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

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Since trading <strong>of</strong> our Equity Shares will be in dematerialised mode, the tradable lot is one Equity<br />

Share.<br />

Allocation <strong>and</strong> allotment <strong>of</strong> Equity Shares through this Issue will be done only in electronic form in<br />

multiples <strong>of</strong> one Equity Share to the successful Bidders subject to minimum allotment <strong>of</strong> [.]. For<br />

details <strong>of</strong> allocation <strong>and</strong> allotment, please refer to section titled “Statutory <strong>and</strong> Other Information -<br />

Basis <strong>of</strong> Allotment <strong>and</strong> Allocation” on page no. 316 <strong>of</strong> this draft Red Herring Prospectus.<br />

Jurisdiction<br />

The jurisdiction for the purpose <strong>of</strong> this Issue is with competent courts/authorities in Mumbai, <strong>India</strong>.<br />

Nomination Facility to the Investor<br />

Pursuant to the provisions <strong>of</strong> Section 109A <strong>of</strong> the Companies Act, the sole or first Bidder, along with<br />

other joint Bidder, may nominate any one person in whom, in the event <strong>of</strong> the death <strong>of</strong> sole Bidder<br />

or in case <strong>of</strong> joint Bidders, death <strong>of</strong> all the Bidders, as the case may be, the Equity Shares<br />

transferred, if any, shall vest. A person, being a nominee, entitled to the Equity Shares by reason <strong>of</strong><br />

the death <strong>of</strong> the original holder(s), shall in accordance with Section 109A <strong>and</strong> 109B <strong>of</strong> the<br />

Companies Act, be entitled to the same advantages to which he or she would be entitled if he or<br />

she were the registered holder <strong>of</strong> the Equity Share(s). Where the nominee is a minor, the holder(s)<br />

may make a nomination to appoint, in the prescribed manner, any person to become entitled to<br />

Equity Share(s) in the event <strong>of</strong> his or her death during the minority. A nomination shall st<strong>and</strong><br />

rescinded upon a sale/ transfer/ alienation <strong>of</strong> Equity Share(s) by the person nominating.<br />

In accordance with Section 109B <strong>of</strong> the Companies Act, any person who becomes a nominee by<br />

virtue <strong>of</strong> the provisions <strong>of</strong> Section 109A <strong>of</strong> the Companies Act, shall upon the production <strong>of</strong> such<br />

evidence as may be required by the <strong>Board</strong>, elect either:<br />

a. to register himself or herself as the holder <strong>of</strong> the Equity Shares; or<br />

b. to make such transfer <strong>of</strong> the Equity Shares, as the deceased holder could have made.<br />

Further, the <strong>Board</strong> may at any time give notice requiring any nominee to choose either to be<br />

registered himself or herself or to transfer the Equity Shares, <strong>and</strong> if the notice is not complied with<br />

within a period <strong>of</strong> ninety days, the <strong>Board</strong> may thereafter withhold payment <strong>of</strong> all dividends, bonuses<br />

or other monies payable in respect <strong>of</strong> the Equity Shares, until the requirements <strong>of</strong> the notice have<br />

been complied with.<br />

Since the allotment <strong>of</strong> Equity Shares in the Issue will be made only in dematerialised mode, there is<br />

no need to make a separate nomination with us. Nominations registered with respective depository<br />

participant <strong>of</strong> the applicant would prevail. If the investors require to change the nomination, they are<br />

requested to inform their respective depository participant.<br />

Subscription by non-residents/ NRIs/ FIIs/Foreign Venture Capital Funds/ persons resident<br />

outside <strong>India</strong><br />

We are not <strong>of</strong>fering shares in this Issue to persons resident outside <strong>India</strong> including FIIs,<br />

NRIs, Foreign Venture Capital Funds <strong>and</strong> companies in which there is majority ownership<br />

<strong>and</strong> control by persons resident outside <strong>India</strong>.<br />

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