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| Exchange Received Time 02/10/2018 17:46:29 Exchange Disseminated Time 02/10/2018 17:46:36 Time Taken 00:00:07 | With the above captioned subject, we would like to inform you that the Company has formed the IPO Committee for Monitoring IPO Compliances and Utilizations of IPO Fund. The Committee was formed on 14th March, 2018. The Company came up with IPO as on 11th May, 2018 BSE SME Platform and Company has utilized Whole IPO Fund. Therefore the Board has Decided to Dissolution of IPO Committee due to the Purpose of IPO Committee has been accomplished. The same view has been also approved by IPO Committee on its Committee Meeting held on 29th September, 2018. The Board has also approved the same view as on 01st October 2018 in Board Meeting.
Further kindly Take note all the stakeholders of the Company that IPO Committee has been dissolved as w.e.f. 01st October, 2018.
We are herewith enclosed the Summary of Utilisation of IPO Fund.
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