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Regulatory13 Aug 2026, 05:31 pm

Shivam Autotech: Monitoring Agency Report for Q2 2026

AI Summary

Shivam Autotech Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, as required by SEBI regulations. The report, issued by CARE Ratings Limited, pertains to the preferential issue of optionally convertible debentures aggregating to ₹120 crores. The report confirms no deviation from the objects of the issue. CARE Ratings Limited, acting as the Monitoring Agency, has reviewed the utilization of issue proceeds based on information provided by the company and other reliable sources, stating that the utilization aligns with the issue's objectives.

Key Highlights

  • Monitoring Agency Report submitted for Q2 2026.
  • Report covers preferential issue of ₹120 crore optionally convertible debentures.
  • No deviation from the objects of the issue confirmed.
  • CARE Ratings Limited issued the report.
  • Report confirms utilization of funds as per SEBI regulations.