LETTER OF OFFER - TakeoverCode.com

d) The Share Capital / Voting Rights of the Target Company will be as under :
Paid up Equity Shares of Target company
No. of Shares of
Rs. 10 each/
voting rights
% of
shares/voting
rights
Fully paid up equity shares 60,08,200 100.00
Partly paid up equity shares ---- ----
Total paid up equity shares 60,08,200 100.00
Total voting rights in Target company 60,08,200 100.00
There are no partly paid up shares. There are no outstanding Convertible instruments
(warrants / FCDs / PCDs etc.) issued by the Target Company.
e) The shares of the Target Company are listed on the Bombay Stock Exchange Limited (BSE).
However BSE has suspended the trading in the shares of the company with effect from August
14, 2000 on account of non compliance of the listing agreement. The Company has complied with
applicable clauses of listing agreement since April 2005, and is presently in compliance with all
applicable clauses of the listing agreement.
f) The Current capital structure and its build up since inception is as under:
Date
of
Allotment
No of
shares
issued
Cumulative
Paid up capital
(no. of shares)
Mode of
allotment
Identity of allottees
(promoters/ expromoters/
others)
Status
of
compliance
29-Oct-83 70 70 Subscribers to
the MOA
Promoters
Complied
30-Nov-83 4930 5000 Further issue to
Promoter
Promoters
Complied
27-Jan-84 240000 245000 IPO Promoters and
public
04-Sep-92 505000 750000 Right issue Promoters and
public
Complied
Complied
31-Mar-95 5258200
6008200*
Right cum
public issue
Promoters and
public
Complied
* Please refer to the note mentioned below para 6(j)
g) JRL, its existing promoters, Seller and majority shareholders have complied with all the
applicable provisions of Chapter II of the SEBI (SAST) Regulations. However there was a
delay in compliance by JRL, for the period 1998 to 2005, 2007 and 2008. The target
company will opt for the ‘consent scheme’ under SEBI Guidelines for Consent Orders for
regularizing the delay made in filing of disclosure under Chapter II of the SEBI (SAST)
Regulations, 1997.
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