Satyam Silk Mills Ltd — Updates, 12-08-2025: Company Update

Satyam Silk Mills Limited has confirmed it has fully adhered to its stated plans for the INR 1.12 Cr raised via its rights issue from July 2022. The funds were allocated primarily to boost the company's working capital. Importantly, the company clarified that any unutilized portion of these funds is being prudently managed through temporary investments in Money Market Mutual Funds. This update provides clarity to shareholders on the diligent utilization of capital, ensuring transparency in financial operations.