NITIN FIRE PROTECTION INDUSTRIES LIMITED

  • Nitin Fire Protection Industries Limited has informed the Exchange vide notes to Accounts in the unaudited financial results for the quarter ended June 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on July 28, 2008) that: "Out of the funds of the IPO, the Company has utilized Rs.4,433.48 lacs till June 30, 2008. The balance funds will be utilized as per the proposed schedule of deployment of funds mentioned in the chapter "Objects of the Issue". The unutilized funds as at June 30, 2008 have been temporarily deployed in short term investments".