nava bharat ventures limited€¦ · q10 1""'1 nava bharat ventures limited ~...
TRANSCRIPT
NAVA BHARAT VENTURES LIMITED NAVA BHARAT CHAMBERS, RAJ BHAVAN ROAD, HYDERABAD-500082, TELANGANA, INDIA
NAVA BHARAT
NBV /SECTL/197 /2019-20 May 31,2019
Listing Department National Stock Exchange of India Limited Exchange Plaza, 5111 Floor, Plot No.C/1, G Block Bandra Kurla Complex, Bandra (E) MUMBAI- 400 051 NSE Symbol: 'NBVENTURES'
Dear Sirs,
Dept. of Corp.Services BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street MUMBAI- 400 001
Scrip Code: '513023'/'NBVENTURE'
Sub: Newspaper advertisement pursuant to Regulation 7 of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018.
Ref: Regulation 47 of SEBI (LODR) Regulations, 2015. --oOo--
With reference to the captioned subject, please find enclosed the copies of advertisement published in Financial Express (English), Janasatta (Hindi) and Nava Telangana (Telugu)
dated May 31, 2019.
Kindly take the same on record and acknowledge the receipt.
Thanking you,
Yours faithfully, for NA VA BHARA T VENTURES LTD.,
VSN Raju
Company Secretary & Vice President
Encl : as above.
Telephone :(040) 23403501, 23403540; Fax: (040)23403013 E-Mail: [email protected] Website: www.nbventures.com Corporate Identity No.: L27101TG1972PLC001549
-,... . .2S
I L ....
! -. ~
• l I ; I-'
~-·,20
·~ ---
- .. --·-·"'~_.. ... ,.., ... car...., ..... "-· =·--""'"'_,. ...... "'*"'--·-"'-,.. ... _d'-0 ....... - .. >• ,..,....,.__..,, .......... -.....-................ - .. - .. -410A1ti)__. • .....,...
~ :.... .... ~--.-·- .. ,_.fA .. ~ 1,4., .. _, .. ~301'_.-...... ,.. .. -,........,w.:..,....,._
-~~~ ....
A-Oiao.r~~~a<Oiiiii'Mii&;N •-~Iiiion iiloloyl0•!1 t.50UO 1,!40.00
-ll-CIIb-~"NIO.dlocl.,._lr4~fow!cM!~o(tlt~-b "',., ""'* 31\llrdl20\$ n-~-- d,.. ~ .. 1'01*10 .. ....,.,.."""' 'hllrdln ~ S:arolt<!s (l'dl.sla ~ 01111r s.=. l3l d N ~ lv:J.lOfl'* ";!~\ Rdtl d 1110 C«'p<..u fnflr~~~ FUll. lOU • ...... ..., .. bftlld Navllllwii'>'Mult• ~ ... Alllllollud ~
•• • • •• • • HYDERABAD
r------~---------~------~---··- ····· ..... -..... May 30, 2011
Tolll Turnoww
(f)
m.n 3,fJ2.25 no 8 88,46,03_545
111<7i2016 11'1310 2211<7i 2.016 124 96 6,54.21,3J2 &.17.62,~.~7 {15JIJOS) (4.18,616)
14580 10,78.00,539 15,73,94,38,741
Jbfl&
Ole' IS 25,6814.293
~'19 41,61.07,323
Ftb'1i 32.71,20,418
..... 9 33,88,978 36A7 ,08,634
Apr'l9 25,12,850 2t,Ae, 13,109
•• • •• •
l~-.ptPflt»(IIQ/IunttMIJitJIIIIOUfttoiiMtultadtld)lot .. lnldng.-y.<*mpltleM/ti/»>IIff, (S<lutr»:NSEOiblltottwll-~ t:Otrt) "lrrFI$cl/20tJ. ourCompenyhMINutdliOnuJ~IhlltNinltlert110oll 1 (et-&onul~lrvM~ t, 2018)
If. No Plllloulm Pro B!')'blck Poet~ I Au1lloiUacj Shill Cepit~~:
25.00.00.000 E~ Shares ol f 2 llaCII 5.000.00 5,00000
~ ls5lled S&A:Isalbed t18.826.957IQUIIYII'oiles o1 c 2 each . - 3.516.54
3_ Paid-lip Equ.ry Share CaPital . 118.675,482 OQ\JIIy aharea or ( 2 each 3.511 5_!_ 3,540 26
~· F~:,.~~es ~~~2 aad\ -
amount ' gafiHJ 1.26 126 3.572n 3,54152
Noll Aum'lng thai the 111/k(NI(J l.faiJmfJfll 8uyO«}- S/lato$ IIIII boug/11 b«Jr. t/lepl)$1 &i)W iUuod ~ and pl/d-<Jp ., d ~fill dtf*llkl9 c.pon lh.,clu/11 rumb8! d EfjiJitY Shns ~ bac:A.. 102 kl on ile da!B ol iN~ PublicAnnoon:etnen~ IIMittare no Eq\Jlty Sham "'llk:llare pat1!y paod up, on•lh cai-IMtroars
8lld lMfe 810 tiiO outstanding lnwumetlts C:OIWOilillle MliO Eq~~ ty Shatn 10.3 The sharlllloldlno panern of the Company pre BtJyback as on datool tho Board meeuno apprO\'\nj) ll'le Buyback I o. May
29, 2019 und the poll Buyback shalellol<ling pan om mumlng Mlaoooptanc:a.ls as folkl'.vs:
'""'::"" -PrtBuybadt - POll Buyblcl!
c..t.gory ollht &lllrthcllcltr No olaham %~~~~~~ llo.ola!ww %of~~ htlcl l tc~u! Q held
AI l'rotncleB & PromoW Gtouo 80285.957 44~ 80285951 45.35 iBl Publoc 9.54,89,525 ~A7 ·- ' ch _Shares Under1Villll DRt 96,n7.025 5464 C2j SNIOS held bl Employoo TMI 28,00,000 -~ - I c Non Prornocar-Non Public -- 28,00.._000 1.~7 ToW 17,85,75,482 10000 17,70,12,982 100.00
•• •
15. REGISTRAR lO 'lliE BUY BACK AHD INVESlOR SERVICE CEHTRE In case 0( any quurios, the~ I btneftcial ownets ol sham ollhe ~ ~ conlaC!Ihe Regtstnr & Share li1Jns1et Agent ollha Canpany, on all~ dll'fJ (exaopt Salun!ays, Slllld;rp aild NJ1a tloldayS) be"-" lOAM und 5 PM, ot lho jdr0y.1ng llddross.-
KARVY FINTECH PRIVA~ UloiiTED ~ Se1enUn. TOO* 9. Plot No 31.,'32. FfWidll o-.stnct, ~ Gachlbo;.lo, Hydelabad • 500 032. lrlcba COI\Qd Person: Mt. ~lohd Moh$Millll6rl Ttl No: -91 40 6716 11562 (0\red)l +91 40 e7 16 2222 \eo.a): Fu No: •91 40 6718 1680. EINIU: tlnw!ln!Jis@karvycom; Wttmlt: WWWkarvyQOOI; SEBI Roglatratlon: INR000oo0221; ValldiiY Ptrlod: Pennaoont Corporatt ldtndty Number: U72400TG2017PTC 117~
18. IIERCNAHT BANKER TO THE BUY·BACK! Tht Company has aopcinltd fll ~as~ ean ... 10 lhe ~
I<ARVYIII INVESl ME' NT BANKING
KARVY INVESTOR SERVICES UMITED Plot No 31, Bil Floor, 1<1111)' "'lleMI.rn. Nsna~ Fi1Wl081 Dosi1c1, ~t H)detlbad • 500 032.
~~2 &n4 nu 2~54. Fu: •9140 2337 ~714123311968 EINIII: ~c:om. Wtbsltt: Y.WW ~~O$II'fiOnlllonNng com, lnvntor Grllvani:t EINI11: lgtllbd:~<My com Contact Ptrson1 t.lr M P NOII!u
Sd'· Mr P. T!~Ymma Pmad ~Dhdol
Delt ~ 30. 20\Q Plaal: Hydnbtd
• •• HYDERABAO
Q10
1""'1 NAVA BHARAT VENTURES LIMITED ~ Corporate Identification Number (CIN):l27101TG1972PLC001549
Registered Office: 6-3-1109/1, Nava Bharat Chambers, Raj Bhavan Road, Hyderabad- 500 082, Telangana.lndia. Tel.:+91 40 23403501 / 23403540, Fax: +91 40 23403013
& 080 6688 6121 . Email: [email protected]; Website:www.nbvenlures.com Company Secretary and Compliance Officer: Mr. VSN Raju
PUBLIC ANNOUNCEMENT FOR TH.E ATTENTION OF THE EQUITY SHAREHOLDERS I BENEFICIAL OWNERS OF THE EQUITY SHARES OF NAVABNARATVENTURES LIMITEO FOR THE BUYBACK OF EQUITY SHARES FROM THE OPEN MARKET THROUGH STOCK EXCHANGES UNDER THE SECURITIES AND EXCHANGE BOARD OF INDIA (BUY·BACK OF SECURITIES) RE.GULATlONS, 2018,ASAM ENDED.
~~~~~~tei)~~:~~~~~~~~=~=~~:~~~:==~~: r ssE·) tmd U1e NutxJn;:1i SID!* ~~~~'I!F-' crl. f."lli:J L;mi?x= rN~ snd ~hr wilh 1he SSE. Vle 'Stoct EJ.d11nget:~}.
r.f..""~:;'~~=~,;:·;~~~,.~;:;·=~o=~~~osond ~~~ amo:,a::;:S~&'.n~omtit1'&10b""'('!luybackR.gulallon•').an<l..,.inslhe-tJfosa=:rtOdf!Schodu'•I'Ji> lheil<:ybod!Reg.btiontread.,;,Sdled'.a.lott!>o8u)1>ackRegul3llcns. OFFER FOR BUY-BACK OF EQUITY SHARES OF FACE VALUE OF! 2 (RUPEES TWO} EACH FROM OPfM MARliET THROUGH STOCK EXCHANGES. Pitt A - biscJOJUm In ncord:mc." with ~htdtilt t of lilt &ybld RPgUiitlDns 1. THE DETAILSOFBUYBACKOFfERANDOf'FER PRICE 'I PUrw311HOthept0'11Sions.O!Sec.uons6a. 69, 70. andal=etxV•~.tfany. of the C~A.."'l2013.
~·~~~.\!'".=•~:'~~~).,lllec>~~~~~1~s::£ Re9o'•- Mde 17 ollhe Artide$ ()f ... """"""" or the ~. eod p<trsuanl lolho ..-on. """"" by 1M Boa.'d of Ditee<ors or the Com;>a.'\1' (lhe 'Board' 01 cho 'Soard of DlrKtors1 at - meo<ing held 011 May
~~~~ ~Ul~.:~~~~~:Ji;~:~~n:.:~~=~~!~.:.~~~~ ~ ~ n:ombcnolpromcr.ers. l)roti10iergr<>.-o"""perw.s in co.,l!tll of !he Canpon)' (herlloila'lercdlectt..otyreferrodll>as t;~ "P'r0fl1Dters1 frofn the ope:n 0'18:ie( tl'1rnUgh ~toOl exchange mechanism I e. usmg tne eGectronlc f18C1in9
::,m:~~~~~:~~k~',:t .. ~.=.~"'(~=J~n:=~~ $Q1y ooly} per ~V Shore ('M-.imutn Buybo<:k Pt;col. payot:lt in co!h (tne P'OQ!$> being o;!<nod _.,.tier a> ~ Buyback"). Tho Mil'K'!Uil Buyb.N:i. .SU, ana Matii:Tll.lm ~ Pncc do nol W\Ciude brokm'age costs. lees. t.,.,.,, .• , ~s. ,.,.. sW1 .. ...,....;., ~"'~ ''" alld good> ~,.,;ooloJ(~IIIlV)>illt~duttJ!ld olt101 ltaa.sat!onct~ (cdf«:ti~ t&!emld 10M 'franSK.!Ion Casts1
1.1 ~~=ll<r=~':=~~~~~:=~==~~:~<M:t<er-:·: atMaxh31.~1Q~lhed301cllhe1!1!1/JUdilt<l~sl2""""""'oi""'CanpanyJ,fo<aprioenal•~ioo =~~~~ix~~~t~~~~~~':~uL,~';;~:n~~re~!: rospedii'Oiy rlufilt'.<l m the SEBI ikr-1>0<!< ~•JQ;;iotCJ<,\ M'tomot•ts'i \ Buyb•ck'}. Tho iluyba<k poooO oJdood> from May 29. 21l t9, l< .. lhe d•t• o1 n>< e..;.ro ~ 10 ~ 0>1> on whiallho fiMI poyonent ol conStdero:.oo lot n•e Eqt"l)' Shllres bouglttl<or~ by !he Comtllll1 ~tr..O.('Buyt»a. Ptriod')
3 AJ.Ihc!hV!Wm~P~ar~c:fa't-':F:UrsW'iiBll}tJ!ck;S(.re,:f'e~l'f1Uir.Lmnurlbcr of ~y St'.ar~ :a bo IIOU(lht bad< .,.. 1 S.62,500 (F'tfte9o bi:> SW TWo 'f'>o<lsatto F',.. Hundnod) Eqotty Sll8nl$ ('Maximum Buyboe~ Sh•ru'). >ot>ich ~ M7'4 cl the lallll paod up ~ share capdol of the Company. II tho Eqlii!y Shore•.,. ~ 00c11 atall""&be!cJil'><!.l.,.,..,.B•~Prico lt1e.tdualnutrl>efo1Eqwlr5t..,...!>lughlllad< a:<*loxroodtheinclito:ivoM.,im<tm!lu)'bod<Sbt>M{~tunoeplo\fmemol Mo,..,um BuyiJack Size} but ,;n alwayx tw sulf!cl tc 111e Ma.<iown Sll)OOd< S!ut
1.< Furllle<."' acrorooru witll su~ ~.I!Or.s. the~ •hall ulilloatl<la•t SO'A oll!lo!atOOiJnt ....,..tl<l<! 3S :he l.lall)mtJr.' 6u)Wd<$;zetor~ 5u>toc;r. ie .. ~1~00~s(Ruoee! One thousaodTwoHunondamRfty lak.'IS ooiy) ('Minimum Boybaa. Size~ ar<~ba.w.~oo tr.• M""'"""' Bu~ StZe.and the t,laJxnum SU,tock """'· 1M Company wA portllaso an Wl<lie>~.'>e""""""'ofi.8U.50(Sevet:Wl>Ei<;l>tyoooThcmor.O TwoHundredMt!Ftl'iyi Equity Shares {'~, inimum Buybac). Shirts") !!i #I.e Bv)~k.
