Monitoring Agency report for Quarter ended 31st march 2026
SPMLINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ICRA Limited has submitted its Q4 FY2026 monitoring report for SPML Infra's preferential issue of equity shares and warrants. The issue size was Rs. 300 crore, revised to Rs. 292.58 crore due to under-subscription of equity shares. As of March 31, 2026, Rs. 210.43 crore has been received (including Rs. 35.79 crore received in Q4), and this entire amount has been fully utilized. Rs. 82.16 crore is yet to be received from warrants. Funds have been deployed towards margin money (Rs. 42.15 crore), working capital (Rs. 138.27 crore fully utilized), and general corporate purposes (Rs. 30.01 crore). No deviations from the objects of the issue were observed, and all projects remain on schedule within the 24-month timeline.
Positive signal for shareholders - all received funds are being deployed as intended with no deviations, and working capital requirements have been fully met. The partial receipt of warrant proceeds indicates ongoing capital inflow, though Rs. 82.16 crore remains pending.