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Adani Enterprises Ltd. M&A Activity 2020

Mar 7, 2020

61303_rns_2020-03-07_f3d20be2-0d72-49bb-9344-230a3c5b6869.pdf

M&A Activity

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thSep tember. 2015 areasunder:-
Sr.No. Particulars Details
a) Nameofthetargetentity. detailsinbriefsuchassize. turnover etc. RajputanaSmartSolutionsLimited(RSSL)i)AuthorizedShareCapital:Rs.1.00.0001- (RupeesOneLakhOnly).ii)Paid-UpShareCapital:Rs.1,00.0001- (RupeesOneLakhOnly).iii) Turnover: Nil (yet to commencebusiness operations)
b) Whethertheacquisition would fallwithinrelated party transaction(s)andwhetherthepromoterlpromotergrouplgroup companieshave anyinterestintheentitybeing acquired?Ifyes.natureofinterestand detailsthereofandwhetherthesame is done at "armslength". No
being acquired?Ifyes.natureointerestand detailsthereofandwhetherthesame is done at "armslength".Adi Eti Ltd being acquired?Ifyes.natureointerestand detailsthereofandwhetherthesame is done at "armslength".

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I
Sr.No. Particulars Details
c) Industrytowhichtheentitybeingacquired belongs RSSoper Lisyetto commenceitsbusinessations.
d) Objects andeffectsofacquisition(includingbutnotlimited to.disclosureofreasonsforacquisitionoftargetentity.ifitsbusinessisoutside the main lineofbusinessofthe listed entity) IncoLimiopercarrand rporated by AdaniAirportHoldingsted. aWOSofthe Company.foratinge.maintainingtheairports andyingoutthe commercial activities inoutside the airports.
e) Briefdetailsofany governmentalorregulatory approvals requiredfortheacquisition. No
f) Indicativetimeperiodforcompletionofthe acquisition N.A.
g) Natureofconsideration -whethercash consideration or share swapand detailsofthe same; Cash
h) Costofacquisition or the priceatwhichtheshares are acquired; Rs.1.00.000(10.000Equity SharesofRs.10 each)
i) Percentageofshareholding/controlacquired and / or numberofshares acquired; 100%
j) Briefbackgroundabouttheentityacquired in termsofproducts/lineofbusiness acquired. dateofincorporation. historyoflast3years turnover.countryinwhichtheacquiredentityhas presenceandanyothersignificant RSSLisincorporatedinIndiaandregisteredwiththeRegistrarofCompanies. GujaratatAhmedabad on6thMarch.2020and isyettocommenceitsbusiness operations.
information(in brief);