APPLICANTÊS UNDERTAKING I/We hereby agree and confirm that: 1. I/We have read, understood and agreed to the contents and terms and conditions of SREI INFRASTRUCTURE FINANCE LIMITEDÊs, Shelf Prospectus dated August 31, 2016 and Tranche 1 Prospectus dated August 31, 2016. Shelf Prospectus and Tranche 1 Prospectus together constitute the „Prospectus‰. 2. I/We hereby apply for allotment of the NCDs to me/us and the amount payable on application is remitted herewith. 3. I/We hereby agree to accept the NCDs applied for or such lesser number as may be allotted to me/us in accordance with the contents of the Prospectus subject to applicable statutory and/or regulatory requirements. 4. I/We irrevocably give my/our authority and consent to Axis Trustee Services Limited to act as my/our trustees and for doing such acts as are necessary to carry out their duties in such capacity. 5. I am/We are Indian National(s) resident in India and I am/ we are not applying for the said NCDs as nominee(s) of any person resident outside India and/or Foreign National(s). 6. The application made by me/us do not exceed the investment limit on the maximum number of NCDs which may be held by me/us under applicable statutory and/or regulatory requirements. 7. In making my/our investment decision I/We have relied on my/our own examination of SREI INFRASTRUCTURE FINANCE LIMITED and the terms of the issue, including the merits and risks involved and my/our decision to make this application is solely based on disclosures contained in the Prospectus. 8. I/We have obtained the necessary statutory and/or regulatory permissions/approvals for applying for, subscribing to, and seeking allotment of the NCDs applied for. 9. Additional Undertaking, in case of ASBA Applicants: 1) I/We hereby undertake that I/We am/are an ASBA Applicant(s) as per applicable provisions of the SEBI Regulations; 2) In accordance with ASBA process provided in the SEBI Regulations and disclosed in the Prospectus, I/We authorize (a) the Lead Manager(s)/Consortium Members/Sub-Consortium Members and Trading Members (in Specified cities only) or the SCSBs, as the case may be, to do all acts as are necessary to make the Application in the Issue, including uploading my/our application, blocking or unblocking of funds in the bank account maintained with the SCSB as specified in the Application Form, transfer of funds to the Public Issue Account on receipt of instruction from the Lead Manager, Registrar to the Issue, after finalization of Basis of Allotment; and (b) the Registrar to the Issue to issue instruction to the SCSBs to unblock the funds in the specified bank account upon finalization of the Basis of Allotment. 3) In case the amount available in the specified Bank Account is insufficient as per the Application, the SCSB shall reject the Application. 10. Additional Undertaking in case the Applicant wishes to hold the NCDs in physical form: 1) In terms of Section (8)(1) of the Depositories Act, 1996, I/we wish to hold the NCDs in physical form. 2) I/We confirm that the information provided in this form is true and correct and I/We enclose herewith self attested copies of the KYC Documents. 3) I/We confirm that we do not hold any Demat Account. ISSUE RELATED INFORMATION FOR FILLING THE APPLICATION FORM KYC Documents: (To be submitted only for holding NCDs in Physical Form): Please provide the following documents along with the Application Form: (a) Self-attested copy of the PAN card; (b) Self-attested copy of your proof of residence. Any of the following documents shall be considered as a verifi able proof of residence: • ration card issued by the Government of India (“GOI”); or • valid driving license issued by any transport authority of the Republic of India; or • electricity bill (not older than three months); or • landline telephone bill (not older than three months); or • valid passport issued by the GoI; or • voter’s identity card issued by the GoI; or • passbook or latest bank statement issued by a bank operating in India; or • registered leave and license agreement or agreement for sale or rent agreement or fl at maintenance bill; or • AADHAR letter; or • life insurance policy. • Self-attested copy of a cancelled cheque of the bank account to which the amounts pertaining to payment of refunds, interest and redemption, as applicable, should be credited. (c) In absence of the cancelled cheque, the Company reserves the right to reject the Application or to consider the bank details given on the Application Form at its sole discretion. In such case the Company, Lead Managers and Registrar shall not be liable for any delays/ errors in payment of refund and/ or interest. For information pertaining to KYC Documents, please refer on page 10 of the Abridged Prospectus INVESTOR CATEGORIES: Category I (“Qualifi ed Institutional Buyers”)/(“QIBs”) Sub Category Category II (“Corporates”) Sub Category Code Code Public Financial Institutions 11 Companies within the meaning of section 2 (20) of the Companies Act 2013 20 Venture Capital Funds / Alternative Investment Funds, subject to investment 12 Limited Liability Partnerships formed and registered under the provisions of the 21 conditions applicable to them under the Securities and Exchange Board of India LLP Act (Alternative Investment Funds) Regulations, 2012 Societies registered under the applicable laws in India 22 Scheduled commercial banks 13 Regional Rural Banks incorporated in India 23 Mutual Funds registered with SEBI 14 Statutory bodies/corporations 24 State industrial development corporations 15 Public/Private Charitable/Religious Trusts which are authorised to invest in 25 NCDs Insurance companies registered with the IRDA 16 Partnership fi rms in the name of partners 26 Provident funds, pension funds, super annuation funds and gratuity funds, which are 17 Association of Persons 27 authorised to invest in the NCDs Co-operative banks incorporated in India 28 The National Investment Fund set up by resolution F. No. 2/3/2005-DD-II dated 18 Scientifi c and/or industrial research organisations, which are authorised to 29 November 23, 2005 of the GoI, published in the Gazette of India invest in the NCDs Insurance funds set up and managed by the army, navy, or air force of the Union of India 19 Any other incorporated and/or unincorporated body of persons 58 Insurance funds set up and managed by the Department of Posts, India 55 Category III (“Individual Investors”) Indian Multilateral and bilateral development fi nancial institutions 56 Resident Indian Individuals 41 Hindu Undivided Families through the Karta 42 Series I** II# III*** IV** V# VI VII** Frequency of Interest Payment Cumulative Monthly Annual Cumulative Monthly Annual Cumulative Minimum Application ` 10,000/- (10 NCDs) across all Series Face Value/Issue Price of NCDs (` / NCD) ` 1,000/- In Multiples of (`) 1000 (1NCD) 1000 (1NCD) 1000 (1NCD) 1000 (1NCD) 1000 (1NCD) 1000 (1NCD) 1000 (1NCD) Tenor from Deemed Date of Allotment 400 days 3 years 5 years Coupon (% per annum) for Category I, Category II & Category III Investor(s) N.A. 9.35% 9.75% N.A. 9.60% 10.00% N.A. Effective Yield (per annum) for Category I, Category II & Category III Investor(s) 9.08% 9.76% 9.82% 9.75% 10.02% 10.04% 10.00% Mode of Interest Payment Through various mode available. Amount (` / NCD) on Maturity for Category I, Category II & Category III Investor(s) ** ` 1,100/-` 1,000/- ` 1,000/- ` 1,322/- ` 1,000/- ` 1,000/- ` 1,611/- Maturity Date (from Deemed Date of Allotment) 400 days 3 years 3 years 3 years 5 years 5 years 5 years Put and call option NA Security The principal amount of the NCDs to be issued in terms of the Tranche 1 Prospectus together with all interest due on the NCDs in respect thereof shall be secured by way of fi rst charge in favour of the Debenture Trustee on specifi c future receivables/assets and fi rst pari passu charge on an identifi ed immovable property of our Company as may be decided mutually by our Company and the Debenture Trustee. Our Company will create appropriate security in favour of the Debenture Trustee for the NCD Holders on the assets adequate to ensure 100% asset cover for the NCDs (along with the interest due thereon), which shall be free from any encum- brances. For further details please refer to the section titled “Terms of the Issue – Security” on page 38 of the Tranche 1 Prospectus. Institutional, Non Institutional Category Investor(s) and Individual Category Investor(s) can subscribe to all Series of NCDs. ** Subject to applicable tax deducted at source, if any. *** Our Company shall allocate and allot Series III NCDs wherein the Applicants have not indicated their choice of the relevant NCD Series or have applied for wrong Series. #Series II & Series V NCDs would be allotted compulsorily in dematerialized form to all categories of Investors. For Grounds for Technical Rejection, Please refer to page no. 15 of the Abridged Prospectus. For further information please refer to section titled “Issue Related Information” on page 30 of Tranche 1 Prospectus. TEAR HERE
• In case of queries related to Allotment/ credit of Allotted NCDs/Refund, the Applicants should contact COMPANY CONTACT DETAILS REGISTRAR CONTACT DETAILS Registrar to the Issue. SREI INFRASTRUCTURE FINANCE LIMITED KARVY COMPUTERSHARE PRIVATE LIMITED • In case of ASBA Application submitted to the SCSBs, the Applicants should contact the relevant SCSB. Registered Offi ce: ‘Vishwakarma’, 86C, Topsia Road (South), Karvy Selenium Tower B, Plot No. 31 & 32, Gachibowli Financial District, • In case of queries related to upload of Applications submitted to the Lead Manager’s/ Consortium Kolkata 700 046; Tel: +91 33 6160 7734; Fax: +91 33 2285 7542; Nanakramguda, Hyderabad – 500 032. Tel: +91 40 6716 2222 Facsimile: Member’s/Sub-Consortium Member’s/Brokers/Sub Brokers/Trading Member should contact the relevant Corporate Identifi cation No: L29219WB1985PLC055352, Company +91 2343 1551 Email: [email protected] Investor Grievance Email: srei. Lead Managers/Consortium Member’s /Sub-Consortium Member’s/Brokers/Sub Brokers/ Trading Member. Secretary and Compliance Offi cer: Mr. Sandeep Lakhotia, Phone: [email protected] Website: www.karisma.karvy.com Contact Person: Mr. M. • The grievances arising out of Applications for the NCDs made through Trading Members may be +91 33 6160 7734, Fax: +91 33 2285 8501, Toll Free no. :1800 419 Murali Krishna Compliance Offi cer: Mr. Rakesh Santalia SEBI Registration addressed directly to Stock Exchanges. 7734, Email-id:[email protected], Website: www.srei.com No.: INR000000221, CIN: U72400TG2003PTC041636
2 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS THIS ABRIDGED PROSPECTUS CONSISTS OF 48 PAGES, PLEASE ENSURE THAT YOU GET ALL PAGES Please ensure that you read the Shelf Prospectus, the Tranche 1 Prospectus and the general instructions contained in this Memorandum before !"
SREI INFRASTRUCTURE FINANCE LIMITED Our Company was originally incorporated in New Delhi on March 29, 1985 by the name Shri Radha Krishna Export Industries Limited with the Registrar of Companies, Delhi& Haryana, in accordance ! ! " # " ! $ % R ! ( ) * + + " ! ( ) - "" " + .$ / " " ! " ( ) - # ! ( ) " - ! 0 +33.$ % ! 4 67 ! - ! " : ; 7 " ) 0.$ - ! ! ! ! " OHistory and Main ObjectsP ! > " ( " $ # $ % QVishwakarma’, 86C, Topsia Road (South), Kolkata 700 046; Tel: +91 33 6160 7734; Fax: +91 33 2285 7542; ( $ % 6A Kiran Shankar Roy Road, Kolkata – 700 001, West Bengal, India; Tel: +91 33 6499 0230 / 6499 0243; Fax: +91 33 2262 3220; Website: www.srei.com; ( ) : L29219WB1985PLC055352, ( ( $ % * + . Srei Infrastructure Finance Limited ‘Vishwakarma’, 86C, Topsia Road (South), Kolkata - 700 046 Phone: +91 33 6160 7734, Fax: +91 33 2285 8501, Toll Free no. :1800 419 7734, Email-id:[email protected] PUBLIC ISSUE BY SREI INFRASTRUCTURE FINANCE LIMITED (THE “COMPANY” OR THE “ISSUER”) OF 2,500,000 SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES OF FACE VALUE OF ` 9 ;;;!< ="(> ? >= OJ=X=) #= P $# >= O)(J P[ "\\#=\" )\ $ ` 2500 MILLION (“BASE ISSUE SIZE”), WITH AN OPTION TO RETAIN OVERSUBSCRIPTION UPTO 7,500,000 NCDS AGGREGATING UPTO THE SHELF LIMIT I.E. ` 10,000 MILLION, (“TRANCHE 1 ISSUE”) AND IS BEING OFFERED BY WAY OF THE TRANCHE 1 PROSPECTUS, WHICH SHOULD BE READ TOGETHER WITH SHELF PROSPECTUS DATED AUGUST 31, 2016 (THE “SHELF PROSPECTUS”). >= >=+` #$ =( $\= >=# j > >= #")(>= 9 #$ =( >"++ ($) = >= O #$ =( P! THE “OFFER DOCUMENT”. THE TRANCHE 1 ISSUE IS BEING MADE PURSUANT TO THE PROVISIONS OF SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE AND LISTING OF DEBT SECURITIES) REGULATIONS, 2008, AS AMENDED (THE “DEBT REGULATIONS”), THE COMPANIES ACT, 2013 AND RULES MADE THEREUNDER AS AMENDED TO THE EXTENT NOTIFIED. PROMOTER: MR HEMANT KANORIA For details of our Promoter, please see the section titled “Our Promoter” on page 112 of the Shelf Prospectus. GENERAL RISK Investors are advised to read the section titled “Risk Factors” carefully before taking an investment decision in this Tranche 1 Issue. For the purposes of taking an investment “Risk Factors” starting on page no. 13 of the Shelf Prospectus before making an investment in this Tranche 1 Issue. This document has not been and will not be approved by any regulatory authority in India, including the Securities and Exchange Board of India (“SEBI”), the Reserve Bank of India (“RBI”), any Registrar of Companies or any stock exchanges in India. COUPON RATE, COUPON PAYMENT FREQUENCY, MATURITY DATE, MATURITY AMOUNT & ELIGIBLE INVESTORS For details relating to coupon rate, coupon payment frequency, maturitydate and maturityamount of the NCDs, please refer to the section titled “Terms of the Issue” on page no. 39 of the Tranche 1 Prospectus. For details relating to Eligible Investors please see “The Issue” on page no. 30 of the Tranche 1 Prospectus. ISSUER’S ABSOLUTE RESPONSIBILITY ! " # the Issue, which is material in the context of the Tranche 1 Issue, that the information contained in the Tranche 1 Prospectus is true and correct in all material aspects and is not misleading in any material respect, that the opinions and intentions expressed herein are honestly held and that there are no other material facts, the omission of which makes the Tranche 1 Prospectus as a whole or any of such information or the expression of any such opinions or intentions misleading in any material respect. CREDIT RATINGS The NCDs have been rated ‘BWR AA+ (BWR Double A plus)’by Brickwork Ratings India Private Limited (“BRICKWORK”) pursuant to letters dated June 19, 2013, July 21, 2014 and August 6, 2014 and all of which have been revalidated vide revalidated by letters dated August 23, 2016. Instruments with a rating of ‘BWR AA+ (BWR Double A plus) $% &'*-%' $% &'*-%' withdrawn or revised at any time by the assigning rating agency on the basis of new information etc., and should be evaluated independently of any other rating. The rating is not a recommendation to buy, sell or hold securities and investors should take their own investment decisions. Please refer to the Annexure B of the Shelf Prospectus for the rationale of the above rating. PUBLIC COMMENTS The Draft # $ / 5 7 OBSE”) and the National Stock Exchange of India Limited (“NSE”) (together “Stock Exchanges”) pursuant to the provisions of the Debt Regulations and was open for public comments for a period of seven Working Days LISTING The NCDs offered through the Tranche 1 Prospectus are proposed to be listed on BSE and NSE. BSE and NSE have given their in-principle approval for listing the NCDs through their letters bearing reference nos. DCS/BM/PI-Bond/3/16-17 dated August 26, 2016 and NSE/LIST/ 85172 August 26, 2016 respectively. For the purposes of this Tranche 1 Issue, BSE shall be the Designated Stock Exchange. TRANCHE 1 ISSUE PROGRAMME: #AS SPECIFIED IN THE RELEVANT TRANCHE 1 PROSPECTUS TRANCHE 1 ISSUE OPENING DATE : WEDNESDAY, SEPTEMBER 7, 2016 TRANCHE 1 ISSUE CLOSING DATE : WEDNESDAY, SEPTEMBER 28, 2016 ? / / ) " @ ! A " 3 $*$ $*$ B) ( / G ! ; # / ) # 7 J " A P ; $ ) ; " # " / ) " ; ; ; ! ; ! " " ) " ) $ % / ) ! A - 3 $ $ 0 $ $ B) ( / G $ $ # ( Q# ! $ T # / ( ; ! .B.G " (Q7) A : ! * + +3 ! ; " A / ) " / U " A / ) $ " ( " / : ! " V @ 7 ! BORoCPG " ( + ( 0 " +3 0 BOCompanies Act 2013PG ! U J " U $ - " " OMaterial Contracts and Documents for InspectionP ! ! ! $ W> " / $ PLEASE READ THE RISK FACTORS CAREFULLY. SEE SECTION TITLED “RISK FACTOR” ON PAGE NO. 38 OF THIS ABRIDGED PROSPECTUS
SREI INFRASTRUCTURE FINANCE LIMITED 3 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
LEAD MANAGER TO THE ISSUE
( * . + w ‘Vishwakarma’, 86C, Topsia Road (South), Kolkata – 700 046 ICICI Securities Limited Tel: +91 33 6602 3845, Fax: +91 33 6602 3861 ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai 400 020 Email: [email protected] Tel : +91 22 2288 2460, Fax : +91 22 2282 6580 Investor Grievance E mail: [email protected]; Website: www.srei.com E-mail : [email protected] & # U X X \ ] ^ & - U X X \ ] Investor Grievance Email: [email protected] SEBI Registration No.: INM000003762 Website : www.icicisecurities.com Contact Person: Mr. Anurag Byas / Mr. Shekhar Asnani & - U X SEBI Registration No: INM000011179 " + 109/110, Balarama, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051, Maharashtra, India Tel: +91 22 4084 5000, Fax: +91 22 4084 5007 " v ( + Email: [email protected] 30-39 Free Press House, 3rd Floor, Free Press Journal Marg, Investor Grievance Email: [email protected] 215, Nariman Point, Mumbai 400021 Website: www.trustgroup.in Tel: +91 22 6754 6500/ 6634 9300; Fax: +91 22 6610 0594 & # U X _ ^ & U X $ Email: [email protected] SEBI Registration No.: INM000011120 Investor Grievance Email: [email protected] Website: www.akcapindia.com Contact Person: : Mr.Girish Sharma /Mr. Dhruvin Doshi & - U X ' YES Securities (India) Limited SEBI Registration No.: INM000010411 IFC, Tower 1 & 2, Unit no. 602 A, 6th Floor, Senapati Bapat Marg Elphinstone Road, Mumbai – 400 013 Tel: +91 22 3347 9606, Fax: +91 22 2421 4511 Email: [email protected] = ` + Investor Grievance Email: [email protected] Edelweiss House, Off CST Road, Kalina, Mumbai – 400 098 Website: www.yesinvest.in Tel: +91 22 4086 3535, Facsimile: +91 22 4086 3610 Contact Person: Mr. Devendra Maydeo / U Y & U X | \ } Z / U Y SEBI Registration Number: MB/INM000012227 * U wSrei Capital Markets Limited, which is a wholly owned subsidiary of the Contact Person: Mr. Mandeep Singh / Mr. Lokesh Singhi ; ; ! " ) $ & - U X $ % SEBI Registration No.: INM0000010650 DEBENTURE TRUSTEE
"z + IIFL Holdings Limited 2nd Floor, Axis House, Bombay Dyeing Mills Compound 10th Floor, IIFL Centre, Kamala City, Senapati Bapat Marg, Pandurang Budhkar Marg, Mumbai 400 025 Lower Parel (West), Mumbai 400 013, Tel: +91 22 2425 5216, Fax: +91 22 2425 3000 Tel: +91 22 4646 4600, Fax: +91 22 2493 1073 Email: [email protected] / U Y \ Investor Grievance Email: [email protected] Z / U Y \ Website:www.axistrustee.com * U \ Contact Person: Mr. Jayendra P Shetty Contact Person: Mr. Gururaj Sundaram / Mr. Sachin Kapoor & - U X | ~ $ & - U X % SEBI Registration No.: IND000000494 SEBI Registration No: INM000010940 REGISTRAR OF THE ISSUE v + 702, Hallmark Business Plaza, 7th Floor, Sant Dyaneshwar Marg, v ( + Off Bandra Kurla Complex, Bandra (East), Mumbai- 400 051 Karvy Selenium Tower B,, Plot No. 31 & 32, Gachibowli Tel: +91 22 6149 1500, Fax : +91 22 6149 1515 Financial District, Nanakramguda, Hyderabad – 500 032 Email: [email protected] Toll Free No.1-800-3454001, Tel: +91 40 6716 2222, Facsimile: +91 2343 1551 Investor Grievance Email: [email protected], [email protected] Email: [email protected], Website: www.karvyinvestmentbanking.com Investor Grievance Email: [email protected] Contact Person: Mr. P. Balraj/Bhavin Vakil Website: www.karisma.karvy.com & - U X % # ' & - U X % & # U X X X ' SEBI Registration No.: INM000008365 SEBI Registration No.: INR000000221
4 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
LEAD BROKERS TO THE ISSUE v . X . + “Karvy House”, 46, Avenue 4, Street No.1, Banjara Hills, Hyderabad - 500 034 " v . + Tel : +91 40 2331 2454, Fax : +91 40 6662 1474 30-39, Free Press House, Free Press Journal House, 215 Nariman Point, E-mail : [email protected] Mumbai – 400 021 Contact Person: Mr P.B. Ramapriyan Tel + 91 22 6754 6500; Fax + 91 22 6754 4666 v . + E-mail: [email protected]/[email protected] th Contact Person: Mr Ankit Gupta/ Mr Sanjay Shah 4 Floor, ING House, C-12,G Block, Bandra Kurla Complex, Bandra ( E), Mumbai – 400 051 " * ( * . + Tel : + 91 22 6748 5470, Fax : + 91 22 6661 7041 5, Lower Rawdon Street, Akashdeep Building, 1st Floor, Kolkata – 700 020 E-mail: [email protected] Tel : +91 33 2486 1040; Fax: +91 33 2476 0191 Contact Person: Mr Umesh Gupta E-mail: [email protected] Contact Person: Mr Navin Rustagi ## =} X . + 412-422, Indraprakash Building 21, Barakhamba Road, New Delhi – 110 001 Axis Capital Limited Tel : +91 11 2335 4802 Axis House, Level 1, C-2, Wadia International Centre, P.B. Marg, Worli, Fax : +91 11 2332 0671 Mumbai-400 025, India E-mail : [email protected] Tel +91 22 4325 3110, Fax +91 22 4325 3000 Contact Person: Mr Jeetesh Kumar Email: [email protected] /[email protected] Contact Person: Ajay Sheth/Vinayak Ketkar SMC Global Securities Ltd. 17, Netaji Subhash Marg, Opp Golcha Cinema, Daryaganj , New Delhi-110 002 = X . + Tel: +91 9818620470 / 9810059041 Unit No. 801-804, 8th Floor, Abhishree Avenue, Nehru Nagar, Ambawadi, Fax: +91 11 2326 3297 Ahmedabad – 380 015 E-mail: [email protected], [email protected] Tel: +9122 6747 1341/6747 1342 Contact Person : Mr Mahesh Gupta Fax: +91 22 6747 1347 SPA Securities Limited / U Y Y th Contact Person: Mr Amit Dalvi /Mr Prakash Boricha 101-A, 10 Floor, Mittal Court, Nariman Point, Mumbai – 400 021 Tel : +91 22 4289 5600/2280 1240-49 HDFC Securities Limited Fax : +91 22 2287 1192/2284 6318 & $ $ O] P - - & E-mail : [email protected] Greaves, Near Kanjurmarg Station, Kanjurmarg (East), Mumbai – 400 042 Contact Person: Ms Swati Maheshwari Tel: +91 22 3075 3400 . X . + E-mail: [email protected] th Contact Person: Mr Shrikant Khopkar Sheraton House, 5 Floor, Opp: Ketav Petrol Pump, Ambawadi, Ahmedabad-380 015 ICICI Securities Limited Tel: +91 79 6682 8000/8043/8019 ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai - 400 020 Fax: +91 79 3061 1137 Tel : +91 22 2288 2460, Fax : +91 22 2282 6580 Email ID: [email protected] E-mail : [email protected] Contact Person: Mr Avinash Kothari Contact Person: Mr Anurag Byas/Mr. Shekhar Asnani ` ( + JX ( * . { + 1101, Naman Centre, G Block C-31, Bandra Kurla Complex, 3rd Floor, Mafatlal Centre, Nariman Point, Mumbai – 400 021 Bandra (E ), Mumbai – 400 051 Tel: + 91 22 4322 1375, Fax: + 91 22 2285 0785 Tel: +91 22 4084 5000 E-mail: [email protected] Fax: +91 22 4084 5007 Contact Person: Mr Anurag Singh E-mail : [email protected] India Infoline Limited Contact Person: Mr. Pranav Inamdar IIFL Centre, Kamala City, Senapati Bapat Marg, Yes Securities (India) Limited Lower Parel (West), Mumbai - 400 013 IFC, Tower 1& 2, Unit No. 602 A, 6th Floor, Senapati Bapat Marg, Elphinstone Tel : + 91 22 4249 9000, Fax : + 91 22 2495 4313 Road, Mumbai – 400 013 E-mail: [email protected] Tel: +91 22 3347 9688 Contact Person: Mr Prasad Umarale Fax: +91 22 2421 4511 Integrated Enterprises (India) Limited E-mail: [email protected] 15, 1st Floor, Modern House, Dr. V. B. Gandhi Marg, Fort, Mumbai – 400 023 Contact Person: Mr. Sanjeeb Das Tel: +91 22 4066 1800, Fax: +91 22 2287 4676 COMPANY SECRETARY AND COMPLIANCE OFFICER Email: [email protected] Contact Person: Mr V Krishnan Name : Mr. Sandeep Lakhotia Designation : Company Secretary |* ` + Address : ‘Vishwakarma’, 86C, Topsia Road (South), Kolkata - 700 046 2,3 & 4, Kamanwala Chambers, Gr Floor, Sir. P M Road, Fort, Mumbai-400 001 Telephone : +91 33 6160 7734 Tel: +91 22 6136 6400, Fax: +91 22 2266 5902 Fax : +91 33 2285 8501 / U \ Y\ \ Y\ \ Toll Free no. : 1800 419 7734 Contact Person: Mr Surajit Misra/ Mr. Deepak Vaidya E-Mail : [email protected] Website : www.srei.com SREI INFRASTRUCTURE FINANCE LIMITED 5 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
STATUTORY AUDITORS REFUND BANK > . { ( ++ ( ( X . + Chartered Accountants Capital Market Division Usha Kiran Building, Flat No. 4A 1st Floor, 122 Mistry Bhavan Backbay Reclamation 4th Floor, 12A, Camac Street, Kolkata – 700 017 Churchgate, Mumbai - 400 020, India Tel: (+91 33) 3201 6298, Tel: +91 22 2285 9932 Fax: (+91 33) 22264140 Fax: +91 22 2261 1138 Website: www.dhc.co.in Contact Person: Mr. Rishav Bagrecha Firm registration no: 103523W Website: www.icicibank.com SEBI Reg. No.: INBI00000004 CREDIT RATING AGENCY SELF CERTIFIED SYNDICATE BANKS X . . # + 3rd Floor, Raj Alkaa Park The banks which are registered with SEBI under Securities and Exchange Board 29/3 & 32/2 Kalena Agrahara, of India (Bankers to an Issue) Regulations, 1994 and offer services in relation to Bannerghatta Road, Bengaluru – 560076 ASBA, including blocking of an ASBA Account, a list of which is available on Tel: (+91 80) 4040 9940 http://www.sebi.gov.in or at such other website as may be prescribed by SEBI Fax: (+91 80) 4040 9941 from time to time. E-mail: [email protected] TABLE OF CONTENTS Page no LEGAL ADVISOR TO THE ISSUE OBJECTS OF THE ISSUE 7 Khaitan & Co LLP Emerald House ISSUE PROCEDURE 7 "$ - # - ' " Tel: (+91 33)2248 7000 PAYMENT INSTRUCTIONS 14 Fax: (+91 33) 2248 7656 E-mail: [email protected] OTHER INSTRUCTIONS 22 = (#$j ($++=( $) X")v ! X")v=# $ >= = DETAILS PERTAINING TO THE COMPANY 24 "z X . + LEGAL AND OTHER INFORMATION 32 Kolkata Main Branch 7, Shakespeare Sarani, Kolkata - 700071, India RISK FACTORS 38 Tel: +91 33 2289 2933(Ext-115/9836437700) Fax: +91 33 2282 7611 DECLARATION 40 Contact Person: Mr Saurav Bhattacharyya/Ms. Souma Hall CENTERS FOR AVAILABILITY AND ACCEPTANCE Website: www.axisbank.com OF APPLICATION FORMS 41 SEBI Reg. No. : IN-DP-NSDL-49-98/ IN-DP-179-2002 LIST OF SELF CERTIFICED SYNDICATE BANKS 48 >J`( X . + (SCSBS) UNDER THE ASBA PROCESS 5 & - \ rd Opp. : Crompton Greaves Ltd. DISCLAIMER Next to Kanjurmarg Railway Station, Kanjurmarg East PARTICIPATION BY ANY OF THE INVESTOR CLASSES IN THIS ISSUE Mumbai - 400 042, India WILL BE SUBJECT TO APPLICABLE STATUTORY AND/OR REGULATORY Tel: +91 22 3075 2927, Fax: +91 22 2579 9801/809 REQUIREMENTS. APPLICANTS ARE ADVISED TO ENSURE THAT Contact Person: Mr Uday Dixit APPLICATIONS MADE BY THEM DO NOT EXCEED THE INVESTMENT Website: www.hdfcbank.com LIMITS OR MAXIMUM NUMBER OF NCDS THAT CAN BE HELD BY SEBI Reg. No. : INBI00000063 THEM UNDER APPLICABLE STATUTORY AND/ OR REGULATORY ( ( X . + PROVISIONS. APPLICANTS ARE ADVISED TO ENSURE THAT THEY Capital Market Division, 1st Floor, 122 Mistry Bhavan HAVE OBTAINED THE NECESSARY STATUTORY AND/OR REGULATORY Backbay Reclamation, Churchgate, Mumbai - 400 020, India PERMISSIONS/CONSENTS/APPROVALS IN CONNECTION WITH Tel: +91 22 2285 9932, Fax: +91 22 2261 1138 APPLYING FOR, SUBSCRIBING TO, OR SEEKING ALLOTMENT OF NCDS Contact Person: Mr Rishav Bagrecha PURSUANT TO THE ISSUE. Website: www.icicibank.com For details pertaining to eligible investors please refer to page no. 56 of Tranche SEBI Reg. No. : INBI00000004 1 Prospectus. X . + 4th Floor PNA House Street No – 17, Plot No-57, MIDC, Andheri East, Mumbai – 400 093 Tel: +91 22 6106 9234 Fax: +9122 6623 8021 Contact Person: Suresh Esaki Website: www.indusind.com SEBI Reg. No. : INBI00000002
6 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
OBJECTS OF THE TRANCHE 1 ISSUE Variation in terms of contract or objects in Prospectus Our Company shall not, in terms of Section 27 of the 2013 Act, at any time, vary the - & " # terms of a contract referred to in the Shelf Prospectus or objects for which the Shelf Redeemable Non-Convertible Debentures aggregating upto ` 10,000 million (“Shelf Prospectus is issued, except subject to the approval of, or except subject to an authority Limit”). This Tranche 1 Issue is for an amount of ` 2,500 million (“Base Issue size”) given by the Shareholders in general meeting by way of special resolution and after with an option to retain oversubscription upto the Shelf Limit, i.e. upto `10,000 million. abiding by all the formalities prescribed in Section 27 of the Companies Act, 2013 and The details of the Net Proceeds are set forth in the following table: applicable SEBI Regulations. (` in million) Tranche 1 Issue related expenses Sr. Description Amount The expenses of this Tranche 1 Issue include, among others, fees for the Lead Managers, No. printing and distribution expenses, legal fees, advertisement expenses and listing fees. The estimated Issue expenses for the Tranche 1 Issue are as follows: 1 Gross proceeds of the Tranche 1 Issue (upto Shelf Limit) 10,000 (` In million) 2 Tranche 1 Issue related expenses 280 3 Net Proceeds of the Tranche 1 Issue (upto Shelf Limit) 9,720 " Tranche As a % of The Net Proceeds raised through the Tranche 1 Issue will be utilized for following 1 Issue Tranche 1 activities in the ratio provided as below: Expenses Issue size I. For the purpose of lending/ repayment of loan - minimum 75% of the Net Lead Managers Fee, Selling and 245.00 2.45% Proceeds of the Tranche 1 Issue. Brokerage Commission, SCSB II. For General Corporate Purposes – up to 25% of the Net Proceeds of the Tranche Processing Fee 1 Issue. The unutilized amount if any will be used for purpose of lending/ Advertising and Marketing Expenses 10.00 0.10% repayment of loan. Printing and Stationery 10.00 0.10% The main objects clause of the Memorandum of Association of our Company permits our Company to undertake its existing activities as well as the activities for which the Others (Debenture Trustee Fees, 15.00 0.15% funds are being raised through this Tranche 1 Issue. Registrar Fee, Credit Rating Fee, Legal Fees, Stamp Duty & Registration Further, in accordance with the Debt Regulations, our Company will not utilize the proceeds of the Tranche 1 Issue for providing loans to or acquisition of shares of any expense etc.) person or company who is a part of the same group as our Company or who is under the Total 280.00 2.80% same management as our Company or any subsidiary of our Company. No part of the The above expenses are indicative in nature and are subject to change depending on the proceeds from this Tranche 1 Issue will be paid by us as consideration to our Promoter, actual level of subscription to the Issue and the number of Allottees, market conditions our Directors or KMPs or companies promoted by our Promoter nor will any interest and such other relevant factors. out of the proceeds from this Tranche 1 Issue accrue to our Promoter, our Directors or SCSBs would be entitled to a processing fee of `15/- per Application Form for KMPs. processing the Application Forms procured by the Members of Syndicate or registered The Tranche 1 Issue proceeds shall not be utilized towards full or part consideration brokers and submitted to SCSB. for the purchase or any other acquisition, inter alia by way of a lease, of any immovable Interim Use of Proceeds property. The Tranche 1 Issue proceeds shall not be used for buying, trading or The management of our Company, in accordance with the policies formulated by it otherwise dealing in equity shares of any other listed company. \ Our Company shall not use the Tranche 1 Issue proceeds for the purchase of any Tranche 1 Issue. Pending utilization of the proceeds out of the Tranche 1 Issue for business or purchase of any interest in any business whereby the Company becomes the purposes described above, our Company intends to temporarily invest funds in high quality interest bearing liquid instruments including money market mutual funds, exceeding 50 per cent thereof deposits with banks or temporarily deploy the funds in investment grade interest Further, the Company undertakes that Tranche 1 Issue proceeds from NCDs allotted bearing securities as may be approved by the Board. Such investment would be in to banks shall not be used for any purpose which may be in contravention of the RBI accordance with the investment policies approved by the Board or any committee $& thereof from time to time. as capital market exposure or any other sectors that are prohibited under the RBI Monitoring of Utilization of Funds regulations. There is no requirement for appointment of a monitoring agency in terms of the Debt The fund requirement as above is based on our current business plan and is subject Regulations as amended. Our Board shall monitor the utilization of the proceeds of the " ! condition, business or strategy. Our management, in response to the competitive and X " " & ! dynamic nature of the industry, will have the discretion to revise its business plan from utilization of the net proceeds of the Tranche 1 Issue under a separate head along with time to time and consequently our funding requirements and deployment of funds may details, if any, in relation to all such proceeds of the Tranche 1 Issue that have not been also change. utilized thereby also indicating investments, if any, of such unutilized proceeds of the ` ?* [ Tranche 1 Issue. N.A. The summary of the project appraisal report (if any) ISSUE PROCEDURE N.A. Procedure for Application The Schedule of implementation of the project i. " " ` N.A. Physical copies of the abridged Shelf Prospectus containing the salient features General Corporate Purposes of the Shelf Prospectus, the Tranche 1 Prospectus together with Application Our Company intends to deploy up to 25% of the amount raised and allotted in the Forms may be obtained from: Tranche 1 Issue for general corporate purposes, including but not restricted to routine - & R % - & - ^ capital expenditure, renovations, strategic initiatives, partnerships, meeting any - 5 X 5 $ ^ expenditure in relation to our Company as well as meeting exigencies which our c) Trading Members; and Company may face in the ordinary course of business, or any other purposes as may be approved by the Board of Directors. d) Designated Branches of the SCSBs.
