Question

Draft a letter of allotment of debentures.

Answer 1

DISHA INDUSTRIES LIMITED

50/A Bandra-Kurla Complex

Bandra(East), Mumbai-400051

Web: http://www.dishaindustries.com

Tele. No.: (022) 24761524

E-mail: [email protected]

Ref.: Disha/72/2012-13                   Date: 14^th 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 30^th May 2012. 

Thanking You.                                        Yours faithfully,

                                                              For Disha Industries Ltd. 

                                                                          Sd/- 

                                                                     Secretary