~ S The 8uyba::k \'rill b. wnp~ed b:J the Conlf;lan-; out ol 1t.s 30CUUifJS prwruurn aca::unt. fTftlt reser-o'M. 1ndlor s.uch other ~rces as may be pef!niued un<:ier Secticn 68(1)-of ~Act ond in aocordance with ReoWJ)on liiJ}oUhe B~ftl«k R"91a"ons atu1 i1 oc-....o. w>:ll ~on 4{'N)(b}(uj of !he Soybad< R..,Ulations ari! !1\11 bo m !lie open market purd':iJ!,eS !hi'Ol.IQh tne Stock EJ::d'l.anges,bylneOtde'l'tMtGhirl!lmechanismexcept·aftocoone' O«fer n-.a'~syslem, asp<,.,edunde<il>eS\.~bllti.R~:i:lons
1.6 Accpy of thiS PubliC AnnouncernctU e avalaNt <ll'l :.tttCompany's i'+«lS:te( .. 'A'W.nbYonturcs.ccm)OW\disc~
~:';,';~~~~o~~~':'m~~=..:.=;~J;.!w;~~~~til& 2. NECE.SSITYFORTHEBUY-IIACK 21 l~~~==~oo:rx;:;;~~~~l,~==~·=oll>~~~~==
ood kee ......,.,. bMod on the auo!l<d- sla<cments ol<he~y •• at Maxh 31, N19on.,.ndalonellnd consoliCoit!d ba1l$ r.,pecM~y hom til&O!>OO ,...,-.,. 1MtU9h S!ocl E><ha'96" The llujtaci< ~ex~ to~ IP ~)b=E=~':.':.~="~""~~::~::::go~~"'J:1:n~~ bt'riiews!N.1the~Mic:roa~~g~s!!'r\1~fur~~st\.1fell01ders..
~. MAXIMUM AMOUNT, ITS PERCENTAGE Of THE TOT.O.L PAII).\IP CAPrtAL & SOURCES OF FUHDS FROM WHICH BUYB4C~ WOULD BE FINANCED
l 1 The 1.~"""""' Bt~k S<le i.•. f 1~00.00 ~. i~ Two 'lhc<to>nt! FMJ ~ tol<h• ool)'lteocdtdlng
~~=~~~,:"~;~~~:=~~~~==~~~~~·~""' 3.2 ~r~.J~=~~ .... ~~k=:~=~~~~:.~~~=""CO:O:
tria Boat<t may~· fit. Tho ~~oy 5l'.JII Wn~er trcm 1ts !too msorvos a sum oqual"' ~he ltco -.alu~ tJl tho Equity' ~::=~.e;':;=;::.~~anR.,.....,At:COurl!and!llodetalsotoud>ttamfe'r
4. BASIS FORARRMNG At THE MAXIMUM BUY·BACKPRICE AND OTHER DETAILS 4 1 Tho l•lil<"""' Sujl>.lclt Pnco of 160 {R""""' en.~ ood Slxzy only) per 5<uly Shlto has boon afri<l<!d o!a.'ler
a>ns"*"'''ViOoosfac•>tS, oncluoorja>-orthewte!tlyhoghMt!lowol!htaosingshatepnceollheEqo.<oyShamof ltle Company on ltle Sloct Exchanges, -.'lene1 'MW-bO:t!"!e~anc t!lepo<enbal irr.p.ac;t of the Suybadcoothe EPS of !he Company fntt;t.Lunwm8u)teck?ri:ttex~tht Transac:lioo Co$1J.
41 ~~"%':"'~~!'::':EE:;'Mk'~=~~o~~.,::;~r=::"',.~==.~n;: ~lot the Boo<o fdce'-"9!0 cons<ie• :ne p<llPOSOiol!hoSUJ!*k.Le. May22;2019:(n)apro"""' or 73.57lland 1161lt, "'"tile "'Oumtt ·~""" •..ra;;e ,_, pri<e ot !he Equity Sho<es on BSE aod NSE, ~.lot 1Wo -ks p<eceding 1!10 dat• of f\!imUio to tho Stocl. E>t~~anots lot tne 8coltt ~!ectJng to constdlt !he pol!XlSOI or.,.
=r.~~~~:'~~:=~~=;:.~~~~t~=~~ID!he '
3 ::.:,~rr;:n1~:.~~';,"~~="J::!'C~~~~=:r~~w:r~"~~:~ Sharts1.
4 4 The actJot llUI!lllo< or E<o>tY 511areo tw;ot bad< <lullrlg tt>e 9uy00c< will doperd upon tllo .oct""' pr<e. ~ 1110 T~ C»s~>. "'"'fix the liqooty$'>¥ .. ~bod<Jildlho 119~,.,._..,. """'Ide""""' pold in ""'8u)l>otlt.&IJ!:!t<:t
~::~E~i~;:~~;.~:m~~~;;~~!'.~~~=~=~~~ boughlback.bytt~C~!runtth•.;op~mmN~-fltL'lf~'li,IQh-thcS~E:KCht.lllgesdur~theBU)tack.PWod..
4.5 ~~,.;.~~~...,"'.:,.":~!~P~~r;;;,~~~~mo~tt;~~:W:.r~~::: =~~-:~~~~:::~to:~.::~~":i:';r:: lllllhorizoor~W>SofllloSoor.i.>lt!lelf!l'"""""",in"""""""'llf'.htheSCBIBII)Nci<RogU!II1ions.
S f>IAXIMUiol NUMBER OF EQUITY SHARES THAT THE COMPANY PROPOSES TO BuYBACK 5.1 At lhOI•'UI,..mB~P<i<oO<td lortta;;,_B\J)1>ackS....thtllndicaW•maxi""""n!JIOO« of Equity Slmr .. »
be bought boc:< .... 15,61.500{F:e .. nLal<h<cyT""Thoosar<lattdFM! Hundrlld). wnich ~ 0.87'!1 ol lllo 1otr11 t>30d"" E<r.ritt ~.,..""to' or ~~>e ~'
5.2 ff 1lle Equity Shoros are booghlbod< at a price boiow 1ho l1oxtrun 8uyb3c1< Priott, !he actual,..,.,. or Eqdly ShatllS ~back cculd e~ ihe indbtfte MilXIT'.um 5uyb0ckShires{assmlingfuDdeployrr!e(!Joff.~~ Stztt but "'ill alwa,sbe sutl~ to d"'f! Ma~ Buyback S~-F~. !he null"bbrofEqu•ty Shares to be bought bedi. ~111 not e<C<OC 2$'\<i a! !he 10'-a! pa>C up OQUIIY '""'"'' ol !he C<lmo.>'1)'
6. PROMOTER SHAREHOlDINGANOOTHERDETAILS
a.1 ~:=n~f~~~=~~:2t.2~::;·:::tere,oupMdpetSOO.~ \'lhoant ll'lconltol of tt.Canpaoyasco
1 N~mo of the Promoters I Promoter Group I Number of .. "" · - · L · .. L -- L - • _... -
S.No Pt<SOOs w11o aro ln control Eou
-~·
NON-PARTICIPATION OF PROI!OTERSANOPROIAOTER GROUP ._ a<ttcdanoe <oil!> tho p<a'IIS>C:Cl$ of RtQ<l.a'..oo 18(0) o' 1M SEBIB>J)'bltd< !logtJI.'IIIons.ll!t 8>.tytJad< $Ita II noll>< motlo b'( Ule Companym tho Prtm>tet11t< ·~ P!""'ooo Gtoop and~ ·oflo •nt '" corJn>Jol the ~y. FuMe<.;, oomph•nct! • i'J! RogtAotion l4ltJ<.~.:_,lhe SEBI Bll)'bact RogUlallons, lho Promolel1 or !he Promoto< G"'up .00 persor.swho aretncorttrci'o! me.;Jst:atinotdeil! !!'I lhe shares orothet spedledsecurtbtsofthe CompanyWltfle =.;~::'..f£u.~~~.;.::"""""'"' E~Sitare•~~nC>~>gS~Ihemduring !ho periodfromt11edatt
8 NODEFAULTS
8.1 ;,':=d=-':!'"~=~= .. ~~~i:.fc~~~·~-:~roh~r~~=r::::::. 01' ~n:ares.\ payl\fM ~«!in to antfinanaal i!\!lit!JtOn or bank. CONFIRMATION BYT~E BOARD OF DIRECTORS OF THE COMPANY T<>e bo has.,.._"" tlleda:eof lile Soo.'li Mee:i<tg i.e May 21! 2019 tl'loltlleyriO'~ f!llde fill ir,quooy iniO tile """"'"""~QitlleCo'>lpa'7""'(!1a::iloylla-.. lo<mo:!~'looptllO!I:
1 U\ttrnmetJiatety ~9 the mtel~~ o! t:\1 B!>ird flfOweQoQ ~~ ~ 114 p~ lor Buyb~ ~A·~ .apprr1.-.d t e.. 141• 29, 2019ll>tertWibonol10'-f'd$cn..r~,.Con'~anycanoebrtdUMbitrll>payrtsdet<s,
""'9<1n!S !M C""'!'MY'• Plll$1l<ll:t>i''' !h•i 'ftJlXt""'"-''ll'llll\y foll0>\1ng thed•leorBoatdMoeting ot-~ the propo>;l! fo< Bu)i>acl<wos aw<OI'od Mild,,_ '" e.. So ami e .. May 29 2019 M<th<IY1n9rogaro toiM Boo>d's lrln>ni!Co$ with roSDect~Uler.umage~r.entofthaCr~ye~!e\."~thal)'lliYtlndiONi111'JOOO:land'chatadet~th&.tiMnaal: , ........ - ~·., lhoir-"' .... -.to l!te Cotnpony du<'>g tt\111 yeat. tho Company will be..., tc-~ lobllito<Maod """'ttl<'Yfall""a;>!>mYr><l!bote<""•mtl,_t •tJnnoperio<!olone~fl'omtf!edlllooii!OO<U WM•ngm~the_.,lotBu;to;;<w.,,,~bylhoi!o>rd:IWid
iii in lonning an opi11:10n M 3~ii:t l~~ &-wri !-& ~~ lntD.acc:xxwK thv 1:.\bilies inc:kdrlg pcospec:CMJ aod conllrtgQI'Il liabi!it!&, as if the Camt~M)' W3S ~ 'lro<J!'!d ;;p ~er the prrMsions of d'.e Companies Aa. or the lnsolwwry and Banktupccf Code 20 16, 3:5 amcr.ood, a ihc C"<lst maybe, irll>.dng ptospcdi'o'Oand contingoot liabilibes
'Tho ""'of ttle <Open da:.d 1.\oy 29. lll\9 IOCOI>Io:! from Ws Walkl\< Croo<<Cll & ~a<::jjrtJIY.UI IOlht Soard of0irtelof1~· !heCompaoyisrnprodueod bftwr'-
Ouot• t.!Ol~N<! :I~J7~
ll? :tous1b!:.ll.O!yau.1itof of tnt
lndtj>GilderrtAudit<~r' a Ropor1 011 propond buy·b.l:ck o1 tquity Wres purs~o~anttotho rt'Q$.1Iremtrrta Qf Gi.lo.w (xi) of the St htdute I to the SD'Curlck!:.s tlnd Ex.chang e: Board oftndll {8uy·811tk of Sotmitlct} Rfg t.IJ:atlons. 2018 Tc. Tho ll<»<'J o! Otlot'.OI'$ N<tiJSMm\-llnl!IOO ~ • .,. Bh>!llO>am!>ers, Raj S~.mn Road f¥e<abad· 500082, Te:.,....,..a lrn:;a. lo. ro;>o:1;, issuodtn aocon1onco .oh 1ho !elms ol OUt~ ter.l!f <!>:..!27 MO)' 2C'S ""'Il NB''a !lharat'lenturos t.Mni:id [il>e 'Colnp>,.,Y).
