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

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BEACH HAVEN PROPERTIES PRIVATE LIMITED.<br />

This company was incorporated under the Companies Act on June 26, 1982.<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> buildings, <strong>of</strong>fices,<br />

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

<strong>and</strong> to deal in, buy <strong>and</strong> sell, lease l<strong>and</strong> <strong>and</strong> house property <strong>and</strong> is currently engaged in the business <strong>of</strong><br />

leasing <strong>of</strong> real estate premises.<br />

This company is a part <strong>of</strong> the K. Raheja Corp Group.<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 as under:<br />

Names <strong>of</strong> Shareholder Percentage<br />

Shareholding (%)<br />

Mr. Ch<strong>and</strong>ru L. Raheja Jointly with Mrs. Jyoti C. Raheja 7.57<br />

Capstan Trading Pvt. Ltd. 9.57<br />

Mr. Ch<strong>and</strong>ru L. Raheja, Karta <strong>of</strong> Ch<strong>and</strong>ru Lachm<strong>and</strong>as HUF Jointly with<br />

Mrs. Jyoti C. Raheja<br />

9.04<br />

Mrs. Jyoti C. Raheja Jointly with Mr. Ch<strong>and</strong>ru L. Raheja 9.13<br />

Casa Maria Properties Pvt. Ltd. 9.57<br />

Raghukool Estate Development Pvt. Ltd. 9.56<br />

Palm Shelter Estate Development Pvt. Ltd. 9.56<br />

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

Mrs. Jyoti C. Raheja<br />

8.70<br />

Anbee Constructions Pvt. Ltd. 9.30<br />

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

Mrs. Jyoti C. Raheja<br />

8.70<br />

Cape Trading Pvt. Ltd. 9.30<br />

Total 100<br />

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

SEBI comprises <strong>of</strong> 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> the company for last three years is as below:<br />

Particulars<br />

Year Ended March 31,<br />

2001 2002 2003<br />

98<br />

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

Sales <strong>and</strong> other income 0.12 0.12 0.12<br />

Pr<strong>of</strong>it/(Loss) after tax (0.66) ( 0 .80) ( 0 .67)<br />

Equity Capital 0.58 0.58 0.58<br />

Reserves <strong>and</strong> Surplus (8 .38) (9.18) ( 9.85)<br />

Earning (Loss) per share (114.58) (138.70) (115.75)<br />

Book value per share (1357.98) (1496.68) (1612.43)<br />

CHALET HOTELS LIMITED<br />

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

on January 06, 1986. Subsequently its name was changed to K. Raheja Resorts <strong>and</strong> Hotels <strong>Limited</strong>.<br />

Thereafter its name was once again changed to Chalet Hotels <strong>Limited</strong> on May 4, 1999.<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 />

own , construct , run, furnish, manage, carry on the business <strong>of</strong> hotels, resorts, restrauits, clubs <strong>and</strong> to

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