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

Documents for Inspection
i) Memorandum and Articles of Association of Globus Spirits Limited as amended from time
to time.
ii) Certificate of Incorporation dated February 16, 1993.
iii) Certificate of Commencement of Business dated March 19, 1993.
iv) Fresh Certificate of Incorporation dated January 23, 2007 consequent upon change of
name from Globus Agronics Limited to Globus Spirits Ltd.
v) Resolution Passed by the Board of Directors at their meeting held on April 2, 2009 for
the proposed Public Issue.
vi) Special Resolution passed by the shareholders of the Company at the EGM held on May
29, 2009, pursuant to Section 81 (1A) of the Companies Act, 1956.
vii) Copies of Audited Financial Results of Globus Spirits Limited for the years ended 31 st
March, 2005, 2006, 2007, 2008, 2009 and period ended June 30, 2009.
viii) Auditor’s Report on the Restated financial statements of the Company in terms of
Schedule II part II of the Companies Act, 1956 dated August 1, 2009 and included in the
Red Herring Prospectus.
ix) Sanction letters towards Term Loan and Working Capital facilities.
x) Consents of the Directors, Company Secretary & Compliance Officer, Auditors, Book
Running Lead Manager, Registrar to the Issue, Bankers to the Issue, Bankers to the
Company, and Legal Advisor to the Issue, as referred to, to act in their respective
capacities.
xi) Tax Benefit Certificate dated August 1, 2009 from M/s B.M. Chatrath & Co., Chartered
xii)
Accountants, and Statutory Auditors of the Company.
Copy of the Auditors Certificate dated August 12, 2009 from M/s B.M. Chatrath & Co.
Chartered Accountants regarding the Sources and Deployment of Funds as on July 31,
2009
xiii) State Bank of India Financial Appraisal Report dated September 5, 2008.
xiv) Copy of the Resolution passed at the Board Meeting held on December 1, 2006
appointing Mr. Ajay Kumar Swarup as Managing Director and, Mr. Rajesh Kumar Malik
and Mr. Rameshwar Dayal Aggarwal as Whole Time Directors and; copy of the Resolution
passed at the Board Meeting held on August 1, 2009 re-appointing Mr. Manik Lal Dutta
as Whole Time Director.
xv)
Copies of the Resolutions passed at the EGM held on December 29, 2006 appointing Mr.
Ajay Kumar Swarup as Managing Director and, Mr. Rajesh Kumar Malik and Mr.
Rameshwar Dayal Aggarwal as Whole Time Directors and; copy of the Resolution passed
at the AGM held on September 30, 2006 appointing Mr. Manik Lal Dutta as Whole Time
Director.
xvi) Copies of Orders placed, and Quotations obtained for equipments yet to be ordered.
xvii) In-principle listing approvals received from BSE dated 13.01.2009 and from NSE dated
28.01.2009.
xviii) General Power of Attorney dated September 17, 2008 executed by Directors in favour of
Mr. Manik Lal Dutta or Mr. Santosh Pattanayak for signing and making necessary
changes in the Red Herring Prospectus.
xix) Legal Advisor’s Due-Diligence Certificate dated August 24, 2009.
xx)
xxi)
Due Diligence Certificate dated August 14, 2009 to SEBI from Srei Capital Markets Ltd.
Due Diligence Certificate dated August 14, 2009 to SEBI from Keynote Corporate
Services Limited
xxii) SEBI Observation Letter no. CFD/DIL/ISSUES/NB/DM/53920/2009 dated February 11,
2009.
xxiii) Reply to SEBI’s observations vide letter dated August 16, 2009.
xxiv) Resolution of the Members of the Company passed at the AGM held on September 30,
2008 appointing M/s B.M. Chatrath & Co., Chartered Accountants, as statutory auditors.
xxv)
xxvi)
xxvii)
Copies of forms along with relevant resolutions regarding increase in the Authorised
Share Capital.
Copy of the Board Resolution approving the Draft Red Herring Prospectus and the Red
Herring Prospectus..
Agreement entered into on April 13, 2007 between the Company, Mr. Deepak Roy and
Mr. Ajay Kumar Swarup.
xxviii) IPO Grading letter dated August 10, 2009 along with rationale from Credit Analysis &
Research Limited (CARE).
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