Prominent Notes: - Securities and Exchange Board of India

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6. Project & Development India Ltd Noida, India 7. Technimont Icb Ltd Mumbai, India 8. Office Of Director Of Boiler, Gujrat State Ahemdabad, India 9. Indian Oil Corporation Ltd Delhi 10. Director General Of Qualtiy Assurance (Dgqa) New Delhi, India 11. Bhabha Atomic Research Centre Mumbai, India 12. Nuclear Power Corporation Of India Mumbai, India 13. Bharat Heavy Electrials Ltd Bhopal , India 14. Kuwait National Petroleum Corporation Kuwait 15. Mazagon Dock Limited Mumbai, India 16. Larsen And Toubro Limited Baroda, India 17. General Electric [GE] USA & Europe 18. Indian Space Research Organization Sri Harikota, , India 19. Petroleum Development Oman LLC Sultanate of Oman 20 CTCI Corporation Taiwan 21 The National Small Industries Corporation Ltd Ahmedabad 22 Bharat Petroleum Corporation Ltd Mumbai 23 Hindustan Petroleum Corporation Limited Mumbai 24 Bharat Pumps & Compressors Limited Allahabad 25 Bharat Heavy Plate & Vessels Ltd Viskhapatnam 26 Gujarat Narmada Valley Fertilizers Co. Ltd Bharuch 27 Gujarat Gas Company Limited Ahmedabad 28 Technical Development Committee Bharuch Accreditations from international agencies We have received the following accreditations from International Quality approval agencies: Certified by TUV, Germany for Pressure Equipment Certified by URS, UK for ISO 9001:2008 Certified by TUV NORD CERT GmbH for ISO 14001:2004 Certified by TUV NORD CERT GmbH for BS;OHSAS 18001:2007 In-depth understanding of the client requirements Our strength lies in understanding the requirement of the customer and our execution capabilities to manufacture the product as per the client requirements. This involves understanding of the technical requirements like tensile strength, permitted levels of corrosion, pressure and heat levels, intended life of the product etc. We analyse these requirements to decide on the type of material required or if required, add any special materials to compose a special alloy suitable for a particular type of product etc. Then discussions with 77
various suppliers are undertaken to get the best possible rates and time commitment. This process demands good knowledge of technical aspects including metallurgy besides commercial acumen to get the desired material at competitive rates. This in-depth understanding of the client requirements coupled with our manufacturing capabilities has helped us to deliver the products as per the client requirements which have stringent specifications. This has enabled us to get repeat orders from our existing customers and attract new customers. Some of our main domestic customers include Mazagon Dock Limited, IOCL, HPCL and GAIL. Good international exposure Our exports have been to countries like Canada, UK, Germany, Italy France, Netherlands, Switzerland, Oman, Kuwait, Qatar, UAE, Egypt, Saudi Arabia, Argentina, Singapore, etc The following table provides a break up of our turnover between domestic and exports sales for the last three years: For the Year Ended March 31 (In `Lacs) For the eriod Ended Year 2008 2009 2010 December 2010 Export sales Domestic Sales Total Sales of the Year 694.33 1,524.21 31% 69% 739.18 2,083.93 78 26% 74% 456.60 2,335.43 16% 379.21 15% 84% 2197.57 85% 2,218.54 100% 2,823.11 100% 2,792.03 100% 2,576.78 100% Our exports have registered a decline in 2008-09 and 2009-10 on account of the severe recession witnessed in most of the overseas markets since 2008. Our region-wise export turnover for the last three years was as under: (` in lacs) Region 2007-08 2008-09 2009-10 Period ended December 31, 2010 U.S / Canada 429.35 150.99 24.14 68.99 Europe 140.87 260.42 181.42 161.47 Middle East 91.61 154.28 137.71 142.31 Others 32.5 173.49 113.33 6.44 Total 694.33 739.18 456.60 379.21 We have installed Enterprise Resource Planning to integrate our processes and systems within the organisation We implemented SAP ECC 6.0 in 2008 for bringing better control over various business and processes. Key processes of our business including production, planning and accounting are done routinely through SAP. This has served our business operations well in terms of quick responses, accurate information and lesser cost. The benefits from SAP will increase, as the scale and complexity of business operations increases. The major benefits resulting from implementation of SAP can be summarised as follows: (a) Our different departments are working on single platform and the entire management of planning, purchase, raw materials, sales, production, stores, financial activities are now fully integrated by which the duplication of work is reduced. (b) Better analysis of data is done to achieve maximum customer satisfaction and to improve profitability. (c) Better controls and security. (d) Expandable as per the requirement of business.
