Corporate Governance4 Nov 2026, 12:46 pm
ZEN Technologies: Monitoring Agency Report for Q2 FY27
AI Summary
ZEN Technologies Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as per SEBI regulations. The report, issued by CRISIL Rating Limited, pertains to the utilization of proceeds from the company's Qualified Institutional Placement (QIP). The report indicates no deviation from the stated objects of the issue. The QIP, which took place from August 21-23, 2024, had gross proceeds of ₹1,00,000.00 lakhs (revised net proceeds of ₹97,950.77 lakhs). The proceeds have been utilized towards general corporate purposes, with confirmation from management and a peer-reviewed ICA certificate.
Key Highlights
- Monitoring Agency Report for Q2 FY27 submitted by ZEN Technologies.
- Report covers utilization of Qualified Institutional Placement (QIP) proceeds.
- CRISIL Ratings Limited issued the report, confirming no deviation from QIP objects.
- QIP proceeds of ₹1,00,000.00 lakhs utilized for general corporate purposes.
- Report filed as per SEBI (LODR) Regulations and SEBI (ICDR) Regulations.
Price Impact
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