Ganesha Ecosphere Limited — Others, 11-02-2025: Monitoring Agency Report

Ganesha Ecosphere Limited has submitted the Monitoring Agency Reports for the quarter ended December 31, 2024, confirming that there has been no deviation in the utilization of proceeds from recent issues, including Fully Convertible Equity Warrants through a Preferential Issue and Equity Shares via a Qualified Institutional Placement (QIP). The report from ICRA verified that the funds raised are fully aligned with the stated objectives. This assures investors of proper fund management, likely fostering a positive outlook. The timely integration of these funds into operational goals could enhance the company's growth trajectory and profitability moving forward.