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Shopper's Stop Limited - Securities and Exchange Board of India

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Raghukool Estate Development Pvt. Ltd. 9.875<br />

Capstan Trading Pvt. Ltd. 9.875<br />

Palm Shelter Estate Development Pvt. Ltd. 4.75<br />

Total 100<br />

The <strong>Board</strong> <strong>of</strong> Directors <strong>of</strong> this company as on the date <strong>of</strong> filing <strong>of</strong> this draft Red Herring Prospectus with<br />

SEBI comprises Mr. Ch<strong>and</strong>ru L. Raheja, Mr. Ravi C. Raheja <strong>and</strong> Mr. Neel C. Raheja.<br />

Financial Performance<br />

The financial performance <strong>of</strong> this company for last three years is as below:<br />

Particulars<br />

Year Ended March 31,<br />

2001 2002 2003<br />

(in Rs. Millions, except per share data)<br />

Sales <strong>and</strong> other income 174.78 209.21 165.29<br />

Pr<strong>of</strong>it/(Loss) after tax (43.28) (52.13) (2.50)<br />

Equity Capital 185.2 185.2 185.2<br />

Reserves <strong>and</strong> Surplus (140.50) (192.63) (188.90)<br />

Earning (Loss) per share (23.37) (28.15) (1.35)<br />

Book value per share 23.84 (4.27) (2.20)<br />

K. RAHEJA CORP PRIVATE LIMITED<br />

This company was incorporated with the name Paramount Hotels Private <strong>Limited</strong>. under the Companies<br />

Act on November 08,1979. Subsequently, after becoming a deemed public company pursuant to the<br />

provisions <strong>of</strong> the erstwhile section 43A <strong>of</strong> the Act its name was changed to K. Raheja Corp <strong>Limited</strong> on<br />

March 1, 2001. Pursuant to an amendment in the year 2000 to the Companies Act, it became a fullfledged<br />

private limited company <strong>and</strong> its name was changed to K. Raheja Corp Private <strong>Limited</strong> on March<br />

29, 2001. This company is currently a member <strong>of</strong> our Company.<br />

As stated in the main objects contained in its memor<strong>and</strong>um <strong>of</strong> association this company is permitted to<br />

carry on the business <strong>of</strong> owning, constructing, rendering technical advice, running <strong>of</strong>, take over, manage<br />

inter alia hotels, restaurants, clubs. It is currently in the business <strong>of</strong> real estate development, <strong>and</strong> running<br />

<strong>of</strong> hotels. This company currently owns <strong>and</strong> runs the hotel “The Resort”.<br />

It is a partner in various partnership firms which forms a part <strong>of</strong> the K. Raheja Corp Group (Ch<strong>and</strong>ru L<br />

Raheja Group) through which firms as a partner it is engaged in the business <strong>of</strong> real estate development.<br />

Shareholding Pattern:<br />

The shareholding pattern <strong>of</strong> this company as on the date <strong>of</strong> filing <strong>of</strong> this draft Red Herring Prospectus<br />

with SEBI is<br />

Names <strong>of</strong> Shareholder Percentage Shareholding (%)<br />

Palm Shelter Estate Development Pvt. Ltd. 9.76<br />

Jyoti C. Raheja Jointly with Mr. Ch<strong>and</strong>ru L. Raheja 9.76<br />

Ch<strong>and</strong>ru L. Raheja Jyoti C. Raheja 9.76<br />

Casa Maria Properties Pvt. Ltd. 9.76<br />

Raghukool Estate Development Pvt. Ltd. 9.76<br />

Capstan Trading Pvt. Ltd. 9.76<br />

Anbee Constructions Pvt. Ltd. 9.76<br />

Cape Trading Pvt. Ltd. 9.77<br />

Ch<strong>and</strong>ru L. Raheja HUF Jyoti C. Raheja 3.81<br />

88

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