The proposal of fund raising is subject to approval from the shareholders and from other regulatory authorities, as may be required.
Systematix Corporate Services is registered as category I Merchant banker with Security Exchange Board of India (SEBI) and primarily engaged in Merchant Banking Activities.
The company’s consolidated net profit slipped 60.7% to Rs 1.74 crore in Q1 FY25 as against Rs 4.43 crore posted in Q1 FY24. Total income jumped 50.2% YoY to Rs 30.50 crore in June 2024 quarter.