Pursuant to Regulation 32(6) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 we enclose herewith Monitoring Agency Report issued by ICRA Limited, Monitoring ....
CEIGALL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ceigall India Ltd submitted its Q4 FY2026 Monitoring Agency Report as required under SEBI LODR Regulations. ICRA Limited, the monitoring agency, confirmed that IPO proceeds of Rs. 652.31 crore have been fully deployed with no material deviation from stated objects. A minor reallocation of Rs. 0.158 crore from borrowings repayment to General Corporate Purposes was made. Issue expenses utilized were Rs. 31.28 crore out of Rs. 31.94 crore allocated, with surplus Rs. 0.67 crore transferred to operational account. Equipment purchase (Rs. 99.79 crore), borrowings repayment for company (Rs. 384.48 crore) and subsidiary Ceigall Infra Projects (Rs. 28.76 crore), and GCP (Rs. 139.28 crore) were all fully utilized and on schedule.
The report is positive for investors as it confirms proper utilization of IPO funds with no material deviations. All projects remain on schedule, indicating smooth execution of the company's stated objectives.