APR Constructions Limited - Saffron Capital

Any body corporate in which a body corporate as mentioned
above holds 10% or more, of the equity share capital.
Any HUF or firm in which the aggregate shareholding of the 1.
promoter and his immediate relatives is equal to or more than
10%
NIL
A. Prabhakara Reddy(HUF)
Common Pursuits
One of our Promoters, Mr. Adala Prabhakara Reddy is also the promoter of one of our group companies, Sreenivasa
Associates (Project Works) Limited which has objects similar to that of our Company.
Except as stated above none our Promoters/ any member of Promoter Group have interest in any venture that is
involved in any activities similar to those conducted by our Company. We shall adopt the necessary procedures and
practices as permitted by law to address any conflict situations, as and when they may arise.
Interest of Promoters
The Promoters of our Company are interested to the extent of their shareholding in our Company and the dividend
they are entitled to receive, if declared, by our Company. Further, our Promoters who are also the Directors of our
Company may be deemed to be interested to the extent of fees, if any, payable to them for attending meetings of the
Board or a Committee thereof as well as to the extent of other remuneration, reimbursement of expenses payable to
them.
The registered office of our Company has been acquired on lease basis from Sreenivasa Associates (Project Works)
Ltd., one of our Group Companies. Our Promoters or Promoter Group will be deemed to be interested to the extent of
the lease rent received by Sreenivasa Associates (Project Works) Ltd. from our Company. For further information on
our properties, please refer the section titled “Our Business” beginning on page 94 of this DRHP.
Except as stated in the section “Our Promoters” in this DRHP, we have not entered into any contract, agreements or
arrangements during the preceding two years from the date of this DRHP in which the Promoters are directly or
indirectly interested and no payments have been made to them in respect of the contracts, agreements or arrangements
which are proposed to be made with them including the properties purchased by our Company other than in the
normal course of business.
Further except as otherwise stated under the heading Related Party Transaction under the section titled “Financial
Statement” beginning on page 148 of this DRHP, the promoters do not have any other interest in the business of our
Company.
Payment or Benefit to Our Promoters
For details of payments or benefits paid to our promoters, please refer to paragraph “Compensation And Benefits To
Managing Director / Wholetime Director”, “Interest of Promoters” and “Related Party Transactions” beginning on
pages 127, 138 and 165 respectively of this DRHP.
Defunct Group Companies
None of our Group Companies which had remained defunct and for which application was made to the Registrar of
Companies for striking off the name of the company, during the five years preceding the date of filing offer document
with the Board except as given below:
Binduvindhya Investments Limited (BIL)
BIL, one of our Group Company, promoted by Mrs. Adala Vindhyavali and M/s APR Construction Limited on July
07, 1993 having its registered office at Flat No 101, Bhanu Enclave, Besides ESI Hospital, Erragadda, Hyderabad
500038. BIL has not carried on any commercial operations since inception.
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