Quarterly Updates29 May 2026, 07:31 pm
Naturewings Holidays: No Deviation in Fund Utilization for Q4 FY25
AI Summary
Naturewings Holidays Ltd reported no deviation or variation in the utilization of funds raised through its public issue on September 10, 2024. The report, filed for the quarter ended March 31, 2025, indicates that the funds were utilized as originally planned across working capital, marketing and business promotion, general corporate purposes, and issue-related expenses. A balance of ₹9.46 Lakhs remains unutilized and is held in an Escrow Account with ICICI Bank.
Key Highlights
- Naturewings Holidays confirms no deviation in fund utilization for Q4 FY25.
- ₹703.30 Lakh raised on September 10, 2024, utilized across key objectives.
- ₹9.46 Lakhs unutilized funds held in ICICI Bank Escrow Account.
- Funds allocated to working capital (₹3.95 Cr), marketing (₹1.02 Cr), and general corporate purposes (₹86.30 Cr).
- Issue related expenses accounted for ₹120.00 Lakh.
Price Impact
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