SREI INFRASTRUCTURE FINANCE LIMITED 7 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS Electronic Application Forms may be available for download on the websites of Foreign nationals, NRI 6 including any NRIs who are (i) based in the the Stock Exchanges and on the websites of the SCSBs that permit submission of USA, and/or, (ii) domiciled in the USA, and/or, (iii) residents/citizens of the ASBA Applications electronically. A unique application number (“UAN”) will USA, and/or, (iv) subject to any taxation laws of the USA; be generated for every Application Form downloaded from the websites of the Persons resident outside India including without limitation Foreign Institutional Stock Exchanges. Our Company may also provide Application Forms for being # - Corporate Bodies; having online demat account portals may also provide a facility of submitting Persons ineligible to contract under applicable statutory/regulatory requirements the Application Forms virtually online to their account holders. and Trading Members of the Stock Exchanges can download Application Forms Any category of investor other than the Investors mentioned in categories I, II and from the websites of the Stock Exchanges. Further, Application Forms will be III*Applicant shall ensure that guardian is competent to contract under Indian provided to Trading Members of the Stock Exchanges at their request. Contract Act, 1872 On a request being made by any Applicant before the Tranche 1 Issue Closing " " z Date, physical copies of the Shelf Prospectus, the Tranche 1 Prospectus z )(J and Application Form can be obtained from the Company’s Registered and & - 5 X / " the Shelf Prospectus and Tranche 1 Prospectus will be available on the websites ! ! ! of the Lead Managers, the Designated Stock Exchange, SEBI and the SCSBs . )(J 9 ii. Who can Apply 5 X The following categories of persons are eligible to apply in the Tranche 1 Issue: subscribe in the Tranche 1 Issue. Category I (Institutional Category) - & " # 5 X commercial banks, co-operative banks Indian multilateral and bilateral in applicable laws or regulations, which may occur after the date of the Tranche 1 Prospectus. authorized to invest in the NCDs; Applications by certain categories of Applicants 2. Provident funds, pension funds, superannuation funds and gratuity fund, Applications by Mutual Funds which are authorized to invest in the NCDs; No mutual fund scheme shall invest more than 10% of its NAV in debt instruments 3. Venture capital funds and / or Alternative investment funds registered issued by a single Company which are rated not below investment grade by a credit with SEBI; rating agency authorised to carry out such activity. Such investment limit may be 4. Insurance companies registered with the IRDA; extended to 12% of the NAV of the scheme with the prior approval of the Board of 5. Insurance funds set up and managed by the army, navy, or air force of the Trustees and the Board of Asset Management Company. Union of India; A separate Application can be made in respect of each scheme of an Indian mutual 6. Insurance funds set up and managed by the Department of Posts, the fund registered with SEBI and such Applications shall not be treated as multiple Union of India; Applications. Applications made by the AMCs or custodians of a Mutual Fund shall clearly indicate the name of the concerned scheme for which Application is being made. 7. National investment fund set up by resolution no. F. No. 2/3/2005- DDII ] X /$ dated November 23, 2005 of the Government of India published in the /$ ] Gazette of India; ] 7 /$ % 8. State industrial development corporations; and & 7 9. Mutual funds. operating instructions and (iii) specimen signatures of authorized signatories. Failing Category II (Non-Institutional Category) this, our Company reserves the right to accept or reject any Application in whole or in 1. Companies within the meaning of section 2(20) of the Companies Act, part, in either case, without assigning any reason there for. 2013; statutory bodies/ corporations and societies registered under the " X . ( < X . # # X . applicable laws in India and authorized to invest in the NCDs; Scheduled Banks, Co-operative banks and Regional Rural Banks can apply in this 2. Trusts including Public/private charitable/religious trusts which are public issue based upon their own investment limits and approvals. The Application authorized to invest in the NCDs; 7 $ % investments; (ii) Letter of Authorisation. Failing this, our Company reserves the right to invest in the NCDs; to accept or reject any Application in whole or in part, in either case, without assigning # ^ any reason there for. =X ( ( #!(`J!J +!9!;9 | ;9 5. Limited liability partnerships formed and registered under the provisions ( X . " X" of the Limited Liability Partnership Act, 2008 (No. 6 of 2009); =X ( X 6. Association of Persons; and ` . 7. Any other incorporated and/ or unincorporated body of persons ( ? ( [ ASBA applications. 1. Resident Indian individuals; and Application by Insurance Companies 2. Hindu undivided families through the karta. In case of Applications made by insurance companies registered with the Insurance Note: Participation of any of the aforementioned categories of persons or entities is % | ] P J ! U issued by Insurance Regulatory and Development Authority must be lodged along ) ! " $ ] ] Applicants are advised to ensure that they have obtained the necessary statutory (i) Memorandum and Articles of Association (ii) Power of Attorney (iii) Resolution J ! J J ; ! " authorising investment and containing operating instructions (iv) Specimen signatures ! ! " 4 A / ) $ of authorized signatories. Failing this, our Company reserves the right to accept or reject any Application in whole or in part, in either case, without assigning any reason Applications cannot be made by: there for. Minors without a guardian name *;
8 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS " " ` operating instructions (Resolution); (iv) Specimen signature of authorized person. Applications made by an Alternative Investments Fund eligible to invest in accordance Applications under Power of Attorney or by limited companies, corporate, trust with the Securities and Exchange Board of India (Alternate Investment Funds) etc. % " ] &| In case of Applications made pursuant to a power of attorney by Category I and U 7 /$ ] ^ 7 Category II Applicants being Institutional and Non Institutional Category Applicants, a a resolution authorising the investment and containing operating instructions; and (iii) specimen signatures of authorised persons. Failing this, our Company reserves the right X ] ] to accept or reject any Applications from an Alternative Investment Fund in whole or in Association and/or bye laws must be lodged along with the Application Form, failing part, in either case, without assigning any reason thereof. this, our Company reserves the right to accept or reject any Application in whole or in Alternative Investment Funds applying for Allotment of the NCDs shall at all times part, in either case, without assigning any reason there for. /$ In case of Investments made pursuant to a power of attorney by Category III Applicants the Securities and Exchange Board of India (Alternate Investment Funds) Regulations, & ] 2012. lodged along with the Application Form. " J ( ] $] ] Applications made by state industrial development corporations for Allotment of the the power of attorney must be lodged along with the Application Form. Failing this, &| U 7 ] our Company, in consultation with the Lead Managers reserves the right to reject such the such state industrial development corporation is incorporated and its constitutional Applications. documents; (ii) a resolution of the board of directors of such state industrial development Brokers having online demat account portals may also provide a facility of submitting corporation authorising investments; and (iii) specimen signature of authorized persons. the Application Forms (ASBA as well as Non-ASBA Applications) virtually online to Failing this, our Company reserves the right to accept or reject any Applications from their account holders. Under this facility, a broker receives an online instruction through such state industrial development corporation for Allotment of the NCDs in whole or in its portal from the Applicant for making an Application on his/ her behalf. Based on part, in either case, without assigning any reason therefor. such instruction, and a Power of Attorney granted by the Applicant to authorise the Applications by Trusts broker, the broker makes an Application on behalf of the Applicant. In case of Applications made by trusts, settled under the Indian Trusts Act, 1882, as Our Company, in its absolute discretion, reserves the right to relax the above condition amended, or any other statutory and/or regulatory provision governing the settlement of attaching the power of attorney along with the Application Form subject to such 7 & 5 X creation of such trust, (ii) Power of Attorney, if any, in favour of one or more trustees " thereof, (iii) such other documents evidencing registration thereof under applicable )(J statutory/regulatory requirements. Further, any trusts applying for NCDs pursuant to Applications by provident funds, resident pension funds, superannuation funds and the Issue must ensure that (a) they are authorised under applicable statutory/regulatory gratuity funds which are authorised to invest in the NCDs, for Allotment of the NCDs requirements and their constitution instrument to hold and invest in debentures, (b) U 7 ] they have obtained all necessary approvals, consents or other authorisations, which under which they are incorporated; (ii) a power of attorney, if any, in favour of one may be required under applicable statutory and/or regulatory requirements to invest in or more trustees thereof, (ii) a board resolution authorising investments; (iii) such debentures, and (c) Applications made by them do not exceed the investment limits or other documents evidencing registration thereof under applicable statutory/regulatory maximum number of NCDs that can be held by them under applicable statutory and or ! ^ 7 ^ 7 regulatory provisions. Failing this, our Company reserves the right to accept or reject the registered instrument for creation of such fund/trust; and (vi) any tax exemption any Applications in whole or in part, in either case, without assigning any reason there & ] &$| " 7" right to accept or reject any Applications for Allotment of the NCDs in physical form in ] % " " & Z whole or in part, in either case, without assigning any reason therefor has inserted a the new clause (viii) in Rule 17C Income-tax Rules, 1962 to provide that O " ) ` with Reserve Bank of India is also a prescribed mode of investment or deposits by Application made by a National Investment Funds for Allotment of the NCDs in physical charitable/religious trust under Section 11(5)(xii) of the Income Tax Act, 1961. U 7 Applications by Public Financial Institutions, Statutory Corporations, which are investment and containing operating instructions; and (ii) specimen signatures of )(J authorized persons. Failing this, our Company reserves the right to accept or reject any Applications for Allotment of the NCDs in physical form in whole or in part, in either ] U 7 ] ] % case, without assigning any reason therefore. under which they are incorporated; (ii) Board Resolution authorising investments; and (iii) Specimen signature of authorized person. APPLICATIONS FOR ALLOTMENT OF NCDs IN THE PHYSICAL Companies, bodies corporate and societies registered under the applicable laws AND DEMATERIALIZED FORM in India Submission of Application Form ] U 7 ] ] % under which they are incorporated; (ii) Board Resolution authorising investments; and i. Applications for allotment of physical NCDs by Non-ASBA Applicants (iii) Specimen signature of authorized person. All Applicants who intend to apply for NCDs in physical form, should submit ! the Application Forms duly completed and accompanied by account payee )(J cheques / drafts and the Know Your Customer (“KYC”) documents shall be ] U 7 ] ] % submitted with the Members of the Syndicate, Trading Members of the Stock under which they are incorporated; (ii) Board Resolution authorising investments; and Exchanges. The cheque/bank draft can be drawn on any bank, including a co- (iii) Specimen signature of authorized person. operative bank which is situated at and is member or sub-member of the bankers’ clearing-house located at the place where the Application Form is submitted, i.e. at designated collection centres of the Banker to the Issue. Outstation cheques + + /bank drafts drawn on banks not participating in the clearing process will not the Limited Liability Partnership Act, 2008 (No. 6 of 2009) be accepted and Applications accompanied by such cheques or bank drafts are ] U 7 # liable to be rejected and the Escrow Collection Banks shall not be responsible Deed; (ii) Any documents evidencing registration thereof under applicable statutory/ for such rejections. Payment though Stockinvest would also not be allowed regulatory requirements; (iii) Resolution authorizing investment and containing as the same has been discontinued by the RBI vide |$-|
SREI INFRASTRUCTURE FINANCE LIMITED 9 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS NO.FSC.BC.42/24.47.001/2003-04 dated November 5, 2003. Cash/Stockinvest/ Stock Exchanges) along with the cheque/ bank draft and the KYC Documents to Money Orders/Postal Orders will not be accepted. In case payment is effected the Escrow Collecting Bank(s). in contravention of conditions mentioned herein, the Application is liable to be The Members of the Syndicate/ Trading Members of the Stock Exchanges are rejected and Application Amount will be refunded and no interest will be paid required to ensure that the Applicants are competent to contract under the Indian thereon. A separate cheque / bank draft must accompany each Application Form. Contract Act, 1872 including minors applying through guardian. No cash payments shall be accepted. In absence of the cancelled cheque, the Issuer may reject the Application or it may " " J consider the bank details as given on the Application Form at its sole discretion. Application Form shall be Allotted the NCDs in dematerialised form only, In such case the Issuer, Lead Managers, and Registrar shall not be liable for any " } delays / errors in payment of refund and/or interests. Allotment in physical form. Such Applicant shall not be Allotted NCDs in % ] physical form. address provided in the Application. In case KYC documents are not proper, All cheques / bank drafts accompanying the Applications made by eligible % '& Applicants should be crossed “A/c Payee only” and must be made payable to documents from the Applicant. “SIFL NCD VIII 2016 - Escrow Account” . * * . KYC Documents to be submitted by Non-ASBA Applicants who are applying for Exchanges shall ensure they shall accept Application Forms only in such NCDs in the Physical Form ! . ?= X . [ J = X . " ` 7 ^ } ! ) " X" " ] shall be deposited by the Members of the Syndicate and Trading Members U . =z Passport; " . Voter’s ID; websites in the Application Form as well. Driving Licence; A. ASBA Applications Government ID Card; Procedure for Application through the Members of the Syndicate/ Trading Defence ID Card; Members of the Stock Exchanges using the Applications Supported by Blocked Photo PAN Card Amount (“ASBA”) facility and Applications through SCSBs using ASBA Photo Ration Card. facility b. Self-attested copy of the PAN card; This section is for the information of the Applicants proposing to subscribe to the c. Self-attested copy of the proof of residence; Tranche 1 Issue through the ASBA Process (“" X" ”). Please note that Application through ASBA is optional for all categories of Applicants. The Lead ] X & residence: or changes in applicable laws or regulations, which may occur after the date of ration card issued by the GoI; the Tranche 1 Prospectus. ASBA Investors are advised to make their independent valid driving license issued by any transport authority of the Republic of ] India; $ ( electricity bill (not older than three months); + * # landline telephone bill (not older than three months); . . valid passport issued by the GoI; commissions etc. in relation to Applications accepted by SCSBs, Applications ]]|_]% & 5 } ! ] uploaded by SCSBs, Applications accepted but not uploaded by SCSBs or India (“UIDAI”); " . " X" Accounts. It shall be presumed that for Applications uploaded by SCSBs, voter’s Identity Card issued by the GoI; " . " X" passbook or latest bank statement issued by a bank operating in India; Account. registered leave and license agreement or registered agreement for sale or /$ & $ \ ^ ASBA Process is provided on http://www.sebi.gov.in. For details on Designated Life insurance policy. Branches of SCSBs collecting the Application Form, please refer the above d. Self-attested copy of a cancelled cheque of the bank account to which the mentioned SEBI link. amounts pertaining to payment of refunds, interest, as applicable, should be ASBA Applicants applying through a Member of the Syndicate should ensure credited. that the Application Form is submitted to a member of the Syndicate only in the The Applicant shall be responsible for providing the above information & ] $] ] ] accurately. Delays or failure in credit of the payments due to inaccurate details X & shall be at the sole risk of the Applicants and neither the Lead Managers nor our & $ ] $] ] ] Company shall have any responsibility and undertake any liability for the same. Form, is maintained has not named at least one branch at that location for the Applications for Allotment of the NCDs in physical form, which are not Syndicate to deposit the Application Form from ASBA Applicants (A list of accompanied with the afore stated documents, may be rejected at the sole such branches is available at http://www.sebi.gov.in. ASBA Applicants Applying discretion of our Company. directly through the SCSBs should ensure that the Application Form is submitted The Members of the Syndicate/ Trading Members of the Stock Exchanges shall to a Designated Branch, of a SCSB where the ASBA Account is maintained (A on receipt of the completed Application Form along with the KYC Documents list of such branches is available at http://www.sebi.gov.in). and the cheque/ draft, provide an acknowledgment of the Application to the ] ] $] ] ] '& ] in physical Application Form will have to select the ASBA mechanism in along with the Application, the Members of the Syndicate/ Trading Members ] ] of the Stock Exchanges shall upload all such details of the Applicant that is Form containing instructions to SCSB to block the Application Amount shall required for the purpose of allotment based on the Application Form on the be submitted to the designated branches of the SCSBs. The ASBA Applications online platform of the Stock Exchanges. The Members of the Syndicate/ Trading can also be submitted with the Member of the Syndicate at the Syndicate ASBA Members of the Stock Exchanges shall thereafter submit the physical Application & 7 & X Form (duly stamped by such Members of the Syndicate/ Trading Members of the Exchanges, who shall in turn upload all such details of the Applicant that is
10 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS required for the purpose of allotment based on the ASBA Application Form on ] ] the Platform of the Stock Exchanges and forward the same to the SCSBs, in may download Application Forms and submit the completed Application Forms together accordance with the circulars issued by SEBI in this regard from time to time. with cheques/ demand drafts to the Lead Manager, Lead Broker, sub-broker or Trading The Members of Syndicate and Trading Members of the Stock Exchanges shall Member of the Stock Exchanges at the centres mentioned in the Application Form. accept ASBA Applications only at the Syndicate ASBA Centres and should On submission of the complete Application Form, the relevant Lead Manager, Lead ensure that they verify the details about the ASBA Account and relevant SCSB Broker, sub-broker or Trading Member of the Stock Exchanges, as the case maybe, will prior to accepting the Application Form. upload the Application Form on the electronic system provided by the Stock Exchanges, Care should be taken that such Application Forms should bear the stamp of and once an Application Form has been uploaded, issue an acknowledgement of such the relevant SCSB, Members of the Syndicate or trading members of the Stock upload by stamping the acknowledgement slip attached to the Application Form Exchanges, otherwise they will be rejected. with the relevant date and time and return the same to the Applicant. Thereafter, the ASBA Application in electronic mode will only be available with such SCSBs Application Form together with the cheque or bank draft shall be forwarded to the who provide such facility. In case of Application in such electronic form, the Escrow Collection Banks for realization and further processing. ASBA Applicant shall submit the Application Form with instruction to block the The duly stamped acknowledgment slip will serve as a duplicate Application Form for Application amount either through the internet banking facility available with the the records of the Applicant. The Applicant must preserve the acknowledgment slip and SCSB, or such other electronically enabled mechanism for applying and blocking provide the same in connection with: funds in the ASBA Account held with SCSB, as would be made available by the a. any cancellation/ withdrawal of their Application; concerned SCSB. b. queries in connection with allotment and/ or refund(s) of NCDs; and/or In case of ASBA Application in physical mode, the ASBA Applicant shall c. all investor grievances/ complaints in connection with the Tranche 1 Issue. submit the Application Form at the relevant Designated Branch of the SCSB. Submission of Direct Online Applications | $ ! ] Amount are available in the ASBA Account, as mentioned in the ASBA the requisite infrastructure and facilities in relation to direct online applications and Application, prior to uploading such ASBA Application into the bidding platform online payment facility will be as per the Stock Exchanges and the Stock Exchanges 7 ] $] Account, the respective Designated Branch shall reject such ASBA Application and facilities for the same has been implemented by the Stock Exchanges. Hence, and shall not upload such ASBA Application in the bidding platform of the the Direct Online Application facility will not be available for this Tranche 1 Issue. 7 ] $] ] Designated Branch shall block an amount equivalent to the Application Amount Relevant “know your customer” details of such Applicants will be validated online and upload details of the ASBA Application in the bidding platform of the stock from the Depositories, on the basis of the DP ID and Client ID provided by them in exchange(s). The Designated Branch of the SCSBs shall stamp the Application the Application Form. On successful submission of a Direct Online Application, the Form. ] }] X on credit of the requisite Application Amount paid through the online payment facility Applications are liable to be rejected, wherein the SCSBs are not able to block with the Direct Online Application. On Allotment, the Registrar to the Issue shall the funds for Application Forms which have been uploaded by the Member of &| ] the Syndicate or Trading Members of the Stock Exchange(s) due to any reason. refund amount shall be credited directly to the Applicant’s bank account. Applicants ASBA Applicants must note that: applying through the Direct Online Application facility must preserve their UAN and (a) Physical Application Forms will be available with the Designated Branches of quote their UAN in: (a) any cancellation/withdrawal of their Application; (b) in queries the SCSBs and with the Members of the Syndicate or Trading Members of the in connection with Allotment of NCDs and/or refund(s); and/or (c) in all investor 7 & ^ ] grievances/complaints in connection with the Tranche 1 Issue. be available on the websites of the SCSBs and the stock exchange(s) at least one As per Circular No. CIR./IMD/DF-1/20/2012 dated July 27, 2012 issued by SEBI, day prior to the Issue Opening Date. The Application Forms would be serially the availability of the Direct Online Applications facility is subject to the Stock numbered. Further, the SCSBs shall ensure that the abridged Prospectus is made Exchanges putting in place the necessary systems and infrastructure, and accordingly available on their websites. \ The Designated Branches of the SCSBs shall accept ASBA Applications directly from ASBA Applicants only during the Issue Period. The SCSB shall not accept by the Stock Exchanges and/or SEBI. any ASBA Applications directly from ASBA Applicants after the closing time of acceptance of Applications on the Issue Closing Date. However, in case of INSTRUCTIONS FOR FILLING-UP THE APPLICATION FORM ] $] & $ & accept ASBA Applications from the Members of the Syndicate or Trading General Instructions Members of the stock exchange(s), as the case may be, after the closing time of Applications to be made in prescribed form only; acceptance of Applications on the Issue Closing Date. For further information on The forms to be completed in block letters in English; the Issue programme, please refer to “General Information” on page 21 of the / | # $ ] Tranche 1 Prospectus. in the Applications for seeking allotment of NCDs in dematerialised mode are In case of Applications through Syndicate ASBA, the physical Application correct, as allotment of NCDs to these Applicants will be in the dematerialized Form shall bear the stamp of the Members of the Syndicate or Trading Members form only; of the stock exchange(s), as the case maybe, if not, the same shall be rejected. Application Forms submitted directly to the SCSBs should bear the stamp of the In case of an HUF applying through its Karta, the Applicant is required to SCSBs, if not, the same are liable to be rejected. specify the name of an Applicant in the Application Form as ‘XYZ Hindu Undivided Family applying through PQR’, where PQR is the name of the Karta; Submission of Non-ASBA Applications (Other than Direct Online Applications) ] ] Information provided by the Applicants in the Application Form will be uploaded bearing the stamp of the relevant Lead Manager, Lead Broker, sub-broker or Trading on to the Platform of the Stock Exchanges by the Members of the Syndicate, Member of the Stock Exchanges, as the case maybe, from whom such Application Form Trading Members of the Stock Exchanges as the case may be, and the electronic is obtained. Such Application Form must be submitted to the relevant Lead Manager, data will be used to make allocation/ Allotment. The Applicants should ensure Lead Broker, sub-broker or Trading Member of the Stock Exchanges, as the case that the details are correct and legible; maybe, at the centres mentioned in the Application Form along with the cheque or bank Thumb impressions and signatures other than in English/Hindi/Gujarati/ draft for the Application Amount, before the closure of the Issue Period. Applicants X & must use only CTS compliant instruments and refrain from using NON-CTS 2010 needs to be attested by a Magistrate or Notary Public or a Special Executive instruments for payment of the Application Amount. The Stock Exchanges may also
SREI INFRASTRUCTURE FINANCE LIMITED 11 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
Magistrate under his/her seal; Depository Account details in the Application Form. Applicants are advised to update their Demographic Details such as address, PAN and bank account details such as Ensure that the Applications are submitted to the Members of the Syndicate and Trading Members on a timely manner on the Issue Closing Date so that the account number, ISFC, MICR code etc. with their Depository Participants and ensure details can be uploaded before the closure of the bidding period; that they are true and correct. These Demographic Details would be used for all correspondence with the Applicants Ensure that you mention your PAN in the Application Form. In case of joint Applicants, the PAN of all the Applicants should be provided, and for HUFs, including mailing of the refund orders/ Allotment Advice and printing of bank PAN of the HUF should be provided. Any Application Form without the PAN particulars on the refund/interest order and the Category. PAN of Applicants and the is liable to be rejected. In case of Applications for Allotment in physical form, Demographic Details given by Applicant in the Application Form would not be used for ] #] these purposes by the Registrar. KYC documents. Applicants should not submit the GIR Number instead of the Refund orders/Allotment Advice would be mailed at the address of the Applicant as PAN as the Application is liable to be rejected on this ground;; per the Demographic Details received from the Depositories. Applicant may note that delivery of Refund orders/Allotment Advice may get delayed if the same once sent to Applicants (other than those applying for Allotment of NCDs in physical form) the address obtained from the Depositories are returned undelivered. In such an event, should correctly mention their DP ID and Client ID in the Application Form. For the address and other details given by the Applicant in the Application Form would be the purpose of evaluating the validity of Applications, the Demographic Details used only to ensure dispatch of refund orders. Please note that any such delay shall be at of Applicants shall be derived from the DP ID and Client ID mentioned in the the Applicant’s sole risk and neither we nor the Lead Managers or the Registrars shall Application Form; be liable to compensate the Applicant for any losses caused to the Applicant due to any Applicants applying for Allotment of NCDs in physical form should submit the such delay or liable to pay any interest for such delay. KYC documents as mentioned above; However in case of Applications made under power of attorney, our Company in its Ensure that you request for and receive a TRS for all your Applications and an absolute discretion, reserves the right to permit the holder of Power of Attorney to acknowledgement as a proof of having been accepted; request the Registrar that for the purpose of printing particulars on the refund order and All Applicants are required to tick the relevant column of “Category of Investor” mailing of Refund orders /Allotment Advice, the demographic details obtained from the in the Application Form; Depository of the Applicant shall be used. All Applicants are required to tick the relevant box of the “Mode of Application” In case no corresponding record is available with the Depositories that matches three in the Application Form choosing either ASBA or Non-ASBA mechanism; parameters, (a) names of the Applicants (including the order of names of joint holders), 7 |# | 7 ] All Applicants applying through Non-ASBA mechanism shall mention the ] ] R to be rejected. reverse side of the cheque and demand draft; Permanent Account Number / ] ^ The Applicant should mention his or her Permanent Account Number (PAN) allotted under the IT Act (Except for Applications on behalf of the Central or State Government All Application Forms (except in case of Application Forms through ASBA mechanism) duly completed together with cheque/bank draft for the amount /$ payable on Application must be delivered before the closing of the subscription June 30, 2008 and Applicants residing in the state of Sikkim who in terms of a SEBI list to any of the Members of the Syndicate and Trading Members of the Stock circular dated July 20, 2006 may be exempt from specifying their PAN for transacting Exchanges, who shall upload the same on the Platform of the Stock Exchanges in the securities market). In accordance with Circular No. MRD/DOP/Cir-05/2007 before the closure of the Tranche 1 Issue; and ] /$ #] for the participants transacting in the securities market, irrespective of the amount of No receipt will be issued for the Application Amount. However, Bankers to the transaction. For minor Applicants applying through the guardian, it is mandatory to Issue and/or their branches receiving the Applications will acknowledge the mention the PAN of minor Applicant. Any Application Form, without the PAN is liable same; \ " R X . " J the Applicants should not submit the GIR number instead of the PAN as the Application The Registrar to the Issue will obtain the Applicant’s bank account details from the is liable to be rejected on this ground. Depository. The Applicant should note that on the basis of the name of the applicant, A. Joint Applications #] | # R 7|# | # Applications may be made in single or joint names (not exceeding three). If the ] depository account is held in joint names, the Application Form should contain uploaded in platform of the Stock Exchanges, the Registrar to the Issue will obtain the #] Applicant’s bank account details from the Depositories. The Applicants are advised to account and signature of only this person would be required in the Application ensure that bank account details are updated in their respective DP Accounts as these Form. This Applicant would be deemed to have signed on behalf of joint holders bank account details would be printed on the refund order(s) or used for refunding ! ] through electronic mode, as applicable. Please note that failure to do so could result in In the case of joint Applications, all payments will be made out in favour of the delays in credit of refunds to Applicants at the Applicant’s sole risk and neither the Lead ] ] Managers, our Company, the Refund Banker(s) nor the Registrar to the Issue shall have whose name appears in the Application Form and at the address mentioned any responsibility and undertake any liability for the same. therein. Applicant’s Depository Account Details B. " ! * " ALL APPLICANTS WHO HAVE A DEMAT ACCOUNT AND WISH TO An Applicant is allowed to make one or more Applications for the NCDs for the HOLD NCDs IN DEMAT FORM SHOULD MENTION THEIR DEPOSITORY same or other Series of NCDs (as applicable to the category of investors he/she/ PARTICIPANT’S NAME, PAN DETAILS, DEPOSITORY PARTICIPANT it belongs), subject to a minimum Application size of ` 10,000, and in multiples IDENTIFICATION NUMBER AND BENEFICIARY ACCOUNT NUMBER IN of ` 1,000 thereafter, for each Application. Any Application for an amount below THE APPLICATION FORM. the aforesaid minimum Application size will be deemed as an invalid Application Applicant should note that on the basis of name of the applicant, PAN details, and shall be rejected. However, any Application made by any person in his | # R | # individual capacity and an Application made by such person in his capacity as a $ ] ] karta of a Hindu Undivided family and/or as joint applicant, shall not be deemed in the Platform of the Stock Exchanges, the Registrar to the Issue will obtain from the to be a multiple Application. Depository, demographic details of the Applicant such as address, PAN, bank account For the purposes of allotment of NCDs under the Tranche 1 Issue, Applications details for printing on refund orders or used for refunding through electronic mode, as shall be grouped based on the PAN, i.e. Applications under the same PAN shall applicable (“Demographic Details”). _ ] be grouped together and treated as one Application. Two or more Applications
12 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS ] ] has named at least one branch at that location for the Syndicate to deposit the the same. For the sake of clarity, two or more Applications shall be deemed to be Application Form from ASBA Applicants Bidders (A list of such branches is a multiple Application for the aforesaid purpose if the PAN number of the sole or available at http://www.sebi.gov.in). ASBA Applicants Applying directly through ] the SCSBs should ensure that the Application Form is submitted to a Designated Do’s and Don’ts Branch, of a SCSB where the ASBA Account is maintained. Check if eligible to apply; Ensure that the Application Form is also signed by the ASBA Account holder in case the ASBA Applicant is not the account holder; Read all the instructions carefully and complete the Application Form; Ensure that you have mentioned the correct ASBA Account number in the / | # $ ] Application Form; in the Applications for seeking allotment of NCDs in dematerialised mode are correct, as allotment of NCDs to these Applicants will be in the dematerialized Ensure that you have funds equal to or more than the Application Amount in form only; the ASBA Account before submitting the Application Form to the respective Designated Branch, with a Trading Member of the Stock Exchanges or to the In case of an HUF applying through its Karta, the Applicant is required to specify members of the Syndicate; the name of an Applicant in the Application Form as ‘XYZ Hindu Undivided Family applying through PQR’, where PQR is the name of the Karta; Ensure that you have correctly checked the authorisation box in the Application Form, or have otherwise provided an authorisation to the SCSB via the electronic Ensure that the Applications are submitted to the Members of the Syndicate and mode, for blocking funds in the ASBA Account equivalent to the Application Trading Members on a timely manner on the Tranche 1 Issue Closing Date so that Amount mentioned in the Application Form; the details can be uploaded before the closure of the Bidding Period; Ensure that you receive an acknowledgement from the Designated Branch, the Ensure that the Applicant’s name(s) given in the Application Form is exactly the Trading Member of the Stock Exchanges or from the members of the Syndicate, 7 | as the case may be, for the submission of your Application Form; and Participant; In case you are submitting the Application Form to a member of the Syndicate, Ensure that you mention your PAN allotted under the IT Act; & $ ] $] ] Ensure the use of an Application Form bearing the stamp of the relevant SCSB, ] Trading Members of the Stock Exchanges or the Members of the Syndicate Application Forms in the location where the Application Form is being submitted. (except in case of electronic ASBA Applications) to whom the Application is Don’ts: submitted; Do not apply for lower than the minimum Application size; Ensure that you receive an acknowledgement from the Designated Branch, the Trading Member of the Stock Exchanges or from the Members of the Syndicate, Do not pay the Application amount in cash or by money order or by postal order as the case may be, for the submission and upload of your Application Form; or by Stockinvest; Ensure that the Demographic Details are updated, true and correct in all respects | ] &| (except in case where the Application is for NCDs in physical form); Tranche 1 Issue size and/or investment limit applicable to such investor under laws or regulations applicable to such investor or maximum number of NCDs If applying for NCDs in physical form ensure the KYC documents are submitted that can be held under the applicable laws or regulations or maximum amount along with the Application Form; permissible under the applicable regulations; Ensure that you have obtained all necessary approvals from the relevant statutory Do not submit the GIR number instead of the PAN as the Application Form is and/or regulatory authorities, as applicable to each category of investor, to apply liable to be rejected on this ground; and for, subscribe to and/or seek allotment of NCDs pursuant to the Tranche 1 Issue; Do not submit the Application Forms without the full Application Amount; Ensure the use of an Application Form bearing the stamp of the relevant SCSB, Trading Members of the Stock Exchanges or the Members of the Syndicate Do not submit Application Forms in non-ASBA mode to any of the Collection (except in case of electronic ASBA Applications) to whom the Application is Centres of the Bankers to the Tranche 1 Issue/Registrar/Company; submitted; Do not submit Application accompanied with Stockinvest. / ] ^ # X . In case you are submitting an Application Form to a trading member ensure that he is ? [ #X J ($ (>J ) !9!; ; ;!;9<9 located in a town / city that has an escrow banking facility (a list of such locations are dated July 16, 2013, detailing the procedure for processing CTS 2010 and non-CTS available on the websites of Stock Exchanges, and at (www.sebi.gov.in); and 2010 instruments in the three CTS grid locations. Ensure that you receive an acknowledgement from the Designated Branch, the =X ( ) ( #!(`J!J +!!;9; " ;9; Trading Member of the Stock Exchanges or from the Members of the Syndicate, as the 9 9 j . J case may be, for the submission and upload of your Application Form; ( } " X" . <( } J R " X" " are cautioned that applications accompanied by such cheques are liable to be Ensure that you specify ASBA as the ‘Mode of Application’ and use the j . J Application Form bearing the stamp of the relevant SCSB, Trading Members 9 of the Stock Exchanges or the members of the Syndicate (except in case of aforesaid SEBI Circular. electronic Application Forms) to whom the Application is submitted; J R " X" " Ensure that your Application Form is submitted either at a Designated Branch of Payment of Application Amounts in any mode other than through blocking of an SCSB, with a Trading Member of the Stock Exchanges or with the members the Application Amounts in the ASBA Accounts shall not be accepted under the ] $] & 7 & ASBA; ASBA Account is maintained and not to the Escrow Collection Banks (assuming that such bank is not a SCSB), to our Company or the Registrar to the Issue; Do not send your physical Application Form by post. Instead submit the same to a Designated Branch, a Trading Member of the Stock Exchanges or to a member ASBA Applicants applying through a member of the Syndicate should ensure of the Syndicate, as the case may be; that the Application Form is submitted to a member of the Syndicate only in | ] ] $] ] ^ & ] $] ] ] & & $ Do not submit the Application Form with a member of the Syndicate, at a location ] $] ] ] other than where the Syndicate ASBA Centres are located; and Do not submit ASBA Applications to a member of the Syndicate or the Trading Members
SREI INFRASTRUCTURE FINANCE LIMITED 13 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS of the Stock Exchanges unless the SCSB where the ASBA Account is maintained as pertaining to payment of refunds, interest, as applicable, should be credited. ] The Applicant shall be responsible for providing the above information the SEBI website ( \JJ $ $! ;$ ) in the relevant area for the Syndicate or the accurately. Delays or failure in credit of the payments due to inaccurate details Trading Members of the Stock Exchanges to deposit the Application Forms. shall be at the sole risk of the Applicants and neither the Lead Managers nor our i. Applications for allotment of physical NCDs by Non-ASBA Applicants Company shall have any responsibility and undertake any liability for the same. All Applicants who intend to apply for NCDs in physical form, should submit Applications for Allotment of the NCDs in physical form, which are not the Application Forms duly completed and accompanied by account payee accompanied with the afore stated documents, may be rejected at the sole cheques / drafts and the Know Your Customer (“KYC”) documents shall be discretion of our Company. submitted with the Members of the Syndicate, Trading Members of the Stock The Members of the Syndicate/ Trading Members of the Stock Exchanges shall Exchanges. The cheque/bank draft can be drawn on any bank, including a co- on receipt of the completed Application Form along with the KYC Documents operative bank which is situated at and is member or sub-member of the bankers’ and the cheque/ draft, provide an acknowledgment of the Application to the clearing-house located at the place where the Application Form is submitted, i.e. ] ] '& ] at designated collection centres of the Banker to the Issue. Outstation cheques along with the Application, the Members of the Syndicate/ Trading Members /bank drafts drawn on banks not participating in the clearing process will not of the Stock Exchanges shall upload all such details of the Applicant that is be accepted and Applications accompanied by such cheques or bank drafts are required for the purpose of allotment based on the Application Form on the liable to be rejected and the Escrow Collection Banks shall not be responsible online platform of the Stock Exchanges. The Members of the Syndicate/ Trading for such rejections. Payment though Stockinvest would also not be allowed Members of the Stock Exchanges shall thereafter submit the physical Application as the same has been discontinued by the RBI vide |$-| Form (duly stamped by such Members of the Syndicate/ Trading Members of the NO.FSC.BC.42/24.47.001/2003-04 dated November 5, 2003. Cash/Stockinvest/ Stock Exchanges) along with the cheque/ bank draft and the KYC Documents to Money Orders/Postal Orders will not be accepted. In case payment is effected the Escrow Collecting Bank(s). in contravention of conditions mentioned herein, the Application is liable to be rejected and Application Amount will be refunded and no interest will be paid The Members of the Syndicate/ Trading Members of the Stock Exchanges are thereon. A separate cheque / bank draft must accompany each Application Form. required to ensure that the Applicants are competent to contract under the Indian No cash payments shall be accepted. Contract Act, 1872 including minors applying through guardian. " " J " In absence of the cancelled cheque, the Issuer may reject the Application or it may ` " )(J consider the bank details as given on the Application Form at its sole discretion. " } " In such case the Issuer, Lead Managers, and Registrar shall not be liable for any physical form. Such Applicant shall not be Allotted NCDs in physical form. delays / errors in payment of refund and/or interests. All cheques / bank drafts accompanying the Applications made by eligible % ] Applicants should be crossed “A/c Payee only” and must be made payable to address provided in the Application. In case KYC documents are not proper, “SIFL NCD VIII 2016 - Escrow Account” . % '& documents from the Applicant. KYC Documents to be submitted by Non-ASBA Applicants who are applying for NCDs in the Physical Form * * . Exchanges shall ensure they shall accept Application Forms only in such 7 ^ ! . ?= X . [ ] J = X . " ` U } ! ) " X" " Passport; shall be deposited by the Members of the Syndicate and Trading Members . =z Voter’s ID; " . Driving Licence; websites in the Application Form as well. Government ID Card; Defence ID Card; PAYMENT INSTRUCTIONS Photo PAN Card Terms of Payment Photo Ration Card. The entire face value for the NCDs is payable on Application only. In case of allotment b. Self-attested copy of the PAN card; of lesser number of NCDs than the number applied, our Company shall refund / unblock c. Self-attested copy of the proof of residence; the excess amount paid on Application to the applicant. ] Payment mechanism for ASBA Applicants residence: The ASBA Applicants shall specify the ASBA Account number in the Application ration card issued by the GoI; Form. valid driving license issued by any transport authority of the Republic of India; For ASBA Applications submitted to the Lead Managers, Lead Brokers, sub-brokers X / & ] $] electricity bill (not older than three months); Application will be uploaded onto the electronic system of the Stock Exchanges and landline telephone bill (not older than three months); & $ & valid passport issued by the GoI; SCSB to accept such ASBA Applications from the Lead Managers, Lead Brokers, sub- ]]|_]% & 5 } ! ] brokers or Trading Members of the Stock Exchanges, as the case may be (A list of such (“UIDAI”); branches is available at http://www.sebi.gov.in/sebiweb/home/list/5/33/0/0/Recognised- voter’s Identity Card issued by the GoI; & $ passbook or latest bank statement issued by a bank operating in India; ] $] ] ! ] ] in the ASBA Application. registered leave and license agreement or registered agreement for sale or \ ^ For ASBA Applications submitted directly to the SCSBs, the relevant SCSB shall block Life insurance policy. ] $] ] ! ] ] ASBA Application, before entering the ASBA Application into the electronic system d. Self-attested copy of a cancelled cheque of the bank account to which the amounts of the Stock Exchanges. SCSBs may provide the electronic mode of application either
14 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS through an internet enabled application and banking facility or such other secured, i. Applications through the Members of the Syndicate/ Trading Members of the electronically enabled mechanism for application and blocking of funds in the ASBA Stock Exchanges through Collecting Banks without using ASBA Facility Account. Applicants must use the Application Form, which will be serially numbered, " X" " } " bearing the stamp of the relevant Members of the Syndicate or Trading Member Amount in the ASBA Account before submitting the ASBA Application to the of the stock exchange(s), as the case may be, from whom such Application + * + X . < . * . Form is obtained. All Application Forms (available for download on the website =z ( J X of the Stock Exchanges, the Lead Managers and available in physical form as of the SCSBs. An ASBA Application where the corresponding ASBA Account does mentioned above) duly completed and accompanied by account payee cheques / } " " . drafts shall be submitted with the Members of the Syndicate, Trading Members of the ASBA Account is liable to be rejected. the Stock Exchanges before the closure of the Tranche 1 Issue. The Applications The Application Amount shall remain blocked in the ASBA Account until approval are to be submitted to the Members of the Syndicate and Trading Members on of the Basis of Allotment and consequent transfer of the amount against the Allotted a timely manner so that the details can be uploaded on to the platform of the NCDs to the Public Issue Account(s), or until withdrawal/failure of the Issue or until Stock Exchanges during the Bidding Period. The cheque/bank draft can be drawn withdrawal/ rejection of the Application Form, as the case may be. Once the Basis on any bank, including a co-operative bank which is situated at and is member of Allotment is approved, the Registrar to the Issue shall send an appropriate request or sub-member of the bankers’ clearing-house located at the place where the to the controlling branch of the SCSB for unblocking the relevant ASBA Accounts Application Form is submitted, i.e. at designated collection centres of the Banker and for transferring the amount pertaining to NCDs allocable to the successful ASBA to the Issue. Outstation cheques /bank drafts drawn on banks not participating Applicants to the Public Issue Account(s). In case of withdrawal/ failure of the Tranche in the clearing process will not be accepted and Applications accompanied by 1 Issue, the blocked amount shall be unblocked on receipt of such information from the such cheques or bank drafts are liable to be rejected and the collecting bank shall Registrar to the Issue. not be responsible for such rejections. Payment though Stockinvest would also not be allowed as the same has been discontinued by the RBI vide Escrow Mechanism for Applicants other than ASBA Applicants No. DBOD.NO.FSC.BC. 42/24.47.001/2003-04 dated November 5, 2003. Cash/ We shall open Escrow Account(s) with each of the Escrow Collection Bank(s) to the Stockinvest/Money Orders/Postal Orders will not be accepted. In case payment is Issue, in whose favour the non-ASBA Applicants, shall draw the cheque or demand effected in contravention of conditions mentioned herein, the Application is liable draft in respect of their Application. Cheques or demand drafts for the Application to be rejected and Application Amount will be refunded and no interest will be amount received from Applicants would be deposited in the Escrow Account. All paid thereon. A separate cheque / bank draft must accompany each Application cheques/demand drafts accompanying the Application should be crossed “A/c Payee Form. No cash payments shall be accepted. only” by eligible Applicants and must be made payable to “SIFL NCD VIII 2016 - All cheques / bank drafts accompanying the Applications made by eligible Escrow Account”. Applicants must use only CTS compliant instruments and refrain Applicants should be crossed “A/c Payee only” and must be made payable to from using NON-CTS 2010 instruments for payment of the Application Amount. “SIFL NCD VIII 2016 - Escrow Account”. The Escrow Collection Bank(s) shall transfer the funds from the Escrow Account The Members of the Syndicate/ Trading Members of the Stock Exchanges, into the Public Issue Account(s), as per the terms of the Escrow Agreement, the Shelf upon receipt of the Non-ASBA Applications, shall upload all the details of the Prospectus, and the Tranche 1 Prospectus. Applications on the online platform of the Stock Exchanges. The Members of The Escrow Collection Banks will act in terms of the Shelf Prospectus, and Tranche the Syndicate/ Trading Members of the Stock Exchanges shall thereafter submit 1 Prospectus and the Escrow Agreement. The Escrow Collection Banks, for and on the physical Application Form along with the cheque/ bank draft to the Escrow behalf of the Applicants, shall maintain the monies in the Escrow Account until the Collection Banks. The Members of the Syndicate/ Trading Members of the Stock Designated Date. The Escrow Collection Banks shall not exercise any lien whatsoever Exchanges are requested to note that all Applications are required to be banked over the monies deposited therein and shall hold the monies therein in trust for the with only the designated branches of Escrow Collection Banks. Applicants. On the Designated Date, the Escrow Collection Banks shall transfer the funds represented by Allotment of NCDs (other than in respect of Allotment to REJECTION OF APPLICATIONS successful ASBA Applicants) from the Escrow Account, as per the terms of the Escrow The Board of Directors and/or any committee of our Company reserves it’s full, Agreement, into the Public Issue Account(s).The balance amount after transfer to the ! \ ] Public Issue Account shall be transferred to the Refund Account. Payments of refund to in either case without assigning any reason thereof. the relevant Applicants shall also be made from the Refund Account as per the terms of the Escrow Agreement, the Shelf Prospectus, and Tranche 1 Prospectus. Application may be rejected on one or more technical grounds, including but not restricted to: The Banker(s) to the Issue will act in terms of the Shelf Prospectus, the Escrow Agreement, and the Tranche 1 Prospectus. The Applicants should note that the escrow Amount paid doesn’t tally with the amount payable for the NCDs applied for. mechanism is not prescribed by SEBI and has been established as an arrangement However, our Company may allot NCDs up to the value of application monies between our Company, the Lead Managers, the Escrow Collection Banks and the paid, if such Application Monies exceed the minimum Application Size as Registrar to the Issue to facilitate collections from the Applicants. prescribed hereunder; ! . ! PAN not mentioned in the Application Form, except for Applications by or on & Z Payment through cash/ Stock Invest/ money order shall not be accepted in this Tranche courts and by investors residing in the State of Sikkim, provided such claims 1 Issue. | # ^ Payment mechanism for Direct Online Applicants GIR number furnished instead of PAN; Date of Birth for First/ Sole Applicant for persons applying for allotment of the requisite infrastructure and facilities in relation to direct online applications and NCDs in physical form not mentioned in the Application Form; online payment facility have been sought from the Stock Exchanges and the Stock Bank account details not given, for Applicants seeking allotment in physical same have not been implemented by both Stock Exchanges. Hence, the Direct Online mode; Application facility will not be available for this Tranche 1 Issue. Applications for amounts greater than the maximum permissible amounts SUBMISSION OF COMPLETED APPLICATION FORMS prescribed by applicable regulations; Procedure for Application Applications by persons/entities who have been debarred from accessing the capital markets by SEBI; Non-ASBA Applications Applications by any persons outside India, including Applications by OCBs;
SREI INFRASTRUCTURE FINANCE LIMITED 15 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
Any Application for an amount below the minimum Application size; Kindly note that the ASBA Applications being submitted with the Member of Application for number of NCDs, which are not in multiples of one; * . =z " X" ( ? ( [ ` " X" Category not ticked; Applications submitted to the Members of the Syndicate or Trading Members of Payment option not ticked; . =z ( ( X Application under power of attorney or by limited companies, corporate, trust " X" " " ` etc., where relevant documents are not submitted; J X ( * * . =z Application Form does not have Applicant’s depository account details and has not opted for Allotment of NCDs in physical form; " X" " ?" %!! [ Applications accompanied by Stockinvest/money order/postal order; For further instructions regarding Application for the NCDs, investors are requested to Application Forms not delivered by the Applicant within the time prescribed as read the Application Form. per the Application Form and the Shelf Prospectus, and Tranche 1 Prospectus and as per the instructions in the Shelf Prospectus and Tranche 1 Prospectus and the TERMS OF THE ISSUE Application Form; GENERAL TERMS OF THE ISSUE In case the subscription amount is paid in cash; Authority for the Issue In case no corresponding record is available with the Depositories that matches three parameters namely, names of the applicant, the Depository Participant’s The Board of Directors, at their meeting held on February 11, 2016 have approved the R ^ public issue of Secured, Redeemable, Non-Convertible Debentures of face value of ` 1,000/- each, (the “Debentures” or “NCDs”), for an amount up to the Base Issue ASBA Applications submitted directly to the Escrow Collection Banks, if such as mentioned in the respective Tranche Prospectus (es) with an option to retain bank is not the SCSB; # 7 O P Application Form accompanied with more than one cheque; This Issue has been authorized by the Board of Directors of our Company pursuant to Application not uploaded in to the Platform of the Stock Exchanges. a resolution passed at their meeting held on February 11, 2016. Applications submitted directly to the Escrow Collection Banks, if such bank is Face Value not the SCSB; The face value of each NCD shall be ` 1,000/-. Application Form accompanied with more than one cheque; Security Applications not being signed by the sole/joint Applicants; The principal amount of the NCDs to be issued in terms of the Shelf Prospectus and ] |# |& |#] / Tranche 1 Prospectus together with all interest due on the NCDs in respect thereof shall not match with depository records | Applications by persons who are not eligible to acquire NCDs of our Company in terms of applicable laws, rules, regulations, guidelines and approvals; our Company as may be decided mutually by our Company and the Debenture Trustee. Our Company will create appropriate security in favour of the Debenture Trustee for ASBA Application Forms not being signed by the ASBA Account holder; the NCD Holders on the assets adequate to ensure 100% asset cover for the NCDs (along ASBA Applications not having details of the ASBA Account to be blocked; with the interest due thereon), which shall be free from any encumbrances. With respect to ASBA Applications, inadequate funds in the ASBA Account Our Company intends to enter into an indenture/deed with the Debenture Trustee, & $ ] ] ] $] (‘Debenture Trust Deed’), the terms of which will govern the powers, authorities and Application Form at the time of blocking such Application Amount in the ASBA obligations of the Debenture Trustee. Our Company proposes to complete the execution ] & $ ^ of the Debenture Trust Deed before allotment. Our Company shall utilize the funds Applications where clear funds are not available in the Applicant’s bank account only after execution of the Debenture Trust Deed as stated in the Shelf Prospectus and / & $ ^ " # listing and trading approval from the Stock Exchanges. Applications by persons not competent to contract under the Indian Contract Act, 1872 including a minor without the name of a guardian; Under the terms of the Debenture Trust Deed, our Company will covenant with the Debenture Trustee that it will pay the NCD Holders the principal amount on the NCDs Copy of KYC documents not provided in case of option to hold NCDs in physical on the relevant redemption date and also that it will pay the interest due on NCDs on form; " # | | Authorization to the SCSB for blocking funds in the ASBA Account not provided; Debenture Trust Deed will also provide that our Company may withdraw any portion of Applications uploaded after the expiry of the allocated time on the Issue Closing the security and replace with another asset of the same or a higher value. Date, unless extended by the Stock Exchanges, as applicable; However the Company reserves the right to create pari passu charge on the said Applications by Applicants whose demat accounts have been ‘suspended for immovable property without seeking NOC from the NCD holders/ bond holders and the credit’ pursuant to the circular issued by SEBI on July 29, 2010 bearing number Trustee is empowered to Issue NOC to create pari passu Charge on the said immovable CIR/MRD/DP/22/2010; property. ASBA Applications submitted to the Members of Syndicate or Trading Members Credit Rating / & The NCDs have been rated ‘BWR AA+ (BWR Double A plus)’ by BRICKWORK Designated Branch of a SCSB where the ASBA Account is not maintained, and pursuant to letters dated June 19, 2013, July 21, 2014 and August 6, 2014 and all of which ASBA Applications submitted directly to an Escrow Collecting Bank (assuming have been revalidated vide revalidation letters dated August 23, 2016. . Instruments that such bank is not a SCSB), to our Company or the Registrar to the Issue; with a rating of ‘BWR AA+ (BWR Double A plus)’ by BRICKWORK are considered to Application for allotment in physical form for Series II and Series V NCDs; Applications by foreign nationals who are (i) based in the USA, and/or, (ii) CARE has assigned a rating of ‘CARE A+ (Single A Plus)’ to our outstanding NCDs domiciled in the USA, and/or (iii) residents/citizens of the USA, and/or, (iv) vide their letters dated subject to any taxation laws of the USA; March 21, 2016 and revalidation letter dated May 18, 2016. These NCDs were earlier NON-CTS 2010 instruments used for payment of the Application Amount rated ‘CARE AA- (Double A minus)’. Minor applying without the PAN allotted to minor as per IT Act.
