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NOTE 2 SHARE CAPITAL
As at
March 31, 2012
As at
March 31, 2011
Authorised
8,00,00,000 Equity Shares of
`
10 each
80.00
80.00
80,00,000 Cumulative Redeemable Preference Shares of
`
100 each
80.00
80.00
160.00
160.00
Issued
2,96,91,780 Equity Shares of
`
10 each
29.69
29.69
29.69
29.69
Subscribed
2,96,61,733 Equity Shares of
`
10 each, fully paid
29.66
29.66
Add: Forfeited shares (amount paid-up)
0.02
0.02
29.68
29.68
The Company has two classes of shares referred to as Equity Shares having a par value of
`
10 and Cumulative
Redeemable Preference Shares having a par value of
`
100.
In 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. 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.
The Company declares and pays dividends in Indian rupees. The dividend proposed by the Board of Directors is
subject to the approval of the Shareholders in the ensuing Annual General Meeting.
Details of Shareholders holding more than 5% of Equity Shares:
Sr
No
Name of the Shareholder
As at March 31, 2012
As at March 31, 2011
Holding % No of shares Holding % No of shares
1 Aeon Investments Pvt Ltd
5.9% 17,64,382
5.9% 17,64,382
2 Aura Securities Pvt Ltd
5.4% 16,14,045
5.4% 16,14,045
(
`
cr)
NOTE 3 RESERVES AND SURPLUS
As at
March 31, 2012
As at
March 31, 2011
(a) Capital reserve
11.70
6.68
(b) Securities premium account
36.27
34.66
(c) Central and State subsidy reserve:
Balance as at the beginning of the year
6.63
6.63
Add: Received during the year
-
-
Less: Transferred to general reserve
-
-
6.63
6.63
(c) Revaluation reserve:
Balance as at the beginning of the year
108.58
110.64
Less: Transferred to Statement of Profit and Loss
2.06
2.06
Balance as at the end of the year
106.52
108.58
(d) Hedging reserve (see Note 27.4):
Balance as at the beginning of the year
(5.09)
(15.03)
Add: Transferred to Statement of Profit and Loss
5.09
15.03
Less: Effect of foreign exchange rate variation on hedging
instruments outstanding at the end of the year
0.78
5.09
Balance as at the end of the year
(0.78)
(5.09)
(
`
cr)
Notes
to Consolidated financial statements