Monitoring Agency Report for the Quarter and Year ended March 31, 2026.
WAAREEENER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CARE Ratings Limited, the appointed Monitoring Agency, has submitted its report on the utilization of IPO proceeds for Waaree Energies Ltd for Q4 FY 2025-26 (quarter ended March 31, 2026). The company raised Rs. 3,600 crore through its public issue. The report confirms there is no deviation from the stated objects of the issue, meaning the IPO funds are being deployed as planned. The filing is pursuant to SEBI regulations requiring monitoring agency reports for capital raise proceeds. CARE Ratings has declared it provides an objective view based on information from the issuer without independent verification.
Positive signal for investors as the Monitoring Agency confirms no misuse or deviation of IPO funds. This indicates proper governance in deploying the Rs. 3,600 crore raised and compliance with SEBI disclosure requirements.