KAMDHENU ISPAT LIMITED - Securities and Exchange Board of India
KAMDHENU ISPAT LIMITED - Securities and Exchange Board of India
KAMDHENU ISPAT LIMITED - Securities and Exchange Board of India
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to permission from Reserve Bank <strong>of</strong> <strong>India</strong>; Permanent <strong>and</strong> Regular employees <strong>of</strong> the Company; Non-Resident<br />
<strong>India</strong>ns (NRIs) <strong>and</strong> Foreign Institutional Investors (FIIs) on repatriation / non-repatriation basis. This Prospectus<br />
does not, however, constitute an Issue to sell or an invitation to subscribe to shares <strong>of</strong>fered hereby in any other<br />
jurisdiction to any person to whom it is unlawful to make an Offer or invitation in such jurisdiction. Any person into<br />
whose possession this Prospectus comes is required to inform himself about <strong>and</strong> to observe any such restrictions.<br />
Any dispute arising out <strong>of</strong> this Issue will be subject to the jurisdiction <strong>of</strong> appropriate court(s) in New Delhi only. No<br />
action has been or will be taken to permit a public <strong>of</strong>fering in any jurisdiction where action would be required for that<br />
purpose, except that this Prospectus has been submitted to SEBI. Accordingly, the Equity Shares, represented<br />
thereby may not be <strong>of</strong>fered or sold, directly or indirectly, <strong>and</strong> this Prospectus may not be distributed, in any jurisdiction,<br />
except in accordance with the legal requirements applicable in such jurisdiction. Neither the delivery <strong>of</strong> this<br />
Prospectus nor any sale hereunder shall, under any circumstances, create any implication that there has been no<br />
change in the affairs <strong>of</strong> the Company since the date here<strong>of</strong> or that the information contained herein is correct as <strong>of</strong><br />
or at any time subsequent to this date.<br />
Disclaimer Clause <strong>of</strong> the Stock <strong>Exchange</strong>s {will be added after receipt from the respective stock exchange}<br />
BSE<br />
NSE<br />
Filing <strong>of</strong> Prospectus with the <strong>Board</strong> <strong>and</strong> the Registrar <strong>of</strong> Companies<br />
A copy <strong>of</strong> this Draft Prospectus has been filed with SEBI, Mumbai. A copy <strong>of</strong> the Prospectus, along with the<br />
material contracts <strong>and</strong> documents required to be filed under Section 60 <strong>of</strong> the Companies Act would be delivered for<br />
registration to the Registrar <strong>of</strong> Companies, NCT <strong>of</strong> Delhi & Haryana, Paryavaran Bhavan, ‘B’ Block, II Floor, C.G.O.<br />
Complex, Lodhi Road, New Delhi – 110 003.<br />
Listing<br />
The Company proposes to list the existing Equity Shares on BSE <strong>and</strong> NSE. The listing applications have been<br />
made to these Stock <strong>Exchange</strong>s for permission to list the Equity Shares <strong>and</strong> for an <strong>of</strong>ficial quotation <strong>of</strong> the Equity<br />
Shares <strong>of</strong> the Company.<br />
In case, the permission for listing <strong>and</strong> or dealing & <strong>of</strong>ficial quotation <strong>of</strong> the Equity Shares is not granted by any <strong>of</strong> the<br />
above mentioned Stock <strong>Exchange</strong>s, the Company shall forthwith repay, without interest, all moneys received from<br />
the applicants in pursuance <strong>of</strong> this Prospectus. If such money is not repaid within 8 days after the day from which the<br />
Issuer becomes liable to repay it, then the Company <strong>and</strong> every director <strong>of</strong> the Company who is an <strong>of</strong>ficer in default<br />
shall, on <strong>and</strong> from expiry <strong>of</strong> 8 days, be jointly <strong>and</strong> severally liable to repay that money with interest as prescribed<br />
under Section 73 <strong>of</strong> the Companies Act, 1956.<br />
Impersonation<br />
Attention <strong>of</strong> the applicants is specifically drawn to the provisions <strong>of</strong> sub-section (1) <strong>of</strong> Section 68A <strong>of</strong> the<br />
Companies Act, 1956, which is reproduced below:<br />
“Any person who:<br />
a) makes in a fictitious name, an application to a Company for acquiring or subscribing for, any shares<br />
therein, or<br />
b) otherwise induces a Company to allot, or register any transfer <strong>of</strong> shares therein to him, or any other<br />
person in a fictitious name,<br />
shall be punishable with imprisonment for a term which may extend to five years.”<br />
Consents<br />
The written consents <strong>of</strong> Directors, Company Secretary, Lead Manager to the Issue, Legal Advisor to the Issue,<br />
Registrar to the Issue, Auditors, Tax Auditors <strong>and</strong> Bankers to the Company to act in their respective capacities, have<br />
been obtained <strong>and</strong> filed along with a copy <strong>of</strong> the Prospectus with the Registrar <strong>of</strong> Companies, NCT <strong>of</strong> Delhi &<br />
Haryana at New Delhi as required under Section 60 <strong>of</strong> the Companies Act <strong>and</strong> such consents have not been<br />
withdrawn up to the time <strong>of</strong> delivery <strong>of</strong> the Prospectus for registration<br />
Expert Opinion<br />
The Company has not obtained any expert opinions related to the present Issue, except the opinion <strong>of</strong> the Tax<br />
Auditors, S.Singhal &Co, Chartered Accountants on the tax benefits available to the investors<br />
Public Issue Expenses<br />
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