Pursuant to Regulation 32 of the SEBI Listing Regulations and SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, Franklin Industries has informed that there are no deviation(s) or variation(s) in respect of the utilization of the proceeds of fund raised through Right Issue of 10,84,50,000 Fully Paid-up Equity Shares and from the objects as stated in the Letter of Offer. It enclosed a statement in this regard. The aforesaid statement has been reviewed by the Audit Committee and taken on record by the Board at their respective meetings held on 12th November, 2024.
The above information is a part of company’s filings submitted to BSE.
