Addendum to Annual Report 31st March, 2025
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Syschem (India) Limited has issued an addendum to its Annual Report for the financial year ended March 31, 2025, to correct a typographical error. On Page D-51, under the Employees Stock Option Plan (ESOP) disclosure, the name of Mr. Satyendra Pal Singh was inadvertently listed twice, each time showing 200,000 stock options. The company has clarified that his name should appear only once, with a total grant of 200,000 ESOPs. The addendum forms an integral part of the Annual Report and must be read together with it. The company has stated that the correction is purely typographical in nature.
This is an administrative correction with no impact on the financial statements, ESOP grant totals, or any other disclosures. Shareholders should not expect any change in the company's financial position or governance.