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

The Company will provide adequate funds required for dispatch of refund orders or allotment
advice to the Registrar to the Issue.
Refunds will be made by cheques, pay-orders or demand drafts drawn on a bank appointed by
us, as Escrow Collection Banks and payable at par at places where Bids are received except
where the refund or portion thereof is made in electronic mode/manner. Bank charges, if any,
for encashing such cheques, pay orders or demand drafts at other centers will be payable by the
Bidders.
For ASBA process, please refer section “Issue Procedure for ASBA Bidders” in the Red Herring
Prospectus.
Impersonation
Attention of the applicants is specifically drawn to the provisions of sub-section (1) of
Section 68A of the Companies Act, which is reproduced below:
“Any person who:
a. Makes in a fictitious name, an application to a company for acquiring or
subscribing for, any shares therein, or
b. Otherwise induces a company to allot, or register any transfer of shares therein
to him, or any other person in a fictitious name
shall be punishable with imprisonment for a term which may extend to five years.”
Interest in case of delay in dispatch of allotment letters/refund orders/ instructions to
self certified Syndicate Banks in ASBA Process
The Company agrees that allotment of securities offered to the public shall be made not later
than 15 days of the closure of Public Issue. The Company further agrees that it shall pay interest
@15% per annum if the allotment letters/refund orders have not been dispatched to the
applicants or if, in, a case where the refund or portion thereof is made in electronic manner, the
refund instructions have not been given to the clearing system in the disclosed manner within 15
days from the date of the closure of the Issue.
However, applications received after the closure of issue in fulfilment of underwriting obligations
to meet the minimum subscriptions requirement shall not be entitled for the said interest.
Refund orders shall be payable at par at all centres where Bidding terminal were set up to
receive Bids from Bidders.
In case of applicants who receive refunds through ECS, Direct Credit or RTGS, the refund
instructions will be given to the clearing system within 15 days from the Bid/ Issue Closing Date.
A suitable communication shall be sent to the bidders receiving refunds through this mode within
15 days of Bid/ Closing Date, giving details of the bank where refunds shall be credited along
with amount and expected date of electronic credit of refund.
The Company shall use best efforts to ensure that all steps for completion of the necessary
formalities for listing and commencement of trading at all the Stock Exchanges where the Equity
Shares are proposed to be listed, are taken within seven working days of finalization of Basis of
Allotment.
UNDERTAKINGS BY THE COMPANY
The Company undertakes as follows:
a. That the complaints received in respect of this Issue shall be attended to by the
Company expeditiously and satisfactorily;
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