Data Patterns (India) Limited — Others, 15-05-2025: Monitoring Agency Report

Data Patterns (India) Limited has shared a Monitoring Agency report from ICRA Limited confirming that proceeds of INR 487.73 Cr raised through its QIP have been utilized as planned. Major allocations include INR 168 Cr for working capital, INR 167.24 Cr for product development (with INR 83.22 Cr spent and the remainder in liquid funds), INR 25 Cr for loan repayment, INR 15.23 Cr for EMI-EMC testing setup (INR 13.64 Cr used), INR 7.75 Cr for land acquisition, and INR 104.52 Cr for corporate purposes. No delays or deviations affecting project viability were noted.