Sr. No. | Name of Director | Designation |
---|---|---|
Mr. Khubilal Jugraj Rathod | Chairman and Whole-time Director | |
Mr. Vimalchand Jugraj Rathod | Managing Director | |
Mr. Rajesh Khubilal Rathod | Whole-time Director | |
Mr. Mohit Khubilal Rathod | Whole-time Director | |
Mr. Sumit Rathod | Whole-time Director | |
Mr. Bishan Singh Rawat | Independent Director | |
Mr. Rajneesh Bhandari | Independent Director | |
Mr. Punit Saxena | Independent Director | |
Mr. Manoj Vinod Lalwani | Independent Director | |
Mrs. Sheetal Bhanot Shetty | Independent Director |
Sr. No. | Name of Director | Designation |
---|---|---|
Mr. Bishan Singh Rawat | Chairperson(Independent Director) | |
Mr. Vimalchand Jugraj Rathod | Member | |
Mr. Rajneesh Bhandari | Member |
Sr. No. | Name of Director | Designation |
---|---|---|
Mr. Rajneesh Bhandari | Chairperson (Independent Director) | |
Mrs. Sheetal Bhanot Shetty | Member | |
Mr. Manoj Vinod Lalwani | Member |
Sr. No. | Name of Director | Designation |
---|---|---|
Mr. Punit Saxena | Chairperson (Independent Director) | |
Mr. Vimalchand Jugraj Rathod | Member | |
Mr. Rajesh Khubilal Rathod | Member |
Sr. No. | Name of Director | Designation |
---|---|---|
Mr. Khubilal Jugraj Rathod | Chairperson (Whole-time Director) | |
Mr. Vimalchand Jugraj Rathod | Member | |
Mr. Rajneesh Bhandari | Member | |
Mr. Rajesh Khubilal Rathod | Member |
Sr. No. | Name of Director | Designation |
---|---|---|
Mr. Vimalchand Jugraj Rathod | Chairperson (Managing Director) | |
Mr. Punit Saxena | Member | |
Mr. Bishan Singh Rawat | Member |
Regulation 17(5) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "Listing Regulations") require the board of directors of listed companies to lay down a code of conduct for all members of the board of directors, key managerial personnel and senior management, which shall include the duties of the independent directors prescribed under the Companies Act, 2013.
Flair Writing Industries Limited (the "Company") is committed to conducting its business in accordance with the applicable laws, rules and regulations and the highest standards of corporate governance, business ethics and ethical conduct.
This Code reflects the business practice and principles of behaviour that support this commitment. It helps in maintaining and following the standards of business conduct of the Company.
The Policy, as approved by the Board of Directors ("Board") on June 09, 2023 shall be applicable to the Company with effect from June 09, 2023.
The board of directors of the Company adopted this code of conduct for directors, key managerial personnel and senior management of the Company (hereinafter referred as "Code" or "Code of Conduct") in compliance with the applicable laws including but not limited to the Listing Regulations.
The purpose of this Code is to further enhance an ethical and transparent process in managing the affairs of the Company and to deter wrongdoing. The matters covered in the Code are of utmost importance to the Company, its shareholders and business partners. The Code is intended to provide guidance and help in recognizing and dealing with ethical issues and to help foster a culture of honesty and accountability.
In this Code, unless repugnant to the meaning or context thereof, the following expressions, wherever used in this Code, shall have the meaning as defined below:
"Board" or "Board of Directors" means the Board of Directors of the Company.
"Company" means Flair Writing Industries Limited.
"Compliance Officer" means the Company Secretary of the Company.
"Director" means a director appointed to the Board of the Company.
"Financial Year" shall have the same meaning ascribed to it in clause (41) of section 2 of the Companies Act, 2013.
"Independent Director" shall mean an Independent Director as defined in clause (47) of section 2 and clause (6) of section 149 read with Schedule IV of the Companies Act, 2013 and Regulation 16(1)(b) of the Listing Regulations.
"Key Managerial Personnel" shall have the same meaning ascribed to it in clause (51) of section 2 of the Companies Act, 2013.
"Listing Regulations" means the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time.
"Senior Management" shall have the same meaning ascribed to it in Regulation 16(1)(d) of the Listing Regulations.
All other words and expressions used but not defined herein shall have the same meaning as defined in the Companies Act, 2013, Listing Regulations or other cognate statute.
The code is applicable to the following persons:
All the Directors, Key Managerial Personnel and Senior Management (hereinafter referred as "Directors and Employees") are expected to read and understand this Code and to uphold standards set out under this, in his/her day-to-day activities.
