Rex Pipes And Cables Industries Limited — Results, 11-07-2025: Reply to Clarification- Financial results

Rex Pipes and Cables Industries Limited has announced a board meeting on an upcoming date to consider the financial results for the quarter and half-year.

The company raised ₹6.24 Cr through a public issue. There has been no deviation or variation in the utilization of these funds. The original allocation was ₹4.5 Cr for incremental working capital, ₹1.44 Cr for general corporate purposes, and ₹0.3 Cr for issue expenses. As of the latest report, the full amounts allocated to each purpose remain unutilized, indicating no changes or reallocation of funds.

Audit and monitoring agencies have not reported any concerns regarding fund usage. This suggests disciplined capital management post-fundraising, which is positive for operational stability.