Regulation And Legal
Sagarsoft Discloses ₹5.08 Crore Fund Utilization
Compliance Disclosure
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
28th Oct 2026
Fund Raising Details
- Mode of Fund Raising: Preferential Issue
- Date of Raising Funds: 26th July 2021
- Amount Raised: ₹5,08,00,000 (Five Crore Eight Lakh Rupees)
- Equity Shares Issued: 2,00,000 shares
- Issue Price: ₹254 per share
Fund Utilization Status for Quarter Ended 30th September 2026
- Original Object: For further acquisition and for other general corporate purpose
- Modified Object: None
- Original Allocation: ₹5,08,00,000
- Modified Allocation: Not applicable
- Amount Utilized: ₹5,08,00,000
- Utilization Purpose: Working capital requirements
- Deviation/Variation: None
- Remarks: ₹5,08,00,000 utilized for working capital requirements
Review Comments
- Audit Committee Comments: No specific comments
- Auditors Comments: No specific comments