Atul Ltd 48 Annual Report 2023-24 Board of India (Depositories and Participants) Regulations, 2018, certificates were also received from the Company Secretary in practice for timely dematerialisation of the shares and for conducting the Secretarial Audit every quarter for reconciliation of the share capital of the Company. All the certificates were filed with the stock exchanges where the shares of the Company are listed. 8.14. Distribution of shareholding as on March 31, 2024 8.14.1 Shareholding-wise: Holding Shareholders Shares Numbers % of total Numbers % of total 1 - 10 38,393 55.88 1,49,665 0.51 11 - 50 18,888 27.49 4,90,636 1.67 51 - 100 5,067 7.37 3,93,873 1.34 101 - 500 4,889 7.12 10,97,922 3.73 501 - 1,000 735 1.07 5,33,272 1.81 1,001 - 2,000 307 0.45 4,40,950 1.50 2,001 - 3,000 110 0.16 2,71,499 0.92 3,001 - 4,000 60 0.09 2,16,414 0.73 4,001 - 5,000 42 0.06 1,94,414 0.66 5,001 - 10,000 84 0.12 5,91,374 2.01 10,001 and above 131 0.19 2,50,61,736 85.12 Total 68,706 100 2,94,41,755 100 8.14.2 Category-wise: Category Shares % of total shares Promoter group 1,32,98,278 45.17 Indian public 53,11,814 18.04 Mutual funds 49,89,070 16.95 Insurance companies 25,56,576 8.68 Foreign institutional investors 24,92,588 8.47 Bodies corporate 6,09,518 2.07 Non-resident Indians | other body corporates 1,67,953 0.57 Banks 15,622 0.05 State government 336 0.00 Total 2,94,41,755 100 8.15. Dematerialisation of shares and liquidity The paid-up share capital of the Company is held by the members as at March 31, 2024, as follows: 99.09% in electronic form and 0.91% in the physical form. 8.16. Outstanding American Depository Receipts | Global Depository Receipts | warrants or any convertible instruments, conversion date and their likely impact on equity The paid-up share capital of the Company comprises equity shares. It does not have any preference shares, outstanding American Depository Receipts, Global Depository Receipts, warrants or any convertible instruments. 8.17. Equity shares held by the Non-executive Directors No. Name Shares 1. Mukund Chitale 50 2. Shubhalakshmi Panse 50 3. Baldev Arora 100 4. Pradeep Banerjee 15 5. Rangaswamy Iyer Nil 6. Sharadchandra Abhyankar Nil 7. Sujal Shah Nil
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