Pondy Oxides & Chemicals Limited — Others, 14-05-2025: Monitoring Agency Report

Pondy Oxides and Chemicals Limited has announced a monitoring agency report confirming that proceeds from its Rs. 132.50 crore preferential issue have been largely utilized as planned across fixed assets, working capital, and corporate purposes. The equity share portion of Rs. 50 crore is fully deployed, with around Rs. 0.74 crore of the warrant funds still unutilized. There were no delays or deviations in deployment, highlighting disciplined use of funds to support the company’s expansion and operational requirements.