Compuage Infocom Ltd — Capital/Financing Update 2023

Jan 23, 2023

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23[rd] January, 2023

To, The Corporate Services Dept., BSE Ltd., Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001. Security Code: 532456 ISIN: INE070C01037

National Stock Exchange of India Ltd., Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051.

Symbol: COMPINFO

Sub: Statement on deviation or variation in the use of proceeds of Rights Issue

Dear Sir / Ma’am,

Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, it is hereby confirmed that there is no deviation or variation in the use of proceeds, from the objects stated in the Letter of Offer dated 7[th] November, 2022, for Issue of Equity Shares on a Rights Basis to the Eligible Equity Shareholders of the Company.

A statement confirming that there is no deviation or variation in the utilisation of these proceeds, duly reviewed and approved by the Audit Committee at its meeting held today, i.e., 23[rd] January, 2023, is enclosed.

Kindly take the same on records and oblige.

Thanking you,

Yours faithfully,

For Compuage Infocom Limited,

Digitally signed by HASTI HASTI DEEPAK PALA DEEPAK PALA Date: 2023.01.23 14:07:06 +05'30' _________________________

Hasti Pala Company Secretary

Place: Mumbai Encl.: As above.

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STATEMENT OF DEVIATION / VARIATION IN UTILIZATION OF FUNDS RAISED — (Annexure A to SEBI circular no. CIR/CFD/CMD1/162/2019 dated December 24, 2019)

Name of listed entity		Compuage Infocom LimitedCIN: L99999MH1999PLC135914	Compuage Infocom LimitedCIN: L99999MH1999PLC135914
Mode of Fund Raising		Public Issues / Rights IssuesPlacement	/ Preferential Issues / QIP / Others- Private
Date of Raising Funds, i.e., Date ofAllotment		08-12-2022
Amount Raised		₹41.58 Crores
Report filed for Quarter ended		December 31, 2022
**Monitoring Agency **		Applicable/ Not applicable
Monitoring Agency Name, if applicable		NA
Is there a Deviation / Variation in use offunds raised		Yes/ No
If yes, whether the same is pursuant tochange in terms of a contract or objects,which was approved by theshareholders		NA
If Yes, Date of Shareholder Approval		NA
Explanation for the Deviation /Variation		NA
Comments of the Audit Committee afterreview -		The Audit Committee duly reviewed the statement of utilisation of funds.
**Comments of the auditors, if any **		No Comments
Objects for which funds have beenraised and where there has been adeviation, in the following table		To augment the working capital requirements of the Company and generalcorporate purposes

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OriObj	ginalect			ModifiedObject, ifany	OriginalAllocation		Modifiedallocation, if any	FundsUtilised		Amount ofDeviation /Variationfor thequarter	Remarks, if any
										accordingtoapplicableobject
To athecapireqs ofComandcorppur	ugmentworkingtaluirementthepanygeneralorateposes	k	enting	NA	₹41.5	8 Crores	--	₹38.0	4 Crores	--	₹41.58 Crores were raisedIssue of Equity Shares hvalue of₹2/- each at an is₹20 h ildi	Rightsg faceprice ofium atequityy (date, out ofutilised2-2022.
Dev	iation or variation could mean:
(a)	Deviation in the objects orpurposesfor which thefunds have been raised or
(b)	Deviation in the amount of funds actually utilized as against what was originally disclosed or
(c) C	hange in terms of a contract referred to in thefund raising document i.e.prospectus, letter of offer, etc
	Kindly take the note of above information on your recordsYours faithfully,For Compuage Infocom Limited,

Kindly take the note of above information on your records

Yours faithfully,

For Compuage Infocom Limited, HASTI Digitally signed by HASTI DEEPAK PALA DEEPAK PALA Date: 2023.01.23 14:07:25 +05'30' _____________________________ Hasti Pala Company Secretary

Place: Mumbai

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