24.12.2014 Views

AMBIENCE LIMITED - Cmlinks.com

AMBIENCE LIMITED - Cmlinks.com

AMBIENCE LIMITED - Cmlinks.com

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

For further information regarding the allotment of Equity Shares to our Promoters, Promoter Group and<br />

other entities, see “Capital Structure” on page 56.<br />

<br />

Except as disclosed in “Related Party Transactions” on page 150, our Company has not made any loans<br />

and advances to any person(s)/<strong>com</strong>pany in which the Directors are interested.<br />

Investors are advised to see “Basis for Issue Price” on page 74.<br />

<br />

Details of transactions by our Company with our subsidiaries and associates in fiscal 2009 are as follows:<br />

Sr. No.<br />

Nature of Transactions<br />

Associate<br />

Concerns<br />

Subsidiary Companies<br />

1 Contract receipts & sales 1,164.50 60.00<br />

2 Other in<strong>com</strong>e 3.63 -<br />

3 Electricity & fuels charges - 7.63<br />

4 Allotment of Shares (Face value + share premium) 600.00 -<br />

5 Advances receivable - 610.00<br />

6 Advances received (closing balance) 2,776.86 -<br />

7<br />

Advances outstanding at year end for acquiring<br />

development rights of projects.<br />

- 4,169.26<br />

8 Investment in Shares - 2,123.81<br />

<br />

<br />

<br />

<br />

<br />

<br />

Investors may contact the BRLMs or the Syndicate Members of the Compliance Officer for any<br />

<strong>com</strong>plaints, information or clarifications pertaining to the Issue who will be obliged to provide such<br />

clarification or information to the investors. For contact details of the BRLMs, Syndicate Members or the<br />

Compliance Officer, please see “General Information” on page 43. For further information, see “Issue<br />

Procedures” on page 343.<br />

Under subscription in the Issue in any category, except in the QIB Portion, will be met with spill-over<br />

from other categories at the sole discretion of our Company, in consultation with the BRLMs.<br />

Except as disclosed in “Capital Structure” on page 56, neither our Promoters nor our Directors have<br />

purchased or sold any Equity Shares or financed the sale or purchase by any other person during a period<br />

of six months preceding the date on which this Draft Red Herring Prospectus is filed with SEBI.<br />

Investors should note that in case of over-subscription in the Issue, allotment to the QIBs, Non-<br />

Institutional Bidders and Retail Individual Bidders shall be on a proportionate basis. For more<br />

information, see “Issue Procedure – Basis of Allotment” on page 368.<br />

Trading in Equity Shares for all investors shall be in dematerialised form only.<br />

Our Company was incorporated on April 14, 1986 as “Ambiance Constructions Private Limited” under<br />

the Companies Act. On November 24, 2006 the name was changed to “Ambience Projects and<br />

Infrastructure Limited pursuant to shareholders resolution dated November 19, 2006 as we proposed to<br />

undertake civil contracts or infrastructure development. Subsequently, on March 14, 2008 the name<br />

was changed to Ambience Limited pursuant to shareholders resolution dated March 13, 2008 to shorten<br />

its name. For additional information concerning changes in our Company‟s name and changes in our<br />

Company‟s Memorandum of Association, see “History and Certain Corporate Matters” on page 122.<br />

30

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!