Format of report to be submitted by the monitoring agency [See regulation 82(2) and 82(3)]
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....9; resolution - In case there is no deviation, the same shall be stated. (b) Range of Deviation*: Indicate the range of percentage deviation from the amount of issue proceeds earmarked for the objects. For example, up to 10%, 10- 25%, 25-50%, 50-75%, 75-100%, not ascertainable etc. * The range of deviation may be computed by taking weighted average of financial deviation of each object in the ratio of issue proceeds allocated for it. Non-financial deviation may be indicated separately by way of notes. Declaration: We declare that this report is based on the format prescribed by the SEBI (ICDR) Regulations, 2018, We further declare that this report provides a true and fair view of the utilization of the issue proceeds. We declare tha....
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....major deviation observed over the earlier monitoring agency reports? Yes/ No Whether all Government/statutory approvals related to the object(s) have been obtained? Yes/ No Whether all arrangements pertaining to technical assistance/collaboration are in operation? Yes/ No Are there any favorable events improving the viability of these object(s)? Yes/ No Are there any unfavorable events affecting the viability of the object(s)? Yes/ No Is there any other relevant information that may materially affect the decision making of the investors? Yes/ No *Where material deviation may be defined to mean: (a) Deviation in the objects or purposes for which the funds have been raised (b) Deviation in the amount of funds actually utilized....




TaxTMI
TaxTMI