2. Therror~Qftt-~eCompanyha~prep..1redthoa~ingl\nnexurnA·S!B~ofpenn~ca;x!alpayt'llent ., on 31 Mottl! 2019 ('tne S"""""'") PtJ1SUan<lo tho prni>O'<'i cuy4>r..r. ct ""'"1Y ~- •pp<rNOO by tile 6conJ or !liret'u.toltlleComoa"!'l> -"""'t<f9h01d<r 29'Aay 2019. tn~ "'~tne ~""""""'o'•ectk>rtS68. 59 and 70 <II tho Camca.1!os Act. 2013 (!he Act') ana tr.e s.cur,, .. ate Exd\aogo Baa." at 111<!13 (Bli)'·Boc< o1 Se<:ut•""i R>guiS!icm. 2018 {11<1 SEBI lli.'Y-back ~bons: Tl>e ~ COt\lll<f<t tile """'fl'·"""" ol-ol """''®".al paymettt to.~'do ttuy.btl<ll ol equtty >!'..,..., ocoo:U."Ct ..., .., 't!<:'J~ of seotioo 68i21{bXt) ot 1hoAtl a.~b3sedoolt1e lale.St~((lr.~edardsta.~.e"inoritia! &1c.ltemer•ts !or tr.e)'eatencied 3t Mar.:h 2019 ~ hiVe .wia!ed ~he Statemtn: ~or t."''e ident.f!ca:ion purposes 00)·
Management's Rtsponsibiltty for lh1 Statement .3. The ptepa.ratioo ofl:)t Statement n ac:x:ordanco w1~ the ~II'OOW;ts or scctort 68{2)1D){i) IX :tc At:: aoc ensor~ ~ "'"' !he SEBI buy-~ rogutabons," tho <esocn""'•:Y of~..,. """as<"""" of tho Com:>;lry. tndudtng <he f"~I!On ond.,.....n>neeofolaa;our.tingandQll'.,~...,,up~bng ,_.,.,,,>Q_.,, T"isreo;>Qn$<1>1\tty ~e&thedesit;n. ~~t)OrtJOdrr~olr~w!rolrc-.l~ta~pr~a.-atlon!tfldpt-e5entatlonot r~ Sl()re~ arc ~i."9 a.1 apprcpna~t :.a.sis o! ~:iolt and rr.a~ ~\t.el :-~t are re.Jsorwtlie in Che tiJ'Ct.WI'lri·lOrx::cs.
4.. Tht803!:l ofO;tGO:ots isal:so;osporlsit~~~ mall.ea :ua M1io:}' lnlntr~ta.,"fa;~ and pcc~..s~! t."fCC~t~ty&rid tofoon ar. ~on re~ grouod~ thai th&Conparrr ·mU be lltlit !o pay 1tfl dc.i:lb. l~l:l~i .tho :;ta:.tof Board m.l'iltr'lg ahmtco ~9 proposal lot buy·tack • ·as ~and Mil not 00 r«<d&.~ rso:a.ent '-"ltt'ttt'! ill~ ol one 'lUI tiom thv datA olthc ll<>ord,..,ns•••"""ihooropooaltcrw~· .. ~bytloOBoan!otr~oJ..,Coown'i Mt!"'tonno"' tr'::t<i:>:!".i:)rtU~I15t.aQoirrtoitO»ldlft.~hubllitM.) (J'lC!odlftg~'r"J~nd~nlmq~l:lt&t~JII&iftt'eCor.poJUY'Nml! ~WCUJICor,;UIIdcrthe~l!'-aft.~fot:J.orj)!o~'f'el'CyandSan~.;p:cyC:nei.G ~G
Auditor's Rta.poosiblllty ~ ~l!\:iJNtll.~ih!'l:l'l>qLirM~ol:heSEB:tx~y-btdcrr.X1Jia:Ms.~:ll'lru!l.~b6t';m;.e&~':%1~li'tJbi!o::A\.~..t:tfi·M'i!lher
"} we htA"t. t~Jd into OW stiltl.l al aft.tWS o4 tt.\ Cot1'Gafl~ in tefrtl.t)fl:tl>!llt! oudiw.! $;K'.d.1ir.;(i'i MIC1 ~'ClfldJa:~ f:o:.vlcbli ~!aliltyoa< endodl1t.'llfchl019;
b} tbo ,.~ ~ JKlf'I'N'iSbN ~.al ~1mer~ astta:od,., !ro S!a'..e1!"1C1'it ~ ~ .... ~l:f::<r..(:.tmiflod ~~ l.."'t aoditK! oooscUa<MG and s:a~ fioanoalsla1QtnQllti ret C1d y9a1 ~t'!ded 31 Ma-th 2019 .n ~ w;!h $@CbOil
&B(2j(bl{>)ofllleAd; c) fntSoaro ol O'.mctor'$ of tne C0Plf!any,., t:s meeting hfl!ld on29 May Cl19. h"' fDl'i.!erl !.~~a~ specrlied tn d.:nee
{Xjcr~'k f tof.tleSEBI OVt·br.-.ktegf.t!atiOI'\S on ro.1SOtJ3bic gr~ ttnd ;Mi IDe Company d not, hiving recp•d m ;!s -stl!eofa:::.D. berenderod ~olvaNW!rhin apcriOdof()(')eycadrnmrt\e;,f~d.l~. ~ ai.Jditld i':r.ancbi S:ll!IJmeMS, refcned to 1M par~ 5 .1~. 1\a\'tJ beotl ~ ~ ti,, 1!'1 whtcn we tmve is~ t.IMKKMed ooci:t opinlort VIde C1.Z report dated 29 May 2G19 Ovr aodlt of lhr.lo fi."lar:oai '~~was t:OI'MloetOCI il'l ~ ...-.h the Slattdards on A!Jdt!.r.g >poc~f.ad under Sect.on 143[10) ol""" Canpanioo Aoct. 2ll1J and oct•u ~~ _,,. p~t! ~s:o><! by,.,. tnot!Me oiCM<te<ed Ao:c;.,tamJ ol- {the 'ICAf! T ..... StandardJ re<;UJre ~: we plan af'ld pertorm the aud•t lo obUIIO •easonable JS$\!fMOe abo'.rt •mer tile ~ s~temerlt$ are free of rootenal rrnssto:.ement Suc:P audit WM not paanr.ed cmd perixmed ~ !'1 comediOn wi!h 3ny !nlnsac~ l01dent1y~r:oatter5that m\Jybe ofpc-:entitJI ,,.tcre~ w ttwdpaM!
7. We OCoMUCted ouruar'!'!i'.ationof !he St.J.:emen: 11'\ 00COfdanc:e .... ~.:tl !he ·G~ Nota on Repom orCcrt.ficates kw S::Jecial P\lt:)!)S(I$ t·Gui~S;nct Nolo'). usucd t>o,· me ICAI The C--t.!.QVICO Note rfq'.l'tes mat we cc~ mtn thO "lhlcal ._..,.nt>olt.eCooeofElhOcS,_byllleiC~I
WehO>'O"""""" '•Ilnftoo<e,..,am•pPI>«!~a•equt<on-..,~ofl!l&~on~Co<t!roi!SOC} ~ . Ou•!I!)'Coolrol t, Fsrtn$ t-M P(!rfcrmA!Kii~ ~l'ld R""'S of H~t F..,ar.~1Ji1 tnfornlltlon . Jnd Q&e. A.$$uraf'lt't'lo 6!'ld R~ate.:: ~~~ ~111$,i....Obyil>e1CIII
9. At!mOilll'ile asuance ~~~ in-mes perlamir'IQ procedure! ;o obtilin suffi.~ ~1e e-Jideooe Of1 tbe ll'.Ott<"l me<11XlnOil in _.ph 5 above Tho p-<>:odur.,. seledD<f dtoond on !he .. Jd<lofs 1"<'9!ll00\ ilcludtng Clle aseessmcntcl ttle nskS ou100a:!od ¥~':h the rr~:ters meroonett !1'1 paraQtaai't sat~. w., h.wu per!ctmed u. f~ proc&e~u!'H irtl'ltc1!100 toltw ~'tOC1tnl't:moedll'l pati9iiP'I5 aoo ... :
OJ ~,,,,,.,."""of n~lll!tof tho C«npaly •"•l•ttooLO tile 31.-drtt<hliln<lnktoo an<!Ol<l><it"..ilD<t lnondai1Ull.,..,,. fu<n,oyoor,.,~od31~Nt9
b) i:>B~"<l<h!t.onUUKi!'llorboybaotc1run\.lhuAibCio:s.or~sc.x::iot<lf1t>!tll'JC0!'1VM1: !1 ~m."f'JO ~ O.li!lnett of !he Surpll.l$ irt the Stale~rlel\1 of Profit er-0 ~. Setuntlt>S ~'·~"\.'':t!:~;;m ¥it: GL'rst':ai R~rvc as a: l1
M<t:~2019Jo;~~in:tltSUJ!emet":wil1ltheaultmdfiro~~na.'lf~.,a;
j} E1lm~!'!!ltlttl<lt !'~ raooaf w.;;rwar<f UO$tCVI'oddctKOW<.>d b't tt'\0 Col~'f ir<li'Tf !~ ~m:.>AH!'I.ntw:ce thcc-'Pi!a;l &nd f!ijfrot!fi!~DftflfSI.JctltxJ)"back.
e; Elu!mtn<O;n.,tal!!>esllomfo<oor-karelut;~ n &atriintd ~~the A!'YIOLint.of c:.tp:AI Pilf'l'l£iOllOt 1M tvrbad( as de!a!IOO !0 lM St()tem&;'l! ~ \\\!'hin the pmmt$$1ble brrut
~.eatl\occor<!afteaw<lt...,bufl68(2;:l>~tiOIIIIcArJ..
