Regulatory15 May 2026, 06:51 pm

Seshaasai Tech: Monitoring Agency Report for Q4 FY26

AI Summary

Seshaasai Technologies Ltd has released a Monitoring Agency Report by CRISIL Ratings Limited for the quarter ended March 31, 2026, concerning the utilization of IPO and pre-IPO proceeds. The report, as per SEBI regulations, indicates no deviations from the stated objectives. Gross proceeds from the fresh issue were ₹4,800.03 million, with net proceeds of ₹4,490.75 million after deducting issue expenses of ₹309.28 million. Pre-IPO proceeds amounted to ₹1,199.97 million.

Key Highlights

CRISIL Ratings monitored IPO and pre-IPO proceeds utilization.
No deviation from objectives reported for the quarter ended March 31, 2026.
Gross proceeds from IPO fresh issue: ₹4,800.03 million.
Net proceeds from IPO: ₹4,490.75 million after expenses.
Pre-IPO proceeds totaled ₹1,199.97 million.

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Financial Technology (Fintech)

Seshaasai Technologies Ltd

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