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SANGHVI FORGING AND ENGINEERING LIM
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ISSUER RELATED TERMS SECTION I - DE
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Term Description during the Bidding
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Term Description Issue / The Issue
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Term Description Retail Portion The
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PNGRB Petroleum and Natural Gas Reg
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SECTION II - GENERAL PRESENTATION O
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SECTION III - RISK FACTORS An inves
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As per our financial statements on
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adversely affect our financial posi
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21. Our existing manufacturing faci
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qualifications have been given effe
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39. The Trademark registration in r
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isk of disruption of services provi
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56. Any future issuance of Equity S
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information relating to the Issue,
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Indian Forging Industry The Indian
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BUSINESS We are manufacturer and ex
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SUMMARY OF FINANCIAL INFORMATION CO
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STANDALONE STATEMENT OF ASSETS AND
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THE ISSUE Issue by our Company 4341
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COMPANY SECRETARY AND COMPLIANCE OF
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3. Khandwala Securities Limited Gro
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� Finalisation of one to one meet
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Bidders can bid at any price within
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After the determination of the Issu
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Details of increase in Authorised S
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Date of the allotment February 24,
Page 57 and 58: March 1, 1991 June 27, 1991 March 2
Page 59 and 60: MR.NARESH SANGHVI March 1991 1, 150
Page 61 and 62: Further, pursuant to Regulation 40
Page 63 and 64: No. of Equity Shares Pre- Issue Pos
Page 65 and 66: after listing of the Equity Shares
Page 67 and 68: SECTION V - OBJECTS OF THE ISSUE OB
Page 69 and 70: Security: I. Primary Security: Natu
Page 71 and 72: annual review Personal Guarantee Sh
Page 73 and 74: The project is to set-up a manufact
Page 75 and 76: Machining Shop equipment 1 CNC Lath
Page 77 and 78: Margin for working Capital Commerci
Page 79 and 80: BASIS FOR ISSUE PRICE The Issue Pri
Page 81 and 82: Minimum return on total Net worth a
Page 83 and 84: To, The Board of Directors, Sanghvi
Page 85 and 86: If the Company invests in the equit
Page 87 and 88: (e) from any local authority as def
Page 89 and 90: Short term capital loss suffered du
Page 91 and 92: 3. Benefit under Section 90(2): Pro
Page 93 and 94: SECTION VI - ABOUT US INDUSTRY OVER
Page 95 and 96: cater mainly to job work and the re
Page 97 and 98: Global refinery scenario particular
Page 99 and 100: Power 5. Valve Bodies 6. Wellhead f
Page 101 and 102: 3. Shafts for Electrical Motors 4.
Page 103 and 104: in world's aviation market from 12t
Page 105 and 106: Our Business BUSINESS OVERVIEW We a
Page 107: Instrumentation Forgings Open and C
Page 111 and 112: help us to sharpen our focus on our
Page 113 and 114: Forging We have facility for open a
Page 115 and 116: Sr. No. Strategic and financial par
Page 117 and 118: 9 Plot no. 1401, 1402, 1403 situate
Page 119 and 120: connected to Vadodara by road, whic
Page 121 and 122: Water: Water is used mainly for equ
Page 123 and 124: Industry Application of the forging
Page 125 and 126: Capacity & Capacity utilization The
Page 127 and 128: Industrial Disputes Act, 1947 �
Page 129 and 130: Intellectual Property in India enjo
Page 131 and 132: Number of Shareholders/ Members As
Page 133 and 134: 4) Mr. Naresh Babulal Sanghvi S/o M
Page 135 and 136: Brief Profile of the Directors Mr.
