Syschem India Ltd
📊 Syschem India Reports Full Compliance with Preferential Issue Fund Utilization
• Raised ₹20.21 crore through preferential issue on March 13, 2026
• Funds used as intended: ₹24.35 lakh for security deposit repayment, ₹5 lakh for capex, ₹50 lakh for working capital, and ₹2.48 lakh for general corporate purposes
• Audit Committee confirmed full compliance with original fund allocation plan
• No changes made to fund utilization terms—shareholder approval for deviation not required