PFA Monitoring agency report for the quarter ended 31/12/2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jainex Aamcol filed the first Monitoring Agency Report from CARE Ratings for its Rs. 8.98 crore Rights Issue (7,48,169 shares at Rs. 120 each, open from December 1–9, 2025). The company revised the use of proceeds via a board resolution dated December 10, 2025, cutting the secured loan repayment allocation by Rs. 1.92 crore and reallocating it to expansion (now Rs. 2.89 cr), unsecured loan repayment (now Rs. 5.48 cr), and issue expenses (now Rs. 0.40 cr). During Q3FY26, Rs. 6.57 crore was utilized, including full repayment of unsecured loans (Rs. 5.48 cr) and Rs. 0.84 crore spent on expansion (building construction). The remaining Rs. 2.41 crore sits idle in a dedicated ICICI Bank current account. No deviation from the stated objects was flagged, and the unsecured loan repayment was completed ahead of the March 31, 2026 deadline.
Shareholders can take comfort that funds are being deployed as disclosed with no misuse, and the reallocation toward repaying higher-cost unsecured debt is financially prudent. However, Rs. 2.41 crore (about 27% of proceeds) is yet to be deployed, and the expansion program is still at an early stage with completion targeted by March 2026.