Page 137 and 138: (iii) Club membership fees subject
Page 139 and 140: 4 Mr. Naresh Babulal Sanghvi Direct
Page 141 and 142: 3. To monitor the resolution of all
Page 143 and 144: 5. Mr. Bipin kumar J Shah 6. Mr. Al
Page 145 and 146: OUR SUBSIDIARY Our Company has one
Page 147 and 148: We confirm that the permanent accou
Page 149 and 150: (m) Bhansali Industrial Investment
Page 151 and 152: engineer , metallurgist, stockiest,
Page 153 and 154: CURRENCY OF PRESENTATION In this
Page 155 and 156: The Board of Directors, Sanghvi For
Page 157 and 158: ANNEXURE-I STATEMENT OF ASSETS AND
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STATEMENT ON ADJUSTMENTS TO AUDITED
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For the purpose of the restated sum
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B. Notes to Accounts ( a ) Earnings
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( e ) Raw Material Consumption ( i
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( m ) Estimated amount of Contracts
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Reconciliation of plan assets Plan
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C. Cash Flow From Financing Activit
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2. 229,48,949 Equity Shares issued
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Timing Differences Difference betwe
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ANNEXURE XIII Detail of Contingent
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State Bank of India State Bank of I
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Sanghvi Sanghvi Sanghvi Sanghvi San
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Mr Vikram B. Sanghvi Relative of Ke
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Naresh Sanghvi (HUF) Gautam Pipelin
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Ms BhamriDevi Sanghvi Ms Meena J. S
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Sanghvi Middle East (FZE) Related P
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Mr Vikram Sanghvi Babulal Sanghvi (
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ANNEXURE XVII Details of Power Gene
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III. (a) In our opinion the financi
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ANNEXURE-II CONSOLIDATED STATEMENT
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NOTES TO STATEMENT ON ADJUSTMENTS T
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IV. Use of Estimates The presentati
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B . Notes to Accounts ( a ) Earning
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( e ) Raw Material Consumption ( i
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( l ) Dividend Paid Particulars 200
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Expense recognised in the Profit an
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B. From Operating Activities Cash F
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Net Assets Value per Share Net Wort
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Note 1: Other Income given above ha
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Details of unsecured loans outstand
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ICICI Bank 0.27 - - - - - HDFC Bank
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Details of Secured Working Capital
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Party Transactio n Mr Babulal S. Ke
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Naresh Sanghvi ( HUF) Vikram Sanghv
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Ms Meena J. Sanghvi Ms Kiran N. San
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Related Party Jayanti Sanghvi ( HUF
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Gautam Pipeline Product ( Gautam In
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Jayanti Sanghvi ( HUF) Naresh Sangh
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Pvt. Ltd. Significa nt Influenc e o
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��
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The power and oil & gas sector is w
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Other Income 79.36 3.32 96.88 3.28
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Depreciation and Amortization The e
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Other Income The other income for o
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FINANCIAL INDEBTEDNESS A. Secured b
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Sanction Letter dated December 23,
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a. Prepayment Penalty: Incase the C
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iv) A notice dated August 25, 2009
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��
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Nil Miscellaneous Our Company allot
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5. Service Tax Registration (Goods
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(iii) Other Approvals Sr. No. Autho
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d) Our Company shall ensure that th
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ARE FAIR AND ADEQUATE TO ENABLE THE
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��
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There are no listed ventures of our
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Since trading of our Equity Shares
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ISSUE STRUCTURE The present Issue c
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ISSUE PROCEDURE This section applie
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Participation by associates and aff
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case of revision of Bids, the Retai
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(l) The Bid Amount shall remain blo
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other Insurance companies Foreign I
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g) The Company in consultation with
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(g) Do not Bid for a Bid Amount exc
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There is no reservation for Eligibl
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Submission of Bid-cum-Application F
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In case no corresponding record is
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3. RTGS � Applicants having a ban
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(a) In the first instance allocatio
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subscription ratio, in that categor
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RESTRICTIONS ON FOREIGN OWNERSHIP O
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PROVIDED THAT the Directors may dec
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from the date named for payment as
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Share at the disposal of the Direct
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of such shares and the Company shal
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Sums deemed to be calls 35. Any sum
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Form of Notice (b) The notice shall
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objection is made by the transferee
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Transfer books and Register of memb
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Transfer by joint holders (b) In th
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The expression ��
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shall have been converted into stoc
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(ii) to the persons entitled to a s
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Form of Proxy (e) Every instrument
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Casting Vote 115. In the case of an
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Appointment of Senior Executive as
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Qualification of Director 137. A Di
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(i) in the notice of the resolution
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(d) Every consent of the Board requ
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may delegate all or any of their po
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(b) Nothing contained in sub-clause
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To authorise acceptances (xviii) To
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made exercisable for such period or
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dividend in respect of his share(s)
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(i) all sums of money received and
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Appointment and qualifications of a
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(1) in the case of a Notice of a me
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pense happening to the Company thro
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15. Fresh Certificate of Incorporat
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Prominent Notes: - Securities and Exchange Board of India

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