 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Face value
ape so eRe | per Equity a eee Nature of Nature of acquisition
en quity Share | Price per Equity | Consideration /allotment/ transfer
transfer Shares fe Share (%)
TOTAL 46,000
2. Shailesh Shetty
February 9, 9,000 10 156.52 | Cash Allotment under ESOS 2012
2015,
February 12, 27,000 10 - | Other than cash | Bonus issue in the ratio of 3:1
2015
TOTAL 36,000.
3. Rakesh Kumar
August 10, 28,000 10 39.13 | Cash Allotment under ESOS 2012
2018
TOTAL 28,000.
4.__Nikhil Patiyat
February 9, 4,500 10 156.52 | Cash Allotment under ESOS 2012
2015
February 12, 13,500 10 - | Other than cash | Bonus issue in the ratio of 3:1
2015
TOTAL 18,000
5.__ Rajesh Harshedrai Shah
February 9, 4,500 10 156.52 | Cash Allotment under ESOS 2012
2015
February 12, 13,500 10 - | Other than cash Bonus issue in the ratio of 3:1
2015
TOTAL 18,000

 

 

(1100 Equity Shares each were transferred by way of gift by Mr. Badrinarain K. Goyal to Ravi Goyal Family Trust, Anupama Goyal
Family Trust, Kiran Goyal Family Trust and Vinayak Goyal Family Trust.
(2) 100 Equity Shares were transferred by way of gift by Mr. Badrinarain K. Goyal.

(o) Details of Promoters’ contribution:

Pursuant to Regulations 14 and 16 of the SEBI ICDR Regulations, an aggregate of at least 20% of the
fully-diluted post-Offer Equity Share capital of our Company held by our Promoters (assuming full
conversion of the vested options, under the ESOS 2012 and ESOS 2015) shall be considered as the
minimum Promoters’ contribution and is required to be locked-in for a period of 18 months from the
date of Allotment or such other time period as may be prescribed under the SEBI ICDR Regulations.
Our Promoters’ shareholding in excess of 20% shall be locked in for a period of six months from the
date of Allotment or such other time period as may be prescribed under the SEBI ICDR Regulations.

The Equity Shares that are being locked-in are not ineligible for computation of minimum Promoters’
contribution under Regulation 15 of the SEBI ICDR Regulations. In this regard, our Company
confirms that:

(i) The Equity Shares offered towards minimum Promoters’ contribution have not been acquired
during the three immediately preceding years (a) for consideration other than cash and
revaluation of assets or capitalization of intangible assets, or (b) arising from bonus issue by
utilization of revaluation reserves or unrealized profits of our Company or from a bonus issue
against Equity Shares, which are otherwise ineligible for computation of Promoters’
contribution;

(ii) The Equity Shares offered towards minimum Promoter’s contribution have not been acquired
by our Promoters during the year immediately preceding the date of this Prospectus at a price
lower than the Offer Price;

(iii) Our Company has not been formed by the conversion of one or more partnership firms or a
limited liability partnership firm into a company;

(iv) The Equity Shares forming part of the Promoters’ contribution are not subject to any pledge;
and

(v) All Equity Shares held by our Promoters are in dematerialized form as of the date of this

86

 
