cin: l52399mh1987plc044954; regd. off.: knowledge house ... · near magathane telephone exchange,...

2
OUR BUREAU New Delhi Debunking the claim of the Centre and the Jammu and Kashmir government of cre- ating awareness among the people, a random survey car- ried out by an NGO show a large number of people in the rural areas lack knowl- edge of even the basics about the pandemic threat. A survey done in Kulgam, Badgam, Baramulla, Shopi- an, Handwara, Poonch, Ra- jouri, Akhnoor, and the mi- grant camps in Jagti and Purkhoo throws up following findings, according to Satish Mahaldar. 1) Two kms away from the headquarters in these areas, no awareness programmes have been taken by the con- cerned govt authorities. 2) Sarpanch, Panch, MLAs, MLC till now have neither visited their villages nor dis- tributed masks and disinfec- tants nor had initiated any awareness programmes. 3) Most of the district health centres, hospitals and doctors do not have the ap- propriate gear/tools/equip- ment to combat Covid-19. 4) In district hospitals, there are no ventilators, and neither are there adequate medicines to cater to the needs of common man. 5) Most of the ration depots are closed and the ration has not been supplied to the needy ones. Few store own- ers even have reduced the av- erage allocation of rice from 3.25 kg to 2.5 kg to individuals on their own and without any official orders. 6) Kerosene is virtually missing from the market and numerous complaints have been received that it is being black marketed. 7) Cable operators and their movements have been re- stricted in rural areas. Most of the villagers are depend- ent on cable TV for getting news and entertainment. As cable operators are not able to function, people in villages are not aware of the coron- avirus threat. 8) In most of the rural vil- lages, places of worship, market shops, schools, gath- ering places have not been disinfected so far. 9) In Jagti/ and other mi- grant camps, people are most vulnerable and they do not have any adequate facilities, awareness about the combat- ing of Covid-19. 10) Migrants from various states are in panic, with no toll free telephone numbers to let the people reach out to authorities in distress. J&K villages lack virus awareness Cops deal with lockdown violators strictly in Jammu on Monday. PIC: Sajad Hameed PREMA RAJARAM Kolkata The Kolkata Police has cracked the whip on fake news being circulated sur- rounding the Covid-19 alert and subsequent lockdown in the country. A woman, Pallavi Shivani, was arrest- ed on Monday for circulat- ing fake information on a whatsApp group saying there were 15 Covid-19 cases in New Alipore area and the government was trying to supress facts. The message reads, “New Alipore area has become hotspot for corona. 15 cases have been reported in block P and 2 in my lane. Please be careful everyone.” However, till date there are no such cases that have been offi- cially reported from the ar- eas mentioned in her mes- sage. The police received infor- mation on Sunday morning and tried to trace the woman on the basis of the information on the What- sApp group. The message was sent on a WhatsApp group called ‘Smart Jun- iors’ and her name reflected as ‘Pallavi Kangaroo kids’. Incidentally Kangaoo Kids is a Montessori school in New Alipore area and the police found out that the school has been closed for quite some time now after the coronavirus alert and that there is no staff by the name Pallavi in the school. The police then traced back the woman to Behala area. She had no valid rea- sons to support her claims when questioned by the po- lice. The accused has been charged under section 505(1)(b) of the Indian Penal Code, intent to cause fear or alarm in the public and was being produced in court on Monday. West Bengal Chief Minis- ter Mamata Banerjee said no fake information should be shared in times of the lockdown and has instruct- ed the police to identify such persons spreading inf- ormation on WhatsApp and social media platforms. Woman sends fake info on WhatsApp; arrested CHANDIGARH: A leopard strayed into a plush residential area in Chan- digarh on Monday morning, triggering panic among people, officials said. The feline was trapped by forest officials after hectic efforts of over five hours. The leopard got injured during the trapping operation. With the prevailing eerie silence owing to the curfew to limit the spread of coronavirus, the leopard from the nearby Sukhna Wildlife Sanctuary entered the city in the wee hours and was spotted in a Sector 5 residential area. It was spotted at 8.15 a.m. and subsequently locals alerted the local police and the Wildlife Department. The police reached the spot and asked locals to stay away from the wild cat. The leopard kept hiding for about five hours before being tranquilised, said a forest official. A few days back, sambars were spotted in residential areas located close to the sanctuary. They were caught on cameras by locals as they were roaming fearlessly. The Sukhna Wildlife Sanctuary, adjoining the rain-fed Sukhna Lake, spreads over 25.42 sq km. It is home to a variety of butterflies, birds and mammals like the wild boar, pangolin, mongoose, deer and the Indian civet, besides snakes like the Indian python and Russell’s viper. Leopard strays into Chandigarh, rescued THE FREE PRESS JOURNAL 5 MUMBAI | TUESDAY | MARCH 31, 2020 www.freepressjournal.in F E L ,., ~~}~~grises Ltd. CIN: L52399MH1987PLC044954; Regd. Off.: Knowledge House, Shyam Nagar, Off Jogeshwari -Vikhroli Link Road, Jogeshwari (East), Mumbai - 400060., Tel. No.: +91 22 6644 2200; Fax No. +91 22 6644 2201; Website: www.felindia.in; Email: [email protected] FORM DPT-1 CIRCULAR IN THE FORM OF AOVERTISEMENT INVITING OEPOSITS [Pursuant ta section 73 (2)(a) and section 76 and rule 4(1) and 4(2) at the Companies (Acceptance at Deposits) Rules, 2014] 1. GENERAL INFORMATION A. Name, address, website and other contact details of the company Future Enterprises Limited ("the Company") CIN:L52399MH1987PLC044954 Registered Office: "Knowledge House", Shyam Nagar, Off Jogeshwari-Vikhroli Link Road, Jogeshwari (East), Mumbai - 400060 Tel: +91 22 6644 2200 Fax: + 91 22 6644 2201 Corporate Office: Future Retail Home Office, 247 Park, 'C' Tower, LBS Marg, Vikhroli (West), Mumbai - 400083 Tel: +91 22 6119 0000 Fax: + 91 22 6199 5019 Website: www.felindia.in; E-mail: [email protected], [email protected], [email protected] B. Date of incorporation of the Company October 12, 1987 C. D. Business carried on by the Company and its subsidiaries with the details of branches or units, if any The Company (FEL) is undertaking the following activities : 1) Manufacturing/distribution of fashion apparels and trading of fabrics, readymade garments and other commodities; 2) Procuring, creating and renting out retail infrastructure assets; 3) Making and holding of strategic investment and periodical monetisation of the same; 4) To compile and analyse customer and consumption data in Retail and Service Industry and provide insight of consumption pattern; 5) To offer and provide various products and services to prospective and identified customers, directly or through associates engaged in such activities. Plant Locations: a) G-6, MIDC, Tarapur, Dist. Palghar. b) No. 4, Puttappa Industrial Estate, Mahadevpura, Near Hindustan Petroleum, Bengaluru 560 048. The details of business of our Company's subsidiaries are as follows: Future Media (India) Limited Future Media (India) Limited (FMIL) is the Future Group's media venture, aimed at creation of media properties in the ambience of consumption and thus offers active engagement to brands and consumers. Futurebazaar India Limited Futurebazaar India Limited (FBIL) is a wholly owned subsidiary and is set up as the e-Retailing arm of the Future Group for providing on-line shopping experience through e-portal www.futurebazaar.com. Future E-commerce Infrastructure Limited Future E-commerce Infrastructure Limited (FECIL) is to capture the consumption space through the internet, as well as other technology based and digital modes and provide infrastructure services for the same. Work Store Limited Work Store Limited (WSL) is designed to capture the consumption space of office supplies, office equipment and products. Office Shop Private Limited Office Shop Private Limited (OSPL) is wholly owned subsidiary of WSL and accordingly is a step down subsidiary of the Company and deals in the business of distribution of office products. Bluerock eServices Private Limited Bluerock eServices Private Limited (BEPL) is a wholly owned subsidiary and deals in the business of providing services for operation and maintenance of IT enabled platforms. Future Merchandising & Sourcing Pie Ltd. Future Merchandising & Sourcing Pie. Limited (FMSPL) is wholly owned subsidiary of company based in Singapore to undertake the activity of global sourcing of food, fashion, footwear and others from international markets. Ritvika Trading Private Limited Ritvika Trading Private Limited (RTPL) is a wholly owned subsidiary and is in business of buying, selling, importing, exporting, supplying, trading, dealing in all types of goods and services. Brief particulars of the management of the Company : The day to day affairs of the Company are looked after by Mr. Vijay Biyani, Managing Director under the supervision and guidance of the Board of Directors. Managing Director is supported by Mr. Dinesh Maheshwari, Executive Director and CFO. Further, different functions are headed by the professional managers. E. Names, addresses, DIN and occupations of the Directors : Name of Director, Designation, Occupation and DIN Mr. V. K. Chopra; Chairman and Non-Executive Independent Director; Ex-banker and financial consultant; DIN: 02103940 Mr. Kishore Biyani; Vice Chairman and Non-Executive Director; Entrepreneur;DIN:000057 40 Mr. Vijay Biyani; Managing Director; Entrepreneur; DIN:00005827 Mr. Anandakrishnan Chandrasekaran; Non-Executive Independent Director; Consultant; DIN: 08535001 Ms. Bala Deshpande; Non-Executive Independent Director; Service; DIN:00020130 Address Flat No. 4A, 4th Floor, Harmony Tower, Dr. E. Moses Road, Worli Naka, Worli, Mumbai - 400018. 406, Jeevan Vihar, Manav Mandir Road, Malabar Hill, Mumbai - 400006 Flat No. 3603, Vivarea Towers, B Wing, S. G. Marg,Jacob Circle, Mahalaxmi, Mumbai - 400011 332, Cowper St, Palo Alto CA 94301 Palo Alto CA U.S. C 2001/02, Rustomjee Seasons, Madhusudan Kalelkar Road, Gandhi Naqar, Bandra (El, Mumbai - 400 051 . Mr. Haresh Chawla; Non-Executive Independent Director; 143/B, Nibbana CHS Ltd., Pali Hill, Bandra (West), Consultant; DIN: 00029828 Mumbai - 400 050. Mr. Dinesh Maheshwari; Executive Director & Chief Financial Officer; Service; DIN: 00088451 1801, Grandure Tower, Off Western Express Highway Near Magathane Telephone Exchange, Borivali East Mumbai - 400 066. F. Management's perception of risk factors The Company is one of the listed entities of Future Group, being engaged in the business of manufacturing and trading of private label fashion garments and accessories and other commodities. The Company further has expertise in setting-up new stores and renovating existing stores across India and renting out the retail infrastructure assets at such stores to retail entities. The intrinsic risk factors of the business pertains to obsolescence of inventory pertaining to the fashion category, intensive dependence on working capital funds, huge vendor eco-system, and dependence on single major customer for liquidation of its inventory and other external factors. However, to mitigate these risks and to enable the Company to stay afloat from such inherent business risks, the Group has adopted various measures. The Group has a discount store model to liquidate slow moving stocks, and has tied-up for working capital facilities based on the Company's business plans. The Company has arranged strategic and long term partnerships with its vendors to enable services through collaborative development and implementa- tion. Further, the Company has entered into long term contractual agreements to ensure assured business. Management believes that growth in retail segment will remain moderate and Company's cash accruals will remain healthy over the medium term, driven by its diversified revenue profile and increasing contribution of stable lease rentals, supported by comfortable gearing and debt protection metrics. Further, the Company is listed on BSE & NSE having good market capitalisation. In addition to the above, the Company do have investments made in various companies, which are engaged in consumption led business activities and would enable the Company to monetise these investments over a period of lime, as and when they are ready for divestment. Since monetisation stream is not predictable and would depend various factors including getting right buyer for the same, the realisations from divestments have not been considered on accrual basis and would be captured in books as and when realised. G. Details of default, including the amount involved, duration of default and present status, in repayment of- (i) statutory dues - Nil (ii) debentures and interest thereon - Nil (iii) loan from any bank or financial institution and interest thereon - Nil 2. PARTICULARS OF THE DEPOSITSCHEME A. Date of passing of board resolution February 29, 2020. B. Date of passing of resolution in the Through postal Ballot resolution, the result of which are declared on December general meeting authorizing the 29, 2018 invitation of such deposits C. Type of deposits, i.e., whether Unsecured secured or unsecured D. i Amount which the company can On the basis of the Balance Sheet as at 31st March 2019 : raise by way of deposits as per the Particulars Amount Act and the rules made thereunder, 10% of the aggregate of the paid up capital and free Rs. 363 crores reserves as Deposit from its Members 25% of the aggregate of the paid up capital and free Rs. 908 crores reserves as Deposit from Public Total Deposits Rs.1 ,271 crores ii The aggregate of deposits actually Rs. 44.30 Crore. held as on March 31, 2019 iii The aggregate of deposits actually held as on the date of issue of the Rs. 399.38 Crore (Net). Circular or advertisement (as at beginning of business hours of February 29, 2020) iv Amount of deposit proposed to be Out of total limit permissible as mentioned in point no. 2(D)(i) above, at present raised and amount of deposit the company propose to raise Rs.700 crores as Deposits from Public including repayable within the next twelve Members. months The amount of deposit repayable within the next twelve months is Rs. 6.43 Crore as on March 31, 2020. E. Terms of raising of deposits Scheme Cumulative Scheme Non-Cumulative Scheme Duration 1 Year I 2 Years I 3 Years 1 Year I 2 Years I 3Years Minimum deposit Rs.10,000/- and additional amount Rs.10,000/- and additional amount can be in multiples of Rs.1,000/- can be in multiples of Rs.1,000/- Rate of Interest for Deposit from Public 9.10%p.a. I 9.60%p.a. l10.10%p.a. 9.00o/op.a. I 9.50%p.a. 110.00o/op.a. Interest Payment Frequency Interest Compounded as per calendar Interest for the Galendar Quarters quarter, payable on maturity date or payable at the end of the quarter or on on the previous business day in case the previous business day in case end maturity date happens to be a holiday. of the quarter happens to be a holiday Additional Interest to Members (shareholders), Existing Employees, Senior Citizen, Members of Future Group Customer Loyalty program viz. 0.25% p.a 0.25% p.a Future Pay, Big Bazaar Profit Club, Easyday Saving Club. (Criteria to be fulfilled at time of acceptance of deposit) Mode of payment and repayment Payment of interest and principal will be made by direct credit in sole/first-named depositor's bank account through ECS/ Direct Credit/ RTGS/ NEFT. F. Proposed time schedule mentioning The Company will be accepting deposits from public as well as members of the the date of opening of the Scheme company. This is a statutory advertisement issued by the Company, pursuant and the time period for which the to Section 73 (2) (a) and Section 76 of the Companies Act, 2013 read with Rule circular or advertisement is valid 4 (1) and 4 (2) of Companies (Acceptance of Deposits) Rules, 2014, and shall be opened after 30 days from the date of its filling with the Registrar of Companies and shall be valid for a period of 6 months from the closure of financial year or the forthcoming Annual General Meeting of the company for the financial year 2019-2020, whichever is earlier. G. Reasons or objects of raising the For raising funds to finance the capital expenditure requirement for expansion deposits and other general corporate purposes of the Company. H. Credit rating obtained Name of the Credit Rating Agencies: Acuite Ratings & Research Limited. Rating obtained: ACUITE FAA, outlook negative. Meaning of the rating obtained: High Safety, Very Low Credit Risk. Date on which rating was obtained: February 28, 2020. I. Short particulars of the charge Not Applicable as the deposits are unsecured. created or to be created for securing such deposits, if any J. Any financial or other material No specific material interest is provided, except, if the same are Members, they interest of the directors, promoters or can place deposits, and their interest rate would be same as that payable to key managerial personnel in such Fixed Deposits from Members, Employees, Senior Citizen, Members of Future deposits and the effect of such Group Customer Loyalty programviz. Future Pay, Big Bazaar Profit Club, interest in so far as it is different from Easyday Saving Club.as provided herein above and would be marginally higher the interests of other persons by 0.25%p.a. as compared with Fixed Deposits from Public. 3. DETAILS OF ANY OUTSTANDING DEPOSITS : a. Amount Outstanding (as at beginning Rs. 399.38 Crore (Net). of business hours of February b. C. d. e. f. g. 29, 2020) Date of acceptance Since February 11, 2019. Total amount accepted (Net) (as at Rs. 399.38 Crore (Net). beginning of business hours of February 29, 2020) Rate of interest In the range of 9.00 to 10.10 p.a. and additional *0.25% as mentioned above. Total number of depositors (as at 23,789. beginning of business hours of February 29, 2020) Default, if any, in repayment of Not applicable. deposits and payment of interest thereon, if any, including number of depositors, amount and duration of default involved Any waiver by the depositors, of Not applicable. interest accrued on deposits. 4. FINANCIAL POSITION OF THECOMPANY A. Profits of the company, before and after making provision for tax, for the three financial years immediately preceding the date of issue of circular or advertisement: (Represent financials as per IND AS) (<' in crores) Particulars FY2018-19 FY2017-18 FY2016-17 Profit before Depreciation & Tax 771.43 679.76 676.75 Less: Deoreciation 769.19 698.40 633.19 Profit /(Loss) before tax 2.24 (18.64) 43.56 Profit /(Loss) after tax 24.02 (12.19) 43.56 B. Dividends declared by the company in respect of the said three financial years; Particulars 2018-19 2017-18 2016-17 Equity I Class-B (Series-1) Equity Class-B (Series-1) Equity Class-B (Series-1) Rs. I % I Rs. % Rs. I % Rs. I % Rs. % Rs. I % Dividend I I I I - 0.20 10.00 o.24 I 12.00 Interest coverage ratio for last three years (Cash profit after tax plus interest paid or interest paid) Particulars I 2010-19 2011-10 I 2016-11 Interest Coverage Ratio (Gash profit after tax plus interest paid or interest paid) I 2.33 2.20 I 2.33 C. A summary of the financial position of the company as in the three audited balance sheets immediately preceding the date of issue of circular or advertisement: (Represent financials as per IND AS) (<' in crores) Particulars As at March 31 2019 As at March 31 2018 As at March 31 2017 ASSETS Non-Current Assets 9,310.28 8,534.85 7,965.51 Current Assets 2,759.31 2,367.87 2,267.51 Total Assets 12,069.59 10,902.72 10,233.02 EQUllY AND LIABILITIES Equity 3,958.22 3,910.63 3,809.80 Non-Current Liabilities 6,599.62 5,940.24 5,466.25 Current Liabilities 1,511.75 1,051.85 956.96 Total Equity and Liabilities 12,069.59 10,902.72 10,233.02 D. Audited Cash Flow Statement for the three years immediately preceding the date of issue of circular or advertisement: (Represent financials as per IND AS) (<' in crores) Particulars Year ended Year ended Year ended March 31, 2019 March 31, 2018 March 31, 2017 Cash Flow from Operating Activities 1,088.52 862.34 781.74 Cash Flow from Investing Activities (1,271.20) (1,033.78) (663.67) Cash Flow from Financing Activities 177.74 156.75 (140.45) On Composite Schemes of Arrangements Net (Decrease)/lncrease in Cash and Cash Equivalents (4.94) (14.69) (22.38) Cash and Cash Equivalents (Opening Balance) 19.56 34.25 56.63 Cash and Cash Equivalents (Closing Balance) 14.62 19.56 34.25 E. Any change in accounting policies The Company has adopted Indian Accounting Standards ("IND AS") from April during the last three years and their 01, 2016 with a transition date of April 01, 2015. Accordingly, the Financial effect on the profits and the reserves Results for the year 2016-17 have been prepared in accordance with IND AS, of thecompany prescribed under Section 133 of the Companies Act, 2013, read with the relevant Rules issued thereunder and the other recognised accounting practices and policies to the extent applicable. 5. A DECLARATION BY THE DIRECTORS THAT - A. the company has not defaulted in the repayment of deposits accepted either before or after the commencement of the Act or payment of interest there on; B. the board of directors have satisfied themselves fully with respect to the affairs and prospects of the company and that they are of the opinion that having regard to the estimated future financial position of the company, the company will be able to meet its liabilities as and when they become due and that the company will not become insolvent within a period of one year from the date of issue of the circular or advertisement; C. the company has complied with the provisions of the Act and the rules made thereunder; D. the compliance with the Act and the rules does not imply that repayment of deposits is guaranteed by the Central Government; E. the deposits accepted by the company before the commencement of the Act have been repaid (er ill be repaid alaRg ith iAterest tliereaR BR maturilj aRd uRtil thei are repaid, thEl'J shall be treated as uAsesured aRd raAl1iRg pari passu ith ether uRsesured liabilities). F. In case of any adverse change in credit rating, depositors will be given a chance to withdraw deposits without any penalty. G. the deposits shall be used only for the purposes indicated in the Circular or circular in the form of advertisement; H. the deposits accepted by the company (ether thaR the sesured depasits, if aRy, aggregate amauRt af "'hish ta be iAdisated) are unsecured and rank pari passu with other unsecured liabilities of the company. 6. DISCLAIMER It is to be distinctly understood that filing of circular in the Form of advertisement with the Registrar should not in any way be deemed or construed that the same has been cleared or approved by the Registrar or Central Government. The Registrar or Central Government does not take any responsibility either for the financial soundness of any deposit scheme for which the deposit is being accepted or invited or for the correctness of the statements made or opinions expressed in the circular in the Form of advertisement. The depositors should exercise due diligence before investing in the deposit scheme. The circular is issued on the authority and in the name of the Board of Directors of the Company, the text hereof has been approved by the Board of Directors on February 29, 2020 and a copy thereof, signed by a majority of the Directors of the Company, has been filed with the Registrar of Companies, Mumbai, Maharashtra. Place: Mumbai Date: February 29, 2020 By Order of the Board of Directors Dinesh Maheshwari Executive Director & Chief Financial Officer

