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WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM ...

WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM ...

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<strong>WABCO</strong>-<strong>TVS</strong> (<strong>INDIA</strong>) <strong>LIMITED</strong> <strong>INFORMATION</strong> <strong>MEMORANDUM</strong><br />

Stock Exchanges at the time of the application by the Company seeking listing of its<br />

Equity Shares.<br />

Prohibition by SEBI:<br />

The Company, its Directors, its Promoters, other companies promoted by the<br />

Promoters and companies with which the Directors are associated as directors have<br />

not been prohibited from accessing the capital markets or restrained from buying,<br />

selling or dealing in securities under any order or direction passed by SEBI. The<br />

listing of any securities of the Company has never been refused at anytime by any of<br />

the stock exchanges in India.<br />

Further, the Company, its Directors, its Promoters, other companies promoted by the<br />

Promoters and companies with which the Directors are associated as directors have<br />

not been declared as willful defaulters by RBI / government authorities and there are<br />

no violations of securities laws committed by them in the past and no proceedings<br />

are pending against them.<br />

Eligibility Criterion:<br />

There being no Initial Public Offering or Rights Issue, the eligibility criteria in terms<br />

of Clause 2.2.1 of SEBI Guidelines are not applicable.<br />

However, SEBI has vide its letter No.CFD/DIL/PB/AC/136928/2008 dated 5 th<br />

September 2008, relaxed the applicability of provisions of Regulation 19(2)(b) of the<br />

Securities Contract (Regulations) Rules, 1957 under Clause 8.3.5 of SEBI Guidelines.<br />

The Company has submitted the Information Memorandum, containing information<br />

about itself, making disclosures in line with the disclosure requirements for public<br />

issues, as applicable, to the Stock Exchanges for making the Information<br />

Memorandum available to the public through their available websites viz.<br />

www.nseindia.com and www.bseindia.com.<br />

The Company has made the Information Memorandum available on its website viz.<br />

www.wabco-tvs.com.<br />

The Company will publish an advertisement in the newspapers containing details in<br />

line with the provisions of Clause 8.3.5.4 of SEBI Guidelines. The advertisement will<br />

draw specific reference to the availability of the Information Memorandum on its<br />

website as well as the Stock Exchanges.<br />

Disclaimer – SEBI:<br />

It is to be distinctly understood that submission of the Information Memorandum to<br />

SEBI by the DSE should not in any way be deemed or construed that the same has<br />

been cleared or approved by SEBI. SEBI does not take any responsibility for the<br />

financial soundness of the Scheme for which the listing is proposed to be made or for<br />

the correctness of the statements made or opinions expressed in the Information<br />

Memorandum.<br />

Disclaimer from the Company:<br />

The Company accepts no responsibility for statements made otherwise than in the<br />

Information Memorandum or in the advertisement to be published in terms of Clause<br />

8.3.5.4 of SEBI Guidelines or any other material issued by or at the instance of the<br />

Company and anyone placing reliance on any other source of information would be<br />

doing so at his or her own risk.<br />

Page 67 of 95

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