Engineering Limited has received a Monitoring Agency Report from ICRA Limited for the quarter ended September 30, 2026. The report confirms that the utilization of funds raised through Qualified Institutions Placement (QIP) is in line with the stated objects of the issue. There has been no deviation observed in the use of the net proceeds, which amounted to INR 1,174.979 Crore from a total issue size of ₹1,200.000 Crore. The company raised these funds through a QIP of equity shares.