Suryo Foods & Industries has submitted its Monitoring Agency Report for funds raised through a Rights Issue, confirming no deviation from the stated utilization objects.

Out of the 5.94 Crore raised, 5.30 Crore was adjusted against promoter and promoter group liabilities, with 0.64 Crore received in cash.

The company noted nil revenue from core operations for the past five financial years, currently relying on rental income, but plans to revive its aquaculture segment.

Remaining liabilities and issue expenses totaling 0.64 Crore are slated for settlement in Q1 FY27, offering shareholders clarity on fund deployment.