Awfis Space Solutions Limited — Others, 12-08-2025: Monitoring Agency Report

Awfis Space Solutions has released its Monitoring Agency Report for the recent quarter. The report confirms that the Rs. 128 crore raised from its IPO has been utilized in full accordance with the stated objectives in the offer document, showing no deviations. Funds were deployed for capital expenditure on new centers, working capital, and general corporate purposes, all now fully utilized. A residual amount of Rs. 1.59 crore from issue-related expenses remains, pending payment of final invoices. This update assures shareholders that IPO funds are being transparently and appropriately used for business expansion, with no delays in object implementation.