Audroc530889Routine SEBI update
Monitoring agency report shows no deviation in use of preferential issue proceeds
Audroc Ltd has shared the monitoring agency report issued by Brickwork Ratings India Private Limited for the quarter ended September 30, 2026, covering its preferential issue of convertible warrants.
By ScoutQuest · · 2 min read
- Issue size
- 80.00 (₹ crore)
- Amount received so far
- Rs.70.39 crore out of Rs.80.00 crore proposed
- Price per warrant
- ₹4
What the company shared
- Brickwork Ratings India Private Limited, the monitoring agency appointed by Audroc Limited for its preferential issue of convertible warrants, has issued its report for the quarter ended September 30, 2026.
- The agency states there is no deviation from the objects of the issue, and the range of deviation is marked Not Applicable.
- The report covers the utilisation of the proceeds of the preferential issue of warrants.
The numbers in the report
- Issue size: 80.00 (in ₹ crore).
- Amount received as of September 30, 2026: Rs.70.39 crore, out of the total Rs.80.00 crore proposed to be raised.
- Price per warrant: ₹4.
- Total number of securities in the issue: 200000000 warrants.
- Issue period: 10-08-2026 to 30-09-2026.
- Value as per the offer document: 80.00 (₹ crore).
What a monitoring agency report means
- When a company raises money through a preferential issue, a monitoring agency is appointed to track whether the money is being used for the purpose it was raised for.
- This is the agency's quarterly check on that. No deviation from objects means the agency did not find the funds being applied to a purpose different from what was stated.
Why investors may note this
- The report ties the money raised to its stated use, and shows how much has come in against the planned amount: Rs.70.39 crore received against Rs.80.00 crore proposed.
- It is a periodic disclosure about the use of issue proceeds and does not, by itself, change the company's operations.
Points stated by the agency
- The report is based on the format prescribed under the SEBI (ICDR) Regulations, 2018 and on information provided by the issuer.
- The agency states it does not perform an audit and undertakes no independent verification of the information, certifications or statements it receives.
- The agency states it has no direct or indirect interest in or relationship with the issuer, its promoters, directors or management, and does not perceive any conflict of interest in monitoring the utilisation of the proceeds.
Also from Audroc
Board approves Q2 results; auditor gives qualified opinion on Rs. 7,41,13,473 write-off against director's deposit
3 Nov 2026
Board meeting on 3 November 2026 to consider and approve Q2 and half-year unaudited results
29 Oct 2026
Board approves allotment of 20,00,00,000 equity shares on conversion of Fully Convertible Equity Warrants
14 Oct 2026
More numbers
- Issue size (₹ crore)80.00
- Amount received out of the proposed preferential issueRs.70.39 Crore
- Amount received (as per issue details table)70.39
- Price per warrant (₹)4
- Total number of warrants in the issue200000000
- Value as per offer document (₹ crore)80.00
Source: BSE · 3 Nov 2026
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