Statutory Auditors Certificate in terms of Regulation 169(5) of SEBI ICDRA Regualations, 2018
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Sun Pharma Advanced Research Company Ltd has submitted a statutory auditor certificate confirming compliance with SEBI ICDR Regulations regarding a preferential warrant allotment. The filing includes a statement of receipt showing that Shanghvi Finance Private Limited received 3,85,10,000 warrants for a total consideration of Rs. 149,99,64,500 (approximately Rs. 150 crore). The amount was received on May 19, 2026 via ICICI Bank, Mumbai-Nariman Point, with UTR references provided. S R B C & Co LLP, the statutory auditors, certified that the company is in compliance with Regulation 169(4) of the ICDR Regulations.
This filing confirms proper regulatory compliance for the preferential allotment of warrants to Shanghvi Finance Private Limited. The receipt of approximately Rs. 150 crore strengthens the company's capital position. For shareholders, this indicates successful completion of a significant capital raise transaction.