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

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Ravi C. Raheja Ch<strong>and</strong>ru L. Raheja Jyoti C. Raheja 9.05<br />

Neel C. Raheja Ch<strong>and</strong>ru L. Raheja Jyoti C. Raheja 9.05<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 439 .00 826.98 488.10<br />

Pr<strong>of</strong>it/(Loss) after tax 36.32 87.72 7.25<br />

Equity Capital 201.60 201.60 201.60<br />

Reserves <strong>and</strong> Surplus 138.89 226.61 214.03<br />

Earning per share 18.01 43.51 3.59<br />

Book value per share 168.59 212.16 205.96<br />

PALM SHELTER ESTATE DEVELOPMENT PRIVATE LIMITED<br />

This company was incorporated as Palm Shelter Estate Development Private <strong>Limited</strong> under the<br />

Companies Act on June 26, 1982. Subsequently, it became a deemed public company pursuant to the<br />

provisions <strong>of</strong> the erstwhile section 43A <strong>of</strong> the Act with effect from March 27, 1999. Pursuant to an<br />

amendment in the year 2000 to the Companies Act, it became a full-fledged private limited company on<br />

March 23, 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> builders, contractors, erectors, constructors, developers <strong>of</strong> l<strong>and</strong>, buildings,<br />

<strong>of</strong>fices, townships, hotels, decorating <strong>and</strong> maintaining amongst others flats, factories, shops, <strong>of</strong>fices,<br />

hospitals <strong>and</strong> to deal in, buy <strong>and</strong> sell, lease l<strong>and</strong> <strong>and</strong> house property.<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 this draft Red Herring prospectus with<br />

SEBI is<br />

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

Mrs. Jyoti C. Raheja Jointly with Mr. Ch<strong>and</strong>ru L. Raheja 50<br />

Mr. Ch<strong>and</strong>ru L. Raheja Jointly with Mrs. Jyoti C. Raheja 50<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 />

89

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