Monitoring Agency Report for the quarter ended 30th June, 2025 in compliance with regulation 32(6) of SEBI LODR and 162A of SEBI ICDR Regulations 2018.
KLBRENG-B · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kilburn Engineering has submitted the CARE Ratings monitoring agency report for Q1 FY26 (quarter ended June 30, 2025) on its Rs. 299.63 crore preferential issue of equity shares and convertible warrants done in November 2024. CARE confirmed zero deviation from the stated use of funds. Of the Rs. 279.66 crore cash component being monitored, only Rs. 125.24 crore has been received so far — the balance Rs. 154.83 crore is awaiting warrant conversion — and Rs. 124.83 crore has been deployed. The Monga acquisition is fully done (Rs. 103.03 crore cash utilised, completed Jan 27, 2025), and Rs. 21.80 crore was used for long-term working capital during the quarter. Debt repayment (Rs. 25 cr), capex (Rs. 13 cr), investment in subsidiaries (Rs. 25 cr), and general corporate purpose (Rs. 74 cr) have not yet started. A small Rs. 0.42 crore idle balance sits in an IndusInd Bank monitoring account.
Routine regulatory filing — confirms the money raised from the preferential issue is being spent as promised with no misuse, which is mildly positive for governance. No meaningful stock-price catalyst since most planned deployments are waiting on the balance warrant conversion; investors should track further updates as more warrants are converted and utilised.