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

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8 Noida International<br />

Recreational Parks<br />

Pvt Ltd, Unitech<br />

Signature Towers,<br />

gd floor, South City<br />

1, NH 8.Gurgaon<br />

122001.<br />

16.67 Lease Nil<br />

9 Bangalore<br />

(4)<br />

- - - Nil<br />

10 Hyderabad<br />

(2)<br />

11 Bangalore<br />

(5)<br />

GVK eCity Pvt Ltd.<br />

Paigah House,<br />

156-159, Sardar<br />

Patel Road,<br />

Secunderabad<br />

500003<br />

14.35 Lease Nil<br />

- - - Nil<br />

Sites have been identified but contractual agreements have not yet been executed for the three proposed<br />

stores (Pune <strong>and</strong> two <strong>of</strong> the stores in Bangalore)<br />

Except as stated in section titled “Objects <strong>of</strong> the Issue” <strong>and</strong> “Related Party Transactions”, as the case may<br />

be, in this draft Red Herring Prospectus <strong>and</strong> save in respect <strong>of</strong> the property purchased or acquired or to<br />

be purchased or acquired in connection with the business or activities contemplated by the Objects <strong>of</strong> the<br />

Issue, there is no property which we have purchased or acquired or propose to purchase or acquire which<br />

is to be paid for wholly or partly out <strong>of</strong> the proceeds <strong>of</strong> the present Issue or the purchase or acquisition <strong>of</strong><br />

which has not been completed on the date <strong>of</strong> this draft Red Herring Prospectus, other than property in<br />

respect <strong>of</strong> which:<br />

the contracts for the purchase or acquisition were entered into in the ordinary course <strong>of</strong> the<br />

business, <strong>and</strong> the contracts were not entered into in contemplation <strong>of</strong> the Issue nor is the Issue<br />

contemplated in consequence <strong>of</strong> the contracts; or<br />

the amount <strong>of</strong> the purchase money is not material.<br />

Except as elsewhere stated in this draft Red Herring Prospectus in the section titled “Related Party<br />

Transactions” pertaining to properties on lease / conducting arrangement / leave <strong>and</strong> licence/contractual<br />

arrangement, we have not purchased any property in which any <strong>of</strong> our promoters <strong>and</strong>/or Directors, have<br />

any direct or indirect interest in any payment made there<strong>of</strong>. In addition, our Promoters has an option to<br />

purchase from the existing owner (HDFC) the premises in which the store at Pune is situated. Pursuant to<br />

the exercise to his option, we will enter into contract with our Promoters for the aforesaid property.<br />

Revaluation <strong>of</strong> Assets<br />

We have not revalued any <strong>of</strong> our assets since our inception.<br />

Classes <strong>of</strong> Shares<br />

Our Authorised Share capital is Rs.400,000,000(Four Hundred million) divided into 40,000,000 (Forty<br />

Million) Equity Shares <strong>of</strong> Rs.10each<br />

Payment or Benefit to Promoters or Whole Time Directors <strong>of</strong> the Company<br />

Except as stated otherwise in this draft Red Herring Prospectus, no amount or benefit has been paid or<br />

given within the two preceding years or is intended to be paid or given to any <strong>of</strong> our promoters or <strong>of</strong>ficers<br />

except the normal remuneration for services rendered as directors, <strong>of</strong>ficers or employees.<br />

321

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