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Belrise Industries confirms IPO proceeds utilization.

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Belrise Industries LimitedBELRISE · Filed with the exchange

The Rs 2,150 Cr IPO saw Rs 1,596.02 Cr for debt repayment fully used.

General Corporate Purposes (GCP) utilized Rs 36.42 Cr for working capital this quarter.

Remaining unutilized proceeds total Rs 6.82 Cr, fully in line with disclosures.

Read the original filing(PDF)

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