ALPHA TRIBE

Shri Ahimsa Naturals LimitedOthers, 11-08-2025: Monitoring Agency Report

11-08-2025 | 05:03 pm

Shri Ahimsa Naturals has submitted its monitoring agency report on the utilization of Initial Public Offering (IPO) proceeds for the recent quarter. The report confirms no deviation in the use of funds. The company plans to invest Rs. 35.00 Cr in its subsidiary, Shri Ahimsa Healthcare, for a new manufacturing unit. During the quarter, no funds were utilized for this project. The entire unutilized amount of Rs. 35.00 Cr has been strategically placed in Fixed Deposits. Management stated these FDs, despite some maturing after the project's target completion, will be liquidated as needed to fund the unit.

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