Monitoring Agency Report for the quarter ended 31st March, 2026
SHRADHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shradha Realty Limited submitted its Q4 FY26 Monitoring Agency Report for a Rights Issue that raised Rs. 121.50 crore in September-October 2025. The issue comprised 3.03 crore equity shares at Rs. 40 per share. As of March 31, 2026, Rs. 75 crore (100%) has been deployed for investment via loan to the wholly-owned subsidiary, Rs. 10.62 crore of Rs. 16.50 crore for working capital (Rs. 5.88 crore unutilized), Rs. 29.36 crore for general corporate purpose, and Rs. 0.30 crore for issue expenses. Brickwork Ratings India Private Limited confirmed no deviations from the stated objects and no unfavorable events affecting project viability. The monitoring agency verified fund utilization through bank statements, company letters, invoices, and CA certificates from V.K. Surana & Co.
The report indicates funds are being deployed as per the offer document with no material deviations, which is a positive signal for investors in the rights issue. Working capital deployment is ongoing with Rs. 5.88 crore still pending utilization, suggesting continued operational deployment in coming quarters.