Platinum Industries Ltd

Platinum Industries Expansion Update: Egypt & Palghar Facility Progress 📊

- Net IPO proceeds raised: ₹2,118.29 million

- Total utilized as of Dec 31, 2025: ₹1,282.16 million (60.5%)

- Egypt facility allocation: ₹677.21 million (17.6% utilized - ₹119.41 million)

- Egypt facility new estimated completion: December 31, 2026 (delayed from original February 2025)

- Palghar facility allocation: ₹712.61 million (83.0% utilized - ₹591.29 million)

- Palghar facility new estimated completion: June 30, 2026 (delayed from original February 2025)

- Working capital utilization: ₹192.50 million (64.2% of ₹300 million allocation)

- Working capital balance expected to be utilized by June 30, 2026

- General corporate purposes: ₹378.95 million utilized (88.4% of allocation)

- Unutilized funds: ₹836.13 million held in fixed deposits and bank accounts