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Supershakti Met
BSE: 541701NSE: ISIN: INE00SY01011

30th-May-2019 12:49Source: BSE

Supershakti Metaliks Ltd - Regulation 32 Of SEBI (LODR) Statement Of Variation Or Deviation

This is to put to your kind information that pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 there has been no Deviation or Variation in the use of Proceeds from the Object stated in the Offer Document.

The Company had raised fund through IPO amounting to Rs. 3000.75 Lacs and out of the said funds Rs. 30.64 Lacs have been used towards Share Issue Expenses, Rs. 634.40 Lacs have been kept in Fixed Deposits to be utilized for General Corporate purpose and balance amount has been utilized towards Working Capital Requirements.

The above utilization have been discussed and taken on record in the Audit Committee Meeting and the same was disclosed in Note No. 4 of Audited Financial Results for the Half Year and Financial Year ended on 31 March, 2019 filed with the Exchange on 28/05/2019, bearing Acknowledgement No. 731667.
You are requested to kindly take above information on your record.

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