Ganesha Ecosphere Limited — Others, 13-08-2025: Monitoring Agency Report

Ganesha Ecosphere Limited's Monitoring Agency Report confirms the proper utilization of funds from its Preferential Issue of Fully Convertible Equity Warrants for the quarter ended June 30, 2025. The company raised INR 149.97 Cr through the issue, with INR 46.04 Cr received by the quarter-end. These received funds have been fully utilized as per the issue's objectives, which include partial repayment of borrowings, funding plant and machinery purchases, and general corporate purposes. The report indicates no deviation from the stated objectives, and the Audit Committee and Board have reviewed it with no comments. This ensures accountability in fund deployment.