Garment Mantra Lifestyle Ltd — Updates, 12-08-2025: Company Update

Garment Mantra Lifestyle Limited has confirmed no deviation in the use of funds raised from its partly paid equity shares Rights Issue. The company raised Rs. 11.74 Cr. As of the quarter ended June 30, 2025, funds were utilized for working capital (Rs. 10.18 Cr out of Rs. 34.00 Cr allocated), general corporate purposes (Rs. 0.97 Cr out of Rs. 11.48 Cr allocated), and offer-related expenses (Rs. 0.59 Cr out of Rs. 1.50 Cr allocated). This update assures stakeholders that the raised funds are being used exactly as planned.