Upload: others

Post on 17-Jul-2020

2 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: CIN: L52399MH1987PLC044954; Regd. Off.: Knowledge House ... · Near Magathane Telephone Exchange, Borivali East Mumbai -400 066. F. Management's perception of risk factors The Company

OUR BUREAUNew Delhi

Debunking the claim of theCentre and the Jammu andKashmir government of cre-ating awareness among thepeople, a random survey car-ried out by an NGO show alarge number of people inthe rural areas lack knowl-edge of even the basics aboutthe pandemic threat.A survey done in Kulgam,Badgam, Baramulla, Shopi-an, Handwara, Poonch, Ra-jouri, Akhnoor, and the mi-grant camps in Jagti andPurkhoo throws up followingfindings, according to SatishMahaldar.1) Two kms away from theheadquarters in these areas,no awareness programmeshave been taken by the con-cerned govt authorities.2) Sarpanch, Panch, MLAs,MLC till now have neithervisited their villages nor dis-tributed masks and disinfec-tants nor had initiated anyawareness programmes.3) Most of the districthealth centres, hospitals anddoctors do not have the ap-propriate gear/tools/equip-ment to combat Covid-19.4) In district hospitals,there are no ventilators, andneither are there adequatemedicines to cater to the

needs of common man. 5) Most of the ration depotsare closed and the ration hasnot been supplied to theneedy ones. Few store own-ers even have reduced the av-erage allocation of rice from3.25 kg to 2.5 kg to individualson their own and withoutany official orders. 6) Kerosene is virtuallymissing from the market andnumerous complaints havebeen received that it is beingblack marketed.7) Cable operators and theirmovements have been re-stricted in rural areas. Mostof the villagers are depend-ent on cable TV for gettingnews and entertainment. Ascable operators are not ableto function, people in villagesare not aware of the coron-avirus threat.8) In most of the rural vil-lages, places of worship,market shops, schools, gath-ering places have not beendisinfected so far.9) In Jagti/ and other mi-grant camps, people are mostvulnerable and they do nothave any adequate facilities,awareness about the combat-ing of Covid-19.10) Migrants from variousstates are in panic, with notoll free telephone numbersto let the people reach out toauthorities in distress.

