Dhani Services Limited — Others, 02-05-2025: Monitoring Agency Report

Dhani Services Limited has announced a board meeting reviewing the Monitoring Agency report, which confirmed proper utilization of Rs. 406.35 Cr raised via preferential convertible warrants. During the quarter, Rs. 70 Cr was used—Rs. 50 Cr to repay subsidiary debt and Rs. 20 Cr to support subsidiary growth. The remaining Rs. 31.59 Cr was invested in mutual funds. No funds were diverted to working capital or general corporate expenses. Audit and monitoring agencies confirmed compliance and found no issues with fund use, supporting transparency and focused capital deployment.