ALPHA TRIBE

Syschem India LtdImportant, 04-08-2026: Company Update

04-08-2026 | 01:30 pm

Syschem (India) Limited's board approved the financial results for the quarter, reporting a net loss of 1.67 Cr. Total income from operations was 125.99 Cr. Additionally, the company announced the lapse of approximately 3.2 million convertible warrants. The allottees failed to convert these warrants into equity shares within the stipulated period. As a result, the company forfeited the upfront consideration of 3.92 Cr received at the time of allotment, which enhances its financial position.

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