Sanathan Textiles Limited — Others, 08-08-2025: Monitoring Agency Report

Sanathan Textiles' IPO fund utilization report for the quarter ending June 30, 2025, confirms no deviation from its stated objectives. The company has diligently deployed a substantial portion of its INR 400 crore IPO proceeds. This includes fully repaying certain company borrowings totaling INR 160 crore and investing INR 140 crore in its subsidiary for similar debt reduction. Funds allocated for general corporate purposes, amounting to INR 70.952 crore, have also been fully utilized. A balance of INR 7.412 crore remains primarily for issue-related expenses, pending final invoices. This update assures shareholders on capital deployment efficiency.