NSEMonitoring Agency Report3d ago · 4 Aug 2026, 05:42 pm
Monitoring Agency Report
Sansera Engineering Limited · SANSERA
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Sansera Engineering Limited has submitted a Monitoring Agency Report for Q1FY27, confirming that there is no deviation in the utilization of issue proceeds for funds raised through QIP.
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Copy of Monitoring Agency report for Q1FY27 is attached.
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SANSERA_04082026174231_monitoringagencyreportQ1FY27.pdf
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August 04, 2026
The National Stock Exchange of India Ltd The Department of Corporate Services
Exchange Plaza, C-1, Block G BSE Limited,
Bandra – Kurla Complex P.J. Towers, Dalal Street
Mumbai 400051 Mumbai 400001
Scrip Symbol: SANSERA Scrip Code: 543358
Dear Sir/ Madam
Sub: Monitoring Agency Report for the quarter ended June 30, 2026, pertaining to utilisation of
Issue proceeds for funds raised through QIP
Pursuant to applicable provisions of Regulation 32 of SEBI (LODR) Regulations 2015 including
amendments, please find attached copy of Monitoring Agency Report for the quarter ended June 30,
2026, issued by ICRA Limited (Monitoring Agency) pertaining to utilisation of Issue proceeds for the
funds raised through QIP.
The Monitoring Agency has confirmed in its report that there is no deviation in utilisation of proceeds of
funds raised through QIP as stated in the object of the Issue.
Kindly take the same on your record.
Thanking you,
for Sansera Engineering Limited
Rajesh Kumar Modi
Company Secretary and Compliance Officer
M.No. F5176
Encls: a/a
SANSERA ENGINEERING LIMITED
Reg Off: Plant 7, No. 143/A, Jigani Link Road, Bommasandra Industrial Area, Anekal, Bangalore-560 105, India,
Tel: +91 80-27839081/82/83. Fax: +91 80-27839309
E-mail id: info@sansera.in Website: www.sansera.in CIN: L34103KA1981PLC004542
June2026
MONITORING AGENCYREPORT
Name of the Issuer:Sansera Engineering Limited
For quarter ended: June30, 2026
Name of the Monitoring Agency(MA):ICRA Limited
(a) Deviation from the objects of the issue:
Nodeviation -The utilization of the issuance proceeds is in line with the objects of the issue.
(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 relatedanalyses. We confirm that
we do not perceive any conflict of interest in such relationship/ interest while monitoring and reporting the
utilization of the issue proceeds by the issuer. 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
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
Signature:
Parul Goyal Narang
Vice President & Head-Process Excellence
Analyst:Arshi Naz
Quality Analyst: Dhwani Vinchhi
Sensitivity Label : Public
June2026
1. IssuerDetails
Name of the Issuer: Sansera Engineering Limited
Name(s) of the promoters:
Promoters
Sekhar Vasan
Unni Kothenath Rajagopal
Fatheraj Singhvi
Devappa Devaraj
Source: BSE
Industry/ sector to which it belongs:Auto Components & Equipments
2. Issue Details
Issue Period:Openingdate-October 10, 2024
Closingdate October 15, 2024
Type of Issue:QIP Issue
Type of specified securities:Equityshares
IPO Grading, if any: Not Applicable
Issue Size (Rs. Crore):1,200.000
With OFS portion:Not applicable
Excluding OFS portion:Not applicable
Net proceeds: INR 1,174.979 Crore
Note:ICRA has monitoredGrossProceeds of INR 1,200.000 crore forQ1FY2027
Sensitivity Label : Public
June2026
3. Details of the arrangement made to ensure the monitoring of issue proceeds.
Source of information, Comments of
Comments of the
certifications considered by the
Particulars Reply Monitoring
Monitoring Agency for the Board of
Agency
preparation of report Directors
-Peer reviewed CAcertificate
-Confirmation from management
Whether all utilization is as per
-Bank statement of the escrow No deviation
the disclosures in the Offer Yes
account/Proceed observed
Document?
Account/Corresponding bank
account statement
Whether shareholder approval
has been obtained in case of
material deviations#from No comments
Applicable management
expenditures disclosed in the
Offer Document?
Whether the means of finance
for the disclosed objects of the No No comments
management
issue has changed?
Is there any major deviation
observed over the earlier No No deviationobserved. No comments
monitoring agency reports?
Whether all Government/
statutory approvals related to Not
No comments
the object(s) have been Applicable management
obtained?
Whether all arrangements
pertaining to technical Not
No comments
assistance/ collaboration are in Applicable management
operation?
Are there any favorable events As understood
improving the viability of these
Applicable management
object(s)? management
Are there any unfavorable As understood
events affecting the viability of
Applicable management
the object(s)? management
Is there any other relevant
As understood
information that may materially
affect the decision making of the management
management
investors?
#Where material deviation is defined to mean:
(a) Deviation in the objects or purposes for which the funds had been raised.
(b) Deviation in the amount of funds utilizedby more than 10% of the amount specified in the offer document.
Sensitivity Label : Public
June2026
4. Details of the object(s) to be monitored.
(i)Cost of object(s)
Source of
information, Directors
Original
certifications Comments
cost (as per Revised
considered by of the Particulars of
S.N. Item Head the offer cost Reason Proposed
the Monitoring Monitoring firm
document) [Rs. Crore] for cost financing
Agency for the Agency arrangements
[Rs. Crore] revision option
preparation of made
report
Repayment / pre-
payment, in full or in
part, of certain Placement Not No
1 700.000
outstanding Document Applicable comments
borrowings availed
by Company
Acquisition of land
for construction of a Placement Not No
2 100.000
new manufacturing Document Applicable comments
facility by Company
Capital expenditure
towards expansion
and development of Placement Not No
3 100.000
certain existing Document Applicable comments
manufacturing
facilities of Company
General corporate Placement Not No
4 274.979
purpose Document Applicable comments
Total 1,174.979
Sensitivity Label : Public
June2026
(ii) Progress in the object(s)
Comments of the
Amount as Amount utilized. Total
Source of information,
proposed [Rs. Crore] unutilized Comments of
certifications considered by the Directors
S.N. Item Head in the offer amount the Monitoring
Monitoring Agency for the As at the During At the Reasons Proposed
document. [Rs. Agency
preparation of report beginning of the end of the for idle course of
[Rs. Crore] Crore]
the quarter quarter quarter funds action
-Placement document
-Peer reviewed CA certificate
Issue Expenses -Bank Statement of the proceeds 25.021 25.021 25.021 Nil No Comments
account/ corresponding bank
account statements
Objects for utilization of Net Proceeds
Repayment / pre- -Placement document
payment, in full or in -Peer reviewed CA certificate
1 part, of certain -Bank Statement of the proceeds 700.000 700.000 700.000 Nil No Comments
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