Zen Technologies Limited (ZENTEC) — Announcement | 3 August 2026

· NSE Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
📢 Key Event
CRISIL submits QIP utilization report to NSE/BSE for Q1 FY2026
🔄 What Changed
Net proceeds increased by Rs 7.77 lakhs due to lower issue expenses
💡 Investor Takeaway
This confirms strict adherence to QIP utilization norms with no regulatory deviations.

Zen Technologies Limited received a Monitoring Agency Report from CRISIL Ratings Limited for the quarter ended June 30, 2026, confirming compliance with SEBI regulations regarding utilization of Qualified Institutional Placement proceeds. The report validates that all proceeds were used as per the offer document for working capital, inorganic growth, and general corporate purposes, with no deviations or delays noted. Net proceeds were revised upward by Rs 7.77 lakhs due to lower-than-expected issue expenses, reallocating funds to general corporate purposes. The company maintains full compliance with regulatory requirements and disclosure norms.

📄 View Original Announcement (PDF)

About Zen Technologies Limited (ZENTEC)

Capital Goods · Aerospace & Defense · Listed on NSE

Market Cap: ₹14,039.25 Cr P/E: 62.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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