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| Exchange Received Time 30/04/2018 16:29:45 Exchange Disseminated Time 30/04/2018 16:29:49 Time Taken 00:00:04 | The Company has allotted 13,52,000 equity shares of the face value of Rs.10-/ per equity share at an issue price of Rs.30/-(Inclusive of security premium of Rs. 20/- per equity share through initial public offer(IPO).The purpose and object of the issue were to meet Capital expenditure, working capital requirement, General Corporate purpose and to meet the issue expenses.
Pursuant to Regulation 32(1) of SEBI (Listing obligation and disclosure requirements) regulation, 2015 We hereby state that there has been no deviation(s) or variation(s) in the utilization of public issue proceeds and entire fund raised from the above said issue has been utilized for the purpose for which they were issued.
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