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Pursuant to Regulation 32(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Regulations 162A (4) and 173A(4) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 ( SEBI ICDR Regulations ), please find enclosed herewith the Monitoring Agency Reports issued by ICRA Limited, the Monitoring Agency, for the quarter ended 31st March, 2024 for the following:1. Utilization of proceeds raised through issuance of Fully Convertible Equity Warrants by way of Preferential Issue under Chapter V of SEBI ICDR Regulations ( Preferential Issue ); and2. Utilization of proceeds raised through issuance of Equity Shares by way of Qualified Institutions Placement under Chapter VI of SEBI ICDR Regulations ( QIP ).Further, the Monitoring Agency Reports for the quarter ended 31st March, 2024 will be placed before the Audit Committee and the Board of Directors of the Company at their next meeting. |
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