Share India Securities Limited — Others, 13-11-2024: Monitoring Agency Report

Share India Securities Limited has released a Monitoring Agency Report for the quarter ended September 30, 2024, prepared by CRISIL Ratings Limited. The report confirms that the net proceeds from the company’s ₹80,118.60 crore rights issue have been utilized as per the objectives outlined in the offer document, with no deviations reported. The funds primarily support margin deposits with stock exchanges and general corporate purposes. This report reinforces investor confidence by demonstrating proper fund utilization, suggesting a positive outlook for future operational performance and financial health.