Kaynes Technology India Limited (KAYNES)
Monitoring Agency report
Monitoring Agency Reports for Q4 FY26 confirm no material deviations in utilization of QIP proceeds. ICRA and Crisil reports state proceeds used as per objects: repayment of debt, working capital, inorganic growth, and general corporate purposes. Total QIP net proceeds approx Rs 1374 Cr (ICRA) and Rs 157.5 Cr (Crisil). Some unutilized funds invested in fixed deposits and mutual funds. No delays or unfavorable events reported. Monitoring agencies rely on management info; no independent audit performed.
Source: Original filing PDF
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