As the principles set out under this Code are general in character. Directors and Employees should also review the Company's other applicable policies and procedures for more specific instructions. This Code is in addition to and not in derogation with any other laws, rules and regulations, and all other applicable policies and procedures adopted by the Company that governs the conduct of its Directors and Employees.
The Directors and Employees shall conduct the business of Company in a transparent and ethical manner. The Directors and Employees shall conduct themselves to meet the expectations of operational transparency to stakeholders while at the same time maintaining confidentiality of information in order to foster a culture of good decision-making. This Code is intended as a source of guiding principles, and no code or policy can anticipate every situation that may arise, every Director and Employees is expected to comply with this Code in letter as well as in spirit.
The Director and Employees shall not be involved in any activity that would have any adverse effect on the objectives of the Company or against national interest. The following elucidates the Company's position on the manner of conduct in the Company's business and transactions:
It is the policy of the Company to conduct its business in accordance with all applicable laws and regulations of the jurisdiction in which such business is conducted and in accordance with complete honesty and integrity with highest moral and ethical standards. The Company expects all its Directors and Employees to accomplish all tasks in the official capacity, whether in the premises of the Company or outside, with highest degree of honesty, integrity and professional ethics.
Honesty means every act of the Director and Employees should be free from any fraud and deception. Ethical behaviour is the behaviour in conformity with accepted professional standards. In case any Director and Employee finds any difficulty regarding appropriateness of any action or inaction, then they can seek assistance for its interpretation from the Compliance Officer.
The Directors and Employees are expected:
Under no circumstances the Directors and Employees shall receive or offer, directly or indirectly, any gifts, donations or remuneration or illegal payments which are intended to obtain business favours. However, nominal gifts during festival occasions and other occasions may be accepted/ given.
The Directors and Employees shall ensure that the conduct at workplace is transparent, subject to sensitivity of the information or nature of job assigned to the Directors and Employees. Such transparency shall be brought about by adherence to corporate governance norms, policies, systems and processes defined by the Company, from time to time.
The Directors and Employees shall not indulge in any kind of insider trading or dealing in shares/securities of the Company in violation of the statutory provisions, and they shall strictly abide with the disclosure norms prescribed under applicable law.
A conflict of interest would be deemed to have arisen, when an individual's interest is perceived to be inconsistent with or is in conflict with the business interest of the Company. One should avoid such conflict of interest of the Company.
The Directors and Employees shall avoid and disclose actual and apparent conflict of personal interest with the interest of the Company and to disclose all contractual interests whether directly or indirectly in any manner which gives them or their relatives or firm or associate, any pecuniary benefit, regardless of the value involved with the Company.
The Independent Directors shall be required to comply with Schedule IV of the Companies Act, 2013, including their duties laid therein as under:
It shall be the duty of the Directors and Employees to help the enforcement of this Code. Although it is not intended that disciplinary action is appropriate for every violation of this Code, however, in order to ascertain whether any disciplinary action is appropriate or not (including determination of any penalty etc.), due consideration be given to various factors including nature and seriousness of violation, intent, repetitiveness of violations and the effect of such a violation on the Company (its reputation and goodwill), others directors and employees of the Company and on the corporate governance system of the Company. A violation of this Code may result in disciplinary action such as termination from the association/ employment with the Company/ suspension, demotion and or penalty as deemed necessary.
Decision regarding whether or not any disciplinary action is to be taken and the nature and extent thereof, shall rest with the Managing Director of the Company. An appeal against such decision of Managing Director shall lie before the Board of Directors of the Company, whose decision in this regard shall be final and binding on the concerned Director and Employee. Decision of any disciplinary action against the Managing Director shall rest with the Board of Directors of the Company.
In case of any doubts/ clarifications in relation to the application of the Code of Conduct, the Directors and Employees are requested to consult in writing with the Compliance Officer of the Company and where Compliance Officer of the Company needs any clarifications in relation to the application of the Code of Conduct then he should consult an independent expert at the expense of the Company.
Where any Director and Employee comes across an act which is inconsistent with the principles set forth in the Code of Conduct, he/she should report the same to the Compliance Officer of the Company. The Compliance Officer in turn is required to compile all such instances in a report along with suitable recommendation on the action required and shall submit the same to the Managing Director of the Company. The Directors and Employees may also use the whistle blower mechanism provided by the Company to report any instances of violation of the Code of Conduct.
