Allied Blenders and Distillers Limited — Others, 08-11-2024: Monitoring Agency Report

Allied Blenders and Distillers Limited submitted a Monitoring Agency Report for the quarter ending September 30, 2024. The report, issued by CRISIL Ratings, confirms that there were no deviations from the IPO proceeds' utilization objectives. The total net proceeds of approximately ₹9,414.70 million have been fully utilized, primarily for loan repayments and general corporate purposes, with no idle funds reported. The monitoring agency verified all related information as reliable.