Sylph Technologies Ltd — Updates, 23-07-2025: Company Update
23-07-2025 | 03:35 pm
23-07-2025 | 03:35 pm
Sylph Technologies has completed the allotment for its Rights Issue, issuing 48.91 Cr fully paid-up equity shares at ₹1 each. The issue, which ran from June to July, was offered at a 15:17 ratio for existing eligible shareholders. Following strong investor response, the company received listing approval and has already credited the new shares to demat accounts. This capital raise boosts Sylph's equity base, strengthening its financial position and supporting future growth initiatives. Investors now have their new shares, enhancing liquidity and ownership.
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