Simplex Infrastructures Ltd
Simplex Infrastructures Q3 2025 Update: ₹423.69 Cr Preferential Issue Funds Tracked 📊
• Preferential issue of equity shares and convertible warrants totaled ₹423.69 crore
• ₹281.59 crore of total issue proceeds received as of December 31, 2025
• ₹126.46 crore utilized with no deviations from stated use of proceeds
• Funds allocated to working capital (₹87.66 crore) and general corporate purposes (₹38.80 crore)
• ₹155.13 crore unutilized funds held in fixed deposits with Punjab National Bank
• Fixed deposits earning returns between 5.50% and 6.25% with maturities through November 2026
• Share price below warrant conversion price, which may impact conversions
• Company maintains 'CARE D; INC' rating due to debt servicing delays
• No delays in project implementation observed