varroc engineering limited · eyoting@cds!india com or contact mr. nitin kunder {022-23058738 ) or...

3
Varroc Engineering Limited Regd. & Corp. Office L·4, MIDC, Industrial Area I Tel +91 240 6653600 Waluj, Aurangabad 431 136 fax +91 240 2564540 Maharashtra, India VARROC/SE/INT/2020-21/23 To, email: [email protected] CIN: L28920MH1988PLC047335 ( 1) The Manager - Listing (2) The Manager - Listing •• Vdrroc July 24, 2020 The Listing Department, The Corporate Relation Department, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/l, G Block, Phiroze Jeajeebhoy Towers, Handra-Kurla l!omplex, Ualal l:ltreet, Fort, Bandra (East), Mumbai-400051. Mumbai-400001. NSE Symbol: VARROC BSE Security Code: 541578 Security ID: VARROC Sub: Newspaper Advertisement - Publication of Notice for 32nd Annual General Meeting ('AGM') Ref.: Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 Dear Sir/Madam, We hereby enclose copies of newspaper advertisement published in the Business Standard (English) and Loksatta (Marathi) in respect of Notice of 32nd AGM scheduled to be held on Friday, August 14, 2020. Further, in compliance with the Ministry of Corporate Affairs ('MCA') Circular dated May 5, 2020 read with Circulars dated April 8, 2020 and April 13, 2020 and SEBI Circular dated May 12, 2020, the Company has sent Notice of 32nd AGM alongwith Annual Report for FY 2019-20 only by electronic mode on July 23, 2020, to all the Members whose email addresses are registered with the Depository Participants -or the Company. Kindly take the same on your record and note the compliance. Yours faithfully, For Varroc Engineering Limited Ajay Sharma Group General Counsel and Company Secretary Encl: e-newspaper clippings

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Page 1: Varroc Engineering Limited · eyoting@cds!india com or contact Mr. Nitin Kunder {022-23058738 ) or Mr. Mehbooll Lakhani (022-23058543) or Mr. Rakesh Dalvi (022-23058542). All grievances

Varroc Engineering Limited Regd. & Corp. Office

L·4, MIDC, Industrial Area I Tel +91 240 6653600 Waluj, Aurangabad 431 136 fax +91 240 2564540 Maharashtra, India

VARROC/SE/INT/2020-21/23

To,

email: [email protected] www.varroc~.com

CIN: L28920MH1988PLC047335

( 1) The Manager - Listing (2) The Manager - Listing

• • Vdrroc

July 24, 2020

The Listing Department, The Corporate Relation Department, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/l, G Block, Phiroze Jeajeebhoy Towers, Handra-Kurla l!omplex, Ualal l:ltreet, Fort, Bandra (East), Mumbai-400051. Mumbai-400001.

NSE Symbol: VARROC BSE Security Code: 541578 Security ID: VARROC

Sub: Newspaper Advertisement - Publication of Notice for 32nd Annual General Meeting ('AGM')

Ref.: Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015

Dear Sir/Madam,

We hereby enclose copies of newspaper advertisement published in the Business Standard (English) and Loksatta (Marathi) in respect of Notice of 32nd AGM scheduled to be held on Friday, August 14, 2020.

Further, in compliance with the Ministry of Corporate Affairs ('MCA') Circular dated May 5, 2020 read with Circulars dated April 8, 2020 and April 13, 2020 and SEBI Circular dated May 12, 2020, the Company has sent Notice of 32nd AGM alongwith Annual Report for FY 2019-20 only by electronic mode on July 23, 2020, to all the Members whose email addresses are registered with the Depository Participants -or the Company.

Kindly take the same on your record and note the compliance.

Yours faithfully, For Varroc Engineering Limited

Ajay Sharma Group General Counsel and Company Secretary

Encl: e-newspaper clippings

Page 2: Varroc Engineering Limited · eyoting@cds!india com or contact Mr. Nitin Kunder {022-23058738 ) or Mr. Mehbooll Lakhani (022-23058543) or Mr. Rakesh Dalvi (022-23058542). All grievances

Busine~ Standard MUMBAI FRIDAY, 24 JULY 2020 •

PRIYA INTERllAnONAL LIMITED ~ CIN: U1111199MH1983PLC088840

11'1)(.D Regel. Otnce: 4~ Floor, Kimatrai Building, n-79 -- Maharshl ~e Marg, Marine u~ (El Mumbai - 400 002.