The Code may be amended or modified by the Board after due consultation with the Managing Director / Compliance Officer. Any waiver of any provision of this Code for a Director and the Employee must be approved in writing by the Company's Board of Directors. The Code and subsequent amendment(s) thereto, shall be published on the website of the Company.
The Directors and Employees shall acknowledge the receipt of this Code indicating that they have received, read and understood, and agreed to comply with the Code and send the same to the Compliance Officer.
It is obligatory on the part of every person covered under this Code to make an annual disclosure under this Code affirming their adherence to the Code on annual basis. This disclosure shall be made to the Compliance Officer on or before August 31, 2023, for the financial year preceding the date in the format annexed as Appendix I.
In addition to above said disclosure, every Director and Employee shall make an acknowledgement as given in Appendix II to the Code, on receipt of this Code, indicating that they have received, read and understood, and agree to comply with the Code. A declaration confirming the compliance of Code of Conduct by Directors and Employees shall be given by the Managing Director of the Company or such other person(s) as required by law, in the annual report of the Company each year.
(in millions)
PARTICULARS | Standalone | Consolidated | Standalone | Consolidated | Standalone | Consolidated | Standalone | Consolidated | Standalone | Consolidated | Standalone | Consolidated | Standalone |
FY 2022-23 |
FY 2022-23 |
FY 2021-22 |
FY 2021-22 |
FY 2020-21 |
FY 2020-21 |
FY 2019-20 |
FY 2019-20 |
FY 2018-19 |
FY 2018-19 |
FY 2017-18 |
FY 2017-18 |
FY 2016-17 |
|
Revenue from Operations | 9038.717 | 9426.599 | 5537.827 | 5774.835 | 2891.784 | 2979.894 | 5811.772 | 7251.541 | 6127.93 | 7323.89 | 504.107 | 572.379 | 1496.517 |
Other Income | 135.257 | 116.312 | 108.277 | 101.581 | 118.846 | 128.846 | 53.275 | 53.38 | 54.41 | 53.66 | 6.82 | 6.82 | 229.75 |
Total Income | 9173.973 | 9542.912 | 5646.104 | 5876.415 | 3010.629 | 3108.741 | 5865.047 | 7304.92 | 6182.34 | 7377.55 | 510.927 | 579.199 | 1726.268 |
Earnings before Finance Cost, Tax and Depreciation | 1842.44 | 1951.436 | 1034.337 | 1079.186 | 342.236 | 358.609 | 987.99 | 993.458 | 1227.43 | 1251.33 | 99.735 | 99.735 | 505.025 |
Less: Finance Cost | 87.894 | 99.913 | 84.882 | 91.216 | 107.461 | 112.564 | 153.556 | 156.22 | 874.36 | 183.28 | 17.219 | 17.221 | 3.307 |
Less: Depreciation & Preliminary expenses writtenoff | 242.008 | 273.414 | 231.77 | 243.659 | 217.159 | 224.343 | 234.461 | 235.854 | 195.22 | 184.51 | 15.275 | 15.28 | 45.341 |
Profit / (Loss) before Taxation | 1512.538 | 1578.109 | 717.685 | 744.311 | 17.615 | 21.702 | 599.972 | 601.383 | 853.89 | 883.54 | 67.241 | 67.234 | 456.377 |
Less: Provision for Taxation Current Tax Deferred Tax Tax adjustments for earlier year | 394.691 1.146 0.724 |
404.979 2.012 0.724 |
186.65 -7.706 -0.011 |
190.175 -7.929 -0.242 |
0.91 11.601 0.134 |
2.696 9.176 0.134 |
203.788 14.811 0.158 |
205.578 15.734 0.716 |
206.85 10.82 -8.07 |
213.64 10.44 -8.04 |
16.861 0.749 -3.763 |
16.893 0.714 -3.763 |
97.398 83.137 - |
Profit / (Loss) after Taxation | 1115.977 | 1170.393 | 538.753 | 562.307 | 4.971 | 9.696 | 381.215 | 379.355 | 644.29 | 667.51 | 53.394 | 53.389 | 275.842 |
Add: Other Comprehensive Income | -1.601 | -1.601 | 1.762 | 1.762 | 1.938 | 1.938 | -5.446 | -5.446 | (17.25) | (17.25) | (10.34) | (10.34) | - |
Total Comprehensive Income for the year | 1114.375 | 1168.792 | 540.514 | 564.068 | 6.909 | 11.634 | 375.769 | 373.909 | 632.87 | 650.26 | 523.60 | 523.55 | 275.842 |
Transfer to General Reserve | NIL | NIL | NIL | NIL | NIL | NIL | NIL | NIL | NIL | NIL | NIL | NIL | NIL |
Balance at the end of the year | 1114.375 | 1168.792 | 540.514 | 564.068 | 6.909 | 11.634 | 375.769 | 373.909 | 632.87 | 650.26 | 523.60 | 523.55 | 275.842 |
Earnings per Equity Share | |||||||||||||
Basic(In Rs ) | 11.95 | 12.54 | 23.08 | 24.08 | 0.21 | 0.42 | 16.33 | 16.25 | 27.85 | 28.59 | 183.73 | 183.71 | 1379.21 |
Diluted (In Rs ) | 11.95 | 12.54 | 23.08 | 24.08 | 0.21 | 0.42 | 16.33 | 16.25 | 27.85 | 28.59 | 183.73 | 183.71 | 1379.21 |
Name: Mr. Vishal Chanda
Designation: Company Secretary and Compliance Officer
Address: 63 B/C, Government Industrial Estate, Charkop, Kandivali West, Mumbai- 400067
Telephone Number: (+91 22) 42030428
Email: investors@flairpens.com
IMPORTANT NOTICE
NOT FOR DISTRIBUTION TO ANY PERSON OR ADDRESS IN THE UNITED STATES.
