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Ethos Limited has announced the utilization report for its Qualified Institutional Placement (QIP) proceeds for the quarter ended June 30, 2025, as monitored by CRISIL Ratings. The company raised net proceeds of approximately Rs 169.60 crore. Ethos has fully utilized Rs 131.25 crore for its working capital requirements. From the General Corporate Purposes (GCP) allocation, Rs 3.34 crore has been used for ordinary business expenses. The remaining Rs 35.01 crore of unutilized QIP funds are currently deployed in fixed deposits. The report confirms there are no deviations from the stated objects of the QIP, providing transparency to investors.