SGL Resources Ltd — Updates, 23-06-2025: Company Update

SGL Resources Limited has confirmed there is no deviation or variation in the use of proceeds raised through its Right Issue amounting to Rs. 49.42 Cr. The funds have been utilized as planned across loan repayment (Rs. 15 Cr), working capital (Rs. 19.5 Cr), other general purposes (Rs. 12.02 Cr), and issue expenses (Rs. 0.4 Cr). This adherence to the stated objectives reflects disciplined fund management, supporting the company’s operational and financial strategy without any changes to the originally disclosed plans.