16 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS Issue Period for Tranche 1 Issue Allotment of NCDs Issue Opens on Wednesday, September 7, 2016 Deemed Date of Allotment The Deemed Date of Allotment for the NCDs shall be the date on which the Board of ( J w Wednesday, September 28, 2016 Directors or duly authorized committee thereof approves the allotment of NCDs or T/ " ; such date as may be determined by the Board of our Company and/or a duly authorized " # 7 J / ] &| " A P ; $ ) ; including payment of interest will accrue to the NCD Holders from the Deemed Date " # " / ) of Allotment. The actual allotment of NCDs may take place on a date other than the notice of the same is provided to the prospective investors through advertisements in Deemed Date of Allotment. ! " " / ) Grouping of Applications and Allocation Ratio " / ) $ For the purposes of the basis of allotment: - 3$33 $ $ $33 $ $ B) ( / O)(/PG BOBidding PeriodPG ! / A. Applications received from Category I Applicants: Applications received from ) ; * " ( / ! * Category I, shall be grouped together,(“ Institutional Portion”); ! " ( (7 - # B. Applications received from Category II Applicants: Applications received from / ) ! A Category II, shall be grouped together,(“Non-Institutional Portion”); 3$33 $ $ 0$33 $ $ B)(/G $33 $ $ B)(/G C. Applications received from Category III Applicants: Further with respect to # ( Q# ! $ ) Applications received from Category III applicantsG, shall be grouped together, ( Q# ! " P $ ?O ( P[. A " ; " ! / For removal of doubt, “Institutional Portion”, “Non-Institutional Portion” and Issue Closing Date, the Applicants are advised to submit their Applications one day “Individual Category Portion” are individually referred to as “Portion” and / ) ! A 0$33 $ $ B)(/G collectively referred to as “Portions”. / ) ! A $ / For the purposes of determining the number of NCDs available for allocation to each of ) ( / $ ; ! the abovementioned Portions, our Company shall have the discretion of determining the " ; / ) ! A number of NCDs to be allotted over and above the Base Issue Size, in case our Company experienced in public offerings, some Applications may not get uploaded due to lack opts to retain any oversubscription under the Tranche 1 Prospectus. The aggregate " " $ value of NCDs decided to be allotted over and above the Base Issue Size, (in case our Such Applications that cannot be uploaded will not be considered for allocation under Company opts to retain any oversubscription under the Tranche 1 Prospectus), and/or / ) $ @ ! A ! the aggregate value of NCDs upto the Base Issue Size shall be collectively termed as $ 4 * " ( / ! the “Overall Issue Size”. * ! " ( (7 " " ! " " J $ Allocation Ratio Application Amount Institutional Portion Non-Institutional Portion Individual Category ` 10,000/- (10 NCDs) and in multiples of 1 NCD thereafter (for all Series of NCDs, Portion either taken individually or collectively). 20% of Overall Issue 20% of Overall Issue Size 60% of Overall Issue Size Escrow Mechanism for Applicants other than ASBA Applicants Size We shall open Escrow Account(s) with each of the Escrow Collection Bank(s) to the Retention of Oversubscription Issue, in whose favour the non-ASBA Applicants, shall draw the cheque or demand draft Our Company is making a public Issue of NCDs aggregating upto ` 2,500 million with in respect of their Application. Cheques or demand drafts for the Application amount an option to retain oversubscription upto the Shelf Limit i.e. up to ` 10,000 million received from Applicants would be deposited in the Escrow Account. All cheques/ Basis of Allotment for NCDs demand drafts accompanying the Application should be crossed “A/c Payee only” by eligible Applicants and must be made payable to “SIFL NCD VIII 2016 - Escrow (a) ] U Account”. Applicants must use only CTS compliant instruments and refrain from 7 ] # 7& using NON-CTS 2010 instruments for payment of the Application Amount. &| " The Escrow Collection Bank(s) shall transfer the funds from the Escrow Account into the Public Issue Account(s), as per the terms of the Escrow Agreement, the Shelf of their Applications in to the electronic book with Stock Exchanges; Prospectus, and the Tranche 1 Prospectus. (ii) Applicants belonging to the Non-Institutional Portion (Category II), in The Escrow Collection Banks will act in terms of the Shelf Prospectus, and Tranche 1 &| " Prospectus and the Escrow Agreement. The Escrow Collection Banks, for and on behalf of the Applicants, shall maintain the monies in the Escrow Account until the Designated basis of upload of their Applications in to the electronic book with Stock Date. The Escrow Collection Banks shall not exercise any lien whatsoever over the Exchanges; monies deposited therein and shall hold the monies therein in trust for the Applicants. On 7 ] # 7& the Designated Date, the Escrow Collection Banks shall transfer the funds represented by &| " Allotment of NCDs (other than in respect of Allotment to successful ASBA Applicants) from the Escrow Account, as per the terms of the Escrow Agreement, into the Public of their Applications in to the electronic book with Stock Exchanges; Issue Account(s).The balance amount after transfer to the Public Issue Account shall be (b) Allotments, in consultation with the Designated Stock Exchange, shall be made transferred to the Refund Account. Payments of refund to the relevant Applicants shall also be made from the Refund Account as per the terms of the Escrow Agreement, the of each Application in to the Electronic Book with Stock Exchange, in each Shelf Prospectus, and Tranche 1 Prospectus. Portion subject to the Allocation Ratio. However, on the date of oversubscription, The Banker(s) to the Issue will act in terms of the Shelf Prospectus, the Escrow the allotments would be made to the applicants on proportionate basis. Agreement, and the Tranche 1 Prospectus. The Applicants should note that the escrow ?) ( #! *J!J`!9!;9[ mechanism is not prescribed by SEBI and has been established as an arrangement $ ;9 =X between our Company, the Lead Managers, the Escrow Collection Banks and the ?) ( # ! *J!J`<9!;!;9[ | ;9 z Registrar to the Issue to facilitate collections from the Applicants.
SREI INFRASTRUCTURE FINANCE LIMITED 17 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS All decisions pertaining to the basis of allotment of NCDs pursuant to the Tranche . 1 Issue shall be taken by our Company in consultation with the Lead Managers . =z and the Designated Stock Exchange and in compliance with the aforementioned provisions of the Tranche 1 Prospectus. Any other queries / issues in connection allotments in public issues of debt securities is to be made on a proportionate with the Applications will be appropriately dealt with and decided upon by our basis. Company in consultation with the Lead Managers. (c) Under Subscription: Our Company shall allocate and allot Series III NCDs wherein the Applicants Under subscription, if any, in any Portion, priority in allotments will be given in have not indicated their choice of the relevant NCD Series or have applied for the following order (decreasing order of priority): wrong Series. i. Individual Category Portion Please note in case KYC documents are not proper, Registrar shall hold back physical ] '& ii. Non-Institutional Portion Applicant and the Company shall keep in abeyance the payment of interest or other iii. Institutional Portion &| \ * # ] due to inactive demat or any mismatch with depositories details against the details serve basis, based on the date of upload of each Application into the electronic received through application, the securities shall hold in pool account till such time system of the Stock Exchanges. the Company/Registrar receive the proper documentation from the investor for further & (d) For each Portion, all Applications uploaded on the same day in to the Electronic Book with Stock Exchanges would be treated at par with each other. Allotment proper KYC documents to the satisfaction of the Registrar. would be on proportionate basis, where NCDs uploaded into the Platform of the Stock Exchanges on a particular date exceeds NCDs to be allotted for each 1. # Portion respectively. Our Company is making a public Issue of NCDs aggregating upto ` 2,500 million (e) Minimum allotments of 1 (one) NCD and in multiples of 1 (one) NCD thereafter with an option to retain oversubscription upto the Shelf Limit i.e. ` 10,000 million. would be made in case of each valid Application. PAYMENT OF REFUNDS (f) Allotments in case of oversubscription: " " ! # In case of an oversubscription, allotments to the maximum extent, as possible, The unutilised portion of the Application Amount will be refunded to the Applicant &| ] no later than twelve (12) Working Days from the Tranche 1 Issue Closing Date in the to the date falling 1 (one) day prior to the date of oversubscription (i.e. where in manner as provided below: the number of NCDs available for allotment in the respective Category is less A. In case of Applications made on the Stock Exchanges through the Members of than the demand for NCDs by the applicants in the respective Category) and the Syndicate/ Trading Members of the Stock Exchanges by making payment proportionate allotment of NCDs to the Applicants on the date of oversubscription though cheques, the unutilised portion of the Application Amount (includes (based on the date of upload of each Application into the Electronic Book with refund amounts payable to unsuccessful Applicants and also the excess amount Stock Exchanges, in each Category). paid on Application) will be credited to the Bank Account of the Applicant as per the banking account details as provided with the demat details of the Applicant by However for the purposes of allotment of NCDs under the Tranche 1 Issue, way of any of the following modes: Applications shall be grouped based on the PAN, i.e. Applications under the same PAN shall be grouped together and treated as one Application and re-categorised i. Direct Credit – Investors having bank accounts with the Bankers to the Issue based on their total application amount. This re- categorization of investor shall be eligible to receive refunds through direct credit. Charges, if any, categories may result in proportionate allotment on the date of oversubscription in levied by the relevant bank(s) for the same would be borne by us. the respective categories. Pursuant to re-categorization, each of the applications ii. NECS – Payment of refund would be done through NECS for Investors (based on the date of upload of each Application into the Electronic Book with having an account at any of the centres where such facility has been made Stock Exchanges, in each Category) made by the applicant, will compete for available. This mode of payment of refunds would be subject to availability allocation with other applications made by the applicants in that respective of complete bank account details including the MICR code as available from Category on that respective date. the Depositories. The payment of refunds through this mode will be done for Applicants having a bank account at any centre where NECS facility has (g) Proportionate Allotments: For each Portion, on the date of oversubscription: been made available (subject to availability of all information for crediting i) Allotments to the Applicants shall be made in proportion to their respective the refund through NECS). Application size, rounded off to the nearest integer, iii. NEFT – Payment of refund shall be undertaken through NEFT wherever the ii) If the process of rounding off to the nearest integer results in the actual Investors’ bank has been assigned the Indian Financial System Code (IFSC), allocation of NCDs being higher than the Tranche 1 Issue size, not all which can be linked to a MICR, allotted to that particular bank branch. IFSC Applicants will be allotted the number of NCDs arrived at after such Code will be obtained from the website of RBI as on a date immediately rounding off. Rather, each Applicant whose allotment size, prior to prior to the date of payment of refund, duly mapped with MICR numbers. rounding off, had the highest decimal point would be given preference, In case of online payment or wherever the Investors have registered their iii) In the event, there are more than one Applicant whose entitlement remain nine digit MICR number and their bank account number with the depository equal after the manner of distribution referred to above, our Company will participant while opening and operating the demat account, the MICR number and their bank account number will be duly mapped with the IFSC equitable manner. Code of that particular bank branch and the payment of refund will be made to the Investors through this method. (h) Applicant applying for more than one Series of NCDs: iv. RTGS – If the refund amount exceeds ` 200,000, the Investors have the If an Applicant has applied for more than one Series of NCDs, and in case such option to receive refund through RTGS. Charges, if any, levied by the refund Applicant is entitled to allocation of only a part of the aggregate number of NCDs bank(s) for the same would be borne by us. Charges, if any, levied by the applied for, the Series-wise allocation of NCDs to such Applicants shall be in Investor’s bank receiving the credit would be borne by the Investor. proportion to the number of NCDs with respect to each Series, applied for by v. For all other Investors (non-ASBA) the refund orders will be despatched such Applicant, subject to rounding off to the nearest integer, as appropriate in through Speed Post. Such refunds will be made by cheques, pay orders or consultation with Lead Managers and Designated Stock Exchange.
18 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS vi. Credit of refunds to Investors in any other electronic manner permissible of Allotment at ` 1,611/- (Face Value per NCD plus Premium per NCD) subject to under the banking laws, which are in force and are permitted by the SEBI applicable tax deducted at source if any. from time to time. In the event, the interest / pay-out of total coupon / redemption amount is a fraction B. In case of ASBA Applications, the unutilised portion of the Application Amount and not an integer, such amount will be rounded off to the nearest integer. By way of shall be unblocked by the SCSBs on the basis of the instructions issued in this illustration if the redemption amount is ` 1,522.90/- , then the amount shall be rounded regard by the Registrar to the Issue to the respective SCSBs. off to ` 1,523/-. C. In case of eligible refund through electronic mode, if there are any rejection ( P " because of wrong account details received from depositories in case of demat : A ! $ 0+ 4 A application or wrong account details mentioned in the application form in case " J ; " /ranche 1 of physical application, our Company will issue refund orders to those investors Prospectus read with the provisions of the Articles of Association of our Company, the which may further delay the refund credit beyond twelve (12) working days from transferee of such NCDs or the deceased holder of NCDs, as the case may be, shall be Tranche 1 Issue closing date. In case of such delays in credit of refund to investors ; 4 A $ " ) neither the Lead managers nor the Company shall have any responsibility and 4 A ^ ! " 4 A ^ B undertake any liability for such delays on part of the investors. " P 6 G : A $ Further, Interest and Payment of Interest Allotment of NCDs offered to the public shall be made within a time period of Payment of Interest will be made to those NCD Holders whose names appear in the twelve (12) Working Days from the date of closure of the Tranche 1 Issue; &| _ 7 \ % | Credit to demat account will be given no later than twelve (12) Working Days from For NCDs subscribed, in respect to Series II and Series V, where the interest is to be the date of the closure of the Tranche 1 Issue; paid on a monthly basis, relevant interest will be calculated from the seventh day till - & " 7 ] sixth day of every subsequent month during the tenor of such NCDs, and paid on the made and refund orders/allotment letters are not dispatched and/or demat credits ! &| are not made to investors within twelve (12) Working Days of the Tranche 1 Issue the monthly options, interest from the Deemed Date of Allotment till the sixth day of Closing Date or date of refusal of the Stock Exchange(s), whichever is earlier. In the subsequent month will be clubbed and paid on the seventh day of the month next to case listing permission is not granted by the Stock Exchange(s) to our Company that subsequent month. and if such money is not repaid within the day our Company becomes liable to For NCDs subscribed, in respect to Series III and Series VI, where the interest is to be & paid on an annual basis, relevant interest will be made on April 1st every year for the from expiry of 8 (eight) days, be liable to repay the money with interest at the ] " " rate of 15% as prescribed under Rule 3 of Companies (Prospectus and Allotment period commencing from the Deemed Date of Allotment till March 31, 2017. Subject of Securities) Rules, 2014 read with Section 26 of the Companies Act 2013, to The last interest payment will be made at the time of maturity of the NCD on a pro ] rata basis. the Applicants is valid at the time of the upload of the demat credit. For NCDs subscribed in respect to Series I, Series IV and Series VII, the face value Our Company will provide adequate funds to the Registrars to the Issue, for this purpose. of NCDs plus applicable premium on redemption will be made on the Maturity Date INTEREST On every relevant Record Date, the Registrar and/or our Company shall determine &| _ 7 |# #] Series I NCDs, shall be redeemed at the end of 400 days from the Deemed Date ` entries in the register of NCD Holders), and make applicable interest/ Maturity Amount of Allotment at 1,100/- (Face Value per NCD plus Premium per NCD) subject to payments. applicable tax deducted at source if any. In case of Series II NCDs, interest would be paid monthly at 9.35% per annum to We may enter into an arrangement with one or more banks in one or more cities for Category I, II III Investors on the amount outstanding from time to time, commencing direct credit of interest to the account of the investors. In such cases, interest, on the from the Deemed Date of Allotment of each Series II NCD. Interest Payment Date, would be directly credited to the account of those investors who have given their bank mandate. Series II NCDs shall be redeemed at the Face Value thereof along with the interest accrued thereon, if any, at the end of 3 years from the Deemed Date of Allotment. We may offer the facility of NECS, NEFT, RTGS, Direct Credit and any other method In case of Series III NCDs, interest would be paid annually at 9.75% per annum to permitted by RBI and SEBI from time to time to help NCD Holders. The terms of this Category I, II III Investors on the amount outstanding from time to time, commencing facility (including towns where this facility would be available) would be as prescribed from the Deemed Date of Allotment of each Series III NCD. by RBI. Refer to the paragraph on “Manner of Payment of Interest / Refund / Maturity Amount” at page no. 46 in the Tranche 1 Prospectus. Series III NCDs shall be redeemed at the Face Value thereof along with the interest accrued thereon, if any, at the end of 3 years from the Deemed Date of Allotment. % Series IV NCDs, shall be redeemed at the end of 3 years from the Deemed Date 7 % | ! of Allotment at ` 1,322/- (Face Value per NCD plus Premium per NCD) subject to which tax applicable on interest will be deducted at source on accrual thereof in our applicable tax deducted at source if any. Company’s books and/or on payment thereof, in accordance with the provisions of the ] In case of Series V NCDs, interest would be paid monthly at 9.60% per annum to ] Category I, II III Investors on the amount outstanding from time to time, commencing from the Deemed Date of Allotment of each Series V NCD. As per clause (ix) of Section 193 of the I.T. Act, no tax is required to be withheld on Series V NCDs shall be redeemed at the Face Value thereof along with the interest any interest payable on any security issued by a company, where such security is in accrued thereon, if any, at the end of 5 years from the Deemed Date of Allotment. dematerialized form and is listed on a recognized stock exchange in India in accordance with the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and the rules made In case of Series VI NCDs, interest would be paid annually at 10.00% per annum to thereunder. Accordingly, no tax will be deducted at source from the interest on listed Category I, II III Investors on the amount outstanding from time to time, commencing NCDs held in the dematerialized form. from the Deemed Date of Allotment of each Series VI NCD. Series VI NCDs shall be redeemed at the Face Value thereof along with the interest However in case of NCDs held in physical form, as per the current provisions of the IT accrued thereon, if any, at the end of 5 years from the Deemed Date of Allotment. Act, tax will not be deducted at source from interest payable on such NCDs held by the investor (in case of resident Individuals and HUFs), if such interest does not exceed ` Series VII NCDs, shall be redeemed at the end of 5 years from the Deemed Date of ` 5,000 on account Allotment at the following amounts based on the relevant categories of NCD Holders as of interest on the NCDs, then the tax will be deducted at applicable rate. However in on the Record Date for redemption of the Series VII NCDs case of NCD Holders claiming non-deduction or lower deduction of tax at source, as Series VII NCDs, shall be redeemed at the end of 3 years from the Deemed Date the case may be, the NCD Holder should furnish either (a) a declaration (in duplicate)
SREI INFRASTRUCTURE FINANCE LIMITED 19 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS in the prescribed form i.e. (i) Form 15H which can be given by Individuals who are Maturity and Redemption of the age of 60 years or more (ii) Form 15G which can be given by all Applicants &| " # X | 7 7 ] - The date of maturity for NCDs subscribed under Series I NCDs is 400 days from the ] 7 Deemed Date of Allotment, Series II, Series III and Series IV NCDs is 3 years from the Application in the prescribed form i.e. Form No. 13. The aforesaid documents, as may Deemed Date of Allotment and Series V, Series VI and Series VII NCDs is 5 years from & ! the Deemed Date of Allotment. NCD Holder, NCD folio number and the distinctive number(s) of the NCD held, prior to the Record Date to ensure non-deduction/lower deduction of tax at source from interest Procedure upon Maturity by NCD Holders &| "_ "Z The procedure upon Maturity is set out below: ] - &| NCDs held in physical form: deduction or lower deduction of tax at source from interest on the NCD. No action would ordinarily be required on the part of the Individual category holder If any Coupon/Interest Payment Date falls on a day that is not a Working Day, the at the time of Maturity of the NCDs and the Maturity Amount(s) would be paid to payment shall be made on the immediately succeeding Working Day. If the Redemption those Individual category holders whose names stand in the register of NCD Holders Date/Maturity Date (also being the last Coupon/Interest Payment Date) of any Series of X | X the NCDs falls on a day that is not a Working Day, the redemption/maturity proceeds ] 7 _ & ! &| 7 shall be paid on the immediately preceding Working Day along with interest accrued on discharged by the sole holder/all the joint holders (signed on the reverse of the NCD the NCDs until but excluding the date of such payment. 7 Payment of interest would be subject to the deduction as prescribed in the I.T. Act or any category holder(s) by registered post with acknowledgment due or by hand delivery to Interest on Application Amount & Refund Amount 7 ! &| 7 in the manner as stated above, not more than three months and not less than one month " " " prior to the Maturity Date so as to facilitate timely payment. NCDs We may at our discretion pay the Maturity Amount(s) without the requirement of The Company shall pay to the successful Applicants, interest at 8% on the Application &| 7 Amount allotted, from the date of realization of the Application Amount through &| &| X cheque(s)/demand draft(s)/any other mode up to 1 (one) day prior to the Deemed Date Amount(s) would be paid to those NCD Holders whose names stand in the register of of Allotment, subject to deductions under the provisions of the Income Tax Act or any &| _ X | _ X ] &| is to be paid on Application Amount(s) to the ASBA Applicants. cancelled. Also see the paragraph on O * P given below. Our Company may enter into an arrangement with one or more banks in one or more NCDs held in electronic form: cities for direct credit of interest to the account of the applicants. Alternatively, the interest warrant will be dispatched along with the Letter(s) of Allotment at the sole risk No action is required on the part of NCD Holder(s) at the time of payment of Maturity Amounts. TDS on Interest on Application Amount Payment on Maturity Interest on Application Amount is subject to deduction of income tax under the The manner of payment of Maturity Amounts is set out below: ] NCDs held in physical form: The Maturity Amounts will be made by way of cheque/pay order/ electronic modes. source on interest on Application Amount, if any, should be submitted along with the However, if our Company so requires, the aforementioned payment would only be made Application Form. &| 7 \ " " 7 &| 7 | ! a) We shall pay interest on Application Amounts which is liable to be refunded to etc. in respect of such payment will be made on the Maturity Date or (if so requested the Applicants (other than ASBA Applicants) subject to deduction of income by our Company in this regard) within a period of 30 days from the date of receipt of tax under the provision of Section 194A of the Income Tax Act, as applicable, &| from the date of realization of the cheque(s)/demand draft(s) or three days from " 7 X | the date of upload of the Application on the electronic bidding platform of the " 7 Stock Exchanges, whichever is later, upto one day prior to the Deemed Date of the Maturity Date and we dispatch the Maturity Amount(s) to the transferor, claims in Allotment, at the rate of 6 %. .Such interest shall be paid along with the monies respect of the maturity proceeds should be settled amongst the parties inter se and no liable to be refunded. Interest warrants will be dispatched/credited (in case of claim or action shall lie against us or the Registrars. electronic payment) along with the letter(s) of refund at the sole risk of the Our liability to holder(s) towards his/their rights including for payment or otherwise ] ] shall stand extinguished from the Maturity Date in all events and when we dispatch the ] Maturity Amounts to the NCD Holder(s). deducted. Further, we will not be liable to pay any interest, income or compensation of any kind Provided that, notwithstanding anything contained hereinabove, our Company shall from the date of payment of Maturity Amounts of the NCD(s). not be liable to pay any interest on monies liable to be refunded in case of (a) invalid We may at our discretion pay the Maturity Amounts without the requirement of Applications or Applications liable to be rejected, and/or (b) applications which are &| 7 withdrawn by the applicant and/or (c) monies paid in excess of the amount of NCDs &| &| applied for in the Application Form. Please see section titled “Rejection of Application” proceeds would be paid to those NCD Holders whose names stand in the register of on page 71 of the Tranche 1 Prospectus. &| _ % | Terms of Payment of Maturity Amounts. The entire issue price of `1000/- per NCD is payable on Application itself. In case NCDs held in electronic form: of allotment of lesser number of NCDs than the number of NCDs applied for, our On the Maturity Date, Maturity Amounts would be paid by cheque /pay order / Company shall refund/unblock the excess amount paid on Application to the Applicant &| _ in accordance with the terms of the Tranche 1 Prospectus. For further details please owners given by the Depositories to us. These names would be as per the Depositories’ refer to the paragraph on “Interest on Application & Refund Amount” beginning on X | X ] page no. 43 of the Tranche 1 Prospectus.
20 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS These NCDs may be simultaneously extinguished to the extent of the Maturity Amounts Code (“IFSC”), which can be linked to a Magnetic Ink Character Recognition paid through appropriate debit corporate action upon payment of the corresponding (“MICR”), if any, available to that particular bank branch. IFSC Code will be Maturity Amounts of the NCDs. It may be noted that in the entire process mentioned obtained from the website of RBI as on a date immediately prior to the date of above, no action is required on the part of NCD Holders. payment of refund, duly mapped with MICR numbers. Wherever the Applicants Our liability to NCD Holder(s) towards his/their rights including for payment or have registered their nine digit MICR number and their bank account number otherwise shall stand extinguished from the Maturity Date in all events and when we while opening and operating the de-mat account, the same will be duly mapped dispatch the Maturity Amounts to the NCD Holder(s). with the IFSC Code of that particular bank branch and the payment of interest/ refund/ Maturity Amount will be made to the Applicants through this method. Further, we will not be liable to pay any interest, income or compensation of any kind from the date of payment of Maturity Amounts of the NCD(s). 5. Speed Post For all other Applicants, including those who have not updated their bank Effect of holidays on payments particulars with the MICR code and if the interest payment through NECS to such If the date of payment of interest does not fall on a Working Day, then the succeeding Applicants is unsuccessful the interest payment shall be dispatched by ordinary Working Day will be considered as the effective date for such payment of interest with post for value up to ` 1,500/- and through Speed Post for interest payment of value interest for such additional period (the “Effective Date”). Such additional interest will above ` 1,500/-. The refund orders shall be dispatched through Speed Post. be deducted from the interest payable on the next date of payment of interest. Interest Please note that Applicants are eligible to receive payments through the modes and principal or other amounts, if any, will be paid on the Effective Date. Payment of detailed in (1), (2) (3), (4) and (5) herein above provided they provide necessary interest will be subject to the deduction of tax as per Income Tax Act or any statutory information for the above modes and where such payment facilities are allowed X / available. Date (also being the last Interest Payment Date) does not fall on a Working Day, the Please note that our Company shall not be responsible to the holder of NCD, for payment will be made on the preceding Working Day, along with coupon/interest any delay in receiving credit of interest / refund / Maturity Amount so long as our accrued on the NCDs until but excluding the date of such payment. Company has initiated the process of such request in time. * ! # ! * " X . j The manner of payment of interest / refund / Maturity Amount in connection with the As a matter of precaution against possible fraudulent encashment of refund orders and NCDs is set out below: interest warrants due to loss or misplacement, the particulars of the Applicant’s bank For NCDs applied / held in electronic form: account are mandatorily required to be given for printing on the orders/ warrants. In The bank details will be obtained from the Depositories for payment of Interest / refund relation to NCDs applied and held in dematerialized form, these particulars would / Maturity Amount as the case may be. Applicants who have applied for or are holding be taken directly from the depositories. In case of NCDs held in physical form either the NCDs in electronic form, are advised to immediately update their bank account on account of allotment (to Individual Category) or rematerialisation or transfer, the details as appearing on the records of the depository participant. Please note that failure investors are advised to submit their bank account details with our Company / Registrar to do so could result in delays in credit of refunds to the Applicant at the Applicant’s at least 7 (seven) days prior to the Record Date failing which the orders / warrants will sole risk, and the Lead Managers, our Company or the Registrar to the Issue shall have be dispatched to the postal address of the holder of the NCD as available in the records any responsibility and undertake any liability for the same. of our Company. Bank account particulars will be printed on the orders/ warrants which can then be For NCDs held in physical form: The bank details will be obtained from the Registrar to the Issue as available to them for Record Date payment of interest / refund / Maturity Amount as the case may be. In connection with Series III and Series VI NCDs, 15 (Fifteen) Days prior to the date The mode of interest / refund / Maturity Amount payments shall be undertaken in any on which interest is due and payable, or the date of redemption, or as may be prescribed of the following manner : by the Stock Exchanges, and in connection with Series II and Series V NCDs, 10 (Ten) 1. Direct Credit working Days prior to the date on which interest is due and payable, or the date of redemption, or as may be prescribed by the Stock Exchanges and in connection with Investors having their bank account with the Refund Banks, shall be eligible to Series I, Series IV and Series VII NCDs, 15 (Fifteen) Days prior to the Maturity Date receive refunds, if any, through direct credit. The refund amount, if any, would be or as may be prescribed by the Stock Exchanges. If the Record Date falls on falls on a credited directly to their bank account with the Refund Banker. day that is not a Working Day, then immediate subsequent Working Day will be deemed 2. NECS as Record Date. Payment of interest / refund / Maturity Amount shall be undertaken through ! )(J ? [ NECS for Applicants having an account at the centres mentioned in NECS MICR The provisions relating to transfer and transmission and other related matters in respect list. of our shares contained in the Companies, 1956 (to the extent applicable)/ Companies This mode of payment of refunds would be subject to availability of complete Act, 2013, as the case may be and the Company’s Articles of Association will apply, bank account details including the MICR code, IFSC code, bank account number, mutatis mutandis (to the extent applicable to debentures) to the NCDs. bank name and branch name as appearing on a cheque leaf, from the Depositories. The NCDs shall be transferred or transmitted freely in accordance with the applicable 3. RTGS provisions of the Companies Act 2013. The provisions relating to transfer and transmission and other related matters in respect of our shares contained in the Articles Applicants having a bank account with a participating bank and whose interest ` and the Companies Act 2013 shall apply, mutatis mutandis (to the extent applicable payment / refund / Maturity Amount exceeds 2 lacs, or such amount as may to debentures) to the NCD(s) as well. In respect of the NCDs held in physical form, %$ a suitable instrument of transfer as may be prescribed by the Issuer may be used for RTGS. Such eligible Applicants who indicate their preference to receive interest the same. The NCDs held in dematerialised form shall be transferred subject to and in payment / refund / Maturity Amount through RTGS are required to provide the accordance with the rules/procedures as prescribed by NSDL/CDSL and the relevant IFSC code in the Application Form or intimate our Company and the Registrars |# to the Issue at least 7 (seven) days before the Record Date. Charges, if any, levied respect thereof. The transferee(s) should ensure that the transfer formalities are by the Applicant’s bank receiving the credit would be borne by the Applicant. In completed prior to the Record Date. In the absence of the same, interest will be paid to the event the same is not provided, interest payment / refund / Maturity Amount the person, whose name appears in the register of debenture holders maintained by the shall be made through NECS subject to availability of complete bank account Depositories. In such cases, claims, if any, by the transferees would need to be settled details for the same as stated above. with the transferor(s) and not with the Issuer or Registrar. 4. NEFT Taxation Payment of interest / refund / Maturity Amount shall be undertaken through NEFT O $ P wherever the Applicants’ bank has been assigned the Indian Financial System Prospectus.