9) • ..,~tholloa<dofC>ir~CtC<Solil>eCOmpany In :Str-t>&i4on29May20!9na>loml!olll!o~oomnas0j:t!Cl110tlfl
=~=:~:.=:~~~:za~~=.,~=.:J~=~~-::~~ 01 E>an>nedm>r>;1esollhe,..:rqsorlhell<>Jn!oll);reclo" ~ E~ the Oorectas. ded.ara:ION for lheNPOsto'buy.oacii.andsoiYent)' o' tl"oeCoo'tpant· I) ~the l(itivnetcal ar.curacyof the 5-:atcmet~t ond i.) Ot:tacned aporopr.a1ereprcsonta~ from ltte Monagcrret"~~otit<eC(!"':'!paor Opinion 10. Based Ctl our e:..annallon as above and C. ,.,!ouna:JOn, e.Qlae'..t:IOOS <.~r.d ;epresernatlor\s ~to us by the
tnemfg!:H'M!OL IO<I'It(lQrJOO
al \l."e b\.-'9: ioQvirt!'d mto the~ of ~n&rs of~ Cll~·t ir. ;e~ 113 Jod't!Kl s~a::daJo!".a and C011$01C.itte-d fi(\V~t~Al .tat><r...u>forlneyeareode<l31 MMch 2019'
b} :ne amoor.t o! the pemis:sible cac;t<.al ~)'!"'ent t~·ards 11'\C ~>d buy·bat:..'l rJ cq;;it-: sr~ares 3:5 compo~ in t.~ a.."'t.Xlrnp<lnyiog St.a:cmom_ iS j)(OJ.ldtt)· Qe,'el~ ir'l oo:o«:!.w.e ~ UW toqta~r:t:s of &eetoll68i2}(b){i) of 1M~ bMedon~IJf.tdi!ed finallCIIill ttatemer-Jslor tr.c year«XXId31 -~ 20'9
c) lht Baaldolfllrodasoltho Company. tO lts"""'b"9 held or 29Ma.y21l'~"''" il'"'*""~'"""'"""'Cifiod 11chl1JM \') ol Stroiulo Ill> l!le SE61l><')'·baci< <>gul8t>Jos. on -...onablo ~ M><l that l!le Co'""""' I· 110"'"!1 '"'l"'a lc .~ s:.to Gl Art;w).w.trtOt~ro~nl'dlf~tt!W:.hrn:II~Ofontyurf:ornt!tU~iaKid.l~
RostrKtlon on distribution or uso 11. Otor '.fiW"( w~~ perfom~ ~to assist you tn tnt<mn!J yow re~bilifius ;!'! t~~ hl ytJW car.~ WJh the
"""'"""' ol.wdtOn 58 Mil otl1or "!>PP"** provisiOM ol tt>c Al:lon:l tt>c SE'EI buy,-. "'~~'*""'"' ·""''"nt lo lhe
=~r::~~~~n~~~:r:~.,~~~~:.~~~~~~=~~~=~~ o:-.&~. Nottwlg ~:his repctlncw' M)'thrng &hf Of dOne In IN! ccutO of« 1ft WcJ~f'l;Wl.!f'l tM- 66rvieesl."'la18t$ tnt scbj ... ollll~ r>f):JI1. wA eJ!end any dUtyol • .,. .., may r""" "our Clii>Odtr ~• Milafs o!Ule eo.n,.ny.
12. 'Thd r&po!1 :!5 itddr~ssi!d lc aod ~it:led I~> the SD!f!1 of O~rt:dD!l.o(t'le Cornp.1f"!)" 5\'!t€/y for tfle P'Jf;)"JStl at ena.~ If ao OOOW ~1'.11 ~c olcruaod ""'""""'""" •"' Ill tntlud< this ropo(, ""'"*"to U.. ~oL• of il>e SEBI buy-book tfgkUont. fa) inlhep.tac an~ to be r.1ade 10 tho ~"ekJcersof the Cc:tr~. or flied with the ~aral ~. Soctr.ties Mil Exd\ange 13<>•111 of India. ""llon.'l Stock E.<dlongo ofln<fot Lir>'.J:.O. SSE Lm>!e<! .. <OQUimd 1Jy 1111 SEBI tl.y-ba<::k ~ {bllhe Con•al O.O.Sitot;-- ("""'} !.>n~. N>:ioNi SeoJ<lt<$ Oopootttxy ,.,......,aot!forPIO'I>Ifl>9to,.,.~tolhobuy-llac<,eildllottlle,.,.,..of~or-wtes ~. hs report may not be stJt.~ble fa any o.thf!t purpcs&, and &lefe-for'J, Y'oOI..i!d not be used, re.ferrsd to or <lis-fo<atl'fO:he:ptl<POMO<toany_.panywttho<tlcorllt'Otwrillen""""oLAccor.!inglywedoootaceep1or assume any liability or any tkl:y of care for any olherpurpose for v.t.ch otto JOY Other person ~Wf"1om thi$reo.:;rtrs sho-oA·n O!lrt!.:o~t'.DI'Jdlitrnay¢0r.WVri~f»>priotfX'I'tSentin.,.1rtlriQ
f~Jr WaJkcr Cbandiolt & Co llP C~r~ Acx:oi.l1'!1.8na Firn~Rogisl!o!ktn No.: 001076NM500013
Sill· Sallia¥ llumo! Jain p....., Me~N<! , 107660
l'bco· H~r.tlx.ld
o .... ~M11~2n19 AnnelU(tA
SW:emtnt of c:ompubtion of .1mount of peJmisslblt u _pi.tal pa)l!:*\t towillrd5 buyb.Kk of Equity Shares in ac.eordanttwfth rhe ptav\slor~softht Ac:t.lnd mt Regultlions (the "Stattment .. } ~t!Cf'l of amour.! or permissible cap•tal paymeot fr.::ludtnp prerr-"""1 ioo\i'lrds prcocGeCJ buy bbc\ ot eqoitf $.'l;rres il ~ w.,;-.,., 68(2~o)(o}of 1ho Co<t!pan>es Act 2013 ('l'te Act1 bo$Od or> tho •""·IO'l fio•ooa~ '""""'""" lor tht year~311>!Mth2019
Pi'"rttc:ulars Pa.dil;""i"~ts!'.artcap::a!asa!JIIolant:2019 lAl H72n _ 3,572.77 F fH ReservtS as at J 1 Mardi 20191: sta.~Wn --- . 26}1 .. 22- '26.:2i.;.22 ~'!'!!L~ ...... . ..... --------·- - .-P.L~.¥--···- ~L~§:.. _ ~;;a r,;thc sla:.wnent ofPn:lfi~Jnd loss i74,8i'9,81 2441 ,37'3.89 :t<i\!!:f'~J• .. ~·~•!:i~f-· · .. ~~;~:6f m1s{t5 lotol IA+B) 292.mM 361,727.52 .. ~.OiiiiiO'or;;em<ssi&lel<ii'ii.::Y'iioiiiiii<lor·sediiiii"o:!(2)(i>if>l"lfiii· ·- ··-· ........................... ....... - .................................. . Compattie.<Acl2!ill i e. tOl\oj tor;ol paid·UP equo:y !ha<e ceO<:.! and liee ,...,_.., 2~,223-)4 36,112.75 -~iifbQY''600i~aiiy ;no~tifoHliieiiiiiiii'iliOi'i'iiieiii<iiiiiieiiroo-- ....... .................. . ..
.. ~.~ .. x.~.t.9........ . ........... .. . .. .... ... ... ........................................ .. ....................... ...... ........ ..... . . ... 2~S.O,O~ . ~~~:0.~ ~n,. • ..,. ... .,JWa:iono<mepoid·up EQuity Shore Co!>'lltlar<f F"'u Ra"""''"'"' 311>1o•ti17lll~ k>r Bu)'boct.ofcqull)' V.r..rv;tiltbfJi¥Jdo!'IU'le OITIOI.I'=:soppMr.ngtn lheauQ.tecJ,tand3k.i11fl ar4~1i.><J flr,m~llut.err~'t\ oF the CompJ'l)' lor ,.~ }'fJat tJnd~'<.:! 31 Martt! 20:19 Thew flnarrd;al s:uten;er.f.$ d tN.> Cornp;;m)' aro P"'JPfll'W Jl ~ 'Mtt. tt.e lndion ~!"19 SYro<'J.Jtti! {iod AS) as pror.aibod ~ Sedicn 113 of the Cnr":p.;wi\~~A~J, 20'\~; rbl!! with RIM:l3 Ql: th<l C~tiNM!lA."ClUU'ongS~} Rcieo.1V15 Fetrloob\tlrJdol Nava Bhlttll Ventuttti Litnllod Sdf. Authot!ud Sig .. tory
P!b~bod Dale: 29 May 20l9 Unquol•
'2.4 The Ccmparry pn:Jp0$65 t;, ~nl ~ S1.r~k. cut o1 t~ $6C4!'!te~ prer.wrn act'~). In: and om« t-ee- rii'Ser.ffls. i hf' anount f(IQulr&d bytbi"Company Cot ttle P.:tiba~i~r.g l rnnsattwn Ccsts}WIU bl!o h,lnded frcn . lhe lnlomai ~ 0'1' ta$o'\~lance avarlabi& 'Pit!\U'.e.~~ from~10nf$f~l ..--ulr\.tnentsor anrot~ sourtes 1\l<Ji!Jble "'~'""'C~tfl.,pe<mitlod byt!><S-Rtf$>1a:.OOS.OOon&l4>1""''"1111"'.nd'""'' II$ il>e !!ca"<irr"l' """"'" from bele to lim! at b abscll.itf!~O'+~.lr11:&~dSectati9DftNJAct, the Gor'lpdny s:·.a< t·a""fer from i~'~ ri':$01Y&.$ tndlor~!OI. pr~~O):.I!'I'\C";~J:titOntnorntMI~a!:..II!'QftrlttEqurtyStl<!lfli'SYA.,.·<:i , a:e pore.~ through lhe SU)-bat.* to lhtlc:e;xial ell<!~~ f1J~l'6 ~ .1M tho dlt'.arb 1,.-f 5Ud" tr3''.Gfi.ff ~.,~~ I>E cis~ad r'l lb 'ubsoquenill!J<1i!.!tdfnendal 't8'!0mcr.m..
J. PROPOSE.DT!MET~BLEfORBuY-BACK
···-····· ··-·--···-······~~~1 ... -.. ·-·-- ···········-···- ···········--- .....•.... Q~ ..... .D~olllooro! .... ttng~tlleB:!,>toci Wedr>ll«t..y 29tl'l.lay2019 .. Oala of pubhca:.onor .,..Publii:AnMun<O<!l&ol Friday, 315lMay 1':' 9 pateofcom~~_enlol,..~ct ________ ....._.~~~:~'0.l0..:_9 Acceotanal ol Equrty Sh<!tOSaa:c•plod ln de""''"'"""'"modo , l}Jlcn lhe<>levantp.ly-cutby :ne Stac•E~ Ex~hl'r«ttcfSrulfe · Equ!!y Sha1'eS Wugnl bade. aro 10 don•a!orl3ii0rea Yt!!!
oe extingu,shlrl 1n tht manner spooftO<l m tM Secur1t es and Excf'lanse Soa~a o! !m1'8 {Depos;to.oo;esandParltapa:'!Si~~borls 201Bas
--·- ----- .. .; .. _amendedar'ld:hP.!:ye-Uw.~ .. a~ed:het~ Last oa:e lOt !he 8u)1>«< Enriier oJ·
(a) Dc!:efllOC(" 09. 2019 [,.c € Mon:hs lro!'fl:r<e.da:o o!Ojlcn;ngoi,.Bu,tockj or
(bl ~ :he COfl'1)a:".y compltlles me E!u)'bad. b)' ~lfl9 :he a.mount equ111alen: 10 the Max,'fl)J•.., S..~S«e.or
tolO: =-·-<o:e"' maybe> d.-by !he Saar~. at.cr VNing notice 0: o;uc:t ea~itH do,.... , subje"ro :heCo<tlpJny h .. ..-~ oop1oyed at! anount tQVI\'31ent itt t.f1e. MinirrWTt Suybact SJzc (e•l'tllt. the W".MIIl'tJI'TI 6vyt.ac.\ S;ze has rot bee-r, I'C'JC1e\:: or the Ma;.:mvrn B~ Sll.l~ts have 00( ~ bOugu bat*~. 1'\Qo.w'~· tti<ll J!! pa~t®ligations rota:.i."lq toU16 Buyt'-'lC;!(. ~nfl ~ cn,111'Jif.lt£lld. bekt'e tr'l l3~;t d!to k:! tl'lu B•'}'b•ck
.. 'P'iiocess'Aii'o MenfoiiOi:O'Gvrcfiiifi:oornofoR:t"Heauve'Aci<-·--· ....... _______ ........... ..
.t 1 theBuybaO.. IS opt~tt to- aH blr.o.fr.l:il ~~~ ~~ E.q1.11rr ~ rt dei"ta~~!f:dform("'Oom~tSh:lrts .. ). Tht Pr-..!htP""""""Gro\Jpall<lf'O-.>~O<>II"""'"'oril>e""""""l""''" not p:ub<lp.110 >0 tho 8u)b.1:>.
. F~ as roqUifod IOldet me c..,_M and 8u)'bao< Reguto"""' tile c-., sr.att •JOt ""-.., too.t'dEqudy Snares IY oan-tran~raoltlo eq.J:ty S!'.a!GS.. Fll ~Bu~k.. or untl t.l"t- I)&."!O!!t'IC~ ot ~ h:r..il.-111. or t..:'. ~!l r-.o Equl~,· Shan!S boo:lnlo ttansJembiE, AS Ap~ll!:3tli& n,. Cornpilr'l~ ~ali 110 0.1~"'J} patd st\att!'5 Or Equ;ty Sha.•ll$ y,ir,r. calinarre~rs
• l The Bu)tack •'* be i~ by the Coo;""c.y by wa-1 of open r.<M<et puttll<l.., """'9h !he S,...J< E'x:chanqes. lhrough f\1! order r;,1t.c."!.!ng "~ e-w:cept "'at \A r.one· orcEf ma:r/r-""S s~tcm. as ::~c;'deoe under the Bu)W<;t. Reg~Ao~ono.
