APR Constructions Limited - Saffron Capital
APR Constructions Limited - Saffron Capital
APR Constructions Limited - Saffron Capital
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Regulations and in compliance with SEBI (Substantial Acquisition of Shares and Takeover<br />
Regulations), 1997, Equity Shares held by persons other than the Promoters which are locked-in as per<br />
Regulation 37 of SEBI (ICDR) Regulations, may be transferred to any other person holding the Equity<br />
Shares which are locked-in along with the Equity Shares proposed to be transferred subject to<br />
continuation of the lock-in in the hands of the transferees for the remaining period and provided further<br />
that such transferee shall not be eligible to transfer the said Equity Shares till the lock in period<br />
stipulated has expired.<br />
b. 1 Year lock-in<br />
In terms of Regulation 36 of the SEBI (ICDR) Regulations, in addition to the lock-in of 20 % of the post<br />
issue capital of promoters for three years, as specified above, the balance pre-issue Equity Share capital of<br />
our Company will be locked in for a period of one year from the date Allotment in the Issue.<br />
7. Specific written consent has been obtained from our Promoters for inclusion of such number of their respective<br />
existing shares to ensure minimum Promoter‟s Contribution subject to lock-in to the extent of 20% of Post-Issue<br />
Paid-up Equity Share <strong>Capital</strong> as detailed under para 6 (a) above<br />
8. The securities, which are subject to lock-in, shall carry the inscription “non-transferable” along with the specified<br />
duration and in respect of demat shares, the non-transferability details shall be informed to the depositories. The<br />
details of lock-in shall also be provided to the Stock Exchanges, where the shares are to be listed prior to the<br />
listing of the securities.<br />
9. Equity Shares held by top 10 shareholders<br />
a. Our top ten shareholders and the number of Equity Shares held by them as of the date of filing this Draft Red<br />
Herring Prospectus with SEBI is as follows:<br />
Sr. No. Name No. of Equity Shares Percentage of pre- Issue<br />
Shareholding (%)<br />
1 Mr. Adala Prabhakara Reddy 1,23,75,000 67.88<br />
2 Mrs. P. Hima Bindu 18,65,790 10.24<br />
3 Mrs. Adala Vindhyavali 18,64,440 10.23<br />
4 A. Prabhakar Reddy HUF 18,00,000 9.87<br />
5 Mrs. P.Bhanu Rekha 2,81,250 1.54<br />
6 Mr. Pulagam Harikrishna 11,250 0.06<br />
7 Dr. Pellakuru Chandra Kiran Reddy 11,250 0.06<br />
8 Mr. Gunapati Muralikrishna Reddy 11,250 0.06<br />
9 Mrs. S. Jamuna 11,250 0.06<br />
Total 1,82,31,480 100.00<br />
b. Our top ten shareholders and the number of Equity Shares held by them as on ten days prior to filing with<br />
SEBI, is as follows:<br />
Sr. No. Name No. of Equity Shares Percentage of pre- Issue<br />
Shareholding (%)<br />
1 Mr. Adala Prabhakara Reddy 1,23,75,000 67.88<br />
2 Mrs. P. Hima Bindu 18,65,790 10.24<br />
3 Mrs. Adala Vindhyavali 18,64,440 10.23<br />
4 A. Prabhakar Reddy HUF 18,00,000 9.87<br />
5 Mrs. P.Bhanu Rekha 2,81,250 1.54<br />
6 Mr. Pulagam Harikrishna 11,250 0.06<br />
7 Dr. Pellakuru Chandra Kiran Reddy 11,250 0.06<br />
8 Mr. Gunapati Muralikrishna Reddy 11,250 0.06<br />
9 Mrs. S. Jamuna 11,250 0.06<br />
Total 1,82,31,480 100.00<br />
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