Barflex Polyfilms Limited — Others, 17-05-2025: Utilisation of Funds

Barflex Polyfilms raised ₹12.31 Cr via its public issue, allocating ₹10.80 Cr for new plant and machinery and ₹1.51 Cr for issue expenses. By March 31, 2025, ₹3.49 Cr has been spent on capacity expansion, while the entire ₹1.51 Cr for issue expenses is utilized. The remaining ₹7.31 Cr is held in fixed deposits. Fund utilization is on track with no changes or deviations reported, and the plant expansion project is progressing as planned.