Walchandnagar Industries Limited — Others, 14-08-2025: Monitoring Agency Report
14-08-2025 | 07:26 pm
14-08-2025 | 07:26 pm
Walchandnagar Industries Limited has submitted its Monitoring Agency Report for the quarter ended June 30, 2025. The report, prepared by ICRA Limited and reviewed by the Audit Committee, confirms the full utilization of the 160 Cr raised through the company's Preferential Issue. All funds were deployed as per the stated objects, including debt repayment, working capital, general corporate purposes, and issue expenses. There were no deviations or variations in the use of proceeds. This update assures shareholders that the capital raised has been properly and fully utilized for its intended business purposes.
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