Monitoring Agency Report for the Quarter Ended March 31, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CARE Ratings Limited, the monitoring agency, has confirmed that Healthy Life Agritec Ltd fully utilized all Rs. 24.81 crore raised via a Right Issue (October 2025) with no deviation from the stated objects. The issue size remained at Rs. 24.81 crore, allocated across repayment of borrowings (Rs. 0.85 crore), working capital (Rs. 18 crore), general corporate purposes (revised from Rs. 5.46 crore to Rs. 5.65 crore via a February 2026 board resolution), and issue-related expenses (revised from Rs. 0.50 crore to Rs. 0.31 crore). During Q4 FY26, Rs. 3.06 crore from GCP was deployed to pay suppliers for live chicken purchases. All four object heads are marked as completed with no delays. This is the final monitoring agency report, as the entire issue proceeds have been deployed. CARE Ratings flagged a significant reduction in the company's share price but confirmed no material deviation in fund utilization.
Shareholders can be reassured that the Rs. 24.81 crore Right Issue proceeds have been fully and properly deployed as per the offer document with no regulatory deviation. However, the monitoring agency flagged a significant share price decline, which may signal market concerns unrelated to fund utilization.