APR Constructions Limited - Saffron Capital

GROUP COMPANIES
1. APR Bridge Company Private Limited (“APRBCPL”)
APRBCPL is a private limited company promoted by Mr. Pulagam Harikrishna. It was incorporated on October
13, 2008 as a private limited company with its registered office at Flat No 404, 5 th Floor, Bhanu Enclave,
Erragadda, Hyderabad 500038. APRBCPL was formed as a Special Purpose Vehicle for undertaking contract
pertaining to construction and maintenance of bridge across River Krishna. There has been no activity in the
company as the project has not taken off by the Andhra Pradesh State Government.
APRBCPL was a subsidiary of our Company in FY 2009. Our Company was allotted 24,255 equity shares of
APRBCPL. Subsequently, our Company divested 20,000 equity shares on March 30, 2010 consequent to which
the shareholding of our Company in APR Bridge Company Private Limited was reduced to 28.48%, and thereby
ceased to be the subsidiary of our Company.
APRBCPL presently has an authorized capital of `10,00,000/- (Rupees Ten Lakhs) consisting of 40,000 equity
shares of `10 each aggregating`4,00,000 (Rupees Four Lakhs) and 6,000 Cumulative Redeemable optionally
convertable preference shares of `100 each aggregating to `6,00,000 (Rupees Six Lakhs).
Board of Directors
The composition of the Board of Directors of APRBCPL is as under:
Sr. No. Name Designation
1. Mr. Pulagam Harikrishna Director
2. Mrs. Adala Vindhyavali Director
Shareholding Pattern
Sr. No. Name of Share Holder No. of Shares held Percentage of Share Holding
1 Mr. Pulagam Harikrishna 24,500 71.52
2. M/s APR Constructions Limited 9,755 28.48
Total 34,255 100.00
Financial performance (Audited)
(` lakhs)
Particulars
For the year ended
31-Mar-10
31-Mar-09
Sales and other income 0.00 0.00
Profit/(Loss) after tax 0.00 0.00
Equity capital (par value `10 per share) 3.43 1.00
Reserves and Surplus 0.00 0.00
Earnings per share (`) N.A. N.A.
Book value per equity share (`) 8.55 5.02
The Equity shares of APRBCPL are not listed on any stock exchanges. There have been no amalgamation/
takeovers during the past three years.
APRBCPL is not sick company within the meaning of the Sick Industrial Companies (Special Provisions) Act,
1985. There are no defaults in meeting any statutory/bank/institutional dues. No proceedings have been initiated
for economic offences against APRBCPL.
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