Niraj Cement Structurals Limited — Others, 13-08-2025: Monitoring Agency Report

Niraj Cement Structurals' latest monitoring report for the quarter ending June 30, 2025, confirms the full utilization of the Rs. 103.56 crore raised through its preferential issue. The initial issue size was revised downwards due to undersubscription, which the agency notes could impact project viability. While Rs. 10 crore was temporarily held in Portfolio Management Services not initially aligned with the offer document, these funds were later transferred. Furthermore, the Board formally approved a Rs. 5.50 crore investment in the Niraj-Mason joint venture under General Corporate Purposes, clarifying its deployment. This transparency is crucial for shareholders.