Board of Directors of VEPL

The composition of the board of directors of VEPL as of the date of this Prospectus is set out below.

 

 

 

 

 

 

S.No. Name Designation
1. Mr. Ravi B. Goyal Director
2. Mrs. Anupama R. Goyal Director

 

 

The shareholding pattern of VEPL as of the date of this Prospectus is as disclosed below.

A. EQUITY SHARE CAPITAL

The total authorized equity share capital of VEPL is 71,000,000 and its total issued, subscribed and paid-up equity
share capital is 500,000.

 

 

 

1. | Mr. Ravi B. Goyal 45,000 10 450,000, 90
2. | Mrs. Anupama R. Goyal 5,000 10 50,000 10
Total 50,000 500,000 100

 

 

 

 

 

 

 

B. PREFERENCE SHARE CAPITAL

The total authorized preference share capital of VEPL is 27,500,000,000 and its total issued, subscribed and
paid-up preference share capital is 76,500,000,000.

1. AGS Transact Technologies Limited 650,000,000 10 6,500,000,000 100

 

 

 

 

 

 

 

Total 650,000,000 6,500,000,000 100

 

 

See also, “Objects of the Offer” and “History and Certain Corporate Matters” on pages 104 and 190.

Our Company confirms that the permanent account number, bank account number and company registration
number of VEPL, and the address of the registrar of companies where VEPL is registered, have been submitted
to the Stock Exchanges at the time of filing the Draft Red Herring Prospectus.

Interests of Promoters in promotion of our Company

Our Promoters are interested in our Company to the extent: (i) that they have promoted our Company; (ii) of the
Equity Shares held by them in our Company and dividend payable, if any, and other distributions in respect of
the Equity Shares held by them; (iii) of any transactions or business arrangements undertaken by our Company
with our Promoters, or their relatives or entities in which our Promoters hold shares. For details regarding the
shareholding of our Promoters and the Promoter Group in our Company, see “Capital Structure”, “Our:
Management” and “Financial Statements” on pages 80,193 and 217, respectively.

Interests of Promoters in property of our Company

None of our Promoters have any interest in any property acquired within the three years immediately preceding
the date of this Prospectus or proposed to be acquired by our Company, or in any transaction by our Company
for acquisition of land, construction of building or supply of machinery, other than as disclosed in “Our
Management ~ Interest of Directors” on page 199.

Business Interests

None of our Promoters are interested as a member of a firm or company, and no sum has been paid or agreed to

be paid to our Promoters or to such firm or company in cash or shares or otherwise by any person either to
induce them to become or to qualify them as a Director (as applicable) or otherwise for services rendered by

211
