Rights Issue20 Jul 2026, 05:10 pm
Sobha Ltd: Rights Issue Funds Utilisation Report for Q1 FY27
AI Summary
Sobha Limited has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of funds from its Rights Issue. The report, prepared by ICRA Limited, confirms that there has been no material deviation in the utilization of proceeds, which are in line with the objects of the issue. The Rights Issue period was from June 28, 2024, to July 04, 2024. This report is a regulatory requirement under SEBI regulations and has been made available on the company's website.
Key Highlights
- Monitoring Agency Report for Sobha Ltd's Rights Issue funds utilization submitted.
- No material deviation found in the utilization of Rights Issue proceeds.
- Report covers the quarter ended June 30, 2026.
- ICRA Limited acted as the Monitoring Agency.
- Information aligns with SEBI (LODR) Regulations, 2015.
Price Impact
More from SOBHA