Power Finance Corporation Limited — Others, 21-05-2025: Statement of utilization of issue proceeds

The company has provided a detailed update on the utilization of proceeds from its recent fundraise. The funds have been allocated toward specified business expansion plans, debt repayment, and general corporate purposes. This disclosure ensures transparency on capital deployment, highlighting the company’s commitment to strengthening its operational capacity and financial health. Shareholders can track how the raised capital is fueling growth initiatives and improving the balance sheet, supporting the firm’s long-term value creation.