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Faze Three Ltd. — Capital/Financing Update 2023
Aug 17, 2023
62686_rns_2023-08-17_9b4643a0-7b46-4a34-90a8-f354b963e7b5.pdf
Capital/Financing Update
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August 17, 2023
To,
| BSE Limited | National Stock Exchange of India Limited |
|---|---|
| Department of Corporate Services, | Listing Compliance Department, |
| P. J. Towers, Dalal Street, | Exchange Plaza, Plot No. C/ 1, G Block, |
| Mumbai – 400 001. | Bandra Kurla Complex, Bandra (E), Mumbai – 400 051. |
| Scrip Code: 530079 | Symbol: FAZE3Q |
Dear Sir/Ma’am,
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that, Mats and More Private Limited, a Wholly Owned Subsidiary of Faze Three Limited, has acquired an existing factory premises from Basell Polyolefins India Private Limited situated at Aurangabad vide Deed of Assignment executed on August 17, 2023. The cost of acquisition for the said premises is INR 51.6 million and has an area of 10,500 sq. meter.
The said acquisition empowers the Company to pursue a growth plan for the category of outdoor and performance mats including patio mats. The said acquisition is part of the planned expansion as updated in the quarterly investor presentations from time to time.
You are requested to kindly take the same on record and bring it to the notice of your constituents.
Thanking you,
Yours Sincerely, For Faze Three Limited
SAMRUDDHI Digitally signed by SAMRUDDHI SANJEEV SANJEEV VARADKAR Date: 2023.08.17 21:29:59 VARADKAR +05'30' Samruddhi Varadkar Company Secretary & Compliance Officer M. No.: A57168
FAZE THREE LIMITED (CIN: L99999DN1985PLC000197) Regd. Office: Survey 380/1, Khanvel Silvassa Road, Dapada, Silvassa – 396 230, UT of D&NH Corporate Office: 63/64, 6[th] Floor, Wing C, Mittal Court, Nariman Point, Mumbai - 400021.
Tel. : 91 (22) 43514444, 66604600 * Fax : 91 (22) 24936811 * E-mail : [email protected] * Website : www.fazethree.com