Pursuant to SEBI Circular No. CIR/CFD/CMDI/162/2019 dated December 24, 2019, issued by Securities Exchange and Board of India (‘SEBI’) and Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, Shankara Building Products has confirmed that there is no deviation or variation in use of proceeds raised through preferential issue. A Nil statement of deviation is enclosed herewith as Annexure-I.
The above information is a part of company’s filings submitted to BSE.
