StockWatch
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Non Banking Financial Company (NBFC)
Rating27 Jul 2026, 01:08 pm

Shriram Finance: CRISIL Monitoring Report for Q2 2026 Fund Utilization

AI Summary

Shriram Finance Limited has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, issued by CRISIL Ratings Limited. This report, mandated by SEBI regulations, details the utilization of funds raised through a Preferential Issue of Equity Shares. The report confirms that fund utilization is in line with the disclosures made in the Offer Document. The Audit Committee and Board of Directors have reviewed the report, which will also be available on the company's website. CRISIL Ratings, acting as the Monitoring Agency, has declared no deviation from the objects of the issue.

Key Highlights

  • CRISIL Ratings monitors Shriram Finance's fund utilization for Q2 2026.
  • Funds raised via Preferential Issue are utilized as per Offer Document.
  • Audit Committee and Board have reviewed the monitoring report.
  • No deviation reported in fund utilization against issue objects.