Yatra Online Limited — Others, 11-02-2025: Monitoring Agency Report

Yatra Online Limited has submitted a Monitoring Agency Report from ICRA Limited regarding the utilization of proceeds from its Initial Public Offer for the quarter ended December 31, 2024. The report confirms that there are no deviations in the utilization of funds against the objectives outlined in the offer document, with total proceeds amounting to ₹570.097 crore. All funds raised are being used as intended, reflecting effective financial management. This alignment should enhance investor confidence, leading to a positive outlook for the company’s operational stability and growth strategies.