Oriental Rail Infrastructure Ltd
Oriental Rail Infrastructure Q3 FY26 Fund Utilization Update 📊
- Total preferential issue proceeds: ₹212.20 crore
- Debt repayment: ₹3.78 crore utilized (₹46.22 crore unutilized)
- Working capital: ₹159.35 crore utilized (overutilized by ₹12.15 crore)
- General corporate purposes: ₹7.03 crore utilized (₹7.97 crore unutilized)
- Delays noted in utilizing funds from second and third tranches
- Unutilized funds of ₹42.04 crore temporarily invested, earning returns between 4.75% and 7.55%
- Part of unutilized proceeds held in subsidiary's current account, not explicitly permitted per offer document
- No material deviation in use of funds reported
- All government and statutory approvals confirmed in place