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Created: 2025-07-21 18:22:11 UTC

Parag Milk Foods Ltd. Reports Fund Utilisation in Line with Plans 🏦 | MCap XXXXXXXX Cr

- Funds raised: ₹40.30 Cr on May 23, 2025.
- Utilisation aligned with EGM notice (April 3, 2025) and corrigendum (April 24, 2025).
- Key allocations:
  - ₹17.50 Cr for debt reduction.
  - ₹7.80 Cr for working capital.
  - ₹5.00 Cr for capital expenditure (unutilised).
  - ₹10.00 Cr for general corporate purposes (₹9.70 Cr utilised).
- Total utilised in Q2 2025: ₹35.00 Cr.
- Monitoring agency: India Ratings & Research.
- Audit Committee & Board confirmed no deviation in fund use.
- No auditor comments on deviations.

Disc: Information provided in this tweet can be inaccurate, verify through the source before making any investment decision.

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**Related Topics**
[debt](/topic/debt)
[mcap](/topic/mcap)
[investment](/topic/investment)

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