Corporate Action12 Nov 2026, 07:02 pm
VISA Chrome: MA Report for Q2 FY27 Preferential Issue
AI Summary
VISA Chrome Limited has submitted its Monitoring Agency (MA) Report for the quarter ended September 30, 2026, concerning the preferential issue of warrants aggregating to Rs. 200 crore. The report, prepared by CARE Ratings Limited, indicates no deviation from the objects of the issue. The utilization of proceeds is being monitored as per SEBI regulations. The company has not utilized any funds during this quarter, and there are no material deviations from the disclosed expenditures. The report also notes that no government/statutory approvals are required for the stated objects.
Key Highlights
- MA report submitted for Q2 FY27 preferential issue.
- No deviation from the objects of the Rs. 200 crore warrant issue.
- No utilization of funds reported for the quarter.
- No material deviations in expenditure from offer document.
- No government/statutory approvals required for issue objects.
Price Impact
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