News Announcement

Avantel: Disclosure Under Regulation 32(1) Of SEBI (Listing Obligations And Disclosure
Requirements) Regulations 2015.

Pursuant to SEBI circular- CIR/CFD/CMD1/162/2019 dated 24m December 2019 regarding Format on Statement of Deviation or Variation for proceeds of public issue/rights issue/preferential issue Qualified Institutions Placement (QIP) etc. in reference to Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 we would like to inform that the said Regulation 32(1) is not applicable for the Company as we have not raised funds and hence not submitting Annexure A as per the SEBI circular.
This is for your information and necessary records.

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