CIN
-
L51909MP2007PLC066484
140/2/2,
Musakhedi
Square,
Ring
Road,
Indore
452001
(M.P)
INDIA
BRAND
Phone:
91-731-4223000,
Fax-
4221222/444
5
BRAND
CONCEPTS
LIMITED
CONCEPTS
Email:
info@brandconcepts.in
Date:
08
February,
2024
To,
To,
National
Stock
Exchange
of
India
Limited
BSE
Limited
Listing
&
Compliance
Department
Listing
&
Compliance
Department
Exchange
Plaza,
5*
Floor,
Phiroze
Jeejeebhoy
Towers,
Plot
No.
C/1,
G
Block,
Dalal
Street,
Bandra
Kurla
Complex,
Mumbai
-
400001
Bandra
East,
Mumbai
-
400051
Symbol:
BCONCEPTS
Scrip
Code:
543442
Sub:
Statement
on
deviation
or
variation
of
fund
under
Regulation
32(1)
of
the
SEBI
Listing
Obligation
and
Disclosure
Requirement)
Regulation
015
for
the
quarter
ended
31st
December,
2023.
Dear
Sir/Madam,
Pursuant
to
Regulation
32(1)
of
the
SEBI
(Listing
Obligations
and
Disclosure
Requirements)
Regulations,
2015
read
with
SEBI
Circular
No.
CIR/CFD/CMD1/162/2019
dated
December
24,
2019,
we
hereby
confirm
that
there
is
no
deviation
or
variation
in
the
use
of
funds
raised
through
Preferential
Issue
of
Equity
Shares
from
the
objects
stated
in
the
Explanatory
Statement
to
the
Notice
of
Extra-Ordinary
General
Meeting
of
the
Company
dated
13*
July,
2023:
Accordingly,
a
Nil
Statement
of
Deviation,
duly
reviewed
by
the
Audit
Committee
of
the
Company,
for
the
Quarter
ended
31st
December,
2023
is
enclosed
as
"Annexure
A".
You
are
requested
to
kindly
take
the
same
on
your
records.
Yours
Sincerely,
~
For
Brand
Co
Annexure
A
atement
of
Deviation
or
Variation
for
the
quarter
ended
31st
December,
202
Statement
of
Deviation
/
Variation
in
utilisation
of
funds
raised
Variation
Name
of
listed
entity
Brand
Concepts
Limited
Mode
of
Fund
Raising
Publictssues/
Rights
tssues-/
Preferential
Issue/QUH/
Others
Date
of
Raising
Funds
6th
September,
2023
Amount
Raised
15,46,05,000
Report
filed
for
Quarter
ended
31st
December,
2023
Monitoring
Agency
Not
Applicable
Monitoring
Agency
Name,
if
Not
Applicable
applicable
Is
there
a
Deviation
/
Variationin
|
No
use
of
funds
raised
If
yes,
whether
the
same
is
Not
Applicable
pursuant
to
change
in
terms
of
a
contract
or
objects,
which
was
approved
by
the
shareholders
If
Yes,
Date
of
shareholder
Not
Applicable
Approval
Explanation
for
the
Deviation
/
—
|
Not
Applicable
Comments
of
the
Audit
Committee
after
review
No
Comments
Comments
of
the
auditors,
if
any
No
Comments
Objects
for
which
funds
have
been
raised
and
where
there
has
beer
a
deviation,
in
the
following
table:
Original
|
Modified
Original
Modified
|
Funds
|
Amountof
—
Remarks
Object
|
Object,if
|
Allocation
|
allocation,
|
Utilised
|
Deviation/Variation
|
ifany
any
if
any
forthe
quarter
according
to
applicable
object
Not
applicable
as
there
is
no
deviation
from
the
Objects
for
which
funds
have
been
raised.
Deviation
or
variation
could
mean:
(a)
Deviation
in
the
objects
or
purposes
for
which
the
funds
have
been
raised
or
(b)
Deviation
in
the
amount
of
funds
actually
utilized
as
against
what
was
originally
disclosed
or
(c).
Change
in
terms
«
of
a
contract
referred
to
in
the
fund
raising
document
i.e.
prospectus,
letter
of
offer,
etc.
Name
of
Sig
Designation:
Company
Secretary
&
Compliance
Officer
