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Oriental Rail Infrastructure received a Monitoring Agency Report from CARE Ratings on its Rs. 212.20 Cr preferential issue. While the report indicates no overall deviation in fund usage for the quarter ended December 31, 2025, CARE noted some key points. There were delays in utilizing certain fund tranches. Working capital deployment exceeded its approved limit by Rs. 12.15 Cr. Notably, some unutilized funds were held in a subsidiary's current account, an action not explicitly allowed by the offer document. Approximately Rs. 42.04 Cr from the issue remains unutilized.