! 4 For tfle rnplrnenta:ion of tre Suyt:Jaci d".e C~r has appoir,:~ IUfvyStock Brck.-"Slllr~:ed as tr;t re<Jj~ed broker ( ,;CompJny's Broke,.. ) thrOl41 ~ tie purcha~s and se~nts or. t)c.cout'.l of the Bu)1)a{:k \'o'(lfJtd ne madebylheCOIT;'an)' Thecootact O&taiis ~the Cotrlpa!'Ys B:ckm are as folows. Karvy S!ock Broiling Um~ed Ka")' Mile<',.... Plot No. 31 . F""""'lll D<stlct. G.>cfibooflli Hyde'•bod -100 03Z. "elangana Tel No.1 800 4198283, Fu No •9140 233~1966, Email: seMce@ka~Q)r.' Website: WA'W~)V"·If'".e.com Cont.lct Person. M, G SUresh Korr.a, Contact Number t-9l 4.0 33216775
4 S The Eq.Ny St\.vts at:e-lr3ded tn ~ ~~ ~ v~ rhe tradtop COOe{sl St YJ23 at SSE ~ NB~NTIIRESatNSE. Tho ISINoltbo Eo"'" Sharolcf!lltCC!Tu>My>' II'IE72SAD1011
' .6 the Compony, shQl romme:n~ from .J:..r~ itl. 2019 (Lt., tflG date ot ~'*'9 oftl•..e !),,ybadt}. plaoo ~.Jf t~rdet!lor! tht BSE and/or NSE on tile r.ormallr.ldn;g "'ll'-. b &;)'!>ock il>e ""J!!)' Sl>atos lhrough t'10 C:mpatrf• llro<or "' such
:~1:~·~~~...:.~=~~~;·1-'"<~-=:.::~J:=tt~r:~~:;:,~{el,:~ ~~~<ntheCompon)'M>~onord<rfor&'}'bocltcfE<l<.~re•, :l>e!C""''YCiil>eCof-,oanyosa~-;co. •-toil>e""'rl<!!lporli<lponl>ol~>liSOO<..!<E:<:;i'.lillgo.">.
~.1 Procedure kl1 ~··b&occll>er;st StinrtJJ. ~<YM'lers hokfing Oerr,,•n.st--NH·Nhooes!ffl to wl !t\Qrr Eqt. .. ty ShJ.f~s io the Buybm:k, WC'AdC:: flaw tt::1 do~~~~ thr;ir ,'\torJ( tr~.~~r. wt1o i~; ~ rogtSiered rrtWlbf..>r<lf ei&4,. ... cl the$~ E,:ci",;msa~ by indle'JtJ'ICjj lo U'leir bf'Ok.t.t ttl\1 :>e:ail! vft~ ~tty~,~ tiwy ~er1d 10 y.Nf whenever tho C~pttny lw. pi.1ctJ1J a 'buf order for Buy~ ol L~ eQuity ~!M . The<A'!o~PQn)"\:!'-.td PMtJJ "buy· cxd&' rcrBu)~c.k oi De-mat Sh.1re~. by indica~ tothoCompony's Stoker. thtt:rlurt'lbotol E~.l
~. 3 1 ~. 2019 17
ml'-ij ~~~ 15 ~ -ij"C1'lfuo~ ~ ASSOCIATED FIN MAN LIMITED DR. FRESH ASSETS LIMITED Gi'Jl, 30 l1t ('lJTlll) I
t:Rl -q fi"l ~ <im "'1>8 "'" 15 ~ -q qima 30 <:rQl·,, <!0lllll -,;1"GH~ it c;rui ~ if flwfim: fil;1n Tfi.!T t I
qft<o ~ f.:rtle.J<~> ~ ~ "'r ::rm q;T Cf<IT<lT t% ~ "'r ~ ~ 'R ~ ~ Sl( ~ q,'\ am ~ on1 R:rn 'lK<! on1 ~ fil;1n I 'lK<! 'l1'<'f'l( ~ if> ~ ~'l'Tw-'!Cffi'IT %1
Ae911. Offic:•: ~9;1 7 O!O<:r!l fl.-w. $.~ Ar•11rJJr.f< Htw >l '.t'tot. ~ ... ~· 1 100(!$ !tnl sl ld: (Wtii@Y<i!IIIO<or:: ;,; Ttl No.• -41 113lt!Jl!Ui
CUi: t.t$91001 t91A"'tC01!'tH. WU!lit:1: wn- .»S::w...I!JJ "~.IIJ Shtarnc.at :d Stand~!on.t Audi1,«1 f in.lllC<II R e~~rtt '" fc: t~e Oa~rt~r ~~~d
PJt1lC II~Jr
'jt~tlf ec.ded. lhr"~ n. lOU !AM~Wtnt ~ Itt,)
Y•w=-~ iCNTtJPOraliniJ
,~,~~~ .:..,..~, 'i~~:ji ~,;::, f ~~,~;..,
.. No
CI N: L7,899Dl 1990PLCO.C2302 Regd Offic:e: B-1.'E·2-', Mohan Cti-Ope~lll ive lnd~.;ltrial f.r!l i) , New D':!lh•-110044
We bsill:': .,.,.__d~! ~ et.t>a sst~ t s.corn, Ern1il 10: drfre5h@drl tt~~!--a st. t~\s.cor"
EXTRACT OF SIANQAlONE & CONSOl!QATEO AUQ!TED FINANCIAL RESULTS FOR THE QUARTER ANO YEAR ENDED MARCH ,31. 201!):
iRs. in l1khst
mml .• ··~· flliill.'i . llti~T£0 . ilM~"'~ ~"~" ' I.O )oOI)j! .. ,.,.,.,.....
Cl:'i : U7JZt>WIJ196~GQIOl42 1 1 :(;~TIN : "19A;\CCMO<nU:tZ4
¥---~-·--· . ~di,~ =~ ... ~~ l' ..... ~·«:tit''"J !C',IIIhw:.:.: trcm ~t.tt l!lfll l"ftn F·• 1 2~4$-!tri ! -;~~r4Snl
P11rt l eulotr~
-; ·:·- ,--'tiili:if'ir.MCCR.iii!··r;o6 OPeT·~ttlcns
2. I Prc!it ; {Loss) for l!le period {before Tu. F.x:cepti011&1MdJor Extr;~ordin{l r/it~ mr.!
~ 'l'f r.t'lfln• '161llt'.m , 22s<11. ~ - ~ - 'Ill . .m m. ~· - roo o2o, '1m! ~: !!"_"!)'' . I!',~J~JJ)JIJ.~~!! ~ : Z2$f.96?:7130l8
.,:.re : [email protected]
~~~f.i~~;~~;~.J _:;:::: : :;:~:~! ~ :~~~:;_ ;;;t;~;i.~;;~ "'"" .. . :::::::t "'""'
J . ~Pron t I (Loss) 'or tne period before Tu {:!1~\ tr Excep\iona! and/or
.... {;}.lr.'il.\t'~lni!.D:.!m!!JL .. -.. ----~-.~-~-·-·-· .:. Net Pro!rl f (Loss) !or lhe pcnoC <Jitcr
T;~ x {il!'t!!r Excepticnill and!~r E xtrllordin<~rviterns
.... ......ll..z& ..... j--··'"'-"'·1-·
bftil>.,"l Per Glr~e (II~ e.l)"u'di t:;q ; lito!'M:J it11" Hl t G'· uc:~t>) Sa~ & l)I:Md I
t.:;~;:~ ~a·;; M(~ ~~lu:uti~.wv·· .o 1 ~ -~ .d l-- . ;) i}ol
tle.iSJ l.:tl' Al ,ell ue"l B•:.¥": & 041.~~ I {l:!l lh pt! tJ. ~ .......... ___ ... __ . . ---~~:1 . -~ ~JJ ·C.t!• ~~f-: ""1'1!1 .,~..., • .,_ e~tt..a ott"f 6!?a;li!~ ra'l\ll. ::tGut-~ h~~.W~~<lf ~ ~;.,~ 'it<!h tht Stt'l; f.~ ~>M&r~J.NI-)n ):)Q"F N~ 1!.~r.;-.n~ ~hi>' D~ie"n fi:~A'tmt r:t~l R.11111~ 20' S ThiM!t:M:I: oi li'.sO;.:r;c:hy ;:,.:t~~Solf:s li>JJtl'!lC:III!~SJPdl:
~t!!"";t 'ltflbWII!;, ••W'-I!!i '"" fet A.t~td Finmtn l.kt"..t<!
Plln' CtiN Dat•::!.US.20J9
Sd'· (DtWIJi G..opU)
MPtti.J)9 Dlredor
5. I .Totlil Ct.-mPfehtns.ive Income for L>je perind {C~mprisi ng Pro!lt I iLou) fllr the p!'!!ioo (after t.u·J ol!'ld Othe•
:ehel!~.;,e Income lnH .€s_:J_gx_S..hi!~!Fili!L ____ _ Reserveli (e"clu:l>r.::~ Revl it:l>ion Rnseorve) a' per bAlar.ce shee: of orr. ~<iour. ;,cto;m:.inr, v~::: ~
8. f E;;;r,ir-il:; net :share (Face \' alus o: Rs. 10:- !:::s::l1) BI.'SIC & OihJit:d'
No!U ;
20.98
747,1 q_~.ss
3375.87
0.3E· 0.36 i1. d9
1. Thn :~r.Civr. 1s .,, r:xtr.lel nr tMr: de:.1ilen Q=.,~r.r:rt yJ Y:!nrly Fin;;'lr.:al Rr:r;ulls Wl'l;;c.h havt! ncM 0':1:-l l'lpt?lt.! by me A1;dit Cr.r.ur.;tter: in :hr.1t meeti l!!i !'lc!d on 30.05. 20 19. llpp!ov!!d by the 8o.1:-d o! Director:; in !heir rr.ccting held on 30.05.20i 9 nl'l-!! .l:.rd=tell b)' 11': ~ S-!11\ull:lry <Jtid<t:!rs and H~d W'lh the Stock Ex ch31'j;t :.rndtr rt!'gulation 33 0: lhl:' SES! (List:r't-1 :tnd 0!1;-er Disd<JS.ure Reuuirt:mt:'l!St Regulat<o!~S, 2015. The full lo•ma; ot !he Cuar:c~ly! YeJrly Finattcl t~ls Resul!s .Jre av.Jil aOI'! or. tht: Stock Exch2:1ge W~:b $.lte i.e .............. mcx-~-. .com lmd on !l•e comp~tny'$ wet;si t'!t i,., , w-.drtre!>t:lt!>sets. com.
•33a I {2,692.09l tm991 1.1tS.9'i r ~
112,.114111 1.11!.50 PASUPATI F!NCAP LIMITED
R.cgd.. OHk e : Vi.!l;~gt lll iii:Pt iYin ( Otlan;:~iiiJ Ditl1.. R"w"'!i• Hl.fYJfl~ HNd Office : 1.21-1"2! Tr.flhtrt.m Ccmplex. lshwar t~ar. Ml:thura RoM:f. ~l!'lf Otlhi-11.C06S
STATHtENT OF ST A.NOALONE FINANCt4L RESULTS FOR
2. T!\et;f! finnncinl re~uus !':ave btJen prepMt!C in acco<l! >:111r.e ...... th t!-:e lnr.'iM Ar.r.our~l: f!g SIM!lard ilnd I•SJ pr!ls~.r~bt:rl ;:nt!er Sf\Ction 133 of t!lo Compi!nies A:t. 20~3 rem~ with Rule ~ of the ComoMies \lnc!iun A.r.cO<Jnling St;mc!m::l ) R!Ji e10. 2015 11r.d relcll;Jn\ mr.cnc!:r:ent rule:; tluH~a:ter.
3.Figut'!!l r'! t11r. 1.151 quar;~~ .1m th~; b.ll!mcl r:g figure!> t>et,.-er:f1 auc! ittX! figu~es in respr.!'.! <'lf the fulf fi11anda.l ·;e.1r ~~~~d t~e putlil:sJlr.d yea~ to -'•1te I < !JV<~$ U;lto lhc !rlird QlJ~rlcr o! the current fi i!.Jnci,11 year. <4.No or lll\lestors Complnin! r e cei~<ed: NIL O!SJ)C!!;!'!d Off: Nll. Pel!c!ino: Nil
(147.<11 766.~ 1 ~45.86 1 ~0t1.o.H
(W .I).I) 745.81
l'Q<I-(11) 10".(10 35~.00 352.00 3!l2.0il ~00
1.376.63 5,275.61 3,1ls.69
• 3.35 I ft6.09)j • (2.09) I 10.891 • 6.33 '43.<2) ' 3.3SI (4\109)1 '(2.091 1 10.891 '6.33 1 (.Q.62l
~ :
m.20 'THE Qli.A.~l£R ENDED l'tST liAACH 2019.
