BSECompany Update3d ago · 11 Aug 2026, 03:57 pm
Submission of the Monitoring Agency Report for the Quarter Ended 30th June''2026
Interarch Building Solutions Ltd · 544232
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Interarch Building Solutions Ltd has submitted the Monitoring Agency Report for the quarter ended June 30, 2026, as required by SEBI regulations, detailing the utilization of IPO proceeds.
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Interarch Building Solutions Ltd - 544232 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
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Date: 11.08.2026
To, To,
National Stock Exchange of India Ltd., BSE Limited
Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers
Bandra Kurla Complex, Bandra (E), Dalal Street
Mumbai – 400051 Mumbai- 400001
NSE Scrip Symbol: INTERARCH BSE Scrip Code 544232
Subject: Submission of Report of Monitoring Agency Report for the quarter ended June 30, 2026
- in relation to the Initial Public Offer (“IPO”) of Interarch Building Solutions Limited (“the Company”)
Dear Sir/Madam,
Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we have attached herewith the Report of Monitoring Agency i.e. CRISIL Ratings
Limited for the quarter ended June 30, 2026.
You are requested to take note of the same.
Thanking You,
For Interarch Building Solutions Limited
(formerly known as Interarch Building Products Limited)
Arvind Nanda
Managing Director
DIN 00149426
Encl. As stated above
INTERARCH BUILDING SOLUTIONS LIMITED
(Formerly known as Interarch Building Products Limited)
Corporate Office : B-30, Sector 57, Noida - 201301, India.
Tel.: +91 120 4170200, CIN: L45201DL1983PLC017029
Registered Office: Farm No-8, Khasra No. 56/23/2, Dera Mandi Road, Mandi Village, Tehsil Mehrauli, New Delhi - 110047, India.
Monitoring Agency Report
Interarch Building Solutions Limited
(previously known as Interarch Building
Products Limited)
for the quarter ended
June 30, 2026
CRL/MAR/IABPPL/2026-27/1900
August 11, 2026
Interarch Building Solutions Limited
Farm No.-8, Khasara No. 56/23/2 Dera Mandi Road,
Mandi Village, Tehsil Mehrauli,
New Delhi, Delhi-110047
Dear Sir,
Monitoring Agency Report for the quarter ended June 30, 2026 - in relation to the Initial Public Offer (“IPO”)
of Interarch Building Solutions Limited (“the Company”)
Pursuant to Regulation 41(2) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI
ICDR Regulations”) and Monitoring Agency Agreement dated August 10, 2024, enclosed herewith the Monitoring
Agency Report, issued by Crisil Ratings Limited, Monitoring Agency, as per Schedule XI of the SEBI ICDR
Regulations towards utilization of proceeds of IPO 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: Interarch Building Solutions Limited
For quarter ended: June 30, 2026
Name of the Monitoring Agency: Crisil Ratings Limited
(a) Deviation from the objects: No deviation
(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: Interarch Building Solutions Limited
Names of the promoter: a. Mr Arvind Nanda
b. Mr Gautam Suri
Industry/sector to which it belongs: Capital Goods (PEB)
2) Issue Details
Issue Period: Monday, August 19, 2024, to Wednesday, August 21, 2024
Type of issue (public/rights): Initial Public Offer (IPO)
Type of specified securities: Equity Shares
IPO Grading, if any: NA
Issue size: Fresh issuance of Rs 2,000.00 million (Refer Note)
Note:
Particulars Amount (Rs in million)
Gross proceeds from the Fresh Issue 2,000.00*
Less: Issue Expenses 119.02 (Refer Note 7 on page number 9 of the
MA Report for revision)
Net Proceeds 1,880.98
*Crisil Ratings shall be monitoring the gross proceeds.
3) Details of the arrangement made to ensure the monitoring of issue proceeds:
Source of information/
Comments of
certifications Comments of
Particulars Reply considered by the Board of
Monitoring
Monitoring Agency for Directors
Agency
preparation of report
Peer-reviewed
Proceeds
independent chartered
utilized
accountant certificate^,
towards
Management
financing
Whether all utilization is as per undertaking,
capital
the disclosures in the Offer Yes Prospectus dated No comments
expenditure
Document? August 21, 2024
and IT assets.
(“hereinafter referred to
(Refer Note 1,
as Offer Document),
Note 2 and Note
Postal Ballot Notice,
Bank Statements
Source of information/
Comments of
certifications Comments of
Particulars Reply considered by the Board of
Monitoring
Monitoring Agency for Directors
Agency
preparation of report
Management
Whether shareholder approval
Undertaking, Peer-
has been obtained in case of (Refer Note 1,
reviewed independent
material deviations from Yes Note 2 and Note No comments
chartered accountant
expenditures disclosed in the 3)
certificate^, Postal
Offer Document?
Ballot Notice
Whether the means of finance for
the disclosed objects of the issue No No comments No comments
has changed?
Is there any major deviation
observed over the earlier No No comments No comments
monitoring agency reports?
Whether all
Government/statutory
NA No comments No comments
approvals related to the object(s)
have been obtained?
Peer-reviewed
Whether all arrangements
independent chartered
pertaining to technical
NA accountant certificate^, No comments No comments
assistance/collaboration are in
Management
operation?
Undertaking
Are there any favorable events
improving the viability of these No No comments No comments
object(s)?
Are there any unfavorable events
affecting the viability of the No No comments No comments
object(s)?
Is there any other relevant
information that may materially
No No comments No comments
affect the decision making of the
investors?
NA represents Not Applicable
^Certificate dated August 01, 2026, issued by M/s Vishal Maheshwari & Co., Peer-reviewed Independent Chartered
Accountant (Firm Registration Number: 007952C).
Note 1: During the quarter ended March 31, 2025, the shareholders of the Company vide special resolution dated February
22, 2025, have approved variation in the terms of the objects of the issue outlined in the Prospectus dated August 21, 2024.
Specifically, the Company has reallocated a portion of the proceeds, amounting to Rs 287.90
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