Pursuant to Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements ) Regulations ,2015, Simplex Castings has submitted that there is no deviation in use of the proceeds aggregating to Rs 61.72 Lacs ( 25% of the issue price ) received from the issue and allotment of 154300 Warrants on 03/04/2018 to Non Promoters on Preferential Basis in pursuance of the approval of the Shareholders accorded through Postal Ballot Dated 24th March , 2018 from the Objects of the issue stated in the Explanatory Statement to Notice of Postal Ballot Dated 15th February, 2018.
The above information is a part of company’s filings submitted to BSE.
