BSECompany Update1d ago · 17 Oct 2026, 01:17 pm
Monitoring Agency Report for quarter ended September 30, 2026
Le Travenues Technology Ltd · 544192
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Le Travenues Technology Ltd has disclosed a Monitoring Agency Report for the quarter ended September 30, 2026, in relation to its Preferential Issue (PI) of Rs. 1295.56 crore. The report, issued by CARE Ratings Limited, provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue.
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Le Travenues Technology Ltd - 544192 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
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October 17, 2026 LTTL/L&S/2026-27/10/11
The Listing Department, The Listing Department,
National Stock Exchange of India Limited, BSE Limited,
Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Dalal Street,
Bandra (E), Mumbai - 400 051 Mumbai - 400 001
Maharashtra, India Maharashtra, India
Dear Sir/Madam,
Sub : Regulation 32 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 - Monitoring Agency Report for the
quarter ended September 30, 2026
Ref : Le Travenues Technology Limited (the “Company”)
NSE Symbol: IXIGO and BSE Scrip Code: 544192
In compliance with Regulation 32 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, please find enclosed the Monitoring Agency Report
issued by CARE Ratings Limited for the quarter ended September 30, 2026, as reviewed
by the Audit Committee, at its meeting held today i.e., Saturday, October 17, 2026.
This disclosure will also be available on the website of the Company at
https://investors.ixigo.com/.
This is for your information and records.
Thank you,
For Le Travenues Technology Limited
Suresh Kumar Bhutani
(Group General Counsel, Company Secretary & Compliance Officer)
CARE/NRO/GEN/2026-27/1132
The Board of Directors
Le Travenues Technology Limited October 16, 2026
Dear Sir/Ma’am,
Monitoring Agency Report for the quarter ended September 30, 2026- in relation to Preferential Issue (PI) of Le Travenues
Technology Limited (“the Company”)
We write in our capacity of Monitoring Agency for the Preferential Issue for the amount aggregating to Rs. 1295.56 crore of the
Company and refer to our duties cast under 162A of the Securities & Exchange Board of India (Issue of Capital & Disclosure
Requirements) Regulations.
In this connection, we are enclosing the Monitoring Agency Report for the quarter ended 30/09/2026 as per aforesaid SEBI Regulations
and Monitoring Agency Agreement dated November 06, 2025.
Request you to kindly take the same on records.
Thanking you,
Yours faithfully,
Sahil Goyal
Associate Director
Sahil.goyal@careedge.in
CARE Ratings Limited
9th floor, C-001/A2, Berger Towers, Sector 16B, Noida, 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off
Gautam Budh Nagar, Uttar Pradesh -201301 Eastern Express Highway, Sion (East), Mumbai - 400 022
Phone: +91-120-4452000 Phone: +91-22-6754 3456
Email: care@careedge.in • www.careedge.in
CIN-L67190MH1993PLC071691
Report of the Monitoring Agency
Name of the issuer: Le Travenues Technology Limited
For the quarter ended: 30/09/2026
Name of the Monitoring Agency: CARE Ratings Limited
(a) Deviation from the objects: Nil
(b) Range of Deviation: Nil
Declaration:
We declare that this report provides an objective view of the utilization of the issue proceeds in relation to the objects of the issue
based on the information provided by the Issuer and information obtained from sources believed by it to be accurate and reliable.
The MA does not perform an audit and undertakes no independent verification of any information/ certifications/ statements it
receives. This Report is not intended to create any legally binding obligations on the MA which accepts no responsibility, whatsoever
for loss or damage from the use of the said information. The views and opinions expressed herein do not constitute the opinion of
MA to deal in any security of the Issuer in any manner whatsoever. Nothing mentioned in this report is intended to or should be
construed as creating a fiduciary relationship between the MA and any issuer or between the agency and any user of this report. The
MA and its affiliates also do not act as an expert as defined under Section 2(38) of the Companies Act, 2013.
