1. Terms/rights attached to Equity Shares:
i. The company has only one class of shares referred to as equity shares having a par value of Rs.10/-. Each holder of equity shares is entitled to one vote per share.
ii. In the event of liquidation of the Company, the holders of equity shares shall be entitled to receive any of the remaining assets of the company; after distribution of all preferential amounts. The amount distributed
1.2 The company has issued 40,000 Right Equity Shares of Rs. 10 each share on premium of Rs. 115 per share in the financial year 2015-16.
1.3 The company has issued 1,7&,200 Right Equity Shares of Rs. 10 each share on premium of Rs. 170 per share in the financial year 2016-17.
1.4 The company has issued 2,12,745 Right Equity Shares of Rs. 10 each share on premium of Rs, 225 per share in the financial year 2017-18.
1.5 The company has issued 66,14,175 Bonus Equity Shares of Rs, 10 each share in the financial year 20171S, out of securities premium reserve account, In accordance with the provisions of See.63 of the Companies Act, 2013.
1.6 Initial public issue of upto 36,38,000 equity shares of face value of Rs. 10/- each ("equity shares'1') of Uniinfo Telecom Services Limited (the "company" or the "issuer") at a price of Rs. 55/- per equity share, including a share premium of Rs. 45/- per equity share (the "issue price"), aggregating up to Rs.2,000.90 lakhs("the issue"), of which 8,04,000 equity shares of face value of Rs.10/- each at a price of Rs. 55/- per equity share, aggregating up to Rs. 442.20 lakhs will be reserved for Pre- IPO placement and 28,34,000 equity shares of Rs.10/- each at a price of Rs. 55/- per equity share, aggregating up to Rs. 1,553.70 lakh was reserved for public isiiue of which 1,42,000 equity shares of face value of Rs. 10/- each at a price of Rs. 55/- per equity share, aggregating up to Rs. 78.10 lakhs was reserved for the market maker to the issue (the "market maker reservation portion"), the public issue less market maker reservation portion i.e. net issue to public will be 26,32,000 equity shares of face value of Rs. 10/- each at a price of Rs, 55/- per equity share, aggregating up to Rs. 1,480.60 lakhs is hereinafter referred to as the "net issue", the PRE - IPO placement, public issue and the net issue will constitute 7.52%, 26.50% and 25.18% respectively of the post issue paid up equity share capital of our company.
For Aditya Birla Finance Limited - Demand Line of Credit Against Securities
a. In the current financial year, the company has fully repaid the outstanding balance of the facility from the Aditya Birla Finance Limited. Further, the line of credit facility against securities is available & in active mode to the company after repayment of the same,
b. Indian rupee of Demand Lire of Credit Against Securities from Aditya Birla Finance Limited (NBFC) @12,00% p.a. vide sanction letter dated 04th Jan. 2018, the credit facility repayable on monthly installment basis along with interest as when due on the remaining balance.
c. The Demand Line of Credit facility is secured against unencumbered and tradable securities as per the approved list of securities of Aditya Birla Finance Limited at applicable margin. Further, margin shortfall, if arise in future will be recouped by pledging additional approved securities or making part repayment only.
For Axis Bank -Car Loan
a. The car loan taken from the Axis Bank Limited carries interest @ S.G5% vide sanction letter dated 05,03.2018, The loan is repayable in 60 equated monthly installments along with interest as and when due on the remaining balance.
b. The car loan is secured by hypothication of the car purchased from bank finance.
Terms & conditions of loans from banks
For HDFC - Business Term Loan (Top Up)
a. The Indian rupee business loan taken from the HDFC Bank Limited carries interest @15,75% p.a. vide sanction letter dated 23-11-2016. The loan is repayable in 36 equated monthly installment along with interest as and when due on the remaining balance.
For Kotak Mahindra Bank Limited - Business Term Loan (C5G - 152725187)
a. The Indian rupee Business Loan taken from the Kotak Mahindra Bank Limited carries interest @17% p.a. vide agreement letter dated 16-11-2017. The loan is repayable in 24 equated monthly installment along with interest as and when due on the remaining balance.
For Kotak Mahindra Bank Limited - Business Term Loan - (CSG - 152574470)
a. The Indian rupee Business Loan taken from the Kotak Mahindra Bank Limited carries interest @17% p.a. vide agreement letter dated 13-02-2017. The loan is repayable in 36 equated monthly installment along with interest as and when due on the remaining balance.
