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Adcounty Media India LtdImportant, 14-05-2026: Company Update

14-05-2026 · 09:21 pm

AdcountyMedia India Limited has submitted its Monitoring Agency Report for the half-year ended March 31, 2026, detailing the utilization of proceeds from its Initial Public Offer. This report, prepared by Acuité Ratings, confirms that IPO funds are being deployed for stated objectives, such as the acquisition of Adaxx Adtech and Media LLP to support media services activities. The Audit Committee reviewed this report, and the Board of Directors subsequently took it on record. This update offers transparency to investors on how the company is deploying its capital, aligning with its business plans.

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