Aadhar Housing Finance Limited — Others, 06-11-2024: Monitoring Agency Report

ICRA Limited has released a Monitoring Agency report for Aadhar Housing Finance Limited for Q2 FY2025, confirming no deviations in the utilization of IPO proceeds, totaling ₹1,000 crore. All funds align with the initial offer document's objectives, covering future capital requirements and general corporate purposes. The report noted successful utilization of ₹736.29 crore out of ₹1,000 crore raised, with no outstanding issues affecting project viability.