Raj Rayon Industries Limited-$ - 530699 - Pursuant To Regulation 32 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015,
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, from the objects stated as per the terms and conditions of the offer document dated 05.05.2022 contained in Form PAS-4 issued for preferential allotment in reference to Resolution Plan' submitted by SVG FASHIONS PRIVATE LIMITED, as approved by the National Company Law Tribunal, Ahmedabad Bench("NCLT) dated 05.10.2021 .A statement confirming that there is no deviation or variation in the utilisation of these proceeds, duly reviewed by the Audit Committee, is attached.12-08-2022