Monitoring Agency Report for the quarter ended March 31, 2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Aditya Birla Fashion and Retail Limited has submitted its quarterly monitoring agency reports for Q4 FY2026 from Axis Bank (for Rights Issue proceeds) and ICRA Limited (for Preferential Issue proceeds). For the Rights Issue of Rs. 995.12 crore (July 2020), Rs. 987.50 crore has been utilized with only Rs. 0.08 crore remaining idle. For the Preferential Issue of Rs. 2,378.75 crore, Rs. 1,812.75 crore (76%) has been utilized as of March 31, 2026. The borrowing repayment is largely complete at Rs. 1,015.42 crore of Rs. 1,185 crore allocated, while capex/opex investments for high-growth segments (Pantaloons, Ethnic, Luxury retail) show slower deployment at Rs. 203.58 crore of Rs. 600 crore. General corporate purpose funds of Rs. 593.75 crore have been fully deployed towards working capital across Q1-Q4 FY26. No deviation from stated objects has been reported by either monitoring agency.
The filing confirms proper utilization of funds with no deviations, which is positive for shareholder confidence. However, the preferential issue shows slower-than-expected deployment of capex/opex funds (only 34% utilized), with Rs. 566 crore still deployed in liquid investments, suggesting ongoing capital deployment into business expansion.