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Apar Industries Ltd Capital/Financing Update 2022

May 6, 2022

61163_rns_2022-05-06_3411974e-c433-47a2-a99b-5aae35fc2bd3.pdf

Capital/Financing Update

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Thedetailsasrequiredunder SEBI(ListingObligationsandDisclosureRequirements) Thedetailsasrequiredunder SEBI(ListingObligationsandDisclosureRequirements) Thedetailsasrequiredunder SEBI(ListingObligationsandDisclosureRequirements) Thedetailsasrequiredunder SEBI(ListingObligationsandDisclosureRequirements)
Regulations,2015readwithSEBICirc2015areasunder:- ularNo.CIR/CFD/CMD/4/2015dated9thSeptember,
Sr.No.DParticularsNameofthetargetentity,detaibriefsuchassizeturnoveretc Details
Sr.No.DParticularsNameofthetargetentity,detaibriefsuchassizeturnoveretc Details
lsin CEMAWIRES&CABLESINC.(theCororation)
, . p.
2.Whethertheacquisitionwouldfallwithinrelatedpartytransaction(s)andwhetherthepromoter/promotergroup/groupcompanieshaveanyinterestintheentitybeingacquired?Ifyes,natureofinterestanddetailsthereofandwhetherthesameisdoneat"arm'slength".TheCorporationshallhaveauthoritytoissueupto1000sharesofcommonstockoftheparvalueof$.01pershare.No .2
::2:
BAPAR
Tomorrow'ssolutionstoday
3. Industrytowhichtheentitybeing T businessincluding warehousing/
acquiredbelongs, storingactivities
4. Objectsandeffectsofacquisition TheCorporationhasbeenincorporatedwith
(includingbutnotlimitedto, themainobjecttocarry outthetrading
disclosureofreasonsfor business inCable&Wiresand/orother
acquisitionoftargetentity,ifits products includingwarehousing/storing
businessisoutsidethemainlineof activities.
businessofthelistedentity).
5. Briefdetailsofanygovernmentalor N.A.
regulatoryapprovalsrequiredfor
theacquisition.
6. Indicativetimeperiodfor N.A.
completionoftheacquisition.
7. Natureofconsideration-whether Cash
cashconsiderationorshareswap
anddetailsofthesame.
8. Costofacquisitionorthepriceat APARIndustriesLimited (theHolding
whichthesharesareacquired. Company)willsubscribeto 1000sharesof
common stockoftheparvalueofUS$.01per
share.
9. Percentageofshareholding/ 100%
controlacquiredand/ornumberof
sharesacquired.
10. Briefbackgroundabouttheentity TheCompanyhasbeen incorporatedas
acquiredintermsofproducts/lineof CEMAWIRES&CABLESINC.,intheformof
businessacquired,dateof C-Corporationentity,having registeredoffice
incorporation,historyoflast3years at251 LittleFallsDrive, intheCityof
turnover,countryinwhichthe Wilmington,CountyofNewCastle,19808in
acquiredentityhaspresenceand theState ofDelaware,on26thApril,2022.
anyothersignificantinformation(in
brief).
Thankingyou,
Yoursfaithfully,
ForAPARIndustriesLimited
(SanjayaKunder)
CompanySecretary