Oriental Rail Infrastructure Ltd — Updates, 08-08-2025: Company Update
08-08-2025 | 04:55 pm
08-08-2025 | 04:55 pm
Oriental Rail Infrastructure Limited has announced that there is no deviation or variation in the utilization of funds raised through its Preferential Issue. The company successfully raised ₹186.85 Crore on February 22, 2024. This statement, covering the quarter ended June 30, 2025, confirms that the capital is being utilized exactly as planned and disclosed to investors. Monitored by CARE Ratings Limited, this update provides clarity and assurance to shareholders regarding the company's financial discipline and the proper allocation of its recently raised capital.
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