Annexure XIV Continued⦠- Edelweiss
Annexure XIV Continued⦠- Edelweiss
Annexure XIV Continued⦠- Edelweiss
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Except as stated in the sections titled “Our Promoters and Group Companies” beginning on page 238 of this<br />
Draft Red Herring Prospectus, there are no listed companies under the same management as our Company<br />
within the meaning of Section 370(1B) of the Companies Act, 1956 which have made any capital issues in the<br />
last three years.<br />
Details of public / rights issues by our listed Group Companies in the last three years<br />
None of our listed Group Companies has made any public/rights issue in the last three years.<br />
Performance vis-à-vis objects – Previous issues of Group Companies in the 10 ten years<br />
There has been no public issue (including any rights issue to the public) by any of our Group Companies in the<br />
last 10 years preceding the date of this Draft Red Herring Prospectus.<br />
Outstanding debentures, bonds, redeemable preference shares and other instruments issued by our<br />
Company<br />
Our Company has no outstanding debentures, bonds or redeemable preference shares or any other instruments<br />
that would give any person the right to subscribe to Equity Shares as of the date of this Draft Red Herring<br />
Prospectus.<br />
Option to Subscribe<br />
The Equity Shares being offered through the Red Herring Prospectus can be applied for in dematerialized form<br />
only.<br />
Stock market data for our Equity Shares<br />
This being an initial public issue of our Company, the Equity Shares of our Company are not listed on any<br />
stock exchange.<br />
Mechanism for redressal of investor grievances<br />
The Agreement between the Registrar to the Issue, the Company and the Selling Shareholders will provide for<br />
retention of records with the Registrar to the Issue for a period of at least three years from the last date of<br />
dispatch of the letters of Allotment, demat credit and refund orders, or where refunds are being made<br />
electronically, giving of refund instructions to the clearing system, to enable the investors to approach the<br />
Registrar to the Issue for redressal of their grievances.<br />
All grievances relating to the Issue may be addressed to the Registrar to the Issue, giving full details such as<br />
name, address of the applicant, number of Equity Shares applied for, amount paid on application and the bank<br />
branch or collection centre where the application was submitted.<br />
All grievances relating to the ASBA process may be addressed either to (i) the concerned member of the<br />
Syndicate, in the event of a Bid submitted by an ASBA Bidder at any of the Syndicate ASBA Centres, or (ii)<br />
the SCSBs, giving full details such as name, address of the applicant, number of Equity Shares applied for,<br />
amount paid on application and, in the event of a Bid submitted directly with a Designated Branch by an<br />
ASBA Bidder, the Designated Branch of the SCSB where the Bid cum Application Form was submitted by the<br />
ASBA Bidder.<br />
Disposal of Investor Grievances by the Company<br />
We estimate that the average time required by us or the Registrar to the Issue or the SCSBs for the redressal of<br />
routine investor grievances will be seven Working Days from the date of receipt of the complaint. In case of<br />
non-routine complaints and complaints where external agencies are involved, we will seek to redress these<br />
complaints as expeditiously as possible.<br />
We have appointed a Shareholders/Investors Grievance Committee on March 28, 2011 comprising of Mr.<br />
Kuldeep Singh Solanki, Mr. Rudra Sen Sindhu and Mr. Ganesh Chandra Mrig. The composition of the<br />
Shareholders/Investors Grievance Committee is as follows:<br />
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