Garment Mantra Lifestyle Ltd — Important, 01-01-1970: Company Update
01-01-1970 | 12:00 am
01-01-1970 | 12:00 am
Garment Mantra Lifestyle has reported no deviation or variation in the utilization of funds raised through its Rights issue of partly paid equity shares for the quarter and nine months ended December 31, 2025. The company originally earmarked approximately 46.98 Cr from this fundraise for specific purposes, including working capital (34.00 Cr), general corporate needs (11.48 Cr), and offer-related expenses (1.50 Cr). As of this period, the company has utilized approximately 23.39 Cr for these planned objectives. This confirms that the funds are being deployed as initially disclosed to shareholders.
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