
Regulatory7 Aug 2026, 09:00 pm
Shriram AMC: No Deviation in Preferential Issue Proceeds Utilization
AI Summary
Shriram Asset Management Company Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, prepared by ICRA Limited, confirms that the utilization of proceeds from the company's preferential issue is in line with the stated objects. There has been no deviation observed in the use of funds raised through the preferential allotment, which amounted to ₹105.00 Crore. The company has also made this information available on its website.
Key Highlights
- Monitoring Agency Report confirms no deviation in preferential issue proceeds.
- Utilization of ₹105.00 Crore preferential issue funds is as per objects.
- ICRA Limited acted as the Monitoring Agency for the report.
- Report covers the quarter ended June 30, 2026.
- Information is available on the company's website.
Price Impact
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