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Corporate Identity Serving Diverse Industries Purpose and Values Overview by the Chairman Operational Highlights Financial Analysis Research and Technology

Safety, HealthandEnvironment Serving the Society Directors’ Report Management Discussion andAnalysis

Report on Corporate Governance

Financial Statements

7.10 Share Transfer System

Securities lodged for transfer at the Registrar’s address are processed within 30 days from the date of

lodgment, if the documents are clear in all respects. All requests for dematerialisation of securities are

processed and the confirmation is given to the depositories within 21 days.

Pursuant to Clause 47(c) of the Listing Agreement with the stock exchanges, certificates on a half-yearly

basis were issued by the Company Secretary in practice for due compliance of share transfer formalities

by the Company. Pursuant to the SEBI (Depositories and Participants) Regulations, 1996, certificates

were also received from the Company Secretary in practice for timely dematerialisation of the shares of

the Company and for conducting a secretarial audit on a quarterly basis 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.

7.11 Distribution of Shareholding as on March 31, 2010

i)

Shareholding wise:

Holding

Shareholders

Shares

Numbers

% of Total

Numbers

% of Total

1 – 10

4,395

12.09

23,606

0.08

11 - 50

13,228

36.38

3,76,074

1.27

51 – 100

6,611

18.18

5,74,778

1.94

101 – 500

9,031

24.84

22,77,447

7.68

501 – 1,000

1,623

4.46

12,64,542

4.26

1,001 – 1,500

422

1.16

5,35,966

1.81

1,501 – 2,000

266

0.73

4,90,767

1.65

2,001 – 3,000

238

0.66

6,06,141

2.04

3,001 – 4,000

105

0.29

3,73,800

1.26

4,001 – 5,000

101

0.28

4,76,062

1.60

5,001 – 10,000

161

0.44

11,96,334

4.03

10,001 and above

176

0.49

2,14,66,216

72.38

Total

36,357

100.00

2,96,61,733

100.00

ii)

Category wise:

Category

Shares (No)

Shareholding (%)

Promoters’

1,24,33,515

41.92

Mutual Funds

450

0.00

Banks

64,030

0.22

Insurance companies

17,10,133

5.76

Foreign Institutional Investors

900

0.00

Corporate Bodies

47,67,392

16.07

Non Resident Indians | Overseas Corporate Bodies

1,64,524

0.55

State Government

336

0.00

Indian public

1,05,20,453

35.48

Total

2,96,61,733

100.00