ALPHA TRIBE

Dollex Agrotech LimitedOthers, 12-08-2025: Monitoring Agency Report

12-08-2025 | 09:43 am

Dollex Agrotech has submitted its Monitoring Agency Report for Q1 FY2025-26, confirming the utilization of funds from its recent Rights Issue. The report by Acuite Ratings & Research Limited states that the total INR 49.44 Crore raised has been used appropriately for the disclosed objects, with no deviations observed. This includes funds for working capital and installation for the Ethanol Plant, General Corporate Purposes, and issue expenses. A total of INR 38.95 Crore has been utilized, with INR 10.49 Crore remaining unutilized, held in bank accounts. This update provides clarity on the deployment of investor funds.

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