Pursuant to the Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015 and Regulation 41(4) of the SEBI (Issue of Capital and DisclosureRequirements) Regulations, 2018, please find enclosed herewith the Monitoring Agency Reportfor the quarter ended on 31st December, 2025, issued by Crisil Ratings Limited, the MonitoringAgency appointed in respect of utilization of proceeds of the Initial Public Offer (IPO) of theCompany.
KRN · price
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KRN Heat Exchanger and Refrigeration Limited has submitted the Monitoring Agency Report for the quarter ended 31 December 2025, as required under SEBI Listing Regulations and ICDR Regulations. The report was issued by Crisil Ratings Limited, which serves as the appointed Monitoring Agency overseeing how the company is using the funds raised through its Initial Public Offer (IPO). This is a routine compliance filing, typically submitted by companies that raised money via an IPO, to confirm that the proceeds are being deployed in line with the purposes disclosed in the offer document. No deviations or material concerns have been flagged in this disclosure; investors would need to review the full report from Crisil for specific utilization details.
This is a standard regulatory disclosure and is unlikely to move the stock price. It provides transparency on IPO fund usage, and shareholders should review the detailed Crisil report to confirm proceeds are being deployed as originally promised.