Salasar Techno Engineering Limited — Others, 13-08-2025: Monitoring Agency Report

Salasar Techno Engineering's Monitoring Agency Report confirms the utilization of Rs. 290.77 crore from its preferential issue is as per stated objectives, with no funds utilized during the latest quarter. The agency noted concerns regarding low share prices potentially leading to warrants lapsing and an Enforcement Directorate search at key directors' residences. The company clarified promoters will exercise warrants and expressed optimism for others, adding there are no new developments on the ED matter. A minor Rs. 0.03 crore remains unutilized.