Som Distilleries & Breweries Limited — Others, 14-11-2024: Monitoring Agency Report

Som Distilleries and Breweries Limited has shared its final Monitoring Agency report for Q2 FY2025, confirming that there are no material deviations in the utilization of funds raised through its recent preferential issue. The report indicates that out of the total INR 148.50 crore raised, INR 52.28 crore has been received so far, with expenditures aligned with the objects of the issue. This solid adherence to planned spending may foster a positive outlook among investors by assuring them of the company’s effective capital management and operational transparency, crucial for long-term growth.