Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 8

GOVERNMENT AND OTHER APPROVALS

Our business requires various approvals, licenses, registrations and permits issued by
relevant Central and State regulatory authorities under various rules and regulations. For
details, please refer to the chapter titled “Key Industry Regulations and Policies” beginning
on page [] of this Draft Prospectus.

Our Company has received the necessary licenses, permissions and approvals from the
Central and State Governments and other government agencies/ regulatory authorities
/certification bodies required to undertake the Issue or continue our business activities. In
view of the approvals listed below, we can undertake the Issue and our current/ proposed
business activities and no further major approvals from any governmental /regulatory
authority or any other entity are required to be undertaken, in respect of the Issue or to
continue our business activities. It must, however, be distinctly understood that in granting
the above approvals, the Government of India and other authorities do not take any
responsibility for the financial soundness of the Company or for the correctness of any of the
statements or any commitments made or opinions expressed in this behalf.

The main objects clause of the Memorandum of Association of the Company and the objects
incidental, enable our Company to carry out its activities. Our Company is engaged in
business of manufacturing, processing, refining, buying, selling, exporting, importing,
trading & otherwise dealing in castor oil, castor oil derivatives, edible and non-edible oils,
oilseeds, oil cakes, kernels and by-products which require various approvals and / or licenses
under various laws, rules and regulations.

The Company has got following licenses/registrations/approvals/consents/permissions from


the Government and various other Government agencies required for its present business.

I. APPROVALS FOR THE ISSUE

The following approvals have been obtained or will be obtained in connection with the issue:

1. Our Board of Directors have, pursuant to a resolution passed in its meeting held on June 01,
2023 authorized the Issue subject to approval of the shareholders of our Company under
Section 62(1)(c) of the Companies Act, 2013

2. The shareholders of our Company have, pursuant to a special resolution passed in the
Extraordinary general meeting of our Company held on June 26, 2023 authorized the Offer
under Section 62(1)(c) of the Companies Act, 2013;
3. Our Company shall obtain in-principle approval from the stock exchange for the listing of
our Equity Shares pursuant to letter dated [], 2023 bearing reference no. [].

II. CORPORATE APPROVALS

a. Certificate of Incorporation dated June 13, 2018 issued to our Company by the Registrar of
Companies, Gujarat in the name of the “Hindprakash Castor Derivatives Private Limited”

b. Fresh Certificate of Incorporation dated January 20, 2022 issued pursuant to the change in
the name of the Company to “Ardent Castor Derivatives Private Limited” by the Registrar
of Companies, Ahmedabad, Gujarat.

c. Fresh Certificate of Incorporation dated February 15, 2022 issued pursuant to the change in
the name of Company to “Rajgor Castor Derivatives Private Limited” by the Registrar of
Companies, Ahmedabad, Gujarat.

d. Fresh Certificate of Incorporation dated July 5, 2022 issued pursuant to conversion from
Private Company to Public Company to “Rajgor Castor Derivatives Limited” by the
Registrar of Companies, Ahmedabad, Gujarat.

III. AGREEMENTS WITH NSDL AND CDSL

a. The Company has entered into an agreement dated January 30, 2020, with the Central
Depositories Services (India) Limited (“CDSL’) and the Registrar and Transfer Agent, who
in this case is Link lntime India Private Limited for the dematerialization of its shares.

b. The Company has entered into an agreement dated December 30, 2019 with the National
Securities Depository Limited (“NSDL”) and the Registrar and Transfer Agent, who in this
case is Link lntime India Private Limited for the dematerialization of its shares.

c. The Company’s International Securities Identification Number (“ISIN”) is INE0BZQ01011.

IV. TAX RELATED APPROVALS

Sr. Description Authority Registration No. Date of Date of


No. /License No./ Issue Expiry
Certificate No.

1 Permanent Income Tax AAECH5715Q June 13, Valid until


Account Number Department, 2018 cancel

(PAN)
Government

of India

2 Tax Deduction Income Tax AHMH06494F July 22, Valid until


Account Number Department, 2022 cancel

Government

of India

3 GST Registration Government 24AAECH5715Q1Z8 August Not


Certificate of India Applicable
17,2022

4 Certificate of Amdavad PRC010676000963 April 13, -


Registration (RC) Municipal 2023
under section 5 Corporation
of the Gujarat (Profession
State on Tax
Profession, Trade, Department)
calling and
Employments
Act, 1976)

5 Enrolment Profession PEC010676003242 April 13, -


Certificate under Tax 2023
Gujarat State on Department
Profession, Trade,
calling and
Employments
Act, 1976)

5 Importer - Ministry of AAECH5715Q August 22, -


Exporter Code Commerce 2022
and Industry,
Directorate
General of
Foreign Trade

V. BUSINESS AND LABOUR RELATED APPROVALS/REGISTRATION/


CERTIFICATES

Our Company requires various other approvals to carry on our business in India. Some of
these may expire in the ordinary course of business and applications for renewal of these
approvals will be submitted in accordance with applicable procedures and requirements as
and when required.

C Description Authority Registration No. Date of Date of


/License No./ Issue Expiry
Certificate No.

