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Syschem India LtdImportant, 27-04-2026: Company Update

27-04-2026 · 12:49 pm

Syschem (India) Limited announced there is no deviation in the use of funds raised through its Preferential Issue. The company utilized Rs. 20.21 Cr, primarily allocated towards meeting its working capital requirements. The Audit Committee confirmed that the funds were deployed precisely for the purposes initially presented and approved by shareholders. This update provides clarity on capital deployment and reinforces the company's commitment to using investor funds as intended, fostering trust among stakeholders.

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