JTL INDUSTRIES LIMITED — Others, 15-05-2025: Monitoring Agency Report

JTL Industries Limited has announced a board meeting to discuss the financial results for the quarter and half-year. The company reported no deviation in the utilization of Rs. 675 crore raised via preferential issue of fully convertible warrants, with Rs. 168.74 crore still unutilized, primarily earmarked for a mega project and capital expenditure. Working capital needs are largely met, and progress toward project completion by December 2025 remains on track. A Directorate of Enforcement search at the company’s premises in April 2025 may raise investor concerns.