Oriental Rail Infrastructure Ltd — Updates, 08-08-2025: Company Update
08-08-2025 | 04:57 pm
08-08-2025 | 04:57 pm
Oriental Rail Infrastructure's latest Monitoring Agency Report confirms no deviation in the utilization of its preferential allotment funds. Of the Rs. 212.20 crore issue, Rs. 186.85 crore has been received, with Rs. 142.75 crore already deployed for debt repayment and working capital. While Rs. 44.10 crore remains unutilized and placed in fixed deposits, there was a minor delay in deploying a portion of funds from a March 2024 tranche. The company expects to fully utilize the remaining amounts in the upcoming quarter, providing transparency on fund deployment for shareholders.
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