SREI INFRASTRUCTURE FINANCE LIMITED 21 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
OTHER INSTRUCTIONS Nomination facility to NCD Holder In accordance with Section 72 of the Companies Act 2013, Any NCD Holder may, at NCD Holder not a Shareholder any time, nominate, in Form No. SH.13, any person as his nominee in whom the NCDs The NCD Holders will not be entitled to any of the rights and privileges available to hall vest in the event of his death. On the receipt of the said nomination form being Form the equity and/or preference shareholders of our Company,, except to the extent of the No. SH.13, a corresponding entry shall forthwith be made in the relevant register of right to receive the annual reports of our Company and such other rights as may be securities holders, maintained under Section 88 of the Companies Act, 2013. prescribed under the Companies Act, 2013 and the rules prescribed thereunder and the Where the NCDs are held by more than one person jointly, the joint holders may SEBI LODR Regulations together nominate, in the prescribed manner, any person to whom all the rights in the Rights of NCD Holders NCDs shall vest in the event of death of all the joint holders. Where the nomination is &| _ U made in respect of the NCDs held by more than one person jointly, all joint holders shall 1. The NCDs shall not, except as provided in the Companies Act 2013, confer upon together nominate in Form No.SH.13 any person as nominee. the holders thereof any rights or privileges available to our members including The request for nomination should be recorded by the Company within a period of the right to receive notices or annual reports of, or to attend and/or vote, at our general meeting. However, if any resolution affecting the rights attached to the the event of death of the NCD Holder or where the NCDs are held by more than one &| person jointly, in the event of death of all the joint holders, the person nominated as the before the concerned registered NCD Holders for their consideration. In terms of nominee may upon the production of such evidence as may be required by the Board, Section 136 of the Companies Act 2013, holders of NCDs shall be entitled to a elect, either- ! (a) to register himself as holder of the NCDs ; or 2. Subject to applicable statutory/regulatory requirements, including requirements (b) to transfer the NCDs as the deceased holder could have done. of the RBI, the rights, privileges and conditions attached to the NCDs may be If the person being a nominee, so becoming entitled, elects to be registered as holder of the NCDs himself, he shall deliver or send to the Company a notice in writing signed least three-fourths of the outstanding amount of the NCDs or with the sanction of by him stating that he so elects and such notice shall be accompanied with the death a special resolution passed at a meeting of the concerned NCD Holders, provided &| _ 7 that nothing in such consent or resolution shall be operative against us, where Notwithstanding anything contained in any other law for the time being in force or in the NCDs, if the same are not acceptable to us. any disposition, whether testamentary or otherwise, in respect of the NCDs, where a nomination made in the prescribed manner purports to confer on any person the right 3. The registered NCD Holder or in case of joint-holders, the one whose name to vest the NCDs. the nominee shall, on the death of the holder of NCDs or, as the case may be, on the death of the joint holders, become entitled to all the rights in the NCDs, of such NCDs, either in person or by proxy, at any meeting of the concerned of the NCD Holder or, as the case may be, of all the joint holders, in relation to the said NCD Holders and every such holder shall be entitled to one vote on a show of NCDs, to the exclusion of all other persons, unless the nomination is varied or cancelled hands and on a poll, his/her voting rights on every resolution placed before such in the prescribed manner. meeting of the NCD Holders shall be in proportion to the outstanding nominal value of NCDs held by him/her. All the limitations, restrictions and provisions of the Companies Act 2013 relating to the right to transfer and the registration of transfers of the NCDs shall be applicable to any 4. The NCDs are subject to the provisions of the Debt Regulations, the Companies such notice or transfer as aforesaid as if the death of the NCD Holder had not occurred Act 2013, the Memorandum and Articles of Association of our Company, the and the notice or transfer were a transfer signed by that NCD Holder. terms of the Tranche 1 Prospectus, the Shelf Prospectus, the Application Forms, the terms and conditions of the Debenture Trust Deed, requirements of the RBI, Where the nominee is a minor, it shall be lawful for the NCD Holder, making the other applicable statutory and/or regulatory requirements relating to the issue and nomination to appoint, in the prescribed manner, any person to become entitled to listing, of securities and any other documents that may be executed in connection the NCDs, in the event of the death of the nominee during his minority. Where the with the NCDs. nominee is a minor, NCD Holder making the nomination, may appoint a person in Form _ " 7" % " & 7 & 5. A register of NCD Holders (“Register of Debenture holders”) will be maintained Debentures) Rules, 2014, who shall become entitled to the NCDs, in the event of death in accordance with Section 88 of the Companies Act 2013 and all interest and of the nominee during his minority. principal sums becoming due and payable in respect of the NCDs will be paid to the registered holder thereof for the time being or in the case of joint-holders, A person, being a nominee, becoming entitled to NCDs by reason of the death of the % &| _ NCD Holder shall be entitled to the same interests and other advantages to which he Record Date. Further as the NCDs issued are also being issued in Demat form, would have been entitled to if he were the registered NCD Holder except that he shall the Depositories shall also maintain the updated register of holders of the NCDs not, before being registered as a NCD Holder in respect of such NCDs, be entitled in in Demat Form. In terms of Section 88 of the Companies Act 2013, the register respect of these NCDs to exercise any right conferred by subscription to the same in | &| relation to meetings of the NCD Holders convened by the Company. Provided that the form under Section 11 of the Depositories Act shall be deemed to be a Register of Board may, at any time, give notice requiring any such person to elect either to be Debenture holders for this purpose. registered himself or to transfer the NCDs, and if the notice is not complied with within ninety days, the Board may thereafter withhold payment of interests, bonuses or other 6. Subject to compliance with RBI/SEBI/any other regulatory authority’s moneys payable in respect of the said NCDs, until the requirements of the notice have requirements, NCDs can be rolled over only with the consent of the holders of at been complied with. least 75% of the outstanding amount of the NCDs after providing at least 21 days prior notice for such roll over and in accordance with the Debt Regulations. Our A nomination may be cancelled, or varied by nominating any other person in place Company shall redeem the debt securities of all the debt securities holders, who of the present nominee, by the NCD Holder who has made the nomination, by giving have not given their positive consent to the roll-over. a notice of such cancellation or variation, to the Company in Form No. SH.14. The cancellation or variation shall take effect from the date on which the notice of such &| _ variation or cancellation is received by the Company. rights of the NCD Holders will be as per the terms of the Shelf Prospectus, this Tranche `1 Prospectus and the Debenture Trust Deed to be executed between our For nominations made in dematerialized mode, there is no need to make a separate Company and the Debenture Trustee. nomination with our Company. Nominations registered with the respective Depository Participant of the Applicant would prevail. If the investors require changing their Joint-holders nomination, they are requested to inform their respective Depository Participant. Where two or more persons are holders of any NCD(s), they shall be deemed to hold the = J \ \ in the Articles. Subject to the terms of the Debenture Trust Deed, the Debenture Trustee at its discretion may, or if so requested in writing by the holders of at least three-fourths of the
22 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS outstanding amount of the NCDs or with the sanction of a Special Resolution, passed (c) otherwise induces directly or indirectly a company to allot, or register any &| _ 7 \ NCD Holders to its satisfaction), give notice to the Company specifying that the NCDs liable for action under Section 447.” and/or any particular Series of NCDs, in whole but not in part are and have become due Listing events listed below occurs. The description below is indicative and a complete list of The NCDs offered through the Tranche 1 Prospectus are proposed to be listed on the ! | | U BSE Limited and National Stock Exchange of India Limited. Our Company had made an application to BSE and NSE for in-principle approval and the same was received vide (i) Default in any payment of the principal amount due in respect of any Series of the BSE’s letter ref no. DCS/BM/PI-Bond/3/16-17 dated August 26, 2016 and NSE’s letter NCDs and such failure continues for a period of 30 days; ref no. NSE/LIST/85172 August 26, 2016 respectively. For the purposes of the Issue, (ii) Default in any payment of any instalment of interest in respect of any Series of BSE shall be the Designated Stock Exchange. the NCDs and such failure continues for a period of 15 days; ! &| (iii) Default in any payment of any other sum due in respect of any Series of the NCDs BSE and NSE, our Company will forthwith repay, without interest, all moneys received and such failure continues for a period of 15 days; from the Applicants in pursuance of the Tranche 1 Prospectus. 7 & 7 | by the Company to the Debenture Trustee), or is deemed by a court of competent Our Company shall ensure that all steps for the completion of the necessary formalities jurisdiction under applicable law to be, insolvent or bankrupt or unable to pay for listing and commencement of trading at Stock Exchanges are taken within twelve a material part of its debts, or stops, suspends or threatens to stop or suspend (12) Working Days from the date of closure of the Tranche 1 Issue. payment of all or a material part (in the reasonable opinion of the Debenture Trustee) of, or of a particular type of, its debts; any one or more of the Series, such NCDs with Series(s) shall not be listed. (v) The Company does not perform or comply with one or more of its other material Utilization of Tranche 1 Issue Proceeds obligations in relation to the NCDs and/or under the Debenture Trust Deed and/or i. All monies received pursuant to the Tranche 1 Issue of NCDs to public shall be Security Documents, which default is incapable of remedy or, if in the reasonable transferred to a separate bank account maintained with a Scheduled Bank, other opinion of the Debenture Trustee is capable of remedy, is not remedied within than the bank account referred to in Section 40 of the Companies Act, 2013. 30 days of written notice of such default being provided to the Company by the Debenture Trustee; or ii. Details of all monies utilized out of Tranche 1 Issue referred to in sub-item (vi) Any encumbrance takes possession, or an administrative or other receiver or (i) shall be disclosed under an appropriate separate head in our Balance Sheet an administrator is appointed, of the whole or (in the reasonable opinion of the indicating the purpose for which such monies had been utilised; Debenture Trustee) any substantial part of the property, assets or revenues of the iii. Details of all unutilized monies out of Tranche 1 Issue of NCDs, if any, referred Company, and is not discharged within 45 days. to in sub-item (i) shall be disclosed under an appropriate separate head in our The amount(s) so payable by the Company on the occurrence of one or more Event(s) of Balance Sheet indicating the form in which such unutilised monies have been Default shall be as detailed in the Debenture Trust Deed. If an Event of Default occurs, invested. which is continuing, the Debenture Trustee may, with the consent of the NCD Holders, iv. We shall utilize the Tranche 1 Issue proceeds only upon allotment of NCDs as obtained in accordance with the Debenture Trust Deed, and with prior written notice stated in the Tranche 1 Prospectus and on receipt of 75% of the Base Issue size of to the Company, take action in terms of the Debenture Trust Deed. In the event of a the Tranche 1 Issue; and \ | | v. The Tranche 1 Issue proceeds shall not be utilized towards full or part Bond Trust Deed shall prevail. consideration for the purchase or any other acquisition, inter alia by way of a Trustees for the NCD Holders lease, of any immovable property; however the Tranche 1 Issue Proceeds may be We have appointed Axis Trustee Services Limited to act as the Debenture Trustees used for issuing Loans against securities. for the NCD Holders. We and the Debenture Trustee will execute a Debenture Trust Monitoring & Reporting of Utilisation of Tranche 1 Issue Proceeds Deed, inter alia, specifying the powers, authorities and obligations of the Debenture Trustee and us. The NCD Holder(s) shall, without further act or deed, be deemed to There is no requirement for appointment of a monitoring agency in terms of the SEBI have irrevocably given their consent to the Debenture Trustee or any of its agents or (Issue and Listing of Debt Securities) Regulations, 2008, as amended. Our Board shall monitor the utilization of the proceeds of the Tranche 1 Issue. For the relevant quarters to the NCDs as the Debenture Trustee may in its absolute discretion deem necessary X " " & or require to be done in the interest of the NCD Holder(s). Any payment made by us to ! the Debenture Trustee on behalf of the NCD Holder(s) shall discharge us pro tanto to 1 Issue under a separate head along with details, if any, in relation to all such proceeds the NCD Holder(s). of the Tranche 1 Issue that have not been utilized thereby also indicating investments, if any, of such unutilized proceeds of the Tranche 1 Issue. The Debenture Trustee will protect the interest of the NCD Holders in the event of default by us in regard to timely payment of interest and repayment of principal and . they will take necessary action at our cost. Statement by the Board: < " (i) All monies received pursuant to the Tranche 1 Issue shall be transferred to a Subject to Section 30 of the Companies Act 2013, our Company will issue a statutory separate bank account other than the bank account referred to in Section 40(3) of advertisement on or before the Issue Opening Date. This advertisement will contain the Companies Act 2013 and shall not be utilised for any purpose other than the information as prescribed under Debt Regulations and Companies Act, 2013. a) for adjustment against allotment of securities where the securities have X # / 1 Prospectus with ROC and the date of release of this statutory advertisement will be Tranche 1 Prospectus; or; included in the statutory advertisement. /$ Impersonation received from Applicants in pursuance of the Tranche 1 Prospectus, where ] ] 7" the Company is for any other reason unable to Allot NCDs; Companies Act 2013, reproduced below: (ii) Details of all monies utilized out of the Tranche 1 Issue shall be disclosed under O \ & R 7 purpose for which such monies were utilized; and acquiring, or subscribing for, its securities; or (b) makes or abets making of multiple applications to a company in different names (iii) Details of all unutilized monies out of the Tranche 1 Issue, if any, shall be or in different combinations of his name or surname for acquiring or subscribing & R for its securities; or indicating the form in which such unutilized monies have been invested. SREI INFRASTRUCTURE FINANCE LIMITED 23 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS (iv) the details of all utilized and unutilised monies out of the monies collected in (ii) in unencumbered securities of the Central Government or of any State the previous issue made by way of public offer shall be disclosed and continued Government; to be disclosed in the balance sheet till the time any part of the proceeds of such (iii) in unencumbered securities mentioned in sub-clauses (a) to (d) and (ee) of previous issue remains unutilized indicating the purpose for which such monies Section 20 of the Indian Trusts Act, 1882; such unutilized monies have been invested; 7 under sub-clause (f) of Section 20 of the Indian Trusts Act, 1882; (v) We shall utilize the Tranche 1 Issue proceeds only upon execution of the Debenture Trust Deed as stated in the Shelf Prospectus and on receipt of the (v) the amount invested or deposited as above shall not be used for any minimum subscription of 75% of the Base Issue i.e. ` 1,875 million and receipt purpose other than for redemption of debentures maturing during the year of the listing and trading approval from the Stock Exchanges referred above: Provided that the amount remaining invested or deposited, (vi) The Tranche 1 Issue proceeds shall not be utilized towards full or part amount of the debentures maturing during the year ending on the 31st day consideration for the purchase or any other acquisition, inter alia by way of a of March of that year; lease, of any immovable property. The said Companies (Share Capital and Debentures) Rules, 2014 further provides that $ . ( the amount credited to the Debenture Redemption Reserve shall not be utilised by the The Company undertakes that: company except for the purpose of redemption of debentures. a. Complaints received in respect of the Tranche 1 Issue will be attended to by the Accordingly, our Company is required to create a DRR of 25% of the value of the Company expeditiously and satisfactorily; outstanding NCDs issued through the Issue. b. Necessary cooperation to the relevant credit rating agency(ies) will be extended Jurisdiction in providing true and adequate information until the obligations in respect of the Our Company has in the Debenture Trusteeship Agreement agreed, for the exclusive NCDs are outstanding; | | ' c. Our Company will take necessary steps for the purpose of getting the NCDs are to have exclusive jurisdiction to settle any disputes which may arise out of or in " * | " connection with the Debenture Trust or the NCDs and that accordingly any suit, action Issue Closing Date; or proceedings (together referred to as “Proceedings”) arising out of or in connection ! ] ] &| & with the Debenture Trust Deed and the NCDs may be brought only in the courts in will be made available by our Company to the Registrar to the Issue; Kolkata. e. Our Company will forward details of utilisation of the proceeds of the Tranche 1 Minimum Subscription ] | ^ In terms of the SEBI Debt Regulations, for an issuer undertaking a public issue of - & | debt securities the minimum subscription for public issue of debt securities shall be an annual basis in respect of compliance with the terms and conditions of the 75% of the Base Issue. If our Company does not receive the minimum subscription of Issue as contained in the Tranche 1 Prospectus. 75% of Base Issue i.e. ` 1,875 million, our Company will refund the entire application monies within 12 days from the Issue Closing Date/Tranche 1 Issue Closing Date. If g. Our Company will disclose the complete name and address of the Debenture there is delay in the refund of the application monies, our Company becomes liable to Trustee in its annual report. refund the subscription amount along with interest for the delayed period at the rate # . )(J prescribed under applicable law and in the manner as may be prescribed in accordance The NCDs would constitute direct and secured obligations of ours and shall rank with Section 39(3) of the Companies Act, 2013. pari passu inter se, and subject to any obligations under applicable statutory and/or Under Section 39(3) of the Companies Act 2013 read with Rule 11(2) of the Companies regulatory requirements, shall also, with regard to the amount invested, be secured by (Prospectus and Allotment of Securities) Rules, 2014 if the stated minimum subscription | & to be credited only to the bank account from which the subscription was remitted. as may be decided mutually by our Company and the Debenture Trustee. Our Company To the extent possible, where the required information for making such refunds is will create appropriate security in favour of the Debenture Trustee for the NCD Holders available with the Company and/or Registrar, refunds will be made to the account on the assets adequate to ensure 100% asset cover for the NCDs (along with the interest prescribed. However, where the Company and/or Registrar does not have the necessary due thereon) The claims of the NCD Holders shall be superior to the claims of any information for making such refunds, the Company and/or Registrar will follow the unsecured creditors, subject to applicable statutory and/or regulatory requirements. guidelines prescribed by SEBI in this regard including its circular (bearing CIR/IMD/ J # # DF-1/20/2012) dated July 27, 2012. Regulation 16 of the Debt Regulations and Section 71 of the Companies Act 2013 states DETAILS PERTAINING TO THE COMPANY that any company that intends to issue debentures must create a DRR to which adequate Our Company was originally incorporated in New Delhi on March 29, 1985 by the name debentures. Shri Radha Krishna Export Industries Limited with the Registrar of Companies, Delhi& Haryana, in accordance with the Companies Act 1956 as a Public Limited Company, The Companies (Share Capital and Debentures) Rules, 2014 inter alia provides as ! ! " follows: # " ! $ % R ! ( ) 7 | % % Limited on May 29, 1992 and further changed to Srei International Finance Limited with company available for payment of dividend; "" " + .$ / " " ! " ( (b) the company shall create Debenture Redemption Reserve equivalent to at least International Finance Limited to its existing name Srei Infrastructure Finance Limited ! 0 +33.$ % ! 4 67 ! - debenture redemption commences. ! " : ; 7 " ) 0.$ - ! ! (c) every company required to create Debenture Redemption Reserve shall on or ! ! " OHistory and Main Objects” on page 97 of the Shelf before the 30th day of April in each year, invest or deposit, as the case may be, a $ # $ % QVishwakarma’, 86C, Topsia Road (South), Kolkata 700 046; Tel: maturing during the year ending on the 31st day of March of the next year, in any +91 33 6160 7734; Fax: +91 33 2285 7542; one or more of the following methods, namely:- ( $ % 6A Kiran Shankar Roy Road, Kolkata – 700 001, West Bengal, (i) in deposits with any scheduled bank, free from any charge or lien; India; Tel: +91 33 6499 0230 / 6499 0243; Fax: +91 33 2262 3220; Website: www.srei.com; ( ) : L29219WB1985PLC055352,
24 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
( ( $ % * + . Srei Sl. No. Date of Shareholders’ Alteration of authorized share capital of Infrastructure Finance Limited ‘Vishwakarma’, 86C, Topsia Road (South), Kolkata - Resolution our Company 700 046, Phone: +91 33 6160 7734, Fax: +91 33 2285 8501, Toll Free no. :1800 419 7734, Email-id:[email protected], Website : www.srei.com 4 June 17, 1993 The authorised share capital of our Company (Annual General Meeting) was increased from ` 75.00 million divided CAPITAL STURCTURE into 7.5 million of Equity Shares of `10/- each ` Details of Share Capital to 250.00 million divided into 25 million Equity Shares of `10/- each. The share capital of our Company as at date of the Shelf Prospectus is set forth below: 5 January 30, 1995 The authorised share capital of our Company Share Capital Amount (Extraordinary General was increased from ` 250.00 million divided (in ` Million ) Meeting) into 25 million Equity Shares of `10/- each Authorised Share Capital into ` 4000.00 million divided into 100 million ` ` 10,000.00 of Equity Shares of 10/- each and 15 million 1000,000,000 Equity Shares of 10/- each Preference shares of ` 200/- each. ` 50,000,000 Preference Shares of 100/- each 5,000.00 6 June 20, 1995 The authorised share capital of our Company TotalAuthorised Share Capital 15,000.00 (Extraordinary General was increased from ` 4000.00 million divided Issued and Subscribed Capital and Paid Up Equity Meeting) into 100 million of Equity Shares of `10/- Share Capital each and 15 million Preference shares of ` ` 503,559,160 Equity Shares of `10/- each 5,035.60 200/- each to 7000.00 million divided into 100 million Equity Shares of `10/- each, 15 Paid-up Capital million Preference shares of ` 200/- each, 20 503,086,333* Equity Shares of `10/- each 5,030.90 million Preference shares of ` 100/- each and ` Add : Share Forfeiture Account 1.50 20 million Preference shares of 50/- each. Total 5,032.40 7 March 10, 2005 The authorised share capital of our Company (Extraordinary General " " ww 1975.4 Meeting) Preference shares of ` 200/- each into 300 T " ; QU ( QU ( " million Equity shares of ` 10 each/- and by ; ! " ( " follows: further conversion of 20 million Preference shares of ` 100/- each and 20 million a) + W0 QU ( B ; + W0 G * Preference shares of ` 50/- each into 30 +3 7 ( " ( $ million Preference shares of `100/- each. b) + . 3+ QU ( B ; + . 3+ G The revised authorised capital of our Company March 5, 2011 pursuant to Scheme of Amalgamation, without payment is ` 7,000 million divided into 400 million being received in cash and includes 48,600,000 shares allotted to ‘Srei Equity Shares of `10/- each and 30 million q / R$ Preference Shares of ` 100 each. TT / ! ; ! ) 8 March 4, 2011 (Effective The authorized share capital of our Company 4 A $ Date) Changes in the authorised capital of our Company as on the date of the Shelf existing ` 7000.00 million (divided into 400 Prospectus is set forth below: million Equity Shares of `10/- each and 30 million Preference Shares of ` 100 each) Sl. No. Date of Shareholders’ Alteration of authorized share capital of ` Resolution our Company to 8,100 million divided into 710 million equity shares of ` 10 each and 10 million 1 January 15, 1990 The authorised share capital of our Company preference shares of ` 100 each, pursuant (Extraordinary General was increased from ` 2.45 million divided into ` to the Scheme of Amalgamation of Quippo Meeting) 0.245 million of Equity Shares of 10/- each Infrastructure Equipment Limited into and to `7.00 million divided into 0.7 million of ` with our Company sanctioned by the Hon’ble Equity Shares of 10/- each. High Court at Calcutta vide its Order made on 2 March 19, 1991 The authorised share capital of our Company January 18, 2011 and effective w.e.f. March 4, (Extraordinary General was increased from ` 7.00 million divided into 2011. ` Meeting) 0.7 million of Equity Shares of 10/- each to 9 August 14, 2013 The authorised share capital of our Company `50.00 million divided into 5 million of Equity ` ` (Annual General Meeting) has been increased from 8100.00 million Shares of 10/- each divided into 710 million of Equity Shares of 3 June 7, 1991 The authorised share capital of our Company `10/- each and 10 million Preference shares of (Extraordinary General was increased from ` 50.00 million divided ` 100/- each to ` 15000.00 million divided into Meeting) into 5 million of Equity Shares of `10/- each 1000 million Equity Shares of `10/- each and to ` 75.00 million divided into 7.5 million of 50 million Preference shares of ` 100/- each. Equity Shares of `10/- each.
SREI INFRASTRUCTURE FINANCE LIMITED 25 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS ( ? } [ ( % Date of Allot- Number Face Issue Consideration Nature of allotment ( # . ment of Equity price per (cash or other No. of Eq- Equity Share Equity Share shares per Equity than cash) uity Shares Capital (in `) Premium (`) Equity Share(in Share `) (in `) March 5, 2011 386,941,535 10 - Other than Equity shares issued 503,559,160 5,035,591,600 2,908,643,520 [Ref Note below] Cash pursuant to the Scheme of Amalgamation of Quippo Infrastructure Equipment Limited into and with our Company Total 503,086,333 Note : Pursuant to the Scheme of Amalgamation of Quippo Infrastructure Equipment Limited (Quippo) into and with our Company sanctioned by the Hon’ble High Court at Calcutta, our Company had issued and allotted 294,025,696 Equity Shares of ` 10 each fully paid up of our Company to the shareholders of Quippo based on the share exchange ratio of 27:10, in consideration of the transfer and vesting of all assets and liabilities of Quippo into and with our Company. Further, the Company had issued and allotted 9,29,15,839 Equity Shares of ` 10/- each fully paid up to the equity shareholders of Srei Infra as bonus shares in the ratio of 4 (four) equity shares of `" 7 7 ! `10/- each of Srei Infra held by them as on the record date, by way of capitalization of free reserves, pursuant to the aforesaid Scheme of Amalgamation. Details of Promoter’s shareholding in our Company’s subsidiaries: Other than as referred herein below, our Promoter does not hold any shares in any of our subsidiary companies as on June 30, 2016. Name of Nominee X Name of the Subsidiary Company No. of Shares % of Subsidiary’s Shareholder total share capital Hemant Kanoria* SIFL Srei Capital Markets Limited 100 0.002 Srei Alternative Investment Managers Limited 100 0.04 Controlla Electrotech Private Limited 500 1.42 Quippo Oil & Gas Infrastructure Limited 500 0.0017 Srei Equipment Finance Limited 1 0.00 Srei Infrastructure Bengal Srei Infrastructure Development Limited (Subsidiary of Srei 100 0.20 Advisors Limited Infrastructure Advisors Limited) T/ ; ! " " ( ) " - ( ) " ; $ - # 7 7 =z J =} ( | ; ;9w%< Sl. No. Name of the Director Total No. of Equity Shares % of total number of Equity Shares 1. Mr. Hemant Kanoria 3,80,000 0.08 2. Mr. Sunil Kanoria 18,02,714 0.36 ] ] ] & | ! ! & T Q/ 3 ^ " QU ( { 03 +3 R ! $ 58 As on June 30, 2016, none of our Directors hold any debentures in our Company.
26 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS Number of equity Number held in shares dematerialized form As a % of total Shares held (b) Number of Shares of Shares Number otherwise pledged or encumbered No. (a) As a % of total Shares held (b) ) + . Shares No. (a) Shareholding as Shareholding a % assuming of (as a percentage capital) diluted share (XI)=(VII) + (X). As a % of (A+B+C2) Underlying Outstanding securities (Including Warrants) . (A+B+C) No of Voting RightsVoting No of as a % of Total Number of Voting Rights held in each class of securitiesVoting of Number No of Shares Class XY Class Total Shareholding Shareholding as a % of total no of shares (calculated as per SCRR, 1957) As a % of (A+B+C2) Total No of Total Held (VII) Shares = (IV)+(V)+(VI) No of Shares Underlying Depository Receipts No of Partly paid-up equity shares held No of fully paid up equity shares held 4 3058685591 01 21600 00 21600 0 305868559 0 0 0 60.80 0 305868559 0 21600 0 21600 0 305868559 0.00 60.80 0 0.00 21600 0 0 21600 NA 0 21600 60.80 0 21600 0.00 0.00 0 0 0 0.00 0 0 NA 0 NA 0.00 0.00 0 0 305868559 0 0.00 0.00 0.00 NA NA NA 0 NA 21600 0.00 21600 NA NA 0 No of Shareholders Promoter & Group Non Promoter-Non Public Shares underlying DRs* Shares held by Employees Trusts Total: 51378 503086333 0 0 503086333 100.00 503086333 0 503086333 100.00 0 100.00 0 0.00 0 0.00 499905691 Shareholder (I) (II)(A) (B) (III)(C) Public(C1) (IV)(C2) 51373 (V) 197196174 (VI) 0 (VII) 0 (VIII) 197196174 (IX) 39.20 197196174 0 197196174 39.20 0 (X) 39.20 (XI) 0 0.00 (XII) NA NA (XIII) 194015532 (XIV) *Listing and Trading of GDRs is cancelled w.e.f. May 16, 2016. of GDRs is cancelled w.e.f. Trading *Listing and Category Category of Shareholding pattern of our Company as on June 30, 2016 is set forth below:- pattern of our Shareholding < 4 " J R q ! { 03 +3
SREI INFRASTRUCTURE FINANCE LIMITED 27 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS Top 10 Holders of Equity Shares as on June 30, 2016: Sl. Name of the Shareholder Address of the Shareholder Total No. of Shares No. of Shares in Total Shareholding demat form as a percentage of total number of equity shares 1. Adisri Commercial Private Limited 3, Middle Road, Hastings, Kolkata 700022 30,36,75,845 30,36,75,845 60.36 2. Fidelity Investment Trust Fidelity Citibank N.A. CustodyServices, FIFC-11th 4,29,43,661 4,29,43,661 8.54 Series Emerging Markets Fund Floor, G Block,Plot C-54 and C-55,BKC Bandra-East, Mumbai – 400051 3. BNP Paribas Lease Group 46 - 52 Rue Arago, 92800 Puteaux, France 2,51,54,317 2,51,54,317 5.00 928000 4. Salil Kumar Gupta Jointly With 86C, Topsia Road (South), Vishwakarma, 2,34,45,683 2,34,45,683 4.66 Srinivasachari Rajagopal* Kolkata 700046 5. Milan Commercial Private Limited 216 A J C Bose Road,2nd Floor, Room No 88,54,286 88,54,286 1.76 2C,Kolkata – 700001 6. Subrata Ghosh Plot No-43, MiraniaGarden, 10B, 56,38,750 56,38,750 1.12 TopsiaRoad(East), Kolkata – 700046 7 Amal N Parikh 301 A,3rd Floor,Poonam Chambers 50,00,000 50,00,000 0.99 B Wing Dr. A. B. Road, Worli, Mumbai - 400018 8 Aadi Financial Advisors LLP 17/19, Khatau Building, 44, Bank Street, 32,77,444 32,77,444 0.65 2nd Floor, Fort, Mumbai- 400001 9 Reliance Capital Trustee Co. Ltd-A/C Deutsche Bank Ag, Db House, Hazarimal 30,00,000 30,00,000 0.60 Reliancesmall Somani Marg, P.O.Box No. 1142, Fort, Mumbai - 400001 10 Jai-Vijay Resources Private Ltd 17 / 19,Khatau Building,2nd Floor, 44, 29,40,689 29,40,689 0.59 Bank Street, Mumbai - 400001 T( / " ( q / $ ( q / + . 0 > U " ` 3J6 !! ! ! | " 6 U " { > +3 74 q "" $ ( q / + 0. . W0 U ! .$ | " 6 U " $ 74 ! + . 0 > U " ` 3J6 !! ! ! | " 6 U " $ Top 10 holders of Debt instruments, as on June 30, 2016: (i) 9; J > )(J % Sl. No. Name of Debenture Holders Address of Debenture Holder Amount (` in Million) 1 The Ratnakar Bank Ltd Floor 6th, One Indiabulls Centre Tower 2, 841 Senapati Bapat Marg 990.00 Elphinstone Mumbai 400012 2 APSRTC Employees Provident Fund Trust C\O APSTRC Employees Provident Fund Bus Bhavan (Administrative 980.00 Building) Mushirabad, Hyderabad 500020 3 Life Insurance Corporation Of India | * * & - 666.80 Yogakshema, Jeevan Bima Marg Mumbai 400021 4 United India Insurance Company Limited Investment Department 24 Whites Road Royapettah Chennai 600014 550.00 5 The South Indian Bank Ltd Crescenzo 804 8th Floor B Wing G Block Behind MCA Ground Bandra 500.00 Kurla Complex Bandra E Mumbai 400051 6 Secretary Board of Trustees MPEB Employees Provident Fund Block No. 9, First Floor, Shakti Bhavan, Jabalpur- 482008 400.00 7 Birla Industries Provident Fund 15, India Exchange Place, Kolkata,700001 377.50 8 Syndicate Bank FIM Department, Maker Towers E, II Floor, Cufee Parade Colaba, 350.00 Mumbai-400005 General Insurance Corporation of India Suraksha, 170, J. TATA Road, Church Gate, Mumbai-400020 350.00 9 SPMCIL Employees Provident Fund Trust 16th Floor, Jawahar Vyapar Bhawan, Janpath, New Delhi-110001 300.00 10 KPTCL and Escoms Pension Trust 6th Floor, Kaveri Bhavan, Kempegowda Road, Bangalore, 560009 292.00
? [ <9; J > )(J % Sl. Name of Debenture Holders Address of Debenture Holder Amount No. (` in Million) KSRTC Employees Contributory Provident Fund KSRTC Employees Contributory Provident Fund Trust, Board of Trustees, Provident 1 Trust Fund Transport House, K H Road, Bangalore, 560027 1,948.00 2 Food Corporation Of India CPF Trust Khadya Sadan 13th Floor 16 20 Barakhamba Lane New Delhi 110001 885.00 $ _ - _ & ¡Z¡ $ ' & 3 Bank of India Bandra(East)Mumbai. 400051 750.00 4 Syndicate Bank F I M Department Maker Towers E II Floor Cuffe Parade Colaba Mumbai 400005 650.00 Rajasthan Rajya Vidyut Karamchari Contributory Rajasthan Raiya Vidyut Prasaran Nig Shed No 11 Vidyut Bhavan Jyoti Nagar Jaipur 5 Provident Fund 302005 515.00
28 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
Sl. Name of Debenture Holders Address of Debenture Holder Amount No. (` in Million) Central Bank Of India Treasury Department, Chandramukhi Building,Nariman Point, 6 Central Bank Of India Mumbai 400021 500.00 Treasury Ops Non Slr Desk Corp Off Axis House Level 4 South Block Wadia International 7 Axis Bank Limited Centre P B Marg Worli Mumbai 400025 383.00 Trustee Hindustan Steel Limited Contributory Sail Rourkela Rourkela 769001 8 Provident Fund, Rourkela 330.00 RSRTC Contributory Provident Fund Trust Secretary RSRTC LPF Trust C/O RSRTC, Parivahan Marg Jaipur 302001 330.00 9 Powergrid Employee Provident Fund Trust Saudamini, Plot No 2 Sector 29 Near IFFCO Chowk Gurgaon, Haryana 122001 274.00 th 10 MTNL Employees Provident Fund Trust 4 Floor, Mahanagar DoorSanchar Sadan, 9 CGO Complex, Lodhi Road, New Delhi-110066 269.00 For further details, please refer to section titled “Capital Structure” on page 50 of the Shelf Prospectus.
