Pursuant to the Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Pg Foils has informed that there is no deviation/variation in the utilization of proceeds as mentioned in the objects stated in the Offer Document of Preferential Issue. In terms of SEBI Circular No. CIR/CFD/CMDI/162/2019 dated December 24, 2019, it enclosed the Nil Statement of deviation(s) or variation(s) of funds for the quarter ended 30th September, 2022.
The above information is a part of company’s filings submitted to BSE.