Particulars I Holding Company of the Resulting---,---------· -----,I Company'------

The Investment Trust of IndiaLimited (TlTll)

(erstwhile "Fortune FinancialServices (India) Limited")

Date of Incorporation & details of name ia" June 1991 1- -24th June 2008 I 31st May 1996changes, if any I

[The Investment Trust of Indiai Limited was incorporated on JuneI

I 14, 1991 as a Limited Company inthe State of Maharashtra under

I the provisions of the Companies: Act, 1956 under the name and, style of "Fortune Financial Servicest(India) Private Limited". The name

I was then changed to "FortuneI Financial Services (India) Limited"

Ion October 20, 1991. The namewas then changed to its present

I name of "The Investment Trust ofI India Limited" on June 9, 2018.

Brief Particulars:

Name of the company

.~.

Resulting Company Demerged Company

I Naman Midtown, "A" Wing, 21st

Floor, Unit No 2103, SenapatiI Bapat Marg, Elphinstone Road,I Mumbai - 400013

Registered Office

United Petro Finance Limited(UPFl)

N.P. Tower, 2nd Floor, GuruvayoorRoad, West Fort, Thrissur680004, Kerala

Name of Exchanges where securities of the I BSELimited and National Stock

~'.t ~.""f.••111.1.~~'""':,{1' (~~Y'~·":'·,~f,""'"- '..- ~; ~'~

company are listed I Exchange of India Limited I I INature of Business It is engaged in the business of

stock braking, underwriting,portfolio management, corporate

~

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'.

Fortune Credit Capital Limited(FCCl)

Naman Midtown, "A" Wing, 21st

Floor, Unit No 2104, SenapatiBapat Marg, Elphinstone Road,Mumbai - 400013

Unlisted

It is primarily engaged in thebusiness of corporate financingand lending against security of

Unlisted

The company currently has twokey business verticals - LendingBusiness and Technology Business.

Business to be

traders and service businesses-----I

I This Scheme of Arrangement ("Scheme") provides for Demerger of the lending Business of UPFl into FCClI and consequent issue of equity shares and Optionally Convertible Preference Shares ('OCPS') of ITI to the I

shares, stocks, bonds, debenturesor other similar instruments onshort, -nediurn and long termbasis.

The lending

IILI Brief particulars of the scheme

I

I advisory services, linanciali advisory, asset management, fund'I mobilization, lease financing andother financial services

II

I

demerged into FCCl has a focuson extending and consolidatingshort term, unsecured businessloans to MSMEs (medium, smal!and micro enterprises) such asretail businesses, distributors,

r--I,n order to achieve better management and to have clear focus on business operations, the management ofRationale for the schemethe Demerged Company has decided to demerge the lending Business thereby transferring the lending

I Business of the Demerged Company to the Resulting Company, in the interests of maximizing overallshareholder value.

Date of resolution passed by the Board of I Original board resolution was Original board resolution was Original board resolution wasDirector of the company approving the i passed on 31st March, 2017. passed on 31st March, 2017. passed on 31st March, 2017.scheme I Resolution approving the revised Resolution approving the revised Resolution approving the revised

I ~ scheme passed ih scheme passed 7thscheme was passed on 7 was on was onI th December, 2018 and is" February December, 2018 and is" February. December, 2018 and 19 February2019 2019 2019

I Relevant date for determining the price as per 31st March, 2017 - -

Para 8 of SEBI Circular dated March 10, 2017, If, I

applicable. I -Date of meeting of the Audit Committee in Original audit committee Not applicable Not applicablewhich the draft scheme has been approved resolution was passed on 31st ...~,:::':;~_r::'" I" _4,y{-. ~

March,2017. ,I/~(.,j:~':'::' ;;/;I.~. ,""'-

Resolution approving the revised ;' f:1 r' 5~scheme passed ih

.'i .' {

I

was on ' \

December, 2018 and is" February ,-.-2019.

I Appointed Date 31st March 2017 31st March 2017 31st March 2017 :

: Net Worth (Rs. In crores) (Based on Financials-

(Rs. In crores)-

(Rs. In crores) (Rs. In crores)- --

\.lit;;

E

: as at 30th September, 2018) _ 1-- ·E ~_ 3_3_7.871 ----- 221.20 . 4J2D

447.35 26537 -2.72 i-'- -~~-.- ----iN M Raiji & Co. I

Firm Registration No: 108296W

~_____ Rs. 325.11 _1_ _ Rs. 33.62 ~Upon the Scheme coming into effect TITIL shall allot to the Shareholders of UPFL (whose names appear in the 1

: PrePost

iValuation byI Accountant-Name of the valuer/valuer firm and Regn no.Fair value per sharesExchange ratio (Also mention in words)

independent Chartered

I register of members as on record date (except for the shareholding by TITIL itself)) the following:I A) 496,500 equity shares of face value Rs. 10/- fully paid up.I I B)732,000 OCPSof face value Rs.325/- each, convertible into equal number of equity shares of Rs 10/- each.i! I

I C) OCPSwill carry a right to apply for additional 1.5 equity shares of face value Rs 10/- each at a price of RsI

: 325/- per share including a premium of Rs 315/-II

Name of Merchant Banker giving fairness Vivro Financial Services Private LimitedIopinion ICa~ital before the scheme Authorised Issued, Authorised Issued, Authorised Issued,

Share Capital Subscribed & Share Capital Subscribed & Share Capital I Subscribed &II

