SG Mart Ltd — Updates, 25-07-2025: Company Update

SG Mart has received the Monitoring Agency Report for the quarter ended June 30, 2025, confirming no deviation in the utilization of its Rs. 1,150 Cr preferential issue proceeds. During the quarter, the company completed the remaining warrant conversions, receiving Rs. 255.34 Cr. These funds were specifically used for working capital (Rs. 5.34 Cr) and General Corporate Purposes (Rs. 250 Cr), the latter clearing an outstanding HDFC OD account. As of the quarter-end, Rs. 17.53 Cr from the issue remains unutilized, held in a Fixed Deposit. This update assures shareholders of transparent and compliant fund management.