Monitoring Agency Report for the quarter ended 31st March, 2026
PCBL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PCBL Chemical Limited has received the final Monitoring Agency Report from CRISIL Ratings Limited for Q4 FY2026, confirming full utilization of Rs 448 crore raised through a preferential issue of warrants. The proceeds were deployed as disclosed: Rs 168 crore for debt repayment (Citibank and Aditya Birla Capital), Rs 168 crore for working capital funding (buyer's credit for carbon black feedstock), and Rs 112 crore for general corporate purposes (prepayment of Aditya Birla Capital term loan). The monitoring agency reported no deviations from the stated objects and no delays in implementation. The entire issue amount has been deployed, with the monitoring account balance at nil as of April 22, 2026, making this the final monitoring report.
This is a positive compliance filing confirming the company deployed the warrant issue proceeds as intended. For shareholders, this confirms proper governance and fund utilization. The final report status indicates the company has completed its obligations related to this preferential issue.