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RPSG VENTURES LIMITED Capital/Financing Update 2021

Mar 30, 2021

61311_rns_2021-03-30_1e4f57aa-fcbd-4eac-93ab-dccfd9989ca4.pdf

Capital/Financing Update

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Annexure A Annexure A
Sr. Details of Events that need to be provided Information of such events(s)
No.
a) name of the target entity, details in brief APA ServicesPrivateLimited('APA'),is aCore
such as size, turnover etc.; InvestmentCompany,engaged in investment
activities.
Total revenue of the target entity for the year
ended:31st March 2020 = Rs. 159.46 lakh (Audited)
b) whether the acquisition would fall within APA is a part of RP-Sanjiv Goenka Group and the
related party transaction(s) and whether acquisition of equity shares of APA by the Company is
the promoter/ promoter group/ group a related party transaction and is being done on an
companies have any interest in the entity arm's length basis.
being acquired?
If yes, nature of interest and details thereof
and whether the same is done at "arm's
length";
c) industry to which the entity being acquired Investment activities.
belongs;
d) objects and efects of acquisition (including The investment in APA will help the Company having
but not limited to, disclosure of reasons for under it existing sports portfolio of RP-Sanjiv Goenka
acquisition of target entity, if its business is Group. This acquisition will bring in many synergies in
outside themain line of business of the the Company's business and long-term strategies.
Company);
e) briefdetailsofanygovernmental or No approval required
regulatoryapprovalsrequiredforthe
acquisition;
f) indicative timeperiod for completion of Not applicable
the acquisition;
g) nature of consideration- whether cash Cash consideration
consideration or share swap and details of
the same
h) cost of acquisition or the price at which the Rs. 0.22 per equity share of APA
shares are acquired;
I",v'J 'V
i) percentageof shareholding_I_control 100% of issued, subscribed and paid up share capital 100% of issued, subscribed and paid up share capital
acquiredand_I_ornumberof shares of APA.
acquired;
j) brief background about the entity acquired APA was incorporated on 24 October, 2011 and is
intermsof products/lineofbusiness engaged in investment activities in sports segment
acquired, date of incorporation, history of belonging to RP-Sanjiv Goenka Group.
last 3 years turnover, country in which the
acquired entity has presence and any other Total revenue for the previous 3 (three) financial
significant information (in brief); years is as follows:
31st March 2020= Rs. 159.46 Lakh (Audited)
31st March, 2019=Rs.988.14 Lakh (Audited)
31st March, 2018: Rs. 720.94 Lakh (Audited)