15 - EQUITY SHARE CAPITAL

 

 

As At

As At

 

 

March 31, 2020

March 31, 2019

 

 

₹ in Crores

₹ in Crores

 

Authorised:

15,00,00,000 Equity shares of ₹ 2 each

30.00

30.00

20,00,000 Preference shares of ₹ 100 each

20.00

20.00

 

TOTAL

50.00

50.00

 

Issued, Subscribed and fully paid up:

13,63,93,041 Equity shares of ₹ 2 each

27.28

27.28

 

TOTAL

27.28

27.28

(a) Shares: Terms/Rights

  1. The Company has Authorised capital of Equity and Preference shares.
  2. Each holder of the Equity Share is entitled to one vote per Share. The Company declares and pays dividend in Indian Rupees. The dividend proposed by the Board of Directors is subject to approval of the shareholders at the ensuing Annual General Meeting. The Board of Directors declared Interim Dividend of ₹ 4.50/- (Rupees Four and paisa fifty only) per equity share of face value of ₹ 2/- (Rupees Two only) each on March 04, 2020 amounting to ₹ 73.99 Crores (including tax on dividend of ₹ 12.62 Crores).
  3. In the event of liquidation of the Company, the holders of Equity Shares shall be entitled to receive 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. No preferential amounts exist as on the Balance Sheet date.

(b) Details of shares held by each shareholder holding more than 5% Equity shares of ₹ 2 each fully paid in the Company :

Name of the Shareholder

As at March 31, 2020

As at March 31, 2019

 

No.

% Holding

No.

% Holding

Shri Deepak Chimanlal Mehta

2,15,64,831

15.81

2,12,36,331

15.57

Stiffen Credits & Capital Pvt. Ltd.

84,15,940

6.17

83,79,940

6.14

Nippon India Small Cap Fund

76,01,510

5.57

64,21,199

4.71

Checkpoint Credits & Capital Pvt. Ltd.

72,06,050

5.28

72,06,050

5.28

Stepup Credits & Capital Pvt. Ltd.

69,15,580

5.07

69,15,580

5.07

(c) During the year 2014-15, Company has allotted 52,269,095 Bonus Equity Shares of ₹ 2/- (Rupees Two Only) each, fully paid up, in the ratio of 1:1 (one Bonus Equity Shares of ₹ 2/- each).