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
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Payment Instructions<br />
1. Payments should be made in cash or cheque or bank draft drawn on any Bank (including a Co-operative Bank),<br />
which is situated at <strong>and</strong> is a member or a sub-member <strong>of</strong> the Bankers’ “Clearing House”, located at the Centers<br />
(indicated in the Application Form) where the Application is accepted. However, if the amount payable on<br />
application is Rs. 20,000/- or more, in terms <strong>of</strong> section 269SS <strong>of</strong> the Income-Tax Act, 1961; such payment must<br />
be effected only by way <strong>of</strong> an account payee cheque or bank draft. In case payment is effected in contravention<br />
<strong>of</strong> the conditions mentioned herein, the application is liable to be rejected <strong>and</strong> application money will be<br />
refunded <strong>and</strong> no interest will be paid thereon<br />
2. Money orders, postal orders, outstation cheques or bank drafts, cheques / draft drawn on Banks not participating<br />
in the “clearing” will not be accepted <strong>and</strong> applications accompanied with such instruments may be rejected.<br />
2. A separate cheque / bank draft must accompany each application form<br />
4. All cheques / bank drafts accompanying the application should be crossed “A/c Payee Only” <strong>and</strong> made payable<br />
to the Bankers to the Issue <strong>and</strong> marked:<br />
Category Cheques/ Bank drafts favouring<br />
Public including NRIs / FIIs on non-repatriation basis []<br />
NRIs/ FIIs on repatriation basis []<br />
<strong>India</strong>n Mutual Funds & <strong>India</strong>n <strong>and</strong> Multilateral []<br />
Development Financial Institutions []<br />
5. Investors will not have facility <strong>of</strong> applying through stockinvest instruments as RBI has withdrawn the stockinvest<br />
scheme vide notification no.DBOD.NO.FSC.BC.42/24.47.001/2003-04 dated 5/11/2003.<br />
Submission <strong>of</strong> Completed Application Forms:<br />
All applications duly completed <strong>and</strong> accompanied by cash/ cheques/ bank drafts shall be submitted at the branches<br />
<strong>of</strong> the Bankers to the Issue (listed in the Application Form) before the closure <strong>of</strong> the Issue. Application(s)<br />
should not be sent to the <strong>of</strong>fice <strong>of</strong> the Company or the Lead Manager to the Issue.<br />
Applicants residing at places where no collection centers have been opened may submit / mail their<br />
applications at their sole risk along with application money due there on by Bank Draft to the Registrar to the Issue,<br />
Karvy Computershare Private Limited superscribing the envelope “Kamdhenu Ispat Limited – Public Issue” so as to<br />
reach the Registrar on or before the closure <strong>of</strong> the Subscription List. Such bank drafts should be payable at Delhi<br />
only.<br />
The Company will not be responsible for postal delays <strong>and</strong> loss in transit. The Company will not entertain any<br />
claims, damage or loss due to postal delays or loss in transit<br />
No separate receipts will be issued for the application money. However, the Bankers to the Issue or their<br />
approved collecting branches receiving the duly completed application form will acknowledge receipt <strong>of</strong> the application<br />
by stamping <strong>and</strong> returning to the applicant the acknowledgement slip at the bottom <strong>of</strong> each application form.<br />
Applications shall be deemed to have been received by the Company only when submitted to the Bankers to the<br />
Issue at their designated branches or on receipt by the Registrar as detailed above <strong>and</strong> not otherwise.<br />
Other Instructions<br />
1. Joint Applications in case <strong>of</strong> Individuals<br />
Applications may be made in single or joint names (not more than three). In case <strong>of</strong> Joint Applications, refund,<br />
pay orders, dividend warrants etc. if any, will be drawn in favour <strong>of</strong> the first applicant <strong>and</strong> all communications<br />
will be addressed to the first applicant at her/his address as stated in the application form<br />
2. Multiple Applications<br />
An applicant should submit only one application form (<strong>and</strong> not more than one) for the total number <strong>of</strong> Equity<br />
Shares applied for. Two or more applications in single or joint names will be deemed to be multiple applications<br />
if the sole <strong>and</strong>/ or first applicant is one <strong>and</strong> the same.<br />
119