Hilton Metal Forging has informed that it has been no deviation or variation in the utilization of proceeds raised through Preferential issue and Right issue as per the objects stated in the Explanatory statement annexed to the Postal Ballot Notice dated 24th December, 2021 and Offer document dated 19th October, 2022 respectively; Further, the Company has fully utilized the funds raised through Preferential Issue and Right Issue as per enclosed details: The filing of statement of deviation(s) or variation(s) under Regulation 32 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 will not be applicable to the Company from here onwards.
The above information is a part of company’s filings submitted to BSE.
