Mold-Tek Packaging Limited — Capital/Financing Update 2021

Jan 19, 2021

ory MOLD-TEK Ua a ' . 6 eticatin ot = Packaging Limited (Formerly known as Moldtek Plastics Ltd.)

ory Ua a eticatin			MOLD-TEK ' ot = Packaging Limited
	Date: 19" January, 2021
	To, The Manager, Department of Corporate Services, BSE Ltd., Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400001. Scrip Code : 533080	To, The Manager, Bandra (E), Mumbai-400051. Ref: MOLDTKPAC	National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex, - EQ
	Dear Sir,
	Sub: Statement of deviation or variation in the use of proceeds of Rights Issue: Regulation Pursuant 32 of the to Requirements) Regulations, 2015, we variation in the use of proceeds, from the objects stated in the Letter of Offer for Rights Issue of the Company, dated 17" October, 2020.	SEBI (Listing hereby confirm that	Obligations Disclosure and deviation there no or is
	A statement of deviation or variation, stating that there is no deviation or variation in the utilisation of these proceeds, duly reviewed by the Audit Committee, is attached.
	Kindly take the above information on record. Thanking you,
	ie CKAGING LIMITED For MOLD-TEK.P (Company Secretary)

Sub: Statement of deviation or variation in the use of proceeds of Rights Issue:

For MOLD-TEK.P CKAGING LIMITED ie (Company Secretary)

Corporate Office : Plot # 700, Road No. 36, Jubilee Hills, Hyderabad - 500 033, Telangana, INDIA. Phone : +91-40-40300300, Fax : +91-40-40300328, E-mai |: ir@moldtekindia.com Website : www.moldtekgroup.com GIN No: L21022TG1997PLC026542

STATEMENT OF DEVIATION / VARIATION IN UTILISATION OF FUNDS RAISER FOR ss Li) THE QUARTER ENDED 31°" DECEMBER, 2020,

							MOLD-TEK
	180 9001:2015 PSS ty
	Tait 0) '						Packaging Limited
	STATEMENT OF DEVIATION / VARIATION IN UTILISATION OF FUNDS RAISER		THE QUARTER ENDED 31°" DECEMBER, 2020,				FOR
S No.	Name of listed entity		Mold-Tek Packaging Limited
1.	Mode of Fund Raising		Rights Issues
3	2. _ Date of Raising Funds #Amount Raised		28" October, 2020 to 11" November, 2020 Rs. 1,782.60				Lakhs (Equals 25% of Total Rights issue amount)
4.	(Refer Notes) Report filed for Quarter		315' December, 2020				(Total amount to be raised under Rights issue is Rs. 7,130.44 Lakhs)
	ended
5.__ 6.	Monitoring Agency Monitoring Agency Name, if Not Applicable		Not Applicable
7.	applicable Is there a Deviation /		No
	Variation in use of funds raised
8.	If yes, whether the same is pursuant to change in terms		Not Applicable
	of a contract or objects, which was approved by the
	shareholders
9.	If Yes, Date ofshareholder Approval		Not Applicable
	10. Explanation for the Deviation / Variation		Not Applicable
	11. Comments of the Audit Committee after review		Noted
	12. Comments of the auditors, if None any
	13. Objects for which funds have There are no deviations been raised and where there
	has been a deviation, in the
	following table
	14, Original Object		Modified Original		Modified	Funds	Amount of Object, Allocation allocation, Utilised Deviation/Variation if any	Remarks
		if any			if any		for the quarter according to
	Repayment/prepayment NA		1,782.60		NA	1,782.60 NIL	applicable object
	working certain of borrowings capital		lakhs			lakhs		None
	of
	our Company, in full or
	General part/ in corporate purposes

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

#Notes:

• 1. The company has received Rs. 2,49,89,850 on issue of 5,55,330 Partly paid up Equity Shares @ Rs. 45/- per Partly Paid up Equity Share i.e., 25 % of issue price of Rs. 180/- per Rights Equity Share.
• 1. Whereas the company has received Rs. 15,32,71,080 on 33,31,980 Detachable warrants @ Rs.46/- per detachable warrant i.e., 25 % of issue price of Rs. 184/- per detachable warrant.
• 1. Total amount received up on issue of 5,55,330 Partly paid up Equity Shares & 33,31,980 Detachable warrants is Rs. 17,82,60,930 on application.

For MOLD-TEK PACKAGING LIMITED

(Company Secretary) \ A