For RBL Bank Limited - Business Term Loan (Loan A/c No. 809000541241)
a. The Indian rupee Business Loan taken from the RBL Bank Limited carries interest @18% p.a. vide disbursement letter dated 23-10-2015. The loan is repayable in 25 equated monthly installment along with interest as and when due on the remaining balance.
For RBL Bank Limited - Business Term Loan (Loan A/c No. 809000829787)
a. The Indian rupee Business Loan taken from the RBL Bank Limited carries interest @18% p,a, vide disbursement letter dated 03-12-2016. The loan is repayable in 24 equated monthly installment along with interest as and when due on the remaining balance.
For RBL Bank Limited - Business Term Loan (Loan A/c No. 80900134306S)
a. The Indian rupee Business Loan taken from the RBL Bank Limited carries interest @18% p.a. vide disbursement letter dated 18-11-2017. The loan is repayable in 36 equated monthly installment along with interest as and when due on the remaining balance.
For Indusind Bank Limited - Business Term Loan
a. The Indian rupee Business Loan taken from the Indusind Bank Limited carries interest @1B-5Q% p.a. vide sanction letter dated 05-12-2Q17. The loan is repayable in 36 equated monthly installment along with interest as and when due on the remaining balance.
For Equitas Small Finance Bank Limited - Business Term Loan
a. The Indian rupee Business Loan taken from the Equitas Small Finance Bank Limited carries interest @18% p.a. vide agreement letter dated 17-11-2017, The loan is repayable in 24 equated monthly installment along with interest as and when due on the remaining balance.
Terms & conditions of loans from Non-Banking Financial Companies :-For Capital First Limited - Business Term Loan (Agreement No, 3S48129)
a. The Indian rupee Business Loan taken from the Capital First Limited carries interest @18% p.a. vide agreement letter dated 19-12-2016. The loan is. repayable in 36 equated monthly installment along with
For Capital First Limited - Business Term Loan (Agreement No. 13487518)
a. The Indian rupee Business Loan taken from the Capital First Limited carries interest @1S_50% p.a. wide agreement letter dated 24-11-2017. The loan is repayable in 36 equated monthly installment along with
For Edelweiss Retail Finance Limited - Business term Loan (Top Up)
a. The Indian rupee Business Loan taken from the Edelweiss Retail Finance Limited carries interest @13% p.a. vide agreement letter dated 02-12-2016. The loan is repayable in 24 equated monthly installment along
For Fullerton India Credit Co. Limited - Business Term Loan (Top Up)
a. The Indian rupee Business Loan taken from the Fullerton India Credit Company Limited carries interest @18% p.a. vide agreement letter dated 05-01-2017. The loan is repayable in 24 equated monthly installment along with interest as and when due on the remaining balance.
For HDB Financial Services Limited - Business Term Loan
a. The Indian rupee Business Loan taken from the HDB Financial Services Limited carries interest @18% p.a. vide agreement letter dated 12-12-2017. The loan is repayable in 36 equated monthly installment along with
For India Info line Finance Limited - Business Term Loan
a. The Indian rupee Business Loan taken from the India Infoline Finance Limited carries interest @1S% p.a. vide agreement letter dated 30-10-2017. The loan is repayable in 36 equated monthly installment along with
a. The Indian rupee Business Loan taken from the IVL Finance Limited carries interest @18.50% p.a. vide agreement letter dated 18-12-2017. The loan is repayable in 36 equated monthly installment along with
Magma Fincorp Limited - Business Term Loan (Customer Proposal No. PG/0135/P/16/000139)
a- The Indian rupee Business Loan taken from the Magma Fincorp Limited carries interest @17.50% p.a. vide agreement letter dated 10-01-2018. The loan is repayable in IS equated monthly installment along with
Magma Fincorp Limited - Business Term Loan (Customer Proposal No. PG/0135/P/16/000095)
a. The Indian rupee Business Loan taken from the Magma Fincorp Limited carries interest @19% p.a. Vide agreement letter dated 11-04-2017. The loan is repayable in 24 equated monthly installment along with
a. The indian rupee Business Loan taken from the Reliyare Finvest Limited carries interest @1£.75% p.a. Vide agreement letter dated 29-10-2015, The loan is repayable in 36 equated monthly installment along with
For Tata Capital Financial Services Limited - (Loan A/c No. 6722634)
a. The Indian rupee Business Loan taken from the TATA Capital Financial Services Limited carries interest @17,57% p.a. Vide disbursement letter dated 24-11-2016. The loan is repayable in 24 equated monthly installment along with interest as and when due on the remaining balance.
