Maharashtra State BoardHSC Commerce 12th Board Exam
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Draft a Letter of Allotment of Debentures. - Secretarial Practice

Answer in Brief

Draft a letter of allotment of debentures.

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Solution

DISHA INDUSTRIES LIMITED

50/A Bandra-Kurla Complex

Bandra(East), Mumbai-400051

Web: http://www.dishaindustries.com

Tele. No.: (022) 24761524

E-mail: customer@dishaindustries.com

Ref.: Disha/72/2012-13                   Date: 14th May 2014.  

 

To,

Mr. Mukesh Naik 

C/23, LIC Colony, 

L.J. Road, Mahim, Mumbai-400096  

Sub : Public Issue of 10,00,000 @ 12.5 % Non - convertible

Debentures of Rs. 100 each at per. 

Dear Sir,

In response to your application No. AES-1774 dated 19th April 2012, I am directed by the Board of Directors to inform you that you have been allotted 100 non-convertible debentures of T 100 each.

These debentures are allotted to you as per the resolution passed at the Board meeting held on 8th May 2012 and as per the terms and conditions of Debenture Trust Deed and Articles of Association of the company.

Details of allotment are as follows 

Folio Number of Debentures Distinctive Nos. Amount Received Due Amt. Adjusted amount Type Rate of Interest Tenure/ Maturity Date
  Applied Allotted From To

Rs.

         
B-674

100

100 201 300 10,000

Nil

Nil Non-Convertible (Secured) 12.5% 7 years 08/05/2019

Duly signed and executed debenture certificate will be sent to you on or before 30th May 2012. 

Thanking You.                                        Yours faithfully,

                                                              For Disha Industries Ltd. 

                                                                          Sd/- 

                                                                     Secretary

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