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Simplex Castings Ltd. — Capital/Financing Update 2024
Nov 11, 2024
61924_rns_2024-11-11_a1c4a17f-0e92-4ef1-8f96-29481b3618a6.pdf
Capital/Financing Update
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Simplex Castings Ltd.
Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664 E-Mail : [email protected] Website : www.simplexcastings.com CIN: L27320MH1980PLC067459
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Date:11.11.2024
To, To, The Manager The Manager Department of Corporate Services Calcutta Stock Exchange BSE Limited Address: 7, Lyons Range, PJ Towers, Dalal Street Dalhousie, Kolkata700001, Mumbai-400001 West Bengal Scrip Code: 513472 Scrip Code: 29066
SUB: STATEMENT ON DEVIATION OR VARIATION OF FUNDS RAISED THROUGH PREFERENTIAL ISSUE
Dear Sir/Madam,
Pursuant to the provisions of Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMDl/162/2019 dated December 24, 2019 regarding "Format on Statement of Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement (QIP} etc.", We hereby confirm that there is no deviation or variation in the use of funds raised through Preferential Issue.
Accordingly, a Nil Statement of Deviation, duly reviewed by the Audit Committee of the Company, for the Quarter ended 30.09.2024 is given in "Annexure A".
Kindly take the same on your records.
Thanking You, Yours faithfully,
FOR, SIMPLEX CASTINGS LTD
SANGEETA Digitally signed by SANGEETA KETAN SHAH KETAN SHAH Date: 2024.11.11 15:20:48 +05'30' Sangeeta K Shah Managing Director DIN NO-05322039
Place: Bhilai Date:11.11.24
OFFICE ADDRESS PHONE FAX E-MAIL Regd. Office : 601/602 A, FAIRLINK CENTER, OFF ANDHERI LINK ROAD, ANDHERI (W), MUMBAI -53 022-40034768 [email protected] Kolkata : 119, PARK STREET, WHITE HOUSE 4[th ] FLOOR KOLKATA - 700016 (W.B.) INDIA 08961045611 033-22493251 [email protected] Bhilai (Plant) : 5, INDUSTRIAL ESTATE, BHILAI - 490026 (C.G.) INDIA 0788-4015273 0788-4034188 [email protected] Rajnandgaon (Plant) : 223/2,224 INDUSTRIAL ESTATE, TEDESARA, RAJNANDGAON - 491441(C.G.) INDIA 9203901697 0788-2285664 [email protected]
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Simplex Castings Ltd.
Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664 E-Mail : [email protected] Website : www.simplexcastings.com CIN: L27320MH1980PLC067459
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Annexure A
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Statement of Deviation / Variation in utilisation of funds raised
Name of listed entity Simplex Castings Limited
Mode of Fund Raising Allotment of 760521 Equity Shares to Non
promoters on preferential basis and 306560
Equity shares to promoter on conversion of
warrants
Date of Raising Funds 24.04.2024 and 07.06.2024
Amount Raised (in Rs. Crores) Rs 8.00 Cr
Report filed for Quarter ended 30 [th] sep 2024
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable Not Applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a Not applicable
contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval Not applicable
Explanation for the Deviation / Variation Not applicable
Comments of the Audit Committee after review No comments
Comments of the auditors, if any No Comments
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Objects for which funds have been raised and where there has been a deviation, in the following table
Origin Modified Original Modified Funds Amount Remarks if any
al Object, if Allocation allocatio Utilised of
Object any (In Crores) n, if any (Rs. In Deviation/
Crores) variation
for the
quarter
according
to
applicable
object
Repayment Not Rs 8.00 Nil Rs 8 Cr Nil Funds raised on allotment
of loans, Applicable Cr of equity shares.
Working Funds raised have been fully
Capital and utilized for the purpose for
General which they were raised.
Corporate
purpose
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SANGEETA Digitally signed by SANGEETA KETAN SHAH KETAN SHAH Date: 2024.11.11 15:21:06 +05'30'
OFFICE ADDRESS PHONE FAX E-MAIL Regd. Office : 601/602 A, FAIRLINK CENTER, OFF ANDHERI LINK ROAD, ANDHERI (W), MUMBAI -53 022-40034768 [email protected] Kolkata : 119, PARK STREET, WHITE HOUSE 4[th ] FLOOR KOLKATA - 700016 (W.B.) INDIA 08961045611 033-22493251 [email protected] Bhilai (Plant) : 5, INDUSTRIAL ESTATE, BHILAI - 490026 (C.G.) INDIA 0788-4015273 0788-4034188 [email protected] Rajnandgaon (Plant) : 223/2,224 INDUSTRIAL ESTATE, TEDESARA, RAJNANDGAON - 491441(C.G.) INDIA 9203901697 0788-2285664 [email protected]
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Simplex Castings Ltd.
Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664 E-Mail : [email protected] Website : www.simplexcastings.com CIN: L27320MH1980PLC067459
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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.
FOR, SIMPLEX CASTINGS LTD
SANGEETA Digitally signed by SANGEETA KETAN SHAH KETAN SHAH Date: 2024.11.11 15:21:26 +05'30'
Sangeeta K Shah Managing Director DIN NO-05322039
Place: Bhilai Date:11.11.24
OFFICE ADDRESS
PHONE FAX E-MAIL
Regd. Office : 601/602 A, FAIRLINK CENTER, OFF ANDHERI LINK ROAD, ANDHERI (W), MUMBAI -53 022-40034768 [email protected] Kolkata : 119, PARK STREET, WHITE HOUSE 4[th ] FLOOR KOLKATA - 700016 (W.B.) INDIA 08961045611 033-22493251 [email protected] Bhilai (Plant) : 5, INDUSTRIAL ESTATE, BHILAI - 490026 (C.G.) INDIA 0788-4015273 0788-4034188 [email protected] Rajnandgaon (Plant) : 223/2,224 INDUSTRIAL ESTATE, TEDESARA, RAJNANDGAON - 491441(C.G.) INDIA 9203901697 0788-2285664 [email protected]