JSW Infrastructure Limited — Others, 30-04-2025: Monitoring Agency Report

JSW Infrastructure Limited has submitted a Monitoring Agency Report for the quarter ended March 31, 2025, prepared by CARE Ratings Limited, confirming proper allocation of funds raised through its recent IPO of ₹2,800 crore via 235,294,117 equity shares. The report states there have been no deviations in fund utilization; the company has repaid outstanding borrowings and invested in expansion and capital expenditure plans across subsidiaries. As of March 31, 2025, ₹1,890.04 crore has been utilized, with ₹836.09 crore remaining primarily in fixed deposits.