OUR PROMOTER The Promoter of our Company is Mr Hemant Kanoria. For further details, please refer to section titled “Our Promoter” on page 112 of the Shelf Prospectus. MANAGEMENT $ | # U Name of Directors& DIN Director since D.O.B. Occupation Residential Address Other Directorships Designation Age Salil Kumar Gupta 00651223 April 20, 1991(Chief August 14, 1928 Chartered 538, Jodhpur Park, - (Salil K. Gupta) Mentor w.e.f. April 13, (88) years Accountant Kolkata – 700 068 Chief Mentor, Non- 2004)* Executive & Independent Director Hemant Kanoria 00193015 October 30, 1990 August 05, 1962 Industrialist ‘Kanoria House’, 3 1. Srei Equipment Finance Limited Chairman & Managing (Managing Director (54) years Middle Road, Hastings, 2. India Power Corporation Limited Director w.e.f. May 7, 1994 & as Kolkata – 700 022 3. AO Srei Leasing, Russia Chairman w.e.f. May 14, 4. Indian Chamber of Commerce 2008) Calcutta (Reappointment as 5. Austrian Anadi Bank AG Chairman & Managing Director w.e.f. April 1, 2015) Sunil Kanoria 00421564 July 5, 1989 (Vice May 04, 1965 Industrialist ‘Kanoria House’, 3 1. Srei Equipment Finance Limited Vice Chairman Chairman w.e.f. (51) years Middle Road, Hastings, 2. India Power Corporation Limited Non-Executive Director September 20, 2008) Kolkata – 700 022 3. Upper Ganges Sugar & Industries Limited 4. The Associated Chambers of Commerce and Industry of India 5. AO Srei Leasing, Russia 6. Grupo Empresarial San Jose, S.A. 00022609 January 25, 2003* March 10, 1940 Banker/ “VARENYA”, 1043, 1. GMR Tambaram Tindivanam Rajagopal (S. (76) years Company 10th Main Road, Expressways Limited Rajagopal) Director ~ - 2. GMR Tuni - Anakapalli Non-Executive & Layout, GKVK Post, Expressways Limited Independent Director Bangalore – 560 065 3. National Trust Housing Finance Limited 4. GMR Energy Limited 5. Vivek Private Limited 6. GMR Kamalanga Energy Limited 7. GMR Hyderabad Vijayawada Expressways Private Limited 8. Wisdomleaf Technologies Private Limited 9. GMR Chattisgarh Energy Limited 10.Careercubicle Technologies Private Limited 11.GMR Infrastructure Limited
SREI INFRASTRUCTURE FINANCE LIMITED 29 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
Name of Directors& DIN Director since D.O.B. Occupation Residential Address Other Directorships Designation Age Shyamalendu Chatterjee 00048249 April 29, 2009* December 24, Banker South City Apartments 1. Sahaj e-Village Limited (S. Chatterjee) 1946 17K, Tower - 1, SVC 2. Srei Capital Markets Limited Non-Executive & (69) years – 2 375, Prince Anwar 3. Srei Equipment Finance Limited Independent Director Shah Road Kolkata - 700 068 Dr Punita Kumar Sinha 05229262 May 20, 2013* May 13, 1962 Investment 51 Gate House 1. JSW Steel Limited Non-Executive & (54) years Management Road, Newton MA, 2. The Asia Opportunities Offshore Independent Director Massachusetts, USA, Fund Limited, Cayman Islands 024671320 3. The Asia Opportunities Offshore Master Fund, Cayman Islands 4. Rallis India Limited 5. FINO Pay Tech Limited 6. Sobha Limited 7. Mahindra Intertrade Limited 8. Bharat Financial Inclusion Limited 9. Metahelix Life Sciences Limited 10. Mahindra Two Wheelers Limited 11. Infosys Limited 12. Fair Fax India, Toronto Dr. Tamali Sengupta 00358658 May 01, 2015** September 27, Advocate J-1957, Chittaranjan 1. Access India Advisors Limited Non-Executive 1962 Park, New Delhi 2. SPE Films India Private Limited &Independent Director (53) Years 110019 3. TSG Legal Consulting Private Limited 4. Bally India Private Limited 5. Aria Hotels And Consultancy Services Private Limited Tirumalai 03091352 May 01, 2015** November, 19, Professional 236, SFS Flats, Munirka 1. RAL Consumer Products Limited ( . 1953 Vihar (Opposite JNU), 2. IL&FS Maritime Infrastructure Anandanpillai (62) Years New Delhi- 110067 Company Limited Ranganathan 3. Fairwood Holdings Private (T.C.A. Ranganathan) Limited Non-Executive 4. GVFL Advisory Services Limited &Independent Director Ram Krishna Agarwal 00416964 May 12, 2016*** August 28, 1952 Practising FD - 226, Sector – III, 1. RKA Advisory Services Pvt Ltd Non-Executive Director (63)Years Chartered Salt Lake, Kolkata-700 2. Emami Cement Ltd Accountant 091, West Bengal 3. Bengal NRI Complex Ltd 4. Sistema Shyam TeleServices Ltd 5. South City Projects (Kolkata) Ltd. 6. Electro Steel Castings Ltd 7. Indocean Developers Pvt. Ltd, Sri Lanka For further details please refer to the section titled “Our Management” beginning on page no...... of the Shelf Prospectus ` OUR ASSOCIATES, JOINT VENTURES AND SUBSIDIARY B ) * G Following is a list of subsidiaries of the Company as on June 30, 2016: Particulars Pre Issue as w Srei Capital Markets Limited, Srei Alternative Investment Managers Limited, Srei at March 31, Equipment Finance Limited*, Srei Infrastructure Advisors Limited, Srei Insurance Broking 2016 Private Limited, Controlla Electrotech Private Limited, Quippo Oil & Gas Infrastructure (Audited) Limited, Quippo Energy Limited, Srei Mutual Fund Asset Management Private Limited, Srei Mutual Fund Trust Private Limited, Srei Asset Reconstruction Pvt. Ltd. Long Term 63,261.20 73,261.20 Short Term 82,730.50 82,730.50 LONG TERM DEBT TO EQUITY RATIO Total Outstanding Debt 145,991.70 155,991.70 Debt–Equity Ratio: Shareholders Fund The debt-equity ratio of our Company prior to this Issue is based on a total outstanding Share Capital 5,032.40 5,032.40 debt of `145,991.70million and shareholder funds amounting to `27,651.40million, which was 5.28times, as on March 31, 2016. The debt-equity ratio post the Issue # { (assuming subscription of `10,000million) will be 5.64 times, assuming total outstanding Special Reserve (Reserve Fund as per Section 2,063.90 2,063.90 ` ` debt of 146,991.70million and shareholders’ fund of 27,651.40million as on March 45-IC of Reserve Bank of India Act, 1934) 31, 2016.
30 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
Particulars Pre Issue as w Short-Term Provisions 415.40 384.90 386.30 390.40 461.20 at March 31, 101,652.30 88,585.40 83,201.30 70,141.60 68,157.60 2016 Total 178,543.40 169,143.90 160,537.70 141,907.60 126,922.70 (Audited) ASSETS Income Tax Special Reserve(created pursuant Non-Current Assets to Section 36(1) (viii) of Income Tax Act, 88.60 88.60 Fixed Assets 1961) - Tangible Assets 6,382.70 6,417.10 5,368.80 4,981.20 4,350.90 General Reserve 13,960.40 13,960.40 - Intangible Assets 22.80 29.20 31.10 6.10 8.40 Capital Reserve 194.50 194.50 - Capital Work in Progress 642.50 572.30 312.00 562.70 627.80 Securities Premium Account 1,975.40 1,975.40 Non-Current Investments 27,572.90 28,218.60 26,977.20 27,368.70 26,221.30 Bond/Debt Redemption Reserve 1,624.20 1,624.20 Long-Term Loans and Advances # 5 ] 2,712.00 2,712.00 - Loan Assets 92,815.40 85,693.60 74,675.60 60,347.30 26,541.10 22,619.00 22,619.00 - Other Long-Term Advances 4,754.50 2,887.90 2,721.30 1,123.20 1,126.00 Total Shareholders’ Fund 27,651.40 27,651.40 Other Non-Current Assets 1,070.40 1,538.60 668.70 2,900.50 636.50 Debt-Equity Ratio (Number of times) 5.28 5.64 133,261.20 125,357.30 110,754.70 97,289.70 59,512.00 * / 6 U ) ! \ " Current Assets `10,000million from the proposed Issue in the secured debt category as on March 0 +3 $ / 6 U ) Current Investments 113.10 166.50 3,285.10 3,505.00 220.00 " U A A " $ Trade Receivables 307.90 2,020.20 1,459.10 1,237.50 335.50 Note Cash and Cash Equivalents 5,495.50 3,868.00 2,279.00 221.40 1,493.60 1. Our Company has not issued any debt securities issued for consideration other Short-Term Loans and Advances than cash, whether in whole or part, since its incorporation. - Loan Assets 858.60 2,197.60 720.00 5,424.60 2,766.40 2. Our Company has not, since incorporation, issued any debt securities at a - Other Advances premium or at a discount, or in pursuance of an option. 128.80 452.80 274.20 1,411.50 1,340.20 3. For details of the outstanding borrowings of the Company as on June 30, 2016, Other Current Assets see “Disclosure on Existing Financial Indebtedness” on page no.113of the - Current Maturities of Long-Term 34,606.60 28,210.00 33,820.70 31,043.50 58,820.60 Shelf Prospectus. Loan Assets - Other Current Assets 3,771.70 6,871.50 7,944.90 1,774.40 2,434.40 SUMMARY FINANCIAL INFORMATION 45,282.20 43,786.60 49,783.00 44,617.90 67,410.70 Statement of Assets and Liabilities, As Reformatted Total 178,543.40 169,143.90 160,537.70 141,907.60 126,922.70 ` (in Million) { + " # Particulars As at As at As at As at As at (` in Million) 31.03.2016 31.03.2015 31.03.2014 31.03.2013 31.03.2012 Particulars Year Year Year Year Year EQUITY AND LIABILITIES ended ended ended ended ended Shareholders' Funds 31.03.2016 31.03.2015 31.03.2014 31.03.2013 31.03.2012 Share Capital 5,032.40 5,032.40 5,032.40 5,032.40 5,032.40 INCOME Reserves and Surplus 22,619.00 22,347.80 21,741.90 21,443.00 20,787.70 Revenue from Opera- 18,897.60 18,942.00 17,989.70 16,612.80 11,765.00 27,651.40 27,380.20 26,774.30 26,475.40 25,820.10 tions Non-Current Liabilities Other Income 65.70 58.30 68.80 51.90 41.90 Long-Term Borrowings 47,313.60 51,417.80 49,273.10 44,123.20 31,965.40 Total 18,963.30 19,000.30 18,058.50 16,664.70 11,806.90 Deferred Tax Liabilities (Net) 1,034.30 1,118.20 1,014.40 948.40 798.80 EXPENSES Other Long-Term Liabilities 588.50 400.60 62.30 36.00 83.20 Finance Costs 15,855.10 15,208.40 15,357.80 13,574.10 9,480.00 Long-Term Provisions 303.30 241.70 212.30 183.00 97.60 / $ 456.00 421.20 429.80 437.70 412.60 49,239.70 53,178.30 50,562.10 45,290.60 32,945.00 Expense Current Liabilities Depreciation / Amortisa- 515.60 391.90 261.20 309.60 154.00 tion and Impairment Short-Term Borrowings 82,730.50 72,987.20 69,145.80 57,522.70 58,663.30 Expense Trade Payables Administrative and Other 725.90 694.10 715.50 681.80 453.50 - Due to Micro and Small Enterprises -----Expenses - Due to Others 58.40 317.10 189.60 156.40 26.60 Total 17,552.60 16,715.60 16,764.30 15,003.20 10,500.10 Other Current Liabilities X 1,410.70 2,284.70 1,294.20 1,661.50 1,306.80 - Current Maturities of Long-Term 15,947.60 12,555.00 11,182.40 10,138.20 7,844.50 J { z Borrowings Bad Debts/Advances 27.80 63.40 148.40 12.00 5.00 - Others 2,500.40 2,341.20 2,297.20 1,933.90 1,162.00 written off (net)
SREI INFRASTRUCTURE FINANCE LIMITED 31 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
Provision for Bad Debts/ 470.80 888.10 160.50 279.30 113.70 # U ; ! +3 0 ; R ; Advances case of our Company and all of its subsidiaries Save and except as disclosed Contingent Provisions 85.60 3.60 31.40 16.10 98.60 herein below: against Standard Assets # 4 +3 0 ; Provision for Diminution - 92.70 49.70 - 1.60 R ; " " in Value of Stock for subsidiaries; Trade and Investment # 4 +3 0 ; Loss on Sale of Stock 12.30 41.70 27.90 - - R ; " " for Trade and Investment subsidiaries; and (net) # 4 ! " "" ; +3 0 ; R ; 596.50 1,089.50 417.90 307.40 218.90 " " $ X z 814.20 1,195.20 876.30 1,354.10 1,087.90 Further, save and except as disclosed herein there are no matters likely to affect Tax Expense: " ! # " and there are no such litigation whose outcome could have material adverse effect on -Current Tax 324.10 181.80 215.70 262.00 176.00 our position and involves our Company, our Promoter, our Directors, our Subsidiaries, -Mat Credit Entitlement - - - (7.10) (4.90) ! $ -Deferred Tax (83.90) 104.10 66.00 149.60 119.80 Further from time to time, we have been and continue to be involved in legal Total Tax Expense 240.20 285.90 281.70 404.50 290.90 ! ! ! " $ / ! ! " ; ! $ @ " z - 574.00 909.30 594.60 949.60 797.00 ; " ! J ; ; rent year " " ! ) $ Income tax in respect of - - 1.40 - 217.40 / O P \ earlier years $ ! ! ; " " z 574.00 909.30 593.20 949.60 579.60 revenues of the Company, whether individually or in aggregate, where the aggregate amount involved in such proceedings approximately exceeds ` 300 Earnings per Equity 1.14 1.81 1.18 1.89 1.15 J Share (Basic and Di- luted) (in `) $ @ ! "" ` proceedings, even though the amount involved in single proceeding individually (Par Value 10/- per may not exceed ` 033 J Equity Share) $ @ ! ! ; !! ! - " " O- ( P ( " J ; J " $ $ Applying the aforementioned parameters, in the view of our Company, all pending - ! ! O) %; ; P O% P O: ! proceedings whether civil, arbitral, tax related litigations, or otherwise, of value P O - ) P " ( " $ more than ` 033 J $ LEGAL AND OTHER INFORMATION + % (I) On June 4, 2013 SEBI passed an interim order bearing No. WTM/PS/OS/CFD/ OUTSTANDING LITIGATION AND STATUTORY DEFAULTS JUNE/2013 (“Order”) in respect of rules 19(1) (b) and 19A of the Securities " ( " " 6 " Contracts (Regulation) Rules, 1957 against companies non-compliant with the ! J " minimum public shareholding requirements (MPSR) including India Power # ; ; "" Corporation Limited (formerly DPSC Limited) and its Directors, which includes ! $ Q#cept as described below, there our Promoter and also Mr. Sunil Kanoria, one of our Directors. The Order, inter are no outstanding litigations against our Company that may have an adverse effect alia, prohibits the promoters/promoter group and directors from buying, selling or $ otherwise dealing in securities of their and respective companies, except for the purpose of complying with minimum public shareholding requirement till such ( ; # ! ! J ! time the companies comply with the minimum public shareholding requirement pertaining to: and also restrain the directors of non-complaint companies from holding any # "" " ! new position as a director in any listed company, till such time the companies tax liabilities of any nature; complies with minimum public shareholding requirement. However, the current # criminal prosecution launched against our Company and the Directors for shareholding pattern of India Power Corporation Limited available on the ! "" ! " ) " website of NSE and MCX Stock Exchange Limited (where shares of India Power ( +3 0$ Corporation Limited are listed) shows prima facie compliance by India Power # litigation or legal action pending or taken by any Ministry or Department of Corporation Limited of the MPSR. the Government or a statutory authority against the Promoter during the last (II) Birhanmumbai Municipal Corporation has lodged a FIR bearing no. 2 of 2013 ; ! " ( " J against our Promoter, amongst others under section 53(7) of Maharashtra direction issued by such Ministry or Department or statutory authority upon Regional and Town planning Act 1966 for preventing commercial use of the conclusion of such litigation or legal action; basement and for vacating the premises, which has been leased to First Fitness (India) Private Ltd. at Avantika Building, being basement portion of 46, Dr. # litigation involving our Company, our Promoter, our Director, our Subsidiaries Gopal Rao Deshmukh Marg, (Pedder Road), Mumbai – 400026. Our Promoter and our group companies or any other person, whose outcome could have ! & #& material adverse effect on the position of our Company; Hon’ble High Court at Bombay being Criminal Writ Petition No. 1726 of 2014. # proceedings initiated against our Company for economic offences; The Hon’ble High Court at Bombay has passed an order dated October 8, 2014 # ! " 6 " _ R # matters pertaining to any material frauds committed against our Company in the Court. The matter is pending as on date. ;
32 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS (III) The Enforcement Directorate, Kolkata had conducted proceedings vide show 7 ! & ] # cause notice(s) dated April 12, 2001 bearing reference no. T-3/ FE /85 /CAL before CESTAT, Kolkata. Stay Matter was part heard on March 25, 2015 and the /2000 /DNP /1247 against our Company for certain alleged irregularities in - " foreign exchange transactions during the year 2000 and held our Company and full waiver of Pre-deposit amount. Hearing on merits is awaiting to be heard. /%] 2. Service Tax department has issued a Show Cause Cum Demand Notice (SCN) personal penalty of `2,000,000/- on our Company, `1,000,000/- on our Promoter ` ` for 15,102,000/- with regard to irregular availment of Cenvat Credit and non- & 500,000/- each on two of our employees vide Order No – CIT(A)-11 (SM)/Kol/ payment of service tax on account of advance received from customers for the Adj. Off. (FERA)/2004 dated March 03, 2004/ March 05, 2004. Our Company period comprising of 2011-12 and up to 2014-15. We have paid the admitted ] £ tax amounting to `7,122,000/- along with applicable Interest and penalty. For Appellate Tribunal for Foreign Exchange at New Delhi. The Learned Tribunal has imposed the precondition of paying penalty as pre-deposit before deciding " " the appeal on merits vide order dated March 26, 2008. In the interim, the Hon’ble High Court at Calcutta in Writ Petition no. 10091 of 2008 vide order dated June 3. Service Tax department has issued a Show Cause Cum Demand Notice (SCN) for 5 `89,316,000/- with regard to alleged non-compliance of non-reversal of Cenvat the pre-deposit to `1,000,000/- in aggregate and which was to be furnished by Credit and resulting in short payment of Service Tax u/s 68 of the Finance Act, $ Z ! 1994 for the period comprising of 2011-12 up to 2013-14 and October 2014 to by order dated May 06, 2009 of the Learned Tribunal. The hearings in the said March 2015. matter before the Hon’ble Tribunal have recommenced from November 2015. The 4. The West Bengal Commercial Tax Authorities have rejected our claim of High matter is pending before the Hon’ble Tribunal as on date. Sea Sales in Transfer of Right to use transaction for the period 2010-11 thereby (IV) Based on an inspection of the books of accounts and other records of the raising a basic demand of `16,046,922/- &` 5,096,381/- as interest. The total Company pursuant to Section 209A of the Companies Act 1956, the Regional demand in the matter is ` " " * ] - " Director (Eastern Region) (RD), Ministry of Corporate Affairs, Government ] " of India, Kolkata had sent a Preliminary Finding Report to our Company dated " ] ] August 30, 2008 observing violation of various provisions of the Companies Act demand of `16,046,922/- &`5,096,381/- by way of Interest. Thus, no relief has 1956. The Company had thereafter submitted its explanations to the aforesaid ] ] ] observations. However, the Registrar of Companies, West Bengal issued a notice Appellate Authority on October 21, 2014. The matter is pending. dated October 21, 2008 to launch prosecution proceedings against our Company 5. The West Bengal Commercial Tax Authorities have rejected our claim of High Sea Sales in Transfer of Right to use transaction for the period 2011-12 thereby of the Companies Act 1956 like Sections 125, 153, 205, 209, 211, 212, 217, 269 and raising a basic demand of`14,825,446/- &`4,638,132/- as interest. The total demand in the matter is `19,463,578/-. Order has been received on September 23, offences, if they desire to do so. The Directors and Company Secretary of the " ] ] ] & _ R _ & & 2014. Hearing on merits was held on February 16, 2016. Final Order is awaited. seeking relief under Section 633 of the Companies Act 1956. An Ad-interim 6. The West Bengal Commercial Tax Authorities have rejected our claim of High order of injunction in C.A no. 654 of 2008 / C.P. No. 385 of 2008 restraining the Sea Sales in Transfer of Right to use transaction for the period 2012-13. thereby Regional Director and the Registrar of Companies, West Bengal (jointly referred raising a basic demand of `16,123,162/- The total demand in the matter is ` to as Respondents) from instituting or causing to be instituted any criminal " " " - ~ " " ] ] proceeding against the Directors and Company Secretary of the Company Authority on August 14, 2015. Hearing on merits is awaited. pursuant to said notices dated August 30, 2008 and October 21, 2008 was passed 7. We are involved in 10 disputes pertaining to income tax demands amounting to by the Hon’ble High Court at Calcutta on November 28, 2008. The injunction ` is operative till further orders of the Hon’ble High Court at Calcutta. The last approximately 576,600,000/- as on 31st March, 2016. order dated July 28, 2014 in C.P. No 385 of 2008 adjourned the matter for 4 (four) - & $ weeks. The matter is pending before the Hon’ble Court. (“FBT”) before the Hon’ble High Court at Calcutta. The Hon’ble Court has 7¤ - X $ &# " 7 granted an interim stay on levy of such FBT on Srei Infra. In view of this Srei 397, 398, 399, 402, 403, 406 and 409 of the Act before the Hon’ble Company Infra has not provided for any liability against FBT since the inception of the levy Law Board, Kolkata Bench (“(+X v . ”) against I Log Ports Private Limited up to the date of its abolition i.e. March 31, 2009. (“IPPL”) and others (including our Promoter) alleging acts of oppression and + ( mismanagement by IPPL. The petitioner i.e. Mr Naveen Bansal has approached 7 5 & " " X CLB Kolkata seeking several interim reliefs including injunctions on IPPL from 1063 against Hope Hall Co-operative Housing Society Limited and Birhanmumbai operating bank accounts, holding any board meetings, etc. No amount has been Municipal Corporation, where SIFL has approached the Hon’ble Bombay City claimed. The Hon’ble CLB had passed an order on July 22, 2015 which inter alia Civil court at Bombay seeking relief from unauthorized use of pathway leading to ##5 our premises at Avantika Building, 46, Dr. Gopal Rao Deshmukh Marg, (Pedder in CP No 99 of 2014 shall not sell or alienate such assets without the leave of the Road), Mumbai – 400026 by Hope Hall Co-operative Housing Society Limited. Hon’ble CLB till the next date of the hearing. Thereafter, Mr Naveen Bansal has The matter is pending as on date. This is also in connection with Item No II & # && " " _ R _ disclosed hereinabove under “Litigation Involving our Promoter”. Court at Calcutta against the Directors of I Log Ports Private Limited for alleged violation of the said order passed by the Company Law Board on September (II) Mr Vijay Gopal Jindal, an ex-employee of Srei Alternative Investment Managers 30, 2015. Our Company and our Promoter has been made parties to the said 5 7 ¤ & 5 contempt petition. The said matter has been referred to mediation by the Hon’ble and an application for mandatory and permanent injunction being C.S. (OS) no. High Court at Calcutta by order dated December 15, 2015 for settlement. The 1575 of 2008 along with I.A. No. 9448 of 2008 before the Hon’ble High Court proceedings are pending as on date. of Delhi, at New Delhi against our Company and Srei Alternative Investment Managers Limited (Formerly Srei Venture Capital Limited) alleging that he was z * ( promised 500,000 equity shares at the rate of `100/- per share of our Company. 1. Service Tax Department had issued a Show Cause cum Demand notice (SCN) ] - \ \ for ` 45,000,000/- on April 20, 2012 with regard to availment of Cenvat Credit, & £ ¤&5 considering the observations of auditors appointed u/s 14AA of the Central Excise and evidences by Mr Vijay Gopal Jindal. The matter is being heard and is posted ] " & for hearing in September 2016. The amount involved is not ascertainable. Order-In-Original was received from the Commissioner of Service Tax, Kolkata X ¤ \ Z ~ 7Q# R & 7- ] " " | `15,118,000/- along with 2478 of 2011 before the Hon’ble High Court at Delhi (‘Delhi High Court’) against penalty. Hence, the total Demand raised is ` 30,236,000/- Plus Interest on Service our Company and Srei Alternative Investment Managers Limited (Formerly Srei Venture Capital Limited) (collectively referred to as ‘Defendants’) alleging
SREI INFRASTRUCTURE FINANCE LIMITED 33 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS that he was appointed as the managing director of SVCL and the terms of such termination of arbitration mandate passed by the learned arbitrator was set aside appointment comprised of payment of ` 24,000,000 per annum, entitlement and the Honourable High Court at Calcutta had made an observation that Tuff " ¤&5 ! | # 5 ] media/entertainment funds, payment of `50,000,000 as an advance against the self-same ground for reopening of the arbitration proceedings. The arguments security of properties/shares/other assets and 500,000 equity shares at `100 each have been completed and award is awaited in this matter. Our Company has also of our Company and further alleging that the Defendants did not honour their 5# 7& " " _ R & commitments. In the said Suit, the Plaintiff, has inter alia, prayed for decree against Tuff Drilling Pvt Ltd in relation to the said order dated February, 13, directing the Defendants to make payment of `17,875,000 to the Plaintiff (along 2015. The Registrar of the Hon’ble Supreme Court directed our Company to take with 18% interest per annum), allegedly being the Plaintiff’s salary in lieu of appropriate steps for effecting service on Tuff Drilling Private Limited. The matter compensation for the period July 2008 to July 2009 and for the period August 2009 is pending as on date. ] "" | 7¤ - & - ] " with the Court Registry. The amount involved in the matter is `17,875,000 and Applications before the Hon’ble Debts Recovery Tribunal-I, Kolkata against (1) interest thereon @18% per annum. The matter has been transferred to Court of Gujarat Hydro Carbons and Power SEZ Limited (Defendant No.1), (2) Mr Aditya Learned District and Sessions Judge, Saket and is due for hearing in October Kumar Jajodia (Defendant No.2), (3) Assam Company Limited (Defendant No.3) 2016. and (4) Link Holdings Private Limited (Defendant No.4) for recovery of principal 7 | ] \ 5 7 amount of loan of `1000,000,000/- provided to Defendant No 1 by the Company \ / 5 "" under loan agreement dated 5 January 2011 along with applicable interests under Sections 397, 398, 399, 402, 403 and 406 of the Act read with Sections 235 aggregating to `1214,139,813/-. Settlement has been arrived between the parties & 239 and Sections 539-545 of the Act, before the Company Law Board, Eastern which are recorded in a Debt Repayment and Settlement Agreement (“DRSA”) Region Bench, Kolkata against our Company, our Promoter and erstwhile Srei & ] """ ] "" " Sahaj e-village Ltd. and others alleging oppression and mismanagement. The Hon’ble Tribunal praying that our OA No 477 of 2012 be adjourned sine die till all said Petition is currently pending. The amount involved in the matter is not the defendants have performed their obligations under DRSA further reserving ascertainable. our right to resume present proceeding in case the defendants fail to discharge (IV) K.S. Oil Limited is a Defaulter of Loan extended to it by our Company and as their obligations under the DRSA. 5 & 7¤ - & & " Z ] " & & ~ Honourable High Court at Calcutta against Violet Arch Capital Advisors Pvt. " " 7& " Z ] " & Ltd. & Others for recovery of loan amount of `296,538,579.89 (approximately) an Appeal No. APDT 23/15 & GA 2070/15 before the High Court at Calcutta. in order to implicate its assets on which our Company has a security interest. ] | ~ " Other respondents include Bajpai Capital Advisors and Mr Varun Bajpai. no stay was granted on appropriation of sale proceeds by State Bank of India. Srei Alternative Investment Managers Limited has been added as Performa ~ " " % } Respondent. The Honourable High Court at Calcutta vide ad interim order & dated June 2, 2014 granted injunction on the receivables in Violet Arch Capital X - ~ " & Advisors Pvt. Ltd from BSE Limited and The National Stock Exchange of India Original Application being OA 458/2016 in DRT, Kol-1 against K.S. Oil Limited Limited (being deposits maintained) and refund of Income Tax, which were to be for a claim of Rs. 514.36 crores. The Matter is pending as on date. received by Violet Arch Capital Advisors Pvt. Ltd till disposal of the said suit. 7¤ - & - ] " _ R | % ] X ¤ $ \ Tribunal-I against Deccan Chronicle Holdings Limited (DCHL) and others is `296,538,579.89 (approximately). Our Company has initiated an application for recovery of outstanding dues (along with interest thereon) to the extent of being G.A. No. 2699 of 2014 in C.S. No. 76 of 2014 wherein our Company has ` " - & asked the Hon’ble High Court at Calcutta for appointing a Receiver and Auditor C.A. No(s) 347 & 346 of 2013 before the Honourable High Court at Hyderabad for the purpose of auditing the books of accounts of Violet Arch Capital Advisors \ |&_5 - & ] Pvt. Ltd. and its subsidiary. The matter is pending as on date. No 76 of 2012, I.A. No 261 of 2013, I.A. No. 262 of 2013 and I.A. No 505 of 7 ¦ - & -] " | % ' 2013 before the said Hon’ble Tribunal for attachment before judgment, perjury, against Unitech Limited for recovery of approximately `44,000,000/- after judgment upon admission and for completion Survey of one property at Alwal in adjusting our loan to Unitech Limited of `1500,000,000/- and other amounts O.A. No. 393 of 2012. The said applications are pending as on date. Our Company involving (three) inter corporate deposits of `400,000,000/-, `600,000,000/- and &] " " _ R _ & _ `500,000,000/- aggregating to `1500,000,000/- given by Unitech Developers scheme of compromise and arrangement between DCHL and its creditors and and Projects Limited to our Company. Unitech Developers and Projects Limited |&_5 - & 7 ] & ] criminal compliant being Case No C-15890 under Section 156 of CrPC before the 1996 before the Honourable High Court at Calcutta being AP No. 955 of 2015, 16th M.M Court, Calcutta (Bankshall Court) and in relation to the same, Hare AP No. 956 of 2015 and AP No. 957 of 2015 which have been disposed off by Street PS Case no 381/13 has been lodged against DCHL and others. All the an order dated July 21, 2016. Further, Unitech Developers and Projects Limited matters are pending as on date ]# " " ]# " " ]# " " (VI) Our Company had initiated arbitration proceedings against Tuff Drilling Private Section 11 of the Arbitration and Conciliation Act, 1996 against our Company Limited and others, claiming our outstanding dues along with interest thereon, before the Hon’ble High Court at Calcutta for appointment of arbitrator and by an aggregating to approximately ` - % order dated 29th June, 2016 a Sole Arbitrator has been appointed. The Arbitration Claim in June, 2014 claiming `656,300,000/-. Arbitration Award dated May 16, proceedings have commenced in August 2016 and the matters are pending as on 2016 has been published in favour inter Alia with an Award of `656,300,000/- date. alongwith interest. Counter claim of Tuff for`870,000,000/- has been rejected. 7¦ - & -] " | % ] ]# " Tribunal-I, Kolkata against ARSS Infrastructure Projects Limited and its being one Sachanand Ladhaniand another appeal being AP 699 of 2016 has been shareholders/obligors namely Subhas Agarwal, Anil Agarwal, Sunil Agarwal, | # 5 Mohanlal Agarwal and Rajesh Agarwal for recovery of loan amount of the Hon’ble High Court at Calcutta challenging the aforesaid award. In relation `552,330,000/- plus interest at the rate of 16% per annum. The matter is pending to a further arbitration initiated by Tuff Drilling Private Limited, the Learned & _ _ Arbitrator terminated the reference with an order and thereafter, Tuff Drilling Court at Odisha being COPET 104/2014 for winding up of ARSS Infrastructure # 5 \ Projects Limited. The matter is pending since date. | # 5 _ _ 7¦ - & | & - " £ Z] - " Court at Calcutta and an order was passed on February 13, 2015 by the Hon’ble /2015 against Transtel Infrastructure Ltd & Ors before the Hon’ble High Court of High Court at Calcutta in C.O. No. 3190 of 2012 pursuant to which the order of Calcutta for inter alia, seeking injunction on the defendant not to dilute or alter the nature and character of the pledged securities, appointment of auditors for
34 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS investigating the books of account, etc. in relation to repayment by the defendant `10,000,000/ by December 31, 2015 and the remaining balance `28,100,000/- to and other entities forming part of the defendant’s group of an amounts to of " " ] ]~¤5 ]#- approximately `923,200,000/-. By an order dated June 15, 2015 an order was - " Z] " _ R & passed by the Hon’ble High Court of Calcutta disposing off our application and against the said order dated December 23, 2015. In A.P No 113 of 2016, an order ] " was passed on February 25, 2016, pursuant to which SIFL would be entitled to from diluting the percentage of the shares pledged in favour of our company under take steps against AJVL in terms of the default clause in the said loan agreement the loan agreement without the leave of the Hon’ble High Court of Calcutta. An if there is any further default by AJVL in making over payment to SIFL in the | " ]~¤5 for hearing. The matter is pending. an application under Section 9 of the Indian Arbitration and Conciliation Act, 7¦ - & | & " " Z] 1996 being A.P. 214 of 2016 inter alia seeking extension of time to pay amount as No. 1504 of 2015 against Supreme Infrastructure BOT Private Ltd., Supreme per orders dated December 23, 2015 and February 25, 2016. The total receivables Infrastructure India Limited and others before the Hon’ble High Court of from AJVL was approximately `335,200,000/- out of which approximately Calcutta seeking, inter alia, injunction on the defendant and others to dilute ` ]~¤5 their shareholding in the shares of the companies which are pledged with our section 11 of the Arbitration and Conciliation Act, 1996 being AP 6 of 2016 before Company. An order was passed by the Hon’ble High Court of Calcutta on the Hon’ble High Court at Calcutta and an Arbitrator has been appointed. The May 6, 2015 restraining only defendant no. 1 i.e. Supreme Infrastructure BOT ] ] ] " ] # "" " Private Ltd. from diluting the percentage of shares pledged in the favour of our A.P. 214 of 2016, APOT 88 Of 2016 (with GA 880 of 2016), OA No 559 of 2015, company under several loan agreements. Our Company has preferred an appeal T.A No 170 of 2015 and the said arbitration proceedings are pending as on date. being APOT 202/2015 and GA 1589/2015 with CS 104/2015. An order was 7¦¤ - 5 \ §& 7- " passed in APOT 202/2015 in our favour, inter alia restraining the respondent with IA 14394/2015, IA 14395/2015 and IA 14396/2015] before the Hon’ble nos. 1 to 5 from dealing with the pledged shares in any manner, till disposal of High Court at Delhi against ATEN Capital Pvt Ltd, (Def No. 1) and others. Our our suit pending before Hon’ble High Court at Calcutta. In the interim, in CP. Company, Unitech Developers & Projects Limited, Unitech Realty & Project No 558 of 2014, C.P No 605 of 2014, C.P. No 780 of 2014 and related matters Limited, Unitech Corporate Parks PLC and ATEN Portfolio Managers Pvt Ltd. 5 are Defendant Nos (2), (3), (4), (5), (6) and (7), respectively. Injunction has been the Hon’ble High Court of Bombay, the Hon’ble Court directed winding up of sought on inter alia release of `2430,000,000/- by Defendant No. 1. Our Company Supreme Infrastructure India Limited vide order dated December 22, 2015. The | " "" &#& Joint Lenders Forum moved an application being G.A. 3651 of 2015 before the of annexures. The present suit has been transferred to Saket District Courts under Hon’ble High Court at Calcutta for intervention and for stay of the proceeding till the jurisdiction of District Judge, South. The matter is pending as of date. disposal of the said application. On 25 January, 2016, the Hon’ble Court observed 7¦¤ - & | % ' the aforesaid order passed by the Hon’ble High Court at Bombay. As per order being OA No. 408 of 2016 and Dy. No. 504 of 2016 against Sterling SEZ and of the Hon’ble High Court at Calcutta dated January 25, 2016 our Company has Infrastructure Limited and others, inter alia, claiming a sum of `3378,000,000/-. _ R _ & $ &] " Matter is pending as on date. 2016 to seek leave to continue with our Suit. Our Company has a total exposure of approximately `1900,000,000/- in Supreme Infrastructure BOT Private Ltd and 7¦¤ - & | % ' its group companies. The matters are pending. being OA No. 421 of 2016 and Dy. No. 520 of 2016 against Sterling Port Limited and others, inter alia, claiming a sum of `78.36 Crores. Matter is pending as on 7¦ - & *# """" 7* " } date. and National Institute of Electronics and Information Technology praying that no coercive steps should be taken by National Institute of Electronics + =`+ ( and Information Technology (viz. invocation of bank guarantees given by our (I) Atlanta Limited and Mr Rikiin Rajhoo Bbarot (director of Atlanta Limited) Company with respect to the services) and payments amounting to approximately & # " " "" `112,300,000/- in relation to services provided by our Company in relation to Honourable High Court of Bombay against Srei Equipment Finance Limited, “Providing Managed Data Digitization Services for the Creation of National our Promoter and others, alleging violation of consent terms in Suit No 1195 of Population Register (NPR) for Usual Residents of Rural Areas in India” in Uttar "" 75 "" "" ] 5 Pradesh, Bihar, Assam and others, are paid. The matter is pending. Srei Equipment Finance Limited and our Company, before the Honourable High 7¦ ¤ - & /5 & " _ Court at Bombay for release of certain number of shares which were pledged in High Court at Calcutta against Microsoft Corporation and Others for inter alia, favour of Srei Equipment Finance Limited by the said Mr Rikiin Rajhoo Bbarot a decree of `285,135,900,000/- along with interest at the rate of 18% per annum, for loans taken by Atlanta Limited. Atlanta Limited has further alleged that as being damages on account of losses suffered by our Company due to alleged part of the consent terms in which it was agreed inter alia that the respondents harassing and surreptitious actions of Microsoft Corporation and Others. in Suit No 1195 of 2011 shall not institute any fresh complaint/ proceedings against Atlanta Limited and it is further alleged that Srei Equipment Finance (XV) Our Company has instituted one recovery proceeding being OA No 559 of 2015 Limited, regardless of the terms of the consent terms had informed CIBIL of against Amrit Jal Ventures Limited (“AJVL”) before Debts Recovery Tribunal ` the repayment defaults of Atlanta Limited. As such Atlanta Limited and Mr. – I, Kolkata for inter alia defaults in repayment of 335,200,000/- under Rupee % % \ $ 7 ] 5 & # Loan Agreement dated April 19, 2011. By an order dated November 30, 2015, No 57 of 2012 against Srei Equipment Finance Limited and other directors of Srei the said Tribunal was pleased to pass an interim order which required AJVL ` Equipment Finance Limited and that our Promoter is also one of the parties. In to set aside an amount of 300,000,000/- out of the receivables from foreign ] 5 " investors. Pursuant to the said order dated November 30, 2015, AJVL preferred Srei Equipment Finance Limited and others (including our promoter) claiming an appeal being T.A No 170 of 2015 before the Debts Recovery Appellate damages to the extent of `500,000,000/- alleging wrongful lodging of incorrect Tribunal challenging the same. The appeal has not been admitted. Thereafter and false compliant with CIBIL and the damages caused as a result thereto. The ]~¤5 ] # " " ] # X " No. 1557 of 2015, A.P No. 1364 of 2015, A.P No 1377 of 2015, A.P No. 1599 dismissed vide order dated July 25, 2013 of Honourable High Court of Bombay. of 2015, A.P. 6 of 2016, A.P. 214 of 2016 and A.P No 113 of 2016 against our Both the Contempt Petition No 57 of 2012 and Civil Suit No 2560 of 2012 are Company before the Hon’ble High Court at Calcutta seeking various reliefs u/S 9 pending as on date. of the Arbitration and Conciliation Act, 1996 from time to time like extension of time to make payments, appointment of arbitrator, etc. All the above mentioned (II) SEFL has initiated arbitration proceedings against Supreme Infrastructure India arbitration petitions been disposed of or dismissed, save and except A.P No 113 Limited to recover outstanding dues of approximately `971,500,000/- under of 2016, A.P. No 6 of 2016 and A.P. No 214 of 2016. In A.P No. 1599 of 2015, an agreement bearing no. 62683 dated May 31, 2014. The matter is pending as on order was passed on December 23, 2015 by the Hon’ble High Court at Calcutta date. disposing off the said matter with further directions on AJVL to inter alia pay