Tel .• 022-4220 3100, Fu •• 622-4220 3197 E.....;1: csOpriyagroup.ccm Web: www.priyagroup.com

NOTICE NOTICE Is hereby given that pursuant to Regulation 29(1) read with Regulation 47 ol SEBI (Listing Obl[getion and Disclosure Requirements) Regulations, 2015, a meeting of the Board of Directors of the Company Wiii be held on Friday, the 31• July, 2020 at the registered office of the Com~ lnter-alla to consider and take on record the

~~::~~=' ~i::'co~::'!nd:'6¥ ~~i~:~~~rta"i:'Y~d financial year ended on By Ordw ol h llolrd of Dinlclors

For PRIYA INTERNATIONAL LftlTED Sd/­

Mtya Blluwanla Ploco : Mumbo! Dlrectc< Diie : 23.07.2020 OIN:OOOtB911

AJAY MULTI PROJECTS LIMITED CIN No. : L45201MH1982PLC100777

Regd. Office: 3-B, 1st Floor, Plot 285, ChaturbhujJivandasBldgShamaldas Gandhi Marg, Marine Lines, Kalbadevi, Mumbai - 400 002 I Telephone: 022-32287020

Website: www.ampltd.co.in I Email : [email protected]

NOTICE IO MEMBERS Notice is herelly given pursuant to Section 110 and 108 of the Companies Act, 2013 read wtth rule 20 and 22 of Companies (Man~ement and Administration) Rules 2014 (including any statutory modification or re-enactment thereof for the time l>eing in force) and other applicable provisions of the Companies Act, if any, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and such other rules and regulatioo as may be applicallle, the Company Is seeking approval of tts meml>ers through Postal Ballot (only through remote e-voting) lly way of Special Resolution for the l>elow mentioned resolution, as set out in the Notice of Postal Ballot dated July 17, 2020, lly way of electronic means (remote e-voting):

Item No. Description of Resolutions

1. Special Resolution : Approval for Voluntary Delisting of the Equity Shares of the Company from The Calcutta Stock Exchange Limited ("CSE' )

Pursuant to General Circular No. 14/ 2020 dated April 8, 2020, General Circular No. 17/2020 dated April 13, 2020 and General Circular No. 22/2020 dated June 15, 2020 on account of the threat posed by COVID - 19 issued by the Ministry of Corporate Affairs, Government of India ("MCA Circulars"), the Notice of Postal Ballot along with Explanatory statement was sent on July 23, 2020 via email only to the memllers whose name appear in the Register of Memller/ Beneficial owner received from Registrar and Share Transfer Agent, National Securities Depository Limited (NSDL). Central Depository Services Limited (CDSL) as on July 17, 2020 (Cut- off date) and whose email address are availallle with Company I Deposttories. The hard copy of Notice of Postal Ballot alongwith Postal Ballot Form and Pre paid Business reply envelop will not Ile dispatchedto shareholders and shareholders are requested to communicate there assent or dissent through remote e-voting only.

The Notice of Postal is also available on the wellsite of the Company at !Jttp·//amoltd co in/ and is sent to CSE to make It available on their website and on the wellstte of CDSL (agency for providing the Remote e-Voting fac ility) i.e. https:llwww.evotinqindia.com/

The relevant documents referred to in the Notice and accompanying Explanatory Statement are availallle for inspection lly the shareholders of the Company at the registered office of the Company on all WOfking days except Saturday, Sunday and pulllic holidays between 10.00 am IST to 5.00 pm IST up to 22'' August, 2020.

