5Paisa Capital has informed that it has enclosed the statement of deviation or variation dated January 16, 2020 issued by ICICI Bank for the quarter ended December 31, 2019 with respect to utilization of the proceeds of the Rights Issue. The Audit Committee and Board of Directors of the Company had reviewed the statement of deviation at their meeting held on January 16, 2020 and have taken note of the same.
The above information is a part of company’s filings submitted to BSE.