Gandhar Oil Refinery (India) Limited — Others, 10-02-2025: Monitoring Agency Report

Gandhar Oil Refinery (India) Ltd has shared the final Monitoring Agency report covering the utilization of IPO proceeds for the quarter and nine months ended December 31, 2024. This report, compiled by ICRA Limited, is now accessible on the company's website. While the report details the financial implications of the IPO, it does not verify the quality or appropriateness of expenditures. This transparency could enhance investor confidence, indicating a commitment to responsible financial management and oversight. Overall, it presents a positive outlook on the company’s governance practices.