In accordance with Regulation 169(5) of the SEBI (ICDR) Regulations, 2018, the certificate from the statutory auditor was duly been issued by M/s. R. Rampuria & Company, Chartered Accountants ....
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Logica Infoway Ltd has submitted a certificate from its statutory auditor, M/s. R. Rampuria & Company, confirming compliance with SEBI (ICDR) Regulations 169(4) & 169(5). The certificate verifies that the company received Rs. 16,11,23,280 (~Rs. 16.11 crore) from allottees for the issuance of 6,93,600 equity shares at Rs. 232.30 per share (face value Rs. 10) on a preferential basis. The allotment money was realized on March 01, 2025 and deposited in a separate bank account with SBI, Kolkata as required under Section 42(6) of the Companies Act, 2013. The auditor confirmed there is no circulation of funds or mere passing of book entries, and all relevant subscription documents are maintained by the company.
This is a routine post-allotment compliance filing confirming that the Rs. 16.11 crore preferential share issue (done in March 2025) has been properly executed and verified. The actual share listing and capital raise already happened earlier; this submission is primarily a procedural step that does not change the fundamental outlook for existing shareholders, though it does formalize the ~6.94 lakh share dilution already in place.