Gayatri Sugars has announced a board meeting to consider the financial results for the quarter and half-year.

The company raised ₹44.8 Cr through a preferential issue in July 2023, primarily for working capital needs.

As of the latest quarter, ₹34.15 Cr has been utilized from these proceeds with no deviation or variation in the use of funds.

This disciplined fund usage supports operational stability and indicates financial management aligned with initial plans, which is reassuring for shareholders.