Systematix Corporate Services Ltd — Updates, 13-05-2025: Company Update

Systematix Corporate Services Limited has announced a Monitoring Agency Report from CARE Ratings Limited for the quarter ended March 31, 2025, concerning the utilization of funds raised through its Rs. 103.12 crore preferential equity issue. No funds were deployed during the quarter, and the entire amount remains invested in fixed deposits with Yes Bank, earning interest between 5% and 7.4%. The proceeds are earmarked for working capital requirements of its subsidiary, Systematix Shares and Stocks (India) Limited, investment as a sponsor in Alternative Investment Funds (AIFs) via its wholly owned subsidiary, and general corporate purposes. The company has received in-principle approvals for part of the capital infusion, with ongoing processes for regulatory filings related to AIF schemes. There is no deviation or delay reported in the deployment plan, and all objects are progressing as intended.