As filed with  the Securities and Exchange Commission on August 2, 2012
Registration No. 333  -12002
 


SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

POST EFFECTIVE AMENDMENT NO. 1 TO FORM F-6
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933 FOR AMERICAN DEPOSITARY SHARES EVIDENCED BY
AMERICAN DEPOSITARY RECEIPTS

Rediff.com India Limited
(Exact name of issuer of deposited securities as specified in its charter)
[N/A]
(Translation of issuer’s name into English)

Republic of India
(Jurisdiction of incorporation or organization of issuer )

CITIBANK, N.A.
(Exact name of depositary as specified in its charter )

  399 Park Avenue
New York, New York  10043
(212) 816-6690
(Address, including zip code, and telephone number, including area code, of depositary’s principal executive offices)

CT Corporation System
111 Eighth Avenue
New York, New York 10011
212 894-8940
(Address, including zip code, and telephone number, including area code, of agent for service)

Copies to:
Eitan Tabak, Esq.
Morrison Cohen LLP
909 Third Avenue
New York, New York 10022
 
Herman H. Raspe, Esq.
Patterson Belknap Webb & Tyler LLP
1133 Avenue of the Americas
New York, New York 10036

 
It is proposed that this filing become effective under Rule 466:
 
o   immediately upon filing.
o   on (Date) at (Time).
 
 
If a separate registration statement has been filed to register the deposited shares, check the following box : o

The Registrant hereby amends this Post Effective Amendment No. 1 to Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Post Effective Amendment No. 1 to Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, or until this Post Effective Amendment No. 1 to Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.
 
 
 

 

This Post Effective Amendment No. 1 to Registration Statement on Form F-6 may be executed in any number of counterparts, each of which shall be deemed an original, and all of such counterparts together shall constitute one and the same instrument.
 
 
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PART I
 
INFORMATION REQUIRED IN PROSPECTUS
 
Cross Reference Sheet
 
Item 1.                 DESCRIPTION OF SECURITIES TO BE REGISTERED
 
Item Number and Caption
 
Location in Form of American
Depositary Receipt (“Receipt”)
Filed Herewith as Prospectus
         
1.
Name of Depositary and address of its principal executive office
 
Face of Receipt -  Introductory Article.
       
2.
Title of Receipts and identity of deposited securities
 
Face of Receipt   - Top Center.
       
Terms of Deposit:
   
     
 
(i)
The amount of deposited securities represented by one American Depositary Share ("ADSs")
 
Face of Receipt   - Upper right corner.
.
         
 
(ii)
The procedure for voting, if any, the deposited securities
 
Reverse of Receipt   - Paragraphs (16)
and (17).
         
 
(iii)
The collection and distribution of dividends
 
Reverse of Receipt - Paragraph (14).
         
 
(iv)
The transmission of notices, reports and proxy soliciting material
 
Face of Receipt   - Paragraph (13);
Reverse of Receipt - Paragraph (16).
         
 
(v)
The sale or exercise of rights
 
Reverse of Receipt – Paragraphs (14)
and (16).
         
 
(vi)
The deposit or sale of securities resulting from dividends, splits or plans of reorganization
 
Face of Receipt - Paragraphs (3) and (6);
Reverse of Receipt - Paragraphs (14) and (18).
         
 
(vii)
Amendment, extension or termination of the deposit agreement
 
Reverse of Receipt - Paragraphs (22) and (23) (no provision for extensions).
         
  (viii) 
Rights of holders of Receipts to inspect the transfer books of the Depositary and the list of holders of ADSs
 
Face of Receipt - Paragraph (13).
         
 
(ix)
Restrictions upon the right to deposit or withdraw the underlying securities
 
Face of Receipt – Paragraphs (2), (3), (4), (6), (7), (9) and (10).
 
 
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Item Number and Caption
 
Location in Form of American
Depositary Receipt (“Receipt”)
Filed Herewith as Prospectus
         
 
(x) 
Limitation upon the liability of the Depositary
 
Face of Receipt - Paragraph (7);
Reverse of Receipt - Paragraphs (19) and (20).
         
 
(xi)
Fees and charges which may be imposed directly  or indirectly on holders of ADSs
 
Face of Receipt - Paragraph (10).
         
 
(xii)
Fees and other direct or indirect payments made by the Depository to the issuer of the deposited shares
 
Face of Receipt - Paragraph (10).
         
Item 2. AVAILABLE INFORMATION  
Face of Receipt - Paragraph (13).
 
The Company is subject to the periodic reporting requirements of the Securities Exchange Act of 1934, as amended, and, accordingly, files certain reports with the United States Securities and Exchange Commission (the “Commission”).  These reports can be retrieved from the Commission’s website ( www.sec.gov ), and can be inspected by holders of ADSs and copied at public reference facilities maintained by the Commission located at 100 F Street, N.E., Washington D.C. 20549, and at the principal executive office of the depositary.
 
 
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PROSPECTUS
 
The Prospectus consists of the proposed form of American Depositary Receipt included as Exhibit A to the Form of Amendment No. 1 to Deposit Agreement filed as Exhibit (a)(i) to this Post Effective Amendment No. 1 to Registration Statement on Form F-6 and is incorporated herein by reference.
 
