Amber Enterprises India Limited has reported a utilization of Rs. 986 crore for the quarter ending September 30, 2025, following its recent Qualified Institutions Placement (QIP) which raised a total of Rs. 1,000 crore. This information was disclosed in a letter to the National Stock Exchange of India on November 6, 2025, along with the Monitoring Agency Report provided by CARE Ratings Limited. The report confirms that all funds were utilized according to the disclosures in the offer document, and there were no deviations noted from the intended use of proceeds.

The QIP, which was conducted from September 16 to September 22, 2025, aimed to bolster the company's liquidity and finance its operational needs. The funds raised are earmarked for repayment of outstanding borrowings, general corporate purposes, and covering issue-related expenses. Notably, the report from CARE Ratings revealed that the company adhered strictly to its financial plans, with no material deviations reported, thus indicating strong governance and compliance practices.

In summary, Amber Enterprises continues to demonstrate robust financial management as it effectively utilizes the capital raised through its QIP. With all necessary government approvals in place and a clear commitment to transparency, the company is well-positioned to enhance its operational capabilities and drive future growth. The positive assessment from the Monitoring Agency underscores the firm's credibility in the eyes of investors and market participants.