Rashi Peripherals Limited — Others, 05-08-2025: Monitoring Agency Report

Rashi Peripherals' monitoring agency report confirms significant progress in its IPO fund utilization. Funds of Rs. 326 Crore for debt repayment and Rs. 220 Crore for working capital have been fully utilized, aligning with initial plans. For General Corporate Purposes, Rs. 5.52 Crore remains unutilized; the company extended this deployment timeline via a Board resolution until end of fiscal year 2026. Crucially, the monitoring agency found no deviation from the stated IPO objectives, ensuring transparency for investors on how their funds are deployed.