ALPHA TRIBE

Grasim Industries LimitedOthers, 08-08-2025: Monitoring Agency Report

08-08-2025 | 04:24 pm

Grasim Industries has received the Monitoring Agency Report for its Rights Issue funds for the quarter ended June 30, 2025. The report confirms that there is no deviation or variation in the utilization of the Rs. 3,999.80 Cr raised. Major portions of the funds, Rs. 3,000 Cr, were used for debt repayment, and Rs. 969.96 Cr for general corporate purposes, including commercial paper repayment and salaries. Only Rs. 0.28 Cr remains unutilized. This positive update assures investors the company is deploying capital as planned.

No comments yet. Be the first to comment!

All announcements from Grasim Industries Limited