In Compliance with Section 108 of the Companies Act,2013 and rule 20 of Companies (Management and Administration) Rules 2014 and regulation 44 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the Company is pleased to provide remole e-voting facillty to the shareholders of the Company. The Company has engaged the service of Central Depository Services (India) Limned (CDSL) for providing e-voting faciltty in a secure manner and has appointed Pankaj Trivedi & Co, Company Secretaries (C.P. No. 15301) as the Scrutini zer for conducting the Postal Ballot process (including e-voting) in a fair and transparent manner. The voting rights for the equity shares of the Company are one vote per equity share, registered in the name of the shareholders.

E-voting period will commence on 24.07.2020 at 9.00 A.Mand end on 22.08.2020, 2020 at 5.00 P.M. The Shareholders are requested to cast their votes during this period only. The e-voting module shall be disabled by CDSL for voling thereafter. Once the vote is cast by the shareholder, the shareholder shall not be allowed to change it subsequently.

If you have any queries or issues regarding attending AGM & e-Voting from the a-Voting System, you may refer the Frequently Asked Questions ("FAQs") and e-voting manual available at www evotinqindia com, under help section or wrtte an email to ~ eyoting@cds!india com or contact Mr. Nitin Kunder {022- 23058738 ) or Mr. Mehbooll Lakhani (022-23058543) or Mr. Rakesh Dalvi (022-23058542).

All grievances connected with the facility for voting by electronic means may Ile addressed to Mr. Rakesh Dalvi, Manager, (CDSL) Central Deposttory Services (India) Limited, A Wing, 25th Floor, Marathon Futurex, Matatlal Mill Compounds, NM Joshi Marg, Lower Parel (East), Mumbai - 400013 or send an email to [email protected] or call on 022-23058542/43.

In case shares are held in physical mode please send request letter at miain5680@gmail ~duly si<;Jned lly registered memller providing Folio No., Name of shareholder, email id, mobile number, scanned copy of the share certificate (front and back), PAN (self attested scanned copy of PAN card), MOHAR (se~ attested scanned copy of Aadhar Card) or any document (such as Driving Licence, Bank Statement, Election Card, Passport) for registering email address and sending the soft copy of the notice and explanatory statement wtth evoting instructions.

In case shares are held in demat mode, please contact your Depository Participant (DP) and register your email address in your demat account, as per the process advised by your DP and send a request from the registered email id at suooort@puryashare com for sending the soft copy of the nolice and explanatory statement wtth evoting instructions.

The meml>ers would then get the soft copy of the notice and explanatory statement wtth evotinginstructions along wtth the USER ID and password to enallle e-voting for this postal ballot.

Date: 23.07.2020 Place: Mumbai

A. dhanuka

ForAjay Multi Projects Limited Sd/­

Mahavir Jain CEOand Director (DIN :00545426)

PRIYA LIMITED CIN: L99999MH1988PLC040713

Rllgd. omco: 4• Floor, Kl'natral Bulking, 77-79 Mahanihl Karve Marg, Malfne Lines (E) MlJmbal - 400 002.

Tel.: 022-4220 3100, Fu.: 022-4220 3197 E-moH : csllp!MgruJ axn Web: www.prtyagttq>.oom

NOTICE NOTICE Is hereby ~ that puniuant to Regulallon 29 read wtlh Reg~a!lon 47 of SEBI (Listing Ollllgation and Olsclosure R&<µrsmeots) Regt.lallon6, 2015, a meeting of the Board of Oireclors of the Company will be held oo F~day, the 31" July, 2020 at the registered olllce of the Company, Inter-ala to consider and take on record the AIJdlted Fnancial ResullB of the Company for the quarter and tnanclal year ended on 31" Mardi, 2020 and racomnendatlon of dividend, K any.

By Order cl the Boord Of DI­For PRIYA L.l.llTED

Place : l.llmbll 0119 : 23.07.2020

Sdl'­RaJeshree Clloug~e

Con'4Jany Secretary & Compliance Ollicer

0 adventz

ZUARI GLOBAL LIMITED CIN: L65921GA1967PLC000157

Reg. Office: Jai Kisaan Bhawan, Zuarinagar, Goa-403726 Phone: 08322592180 Email: [email protected] Website:www.adventz.com

NOTICE TO SHAREHOLDERS

Transfer of Equity Shares of the Company to Investor Education and Protection Fund (IEPF) Authority

Shareholders are hereby informed that pursuant to the provisions of Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 ("the Rules") the final div idend declared for the financial year 2012-13, which remained unclaimed for a period of seven years wi ll be c redited to the IEPF within 30 days from the due date of transfer. T he corresponding shares on which dividend was unclaimed for seven consecutive years w ill also be transferred as perthe procedure set out in the Rules.

