Allied Blenders and Distillers Limited — Others, 15-05-2025: Monitoring Agency Report

Allied Blenders and Distillers Limited has shared a monitoring agency report by Crisil Ratings confirming full and proper utilization of IPO proceeds totaling Rs 9414.7 million. The funds were mainly used to prepay borrowings of Rs 7200 million and for general corporate purposes of Rs 2214.7 million, with no unutilized balance remaining. There were no delays or deviations in applying the proceeds, indicating prudent use of the capital raised. This strengthens the company’s financial position and supports operational flexibility going forward.