Sagarsoft (India) Ltd — Important, 25-05-2026: Company Update

Sagarsoft (India) Limited has reported on the utilization of funds raised from its Preferential Issue in July 2021. The company raised Rs. 5.08 Cr by issuing 2,00,000 equity shares at Rs. 254 each. For the quarter ended March 31, 2026, the company confirmed there was no deviation from the original intended use of funds, which was for acquisitions and general corporate purposes. Of the total, Rs. 1.18 Cr was utilized for working capital, and the remaining Rs. 3.90 Cr is held in Fixed Deposits. This update assures shareholders on fund deployment transparency.