|Basis of Allotment|
K.M. SUGAR MILLS LIMITED
(The Company was Incorporated as K. M. Sugar Mills private Limited on 17th December, 1971 With Registrar of Companies, Uttar Pradesh, Kanpur and was converted into a Public Limited Company on 13th September, 1974. The Company was converted back to a private limited comany on 24th April, 2002 and then again converted into a Public Limited Company with its present names as K.M. Sugar mills Limited on 20th April, 2005)
Regd Ofice : 11, Moti Bhavan, Collectorganj,
Public Issue of 64,00,034 Equity Shares of face value of Rs. 10/-each at a premium of Rs.42/-per share aggregating Rs,3328 Lacs.
The Basis of Allotment of Public Issue was approved by Bombay Stock Exchange Limited on November 09th, 2005. The Committee of Directors of the Company at its Meeting held at Faizabad on 09th November 2005 at 6:00pm allotted the shares to be successful applicants. Details of applications received, allotments done are as under:
The details of the applications received in the Issue from Retails Category, Corporated/Institutions (Non Retail Category)/Employee"s are as under:
A. Allotment to Retail Investors.
The total number of Shares allotted in this category is 33,89,528 Equity Shares(58.44% of total shares allotted to Retail category). The Category-wise details of allotment are given below. Each allottee has been allotted 100 Sahres (*except as mentioned in the table here in below)
B. Allotment to Bodies Corporate/Institutions(Non Retail Category)
The total number of shares allotted in this category is 24,10,506 Equity Shares.(41.56% of total shares allotted to Non-Retail category)
2000 Shares category onwards the Allotment of shares has been proportionate and Firm
C. Allotment to Employees.
The Company has received 38 Valid application for 6,00,000 shares. All applicants have been allotted shares on a firm basis and the total no of shares allotted in this category is 6,00,000 Equity shares.
Dates of dispatch of Refund Orders, Credit to beneficiary Accounts and Listing details
The Refund Orders have been despatched to the address of the investors as registered with the depositories. In case the same is not received within ten days, investors may contact at the address given below. The Refund Orders have been over-printed with the Bank Mandate details as registered, if any with the depositories. The shares allocated to successful applicants have been credited to their beneficarey accounts subject to validation of the account details with the depositories concerned.The company is taking steps to get the equity shares admitted for trading on Bombay Stock Exchange Limited (BSE) with in seven working days from the date of approval of the Basis of Allotment.
INVESTORS PLEASE NOTE
Investors should note that they should deal in the new quity shares of the Company only after confirming that the Listing and trading permission for the same have been obtained from BSe.
This details of the allocation made would be hosted on the website of the Registrars to the Issue,Intime Spectrum Registry Limited at www.intimespectrum.com
All future correspondence in this regard may kindly be addressed to the Registrars to the issue quoting full nameof the First/Sale applicant, Serial No.of the Applicant form number of shares applied for and the name of the Bank branch Where the application was lodged at the following address given below:
Intime Spectrum Registry Limited
THE LEVEL OF SUBCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE QUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF K M SUGAR MILLS LIMITED.