Q.Draft a letter of regret to be sent by the Company Secretary to an applicant to whom no shares could be allotted due to over-subscription, enclosing the refund of the application money.

A letter of regret must combine a courteous explanation of non-allotment with the actual refund, made within the statutory time limit.

VIDARBHA ENGINEERING LIMITED
Regd. Office: Plot No. 7, MIDC Hingna Road, Nagpur - 440 016
CIN: L28920MH2012PLC232156

Ref. No. VEL/CS/2025-26/167                                   Date: 18th September, 2025

To,
Mrs. Kavita R. Ingle
14, Laxmi Nagar,
Amravati - 444 601

Dear Madam,

Sub: Regret for Non-Allotment of Equity Shares

With reference to your application for 400 Equity Shares of Rs. 10 each of the Company, we regret to inform you that, owing to over-subscription of the issue, the Board of Directors has not been able to allot you any shares.

We are accordingly refunding the entire application money of Rs. 4,000 received from you, by way of the enclosed cheque bearing No. 220145 drawn on the Bank of Maharashtra, Nagpur Branch, in terms of Section 39(3) of the Companies Act, 2013, within the prescribed period of 15 days from the closure of the issue. …