Motisons Jewellers Limited — Others, 05-08-2025: Monitoring Agency Report
05-08-2025 | 03:41 pm
05-08-2025 | 03:41 pm
Motisons Jewellers has released its Monitoring Agency Report for the quarter ended June 30, 2025, concerning the utilization of proceeds from its Rs 170 Cr Preferential Issue. The report by CRISIL Ratings Limited confirms no deviation from the stated objects of the issue. Of the initially received Rs 42.50 Cr, Rs 0.11 Cr was used for issue expenses, Rs 13.00 Cr for loan repayment, and Rs 29.39 Cr for working capital. No amount was utilized for general corporate purposes this quarter. The remaining Rs 127.50 Cr from the issue will be received by April 2026. This update provides transparency on fund deployment for shareholders.
No comments yet. Be the first to comment!
