Rights Issue13 May 2026, 01:07 pm
Viram Suvarn: Rights Issue Proceeds Monitoring Report
AI Summary
Viram Suvarn Ltd. released a monitoring agency report on the utilization of proceeds from its rights issue of equity shares for the quarter ended March 31, 2026. The report, issued by Brickwork Ratings India Private Limited, confirms no deviations from the stated objectives for the use of ₹30.25 Crore raised through the rights issue. The monitoring agency declares no conflict of interest and relies on information provided by the issuer.
Key Highlights
- Viram Suvarn's rights issue proceeds monitored by Brickwork Ratings.
- No deviation reported in the utilization of rights issue funds.
- Total funds raised through the rights issue: ₹30.25 Crore.
- Brickwork Ratings declares no conflict of interest.
- Report based on information provided by Viram Suvarn Ltd.
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