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(As on May 14, 2022, 13:46)

Muthoottu Mini Finan - Compliances-Reg. 52 (7) - Statement of Material Deviations in proceeds of issue of NCD / NCRP

Dear Sir,\r\n\r\nDisclosure required under Regulation 52(7) & 52(7A) of Securities and Exchange Board of India (Listing obligations and disclosure requirements) Regulations, 2015 for the year ended 31st March, 2022.\r\n\r\n1. The proceeds of Non-Convertible Debentures issued by the Company till 31st March 2022 have been fully utilized as on that date for the purpose for which these proceeds were raised.\r\n\r\n2. There is no deviation in the use of proceeds of Non-Convertible Debentures as the same has been utilized as per the objects of the issue.\r\n\r\n3. NCD XVI which has been allotted on 03rd January, 2022 for Rs.17086 lakhs has been expended as follows:\r\n\r\nParticulars of Expense Rs. in lakhs\r\nOnward lending, financing and for repayment/prepayment of principal and interest on borrowings of the Company 16736\r\nIssue Related Expenses 350\r\nGeneral Corporate Expenses ---\r\n\r\nFor Muthoottu Mini Financiers Limited\r\n\r\nSmitha KS\r\nCompany Secretary\r\n

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