Jayant Infratech Ltd — Updates, 16-05-2025: Company Update

Jayant Infratech Limited has confirmed that the funds raised through the preferential issue by conversion of warrants amounting to Rs. 3.81 Crore were fully utilized as intended, with no deviation or variation in their use. The proceeds were primarily deployed for working capital requirements and business expansion. The utilization aligns with the original objectives approved by the Board and has been reviewed and approved by the Audit Committee. This clarity on fund deployment reassures shareholders about disciplined capital management.