Archean Chemical Industries Ltd - 543657 - Regulation 52(7) Of The SEBI (LODR) Regulations 2015 - Statement Indicating The Utilization Of Issue Proceeds Of Non-Convertible Debentures For The Quarter Ended September 2022
Pursuant to Regulation 52 (7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we enclose herewith a statement indicating the utilization of issue proceeds of non-convertible debentures for the quarter ended September 2022. Note- This to inform the equity shareholders of the company that as on 30th September 2022 the company's NCDs were listed on the BSE limited (Scrip Code 958408) and subsequently got delisted with effect from 02nd January 2023. The NCDs were repaid and redeemed on 19.11.2022. Since the company was debt listed as on 30th September 2022 the company is required to comply with the SEBI (LODR) Regulations 2015 as far as it is applicable to Debt listed companies. Hence the company is making the above intimation to BSE limited. Kindly take the same on record.23-02-2023