Pursuant to Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Regulation 41(4) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, we are enclosing herewith the Monitoring Agency Report for the quarter ended September 30, 2025, in respect of utilization of the proceeds raised through issuance of equity shares by way of Initial Public Offer (IPO) of the Company, as received from Monitoring Agency, Crisil Ratings Limited on October 29, 2025. Anand Rathi Share and Stock Brokers Limited hereby
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Anand Rathi Share and Stock Brokers has submitted a Monitoring Agency Report to the stock exchanges, as required under SEBI listing and disclosure rules. The report covers how the company has used the money raised through its Initial Public Offer (IPO), for the quarter ending September 30, 2025. Crisil Ratings Limited, the appointed Monitoring Agency, issued the report on October 29, 2025. The company has confirmed it has no deviations to report in the format prescribed under SEBI regulations. The actual details of fund utilization are contained in the Monitoring Agency Report itself.
This is a routine post-IPO compliance filing and is not expected to materially move the stock. Investors should review the actual Monitoring Agency Report to verify that the IPO proceeds are being used as originally disclosed in the prospectus.