Quarterly Updates15 May 2026, 04:25 pm
Avasara Finance: Monitoring Agency Report for Mar 2026
AI Summary
Avasara Finance Ltd has released the Monitoring Agency Report for the quarter ended March 31, 2026, prepared by Brickwork Ratings India Private Limited. The report monitors the utilization of ₹10.00 Crore raised through a Rights Issue. The Monitoring Agency found no deviation from the stated objectives of the issue. A Peer-Reviewed CA Certificate verifying the accuracy of the data provided to the Monitoring Agency and a statement from the Company confirming the utilization of proceeds from the Rights Issue are also enclosed.
Key Highlights
- Monitoring Agency Report by Brickwork Ratings for Q4 FY26 issued.
- No deviations observed in the utilization of Rights Issue proceeds.
- Rights Issue raised ₹10.00 Crore.
- Report confirms accurate data and proper utilization of funds.
- Report available on the company's website.
Price Impact
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