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Pondy Oxides and Chemicals Limited has submitted a report from CARE Ratings, detailing the utilization of proceeds from its recent preferential issue for the quarter ended December 31, 2024. This transparency showcases the company's commitment to effective fund management and compliance with SEBI regulations. The report's release may enhance investor confidence, signaling responsible governance and strategic financial planning. Overall, this development presents a positive outlook for the company's financial health and could positively influence shareholder sentiment as they monitor the deployment of capital.