Ashika Capital Ltd.

EQUITY CAPITAL MARKET

PUBLIC ISSUES / RIGHT ISSUES :

On receipt of the enquiry/assignment, first we evaluate the project and conduct the exercise of Due Diligence to ensure that the activities of the company are in compliance with all the relevant guidelines, rules and regulations as may be applicable.

Our team prepares the Offer Document with due care so as to ensure that all the disclosures have been made and are in conformity with the relevant provisions of Companies Act, SEBI guidelines and other Laws as may be applicable.

We offer the following services during Management of Public / Rights Issue :

• Assisting in finalization of Capital Structure.

• Preparation of Offer Document.

• Obtaining the necessary statutory and other approvals in connection with the issue.

• Preparation of detailed marketing plan.

• Finalisation of advertising campaign.

• Tying up underwriting and placement through book-building process.

• Organizing various press & Brokers Conference and road-shows.

• Co-ordination with various intermediaries like Registrars, Bankers, Printers, Brokers, Auditors, Legal Advisors, Advertisers, etc. for successful completion of the issue.

• Completion of Post-issue formalities which includes assistance in listing and trading of securities.

• You have safeguarded each cheque against loss or theft as you would a similar amount of your own cash.

• You have not parted with the cheques voluntarily or as collateral security.

ACQUISITIONS/TAKEOVERS, BUYBACKS AND DELISTINGS :

Acquisitions/takeovers :

Acquisition of Shares of the listed company starts the process of the Open Offer to the existing shareholders at a specified price under Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereof (Regulations). The purpose of Acquiring the shares/voting rights of a company is to gain management control of the Company. The Acquisition/Takeover leads to Horizontal Diversification, Elimination of Competition, Backward and Forward Integration.

We exercise the Due Diligence in accordance with the applicable Rules/Regulations.

We offer the following services as a Manger to the Open Offer:

• Assisting in finalization of Share Purchase Agreement for acquisition of shares from the Promoters of the company.

• Drafting the Public Announcement and the Letter of Offer with the help of available documents/information.

Buyback :

Buyback is a tool in the hands of the managements of cash rich companies for:-

• Enhancing the intrinsic worth of shares by cutting the flab of floating stock.

• Making the company closely held and getting the same delisted.

• Defence against hostile takeover attempts.

• The procedure for buyback involves compliance of the provisions of Company Law and SEBI Regulations.The Due Diligence exercise is carried out in accordance with the relevant SEBI Rules/Regulations/Guidelines.

Delisting :
 
Delisting is an exit-route available under SEBI (Delisting of Securities) Guidelines, 2003, to the company whose shares are listed on any of the Stock Exchange(s).

The Due Diligence exercise is carried out in accordance with the relevant SEBI Rules/Regulations/Guidelines.