IMPORTANT: You must read the following notice before continuing.
The following notice applies to the Draft Red Herring Prospectus of Flair Writing Industries Limited (the "Company") dated July 14, 2023 (the "Draft Red Herring Prospectus") filed with the Securities and Exchange Board of India ("SEBI") on July 14, 2023 and hosted on this website in connection with the initial public offering of the equity shares of our Company (the "Offer"). You are advised to read the following notice carefully before reading, accessing or making any other use of the Draft Red Herring Prospectus. By accessing the Draft Red Herring Prospectus, you agree to be bound by the following terms and conditions. The Draft Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. The information in this portion of our website, including the Draft Red Herring Prospectus, is not for publication or distribution, directly or indirectly, in or into the United States. No part of the contents of the Draft Red Herring Prospectus shall be copied or duplicated in any form by any means, or redistributed. The Draft Red Herring Prospectus has been hosted on this website as prescribed under Regulation 26(1) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the "SEBI ICDR Regulations").?
Our Company has taken all necessary steps to ensure that the contents of the Draft Red Herring Prospectus as appearing on this website are identical to the Draft Red Herring Prospectus filed with the SEBI. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and, consequently, neither our Company nor any of its affiliates accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. The equity shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any other jurisdiction except India and may not be offered or sold, and Bids may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction. In particular, the equity shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act ("Regulation S")) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The equity shares are being offered and sold only to persons outside the United States in "offshore transactions" as defined in and in accordance with Regulations.
Neither our Company, nor any of its affiliates is soliciting any action based on the Draft Red Herring Prospectus, and it shall not constitute an offer to sell or an invitation to subscribe to or purchase equity shares offered in the Offer in any jurisdiction including India. Potential investors should not rely on the Draft Red Herring Prospectus for any investment decision.
Any decision on whether to invest in the equity shares described in the Draft Red Herring Prospectus may only be made after a red herring prospectus has been filed with the Registrar of Companies, Maharashtra at Mumbai and the SEBI and must be made solely on the basis of such red herring prospectus as there may be material changes in the red herring prospectus compared to the Draft Red Herring Prospectus. Invitations to subscribe to or purchase the equity shares in the Offer will be made only pursuant to the red herring prospectus if the recipient is in India or the preliminary offering memorandum for the Offer, which comprises the red herring prospectus and the preliminary international wrap for the Offer, if the recipient is outside India. No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which contains the selling restrictions for the Offer outside India. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, please see the section titled "Risk Factors" of the red herring prospectus, when available.
Neither our Company nor any of its affiliates will be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website. Our Company and its affiliates cannot and do not guarantee the accuracy, timeliness or completeness of the information being made available to you in the Draft Red Herring Prospectus beyond the date of the Draft Red Herring Prospectus. The information contained in the Draft Red Herring Prospectus may not be updated since its original publication date and may not reflect the latest updates. Our Company and its affiliates will not be responsible for any loss to any person or entity caused by any shortcoming, defect or inaccuracy which may have inadvertently or otherwise crept into the website. Neither our Company, nor any of its affiliates nor their directors, officers and employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in making this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the website or these materials. If you are not permitted to view materials on this website or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.