J&K villages lackvirus awareness

Cops deal with lockdown violators strictly in Jammu on Monday.PIC: Sajad Hameed

PREMA RAJARAMKolkata

The Kolkata Police hascracked the whip on fakenews being circulated sur-rounding the Covid-19 alertand subsequent lockdownin the country. A woman,Pallavi Shivani, was arrest-ed on Monday for circulat-ing fake information on awhatsApp group sayingthere were 15 Covid-19 casesin New Alipore area and thegovernment was trying tosupress facts.The message reads, “NewAlipore area has becomehotspot for corona. 15 caseshave been reported in blockP and 2 in my lane. Please becareful everyone.” However,till date there are no suchcases that have been offi-cially reported from the ar-eas mentioned in her mes-sage.The police received infor-mation on Sunday morningand tried to trace thewoman on the basis of theinformation on the What-sApp group. The messagewas sent on a WhatsAppgroup called ‘Smart Jun-iors’ and her name reflectedas ‘Pallavi Kangaroo kids’. Incidentally Kangaoo Kidsis a Montessori school in

New Alipore area and thepolice found out that theschool has been closed forquite some time now afterthe coronavirus alert andthat there is no staff by thename Pallavi in the school.The police then tracedback the woman to Behalaarea. She had no valid rea-sons to support her claimswhen questioned by the po-lice. The accused has beencharged under section505(1)(b) of the Indian PenalCode, intent to cause fear oralarm in the public and wasbeing produced in court onMonday.West Bengal Chief Minis-ter Mamata Banerjee saidno fake information shouldbe shared in times of thelockdown and has instruct-ed the police to identifysuch persons spreading inf -ormation on WhatsApp andsocial media platforms.

Woman sends fake infoon WhatsApp; arrested

CHANDIGARH: A leopard strayed into a plush residential area in Chan -di garh on Monday morning,triggering panic amongpeople, officials said. Thefeline was trapped by forestofficials after hectic efforts ofover five hours. The leopardgot injured during thetrapping operation.With the prevailing eerie

silence owing to the curfewto limit the spread of

coronavirus, the leopard from the nearby Sukhna Wildlife Sanctuaryentered the city in the wee hours and was spotted in a Sector 5residential area. It was spotted at 8.15 a.m. and subsequently localsalerted the local police and the Wildlife Department. The police reachedthe spot and asked locals to stay away from the wild cat.The leopard kept hiding for about five hours before being tranquilised,

said a forest official. A few days back, sambars were spotted inresidential areas located close to the sanctuary. They were caught oncameras by locals as they were roaming fearlessly. The Sukhna WildlifeSanctuary, adjoining the rain-fed Sukhna Lake, spreads over 25.42 sqkm. It is home to a variety of butterflies, birds and mammals like thewild boar, pangolin, mongoose, deer and the Indian civet, besidessnakes like the Indian python and Russell’s viper.

Leopard strays intoChandigarh, rescued

THE FREEPRESSJOURNAL 5MUMBAI | TUESDAY | MARCH 31, 2020

www.freepressjournal.in F E L,., ~~}~~grises Ltd.

CIN: L52399MH1987PLC044954; Regd. Off.: Knowledge House, Shyam Nagar, Off Jogeshwari -Vikhroli Link Road, Jogeshwari (East), Mumbai - 400060., Tel. No.: +91 22 6644 2200; Fax No. +91 22 6644 2201; Website: www.felindia.in; Email: [email protected]

FORM DPT-1

CIRCULAR IN THE FORM OF AOVERTISEMENT INVITING OEPOSITS [Pursuant ta section 73 (2)(a) and section 76 and rule 4(1) and 4(2) at the Companies (Acceptance at Deposits) Rules, 2014]

1. GENERAL INFORMATION

A. Name, address, website and other contact details of the company

Future Enterprises Limited ("the Company") CIN:L52399MH1987PLC044954

Registered Office: "Knowledge House", Shyam Nagar, Off Jogeshwari-Vikhroli Link Road, Jogeshwari (East), Mumbai - 400060 Tel: +91 22 6644 2200 Fax: + 91 22 6644 2201

Corporate Office: Future Retail Home Office, 247 Park, 'C' Tower, LBS Marg, Vikhroli (West), Mumbai - 400083 Tel: +91 22 6119 0000 Fax: + 91 22 6199 5019

Website: www.felindia.in; E-mail: [email protected], [email protected], [email protected]

B. Date of incorporation of the Company October 12, 1987

C.

D.

Business carried on by the Company and its subsidiaries with the details of branches or units, if any

The Company (FEL) is undertaking the following activities : 1) Manufacturing/distribution of fashion apparels and trading of fabrics,

readymade garments and other commodities; 2) Procuring, creating and renting out retail infrastructure assets; 3) Making and holding of strategic investment and periodical monetisation of

the same; 4) To compile and analyse customer and consumption data in Retail and

Service Industry and provide insight of consumption pattern; 5) To offer and provide various products and services to prospective and

identified customers, directly or through associates engaged in such activities.

Plant Locations: a) G-6, MIDC, Tarapur, Dist. Palghar. b) No. 4, Puttappa Industrial Estate, Mahadevpura, Near Hindustan

Petroleum, Bengaluru 560 048.

The details of business of our Company's subsidiaries are as follows:

Future Media (India) Limited Future Media (India) Limited (FMIL) is the Future Group's media venture, aimed at creation of media properties in the ambience of consumption and thus offers active engagement to brands and consumers.

Futurebazaar India Limited Futurebazaar India Limited (FBIL) is a wholly owned subsidiary and is set up as the e-Retailing arm of the Future Group for providing on-line shopping experience through e-portal www.futurebazaar.com.

Future E-commerce Infrastructure Limited Future E-commerce Infrastructure Limited (FECIL) is to capture the consumption space through the internet, as well as other technology based and digital modes and provide infrastructure services for the same.

Work Store Limited Work Store Limited (WSL) is designed to capture the consumption space of office supplies, office equipment and products.

Office Shop Private Limited Office Shop Private Limited (OSPL) is wholly owned subsidiary of WSL and accordingly is a step down subsidiary of the Company and deals in the business of distribution of office products.

Bluerock eServices Private Limited Bluerock eServices Private Limited (BEPL) is a wholly owned subsidiary and deals in the business of providing services for operation and maintenance of IT enabled platforms.

Future Merchandising & Sourcing Pie Ltd. Future Merchandising & Sourcing Pie. Limited (FMSPL) is wholly owned subsidiary of company based in Singapore to undertake the activity of global sourcing of food, fashion, footwear and others from international markets.

Ritvika Trading Private Limited Ritvika Trading Private Limited (RTPL) is a wholly owned subsidiary and is in business of buying, selling, importing, exporting, supplying, trading, dealing in all types of goods and services.

Brief particulars of the management of the Company : The day to day affairs of the Company are looked after by Mr. Vijay Biyani, Managing Director under the supervision and guidance of the Board of Directors. Managing Director is supported by Mr. Dinesh Maheshwari, Executive Director and CFO. Further, different functions are headed by the professional managers.

E. Names, addresses, DIN and occupations of the Directors :

Name of Director, Designation, Occupation and DIN

Mr. V. K. Chopra; Chairman and Non-Executive Independent Director; Ex-banker and financial consultant; DIN: 02103940

Mr. Kishore Biyani; Vice Chairman and Non-Executive Director; Entrepreneur;DIN:000057 40

Mr. Vijay Biyani; Managing Director; Entrepreneur; DIN:00005827

Mr. Anandakrishnan Chandrasekaran; Non-Executive Independent Director; Consultant; DIN: 08535001

Ms. Bala Deshpande; Non-Executive Independent Director; Service; DIN:00020130

Address

Flat No. 4A, 4th Floor, Harmony Tower, Dr. E. Moses Road, Worli Naka, Worli, Mumbai - 400018.

406, Jeevan Vihar, Manav Mandir Road, Malabar Hill, Mumbai - 400006

Flat No. 3603, Vivarea Towers, B Wing, S. G. Marg,Jacob Circle, Mahalaxmi, Mumbai - 400011

332, Cowper St, Palo Alto CA 94301 Palo Alto CA U.S.

C 2001/02, Rustomjee Seasons, Madhusudan Kalelkar Road, Gandhi Naqar, Bandra (El, Mumbai - 400 051 .

Mr. Haresh Chawla; Non-Executive Independent Director; 143/B, Nibbana CHS Ltd., Pali Hill, Bandra (West), Consultant; DIN: 00029828 Mumbai - 400 050.

Mr. Dinesh Maheshwari; Executive Director & Chief Financial Officer; Service; DIN: 00088451

1801, Grandure Tower, Off Western Express Highway Near Magathane Telephone Exchange, Borivali East Mumbai - 400 066.

F. Management's perception of risk factors

The Company is one of the listed entities of Future Group, being engaged in the business of manufacturing and trading of private label fashion garments and accessories and other commodities. The Company further has expertise in setting-up new stores and renovating existing stores across India and renting out the retail infrastructure assets at such stores to retail entities.

The intrinsic risk factors of the business pertains to obsolescence of inventory pertaining to the fashion category, intensive dependence on working capital funds, huge vendor eco-system, and dependence on single major customer for liquidation of its inventory and other external factors.

However, to mitigate these risks and to enable the Company to stay afloat from such inherent business risks, the Group has adopted various measures. The Group has a discount store model to liquidate slow moving stocks, and has tied-up for working capital facilities based on the Company's business plans. The Company has arranged strategic and long term partnerships with its vendors to enable services through collaborative development and implementa­tion. Further, the Company has entered into long term contractual agreements to ensure assured business.

Management believes that growth in retail segment will remain moderate and Company's cash accruals will remain healthy over the medium term, driven by its diversified revenue profile and increasing contribution of stable lease rentals, supported by comfortable gearing and debt protection metrics. Further, the Company is listed on BSE & NSE having good market capitalisation. In addition to the above, the Company do have investments made in various companies, which are engaged in consumption led business activities and would enable the Company to monetise these investments over a period of lime, as and when they are ready for divestment. Since monetisation stream is not predictable and would depend various factors including getting right buyer for the same, the realisations from divestments have not been considered on accrual basis and would be captured in books as and when realised.

