FSN E-Commerce Ventures has informed that during the quarter ended December 31, 2023, there is no deviation or variation in the utilisation of proceeds of the IPO from the objects stated in the Prospectus dated November 02, 2021. A statement confirming that there is no deviation/variation in utilisation of funds raised through ‘IPO’ for the quarter ended December 31, 2023, duly reviewed by the Audit Committee of the Company on February 05, 2024, is enclosed as ‘Annexure A’. This intimation is being submitted pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended read with SEBI Circular No. CIR/ CFD/CMD1/162/2019 dated December 24, 2019.
The above information is a part of company’s filings submitted to BSE.
