Lloyds Enterprises Limited has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, prepared by India Ratings & Research Private Limited, confirms that funds raised through the company’s Rights Issue have been utilized appropriately and without deviation from the objects stated in the offer document. The Audit Committee and Board of Directors have reviewed and approved this report, indicating sound financial governance and transparency.
Monitoring Agency Report Filed
Lloyds Enterprises Limited has officially submitted its Monitoring Agency Report to the BSE Limited and the National Stock Exchange of India Limited. This report pertains to the quarter that concluded on June 30, 2026, and addresses the utilization of funds raised via a Rights Issue of equity shares. The company has confirmed that the proceeds from this issue have been used appropriately, aligning with the objectives detailed in the Letter of Offer dated August 11, 2025.
Independent Verification of Fund Usage
The detailed report was prepared by India Ratings & Research Private Limited, acting as the Monitoring Agency. Key findings from the report indicate no deviation from the stated objects of the issue. The report also highlights that all utilization is as per the disclosures in the Offer Document, and there were no major deviations observed over earlier monitoring reports. The company’s management, along with the Statutory Auditor, have provided undertakings and certificates supporting these findings.
Board Approval and Transparency
The Monitoring Agency Report has undergone thorough review and approval by the Audit Committee of Lloyds Enterprises Limited. Subsequently, it was formally approved by the Board of Directors. This comprehensive review process underscores the company’s commitment to financial transparency and robust corporate governance. The intimation of this report submission is also being made available on the company’s official website, www.lloydsenterprises.in, ensuring accessibility for all stakeholders.
Financial Highlights for the Quarter
The report details the progress in the utilization of funds. For the quarter ended June 30, 2026, the company utilized INR 1,484.58 Lakhs. The total unutilized amount out of the funds raised was INR 51,099.85 Lakhs. The primary allocation of funds was towards the subscription to secured Non-Convertible Debentures (‘NCDs’) of its subsidiary, Lloyds Realty Developers Limited (LRDL), amounting to INR 70,000.00 Lakhs. General Corporate Purposes saw no utilization during this specific quarter.
Source: BSE