G. Details of default, including the amount involved, duration of default and present status, in repayment of­(i) statutory dues - Nil (ii) debentures and interest thereon - Nil (iii) loan from any bank or financial institution and interest thereon - Nil

2. PARTICULARS OF THE DEPOSITSCHEME

A. Date of passing of board resolution February 29, 2020.

B. Date of passing of resolution in the Through postal Ballot resolution, the result of which are declared on December general meeting authorizing the 29, 2018 invitation of such deposits

C. Type of deposits, i.e., whether Unsecured secured or unsecured

D. i Amount which the company can On the basis of the Balance Sheet as at 31st March 2019 : raise by way of deposits as per the Particulars Amount Act and the rules made thereunder, 10% of the aggregate of the paid up capital and free Rs. 363 crores

reserves as Deposit from its Members 25% of the aggregate of the paid up capital and free Rs. 908 crores reserves as Deposit from Public Total Deposits Rs.1 ,271 crores

ii The aggregate of deposits actually Rs. 44.30 Crore. held as on March 31, 2019

iii The aggregate of deposits actually held as on the date of issue of the

Rs. 399.38 Crore (Net).

Circular or advertisement (as at beginning of business hours of February 29, 2020)

iv Amount of deposit proposed to be Out of total limit permissible as mentioned in point no. 2(D)(i) above, at present raised and amount of deposit the company propose to raise Rs.700 crores as Deposits from Public including repayable within the next twelve Members. months The amount of deposit repayable within the next twelve months is Rs. 6.43

Crore as on March 31, 2020.

E. Terms of raising of deposits

Scheme Cumulative Scheme Non-Cumulative Scheme

Duration 1 Year I 2 Years I 3 Years 1 Year I 2 Years I 3Years

Minimum deposit Rs.10,000/- and additional amount Rs.10,000/- and additional amount can be in multiples of Rs.1,000/- can be in multiples of Rs.1,000/-

Rate of Interest for Deposit from Public 9.10%p.a. I 9.60%p.a. l10.10%p.a. 9.00o/op.a. I 9.50%p.a. 110.00o/op.a.

Interest Payment Frequency Interest Compounded as per calendar Interest for the Galendar Quarters quarter, payable on maturity date or payable at the end of the quarter or on on the previous business day in case the previous business day in case end maturity date happens to be a holiday. of the quarter happens to be a holiday

Additional Interest to Members (shareholders), Existing Employees, Senior Citizen, Members of Future Group Customer Loyalty program viz. 0.25% p.a 0.25% p.a Future Pay, Big Bazaar Profit Club, Easyday Saving Club. (Criteria to be fulfilled at time of acceptance of deposit)

Mode of payment and repayment Payment of interest and principal will be made by direct credit in sole/first-named depositor's bank account through ECS/ Direct Credit/ RTGS/ NEFT.

F. Proposed time schedule mentioning The Company will be accepting deposits from public as well as members of the the date of opening of the Scheme company. This is a statutory advertisement issued by the Company, pursuant and the time period for which the to Section 73 (2) (a) and Section 76 of the Companies Act, 2013 read with Rule circular or advertisement is valid 4 (1) and 4 (2) of Companies (Acceptance of Deposits) Rules, 2014, and shall

be opened after 30 days from the date of its filling with the Registrar of Companies and shall be valid for a period of 6 months from the closure of financial year or the forthcoming Annual General Meeting of the company for the financial year 2019-2020, whichever is earlier.

G. Reasons or objects of raising the For raising funds to finance the capital expenditure requirement for expansion deposits and other general corporate purposes of the Company.

H. Credit rating obtained

• Name of the Credit Rating Agencies: Acuite Ratings & Research Limited.

• Rating obtained: ACUITE FAA, outlook negative.

• Meaning of the rating obtained: High Safety, Very Low Credit Risk.

• Date on which rating was obtained: February 28, 2020.

I. Short particulars of the charge Not Applicable as the deposits are unsecured. created or to be created for securing such deposits, if any

J. Any financial or other material No specific material interest is provided, except, if the same are Members, they interest of the directors, promoters or can place deposits, and their interest rate would be same as that payable to key managerial personnel in such Fixed Deposits from Members, Employees, Senior Citizen, Members of Future deposits and the effect of such Group Customer Loyalty programviz. Future Pay, Big Bazaar Profit Club, interest in so far as it is different from Easyday Saving Club.as provided herein above and would be marginally higher the interests of other persons by 0.25%p.a. as compared with Fixed Deposits from Public.

3. DETAILS OF ANY OUTSTANDING DEPOSITS :

a. Amount Outstanding (as at beginning Rs. 399.38 Crore (Net). of business hours of February

b.

C.

d.

e.

f.

g.

29, 2020)

Date of acceptance Since February 11, 2019.

Total amount accepted (Net) (as at Rs. 399.38 Crore (Net). beginning of business hours of February 29, 2020)

Rate of interest In the range of 9.00 to 10.10 p.a. and additional *0.25% as mentioned above.

Total number of depositors (as at 23,789. beginning of business hours of February 29, 2020) Default, if any, in repayment of Not applicable. deposits and payment of interest thereon, if any, including number of depositors, amount and duration of default involved

Any waiver by the depositors, of Not applicable. interest accrued on deposits.

4. FINANCIAL POSITION OF THECOMPANY

A. Profits of the company, before and after making provision for tax, for the three financial years immediately preceding the date of issue of circular or advertisement: (Represent financials as per IND AS) (<' in crores)

Particulars FY2018-19 FY2017-18 FY2016-17 Profit before Depreciation & Tax 771.43 679.76 676.75 Less: Deoreciation 769.19 698.40 633.19 Profit /(Loss) before tax 2.24 (18.64) 43.56 Profit /(Loss) after tax 24.02 (12.19) 43.56

B. • Dividends declared by the company in respect of the said three financial years;

Particulars 2018-19 2017-18 2016-17 Equity I Class-B (Series-1) Equity Class-B (Series-1) Equity Class-B (Series-1)

Rs. I % I Rs. % Rs. I % Rs. I % Rs. % Rs. I % Dividend I I I I - 0.20 10.00 o.24 I 12.00

• Interest coverage ratio for last three years (Cash profit after tax plus interest paid or interest paid)

Particulars I 2010-19 2011-10 I 2016-11 Interest Coverage Ratio (Gash profit after tax plus interest paid or interest paid) I 2.33 2.20 I 2.33

C. A summary of the financial position of the company as in the three audited balance sheets immediately preceding the date of issue of circular or advertisement: (Represent financials as per IND AS) (<' in crores)

Particulars As at March 31 2019 As at March 31 2018 As at March 31 2017 ASSETS Non-Current Assets 9,310.28 8,534.85 7,965.51 Current Assets 2,759.31 2,367.87 2,267.51 Total Assets 12,069.59 10,902.72 10,233.02

EQUllY AND LIABILITIES Equity 3,958.22 3,910.63 3,809.80 Non-Current Liabilities 6,599.62 5,940.24 5,466.25 Current Liabilities 1,511.75 1,051.85 956.96 Total Equity and Liabilities 12,069.59 10,902.72 10,233.02

D. Audited Cash Flow Statement for the three years immediately preceding the date of issue of circular or advertisement: (Represent financials as per IND AS) (<' in crores)

Particulars Year ended Year ended Year ended March 31, 2019 March 31, 2018 March 31, 2017

Cash Flow from Operating Activities 1,088.52 862.34 781.74 Cash Flow from Investing Activities (1,271.20) (1,033.78) (663.67) Cash Flow from Financing Activities 177.74 156.75 (140.45) On Composite Schemes of Arrangements Net (Decrease)/lncrease in Cash and Cash Equivalents (4.94) (14.69) (22.38) Cash and Cash Equivalents (Opening Balance) 19.56 34.25 56.63 Cash and Cash Equivalents (Closing Balance) 14.62 19.56 34.25

E. Any change in accounting policies The Company has adopted Indian Accounting Standards ("IND AS") from April during the last three years and their 01, 2016 with a transition date of April 01, 2015. Accordingly, the Financial effect on the profits and the reserves Results for the year 2016-17 have been prepared in accordance with IND AS, of thecompany prescribed under Section 133 of the Companies Act, 2013, read with the

relevant Rules issued thereunder and the other recognised accounting practices and policies to the extent applicable.

5. A DECLARATION BY THE DIRECTORS THAT -

A. the company has not defaulted in the repayment of deposits accepted either before or after the commencement of the Act or payment of interest there on;

B. the board of directors have satisfied themselves fully with respect to the affairs and prospects of the company and that they are of the opinion that having regard to the estimated future financial position of the company, the company will be able to meet its liabilities as and when they become due and that the company will not become insolvent within a period of one year from the date of issue of the circular or advertisement;

C. the company has complied with the provisions of the Act and the rules made thereunder;

D. the compliance with the Act and the rules does not imply that repayment of deposits is guaranteed by the Central Government;

E. the deposits accepted by the company before the commencement of the Act have been repaid (er ill be repaid alaRg ith iAterest tliereaR BR maturilj aRd uRtil thei are repaid, thEl'J shall be treated as uAsesured aRd raAl1iRg pari passu ith ether uRsesured liabilities).

F. In case of any adverse change in credit rating, depositors will be given a chance to withdraw deposits without any penalty.

G. the deposits shall be used only for the purposes indicated in the Circular or circular in the form of advertisement;

H. the deposits accepted by the company (ether thaR the sesured depasits, if aRy, aggregate amauRt af "'hish ta be iAdisated) are unsecured and rank pari passu with other unsecured liabilities of the company.

6. DISCLAIMER

It is to be distinctly understood that filing of circular in the Form of advertisement with the Registrar should not in any way be deemed or construed that the same has been cleared or approved by the Registrar or Central Government. The Registrar or Central Government does not take any responsibility either for the financial soundness of any deposit scheme for which the deposit is being accepted or invited or for the correctness of the statements made or opinions expressed in the circular in the Form of advertisement. The depositors should exercise due diligence before investing in the deposit scheme.

The circular is issued on the authority and in the name of the Board of Directors of the Company, the text hereof has been approved by the Board of Directors on February 29, 2020 and a copy thereof, signed by a majority of the Directors of the Company, has been filed with the Registrar of Companies, Mumbai, Maharashtra.

