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Aakash Exploration Services Limited Capital/Financing Update 2019
59405_rns_2019-04-20_2b95e623-57f3-4cec-b314-0775ca28b432.pdf
Capital/Financing Update
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424, 4th Floor, Shukun Mall, 8th. Visat Pertol Pump, Sabarmati, Ahmedabad-380005, Gujarat - India. Phone: 079 - 48006633, 27573366 email: [email protected] www.aakashexploration.com
Date: 18/04/2019
To, National Stock Exchange OfIndia Ltd., Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai-400051
Scrip Symbol: AAKASH
Dear Sir,
Subject: Statement 0/deviation and/or variation in utilization o/public issue proceeds pursuant to Regulation 32 o/SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
With reference to the above captioned subject we hereby submit the Statement of deviation and/or variation in utilization of proceeds raised from Initial Public Offer (IPO) of the Company.
| (Rs. In lacs) | |||||
|---|---|---|---|---|---|
| Sr. | I Particulars | perAs | Actual | Unutilized | Deviation/s |
| No. | Prospectus | ofUtilisation | Issue | (ifany) | |
| IPOProceeds | Proceeds | ||||
| till 31.03.2019 | till | ||||
| 31.03.2019 | |||||
| of1. PaymentCash | 300.00 | 300.00 | Nil | Nil | |
| Credit Facility | |||||
| 2. Repaymentof | 200.00 | 200.00 | Nil | Nil | |
| Unsecured Loans | ! | ||||
| 3. | CapitalWorking | 208.00 | 208.00 | Nil | Nil |
| Requirement | |||||
| 4. GeneralCorporate | 250.00 | 250.00 | Nil | Nil | |
| Expenses | |||||
| 5. Issued Expenses | 50.00 | 50.00 | Nil | Nil | |
| Total | -r----tOoS.OO | 100S.00 | Nil | Nil |
The above statement has been duly reviewed by Audit Committee of the Company in its meeting.
It is to be noted that there is no Deviation in the utilization oflssue Proceeds of IPO.
orf'KASH EXPLORATION SERVICES LIMITED ~ ;; ~ . .
.--~ Hemang Haria Director DIN: 01690627