Peninsula Land Limited — M&A Activity 2018

Oct 26, 2018

==> picture [240 x 40] intentionally omitted <==

Regulations, 2015, we wish to inform yo	Regulations, 2015, we wish to inform yo	Regulations, 2015, we wish to inform yo	Regulations, 2015, we wish to inform yo	u that the Company, through its subsidiary	u that the Company, through its subsidiary	u that the Company, through its subsidiary
Peninsula Holding and Investment PrivatePurchase Agreement to acquire71%Equity				Limited (PHIPL) has entered into a SecuritiessharesofRRMega City Builders Limitedon
25thOctober, 2018, thereby making it a step				-down subsidiaryofthe Company. The details
oftheacquisition are mentioned below:
		Sr.No.	Particulars		Details
			Nameofthetargetentity		RR Mega CityBuilders Limited
					Rs1594 Crores [the networthIS
		1.	Size (Networth/Assets) asperlast		.. negative by (Rs.12.76 Cr.) excluding
			Balance Sheet		deemed equityofRs. 28.70 Cr. arising
					duetotransition to IndAS.]
			Turnoverasperlast Balance Sheet		Rs. 28.89 Crores
					Thisisnot a Related Party transaction.The Compan through its subsidiary
			hhhii		yPHIPL ld hld 14%fth Eit
		2.	WetertetransactonsRPTanwhetherthereisanyexisting interes	t	areay eoe quySharesofRRMegaCity Builders
					Limited. The transactionISdone at"arms length."
		3.	IndustryofRRMegaCity BuildersLimited		Real Estate and Construction.
		4.	Objectsandeffectsofacquisition		Enhancementofinterest in Real Estate
					Project Company.
		5.	Indicative timeperiod		25mOctober,2018.
		6.	NatureofConsiderationanddetails		CashConsi~-t-ilil:!l.:
		MN5ULA.ANDLIMITEDeninsulaSpenta,Phone:+912266229300huradasMills, apatiBapatMarg,erParel,Mumbai400013.a.Fax:+912266229302Email:info@peninsula.co.inURL:www.peninsula.co.inCINNO. L17120MH1871PLCOOOOO5~~( il ~

==> picture [240 x 40] intentionally omitted <==

7.	Cost ofacquisition	Rs. 710/- (Seven Hundred and Ten only)
8.	NumberofSharesandPercentage ofhohling	71000 Equity Shares amounting to71%ofthe Share CapitaloftheCompany.
9.	BriefbackgroundaboutRRMega CityBuilders Ltd.:
a.	Lineofbusiness	Real Estate and Construction
b.	Dateofincorporation	02/0612007
c.	Last three year's turnover	2015-16 : Rs. 52.59 Crores2016-17 : Rs. 228.13 Crores2017-18 : Rs. 28.89Crores
d.	Country ofpresence	India