PDS Ltd

💰 PDS Ltd’s QIP Funds: How Rs. 43,000 Lakhs Were Utilized & What’s Left

- Gross QIP proceeds: Rs. 43,000 lakhs (net Rs. 41,055.96 lakhs after expenses).

- Rs. 27,836.00 lakhs used for repayment/prepayment of borrowings.

- Rs. 2,420.13 lakhs allocated for strategic acquisitions & corporate purposes.

- Unutilized funds: Rs. 10,799.83 lakhs (including Rs. 85.55 lakhs unspent issue expenses).

- Unused funds invested in fixed deposits (5.65% return) and current accounts.

- Report reviewed by PDS Ltd’s Audit Committee & Board on October 27, 2025.

- CRISIL confirmed no conflicts in monitoring fund utilization.