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Atul Ltd | Annual Report 2012-13

(

`

cr)

NOTE 2 SHARE CAPITAL

As at

March 31, 2013

As at

March 31, 2012

Authorised

8,00,00,000 (8,00,00,000) Equity Shares of

`

10 each

80.00

80.00

80,00,000 (80,00,000) Cumulative Redeemable Preference

Shares of

`

100 each

80.00

80.00

160.00

160.00

Issued

2,96,91,780 (2,96,91,780) Equity Shares of

`

10 each

29.69

29.69

29.69

29.69

Subscribed

2,96,61,733 (2,96,61,733) Equity Shares of

`

10 each, fully paid

29.66

29.66

29,991

(29,991) 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 and Preference shares. 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.

56 Equity shares are held in abeyance due to disputes at the time of earlier rights issues.

Details of Shareholders holding more than 5% of Equity Shares:

Sr

No

Name of the Shareholder

As at

March 31, 2013

As at

March 31, 2012

Holding % No of shares

Holding %

No of shares

1 Aeon Investments Pvt Ltd

5.95% 17,64,383

5.95% 17,64,382

2 Aura Securities Pvt Ltd

5.44% 16,14,045

5.44% 16,14,045

Notes

to Consolidated financial statements