Pursuant to Regulation 32(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Bella Casa Fashion & Retail has informed that there is no deviation or variation in the use of proceeds of 75% allotment monies amounting to Rs 7,09,50,000 received against allotment of the 11,00,000 equity shares at Rs 86 per share allotted on November 3, 2018 on conversion of the warrants issued to public shareholders on preferential basis in pursuance of the approval of Shareholders accorded by special resolution on March 28, 2017.
The above information is a part of company’s filings submitted to BSE.
