Speciality Restaurants Limited — Others, 14-05-2025: Monitoring Agency Report

Speciality Restaurants Limited has confirmed full utilization of Rs 52.14 Cr proceeds from its preferential issue of warrants, revised down due to forfeiture of unexercised warrants. Funds were primarily used for upgrading existing restaurants (Rs 11 Cr), developing new restaurants and commissaries (Rs 39.63 Cr), and some general corporate purposes (Rs 1.51 Cr). There were no delays or deviations in fund deployment. The company continues technical collaborations to support expansion, signaling confidence in growth prospects within India’s hospitality sector.