To access this information, you must confirm by pressing on the button marked "I Confirm" that, at the time of access, you (a) are located and resident in India and (b) are not located inside the United States. If you cannot make this confirmation, you must press the button marked "I Do Not Confirm".
The documentation contained in these webpages is posted to comply with Indian legal and regulatory requirements. Making the information contained herein available in electronic format does not constitute an offer to sell or the solicitation of an offer to buy securities in our Company in the United States or in any jurisdiction outside India. Furthermore, it does not constitute a recommendation by our Company or any other party to sell or buy securities in our Company in the United States or in any other jurisdiction outside India.
IMPORTANT NOTICE
NOT FOR DISTRIBUTION TO ANY PERSON OR ADDRESS IN THE UNITED STATES.
IMPORTANT: You must read the following notice before continuing.
The following notice applies to the Draft Red Herring Prospectus of Flair Writing Industries Limited (the "Company") (the "Draft Red Herring Prospectus") filed with the Securities and Exchange Board of India (the "SEBI") and the addendum to the Draft Red Herring Prospectus issued by the Company by way of a public announcement (the "Addendum") and hosted on this website in connection with the initial public offering of the equity shares of our Company (the "Offer"). You are advised to read the following notice carefully before reading, accessing or making any other use of the Draft Red Herring Prospectus and the Addendum. By accessing the Draft Red Herring Prospectus and the Addendum, you agree to be bound by the following terms and conditions.
The Draft Red Herring Prospectus and the Addendum are directed at, and are intended for distribution to, and use by, residents of India only. The information in this portion of our website, including the Draft Red Herring Prospectus and the Addendum, is not for publication or distribution, directly or indirectly, in or into the United States. No part of the contents of the Draft Red Herring Prospectus and the Addendum shall be copied or duplicated in any form by any means, or redistributed. The Draft Red Herring Prospectus and the Addendum has been hosted on this website as prescribed under Regulation 26(1) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (the "SEBI ICDR Regulations").
Our Company has taken all necessary steps to ensure that the contents of the Draft Red Herring Prospectus and the Addendum as appearing on this website are identical to the Draft Red Herring Prospectus and the Addendum filed with the SEBI. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and, consequently, neither our Company nor any of its affiliates accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. The equity shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any other jurisdiction except India and may not be offered or sold, and Bids may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction. In particular, the equity shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States and may not be offered or sold in the United States (as defined in Regulation S under the U.S. Securities Act ("Regulation S")) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The equity shares are being offered and sold only to persons outside the United States in "offshore transactions" as defined in and in accordance with Regulation S.
Neither our Company, nor any of its affiliates is soliciting any action based on the Draft Red Herring Prospectus and the Addendum, and it shall not constitute an offer to sell or an invitation to subscribe to or purchase equity shares offered in the Offer in any jurisdiction including India. Potential investors should not rely on the Draft Red Herring Prospectus or the Addendum for any investment decision.
Any decision on whether to invest in the equity shares described in the Draft Red Herring Prospectus and the Addendum may only be made after a red herring prospectus has been filed with the Registrar of Companies, Maharashtra at Mumbai and the SEBI and must be made solely on the basis of such red herring prospectus as there may be material changes in the red herring prospectus compared to the Draft Red Herring Prospectus and the Addendum. Invitations to subscribe to or purchase the equity shares in the Offer will be made only pursuant to the red herring prospectus if the recipient is in India or the preliminary offering memorandum for the Offer, which comprises the red herring prospectus and the preliminary international wrap for the Offer, if the recipient is outside India. No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which contains the selling restrictions for the Offer outside India.
Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, please see the section titled "Risk Factors" of the red herring prospectus, when available.
Neither our Company nor any of its affiliates will be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website. Our Company and its affiliates cannot and do not guarantee the accuracy, timeliness or completeness of the information being made available to you in the Draft Red Herring Prospectus and the Addendum beyond the date of the Draft Red Herring Prospectus and Addendum. The information contained in the Draft Red Herring Prospectus and the Addendum may not be updated since its original publication date and may not reflect the latest updates. Our Company and its affiliates will not be responsible for any loss to any person or entity caused by any shortcoming, defect or inaccuracy which may have inadvertently or otherwise crept into the website. Neither our Company, nor any of its affiliates nor their directors, officers and employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in making this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the website or these materials.