For Tata Capital Financial Services Limited - PL Business Loan {Loan A/c No. TCFBL028400D0100163S5)
a. The Indian rupee Business Loan taken from the TATA Capital Financial Services Limited carries interest @18,00% p,a. Vide disbursement letter dated 20-11-2017, I he loan is repayable in 36 equated monthly installment along with interest as and when due on the remaining balance.
For Volition Credit & Holdings Pvt. Ltd. - Udyam Loan
a. The Indian rupee Udyam Loan taken from the Volition Credit & Holdings Pvt. Ltd. carries interest @1S,50% p.a. vide agreement letter dated 17-08-2017, The loan is repayable in 36 equated monthly installment along with interest as and when due on the remaining balance.
For Zen Lefin Limited - Business Loan
s. The Indian rupee Business Loan taken from the Zen Lefin Private Limited carries interest @13.00% p.a. vide sanction letter dated 13-12-2016. The loan is repayable in 36 equated monthly installment along with interest as and when due on the remaining balance.
Terms & Conditions of Loans from Related Parties - Directors
These were taken an long term basis with mutually agreed repayment terms and are bearing interest @ 12% per annuam.
Terms & conditions of CC LIMIT from ICICI Bank Limited :-
a. Loans repayable on demand from ICICI Bank carries interest @I-MCLR-6M 1.95% vide sanction letter dated 23.03.201R. However, the facilities are available for the period of 12 months subject to review at periodocals intervals wherein the facilities may be continued/ cancelled/reduced depending upon the conduct and utilisation of facilities. Further, others conditions, in detailed, are mentioned in the sanction letter issued by the ICICI Bank Limited.
b. CC limit has first charge by way of hypothecation of the company's entire stock of raw materials, semifinished/work -in-progress and finished goods, and such other movables including book-debts, consumables stores and spares, bills whether documentary or clean, outstanding monies, receivables, both present and future of all the locations of the company, in a form and manner satisfactory Lo Lhe bank.
C. Further, the leans have been guaranteed by the by personal guarantee of Shri Kishore Bhuradia, Shri Pranay Parwal, Anil Jain Director & principal shareholder of the company and Smt. Nirmala Parwal, Smt. Nirmala Bhuradia & Rekha Jain relative of key managerial person.
d- The Company mortgaged properties belonging to Shri Kishore Bhuradia, Shri Anil Jain Directors and Smt. Nirmala Parwal, Smt. Nirmala Bhuradia, Smt. Rekha Jain relative of key managerial person as collateral security.
Terms & conditions of Overdraft (FD Backed) Facility from YES Bank Limited
a. The facility shall be used for working capital requirement of the borrower and bearing the floating rate of interest @ 0.35% over and above Fixed Deposit rate.
b. The facility shall be secured by 110% of Fixed Deposits in the name of the Borrower under the bank lien. You shall furnish cash collateral equivalent to 110% of the amount of facility to be utilized from time to time. You shall, upon demand by the bank, furnish additional amounts of cash collateral furnished and the notional amount of the letter of credit due to exchange rate fluctuation as on the date of demand. Further, failure to provide additional cash collateral would constitute an event of default and bank shall have the right to terminate the outstanding transactions and not enter into any further transactions. Further, the tennure period of facility is 12 months or maturity of FDR whichever is earlier subject to annual review. Further, others conditions, in detailed, are mentioned in the facility letter issued by the YES Bank Limited-
NOTE 2. Disclosures required under Section 22 of the Micro, Small and Medium Enterprises Development Act,2006:
'Disclosures required under Section 22 of the Micro, Small and Medium Enterprises Development Act, 2006: The Company does not have information as to which of its supplier are Micro Small and Medium Enterprise registered under The Micro Small and Medium Enterprise Development Act 2006.Consequently the liability, if any, of interest which would be payable under The Micro Small and Medium Enterprise Development Act 2006, cannot be ascertained. However, the Company has not received any claims in respect of such interest and as such, no provision has been made in the books of accounts.
Note 3. Segment information : - Company operates in only one segment i.e. providing services to various telecom companies.
Note 4. As per Section 135 of the Companies Act, 2013, a company meeting the applicability threshold of CSR needs to spend at least 2% of its average net profit for the immediately preceding three financial years on corporate social responsibility (CSR) activities. The areas for CSR activities are eradication for hunger and malnutrition, promoting education, art and culture, healthcare, destitute care and rehabilitation, environment sustainability, disaster relief and rural development projects etc. as per schedule VII of the Companies Act, 2013.
Amount spent during the year Rs. NIL, as applicability of provisions arised on 31/03/2018.
Note 5. Previous year's figures have been regrouped /reclassified wherever necessary to correspond with the current year's classification /disclosure.
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