Indegene Limited — Others, 29-10-2024: Monitoring Agency Report

Indegene Limited announced the completion of the Monitoring Agency Report for the quarter ending September 30, 2024, confirming the full utilization of funds raised through its IPO amounting to Rs. 760 crores. The report indicated no deviations from the intended use of proceeds and noted that all funds were allocated for repayment of debt, capital expenditures, and general corporate purposes. This report is the final update on the IPO proceeds utilization.