StockWatch
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Other Financial Services
Regulatory14 Jul 2026, 06:10 pm

SG Finserve Files Monitoring Agency Report for Preferential Issue

AI Summary

SG Finserve Limited has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, to the stock exchange. The report, issued by CARE Ratings Limited, monitors the utilization of proceeds from a preferential issue amounting to ₹450.00 crore. The report confirms no deviation from the objects of the issue. The Audit Committee and Board of Directors have reviewed and approved the report. The company has also made the report available on its website.

Key Highlights

  • Monitoring Agency Report filed for preferential issue proceeds.
  • Report covers utilization for the quarter ending June 30, 2026.
  • No deviation from the objects of the preferential issue noted.
  • Report approved by Audit Committee and Board of Directors.
  • Preferential issue amount aggregated to ₹450.00 crore.