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APR Constructions Limited - Saffron Capital

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Except for what has been stated above our Company has not issued any Equity Share for consideration other than<br />

cash. Further, our Company has not allotted any Equity Shares pursuant to any scheme approved under section 391-<br />

394 of the Companies Act, 1956. No bonus shares have been issued by capitalizing any revaluation reserve. Our<br />

Company has not made any issue of Equity Shares during the preceding one year from the date of this Draft Red<br />

Herring Prospectus at a price lower than the Issue Price.<br />

2. Shares issued for consideration other than cash & by way of capitalization of free reserves<br />

Date of Allotment<br />

No. of Equity<br />

Shares<br />

28-Dec-06 20,00,000 <strong>Capital</strong>isation of free<br />

7-Dec-07 20,25,720 <strong>Capital</strong>isation of free<br />

reserves<br />

9-Mar-09 60,77,160 <strong>Capital</strong>isation of free<br />

reserves<br />

Consideration Reasons of Allotment Benefits<br />

accruing to our<br />

Company<br />

Bonus Issue(1:4) Nil<br />

reserves<br />

Bonus Issue(1:5) Nil<br />

50<br />

Bonus Issue(1:2)<br />

3. Our Company does not have an employee stock option or employee stock purchase scheme for our employees as<br />

on the date of the Draft Red Herring Prospectus.<br />

4. Our Company presently do not have any proposal or intention to alter our capital structure by way of split or<br />

consolidation of the denomination of Equity Shares or issue of specified securities on a preferential basis or issue<br />

of bonus or rights or further public issue of Equity Shares or Qualified Institutions Placement within a period of<br />

six months from the date of opening of this Issue. However, if we go in for acquisitions or joint ventures, we may<br />

consider raising additional capital to fund such activity or use Equity Shares as currency for acquisition or<br />

participation in such joint ventures.<br />

5. <strong>Capital</strong> built up of the Promoters is detailed below:<br />

Date of<br />

allotment/<br />

Transfer<br />

Number of<br />

Equity<br />

Shares<br />

Face<br />

Value<br />

(in `)<br />

Issue /<br />

transfer<br />

price<br />

(in `)<br />

Consideration (cash,<br />

bonus, consideration<br />

other than cash)<br />

Mode of<br />

Acquisition<br />

Nil<br />

% of<br />

pre-<br />

Issue<br />

paidup<br />

capital<br />

% of<br />

post-<br />

Issue<br />

paidup<br />

capit<br />

al<br />

Mr. Adala Prabhakara Reddy<br />

31-Mar-05 15,00,000 10 10 Cash Preferential 8.23 []<br />

Allotment<br />

15-Oct-05 40,00,000 10 10 Cash Preferential 21.94 []<br />

Allotment<br />

28-Dec-06 13,75,000 10 - <strong>Capital</strong>isation of free Bonus 7.54 []<br />

reserves<br />

07-Dec-07 13,75,000 10 - <strong>Capital</strong>isation of free Bonus 7.54 []<br />

reserves<br />

09-Mar-09 41,25,000 10 - <strong>Capital</strong>isation of free Bonus 22.63 []<br />

reserves<br />

Total (A) 1,23,75,000 - 67.88 []<br />

Mr. Pulagam Harikrishna<br />

On Incorporation 5,000 10 10 On Conversion of Subscriber 0.03 []<br />

partners‟ capital into to the MOA<br />

share capital<br />

28-Dec-06 1,250 10 - <strong>Capital</strong>isation of free Bonus 0.01 []

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