Regulatory12 Aug 2026, 08:10 pm
Subam Papers: Preferential Issue Proceeds Fully Utilized
AI Summary
Subam Papers Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by Brickwork Ratings India Private Limited, confirms that the proceeds raised through a preferential issue, amounting to ₹104.37 Crore, have been fully utilized for the purposes stated in the offer documents. This filing adheres to SEBI regulations regarding the utilization of funds from capital issuances. The company has confirmed no deviation from the stated objects of the issue.
Key Highlights
- Preferential issue proceeds of ₹104.37 Crore fully utilized.
- Utilization aligns with stated objects in offer documents.
- Monitoring Agency Report confirms compliance.
- No deviation from the objects of the issue reported.
Price Impact
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