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JHS Svendgaard Laboratories Ltd. Capital/Financing Update 2018
61621_rns_2018-09-22_8245a895-9bfb-4af4-a2c1-848f88ed614d.pdf
Capital/Financing Update
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Date: 22nd September, 2018
T0 The Bombay Stock Exchange Limited Department of Corporate Services 25th Floor, P.J. Towers, Dalal Street, Mumbai-400001
T0 The National Stock Exchange of India Limited "Exchange Plaza", Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai-400 051
Company Code No: 532771
NSE Symbol: JHS
Dear Sir/Madam,
Sub: Disclosure of Information of non-material, unlisted subsidiary of the Company.
Meeting of the Audit Committee of company was held on Saturday, the 22nd day of September, 2018 at 2:00 P.M.
The Audit Committee of the company was apprised periodically the capital re-structuring of its non-material, unlisted subsidiary namely JHS SVENDGAARD BRANDS LIMITED
Name of Subsidiary: JHS Svendgaard Brands Limited
CIN: U52100 DL2008PLC176320
Authorized Capital (INR): 10,00,00,000
Divided into 1,00,00,000 equity shares of Rs.10/- each
Present Issued, Subscribed and Paid up Capital:
| As on 31 st March, 2018 | Additional No.shares issued/converted | Total shareholding as on 22 ndSeptember, 2018 | |||
|---|---|---|---|---|---|
| Shareholders | Nos. of Shares | $\frac{0}{0}$ | Nos. of Shares | $\frac{0}{0}$ | |
| JHS SvendgaardLaboratories Limited | 3,89,901 | 95.12% | 58,10,099 | 62,00,000 | 90.25% |
| Nikhil Nanda | 19,999 | 4.88% | 500,000 | 5,19,999 | 7.57% |
| Siddharth Bassi | $\theta$ | $0%$ | 1,50,000 | 1,50,000 | 2.18 |
| Sushma Nanda | $0%$ | $0%$ | |||
| Ashna Kocchar | $0%$ | $\Omega$ | 0% | ||
| Deepshikha Tomar | $0%$ | $\Omega$ | $0%$ | ||
| Chabbi Lal Prasad | $0%$ | $\Omega$ | $0%$ | ||
| Manju Singh | $0%$ | $\theta$ | 0% | ||
| TOTAL | 4,09,905 | 100% | 64,60,099 | 68,70,004 | 100% |
Registered Office : Trilokpur Road, Kheri (Kala-Amb), Tehsil-Nahan, Distt. Sirmour, Himachal Pradesh - 173030, INDIA Tel.: +91-1702-302119/121/102 - Fax: +91-1702-302125
Corporate Office : B-1/E-23, Mohan Co-operative Industrial Area, Mathura Road, New Delhi - 110044, INDIA Tel.: +91-11-26900411/412, Fax: +91-11-26900434, Email: [email protected]
In addition to the above the aforesaid JHS Svendgaard Brands Limited, a non-material unlisted subsidiary has also issued the following Fully Convertible Warrants:
| No. of Warrants issuedInitially | No. of Warrants convertedinto equity shares | No. of Warrants pending forconversion into equity shares | |
|---|---|---|---|
| Nikhil Nanda | 9,79,996 | 500,000 | 4,79,996 |
| Sixth Sense IndiaOpportunities - II | 25,00,000 | NIL | 25,00,000 |
| Siddharth Bassi | 1,50,000 | NIL | 1,50,000 |
| TOTAL | 31,29,996 |
Brief Terms of FCWs:
All FCWs are liable to be converted into equivalent nos. of fully paid up equity shares of Rs.10/- each.
Subsidiary was in receipt of 25% of issue price at the time of allotment and balance amount of 75% of issue price shall be paid at the time of conversion.
POST CONVERSION OF FCWs the ISSUED, SUBSCRIBED AND PAID UP CAPITAL OF THE NON MATERIAL, UNLISTED, SUBSIDIARY JHS SVENDGAARD BRANDS LIMITED WILL BE AS FOLLOWS:
| Shareholders | Nos. of Shares | $\frac{0}{0}$ |
|---|---|---|
| JHS Svendgaard Laboratories Limited | 62,00,000 | 62% |
| Nikhil Nanda | 9,99,995 | 10% |
| Siddharth Bassi | 3,00,000 | 3% |
| Sushma Nanda | 0% | |
| Ashna Kocchar | 0% | |
| Deepshikha Tomar | $0%$ | |
| Chabbi Lal Prasad | 0% | |
| Manju Singh | $0%$ | |
| Six Sense India Opportunities - II | 25,00,000 | 25% |
| TOTAL | 100,00,000 | 100% |
We request you to take this on record and the same be treated as compliance under the applicable clauses, if any, of the SEBI Listing Regulations.
Thanking you,
Yours sincerely,
For JHS SVENDGAARD LABORATORIES LIMITED
Sanjeev K Singh Company Secretary & Compliance Officer Membership No. - F6295