APR Constructions Limited - Saffron Capital

TRUST:
Adala Prabhakar Reddy Charitable Trust:
Brief History
Adala Prabhakar Reddy Charitable Trust is situated at 23/1306, Tekkemitta, Nellore, Andhra Pradesh formed
under the Trust deed dated May 05, 1999. Mr. Adala Prabhakara Reddy is the founder and Managing Trustee of
the Trust.
Nature of Activities
The main object of the trust is to provide assistance to the poor and needy, provision of medical facilities and
education, render help to the victims of natural calamities, rural development programs, assistance to orphans,
physically handicapped and mentally retarded, establish and maintain old age homes, etc.
HUF:
A. Prabhakar Reddy HUF
A. Prabhakar Reddy HUF consists of Mr. Adala Prabhakara Reddy (Karta) and Mrs. Adala Vindhyavali as
parceners. There are no financial activity in this HUF reported other than the investment in our Company.
Common Pursuits
Except as stated below, the Promoters do not have an interest in any venture that is involved in any activities
similar to those conducted by the Company or any member of the Group Companies.
1. Sreenivasa Associates (Project Works) Limited (“SAL”)
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 and business activities similar to that of our
Company. Considering the current financial position of the company it may not be in a position to compete with
us in bidding and procuring large contracts.
Sale or Purchase Exceeding 10% between Companies in the Promoter Group
There are no sale or purchase transactions between our Company and Companies in the Group exceeding in
value of 10% of the total sale or purchase of our Company except those transaction mentioned under “Financial
Statements -Related Party Transactions” beginning on page 165 of this Draft Red Herring Prospectus.
Nature and interest of the Group Companies in our Company
Except as discloused unde “Financial Statements -Related Party Transactions” beginning on page 165 of this
Draft Red Herring Prospectus, there are no business interest of any of the group companies in our Company.
Currency of Presentation
All references to “Rupees” or “Rs.” Or “`” are to Indian Rupees, the official currency of the Republic of India.
Rs. 1 lac / lakh means Rs. 1,00,000 and Rs. 1 Crore means Rs. 100,00,000. All references to “US$”, “USD” or
United States Dollars are to the official currency of the United States of America.
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