Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Indigo Paints has informed that it enclosed statement of deviation/ variation in the utilization of proceeds for objects as stated in the Prospectus dated January 25, 2021, of Initial Public Offer (IPO), for the quarter ended March 31, 2022. The aforesaid statement has been reviewed by the Audit Committee and by the Board in its meeting held on 20th May, 2022. This intimation is also available on the website of the Company www.indigopaints.com/investors
The above information is a part of company’s filings submitted to BSE.
