Announced Wed, 28 Oct, 2026 · 19:47 IST
Sagarsoft reports full use of Rs 5.08 crore preferential issue funds
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Sagarsoft India said the entire Rs 5.08 crore raised through 200,000 equity shares at Rs 254 each in a July 2021 preferential issue was used for working capital needs by 30 September 2026. The company reported no deviation from the approved use of funds. The audit committee and auditors made no specific comments.
Likely market impact
The update confirms complete deployment of the raised funds with no stated deviation. It is routine disclosure and is broadly neutral for shareholders.