Garment Mantra Lifestyle Ltd — Important, 13-11-2025: Company Update

Garment Mantra Lifestyle reported no deviation in the utilization of funds raised through its rights issue of partly paid equity shares. The company collected Rs 11.74 Cr from application money and Rs 11.20 Cr from the first call. These funds are being deployed as planned for working capital (originally allocated 34.00 Cr), general corporate purposes (originally allocated 11.48 Cr), and offer-related expenses (originally allocated 1.50 Cr). Total funds utilized amount to Rs 22.95 Cr to date. This update confirms that the company is deploying funds according to the original plan, providing transparency to shareholders.