Amir Chand Jagdish Kumar (Exports) Limited has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by CARE Ratings Limited, confirms that the utilization of proceeds from the company’s Initial Public Offer (IPO) is in line with the objectives stated in the offer document. The company has made this information available on its website.
Monitoring Agency Report Submitted
Amir Chand Jagdish Kumar (Exports) Limited has officially submitted its Monitoring Agency Report, covering the financial quarter that concluded on September 30, 2026. This report is a regulatory requirement under SEBI regulations concerning the utilization of funds raised through public issues.
Confirmation of Fund Utilization
The Monitoring Agency, CARE Ratings Limited, has reviewed the deployment of the Initial Public Offer (IPO) proceeds. The report confirms that the funds have been utilized strictly towards the objects specified in the offer document. Specifically, it details that a substantial portion of the total allocation has been used as planned.
The report also indicates that the company has provided necessary documentation, including bank statements and CA certificates, for the monitoring agency’s review. The company aims to ensure transparency and compliance in the use of IPO funds.
Website Availability
In line with the company’s commitment to stakeholder communication, the information contained in this Monitoring Agency Report will be made available on the company’s official website, www.aeroplanerice.com.
Source: BSE