The MA or its affiliates may have credit rating or other commercial transactions with the entity to which the report pertains and may
receive separate compensation for its ratings and certain credit-related analyses. We confirm that there is no conflict of interest in
such relationship/interest while monitoring and reporting the utilization of the issue proceeds by the issuer, or while undertaking
credit rating or other commercial transactions with the entity.
We have submitted the report herewith in line with the format prescribed by SEBI, capturing our comments where applicable. There
are certain sections of the report under the title “Comments of the Board of Directors”, that shall be captured by the Issuer’s
Management / Audit Committee of the Board of Directors after the MA submitting their report to the issuer and before dissemination
of the report through stock exchanges. These sections have not been reviewed by the MA, and the MA takes no responsibility for such
comments of the issuer’s Management/Board.
Signature:
Name and designation of the Authorized Signatory: Sahil Goyal
Designation of Authorized person/Signing Authority: Associate Director
CARE Ratings Limited
9th floor, C-001/A2, Berger Towers, Sector 16B, Noida, 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off
Gautam Budh Nagar, Uttar Pradesh -201301 Eastern Express Highway, Sion (East), Mumbai - 400 022
Phone: +91-120-4452000 Phone: +91-22-6754 3456
Email: care@careedge.in • www.careedge.in
CIN-L67190MH1993PLC071691
1) Issuer Details:
Name of the issuer : Le Travenues Technology Limited
Name of the promoter : The Company does not have an identifiable promoter
Industry/sector to which it belongs : Travel Industry
2) Issue Details
Issue Period : November 12, 2025 (Date of Allotment)
Type of issue (public/rights) : Preferential issue of Shares
Type of specified securities : Preferential issue of equity shares
IPO Grading, if any : Not applicable
Issue size (in crore) : Rs. 1,295.56 crore
3) Details of the arrangement made to ensure the monitoring of issue proceeds:
Comments of
Source of information / certifications considered by Comments of the the
Particulars Reply
Monitoring Agency for preparation of report Monitoring Agency Board of
Directors
Chartered Accountant certificate*, Management Utilization
Whether all utilization is as per the disclosures in the Offer Document? Yes Refer Note-1 below No comments
certificate, Bank Statement, Board Resolution, Offer Document
Whether shareholder approval has been obtained in case of material Not
NA NA No comments
deviations# from expenditures disclosed in the Offer Document? required
Whether the means of finance for the disclosed objects of the issue have Management Utilization certificate, Chartered Accountant
No NIL No comments
changed? certificate*, Offer Document
Is there any major deviation observed over the earlier monitoring agency No deviations over the earlier
No Monitoring Agency Report No comments
reports? monitoring agency report
Whether all Government/statutory approvals related to the object(s)
Yes Management Utilization certificate NIL No comments
have been obtained?
Whether all arrangements pertaining to technical
NA Management Utilization certificate NIL No comments
assistance/collaboration are in operation?
Are there any favorable/unfavorable events affecting the viability of
No Management Utilization certificate NIL No comments
these object(s)?
CARE Ratings Limited
9th floor, C-001/A2, Berger Towers, Sector 16B, Noida, 4th Floor, Godrej Coliseum, Somaiya Hospital Road, Off
Gautam Budh Nagar, Uttar Pradesh -201301 Eastern Express Highway, Sion (East), Mumbai - 400 022
Phone: +91-120-4452000 Phone: +91-22-6754 3456
Email: care@careedge.in • www.careedge.in
CIN-L67190MH1993PLC071691
Comments of
Source of information / certifications considered by Comments of the the
Particulars Reply
Monitoring Agency for preparation of report Monitoring Agency Board of
Directors
Is there any other relevant information that may materially affect the Management Utilization certificate, Chartered Accountant
No Refer Note-2 below No comments
decision making of the investors? certificate*
NA: Not applicable
* CA Certificate from S.R. Batliboi & Associates LLP dated October 14, 2026
Note-1:
During Q2FY27, the
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