ALPHA TRIBE

SG Finserve LtdImportant, 13-10-2025: Company Update

13-10-2025 | 08:18 pm

SG Finserve Limited's Monitoring Agency, CARE Ratings, reported on the Rs. 450.00 Cr Preferential Issue of Warrants for the quarter ended September 30, 2025. No deviation was noted from the planned use of funds for working capital and general corporate purposes. The company initially received Rs. 112.50 Cr (25% of the issue), but no further funds were received or utilized during this quarter from the remaining Rs. 337.50 Cr. A key investor takeaway: the current share price of Rs. 353.4 is below the warrant issue price of Rs. 450.00, making conversion at a premium to the market.

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