Sansera Engineering Limited — Others, 29-04-2025: Monitoring Agency Report

Sansera Engineering Limited has provided a Monitoring Agency Report for the quarter ended March 31, 2025, confirming that all proceeds from the QIP of ₹1,200 Cr have been utilized according to the stated objects, with no deviations noted. The net proceeds total ₹1,174.979 Cr, primarily directed toward repaying borrowings and acquiring land for a new manufacturing facility. While there are delays in some expenditures, the remaining funds are secured in fixed deposits and current accounts, ensuring transparency and accountability for investors regarding capital utilization.