Pursuant to Regulation 173A of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the monitoring agency report issued by Care Ratings Limited, Monitoring Agency, in respect of utilization of proceeds raised through qualified institutions placement by the Company for the third quarter ended December 31, 2025
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Azad Engineering has submitted the monitoring agency report from Care Ratings Limited for the quarter ended December 31, 2025. This is a routine regulatory filing required under SEBI regulations for companies that raised funds through a Qualified Institutions Placement (QIP). The report tracks how the company has used the money raised from the QIP. No specific utilization details, deviations, or concerns are mentioned in the headline.
This is a compliance disclosure rather than new business news. Investors should review the actual report for any flagged deviations or misuse of QIP proceeds, which could affect confidence if highlighted.