Pursuant to Regulation 32(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), Please find attached Annual statement of deviation or variations and utilization of IPO proceeds (vide prospectus dated 14th September 2011), certified by Statutory Auditors- M/s Chitresh Gupta & Associates, Chartered Accountants. All the proceeds of public issue have already been fully utilized on or before 30th September 2016 as reported to the Stock Exchange on 11th November 2016. No amount of IPO proceeds was remaining unutilized as on 31/03/2017.
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