Pursuant to Reg.32(1) of SEBI (LODR) Regulations, 2015 and SEBI Circular No. CIR/CFD/CMD1/162/2019 Dtd. 24th December, 2019 issued by the SEBI, the Company hereby confirms, that there has been No deviation(s) or variation(s) in the use of public issue proceeds raised from the Initial Public Offer (IPO).
Hence Reg.32 of SEBI (LODR) Regulations, 2015 i.e.(Statement of Deviation or variation for proceeds of Public Issue, Right Issue, Preferential Issue, QIP) is not applicable to the Company.
You are requested to kindly note of the above in your records.
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