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JK Tyre & Industries Ltd has announced a monitoring agency report confirming that proceeds from its ₹500 Cr Qualified Institutions Placement were used as intended. The company allocated ₹42.5 Cr for capital expenditure, ₹25 Cr for working capital, and ₹116.6 Cr for general corporate purposes. Approximately ₹473 Cr remains unutilized and is parked in fixed deposits earning around 7.3-7.8% annually. Operations and funding remain on track, with completion expected by March 2026, supporting the company’s growth and financial discipline.