|
| Exchange Received Time 08/05/2018 11:41:55 Exchange Disseminated Time 08/05/2018 11:41:59 Time Taken 00:00:04 | We are hereby submitting the Statement of Deviation or Variation for our proposed Right Issue of the Company.
i) Deviation, if any in the use of proceeds from the object stated in the offer documents.
- There is no deviation in the use of proceeds from the object stated in the offer documents.
ii) Category wise variation between projected utilization of funds made in offer document and the actual utilization of funds are as follow:
(Rs. in Lakh)
Sr. No. Particulars Projected utilization of funds as per offer document Actual utilization of funds till 31st March, 2018
1. Working Capital Requirements 2300.00 2727.04
2. Adjustment of Unsecured Loans against the entitlement including additional subscription 2500.00 2500.00
3. General Corporate purpose 1030.00 615.00
4. Issue related expenses 170.00 127.76
Total 6000.00 5969.80
Note: Actual Issue related expenses and General Corporate expenses incurred Rs. 742.76 Lakh and Balance amount is used for Working Capital Requirement.
|
|
|