Place: Mumbai

Date: February 29, 2020

By Order of the Board of Directors

Dinesh Maheshwari Executive Director & Chief Financial Officer

Page 2: CIN: L52399MH1987PLC044954; Regd. Off.: Knowledge House ... · Near Magathane Telephone Exchange, Borivali East Mumbai -400 066. F. Management's perception of risk factors The Company

3‘w§~B© ‘w§~B©, _§Jidma, 31 ‘mM© 2020

à{V{ZYr‘w§~B©, gmo‘dma - O‘md~§XrÀ¶m

AmXoemZo C„K§Z H$ê$Z gm¶aZ dmOdyZH$ma MmbdUo EH$m hm°Q>obì¶mdgm{¶H$mbm Mm§JboM ‘hmJmV nS>boAmho. ˶mMm pìhS>rAmo gmoeb ‘r{S>¶mdaìhm¶ab hmoVmM H$mhr Vmgm§V ‘mQw>§Jmnmo{bgm§Zr ˶mbm AQ>H$ Ho$br. A¶mVw„mHo$ Hw$bmPmXo Ago ¶m 56 dfu¶ì¶mdgm{¶H$mMo Zmd AgyZ AQ>Ho$Z§Va˶mbm Om{‘Zmda gmoSy>Z XoʶmVAmë¶mMo nmo{bgm§Zr gm§{JVbo.

dm§Ðo ¶oWo amhUmè¶m A¶mVw„m ¶mÀ¶m‘mbH$sMo ‘mQw>§Jm ¶oWrb qH$½O gH©$bn[agamV H°$’o$ Hw$ba ZmdmMo hm°Q>ob Amho.VrZ {Xdgm§nydu Vmo {‘Ìm§gmo~V ˶mÀ¶mH$ma‘YyZ OmV hmoVm. ¶m H$ma‘Yrbgm¶aZ dmOdyZ Vmo ^adoJmV OmV hmoVm.¶mdoir Vmo gVV H$moamoZm{df¶r {I„rCS>dV hmoVm. hm pìh{S>Amo ˶mÀ¶m {‘ÌmZoaoH$m°S>© H$ê$Z 28 ‘mM©bm gmoeb‘r{S>¶mda ìhm¶ab Ho$bm hmoVm. hm àH$ma‘mQw>§Jm nmo{bgm§À¶m {ZXe©Zmg ¶oVmM˶m§Zr A¶mVw„m Hw$bmPmXo ¶mbm

Mm¡H$ergmR>r Vmã¶mV KoVbo. ˶mdoir˶mZo gm¶aZ dmOdyZ O‘md~§XrÀ¶mAmXoemMo C„K§Z Ho$ë¶mMr H$~wbr {Xbr.˶mÀ¶m{déÕ nmo{bgm§Zr 1717, 188,279 ^mX{d H$b‘m§VJ©V JwÝhm Zm|XdyZ˶mbm e{Zdmar nmo{bgm§Zr AQ>H$ Ho$br.VWm{n, hm Om{‘ZnmÌ JwÝhm Agë¶mZo˶mbm Z§Va Om{‘Zmda gmoSy>Z XoʶmVAmbo. Om{‘Zmda ~mhoa ¶oVmM ˶mZoAmUIrZ EH$ pìhS>rAmo AnbmoS> Ho$bmAmho. ˶mV ˶mZo Amnë¶m H¥$˶mMr‘m’$s ‘m{JVbr Amho. nmobrg, S>m°³Q>a,Zg©og Amnë¶mbm Kam~mhoa nSy> ZH$m Agodma§dma gm§JV Amho, Varhr ‘m¶mH$Sy>Zhr MyH$ Pmbr, ¶mnwT>o ‘m¶mH$Sy>Z AerH$moUVrhr MyH$ hmoUma Zmhr ¶mMrI~aXmar KoʶmMo AmídmgZ XoD$Z ˶mZo‘w§~B©H$am§Mr ‘m’$s ‘m{JVbr Amho.

à{V{ZYr

‘w§~B©, gmo‘dma - ‘w§~B©gh amÁ¶mVO‘md~§Xr Am{U g§Mma~§XrXaå¶mZemgZmgh ‘w§~B© nmo{bgm§Zr {Xboë¶m{Z¶‘m§Mo C„K§Z Ho$ë¶màH$aUr e{Zdmar‘w§~B© nmo{bg§mZr Aݶ 55 JwÝøm§Mr Zm|XH$ê$Z ¶m JwÝøm§V 102 OUm§Zm AQ>H$Ho$br Amho. ˶m§n¡H$s 95 OUm§MrOm{‘Zmda gwQ>H$m H$aʶmV Ambr Amho.XhmOUm§Zm Amamonr XmIdʶmV Ambo VagmVOUm§Zm ZmoQ>rgÛmao gº$ VmH$sX XoD$ZgmoSy>Z XoʶmV Ambo Amho.

bm°H$S>mD$Z Omhra Pmë¶mnmgyZ 20‘mM© Vo 28 ‘mM©n¶ªV O‘md~§XrÀ¶mAmXoemMo C„K§Z Ho$ë¶màH$aUrAmVmn¶ªV ‘w§~B© nmo{bgm§Zr 266OUm§{déÕ 188 H$b‘m§VJ©V JwÝho XmIbHo$bo AmhoV. ˶mV H$moamoZm g§X^m©VrbVrZ JwÝøm§Mm g‘mdoe Amho. BVaJwÝøm§‘ܶo hm°Q>ob AmñWmnZmMo 18 JwÝho,nmZQ>narMo ZD$ JwÝho, BVa XþH$mZm§gX^m©V43 JwÝho, hm°H$g©-’o$ardmbog§X^m©V 12JwÝho, gmd©O{ZH$ {R>H$mUr JXuHo$ë¶màH$aUr 122 JwÝho, Ad¡Y

dmhVwH$sMo 59> JwÝho XmIb Pmbo hmoVo.e{Zdmar {Xdg^amV Aݶ 55 JwÝøm§MrZm|X Pmbr AgyZ gdm©{YH$ 23 JwÝho nyd©‘w§~B©V Pmë¶mMo nmo{bgm§Zr gm§{JVbo. ¶mJwÝøm§‘ܶo H$moamoZm é½Umg§X^m©V EH$mJwÝømMm g‘mdoe Amho. hm°Q> ob-AmñWmnZmMm EH$ JwÝhm, nmZQ>narMoXmoZ, BVa XþH$mZm§gX^m©V XmoZ JwÝho,gmd©O{ZH$ {R>H$mUr JXu Ho$ë¶màH$aUr22, Ad¡Y dmhVwH$sMo 27 JwÝho Va BVahm°H$g© Am{U ’o$ardmbog§X^m©V EH$hrJwÝhm XmIb Pmbm Zmhr. XþgarH$S>o Joë¶mAmR> {Xdgm§V ‘w§~B© nmo{bgm§Zr 188H$b‘m§VJ©V AmVmn¶ªV 467 OUm§ZmAQ>H$ Ho$br Amho. ˶mV 37 OUm§ZmAmamonr XmIdʶmV Ambo AgyZ 55OUm§Zm ZmoQ>rg XoD$Z gmoSy>Z XoʶmV AmboAmho. 412 OUm§Mr Om{‘Zmda gwQ>H$mH$aʶmV Ambr Amho. e{Zdmar 28‘mM©bm ehamV 102 OUm§Zm nmo{bgm§ZrAQ>H$ Ho$br hmoVr. ˶mVrb 95 OUm§MrOm{‘Zmda gwQ>H$m H$aʶmV Ambr Amho.XhmOUm§Zm Amamonr XmIdʶmV Ambo VagmVOUm§Zm ZmoQ>rg XoD$Z gmoSy>Z XoʶmVAmbo Amho.

à{V{ZYr

‘w§~B©, gmo‘dma - amÁ`mVrb nmobrg`§ÌUoda Q>rH$m H$aUmao ^mOnMo ZoVo damÁ`mMo {damoYr njZoVo Xod|Ð ’$S>Udrg`m§À`mda {edgoZoMo ‘wInÌ X¡{ZH$"gm‘Zm'VyZ OmoaXma Q>rH$m H$aÊ`mVAmbr Amho. nmo{bgm§da X§Sw>H$mdmnaÊ`mMr doi H$m Ambr, ̀ mMm {dMma{damoYr njZoË`m§Zr H$amdm, Agm Q>mobm"gm‘Zm'Zo hmUbm Amho.

gaH$maÀ`m gyMZm d bm°H$S>mD$ZMo{Z`‘ YwS>H$mdyZ añË`mda {’$aUmè`m§daH$madmB© H$aUmè`m nmo{bgm§da Q>rH$mH$aUmao {damoYr njZoVo Xod|Ð ’$S>Udrg`m§À`mda {edgoZoZo OmoaXma h„mMT>dbm Amho. "hr doi dmX{ddmXmMrZmhr. Q>rH$m, Amamon H$aÊ`mMr Zmhr.hmVmV hmV KmbyZ amï´> Am{U ‘hmamï´>dmMdÊ`mMr Amho. gaH$mar nJma^mOnÀ`m H$mofmV O‘m H$aUmè`m§Zm hoH$moUr g‘Omd`mMo,' Agm Cnamo{YH$gdmbhr {edgoZoZo Ho$bm Amho.

bm°H$S>mD$ZÀ`m H$mimV {dZmH$maUKam~mhoa nS>Umè`m§da nmobrg X§Sw>Š`m§Mmdmna H$aV AmhoV. Ë`mg {damoYr njmZoAmjon KoVbm Amho. {edgoZoZo"gm‘Zm'À`m AJ«boImVyZ ^mOnÀ`m `m^y{‘Ho$Mm g‘mMma KoVbm Amho. ˶mVnwT>o Ago åhQ>bo Amho H$s, EH$m ì`º$sÀ`mMwH$s‘wio e§^aOUm§Zm, Ë`m e§^am§VyZnwT>À`m hOmam§Zm H$moamoZm ~mYUma AgobVa Ë`m EH$m ì`º$sÀ`m nmíd©^mJmda"X§Sw>H$m' hmUUo hr g‘mOgodm Am{UAmamo½`godmM Amho. nmo{bgm§Zm X§Sw>H$mH$m dmnamdm bmJVmo, ̀ mMm {dMma à‘wI{damoYr njmZo H$am`bm hdm,' AgmImoMH$ g„mhr {edgoZoZo {Xbm Amho.

gaH$maZo 21 {Xdgm§Mo "bm°H$S>mD$Z'Omhra H$ê$Zhr bmoH$ añË`mda CVaVmV,JXu H$aVmV. nwÝhm nmo{bgm§Zr X§Sw>Ho$CJmabo Va ho H$m`ÚmMo amÁ` Amho H$m`Agm àíZ {dMmaVmV. hmo`, hoH$m`ÚmMoM amÁ` Amho. åhUyZM nmobrg’$º$ X§Sw>Š`mMm dmna H$arV AmhoV.MrZgmaIo amï´> AgVo Va H$m` PmboAgVo gm§JVm `oV Zmhr, Agohr ¶mboImV nwT>o åhQ>bo Amho.

amÁ`mV XmoZeo d g§nyU© XoemVhOmam§da H$moamoZm~m{YVm§Mr g§»`mnmohmoMbr Amho, nU bmoH$m§Zm `m‘hm‘marMo Jm§^r`© Ia§M g‘Obo AmhoH$m`? H$moamoZmMr g‘ñ`m Xm~Ê`mgmR>rqhXy-‘wgb‘mZ Agm Ioi H$ê$ZhrCn`moJ Zmhr. ‘§{Xa, ‘erX, emhrZ ~mJdJ¡ao nÎmo {ngyZhr H$moamoZmda ‘mV eŠ`Zmhr. MrZZo H$moamoZm AmQ>moŠ`mV AmUbm`mMo H$m¡VwH$ gwê$ Amho, nU ghm

hOmam§da ~ir XoD$Z. Ë`mgmR>r Ë`m§ZmX§Sw>Š`m§Mm Zìho Va ~§XwH$m§Mmhr dmnaH$amdm bmJbm Agob. qhXwñWmZmVhrMrZà‘mUo ghm hOma ~ir OmD$ Úm`MoAmhoV H$m`, Agm gdmbhr AJ«boImVyZ{dMmaʶmV Ambm Amho.

añË`mda {’$aUmè`m§Zm nmobrg X§Sw>Ho$‘maVmV åhUyZ gaH$mada Q>rH$m Ho$brOmV Amho. ‘J ‘hmamï´> dmM{dÊ`mgmR>rH$m` H$am`bm hdo, `mMohr ‘mJ©Xe©ZQ>rH$mH$mam§Zr H$amdo. BamU‘Ü`oañVmoañVr, BQ>brÀ`m Mm¡H$mMm¡H$m§VH$moamoZm é½Um§Mo ‘wS>Xo nS>V AmhoV. Vgo‘wS>Xo `oWrb añË`m§dahr nSy> Úm`MoH$m`? amÁ`mÀ`m {damoYr njZoË`m§ZmH$m` Pmbo Amho? OUy OZVoMr H$miOr’$º$ Ë`m§ZmM Amho Am{U gaH$ma ’$º$hmVr X§Sw>H$m KoD$Z {’$aV Amho, Aer{dYmZo {damoYr njZoVo Xod|Ð ’$S>UdrgH$aV AmhoV. AmYrÀ`m amOdQ>rVnmo{bgm§Mm ’$º$ J¡admna gwê$ hmoVm.AmO ’$º$ H$moamoZm {Z`§ÌUmVR>odÊ`mgmR>r nmo{bgm§Mm dmna gwê$ Amho,Agohr AJ«boImVyZ ñnï> H$aʶmV AmboAmho.

