Satyam Silk Mills Ltd — Important, 11-02-2026: Company Update
11-02-2026 | 04:28 pm
11-02-2026 | 04:28 pm
Satyam Silk Mills Limited announced that funds from its rights issue have been utilized without any deviation or variation from the original plan. The company raised INR 1.12 Cr (1,11,62,500) through this issue, which was intended to finance incremental working capital and cover issue expenses. This confirms that shareholder capital is being deployed as communicated, providing clarity on its use. Any unutilized funds are currently temporarily invested in Money Market Mutual Funds.
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