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Dynamic Cables Limited — Interim / Quarterly Report 2025
Jan 28, 2025
61784_rns_2025-01-28_d6fce567-5f2d-4dfb-aa62-c6646cf1c983.pdf
Interim / Quarterly Report
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Naina
Naina Digitally signed by Naina Gupta Date: 2025.01.28 Gupta 18:00:59 +05'30'
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A. Unaudited Financial Results for the quarter and nine months ended December 31, 2024
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Dynamic Cables Limited
(Govt. Recognized TWO STAR Export House) (An ISO 9001:2015, 14001:2015 & 45001:2018 Company)
B. STATEMENT OF DEVIATION / VARIATION IN UTILISATION OF FUNDS RAISED:
Statement of Deviation / Variation in utilisation of funds raised
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----- Start of picture text ----- Name of listed entity Dynamic Cables LimitedMode of Fund Raising Public Issues / Rights Issues / Preferential Issues / QIP / OthersDate of Raising Funds June 21, 2024 (being the date of allotment)Amount Raised (Rs. In Crores) Rs. 96.588 CroresReport filed for Quarter ended December 31, 2024Monitoring Agency applicable / Not applicableMonitoring Agency Name, if applicable Not ApplicableIs there a Deviation / Variation in use of funds raised NoIf yes, whether the same is pursuant to change in terms of Not Applicablea contract or objects, which was approved by theshareholdersIf Yes, Date of shareholder Approval Not ApplicableExplanation for the Deviation / Variation Not ApplicableComments of the Audit Committee after review Audit Committee has noted that there is no deviation/variation in utilization ofissue proceedsComments of the auditors, if any No CommentObjects for which funds have been raised and where there has been a deviation, in the following tableOriginal Object Modified Original Modified Funds Amount of Remarks,Object, if Allocation allocation, Utilised Deviation/ if anyany(Rs. in if any (Rs. in Variation forCrores) Crores) the quarteraccordingto applicableobjectTo meet working capital requirements, The utilization of the funds hasReduction of working capital borrowings, been in accordance with theterm loan repayment or/and any other Not Rs. 96.588 Not Rs. 60.025 NIL objects and there has been nooutstanding debt, To meet the long-term Applicable Applicable deviation for which the funds havefund requirements of the Company, for been raised.expansion of business and General and unutilized funds have beencorporate purpose or such other objects, as temporarily Invested in Liquidthe Board may from time to time decide in Fund.the best interest 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, etcFor Dynamic Cables Ltd.Naina Digitally signed by Naina GuptaDate: 2025.01.2818:01:21 +05'30'GuptaNaina GuptaCompany Secretary and Compliance Officer----- End of picture text -----
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CIN: L31300RJ2007PLC024139
Regd. Office & Unit-1: F-260, Road No.13, VKI Area, Jaipur-302013 (INDIA) Tel: +91 141 2262589, 4042005 |Fax: +91 1412330182; Email: [email protected]
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