StockWatch
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Stockbroking & Allied
Corporate Governance13 Nov 2026, 06:44 pm

Systematix Corporate Services: Monitoring Agency Report for Q2 FY27

AI Summary

Systematix Corporate Services Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, issued by CARE Ratings Limited, details the utilization of funds raised through a Preferential Issue of Equity Shares amounting to ₹103.12 crore. The report confirms that fund utilization is in line with the offer document disclosures, with no material deviations observed. The company is in the process of investing in AIFs for its subsidiaries, with SEBI registrations in place. As of November 11, 2026, the share price had declined by 48% from the issue price.

Key Highlights

  • Monitoring Agency Report for Q2 FY27 submitted.
  • ₹103.12 crore preferential issue fund utilization reviewed.
  • Fund utilization confirmed to be as per offer document.
  • No material deviations in fund utilization reported.
  • Share price declined 48% from issue price as of Nov 11, 2026.