1 Registration Amdavad PI/GRDW/4000986/ April 13, -


Certificate under Municipal 0276490 2023
Gujarat Shops Corporation (GURUDWARA)
(Shops and
and
Establishment
Establishments
Department)
Act, 2019

2 Udyam Ministry of UDYAM-GJ-01- November -


Registration Micro, Small & 0114064 16, 2021
Certificate Medium
Enterprises

3 Legal Entity Legal Entity 335800BS64WWR8 - September


Identifier Code Identifier H9H844 28, 2023
India Limited

4 PESO license Ministry of P/HQ/GJ/15/5327 May 26, December


Commerce (P326291) 2023 31, 2023
and Industry

5 Certificate of United Global FDA-RCDL-2022- December December


Compliance Accreditation
(Food & Drug Council, USA 0480 07, 2022 06, 2025
Administration)

6 Certificate of United Global GMP-RCDL-2022- December December


Compliance Accreditation 0485 07, 2022 06, 2025
[Good Council, USA
Manufacturing
Practice (GMP)]

7 Certificate of United Global HALAL-RCDL-2022 December December


Compliance Accreditation -0468 07, 2022 06, 2025
(HALAL) Council, USA

8 Certificate of United Global ORG-RCDL-2022- December December


Compliance Accreditation 0491 07, 2022 06, 2025
(Certified Council, USA
Organic)

9 Certificate Of Otabu 1207F156522 December December


Registration: Certification 07, 2022 06, 2025
Food Safety Private
Management Limited
System (ISO
22000:2018)

10 Certificate Of Otabu 1207Q156422 December December


Registration: Certification 07, 2022 06, 2025
Quality Private
Management Limited
System (ISO
9001:2015)

11 Certificate for Abhayam Fire - December December


Refilling fire & Safety 05, 2022 04, 2023
extinguisher Equipment
12 General National 300700112210001069 January 18, January 17,
Insurance 2023 2024
Insurance
(National Bharat Company
Limited
Laghu Udayam
Suraksha)

Digit Employees Digit General D102059035 May 23, May 12,


13 Compensation Insurance 2023 2024
Insurance Policy Limited

14 Licence to Ministry of P/HQ/GJ/15/5327 May 26, December


import and store Commerce & 2023 31, 2023
(P326291)
petroleum in an Industry,
installation Petroleum &
Explosives
Safety
Organisations

15 Solvent License District 2/2023 June 09, December


Magistrate 2023 31, 2023

16 General ICICI July 26, July 27,


1016/299643862/00
Insurance /000 2023 2024
Lombard
(ICICI Bharat General
Sookshma Insurance
Udyam Company
Suraksha Limited
Policy)

VI. INTELLECTUAL PROPERTY APPROVAL

As on the date of this Draft Prospectus, the Company has the following Trademark pending
applications:
Sr. Brand Name/ Class Nature of *Applican Application Status
No Logo Trademark t No. & Date

Trademark

1. 22 Device Rajgor 5726826 & Marked for


Agro 19/12/2022 Exam
Limited

2 23 Device Rajgor 5726632 & Marked for


Agro 18/12/2022 Exam
Limited

3 24 Device Rajgor 5726633 & Marked for


Agro 18/12/2022 Exam
Limited

4 29 Device Rajgor 5726634 & Marked for


Agro 18/12/2022 Exam
Limited

5 31 Device Rajgor 5726635 & Marked for


Agro 18/12/2022 Exam
Limited

*Noted: Unregistered trademark agreement was executed between M/s. Rajgor Agro Limited
(Assignor) and M/s. Rajgor Castor Derivatives Limited (Assignee) on July 12, 2023 whereby
Assignee is now allowed to use the above unregistered device mark for any goods or services
provided by the Assignee which is related to Agro business activities.

VII. KEY APPROVALS THAT HAVE EXPIRED AND FOR WHICH RENEWAL
APPLICATIONS HAVE BEEN MADE:

There are no such key approvals which have expired and for which renewal applications
have been made as on the date of this Draft Prospectus.

VIII. KEY APPROVALS APPLIED FOR BY OUR COMPANY BUT NOT RECEIVED
There are no such key approvals applied for by our but not received as on the date of this
Draft Prospectus except as under that have been intimated by the Company, to the below
authorities consequent due to change in name of the Company from “Rajgor Castor
Derivatives Private Limited” to “Rajgor Castor Derivatives Limited”:

SN Details of License Authority to Date

(Name of Article) which application of Application

has been made

1 Provisional Consent Gujarat Pollution Control Board 05/05/2023

Order (CCA)

2 Factory License Directorate of Industrial Safety 29/03/2023

and Health, Mehsana Gujarat

State

3 Employees provident Employees’ Provident 30/05/2023

Fund Code Fund Organisation

4 No Objection Certificate Central Ground Water Authority 05/07/2023

for Ground Water

Abstraction

IX. KEY APPROVALS REQUIRED BUT NOT OBTAINED OR APPLIED FOR BY


OUR COMPANY

There are no such key approvals required but not obtained or applied for as on the date of
this draft prospectus.

You might also like