Corporate Governance4 Nov 2026, 02:48 pm
Steel Exchange India: Monitoring Agency Report for Preferential Issue
AI Summary
Steel Exchange India Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, concerning the utilization of proceeds from a preferential issue of convertible warrants. The report, issued by Infomerics Valuation and Rating Limited, confirms nil deviation from the objects for which the Rs. 341.58 crore issue proceeds were earmarked. This filing is in compliance with SEBI regulations.
Key Highlights
- Monitoring Agency Report submitted for preferential issue proceeds.
- Report covers utilization for the quarter ended September 30, 2026.
- No deviation from the objects of the issue was reported.
- Total issue size was Rs. 341.58 crore.
- Infomerics Valuation and Rating Limited is the Monitoring Agency.
Price Impact
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