Systematix Corporate Services has released its Monitoring Agency Report, detailing the use of Rs. 103.12 Cr raised through its Preferential Issue.

The company utilized Rs. 25 Cr during the quarter, investing it in subsidiary Systematix Shares and Stocks (India) Limited for working capital, aligning with the offer document.

The remaining Rs. 35 Cr for this purpose and Rs. 30 Cr allocated for AIF investments are pending regulatory approvals.

The unutilized balance of Rs. 78.12 Cr, along with Rs. 3.07 Cr in earned interest, is held in fixed deposits.

The report confirms no material deviations or implementation delays for the planned objects.