SG Finserve Ltd — Important, 16-04-2026: Company Update
16-04-2026 | 08:42 pm
16-04-2026 | 08:42 pm
SG Finserve received its Monitoring Agency Report for the quarter ended March 31, 2026, confirming the utilization of proceeds from its ₹450 crore preferential issue. The report found no deviation in the deployment of funds. During the quarter, ₹316.31 crore was received and fully utilized, including over ₹200 crore transferred to Apollo group companies for dealer financing. A balance of ₹21.19 crore from warrants is yet to be received. This update provides a clear picture of the company's capital allocation and fund management.
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