- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Gabriel Pet Straps Limited has confirmed no deviation in the use of funds raised through its public issue and preferential issue for the half year and financial year ended March 31, 2025. The company raised Rs. 8.06 Cr via public issue and Rs. 40.26 Cr through preferential issue, utilizing the amounts as intended. Funds from the public issue were allocated mainly towards repayment of borrowings, land acquisition, capital expenditure for a solar power plant (yet to commence), and general corporate purposes. The preferential issue funds fully supported working capital and general corporate needs. This disciplined fund utilization supports operational stability and planned expansions.