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The company has raised Rs 86,848.13 million but utilized only Rs 3,949.70 million
30-Jul-2026, 07:26
As of June 30, 2026, the company has raised Rs 86,848.13 million (approximately $1.05 billion USD) but utilized only Rs 3,949.70 million (approximately $48.2 million USD), leaving Rs 82,898.43 million (approximately $1.00 billion USD) unutilized. A planned Rs 12.00 million allocation for expansion of its quick commerce fulfillment network has been delayed due to invoice processing issues, though management stated flexibility in deployment schedules is permitted. No funds have been disbursed to directors, key managerial personnel, or group companies. Crisil Ratings Limited, the monitoring agency, has issued a report with extensive disclaimers, noting it does not provide investment advice and is not liable for losses resulting from its use, and the report is intended for India only.
As of June 30, 2026, the company has raised Rs 86,848.13 million (approximately $1.05 billion USD) but utilized only Rs 3,949.70 million (approximately $48.2 million USD), leaving Rs 82,898.43 million (approximately $1.00 billion USD) unutilized. A planned Rs 12.00 million allocation for expansion of its quick commerce fulfillment network has been delayed due to invoice processing issues, though management stated flexibility in deployment schedules is permitted. No funds have been disbursed to directors, key managerial personnel, or group companies. Crisil Ratings Limited, the monitoring agency, has issued a report with extensive disclaimers, noting it does not provide investment advice and is not liable for losses resulting from its use, and the report is intended for India only.