Statement Of Deviation(S) Or Variation(S) Pursuant To Regulation 32 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015.

• Security Code: 541303
• Company: AKSHAR

Pursuant to Regulation 32 (1) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), Kindly find enclosed here with the statement of deviation or variation in use of IPO Proceeds as on 30.09.2018 (Half Year ended).
With the reference to above captioned subject we would like to inform to the exchange that the company has obtained the certificate from CA HB Kalaria & Associates for better compliance. Kindly find enclosed of the same.
The company hereby declared that the company has utilized all its fund of Initial Public offer for the object as stated in the offer document. It is further informed that as the company has fully utilized the Proceed of Initial Public Offer for the object as stated in the offer documents, the declaration under regulation 32 is not required to give hereinafter as per Regulation 2 (32) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Kindly take on Your Records