Lloyds Metals and Energy Limited has filed its Monitoring Agency Reports for the quarter ended June 30, 2026. These reports, issued by India Ratings & Research Private Limited and ACER Credit Rating Private Limited, detail the utilization of proceeds from the Qualified Institutional Placement (QIP) and a Preferential Issue of Warrants. The company confirms no deviation from the stated objects for the utilization of these funds.
Monitoring Agency Reports Submitted
Lloyds Metals and Energy Limited announced on August 10, 2026, that it has submitted its Monitoring Agency Reports for the quarter ended June 30, 2026. These reports are in accordance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
QIP and Preferential Issue Proceeds Reviewed
The reports, prepared by two independent monitoring agencies, India Ratings & Research Private Limited and ACER Credit Rating Private Limited, cover the utilization of funds raised through the Qualified Institutional Placement (QIP) and a Preferential Issue of Warrants. The Monitoring Agency Reports confirm that the utilization of proceeds aligns with the objects disclosed in the respective offer documents.
No Deviation from Objectives
According to the monitoring agencies, based on the information provided by the company and further verification, no deviation from the stated objects of the issue has been observed. The reports have been reviewed by the Audit Committee and taken on record by the Board of Directors of Lloyds Metals and Energy Limited.
Report Availability
The aforesaid Monitoring Agency Reports will also be available on the Company’s website at www.lloyds.in.
Source: BSE
