StockWatch
·
Gems, Jewellery And Watches
Rights Issue3 Nov 2026, 08:51 pm

Shanti Gold: Monitoring Agency Report for Rights Issue Proceeds

AI Summary

Shanti Gold International Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of proceeds from its Rights Issue. The report, issued by Acuité Ratings & Research Limited, indicates no deviation from the stated objects of the issue. The utilization of funds has been reviewed and approved by the company's Audit Committee. The Rights Issue, which involved equity shares, had an issue size of ₹99.83 Crore and was open from August 14 to August 21, 2026. This is the first and final monitoring agency report for this issue.

Key Highlights

  • No deviation observed in the utilization of Rights Issue proceeds.
  • Report covers the quarter ended September 30, 2026.
  • Audit Committee reviewed and approved the utilization statement.
  • Rights Issue size was ₹99.83 Crore.
  • This is the first and final monitoring agency report.