The Company will not transfer such shares to the IEPF where there is a specific order of Court /tribunal restraining any transfer of such shares or where the shares are hypothecated I pledged under the Depositories Act, 1996.

In view of the COVID-1 9 Pandemic across the world, the Company shall dispatch the notices to the shareholders who have not claimed their dividend for seven consecutive years or more, once normalcy resumes and t ime still permits. T he complete details of the concerned shareholders whose dividends are unclaimed for seven consecutive years and whose shares are due for transfer to IEPF are being uploaded on the Company's website www.adventz.com

Shareholders are requested to claim the final dividend declared for the financial year2012-13 and onwards before the same is transferred to the IEPF.

Concerned shareholders holding shares in physical form and whose shares are liable to be transferred to IEPF. may note that the Company would be issuing duplicate share certificate(s) in, lieu of the original held by them for the purpose of transfer of shares to IEPF and upon such issue, the Company shall inform the depository by way of corporate action to convert the duplicate share certificates into DEMAT form and transfer in favour of IEPF. The original share certificate(s) which are registered in the name of original shareholders will stand automatically cancelled and be deemed non-negotiable. Concerned shareholders holding shares in dematerialized fonn may note that the Company shall inform the depository by way of corporate action for transfer of shares in favour of the DEMA T account of the IE PF.

The shareholders may further note that the details made available by the Company on its website should be regarded and shall be deemed adequate notice in respect of issue of duplicate share certificate(s) by the Company for the purpose of transfer of shares to IEPF.

In case the Company does not receive any communication from the concerned shareholders on or before 24th October, 2020 the Company with a v iew to adhering with the requirements of the Rules, transfer the dividend to the IEPF w ithin 30 days from the due date of transfer.

The corresponding shares on which dividend is unclaimed for seven consecutive years shall also be transferred without any further notice.

Please note that no claim shall lie against the Company in respect of unc laimed dividend amount and shares transferred to IEPF. Shareholders may claim the dividend and corresponding shares transferred to IEPF including all benefits accruing on such shares, if any, from the IEPF authorities after following the procedure prescribed in the Rules.

For any queries on the above matter, Shareholders are requested to contact the Company's Registrar and Share Transfer Agents. M/s. Link lntime India Private Limited, C-101, 247 Park, LBS Marg , Vikhroli (West) , Mumbai - 400 083. Tel. No. (022) 4918 6270 email: iepf.shares@ linkintime.co.in

Place : Gurugram Date : 23/07 /2020

For Zuari Global Limited

Laxman Aggarwal Company Secretary

EXTRACT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30rH JUNE, 2020 (Rs. In Lacs}

S. Particulars No.

Ti co etios

2 Net ProfiU(Loss} for the period before tax (before Exceptional and/or Extraordinary items)

3 Net ProfiU(Loss) for the period before tax (after Exceptional and/or Extraordinary items)

4 Net ProfiU(Loss} for the period after tax (after Exceptional and/or Extraordinary items)

5 Total Comprehensive Income for the period (Comprising ProfiU(Loss) for the period after tax and other Comprehensive Income (OCI) after tax]

6 Paid-up Equity Share Capital [Face value of Rs. 2/- per Equity Share]

7 Other Equity (excluding Revaluation Reserves as shown in the Balance sheet of previous year)

8 Earning Per share (for continuing and discontinued operations) (of Rs. 21- each) (not annualised}

- Basic EPS (in Rs.) - Diluted EPS (in Rs.)

