Elin Electronics Limited — Capital/Financing Update 2024

Feb 13, 2024

Name of listed entityModeofFundRaisingDateofRaisingFundsAmountRaised	Elin Electronics Limited
	Public Issues i.e. Initial Public Offer (IPO)
	December 30, 2022
	INR 4750 Million (including Fresh Issue of
	INR 1750 Million)
Report filed for Quarter endedMonitoringAgencyMonitoringAgencyName,if applicableIsthereaDeviation/Variationinuseof	December 31, 2023
	Applicable
	Axis Bank Limited
	No
funds raised
If yes, whether the same is pursuant to	Not Applicable
change in terms of a contract or objects,
which was approved dy the shareholdersIfYes,DateofshareholderApprovalExplanationfortheDeviation/Variation
	Not Applicable
	Not Applicable
Comments of the Audit Committee afterreview	No Comments
Comments of the auditors, if any	No Comments

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OriglnalObject	ModifledObject, if	OrlgmalAllocation	Modifiedallocation'	FundsUtilisedI	Amount ofDeviatiolv	Remarks if any
	any		if any		Variation forthequarteraccordingtoapplicableObject
Repayment/	Not	INR	INR 880.00	INR	Not applicable	Till 31.12.2023 the
prepayment,in full or	apphcableNot	880.00Mimon	Million	880.00Million		Company hasutilized INR 880
part, ofcertainborrowingsavailedofbyOurCompany				(Note-1)I		Mimon (INR 584.12Mimonduring30.06.2023andINR295.88Milliontill31.03.2023
Fundmgcapitalexpendituretowardsupgradingandexpandingourexistingfacilitiesat(i)Ghaziabad,UttarPradesh,and(ii)Verna'GoaG1	applicable	INR375.89Million	INR 375.89Million	INR 87.12Million(Note-2)	Not applicable	Till 31.12.2023 theCompany hasutilized INR 87.12Million(INR78.50Millionduring31.12.2023andINR8.62Milliontill30.09.2023
eneracorporate	Notapplicable	INR390.24	INR 395.63	INR	Not applicable	Till 31.12.2023 the
purposes		Million	Million I	395.63Million(adjustedbasedonthefinalshareofcompany'sshareinissueexpenses)		Company hasutilizedINR395.63Mimon(INR390.24till31.03.2023andINR5.39Millionduring30.06.2023adjustedbasedonthefinalshareofcompany'sshareinissueexpenses
Total		INR	INR	INR
		1646.13	1651.52	1362.75
		Mimon	Million	Million
						ofz?in MF,n` Rife.
Deviation or variation could		mean:			#G,S#:=., :t,::,,¥,\RA
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