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Atul Ltd | Annual Report 2011-12

(

`

cr)

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% 1,764,382

5.9% 1,764,382

2 Aura Securities Pvt Ltd

5.4% 1,614,045

5.4% 1,614,045

Notes

to financial statements