Pelatro Limited — Others, 05-11-2024: Monitoring Agency Report

Pelatro Limited has submitted its Monitoring Agency Report for the quarter ending September 30, 2024, confirming there were no deviations in the utilization of proceeds from its recent IPO of Rs. 55.98 crores. The report shows that funds were primarily allocated for issue expenses, with zero utilization towards capital expenditures, investments, or working capital during this period. Unutilized funds remain securely invested in bank accounts. Further details are available on the company’s website.