Kretto Syscon Ltd — Important, 14-07-2026: Company Update

Kretto Syscon Limited has confirmed no deviation in the utilization of funds from its Rights Issue, ensuring transparency for shareholders. The company raised Rs 47.04 crore and confirmed that the funds were used as per the stated objectives for the quarter ended March 31. This includes Rs 24.00 crore for working capital, Rs 15.00 crore for software acquisition, Rs 7.29 crore for general corporate purposes, and Rs 0.75 crore for issue-related expenses. The Audit Committee reviewed and affirmed this adherence to the original plan, reflecting responsible financial management.