Safari Industries (India) Limited — Others, 08-11-2024: Monitoring Agency Report

Safari Industries (India) Ltd. shared a Monitoring Agency Report for the quarter ending September 30, 2024, from CRISIL Ratings. It confirms no deviations in the use of funds raised through a recent preferential issue, totaling ₹228.96 crores. The report details fund allocations for capital expenditure, working capital, and general corporate purposes, with a total of ₹145.52 crores utilized. Unused funds amount to ₹15.30 crores, invested in mutual funds and bank accounts. Full details are available on the company's website.