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Shree Cements Ltd. Capital/Financing Update 2020
62875_rns_2020-05-08_6dabbd2e-bdd9-4ee6-a058-817e652aa40a.pdf
Capital/Financing Update
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CIN No. : L26943RJ1979PLC001935 Phone : 01462228101-6 Toll Free : 18001806003/6004 Fax: 01462228117/228119 E-Mail: [email protected] Website : www.shreecement.com
SHREE CEMENT LTD.
An ISO 9001,14001,50001 & OHS 18001 Certified Company Regd. Office: 8ANGUR NAGAR, POST 80X NO.33, 8EAWAR 305901, RAJASTHAN, INDIA
SCL/B WR/SE/2020-21/ 8th May, 2020
| FAX NO. 022 -26598237 / 26598238 | FAX NO. 022-22722041 / 22722061 |
|---|---|
| National Stock Exchange of India Limited,Exchange Plaza,Bandra -Kurla Complex, Bandra (East)MUMBAI-400051 | Bombay Stock Exchange Ltd.Phiroze Jeejeebhoy Towers,25th Floor, Dalal Street,MUMBAI-400023 |
SCRIP CODE: SHREECEM EQ
SCRIP CODE 500387
Attn: Listing Department
Sub:- Compliance under Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sirs,
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Statement of Deviation / Variation in utilization of funds raised through Qualified Institutions Placement, for the quarter ended 31st March, 2020.
Kindly take the same on record.
Thanking you,
ithfully, E CEMENT LIMITED
JAIPUR OFFICE: S8-187, 8apu Nagar, Opp. Rajasthan University, JLN Marg, Jaipur 302015 Phone: 0141 4241200,4241204, Fax: 0141 4241219 NEW DELHI OFFICE: 122-123, Hans Shawan, 1, Sahadurshah Zafar Marg, New Delhi 110002 Phone: 011 23370828,23379218,23370776, Fax: 011 23370499 CORP. OFFICE: 21, Strand Road, Kolkata 700001 Phone: 033 22309601-4 Fax: 033 22434226
STATEMENT OF DEVIATION I VARIATION IN UTILIZATION OF FUNDS RAISED
| Name of listed entity | SHREE CEMENT LIMITED | |||||
|---|---|---|---|---|---|---|
| Mode of Fund Raising | Pyblie Iss yes I Rights Issyes t | |||||
| PF'efeF'eFitial Issyes t QIP I Other'S | ||||||
| Date of Raising Funds | 26-11-2019 | |||||
| Amount Raised | Issue Size: Rs. 2400 Crores | |||||
| Net Proceeds: Rs. 2383 Crores | ||||||
| Report filed for Quarter ended | 31-03-2020 | |||||
| Monitoring Agency | applieable I not applicable | |||||
| Monitoring Agency Name, if applicable | Not Applicable | |||||
| Is there a Deviation I Variation in use of funds raised | ¥es-I-No | |||||
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the | Not Applicable | |||||
| shareholders | ||||||
| If Yes, Date of shareholder Approval | Not Applicable | |||||
| Explanation for the Deviation I Variation | Not Applicable | |||||
| I Comments of the Audit Committee after review | Not Applicable | |||||
| Comments of the auditors, if any | Not Applicable | |||||
| Objects for which funds have been raised and where there has been a deviation, in the following table | ||||||
| Original Object | ModifiedObject,if any | OriginalAllocation | Modifiedallocation,ifany | FundsUtilized | AmountDeviationIVariation for thequarter according | of Remarks ifany |
| toapplicableobject | ||||||
| Funding future growth opportunities and/or strategic acquisitionsgeneral corporate requirements, working capital requirementpre-payment and/or repayment of loans and/or any othe~urposes. as may be permissible under applicable law | Nil | Rs.2383Crores | Nil | Nil | Nil | - |
5.5. Kh ~ elwal Com pan r Secretary