Vakrangee Limited — Capital/Financing Update 2024

Aug 12, 2024

Vakrangee Limited “Vakrangee Corporate House”, Plot No.93, Road No.16, M.I.D.C. Marol, Andheri (East), Mumbai - 400093. Maharashtra, W: www.vakrangee.in | L:+91 22 6776 5100 CIN: L65990MH1990PLC056669

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VKL/C&L/2024/017

August 12, 2024

To,

	Department of Corporate Relationship BSE Ltd. Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400001	Corporate Relationship Department National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra(East),Mumbai - 400 051

Sub. : Statement of Deviation or Variation in utilization of funds raised under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 for the Quarter ended June 30, 2024.

Ref.: Scrip Code – 511431/VAKRANGEE

Dear Sir/Madam,

Pursuant to Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, please find enclosed herewith the Statement of Deviation(s) or Variation(s) in respect of utilization of funds raised through Preferential Issue of Convertible Warrants for the quarter ended June 30, 2024.

Further, we hereby confirm that there is no deviation or variation in the utilisation of funds raised through Preferential Issue of Convertible Warrants.

The enclosed “Statement of Deviation / Variation in utilisation of funds raised” has also been reviewed by the Audit Committee at its meeting held on even day i.e. August 12, 2024, as required under Regulation 32(3) of the SEBI (Listing Obligations and Disclosure Requirement) Regulations. 2015.

We request you to take the same on record.

Thanking you,

Yours faithfully,

For Vakrangee Limited

AMIT VIJAY GADGIL Digitally signed by AMIT VIJAY GADGIL DN: c=IN, o=PERSONAL, title=5553, pseudonym=d1c4d731645648e2bd7846756323dd37, 2.5.4.20=98c6d69eeddb1d172fbc1b83410d80bac86a916ecbcb6aeb18a9b975664efe71, postalCode=400057, st=Maharashtra, serialNumber=9c93d8231afd6a9a378c785fcbe636d6062f3c897e2faec047176b6fc6f3bae7, cn=AMIT VIJAY GADGIL Date: 2024.08.12 20:34:39 +05'30'

Amit Gadgil

Company Secretary & Compliance Officer

Encl: As above

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Vakrangee Limited “Vakrangee Corporate House”, Plot No.93, Road No.16, M.I.D.C. Marol, Andheri (East), Mumbai - 400093. Maharashtra, W: www.vakrangee.in | L:+91 22 6776 5100 CIN: L65990MH1990PLC056669

Annexure A

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Statement of Deviation / Variation in utilisation of funds raised
Name of listed entity Vakrangee Limited
Mode of Fund Raising Preferential Issues
Date of Raising Funds 30th March, 2024
Amount Raised 34,03,00,000
Report filed for Quarter ended June 30, 2024
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CARE Ratings Limited
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 None
Comments of the auditors, if any None
Objects for which funds have been raised and where Not Applicable
there has been a deviation, in the following table
Original Object Modified Object, if any Original Modified Funds Amount of Deviation/ Remarks if any
Allocation allocation if Utilised Variation for the quarter
(Amt in any (Amt in according to applicable
crores) crores) object
Repayment of Secured / Unsecured Loans / Creditors N. A 72.00 N. A 5.90 NIL No Deviation
Deviation or variation could mean: Digitally signed by AMIT VIJAY GADGIL
DN: c=IN, o=PERSONAL, title=5553,
pseudonym=d1c4d731645648e2bd7846756323dd3
(a) Deviation in the objects or purposes for which the funds have been raised or AMIT VIJAY 7, 2.5.4.20=98c6d69eeddb1d172fbc1b83410d80bac86
a916ecbcb6aeb18a9b975664efe71,
postalCode=400057, st=Maharashtra, serialNumber=9c93d8231afd6a9a378c785fcbe636d
(b) Deviation in the amount of funds actually utilized as against what was originally disclosed or GADGIL 6062f3c897e2faec047176b6fc6f3bae7, cn=AMIT VIJAY GADGIL
(c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, Date: 2024.08.12 20:35:09 +05'30'
Name of Signatory – Amit Gadgil
etc
Designation – Company Secretary & Compliance Officer
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