SG Mart Ltd — Important, 23-01-2026: Company Update

SG Mart Limited has fully utilized the Rs. 1,150 crore raised from its Preferential Issue, as confirmed by its Monitoring Agency, CARE Ratings. The report for the quarter ended December 31, 2025, shows that the remaining ₹17.53 crore was deployed. The total funds were allocated for working capital requirements (₹900 Cr) and general corporate purposes (₹250 Cr). There were no deviations from the stated objectives. The company efficiently managed the funds, redeeming fixed deposits and using the proceeds, including the final balance, to reduce working capital borrowings. This completes the full deployment of the issue capital.