Roopshri Resorts Ltd — Updates, 20-05-2025: Company Update

Roopshri Resorts Limited has announced a statement confirming no deviation in the use of funds raised through preferential issues totaling Rs. 7.26 Cr in October 2022 and March 2024. These funds are allocated for business development of Hotel Alexander in Matheran, Karjat, Raigarh. As of March 31, 2025, Rs. 0.01 Cr has been utilized while the remainder is held in a fixed deposit with a scheduled commercial bank. This reflects disciplined fund management aligned with the company’s intended growth plans.