PDS Limited — Others, 29-01-2025: Monitoring Agency Report

PDS Limited's Monitoring Agency Report for the quarter ended December 31, 2024, confirms that the company has effectively utilized ₹41,056.96 cr raised through its Qualified Institutional Placement, with no deviations reported. The major expenditure includes ₹19,436 cr for repaying borrowings, while ₹13,105.96 cr is allocated for future acquisitions and corporate purposes. The absence of any deviations and successful monitoring by CRISIL Ratings Limited may positively influence investor sentiment, suggesting a stable financial strategy and operational integrity for PDS Limited.