Cybertech Systems And Software Limited — Others, 25-07-2025: Statement of deviation(s) or variation(s) under Reg. 32
25-07-2025 | 04:28 pm
25-07-2025 | 04:28 pm
CyberTech Systems and Software Limited has confirmed that the funds raised from its Preferential Issue, totaling Rs. 40.28 Cr, are being utilized as intended. The company affirmed there is no deviation from the stated objectives, which include expanding existing business activities, general corporate purposes, investing in subsidiaries, and financing future growth opportunities like acquisitions. Currently, the unutilized funds are temporarily parked in Fixed Deposits with banks, aligning with the company's commitment to transparency and proper governance of capital. This update assures investors that capital deployment is on track with previously announced plans.
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