LCC Infotech Limited has informed the Exchange about General Updates
LCCINFOTEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Brickwork Ratings India has submitted its first Monitoring Agency Report for LCC Infotech Limited confirming proper utilization of funds raised through a preferential issue. The company raised Rs 121.76 crore total issue size through equity shares and convertible warrants, with Rs 42.55 crore received so far (Rs 19.11 crore from equity + Rs 24.44 crore from 25% warrant allotment). Of the proceeds, Rs 42.52 crore has been deployed towards Working Capital Requirements and Rs 0.02 crore for General Corporate Purposes as of March 31, 2026. The monitoring agency found no deviations from the objects of the issue, no unfavorable events affecting viability, and all statutory approvals are in place.
This report provides regulatory assurance to shareholders that funds from the preferential issue are being used as disclosed in the offer document, with no material deviations detected. The clean monitoring report is positive from a compliance standpoint.