213
by registered post/ speed post so as to reach them on or before the closure of the Issue i.e. [*]. The
Company or the Registrar to the Issue will not be responsible for postal delays or loss of applications in
transit, if any.
The applicants are requested to strictly adhere to these instructions. Failure to do so could result in the
application being liable to be rejected with our Company, the Lead Manager and the Registrar not
having any liabilities to such applicants.
Quoting of Permanent Account Number in the application forms:
Pursuant to the circular MRD/ DoP/ Circ-05/ 2007 dated April 27, 2007, SEBI has mandated Permanent
Account Number (PAN) to be the sole identification number for all participants transacting in the securities
market, irrespective of the amount of the transaction with effect from July 2, 2007. Each of the applicants
should mention his/her PAN allotted under the I.T. Act. Applications without this information will be
considered incomplete and are liable to be rejected.
It is to be specifically noted that applicants should not
submit the GIR number instead of the PAN, as the application is liable to be rejected on this ground
Last date for submission of CAF
The last date for submission of CAF is [*]. The Issue will be kept open for a minimum of 15 days and the
Board of Directors/ Committee of Directors will have the right to extend the said date for such period as it
may determine from time to time but not exceeding 30 (thirty) days from the Issue Opening Date.
If the CAF together with the amount payable is not received by the Bankers to the Issue/ Registrar to the Issue
on or before the close of banking hours on the aforesaid last date or such date as may be extended by the Board
of Directors/ Committee of Directors, the offer contained in this Draft Letter of Offer shall be deemed to have
been declined and the Board of Directors/ Committee of Directors shall be at liberty to dispose off the Equity
Shares hereby offered, as provided under the heading “Basis of Allotment”.
Incomplete application
CAFs which are not complete with regard to any of the particulars required to be given therein or are not
accompanied with the application money amount payable are liable to be rejected.
214
(C)
MODE OF PAYMENT
For Resident Shareholders/Applicants:
Payment(s) must be made by cheque/ demand draft and drawn on any bank (including a co-operative bank)
which is situated at and is a member or a sub-member of the Bankers' Clearing House located at the centre
where the CAF is submitted. A separate cheque/draft must accompany each CAF. Only one mode of payment
should be used. Money orders, postal orders and outstation cheques will not be accepted and applications
accompanied by any such instruments will be rejected.
Shareholders/ applicants residing at places other than those mentioned in the CAF and applicants who wish to
send their applications but not having collection centers should send their application by registered post, to the
Registrar to the Issue enclosing a demand draft drawn on a clearing bank and payable at Chennai net of bank
charges and postal charges, before the closure of the issue. Such cheques /drafts should be payable to "RRL -
RIGHTS ISSUE"
and marked 'A/c Payee only’. No receipt will be issued for the application money received.
However, the collection centre receiving the application will acknowledge receipt of the application by
stamping and returning the acknowledgement slip at the bottom of each CAF. The Company is not responsible
for any postal delay/ loss in transit on this account.
For Non-Resident Shareholders/Applicants
As regards the application by non-resident equity shareholders, the following further conditions shall apply:
Application with repatriation benefits
Payment by NRIs/ FIIs/ foreign investors must be made by demand draft/ cheque payable at Chennai or funds
remitted from abroad in any of the following ways:
•
By Indian Rupee drafts purchased from abroad and payable at Chennai or funds remitted from abroad
(submitted along with Foreign Inward Remittance Certificate); or
• By cheque/ draft on a Non-Resident External Account (NRE) or FCNR Account maintained in Chennai; or
•
By Rupee draft purchased by debit to NRE/ FCNR Account maintained elsewhere in India and payable in
Chennai; or
• FIIs registered with SEBI must remit funds from special non-resident rupee deposit account.
All cheques/ drafts submitted by non-residents applying on repatriable basis should be drawn in favour of
"RRL - RIGHTS ISSUE - NR"
at Chennai and crossed ‘A/c Payee only’ for the amount payable.
A separate cheque or bank draft must accompany each application form. Applicants may note that where
payment is made by drafts purchased from NRE/ FCNR accounts as the case may be, an account debit
certificate from the bank issuing the draft confirming that the draft has been issued by debiting the NRE/ FCNR
account should be enclosed with the CAF. In the absence of the above the application shall be considered
incomplete and is liable to be rejected.
In the case of NRIs who remit their application money from funds held in FCNR/NRE Accounts, refunds and
other disbursements, if any shall be credited to such account details of which should be furnished in the
appropriate columns in the CAF. In the case of NRIs who remit their application money through Indian Rupee
Drafts from abroad, refunds and other disbursements, if any will be made in US Dollars at the rate of exchange
prevailing at such time subject to the permission of RBI. The Company will not be liable for any loss on
account of exchange rate fluctuation for converting the Rupee amount into US Dollars or for collection charges
charged by the applicant’s Bankers.
Application without repatriation benefits
As far as non-residents holding shares on non-repatriation basis is concerned, in addition to the modes specified
above, payment may also be made by way of cheque drawn on NRO Account maintained in Chennai or Rupee
Dostları ilə paylaş: |