:m,oo
6,951.3)
10.97
--. -------------- ,-.;;<;.~;"'.Mo~~r,;rii\rjm:,.. · .,~ ;/!,~:,. PM.TIC!Ji..All1i t~d encHtS ! tr.dtd ~ndflt .
oiinn<om;·•;;m·•;;oiino"il"'tr- ;.~~;~ .~~~ ~~~r~:.:.i~~~ ~:t~f~t~~ ~e!~u=oi1•msl :o o:11 .j {tt <.<?;) !itt Pto'flt.s1Lo1-s} tor th1 petlod , i . ' "*. tort Tu: (.aft. tf Ellctptlonal ittmst (0 Ol~ · ; :C :lQ;:!I Net Proli~~s .for !he pffiod I afttr t;:),_(a.fftt E.r.cufiONI items I {6 OJ ~ •
1
:C 'ifl-t
~o:r~ ~=:::r~~;,~~~!!r,~~ 1 tM pi!riod(lftlf tu) anod Other I ComptthtnaiYt l.n t omJO lafhr 1ul] •
1
· Eqliit1 Shart c,p&ar 4?0 ~: 0 ~1Q Restr¥t utlvcling Rtulua·tion •
!0.97 pnvious yur
Plar.• : Nnw O• lhi Dille!: 30.05.2019
By Ord<!r of the! Bootrd For Dr. Frt'shAnets ltd
Sri I· V'l jay Pr.1kuh P,ltlnk
Whole Time Director, DIN·C7081958
~'J.'l'!f. C~~~~)(f.f<!l! s(1)] ;tw f)J;, ~~- ~11ft~~ 'Q?! ~ ~~'Jf.l"iRft:::l~ 3i'-:f.r-:!i. 2w2 'iii ~";:pfT: ~ a~~ i;; :rri"1>'1
~ ~<t\t~!u~ m-:-;Frl sm~'i'fl tl'il ~zg ~. zo19 'ili\ ~ ~ ~ ;; ~q'4\' ~ !lim ~ t'Rl Ji:rJ!f\l'i.l fi},-m 'Tllrt
2. mft (~~am~~)~. 2015ll; ~ 33 1!; o.'\fi:l ~ ~ 1l; 1IRi ~ ~ "R ~ ~ ~ ll; ~ l!ffiCI IDT ~~I~~ 1fl ii'i 1l; ~ ~ .'fij 'l.'1 l!ffiCI n ~ ~ ~~ !!1!W,Ofl lndft&2JD. 1R ml'i ~ if. ~ <IJ"fl )!WII! ,ffiSt~ ! OdfA C<> fn W >fl ~ t l
Res.trves u ptr Balancct She!t of I ' hr.Mn~ Pt t $hart (tor conlintring .and dlteonUnutd operaUo.ns t
lbtto.reexctptJonal itms} of Rs... 10 tat:h) (notllnnuiilind) I 1)8-uk - .
~~~~{~~~~i~~~ 3l"i!'P41~~ "litiF: "lf.f<!'~ <Jil~-;pft:;'f: (.l
~ . :: ;crr~:=~~~~~.::~-r~t!~ t,~;:,=;•~r~~~~~~~~ bJ Diluted · •1. Eamlng Per Shut (fo1 contirwlng
1 and disc:ontinuHf o~nra.t1ons) {Jfttru.c:tptio-naJJttms)
;:rq;~~.rni!'-ii~~~-q-:r~"Gtl1"i'''t*'~.(i:l'l'ii*-,:;;~ 29012o 19~ li. H-99,;\qs; - (~ ~ "RTm ~
~t: >rti~tM~ ~~ ~~~~~~ :o~:! :~:.~~;;_~~;.: ::.;;,: =;;: :1~ ~'~~ 3. lfli!l.i;J ~~ fl. ~ <Ill ~ ~"") a; f<:N t.~t-, •n ;\f!~~o~~ ;11_ fila'~ :Jill~ il> ;m
'IIi\ !)~1!/WJ'fflll! fil.-m 'I'll ~I ~~ll;~m.n<o-llll'i~~
~~ :
(QJ Ra. 10 catl'l) (MI J.Mualin:4l a} 8-.a$1c b Oillbd
L ~~~~£r=:1U:er~;:1,;-;~;; ~~~~t!i!~!~~~~~~~: ~~.,~~:e~~~\f:~ell,:::a:~~e:/:~ra~lR~;liba~a'(,)b!:ie
t r ~~<;;;J~~'J!I~'*'~~~~~q~'f;~-s:',.Y~"f~<@lim13<;1-:JG-HTtl lS) i::;ifr:arr<f£ ~~t l
~ W<lfu <liT f<mur
225-t.\, ~ ,;\ , ~, >IT<I it<; !!/· lb~Wl\T<!r • 100 020 ('fl. ~. I'll;) 1I!IR : 1111mrmn 31t!l.el m ll1lll ~·
f't)( PatupJti f.i~p Ud 'PI.at1· tlt w O.JIH u·· D.atf.- lt .OS.l0t9 Wit J~in
llil:>-<1•.
~ m"i-Gn! ~. G"F#~ lTRT ~ i; ~ ~-~ 'if: ''if'54/'f;· tsftm··:;C8ii8/i'(;:i:"i)07;216, ~ ; -;0/218, 1J'tf: ':1. S, ~-1(. 'lJ'r-l ~.
~~::~~~~~=·='~~~~!1 t 4113), ~t;'/!'1 , ~--il- 1 10093-q-V:ii;';;jl{:!lftl q;'J'ti\fi'O.i'l (l'l;~JJ'f. ; ~: ~l';i !:--3:~-~ ~ ~1;'.:-:;_ >1.'2 ~~m-rr.f<f.~~m~if~mt: _ 'ftr-';.:~<ift.;,.-=t~~if~<fil';,l{t"tl
I ~'~~ : 29 'lt . 2o1t *9:o32127&7 I
------------ . -. . .. .. . ., . .. -·· ·" -. -·""' ... --_,_. __ _._-::::::::::::::==-==- - ~~::-::::~. " 11 MANAGEMEIIT O~NDANALYSISONTHEtiKELYIMPAClOFTHE BUY·BACKON THECOMPAN'I
K•y Financial& For the I"'••
on dol! hi><Cb 31. 2019
15U O I 2HAay z;n (l .850J
10~.00 22 N"" Z016
i1 .74.0S3J
230.99
1 ;!5~1
1l363
'1:i1.1~ 'l
1 I '-'"'"~~ ! t•v,:~'~' ,
€9.3~.95!1
l t -'5,51.706
1.€0.16.<3.399
11 . t Tht ~:1 t~llll'll!t !hilt tr* &~iS Mt t~aSy to elOISe iltly r'nl101.at 1tr.pad <x1 tnc Pf(ttk'I!'Aty I eau-.r.gs. ot ~ Conpany ex.oepC tc- !he- etlcnt ol ~~ i\ ~ Jrr!Cu.r,i Maiiab.'le for irM~stmer-.. ·Nt\-ch lt!e Cccr~ny r.ould ha'IO ~·.!S(l ~ tow3P.is f;Coe!'U'1 l'r~trrJ!n! ~C- At the Maxrnt.m au:ttado. SiZe. !t'le ir!ds deplOyed by 1t>e Comcany i!lworos mo &)'!:00: t10l!d t.t ~2 .500.00L.>kh exe~JC!tlgTr:it'Gad.~C.O.L'l .
n2 ~:;;~~ctR=~?,kS{ii}~~:;~~~&~=-=~~~~~~~a~r~~~~s~~~~iy Prom::~ters and ProOVJ!er Qwp ma"f i~ase. Howe'lef, ~tar -;c~!f'l9 riy!;tS heid by Px.moters a.;;; ?romo!e! Grtmp pc;s:Bu~k ...... not ~JCCC!:o!d !he ~na~:imum perm;~ r.on-poblic ~~ding TOO <!Xaa ~car.tage of 1()-:ulQ r~iS cf
~::i:~~=~~~~~·~~~~o~;!i'C::;;::~~~~~~~;:~~~~::J;~~,~~~~~=~ and therefore anyincro3s.ein"a~.g r!gha oi t!le Proll'G&<Cr.!la-.a Promo~e:rGroupcon~ntto Bu;f.l.ac~ wdl i'IOt ros.-ua 11'1 any change 1n CCf!tf(j C);1!r ~ af'!airs at :he Compal'l:y and si\al be ., COI'lpliance 'A'Jih me 1)'0\'isitx'ls of too $e(:o.M.Iiel! a(llj Clt:chan9e of 8¢;ur,i of India f$ut!s!.a.1~ial Al:Qvl5it~ of Share-sand iakP.Overs}R~viataoc.s 2011 a:r..o SEB!LODRRegwMns.
l 1l.3 TheBuytJck cf~Shares stlal! oata,-cc:lfe emtol rr~c-men:strutrure vi theCorrpany · '1 11 4 Consequent 1D the Bt.r11Ja~ o1nd ~di~ on ~ actuai nomber a' Equity Shi:Jres t:-xJgh.! bad( frctn the ~
-1 !1 33902StS ! nlsidc'".l st.rd'!c«:cra, OOancialltlitrtu!Q!l.'\. b<ln~, l'l".A.u<lt luros and a...~ public s:ha:~. the!~!uue!ddi«lg .... . . . i cr •• .,W<h.-nmst..a~ac:"'"!!I""dlil$~o!>ucl!<:haoge.sg.,·en"PI'-os;if. 10.3he<""""(O"' ; i 1 t 5 .o\s ra<pred undet~e&2'Jd) oHt\eAct and Re~;;~lm <4 { ~) or the BvybiJCi( Regulilt:Gru;, th6ra~ of !t.&agg~ate.
· ·; - ........ --:::---!--·-.. ·-;;-~--~---i o-• .S.etu~d 31ld UI'!S~ deb:SO'I~tyt,e C~ .Ylal! fiO'I be•'flOfS than twiCe tr.e paid'up eq:v;~y S.",Ki."'e CJ:ttt!ll ;;.r4 • ;)0.5<',33:! i UJ,,, .1~.001 1 lleo •o,.,.,.ospasttreB~
~ ...... -~ .... , ... ...... ~ ....... ..... ............. ~ ·w · . .. .... _,.~- j 11.6 The Prnmc~ and Prom(lt~ Grt>tJ ~~ rJ ~ Cc'l'ni>O\'W &Mfi not dc~i 11 the E.O".i!y Sh.,res o~ ;!lO C/Jrrlt.lfl!'!¥ ~~ IJ . ::a~ -~ i 1 .~.sn.a10 S:xk ~ ar c..'f mak ir.r1<~ ty •~?Y.i !:l{mtm--sc t:<m-Sf«Csj of Eq~1y Sha~ :!~ lho ~r~h1~
tllud Ptotnotor~. tfum{lli'la ~fr~;lMci8~<:f~ngDf!he!YJ.\nfrt!!sckltto..lOtil t"~ closvrooflh€S...'l'~· I 1. 7 fb!Company Gt\tin nati&&UO ~ E<r ... <':;rStr.tr:!S (7 $"peci(otd ~t1lri~ illdud!rJglJyway ofbanus till tbiJ date of e'(pU)'lJt
8uyb8ck petOO. F~r~, l"le Compal'!_r ~idi rot r<tw ~.:~cnprrol b' a pmOO o1 one 'foil! frorr the or;.iry ct Svyb.:Jc'K pertOI.I, o~ptin diilldtarg&oflt$eubm~r,:;~~~.
11.8 The funds bor~ from bzlk; and r:n!J~ ~trt-J!QM >A'I oot be L..'OOd !or too BtJ)'tlat*. ne Gor.!~nn-1 shall t:O( r:u:~ ~ i!$ s.~r~ from an~ ~'efsat thtDt'!;fl ~a:ea Otal ~.her on o:- oF. me s.1oa.. ex:cltang~ m'oOilrl spot transa~ns Of ltirough priY~.e a r~~ter-l. Tne &r.A'ly Stlare$ boughl b<Kk b'~ \he eompar,)' snail be ctlt.lpulSIXily extinguist~~nd de.strc--jed andW.H ne:t be-held ror re·tSS'.l! ilt aliJtcr dale Ti'le Ccmpany IS rrm w1dert.1k~ meBU)l>ocktodelo!t~crQt#!y0/1ateOlromtlli S<OCk~.
