Please find attached herewith Monitoring Agency Report for the quarter ended on March 31, 2025
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Yasho Industries Limited (BSE: 541167, NSE: YASHO) submitted the Monitoring Agency Report from India Ratings & Research for the quarter ended March 31, 2025, covering the use of proceeds from its preferential issue of 6,57,895 equity shares at Rs. 1,900 each, totaling Rs. 125 Crores, conducted in February 2025. Out of the Rs. 125 Crores raised, the company has utilized Rs. 118.01 Crores so far: Rs. 49 Crores for debt repayment (8.89% higher than the proposed Rs. 45 Crores, within the permissible 10% deviation), Rs. 47.50 Crores for business payments (mainly raw materials), and Rs. 21.51 Crores for general corporate purposes. The remaining Rs. 6.99 Crores is parked in fixed deposits with Saraswat Co-op Bank earning 7% interest.
This is a routine compliance disclosure confirming that the company is deploying the preferential issue funds largely as planned, with debt repayment fully completed and business operations getting a working capital boost. There is no material deviation, and the small unutilized portion is earning interest, which should be neutral to mildly positive for shareholders concerned about capital discipline.