Fineotex Chemical Limited — Others, 12-08-2025: Monitoring Agency Report

Fineotex Chemical Ltd. has released its Monitoring Agency Report for Q1 FY2026, issued by ICRA Limited. The report confirms that the utilization of proceeds from the Preferential Issue of Equity Shares and Convertible Warrants is fully in line with the stated objects. While the issue size was INR 218.110 Crore, ICRA is currently monitoring INR 136.319 Crore as of June 30, 2025, representing funds received. No deviations have been observed in how these funds are being used. This update provides crucial transparency for shareholders, assuring them that the capital raised is being deployed as intended for business operations and expansion.