Zen Technologies Limited — Others, 04-11-2024: Monitoring Agency Report

Zen Technologies Limited submitted a Monitoring Agency Report for its Qualified Institutional Placement (QIP) for the quarter ended September 30, 2024. The report by CRISIL Ratings indicates that there are no deviations in the utilization of QIP proceeds, confirming all funds are being used as disclosed. The report also details unutilized funds amounting to ₹85,646.94 lakhs, primarily allocated for working capital and strategic initiatives, with no significant adverse conditions reported.