Tata Capital: Monitoring Agency Report for Q2 2026 IPO Proceeds

Tata Capital Limited has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of proceeds from its Initial Public Offering (IPO). The report, issued by CARE Ratings Limited, confirms that the utilization of funds raised through the IPO, which aggregated ₹15,512 crore (₹6,846 crore fresh issue), is in line with the objects disclosed in the Offer Document. The Audit Committee and Board of Directors have reviewed and taken this report on record. CARE Ratings confirmed no deviation from the IPO's stated objectives.