ALPHA TRIBE

Sanchay Finvest LtdImportant, 04-08-2026: Company Update

04-08-2026 | 06:19 pm

Sanchay Finvest has confirmed no deviation in the use of funds raised through its preferential issue for the quarter ended June 30. The company raised 4,85,000 Cr in February, with 3,85,000 Cr allocated for working capital and 1,00,000 Cr for general corporate needs. These corporate funds are intended for business development, including staff hiring, technology upgrades, and regulatory payments to stock exchanges. The Audit Committee has reviewed the fund utilization, affirming compliance with the stated objectives.

No comments yet. Be the first to comment!

All announcements from Sanchay Finvest Ltd