Aditya Birla Fashion and Retail Limited — Others, 07-11-2024: Monitoring Agency Report

Aditya Birla Fashion and Retail Limited has released a Monitoring Agency Report for the quarter ending September 30, 2024, prepared by Axis Bank. The report confirms no deviations in the utilization of funds from the Rights Issue, amounting to Rs. 987.50 crores utilized out of Rs. 992.70 crores received. All expenditures align with the stated objectives, and necessary approvals have been obtained. The remaining balance of Rs. 0.08 crores is held in the monitoring account.