SREI INFRASTRUCTURE FINANCE LIMITED 35 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS (III) SEFL has initiated 2 (two) arbitration proceedings against Nirmal Lifestyle (XVI) SEFL has initiated numerous cases under section 138 of the Negotiable Limited to recover aggregate outstanding dues of approximately `1128,300,000/- Instruments Act, 1881, against its customers to recover money due under under agreements bearing nos. 61218 and 61134 both dated April 3, 2014. The dishonoured cheques which were presented to SEFL. These cases are pending matters are pending as on date. across different courts in India. SEFL has also initiated several arbitration (IV) SEFL has initiated an arbitration proceeding against Saket Highways Limited proceedings against defaulting customers. These proceedings are pending before to recover outstanding dues of approximately `319,200,000/- under agreement various arbitrators. In cases where the arbitral award was passed in favour of bearing no. 69818 dated Sep 3, 2014. The matters are pending as on date. /5 execution petitions pending for attachment of certain property or for issuance of (V) SEFL has initiated an arbitration proceeding against Arshiya Rail Infrastructure warrants before several courts in India. Limited to recover outstanding dues of approximately `397,700,000/- under agreement bearing no. 42480 dated November 30, 2013. The matter is pending as 7¦¤ /5 " ] on date. and Conciliation Act, 1996 for restraining customers from disposing of certain property during the pendency of the arbitration proceedings. (VI) SEFL has initiated an arbitration proceeding against Marg Limited to recover outstanding dues of approximately `350,300,000/- under agreement bearing no. $ ( + J =`+ 44492 dated June 22, 2013. The matter is pending as on date. (I) One Somnath Chakraborty being a partner of Bhagawati Infrastructure had (VII) SEFL has initiated arbitration proceedings against Partha De, the proprietor of lodged one FIR bearing 118/2014 at the Electronic Complex Police Station against M/s Green Concretex claiming outstanding dues along with interest thereon, Mr. Hemant Kanoria, Rohit Chawla and 2 (two) employees of SEFL for offences which aggregates to approximately `311,700,000/- under agreement bearing no. alleged under sections under sections 420/409/467/468/471/120B of IPC. Rohit 49828 dated September 22, 2013. Additionally an application under Section 9 & 7 /5 ! & % % of Arbitration and Conciliation Act 1996 being A.P. No 1464 of 2014 has been 510 of 2015 before the Honorable High Court at Calcutta and an order had been _ R _ & & /5 # | passed on February 18, 2015 granting interim stay on all further proceedings in proprietor of M/s Green Concretex. Both the proceedings are pending as on date. the said FIR. The matter is pending. (VIII) SEFL has initiated an arbitration proceeding against one M/s National (II) One S. Papa Rao, pursuant to an order of the XI Additional Chief Metropolitan Construction Company and its partners namely Khimji H. Patel, Bhikalal K. Patel Magistrate at Secunderabad under Section 200/156(3) of CrPC had lodged FIR and Ramesh Khimji Patel, claiming outstanding dues along with interest thereon, No 163 of 2012 before Begumpet Police Station against SEFL, Sunil Kanoria, 5 which aggregates to approximately `430,800,000/- under agreement bearing no. executives of SEFL and Others for offences alleged under section 406/409/419/420 39267 dated March 14, 2013. An award has been passed in favour of SEFL and an of IPC who had thereafter approached the Honorable High Court at Hyderabad / " `354,000,000/- at for quashing under CRL.P.No.1007 of 2013 and an order dated February 18, 2013 # | & & ] 7% ] /5 granting interim stay of all further proceedings in the above FIR was passed. S. a criminal complaint under Section 200 of CrPC before the Court of the Learned Papa Rao, had further pursuant to an order of the Chief Metropolitan Magistrate Chief Metropolitan Magistrate at Bankshall against M/s National Construction at Hyderabad under Section 200/156(3) of CrPC lodged FIR No 351 of 2014 Company and its partners namely Khimji H. Patel, Bhikalal K. Patel and Ramesh before Police Station, Humayun Nagar against Hemant Kanoria and one more Khimji Patel for offences alleged under sections 406/420/467/471 read with executive of SEFL for offences alleged under section 120B/406/420 of IPC who Section 34 of IPC, pursuant to which warrants have been issued against the said had thereafter approached the Honorable High Court at Hyderabad for quashing accused. The matter is pending. under CRL.P.No.15713 of 2014 and an order dated December 18, 2014 granting interim stay of all further proceedings in the above FIR was passed. The matters (IX) SEFL has initiated arbitration proceedings against one ARSS Limited, claiming are pending. outstanding dues along with interest thereon, which aggregates to approximately `1,925,700,000/- under agreement bearing no. 50430 dated September 3, 2013. (III) One GGS Infrastructure Private Limited had pursuant an order of the Sub- The matter is pending as on date. Divisional Judicial Magistrate, Bhubaneshwar under Section 156(3) of CrPC had lodged ICC No 5388 of 2013 before Shaheed Nagar Police station against (X) SEFL has initiated arbitration proceedings against one Kalinga Commercial /5 ' 7 /5 7 Ltd. claiming outstanding dues along with interest thereon, which aggregates to ` alleged under section 392/395/324/327/294/506 read with Sections 25,27 and 34 approximately 240,200,000/- under agreements bearing nos. 70357 and 70350 #& # ] both dated September 1, 2014. The matter is pending as on date. is pending. (XI) SEFL has initiated arbitration proceedings against one Murtuza Nettarwala, (IV) One Mohan Singh Chundawat has lodged one FIR being 18/2014 before claiming outstanding dues along with interest thereon, which aggregates to ` Ambamata Police Station, Rajasthan against Hemant Kanoria and others alleging approximately 498,000,000/- under an undated agreement bearing no. 93536. offences under sections 420/406/467/468/470/120B of IPC. The matter is pending. The matter is pending as on date. 7¤ - $ /5 X % 5 (XII) SEFL has initiated arbitration proceedings against one Jai Hind Projects Ltd, no. C.C. No. 366/SW/2015 before the Court of Ld. Metropolitan Magistrate 67th claiming outstanding dues alongwith interest thereon, which aggregates to ` Court at Borivali, Mumbai under Section 156 of CrPC against the Promoter and approximately 637,400,000/- agreement bearing no. 39692 dated January 1, & 2013. The matter is pending as on date. pursuant to which an order was passed on October 13, 2015 for investigation. A (XIII) SEFL has initiated two separate arbitration proceedings against Gammon India * # *# " /5 Ltd., claiming outstanding dues alongwith interest thereon, which aggregates to before the Hon’ble High Court at Bombay for quashing of the said complaint and approximately `328,800,000/- and `308,600,000/- under agreements bearing nos. the Hon’ble court has ordered that no coercive action would be taken. The matters 41324 and 39393 dated April 2, 2013 and June 15, 2011, respectively. The matter are pending. is pending as on date. 7¤ - /5 && && (XIV) SEFL has initiated arbitration proceedings against one Essar Projects India 107/2015 (PS Case No. 12/2014) under Section 200 CrPC before III Additional Ltd claiming outstanding dues alongwith interest thereon, which aggregates to Senior Judge & Chief Judicial Magistrate, Dharwad alleging Mr Sunil Kanoria approximately `1,815,700,000/- and `1,067,300,000/- under agreement bearing and others for offences under sections 403, 405, 409, 415, 418, 420, 421, 423, nos. 66738, 75885 and 71073 all dated July 3, 2014 and agreement bearing no. 424, 441, 503 r/w 34 of IPC. Mr Sunil Kanoria and other employees of SEFL 76767 dated February 3, 2015. The matters are pending as on date. & #& &%5 # """ (XV) SEFL has initiated one winding up proceeding against one Sai Info System before the Hon’ble High Court at Karnataka at Dharwad. An interim stay has India (Private) Limited being CP No. 59 of 2014 before the Hon’ble High Court been granted in CRL.P No. 101078/15 vide order dated July 29, 2015 and which at Gujarat claiming outstanding dues of `523,700,000/- approximately under has been extended from time to time. The matter is pending. agreements bearing nos. 23344 and 38822 dated May 1, 2012 and March 19, 2013, Other Criminal Litigations in SEFL respectively. The matter is pending as on date. SEFL and some of its employees are party to certain criminal cases pending before
36 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS cheating, fraud, defamation, illegal repossession of the vehicles, theft, insurance claims - & "" MATERIAL DEVELOPMENTS sections 403, 406, 417, 420, 418, 465, 468 and 471 of IPC either in the form of complaint In the opinion of the Board, other than as disclosed in the Shelf Prospectus, there has not before the sessions court(s) of relevant jurisdictions or as complaint(s) u/S 156(3) of CrPC or u/S 200 of CrPC. & There are several cases wherein applications have been for quashing of complaints and to pay our material liabilities over the next 12 months. % * us is used for carrying illegal goods. There are some cases of assault, kidnapping and OTHER REGULATORY AND STATUTORY DISCLOSURES & Authority for the present Issue /5 /5 % The shareholders of our Company, subject to the Memorandum and Articles of against customers on account of loan defaults, cash misappropriation, cheating, forgery, Association, have passed a resolution under Section 180(1)(c)of the Companies Act2013, & /5 at the Annual General Meeting held on August 02, 2014which prescribes the maximum under section 420 of the CrPC for the criminal breach of trust and misappropriation of monetary limit for the purpose of borrowing. The aggregate value of the NCDs offered /5 under the Shelf Prospectus, together with the existing borrowings of our Company, is the CrPC for quashing of complaints across different high courts and magistrate courts. within the approved borrowing limits of `2,50,000 million. The Issue of NCDs offered SEFL has also initiated certain complaints for matters including missing equipment, to the public under the Shelf Prospectus in one or more Tranche Issues, is being made theft and defamation. pursuant to resolution passed by the Board of Directors of our Company at its meeting /5 % " " " held on February 11, 2016. Halasur P.S. Bangalore City against one of its employee Mr Munikishore Challa, who =X ! = ( had been working with our Company as credit manager since March 10, 2014 and has been alleged for misuse of Company’s documents as well as for wrongfully collecting Our Company, persons in control of the Company and/or our Promoters have not been money from our Company’s customers during credit appraisal process(es). restrained, prohibited or debarred by SEBI from accessing the securities market or dealing in securities and no such order or direction is in force. Further, no member + X . + of our promoter group has been prohibited or debarred by SEBI from accessing the $ # 5 7 $#5 & " securities market or dealing in securities due to fraud. 2014 against National Insurance Company Limited inter alia praying for a decree for Disclaimer clause of SEBI a sum of `" $#5 respondent in providing incorrect information to IRDA in trying to shift the liability IT IS TO BE DISTINCTLY UNDERSTOOD THAT SUBMISSION OF OFFER of its employees and wrongdoings onto SIBPL and such other breach, thereby causing DOCUMENT TO THE SECURITIES AND EXCHANGE BOARD OF INDIA revenue loss, loss or reputation and/or goodwill and continuing business loss of SIBPL. (SEBI) SHOULD NOT IN ANY WAY BE DEEMED OR CONSTRUED THAT ] $#5 _ R _ & & THE SAME HAS BEEN CLEARED OR APPROVED BY SEBI. SEBI DOES in November 2015, to claim of `5136,600,000/- which was allowed on June 6, 2016 by NOT TAKE ANY RESPONSIBILITY EITHER FOR THE FINANCIAL the Hon’ble High Court at Calcutta to include and/or add to the earlier claim a sum of SOUNDNESS OF ANY SCHEME OR THE PROJECT FOR WHICH THE `739,852/- which has been paid to IRDA at the time of renewal of License. The matter ISSUE IS PROPOSED TO BE MADE OR FOR THE CORRECTNESS is pending as on date. OF THE STATEMENTS MADE OR OPINIONS EXPRESSED IN THE OFFER DOCUMENT. THE LEAD MERCHANT BANKERS BEING Regulatory proceedings against our Company and subsidiaries ICICI SECURITIES LIMITED, A. K. CAPITAL SERVICES LIMITED, The Company and its subsidiaries in the normal course of business receives or has EDELWEISS FINANCIAL SERVICES LIMITED, IIFL HOLDINGS LIMITED, received from various statutory authorities including the Ministry of Corporate Affairs KARVY INVESTOR SERVICES LIMITED, SREI CAPITAL MARKETS calling for various information and explanations from time to time and the same has LIMITED, TRUST INVESTMENT ADVISORS PRIVATE LIMITED AND been duly replied to. YES SECURITIES (INDIA) LIMITED HAVE CERTIFIED THAT THE Regulatory proceedings against our Company’s subsidiaries DISCLOSURES MADE IN THE OFFER DOCUMENT ARE GENERALLY ADEQUATE AND ARE IN CONFORMITY WITH THE SEBI (ISSUE AND Insurance Regulatory and Development Authority vide letter dated June 8, 2010 ` LISTING OF DEBT SECURITIES) REGULATIONS, 2008 IN FORCE FOR bearing reference no. IRDA / CB 183 / 03 has levied a penalty of 25,000/- on Srei THE TIME BEING. THIS REQUIREMENT IS TO FACILITATE INVESTORS Insurance Broking Private Limited which has been duly paid by Srei Insurance Broking TO TAKE AN INFORMED DECISION FOR MAKING INVESTMENT IN THE Private Limited. PROPOSED ISSUE. Insurance Regulatory and Development Authority vide letter dated May 29, 2014 ` IT SHOULD ALSO BE CLEARLY UNDERSTOOD THAT WHILE THE bearing reference no. IRDA/CB 183/03 has levied penalty of 739,852 on Srei Insurance ISSUER IS PRIMARILY RESPONSIBLE FOR THE CORRECTNESS, Broking Private Limited and the same has been duly paid. ADEQUACY AND DISCLOSURE OF ALL RELEVANT INFORMATION $ ( $ IN THE OFFER DOCUMENT, THE LEAD MERCHANT BANKERS ARE Our Company has initiated numerous cases under section 138 of the Negotiable EXPECTED TO EXERCISE DUE DILIGENCE TO ENSURE THAT THE Instruments Act, 1881, against our customers to recover money due under dishonoured ISSUER DISCHARGES ITS RESPONSIBILITY ADEQUATELY IN THIS cheques which were presented to the Company. These cases are pending across different BEHALF AND TOWARDS THIS PURPOSE, THE LEAD MERCHANT courts in India. Our Company has also initiated several arbitration proceedings against BANKERS HAVE FURNISHED TO SEBI A DUE DILIGENCE CERTIFICATE defaulting customers. These proceedings are pending before various arbitrators. In cases DATED AUGUST 31, 2016 WHICH READS AS FOLLOWS: 1. WE CONFIRM THAT NEITHER THE ISSUER NOR ITS PROMOTERS to execute the awards and have several execution petitions pending for attachment of OR DIRECTORS HAVE BEEN PROHIBITED FROM ACCESSING certain property or for issuance of warrants before several courts in India. We have THE CAPITAL MARKET UNDER ANY ORDER OR DIRECTION ] & ] " PASSED BY THE BOARD. WE ALSO CONFIRM THAT NONE OF THE restraining customers from disposing of certain property during the pendency of the INTERMEDIARIES NAMED IN THEOFFER DOCUMENTHAVE BEEN arbitration proceedings. DEBARRED FROM FUNCTIONING BY ANY REGULATORY AUTHORITY. * J X * 9 ;9 2. WE CONFIRM THAT ALL THE MATERIAL DISCLOSURES IN RESPECT In the opinion of the Board, other than as disclosed in the Shelf Prospectus, there has not OF THE ISSUER HAVE BEEN MADE IN THE OFFER DOCUMENTAND CERTIFY THAT ANY MATERIAL DEVELOPMENT IN THE ISSUE OR & RELATING TO THE ISSUE UP TO THE COMMENCEMENT OF LISTING ability to pay our material liabilities over the next 12 months. AND TRADING OF THE NCDs OFFERED THROUGH THIS ISSUE SHALL BE INFORMED THROUGH PUBLIC NOTICES/ ADVERTISEMENTS IN ALL THOSE NEWSPAPERS IN WHICH PRE-ISSUE ADVERTISEMENT
SREI INFRASTRUCTURE FINANCE LIMITED 37 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS AND ADVERTISEMENT FOR OPENING OR CLOSURE OF THE ISSUE (HEREINAFTER REFERRED TO AS NSE). NSE HAS GIVEN VIDE ITS HAVE BEEN GIVEN. += =# #=` % ) =!+ !9 J" =J " \ ;9 =#* $) 3. WE CONFIRM THAT THE OFFER DOCUMENTCONTAINS ALL TO THE ISSUER TO USE THE EXCHANGE’S NAME IN THIS OFFER DISCLOSURES AS SPECIFIED IN THE SECURITIES AND EXCHANGE DOCUMENT AS ONE OF THE STOCK EXCHANGES ON WHICH THIS BOARD OF INDIA (ISSUE AND LISTING OF DEBT SECURITIES) ISSUER’S SECURITIES ARE PROPOSED TO BE LISTED. THE EXCHANGE REGULATIONS, 2008 AS AMENDED. HAS SCRUTINIZED THIS DRAFT OFFER DOCUMENT FOR ITS LIMITED INTERNAL PURPOSE OF DECIDING ON THE MATTER OF GRANTING 4. WE ALSO CONFIRM THAT ALL RELEVANT PROVISIONS OF THE THE AFORESAID PERMISSION TO THIS ISSUER. COMPANIES ACT, 2013 (TO THE EXTENT NOTIFIED AS ON THE DATE OF THE OFFER DOCUMENT), SECURITIES CONTRACTS, (REGULATION) IT IS TO BE DISTINCTLY UNDERSTOOD THAT THE AFORESAID ACT, 1956, SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992 PERMISSION GIVEN BY NSE SHOULD NOT IN ANY WAY BE DEEMED AND THE RULES, REGULATIONS, GUIDELINES, CIRCULARS ISSUED OR CONSTRUED THAT THE OFFER DOCUMENT HAS BEEN CLEARED THEREUNDER ARE COMPLIED WITH, IN RELATION TO THE ISSUE, OR APPROVED BY NSE; NOR DOES IT IN ANY MANNER WARRANT, PLEASE NOTE THE FOLLOWING: CERTIFY OR ENDORSE THE CORRECTNESS OR COMPLETENESS OF ANY OF THE CONTENTS OF THIS OFFER DOCUMENT; NOR DOES IT AS PER THE REQUIREMENTS OF SECTION 39 (3) OF THE COMPANIES WARRANT THAT THIS ISSUER’S SECURITIES WILL BE LISTED OR WILL ACT, 2013 READ WITH RULE 11(2) OF THE COMPANIES (PROSPECTUS CONTINUE TO BE LISTED ON THE EXCHANGE; NOR DOES IT TAKE ANY AND ALLOTMENT OF SECURITIES) RULES, 2014, IF THE COMPANY RESPONSIBILITY FOR THE FINANCIAL OR OTHER SOUNDNESS OF DOES NOT RECEIVE THE MINIMUM SUBSCRIPTION AMOUNT THIS ISSUER, ITS PROMOTERS, ITS MANAGEMENT OR ANY SCHEME WITHIN THE SPECIFIED PERIOD THE ENTIRE APPLICATION MONEY OR PROJECT OF THIS ISSUER. EVERY PERSON WHO DESIRES TO APPLY RECEIVED IS TO BE CREDITED ONLY TO THE BANK ACCOUNT FOR OR OTHERWISE ACQUIRE ANY SECURITIES OF THIS ISSUER FROM WHICH THE SUBSCRIPTION WAS REMITTED. IN ORDER MAY DO SO PURSUANT TO INDEPENDENT INQUIRY, INVESTIGATION TO ENSURE COMPLIANCE WITH THIS REQUIREMENT, TO THE AND ANALYSIS AND SHALL NOT HAVE ANY CLAIM AGAINST THE EXTENT POSSIBLE, WHERE THE REQUIRED INFORMATION FOR EXCHANGE WHATSOEVER BY REASON OF ANY LOSS WHICH MAY BE MAKING SUCH REFUNDS IS AVAILABLE WITH THE COMPANY SUFFERED BY SUCH PERSON CONSEQUENT TO OR IN CONNECTION AND/OR REGISTRAR, REFUNDS WILL BE MADE TO THE ACCOUNT j > (> X (# $) !"( $) j>= >=# X #=" $) PRESCRIBED. HOWEVER, WHERE THE COMPANY AND/OR OF ANYTHING STATED OR OMITTED TO BE STATED HEREIN OR ANY REGISTRAR DOES NOT HAVE THE NECESSARY INFORMATION FOR OTHER REASON WHATSOEVER. MAKING SUCH REFUNDS, THE COMPANY AND/OR REGISTRAR WILL FOLLOW THE GUIDELINES PRESCRIBED BY SEBI IN THIS REGARD Disclaimer clause of the RBI INCLUDING ITS CIRCULAR (BEARING CIR/IMD/DF-1/20/2012) DATED RBI HAS ISSUED CERTIFICATE OF REGISTRATION DATED 1 AUGUST JULY 27, 2012. 1998 AND A FRESH CERTIFICATE OF REGISTRATION DATED 30 MARCH 5. WE CONFIRM THAT NO COMMENTS/ COMPLAINTS WERE RECEIVED 2011 RE-CLASSIFYING OUR COMPANY UNDER THE CATEGORY ON THE DRAFT SHELF PROSPECTUS POSTED ON THE WEBSITE OF “INFRASTRUCTURE FINANCE COMPANY – NON DEPOSIT ACCEPTING”. BSE LIMITED (DESIGNATED STOCK EXCHANGE) AND NATIONAL IT MUST BE DISTINCTLY UNDERSTOOD THAT THE ISSUING OF THIS STOCK EXCHANGE OF INDIA LIMITED. CERTIFICATE AND GRANTING A LICENSE AND APPROVAL BY RBI IN ANY OTHER MATTER SHOULD NOT IN ANY WAY, BE DEEMED OR Disclaimer clause of the BSE CONSTRUED TO BE AN APPROVAL BY RBI TO The Tranche 1 ProspectusNOR BSE LIMITED (“THE EXCHANGE”) HAS GIVEN VIDE ITS LETTER SHOULD IT BE DEEMED THAT RBI HAS APPROVED IT AND THE RBI DOES DATED AUGUST 26, 2016 PERMISSION TO THIS COMPANY TO USE THE NOT TAKE ANY RESPONSIBILITY OR GUARANTEE THE FINANCIAL EXCHANGE’S NAME IN THIS OFFER DOCUMENT AS ONE OF THE STOCK SOUNDNESS OF OUR COMPANY OR FOR THE CORRECTNESS OF EXCHANGES ON WHICH THIS COMPANY’S SECURITIES ARE PROPOSED ANY OF THE STATEMENTS MADE OR OPINIONS EXPRESSED BY OUR TO BE LISTED. THE EXCHANGE HAS SCRUTINIZED THIS OFFER ($* ") ) > ($))=( $) ")J `$# #= "*=) $` J= $ ! DOCUMENT FOR ITS LIMITED INTERNAL PURPOSE OF DECIDING ON DISCHARGE OF LIABILITIES BY OUR COMPANY. THE MATTER OF GRANTING THE AFORESAID PERMISSION TO THIS . + * COMPANY. THE EXCHANGE DOES NOT IN ANY MANNER: - The track record of past issues handled by the Lead Managers as required by SEBI a) WARRANT, CERTIFY OR ENDORSE THE CORRECTNESS OR circular number CIR/MIRSD/1/2012 dated January 10, 2012, are available at the COMPLETENESS OF ANY OF THE CONTENTS OF THIS OFFER following websites: DOCUMENT; OR b) WARRANT THAT THIS COMPANY’S SECURITIES WILL BE LISTED Name of Lead Manager Website OR WILL CONTINUE TO BE LISTED ON THE EXCHANGE; OR ICICI Securities Limited www.icicisecurities.com c) TAKE ANY RESPONSIBILITY FOR THE FINANCIAL OR OTHER A. K. Capital Services Limited www.akcapindia.com SOUNDNESS OF THIS COMPANY, ITS PROMOTERS, ITS MANAGEMENT OR ANY SCHEME OR PROJECT OF THIS COMPANY; Edelweiss Financial Services Limited AND IT SHOULD NOT FOR ANY REASON BE DEEMED OR IIFL Holdings Limited \ CONSTRUED THAT THIS OFFER DOCUMENT HAS BEEN CLEARED Karvy Investor Services Limited www.karvyinvestmentbanking.com OR APPROVED BY THE EXCHANGE. EVERY PERSON WHO DESIRES TO APPLY FOR OR OTHERWISE ACQUIRES ANY SECURITIES Srei Capital Markets Limited www.srei.com OF THIS COMPANY MAY DO SO PURSUANT TO INDEPENDENT Trust Investment Advisors Private www.trustgroup.in INQUIRY, INVESTIGATION AND ANALYSIS AND SHALL NOT HAVE Limited ANY CLAIM AGAINST THE EXCHANGE WHATSOEVER BY REASON OF ANY LOSS WHICH MAY BE SUFFERED BY SUCH PERSON YES Securities (India) Limited www.yesinvest.in ($) = =) $ $# ) ($))=( $) j > (> X (# $)! For further details, please refer to section titled “Other Regulatory and Statutory ACQUISITION WHETHER BY REASON OF ANYTHING STATED OR Disclosures” on page 196 of the Shelf Prospectus. OMITTED TO BE STATED HEREIN OR FOR ANY OTHER REASON WHATSOEVER. RISK FACTORS Disclaimer clause of the NSE ; 4 A ; ; ! " $ ; ; AS REQUIRED, A COPY OF THIS OFFER DOCUMENT HAS BEEN carefully consider the risks and uncertainties described below, in addition to the other SUBMITTED TO NATIONAL STOCK EXCHANGE OF INDIA LIMITED information contained in the Shelf Prospectus before making any investment decision
38 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS ! ) $ / " " 13. Any downgrade of our credit ratings would increase borrowing costs and or comprehensive in terms of all the risk factors that may arise in connection with constrain our access to capital and lending markets and, as a result, would " 4 A $ )" " negatively affect our net interest margin and our business. following risks or other risks that are not currently known or are deemed immaterial 14. # " agreements could restrict our ability to conduct our business and operations. could suffer, the trading price of the NCDs could decline and you may lose all or part " J $ 15. ' ; " " " U " of them may have expired. In the absence of these statutory licenses, we may " " $ / " not be in a position to carry on our operations in future and that may affect risk factors appearing hereunder is intended to facilitate ease of reading and reference our performance or we may have to face penalties and action can be taken " " ; $ against us by the concerned authorities for carrying on the operations without # U " J the requisite licenses. $ 16. Our investments can be particularly volatile and may not be recovered. / ( " " 6 ! ; ; 17. * $ R $ % R "" " existing or future levels of nonperforming loans or if future regulation " 6 ! " " ! requires us to increase our provisions, our ability to raise additional capital ( " $ Investors are advised to read the following risk factors carefully before making an could be adversely affected. ; ) $ # " 18. Private sector infrastructure industry in India, the sector on which we focus is ) ! ; ; $ still at an early stage of development and is linked to the continued growth of the Indian economy. In the event that Central and State government initiatives INTERNAL RISKS and regulations in the infrastructure industry do not proceed in the desired 1. There are outstanding legal proceedings (including criminal proceedings) direction, or if there is any downturn in the macroeconomic environment in involving our Company, Promoters, Directors, group companies and * subsidiaries. Any adverse outcome in such legal proceedings may affect our results of operations could be materially and adversely affected. 2. As an NBFC, the risk of default and non-payment by borrowers and other 19. We face asset-liability mismatches which could affect our liquidity and quality. Any such defaults and non-payments would result in write-offs and/ \ 20. As a consequence of being regulated as an NBFC and IFC, and a PFI, we have to adhere to certain individual and borrower group Exposure limits under the 3. Any increase in or realization of our contingent liabilities could adversely RBI regulations. 21. We may not be able to renew or maintain our regulatory approvals, licences 4. We may be exposed to potential losses due to a decline in value of assets and registration under applicable laws as required tocarry our business secured in our favour, and due to delays in the enforcement of such security in normal course, which may adversely affect our business operations and upon default by our borrowers which may have a material and adverse effect 22. We have entered into certain related party transactions. 5. We derive majority/substantial of our revenues from our top 20borrowers. Our 23. Material changes in the regulations that govern us and our borrowers could inability to maintain relationship with such borrower or any default and non- cause our business to suffer. payment in future or credit losses of our single borrower or group exposure 24. Our insurance coverage may not adequately protect us against losses and in where we have a substantial exposure could materially and adversely affect our case they exceed our insurance coverage could harm our results of operations 6. ! " 25. A failure of our operational systems or infrastructure, or those of third parties, has been subject to limited review, in relation to our Company. Reliance on could impair our liquidity, disrupt our businesses, cause damage to our such information should, accordingly, be limited. reputation and result in losses. 7. # $ 26. We may be required to increase our capital ratio or amount of reserve funds, borrowers and if these Exposures become non-performing, such Exposure could increase the level of non-performing assets in our Portfolio and which may result in changes to our business and accounting practices that may materially and adversely affect our business and results of operations. operations and the quality of our asset Portfolio. 27. We are affected by volatility in interest rates for both our lending and treasury 8. If we are unable to manage our growth effectively, our business, future operations, which could cause our net interest income to decline and adversely 28. * < operations could be materially and adversely affected. = 9. We face increasing competition in our business which may result in declining \ margins if we are unable to compete effectivelyand as a result our business, 29. Our success depends in large part upon our management team and skilled adversely affected.. personnel and our ability to attract and retain such persons. 10. Infrastructure projects carry certain risks which, to the extent they materialize, 30. Our results of operations could be adversely affected by any disputes with our could adversely affect our business and result in defaults/ delays in repayment employees. of our loans and investments declining in value which could have a material 31. We are exposed to various operational risks, including the risk of fraud and other misconduct by employees or outsiders. operations. 32. System failures or inadequacy and security breaches in computer systems may 11. % adversely affect our business. employees may adversely impact our business. 33. Our ability to assess, monitor and manage risks inherent in our business 12. Our business requires substantial funding, and any disruption in funding differs from the standards of some of our counterparts in India and in some developed countries. condition.
SREI INFRASTRUCTURE FINANCE LIMITED 39 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS 34. # > 8. Failure to successfully adopt IND (AS) may adversely affect our Company 9. Risks relating to any international regulations, FATCA, taxation rules may apply on the NRIs as the Issue may be marketed to NRIs 35. ! *%<" results of operations appearing materially different than under Indian GAAP. MATERIAL CONTRACTS AND DOCUMENTS FOR INSPECTION 36. ? %* ! The following contracts and documents which are or may be deemed material have been entered or are to be entered into by our Company. Copies of these contracts 37. We may not be able to successfully sustain our growth strategy. Inability and the other documents referred to hereunder, may be inspected at the Registered to effectively manage our growth and related issues could materially and - & Q¤ R & % 7 ' 700 046 from 10.00 a.m. to 5.00 p.m. on any business days from the date of this 38. We have not been able to procure all the consents from all the lenders to our Tranche 1 Prospectus until the date of closure of the Tranche 1 Issue. Company. For further details, please refer to section titled “Material Contracts And 39. ' " Documents For Inspection” on page 84 of the Tranche 1 Prospectus. 40. Our Company may not be able to identify suitable joint venture or strategic partners or our Company may not be able to complete transactions on terms DECLARATION commercially acceptable to our Company, or may not be able to complete transactions at all. We, the undersigned Directors of the Company, hereby certify and declare that all applicable legal requirements in connection with the Issue including relevant provisions 41. ' other geographical regions. of the Companies Act, 1956, as amended all the applicable provisions of Companies 42. ' @ ? Act, 2013 as amended and the rules prescribed thereunder to the extent applicable as on on our part to renew our Lease/Rent Agreements in a favourable, timely date to the Tranche 1 Prospectus and the guidelines issued by the Government of India manner, or at all, could adversely affect our business and results of operations. and/or the regulations/ guidelines/ circulars issued by the Reserve Bank of India and the Moreover many of the lease/rent agreements entered into by our Company may Securities and Exchange Board of India, established under Section 3 of the Securities not be duly registered or adequately stamped. and Exchange Board of India Act, 1992, as applicable, including the Securities and # . " )(J Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008, as 1. There is no guarantee that the NCDs issued pursuant to this Issue will be listed amended, provisions under the Securities Contract (Regulation) Act, 1956, as amended on BSE and NSE in a timely manner, or at all. and rules made thereunder in connection with the Issue have been complied with and no 2. You may not be able to recover, on a timely basis or at all, the full value of the statement made in the Tranche 1 Prospectus is contrary to the provisions of the above outstanding amounts and/or the interest accrued thereon in connection with mentioned acts, rules, regulations, guidelines and circulars as applicable to the Tranche the NCDs. 1 Prospectus We further certify that all the disclosures and statements made in the 3. There is no active market for the NCDs on the stock exchanges. As a result Tranche 1 Prospectus are true, accurate and correct in all material respects and do not the liquidity and market prices of the NCDs may fail to develop and may omit disclosure of any material fact which may make the statements made therein, in accordingly be adversely affected. light of circumstances under which they were made, misleading and that the Tranche 1 4. Debenture Redemption Reserve would be created up to an extent of 25% for the Prospectus does not contain any misstatements and/or misrepresentations. [$\ not be able to provide for the DRR even to the extent of the stipulated 25 per Signed by the Board of Directors of the Company, cent. Salil K. Gupta 5. Any downgrading in credit rating of our NCDs may affect the trading price of " * A 4 6Q# ; ) A the NCDs. Hemant Kanoria 6. Changes in interest rates may affect the price of our Company’s NCDs. Chairman & Managing Director 7. There may be a delay in making refunds to Applicants. 8. The NCDs are subject to the risk of change in law. Sunil Kanoria EXTERNAL RISKS 4 6Q# ; A 1. # . # S. Chatterjee 1. Governmental and statutory regulations, including the imposition of an 4 6Q# ; ) A S. Rajagopal position. 2. Political instability or changes in the Government in India or in the Government 4 6Q# ; ) A Punita Kumar Sinha 3. Regional hostilities, terrorist attacks, civil disturbances or social unrest, 4 6Q# ; ) A \ = Tamali Sengupta price of our NCDs could decrease. 4 6Q# ; ) A 4. Our growth depends on the sustained growth of the Indian economy. An economic slowdown in India and abroad could have a direct impact on our T. C. A. Ranganathan 4 6Q# ; ) A 5. Our growth depends on our ability to handle risks associated with our business Ram Krishna Agarwal some of which are beyond our control and if they materialize, could have a 4 6Q# ; A results of operations. % v . 6. Any downgrading of India’s debt rating by an international rating agency Date : August 31, 2016 could have a negative impact on the trading price of the NCDs. FOR FURTHER DETAILS, PLEASE REFER TO THE SHELF 7. Trading of the NCDs may be limited by temporary exchange closures, broker = = PROSPECTUS AND TRANCHE 1 PROSPECTUS.
