BSECompany Update5d ago · 10 Aug 2026, 11:06 am
Monitoring Agency Report for the quarter ended June 30, 2026.
Trejhara Solutions Ltd · 542233
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Trejhara Solutions Ltd has received a Monitoring Agency Report for the quarter ended June 30, 2026, from CRISIL Ratings Limited, as per SEBI regulations. The report covers the utilization of proceeds of the Preferential Issue.
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Trejhara Solutions Ltd - 542233 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
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August 10, 2026
To, To,
BSE Limited National Stock Exchange of India Ltd,
PJ. Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex,
Mumbai-400001 Bandra (East), Mumbai -400051
Script Code: 542233 Symbol: TREJHARA
Sub: Monitoring Agency Report for the quarter ended June 30, 2026
Dear Sir/Madam,
Pursuant to Regulation 32(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015, read with Regulation 162A of the Securities and Exchange Board of India (Issue
of Capital and Disclosure Requirements) Regulations, 2018, please find enclosed herewith Monitoring Agency
Report in relation to utilization of proceeds of Preferential Issue for the quarter ended June 30, 2026, issued by
CRISIL Ratings Limited, duly reviewed and taken on record by the Audit Committee & the Board of Directors of
the Company in their meeting held on August 04, 2026.
The said Monitoring Agency Report shall also be available on the Company’s website at www.trejhara.com.
We request you to take the same on record.
Thanking You,
Yours faithfully,
For Trejhara Solutions Limited
Shardul Inamdar
Company Secretary
Trejhara Solutions Limited Unit No. 601, Sigma IT Park, Plot No. R- Phone +91 22 4040 8080 investor@trejhara.com
203, R-204 T.T.C. Industrial Estate, Fax +91 22 4040 8081 www.trejhara.com
Rabale,Navi Mumbai - 400701.MH-
CIN: L72900MH2017PLC292340
INDIA.
Monitoring Agency Report
Trejhara Solutions Limited
for the quarter ended
June 30, 2026
CRL/MAR/ TRRASL/2026-27/1905
August 7, 2026
Trejhara Solutions Limited,
Unit No. 601, Sigma IT Park,
Plot No. R-203, R-204 T.T.C. Industrial Estate, Rabale,
Navi Mumbai-400701, Maharashtra, India
Dear Sir/Ma’am,
Sub: Monitoring Agency Report for the quarter ended June 30, 2026– in relation to the Preferential Issue of
Trejhara Solutions Limited (“the Company”)
Pursuant to Regulation 162A of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI
ICDR Regulations”) and Monitoring Agency Agreement dated November 4, 2025, entered with the Company, we
enclose the Monitoring Agency Report, issued by Crisil Ratings Limited, as per Schedule XI of the SEBI ICDR
Regulations towards utilization of proceeds of Preferential Issue for the quarter ended June 30, 2026.
Request you to kindly take the same on records.
Thanking you,
For and on behalf of Crisil Ratings Limited
Shounak Chakravarty
Director, Ratings (LCG)
Report of the Monitoring Agency (MA)
Name of the issuer: Trejhara Solutions Limited
For quarter ended: June 30, 2026
Name of the Monitoring Agency: Crisil Ratings Limited
(a) Deviation from the objects: Not applicable
(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 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:
Name and designation of the Authorized Signatory: Shounak Chakravarty
Designation of Authorized person/Signing Authority: Director, Ratings (LCG)
1) Issuer Details:
Name of the issuer: Trejhara Solutions Limited
Names of the promoter: a. Amit Sheth
b. Paresh Chandulal Zaveri
Industry/sector to which it belongs: Computers - Software & Consulting
2) Issue Details
Issue Period: Tuesday, January 27, 2026, to February 10, 2026
Type of issue: Preferential Issue
Type of specified securities: Equity Shares & Convertible Warrants
IPO Grading, if any: NA
Issue size: Rs 162.17 crore*
[Preferential Issue size comprises of equity shares of Rs 13.20
crore and issue of convertible warrants of Rs 148.97 crore. Total
issue proceeds amounting to Rs 162.17 crore.]
*Crisil Ratings shall be monitoring the total issue proceeds raised through preferential issue of equity shares & convertible
warrants pursuant to notice of EGM dated November 10, 2025 & corrigendum thereto dated November 25, 2025.
3) Details of the arrangement made to ensure the monitoring of issue proceeds:
Source of information
/ certifications Comments of the Comments of
Particulars Reply considered by Monitoring the Board of
Monitoring Agency for Agency Directors
preparation of report
Bank Statement,
Notice of EGM dated
November 10, 2025 & The company has
corrigendum thereto not utilised any
Whether all utilization is as per
dated November 25, amount as at
the disclosures in the offer Yes No comments
2025, Management quarter ended
document?
Undertaking, June 30, 2026
Peer Reviewed
Independent Chartered
Accountant Certificate^
Source of information
/ certifications Comments of the Comments of
Particulars Reply considered by Monitoring the Board of
Monitoring Agency for Agency Directors
preparation of report
Whether shareholder approval
has been obtained in case of
material deviations# from NA No Comment No comments
expenditures disclosed in the
offer document?
Whether the means of Finance for
the disclosed objects of the issue No No Comment No comments
has changed?
Is there any major deviation
observed over the earlier No No Comment No comments
monitoring agency reports?
Whether all
Government/statutory approvals Management
NA No Comment No comments
related to the object(s) have been Undertaking,
obtained? Peer Reviewed
Independent Chartered
Whether all arrangements
Accountant Certificate^
pertaining to technical
NA No Comment No comments
assistance/collaboration are in
operation?
Are there any favourable events
improving the viability of these No No Comment No comments
object(s)?
Are there any unfavourable
Refer
events affecting the viability of No No comments
Note 1
these object(s)?
Is there any other relevant
information that may materially Refer
No No comments
affect the decision making of the Note 1
investors?
# Where material deviation may be defined to mean: -
(a) Deviation in the objects or purposes for which the funds have been raised.
(b) Deviation in the amount of funds actually utilized by more than 10% of the amount projected in the offer
documents.
NA represents Not Applicable
^Certificate dated July 8th, 2026, issued by M/s Bansi Khandelwal and Company, Chartered Accountants (Firm Registration
Number: 145850W), Peer Reviewed Independent Chartered Accountant.
Note 1: The Comp
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