General information about company

Scrip Code*513536
NSE Symbol
MSEI Symbol
ISININE207H01018
Name of the listed entityGUJARAT NATURAL RESOURCES LIMITED


Statement of Deviation / Variation in utilisation of funds raised

Mode of Fund RaisingPreferential Issues
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds30-12-2020
Amount Raised (in Rs. Crores)31500000
Report filed for Quarter ended31-12-2020
Monitoring AgencyNot applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raisedNo
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after reviewIt may be noted that there is no deviation in the utilization of funds raised through preferential issue
Comments of the auditors, if any


Sr.Original ObjectModified Object, if anyOriginal AllocationModified allocation, if anyFunds UtilisedAmount of Deviation/Variation for the quarter according to applicable objectRemarks if any
11.To augment long term resources of the Company for current and future expansion. 2. Funding Working capital requirements. 3. To invest in the wholly owned subsidiary of the Company Sigma Oil and Gas Private Limited for further development of oil and gas exploration business and 4. Funding expenditure for General corporate purposes 1. To augment long term resources of the Company for current and future expansion 2. Funding Working capital requirements 3. To invest in the wholly owned subsidiary of the Company Sigma Oil and Gas Private Limited for further development of oil and gas exploration business and 4. Funding expenditure for General corporate purposes NA00315000000


Signatory Details

Name of signatorySHALIN A. SHAH
Designation of personManaging Director
PlaceAHMEDABAD
Date13-02-2021