Sagarsoft (India) Ltd — Updates, 25-07-2025: Company Update

Sagarsoft (India) Limited has provided an update on the utilization of funds raised through its preferential issue. The company successfully raised Rs. 5.08 Cr by issuing 200,000 equity shares. All funds have been fully utilized, with no deviation from the stated objectives. Of this amount, Rs. 1.18 Cr was allocated for working capital needs, and Rs. 3.90 Cr has been placed in fixed deposits. This update confirms the company's transparent and responsible deployment of shareholder capital, aligning with its original plan for acquisition and general corporate purposes.