Ganesh Green Bharat Limited — Others, 31-07-2025: Monitoring Agency Report

Ganesh Green Bharat's monitoring report on its Rs. 125.23 Cr IPO proceeds confirms full utilization for the quarter ended June 30. There are no deviations from the stated objectives. While some capital expenditure, general corporate purposes, and issue expenses were slightly delayed, they are now fully deployed after board approval for extension. Funds were routed via cash credit accounts, with the agency relying on management declarations for confirmation. This update signifies all IPO funds are now entirely used as planned, providing clarity for investors.