Aditya Birla Real Estate Limited — Important, 21-01-2025: Updates

Aditya Birla Real Estate Limited has confirmed the full utilization of proceeds from its Non-Convertible Debentures (NCDs) issued through private placement. A total of ₹100 crore raised on October 11, 2024, has been allocated according to the objectives outlined in the Placement Memorandum, with no deviations reported. The company’s commitment to efficient fund utilization reinforces a positive outlook on its financial integrity and operational management. This transparency enhances investor confidence and indicates potential stability in future financial endeavors. No approvals are required for any variation in the utilization of these funds, and the audit committee has reviewed and endorsed the report for the quarter ended December 31, 2024.