RBZ Jewellers Limited — Others, 13-05-2025: Monitoring Agency Report

RBZ Jewellers has announced a board meeting to consider the financial results for the quarter and half-year. Crisil Ratings confirmed full utilization of the IPO proceeds, with Rs 80.75 Cr deployed for working capital supporting wholesale and retail jewellery operations, and Rs 11.36 Cr used to repay long-term borrowings. There were no delays or deviations, and surplus funds from lower offer expenses were redirected to general corporate purposes. This efficient capital use supports the company’s growth and strengthens its balance sheet by reducing debt.