RED HERRING PROSPECTUS Dated August 24 ... - Globus Spirits

Chand Bagh Investments Limited (CBIL):
Name of the Company
Chand Bagh Investments Limited
Registered Office C-631, New Friends Colony, New Delhi – 110065
Company Registration Number 55-52661
Corporate Identification Number U74899DL1993PLC052661
Registrars of Companies
Registrar of Companies, Delhi & Haryana
IFCI Tower, 4th Floor, 61, Nehru Place
New Delhi - 110 019
PAN No.
AAACC7112N
TAN No.
DELC09204G
Name of Bank and Branch
Punjab National Bank
BO: Maharani Bagh, Plot No. 3, Commercial Complex,
Siddhartha Enclave
New Delhi – 110 014
Current Bank Account No. 1509002100014647
History of the company
Incorporated on March 18, 1993 by the name of Chand Bagh Investments Private Limited with
the Registrar of Companies, Delhi & Haryana, as a private limited company. CBIL later changed
its name to Chand Bagh Investments Limited and a fresh Certificate of Incorporation was
obtained from Registrar of Companies, Delhi & Haryana on November 1, 1994. CBIL has its
registered office at C-631, New Friends Colony, New Delhi – 110065.
The main objects of CBIL are:
1. To carry on the business of investment company and financing industrial enterprises,
and to invest in and acquire and hold shares, stocks, debentures, debenture stocks,
bonds, obligations and securities issued or guaranteed by any company constituted or
carrying on business in India or elsewhere and debentures, debenture stocks, bonds,
obligations, and securities issued by or guaranteed by any Government State, dominion,
sovereign, ruler, commissioner public body or authority supreme, municipal, local or
otherwise, whether in India or elsewhere.
2. To carry on the business of issue house for issue of shares, debenture stocks, bonds and
for that purpose, arrange for underwriters, brokers, bankers, advisors and act as a
registrar to the issue of shares as service organization in all its aspects arrange and
assist in the arrangement of finance and know-how for projects or collaborators for
projects, whether in India or elsewhere.
Chand Bagh Investments Limited was first allotted equity shares in Globus Spirits on 24.6.1993
and held as much as 25,00,000 equity shares on 1.11.1994 out of the total 25,00,070 equity
shares of Globus Spirits. The Shares allotted to Chand Bagh were at face value since 1993 and
the Company’s networth was comfortable to make such investments in Globus Spirits. As on
date, Chand Bagh Investments Ltd holds 1,13,67,510 Equity Shares in Globus Spirits Limited
accounting for 92.74% of the Pre-Issue paid-up capital of the Company.
Promoter
Mr. Ajay Kumar Swarup is the Promoter of CBIL. Mr. Ajay Kumar Swarup holds 26.16% equity in
CBIL, Astral Capitals Private Limited holds 50% in CBIL and Northern India Alcohol Sales Pvt.
Ltd. holds 23.79% in CBIL. Mr. Ajay Kumar Swarup holds 82.50% equity in Astral Capitals
Private Limited. Northern India Alcohol Sales Private Limited is a company promoted by Mr. Ajay
Kumar Swarup wherein Mr. Ajay Kumar Swarup holds 82.06% equity.
Mr. Ajay Swarup, Mrs. Madhavi Swarup (his wife), Mr. Madhav Kumar Swarup, Mrs. Saroj Rani
Swarup (his mother), Astral Capitals Private Limited and Northern Alcohol Sales Pvt. Ltd. in
combination hold 99.98% of the CBIL’s equity.
Board of Directors
Mr. Ajay Kumar Swarup
Mrs. Madhavi Swarup
Mrs. Saroj Rani Swarup
Shareholding
146