The Promoters of the Company are Lake District and ESCL.
1. Lake District : Lake District has been incorporated under the Companies Act, 2001 of the Republic of Mauritius on January 25, 2016 as a private company limited by shares. Its registered office is situated at Suite 11, 1st Floor, Plot 42, Hotel Street, CyberCity 72201, Ebene, Mauritius.
Lake District holds a Category 1 Global Business license under the Financial Services Act, 2007 of the Republic of Mauritius and its principal activity is to directly and/ or indirectly invest in Indian companies. Lake District does not have investments in any entity other than the Company as on the date of this Red Herring Prospectus.
Lake District is promoted by Kedaara Capital I Limited (“Kedaara Capital”), which holds 69.11% of the equity shares of Lake District, as on the date of this Red Herring Prospectus. Kedaara Capital is regulated by the Financial Services Commission of Mauritius and is licensed to operate as a closed-end fund, categorized as a professional collective investment scheme. Other than Ontario Teachers’ Pension Plan Board (through Classroom Investments Inc.), no other person has contributed to 15% or more of the total funds of Kedaara Capital as on the date of the Red Herring Prospectus.
2. ESCL : ESCL has been constituted under the Companies Act, 2001 of the Republic of Mauritius on February 10, 2014 as a private company limited by shares. Its principal place of business is situated at Citco (Mauritius) Limited, 4th floor, Tower A, 1 Cybercity, Ebene, Mauritius.
ESCL holds a Category 1 Global Business license under the Financial Services Act, 2007 of the Republic of Mauritius and its principal activity is to operate as an investment holding company. ESCL does not have investments in any entity other than the Company as on the date of this Red Herring Prospectus. |