BSECompany Update6 Aug 2026 · 6 Aug 2026, 07:19 pm
Monitoring Agency Reports for quarter ended June 30, 2026
Le Travenues Technology Ltd · 544192
✦ AI SummaryResults
Le Travenues Technology Ltd has disclosed Monitoring Agency Reports for the quarter ended June 30, 2026, as reviewed by the Audit Committee. The reports, issued by ICRA Limited and CARE Ratings Limited, confirm that the company has utilized the IPO proceeds in accordance with the objects stated in the offer document.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10
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Le Travenues Technology Ltd - 544192 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
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August 06, 2026 LTTL/L&S/2026-27/08/07
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 Reports for the
quarter ended June 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 following Monitoring Agency
Reports for the quarter ended June 30, 2026, as reviewed by the Audit Committee at its
meeting held today i.e., Thursday, August 06, 2026:
1. Monitoring Agency Report issued by ICRA Limited for the funds raised through the
Initial Public Offer, marked as Annexure - A. The Company has completely utilised the
IPO proceeds in accordance with the objects stated in the offer document and,
accordingly, the report for the quarter ended June 30, 2026 is the final and last report on
utilisation of IPO proceeds; and
2. Monitoring Agency Report issued by CARE Ratings Limited for the funds raised through
the Preferential Issue, marked as Annexure - B.
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)
Le Trawnues Technology Limited I Regel. Office; Second Floor, Veritas Building. Sector-63.
Golf Course Road. Gurgaon-122 002. Haryana ( CIN:L63000HR2006PLC071540
ITel: I012 4·M6682111t I wwiw. hdgo.com I lnfo@lxlgo.com
t~--2)
ixigo apps • helping millions of traveller., everyday!
ICRA
June2026
Insights that empower
MONITORING AGENCYREPORT
Name of the Issuer:Le Travenues Technology Limited
For quarter ended: June30, 2026
Name of the Monitoring Agency (MA):ICRA Limited
(a) Deviation from the objects of the issue:
Nomaterial deviation -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 inany 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
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:
Parul Digitally signed
by Parul Goyal
Goyal
Narang
Date: 2026.08.06
Narang
14:08:52 +05'30'
Parul Goyal Narang
Vice President & Head-Process Excellence
Analyst:Arshi Naz
Quality Analyst:Dhwani Vinchhi
Sensitivity Label : Public
ICRA
June2026
Insights that empower
1. IssuerDetails
Name of the Issuer: Le Travenues Technology Limited
Name(s) of the promoters:
Promoters
Not Available
Source: BSE
Industry/ sector to which it belongs:Tour, Travel Related Services
2. Issue Details
Issue Period:Openingdate-June 10, 2024
Closingdate-June 12, 2024
Type of Issue:Initial Public Offer
Type of specified securities:Equity shares
IPO Grading, if any: No credit rating agency registered with SEBI has been appointed in respect ofobtaininggrading
for theoffer.
Issue Size (Rs. Crore):740.102
With OFS portion:INR 740.102 Crore
Excluding OFS portion:INR120.000 Crore
Net proceeds:INR 111.108 Crore (Excluding Issue Related Expenses)
Actual Net proceeds:INR 112.671 Crore*
*Revision in Net proceeds is on account of actual offer related expenditure being lower than estimated by INR 1.563 Crore
Note: ICRA monitoredINR 120.000 crore in Q1FY2027
Sensitivity Label : Public
ICRA
June2026
Insights that empower
3. Details of the arrangement made to ensure the monitoring of issue proceeds.
Source of information, Comments of
certifications considered by the Comments of the the Issuer's
Particulars Reply
Monitoring Agency for the Monitoring Agency Board of
preparation of report Directors
Revision in Net
proceeds is on
-Statutory AuditorCertificate
account of actual
-Confirmation from management
Whether all utilization is as per the offer related
Yes -Bank statement of the proceed
disclosures in the Offer Document? expenditure being
account/ corresponding bank
lower than
account statements
estimated by INR
1.563 Crore
Whether shareholder approval has
been obtained in case of material Not As confirmed by the Issuer's
No comments
deviations#from expenditures Applicable management
disclosed in the Offer Document?
Whether the means of finance for the
As confirmed by the Issuer's
disclosed objects of the issue has No No comments
management
changed?
Is there any major deviation observed
over the earlier monitoring agency No No deviation observed. No comments
reports?
Whether all Government/ statutory
approvals related to the object(s) As confirmed by the Issuer's No comments
Applicable
have been obtained? management
Whether all arrangements pertaining
to technical assistance/ collaboration As confirmed by the Issuer's No comments
Applicable
in operation? management
Are there any favorable events As understood from
improving the viability of these No As confirmed by the Issuer's the Issuer's
object(s)? management management
As understood from
Are there any unfavorable events
No As confirmed by the Issuer's the Issuer's
affecting the viability of the object(s)?
management management
Is there any other relevant As understood from
information that may materially affect No As confirmed by the Issuer's the Issuer's
the decision making of the investors? management management
#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
ICRA
June2026
Insights that empower
4. Details of the object(s) to be monitored.
(i) Cost of object(s)
Source of Comments of the Issuer's Board of
information, Directors
certifications Original
considered by cost (as per
Revised cost Comments of the Particulars of
S.N. Item Head the the o
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