ImportantCompany Update
SG Finserve Limited submitted its Monitoring Agency Report for the quarter ended June 30, 2026, confirming the utilization of proceeds from its ₹450.00 crore preferential issue.
SG Finserve Ltd539199 · Filed with the exchange
The report by CARE Ratings Limited found no deviation from the stated objects.
During the quarter, the company received ₹21.19 crore against warrants.
Of this, ₹11.19 crore was utilized for working capital needs, and ₹10 crore for general corporate purposes, specifically for clients' dealer financing.
This update assures investors that funds are being deployed as planned, aligning with the company’s operational strategy.
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