SRS Limited (RHP) - Karvy

SRS Limitedover said restobar with effect from April 1, 2010. The said security was later on recovered by theCompany in May, 2011, due to closure of said restobar.For details of the Group Companies having business interests or other interests in the Companyplease refer “Promoter and Promoter Group” and “Related Party Transactions” on page 152and 196, respectively.6. There are no financing arrangements whereby the Promoter Group, the Directors of the PromoterGroup Companies which are the Promoters of the Issuer and the Directors of the Company or theirrelatives have financed the purchase by any other person of securities of the Company other than inthe normal course of the business of the financing entity during the period of six months immediatelypreceding the date of filing the Red Herring Prospectus.7. The Promoters and certain Directors of the Company are interested in the Company by virtue of theirshareholding in the Company and remuneration payable to them. For further details, please refer to“Capital Structure”, “Management” and “Related Party Transactions” on page 21, 133 and 196,respectively.8. Trading in Equity Shares of the Company for all investors shall be in dematerialized form only.9. The Company was incorporated on August 29, 2000 under the name ‘SRS Commercial CompanyLimited’. Subsequently, the name of the Company was changed to ‘SRS Entertainment Limited’ onJanuary 25, 2005. The name of the Company was further changed to ‘SRS Entertainment andMultitrade Limited’ on December 15, 2008. Moreover, the name of the Company was changed to‘SRS Entertainment & Retail Limited’ on January 2, 2009 before changing to the present name ‘SRSLimited’ on July 16, 2009. For information on reasons for change of name and changes in theMemorandum of Association, please refer “History and Certain Corporate Matters” on page 122.10. The Company and the BRLMs will update the Red Herring Prospectus in accordance with theCompanies Act and the SEBI ICDR Regulations and the Company and the BRLMs will keep thepublic informed of any material changes relating to the Company till the listing of its Equity Shareson the Stock Exchanges. No selective or additional information would be made available to a sectionof investors in any manner whatsoever.11. Any clarification or information relating to the Issue shall be made available by the BRLMs and theCompany to the investors at large and no selective or additional information would be available for asection of investors in any manner whatsoever. Investors may contact the BRLMs who havesubmitted the due diligence certificate to SEBI for any complaints pertaining to the Issue.xxxiv