Rating11 Aug 2026, 06:31 pm
Seshaasai Technologies: Monitoring Agency Report for Q2 2026
AI Summary
Seshaasai Technologies Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by CRISIL Ratings Limited, details the utilization of proceeds from the company's Initial Public Offer (IPO) and Pre-IPO funding. The total proceeds monitored amount to ₹6,000 million, comprising ₹4,800.03 million from the IPO (net of ₹309.28 million issue expenses) and ₹1,199.97 million from the Pre-IPO private placement. The report confirms that there were no deviations from the stated objects for the utilization of these funds during the quarter. The company has also made this intimation available on its website.
Key Highlights
- Monitoring Agency Report for Q2 2026 submitted by Seshaasai Technologies.
- Covers utilization of IPO and Pre-IPO proceeds totaling ₹6,000 million.
- CRISIL Ratings Limited is the appointed Monitoring Agency.
- No deviations reported in the utilization of funds for the quarter.
- Report pertains to equity shares issued via IPO and private placement.
Price Impact
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