Ajmera Realty & Infra India Limited — Others, 14-05-2025: Monitoring Agency Report

Ajmera Realty & Infra India Limited’s Monitoring Agency Report by CRISIL Ratings shows that out of Rs 225 Cr raised via Preferential Issue, Rs 100 Cr for part-repayment of debt remains unused, Rs 80.9 Cr of Rs 110 Cr for ongoing/new projects has been spent, and nearly Rs 14.5 Cr of Rs 15 Cr for general corporate purposes is utilized. The unutilized Rs 29 Cr is parked in liquid mutual funds and bank deposits. Fund utilization is on track with the intended objectives, indicating disciplined financial management.