Syrma SGS Technology Limited has submitted its quarterly monitoring agency report for Q3FY26, demonstrating complete utilization of its Rs.1,000.00 crore Qualified Institutional Placement (QIP) proceeds. The report, filed with stock exchanges on January 30, 2026, was prepared by CARE Ratings Limited as the designated monitoring agency under SEBI regulations.

QIP Proceeds Utilization Overview

The monitoring report confirms that all QIP funds have been fully deployed across the three designated categories outlined in the original placement document. The company successfully completed its fund utilization program during the quarter ended December 31, 2025.

Strategic Acquisition Through QIP Funds

The company utilized the entire Rs.224.262 crore allocated for general corporate purposes toward acquiring a 60% stake in Elcome Integrated Systems Private Limited. This acquisition involved an aggregate consideration of approximately Rs.235.00 crore through a combination of primary and secondary investment structures.

Debt Repayment Activities

During Q3FY26, Syrma SGS deployed Rs.66.538 crore for working capital loan repayment, completing its debt reduction objectives. The quarterly utilization included:

• Rs.50.00 crore toward Commercial Paper (CP) repayment
• Rs.16.538 crore for working capital loan settlement
• Rs.0.048 crore carried forward from the previous quarter for working capital purposes

Regulatory Compliance and Monitoring

CARE Ratings Limited, serving as the monitoring agency under the August 07, 2025 agreement, confirmed no deviations from the objects stated in the offer document. The report indicates full compliance with SEBI regulations regarding fund utilization and disclosure requirements.

Issue Timeline and Structure

The QIP issue was conducted between August 07, 2025, and August 12, 2025, raising Rs.1,000.00 crore through equity shares. The company operates in the Industrial Products sector under the leadership of promoters Sandeep Tandon, Jasbir Singh Gujral, Veena Kumari Tandon, and Tancom Electronics Private Limited.

The monitoring report, certified by Walker Chandiok & Co LLP on January 25, 2026, demonstrates the company's efficient capital deployment strategy and adherence to regulatory frameworks governing QIP proceeds utilization.

Syrma SGS Technology Limited has formally notified stock exchanges about an upcoming investor earnings call to discuss its Q3FY26 financial performance. The company filed the intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on January 27, 2026.

Earnings Call Schedule and Format

The earnings conference call is scheduled for Friday, January 30, 2026, at 10:30 AM IST. The session will focus on discussing financial results for the quarter and nine months ended December 31, 2025. The call will be conducted as a group audio meeting with analysts and investors.

Management Participation

The earnings call will feature comprehensive management representation from Syrma SGS Technology. The session will commence with a brief management discussion on earnings performance, followed by an interactive Question & Answer session.

Key Management Representatives:

• J.S. Gujral - Managing Director
• Jayesh Doshi - Director
• Satendra Singh - Chief Executive Officer
• Bijay Agarwal - Chief Financial Officer
• Nikhil Gupta - Head, Investor Relations

International Participation Details

The company has arranged multiple dial-in options to accommodate global participation across different time zones.

Additional Information

The company has indicated that participants can pre-register to avoid wait time during the call. Following the earnings call, Syrma SGS Technology will post the complete transcript on its official website under the investor relations section at https://www.syrmasgs.com/investor-relations/ .

The notification was signed by Bhabagrahi Pradhan, Company Secretary & Compliance Officer (Membership No: F4921), and submitted to both BSE Limited (Scrip Code: 543573) and National Stock Exchange of India Limited (Symbol: SYRMA). For additional information regarding the earnings call, investors and analysts can contact Axis Capital representatives Deepak Agarwal or Nikhil Kandoi.