 
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PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
 
Item 3.                                 EXHIBITS
 
 
(a) (i) 
Form of Amendment No. 1 to Deposit Agreement, by and among Rediff.com India Limited, (the “Company”), Citibank, N.A., as depositary (the “Depositary”), and all Holders and Beneficial Owners of American Depositary Shares  issued thereunder (“Deposit Agreement”).  ___ Filed herewith as Exhibit (a)(i).
 
 
(a)(ii) 
Deposit Agreement, dated as of June 13, 2000, by and among the Company, the Depositary, and all Holders and Beneficial Owners of American Depositary Shares issued thereunder. ___ Filed herewith as Exhibit (a)(ii).

 
(a)(iii) 
Letter Agreement supplementing the Deposit Agreement, dated as of November 8, 2007, by and between the Company and the Depositary.  ___ Filed herewith as Exhibit (a)(iii).

 
(b) 
Any other agreement to which the Depositary is a party relating to the issuance of the American Depositary Shares registered hereunder or the custody of the deposited securities represented thereby.  ___   None.
 
 
(c) 
Every material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at any time within the last three years.  ___   None .
 
 
(d) 
Opinion of counsel for the Depositary as to the legality of the securities to be registered.  ___ previously filed.
 
 
(e) 
Certificate under Rule 466.  ___ None.
 
 
(f) 
Powers of Attorney for certain officers and directors and the authorized representative of the Company.  ___ Set forth on the signature pages hereto.
 
 
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Item 4.
 
UNDERTAKINGS
 
 
(a)
The Depositary undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders of ADSs, any reports and communications received from the issuer of the deposited securities which are both (1) received by the Depositary as the holder of the deposited securities, and (2) made generally available to the holders of the underlying securities by the issuer.
 
 
(b)
If the amount of fees charged is not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the amount of any fee charged and describing the service for which it is charged and to deliver promptly a copy of such fee schedule without charge to anyone upon request.  The Depositary undertakes to notify each registered holder of an ADS thirty (30) days before any change in the fee schedule.
 
 
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SIGNATURES
 
Pursuant to the requirements of the Securities Act of 1933, as amended, Citibank, N.A., acting solely on behalf of the legal entity created by the Deposit Agreement, dated as of June 13, 2000, by and among Rediff.com India Limited, Citibank, N.A., as depositary, and all Holders and Beneficial Owners from time to time of American Depositary Shares to be issued thereunder, as proposed to be amended by Amendment No. 1 to the Deposit Agreement, certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Post Effective Amendment No. 1 to Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on the 2nd day of August, 2012.
 
 
Legal entity created by the Deposit Agreement under which the American Depositary Shares registered hereunder are to be issued, each American Depositary Share representing one-half (1/2) of one equity share, par value Rs. 5 per share, of Rediff.com India Limited
 
CITIBANK, N.A., solely in its capacity as Depositary
 
     
       
 
By: 
/s/ Susan A. Lucanto  
   
Name: 
Susan A. Lucanto
 
   
Title:
Vice President
 
       
 
 
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SIGNATURES
 
Pursuant to the requirements of the Securities Act of 1933, as amended, Rediff.com India Limited certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Post Effective Amendment No. 1   to Registration Statement on Form F-6 to be signed on its behalf by the undersigned thereunto duly authorized, in  Mumbai, India, on August 2, 2012.
 
 
REDIFF.COM INDIA LIMITED
 
     
       
 
By:
/s/ Swasti Bhowmick  
    Name: Swasti Bhowmick  
   
Title: Chief Financial Officer
 
 
 
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POWERS OF ATTORNEY
 
KNOW ALL PERSONS BY THESE PRESENTS , that each person whose signature appears below constitutes and appoints each of Ajit Balakrishnan and Swasti Bhowmick to act as his/her true and lawful attorney-in-fact and agent, with full power of substitution, for him/her and in his/her name, place and stead, in any and all such capacities, to sign any and all amendments, including post-effective amendments, and supplements to this Registration Statement, and to file the same, with all exhibits thereto and other documents in connection therewith, with the United States Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as s/he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his/her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
 
Pursuant to the requirements of the Securities Act of 1933, as amended, this Post-Effective Amendment No. 1 to Registration Statement on Form F-6 has been signed by the following persons in the following capacities on August 2, 2012.
 
Signature
  Title
     
/s/ Ajit Balakrishnan
   
Ajit Balakrishnan
 
Chief Executive Officer
   
(Principal executive Officer)
     
/s/ Swasti Bhowmick
   
Swasti Bhowmick
 
Chief Financial Officer
   
(Principal Financial and Accounting
   
Officer)
/s/ Diwan Arun Nanda
   
Diwan Arun Nanda
 
Director
     
     
/s/ Sunil N. Phatarphekar
   
Sunil N. Phatarphekar
 
Director
     
     
/s/ Ashok Narasimhan
   
Ashok Narasimhan
 
Director
     
     
/s/ Sridar A. Iyengar
   
Sridar A. Iyengar
 
Director
     
     
/s/ Rashesh Shah
   
Rashesh Shah
 
Director
     
     
/s/ M. Madhavan Nambiar
   
M. Madhavan Nambiar
 
Director
     
Authorized
   
Representative in the U.S
   
     
/s/ Rajeev Bhambri    
Rajeev Bhambri    
 
 
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Index to Exhibits
 
Exhibit
Document
Sequentially
Numbered Page
     
(a)(i)
Form of Amendment No. 1 to  Deposit Agreement
 
(a)(ii)
Deposit Agreement
 
(a)(iii)
Letter Agreement dated as of November 8, 2007
 

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