S>m°ŠQ>am§da VmU Amho Vgmnmo{bgm§dahr Amho. H$V©ì` ~OmdUmè`mnmo{bgm§da Q>rHo$Mr PmoS> CR>dyZ VwåhrH$moamoZmbm ~i XoV AmhmV. nUKgaboë`m JmS>rV ~gUmè`m{damoYH$m§Zm ho gm§Jm`Mo H$moUr, AgmImoMH$ gdmb H$aV ¶m AJ«boImV nwT>oAgo åhQ>bo Amho H$s, ‘hmamï´>mVrb gd©Am‘Xma d ImgXmam§Zr (^mOn dJiyZ)Ë`m§Mo EH$ ‘{hÝ`mMo doVZ ‘w»`‘§Ìr‘XV{ZYrV O‘m Ho$bo Amho. H$moamoZmerbT>Ê`mgmR>r Q>mQ>m, ~OmO, A{P‘ào‘Or, A§~mZr Aem CÚmoJnVtZr ‘moR>o`moJXmZ {Xbo, nU amÁ`mVrb {damoYrnjmZo Ë`m§À`m Am‘Xma-ImgXmam§gmR>rH$m` ’$‘m©Z H$mT>mdo? Va Ë`m§Mo EH$‘{hÝ`mMo doVZ Ë`m§Zr ^mOnÀ`m amhVH$mofmV O‘m H$am`Mo Amho. åhUOo Aemg§H$Q> H$mimVhr {damoYr njmZo Ë`m§Mm gdVmgw^m Ho$bm Amho, ¶meãXm§V gm‘mZVrb AJ«boImVyZ Q>rH$mHo$br Amho.

g§H$Q>mV ho bmoH$ EH$Ì `oÊ`mg V`maZmhrV. Ë`m§Zm ‘w»`‘§Ìr d Ë`m§Mm‘XV{ZYr Amnbm dmQ>V Zmhr. Aem{damoYr njmbm gm‘m{OH$ ^mZ VaZmhrM, {edm¶ Ë`m§Mo dmJUo amï´>r`EH$moß`mÀ`m {damoYr Amho. åhUyZM AemH$R>rUàg§Jr Ago g§Hw${MV {dMmam§MobmoH$ gÎmoda ZmhrV `mMm ‘hmamï´>mbmA{^‘mZ Amho. nmobrg d Amamo½``§ÌUoMo ‘Zmo~b IMob Ago H$moUVohrdV©Z H$moUrhr H$ê$ Z`o.

O‘md~§Xr AgVmZm gm¶aZ dmOdyZH$ma Mmb{dUo ‘hmJmV nS>bo

hm°Q>ob ì¶mdgm{¶H$mbmAQ>H$; ‘mQw>§Jm

nmo{bgm§Mr H$madmB©

ehamV O‘md~§XrÀ¶m AmXoemMo C„K§Z Ho$ë¶màH$aUr 55 JwÝøm§Mr Zm|X

hr dmX{ddmXmMr Zìho, amï´> Am{U‘hmamï´> dmMdÊ`mMr doi - {edgoZm

• F E ( ~rJ~~irises

~: 'l•l'l'l~~~~9~l~~oijij~~ij; ~~: ~,K!rfl. ~'l'R. <>M~<Rt-~~. <>M'Rt {~). ~-ijoo of.o; ~ll"TT'I': +~9 'l'l f.f,ijij'l'loo; ififfill"TT'I': +~9 'l'l f.f,ijij'l'lo9, ~:www.felindia.in; {-'IB": [email protected]

Gil~'<lffli><I I ~ ~ ~ ~

q_~~ (;i;rR;n" (~ ~) f.mi:r, :,09&• ~ qji?'/' 19J(:,)(,!) 3fTfur qji?'/' o'(9) 3fTfur o'(:?) 3Rlit)

1(. ~ "llcf, <ffiT, ~ 3lTfilr ~ ~ ~ ( "ci,q;ft")

~ajq'cfif-m~ 'Rl3!]'lflff: lfc'5'1,~'l'I ~9'lll9~o\i\i'l'l\i ~ ~: "~ ~", mil, -,IR", uflll~cRl -~ "1~6111>1\<'1>1<1, uflll~cRl (~), ~-\iooof.o ~: +~9 « i:,i:,\i\i «oo q',cffi-, +'19 « i:,i:,\i\i «o9 q;'fqfu;~: ~ ffc,;o, wr ~- ,\/\9 q]cj,, ''Rt' 00, ~ 'TT'f, ~ (~). ~ - \loo ol~

~:+'19 << i:,99'1 0000 q',cffi-, +'19 « i:,9'1'1 '109'1 ~: www.felindia.in; {-itai-: [email protected], [email protected], [email protected]

.ft. ~~~ 9 , 3lT<fcT<R 9 'I l\9

'RT. ci,q.fi 3lTfilr ~ ~ ~ ci,q.fi ( ~) ~ ~ ffl ~ vITTl: clfcR1'm 3lTfilr ~ q ~ 9 ) tFiffi ~ ~ / ~ 3lTfilr q;m, ~ '1.fm 3lTfilr ~ ai:r~,cmft~ cl$c!Jlq'R;

<) fcwITToo ~ l'.JTWl'<1T ~ ffl, f.li:Jiur ffl 3lTfilr ~ zyr; ~) ~ ~ ffl 3lTfilr cft 'QROT ffl 3lTfilr ~ ~ ~~ffiffl; \i) fcwITToo 3lTfilr WIT ~ J:fW!i" 3lTfilr '3lflWT w ~ ffl 3lTfilr ~ fct~~ ffl 3lTfilr '3lflWT ~ ~ ~ ffl; 'I) ~ 3lTfilr f.lfua' ~ ~ ~ ~ fci,crr 3fffl ~ ~I t1i:,¢l:;qiui1 ~ f<lf<m ~ 3lTfilr WIT~ ffl 3lTfilr J:rc;R ffl. ¢1'{@..;q itft fdcmur: 3f) ;,lt-1:,, 1('13ITTIM, ~- ~- QT<'1'ER

.ft)w.\i,~~~-~-~ qs:,~f<:5<ll1ulqo5, ~ 'li:,o o\il.

3fllltl1l ~ ,3qci,q..;qjui1 ~ ~ @elle541Jlu'i ~:

~~(~)~ ~ ~ (~) ~ (~) GI ~ ~ ~ i3'Cli'n'1 ~ ~ • ~ ~ ~ :m'qif;,r '<1<!f{ ffl 3lTfilr 3fffl Wl5R m 3lTfilr ~ <lft2TT ~ ~ ~ ffl, ~ ~-'l'<j._il'<◄ IGil'I ~~~ ~ ~ ~ (1(Cn.\t3!l<l1((')) ~ ~ ~ ~ ~ 3lTfilr {-<nte5 www.futurebazaar.com ~ ffl-~ ffi$rr ~ ~ ~ ~ {-~ ~ ~ w f.iii'fclt ~ 3llofr ~-~ t-llnll''tf !l.q,l\{iffl'< ~ ~ {-ffl"ff ~'ihl'<i;cfq'< ~ (1(4$ft3!l<l1((')) ~ <'ffiq ~ ~ 3nmfur 3lTfilr ~ ~ '1To51uTT ffi1'<IT ~ WU!

ffl 3lTfilr ~ ~ p 'CfGl'f ffl ~, ~ llIT ~ • ~-qijj'@'3R~

~ gxc@f, ~ '34ffl 3llfilr ~ ~ llIT ~ 3TT4c?T

~ lfi0"1T ~ q1ff m3f'< ~ (~) ~ ~3llofr~. 3ITTtlffl ffl'q-~ ~ 31'f\tFffi mq ~ ~ (~) ~ -s~tiqw-ft ~ ~ ~ ~ 3lTfilr ~ ci,q.fi.,.ft 1(qj ~ ~ ~ 3lTfilr 31'f\tFffi ~ fcrcRurfcrr '&!cffiTl[ qj'{cf.

~t~~~ ~{~~~(~)~~~~~ 3lTfilr 3fl<ltt '{'[Wf ~ 'qj]lj'q5Fif 3lTfilr ~ <IRl1cft WIT i::rc::R ~ 'qj]lf qj'{cf _

~ 11-cf~s1<11$i•1 ifus fflffl>T i:ftc!lt ~ ~ 11,h1,i@i,1 ~ mffliT ~-~ (qq,q11qwflqe5) ~. tfiffi, ¢3f'< 3lTfilr ~ ~ ~ <11"11xi16<K1 ~ 'qj]lf

