PVV Infra Limited has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, to the BSE. The report, issued by Acuité Ratings and Research Limited, confirms that the utilization of proceeds from the company’s Rights Issue is in line with the objects stated in the Offer Document. No deviation or variation from the disclosed objectives has been observed, indicating disciplined deployment of funds.
PVV Infra Limited Files Rights Issue Monitoring Report
PVV Infra Limited has officially submitted the Monitoring Agency Report concerning the utilization of proceeds from its recent Rights Issue. This report covers the financial quarter ending September 30, 2026, and has been filed with the Bombay Stock Exchange (BSE). The monitoring agency for this report is Acuité Ratings and Research Limited.
Utilization Aligns with Offer Document
According to the submitted report, the management of PVV Infra Limited confirms that the funds raised through the Rights Issue have been utilized in strict accordance with the objectives outlined in the original Offer Document. This signifies effective financial stewardship and adherence to the planned use of capital.
No Deviations Observed
A key finding highlighted in the Monitoring Agency Report is the absence of any deviations or variations from the disclosed objects of the issue. This indicates a consistent and disciplined approach by the company in deploying and monitoring the allocated funds, meeting applicable regulatory requirements and its stated business objectives.
Transparency with Stakeholders
The submission of this report is in compliance with Securities and Exchange Board of India (SEBI) regulations, underscoring PVV Infra Limited’s commitment to transparency and maintaining informed communication with its stakeholders and investors regarding the deployment of capital raised.
Source: BSE