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Faq Abrepose Rights Issue

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0% found this document useful (0 votes)
28 views3 pages

Faq Abrepose Rights Issue

Uploaded by

Tanush
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

ABREPOSE FINANCIAL AND TECHNICAL SERVICES LIMITED

Regd. & Admn. Office: 16-11-16/184, “SRINIVASAM”, 2nd FLOOR,


SRIPURAM COLONY, MALAKPET, HYDERABAD
Carrying forward the care and concern………!
(CIN. No. U65993TG1991PLC013572)
Phones: 04024069318 :: Mobile: 9845357573 / 9441229318
Email id: [email protected]

FAQ ABREPOSE RIGHTS ISSUE

Dear Shareholders,

ABREPOSE FINANCIAL AND TECHNICAL SERVICES LIMITED was incorporated under


Companies Act, 2013 on 16.12.1991 and completed 33 years of its journey
successfully.

The Paid-up capital of the Company as on 31.03.2025 was Rs. 3.42 Crores and NoF Rs.
4.70 Crores. The company decided to raise further capital to the extent of 51,36,732
Equity Shares of Rs. 10/= each (AT PAR) aggregating to Rs. 5,13,67,320/= to its eligible
shareholders including CCPs holders of the Company by way of RIGHTS ISSUE at 1:1.5
ratio.

In this regard, we wish to place the FAQ before you for ready reference:
01. OBJECT OF THE ISSUE : To enhance the capital base of the Company,
to meet its business requirements and to utilize
the proceeds of the issue for expanding the
business of the Company.
02. How many shares the : 51,36,732 shares of Rs. 10/= each (AT PAR)
company proposed to issue
03. Period of Offer :
Issue : 10.30 a.m. on 21.11.2025
Opens on
Issue : 18.00 p.m. on 20.12.2025
Closes on
04. Proportion in which the shares : 1: 1.5 (For example the shareholder is having
are being issued 1,000 shares, he is eligible for subscribing 1,500
shares)
05. Who are eligible for : The Equity Shareholders and CCPs holders
participating in the issue whose names appear in the register of
members as on the offer date
06. Can a shareholder apply for : Yes. He can apply for more than his eligibility
more than his eligibility? also. Sky is the limit
07. Whether a shareholder can : A shareholder can subscribe partially also. (For
apply for partially within his example, the shareholder is having 10,000
eligibility? shares, he is eligible for 15,000 shares. He want
to subscribe for only 10,000 shares by
submitting the Application for Rights Issue
(Annexure-I). For remaining 5,000 shares, he
may give the renunciation in favour of other
person duly signing the Renunciation letter
(Annexure-II)
08. Can a non-shareholder : Non-shareholders also can subscribe the offer
subscribe the offer? on the following lines:

1. By getting the renunciation from the existing


shareholder for the shares subscribed by him.
2. In case any of the existing shareholder
declines to accept the offered shares, such
shares be disposed by the Board of Directors
in such manner, which is not disadvantageous
to the shareholders and the company.
09. Is demat account is : Yes. Demat account is compulsory. If the
compulsory for subscribing for person is not having demat account, he has to
the issue? open the demat account before tendering the
application and he has to fill in the particulars
of demat account invariably in the
application.
10. Can the subscriber pay the : Full value of equity shares ie. Rs. 10/= each
amount of application money equity shares subscribed is payable along
at a later date? with the application itself.
11. To which account the : All the account payee local cheques/drafts
application money be accompanying the application should be
credited? drawn in favour of “ABREPOSE FINANCIAL AND
TECHNICAL SERVICES LIMITED” payable at
Hyderabad. The amount may also be credited
by way of RTGS/Online transfer to the Share-
Application money account mentioned
below:
A/c No. : 240911010000078
Bank : Union Bank of India
Branch : Gaddi-Annaram Br.
IFSC Code : UBIN0824097
.
12. Any other documents be : PAN & Aadhar copies in case of new
attached to the application subscribers.
All the subscribers irrespective of existing
shareholders or new subscribers, should
invariable fill-in the particulars mentioned in
the back side of the share application form
(Annexure-I).
13. Whether the amount can be : No. The payment should be invariably paid
transferred from others from the account of the applicant only. If
accounts? amount is paid from some other account, the
application will be rejected.
14. Whether cash is acceptable? : Cash is not acceptable. The payment should
be made through the account of the
subscriber invariably.
15. Whether any body corporate : In case of application under power of attorney
can participate in the issue? or by a body corporate or by a society, a
certified true copy of the relevant power of
attorney or resolutions or authority to the
signatory to make the investment under this
offer and to sign the application and a copy
of the Memorandum and Articles of
Association or bye laws of such corporate or
society should be accompanies by
application.
16. Whether Non-Resident : For the Non-Resident members, the allotment
Members can participate in of further shares shall be made as per the
the issue? Regulation issued by the RBI under the FEMA
Act, 1999
17. Dividend clause : The new equity shares proposed to be issued
shall rank in all respects pari-passu with
existing fully paid-up equity shares of the
company.

Provided that equity shares so allotted during


the financial year shall be entitled to pro-rata
dividend, upon declarion of any dividend for
the financial year in which allotment has been
made.
18. Whether the existing :
shareholder can decline to
accept the offer?

19. What would be the basis of :


allotment?

20. Ultimate powers of the Board :


for allotment of shares

MANAGING DIRECTOR

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