Notes:

Quarter Ended

30.06.2020

6,921.73

5,179.08

5,079.08

951 .57

10.89 10.89

Standalone Year

Ended 31.03.2020

18,064.20

14,146.50

13,774.88

951 .57

69,818.19

29.73 29.73

Quarter Ended

30.06.2019

2,084.13

1,479.23

1,464.23

951.57

3.11 3.11

Quarter Ended

30.06.2020

I

6,921.73

5,179.08

5,079.08

951 .57

10.89 10.89

Consolidated Year

Ended 31.03.2020

1 18,052.55

18,052.55

14,134.85

13,763.23

951.57

69,806.54

29.71 29.71

Quarter Ended

30.06.2019

2,072.51

1,467.61

1,452.61

951.57

3.08 3.08

)

1. The above is an extract of the detailed format of Financial Results for the Quarter ended 30" June, 2020 filed with the Stock Exchanges under regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements} Regulations, 2015. T he full format of the quarter ended Financial Results are available on the website of BSE & NSE where the Company's shares are listed i.e. at www.bselndla.com and www.naelndla.com respectively and on the Company's website, www.dhanuka.com.

2. The above results for the quarter ended 30" June, 2020 which have been subjected to review by Statutory Auditors of the Company were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors at its meeting held on 22"" July, 2020, in terms of Regulation 33 of SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015.

3. The Board of Directors of the Company in its meeting held today have approved the proposal for buyback of Equity Shares of the Company for an amount not exceeding Rs. 100 Crores (Rupees One Hundred Crore only) at a maximum price not exceeding Rs. 1000/­(Rupees One Thousand only) per Equity Share. The buyback is subject to approval of the Shareholders by way of a special resolution to be passed in the ensuing Annual General Meeting scheduled on 15" September, 2020 and all other applicable statutory approvals.

Place : Gurugram (Haryana}

Dated: 22"" July, 2020

For and on behalf of the Board Sd/-

(M. K. Dhanuka)

Managing Director DIN--0628039

varroc

Varroc Engineering Limited Registered :- L-4, M IDC Area, W aluj, Aurangabad 431 136, M aharashtra

CIN: L28920MH1988PLC047335 Tel: +91 240 6653 700, Fax: +91 240 2564 540

W ebsite : www.varroc.com, E-mail : [email protected]

NOTICE FOR 32"0 ANNUAL GENERAL MEETING AND E-VOTING INFORMATION NOTICE Is hereby given that 32"' Annual General Meeting ("AGM") of the members of the company will be held on Friday, August 14, 2020 at 11:00 a.m. (IST) through Video Conference (" VC")/Other Audio Visual Means {"OAVM") without physical presence of the members at a common venue, in compliance w ith the p rovisions of the Companies Act. 2013 ("the Act" ), M inistrv of Corporate Affairs ("MCA") circular dated Mav 5, 2020 read w~h circu lars dated April 8, 2020 and April B, 2020 (collectivelv refe rred to as "MCA circulars") and SEBI circular dated May 12, 2020, to t ransact t he business as set out in the Notice convening 32" AGM. Members will be able to atiend and participate in the AGM by VC/OVAM only. Members attending the AGM through VC/OAVM will be counted for the purpose of reckoning the quorum under Section 103 of the Act.

In compliance w ith the aforesaid MCA circu lars and SEBI circu lar, the Company has sent Notlce of 32,,.j AGM and Annual Report for FY 2019-20 only by e lectron ic mode on July 23, 2020, to all the Members whose email addresses are registered with the Depository Participants or the company. The Notice of t he AGM and Annual Report for FY 2019-20 can be downloaded from the company's website at wwwyarroc oom website of t he stock exchanges, i.e ., BSE limited at www bsejndja com and National Stock Exchange of India limited at www osejnd ja com and a lso on the website of NSDL at www eyoting nsdl com

REMOTE E-VOTING AND E.VOTING AT THE AGM

Pursuant to Section 108 of the Act read with Rule 20 of the Compdnies (Management & Administration) Rules, 2014, Reeulation 411 o f the listine Regulations and Secretar ial Standard on General Meetings, each as amended, the Company has engaeed services of NSDL for provid ing remote e-vo tine faci lity prior to AGM ("Remote e-votine") and e-voting at the AGM to all its members to cast their vote on all the resolutions se t out in the Notice of 32n:1 AGM.

