Simplex Infrastructures Ltd
Simplex Infrastructures Q2 2025 Fund Utilization Update 📊
- CARE Ratings submitted Monitoring Agency Report for quarter ended 30/06/2025
- Convertible warrants: Rs. 214.47 crore total (Rs. 53.62 crore received upfront), zero utilized this quarter
- Equity shares: Rs. 209.22 crore total, Rs. 14.68 crore utilized (Rs. 8.10 crore working capital + Rs. 6.58 crore corporate purposes)
- Rs. 194.54 crore equity proceeds remain unutilized
- Monitoring account inactive - funds held in Share Application Accounts instead of fixed deposits
- All government/statutory approvals obtained
- No implementation delays reported - full utilization expected within 24 months of fund receipt
- Corporate expenses covered salaries, subcontractors, admin costs, and statutory payments