Sagarsoft Discloses Full ₹5.08 Crore Fund Utilization
Fundraising / Financing
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
31st Jul 2026
Fund Raising Details
- Mode of Fund Raising: Preferential Issue
- Date of Raising Funds: 26th July, 2021
- Amount Raised: ₹5,08,00,000 (Rupees Five Crore Eight Lakh)
- Issue Details: 2,00,000 equity shares issued at a price of ₹254 per share
Utilization Report for Quarter Ended 30.06.2026
- Monitoring Agency: Not applicable
- Deviation/Variation in Use of Funds: No
- Shareholder Approval for Change: Not Applicable
- Explanation for Deviation/Variation: Not Applicable
- Audit Committee Comments: No specific comments
- Auditors Comments: No specific comments
Fund Utilization Breakdown
- Original Object for Fund Raising: For further acquisition and for other general corporate purpose
- Modified Object: Nil (No change from original object)
- Original Allocation: ₹5,08,00,000
- Modified Allocation: Not applicable (No change)
- Funds Utilized: ₹5,08,00,000 (Full amount utilized)
- Amount of Deviation/Variation: Nil
Detailed Utilization
- ₹3,13,00,000 utilized for working capital requirements
- ₹1,95,00,000 kept in Fixed Deposits