Vishnu Prakash R Punglia Limited — Others, 09-11-2024: Monitoring Agency Report

Vishnu Prakash R Punglia Limited has disclosed a Monitoring Agency Report from CRISIL Ratings for the quarter ending September 30, 2024. The report indicates a deviation in the utilization of IPO proceeds, which was approved by shareholders for new equipment purchases and loan repayments. Overall, the company has effectively utilized the proceeds for capital expenditures and working capital, with detailed allocations outlined in the report.