DCW Ltd. — Regulatory Filings 2021

Aug 2, 2021

DCWLIMITED
	August 02, 2021
To,National Stock Exchange of India Ltd.Exchange Plaza Bldg.5th Floor, Plot No.C-1'G' Block, Near Wockhardt,Bandra Kurla ComplexMumbai 400 051.Fax:26598237/38Symbol: DCWDear Sir(s)/ Madam,Statement of Deviation(s)Sub:or Variation(s)underRegulation202132ofObligationsDisclosureand(Listing("Listing Regulations")PursuantRegulationListing32toofCIR/CFD/CMDL/162/2019Decemberdatedherewith a "Statement of deviation(s)variation in the use of proceeds raised by the Company through Private Placementand Preferential Issue, for the quarter ended June 30, 2021 as "Annexure I & II".You are requested to take the above on record.Thanking You,Yours faithfully,'For DCW Lined	The BSE LimitedDepartment of Corporate Services,1st floor, New Trading RingRotunda Building,Phiroze Jeejeebhoy Towers,Dalal Street, Mumbai- 400 001.Fax : 22723121/3719/ 2037/2039Scrip Code500117:ended June 30,for the quarterExchangeBoardandSecuritiesIndiaofRequirements)Regulations,2015RegulationswithreadSEBICircularNo.enclosedplease2019,find24,confirming noor variation(s)"deviation or
ilip DarjiMarinasSr. General Manager (Legal) & Company SecretaryMembership No. ACS-22527

Sub: Statement of Deviation(s) or Variation(s) for the quarter ended June 30, 2021 under Regulation 32 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations")

DCW LIMITED

HEAD OFFICE : "NIRMAL" 3RD FLOOR, NARIMAN POINT, MUMBAI-400 021. TEL.: 2287 1914, 2287 1916, 2202 0743 TELEFAX: 22 2202 8838 REGISTERED OFFICE : DHRANGADHRA - 363 315 (GUJRAT STATE) Email: ho@dcwitd.com, Website: www.dcwltd.com, CIN-L24110GJ1939PLCL00748

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		A	nnextye-If
				DCW Limited
Statement of Deviation / Variation in utilisation of funds raisedName of listed entityMode of Fund Raising					Preferential Issues/ Private Placement(through issue of Non-Convertible Debentures)
Date of Raising Funds				March 05, 2021
				= 350 CroresJune 30, 2021
				Not Applicable
if applicable				Not ApplicableNo
				Not Applicable
				Not Applicable
				Not ApplicableNot Applicable
if any				Not Applicable
Original Object	Modified Object, Originalif any	Allocation	Modifiedallocation, if	FundsUtilised	Amount ofDeviation/ Variation for	Remarks ifany
		as on	any	till	the quarter according
		March 5,		June 30, 2021	to applicable object
Amount RaisedReport filed for Quarter endedMonitoring AgencyMonitoring Agency Name,Is there a Deviation / Variation in use of funds raisedIf yes, whether the same is pursuant to change in terms of a contract or objects,which was approved by the shareholdersIf Yes, Date of shareholder ApprovalExplanation for the Deviation / VariationComments of the Audit Committee after reviewComments of the auditors,Objects for which funds have been raised and where there has been a deviation, in the following tableThe proceeds from the issuance)	Not Applicable	2021350	Not Applicable	R 3,49,55,79,414/-	Not Applicable	No Deviations
shall be used by the Company		Crores
towards repayment of its existingworkingborrowings,fundto
capital of the Company or forsuch purposes or objects as mayIbe determined by the Board forthe business of the Company

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

(Chief Financial Officer

Date: July 30, 2021

"TF A in e yunre a i ;

		yunreAine	"TFai;
Statement of Deviation / Variation in utilisation of funds raisedName of listed entity				DCW Limited
Mode of Fund Raising				Preferential Issues	(through issue of warrants convertible into Equity shares)
Date of Raising FundsAmount Raised				April 07, 2021= 7,50,08,742
Report filed for Quarter ended				June 30, 2021
Monitoring AgencyMonitoring Agency Name,if applicable				Not Applicable
Is there a Deviation / Variation in use of funds raised				Not ApplicableNo
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
if any				Not ApplicableNot Applicable
Comments of the Audit Committee after reviewComments of the auditors,Objects for which funds have been raised and where there has been a deviation, in the following table
Original Object	ModifiedObject, ifany Allocation	Original	Modifiedallocation, if	FundsUtilised	Amount ofDeviation/ Variation	Remarks ifany
		as on April07, 2021	any	tillJune 30, 2021	forthe quarteraccording
The proceeds from the issuance	Not		% 7,90,08,742 Not Applicable	& 7,50,08,742	to applicable objectNot Applicable	No Deviations
lof Warrants (Equity Shares upon Applicableconversion of Warrants) shall be
lused by the Company towards
ithe working capital requirementsrepayment of itsandexisting
borrowings.

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

(Chief Financial Officer

Date: July 30, 2021