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| Exchange Received Time 20/10/2018 18:32:55 Exchange Disseminated Time 20/10/2018 18:33:03 Time Taken 00:00:08 | We are pleased to inform you pursuant to Regulation 32 of SEBI (listing Obligations and Disclosure Requirements) Regulation, 2015 that there is no deviation and/or variation in the utilization of issue proceeds, as mentioned in the prospectus of the company.
Company has utilised Rs. 5,00,000 for Acquisitions and Rs. 50,41,000 for paying expenses relating to Public Issue and the Balance Amount of Rs. 11,79,59,000 is still with company and required to be utilised.
The above Statements have been duly reviewed by Audit Committee of the company in its meeting.
It may be noted that there is no deviation in the utilization of Issue proceeds of IPO.
Kindly take the same on your record.
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