Rushil Decor Limited — Others, 14-05-2025: Monitoring Agency Report

Rushil Decor Limited has announced that Rs.78.31 Cr of the Rs.78.33 Cr proceeds from its preferential share warrant issue have been utilized mainly for a decorative laminates project at Mansa (land and machinery), MDF plant expansion, and corporate purposes like creditor payments. Projects are on track for completion by December 2025, with no delays or deviations observed. Remaining funds will be used as planned. The current share price remains below the warrant exercise price.