Just Dial : Statement of deviation or variation in the use of proceeds raised through Preferential Issue
April 17, 2024 at 12:40 pm EDT
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April 17, 2024
To
BSE Limited
National Stock Exchange of
Metropolitan Stock Exchange
Department of Corporate
India Limited
of India Limited
Services
Listing Department
205(A), 2nd Floor,
Listing Department
Exchange Plaza, Plot no. C/1,
Piramal Agastya Corporate Park,
P J Tower, Dalal Street,
G Block, Bandra-Kurla Complex,
L.B.S Road, Kurla (West),
Mumbai - 400001
Bandra (East), Mumbai - 400051
Mumbai - 400070
Scrip Code: 535648
Scrip Symbol: JUSTDIAL
Scrip Symbol: JUSTDIAL
Dear Sir/Madam,
Sub.: Statement of deviation or variation in the use of proceeds raised through Preferential Issue
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby confirm that there is no deviation or variation in the use of proceeds raised through Preferential Issue. A statement confirming that there is no deviation or variation in the utilisation of these proceeds, duly reviewed by the Audit Committee, is enclosed herewith as "Annexure A".
We request you to take the same on record.
Thanking you,
Yours truly,
For Just Dial Limited
Manan Udani
Company Secretary
Encl: as above
Annexure A
Statement of Deviation / Variation in utilisation of funds raised
Name of listed entity
Just Dial Limited
Mode of Fund Raising
Preferential Issue
Date of Raising Funds
September 01, 2021
Amount Raised
INR 2,164.88 Crores
Report filed for Quarter ended
March 31, 2024
Monitoring Agency
Not applicable
Monitoring Agency Name, if applicable
Not applicable
Is there a Deviation / Variation in use of funds raised
No
If yes, whether the same is pursuant to change in terms of a contract or objects,
Not applicable
which was approved by the shareholders
If Yes, Date of shareholder Approval
Not applicable
Explanation for the Deviation / Variation
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 been a deviation, in the following table
Original Object
Modified
Original
Modified
Funds
Amount of
Object, if any
Allocation
allocation,if
Utilised
Deviation
any
/Variation
for the
quarter
according
to applicable
object
The proceeds of the issue will be
Not
INR 2,164.88
Not
Nil
Not
utilized
to
fund
capital
Applicable
Crores
Applicable
Applicable
expenditures,
working capital
requirements,
acquisition of
shares, assets or business of the
Company
and
its subsidiaries,
and for
general
corporate
purposes.
Remarks if any
No
Deviation
Deviation or variation could mean:
Deviation in the objects or purposes for which the funds have been raised or
Deviation in the amount of funds actually utilized as against what was originally disclosed or
Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc.
Name of Signatory: Manan Udani
Designation: Company Secretary
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Just Dial Ltd. published this content on
17 April 2024 and is solely responsible for the information contained therein. Distributed by
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17 April 2024 15:43:07 UTC.
Just Dial Limited is a local search engine company. The Company is also involved in other information service activities. It provides its services across various platforms, such as Web, mobile (application or browser), voice and short message service (SMS). Its services include JD Mart, JD Omni and JD Pay. JD Mart enables manufacturers, distributors, wholesalers, retailers to get new customers and sell their products online. JD Omni provides end-to-end cloud-based solutions for digitalizing micro, small, and medium enterprises (MSMEs). The JD Pay provides solution for digital payments, enhancing both customers and consumers (end-users). The JD Pay supports cashless transactions, net banking, online wallets and offers flexibility to transfer online payments through debit or credit card. Its websites and apps deliver offers ratings tool, payment gateway, logistics and escrow solutions. JD Mart is available on Web at https://www.jdmart.com.