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Windsor Machines Ltd. - Statement Of Deviation/ Variation Under Regulation 32 Of SEBI (Listing Obligations And Disclosure Requirements), Regulations, 2015.

| Updated on November 03, 2018 Published on November 03, 2018

WML has issued 72,14,644 Warrants on a preferential basis (convertible into eq sh), to persons other than the Promoter and Promoter group, at a price of Rs. 63.30 each (consisting of Rs. 2 towards face value & Rs. 61.30 as Premium), as approved by the shareholders at the EGM held on 12.12.2017. 25% of the total issue price, aggregating to Rs. 11,54,34,304 was received by the Co & allotment of aforesaid warrants has been made by the BOD on 09.01.2018.
w.r.t. the above mentioned fund we hereby confirm, under Reg. 32 of the SEBI (LODR) Reg., 2015, that, for the qtr ended on 30.09.2018.
a. there has been no deviation in the use of proceeds/funds from the objects stated in the Private Placement Offer Letter and Expl Sta of Notice, dated 10.11.2017 of the EGM.
b. there has been no variation between projected utilization of funds, made by the Company as stated in the Private Placement Offer Letter and Expl Sta of Notice, dated 10.11.207, of the EGM, and the actual utilization of funds.

Pdf Link: Windsor Machines Ltd. - Statement Of Deviation/ Variation Under Regulation 32 Of SEBI (Listing Obligations And Disclosure Requirements), Regulations, 2015.

Source : BSE - www.bseindia.com

Published on November 03, 2018
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