Syrma SGS Technology Limited (SYRMA)
Monitoring Agency Report
Monitoring Agency Report for quarter ended Mar 31, 2026 confirms no deviation from IPO proceeds utilization. Rs 6.81bn of Rs 7.26bn net proceeds utilized mainly for capital expenditure, working capital, and corporate purposes. Delay in capital expenditure due to global chip shortage; balance to be used in FY27. Unutilized funds invested in fixed deposits earning 7.8%. No material impact on investor decision-making reported.
Source: Original filing PDF
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