Cut-off date fore-voting Friday, August 7, 2020

Commencement of Remote e-voting 9:00 a.m. (IST) on Tuesday, August 11, 2020

Conclusion of Remote e-voting 5:00 p.m. (IST) on Thursdav, August 13, 2020

e-voting at the AGM From commencement of the AGM ti ll conclusion of AGM

M embers who will be pre sent at the AGM through VC/OAVM and who have not cast their vote by Remote e-vonng, will be ehg1ble to exercise t heir right to vote during the AGM. Members who have cast t heir vote by Remote e-voting prior to the AGM may also attend and participate in the AGM but shall not be entitled to cast the ir vote again.

Accord ingly, Members may cast their votes through Remote e·voting and e·voting at the AGM by logging on to t he e·voting website o f NSOL at www.eyqtjne. ~· Once t he vote on a Resolution is cast by the Member, he/she shall not be allowed to change it subsequent ly.

The Company has appointed Mrs. Uma l odha, Practising Company Secretary (Membership No. FCS 5363) to act as a scrutinizer for the monitoring remote e·voting process and e·voting at the AGM in fair and transparent manner. The resu lts o f e-voting shall be declared not later than 48 hours from conclusion of t he AGM of t he Company. The results declared along w ith t he Scru tinizers Report shall be communicated to t he Stock Exchanges and will be placed on the website of the Company at wwwyarroc com and on the website of NSDL www evoting nsdl com.

LIVE WEBCAST OF THE AGM

Members will be able to attend the AGM through VC/OAVM facility provided by NSOL at www.evot\ng.nsdl.com by using their remote e-voting login credentials and selecting the EVEN for Company's AGM.

Any person, who acquires shares of the Company and becomes a Member of the Company after despatch of the Notice and holding shares as o f the cut-off date i.e . Friday, August 7, 2020 mayobtain the login ID and password by sending a request at [email protected]. However, if he/she is already registered with NSDL for remote e·voting then he/she can use h is/her existing User ID and password for casting the vote.

Members who need assistance before or during the AGM, can contact NSDlon [email protected]/ 1800·222·990 or contact Mr. Amit Vishal, Senior Manager, NSDL at amjty@nsdl co in /+919920264780 or Ms. Pallavi M hatre, Manager, at pa!!ayjd@n:;d l ro jn/ +91·75066 82281.

Members are requested t o carefully read all the Notes set out In the Notice of the AGM and In partiC\lfar, instructions for joining t he AGM, manner of casting vote through Remote e-voting or t hrough e-voting during t he AGM.

Place: Aurangabad Date : July 23, 2020

llFL FINANCE

For Varroc Engineering limited By Order of the Board of Directors

Sd/-Ajay Sharma

Group General Counsel and Company Secretary Membership No. - ACS 9127

llFL FINANCE LTD. (Formerly known as "llFL Holding Limited") CIN: L67100MH1995PLC093797 Regd. Office: llFL House, Sun lnfotech Park, Road No. 16V. Plot No. B-23, Thane Industrial Area, Wagle Estate, Thane - 400604 ·Tel: (91-22)4103 5000 ·Fax: (91 - 22) 25806654 • E-mail: [email protected] •Website: www.iifl.com

E-auction Sale Notice Notice for Sale of Immovable Property

{Under Rule 6(2) and 8(6) of Security Interest (Enforcement) Rules, 2002}

7

Notice is hereby given to public in general and in particular to the Borrower(s) and Guarantor(s) t hat the below described immovable property mortgaged I charged to llFL Finance Ltd "llFL" (Formerly known as "llFL Holding Limited") t he Secured Creditor, the Symbolic/ Constructive Possession of which has been taken by the Authorized Officer. will be sold on "As is where is" "As is what is" and "Whatever there is" on 11 ~August 2020 for recovery of below mentioned dues of the Financial Institution {Fl's}. The Reserve price and EMO is displayed against the details of the property as hereunder. The under mentioned immovable property which is in the constructive possession of llFL w ill be sold bye-auct ion on 11"' August 2020 strictly on• As is where is basis" and "As is what is" towards recovery of Fl's secured debt plus costs. charges and future interestthereon. The auction will be held through online e-auction process through website i.e. (htlps://jll.c J auctions.com) on 1 1" August, 2020 between 3.00 pmto4.00 pm.

