Borana Weaves Limited: No Deviation Observed in Utilization of Funds Raised Through Public Issue

Borana Weaves Limited, a company in the Other Textile Products / Textiles sector, has submitted the Monitoring Agency Report for the quarter ended December 31, 2025. The report, prepared by Acuite Ratings and Research Limited, indicates no deviation in the utilization of funds raised through the public issue. The company has utilized the funds as per the disclosures in the Offer Document. The Monitoring Agency also confirmed that all required Government / statutory approvals have been received for the objectives of the issue.