AWL Agri Business Limited — Others, 14-08-2025: Monitoring Agency Report

AWL Agri Business Ltd.'s monitoring agency report for the quarter ended June 30, 2025, shows appropriate use of its Rs. 3,600 Cr IPO proceeds, with no deviations from stated objectives. The company has utilized Rs. 3,477.9 Cr to date. A significant update involves the extension for deploying remaining funds for strategic acquisitions, capital expenditure, and general corporate purposes. While Rs. 450 Cr was planned for strategic acquisitions by fiscal 2024, only Rs. 163.1 Cr was deployed. The Board has now approved utilizing the total remaining Rs. 28.2 Cr of IPO proceeds by September 30, 2025, held in fixed deposits and current accounts.