Corporate Governance5 Nov 2026, 12:40 pm
Stanbik Agro: Monitoring Agency Report for IPO Proceeds Q2 FY27
AI Summary
Stanbik Agro Ltd has submitted its Fourth Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of funds raised through its Initial Public Offer (IPO). The report, issued by Brickwork Ratings India Private Limited, confirms no deviation from the stated objects of the IPO. The company had raised ₹12.28 Crores through the Fresh Issue of Equity Shares. Brickwork Ratings has prepared this report as per SEBI (ICDR) Regulations, 2018, and the Monitoring Agency Agreement dated November 7, 2025. The agency declared no direct or indirect interest or conflict of interest with the issuer.
Key Highlights
- Monitoring Agency Report for Q2 FY27 submitted.
- No deviation from IPO utilization objects confirmed.
- Funds raised via IPO: ₹12.28 Crores.
- Report prepared as per SEBI (ICDR) Regulations.
- No conflict of interest declared by monitoring agency.
Price Impact
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