Pursuant to Regulation 32 of the SEBI Listing Regulations and SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, Suyog Gurbaxani Funicular Ropeways has informed that there are no deviation(s) or variation(s) in respect of the utilization of the proceeds of the Initial Public Offer (IPO) of the Company during the Fourth quarter and one year six month ended March 31, 2023, as mentioned in the object clause of the Prospectus dated October 25, 2021. The company has enclosed a statement in this regard.
The above information is a part of company’s filings submitted to BSE.