I Paid-up Share Paid-up Share I Paid-up ShareI Capital Capital Capital

No. of equity shares I 10,30,00,000 5,10,23,767 7,80,00,000 5,00,00,000 4,00,00,000 2,00,00,000Share capital in Rs. I 103,00,00,000 51,02,37,670 78,00,00,000 50,00,00,000 40,00,00,000 -'-- 20,00,00,000(No. of equity shares as well as capital in ,rupees) ---- I~ --~-~No. of shares to be issued (on a fully-diluted 23,26,50basis) Rs. 2,32,65,00 __

----Cancellation of shares on account of cross Not applicable

_ 1Not applicable Not applicable

II holding, if any --- .-----_ .._-

Capital after the scheme (fully-diluted basis)

(No. of equity shares as well as capital in 5'33'50'.~:l67I I, rupees) : Rs. 53,35,02,6705,00,00,000

Rs. 50,00,00,000

I

2,00,00,000 IRs. 20,00,00,000 !

_:'. ~.:. 0:..

"l~·.,..<:'s., . ~~".' .'\-,., •••...• I "

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The Investment Trust of India limited

r Details of Shareholding of listed cornpany/iesinvolved:

---I-------J

III

The Investment Trust of India limited

No. of Shares i % of holding No. of Shares -! % of holding .------;--3,76,77,446 I 73.84 3,76,77,446 I 70.62

1,33,46,321 ' __ 26.16 1,56,72,821 I 29.38--- i --- --- I--- I

: PromoterI Public (Excluding QIBs)-=----'----QIBs

100.00 I 5,33,50,267 100.00 II Non-promoter Non-Public, Total

I5,10,23,7671

lNo of shareholders 2,814 2,847 II Details of Shareholding of Unlisted '1

1

company/ies involved: I

FCCl II - I Pre Post - ----_. ---]

I No. of Shares I % of hold~ng I No. of Shares I % of holding I5,00,00,000 1 100.00 : 5,00,00,000 I 100.00

I 5,00,00,000 I 100.00-1

Unlisted I

5,00,00,000

I Promoter -=-1 --- II Public (Excluding QIBs)I --- II QIBs

! Non-promoter Non-Public, Total

I ---I100.00

7' 7Details of Shareholding

, company/ies involved:of UPFl

-- I - ---

INo. of Shares % of holding , No. of Shares % of holding81,20,000 40.60 : 81,20,000 40.60

I,- I

1,1,8,80,000 59.40 1,1,8,80,000 59.40 .-;..-. ..::...:... ....- -- " :;:.'." ''1...'1 ,~~-.,,---- --- I --- --- ,

If'" r -: .•.+-«,

--- ---I --- --- :,~,r(~:\2,00,00,000 100.00 I 2,00,00,000 100.00 .. . I34 I 34

. ~ .(

-\\ ~ \, /.,,: "J.~.Hl

PromoterPublic (Excluding QIBs)QIBsNon-promoter Non-PublicTotalNo of shareholders

.•..":, -::: -

---- ------The Ir.vestment Trust of India

limitedI Nan e & PA~ no, of tl.e P~omoter & Promoter Promoter _ _, group of Unlisted companies I • Chintan ValiaI t !\BXPV1721B

II Promoter GroupI • Sudhir Valia

AABPV2199J

• Raksha ValiaAAFPV5596F

• Vijay ParekhAABPP7637H

• Paresh ParekhAABPP7632C

• Neostar Developers LLPAAIFN7108C

• Aditya Infotech PrivateLimited

AACCA2989DName of the Board of Directors of Unlisted I -------+-----------

companies

--- - ----

• Shaily Maheshwari07528792BHDPM3019C

• Chintan Valia05333936ABXPVl721B

• Pranav Shah00022658

ABAPS8855N

• Prateek Tayal03326738

AACPB3301K LAGOPK718_1~_ AGJPT7947C -Alok Kumar Misr a -' ~::-- - , • K S Maheshwan00163959 ,,,~,:/,,\.:!--~\ ' 00095875

AAVP~5329H _ ~; ,,'>' ,I AARPM7131M _i , tt. \

\\ ~',~ fi

"

,~~\~f]~:~.~'/

• Chintan Valia05333936ABXPVl721B

• Khyati Valia03445571

AABPV2200N

• Shaily Maheshwari07528792

BHDPM3019C

• Pankaj Bhuta00171570

•

The In.estment Trust of mdialimited

AAACF0610J AAACF0610J

• Chintan Valia05333936ABXPVl721B

• Jignesh Sangani00041992ANBPS6100P

• Pankaj Bhuta00171570

AACPB3301K

• Vishal Kanakia01869961

100% Holding Company of FCCl .(the Resulting Company) & Iholding 40% Share Capital of I

___ UPFl (Demerged Company) _j[Jetails regarding change in management 1I control in listed or resulting company seeking II listing if any 1

1---- ---------. --- -----

Please specify relation among the companiesinvolved in the scheme, if any

--- -- --- --------• Survakait Mainak

025311. 9ACOPM·l530H

100% Subsidiarv ofTlTll

No Change

-- ~-.--------

l• V K Ragl avan05219310AKPPVC922R

• Usha Kadam07592876ABAPP4252C

• Arvind Valia00203439AAAPV9447Q -- -,

TITll holds 40% of the Equity Share'sCapital of UPFl

No Change NA

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