NSEMonitoring Agency Report6d ago · 5 Nov 2026, 08:36 pm
Monitoring Agency Report
Symbiotec Pharmalab Limited · SYMBIOTEC
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Symbiotec Pharmalab Limited has submitted a Monitoring Agency Report for the quarter ended September 30, 2026, as per SEBI regulations, detailing the utilization of funds raised through its Initial Public Offer (IPO). The report indicates no deviation from the objects of the issue.
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Full Announcement
The Monitoring Agency Report issued by the CARE Edge Ratings, Monitoring Agency, appointed by the Company for the utilisation and application of funds raised through the Initial Public Offer (IPO) of the Company for the quarter year ended September 30, 2026
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SYMBIOTEC_05112026203622_Monitoring_Agency_Report_F.pdf
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November 05, 2026
To, To,
The Listing Department, The Listing Department
BSE Limited, National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Bandra Kurla Complex, Bandra (East),
Mumbai – 400001 Mumbai – 400051
Scrip code: 544889 Symbol: SYMBIOTEC
Sub.: Monitoring Agency Report issued by CARE Edge Ratings for the utilisation and
application of funds raised through the Initial Public Offer (IPO) of the Company for
the quarter ended September 30, 2026
Dear Sir / Madam,
Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with Regulation 41(4) of the SEBI (Issue of Capital and Disclosure
Requirements) Regulations, 2018, we have enclosed herewith the Monitoring Agency Report
issued by the CARE Edge Ratings, Monitoring Agency, appointed by the Company for the
utilisation and application of funds raised through the Initial Public Offer (IPO) of the Company
for the quarter ended September 30, 2026.
The above information is being uploaded on the website of the Company viz.
https://investor.symbiotec.com/announcements
Thanking You,
Sincerely,
for Symbiotec Pharmalab Limited
Salil Jain
Company Secretary and Compliance Officer
Membership No. A41610
Encl: As above
Registered Office & Works:
Symbiotec Pharmalab Limited
(Formerly known as Symbiotec Pharmalab Pvt. Ltd.)
385/2, Pigdamber, Rau, Mhow, Indore - 453331, Madhya Pradesh, India
Tel. No.: +91-731-6676405-406 Fax: +91-731-4201222,
Email ID : symbiotec@symbiotec.com, Website : www.symbiotec.com
CIN: U24232MP2002PLC015293
Monitoring Agency Report
No. CARE/ARO/GEN/2026-27/1210
The Board of Directors
Symbiotec Pharmalab Limited
385/2, Pigdamber, Rau,
Indore
Madhya Pradesh 453331
November 05, 2026
Monitoring Agency Report for the quarter ended Sept. 30, 2026 -in relation to the IPO of Symbiotec Pharmalab
We write in our capacity of Monitoring Agency for the IPO for the amount aggregating to Rs.150 crore of the Company
and refer to our duties cast under 41 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 Sept. 30, 2026 as per aforesaid
SEBI Regulations and Monitoring Agency Agreement dated August 06, 2026.
Request you to kindly take the same on records.
Thanking you,
Yours faithfully,
Dhruv Shah
Assistant Director
Dhruv.Shah@careedge.in
Report of the Monitoring Agency
Name of the issuer: Symbiotec Pharmalab Limited
For quarter ended: Sept. 30, 2026
Name of the Monitoring Agency: CARE Ratings Limited
(a)Deviation from the Objects: Nil
(b)Range of Deviation:Not applicable
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 intendedto 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 ofinterest 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
s Management / Audit Committee of the Board of Directors subsequent to 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 respons
Signature:
Name and designation of the Authorized Signatory: Dhruv Shah
Designation of Authorized Person/Signing Authority: Assistant Director
CaEdger e
RATINGS
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1 portoifco enr toauitns tanOdfifdneogrc ument 112.5N0oa tp plicabNliel None None None
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2 Genecroarlp opruartpeo seOsf fdeorc ument 29.5N3o atp plicabNliel None None None
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Total 150.00
Disclaimers to MA report:
a) This Report is prepared by CARE Ratings Ltd (hereinafter referred to as ). The MA
has taken utmost care to ensure accuracy and objectivity while developing this Report based on the information
provided by the Issuer and information obtained from sources believed by it to be accurate and reliable. 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.
b) This Report has to be seen in its entirety; the selective review of portions of the Report may lead to inaccurate
assessments. For the purpose of this Report, MA has relied upon the information provided by the management
/officials/ consultants of the Issuer and third-party sources like internal auditor which is peer reviewed audit
firm appointed by the Issuer believed by it to beaccurate and reliable.
c)Nothing contained in this Report is capable or 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 MA is
also not responsible for any errors in transmission and specifically states that it, or its directors, employees do
not have any financial liabilities whatsoever to the users of this Report.
d)The MA and its affiliates do not act as a fiduciary. The MA and its affiliates also do not act as an expert to the
extent defined under Section 2(38) of the Companies Act, 2013. While the MA has obtained information from
sources it believes to be reliable, it does not perform an audit and undertakes no independent verification of
any information/ certifications/ statements it receives from internal auditor which is peer reviewed audit firm,
lawyers, chartered engineers or other experts, and relies
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