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JSW Infrastructure LimitedOthers, 22-07-2025: Monitoring Agency Report

22-07-2025 | 06:02 pm

JSW Infrastructure's monitoring agency report for the quarter ending June 30, 2025, confirms no deviation in the use of its Rs. 2,800 crore IPO proceeds from the stated objectives. The company has utilized Rs. 1,905.00 crore, including full repayment of subsidiary borrowings and funds for general corporate purposes, with Rs. 821.13 crore remaining unutilized, primarily held in fixed deposits. Some capital expenditure projects at Jaigarh and Mangalore Ports are ongoing with minor delays attributed to operational factors like heavy rains and material delivery, which are not expected to materially impact the company's credit profile. This update reassures shareholders on fund deployment transparency.

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