REC Limited — Others, 08-05-2025: Statement of utilization of issue proceeds

The company has provided a detailed statement on the utilization of funds raised through recent issuances. Allocations have been made to key business areas, including expansion projects, debt repayment, and working capital. This transparency helps stakeholders track how capital is being deployed to support operational growth and financial stability. Clear disclosure of fund utilization assures investors that raised capital is directed toward priorities that enhance the company’s long-term value and sustainability.