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Hindustan Foods Limited has disclosed the Monitoring Agency report for the quarter ending December 31, 2024, confirming the correct utilization of proceeds from the preferential issue of Rs. 399.99 crore. As of this quarter, the company received Rs. 295 crore and has utilized Rs. 167.96 crore for project objectives, while Rs. 127.04 crore remains in monitoring accounts and fixed deposits. These findings signify robust governance and adherence to investment strategies, likely enhancing investor confidence. The absence of deviations suggests a stable path for growth and operational effectiveness, which could positively influence market sentiment.