Rama Steel Tubes has clarified its approach to managing unutilized funds from its recent issue.

Pending full deployment for their designated purposes, the company can temporarily invest these proceeds.

Permissible investments include interest-bearing liquid instruments, bank deposits, and money market instruments.

This update provides clarity on the interim capital management strategy, ensuring prudent and flexible use of funds before final allocation to project objectives.

It emphasizes maximizing interim returns while maintaining liquidity.