Sagarsoft: Utilisation of Funds from Preferential Issue

Sagarsoft (India) Ltd submitted a statement regarding the utilization of funds raised through a preferential issue of 2,00,000 equity shares at ₹254 per share on 26.07.2021, raising ₹5,08,00,000. As of March 31, 2026, ₹1,18,00,000 has been utilized for working capital, and ₹3,90,00,000 is held in fixed deposits. There were no deviations in the use of funds, and no specific comments were made by the Audit Committee or auditors.