20166219322Reliance Jio Info.Pdf
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Strictly Confidential Disclosure Document For private circulation only Table of Content Disclaimer 5 1. Definitions ............................................................................................................................. 7 2. Abbreviations ........................................................................................................................ 8 3. Issuer Information ...............................................................................................................10 3.1 About the Issuer ..................................................................................................................10 3.2 Brief summary of Business/ Activities of the Issuer and its line of Business ......................12 3.2.1 Overview .............................................................................................................................12 3.2.2 Corporate Structure ............................................................................................................15 3.2.3 Key Operational and Financial Parameters ........................................................................16 3.2.4 Project cost and means of financing, in case of funding of new projects ...........................17 3.2.5 Objects of the Issue ............................................................................................................18 3.3 Brief history of the Issuer since its incorporation ................................................................18 3.3.1 Details of Share Capital as on last quarter end i.e. March 31, 2016 ..................................19 3.3.2 Changes in Capital structure as on last quarter end, i.e. March 31, 2016 since incorporation .......................................................................................................................19 3.3.3 Equity Share Capital History of the Company as on last quarter end i.e. March 31, 2016 since incorporation..............................................................................................................20 3.3.4 Details of any Acquisition or Amalgamation in the last 1 year ...........................................20 3.3.5 Details of any Reorganization or Reconstruction in the last 1 year ....................................20 3.4 Details of the shareholding of the Company as on the latest quarter end i.e. March 31, 2016 ....................................................................................................................................21 3.4.1 Shareholding pattern of the Company as on last quarter end i.e. March 31, 2016 ............21 3.4.2 List of top 10 holders of equity shares of the Company as on the latest quarter end i.e. March 31, 2016 ...................................................................................................................21 3.5 Details regarding the Directors of the Company ................................................................22 3.5.1 Details of the current Directors of the Company ................................................................22 3.5.2 Details of change in Directors since last three years .........................................................26 3.6 Details regarding the Auditors of the Company ..................................................................27 3.6.1 Details of the auditors of the Company ..............................................................................27 3.6.2 Details of change in auditors since last three years ...........................................................27 3.7 Details of borrowings of the Company as on latest quarter ended i.e. March 31, 2016 ....28 3.7.1 Details of Secured Loan Facilities ......................................................................................28 3.7.2 Details of Unsecured Loan Facilities ..................................................................................29 3.7.3 Details of NCDs as of March 31, 2016 ...............................................................................32 3.7.4 List of top 10 Debenture Holders as on March 31, 2016 ....................................................33 3.7.5 The amount of corporate guarantee issued by the Issuer along with name of the counterparty (like name of the subsidiary, JV entity, Group Company, etc.) on behalf of whom it has been issued ....................................................................................................39 3.7.6 Details of Commercial Papers ............................................................................................39 3.7.7 Details of Rest of the borrowing (if any including hybrid debt like FCCB, Optionally Convertible Debentures/ Preference Shares) as on March 31, 2016 ................................39 3.7.8 Details of all default/s and/or delay in payments of interest and principal of any kind of term loans, debt securities and other financial indebtedness including corporate guarantee issued by the Company, in the past 5 years ......................................................................40 3.7.9 Details of any outstanding borrowings taken/ debt securities issued where taken/ issued (i) for consideration other than cash, whether in whole or part, (ii) at a premium or discount, or (iii) in pursuance of an option .........................................................................................40 Confidential 2 Strictly Confidential Disclosure Document For private circulation only 3.8 Details of Promoters of the Company.................................................................................40 3.8.1 Details of Promoter Holding in the Company as on the latest quarter end i.e. March 31, 2016 ....................................................................................................................................40 3.9 Abridged version of Standalone financial information for the last 3 years .........................40 3.9.1 Abridged version of Audited Standalone financial information for the last three years ......40 3.9.2 Abridged version of audited half-yearly financial information for H2 FY 2015-2016 ..........42 3.10 Any material event/ development or change having implications on the financials/ Credit quality (i.e. any material regulatory proceedings against the Issuer/ promoters, tax litigations resulting in material liabilities, corporate restructuring event etc.) at the time of issue which may affect the issue or the investor’s decision to invest/ continue to invest in the debt securities...............................................................................................................42 3.11 Debenture Trustee ..............................................................................................................43 3.12 Credit Rating of Debentures ...............................................................................................43 3.13 Guarantee or comfort for the Debentures...........................................................................44 3.14 Copy of the consent letter from the Debenture Trustee .....................................................44 3.15 Listing of Debentures ..........................................................................................................44 3.16 Other Details .......................................................................................................................44 4. Issue Details .......................................................................................................................57 Disclosure Document PAS-4 (Pursuant to Section 42 and rule 14(1) of Companies (Prospectus and Allotment of Securities) Rules, 2014 of Companies Act 2013 ................................................63 Disclaimer 64 Definitions 66 Abbreviations ........................................................................................................................................67 1. GENERAL INFORMATION ON THE ISSUER ...................................................................69 a. Issuer contact details ..........................................................................................................69 b. Incorporation information of the company ..........................................................................70 c. Business carried on by the company and its subsidiaries with the details of branches or units, if any ..........................................................................................................................71 c.1 Overview .............................................................................................................................71 c.2 Corporate Structure and subsidiaries .................................................................................74 c.3 Details on branches or units ...............................................................................................75 d. Brief particulars of the management of the company .........................................................75 e. Details regarding the Directors of the Company ................................................................81 f. Management’s perception of risk factors ............................................................................85 g. Details of default, if any, including therein the amount involved, duration of default and present status, in repayment of ..........................................................................................88 i) Statutory dues .....................................................................................................................88