~ ~ ~ ci,q.fi.,.ft ~ ~ ;,qcj;q;f\ ~-

~~~~ ~~~~ (~) ~ ~ ~ ;,qcj;q;f\ ~ 3lTfilr cft wt ~ ~ q WIT<fr ~- fctwr, 3Wllcl, f.mkr, gxc@T, c!Jlq'R, c!lcfITT'{ ~ 'qj]lf qffif_

tt. ~ ~ ~ ~:

~ fflf<2IT ~'<ll~d1'<\11M1 q "lflic;~ 'lft ~ ~.~~.~fl~~ 'qj]lj'q5Fif qJ'i:,<11'<1", ~ ~ <l'RT 'lit. ~~ ~"<RT, ~ ~ 3lTfilr ~3TT ~ ~ qj'{<'IT<1"_ ~ ~ ~ ~ ~ ~ ~-

t ~ ~. 'C@, ~ 3lTfilr clfcR'lm:

~ "fl'q", ~. «rcm1<I" 3Tlfflr '!lamrq.r: Q'fil

~~-~- ;;i)m; 3!U[llfq~~~. i:@c "f. \i 1(, '<l'tm ""1fe5T, ~ 00, 6T. t l11ffll ,rr;;ft ffi 3lTfilr 3IJfflq,- 'ffi'(')]llR; ~. <!w!\ 'TTcliT, <!w!\, ~ - ',ioo o9l tt3!]'lflff: 0,90~'1\io

~~ffl'<'fhrfi; ~llf 3lTfilr ~ ~; \ioi:,, ;,ftq., ~. 'TT'fcf ~ ~. 'l'e5<IR fu;5, ~ ~; tt3!]'lflff: 0000'1(9\io - \/00 001:,

~~fhrft; ~~; ~; i:@c "f. ~i:,o~, fcrctfw cl'fffi, .ft~. 1(t1 ;,ft 'TT'i, tt3!]'lflff: oooo'll,\9 WJj<[ ~. J:fi:,T(')a-:!t, tj,rn - \/00 09 9

~awiqsrl1wM~; ~~ m, 'qjJlf{ 'ffc. TTT<'1T ~ ~ 'I \i ~09 TTT<'1T ~ ~; 'ffi'(')]llR, tt3!]'lflff: o C 'l ~ 'loo 9 ~ ~ 1(t1.

-'lft1!cft~~~; ~ ~ ~; 00 tt3!]'lflff: 000,09 ~o

"1t ,009/,, ~ ~. ~ ~ '16, l'Jitft-,lf{, ~ (~), ~ - \/00 0'19

~~fl'ill"J'qffl; ~ ~ ~; 'ffi'(')]l']R, 9\/~/.ft, ~ qjf_'if_t1T,~ .• tJR,ft ~-~ tt3!]'lflff: ooo,q,c,c (~). ~ - \/00 0'10

~~~"<Rt;~~ q ~ fulm 9lo9, ~ 00, ~ ~ ~ <'flTcl, ~; tt3!]'lflff: oooll\i'-19 'l!fllTol1lT ~ ~ Gjqo5, ~ (tgf),

~ - ',ioo oi:,i:,

1('h ~ ~ ~ ci,q.ft ~ ~ ~ ~ 1(qj ci,q.ft ~ ~ ~ ~~ tFiffi J'fRJFct1' q ~ q ~ ~ ~ 3lTfilr c!JTq'R qffif _

~ ~ tiRaT<1' 'l<'fi;r ~3['{ ~. 3lTfilr ¥1 ~ ~ ffl 3lTfilr fcwITToo '&!cffiTl[ q,,{lJjRTT ~ 3fffl ~~ fcwITToo ~l'.JTWl'ffi~zylll!T~cITT~~-61Nt1lllltlll ~ ~ ~ tFiffi ~ ~ ~ ~ "fl11ll:[ mur. ~ ~ trram >i"'llU1RI ~ ~ (')lT]llJ, 'l'[o1:[

~ ~-~. 3ffiUI ~~.-d1ui1 ~~ 1(qjfq ~ JITi:,qjTq"{

~ ~ (')lT]1lJ 3lTfilr ii@~- <l'ff.lT ~~ ~-~. <lT GiT'<l1>fi q,,fi ~ 3lTfilr 3fffl ~ ~ ;,i'i'<l14l41{t1 ~ ~ ~ '{'[Wf ~. gtR fctfm.i '341lll.i~"1'1i-ql ~ 1);e5'[ ~- ml' l'Jcft;r ~ RJq; x-iqf1lo1.11ti1ol ~ajj-~ ~ ~3f'< ~ ~ 3lTfilr ~ o1Jqtil<lltlll <l~ 3lffi<lqj ~I 'ijj5q(')lt1lo0 i ci,~ ~<RR~~-~ f<ltli<'lli<1~'1<1x ~ fctq,ffi 3!1fu1 <-ii'le5iiiillq □ftui1 ~WIT~ f<l~lklliii~iix ~3llfilrcfttlp~<RR ~-~.~ 3fl~<IR,q, o1Jqtil<llt1IJI ~ ~ 4'xR ~ ~-

~ fct~cfffi ~ -qft >Wl', ~ fcwITToo o1Jqtil<lltlll

fcr'lFnclte5 ~ >Wl', • 3lTfilr ~ oo ~ '{'[Wf •-~ ~ ~uj o1Jqt111.11"'11 ~ 3llfilr fuR ~ ~ ~ ~ tTTo<loo ~ 3lTfilr ~ <'ll'f(')[ m: ~ ~ tTTo<loo ~- ~. ci,q.fi ~ 3lTfilr ~ q'{ ~ ~ ~ >l"'!l111RI <ll"1'ffl "li-sqM14'x"I ~ ~- cRfe5 ~- · fclf<m ~ ~ M 3!1% ~ ~ ~ o1:fcffil<IT<1" ffl'«1 ~ 3lTfilr ~ Wi:,T Wi:,T <'lll Pl1aq11~ti1d'I '<1<!R ~ ~ ~ llIT ~ 3IJfflq,- e5J'll ~- ~ffiuTT ~ ~ e5fq'<1'] m'f = 3lTfilr Cf m><I' J:fW!i" f<1o50,i 1@[email protected] f<lfcm <lc'Jfif1R ~ , ~M'!),~-ql 'liT<lGT ~ ~ fcr-ITT@ '8;U<lT<1' 3f@(')[ ~ 3lTfilr Wi:,T ~ ~ '<'I.ITdt ~ "l1G '8;U<lT<1' $.

;,ft, ~ ai:r~. ~ ~ '(cfqjll, ~ cf5T(')fqtjt 3lTfilr cf<PTT'f ~. <l'ff.lT ~~ ~-(i) iltnf.rcl; ~ - cITTift ~ (ii) ~ 3lTfilr <'l.l1cRTe5 o1lT"1 - ~ (iii)~~ fci,crr fulm ~ q;;;f 3lTfilr <'l.llcRTe5 &l'F3! - cITTift ~

\i) '3'llR1l<lT<1' v;unft ~ cRl(') ~ "f. < (tt) (9) '1W: "f% ~ ~I 4'{qH•fll<l'<1 ~ ~ '(cfqjll 3lTfilr ~ 9' ~ '{'[UTT ci,q.fi ~ ~ ~ 'lo. 1900 c6)-ift ~ ~ ~ ~ ~ '{q'qjJf ~ '3'l!R1RlfciT 'WRfTq 3q"c[ .

~ 9, ~ 3lT<1" lffiWi6 ~ ~ '(cfq,ll ~ 9 'lftt ,o,o

'*'1 iii". i:, . \i ~ cfflit.

t ~ '31llxLI1.11"'11 3Jtt

mGiifl ~mG!ifl ~ mGiifl cf5T(')fqtjt 9 cf'! I < cf'! I ~ cf'! 9 cf'! I < cf'! I ~ cf'! fcl;l'!R5q vii.90,000/- 3fTJOJ 3fl'Q'qj" '(cfqjll

vii. 9000 / - uiT i:iita' 3ffl. ~-vii. 90,000/- 3fTJOJ 3fl'Q'qj" '(cfqjll

vii. 9000 /- uiT i:iita' 3ffl. ~-

~ 'QO<lfo1lT ~ ~ G:.'ffi. I G.'ffi. I G.'ffi. G.'ffi. I G.'ffi. I G.'ffi. '1.90% '1.i:,0% 9o. 90% '1.00% '1.'10% 90.00%

&l'F3[~~ ~ == ~ GXFl' m, ~ ~ :;;~,~,-,~" ~ ~ o1ll"1" ~ ~ fcljqJ ~

fflT ~ ~ ~ ~ ~ ~ ¢111¢1"11"'11 ~

~~ ~ ~ ~ qi111qi1u11ui1 ~ ~ m. ~•-

~ ("lJTlt!Rc!j), ~ q,i:\'q'R\, ~ 17'11w, ~ ~ ~ ~~~~o;, <;.'ffi. o.,'1% <;.'ffi. o.,'1% ~ ifl"1R tjffqjc cfti5<1", ~ ~ ~ ~ 3fftlq; o1ll"1" (~ 't<'114>1'{0<11"'11 ~ ~ ~ ~-). ~ ~ 3lTfilr lffiWi6 ~ o1lT"1 3lTfilr ~ '(cfqjll ::&~ "llcf 3[ffi(')T ~ lliuiT ~ ~ '9T<'llT<1" ~/e)c: ~/ /~~WIT~$.

1('h ~ ~ ~ ~ 3lTfilr ffl ~ 3!lfur ffl'o1lT ~ 5clT Wcf>R(')_ ~ ~ ~ 1lfffl'q; fci,crr ~ ~ ~ ~ ( ~) f.R:rr, M\i i:itite5 cfie5'l" \/( 9) 3!lfur \i (<) ~ ~~G~>ffi'fffl 3ffi<1T ffl cffl<lG[, ,09~ i:nl1e5 cfie5'l" (9~ (,) (1() cfie5'l" \91:, ~

~~- ~ cft "1Rt ~ 3!1% 3!lfur ~ f.r.itlq, ~ cft "'1G'< ~ ~ ~o ~ cft ~ ~ 3!lfur ~ ~I W-ll'<il41'!tJ i:, ~ ~ fflT ~qtf ,o9'1-,o,o ffl'o1lT 3f1lWft ~ ~ ~. ~ ~ • ~ ~ cft m. m.

;,ft, ~Gj"!]~'qjRU[WciT. ffl'o1lT ~ 3!lfur ~ t1l"lRI ~ 4'1114'1"11t1ld1 'IJisq(;jt fflj;-ft' 'RGi ~ ~ M i3'1!RUT.

1(<{, ~ ~ ~ -~~~"llcf: ~~e\Irafu~~ • ~ <lclT: ~ 1('h1(q, 3TT'3cel_qj" f'l'TeTq_

• ~ ~ Jru: '3T,'q" "l,xlfil, ~ q,,fi ~ ~ . ~ ~ ~ ,c~,o,o

311<! 5clt~~'<1<1R ~~~~~-~ fflT '<1<IR qj'{UllR'f ~ -q'];;j-qr~~- - ~.

~- W1']e5q,", W@clj fflT ~ ~ ~ 'Rl'lw:r ~ ~. t:filffi" Cf~~ Cf~~ ~ ~ aim ~ ~ 3lTfilr '<'llffi ~ ~. ~. ~ '1'fllftq,-, t:f'T'R l!4" ~ mlcn fflT ~ 'lj\fcrq, cffi'.l'R ~ mJlllfqT ~- '3G[. ~ o;, ~ <IT"1R ~ cf('),[,

~ 3!1% 'qjf 3!Tfur ~ ~ ~ ~ cf(')o[, <l'RT ~<l 61llulc;xl~<1¢1-q 3lTfilr ~ (f'{ ~ 3llfilr ~ ~ ~ aim llIT ~ ~~~~ ~ 3lftlq;-~ o.,'1% 3lftlq;-~~ ••

1(. ~'{qqj'! (,'I~. ,o,o uiT '&!cffiTl[ ~ ~)

iii". ~'1'1-~C cnTit (f.rccroo).

