Tejas Cargo India Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

Tejas Cargo's IPO funds are fully utilized! A recent monitoring report confirmed that the entire Rs 105.84 crore raised in its Initial Public Offering has been deployed exactly as outlined in the offer document. Major allocations include Rs 31.76 Cr for purchasing additional trailers, Rs 30.00 Cr for working capital needs, and Rs 15.00 Cr towards loan repayment. This clear utilization of funds, with zero deviation from stated objectives, provides transparency on the company's capital deployment.