Nomura Capital (India) Private Limited — Statement of utilization of issue proceeds

Nomura Capital (India) Private Limited has released a statement detailing how it is using the funds raised from its recent issue. This document provides transparency regarding the deployment of capital, which is a standard corporate governance practice for issuers of debt or equity securities.

For investors, this update is important as it confirms that the company is following through on its stated use of proceeds. It offers a clear picture of the company's financial discipline and its strategy for deploying the capital to support its business operations.

Investors should monitor the utilization of these funds to ensure they align with the company's announced plans. This helps in assessing the company's execution capabilities and its ability to generate value from the raised capital.