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

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

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3. Networth means aggregate of value of the paid-up share capital and free reserves (excluding revaluation reserves) reduced by the aggregate value of accumulated losses and deferred expenditure not written off (including miscellaneous expenses not written off) as per the audited balance sheet. The Company has not done any business of alcohol since incorporation. Mr. Ajay Kumar Swarup holds 82.06% equity. Mr. Ajay Kumar Swarup along with Mrs. Madhavi Swarup and Mrs. Saroj Rani Swarup hold 97% equity. Share Quotation The Company is not listed in any Stock Exchange. The Company has not come out with any Public or Rights Issue since inception. There are no defaults in meeting any statutory/bank/institutional dues. No proceedings have been initiated for economic offences against the Company and it is not a sick Company within the meaning of Sick Industrial Companies (Special Provisions) Act, 1985. 5. RAJASTHAN DISTILLERIES PRIVATE LIMITED The Company has been promoted by Mr. Ajay Kumar Swarup. The Company was incorporated on June 11, 1997 with the Registrar of Companies, NCT of Delhi & Haryana, as a private limited company, with its registered office at C-631, New Friends Colony, New Delhi-110065. The main objects is to carry on and manage the business or trades of Whisky, Gin, Beer, Rum, Brandy and general distillers, compounders and rectifiers, merchants, exporters, importers etc. BOARD OF DIRECTORS Mr. Madhav Kumar Swarup Mr. Kanshi Prasad Pandey Mr. Rajat Sangal SHAREHOLDING Sl.No. Name of Shareholder No. of Shares held %age Shareholding 1. Mr. Alok Jain 10 0.10 2. Mrs. Meera Jain 10 0.10 3. Northern India Alcohol 10,000 99.80 Sales Pvt. Ltd. TOTAL 10,020 100.00 The financial highlights for the last 3 years are given below: Year Ended March 31 2008-09 (Audited) 2007-08 (Audited) (Rs. in lakhs) 2006-07 (Audited) Total Income 1.98 Nil Nil Profit after tax (PAT) (1.58) Nil Nil Share Capital (1) 1.00 1.00 1.00 Reserves (excluding revaluation reserve) Nil Nil Nil Earnings per share (EPS) (Rs.) Nil Nil Nil Net Asset Value (NAV) per share (Rs.) (128.22) (143.04) (142.2) Networth (12.85) (14.33) (14.25) Source: Audited Financial Statements 179

Notes: 1. Face value of each equity share is Rs.10/-. 2. For the calculation of Earnings Per Share and Net Asset Value per share, number of equity shares outstanding at the end of the year has been considered. 3. Networth means aggregate of value of the paid-up share capital and free reserves (excluding revaluation reserves) reduced by the aggregate value of accumulated losses and deferred expenditure not written off (including miscellaneous expenses not written off) as per the audited balance sheet. The Company has not been carrying on any business. 99.80% of the company’s equity is held by Northern India Alcohol Sales Pvt. Ltd., a company wherein 97% is held by Mr. Ajay Kumar Swarup, Mrs. Madhavi Swarup and Mrs. Saroj Rani Swarup. Share Quotation The Company is not listed in any Stock Exchange. The Company has not come out with any Public or Rights Issue since inception. There are no defaults in meeting any statutory/bank/institutional dues. No proceedings have been initiated for economic offences against the Company and it is not a sick Company within the meaning of Sick Industrial Companies (Special Provisions) Act, 1985. 6. BIOTECH INDIA LIMITED Mr. Ajay Kumar Swarup is the promoter of the Company. The Company was incorporated on May 5, 1994 with the Registrar of Companies, Delhi & Haryana, as a public limited company. It obtained Certificate for Commencement of Business on February 17, 1995. The company has its registered office at C-631, New Friends Colony, New Delhi – 110 065. The main objects are to carry on the business of civil, mechanical, electrical, chemical, consulting engineers etc. BOARD OF DIRECTORS Mr. Madhav Kumar Swarup Mr. Ajay Kumar Swarup Mrs. Madhavi Swarup Mr. Suhas Vasant Joshi 180

Notes:<br />

1. Face value of each equity share is Rs.10/-.<br />

2. For the calculation of Earnings Per Share and Net Asset Value per share, number of<br />

equity shares outstanding at the end of the year has been considered.<br />

3. Networth means aggregate of value of the paid-up share capital and free reserves<br />

(excluding revaluation reserves) reduced by the aggregate value of accumulated<br />

losses and deferred expenditure not written off (including miscellaneous expenses not<br />

written off) as per the audited balance sheet.<br />

The Company has not been carrying on any business.<br />

99.80% of the company’s equity is held by Northern India Alcohol Sales Pvt. Ltd., a<br />

company wherein 97% is held by Mr. Ajay Kumar Swarup, Mrs. Madhavi Swarup and Mrs.<br />

Saroj Rani Swarup.<br />

Share Quotation<br />

The Company is not listed in any Stock Exchange. The Company has not come out with any<br />

Public or Rights Issue since inception.<br />

There are no defaults in meeting any statutory/bank/institutional dues. No proceedings have<br />

been initiated for economic offences against the Company and it is not a sick Company<br />

within the meaning of Sick Industrial Companies (Special Provisions) Act, 1985.<br />

6. BIOTECH INDIA LIMITED<br />

Mr. Ajay Kumar Swarup is the promoter of the Company.<br />

The Company was incorporated on May 5, 1994 with the Registrar of Companies, Delhi &<br />

Haryana, as a public limited company. It obtained Certificate for Commencement of Business<br />

on February 17, 1995. The company has its registered office at C-631, New Friends Colony,<br />

New Delhi – 110 065. The main objects are to carry on the business of civil, mechanical,<br />

electrical, chemical, consulting engineers etc.<br />

BOARD OF DIRECTORS<br />

Mr. Madhav Kumar Swarup<br />

Mr. Ajay Kumar Swarup<br />

Mrs. Madhavi Swarup<br />

Mr. Suhas Vasant Joshi<br />

180

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