Jyoti Structures Limited — Others, 15-05-2025: Monitoring Agency Report

Jyoti Structures Limited has shared a Monitoring Agency Report on the use of Rs. 174.63 Cr raised via its Rights Issue. The funds have been deployed as planned, covering NCLT-approved resolution dues, operations, and general corporate needs. While most of the amount was used by March, some remains parked in fixed deposits and bank accounts earning moderate interest, with utilization allowed until September 2025. The share price has seen considerable volatility, dropping roughly 45% since the Rights Issue announcement, reflecting market uncertainty.