NSEMonitoring Agency Report5d ago · 14 Aug 2026, 08:38 pm
Monitoring Agency Report
PTC Industries Limited · PTCIL
✦ AI SummaryResults
PTC Industries Limited has submitted a Monitoring Agency Report for Q1 FY2027, as per SEBI regulations, detailing the utilization of proceeds from a Qualified Institutional Placement (QIP) issue. The report indicates that the issuer has utilized the proceeds in line with the objects of the issue, with no deviations or concerns raised by the Monitoring Agency. The report is not intended to create any legally binding obligations and does not constitute an audit or independent verification of the information provided.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Monitoring Agency Report
Attachments (1)
📄pdf
Download →
PTCINDUSTRIES_14082026203812_Q1_FY27_Monitoring_Agency_Report.pdf
View document text
PTC INDUSTRIES LIMITED
Advanced Manufacturing & Technology Centre
NH 25A, Sarai Shahjadi, Lucknow 227 101
Uttar Pradesh, India
Date: August 14, 2026
To To
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G Department of Corporate Services - Listing
Bandra Kurla Complex, Phiroze Jeejeebhoy Towers,
Bandra (E), Mumbai-400051 Dalal Street, Mumbai – 400001
SYMBOL: PTCIL SCRIP CODE: 539006
Dear Sir and Ma’am,
Sub.: Disclosure under Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 - Monitoring Agency Reports.
Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 please find enclosed herewith Monitoring Agency Reports for the quarter ended on June 30, 2026.
Kindly take the above information on record.
Thanking you,
Yours Sincerely,
For PTC Industries Limited
Pragati Gupta Agrawal
Company Secretary and Compliance Officer
MNo.- 61754
CIN: L27109UP1963PLC002931
Tel: +91 522 7111017 | Fax: +91 522 2265302 | Email: info@ptcil.com | Website: www.ptcil.com
ICRA Limited
Date: August 14, 2026
Mr. Sachin Agarwal
Chairman & Managing Director
PTC Industries Limited
NH-25A Sarai Sahjadi,
Bani, Lucknow - 226 401,
Uttar Pradesh, India
Dear Sir,
Re: Final Monitoring Agency report of PTC Industries Limited for Q1 FY2027.
Please refer to agreement dated August 28, 2024, appointing ICRA Limited as the Monitoring Agency (MA) for
PTC Industries Limited’s QIP Issue.
After due consideration, ICRA has prepared the attached final Monitoring Agency report as per SEBI (Issue of
Capital and Disclosure Requirements) Regulations for Q1 FY2027.
Please note that the Monitoring Agency report does not constitute a commentary on the quality of the objects of
the issue, appropriateness or reasonableness of costs or spending by PTC Industries Limited against any objects /
heads or assurance on outcome of such spending.
We thank you for your kind cooperation extended during the course of Q1 FY2027. Should you require any
clarification, please do not hesitate to get in touch with us.
We look forward to your communication and assure you of our best services.
With kind regards
For ICRA Limited
Parul Goyal Narang
Vice President & Head- Process Excellence
Parul.goyal@icraindia.com
Sensitivity Label : Confidential
June 2026
MONITORING AGENCY REPORT
Name of the Issuer: PTC Industries Limited
For quarter ended: June 30, 2026.
Name of the Monitoring Agency: ICRA Limited
(a) Deviation from the objects of the issue:
No 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 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:
Parul Goyal Narang
Vice President & Head- Process Excellence
Analyst: Subhechha Banerjee
Quality Analyst: Parul Narang
Sensitivity Label : Confidential
June 2026
1. Issuer Details
Name of the Issuer: PTC Industries Limited
Name(s) of the promoters:
Promoters
Sachin Agarwal
Satish Chandra Agarwal Huf
Source: BSE
Industry/ sector to which it belongs:
- Manufacturing
2. Issue Details
Issue Period: Opening date- August 28, 2024
Closing date- September 02, 2024
Type of Issue: Qualified Institutional Placement (QIP)
Type of specified securities: Equity Shares.
IPO Grading, if any: Not Applicable
Issue Size (Rs. Crore): Issue Size: INR 699.9999 crores (5,30,315 equity shares @ Rs. 13199.70 each)
With OFS portion: Not Applicable.
Excluding OFS portion: Not Applicable
Net proceeds as per the Placement Document: INR 673.2558 Crore
Sensitivity Label : Confidential
June 2026
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 Monitoring the Issuer’s
Particulars Reply
Monitoring Agency for the Agency Board of
preparation of report Directors
- Peer review CA Certificate The issuer has utilized the
proceeds of INR 3.9399 Crore
Whether all utilization is as per -Confirmation from
as reimbursement for the loan
the disclosures in the Placement Yes management
repayments, which was
Document? -Bank Statement of the
funded earlier through
proceeds account
Internal Accruals in May 2024
Whether shareholder approval
has been obtained in case of
Not As confirmed by the Issuer’s
material deviations# from No comments
Applicable management
expenditures disclosed in the
Placement Document?
Whether the means of finance
As confirmed by the Issuer’s
for the disclosed objects of the No No comments
management
issue has changed?
Is there any major deviation
No deviation observed
observed over the earlier No No comments
monitoring agency reports?
Whether all Government/
statutory approvals related to Not As confirmed by the Issuer’s
No comments
the object(s) have been Applicable management
obtained?
Whether all arrangements
pertaining to technical Not As confirmed by the Issuer’s
No comments
assistance/ collaboration are in Applicable management
operation?
Are there any favorable events
As understood from the
improving the viability of these No As confirmed by the Issuer’s
Issuer’s management
object(s)? management
Are there any unfavorable
As understood from the
events affecting the viability of No As confirmed by the Issuer’s
Issuer’s management
the object(s)? management
Is there any other relevant
information that may materially As confirmed by the Issuer’s As understood from the
affect the decision making of the management Issuer’s 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 utilized by more than 10% of the amount specified in the Placement Document.
Sensitivity Label : Confidential
June 2026
4. Details of the object(s) to be monitored.
(i) Cost of object(s)
Source of Comments of the Issuer’s Board
information, of Directors
certifications Original cost
considered by (as per the Revised Comments of
. Reason Particulars
Item Head the P
[Showing first 8,000 characters — download PDF for full document]