PCBL Chemical Limited — Others, 14-08-2025: Monitoring Agency Report

PCBL Chemical Limited's monitoring agency, CRISIL Ratings, has released its report on the utilization of funds from the company's Preferential Issue of warrants for the quarter ended June 30, 2025. The report confirms that there was no deviation from the stated objectives for the funds. While the total issue size is Rs 448 crore, only Rs 112 crore has been received to date, as warrant holders did not exercise any warrants during this quarter. The Rs 112 crore previously received has been fully utilized for debt repayment, working capital, and general corporate purposes. The remaining Rs 336 crore is expected by November 2025. This indicates the company is on track with its fund allocation.