Diffusion Engineers Ltd

📈 Diffusion Engineers' IPO Funds: ₹710M Utilized, Key Expansion Underway

• ₹205.40M utilized for expanding the existing manufacturing facility.

• ₹138.94M utilized for a new manufacturing facility.

• ₹220.00M fully utilized for working capital.

• ₹8.24M used for general corporate purposes, including business development initiatives.

• Total utilized proceeds as of December 31, 2025: ₹709.83M.

• Unutilized funds: ₹869.81M, invested in fixed deposits with Kotak Bank and Yes Bank.

• Total market value including accrued interest: ₹949.99M.

• No delays, material deviations, or unfavorable events affecting project viability reported.