SG Finserve Ltd — Important, 14-07-2026: Company Update
14-07-2026 | 06:04 pm
14-07-2026 | 06:04 pm
SG Finserve Limited submitted its Monitoring Agency Report for the quarter ended June 30, 2026, confirming the utilization of proceeds from its ₹450.00 crore preferential issue. The report by CARE Ratings Limited found no deviation from the stated objects. During the quarter, the company received ₹21.19 crore against warrants. Of this, ₹11.19 crore was utilized for working capital needs, and ₹10 crore for general corporate purposes, specifically for clients' dealer financing. This update assures investors that funds are being deployed as planned, aligning with the company’s operational strategy.
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