ALPHA TRIBE

Avi Ansh Textile LimitedOthers, 28-05-2025: Utilisation of Funds

28-05-2025 | 05:47 pm

Avi Ansh Textile Limited has utilized ₹19.49 Cr from the ₹25.99 Cr raised via share issue. Key uses include ₹3.84 Cr for term loan repayment (with ₹0.11 Cr outstanding due to pre-closure charges, expected to be cleared soon), ₹13.73 Cr for working capital (₹6.39 Cr still unutilized), ₹0.55 Cr for general corporate purposes, and ₹1.37 Cr towards IPO expenses. The company is efficiently managing the remaining funds and aims to clear pending liabilities shortly.

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