Garment Mantra Lifestyle Ltd — Important, 07-02-2026: Company Update
07-02-2026 | 03:44 pm
07-02-2026 | 03:44 pm
Garment Mantra Lifestyle Limited confirmed no deviation in the use of funds for the quarter ending December 2025, which were raised through its Rights issue of partly paid equity shares. Approximately 37.56 Cr has been collected so far from this issue, intended for working capital (34 Cr), general corporate purposes (11.48 Cr), and offer expenses (1.50 Cr). Out of the total planned allocation of 46.98 Cr, 0.44 Cr was utilized this quarter, bringing cumulative utilization to 23.39 Cr. This update assures investors that capital is being deployed as planned.
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