SPML Infra Limited — Others, 13-08-2025: Monitoring Agency Report

SPML Infra received a Monitoring Agency Report from ICRA Limited for the quarter ended June 30, 2025, regarding the utilization of funds from its preferential allotment. The report confirms there is no deviation in the use of funds from the stated objects of the issue. The company raised revised net proceeds of Rs. 292.58 Crore, with Rs. 174.63 Crore monitored this quarter due to phased receipt of warrant proceeds. Funds were allocated for Margin Money, Working Capital, and General Corporate Purposes, including a Rs. 4.50 Crore repayment to NARCL. All objects are on schedule, with unutilized funds deployed in a monitoring account and fixed deposits.