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DCX Systems informs about statement of deviation or variation

14 May 2024 Evaluate

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.

DCX Systems Share Price

189.70 1.70 (0.90%)
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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