Basis of Allotment |
KOVILPATTI LAKSHMI
ROLLER FLOUR MILLS LIMITED
(Incorporated as Kovilpatti Lakshmi Roller Flour Mills Private Limited on 16/12/1961, under the Companies Act, 1956, with the Registration No. 4674 of 1961. Subsequently the Company became a Public Limited Company by the name Kovilpatti Lakshmi Roller Flour Mills Limited w.e.f. 08/05/1982.) Registered Office: 75/8, Benares Cape Road,
Gangaikondan-627352, Tirunelveli District, Tamil Nadu. PUBLIC ISSUE OF 26,00,000 EQUITY SHARES OF RS. 10/- EACH AT A PREMIUM OF RS.
45/- PER SHARE (I.E. AT A PRICE OF RS. 55/- PER EQUITY SHARE) FOR CASH AGGREGATING RS.
1430.00 LAKHS (HEREINAFTER REFERRED TO AS THE "ISSUE"). BASIS OF ALLOTMENT The Board of Directors of Kovilpatti Lakshmi Roller Flour Mills Limited ("The Company") wish to thank all the investors for their response to the Public Issue. The basis of allotment has been finalized in consultation with the Bombay Stock Exchange Limited (BSE), the designated Stock Exchange, on December 19, 2006 and the equity shares have been allotted as per details given below: Public Issue opened on Monday, November 27, 2006 and closed on Friday, December 01, 2006. The details of valid applications received are as follows:
Full and firm allotment has been made to Retail Investors, Employees/ Directors and Shareholders of the company in their respective categories for all the valid applications. No applications were received in the NRIs / FIIs category. Allotments have been made on the proportionate basis in case of Resident Public- HNI Category, rounded off to the nearest integer subject to a minimum of 100 shares per allottee. Basis of allotment of equity shares to the Resident Indian Public- HNI Category is as follows:
The dispatch of refund orders, allotment intimations and RTGS/ECS intimations has been completed as on 21.12.2006. The credit in respect of allotment in dematerialized form in Central Depository Services India Ltd. (CDSL) and National Securities Depository Ltd. (NSDL) to the valid beneficiary accounts has been completed as on 21.12.2006. The Company has received in-principal approval for listing of equity shares from BSE, vide their letter no. DCS/IPO/NP/FPO-IP1/219/2006 dated 20.12.2006. The company has already made the listing application to Madras Stock Exchange (MSE) and Coimbatore Stock Exchange (CoSE), and other formalities regarding listing of equity shares on these exchanges are in the process of completion. IMPORTANT NOTE: Investors may please note that new equity shares of the company allotted under this public issue shall have the same ISIN as the existing listed equity shares. Investors should note that though new equity shares will be credited to their demat accounts, they can trade in the new equity shares only after ascertaining that trading approvals have been issued and notified by BSE. All futures correspondence in this regard may kindly be addressed to the Registrar to the Issue, whose address is furnished below, quoting full name of the first/sole applicant, application number, number of shares applied and Bank/branch where the application has been lodged.
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