Hacked by islam_Bey imhatimi.org

XL Telecom & Energy Ltd has informed BSE about the utilization of the proceeds of the IPO for the quarter ended December 31, 2007 are as follows:

Funds raising through IPO : Rs 5937.33 lakhs

Less: 1. Utilised during the quarter ended December 31, 2006: Rs 3445.00 lakhs

2. Utilised during the quarter ended March 31, 2007: Rs 372.00 lakhs

3. Utilised during the quarter ended June 30, 2007: Rs 319.00 lakhs

4. Utilised during the quarter ended September 30, 2007: Nil

5. Utilised during the quarter ended December 31, 2007: Rs 1801.33 lakhs

Total utilized up to December 31, 2007: Rs 5937.33 lakhs.

Tags: XL Telecom

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