BSECompany Update3h ago · 3 Aug 2026, 06:37 pm
Monitoring Agency Report for the quarter ended June 30, 2026.
Unimech Aerospace and Manufacturing Ltd · 544322
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Unimech Aerospace and Manufacturing Ltd has submitted a Monitoring Agency Report for the quarter ended June 30, 2026, as per SEBI regulations. The report covers the utilization of proceeds from the Initial Public Offering (IPO) and does not indicate any deviations from the objects of the issue.
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Unimech Aerospace and Manufacturing Ltd - 544322 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
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August 03, 2026
National Stock Exchange of India Ltd. BSE Limited
Symbol: UNIMECH Scrip Code: 544322
Sub: Monitoring Agency Report for the quarter ended June 30, 2026
Dear Sir/Ma’am,
Pursuant to Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, (SEBI Listing Regulations), please find the enclosed Monitoring Agency Report
for the quarter ended June 30, 2026, issued by Care Ratings Limited, the Monitoring Agency
appointed to monitor the utilization of proceeds of the funds raised through Initial Public
Offering.
The said report has been duly considered by the Audit Committee and the Board of Directors of
the Company in terms of the aforesaid provisions of SEBI Listing Regulations.
Please take the above information on record.
Yours Faithfully,
For Unimech Aerospace and Manufacturing Limited
Rashmi Gupta
Company Secretary & Compliance Officer
M. No: A25382
Encl: Annexure-A
Monitoring Agency Report
No. CARE/BRO/RR/2026-27/1004
The Board of Directors
Unimech Aerospace and Manufacturing Limited
538, 539, 542 & 543,
7th Main of Peenya IV Phase Industrial Area,
Yeshwanthpur Hobli,
Bangalore North Taluk - 560058,
Bangalore, Karnataka, India
August 03, 2026
Dear Sir,
Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Initial Public Offerings of
Equity Shares of Unimech Aerospace and Manufacturing Limited (“the Company”)
We write in our capacity of Monitoring Agency for the Fresh Issue of 31,84,713 for the amount aggregating to Rs. 250 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 June 30, 2026, as per aforesaid
SEBI Regulations and Monitoring Agency Agreement dated December 12, 2024.
Request you to kindly take the same on records.
Thanking you,
Yours faithfully,
Himanshu Jain
Associate Director
himanshu.jain@careedge.in
Report of the Monitoring Agency
Name of the issuer: Unimech Aerospace and Manufacturing Limited
For quarter ended: June 30, 2026
Name of the Monitoring Agency: CARE Ratings Limited
(a) Deviation from the objects: None.
(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 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 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 responsibility for such comments of the issuer’s Management/Board.
Signature:
Name and designation of the Authorized Signatory: Himanshu Jain
Designation of Authorized person/Signing Authority: Associate Director
1) Issuer Details:
Name of the issuer : Unimech Aerospace and Manufacturing Limited
Name of the promoter : Mr. Rajanikanth Balaraman, Mr. Mani Puttan, Mr. Ramakrishna Kamojhala, Mr. Puttan Anil Kumar, Mr. Venkatesh Shimoga Preetham.
Industry/sector to which it belongs : Aerospace and Defense
2) Issue Details
Issue Period : December 23, 2024, to December 26, 2024
Type of issue (public/rights) : Public Fresh Issue
Type of specified securities : Equity Shares
IPO Grading, if any : Not Applicable
Issue size (in crore) : Rs. 250 crore
3) Details of the arrangement made to ensure the monitoring of issue proceeds:
Comments of
Source of information / certifications
Comments of the the
Particulars Reply considered by Monitoring Agency for
Monitoring Agency Board of
preparation of report
Directors
A new object for utilization of IPO proceeds has been
introduced on November 17, 2025, covering Mergers &
Acquisitions (M&A), Greenfield Projects, and Joint Ventures.
Chartered Accountant certificate*,
Shareholders’ approval for this amendment was obtained
Management certificate, Bank statements,
through a postal ballot dated December 19, 2025.
Whether all utilization is as per the disclosures in the sample invoices
No No comments
Offer Document? Postal ballot notice dated November 17, 2025,
All the funds utilized in Q1FY27 are as per disclosure in the
Postal ballot outcome dated December 19,
offer document and postal ballot outcome dated December
2025
19, 2025. During the quarter, the proceeds have been utilized
for funding company’s working capital requirements and for
acquisition of a company- Hobel Bellows Private Limited.
An amount of ₹61.287 crore, originally earmarked for
expansion through purchase of machineries and equipment by
Chartered Accountant certificate*
the Company, investment in a material subsidiary for similar
Whether shareholder approval has been obtained in Management Certificate
capital expenditure, and repayment/prepayment of certain
case of material deviations# from expenditures Yes Postal ballot notice dated November 17, 2025, No comments
borrowings, has been reallocated to a newly introduced object
disclosed in the Offer Document? Postal ballot outcome dated December 19,
covering Mergers & Acquisitions (M&A), Greenfield Projects,
2025
and Joint Ventures, pursuant to shareholders’ approval via
postal ballot dated December 19, 2025.
Chartered Accountant certificate*
Whether the means of finance for the disclosed objects Management Certificate, Postal ballot notice
Applica Nil No comments
of the issue have changed? dated November 17, 2025, Postal ballot
outcome dated December 19, 2025
Comments of
Source of information / certifications
Comments of the the
Particulars Reply considered by Monitoring Agency for
Monitoring Agency Board of
preparation of report
Directors
Is there any major deviation observed over the earlier
No Monitoring agency report dated May 12, 2026. Nil No comments
monitoring agency reports?
Chartered Accountant certificate*
As mentioned in the prospectus, all approvals are in place for
Management Certificate
the purpose of undertaking business activities and operations
Whether all Government/statutory approvals related to Final Prospectus
of company and its subsidiary. No additional approvals are No comments
the object(s) have been obtained? Not Postal ballot notice dated November 17, 2025
required.
Applica Postal ballot outcome dated December 19,
ble 2025
Chartered Accountant certificate*
As mentioned in the
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