Zen Technologies Ltd. — Capital/Financing Update 2022

Jul 30, 2022

**Statement of Deviation / Variation inutilisation of funds raised **	**Statement of Deviation / Variation inutilisation of funds raised **
Nameoflistedentity	ZenTechnologiesLimited
ModeofFundRaising	PreferentialIssueof
	convertiblewarrants&
	compulsoryconvertible
	debentures
DateofRaisingFunds	25thNovember2021
AmountRaised(inRs.Lakhs)	8,907.73
ReoonfiledforQuarterended	30thJune2022
MonitorinaAaencv	NotAoolicable
MonitoringAgencyName,ifapplicable	NotAnnlicable
IsthereaDeviation/Variationinuseoffundsraised	No
Ifyes,whetherthesameispursuanttochangeintermsofa	NotApplicable
contractorobjects,whichwasapprovedbytheshareholders
IfYes,DateofshareholderApproval	NotAnnlicable
ExplanationfortheDeviation/Variation	NotApplicable
CommentsoftheAuditCommittee afterreview	None
Commentsoftheauditors,ifany	None
Obiectsforwhichfundshave beenraisedandwheretherehasbeenadeviation,in		thefollowinetable
						**Amount of **
**Original Object **	Modified Object, if any	**Original ****Allocation (in Rs. ****Lakhs) **		**Modified ****allocation, ****if any **	**FundsUtilised (in DeviationNariation for ** **Rs. In Lakhs) **the quarter according to**anplicable object **		**Remarks if ****any **
TheproceedsofthepreferentialissueshallbeutilizedtomeettheAnnualBusinessPlansoftheCompany,research	NotApplicable		8,907.73	NotApplicable	6,913.92None		NoDeviations
and development(R&D),potentialacquisitions,exportandbusinesspromotion,workingcapital,capitalexpenditure,							orVariations
exploringnewinitiativesandforothergeneralcorporate
purposes.
**Deviation or variation could mean: **