SRM Contractors Limited — Results, 11-02-2025: Integrated Filing- Financial
11-02-2025 | 07:22 pm
11-02-2025 | 07:22 pm
SRM Contractors Limited has provided the Integrated Financial Filing for the quarter and nine months ended December 31, 2024, confirming the successful use of funds raised through a public issue amounting to ₹130.2 crore. Importantly, there has been no deviation in the utilization of these funds, as confirmed by the monitoring agency, CARE Ratings Limited. The funds have been allocated for approved purposes such as capital expenditures, debt repayments, and working capital requirements. This efficient financial management suggests a stable operational outlook, potentially fostering positive investor sentiment. Shareholders can remain assured of transparency and adherence to planned objectives.
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