Ajmera Realty & Infra India Limited — Others, 04-02-2025: Monitoring Agency Report

Ajmera Realty & Infra India Limited has announced a board meeting to discuss the financial results for the quarter and half-year. The Monitoring Agency Report from CRISIL Ratings confirms that the utilization of proceeds from the Preferential Issue of ₹225 crore remains compliant with the disclosed objectives, specifically for debt repayment and project expenditures. Notably, there have been no deviations or issues reported with the funds’ usage. This positive outlook on fund management could enhance investor confidence in the company's operational integrity and financial health.