.ft. ~4'1x01:ll'<fl~ 99 ~ ,09~ 1lRf'I

.ft. ~ ~ '{cfqjl'f (f.rccroo) (,'I ~- ,o,o uiT '&!cffiTl[

~~)

iii". ~~'1-~l cnTit (f.rccroo).

tr. o1ll"1" G'[ '1.00 Cf 9o. 90 'o1lT qj,ffq; ~ 3!lfur *o.,'1% ~ q'{ ~ ~

t ~ ~ ~ (,~i <~,\9C'I. ,o,o 'o1lT o1lcffill:I ~ )

\l'<i ~~.~~ 3!lfur ~ o1ll"1" "R<1'FiT, "1X

ffill~

~- ~ 'ffi9'll, '{cfqjl'f

3!lfur ~ ~ cl'{

;;ft_ ~ "1"lT ~ o1ll"1"ft!t ffill ~ 5q0lc;l'<i""R'I ~ ~

1(. ~ fflT ~ "1Rt ~ ~ <11<16<11<1' cfR ~ ~ ~ • ~ ~ "l'fil": ( ~ ~ :!'<'!R mlco f.l',q,,t t1lG'[ qj'{UllR'f 3fWi 3$,) (~ cnlit)

~ JTTffl<i; q,f '?O'l<:-qq, JTTffl<i; cflf '?O q(9-ql 3TTffiq; cflf ,oq1;,-q19 'ERIRT q ~ "f'hT \9\99.li~ i:,l9'1.l9i:, i:,\91:,.\9'1 cr,:;rr: 'ERIRT (9f.Q, 9Q f.Ql_\io E33,9Q "f'hT I (fficl) '1!ixQcl ,.,\/ ( 9l.i:,\i) \/~.'Ii:, "fin!/ (fficll ~m ,\i_o, (9<,9~) \/~.'Ii:,

.ft. '{'[<';'{ cft;, ~ ~ ~ ~ ~ o,NT~

~ '?Oq<:-q~ '?0'119-qc '?Oq -q(9

~ lffiffiin ~ lffiR, in ~ lffiR, in (~-q) (~-'I) (~-q)

'lo. I % '{ii_ I % 'lo. I % vii. I % 'lo. I % 'lo. I % (')]'IJT~ - I - - - - I - - I - o.~o 90,00 o.,\i I 9,.oo

• '!ll1te5 cft;, ~ o1lT"1 ~ ~ ( qj'{ 3lftlq;- o1lT"1 ~ fci,crr o1lT"1 ~ 00 "f'hT) (~ cnlit)

<ltllffi'l" l'?oq<:-9~ l'?oq19-q<:l,oq1;,-9191 o1ll"1" ~ ~ cqj'{ 3fftlq; o1ll"1" ~ fflT o1ll"1" ~ '1'<l1' "l'fil") I '-~~ I ,_,o I '-~~

'RT. 1lfffl'q; fci,crr ~ ~ qj'{1llJl'i'ZIT ~ Wf-q" cft;, ~ ~ ~ ~ ~ t1Rm: ($; ~ ~ ~ ~ ~ ~) (~ cnlit) ~ ~q 'IT'ff '?Oqq, "<l'Glt-mR ~'I 'IT'ff '?O'IC "<l'Glt-mR ~'1'1Ti'f'?Oql9"<l'Glt-ffll"< "llo5"@T

~-mMl'.JTWl'ffi 'l,~9o.,l C,'l~\i.l'I \9,'li:,'l.'19

~l'.JTWl'ffi ,,l9'1'1.~9 <,~i:,\9.C\9 ,,,i:,l9.'19

~~ 'l'?,Of,'l,'-1'1 qo,~o,.19'? qo,~n.o,

~anfar~ ~ ~.~'ll.« ~.'190.1:,~ ~,lo'l.lo

~~~ i:..'1~'1-1'., '-1,~lio.,\i 'l,\/1',i:,.,'I

~~ 9,'19 9.\9'1 9,o'l9.C'I ~'li:,.'li:, ~ ~ 3Tlfflr~ 'l'?,Of,'l,'l'I qo,~o'?.19'? qo,'?H,O'?

tt. 1lfffl'q; fW<rr ~ ~ ~ =: cft;, ~ ~ ~ ffrcRur ($;~~~~~fulm ) (~ cnlit) ~ ~q 'IT'ff '?0'1~ "ltGlt ~q'IT'ff'?oqc"<l'G!t ~q 'IT'ff '?Oql9"<l'G!t

'jt1'R~cflf 'jt1'R~cflf 'jt1'R~cflf ~ q,,-,.,,1v1l\ilX '{Rg<1'-qT llcfl1, 9,oll.'I, li:,,.~\i l9l9.l9\i W,q'!),cn9ui1 4'1114'1"11\il~ xRscf-q'[ llcfl1, (9, ,\99.,o) (9,o~~-l9C) (i:,i:,~.i:,\9) fc@t,i ¢111¢1"11\il~ ~ llcfl1, 9\9\9.\9\i 9'1i:,.l9'1 (9\io.\i'-1) ~ ~ <TIGi'7T - - -oo 3lTfilr oo cfffi'l" ~ f.rccro5 ('Qc) /~ (\/.~\/) (9\/.i:,'I) C«-~l) oo3llfilroocfffi'l" c~fficfi) 9'1.'-li:, ~\/.,'-I 'li:,.i:,~ oo 3lTfilr oo cfffi'l" C a&r<l fficfi) 9\/.i:,, 9~.'li:, ~\/.,'I

t lfl'im cfR ~ ~ ~ 09 ~ ,091:, ~ ~ ~ 'IT'fqj" ("$; ~").,.ft-~ ~ ~<l'<';e5 3!ifur <iil1e5<1"11qUfl ,'.\,-el)- 3Rf! '<'I.ITdt J::ffitft ~ o9 ~ ,o9'1 ~-~ "l'fil" 3!Tfur ~ ~ ~ ,o 9 G- 9\9 ~ ~. ci,q.fi cf>fllGT, ,o9 ~ ~ ~ cf><i5'f 9~ ~ 3f<11@' ~ ~ $; ~ ~ 3lTfilr <'1.11 3f<11@' ~

~ ~ ~ ~ 3lTfilr ~ ~ ~ ~ ~ "lRRITTIT'<1" ~ d 3lTfilr ~ oo 3Rf<1T ~ '<1<!f{~3fm~.

'1- 'ff-q l<'l<l>i5ll'<I ~ CIRO<IT<1" ~ ~-qft -

1(. ~ ~ <iil1e5<1'1!1q □ft ,'.\,-el)-~ WclT "fcN t<-ftq,l'{o5c,-lll W ~ ~ <ITilcfta WclT <'l.l1cRTe5 61lT"1 ~ <ITilcfta ~ ~ ~ ~-

.ft. <i;q;ft-m '&!cffiTl[ 3lTfilr "lfcta'o1:f 'l:J1<ll<lcfu, ~ J:f6o5ffl ~ ~ ~ ~ 3lTfilr ~ ~ ~ ~ ~ c'll'ffi 3ffi 'lei ~ -qft Wi:,T Wi:,T ~ f.l'i:nur ~ ~ Cf ~ qj'{U<lffi ci,q.ft '{'[Wf 3ffi'e5 3lTfilr 1lfffl'q; fci,crr ~ ~ ~ ~ ci,q.fi 1(qj ~ ~ ci,q.fi ~ ol'1lJIR ~;

'? -acr 'llrul'filT ~ 'Rt. ~ cf>fllGT 3lTfilr <'1.11 3f<11@' '<1<!f{ ~ ~ qJWf ~ ~;

~1(-. ~~--'16_o5_1~-o'{fq--~-ef,-c,-ll-ltft~,-'l-<li-~q-l,ij-,-o-,-o ------------~ tt. ~ 3lTfilr ~ qJWJ ef,c,-llffi <'llTc/T Jru ~ ~ W lffiWi6 ~ wfl ~ "1lcf ~-

~ t 31fuf.!11.1111ui1 ~~ ci,q.fi4 t<-ftq,l'{o5c,-lll 6~ lffiWi6 M ~- (~ ~ ~ ~ ~ ~ l'-::-.1t~_t-::3f::ffl;;-"~;;::;;:;-::3l;:;:;l'1;::;;:~a:::;--:;ffl~3l:::;;fu;;:;:cp::a:;--Tiq);:;:+c:;::<>1;-:l1:;:::<1;:;;q~~efji:=li:;;l~;--:o'{fq;::;;:-,---::v'-1:::;;::ltl:-:I f.'lp;:q,::l::::(')--;;,:;;--'l-.==;~;::;:;'9:;;::<1,:-:,:::o-;;-9l:-~~--;:ElM;W;;::::1a;--"1 =-2 ~. ~ <fRIRIKT $, '<l:!ffi ~ ~ $ ~ ~ ~ i.;llii,-1i{II {@lq xm<'ff

qj'{UJffi o'{fq ~ 'fl'l'lcf ~ 3fT(')[_). o'{fq ~ ~ crRt@ 1('h. ~ ~ cITTift fctqfur <IGe5" ~. ~ ~ ~ ~ lR<1" ~ m.ft ~ ~-

1-'Rt-_+--5-c\\-q-l-~'-'---¼,-Ol"1-~---qft----1-~-------------------1 ;,ft_ =;q"['CR ~ ~ ~ WciT ffl "11feixlcfttlll ~ ~ "f% ~ ~mt1Tcft 1);e5'[

~ ------~-_;;-::;-------+------=--±--=+..-=-=-=------------< -c,:r. ~ t<-ftqi1xo'\c,-1.11 ~ (~ ~- 3Rf<'!lfff, ~ ~ ~ ~ -..~) ~ ~ 3lTfilr tt. 9) 4'1<lWjt11'< ~ <'l.ll 3f<11@' ~9 'lftT ,o9~ ~I <11o1i~Glj@ ~ ~ ~ ~ ~ ~-

'<1<!R ~ ~ ~ crq ~ ~ ci,q.fi '3'l'fRi> ~ ~ f,. ~: '(cfqjll 'IRLIIT ~ ~ ~ 9o% 3lTfilr ~ iii". ~i:,~ cnTit ~~~~<ill, ;,i1fe,x1dlui1 ~ 'lfffi'q; ci,q.fi ~ ~ GRll8 ffl <lTtlT aru ~ fci,crr

,n"t 1¾cf ~~Cf~~~ 3lt1T 'ITTcf ~-~ a-ell t<-ftqii.01.11<1 ;;i/['c,-lll ~ 3fffl ~ 5'q ~ ~ · ,'1% 3lTfilr <'llT'o1TT iii". ~ol '{'[~ W<IT ;,i1fe!x1cftui1 ~ ~ ~ ~ W<IT o1l'q'\i" ~'lei~~ <ll<fl ~ W<IT ~

1¾cl 'fRqjf{ ~ Gi<ITilGRt t<-ftcnm! -- 5q ~ ~ ~ ~ m><I' ~ urrclt. 1---l---------...j.!::::::::::::::::=============='Q=.=9=,'=(99=:::::!..l ~ ~ fflf<2IT ~ 3lTfilr <'llT'o1lT ~ ~ 1lfffl'q; ~ ~ 3llo5 ~. mc1te5 ~ ~ '16o5R

<'llT'o1lT ~ <'I ~ ,o,o ~ ~ ffl ~ 1);e5'[ ~ 3lTfilr <'llT'o1TT ,rc!m-~ <ls<11~ ~ ffillRI M ~ ci,q.ft f.'r.it.rcn, ~. ~ ~ <f GRll8 ~ 3lm ~-

,) ~9 'lftt ,09~ ~ ~ ~ J:r<'ll"llf ~ ~) 1lfffl'q; fci,crr ~ ~ ~ ~ ~ ~ J:r<'ll"llf ~ (,~ ~- ,o,o uiT '&!cffiTl[ ~ ~)

~ ~ ~f!R

~~~"<Rt ~ ~ 3lTfilr ~ fulm ~