Rashi Peripherals Limited — Others, 15-05-2025: Monitoring Agency Report
15-05-2025 | 05:34 pm
15-05-2025 | 05:34 pm
Rashi Peripherals Limited has shared a monitoring agency report confirming full utilization of Rs. 326 crore from its Rs. 600 crore IPO proceeds for debt prepayment and Rs. 220 crore for working capital as planned. Of the Rs. 8.14 crore allocated for general corporate purposes, Rs. 2.35 crore has been used, with Rs. 5.79 crore remaining unspent but permitted to carry over. No deviations or issues were noted, reflecting disciplined fund use and maintaining shareholder confidence.
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