Data Patterns (India) Limited — Others, 14-02-2025: Monitoring Agency Report

Data Patterns (India) Limited has submitted its Monitoring Agency Report for the quarter ended December 31, 2024, prepared by ICRA Limited. The report confirms that there were no deviations in the utilization of funds from its Qualified Institutional Placement (QIP) of ₹500.00 crore, and all proceeds were aligned with the disclosed objectives. The company utilized ₹364.56 crore of the proceeds, maintaining a positive outlook on operational viability.

From an investor perspective, this transparency could bolster confidence in the company's financial governance, highlighting effective management of capital allocation without any material discrepancies.