Quarterly Result13 Feb 2026, 07:06 pm
Systematic Industries Ltd Reports Utilization of Fresh Issue and Offer for Sale Proceeds for Q4 2025
AI Summary
Systematic Industries Ltd has utilized the proceeds from the Fresh Issue and Offer for Sale of Equity Shares, amounting to Rs. 115.60 Crore, as per the Monitoring Agency Report by Brickwork Ratings India Private Limited. The report confirms that the funds have been utilized according to the objects of the issue, with no deviations or conflicts of interest.
Key Highlights
- Systematic Industries Ltd has fully utilized the proceeds from the Fresh Issue and Offer for Sale of Equity Shares, amounting to Rs. 115.60 Crore.
- The Monitoring Agency Report, prepared by Brickwork Ratings India Private Limited, confirms the utilization in line with the objects of the issue.
- No deviations or conflicts of interest were reported in the utilization of funds.
- The report was prepared as per the SEBI ICDR Regulations and Monitoring Agency Agreement.
- The MA, Brickwork Ratings India Private Limited, does not have any direct/indirect interest or relationship with the issuer, promoters, directors, or management.
Price Impact
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