AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

Zen Technologies Ltd. Capital/Financing Update 2020

Aug 8, 2020

Capital/Financing Update

Opens in your device viewer

Statement ofDeviation_I_Variationin utilisation	of funds raised
Nameoflisted entitv	Zen Technologies Limited
ModeofFund Raising	Preferential Issueof
	convertible warrants
DateofRaising Funds	04/02/2019-Dateof
	allotmentofwarrants
Amount Raised	*Rs. 17,85,95,440/-
Report filed for Quarter ended	June 30, 2020
Monitoring Agency	Not Applicable
Monitoring Agency Name, if annlicable	NA
ls there a Deviation_I_Variation in useoffunds raised	No
Ifyes, whether the same is pursuant to change in termsofa	NA
contract or objects, which was approved by the shareholders
IfYes, Dateofshareholder Approval	NA
Explanation for the Deviation_I_Variation	NA
Commentsofthe Audit Committee after review	Nil
Commentsofthe auditors,ifanv	Nil
Objects forwhichfundshave been raisedand where therehas been adeviation,in		the followinatable
					Amount of
Original Object	ModifiedObject,if any	OriginalAllocation	Modifiedallocation,if any	FundsUtilised	DeviationNariation for Remarksifthe quarter accordingto anyapplicableobject
The proceedsofthe preferential issue will be utilized
towards research and development (R&D),
potential acquisitions, export promotion, working capital,	NA	Rs. 4,46,48,860/-	NA	Rs. 4,46,48,860/-	Nil	NA
capital expenditure and general corporate