Choice International Limited — Others, 25-10-2024: Monitoring Agency Report

Choice International Limited reported no deviations in the utilization of proceeds from its preferential issue of share warrants for the quarter ended September 30, 2024. The Monitoring Agency, India Ratings, confirmed that funds were allocated as intended for investments in subsidiaries, credit facility repayments, and technology infrastructure. A total of ₹173.41 crores has been received, with ₹117.63 crores utilized. Unutilized funds are being held in a bank account for future use.