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7.12 Dematerialisation of shares and liquidity

The paid-up share capital of the Company is held by the Members as on March 31, 2019 as follows:

98.22% in electronic form and 1.78% in physical form.

7.13 Outstanding American Depository Receipts | Global Depository Receipts | warrants or any convertible instruments,

conversion date and likely impact on equity

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.

7.14 Equity shares held by the Non-executive Directors

No.

Name

Shares

1.

R A Shah

14,960

2.

S S Baijal

6,000

3.

B S Mehta

162

4.

H S Shah

1,290

5.

S M Datta

10,000

6.

V S Rangan

3,000

7.

M M Chitale

50

8.

S A Panse

50

9.

B R Arora

100

7.11.2 Category-wise:

Category

Shares (numbers)

Shareholding (%)

Promoter group

1,32,57,524

44.70

Indian public

66,51,554

22.42

Mutual funds

65,23,163

22.00

Foreign institutional investors

19,60,871

6.61

Bodies corporate

7,22,743

2.44

Insurance companies

3,21,572

1.08

Non-Resident Indians | Other Body Corporates

1,98,758

0.67

Banks

25,212

0.08

State government

336

0.00

Total

2,96,61,733

100.00

Promoter group

Indian public

Mutual funds

Foreign institutional investors

Bodies corporate

Insurance companies

Non-Resident Indians | Other Body Corporates

Banks

State Government

2017-18

2018-19

44.70

44.64

22.48

22.42

22.67

4.91

3.10

1.51

0.60

0.09

0.60

22.00

6.61

2.44

1.08

0.08

0.00

0.67

79

Corporate Governance Report