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Data Patterns (India) Limited — Regulatory Filings 2023
May 15, 2023
59610_rns_2023-05-15_2fbf23bd-2465-4bd3-aff7-7d6b0602d2e0.pdf
Regulatory Filings
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SEC/SE/017/2023-24
Date: May 15, 2023
| ToNational Stock Exchange of India LimitedExchange Plaza, Bandra Kurla Complex,Bandra(E),Mumbai -400051NSE Symbol- DATAPATTNS | ToBSE Limited25thFloor, P.J. Towers,Dalal Street,Mumbai- 400 001Company Code: 543428 |
|---|
Sub: Submission of The Statement of Deviation pursuant To Regulation 32 For The Quarter Ended March 31, 2023 as Per SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015
Dear Sir/Madam,
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby confirm that there is no deviation or variation in the use of proceeds, from the objects stated in the Letter of Offer for Intial Public Offer and Placement Document for Qualified Institutional Placement of the Company. A statement confirming that there is no deviation or variation in the utilisation of these proceeds is attached.
You are requested to take the above on record and oblige.
Thanking you
For Data Patterns (India) Limited
R PRAKAS H
Digitally signed by R PRAKASHDN: C=IN, O=Personal, T=9128, OID.2.5.4.65=133283683385699836vi1gMV9CPrTc5k, Phone=d455dbf58e115c699d1cb8053d36d3b7547167fd76fac39fdb0e4ed68481ea8a, PostalCode=600056, S=Tamil Nadu, SERIALNUMBER=1b19a13c76cd9d9f071e99f95fc6c0d7faf39ec674abf4165f87d30c29e11eb3, CN=R PRAKASHReason: I am the author of this documentLocation: your signing location hereDate: 2023-05-15 19:43:38Foxit Reader Version: 10.0.1
Prakash R Company Secretary and Compliance Officer Membership No. A34652
Encl: as above
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| Statement of Deviation for IPO | |
|---|---|
| Mode of Fund Raising | Public Issues |
| Description of mode of fund raising | |
| (Applicable in case of others is selected) | |
| Date of Raising Funds | 22-12-2021 |
| Amount Raised (in Rs. Crores) | 648.224 |
| Report filed for Quarter ended | 31-03-2023 |
| Monitoring Agency | Applicable |
| Monitoring Agency Name, if applicable | HDFC Bank Limited |
| 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 | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | |
| Comments of the Audit Committee after review | Nil |
| 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:
| Sr. | Original Object | Modified Object, if any | OriginalAllocation | Modifiedallocation, ifany | Funds Utilised | Amount ofDeviation/Variation for thequarter according toapplicable object | Remarks ifany | |
|---|---|---|---|---|---|---|---|---|
| 1 | Prepayment or repayment of outstanding borrowingsavailed by our Company | Nil | 60.080 | 0.000 | 60.080 | 0.000 | ||
| 2 | Working capital requirements (Including DividendPayment) | Nil | 95.190 | 0.000 | 66.680 | 0.000 | ||
| 3 | Upgradation and expansion of existing facility | Nil | 59.840 | 0.000 | 38.370 | 0.000 | ||
| 4 | General Corporate purposes | Nil | 66.310 | 0.000 | 65.080 | 0.000 |
| Statement of Deviation for QIP | Statement of Deviation for QIP |
|---|---|
| Mode of Fund Raising | QIP |
| Description of mode of fund raising(Applicable in case of others is selected) | |
| Date of Raising Funds | 13-03-2023 |
| Amount Raised (in Rs. Crores) | 499.999 |
| Report filed for Quarter ended | 31-03-2023 |
| Monitoring Agency | Applicable |
| Monitoring Agency Name, if applicable | ICRA Limited |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change interms of a contract or objects, which was approvedby the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | |
| Comments of the Audit Committee after review | Nil |
| 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:
| Sr. | Original Object | Modified Object, if any | OriginalAllocation | Modifiedallocation, ifany | Funds Utilised | Amount of Deviation/Variationfor the quarter according toapplicable object | Remarks ifany |
|---|---|---|---|---|---|---|---|
| 1 | Funding working capital requirements of our Company | Nil | 168.000 | 0.000 | 0.000 | 0.000 | |
| 2 | Investment in product development by our Company | Nil | 167.240 | 0.000 | 0.000 | 0.000 | |
| 3 | Repayment/ prepayment, in full or part, of certainborrowings availed by our Company | Nil | 25.000 | 0.000 | 25.000 | 0.000 | |
| 4 | Funding capital expenditure towards setting up an EMI-EMC Testing Facility | Nil | 15.230 | 0.000 | 0.000 | 0.000 | |
| 5 | Funding acquisition of land (including building) | Nil | 7.750 | 0.000 | 0.000 | 0.000 | |
| 6 | General corporate purposes | Nil | 104.510 | 0.000 | 0.000 | 0.000 |