Disclosure Of Statement Of Deviation(S) Or Variation(S) As Per Regulation 32(1) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

• Security Code: 513472
• Company: SIMPLEXCAS

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 Rs 61.72 Lacs ( 25% of the issue price ) received from the issue and allotment of 154300 Warrants on 03/04/2018 to Non Promoters on Preferential Basis in pursuance of the approval of the Shareholders accorded through Postal Ballot Dated 24th March , 2018 from the Objects of the issue stated in the Explanatory Statement to Notice of Postal Ballot Dated 15th February, 2018.