MoneyWorks4Me

Shoppers Stop informs about monitoring agency report

22 May 2021 Evaluate

Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 82 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, Shoppers Stop has informed that it has enclosed the Monitoring Agency Report for the quarter ended March 31, 2021, issued by Axis Bank, Monitoring Agency, appointed to monitor the utilisation of proceeds of the Rights Issue of the Company. Further, that the Company has fully utilized the proceeds of the Right Issue by March 31, 2021 (as certified in the Monitoring Agency Report) and hence the Company would not be filing any further quarterly reports from the Monitoring Agency.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Avenue Supermarts 3687.90
Trent 2804.40
Vishal Mega Mart 101.50
Aditya Birla Life 83.43
PN Gadgil Jewellers 613.50
View more..