BSEAdcounty Media India LtdMinimalNeutral
Announced Wed, 12 Nov · 19:24 IST

Please find enclosed herewith Monitoring agency report for the half year ended September 30,2025 issued by Acuite Ratings and Reserach Limited, in respect of the utlisation of proceeds ....

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AI summary

Adcounty Media India Ltd has submitted a Monitoring Agency Report to BSE covering the half year ended September 30, 2025, regarding the use of funds raised through its Initial Public Offer. The report was prepared by Acuité Ratings and Research Limited, a SEBI-registered credit rating agency, as required under SEBI's listing regulations. The Board of Directors and Audit Committee reviewed and noted the report at their meeting on November 12, 2025. A key point from the report is that the company has not utilised any amount towards the 'Unidentified Acquisition and General Corporate Purposes' object so far. No delays or deviations in scheduled objects were flagged in this filing.

Likely market impact

This is a routine regulatory compliance disclosure. Shareholders should note that IPO proceeds earmarked for acquisitions and general corporate purposes remain undeployed, which investors may view as a delay in capital allocation until the company identifies specific uses.