Allied Blenders and Distillers Limited — Others, 06-02-2025: Monitoring Agency Report

Allied Blenders and Distillers Limited shared the Monitoring Agency Report from CRISIL Ratings for the quarter ending December 31, 2024, concerning the utilization of proceeds from its Initial Public Offer (IPO). The report confirms the full utilization of Rs 9,414.70 crore allotted for prepayment of borrowings and general corporate purposes, with no deviations noted. This demonstrates effective fund management and should reinforce investor confidence in the company's financial stewardship. Overall, it presents a positive outlook for shareholders, indicating robust compliance with the proposed use of proceeds from the IPO.