Pelatro Limited — Others, 06-02-2025: Monitoring Agency Report

Pelatro Limited's Monitoring Agency Report for the quarter ending December 31, 2024, confirms the proper deployment of ₹55.98 crore raised during its IPO, with no deviations from the stated objectives. As of this quarter, substantial funds have been allocated towards working capital needs, investment in a subsidiary, and general corporate purposes. The company’s compliance with its financing strategy reflects a disciplined approach, positively indicating financial health. Investors may view this aligned utilization as reinforcing a stable outlook, highlighting effective capital management amid growth initiatives.