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Spectrum Electrical Industries Limited Capital/Financing Update 2021

Apr 14, 2021

Capital/Financing Update

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`StatementofDeviation/VariationinUtilizationofFundsraised`	`StatementofDeviation/VariationinUtilizationofFundsraised`
`NameofListedCompany`	`SpectrumElectricalIndustriesLtd.`
`ModeofFundRaising`	`InitialPublicOffering(IPO)`
`DateofRaisingFunds`	`1*'October,2018`
`AmountRaised(Rs.inLakhs)`	`2,587.00`
`Reportfiledforthehalfyearended`	`315'March, 2021`
`MonitoringAgency`	`N.A..`
`MonitoringAgencyName,IfApplicable`	`N.A.`
`IsthereanyDeviation/Variationinuseoffund`	`NO,thereisnoanyDeviation/Variationin`
`raised?`	`useoffundsraised.Theamounthasbeen`
	`fullyutilised/tobeutilizedfortheobject`
	`forwhichfundshavebeenraised`
`IfYes,Whetherthesameispursuanttochangein`	`N.A.`
`termsofcontractorobject,whichwasapproved`
`bytheshareholders`
`IfYes,DateofShareholdersApproval`	`N.A.`
`ExplanationfortheDeviation/Variation`	`N.A.`
`CommentsoftheAuditCommitteeafterreview`	`Reviewed,NoComments`
`CommentsoftheAuditor,ifany`
`Objectforwhichfundshavebeenraised.`	`Amountraised:toset upZinkPlatingPlant`
	`atUmale,tomeetlong-termworking`
	`capitalrequirements,GeneralCorporate`
	`PurposeandIssueExpenses.`
	`ThereisNoDeviation/Variationin`
	`utilizationoffundsraised.`