Moongipa Capital Finance Ltd — Important, 16-10-2025: Company Update
16-10-2025 | 05:06 pm
16-10-2025 | 05:06 pm
Moongipa Capital Finance confirmed that there is no deviation in the use of proceeds from its Rights Issue. The company successfully raised 21,527.40 Lakhs (equivalent to approximately 215.27 Cr), which has been fully utilized as per the objectives stated in its original Letter of Offer. This update provides clarity to investors that funds were deployed exactly as planned, reinforcing transparency in financial operations and maintaining shareholder confidence in the company's commitment to its stated financial objectives.
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