Shopper's Stop Limited - Securities and Exchange Board of India
Shopper's Stop Limited - Securities and Exchange Board of India
Shopper's Stop Limited - Securities and Exchange Board of India
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Except as disclosed elsewhere in the draft Red Herring Prospectus, there are no pending litigation/<br />
disputes in respect <strong>of</strong> these entities which our Promoters are aware <strong>of</strong>. However, due to the peculiar<br />
circumstances, our Promoters cannot certify with certainty the comprehensiveness or completeness <strong>of</strong><br />
the information relating to these entities. However, except with regard to the premises at Bangalore from<br />
which we operate our store, our Promoters do not expect any material impact on account <strong>of</strong> the disputes<br />
relating to these entities in the operations <strong>of</strong> our Company.<br />
The existence, value, impact <strong>and</strong> resulting liability, if any with regard to any such claims involving the<br />
Mumbai Undivided Properties <strong>and</strong> Entities <strong>and</strong>/or the Southern Undivided Entities cannot be ascertained<br />
as on the date <strong>of</strong> this draft Red Herring Prospectus. Further due to the nature <strong>of</strong> the family disputes <strong>and</strong><br />
given that follow-up action with respect to the distribution <strong>of</strong> the Mumbai Undivided Entities <strong>and</strong> South<br />
Undivided Entities was not completed <strong>and</strong> is outst<strong>and</strong>ing,<br />
(a) as on the date <strong>of</strong> this draft Red Herring Prospectus our Promoters are unable to disclose any<br />
information with respect to the Mumbai Undivided Entities ;<br />
(b) neither we nor our Promoters can, as on the date <strong>of</strong> this draft Red Herring Prospectus<br />
ascertain the accuracy or the completeness <strong>of</strong> the disclosures relating to the Southern<br />
Undivided Entities as made in this draft Red Herring Prospectus.<br />
SOUTHERN UNDIVIDED ENTITIES-<br />
COMPANIES<br />
ASIATIC PROPERTIES LIMITED<br />
This company was incorporated under the provisions <strong>of</strong> the Act in Mumbai on January 01, 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> 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 <strong>and</strong> mortgage, take or give on lease<br />
otherwise deal in inter alia l<strong>and</strong>s, buildings. This company is in the business <strong>of</strong> real estate development<br />
<strong>and</strong> leasing <strong>of</strong> inter alia units in buildings. Pursuant to a press release dated July 2, 2004 issued by the<br />
BSE its shares have been de –listed from the BSE with effect from July 2, 2004.<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 />
Mr. Ch<strong>and</strong>ru L. Raheja jointly with Mrs. Jyoti C. Raheja 4.80<br />
Mrs. Jyoti C. Raheja jointly with Mr. Ch<strong>and</strong>ru L. Raheja 4.70<br />
Mr. Ravi C. Raheja jointly with Mr. Ch<strong>and</strong>ru l. Raheja 2.00<br />
Mr. S<strong>and</strong>eep G. Raheja jointly with Mr. Gopal L. Raheja 2.30<br />
Mr. Gopal L. Raheja Jointly with Mr. S<strong>and</strong>eep G. Raheja 2.00<br />
K. Raheja Exports Pvt. Ltd. 3.00<br />
Harmen Mfg. Co. Pvt. Ltd. 4.80<br />
Mr. Arjun M. Menda jointly with Mrs. Asha A. Menda 4.00<br />
Mrs. Asha A. Menda jointly with Mr. Arjun M. Menda 4.00<br />
Mrs. Neetu R. Menda jointly with Mr. Raj A. Menda 2.00<br />
Mr. Raj A. Menda jointly with Mrs. Neetu R. Menda 2.00<br />
Sidharth R. Menda by father <strong>and</strong> natural guardian Mr. Arjun M.<br />
Menda jointly with Mrs. Asha A. Menda 1.10<br />
Mr. Manoj A. Menda jointly with Ms. Anupama Govindaraj 3.00<br />
Ms. Anupama Govindaraj jointly with Mr. Manoj A. Menda 2.00<br />
Ms. Manju A. Menda jointly with Mr. Arjun M. Menda jointly with<br />
Mrs. Asha A. Menda 2.00<br />
Sealtite Gaskets Pvt. Ltd. 4.90<br />
Ideal Properties Pvt. Ltd. 4.90<br />
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