Oriental Rail Infrastructure Ltd — Important, 12-08-2026: Company Update

Oriental Rail Infrastructure received its Monitoring Agency Report for the preferential issue of Rs. 212.20 Cr. The report confirms no deviation in fund utilization from the objects approved by shareholders. However, the company experienced delays in deploying several tranches of funds. Shareholders approved revising object costs, reallocating Rs. 42.04 Cr of unutilized proceeds towards working capital to address increased inventory and collection cycles. The Monitoring Agency noted a minor instance where Rs. 0.11 Cr was temporarily held in a subsidiary's current account, not explicitly allowed by the original offer document. This update provides clarity on fund deployment and strategic shifts.