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The documentation contained in these webpages is posted to comply with Indian legal and regulatory requirements. Making the information contained herein available in electronic format does not constitute an offer to sell or the solicitation of an offer to buy securities in our Company in the United States or in any jurisdiction outside India. Furthermore, it does not constitute a recommendation by our Company or any other party to sell or buy securities in our Company in the United States or in any other jurisdiction outside India.
WEBSITE DISCLAIMER FOR POSTING THE RHP ON THE COMPANY'S WEBSITE
Important Disclaimer
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THE RED HERRING PROSPECTUS HAS BEEN MADE AVAILABLE ON OUR WEBSITE TO COMPLY WITH THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED.
The following disclaimer applies to the red herring prospectus dated November 16, 2023 (the "Red Herring Prospectus") in relation to the proposed initial public offering of the equity shares ("Equity Shares") of Flair Writing Industries Limited (the "Company") (the "If you cannot make these confirmations, you must press the button marked "I Do Not Confirm"."). You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Red Herring Prospectus. By accessing the Red Herring Prospectus, you agree to be bound by the following terms and conditions, including any modifications to them from time to time.
Access to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus), the members of the Syndicate (as defined in the Red Herring Prospectus) or any of their respective affiliates or any other person to subscribe to the Equity Shares offered in the Offer.
The information in the Red Herring Prospectus is as of the date thereof and none of the Company, the Selling Shareholders, the members of the Syndicate or their respective affiliates or any of the Company's, the Selling Shareholders' or the members of the Syndicate's respective directors or employees are under any obligation to update or revise the Red Herring Prospectus to reflect circumstances arising after the date thereof. The Company cannot and does not guarantee the accuracy, timeliness or completeness of the information in the Red Herring Prospectus beyond the date of the Red Herring Prospectus.
No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).
The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold, and Bids may not be made by persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares are being offered and sold only to persons outside the United States in reliance on Regulation S under the U.S. Securities Act.
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Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, see the section titled "Risk Factors" of the Red Herring Prospectus.
You are accessing this website at your own risk. None of the Company or any of its affiliates or their respective directors, officers or employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in making this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the website or these materials.
The Company or any of its affiliates or their respective directors, officers or employees shall not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently none of the Company or any of its affiliates or their respective directors, officers or employees accepts any liability or responsibility whatsoever in respect of alterations or changes which may have taken place during the course of transmission of the Red Herring Prospectus in electronic format.
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1. You have read the disclaimer set out above and you agree to be bound by its terms; and
2. You are located in India.
If you cannot make these confirmations, you must press the button marked "I Do Not Confirm".
WEBSITE DISCLAIMER FOR POSTING THE RHP ON THE COMPANY'S WEBSITE
Important: Please read this disclaimer carefully before reading, accessing or making any other use of the materials and documents available on this website.
The following disclaimer applies to the material contracts and documents for inspection ("Material Contracts and Documents") as identified in the section entitled "Material Contracts and Documents for Inspection" of the Red Herring Prospectus dated November 16, 2023 (the "Red Herring Prospectus" or "RHP"), in relation to the proposed initial public offering of the equity shares bearing face value of ₹ 5 each (the "Equity Shares") of Flair Writing Industries Limited (the "Company", and such offer, the "Offer").
The Material Contracts and Documents for inspection have been made available on our website to comply with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended. Access to the Material Contracts and Documents does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the RHP), the members of the Syndicate (as defined in the RHP) or any of their respective affiliates or any other person to subscribe to the Equity Shares offered in the Offer.
The statements contained in the Material Contracts and Documents speak only as at the date as of which they are made, and the Company expressly disclaims any obligation or undertaking to supplement, amend or disseminate any updates or revisions to any statements contained therein to reflect any change in events, conditions or circumstances on which any such statements are based. These documents do not constitute and should not be construed as an offer to sell or issue or recommendation or solicitation of an offer to buy Equity Shares in any jurisdiction or as an inducement to enter into investment activity. No part of these documents should form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever.
You acknowledge and agree that the Material Contracts and Documents may contain confidential information. The Company only authorizes you to inspect the Material Contracts and Documents in accordance with the requirements of applicable laws in relation to the Offer. The Material Contracts and Documents may not be photographed, sold, reproduced, or distributed under any circumstances and for any purposes whatsoever. Any other rights not specifically granted herein are reserved.
