Kaynes Technology: QIP Proceeds Monitored by ICRA & CRISIL

Kaynes Technology India Limited has submitted its Monitoring Agency Reports for the quarter ended June 30, 2026. The reports, prepared by ICRA Limited and CRISIL Ratings Limited, detail the utilization of proceeds from its Qualified Institutional Placement (QIP). The company confirms that the information is available on its website, and shareholders are requested to take note.

Monitoring Agency Reports Submitted

Kaynes Technology India Limited has officially submitted its Monitoring Agency Reports for the financial quarter that concluded on June 30, 2026. These reports provide an overview of how the funds raised through the Qualified Institutional Placement (QIP) have been utilized.

Key Monitoring Agencies Involved

The monitoring of these proceeds has been conducted by two prominent agencies:

  • ICRA Limited, overseeing the utilization related to the Qualified Institutional Placement allotted on December 21, 2023.
  • CRISIL Ratings Limited, monitoring the utilization pertaining to the Qualified Institutional Placement allotted on June 24, 2025.

Disclosure and Accessibility

Kaynes Technology has stated that the details of these monitoring reports will also be made available on the company’s official website, www.kaynestechnology.co.in, for public access. Shareholders and interested parties are requested to take this information on record.

Source: BSE

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