Monitoring Agency Report with respect to Rights Issue for the period ended March 31, 2026
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Galactico Corporate Services has filed its quarterly monitoring agency report for the Rights Issue as per SEBI regulations. The rights issue raised ₹5.99 crore through the issuance of 34,272,605 equity shares priced at ₹1.75 per share, and the full amount has been received. The report has been issued by Brickwork Ratings India Private Limited (the appointed monitoring agency) and reviewed by the company's Audit Committee. The investment utilization table shows ₹0.00 crore deployed so far, indicating the proceeds remain uninvested or are parked in temporary instruments as of the quarter end.
This is a routine compliance filing confirming proper monitoring of rights issue proceeds. The zero deployment figure suggests the company has not yet utilized the funds, which may be held in liquid instruments pending deployment for stated objectives.