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Other Textile Products
Rights Issue11 Nov 2026, 08:50 pm

Titan Intech Rights Issue Proceeds Utilization Verified

AI Summary

Titan Intech Limited has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, prepared by Acuité Ratings and Research Limited. The report confirms that the utilization of proceeds from the company's Rights Issue is in line with the objects stated in the Offer Document. No deviation or variation has been observed, and the company is maintaining disciplined deployment and monitoring of funds. This submission is in compliance with SEBI regulations to ensure transparency for stakeholders and investors.

Key Highlights

  • Rights Issue proceeds utilization aligns with stated objectives.
  • No deviation or variation from the Offer Document observed.
  • Company maintains disciplined fund deployment and monitoring.
  • Report submitted to SEBI for stakeholder transparency.