Sathlokhar Synergys Announces Q1 Results and Appoints New Cost Auditor

Sathlokhar Synergys Announces Q1 Results and Appoints New Cost Auditor​

Sathlokhar Synergys E&C Global Limited, an EPC and Infrastructure Turnkey Contractor, has announced its unaudited standalone financial results for the quarter ended June 30, 2026. The company also approved a statement regarding the utilization of proceeds from a recent preferential issue and appointed M/s. S. Chockalingam & Co. as its Cost Auditor for the financial year 2026-27.

The Board of Directors held a meeting on July 29, 2026, where it considered these operational updates. The company also announced plans to convene its 13th Annual General Meeting (AGM) on Thursday, September 17, 2026, via Video Conferencing and other Audio-Visual Means.

Financial Performance for Quarter Ended June 30, 2026​

The unaudited financial results reflect strong performance across the reporting periods. For the quarter ended June 30, 2026, total income stood at 20,619.35 Lakhs. Expenses were recorded at 17,756.41 Lakhs, resulting in a profit for the quarter amounting to 72,240 Lakhs. When including other comprehensive income items, the total comprehensive income reached 212,238 Lakhs.

The company's operations are concentrated solely in the engineering, procurement, and construction (EPC) services segment. The results were prepared according to Ind AS 34 "Interim Financial Reporting."

Preferential Issue Proceeds Utilized​

Sathlokhar Synergys reported that there were no deviations or variations in the use of funds raised through the preferential issue of equity shares and convertible warrants, which took place on November 21, 2025. The total proceeds received from this issue amounted to Rs. 93,23,56,700.

The utilization details are presented below:


The company reported that the unutilized balance of Rs. 2,026.52 lakhs is currently held in fixed deposits with scheduled banks. This remaining amount includes funds earmarked for capital expenditure and working capital needs and will be deployed toward the designated objects in due course. The difference between the total allocated amounts (Rs. 10,679.18 lakhs) and the proceeds received (Rs. 9,323.57 lakhs) represents the outstanding balance of the 75% subscription amount on convertible warrants, amounting to Rs. 1,55.62 lakhs.

Governance and Appointments​

The Board approved the appointment of M/s. S. Chockalingam & Co., Cost Accountant, as the company's Cost Auditor for the financial year 2026-27.

In addition to the operational updates, the company provided a comprehensive statement detailing the allotment of 18,40,600 Equity Shares and 3,75,000 Convertible Equity Share Warrants to Promoter and Non-Promoter groups on November 21, 2025. These warrants allow holders to convert into equity shares within 18 months from the allotment date.

SSEGL Stock Price Movement​

Sathlokhar Synergys E&C Global Limited closed higher today as it gained ₹10.25, finishing the session at ₹327.50 after rallying 3.22%. The company saw a total traded volume of 28,600 shares during the market day.