Disclosure Of Statement Of Deviation Or Variation As Per Regulation 32(1) Of SEBI (Listing Obligations And Disclosure Requirements) Regulation, 2015 For The Quarter Ended 30Th September, 2017

• Security Code: 532719
• Company: BLKASHYAP

Pursuant to regulation 32(1) of SEBI (Listing obligations and Disclosure requirements) Regulations, 2015, we submit that there is no deviation in use of the proceeds aggregating to ` 41.66 Crores received from the issue and allotment of 10,000,000 equity shares and 10,000,000 equity warrants (received 25% of issue price i.e. ` 8.33 Crores) to non-promoter entities on preferential basis in pursuance of the approval of the shareholders accorded through postal ballot dated 26th July, 2017, from the Objects of the issues stated in the explanatory statement to notice of Postal Ballot dated 26th June, 2017.