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Kiri Industries Limited has provided a Monitoring Agency Report for the quarter ended on December 31, 2024, concerning the utilization of proceeds from a preferential issue that raised ₹492.02 crore. The report, issued by CRISIL Ratings, indicates that funds have been appropriately deployed for objectives such as debt repayment and working capital. Notably, ₹312.91 crore has been utilized, leaving ₹179.11 crore still available. This update may bolster investor confidence in the company's financial management and operational strategies, presenting a positive outlook on its capital efficiency and long-term growth potential.