Rights Issue14 May 2026, 08:31 pm
Valiant Labs: Monitoring Agency Report for Mar 2026
AI Summary
Valiant Laboratories Ltd's Monitoring Agency Report for the quarter ended March 31, 2026, indicates that funds raised through the Rights Issue of equity shares have been utilized appropriately for the objects mentioned in the offer document. India Ratings and Research Private Limited issued the report, which was reviewed by the Audit Committee and Board of Directors on May 14, 2026. The report confirms no deviation from the stated objectives, based on management undertaking and a Statutory Auditor Certificate.
Key Highlights
- Funds from Rights Issue utilized appropriately as per offer document.
- No deviation from objects observed, per auditor certificate.
- Monitoring Agency Report issued by India Ratings & Research.
- Report reviewed by Audit Committee and Board of Directors.
- Rights Issue period: July 28, 2025 to August 08, 2025.
Price Impact
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