Power Finance Corporation Limited — Others, 15-04-2025: Statement of utilization of issue proceeds

The company has provided details on the utilization of proceeds from its recent issue, indicating that 50 Cr will be allocated towards expanding its production capacity, while 30 Cr is earmarked for marketing initiatives to enhance brand visibility. The remaining 20 Cr will support working capital requirements. This strategic allocation could strengthen operational efficiencies and boost revenue generation. From an investor perspective, this constructive deployment of funds suggests a positive outlook on growth prospects, although stakeholders should monitor implementation closely for potential risks.