Pursuant to regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Alphageo India has informed that there is no deviation in use of the proceeds aggregating to Rs 9.44 Crores (75% of the issue price of the Warrant) received from respective Warrant Holder(s) for issue and allotment of 245,000 Equity Shares on Conversion of Warrants issued on preferential basis in pursuance of the Approval of Shareholders at the Extra General Meeting held on 11.11.2015 during the quarter ended June 30, 2017.
The above information is a part of company’s filings submitted to BSE.