Details of Borrower I Mortgager (Owner of

the property)

Borrower/ Guarantor: l. M/s. Siroya Developers A Partnership firm. having its office at l 01, Kingston Tower, l st Floor. Dr. Ambedker Road, Parel, Mumbai -400033.

1. Mr. Shrenik D. Siroya, 2.Mr. Sailesh Siroya BothR/o.1101,GardenView, 8, Hrekness Road, Mallabar Hills, Mumbai -400006.

Mortgagor: M/s. ShattafConstruction Company Pvt. Ltd. Office at 808, Raheja Chambers, Nariman Point, Mumbai -400021 . represented through its director M r. ShrenikSiroya.

Description of the Property to be sold with known

encumbrances

All that piece and parcel of land admeasuring about

3035 sq. mtrs. and saleable FSI thereon being

located at C.S. No. l 96, Parel Tank Road,

Parel East, Mumbai -400012

Encumbrances known: That as per record available

with II FL there are no encumbrances. On visit at

the site of plot by the Authorized Officer it was

observed that there are certain occupants at the property.

Secured Debt for recovery of which

the property is to be sold

{ 51, 18,33,004/­due ason

25.02.2019 plus future interest,

penal charges, and all cost and

expenses thereon till date.

Possession

Symbolic/ Constructive possession

Reserve Price Earnest Money Deposit (EMO) I Accourt numbe

where EMO to be deposited

{36,40,00,000/ - {3,64,00,000/­Account details: 22205438659

IFSCCode: SCBL0036084

Standard Chartered

Bank Branch: Fort

Contact No. of Authorized

Officer/ Service Provider

Authorized Officer

No. 8879775924

Service Provider No. 9899977402

The last date for submission of EMO shall be on 8~ August, 2020. All further detailed terms & conditions of sale can be accessed f rom our website w-.iifl.com and website of e-auction agency https://j//.clauctions.com. The Fl's will engage the services of a service provider i.e. Jones Lang LaSalle Property Consuhanu (India) Pvt. Ltd., Cont. No. 98999 77 402 Contact Person: Mr. Ritesh Singhai. The interest ed bidder may also obtain the terms and condition of sale from the branch (Dadar). Any corrigendum I addendum will be viewed only on website i.e. hftp$:1/jl/.c1 auctions.com & www.iitl.com.

STAnJTORY 15 DAYS SALE NOTICE UNDER RULE 8(6) The undersigned being the Authorized Officer of llFL is having full powers to issue this notice of sale and exercise all powers of sale under Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 and the rules framed thereunder. The Borrower/Guarantors/ Mortgagor are hereby given 15 days mandatory notice t o pay the t otal outstanding of loan along w it h interest and expenses before the date of auction, fail ing which the property will be auctioned and balance if any, will be recovered with interest and cost from them by legal avenues as per law. Encumbrances known t o the Secured Creditor.-Mortgagor has filed S.A. 22 of2020 before ORT- I, Mumbai which is pending.

Place: Mumbai Sci/-Date: 23"' July, 2020 {Authorized Officer)

Terms & Conditions: 1. The property shall be sold on "AS IS WHERE IS BASIS AND WHATEVER THERE IS BASIS". The successful bidder would bear the charges/fees payable for conveyance

such as stamp duty, registration fee etc. as applicable as per the law. The Authorized Officer and secured creditor will not be responsible for any charge, lien. encumbrance, property tax or any other dues to the govt. or anybody in respect of the property under the sale. The Authorized Officer has absolute right to accept or rejec1the bid or adiourn, postpone, extend the auction without assigning any reasons whatsoever. Noobjectionswillaccnueto secured creditor llFL in such an event.

2. Auction I bidding shall be only through "Online Electronic Bidding' on the website https:Jlj/l.cJINJCtions.com. llFL will engage the services of a service provider i.e.J-Lang LaSalle Property Consultants (India) Pvt. Ltd., Cont. No. 98999 77402 Contact Person: Mr. Ritesh Singhai . .