40 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
TIMING FOR SUBMISSION OF APPLICATION FORM Applications shall be accepted only between 10.00 a.m. and 5.00 p.m. (Indian Standard Time), or such extended time as may be permitted by the Stock Exchanges during the Issue Period on all days between Monday and Friday, both inclusive barring public holidays, at the Collection Centres or with the Members of the Syndicate or Trading Members at the Syndicate ASBA Application Locations and the Designated Branches of SCSBs as mentioned on the Application Form. On the Issue Closing Date, Applications shall be accepted only between 10.00 a.m. and 3.00 p.m. and shall be uploaded until 5.00 p.m. or such extended time as may be permitted by the Stock Exchanges. It is clarifi ed that the Applications not uploaded in the electronic application system of the Stock Exchanges would be rejected. Due to limitation of time available for uploading the Applications on the Issue Closing Date, Applicants are advised to submit their Applications one day prior to the Issue Closing Date and, in any case, no later than 3.00 p.m. on the Issue Closing Date. All times mentioned in this Prospectus are Indian Standard Times. Applicants are cautioned that in the event a large number of Applications are received on the Issue Closing Date, some Applications may not get uploaded due to lack of suffi cient time. Such Applications that cannot be uploaded will not be considered for allocation under the Issue. Applications will be accepted only on Business Days, i.e., Monday to Friday (excluding any public holiday). Neither our Company, nor the Lead Managers, Consortium Members or Trading Members are liable for any failure in uploading the Applications due to failure in any software/hardware system or otherwise. CENTERS FOR AVAILABILITY AND ACCEPTANCE OF APPLICATION FORMS In case of Applicant applying through ASBA Process in any Specifi ed Cities i.e. 12 cities, namely, Mumbai, Chennai, Kolkata, Delhi, Ahmedabad, Rajkot, Jaipur, Bangalore, Hyderabad, Pune, Baroda and Surat, the ASBA Applicant can also submit their Application Form with the Members of Syndicate, at the addresses provided below, for uploading of the Application. The respective Member of Syndicate after uploading of the Application shall forward the Application Form to the Specifi ed Branches of SCSBs for blocking of funds. At all other places (except Specifi ed Cities, as above),the ASBA Application Forms should be submitted with the Designated Branch of SCSBs only and non ASBA Applications should be submitted to the Members of Syndicate/ Trading Members as specifi ed below: BIDDING CENTRE DETAILS A. K. STOCKMART PRIVATE LIMITED AGRA- A K STOCKMART PVT LTD C/O IKITA GUPTA IKITA GUPTA 9 SBI COLONY 1ST FLOOR OPP SUBHASH PARK MG ROAD 282002 ,AHMEDABAD- A K STOCKMART PVT LIMITED KARURANAKARAN MUDLIAR 101, “KAIVANNA”, NEAR CENTRE POINT, PANCHAVATI CIRCLE, OFF. C.G. ROAD 380009 ,BANGALORE- A K STOCKMART PVT LIMITED NAVEEN SUBBARAO OFFICE NO.709/710, 7TH FLOOR, BRIGADE TOWER, NO – 135, BRIGADE ROAD 560025 BHAVNAGAR- A K STOCKMART PVT LTD C/O SIDDHARTH UDAYBHAI SARVAIYA SIDDHARTH UDAYBHAI SARVAIYA B/11-12 RADHESHYAM COMPLEX BELOW IDBI BANK WAGHAWADI ROAD 364002 ,BHILWARA- A K STOCKMART PVT LTD C/O ANIL KUMAR LADHA ANIL KUMAR LADHA 1-N-58 R.C.VYAS COLONY NEAR WATER TANKI 311001 , A K STOCKMART PVT LTD C/O PR FINANCIAL CONSULTANTS PVT LTD PRABIR KUMAR RATH 18 BAPUJI NAGAR 751009 ,CHENNAI- A K STOCKMART PVT LIMITED I DHINAKARAN NO.17A,1ST FLOOR, WELLINGTON ESTATE, ETHIRAJ SALAI, EGMORE 600008 , COIMBATORE- A K STOCKMART PVT LTD C/O BISWA PRASAD DAS BISWA PRASAD DAS 2ND FLOOR KB COMPLEX STATION ROAD NEAR HP PETROL PUMP COLLEGE SQUARE 753003 , A K STOCKMART PVT LTD C/O VIKASH SRIVASTAVA VIKASH SRIVASTAVA KAIBALYA 1ST FLOOR LINK ROAD ABOVE ING VYASA BANK 753012 ,DHANBAD- A K STOCKMART PVT LTD C/O POONAM AGARWAL POONAM AGARWAL NARAYANI SECURITIES 307 SAI RAM 09864014385LAZA BANK MORE 826001 ,GORAKHPUR- A K STOCKMART PVT LTD C/O DHIRAJ KUMAR GUPTA DHIRAJ KUMAR GUPTA 1ST FLOOR RAM GOVIND COMPLEX OPP RAJ CINEMA SUMER SAGAR ROAD 273001 ,GUWAHATI- A K STOCKMART PVT LTD C/O AMIT INVESTMENT RATANLAL JAIN 1ST FLOOR ROOM NO.1 KAMAKHYA UMANANDA BHAWAN A.T. ROAD 781001 , A K STOCKMART PVT LTD C/O PARAS MAL JAIN PARAS MAL JAIN SARAF BLDG ANNEX R NO 5 3RD FLOOR AT ROAD 781001 ,HISSAR- A K STOCKMART PVT LTD C/O INDRAWATI SHARMA INDRAWATI SHARMA BLD-22-24 PUSHPA COMPLEX 125005 JAIPUR- A K STOCKMART PVT LTD C/O HEM SECURITIES LTD BABITA 203 JAIPUR TOWER M.I RD 302001 JAMNAGAR- A K STOCKMART PVT LTD C/O ALPESH N DATTANI ALPESH N DATTANI 2-A SECOND FLOOR AVANTIKA COMPLEX LIMDA LANE 361001 ,JODHPUR- A K STOCKMART PVT LTD C/O VIRENDRA MEHTA VIRENDRA MEHTA 204 POONAMCOMPLEX SARDARPURA 3RD ROAD 342003 ,KANPUR- A K STOCKMART PVT LTD C/O SPFL SECURITIES LIMITED NEERAJ JAIN GROUND FLOOR 2G KAN CHAMBER 14/113 CIVIL LINES 208002 ,KOLKATA- A K STOCKMART PVT LIMITED SUMAN BANERJEE OM TOWERS,UNIT NO.1408, 14TH FLOOR,32,J.L.NEHRU ROAD 700071 MUMBAI- A K STOCKMART PVT LIMITED PARAG ZAVERI 30-39, FREE PRESS HOUSE, 3RD FLOOR, FREE PRESS JOURNAL MARG, 215, NARIMAN POINT 400021 MUZAFFAR NAGAR- A K STOCKMART PVT LTD C/O MANI KANTA JAIN MANI KANTA JAIN 15-D VAKIL ROAD NEW MANDI 251001 ,NEW DELHI- A K STOCKMART PVT LIMITED SANDEEP SHARMA 609,6TH FLOOR, ANTRIKSH BHAWAN, 22 KASTURBA GANDHI (K.G)MARG, CONNAUGHT PLACE, 110001 ,NOIDA- A K STOCKMART PVT LTD C/O SHIPRA RAI SHIPRA RAI C/O WEALTH DIRECT SF-20 2ND FLOOR ANSAL FORTUNE ARCADE SECTOR-18 201301 ,PUNE -A K STOCKMART PVT LIMITED MAKARAND JOSHI OFFICE NO. 705, 7 TH FLOOR, SOHRAB HALL, 21, SASOON ROAD 411001 SURAT- A K STOCKMART PVT LTD C/O CONCEPT SECURITIES PVT. LTD HEMANT ISHVERLAL DESAI 401 EMPIRE STATE BUILDING NR. UDHNA DARWAJA RING ROAD 395002 , SURENDRANAGAR- A K STOCKMART PVT LTD C/O DAMYANTIBEN HARIVALLABHBHAI JANI DAMYANTIBEN HARIVALLABHBHAI JANI 2-A SECOND FLOOR AVANTIKA COMPLEX LIMDA LANE 361001 ,VADODARA- A K STOCKMART PVT LTD C/O NISHIL MARFATIA NISHIL MARFATIA 216 402- GLAXY COMPLEX NEAR PIZZA INN JETALPUR ROAD 390007, AUM CAPITAL MARKET PRIVATE LIMITED AUM Capital Market Pvt Ltd, - 5, Lower Rawdon Street, Aakashdeep Building, 1st Floor, Kolkata - 700020 AXIS CAPITAL LIMITED Axis Capital Limited Bangalore: 2nd Floor, Express Building, No.1, Queens Road, Bangalore-560001, Ph:080 -22058546 / 9845037199, Chennai: Axis Securities Limited, 11, Vijay Delux Apts., 7/4 First Main Road, CIT Colony, Mylapore, Chennai – 600004, Ph : 040 - 39184335/4226; Hyderabad: Axis Securities Limited, 6-3-650/217B & C, Maheshwari Chambers, 2nd Flr.,Somajiguda, Hyderabad – 500082, Ph : 040- 39893626/30658502; Mumbai: Axis Capital Limited, 4A/5C, Khatau Bldg., Ground floor, Alkesh Dinesh Mody Marg, Fort, Mumbai – 400001, Ph : 022- 22677901; New Delhi: Axis Capital Ltd, 2nd Floor, Red Fort Capital, Parsvnath Towers, Bhai Veer Singh Marg, Near Gole Market, New Delhi-110001, Ph : 011 - 43556496/97, Pune: Axis Capital Limited, Plot no 5,Sr.no 103,Unit no 201/202,Next Jan Avenue,behind ICC Tower,Crossword Lane, Senapati Bapat Road, Pune – 411004, Ph : 9890018150/9371218150;Rajkot: Axis Securities Limited, 703, 7th Floor, Star Chambers, Harihar Chowk, Rajkot – 360001, Ph : 9724333149 / 9427200149; Vadodara: Axis Securities Limited, 515, Race Course Tower, Pashabhai Park, Race Course, Vadodara – 390007, Ph : 9377225295
SREI INFRASTRUCTURE FINANCE LIMITED 41 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
EDELWEISS BROKING LIMITED AHMEDABAD: Edelweiss Broking Limited; 404/A, 4th Floor, Zodiac Plaza, Opp. Sambhu Coffe Bar, St. Xaviers College Road, Navrangpura, Ahmedabad - 380006. Tel: 079-40019888 BANGALORE: Edelweiss Broking Limited; The Onyx Centre , Building No. 5 , 2nd Floor Above Nandi Toyota Showroom Museum Road Bangalore – 560001 Tel: 080-32474731. HYDERABAD: Edelweiss Broking Limited; 2nd Floor, M B Towers, Plot No.5, Road No.2, Banjara Hills, Hyderabad-500016. Tel: 040–40316911. JAIPUR: Edelweiss Broking Limited; S-16/A, 3rd Floor, Landmark Building, Opposite Jai Club, Mahaveer Marg, C- Scheme, Jaipur – 302001. Tel: 0141-4045167. KOLKATA: Edelweiss Broking Limited Office No. 4, 6th Floor, Poddar Court, Gate No – 2, 18, Rabindra Sarani, Kolkata -700001. Tel: 033-30081391. MUMBAI:FORT: Edelweiss Broking Limited; G1, Ground Floor, Ararat Building, Nagindas Master Road, Near BSE, Opp. Dwarka Hotel, Fort, Mumbai – 400001. Tel: 022-67494580/81. Edelweiss Broking Limited; 104, 1st Floor, P J Towers, Bombay Stock Exchange Bldg, Fort, Mumbai- 400001. Tel: 022-67471345 / 022-67494586. GHAKTOPAR: Edelweiss Broking Limited; Atlantic Commercial Tower, RB Mehta Road, Near Patel Chowk, Ghatkopar East, Mumbai-400077. Tel: 022-25012611/12, SANTACRUZ: Edelweiss Broking Limited; Office No 111, 1st Floor, Dheeraj Heritage, Near Milan Subway, Santacruz West, Mumbai-400054, Tel: 022-26609338. BORIVALI: Edelweiss Broking Limited, Viray Deep Apts, Chandaverkar Road, opp Mayur Tower, Borivali (W). Mumbai-400092. Tel: 022-28914367. NEW DELHI: Edelweiss Broking Limited; 8-B, 8th Floor, Atma Ram House, Tolstoy Marg, New Delhi- 110001., Tel: 011- 46501116/7 PUNE: Edelweiss Broking Limited Office No.101 to 106, 1st Floor, Siddharth Tower, Behind City Pride Talkies, Kothrud, Pune, Maharashtra 411029, Tel: 020-66056672. SURAT: Edelweiss Broking Limited; 108, Vishwakarma Chambers, B/S ITC, Majuragate, Ring Road, Surat – 395002, Tel: 0261-2460537. HDFC SECURITIES LIMITED HDFC Securities Ltd || I Think Techno Campus, Building B, “Alpha”, Office Floor 8, Near Kanjurmarg Station, Opp Cropton Greaves, Kanjurmarg East, Mumbai - 400 042 ICICI SECURITIES LIMITED MUMBAI: ICICI Sec , Gr. Floor, H.T Parekh Marg, Back Bay Reclamation,Churchgate, Mumbai – 400020; Tel No. 022- 66377463; ICICI Sec, Shree Sawan Knowledge park, Gr. Floor, Plot No. D-507, T.T.C Industrial Area, M.I.D.C, Turbhe, Near Juinagar Railway Station, 400705; IDBI CAPITAL MARKETS & SECURITIES LIMITED AHMEDABAD - IDBI Capital Markets & Securities Limited. 314 – 3rd Floor, Crystal Arcade, Near. BSNL Complex, Opp. Girish Cold Drink, C. G. Road, Ahmedabad-380006.Gujarat. Tel. No. 079-30621859,40075053,54,55,56,57. BANGALORE - : IDBI Capital Markets & Securities Limited. 2nd Floor, Globe House, 105 Richmond Road, Bangalore – 560 025.Tel No.(+080) 22117859/32916109.BHOPAL - : IDBI Capital Markets & Securities Ltd, Harrison House. “Upper ground floor “6 Malviya Nagar, near rajbhavan road, Bhopal-462003.Tel No.(+0755) 276 0010 / 325 5480 / 4224441.BHUBANESHWAR - : IDBI Capital Markets & Securities Limited, IDBI House, Jan path, Unit IX, Bhubaneswar- 751022. Tel No. (+0674) 320 8801 / 2 / 3, 254 5447. DELHI - IDBI Capital Markets & Securities Limited, 1st floor, Videocon Towers;E - 1, Jhandewalan Extension ; New Delhi-110055 Tel No. 011-47017131 / 33 / 34/ 9310403257.GUWAHATI: IDBI Capital Markets & Securities Limited. IDBI House, 4th Floor, ABC, G.S. Road, Guwahati - 781 005.Tel No. 0361-2450708 / 9864259980. HYDERABAD - : IDBI Capital Markets & Securities Limited. C/o IDBI Bank, 3rd, Floor, IDBI House, D.No.5-9-89/ 1&2, Chapel Road, P.B.No.370, Hyderabad - 500 001.Tel No.(+040) 66747540/41/42/43/44.INDORE – IDBI Capital Markets & Securities Limited, M – 7 , SHAGUN TOWER ,SCHEME NO -54 , VIJAY NAGAR, A B Road ,Indore-452010 (+0731)2554229/4248070 / 2554229/28. KOLKATA - : IDBI Capital Markets & Securities Limited, 6th Floor, IDBI House, Shakespere Sarani, Kolkata- 700 017. Tel. No. 033-40031149 /50 / 51 / 52 / 033 - 22892771 / 72 / 9831941070.MUMBAI -IDBI Capital Markets & Securities Limited, 3rd Floor, Mafatlal Centre, Nariman Point, Mumbai – 400021. Tel No. 022-43221143/1202/1391.NAGPUR - : IDBI Capital Markets & Securities Limited. 1st floor.Sanskrutik Sankul, Next To IDBI Bank, Zani Rani Square, Sitabuldi, Nagpur – 440012.Tel : 0712-25273 48 / 49 / 50 /9422128017. PATNA - : IDBI Capital Markets & Securities Limited., 205, 2nd Floor, Grand Plaza, Fraser Road, Patna- 800001. Tel No.(+0612) 320 0687 / 320 0727 / 9304810333.PUNE - : IDBI Capital Markets & Securities Limited. Off No: 32, 2nd Floor, Building B,Wing C, Shrinath Plaza, Modern College Road, Shivaji Nagar, Pune 411004. Tel No.(+020) 3291 3133 / 41200803. INDIA INFOLINE LIMITED AGRA: India Infoline Limited - 23/10975-37, 12/12A, Block No. 118, Maruti Plaza, Sanjay Palace, Agra-282002, Ph: 0562-4013289-401329393; AHMEDABAD: India Infoline Limited - 23/10975-37, 2nd floor,3rd Floor & 4th Floor, High Street- I, Above Promart Showroom, Opp. Law Garden, Near Law Garden Cross Road, AHMEDABAD, 380006, Ph: 079-39874070; India Infoline Limited - 23/10975-37, 302-Amruta Arcade, Near Rasna Restaurant, Maninagar Cross Road,Maninagar,Ahmedabad-380008, Ph: 079-40509341; India Infoline Ltd - 23/10975-37RM Desk, 2nd Floor, High Street-1,Above Alfa Bazaar, Opp. Thakorbhai Desai Hall,Law Garden Road,Navrangpura, Ahmedabad-380006 Tel:9712916547. BANGALORE: India Infoline Limited - 23/10975-37, #31/9, Krimson Square, 2nd Floor, ABOVE VISHAL MEGAMART, Roopena Agrahara, Begur Hobli, Hosur main Road, Nr Silk Board junction, BANGALORE, 560068, Ph: 08067158118, 9902500445; India Infoline Limited - 23/10975-37, NO 11/2, 1ST FLOOR, ABOVE SANJEVANI, NEAR CONGRESS OFFICE QUEENS ROAD, BANGALORE-560052, Ph: 08042778215, 9986388824; India Infoline Ltd - 23/10975-37-SG007, South block, Manipal Centre, Deckenson Road Banglore-560042 Tel : 080-40931141/9243689412. BARODA / VADODARA: India Infoline Ltd - 23/10975-37 3rd Floor , Bhagwan Chambers, Opp. Circuit House , Alkapuri, Baroda - 390007.Tel : 9099960660.India Infoline Limited - 23/10975-37, 3rd Floor,Bhagwandas Chamber,Opp Circuit House, RC Dutt Road,Alkapuri, Baroda-390007, Ph: 0265-6197514/0265-6197504/535,8866445363; BHAVNAGAR:India Infoline Limited - 23/10975-37, 101,102 Sterling Centre, Above Kotak Mahindra Bank, Waghwadi Road, Bhavnagar-364002, Ph: 0278-3003132; BHUBANESHWAR: India Infoline Limited - 23/10975-37, 1st Floor, Somi Palace,M5/17,Acharya Vihar, Bhubaneshwar, 751013, Ph: 9937020268; CHANDIGARH: India Infoline Ltd - 23/10975-37-SCO-3015-3016, 2ND FLOOR, SEC-22D, CHANDIGARH, PIN CODE-160022.Tel:0172-4640524.India Infoline Limited - 23/10975-37, 2ND FLOOR, SCO 114-115, SECTOR 34A, CHANDIGARH, 160022, Ph: 0172-4988100; India Infoline Limited - 23/10975-37, SCO NO-163,FIRST FLOOR,SEC-37C,, CHANDIGARH, 160036, Ph: 9915732400; CHENNAI: India Infoline Limited - 23/10975-37, India Infoline Tower,No.143, M.G.R. ROAD,NEAR LIFELINE HOSPITAL, PERUNGUDI, CHENNAI, 600096, Ph: 044-66093677; India Infoline Limited - 23/10975-37, Ganesh Complex,2nd Floor, 393/280/203 Anna Salai, Teynampet,Chennai-600018, Ph: 9940198750/9841755315/044-64628129,43009451; India Infoline Ltd - 23/10975-37- #1, Masilamani Street, Pondy bazar , T Nagar , Chennai - 600017.Tel : 9841755315 COIMBATORE: India Infoline Limited - 23/10975-37, No 657, 4th Floor, Tri Star Towers, Avanashi
42 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
Road,Coimbatore-641037, Ph: 0422-4506694; DELHI / NEW DELHI: India Infoline Limited - 23/10975-37, 310,311,312,3RD FLOOR and 510, 5th floor, ASHOKA ESTATE,24,BARAKHAMBA ROAD,CONNAUGHT PLACE,, DELHI, 110001, Ph: 9971494100, 09811351186/09871047900; India Infoline Limited - 23/10975-37, IIFL, Plot No-98, Udyog Vihar Phase -IV, Gurgaon, Haryana PIN- 122016, Ph: 706512644; India Infoline Limited - 23/10975-37, 71/3 ,Ist Floor NAJAFGARH ROAD INDUSTRIAL AREA , MOTI NAGAR, DELHI, 110015, Ph: 9911185735; India Infoline Limited - 23/10975-37, F-316,317,304,306 ADITYA ARCADE, NO 30, COMMUNITY CENTRE, PREET VIHAR, DELHI, 110092, Ph: 9971494102; GURGAON: India Infoline Limited - 23/10975-37, IIFL, Plot No-98, Udyog Vihar Phase -IV, Gurgaon, Haryana PIN- 122016, Ph: 706512644; HYDERABAD: India Infoline Limited - 23/10975-37, My Home Sarovar Plaza, 5th and 6th floor No. 5-9-22, Shapurwadi, Adarsh nagar, Opp:- Secretariat, HYDERABAD, 500004, Ph: 040-44889518/7095317440 /040 42446805; India Infoline Limited - 23/10975-37, Flat No 208-209, Second Floor, Chitanya Chambers, Chaitanyapuri, dilsukhnagar Hyderabad, HYDERABAD, 500060, Ph: 9347135586; INDORE: India Infoline Limited - 23/10975-37, 106/107 1ST FLOOR AREAN HIGHTS AB ROAD OPP C21 MALL, INDORE, 452001, Ph: 0731-4221507; JAIPUR:India Infoline Limited - 23/10975-37, 403, 404 and 405, 4th floor, City Mall, C-21B, Bhagwan Das Road, C -Scheme, Jaipur, Rajasthan - 302001, Ph: 0141-3063312; India Infoline Limited - 23/10975-37, 2nd Floor, 112-7, Madhyam Marg, Vijay Path, Agarwal Farm, Mansarovar, JAIPUR, 302018, Ph: 0141-5161754; JODHPUR: India Infoline Limited - 23/10975-37, Flat No 202, Shree Plaza, Jaljog Chauraha, 658, Residency Road, Sardar Pura, Jodhpur, Rajasthan - 342001, Ph: 0291-5101824; KANPUR: India infoline Ltd 513-14,5th floor , Kan Chamber Near U.P Stock Exchange, Adjacent Green Park Stadium, 14/113 - Civil Lines, Kanpur – 208001; KOCHI/COCHIN/ERNAKULAM:India Infoline Limited - 23/10975-37, I, II and III Floor Sana Tower M.G.Road, COCHIN, 682016, Ph: 0484-4028074; KOLKATA:India Infoline Limited - 23/10975-37, India Infoline Ltd. 5th, 7th and 9th Floor AC Market 1 Shakesphere Sarani, KOLKATTA, 700071, Ph: 9903956007/9038050542/033-44048609; LUDHIANA: India Infoline Limited - 23/10975-37, 504, 5th Floor, SCO - 18 , Feroze Gandhi Market ,Ludhiana (punjab)-141001, Ph: 0 161- 5047900 / 5096393; MUMBAI: India Infoline Ltd - 23/10975- 37Off No-1A, Building No 105,Opp. Bharat House, Mumbai Samachar Marg, Fort, Mumbai - 400001. Tel : 9167997482/022-49142122/022- 49142100.India Infoline Limited - 23/10975-37-Mazznine Floor, Shop no 34, Natraj Market, Next to Vivah Sarees, S.V Road, Malad West, Mumbai 400064 India Infoline Ltd., |Hubtown Solaris|Ground Floor|N.S.Phadke Marg l Opp.Teli Galli| Andheri - East| Mumbai-400 069, Ph: 9892370013 India Infoline Limited - 23/10975-37SHIV CENTER, OFFICE NO- 220, PLOT NO- 02, 2ND FLR, SECTOR -17, VASHI, NAVI MUMBAI 400703, 9773930082; India Infoline Limited - 23/10975-37 India infoline ltd ,shop no 4,Anuradha /Anuja chs ltd Manek nagar chandavarkar road borivali west, Ph: 996757667 IIFL Centre, Trade Tower, Wing B and Extension, Kamala City, Senapati Bapat Marg, Lower Parel, MUMBAI, 400013, Ph: 022-42499000; ; India Infoline Limited - 23/10975-37, IIFL House, Sun Infotech Park, Road No 16V,Plot No B-23,MIDC,Thane Industrial Area, Wagle Estate, THANE, 400604, Ph: 022-41035000; India Infoline Limited - 23/10975- 37, C-34,Gr Flr, Shyam Kamal, C Wing, Agrawal Mkt, Vile Parle (E),Mumbai, MUMBAI, 400057, Ph: 022-26114371; NAGPUR:India Infoline Limited - 23/10975-37, 3th floor Shreejee krupa building, Gandhi Square, New Itwari Road, Nagpur-440002, Ph: 0712-6684012/14; PATNA:India Infoline Limited - 23/10975-37, ASHIANA CHAMBER, EXHIBITION ROAD, PATNA, 800001, Ph: 9771435515; PUNE: India Infoline Ltd - 23/10975-37-Plot No 886,CTS -1249/1250,Office No. C, Above Greetwel, Goodluck Chowk Deccan Gymkhana Pune 411004. Tel : 9579556920/020-65212134India Infoline Limited - 23/10975-37, Lohia Jain IT Park, Survey No 150/A/1+2, Plot No 1, Kothrud, Paud Road,, PUNE, 411038, Ph: 020-41045855; RAJKOT: India Infoline Limited - 23/10975-37, 2nd & 3rd Floor, Millennum Square, Opp. Girnar Cinema, Phulchhab Press,, RAJKOT, 360001, Ph: 0281-6198333; RANCHI:India Infoline Limited - 23/10975-37, 4th Floor, Kaushalya Chambers,P P Compound,Ranchi-834001, Ph: 7549091319 & 7549012302; SURAT: India Infoline Limited - 23/10975-37, 701,702,709,710, 21st Century Business Centre, Ring Road,Surat, SURAT, 395002, Ph: 0261-4030656; INTEGRATED ENTERPRISES (INDIA) LIMITED Andhra -Guntur - 6-9-15,9/1 Aurndelpet,Guntur - 522002 2326624 / 2337809;Andhra - Hyderabad - No.5-10-197/A, G4, I Floor, Reliance Krishna Apts, Beside Kalanjali Bhavan, Navad Pahad, Hill Fort, Hyderabad - 500 004. Phone- 23242375 / 23242472;Andhra - Kakinada - 2-1-69/1, 1st Floor, opp Andalamma College, Perraju Peta, Kakinada - 533003. Phone-2377258/2341205;Andhra - Kukatpally - D. No. 15-31-2M-1/5, Shop No. 1, 2nd Floor, MIGH, Near MIG Bus Stop, JNTU Road, III Phase, KPHB Colony, Hyderabad - 500085. 23058088 / 23058089;Andhra - Nellore - Shop No.27, Co-operative Bank Shopping Complex, Trunk Road, Nellore - 524 001. Phone-2326297/ 2332040;Andhra - Rajamundhry - 6-14-7/1, Opp. Pala Varthakula Sangam, Achantavari St, T.Nagar,Rajamundhry - 533101. Phone- 2422120/2437533;Andhra - Secunderabad -D No. 1-2-63,64 & 73/2, No. 4, Ground floor, S R Arcade, Parklane, Secunderabad - 500 003. Phone- 27845605 /27816080;Andhra - Vijaywada - D No. 29-13-29, Ist Floor, Kaleswara Rao Road, Near Dornakal X Roads, Besides Indian Bank, Suryaraopeta, VIJAYAWADA - 520 002. Phone-2472414/2470517;Andhra - Vizag - D. No. 47-9-17, ground floor, III Lane, Dwarakanagar, Visakhapatnam - 530 016. Phone - 0891 2747020 / 2513606;Bangalore – Banashankari - 1296 1st Floor, 30th Main Road Banashankari 2nd Stage Bangalore - 560 070. Phone-32008338 / 26711389;Bangalore - Indira Nagar - No. 671, 17th D Cross, Indiranagar 2nd Stage,Bangalore - 560 038. Phone-25258490 / 25219347;Bangalore – Jayanagar - No.- 20, 1st Floor, 8th ‘F’ Main Road, 3rd Block, Jayanagar Bengaluru, 560 011. Phone- 22441561/26534659;Bangalore – Koramangala - No. 28, First Floor, 100 Feet Ringroad, Near Ejipura Signal, Viveknagar Post, Koramangala, Bengaluru – 560047. Phone-41217750 / 41217751;Bangalore – Majestic - 22/5, Jala Shambhavi Complex, 1st Floor, (Opp. To IOB), 22/23, 1st Main Road, Kalidasa Marg, Gandhi Nagar, Bangalore-560009. Phone- 22340034/41530319;Bangalore – Malleswaram - No 12, Ramanuja Plaza, Ground Floor, 5th Cross, Malleswaram,Bangalore - 560 003. Phone-23446386 / 23461470;Banglore - Mangalore - F-1, 1st Floor, Ram Bhavan Complex, Kodialbail - 575 003. Phone-2440163 / 2447051;Banglore - Mysore - 133, Shika Towers, Second Floor, Rama Vilas Road, Mysore - 570 024. Phone- 2424188/4266682;Bengalore – Bannerghatta Road – No. 73/2C, Thimmappa Reddy Layout, (Diagonally opp. To HDFC Bank), Hulimavy Gate, Bannerghatta Road, Bengaluru – 560076;Bengalore – Rajarajeshwari Nagar – No. 826, Second Floor, ‘Paramount Building’, Pandit Jawaharlal Nehru Road, B.E.M.L 3rd Stage, Rajarajeshwari Nagar, Bengaluru – 560098;Bengalore - Yelahanka New Town - No. 715, Suhas complex, A Bolck, 1st Floor, (Opp Seshadripuram College), Yelahanka New Town, Bangaluru - 560064. 41210060/41210062;Bhopal - Manasarovar Complex, FM 14, C Block, First Floor, (Near Habibganj RailwayStation),Habibganj Station Road,Bhopal – 462011. Phone- 4266005/4266006;BIHAR & JHARKHAND - Jamshedpur - Shop No.1, Meghdeep Apts, H No.5, Line No.2, Q Road, Bistupur, Jamshedpur, Pincode - 831001. Phone-2321319/2321330;BIHAR& JHARKHAND – Patna - No.313, Jagat Trade Centre, Fraser Road, Patna 800 001. Phone-2205943/2216166;Chennai - Anna Nagar – No. W-65 A1, TLV Manor, Ground Floor, (Opp. Tower Club), Annanagar, Chennai-600040. Phone- 26282616/26214371;Chennai - Adambakkam - No. 10, 1st Floor, Shastri Nagar, 1st Main Road, Adambakkam, Chennai – 600088. Phone-22441350/22440351;Chennai - Adyar - Ground Floor, 15, Balaram Road, Adyar, Chennai - 600 020. Phone-24420776 / 24914178;Chennai - Ambattur – Old No. 18/2, New No. 58, Mounasamy Madam Street, Ambattur, Chennai- 600053. Phone-26570654/26570679;Chennai - Ashok Nagar - Old No.22, New No.8, II Floor, 10th Avenue, (Above Krishna Sweets), Ashok Nagar, Chennai - 600 083. Phone-24895378 / 24718482;Chennai - Avadi - No.23/3,1st Floor, Anna Street, Gandhi Nagar, Avadi - Chennai-600044. Phone-26380200/26380204;Chennai - Chrompet -No.53 and 55, First Floor, Shop-C, Station Road, Radha Nagar, Chrompet,Chennai - 600 044. Phone- 22653171 / 22653172Chennai - George Town - Old No 111 SREI INFRASTRUCTURE FINANCE LIMITED 43 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
New No 227, Thambu Chetty Street,First Floor (Near Kalikambal Kovil),George Town ,Chennai - 600 001. Phone-25241041 / 25219488;Chennai - Korattur - New No. 19, 780F, North Avenue, Korattur, Chennai - 600080. Phone - 26870901 / 26870903 / 26870904;Chennai - Madhavaram – Plot No. 4-7, Annai Velankanni Nagar, Office No. 1, Arul Nagar Bus Stop, Madhavaram Milk Colony High Road, Chennai – 600051;Chennai - Mogappair -Plot 393 - B, Shop S-1, 2nd Floor, Thriuvallur Salai,Mogappair, Chennai - 600037. Phone-26560587/26560391;Chennai - Mylapore - 11-A, Ground Floor, East Abiramapuram, 1st Street, Mylapore, Chennai- 600004. Phone- 24983748/24983502;Chennai - Nanganallur - No 15, 14th Street, 3rd Main Road, Nanganallur, Chennai - 600 061. Phone-22673728 / 22673928;Chennai - Perambur - 56, Madhavaram High Road, First Floor, Opp.SBI, Perambur, Chennai - 600 011. Phone-25521353 / 25521351;Chennai - Periyar Nagar – No. 4, 1st Floor, Chelliamman Colony, Papermills Road, (Next to Shanmuga Mahal), Peravallur, Chennai- 600082. Phone- 26713123 / 26713126;Chennai - Porur – No. 9 Vinayagar Koil St, New Colony, (Near St. John’s School), Porur, Chennai- 600116. Phone- 24768399/24766755;Chennai - T.Nagar-II (kences Tower) - 1st Floor, Kences Towers, 1, Ramakrishna Street, North Usman Road, T.Nagar, Chennai - 600 017. Phone- 28140484;Chennai - T.Nagar-Motilal Street - 42/1, Motilal Street, T.Nagar, Chennai - 600 017. Phone-24347830 / 24341642;Chennai - Tambaram - 8/38, Duraiswamy Reddy Street, Tambaram West, Chennai - 6000 045. Phone-22260557 /22260386;Chennai - Triplicane - Old No.33 New No.69 1st Floor,SVS center, Big Street, Triplicane, Chennai-600005.Phone- 28543156;Chennai - Velachery - 5/1, Sri Durga Flats (Ground Floor), 1st Cross Street, Vijaya Nagar, Velachery, Chennai- 600092. Phone-42184538 / 42184970;Chennai - Virugambakkam - No. 1, Rajeswari Colony, First Floor, (Near Girias & Next to LIC), Virugambakkam, Chennai - 600 092. Phone- 23644496 / 23644497;Chennai - West Mambalam - New No. 40, Old No. 179/1, Lake View Road, West Mambalam, Chennai - 600 033. Phone- 24748319 / 24748320;Chennai - Kandanchavadi - No. 21, Rajiv Gandhi Salai, Kandanchavadi, OMR Road, Chennai - 600096. Phone-2491812/2491813/2491814;Goa - 107, 1st Floor, Durga Chambers, Opp. Kenis Hotel, 18th June Road, Panjim,Goa - 403 001. Phone-2426904/2426905;GUJARAT - Ahmedabad - Chandkheda - 136, Sarjan-2 Complex, Nr. State Bank of Hyderabad, New C. G. Road Chandkheda, Ahmedabad - 382424. Phone- 23296934 / 23296935;GUJARAT - Ahmedabad – Maninagar - LG 8/9/10, H.J. House, Opp. IOC Petrol Pump, Rambaugh, Maninagar, Ahmedabad - 380008. Phone-25450718 / 25463670;GUJARAT - Ahmedabad – Navrangpura - 21, Nirman, Gr.Floor, Behind Navrangpura Bus Stop, Navrangpura,Ahmedabad - 380 009. Phone-26443289 / 26447825;GUJARAT - Ahmedabad – Paldi - F-103, Sarvamangal Complex, Behind Zalak Complex, Above SBI, Bhatta Cross Road, Paldi, Ahmedabad – 380007. Phone- 26607811 / 26607813;Gujarat - Baroda – Alkapuri - F- 40/41, National Plaza, 1st Floor, R.C.Dutt Road, Alkapuri, Baroda - 390 007. Phone-2343677 / 2341608;Gujarat - Baroda – Makarpura - SB-12 Silver Coin, Basement, Opp. Bhavan’s School, Teen Rasta, Makarpura Road, Vadodara - 390 009. Phone-6451008 / 2648001;Gujarat - Baroda – Raopura - Samarth Building, Gr. Floor, Near Gujrathi School, Shiyapura, Opp. Lane of Chitekhan Hanuman Mandir, Raopura, Baroda - 390 001. Phone- 2421099/ 6585433;Gujarat - Baroda – Waghodia Road - GF/B-14, Parul Society, Near Cosmos Bank, Opp. Prabhat Society, Waghodia road, Baroda - 390019. Phone-2572931/2572932/2572933;Gujarat - Rajkot - 130/131, Star Chambers, 1st Floor, Harihar Chowk, Dr. Rajendra Prasad Road,Rajkot - 360 001. Phone-3041451 / 2240373;Gujarat - Surat - D/G-23 A, International Trade Centre, Ground Floor, Behind Radhakrishna Hotel, Majura Gate, Ring Road, Surat - 395 002. 2474535 / 2479495;Kerala - Cochin - RAJ SOUDH’, I Floor, 39/3477, M.G.Road, Ernakulam - 682 016. Phone-2358922 /2358923;Kerala - Kottayam - Regent plaza, Door No. 203- C, First Floor, CMS Clooege Road, Near Baker Junction, Kottayam - 686001. Phone- 2585607 / 2565608;Kerala - Palghat - No 15/152, J.k.Building, Coimbatore Road, Suthanpet, Palakkad -678001. Phone- 3291019/2535519;Kerala - Thrissur - 1st Floor, B Inland Arcade, Mannath lane, thrissur – 680001. Phone- 2320191/2320192;Kerala - Trivandrum - D-NET Tower, TC 28/2875 (4), 1st Floor, Sahodarasamajan Lane, Vanchiyoor, Trivandrum -695035. Phone- 2461593/2478225;Kerala – Sasthamangalam - TC 9/679-4, Lakshmi Plaza, Vellayambalam, Sasthamangalam P O, Trivandrum - 695010. Phone- 4000206/2318022;Kolkata – Dalhousie- No. 210, A-Wing,2nd Floor, 24.Hemanta Basu Sarani,Mangalam,Kolkata – 700001. Phone- 22310556 / 22310557;Kolkata – Garia - E/188, Ground Floor, Ramgarh, Naktala PO, Kolkata – 700047. Phone- 24304050 / 24304051;Kolkata – Saltlake - BA-37, Sector -1, PNB Island, Kolkata- 700 064. Phone- 23580900 / 23580890;Kolkata – South - Flat No.1-B, 4C Lansdowne Place, Opp. Road of Ramakrishna Mission Hospital, Kolkata - 700 029. Phone- 2474600 / 24742705;Lucknow - 207 - A, 2nd Floor, Saran Chambers II, 5, Park Road, Lucknow - 226 001. Phone-2235736 / 2236766;Maharashtra - Nagpur – Dhantoli - Block No.108, Sathyam Towers, (First Floor), (Next to Hotel Sunny International), Plot No.8, Wardha Road, Dhantoli, Nagpur – 440012. Phone-2420105 / 2420106;Maharashtra - Nasik - B Wing, Parshuram Apts, Opp. Times of India Office, College Road,Nasik - 422 005. Phone-2575524 /2316300;Maharashtra - Pune – Camp - No. 10, Ground Floor, Kumar Pavilion, 2424, Timya Road, Nest to Victor Cinema, East Street, Camp, Pune- 411001. Phone-41239797/41259797;Maharashtra - Pune – Kothrud - No. E-7, 2nd Floor, Rahul Complex, Paud Road, Kothrud, Pune - 411 038. Phone- 41259595 / 41259596;Maharashtra - Pune - Shukrawar Peth - 7 and 8 Arthshilp, Gr.Floor, 1349, 1350, Shukrawar Peth, Bajirao Road,Pune - 411 002. Phone-24473944/24481891;Mumbai - Thane – Vasant Vihar - 22,Amrapali Arcade, Vasant Vihar, Pokhran Road 2, Thane West – 400 601. Phone-21730813/21730814;Mumbai - 15 , 1st Floor, Modern House, Dr.V.B.Gandhi Marg, Fort, Mumbai – 400 023. Phone-40661800;Mumbai - Andheri - A- 27 Laram Centre, 24, S.V. Road, Andheri West, Mumbai- 400058. Phone- 26282685/26282686;Mumbai - Bandra - Shop no 8, Veena Beena Complex, Opp Bandra Railway Station, Mumbai – 50. Phone- 26403883 / 26558735;Mumbai - Borivali - No. 4, Gora Gandhi Apts, I Floor, Above Hotel Samrat, Chandavarkar Lane,Borivali - 400 092. Phone-42087200/42087201;Mumbai - Chembur - 11 and 12, Gr Floor, Neelkanth Commercial Complex, Next to Hotel Orchids, Govandi Road, Chembur - 400 071. Phone-25210768 /25217660,Mumbai - Dadar West - F - 4, Ground Floor, F. Kasturchand Building, Gokhale Road South, Opp Portugese Church, Dadar West, Mumbai 400 028. Phone-24318356/ 24318496;Mumbai - Dombivli - 107, Triveni Building, 1st Floor, Opp: Nityanand Hotel, Jawaharlal Nehru Road, Dombivli (E), Mumbai - 421 201. Phone- 2433471/2433513;Mumbai - Fort – Dalal Street 59, Sonawala Building, Gr.Floor, Bombay Samachar Marg, Fort,Mumbai - 400 023. Phone- 22662825 / 22662728;Mumbai - Ghatkopar - No A - III, Kailas Plaza, Vallabhbaug Lane, Ghatkopar East, Mumbai-400 077. Phone-25086488 / 25086088;Mumbai - Kalyan - No. 116, Siddhi Vinayak Sankul, New Shivaji Path, Station Road, Kalyan West – 421301. Phone – 6500182/6500183;Mumbai - Malad - No.7 1st floor,Abhishek commercial complex,Above Dena Bank,Plotno.104,S V Road Malad (w), Mumbai – 64 . Phone-28802878/28823965;Mumbai - Matunga - Shop No 3, Ground Floor, Hari Mangal Manor, Telang road, Next to Nalli Silks ,Matunga East,Mumbai - 400 019. Phone-24013163/24013164;Mumbai - Mulund - No. B-3, Ground Floor, Mahavir Symphony, Zaver Road, Mulund West, Mumbai - 400 080. Phone-25690700 / 25927065;Mumbai - Nerul - No. 18, Ground Floor, Punit Park, Cosmopolitan- II CHS, Sector 17, Nerul East, Navi Mumbai - 400706. Phone- 27718720 / 27718730;Mumbai - Thane – West – A – 201, Krishna Plaza, Station Road, Naupada, Thane West – 400601. Phone-25301256/25301257;Mumbai - Vashi - No. 13, Arenja Corner, Sector - 17, Vashi, Navi Mumbai - 400 703. Phone-27660042/27660043;Mumbai - Vile Parle - Shop No.105, 1st floor, Super Market, Monghibai Raod, Next to Bank of Maharashtra, Vile Parle East, Mumbai – 400 057. Phone-26133855/26182137;New Delhi – Janakpuri - 108, 1st floor, Jaina tower 1, District Centre, Janakpuri, Newdelhi - 110 058. Phone-45170345 / 45170346;New Delhi – Nehru Place - No. 19B, Ground Floor, Hemkunt Chambers, Nehru Place, New Delhi - 110 019. Phone- 46681444 /46681445;New Delhi – Preet Vihar – 104,1st Floor, Savitri Complex, Plot No.11 (Sikka Tower 11), Preet Vihar Community Centre, Near Preet Vihar Metro, New Delhi - 110 092;New Delhi – Karol Bagh - RD Chambers, 3rd Floor, 16/11, W.E.A. Arya Samaj Road, (Above Kotak Bank), Karolbagh, New Delhi – 110005. Phone- 45170331/45170332;Tamilnadu - Coimbatore - Ramanathapuram - No. 1956, Matha Complex, Opp to City Union Bank, Trichy Road,
