Cambridge Technology Enterprises Ltd. — Capital/Financing Update 2021

Feb 10, 2021

==> picture [108 x 46] intentionally omitted <==

February 10, 2021

To, Corporate Relationship Department, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001

To, The Listing Department, National Stock Exchange of India Ltd Exchange Plaza, Plot No/C/1, G Block Bandra Kurla Complex , Bandra (East), Mumbai – 400 051

Dear Sir,

Sub: Statement of utilization of funds for the quarter and nine months ended December 31, 2020 Ref: Regulation 32 of the Listing Regulations.

Dear Sir/Madam,

With reference to the above, please find enclosed herewith the Statement of utilization of funds raised through Preferential Issue of Convertible Share Warrants by the Company under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as on December 31, 2020, reviewed by the Audit Committee and further taken on record by the Board at its meeting held today i.e. February 10, 2021.

We request you to kindly take the above on record.

Thanking you,

Yours faithfully,

For Cambridge Technology Enterprises Limited

ASHISH Digitally signed by ASHISH BHATTAD BHATTAD Date: 2021.02.10 16:30:07 +05'30'

Ashish Bhattad (Company Secretary & Compliance Officer)

Registered & Corporate Office: Cambridge Technology Enterprises Limited

Unit No 04 - 03, Level 4, Block 1 Cyber Pearl, Hitec City, Madhapur Hyderabad - 500 081, Telangana, India. Tel:+91-40-4023-4400 Fax:+91-40-4023-4600

Bengaluru

Vakil Square Unit #1, Rear wing Fifth Floor, Bannerghatta Road, Bangalore - 560 076, Karnataka, India. Tel: +91-80-4633-4400 Fax:+91-80-4299-5779

Mumbai

Level 4, A Wing, Dynasty Business Park Andheri Kurla Road, Andheri (E) Mumbai - 400 059, Maharashtra, India. Tel:+91-226786-9410 Fax:+91-22-6786-9199

Chennai

AMARA SRI, situated at old No: 313, New No: 455, Block No: 75, 7[th] floor, Anna Salai Teynampet, Chennai 600018, Tamilnadu, India Tel: 040-40234400

www.ctepl.com

CIN: L72200TG1999PLC030997

==> picture [108 x 46] intentionally omitted <==

The statement of utilization of funds for thequarter ended December 31,2020:	The statement of utilization of funds for thequarter ended December 31,2020:
Statement of Deviation/ Variation in utilisation of funds raised
Name of listed entity	Cambridge TechnologyEnterprises Limited
Mode of Fund Raising	Preferential Issue of Convertible Share Warrants
Date of Raising Funds	January 07, 2020
Amount Raised	Rupees 2,68,11,427.50/-
Report filed for Quarter ended	December 31, 2020
Monitoring Agency	Not Applicable
Monitoring Agency Name, if applicable	Not Applicable
Is there a Deviation / Variation in use of funds raised	No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders	Not Applicable
If Yes, Date of shareholder Approval	Not Applicable
Explanation for the Deviation/ Variation	Not Applicable
Comments of the Audit Committee after review	There is no deviation/variation.
Comments of the auditors, if any	Nil
Objects for which funds have been raised and where there has been a deviation, in the following table

Digitally signed ASHISH by ASHISH BHATTAD BHATTAD Date: 2021.02.10 16:30:31 +05'30'

Registered & Corporate Office: Cambridge Technology Enterprises

Limited

Unit No 04 - 03, Level 4, Block 1 Cyber Pearl, Hitec City, Madhapur Hyderabad - 500 081, Telangana, India. Tel:+91-40-4023-4400 Fax:+91-40-4023-4600

Mumbai

Bengaluru

Vakil Square Unit #1, Rear wing Level 4, A Wing, Dynasty Business Fifth Floor, Bannerghatta Road, Park Andheri Kurla Road, Andheri Bangalore - 560 076, Karnataka, (E) Mumbai - 400 059, India. Maharashtra, India. Tel:+91-22Tel: +91-80-4633-4400 6786-9410 Fax:+91-80-4299-5779 Fax:+91-22-6786-9199

Chennai

AMARA SRI, situated at old No: 313, New No: 455, Block No: 75, 7[th] floor, Anna Salai Teynampet, Chennai 600018, Tamilnadu, India Tel: 040-40234400

www.ctepl.com

CIN: L72200TG1999PLC030997

==> picture [108 x 46] intentionally omitted <==

Original Object	Modified Object, if any	Original Allocation	Modified allocation, if any	Funds Utilised	Amount of Deviation/Variatio n for the quarter according to applicable object	Remarks if any
The Company requires infusion of funds to augment funding needs of the Company viz., to meet the working capital requirements, general corporate purposes, to support the future growth plans of the Company and to further invest in the subsidiaries. Infusion of further capital will enable the Company to grow further and realize the objectives more effectively.	Not Applicable	Rupees 2,68,11,427.50/-	Not Applicable	Rupees 2,68,11,427.50/-	Not Applicable	Nil

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.

For Cambridge Technology Enterprises Limited

ASHISH Digitally signed by ASHISH BHATTAD BHATTAD Date: 2021.02.10 16:30:47 +05'30'

Ashish Bhattad (Company Secretary & Compliance Officer)

Registered & Corporate Office: Cambridge Technology Enterprises Limited

Unit No 04 - 03, Level 4, Block 1 Cyber Pearl, Hitec City, Madhapur Hyderabad - 500 081, Telangana, India. Tel:+91-40-4023-4400 Fax:+91-40-4023-4600

Bengaluru

Vakil Square Unit #1, Rear wing Fifth Floor, Bannerghatta Road, Bangalore - 560 076, Karnataka, India. Tel: +91-80-4633-4400 Fax:+91-80-4299-5779

Mumbai

Level 4, A Wing, Dynasty Business Park Andheri Kurla Road, Andheri (E) Mumbai - 400 059, Maharashtra, India. Tel:+91-226786-9410 Fax:+91-22-6786-9199

Chennai

AMARA SRI, situated at old No: 313, New No: 455, Block No: 75, 7[th] floor, Anna Salai Teynampet, Chennai 600018, Tamilnadu, India Tel: 040-40234400

www.ctepl.com

CIN: L72200TG1999PLC030997