3. The Service Provider will provide all necessary training and assistance before commencement of on line bidding on Internet without cost to buyers/bidders. The onlinetraining will be provided over the phone.

4. The propert)' mentioned hereinabove and the documents related thereto can be inspected on 6~ August, 2020 between 11.00 A.M. and 04.00 P.M. Person(s) I interested bidder may contact the Authorized officer to co-ordinate with the inspection process.

5. The bidder shall improve their offers in multiples oftl ,00,000/- (Rupees One Lakh only). 6. The highest bid will be subject to approval of the Authorized Officer. 7. Last date foronline bid submission with EMO amount is a~ August, 2020 by 5.00 P.M. The EMO paid by interested bidders shall carry no interest and amount of EMO

paid by successful bidder shall be adjusted towards the sale price. 8. The interestfree Earnest money Deposit (EMO) shall be deposited through RTGS I NEFT I Fund Transfer to the designa1ed accoun1s. the details of which are given in

above towards property in EMO column. 9. Where the sale price of the property is t36,40,00,000/- (Rupees Thirty Six Crores Forty Lakhs only) and above, the successful bidder I purchaser has to deduct l % of the sale

price as rosin the name of the owner of the property and remitto Income Tax Department as per section 194 IA of the Income Tax and only 99'lr.of the sale amount has to be ri:mittedtotheFl.

1 O. The successful purchaser, on payment of entire sale price as above and on completion of sale fonnalities, shall be issued a sale certificate for the property as per format prescribed under SARFAESI Act & Rules 2002 only on receipt of form no. 2608 and Challan for having remitted the ros. Certificate of TDS in form 168 to be submitted to llFL subsequently. The purchaser sh a II bear the expenses on Stamp duty and Registrat ion charges if any on the Sale Certificate.

11. Any statutory I Revenue I and other dues payable and due on the property shall be borne by the Purchaser. The offers not confinning to the terms of sale shall be rejected. The llFL reserves its rights to reject any or all of the offers or accept offer for one rece1Ved without assigning any reasons. whatsoever.

12. Further inquiries. if any and I or terms and conditions for sale and securities can be obtained fromtheAuthorizedOfficer I Branch (Dadar) at phone numbers mentioned above. 13. On completion of the auction, the successful bidder I purchaser shall deposit 25% Oess the EMO amount paid) of the Bid price immediately (i.e on the same day or next

wor1<ing day) and balance 75% within 15 days from date of sale of property or such within such period as agreed between Secured creditor and the auction purchaser (not exceeding 3 months). failing wlhich llFL shall forfeit the ent ire amount already paid I deposited by the purchaser. In case of default in payment, the property shall atthe discretion of Authorized Officer I secured creditor be sold to second highest bidder or re-sold and the default ing purchaser shall not have any claim. This 1s also a mandatory notice of 30 days as per the provisions of the Act to the borrowers I guarantors /mortgagors of above accounts informing them about holding of sale/auction on aforesaid dates and to redeem the assets, if so desire by them, by paying the secured debt mentioned hereinabove before the scheduled auction.

14. Authorized officer reserves the ri9ht to cancel the sale for any reason it may deem fit or even without assigning any reason and such cancellation shall not be called in question by the bidders. Any comgendum/addendum will be viewed only on website i.e. https:lljll.c J aucflons.com & https:llwww.iifl.com.

THIS IS ALSO STATUTORY 15 DAYS SALE NOTICE UNDER SARFAESI ACT 2002 - UNDER RULE 8(5) AND 9(1 ) OF SECURITY INTEREST {ENFORCEMENT) RULES,2002

The Borrower/Guarantors are hereby given notice to pay the sum mentioned as above before the date of auction, failing which t he property will be auctioned and balance if any, will be recovered with interest and cost from t hem as per the law. Sci/-

Place: Mumbai Date: 23 .. July, 2020

(Authorized Officer) For llFL, Mumbai

aj_21590
Highlight
Page 3: Varroc Engineering Limited · eyoting@cds!india com or contact Mr. Nitin Kunder {022-23058738 ) or Mr. Mehbooll Lakhani (022-23058543) or Mr. Rakesh Dalvi (022-23058542). All grievances

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