Cybertech Systems And Software Limited has announced the full utilization of funds raised through a preferential allotment on December 4, 2023. The total amount raised, ₹40.27 crore (Rupees Forty Crores Twenty-Seven Lakhs Seventy-Two Thousand and Five Hundred only), has been invested in the equity capital of its wholly-owned subsidiary, CyberTech Systems and Software Inc., USA. This utilization aligns with the objects of the issue as approved by the company's shareholders via postal ballot on November 27, 2023, with a corrigendum issued on November 06, 2023. The statement of deviation, as per Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the quarter ended June 30, 2026, will reflect the complete utilization of these funds.
