Mrs. Bectors Food Specialities Limited — Others, 22-05-2025: Monitoring Agency Report

Mrs. Bectors Food Specialities Limited has announced a monitoring agency report confirming that proceeds from its ₹400 Cr QIP have been used as planned. Out of ₹388.06 Cr net proceeds, ₹155 Cr repaid borrowings, ₹130 Cr funded Khopoli expansion via Bakebest Foods, ₹20 Cr advanced a Madhya Pradesh project, and ₹83.06 Cr was allocated for general corporate purposes. Around ₹127 Cr remains invested in fixed deposits yielding 5.25%–7.9%. Project timelines are on track, supporting the company’s growth and financial stability.