3i Infotech Submits Monitoring Agency Report for Q4FY26 Rights Issue Utilization Under Regulation 32
Published on: May 10, 2026, 3:39 a.m. | Source: scanx.trade
3i Infotech Limited submitted its Monitoring Agency Report for Q4FY26 (quarter ended March 31, 2026) covering the utilization of proceeds from its Rights Issue of Rs. 64.10 crore, prepared by Infomerics Valuation and Rating Limited. As of March 31, 2026, Rs. 55.85 crore had been utilized across working capital augmentation, general corporate purposes, and issue-related expenses, with Rs. 8.25 crore remaining unutilized. The Board approved deferment of the unutilized Rs. 8.25 crore to September 30, 2026, via a circular resolution dated April 30, 2026. The Monitoring Agency confirmed no deviations from the objects of the issue and noted that the overdraft facility availed during Q3FY26 was fully repaid and closed during Q4FY26.
