Vimta Labs - Updates
Vimta Labs Ltd has informed BSE that there is no deviation between actual and projected utilization funds, as of December 31, 2007, funds raised through preferential allotment.An amount of Rs 7523 lakhs has been utilized till December 31, 2007 out of the total proceeds of preferential issue of Rs 7723 lakhs. The balance unutilised amount of Rs 200 lakhs is kept in term deposits with nationalised banks.01-02-2008