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

WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM
Particulars of listed companies under the same management, which have
made capital issues during the last three years:
There are no issues made by any such listed company under the same management
in the last three years.
Promise vis-à-vis Performance:
The Company has allotted Equity Shares pursuant to the Scheme sanctioned by the
Hon’ble High Court of Judicature at Madras. The Company has not made any
promises in the Information Memorandum.
Mechanism evolved for redressal of Investor Grievances:
The Company, with a view to render prompt and efficient service to the investors,
appointed SCL, registered with SEBI as the STA to handle share registry work
pertaining to both physical and electronic segments of the Equity Shares.
As required under the Listing Agreement, Mr R Madhavan, secretary of the Company
has been appointed as the Compliance Officer. For any clarification/complaint, the
shareholders may contact Mr R Madhavan, secretary of the Company.
Similarly, the Shareholders’/Investor’s Grievance Committee will oversee and review
all matters connected with share transfers, issue of duplicate share certificates etc.
The Investor’s Grievance Committee will also look into the redressal of investors’
grievances pertaining to transfer of shares, non-receipt of balance sheet, non-receipt
of declared dividends etc. The Company, as a matter of policy, will dispose of
investor complaints within a span of seven days.
XVII ARTICLES:
The relevant Articles of Association of the Company are reproduced below:
Reduction of
capital
Sub-division,
consolidation
and cancellation
of shares
Article
No
8.
Page 70 of 95
Particulars
The Company may (subject to the applicable provisions of
the Act) from time to time by Special Resolution reduce its
Capital and any Capital Redemption Reserve Account or
Securities Premium Account in any manner for the time being
authorised by law and, in particular, Capital may be paid off
on the footing that it may be called upon again or otherwise.
This Article is not to derogate from any power the Company
would have, if the Article were omitted.
9. Subject to the applicable provisions of the Act, the Company
in General Meeting may, from time to time, subdivide or
consolidate its Shares, or any of them and the resolution
whereby any share is sub-divided, may determine that, as
between the holders of the Shares resulting from such subdivision,
one or more of such Shares shall have some
preference or special advantage as regards dividend, capital
or otherwise over or as compared with the others or other.
Subject as aforesaid, the Company in General Meeting may
also cancel Shares which at the date of passing of the
resolution in that behalf have not been taken or agreed to be
taken by any Person and diminish the amount of its Capital
by the amount of the Shares so cancelled.