Business Update14 May 2026, 11:18 am
Subam Papers Fully Utilizes Preferential Issue Proceeds
AI Summary
Subam Papers Ltd. has fully utilized the proceeds from its preferential issue, as reported by Brickwork Ratings India Private Limited in their monitoring agency report dated May 11, 2026, for the quarter ended March 31, 2026. The report, issued pursuant to SEBI regulations, confirms that the funds were used for the purposes stated in the offer documents.
Key Highlights
- Subam Papers utilized proceeds from preferential issue.
- Brickwork Ratings issued a monitoring report.
- Proceeds were used as per offer documents.
- Report complies with SEBI regulations.
Price Impact
More from SUBAM