Aditya Birla Fashion and Retail Limited (ABFRL) has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by Axis Bank Limited and ICRA Limited, confirms that there has been no variation or deviation in the utilization of funds raised through the recent Rights Issue and Preferential Issue. The company has made this information available on its website, assuring stakeholders of transparent fund management.
Monitoring Agency Report Filed
Aditya Birla Fashion and Retail Limited (ABFRL) has officially submitted its Monitoring Agency Report for the quarter concluding on June 30, 2026. This report details the utilization of proceeds from the company’s recent fundraising activities.
Key Findings: No Deviation in Fund Utilization
The reports, independently prepared by Axis Bank Limited for the Rights Issue and ICRA Limited for the Preferential Issue, explicitly state that there has been no variation or deviation in the utilization of the funds. This assurance indicates that the proceeds have been used strictly in accordance with the objects disclosed during the respective issue periods.
Transparency and Accessibility
In line with its commitment to transparency, ABFRL has made these Monitoring Agency Reports readily available on the company’s official website, www.abfrl.com. This accessibility allows all stakeholders, including investors and the public, to review the details of fund utilization.
The report confirms adherence to regulatory requirements, including provisions under Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 82(2) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Source: BSE
