Atul Ltd 2019-20

Corporate Overview Statutory Reports Financial Statements 01-21 22-91 92-228 124 Atul Ltd | Annual Report 2019-20 ( ` cr) Note 13 Equity share capital As at March 31, 2020 As at March 31, 2019 Authorised 8,00,00,000 (March 31, 2019: 8,00,00,000) equity shares of ` 10 each 80.00 80.00 80.00 80.00 Issued 2,96,91,780 (March 31, 2019: 2,96,91,780) equity shares of ` 10 each 29.69 29.69 29.69 29.69 Subscribed 2,96,61,733 (March 31, 2019: 2,96,61,733) equity shares of ` 10 each, fully paid 29.66 29.66 29,991 (March 31, 2019: 29,991) Add: Forfeited shares (amount paid-up) 0.02 0.02 29.68 29.68 a) Rights, preferences and restrictions: The Company has one class of shares referred to as equity shares having a par value of ` 10 each. i) Equity shares: I n the event of liquidation of the Company, the holders of equity shares will be entitled to receive any of the remaining assets of the Company, after distribution of all preferential amounts and preference shares, if any. The distribution will be in proportion to the number of equity shares held by the shareholders. Each holder of equity shares is entitled to one vote per share. ii) Dividend: T he Company declares and pays dividend in Indian rupees. The dividend proposed by the Board is subject to the approval of shareholders in the ensuing Annual General Meeting, except in case of interim dividend. b) Shares reserved for allotment at a later date: 56 equity shares are held in abeyance due to disputes at the time of earlier rights issues. c) Details of shareholders holding more than 5% of equity shares: No. Name of the shareholder As at March 31, 2020 As at March 31, 2019 Holding % Number of Shares Holding % Number of Shares 1 Aagam Holdings Pvt Ltd 22.42% 66,50,700 22.42% 66,50,700 2 Arvind Farms Pvt Ltd 9.43% 27,96,208 9.35% 27,72,642 3 HDFC Trustee Company Ltd 7.15% 21,21,942 6.01% 17,82,336 ( ` cr) Note 14 Other equity As at March 31, 2020 As at March 31, 2019 Summary of other equity balance a) Securities premium 34.66 34.66 b) General reserve 95.80 95.80 c) Retained earnings 2,513.20 2,025.94 d) Other reserves i) FVOCI equity instruments 398.68 462.69 ii) Effective portion of cash flow hedges (1.64) 0.79 3,040.70 2,619.88 Refer Standalone Statement of changes in equity for detailed movement in other equity balance.