You are accessing this website at your own risk. None of the Company or any of its affiliates or their respective directors, officers or employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in making this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the website or these materials. The Company or any of its affiliates or their respective directors, officers or employees shall not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently none of the Company or any of its affiliates or their respective directors, officers or employees accepts any liability or responsibility whatsoever in respect of alterations or changes which may have taken place during the course of transmission of the Material Contracts and Documents in electronic format.
You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature.
Any claims arising out of the use of the information from these documents shall be governed by the laws of India and only the courts in India, and no other courts, shall have jurisdiction over such matters.
The Material Contracts and Documents may not be accessed by persons in the United States.
Confirmation
By accessing these documents and by clicking on the "I Confirm" button below, you represent to the Company, the Selling Shareholders and the members of the Syndicate that you are not in the United States and that you have read and accept the foregoing and you agree to be bound by its terms.
The Company is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares has filed the RHP with the Registrar of Companies, Maharashtra at Mumbai, and thereafter with the SEBI and the Stock Exchanges. The RHP is available on the website of the Company at www.flairworld.in/investor-relation.html, the website of SEBI at www.sebi.gov.in, the websites of the Stock Exchanges, i.e., BSE and NSE at www.bseindia.com and www.nseindia.com, respectively, and as well as on the websites of the BRLMs, i.e., Nuvama Wealth Management Limited, (formerly known as Edelweiss Securities Limited) and Axis Capital Limited at www.nuvama.com and www.axiscapital.co.in, respectively. Potential investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, please see the section entitled "Risk Factors" on page 30 of the RHP. Potential investors should not rely on the draft red herring prospectus dated July 14, 2023 read with the addendum to the draft red herring prospectus dated September 13, 2023, filed with SEBI for making any investment decision.
The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares are being offered and sold only to persons outside the United States in reliance on Regulation S under the U.S. Securities Act.
WEBSITE DISCLAIMER FOR POSTING THE ADDENDUM TO THE RHP ON THE COMPANY'S WEBSITE
Important
PLEASE READ THIS DISCLAIMER CAREFULLY AND AGREE WITH THE TERMS AND CONDITIONS OF THIS DISCLAIMER BEFORE CONTINUING. IT APPLIES TO ALL PERSONS WHO VIEW THIS WEBSITE. PLEASE NOTE THAT THE DISCLAIMER SET OUT BELOW MAY BE ALTERED OR UPDATED. YOU SHOULD READ IT IN FULL EACH TIME YOU VISIT THE WEBSITE.
THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS OUTSIDE INDIA.
THE ADDENDUM TO THE RED HERRING PROSPECTUS HAS BEEN MADE AVAILABLE ON OUR WEBSITE TO COMPLY WITH THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED.
The following disclaimer applies to the addendum dated November 20, 2023 (the "Addendum to the Red Herring Prospectus") to the red herring prospectus dated November 16, 2023 (the "Red Herring Prospectus") in relation to the proposed initial public offering of the equity shares ("Equity Shares") of Flair Writing Industries Limited (the "Company") (the "Offer"). The Red Herring Prospectus should be read together with the Addendum to the Red Herring Prospectus. You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Addendum to the Red Herring Prospectus. By accessing the Addendum to the Red Herring Prospectus, you agree to be bound by the following terms and conditions, including any modifications to them from time to time.
Access to the Addendum to the Red Herring Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Red Herring Prospectus), the members of the Syndicate (as defined in the Red Herring Prospectus) or any of their respective affiliates or any other person to subscribe to the Equity Shares offered in the Offer.
The information in the Addendum to the Red Herring Prospectus is as of the date thereof and none of the Company, the Selling Shareholders, the members of the Syndicate or their respective affiliates or any of the Company's, the Selling Shareholders' or the members of the Syndicate's respective directors or employees are under any obligation to update or revise the Addendum to the Red Herring Prospectus to reflect circumstances arising after the date thereof. The Company cannot and does not guarantee the accuracy, timeliness or completeness of the information in the Addendum to the Red Herring Prospectus beyond the date of the Addendum to the Red Herring Prospectus.
No person outside India is eligible to Bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Addendum to the Red Herring Prospectus, the Red Herring Prospectus and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India).
The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold, and Bids may not be made by persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares are being offered and sold only to persons outside the United States in reliance on Regulation S under the U.S. Securities Act.
