Corporate Governance3 Nov 2026, 05:42 pm

Xpro India: Monitoring Agency Report for Q2 FY27

AI Summary

Xpro India Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as required by SEBI regulations. The report, issued by Crisil Ratings Limited, pertains to the utilization of proceeds from a Preferential Issue conducted in FY 2023-2024. The company had previously terminated its agreement with India Ratings and Research Private Limited and appointed Crisil Ratings Limited as the new Monitoring Agency effective June 6, 2024. The report confirms no deviation from the stated objects of the issue for the specified quarter. The total issue size comprised net proceeds of ₹140 crore.

Key Highlights

Monitoring Agency Report for Q2 FY27 submitted.
Report covers utilization of Preferential Issue proceeds.
Crisil Ratings Limited appointed as the new Monitoring Agency.
No deviation from the objects of the issue reported.
Preferential Issue proceeds amounted to ₹140 crore.

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XPROINDIA

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XPRO INDIA LTD.

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