Pursuant to Regulation 32 (1) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMDI/162/2019 dated December 24, 2019, DCX Systems has confirmed that there is no deviation or variation in the utilization of proceeds of the Initial Public Offer (IPO) from the objects stated in the Prospectus dated November 04, 2022 and Qualified Institutional Placement (QIP) from the objects stated in the Placement Document dated January 19, 2024. A Statement of Deviation or Variation duly reviewed by the Audit Committee and same has been approved unanimously through Circular resolution on May 12, 2024, is attached.
The above information is a part of company’s filings submitted to BSE.
