Home » Vocational » Stenography » Shorthand Dictation 80 Words per minute “ Sahara India” , Test 5 Minutes with 5 Minutes Audio Dictation, Shorthand Outline and Text Matter. Test 8

Shorthand Dictation 80 Words per minute “ Sahara India” , Test 5 Minutes with 5 Minutes Audio Dictation, Shorthand Outline and Text Matter. Test 8

 

 

 

( 5 Minute Dictation, Play Dictation) 

This Memorandum of Information is being make by Sahara India Real Estate Corporation Limited which is an8 unlisted Company and neither its equity shares nor any of the bonds /  debentures are listed or proposed to be listed. This issue is purely on the private placement basis and the company does not intend to get these Optionally Fully Convertible Debentures listed on any of the Stock Exchanges in India or abroad. This Memorandum for Private Placement is neither a Prospectus nor a Statement in Lieu op Prospectus. It does not constitute an offer for an invitation to subscribe to OFCD’s issued by India Real Estate Corporation Limited. The Memorandum for Private Placement is intended to form the basis of evaluation for the investors to whom it is addressed and who are willing and eligible to subscribe to these OFCD’s. Investors are required to make their own independent evaluation and judgment before making the investment. The contents of this Memorandum for Private Placement are intended to be used by the investors to whom it is addressed and distributed. This Memorandum for Private Placement is not intended for distribution and is for the consideration of the person to whom it is addressed and should not be reproduced by the recipient.

                The OFCD’s mentioned herein are being issued on a private placement basis and this offer does not constitute a public offer invitation. I may also indicate that all the bonds stipulated that bond holders could avail of loan facility as per the terms and conditions of the application forms. Nirmaan and Real Estate Bonds prescribed an additional feature of death risk cover as well. Clause of RHP imposed no restriction on the transfer of the OFCD’s. Sahara Housing Investment Corporation Limited, a member of Sahara Group Companies, also convened an Annual General Meeting on 16th September 2009 to raise funds by issue of OFCD’s by way of private placement, to friends, associated group companies, workers/employees and other individuals associated/affiliated or connected in any manner with the Sahara Group companies. Consequently, a RHP was filed on under Section 60B of the Companies Act with the RoC, Mumbai, Maharashtra. Later SHICL issued OFCDs of the nature Housing Bonds to persons.

                SEBI, as already indicated, had come to know of the large scale collection of money from the public by

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