BSECompany Update5d ago · 26 Oct 2026, 05:07 pm
The Company has informed the exchange about the Monitoring Agency Report for the Quarter ended September 30, 2026 as issued by Monitoring Agency, Acuite Ratings and Research Limited.
GHV Infra Projects Ltd · 505504
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GHV Infra Projects Ltd has informed the exchange about the Monitoring Agency Report for the quarter ended September 30, 2026, as issued by Acuite Ratings and Research Limited, regarding the utilisation of proceeds raised through Preferential Issue of Convertible Warrants.
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GHV Infra Projects Ltd - 505504 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
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Date: October 26, 2026
Department of Corporate Services
BSE Limited
P. J. Towers, Dalal Street,
Fort, Mumbai – 400001
Company Scrip ID: GHVINFRA
Company Scrip Code: 505504
Subject: Monitoring Agency Report under Regulation 32(6) of Securities and Exchange Board of
India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended from time to time (“Listing Regulations”),
We are enclosing herewith the Monitoring Agency Report for the quarter ended September 30, 2026
as issued by Monitoring Agency, Acuité Ratings and Research Limited in respect of utilisation of
proceeds raised through Preferential Issue of Convertible Warrants.
The aforesaid information is also being made available on the website of the Company at
www.ghvinfra.com
This is for your information and records.
Thanking You,
Yours sincerely,
For GHV Infra Projects Limited
(Formerly known as Sindu Valley Technologies Limited)
Daksh Tulsibhai Mewada
Company Secretary & Compliance Officer
Registered Office: A-511, 5th Floor, Kanakia Wall Street, Andheri Kurla Road, Andheri (East), Chakala
MIDC, Mumbai – 400093.Tel: +91 22 6941 1500, Email: info@ghvinfra.com Web: www.ghvinfra.com
CIN No.: L43900MH1976PLC457495
GHV Infra Projects Limited
Civil Construction/Construction
Convertible Warrants
proceeds
Government / Statutory approval is not required for
the objects.
No favorable event is observed that may improve
the viability of these objects.
No unfavorable event affecting the viability of the
stated objectswas noted during the reporting
period.
Completion date Delay Comments of Audit Committee
As per the offer document Actual Reason for delay Proposed course of action
During the quarter, 16,66,667 warrants were
exercised and the Company received Rs. 50
5.57 crores towards balance consideration
money payable on the said warrants.
The company has utilized the funds towards
General Corporate Purposes, including No additional warrant subscriptions were
payment of direct taxes, office and received during the second quarter of FY
1.12 administrative expenses, and repayment of 2026 27.
vehicle loan EMIs pertaining to a company-
owned vehicle used for official business
purposes. The entire amount of Rs. 50 crores have
been fully utilised towards the stated objects
0.01 during the reporting period including Rs. 6.70
Crores towards General Corporate Purpose.
Acuité is a full-service Credit Rating Agency registered with the Securities & Exchange Board of India (SEBI). The company received RBI Accreditation as an External
Credit Assessment Institution (ECAI) for Bank Loan Ratings under BASEL-II norms in the year2012. Acuité has assigned ratings to various securities, debt instruments
and bank facilities of entities spread across the country and across a wide cross section of industries. It has its Registered and Head Office in Kanjurmarg, Mumbai.