Moongipa Capital Finance Ltd — Updates, 29-05-2025: Company Update

Moongipa Capital Finance Ltd. has announced a statement confirming there is no deviation in the use of proceeds from its Rights Issue totaling ₹1,527.40 lakhs. Funds raised were primarily allocated to augment the capital base and support NBFC operations, with ₹991.50 lakhs utilized so far. Additionally, funds earmarked for general corporate purposes (₹47 lakhs) and issue-related expenses (₹30 lakhs) were partially used, with unutilized amounts planned for future use. Adjustments in estimated rights issue expenses have been made within the allocated fund categories. This reflects disciplined fund management aligned with stated objectives, supporting operational and strategic stability.