Peninsula Land Limited — Others, 14-08-2025: Monitoring Agency Report

Peninsula Land's Monitoring Agency report on the 149.99 Cr preferential issue of optionally convertible debentures shows Rs. 13.25 Cr used for land acquisition and vendor payments, which the agency noted as a deviation from the stated object of investing into a real estate platform. The company clarified these outlays were for platform projects, approved by JV partners, and constitute capital infusion. The report also highlights the company's net loss of 5.03 Cr in Q1 FY26 and its stock price of Rs. 37.30 being below the Rs. 56.60 debenture conversion price. Management anticipates profitability from deferred revenue and upcoming projects will improve valuation.