Sylph Technologies Ltd — Updates, 18-07-2025: Company Update

Sylph Technologies' Rights Issue Committee has approved the allotment of 48,90,90,000 new equity shares at ₹1/- each, successfully raising ₹48.91 Cr. This significant capital infusion will strengthen the company's financial position and support future operations. To ensure transparent use of these funds, a SEBI-registered Credit Rating Agency has been voluntarily appointed as a monitoring agency. This oversight aims to build investor confidence by providing clear accountability for how the capital from the rights issue is utilized.