Oriental Rail Infrastructure Ltd

Oriental Rail Infrastructure Q4 2026 Fund Utilization Report 📊

- Rs. 212.20 crore raised through a preferential issue.

- Rs. 12.15 crore overutilized for working capital, exceeding the planned amount by less than 10%.

- Rs. 42.04 crore unutilized funds temporarily invested in fixed deposits with Bank of Baroda, yielding returns between 3.50% to 7.55%.

- Delays noted in utilization of second and third tranches, with some deployments ongoing beyond scheduled timelines.

- No shareholder approval obtained for reclassification of objects.

- Part of funds used in a subsidiary's account, which was not explicitly permitted.

- All government and statutory approvals related to issue objects have been obtained.

- No adverse events affecting viability reported.