Vikran Engineering Limited has informed the Exchange about Monitory Agency Report
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Vikran Engineering Limited has submitted a Monitoring Agency Report to the stock exchange. As per SEBI regulations, companies that raise funds through public issues are required to appoint a monitoring agency to track how the issue proceeds are utilized. The report reviews whether the funds raised are being used for the purposes disclosed in the offer document. The full details of the report would be available in the attached filing on the NSE website.
This is a routine regulatory compliance filing. Shareholders should review the attached report to check if the company is using raised funds as originally promised. Any deviation or unqualified remarks could raise governance concerns, while a clean report reassures investors about fund deployment discipline.