Manaksia Coated Metals & Industries Limited — Others, 08-08-2025: Monitoring Agency Report

Manaksia Coated Metals & Industries has received its Monitoring Agency Report for the preferential issue proceeds totaling Rs. 134.55 crore for the quarter ended June 30, 2025. The report confirms that there is no deviation in the utilization of these funds from the stated objects. The company has deployed Rs. 115.14 crore towards repayment of unsecured loans, working capital needs, general corporate purposes, and issue-related expenses. Approximately Rs. 19.41 crore remains unutilized. This update assures investors that funds raised are being used as planned.