APR Constructions Limited - Saffron Capital
APR Constructions Limited - Saffron Capital
APR Constructions Limited - Saffron Capital
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Public Issues in the Last Three Years<br />
Neither our Company nor our Group Companies have made any public issues in the last three years.<br />
Performance vis-à-vis Objects – Last One Issue of Group Companies<br />
None of our Group Companies have made public/rights or composite issues during the period of 10 years preceding<br />
the date of filing this Draft Red Herring Prospectus with SEBI.<br />
Underwriting Commission, Brokerage and Selling Commission on Previous Issues<br />
There has been no public issue of the Equity Shares in the past. Thus, no sum has been paid or has been payable as<br />
commission or brokerage for subscribing to or procuring or agreeing to procure subscription for any of the Equity<br />
Shares since our Company‟s inception.<br />
Outstanding Debentures or Bond Issues or Preference Shares<br />
Our Company has no outstanding debentures or bonds or redeemable preference shares or other instruments as of the<br />
date of this Draft Red Herring Prospectus.<br />
Stock Market Data of the Equity Shares<br />
This being an initial public issue of our Company, the Equity Shares are not listed on any stock exchange.<br />
Other Disclosures<br />
Except as disclosed under “<strong>Capital</strong> Structure – Notes to <strong>Capital</strong> Structure” beginning on page 49, none of our<br />
Directors, Promoters, the respective directors of our Promoters and/or the members of our Promoter Group have<br />
purchased or sold any securities of our Company, during a period of six months preceding the date of filing this Draft<br />
Red Herring Prospectus with SEBI.<br />
SEBI has not initiated any action against any entity associated with the securities market, with which our Directors<br />
are associated.<br />
Mechanism for Redressal of Investor Grievances<br />
The agreement between the Registrar to the Issue and our Company will provide for retention of records with the<br />
Registrar to the Issue for a period of at least three year from the last date of dispatch of the letters of Allotment, or<br />
refund orders, demat credit or, where refunds are being made electronically, giving of refund instructions to the<br />
clearing system, to enable the investors to approach the Registrar to the Issue for redressal of their grievances.<br />
All grievances relating to this Issue may be addressed to the Registrar to the Issue, giving full details such as name,<br />
address of the applicant, application number, number of Equity Shares applied for, amount paid on application,<br />
Depository Participant, and the bank branch or collection centre where the application was submitted.<br />
All grievances relating to the ASBA process may be addressed to the Registrar to the Issue with a copy to the relevant<br />
SCSB, giving full details such as name, address of the applicant, number of Equity Shares applied for, amount paid on<br />
application and the relevant Designated Branch or collection centre of SCSB where the physical ASBA Form was<br />
submitted by an ASBA Bidder.<br />
Disposal of Investor Grievances by our Company<br />
Our Company estimates that the average time required by our Company or the Registrar to the Issue for the redressal<br />
of routine investor grievances shall be 10 Working Days from the date of receipt of the complaint. In case of<br />
complaints that are not routine or where external agencies are involved, our Company will seek to redress these<br />
complaints as expeditiously as possible. Our Company has appointed Mr. Prakash Reddy Pentareddy, as the<br />
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