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A B INFRABUILD LIMITED — Capital/Financing Update 2025
Feb 13, 2025
59053_rns_2025-02-13_7a3d06d8-8e35-46fa-8dc9-46eea38ffdb5.pdf
Capital/Financing Update
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Date: 13[th] February, 2025
To,
Manager - Listing Compliance Corporate Relationship Department, National Stock Exchange of India Limited BSE Limited, ‘Exchange Plaza’. C-1, Block G, P.J. Towers, Dalal Street, Bandra Kurla Complex, Bandra (E), Fort, Mumbai - 400001 Mumbai - 400 051 Scrip Code: 544281 Symbol: ABINFRA
Dear Sir/Madam,
Subject: Statement of deviation or variation for the quarter ended 31[st] December, 2024.
Pursuant to Regulation 32(1) of the SEBI (LODR) Regulations, 2015 as amended read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, please find enclosed herewith the Statement of Deviation(s) or Variation(s) in respect of utilization of funds raised through Rights Issue and Preferential Issue on Conversion of Share Warrants into Equity Shares for the quarter ended 31[st] December, 2024.
Further, we hereby confirm that there is no deviation or variation in the utilisation of funds raised through Rights Issue and Preferential Issue on Conversion of Share Warrants into Equity Shares.
Kindly take this in your records.
Thanks & Regards,
Yours Sincerely,
For A B Infrabuild Limited
Digitally signed by SUTHAR AMRIT SUTHAR AMRIT PRAKASHCHAN PRAKASHCHANDRA DRA Date: 2025.02.13 22:20:51 +05'30'
Amrit Suthar
Company Secretary and Compliance Officer
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Statement of Deviation / Variation in utilization of funds raised
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Name of listed entity A B Infrabuild limited
Mode of Fund Raising Right Issue
Date of Raising Funds 15 [th] October, 2024
Amount Raised Rs. 9.95 Crores
Monitoring Agency N.A.
Monitoring Agency Name, if applicable N.A.
Is there a Deviation / Variation in use of N.A.
funds raised
If yes, whether the same is pursuant to N.A.
change in terms of a contract or objects,
which was approved by the shareholders
If Yes, Date of shareholder Approval N.A.
Explanation for the Deviation / Variation N.A.
Comments of the Audit Committee after N.A.
review
Comments of the auditors, if any N.A.
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| Objects for which funds have been raised and where there has been a deviation, in the following table: | Objects for which funds have been raised and where there has been a deviation, in the following table: | Objects for which funds have been raised and where there has been a deviation, in the following table: | Objects for which funds have been raised and where there has been a deviation, in the following table: | Objects for which funds have been raised and where there has been a deviation, in the following table: | Objects for which funds have been raised and where there has been a deviation, in the following table: | |
|---|---|---|---|---|---|---|
| Original Object | Modified Object, if any |
Original Allocation |
Modified allocation, if any |
Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object |
Remarks if any |
| To part finance Working capital of the Company. |
N.A. | Rs. 750.00 Lakhs |
N.A. | Rs. 750.00 Lakhs | N.A. | N.A. |
| To meet General corporate purposes. |
N.A. | Rs. 224.89 Lakhs |
N.A. | Rs. 224.89 Lakhs | N.A. | N.A. |
| To meet the expenses of the Issue. |
N.A. | Rs. 20.00 Lakhs |
N.A. | Rs. 20.00 Lakhs | N.A. | N.A. |
Deviation or variation could mean:
a) Deviation in the objects or purposes for which the funds have been raised or
b) Deviation in the amount of funds actually utilized as against what was originally disclosed or
- c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc.
Kindly take the same on your record.
For A B Infrabuild Limited
SUTHAR AMRIT Digitally signed by SUTHAR AMRIT PRAKASHCHA PRAKASHCHANDRA Date: 2025.02.13 NDRA 22:21:13 +05'30'
Amrit Suthar
Company Secretary and Compliance Officer
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Statement of Deviation / Variation in utilization of funds raised
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Name of listed entity A B Infrabuild limited
Mode of Fund Raising Preferential Issue
Date of Raising Funds 12 [th] November, 2024
Amount Raised 28,25,28,000
Monitoring Agency N.A.
Monitoring Agency Name, if applicable N.A.
Is there a Deviation / Variation in use of N.A.
funds raised
If yes, whether the same is pursuant to N.A.
change in terms of a contract or objects,
which was approved by the shareholders
If Yes, Date of shareholder Approval N.A.
Explanation for the Deviation / Variation N.A.
Comments of the Audit Committee after N.A.
review
Comments of the auditors, if any N.A.
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Objects for which funds have been raised and where there has been a deviation, in the following table:
| Original Object | Modified Object, if any |
Original Allocation |
Modified allocation, if any |
Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object |
Remarks if any |
|---|---|---|---|---|---|---|
| To part finance Working capital of the Company, meet General corporate purposes |
N.A. | Rs. 28,25,28,000 | N.A. | Rs. 28,25,28,000 | N.A. | N.A. |
Deviation or variation could mean:
a) Deviation in the objects or purposes for which the funds have been raised or
b) Deviation in the amount of funds actually utilized as against what was originally disclosed or
c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc.
Kindly take the same on your record.
For A B Infrabuild Limited
Digitally signed by SUTHAR AMRIT SUTHAR AMRIT PRAKASHCHAN PRAKASHCHANDRA DRA Date: 2025.02.13 22:21:29 +05'30'
Amrit Suthar
Company Secretary and Compliance Officer