StockWatch
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Sponge Iron
Regulatory14 May 2026, 05:31 pm

Vraj Iron & Steel: Monitoring Report for Quarter Ended March 2026

AI Summary

Vraj Iron and Steel Ltd has submitted a Monitoring Agency Report by CARE Ratings Limited for the quarter ended March 31, 2026, as per SEBI regulations. The report confirms full utilization of IPO proceeds for stated objectives with no deviations. CARE Ratings, as the monitoring agency, provides an objective view based on information from the issuer and believed-to-be-reliable sources, while disclaiming audit responsibilities or liability for information use.

Key Highlights

  • CARE Ratings issued a monitoring report for Vraj Iron & Steel's IPO proceeds.
  • The report confirms full utilization of IPO proceeds as of March 31, 2026.
  • There were no deviations in the use of IPO funds.
  • The report is in compliance with SEBI regulations.
  • CARE Ratings disclaims audit responsibility and liability for information use.