Pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, Raw Edge Industrial Solution has informed about submission of the statement of deviation and variation in utilization of fund raised through IPO as mentioned in prospectus of the Company. The statement has been reviewed by the Audit Committee of the Company in its meeting held on Thursday, November 14, 2019. The certificate for fund utilization which is received from Shivangi Parekh & Co., Chartered Accountants is enclosed herewith. It is to be noted that there is no deviation in utilization of Issue of Proceeds of IPO.
The above information is a part of company’s filings submitted to BSE.