Oriental Rail Infrastructure Ltd — Important, 12-08-2026: Company Update
12-08-2026 | 11:36 am
12-08-2026 | 11:36 am
Oriental Rail Infrastructure Limited has confirmed that there was no deviation or variation in the utilization of funds raised through its Preferential Issue. The company had raised ₹212.20 Cr via this issue. This update, covering the quarter ended June 30, 2026, reassures stakeholders that the proceeds are being used as originally intended. CARE Ratings Limited served as the monitoring agency for these funds. This transparency is important for investor confidence, affirming the company's adherence to its stated objectives for capital deployment.
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