Pursuant to Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, MTAR Technologies has informed that it enclosed statement of deviation(s) or variation(s) in utilization of funds raised through Initial Public Offering (IPO) for the quarter ended December 31, 2021 in the prescribed format. The company confirmed that there has been no deviation in the utilization of proceeds of IPO as mentioned in the objects stated in the Prospectus dated March 08, 2021. Monitoring agency report issued in this regard is being separately filed with the exchange.
The above information is a part of company’s filings submitted to BSE.
