Please Find the Attached Monitoring Agency Report for the Quarter ended on March 31, 2026

KINGFA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+0.3%1-day move

₹5170.00

prior close

₹5146.40

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+2.0+2.3+2.6+2.6+0.3+3.0+1.8+1.2-0.5+1.0+2.9-2.5-3.0—

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AI summary

CARE Ratings Limited, as Monitoring Agency, submitted its Q4FY26 report for Kingfa's Rs.500 crore preferential issue. Of the total proceeds, Rs.155.78 crore (31%) has been utilized so far, with Rs.40.63 crore deployed during Q4FY26 entirely towards General Corporate Purpose (vendor payments and bank charges). Plant and Machinery accounts for Rs.60.29 crore utilized, while the remaining Rs.344.22 crore is unutilized. The unutilized funds are deployed in ICBC fixed deposits (Rs.285 crore) and held in the Preferential Issue Account (Rs.62.12 crore), earning accrued interest of Rs.8.55 crore. No deviations from the offer document objects were observed. All projects (Phase 2 Factory, R&D Building, Plant & Machinery, Land Acquisition, GCP) are on track for June 2027 completion.

Likely market impact

Routine compliance filing with no red flags. The slow utilization of capital expenditure components (Factory, R&D, Land) while GCP funds are being deployed suggests the company is in an early-stage capex phase. The Rs.352.77 crore in liquid investments provides clarity on fund deployment.