Vertex Securities received its Monitoring Agency Report on the utilization of funds from its Rights Issue.

The company raised Rs 14.80 Cr through this issue, and by June 30, it had received Rs 3.70 Cr as initial application money.

All of these received funds were utilized as planned: Rs 3.60 Cr for augmenting working capital and Rs 0.10 Cr for general corporate purposes.

The report confirms no deviations from the stated objectives, providing investors clarity on the responsible deployment of capital.