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

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shares in the respective beneficiary accounts, refund orders etc. The Compliance Officer may be<br />

contacted at:<br />

Mr. Santosh Kumar Pattanayak<br />

Company Secretary & Compliance Officer<br />

C-631 New Friends Colony,<br />

New Delhi – 110 065<br />

India<br />

Pin: 110065<br />

Tel.: + 91 11 26928130<br />

Fax: +91 11 26822805<br />

E-mail: ipo@globusgroup.in<br />

Website: www.globusspirits.com<br />

Address of the Registrar:<br />

Link Intime India Private Limited<br />

C-13, Pannalal Silk Mills Compound<br />

LBS Marg<br />

Bhandup (West)<br />

Mumbai – 400 078, India<br />

Tel : +91 22 2596 0320<br />

Fax: +91 22 2596 0329<br />

E-mail: gsl.ipo@intimespectrum.com<br />

Website: www.linkintime.co.in<br />

Disposal of Applications and Application Money<br />

The Company shall ensure dispatch of allotment advice, transfer advice or refund orders and<br />

give benefit to the beneficiary account with Depository Participants and submit the documents<br />

pertaining to the allotment to the Stock Exchanges within two working days of date of allotment<br />

of Equity Shares.<br />

In case of applicants who receive refunds through ECS, direct credit or RTGS, the refund<br />

instructions will be given to the clearing system with in 15 days from the Bid/Issue Closing date.<br />

A suitable communication shall be sent to the bidders receiving refunds through this mode within<br />

15 days of Bid/Closing Date, giving details of the bank where refunds shall be credited along<br />

with amount and expected date of electronic credit of refund.<br />

The Company shall put in its best efforts to insure that all steps for completion of the necessary<br />

formalities for listing and commencement of trading at all the Stock Exchanges where the Equity<br />

Shares are proposed to be listed are taken within seven working days of finalisation of the basis<br />

of allotments.<br />

In accordance with the Companies Act, the requirements of the Stock Exchanges and the SEBI<br />

DIP Guidelines, the Company further undertakes that:<br />

• Allotment of Equity Shares will be made only in dematerialized form within 15 days from<br />

the Bid/Issue Closing Date;<br />

• Dispatch of refund orders<br />

Dispatch of refund orders or in case where the refund or portion thereof is made in<br />

electronic manner, the refund instructions are given to the clearing system within 15<br />

days from the Bid/Issue Closing Date would be ensured; and<br />

• Interest in case of delay in dispatch of allotment letters/refund<br />

orders/instructions to self certified Syndicate Banks in ASBA Process<br />

The Company shall pay interest @15% (fifteen) per annum for any delay beyond the<br />

15(fifteen)-day time period as mentioned above, if Allotment is not made and refund<br />

orders are not dispatched or if, in a case where the refund or portion thereof is made in<br />

electronic manner, the refund instructions have not been given to the clearing system in<br />

262

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