12 STATIITORY APPROVALS
12.1 f>u•suam 10 Seclion$ ~ 69, 70 . .,....; all o:.er appiiea!lle P'OV'..,. of !he Ac! and apprrc- rules'""'"""'"" andltle pcovisionsottfie BuybactR&gF..datlor.stre~"y~.a:sott.atnMtl"~Bo.ardapprovJla$men~above
7~£!=J:~=~~~,or:.1rJ(! CfS!iBfC~IraEkaJ)fQI alt1!iXWg :iey~d-.F.ifi9tfN~I1JXlriod. ·m F/$<11/ :X/11. ""'~y ,,., ,......q tonus «l>"'Y !llaros "' 11>e """' of f:1(«·1lc<<iS ell'"''*" lrom Septemoor !. 2tH6} 9A Thcdosi'Q :"i~\ p,iceol the EquqySh6res oo tt'~ SSE a-r:4 the NSE as~ ~21: 22. 20-!9. being n1ccayan'"tlich ~e
12 2 The Bur.>a<t< is sWje<t 10 ~ of w!Oll sa""""' 3!ld apprtwols :ron s:atu:tvy. •eyJ!a:ory ot ll<'"'mmeotal authon~es as mcy be reqwed unde! appiicabfc ior#S, ir.d-..>ing- the Rascrve Bank or India. thcSEBI a."l'J me stock exchnnge•on•~ ll\4! E<;uityst""'s <Jre!is:fd.<~&moly.l!S!;<ond f'ISE
t:n ~~-s~~~~~~sf~~;~~t;::~ci=~~ :an:Y~u~j~A~u:~ a::TO\~~ o~~~~~: Sank cllrd..l, if My, un.1c-1' L'le ~ ~n~~~ Mar!Dgcme.-.:t Act !999 afld lhc rules a~ tt:g..s:J.Xlns.fr.uncl thet<Ul<!<t.
0: SoeroMeoling Jown.C...lhe p!OjiOOOI !Or JheS'!j,i>ackwao :lied<!l trre Str:ck~•chil'l!i'l> . ·~ ~ 10~JfJ(R<.;reesOne ~•,...Md~Pi>"""'Y)<Ifl<l t 10<170 ;t<ui><'&S(lr.o!Wr¢eri Foura,<!S.>'!!Oiy~only) N!Sjl<Chv<tJ.
' . . - . . .. c 95 ~·~·~::lpr<eoi:=::~~~~~~:~S[~1'&f.~"~~d~~~t~~~=~ 7.3 Ths Ccrnpany5ha,l con:.py 0011 th!l Sc~ a~ Exdla!Ya~C Board ~India (Sobstanttal Acqv!Sit.ioo of .. tlates and ,. .,Mtc:o .............. ~.~._ .... ~-A --... ~ ·-·· - ·--~ · --- -· -· ·-·· ~ - --- - - - . . . · TaktlOV!!r.;) R09tf .. li0ns, 2011.-. 0<1e1 ~ ~blo. Tho Company h<lftbr dectar•s l!tal •L I• il =o'i•nce .;m Setu::r.s &. G91md 70 of UW5 Corn!.m::ie&Act ar(! tt'.c CA<'r.psrOO~ !Shdre Copflal tlnd Deben1uro~} Rules.l0t4..
12A Tht sharoholdet$ $hal bo sdely ~~~ kt clt.~ intr.g all suth sta:IJJ~ corsents aoo ;wprovals {f'ld [Jtil:l~ ~'<rt"!tlt;\ hrnita~lheappro\-Qlsf'TC!theReser~e"'1k<if~ilf'KiiOI'!heScaJ,ifa:n'fl0:$1'1a)'ber6CJ!r'E(!I;Iy~ tnord-!<:P SE" tt~tM Equily S~.ares to We~ lXl!'SUarti to the S;..,~ Sh\lrehc!Oe:s would be reqv:~ec: to provtde e;cpies of aa such consen<s arf.!apprtrl3ktcb~ byttHl!'llto :t~Cor;"~P&'\-y's S.oii_Cr.
8 DETAILS OF ~SCROW ACCOUNT 8 1 In <tcton1ancewii.b Regtllation 20 ortt~ Eu.t11JJd:. HIJi,'iJbMns a.n'J toward$ .sccuray for perlmm300e ot ~ OO!t9a;joru;
=~~ht~~~~C:,a~~=~a~:,~kci1c~~k"i~~ic,~~~~·~,~~~~~~~=~~= aoescrowacc:o.mHitftid"Navt - :k.')'badi;Offe ~-&r!K Esc:rowACCO',II'\f{the "E-scrow Account"). The Ccmp..my ~ authonl.b:! ~M«dl<~nt Barlk:Dr to -opt~!O l!'!e ~ .AcwJt\lJ'I ~X~mp!iance ""4h thl Suyback:R~osand lhoEsttowAgr-t ThocCilmc>rqwm-!ln1MEY-n>wiiO«>ftl: cash oggtegaung 10 t62SOOia}h>~ Six Huodred and l"M'!r.tYFiYe l ilktl 0:: ~~), ~ 25%o! ti"~ M3XIt11um6u~~ Sire ("-Cash Es:crowj in ao::::ofdanctw-:ttl lho BU)1lack RogWlion~ boiC<o CP<nin!; c! me &ybact<.
S.2. The funds In rho Escro-o~~ Accot.lnt may bt! ~ klr {f'lakJttg paymo!'lt to the: $hareholders !Libjcct to at laasl 2.5% of !he Maximum SV;back S<:e '- ""9 ~ tlliE.~Atx»uola1 alpoiots lo!lme .
a3 lfl.tleComp.'lflycsooc~tc~teSl!'jt;.ad(~Q>iiV33enHoMlnltnurn~k$U'.i. bxtept fot th! reasonS mention9d •n tt'>e SU)ta~ ~!itlflS.. tte amwr,! he~ ir; the Escrow Aocouni {upio a .maxinum ol 2 5~ of l:'le Malirnwi Soybac!l: Siz~}. ft'.ay be bOle to blf forfe!"Jtd anddcyos.rred in~ Investor Pro:C"wtton ar.d- Ecfuca!iOrl f'und -ofSESI <> as dtroctO<S by SEBI iC1 aca:rdanco»iLi the Buyt:>Ck ~iont
B~ Thtbol•n~l)~\01!\ocr>Qlofme '-=.Acoouml'llibrl,.le•lle<ltoltleComp~oyon oompt.lioo of an otlignlio<w in ~··lill1 111<8il)OO<:l<~.
~ LISTIIIGOETAIL.SA.~OSTOCKMARKETOATA
Yltlghted , Total Vclumt , Avtrage ol Shttot Tradtd·
Prlc .. ~l ' 'In Ill• ponod
Total Tumovor
(~)
~ --~~~~rF:~:: Soo1, tNov201~ i i 2:2Nev2016 i
8,17.52.50,087 <016 ro 152 ;o ! {1> 8, B~i i 103 10 1 <4' 1• 6181 1 •' 124 96 ::r ... ! ! -·
r=~-+----+--------r----rzi~~20~-----+---------+----------~ f5Jan2018 ! , 1)00 1 {8,~2,:)1}7) ! "" M (20, 11.004) ! ! • ' i 28 ~·· 20ti i ,., , FY 2018 IS.73,94,l8J41
' , (3.rZ,.!08) i
FY 2019 1~:~~19 1 9,90.25.0l,958
42,20.00,596
19!lo<: (01! i nw I (78.690) ! '
1 ~2~9 i 10~00 ! l~J.('!' f?.\9 ·,1
...... ~ ... ...... ~~!.... ··i ... .............. .i._.J .. ~~;.~ ----~L. ...... ..
; ~!.1~.mr ~ ~ .~J ! 't~'ib~~~9 I 102.90
... ':~~:.~.:.t.1~~I. :1~,~I -I ~~~.-.'. ·. ·.-. ! . -.. l.f.·.L.~.~~19.~-r1 --· 1·o:::~---~~~.::~~ifrs .. 2u::·~'i5 ! {9<1,B10i !!15.30
31,78,SS1 32.71.20,418
33.88,978 36,~7 .08.534
25,!2,550 26,<1&.13.109
... . ·.' " _\ " ' .. t"'_ ..... ,.._ ........... u-.. ..... ":'<''""o,}(l'~wJ I--.r.:~\){iiJJfm::r·..-try . ... . _ • 12.5 As on da!D. ihere are no olher S.!.1lt;~;y l)ri'!JU ;;~ ap!)!'(Nc1iSfiquired t~ lntplornet~; Jho Buf'&.k, o~~cr mat'II!'!J! 9..v Tnf; ~~r:a;uk.etp-r;:eoltt¥.-Equlty~8oolhe~SEanu•J'It:N~HSQn ,Mts¥?S . ~19, hQ.ng th~ ~ ltll!Sc.ln1 lndtC4tF.IdabtMl-.lf .ar.y ~~ tif :"'~,a:c-ry ~.;;~ ttooome app11~ sub~E'lq~ntrt thft. Suyt<tt..(\\-l'bt
•w::~~n"'I>!C!ICMI fer Bu-ib•c!:. was.' 106.30 ( ~<Ji!OO' 01'1l HundrOd S« """ Tl ·"l'i !'OJ'~ only) • .,~ 106.70 sll(lect!osuchs1a:U:Otyorregoia""l'~·r.o!s. !Ru:-""" """ Hundrod&l<ant1Sovnn!yp;a<~10"'YI ,..S!l'Ci \'OI)o. 1J COLLECnoNANOBJOOIHGCENTRES
;)_? ~~~~~~~~~~~~or;~E.~~~~~~~~:o;s~ ~~~~~-~~~~~i~~,r.~~: l3•i TheBu~k.W!UOOi~~~lt~let: ~ U1'J{»r,;pt;nytJywll~c!cpt{I~IJ~!~'ItSU'1t).;gtllltt:Slcc1:E,:~'\~ W$1';9 OO!)'}and!f 97.10tR':.;"C(rtsNinetj Sl.h'Of\<Ur.Hoo p:lJM 01"11)'}11!'3~1)'. thM tlia:IOn'MdO tradtng mmunM Thc!'e!c:re, tt'.oie ~tel'll!?'!".~ cf ho~"inn;; c~ ccnlres Cln.J btd1;!"g centl'P.'S j,., nat
10 PRESENT CAPITAL STRUCTURE AIID SHAREHOLDINGPATTERN apphcabe• 10.1 Thee3pitaiCJCtur8-of~~y,as-oneed:'ltect~P\.:ti;cA'lf!Clll'lref"'.CNa~!!':cp~capital$!t'JC!l.ifeoftho 1 ... COMPUAHCEOFACER
e:omr~t;:YJStcompi!Worol:lie-S<J)•bclr..kY.* be...asfDlr:M~ · The(:Ceser-Jcap?.aistJtctureoft>e~y-t:Sas foliows: EquftysM~o(tt~C~rr.I\.-CC:!r.aat :t~ Compan:y Se:;i-eta!'y « thtm..-estc:t rela!Jons l~r. of~ - · Company lor any danf!r:atlemS c;r b a~dress thei' gnr;ances, If any. froo,- 11 fl(l a m tot 00 p rn. on any day
except So.tutday, SJndayand Put:llcho!1da:sauhe ~llingaddmss· .Sr..Jto;.__ P•r1ioolars
! A:,1rnJrized Shore Co!>lill: [ 25.ci:i£(f;OOftqu!ty Sh.lrcs of IT elCh ~~----~----r-.
