StockWatch
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Civil Construction
Regulatory13 Aug 2026, 01:21 pm

SPML Infra: Monitoring Agency Report Confirms No Deviation in Fund Utilization

AI Summary

SPML Infra Ltd has submitted its final Monitoring Agency Report for the quarter ended June 30, 2026, prepared by ICRA Limited. The report confirms that the utilization of funds raised through a preferential allotment is in line with the objects of the issue, with no deviation observed. The preferential issue involved equity shares and warrants, with gross proceeds revised to INR 292.58 crore. The report clarifies that the Monitoring Agency does not perform an audit and undertakes no independent verification of information provided by the issuer.

Key Highlights

  • Final Monitoring Agency Report for Q1 FY2027 submitted by SPML Infra.
  • ICRA Limited confirms no deviation in fund utilization for preferential allotment.
  • Funds raised are in line with the stated objects of the issue.
  • Gross proceeds from preferential issue revised to INR 292.58 crore.
  • Monitoring Agency report does not constitute an audit or independent verification.