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| Exchange Received Time 21/07/2017 19:02:14 Exchange Disseminated Time 21/07/2017 19:02:20 Time Taken 00:00:06 | Pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements, we hereby confirm that there has been no deviation in the use of IPO Proceeds from the object stated in the prospectus dated 27th March, 2017.
Please see below statement of the utilization of the IPO proceeds as on 30th June, 2017 for your reference.
Particulars Amount in Rs.
Gross Proceeds from IPO -A 45,00,12,940
Less: Share Issue Expenses-B 2,69,84,539
Net Proceeds from IPO -C = (A-B) 42,30,28,401
Less: Amount utilised for the purpose received-D 42,30,28,401
Balance -E =(C-D) Nil
We request you to please take the above on record.
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