Jupiter Wagons Limited — Others, 12-08-2025: Monitoring Agency Report

Jupiter Wagons has released monitoring reports on its Qualified Institutional Placements (QIPs) and Preferential Warrants. For the Rs. 403.41 Cr QIP, Rs. 43.64 Cr remains unutilized for capacity enhancement, currently invested in mutual funds. The Rs. 135 Cr preferential warrant issue has utilized Rs. 33.75 Cr for subsidiary investment, but future funding faces a risk if low share price causes warrants to lapse. From the Rs. 800 Cr QIP, Rs. 226.18 Cr is unutilized, allocated for a railwheel plant and general corporate uses. These unspent funds are held in fixed deposits and mutual funds.