ALPHA TRIBE

Kalpataru LimitedOthers, 13-08-2025: Utilisation of Funds

13-08-2025 | 10:26 pm

Kalpataru Ltd's recent IPO raised ₹1,590 Cr. For the quarter ending June 30, ₹500 Cr was deployed to reduce outstanding borrowings: ₹300 Cr for the company and ₹200 Cr for its subsidiary. Importantly, there's *no deviation* in fund use from the original plan. The remaining funds for debt repayment were utilized right after the quarter ended, staying on track. General corporate purposes and issue expenses haven't seen utilization yet but are part of the future allocation. Investors, fund use is as disclosed! #Kalpataru #IPO #FundUtilization

No comments yet. Be the first to comment!

All announcements from Kalpataru Limited