Delhivery Limited — Others, 01-08-2025: Monitoring Agency Report
01-08-2025 | 05:36 pm
01-08-2025 | 05:36 pm
Delhivery Limited has received its Monitoring Agency Report for the quarter ended June 30, 2025, regarding its Initial Public Offer (IPO) proceeds. The report confirms no deviation in the utilization of funds from the objects stated in the offer document. Funds earmarked for organic growth initiatives and general corporate purposes have been fully utilized. A total of Rs 908.88 Cr allocated for funding inorganic growth through acquisitions remains unutilized and is currently held in fixed deposits. This update provides clarity on the company's financial discipline and future growth strategy.
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