! 178.8;!6,957 e<;llity~'t.:!re•O:~ 2eacll
=~~~§'i"iii ~~#.i#_C.#.!iiiai
........ ....... !..!~~.~~~-:?-~~:.~~.€~}
Nat~; A.\~ t#flt ttm «n.ftca!r'J& Matimom Buyback Shafo& 8ro brugM t1tJCk. tJ~ po~ &rp.i. ~'>!JOO: .'>iJtJscritmd """po!d-w ~ ••W 11<1!&1 /Jeper!<J;If9 ~ Jl!eoa!hll lllP»>or o1 EqUity Slut<-> i>oi.;Ji>l l;.iCi<. 10.2 ~ Gn l~ ilf.l~ o1 ~h1s -~Ar?ICWlccmcnL >hele are no Equity Si'I<-JJ'f;s wtlid'< JW pa:kf pa~ up.. orwJ:h cak x 1rrears
JJfi/J tt\l"''\t ~:t! OOOLJls!iJndinglltilt\Jinents OOtlvcrtlblo WUo Eq~izy Sharee. til.3 Th.<; ~~--O!dm{l patt.e-.rn()f tr;a-Co~)' pre Bvyuao< i:ISOfHUit! of me Soa·t: m&Y.i:'l(,: i!pprc;v~!:g t."" Suybf.d •.0 May
29,201~f.<!1d !hepos!Suybaci(,s~"'9POtl.!rnOMUrtlrig fu!l~fl(A!, it' ;I\~.W:.
c.to90')' of tho Shar•holder Pro Buybaok POOl Buyb•ct
~1-H'"o,-o..,.f ,-h-,,-.'-, - I l'o ofe•Jstiog j No. of shares 'A o _ held eauitv c-ioit~f . held eauftv aDital
~ .?.~~2 -... --.,-B!?~~~sL_ . .;._~ __ ;___a_o~,~->z --+---!!?~3§.. . . - 9,54.89.525 - : .• J:l~ __ j ' i !MM•,!!g ORo . • : • ' ~- s .m,o<s : 54.et
:£~.§.~ .. "-eii:Erl!fll'!e~!.I~ _ , 2B .• OODOQ -1, .. 1.57_ j} i
(Cl Nco Promotllf-Noo Pubht: 28.00.000 !.51 1 Total 1J,8H5,"lt2 !Oo.llO 17,70.12,982 ! 100.00
Not!,· A$$t/l!".lng til6t the ltJdita.'we M<tXJmtJnl SU)·t>acil SJ-.Jt'E's ~"'8 t;ougnt bit-~ Hok~~<er. tf'le posi 81-tt.back JSwe<f ~"'r:bedlir.d~c.ar*UJ~mJJydl!'ttfdifl~r.dN'XJufY.l!l lfle at'WiJf f1!1171ber of Eq...;ty Shit"-&.\ OOogf!t back.
:o . .; M per Reg:.JiaOOO 16(1) cl the Bu-,tock Rcgulatoos. !he Buyt...~~ shaii oo: be rnadefro:n Promo:crs.. PromG!et s_:cup .1<1d persct1$ 1'1 coo-uol of the Corrpany Jrd ~h IOCi\<ldual~/ettt~.es w.!! nc:t part<ipale m me Buyback. Rl!\l'€!, flSP"fR•;P.•Ioo2•(1Xelof (t)e 6uyt>ao!; R~:;,. !!1e Frorr>O!er.;, ""'""'"'9"""'""" ~"'''"'" '•he ~~~~oia~:ty~o~~~~esE:Qv~1 ~r~0: ~0: ~~~'ret ofl'-markaiJn~g ~~r
tC.S.Fo.; !he ~-ega~ SI'!Brei'Kt~~ cf the fromoler:. MoC Promoter g roup~ ~r tt~ da!e~~aoatdMee:'l!ng!.e. t-r~.!i ·~~~:=~~PiJ!agtiWfl& , oiSec~ :tl~·Part A .. Dt~ in ~QN:~~ -_.,~ ~ i Qt
10.6. ~il~:~~~S~a~u~~.s~~=~~-=u~~~c:~::~=ti~:e r:w:P~~~~=·~eferro 10.1. •·~'h~!&til& ~, ~OI«tgo-;pand petWns .wt~eare .r. o;r.etotof tho Ct:!Mrol'!;i tl!'!;~~~ t<>pa:t<Jp~le 11'1 th&:
S~x.Jr, cff#~ooding oo tM oumbnr ~ E.qui!y- Shates bought~ by iho C-r;:ntMfl~. !t~ diec~V& shao1holding p~,:!r;~m~~ m 1le Coo-~ will r.ae.ase maqpl'l3Uy ~n.~qv~m fo !he Buy:)rs~.,\ .. /1J<tf !niJl~..t\~ ":' M petemUO(Kl
~=~~r~~~~~=1%~Pros;~~ot:r!:~~~a~~~~=~~~~~~~r~~ fl¢lO""""'ofSilMI>andTn-ljR"{JU.11J<'<".2011 •so-.
10 d. j'h&.i! !S ~ 1Cf')\:}fne ot amalgti~ or CtJmPIIWlise Of ;;~nt J,U5Utln! !.cl i.h~ CCo''!~llies kt -5 pending
llr. VSN R>]u Company Secreta~y, Nava Bt".arcu Ventures Urr~;ed 6·3· 110911. Nava Bh3tal Cham!:<t's, Raj &la>an Ro.id. rr~rabaa. Tlllangana, 50008? Tel. •91 A;).2J.<OOS01 t 2:!4ill04VJ><·•9' •o-Z34Qlll13 oao 6608 6121 emat Yl"es;~~.J\; Website:lW,'W-I'lb-fflJ')!~res..corn
15. REGISTRAR TO THE BUY BACK A~D INVES'TOR S~RVICE CENTRE ln· t<l~ of 11ny ~-0">~& shart~hok';9 ~Sf be:""f~~ O'W;lers of~ Df toe Comp.any nay conta;t me R.!!<jisl"ar &. Share Transfer A.')tf~ of !he ~mpa01: o;'l afi '#."'~.a days (excep! Saill rda~. Su-~}<t af'ld ?\lblic iiotloa)'S) bel"""" 10 AM and SPM, atlrlo fCi''liiM9 -.s;, KARVY FINTECH PRIVATE Ur.tfTEO Karvy ~- i~-8, P1ot No.3~·31~ Rr!ar;;ia:1 {)l,~~ict NanaJu'atn9 t.IC1a. Gachibo\\i. ~\lor:.btY.l A ~:10<) O~J2 . fn:Jia. Contact Pttson: Mr. ~hd ~it1 ~ tel No: +91 4.0 ~i1 6 1562 {Oirod'Ji •31 4iJ 67 Jt1 un t6ooro'l· Fu No: •91 r1{167!61~0 Email: ein<>Y<[email protected] Websltt; mwr.'-"r'IY.t.:em; SEBI R&gi.str1tion: INR000000211; Y;lidity Ptrtod: Pcm~ Corporate ldl!ntity Number~ tm400TG10tm c I ~m.l
16, MERC!IAIIT BANKER TO THE BUY-BACK: The Q::tnp.1ny has~ !he~~ a~ Mereha..!l! B.ar6:er~o t.l')e Bu~k:
KARVYIII INVESTMENT BANKING
KARVY INVESTOR SERVICES UMITED Plot No.31, -Aih Fioor, Karvy Millermun. Niv.akiamgi.id~ . F<W~Ciat O.Stnct. Gar:llit>owU, Hyde<abod • S..'lQGll. Te-~na India. T•l: •91 40 23'2&7141 233 1 2454, Fax: '91 4023374714123;11 1003 Emo~; cng@!<a«q.ot<~~ . Website: ,..,.. iwly!o.,..irneotbankn) cx:m, lnv~stor Griavanct- Email: igmte~..rom Conlllol Pors0<1; Mr M.P. N.lidu
11. DIRECTORS' RESPOIISIBIUTY As pet Regulatcr: 2..1(i){a) of the: &t11)a$. Rtg>.;!a!~. t'v~ Borud ;r~.s tc$ptt\SibJ!i!y fer the mfomu-tioo tootavled 1\ ,,.. f>ublicAtir<:uo""'""nt aod fo( L.,. .o!<!ma!lO!l ~:oo; in .., o!har adve~ll$emeo~ . c'"""" "'""''A!S. put;oc;ly
:::!' aa~·~r:~~~ ~~~~:~,e~~ ~.dco~ r!f~~~-,~~~~~:t!inllJ!;= iniMnation.
S4i· Mt. P Triv-J:rarr.a Pra:snd
Man;glng OkoctM
Da1•· May 30, 2!)19
For and on bchaH of Bo:a.rd of o·rrttctots of Hava 9.Mr,; V~ntu~:s Umi:cd
Sd!-Mr. GiiK Pm~d
E~Uv~ Oil-Ktor
S<l'-M: VSN Rsju
Company &mt3:ry
tr. mia!iQr: to th~ C~-zy as oo :he m1e of :tus Public~me-.1t
----·· Pl<!<e· H~ -·---······---
~~
0) ,.. 0 N
~
0 . ~ ~ ~ ~ ~ 'I§
r'l-l I~ ~ '{j
1 'd' 'a
~
..,'2 I}
B
@ ,_
, ';
;
• '"
" ;!J
~ "
m
.,~. L:~· '~ -8 ti '>3
. 'il .~
)'2 xi •
~i
' ~
•<0
""(3
roa'>(lo/2"
o~j
~ ~,~
t 0
0 a
,f2 ·r;"Xl
,f,.l\),~1'2
!~"'
b '"~
Yd
-8 0
Yd
0 "''
'1'2 ·'-
-~
o .,0, .fa"' r. & ~ .fa"'.g
''2 ,f3
tj[l<
" q
~ p
e .
'f':) Y
d '1'3
0 "" '>3
: ~ ~
... '!' uo
Ol
..., :t'o S,W
J {j '2 Q
,\!
roJ ~iu al~~
5 T""
~
., I
'%3 "<l
"'
'>:! o
· !J
;J ro
-i ~ :
:'> ~
0 "
J C
., .,., ":l
'i;! -J!l 13
Yl •cf• 'fl
~ 0
. ~ !
· o
U
,..'21 ·
ro "R1
.. ~
0 N
roJ
oJ .
"<J \lJ«J
ron
g,>!i
()' o li
Q ~
Q
0 Q
'1?.
~
l '~ ~\lJ''d~a
:iJ 8
"'
Yl <i
" .~J
. . l
~
~Y2 D
i'o l'lvzxic.Jr;;;'yl
a T""
i3~: "cr 'lb-.3~
6'1\J">:>lr,t,'~"'l
in M
o19
fj'f'2~ gn'~::·t:n.S
o '"~
'""'~'.:<,c.'i§Y&
,r,'{j 0
~ f ,~1
t • ~
b "" ~ Y1
)'2 ·'0
1> Y1
5 5
'0
~ x
i.g'B
..\l-;;J'lb'->2~'/l-!-8''
~ a
. -r~,z-r,~
·~ :J
lb :J
C.X
lXl
YQ .. '2
~ -r., ff 1> ,i ~J'lt ~j 'g ~ r
bJ'a· xi "il ~
'{] ~ >!) ~_.~'-'2 ~
~ {j
<()
13 @
'f(l "!! ,r,,
<A
>\() ·~
Y
d .J'l 0
!J''g~ iJ
<§'18
ll)j ;:;)'2~
. a-... .J'l
'[Q
'1;},'2 f.!'{jl~
>!) 3 '1b
)'2 '~ >
j. 0
'>;} Q
-8
Uf2 ~
0 '>''2
0 .
aJ
~~
'1b Q
•'l-
'>3 8 '>3
0 Xl -Q
0 "'
lo!2 '0
""
lo!2 Y1 Xl
~o'lb~~~~~~~a~~-r.,1'2
12~~~
!J ~""
lil 0
'>:) .;;;>
\1,
~
Col €;'
~
Xl
g e: Xl xi
-8 )'2
'0
;u•-;;J ~
rJJ r:> '1
-I'l
l> t,'lb ~
'>0"13-2~~'>3 !:tn2'15'>:l ~<2'
!1 Xl
o.,c
.o
"'o
iPJa
o<J'<>
'~o
r J ~ "a ~
r:> ~ '1b
'f'l :g 1::
Q Lo.
'C
<0 !J
6 ~;'!'~ ...
('t) '1!, 'o 11
,£ ~;''i!'.:<,~ fl
,g,, ~ r~
1J f. Y1 )~
"'~ r '{2
[ .fid "0
\IQ
~) '1'2
"0 In-r'i!~
-t.o ~-
'fld 'lC
C\i ~J~ ~.,~,
1l ~ r;' r ~ ~
~ ~ ~ ~ ~ ~ ~ if
a .. e
r:> n .3, '"~'Iii &. 'il ,f2
' ~ '>0" Xl 1'l,
· ":> '~>
. 1112
~ g"' ""~
0 <io'"~~ r§ c.
<11 ~?~
~g
::'i
~ ag~'ilLo
~o
~ob~xi~'<>~!Jj ~!!
r:> 'O~o
Ov
zl:: ~
~~'Bo
~r:>w~a0~Yl<o~r ~a~o<!fXl~
... ~
•ap~~~i~,~~~P~·~Q
'fa Y
l 60
~IJ!l
@
'lfz '1'~
ii) <0
~
C2 Y
l ):l
6Yil t?
· 'm>
'l ):l
ii) ®
~ fo
~ 'I'll
'fl21 ~~· ~
'fo !;)
':Q-"'~
)~
'a \'2
•