44 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
Ramanathapuram, Coimbatore - 641045. Phone- 4210203;Tamilnadu - Coimbatore –Vadvalli - 3/28 – 7 VRR Compex, Maruthamalai Road, Vadavalli, Coimbatore – 641041. Phone- 4212456;Tamilnadu – Coimbatore - R.S.Puram – Janaki Apts., Ground Floor, 29/176, Ramalingam Road (West), R.S. Puram, Coimbatore - 641 002. Phone-2471944 / 2471505;Tamilnadu – Coimbatore - Saibaba Colony - Shop No.19 / 20 Ground Floor, Aarpee Centre,320 N NSR Rd, Saibaba Colony, Coimbatore – 641011. Phone- 2434358 / 2434391;Tamilnadu - Cuddalore - No.72, Seetharam Nagar, Main Raod, Cuddalore - 607001. Phone- 295448;Tamilnadu - Erode - Parimalam Complex, No. 160A, 1st Floor, Mettur Road, Erode - 638011. Phone - 2222021/4270302;Tamilnadu - Devakottai - Shop No. 3 & 4, Saraswathi Theatre Complex, 425, Thiruppathur Road, Devakottai - 630302. Phone 04561-270244;Tamilnadu - Dindigul - Sri, Mahalaxmi Complex, 1st Floor, 72/42, New Agraharam, Opp. BSNL Customer Care, Palani Road, Dindigul - 624001. Phone- 2433402 / 2433403;Tamilnadu - Kanchipuram - No. 55 Kamarajar Street, Kanchipuram -631501. Phone- 27228678/27228668;Tamilnadu - Karaikudi - Mahendra Complex, 7/1, Poisollameyyar Street, New Town, Karaikudi - 630 001. Phone-238452 / 235174;Tamilnadu - Kumbakonam - 36/37, Pachayappa Street, Kumbakonam - 612 001. Phone-2431520 / 2422670;Tamilnadu - Madurai - 82, 1st Floor, Vakkil New Street, Madurai - 625 001. Phone-2630305 / 2620560;Tamilnadu - Madurai - K.K nagar - 1st Floor, Shop No.11, 12 &13, K.N.M Plaza, No. 2 Maruthupandiyar Street, K.K Nagar, Madurai - 625020 . Phone-2580305/4508230;Tamilnadu - Maraimalainagar - No. 33/7, Pavender Salai, NH-1, MIG, Maraimalai Nagar, Kanchipuram - 603209. Phone- 27454767;Tamilnadu - Mayiladuthurai - 1A/2, Kallarai Thoppu Street, Mayiladuthurai - 609 001. Phone- 240046;Tamilnadu - Puduchery – No. 40 – a, Aurobindo Street, (Between M.G. Road & Mission Street), Pondicherry – 605001. Phone- 2222155/4207233;Tamilnadu - Pudukottai - 47, 1st Floor, DGL Towers, Alangudi Main Road, Pudukottai – 622001. Phone- 2222155 / 4207233;Tamilnadu - Salem - Shop No. 8/9/10, M.R. Complex, 1st Floor, No. 114, Kanakupillai Street, Alagapuram, Salem-636004. Phone- 2446727 / 2336746;Tamilnadu - Thanjavur - 1999, Kamal Towers, West Main Street, Thanjavur – 613009. Phone- 230928 / 230929;Tamilnadu - Tirunelveli - “Arunagiri Complex” Next To SBI 25b-1/31 and 25b-1/32 I Floor, S.N.High Road, Tirunelveli Junction - 627 001. Phone- 2323331;Tamilnadu - Trichy - K.K Nagar - Old No. 16/3, New no. 9, Sundar Nagar, 5th cross, K.K Nagar, Main Road, trichy -620021. Phone-6460246;Tamilnadu - Trichy- Thillai Nagar - 25-A , Ground Floor, Githanjali Apartment, Sastri road, (Adjacent to Sippy Theatre) ,Thillai Nagar,Trichy – 620018. Phone- 2741468 / 2742068;Tamilnadu - Trichy-Chatram Bus Stand - Chitra Complex - No.11, Gr. Floor, Near Chatram Bus Stand, Trichy - 620 002. Phone- 2703670 / 2716387;Tamilnadu - Trichy-Srirangam - 1st Floor,Dr. Prabaker Rao Complex, 17-C,Gandhi Road,Srirangam, Trichy - 620 006. Phone-2436211 / 2433512 JM FINANCIAL SERVICES LIMITED Ahmadabad: Mr Bhavesh Shah/Mr.Girish Shah, G-10 Chinubhai Centre, Gr. Flr,Nehru Bridge Corner, Ashram Road, Ahmedabad – 380009, Ph : 079- 26576666/67/68/69/70/30013700; Bangalore: Ms. Poornima, 2015 at Office No.40/1A, 4th Flr, Basappa Complex, Lavelle Road, Bengaluru-560001. Tel no: 080 49272400; Chennai: Mr B Kalaiselvan/Mr. G Ramesh/Ms. Sumithra, Seethakathi Business Centre, Unit No.216, Second Floor, 684-690, Anna Salai (Mount Road), Chennai – 600002, Ph : 044- 28299888; Hyderabad: Mr Chandrasekhar/Mr. Satish Raja,9-10 Uma Chambers, 3rd Floor, Banjara Hills, Hyderabad - 500034, Ph : 040- 40105900; Indore: Mr. VedPrakash Dhimole/ Ms. Arti , UG-7 & 8, Ground Floor, D M Tower, ,21/1, Race Course Road, Indore – 452004, Ph : 0731- 4742100/19; Jaipur: Mr Sanwar Mal Bhargav, G -7 & G-8, Brij Anukamba, Plot No.K-13, Ashoka Marg, C-Scheme, Jaipur – 302001, Ph : 0141-4384400 ; Kolkata: Mr. Bhaskar Chaterjee , Kankaria Estate, 8th Flr,6th Little Russell Street, Kolkata - 700071, Ph : 033- 40310330; Mumbai – Andheri: Mr. Sapna Parulekar , Ground Floor, Anushka, New Link Rd, Andheri (West), Mumbai – 400053, Ph : 022- 66191600/612; Mumbai – Borivali: Ms Jyotsna Solanki/Mr C V George, 1st Floor, New Pushpanjali II, Jambli Galli, (Factory Lane) , Opp Chintamani Jewellers, Borivali (West), Mumbai - 400092, Ph : 022- 33101400; Mumbai - Fort: Mr Kaushik Datta/Kedar Pimputkar/Ms Armin Iran , 2,3,4 Kamanwala Chambers, Ground Floor, Sir P M Road, Fort, Mumbai – 400001, Ph : 022- 22665577/78/79/80, 613603400/30213500; Mumbai – Ghatkopar: Mr. Tilak Sanil/Mr. Biren Solanki ,424/425 Kalidas Plaza, V B Lane, Ghatkopar East, Mumbai – 400075, Ph : 022- 45058700,: Mumbai – Malad: Mr. Nayan Parikh , Office No.2, 1st Floor, Patel Shopping Center, Near Malad Subway, Sainath Road, Malad West, Mumbai – 400064, Ph : 28822831/32/34; Mumbai – Navi Mumbai: Mr. Sudip Godse/Ms. Vaishali Pawar , 328, 3rd Floor, Vardhman Market, Sector 17, Above DCB, Vashi , Navi Mumbai – 400705, Ph : 66329200/03/04; Mumbai – Vile Parle: Mr Ashit Vora/Mr. Preveen ,602, 6th Floor, Kingston, Tejpal Road, Near Railway Crossing,Vile Parle (East), Mumbai 400 057, Ph : 022- 26636731-34, 26135202-03 ; New Delhi: Mr Umesh Yadav/Mr C S Tiwari , 5 G&H, 5th Floor, Hansalaya Building, 15, Barakhamba Road, New Delhi - 110001, Ph: 011- 49537800; Pune: Mr Anand Shirke/Mr Sanjay Yelwande ,205 Business Guild ,Opp. Krishna Dining Hall, Law College Road, Erandawane, Pune – 411004, Ph : 020- 49031600/01; Rajkot: Mr. Sona Verghese, 202 Solitaire, 2nd Floor, Swami Vivekanand Marg, Near Municipal Commissioner Bungalow, Ramkrishna Nagar, Rajkot – 360017, Ph : 0281- 6194000; Secunderabad: Mr. Kalyan Chakravarthy/Mr Praveen Chary ,3rd Floor, 305 Jade Arcade, Opposite Paradise Hotel, M G Road, Secunderabad - 500003, Ph : 040- 40105200; Surat: Mr. Dipen Shah /Mr Nishant Trivedi ,A Wing , 2nd Floor 202 International Commerce Centre Bldg , ( ICC Bldg ),Near Kadiwala School , Majura Gate , Ring Road , Surat – 395002, Ph : 0261- 4081700; Vadodara: Mr. Ghanshyam Vyas/Mr Rashmin Jadhav, G1 Ground Floor, Shohan, 49 Alkapuri Society, Opp. HDFC Bank, Alkapuri, Vadodara – 390007, Ph : 0265- 6191300; Vishakhapatnam: Mr Satish ,Door No 9-1-224/4/3, 1st Floor, Nandan Nirman, CBM Compound, Near Rama Talkies Junction, Visakhapatnam – 530003, Ph : 0891 – 6603800 KARVY STOCK BROKING LIMITED AGRA : F4, 1St Floor, Deepak Wasan Plaza Sanjay Place, Agra, Above HDFC Bank, Uttar Pradesh - 282002; AHMEDABAD : 203, Shail Building,Opp: Madhusudhan House, B/H. Girish Gold Drinks, Off. C.G. Road, Navrangpura, Ahmedabad; ALLAHABAD : 57 S. P. Marg, R.S.A. Tower, Above Sony Showroom, Civil Lines, Allahabad, Uttar Pradesh - 211001; AMBALA : 6349, Nichoson Road, Adjacent Kos Hospital Ambala Cantonement; BARODA - SAVOY : T- 2, 3Rd Floor, Savoy Complex,63, Haribhakti Extension, Opp Abs Tower, Old Padra Rd,Baroda,Gujarat-390007; ; BANGALORE: #59, Skanda ,Puttana Road, Basavanagudi, Bangalore - 560004, Ph : 080 26606126; BANGALORE – KORAMANGALA: #408, Cita Building, Behind Vodafone Store, Koramangala 7Th Block, Bangalore-560095; BANGALORE – MALLESWARAM: No.337, Gf-3,;Karuna Complex, Sampige Road;Opp: New Vegetable Market;Malleshwaram;Karnataka- 560003; BELGAUM : Fk-1, Khimajibhai Complex, Ambedkar Road,Opp: Civil Hospital, Belgaum, Karnataka-590; BHAVNAGAR : 307, Krushna Darshan Complex, Above Jade Blue Showroom, Parimal Chowk, Waghawadi Road, Bhavnagar – 364001; BHOPAL : Kay Kay Business Centre, 133 Zone ,1 Mp Nagar, Bhopal - 462011; BHUBANESWAR : 624, Saheednagar, First Floor, Bhubaneshwar - 751007, Ph : 0674- 2547532 / 31; BAREILLY : 165,Ist Floor Opp Hotel Bareilly Palace Near Rly Station Civil Lines Bareilly-243001; BILASPUR : Shop No 201 & 202, 1St Floor, V R Pla, Link Road, Bilaspur, Chattisgarh - 495001, Ph : 07752-236420; BURDWAN : 63, G.T. Road, Birhata, Halder Comp,1St Floor, Burdwan, West Bengal - 713101, Ph : 0342 2550801/ 2550840; CHANDIGARH : Sco 2423-2424, First Floor, Sector 22C, Chandigarh - 160022; CHENNAI -T NAGAR : No.33/1, Venkataraman Street, T.Nagar, Chennai – 600017;CHENNAI – ADAYAR: F-3, Adayar Business Court, Old No.25,New No 51, Gandhinagar 1St Main Road, Chennai - 600020, Ph: 044 42076801/42076803;CHENNAI – ANNANAGAR
SREI INFRASTRUCTURE FINANCE LIMITED 45 IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
: T-92 Ground Floor Third Avenue Main Road Anna Nagar Chennai-600040; COIMBATORE : Snv Chambers, First Floor, 482/483, Cross Cut Road, Opp: Power House, Gandhipuram, Coimbatore - 641012, Ph : 0422 4343200-215 ; COCHIN: G 39, Panampally Nagar Opp: Kerala State Housing Board, Kochi, Kerala-682036; DALHOUSIE : Martin Burn House, 1, R.N. Mukherjee Road, 2Nd Floor, Room No : 226, Kolkata - 700001; DEHRADUN : 48/49 , Patel Market , Opp- Punjab Jewellers , Near Gandhi Park, Rajpur Road, Dehradun-248001; GHAZIABAD : 1St Floor,C-7, Lohia Nagar, Ghaziabad, Uttar Pradesh - 201001; GURGAON : Shop No. 18, Near Huda Office, Ground Floor, Opp: Akd Tower, Sector 14, Gurgaon; GWALIOR : 1St Floor , J K Plaza,Gast Ka Tazia,Falka Bazar , Lashkar,Gwalior - 474001; HYDERABAD - BANJARAHILLS: Karvy Centre 8-6-609/K, Road #10, Banjarahills ,Hyderabad, Andhra Pradesh - 500032;HYDERABAD – HYDERGUDA : Sri Siva Rama Towers, 3-6-288/3, 1st Floor, Opp. Old Mla Quarters,Above HDFC Bank, Hyderguda, Hyderabad - 500029, Ph: 040-66035731; LUCKNOW : 94 M.G. Marg Opp Governor House Hazratganj Lucknow - 226001; JAIPUR : 107-108,Luhadia Tower, Near Ahinsha Circle, Ashok Marg,C Scheme, Jaipur; HUBLI : Giriraja House, Madhura House, No.45, Ward No.1, Club Road, Hubli, Karnataka, Ph : 0836 2356201; 2356202;2356204; JAMNAGAR : 119, Madhav Plaza, Opp. Sbi Bank, Nr. Lal Bunglow, Jamnagar, Gujarat-361001, Ph : 0288-6499279; JAMSHEDPUR : Kanchan Towers, 3Rd Floor, 3 S.B.Shop Area, Bistupur Main Road, Jamshedpur, Jharkhand - 831001 Ph : 0657-2487020,2487045,2487048; KOLKATTA - 3rd Floor, “B” Block, Apeejay House, 15, Park Street, Kolkata – 700 016; KAKINADA : 13-1-46, Sri Deepthi Towers, First Floor, Main Road, East Godavari, Kakinada, AP - 53300, Ph: 0884 2387382 / 2387383; KANPUR : 15/46, Civil Lines, Opp. Muir Mills, Stock Exchange Road, Kanpur – 208001; KOLHAPUR : Omkar Plaza 1 St Floor, Unit F - 2 & F - 4, Rajaram Road, Bagal Chowk, Kolhapur - 416008, Ph : 0231 2525132/33/34; LUDHIANA : Ist Floor, Sco 136, Feroze Gandhi Market , Ludhina , Punjab - 141001;MADURAI : 274, Goods Shed Street, Madurai,Tamil Nadu - 625001; MUMBAI - THANE : Office No 01, Yashwant Tower, Ram Ganesh, Gadkari Path, Ghantali Road, Naupada, Thane, Mumbai - 400602; MUMBAI - FORT: 2Nd Floor, Jeevan Udyog Bldg,Above Khadi Gram Udyog, Opp Citi Bank , D N Road, Fort Mumbai - 400001; MUMBAI - VILE PARLE : 104,1St Floor, Sangam Arcade Hsg Society, Opp Vile Parle Station, Above HSBC ATM, V P Road, Vile Parle (W), Mumbai - 400056; MADURAI - BYE PASS : Rakesh Towers, Opp Nagappa Motor, No.30, By Pass Road, Madurai, Tamil Nadu - 625010; MANGALORE : Mahendra Arcade, Ground Floor, Kodailabail, Mangalore, Karnataka - 575003, Ph : 0824 2492302 / 2496332 / 2492901;MEERUT : 1St Floor Medi Centre, Opp Eves Petrol Pump, Hapur Road, Near Baccha Park, Meerut; MUZAFFARNAGAR : 203/99 C, Sadar Bazar, Opp Peace Library Muzaffarnagar; NADIAD : 104-105, City Point,Near Paras Cinema, Nadiad, Gujarat - 387001, Ph : 0268-2563210/45/48; NAGPUR : 230-231 3Rd Floor, Shri Ram Shyam Tower, Near Nit Building, Nagpur Maharashtra -440001, Ph : 0712- 6611293/6612376; NASIK : F1, Suyojit Sankul, Sharanpur Road, Near Rajiv Gandhi Bhavan, Nasik - 422002, Ph : 0253 2316232/33/34; NAVSARI : 1/1, 1St Floor, Chinmay Arcade, Opp: Sattapir, Tower Road, Navasari, Gujarat - 396445, Ph : 02637- 280362 / 280363 / 280378; NEW DELHI : 309, Arunachal Building, 19, Barakhamba Road, New Delhi; NOIDA : 307,2Nd Floor Jaipuria Plaza, (Opp Delhi Public School) Sector 26, Noida - 201301; PATNA : Office No: 3006, 3Rd Floor, Yunus Plaza/Grand Plaza,Frazer Road, Patna, Bihar - 800001; PONDICHERRY : No7 First Floor Thayagaraja Street Pondicherry- 605001;PUNE : Mozaic Building, CTS No-1216/1, Fergussion College Road, Shivaji Nagar, Pune - 411004; RAJKOT : 312, Star Chambers, Harihar Chowk, Rajkot, Gujarat; ROURKELA : 1St Floor ,Sandhu Complex, Kachery, Sandhu Complex, Kachery Road, Uditnagar Road, Udit Nagar, Rourkela Orissa - 769012 Ph : 0661-2510770 / 2510772; SHIMOGA : Sri Matra Naika Complex,1St Floor , Above Shimoga Diagnostic Centre, LLR Road Durgigudi, Shimoga, Karnataka - 577201; SURAT : Office No. 312, 3Rd Floor, Empire State Building, Nr. Udhna Darwaja, Ring Road - Surat; TRICHY : Sri Krishna Arcade, 60, Thennur High Road, Thennur, Trichy - 620017, Ph : 0431-2791000, 4020226; TRIVANDRUM : 2Nd Floor, Akshaya Towers, Sasthamangalam Near Hundai Showroom, Above Jet Airways, Trivandrum, Kerala - 695010, Ph : 471-2725989 - 90-91; VARANASI : 1 Floor ,D 64 / Ka Anant Complex ,Sigra Varanasi - 221010; VIJAYAWADA : 39-10-7, Opp: Municipal Water Tank, Labbipet, Vijayawada, Andrapradesh - 520010, Ph : 0866-2495200; VISHAKAPATNAM : 47-14-5/1, Eshwar Paradise, Dwarakanagar Main Road, Vishakapatnam, - 530016 , Ph : 0891- 2752915/16/17/18; KOTAK SECURITIES LIMITED AHMEDABAD:Kotak Securities Limited., 207, 2nd Floor, Sakar-II, Ellisbridge Corner, Ashram Road.P:26587276; BANGALORE:Kotak Securities Limited., ‘Umiya Landmark’–II Flr., No:10/7 -Lavelle Rd.P: 66203601; CHENNAI:Kotak Securities Limited., GRR Business Cneter, No.21, Vaidyaraman Street, T Nagar.P:66462000; COIMBATORE:Kotak Securities Limited., 1st Floor, Red rose chamber, 1437,Trichy road.P: 6699666; HYDERABAD:Kotak Securities Limited., 9-1-777, 4th Flr, Beside ITC Bldg, S D Rd, (LANE Opp to DBR Diagnosis), P:65326394; INDORE:Kotak Securities Limited., 314, Citi Centre, 570, M.G. Road.P:2537336; KOCHI:Kotak Securities Limited., 40/1400, 11th Floor, Ensign Enclave, Jos Junction, M.G. Road.P: 2377386; KOLKATTA:Kotak Securities Limited., “Govind Bhawan” Ground Floor, 2 Brabourne Road, P: 033-66156200; MANGALORE:Kotak Securities Limited., No.4, 3rd Floor, The Trade Centre, Jyoti Centre, Bunts Hostel Road, Near Jyoti Circle, P: 424180; MUMBAI:Kotak Securities Limited., 32, Gr Flr., Raja Bahadur Compound, Opp Bank of Maharashtra, Fort, Mumbai-400 023.Tel:22655074; NEW DELHI:Kotak Securities Limited., 202-217, 2nd Floor, Ambadeep Building, 14, Kasturba Gandhi Marg.P:66313131; SURAT:Kotak Securities Limited., Kotak House, K G Point, 1st Floor, Nr.Ganga Palace, Opp.IDBI Bank, Ghoddod Road.P: 2254553; RR EQUITY BROKERS PRIVATE LIMITED Ahmedabad: RR Equity Broker’s Pvt. Ltd. , 401, Abhijit-1, Opp. Bhuj Mercantile Bank, Mithakhali, 6 Road, Navrangpura, Ahmedabad- 390009,Ph:079- 40211888, 32943827,26422714,26404241,Bangalore: RR Equity Broker’s Pvt. Ltd. S-111, Manipal Centre, 47, Deckenson Road, MG Road,Banglore-560042 080-42477177, Ph:080-42477177/03 Dehradun: RR Equity Brokers’s Pvt. Ltd. Shop No. 17 Shiva Palace 57/19 Rajpur Road Dehradun, Uttarakhand 248001,Ph: 0135-2714154; Faridabad: RR Equity Broker’s Pvt. Ltd. , Shop No. 55, 1st Floor, Near Flyover,Neelam Chowk, NIIT, Faridabad - 121001, Haryana, Ph: 0129-02427361 Jaipur: RR Equity Broker’s Pvt. Ltd., 7,Katewa Bhawan,Opp. Ganapati Plaza, M.I. Road, Jaipur- 302001, Ph: 0141-3235456, 5113317 Kolkata: RR Equity Broker’s Pvt. Ltd. 704,Krishna Bldg.,224,AJC Bose Road, Kolkata- 700017, Ph: 033-22802963/22806878 Lucknow: RR Equity Broker’s Pvt. Ltd. , G-32,Shriram Tower,13, Ashok Marg, Lucknow- 226001, Ph: 0522- 4057612, 2286518 Mumbai: RR Equity Broker’s Pvt. Ltd., 82/1, Apollo House, Ground Floor,Opposite Jammu & Kashmir Bank,Mumbai Samachar Marg, Mumbai 400023, MAHARASHTRA, Ph: +91-22-40544201/224/22702002 New Delhi: RR Equity Broker’s Pvt. Ltd. ,412-422, Indraprakash Building, 21, Barakhambha Road, New Delhi – 110001, 011-23354802 New Delhi: RR Equity Broker’s Pvt. Ltd. , N-24, Middle Circle, Connaught Place, New Delhi – 110001, Ph: 011- 23353480, 23353768, Vadodara: RR Equity Broker’s Pvt. Ltd. , 222 Siddharth Complex, RC Dutta Road. Alkapuri, Vadodra- 390007, Ph: 0265-2353095/2353195
46 SREI INFRASTRUCTURE FINANCE LIMITED IN THE NATURE OF FORM 2A - MEMORANDUM CONTAINING SALIENT FEATURES OF THE PROSPECTUS
SMC GLOBAL SECURITIES LTD AGRA :- F- 4, Block No 35, Surya Kiran Building Near Metro Bar Sanjay Place Agra Ph no 7520787708, AHMEDABAD :- 10-A, Kalapurnam,C G Road ,Near Municipal Market, Ahmedabad 380003 Ph no 9825612323, 09727799200, BANGALORE:- 2003/2, 2nd Floor, (above tata docomo showroom), 100 ft road, HAL 2nd Stage, Bangalore-560008 Ph no 09739161699, CHENNAI:- Salzburg square,flat no.1, 3rd Floor,Door no .107,Harrington Road Chetpet,Chennai-600 031. DEHRADUN :- 7,8,9&10 shiva palace, second floor, rajpur road Dehradun 248001 Ph no 9368572105 HISSAR :- Mago Securities Ltd 104, SCF Gram, 1st Floor Green Square Market Hissar Ph no 09416023332 HYDERABAD/ SECUND’BAD :- 206, 3rd floor Bhuvana Towers, Above CMR Exclusive, S D Road SECUNDERABAD, 500003 INDORE :- 206,Gold Arcade 3/1 New Palasia Opp Curewell hospital, Indore, M P Ph no 9826062666 JAIPUR :- 401, fourth Floor Shyam Anukampa Opp HDFC BANK Ashok Marg C scheme Jaipur Ph no 9928882771 JAMSHEDPUR :- K2-L1 Tiwary Becher Complex ,P.O. Bistupur ,Jamshedpur 831001 Ph no 9934399678 KANPUR :- shop no : G-21, Ground Floor City Centre The Mall Kanpur -228001 ph no 9305358433 KOLKATA :- 18, Rabindra Sarani Podder Court Gate NO 4, 5th Floor Kolkatta -700001 Ph no 09933664479 LUCKNOW :- Radha Krishna Bhawan, Plot No. 3/A, 5 Park Road, Lucknow Ph no 9839826932 MUMBAI :- 258,Perin Nariman Street First Floor Fort mumbai -400001 Ph no 09821111219, 9930055430 NEW DELHI/DELHI:- 17 , Netaji Subhash Marg, Opp. Golcha Cinema Daryaganj, New Delhi-110 002 Ph no 9818620470 , 9810059041, 6B, First Floor Himalaya House 23, K G Marg Connaught place New Delhi -110 001 Ph no 9958696929 9180469955, 503, Ansal Bhawan Barakhamba Road New Delhi -110001 Ph no 9871626464 NOIDA :- 106-Ocean Plaza .P-5 SEC-18, NOIDA-201301 Ph no 9717000378 PUNE :- 3RD Floor, 1206/4B, Durgashankar Building, Beside Khetan Medical Behind Shubham hotel, JM Road Pune 411004 RAJKOT :- 401-Star Chambers, Harihar Chowk, Nr. Panchnth Mandir, Rajkot-360001 Mob - # +91 8000903984, Tel – 0281-3017965 SURAT:-316, Empire State Building, Near Udhna Darwaja, Ring Road, SURAT-395002 || Tel No.: 0261-4005017 SPA SECURITIES LIMITED AHMEDABAD- SPA SECURITIES LIMITED, Office No.: 7, 3rd Floor, 4D Square Mall, Opposite Vishwakarma Engineering College, Ghandinagar Highway, Motera, Ahmedabad.Gujarat- Pin Code: 380005 Mr. Dhawal Patel: 9662686996/Nimit Chawla/Email ID: dhawal. [email protected] ; AGRA- SPA SECURITIES LIMITED, SHOPE NO-9, 10,11 BLOCK NO-17/2/4 FRIENDS WASAN PLAZA SANJAY PLACE AGRA – 282002, TEL: 0562-3058262-239. BANGALORE- SPA SECURITIES LIMITED, 703-704 7TH FLOOR BRIGADE TOWER 135 BRIGADE RAOD BANGLORE – 560025, TEL: 080 4291 7006.CHANDIGARH- SPA SECURITIES LIMITED, 1ST FLOOR, SCO: 174-175, II Floor, Cabin no -204, Sector 9C CHANDIGARH- 160009 TEL: 0172-4678545. CHENNAI- SPA SECURITIES LIMITED, OLD NO.2, NEW NO.3,KANDASWAMY STREET CHANDRABAGH AVENUE, OFF R K SALAI MYLAPORE, CHENNAI – 600004, TEL: 044-43993530. HYDERABAD- SPA SECURITIES LIMITED, NO 6-3-1109/5 &6 2ND FLOOR G S MALL SUMAJI GUDDA HYDERABAD - 500082, TEL: 040-44331300. KOLKATA- SPA SECURITIES LIMITED, DIAMOND CHAMBERS ROOM NO-8-0 8TH FLOOR 4 COWRINGHEE LANE KOLKATA-700016, TEL: 033-22521537. MUMBAI- SPA SECURITIES LIMITED, 101-A, 10TH FLOOR MITTAL COURT A-WING NARIMAN POINT MUMBAI-400021, TEL: 022-40439000.NEW DELHI-SPA SECURITIES LIMITED, 25 C BLOCK COMUNITEY CENTER JANAKPURI NEW DELHI – 110058; TEL: 011-45675500/45586600. NOIDA- SPA SECURITIES LIMITED, B-1A/32, Sector -51, Noida-201301; PATNA- SPA SECURITIES LIMITED, 301 A, 3RD FLOOR BHUWNESHWAR PLAZA NEAR MAGADH STOCK EXCHANGE PATNA-800001, TEL: 0612-3249356/57. TIPSONS STOCK BROKERS PRIVATE LIMITED AHMEDABAD: Tipsons Stock Brokers Pvt. Ltd., 5th Floor, Sheraton House, Polytechnic Road, Ambawadi, Ahmedabad – 380 015, Tel: 3061 1139, 3000 2004; BANGALORE: Tipsons Stock Brokers Pvt. Ltd., 214-B, Mittal Towers, M G Road, Bangalore – 560 001, Tel: 4112 3628, 4112 3828.; CHENNAI: Tipsons Stock Brokers Pvt. Ltd., 70, Cisons Complex, 1st Floor, 150, Montieth Road, Egmore, Chennai – 600 008, Tel: 4265 6273 HYDERABAD: Tipsons Stock Brokers Pvt. Ltd, 501/A, Suryakiran Complex, Sarojini Devi Road, Secunderabad – 500 003, Tel: 2789 1667, 3296 3500 KOLKATA: Chatterjee International Centre, 16th Floor, Room-12, 33A, Jawahar Lal Nehru Road, Kolkata- 700 071, Tel: 2288 0118, 3250 3500, MUMBAI: 211, 2nd Floor, Arun Chambers, Beside A C Market, Tardeo Road, Mumbai - 400 034, Tel: 23524516-18 NEW-DELHI: 1008, 10th Floor, Akashdeep Building, Cannought Place, 26/A, Barakhambha Lane, New-Delhi – 110 001, Tel: 2335 1155, 3260 8500, PUNE: 8, Shree Mangal Prestige, Narpatgiri Chowk, Somvaar Peth, Pune – 411 011, Tel: 2613 1997, 3250 3500 TRUST FINANCIAL CONSULTANCY SERVICES PRIVATE LIMITED AHMEDABAD: TRUST FINANCIAL CONSULTANCY SERVICES PVT LTD., 006, GROUND FLOOR, SAKAR –IV, OPP TOWN HALL, ELLIS BRIDGE, ASHRAM ROAD, AHMEDABAD-380009, TEL. NO:079 30006151; BANGALORE: TRUST FINANCIAL CONSULTANCY SERVICES PVT LTD., NO.910, 9TH FLOOR, PRESTIGE, MERIDIAN1, M.G ROAD, BANGALORE-560001, TEL. NO: 080 42622111; BHARUCH:TRUST FINANCIAL CONSULTANCY SERVICES PVT LTD., BUNGLOW NO.3 UTKARSH SOCIETY, BEHIND POLYTECHNIC COLLEGE, BHARUCH -392002, TEL.NO: 02642-247383; CHENNAI: TRUST FINANCIAL CONSULTANCY SERVICES PVT LTD., “PRINCE ARCADE” 2-C, 2ND FLOOR |NEW NO.29/57 |CATHEDRAL ROAD| CHENNAI - 600086 |TAMIL NADU. TEL. NO: 044-43235856; HYDERABAD: TRUST FINANCIAL CONSULTANCY SERVICES PVT LTD., 511, ADITYA TRADE CENTRE, AMEERPETH, HYDERBAD-500038, TEL. NO: 040 66846061; KOLKATTA: TRUST FINANCIAL CONSULTANCY SERVICES PVT LTD., ROOM NO.64 CHITRAKOOT, 230/A, ACHARYA JAGDISH CHANDRA, BOSE ROAD, KOLKATTA-700020, TEL.NO.033 40845000; MUMBAI: TRUST FINANCIAL CONSULTANCY SERVICES PVT LTD., 1101, NAMAN CENTRE, BANDRA KURLA COMPLEX, BANDRA (EAST), MUMBAI – 400051, TEL. NO: 022-40845000; NEW DELHI: TRUST FINANCIAL CONSULTANCY SERVICES PVT LTD.,912-915, 9TH FLOOR, TOLSTOY HOUSE, 15-17 TOLSTORY MARG, C. P. NEW DELHI 110001, TEL. NO: 011-43554045; PUNE: TRUST FINANCIAL CONSULTANCY SERVICES PVT LTD., 521, STERLING CENTRE, OPP HOTEL ARORA, TOWER, M.G.ROAD CAMP, PUNE - 411001, TEL. NO: 020 66027375/76 YES SECURITIES (INDIA) LIMITED Mumbai : Yes Securities (India) Ltd., Unit No.602 A, 6th Floor, Tower 1 & 2, Indiabulls Finance Centre, Senapati Bapat Marg, Elphinstone Road, Mumbai – 400013, Ph: 9769568398
SREI INFRASTRUCTURE FINANCE LIMITED 47 LIST OF SELF CERTIFIED SYNDICATE BANKS (SCSBS) UNDER THE ASBA PROCESS
TRADING MEMBERS X ] 7 | / $ ] ! ] $] X $ / / LIST OF SELF CERTIFIED SYNDICATE BANKS (SCSBS) UNDER THE ASBA PROCESS. Sr. Syndicate ASBA Bank Branch Address Contact Person Contact Number Fax 1 ] $ 5 & & # _ 7&&#_ &* - 5£ Z X ' % " 022-40754996 ¤ % # X ¤ # 9820850829 2 $ _ Z _ ] ' 040-23387325 040-23387743 3 & $ & X $ / _ &#] X # X " Mr Amod Kumar " 022-22843823 9870340031 4 $ ] $ X & ] % " P.P. Muraleedharan 0471-2333676 0471-2338134 5 |$ $ 5 |$ $ 5 & # } \ _ # " % \ 022-66700669 ] X |& ] 7/ X # U Anoop Jaiswal 66700660 6 $ $ £ X $ ] X % ~ ' & """ 0141-2744457 Jaipur 9413398505 7 $ / $ 5 _ | / X % X X "" X X \ $ " " 022 24974875 ¤ 8 # \ $ & X $ #$ _ # X % X ' ' % \ Tel – 022- 22621122, 022 – 22621124 22621123, 9 | $ "" ¤ % ' 7* X X ] X # 022-66009666 022-66009419 10 } $ X X X X # $ £ " Mr. D. B. Jaiswal 022- 22629408 Fort, Mumbai - 400023. 11 _|& $ 5 Z -# | _|& $ 5 5 & - 5 | % } | 022 -25799801 ' \ % ' \ 7/ X X 12 $ $ X X - X ] ] 40468314, 40468307 022-22835236 13 & & $ 5 & X | % 022-22627600 022-22611138 14 ¤ \ $ _ - $ " X Z % $ B. M. 080-25584385 15 $ X $ " ~ X X X A D Deshpande " 022-22681296 7] Z X 16 $ - & X $ 7"" ¤ _ $ 7' _ Mr. Anil Sawant 022-22094921 & \ % X X " Deputy Manager 9870498689 17 ] $ " _ X # $ "" X $ X % ~ 022-22047626 18 _ $& 5 #&X | } # & "] X X 7* Mr Jagrut Joshi 7 "" 7 X 7 #- - 9870403732 19 ' X $ 5 ' $ " # - * / _ Prashant Sawant " +91 22 66056642 Z ]' ¤ X X 7/ +91 9967636316 20 $ # ~ \ 7 / $ # ~ | ' # " " 022-2272 1782 Mumbai – 400 023. Senior Manager """ 21 & $ & & # &" $ ' & $ 7/ X " S Girish 022-26535504, 022-26535824 98199 12248 22 $ Fort Branch, Sonawala Building, Mumbai Samachar Marg, Fort, Mumbai-400 001 X ] 022 - 22644834 | ¤ # " 23 ] $ ] $ $ X X # $ X X ' ~ & X 7 " 7 " 24 ' ¤ $ 5 | & % & " 044-24340374 044-24340374 25 $ 5 ] $] &/55 % $ | $ X | / " Dhanya Dominic 0484-2201847 4842385605 26 $ $ ] X ¤ X X X ¤ 044 24330233 044 24347755 27 & $ Z \ & $ & $ $ X " X ¤ $ \ 022- 22623148, 22623149 022-22623150 28 - $ & 67, Bombay Samachar Marg, Sonawala Building, Fort, Mumbai -400001 Shri B.K. Palrecha Asstt. General Manager " 022-22654779 29 & $ & & Z$ - X&] & $ ' & $ 7/ X " % Z "" "" 022-26757358 30 ~ # X & $ ] ~ # X - & % ' / X _ 6157 3833 6157 3910 31 $ 5 - 5 Z / Miti shah 9879506795 7926564715 32 }&- $ X X 7% $ }&- $ $ | % X Manager 022 40180105 2222870754 33 & $ & X $ _ _ X % ] X X X ] # "" 022-22664140 - 400 001. 34 } $ Z & X _ } $ } _ - "" _ $ ' " ]ZX 7&X £ | " " 35 $ & X $ ] $ $ # X % X " # # & X 022-22621844 022-22700997 36 $ ] $] & 7-|]5 - &/" $ $ X % / ' John K Mechery 9645817905 0484-2351923 37 - $ Chennai DP Branch, Mezzanine Floor, Cathedral Branch, 762, Anna Salai, Chennai -600 002 X % X X X "" 044- 28513619 "" "" 38 Tamilnad Mercantile X $ 5 | # & # ] " X % \ 044-26192552 044-26204174 $ 5 ] ] 7* & 39 & } $ 5 X & " Sivaraman 044 - 24340010, 24343517, 044 - 24348586 24346060, 24348586 , 380286558, 9382642081, 9380286558 40 $# # $# # _ " ] X X $ ' & X # X X | ] " 022-61964595 $ 7/ X " Mr. Pratima Madiwala " " 41 The Kalupur Commercial ' $ $ & ] % ] " ~ ¤ # X 079-27582028 079-27544666 & - $ 5 42 $ ] ] /] & / ] 5 * % % & " Swaminathan Ganapathy, A.S. Sreedharan " 044-43528911 43 5 ¤ $ 5 $ _ Z " $ X X " % 7X 22670267 7&X 44 $ # CO 99-102, Sector - 8C, Chandigarh Shailendra Kumar " 022-22656346 45 $ X | # $ " & $ | X " X % \ | X 9022469176 022-22656346 46 # & $ 5 & - ¤ $ " X ! 0261-2464577 0261-2464577, 592 47 | $ 5 | $ Z ~ $ # "" " ~ X X X " Z ' 022 – 2202535 022-22871637 48 The Saraswat Co-operative X # | $ & " ¤ X X X 7- "" " " 27884153 $ 5 " 7X " 49 |$ $ 5 |$ $ 5 _ " | | % X " ] +91 22 6613 1213 +91 22 6752 8470 50 | $ | $ & X $ " $ _ & X Branch Manager 022-22661206, 22702881 51 ' $ 5 ' $ 5 X _ - & $ X & ' X % $ X " " "" 0824-2228138 52 The Ahmedabad Mercantile _ U ] _ & ] $ # & 079-26426582-84-88 079-26564863 & - $ 5 53 ¤ $ 5 % & % ] _ % $ ] _ # """ 080-22532111 ] # % \ % " / "" 54 ~ $ 5 | 5 | $ $ " # # "" Shri Ajit Manohar Sane 020-24431011, 020-24431016 020-24431014 55 $ $ #5& " & \ _ / | ] $ % * X " Mr. Parul Parmar " 022-67196996 ] $] ] - & $R | $ /$ 7 U % ] & $ $ / /
48 SREI INFRASTRUCTURE FINANCE LIMITED