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

7. Disclaimer Clause of CARE
CARE’s IPO grading is a one time assessment and the analysis draws heavily from the
information provided by the issuer as well as information obtained from sources believed by
CARE to be accurate and reliable. However, CARE, does not guarantee the accuracy,
adequacy or completeness of any information and is not responsible for any errors or
omissions or for the results obtained from the use of such information. CARE’s IPO grading
does not take cognizance of the price of the security and it is not a recommendation to buy,
sell or hold shares/securities. It is also not a comment on the offer price or the listed price of
the scrip. It does not imply that CARE performs an audit function or forensic exercise to
detect fraud. It is also not a forecast of the future market performance and the earnings
prospects of the issuer; also it does not indicate compliance/violation of various statutory
requirements. CARE shall not be liable for any losses incurred by users from any use of the
IPO grading.
8. Disclaimer Clause of the Stock Exchanges
Disclaimer Clause of the Bombay Stock Exchange Limited (BSE) – The Designated
Stock Exchange
Bombay Stock Exchange Limited (“the Exchange”) has given vide its letter dated January
13,2009, permission to the Company to use the Exchange’s name in the Offer Document as
one of the stock exchanges on which the Company’s securities are proposed to be listed. The
Exchange has scrutinised the Offer Document for its limited internal purpose of deciding on
the matter of granting the aforesaid permission to the Company. The Exchange does not in
any manner:
I. warrant, certify or endorse the correctness or completeness of any of the contents of
the Offer Document; or
II. warrant that the Company’s securities will be listed or will continue to be listed on
the Exchange ; or
III. take any responsibility for the financial or other soundness of the Company, its
promoters, its management or any scheme or project of the Company;
and it should not for any reason be deemed or construed that the Offer Document has been
cleared or approved by the Exchange. Every Person who desires to apply for or otherwise
acquires any securities of the Company may do so pursuant to independent inquiry,
investigation and analysis and shall not have any claim against the Exchange whatsoever by
reason of any loss which may be suffered by such person consequent to or in connection
with such subscription/ acquisition whether by reason of anything stated or omitted to be
stated herein or for any other reason whatsoever.
Disclaimer Clause of the National Stock Exchange of India Limited (NSE)
As required, a copy of the Offer Document has been submitted to National Stock Exchange
of India Limited (herinafter refererd to as NSE). NSE has given vide its letter ref.
NSE/LIST/98094-W dated January 28, 2009, permission to the Issuer to use Exchange’s
name in this Offer Document as one of the Stock Exchanges on which this Issuer’s securities
are proposed to be listed. The Exchange has scrutinised the Draft Offer Document for its
limited internal purpose of deciding on the matter of granting the aforesaid permission to the
Issuer. It is to be distinctly understood that the aforesaid permission given by NSE should
not in any way be deemed or construed that the Offer Document has been cleared or
approved by NSE; nor does it in any manner warrant, certify or endorse the correctness or
completeness of any of the contents of the Offer Document; nor does it warrant that the
issuer’s securities will be listed or will continue to be listed on the Exchange ; nor does it
take any responsibility for the financial or other soundness of the Issuer, its promoters, its
management or any scheme or project of the Issuer.
Every Person who desires to apply for or otherwise acquires any securities of the Issuer may
do so pursuant to independent inquiry, investigation and analysis and shall not have any
claim against the Exchange whatsoever by reason of any loss which may be suffered by such
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