Prime Securities : General updates

August 12, 2022
Corporate Relationship Department	Capital Markets - Listing
BSE Limited	National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers,	Exchange Plaza, 5th Floor, Plot No. C/1,
Dalal Street,	G Block, Bandra Kurla Complex,
Fort, Mumbai 400001	Bandra (East), Mumbai 400051
Dear Sir,

Sub: Disclosure in terms of Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Statement of Nil Deviation or Variation

Re: Stock Code: 500337 (BSE) / PRIMESECU (NSE)

Pursuant to Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, a Statement of Nil Deviation / Variation in utilization of funds raised for the Quarter ended June 30, 2022, is submitted herewith.

This is for your information and records.

Thanking you,

Yours faithfully,

For Prime Securities Limited

Ajay Shah

Company Secretary

(ACS-14359)

Statement of Deviation or Variation in utilization of funds raised

		Name of listed entity			Prime Securities Limited
		Mode of Fund Raising			Preferential Issue
		Date of Raising Funds			November, 12 2021 to November 16, 2021
		Amount Raised				Rs. 40.38 Crores
		Report filed for Quarter ended			June 30, 2022
		Monitoring Agency				Not Applicable
		Monitoring Agency Name, if applicable
		Is there a Deviation / Variation in use of funds raised	No
		If yes, whether the same is pursuant to change in terms
		of a contract or objects, which was approved by the
		shareholders				Not Applicable
		If yes, date of shareholder approval
		Explanation for the Deviation / Variation
		Comments of the Audit Committee after review	"Nil" Statement as on June 30, 2022, was placed
							before the Audit Committee at its Meeting held
							on August 12, 2022
		Comments of the Auditors, if any		None
		Objects for which funds have been raised and where	Not Applicable
		there has been a deviation, in the following table
	Original Object		Modified	Original	Modified		Funds	Amount of Deviation /	Remarks
				Object,	Allocation	allocation,		Utilised	Variation for the	if any
				if any		if any			quarter according to
									applicable object
		Making		Not	Rs. 40.38	Not		Nil	Nil	None
	investments in one		Applicable	Crores	Applicable
		or more digitally
	powered platforms
		or marketplace

Deviation or Variation could mean:

1. Deviation in the objects or purposes for which the funds have been raised
2. Deviation in the amount of funds actually utilized as against what was originally disclosed or
3. Change in terms of a contract referred to in the fund-raising document i.e., prospectus, letter of offer, etc.

For Prime Securities Limited

Ajay Shah

Company Secretary

(ACS-14359)

Mumbai, August 12, 2022

Prime Securities Limited

1109 / 1110, Maker Chambers V,
Nariman Point, Mumbai 400021	Tel : [phone]
CIN: L67120MH1982PLC026724	Fax : [phone]
www.primesec.com