Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the statement of utilization of funds, raised through preferential issue(s), as at December 31, 2018, is as under:
Amount (Rs. in Cr)
Amount raised under Preferential Issue(s) 210.21
Investment of available funds in interest bearing instruments/deposits till deployment for stated
The above statement was placed before the Audit Committee of the Company, in its meeting held on January 29, 2019, wherein the Committee reviewed the same and approved it for submission with the Stock Exchanges, without any comment thereon.
Please take the same on your records.