Speciality Restaurants Limited has provided the Monitoring Agency Report for the quarter ended September 30, 2024, detailing the utilization of proceeds from its preferential issue of warrants convertible into equity shares. The total issue size was revised to ₹52.14 crore, with ₹2.19 crore received during the quarter from the conversion of warrants. Due to unexercised warrants, the board has approved the forfeiture of the related subscription amounts. This update signals a proactive management approach to fund utilization, fostering a positive outlook among investors while addressing key operational strategies.