Sathlokhar Synergys E&C Global Board Approves Financial Results and Appoints Internal Auditor

Sathlokhar Synergys E&C Global Board Approves Financial Results and Appoints Internal Auditor​

Sathlokhar Synergys E&C Global Limited announced on May 28, 2026, that its Board of Directors convened a meeting to consider and approve the company’s financial records for the year and quarter ended March 31, 2026.

The company, which operates in the construction of buildings and infrastructure facilities, including Industrial, Commercial, Institutional, Pharma, Hospitals, Hotels, and Solar Power Projects, also manages electrical utilities (HT & LT Contractors, HVAC, FPS, PHE, IBMS, Utility Projects).

Board Approvals and Governance​

During the meeting held on May 28, 2026, the Board formally approved several key items:

• The Audited Financial Statements and audited results for the quarter and year ended March 31, 2026.
• The Board’s Report for the year ended March 31, 2026.
• The appointment of M/s. R. Raman & Co., Chartered Accountants, as the Internal Auditor for the financial year 2026-27.
• The Board took note of the Statement of variation or deviation in the utilization of proceeds from the Preferential Issue for the quarter and year ended March 31, 2026, noting nil variation in utilization.

Financial Results Overview (Year Ended March 31, 2026)​

The company presented its financial position and performance through restated financial statements, reflecting results for the period ended March 31, 2026, compared to the previous year.

According to the Balance Sheet data (amounts in € Lakhs, unless otherwise stated):


The Statement of Cash Flows (amounts in € Lakhs, unless otherwise stated) showed that Net Cash generated from Operating Activities (A) was a negative 16,295.14 for the year ended March 31, 2026, compared to -9,639.39 in the prior year.

Equity and Capital Transactions​

The company detailed its utilization of funds from a Preferential Issue of Convertible Warrants and Equity Shares. The total proceeds received were 93,23,56,700.

The funds were allocated across three objectives:


The company reported no deviation or variation in the use of these proceeds for the quarter ended March 31, 2026.

Audit Opinion​

The company also provided an Independent Auditor's Report, wherein the auditors issued an opinion stating that the financial results give a true and fair view in conformity with the recognition and measurement principles laid down in Indian Accounting Standard 34 'Interim Financial Reporting'.

The appointment of M/s. R. Raman & Co., Chartered Accountants, as the Internal Auditor was formalized through a certificate of appointment, effective May 28, 2026, for the financial year 2026-27.

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Disclaimer: The financial statements and reports provided are based on the data supplied in the source material.

SSEGL Stock Price Movement​

Shares of Sathlokhar Synergys E&C Global Limited on Wednesday slipped by 0.15% to settle at ₹398.25. The equity traded on a volume of 42,800 shares during the session.