Sagarsoft (India) Ltd — Important, 31-07-2026: Company Update

Sagarsoft (India) Limited reported on the utilization of funds raised through a preferential issue of 2,00,000 equity shares at Rs. 254 per share, totaling Rs. 5.08 crore. The funds were allocated for further acquisition and general corporate purposes. Of this, Rs. 3.13 crore has been used for working capital requirements. The remaining Rs. 1.95 crore is currently held in Fixed Deposits. The company confirmed there is no deviation or variation from the original planned use of these funds, assuring investors of adherence to stated objectives.