The copy of the Addendum to the Red Herring Prospectus hosted on this website may not be distributed, directly or indirectly, outside India. You are hereby notified that any forwarding, delivery or distribution of the Addendum to the Red Herring Prospectus, in whole or in part, outside India is strictly prohibited. Failure to comply with this disclaimer may result in a violation of the applicable laws. If you access the Addendum to the Red Herring Prospectus, you agree not to forward, deliver or distribute it, in whole or in part, to any person outside India.
Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, see the section titled "Risk Factors" of the Red Herring Prospectus.
You are accessing this website at your own risk. None of the Company or any of its affiliates or their respective directors, officers or employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in making this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the website or these materials.
The Company or any of its affiliates or their respective directors, officers or employees shall not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently none of the Company or any of its affiliates or their respective directors, officers or employees accepts any liability or responsibility whatsoever in respect of alterations or changes which may have taken place during the course of transmission of the Addendum to the Red Herring Prospectus in electronic format.
You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature.
If you are not in India, please exit this webpage.
Confirmation of your acceptance of the terms and conditions
By clicking on the "I Confirm" button below you represent to the Company and the members of the Syndicate that:
1. You have read the disclaimer set out above and you agree to be bound by its terms; and
2. You are located in India.
If you cannot make these confirmations, you must press the button marked "I Do Not Confirm".
I have read the above disclaimer and I agree to be bound by its terms. I hereby declare that I am located in India.
WEBSITE DISCLAIMER FOR POSTING THE PROSPECTUS ON THE COMPANY'S WEBSITE
Important Disclaimer
PLEASE READ THIS DISCLAIMER CAREFULLY AND AGREE WITH THE TERMS AND CONDITIONS OF THIS DISCLAIMER BEFORE CONTINUING. IT APPLIES TO ALL PERSONS WHO VIEW THIS WEBSITE. PLEASE NOTE THAT THE DISCLAIMER SET OUT BELOW MAY BE ALTERED OR UPDATED. YOU SHOULD READ IT IN FULL EACH TIME YOU VISIT THE WEBSITE.
THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS OUTSIDE INDIA.
THE PROSPECTUS HAS BEEN MADE AVAILABLE ON OUR WEBSITE TO COMPLY WITH THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED.
The following disclaimer applies to the prospectus dated November 25, 2023 (the "Prospectus") in relation to the initial public offering of the equity shares ("Equity Shares") of Flair Writing Industries Limited (the "Company") (the "Offer"). You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Prospectus. By accessing the Prospectus, you agree to be bound by the following terms and conditions, including any modifications to them from time to time.
Access to the Prospectus does not constitute a recommendation by the Company, the Selling Shareholders (as defined in the Prospectus), the members of the Syndicate (as defined in the Prospectus) or any of their respective affiliates or any other person to subscribe to the Equity Shares offered in the Offer.
The information in the Prospectus is as of the date thereof and none of the Company, the Selling Shareholders, the members of the Syndicate or their respective affiliates or any of the Company's, the Selling Shareholders' or the members of the Syndicate's respective directors or employees are under any obligation to update or revise the Prospectus to reflect circumstances arising after the date thereof. The Company cannot and does not guarantee the accuracy, timeliness or completeness of the information in the Prospectus beyond the date of the Prospectus.
The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold, and Bids may not be made by persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares were offered and are being sold only to persons outside the United States in reliance on Regulation S under the U.S. Securities Act.
The copy of the Prospectus hosted on this website may not be distributed, directly or indirectly, outside India. You are hereby notified that any forwarding, delivery or distribution of the Prospectus, in whole or in part, outside India is strictly prohibited. Failure to comply with this disclaimer may result in a violation of the applicable laws. If you access the Prospectus, you agree not to forward, deliver or distribute it, in whole or in part, to any person outside India.
Any investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, see the section titled "Risk Factors" of the Prospectus.
You are accessing this website at your own risk. None of the Company or any of its affiliates or their respective directors, officers or employees will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or resulting from the act or omission of any other party involved in making this website or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the website or these materials.
The Company or any of its affiliates or their respective directors, officers or employees shall not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently none of the Company or any of its affiliates or their respective directors, officers or employees accepts any liability or responsibility whatsoever in respect of alterations or changes which may have taken place during the course of transmission of the Prospectus in electronic format.
You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature.
If you are not in India, please exit this webpage.
Confirmation of your acceptance of the terms and conditions
By clicking on the "I Confirm" button below you represent to the Company and the members of the Syndicate that:
1. You have read the disclaimer set out above and you agree to be bound by its terms; and
2. You are located in India.
If you cannot make these confirmations, you must press the button marked "I Do Not Confirm".