Brainbees Solutions Limited — Others, 13-08-2025: Monitoring Agency Report

Brainbees Solutions (FirstCry) has received its fund utilization report from ICRA Limited for the quarter ended June 30, 2025. The report confirms that the use of the company's 1,666.00 Cr IPO proceeds aligns entirely with the intended purposes, with no deviations observed. All announced projects and initiatives are progressing on schedule. The company holds 1,121.998 Cr of unutilized proceeds, primarily invested in fixed deposits, ensuring efficient cash management. This update provides clarity on fund deployment, reinforcing investor confidence in the company's financial discipline and execution of its strategic plans.