Annual Report 2011 - Ballarpur Industries Limited

ConsoLIDATeD sCheDuLes "A" To "L" attached to and forming part of the balance sheet as at June 30, 2011
All Amount in indiAn Rupees thousAnds except shARe dAtA
30.06.2011 30.06.2010
sCheDuLe "A": shAre CApITAL
AuThorIseD
1487500000 equity Shares of rs. 2/- each
(Previous Year 1487500000 equity Shares of rs.2/- each)
2,975,000 2,975,000
10250000 (Previous Year 10250000) Preference share of rs. 100/- each 1,025,000 1,025,000
IssueD
4,000,000 4,000,000
1030005910 equity Share of rs. 2/- each
(Previous Year 1030005910 equity Shares of rs. 2/- each)
2,060,012 2,060,012
suBsCrIBeD AnD pAID up
2,060,012 2,060,012
655773584 equity Shares of rs. 2/- each
(Previous Year 655773584 equity Shares of rs. 2/- each)
1,311,546 1,311,546
Less : 249745 equity Shares of rs. 2/- each forfeited
(Previous Year 249745 equity Shares of rs. 2/- each forfeited)
499 499
1,311,047 1,311,047
655523839 equity Shares of rs. 2/- each
(Previous year 655523839 equity Share of rs. 2/- each)
1,311,047 1,311,047
Add: Forfeited Shares (amount paid up) 187 187
1,311,234 1,311,234
I. pre-spLIT AnD BuYBACK oF eQuITY shAres :
a) 35,000 equity Shares of rs. 10/- each allotted as fully paid up without payment being received in cash.
b) 15,423,900-1/2 equity Shares of rs. 10/- each allotted as fully paid up by way of Bonus Shares capitalised from General reserve and Share
Premium Account.
c) 950,000 equity Shares of rs.10/- each fully paid up issued to Financial Institutions on part conversion of Loans/Debentures.
d) 4,374,945 equity Shares of rs.10/- each allotted as fully paid up to the Shareholders of Amalgamating Companies pursuant to the Schemes of
Amalgamation.
e) 135,174 equity Shares of rs.10/- each allotted as fully paid up on conversion of 237 – 4% euro Bonds of the Face Value of uS$ 11,85,000.
f) 11,887,469 equity Shares of rs.10/- each allotted as fully paid up, in terms of Scheme of Arrangement & reorganisation.
g) 12,649,218 equity Shares of rs.10/- each allotted as fully paid up, pursuant to the scheme of Arrangement & Amalgamation between the
company and Bilt Graphic Paper Products Limited.
h) 21,160,820 equity Shares of rs 10/- each allotted as fully paid up against Global Depository Shares (GDS) aggregating to uS$ 35 Million.
i) 92,775 equity Shares of rs.10/- each allotted as fully paid up on conversion of 9.5 % Fully Convertible Debentures.
j) 23,278,276 equity Shares of rs.10/- each allotted at a premium of rs. 76.20/- per share against conversion of Foreign Currency Convertible
Bonds (FCCB) of Face Value uS$ 45,000,000.
II. posT-spLIT AnD BuYBACK oF eQuITY shAres :
a) Pursuant to the Scheme of Arrangement and reorganisation under Section 391 - 394 of the Companies Act 1956, approved by high Court of
Mumbai (Nagpur Bench) vide its order dated 30.11.2007 (Scheme), one equity Share of rs. 10/- each was subdivided into five equity Shares
of rs. 2/- each and simultaneous compulsory buyback of two equity Shares of rs. 2 each at a price of rs. 25/- each per share. Consequently
371,414,860, equity Shares of rs. 2/- each were bought back by the Company at a price of rs. 25/- per share.
b) Pursuant to the Scheme, certain small shareholders, holding 1,598,451 equity share of rs. 2/- each exercised their option for buyback at a price
of rs. 30/- per share and were bought back by the Company.
c) The company had alloted the following equity Shares to Bilt Paper holdings Limited (BPhL), now merged with Avantha holdings Limited a
promoter:
i) 45,000,000 equity Shares at rs. 30/- per share (face value of rs. 2/- and Premium of rs. 28/-) on 17th March 2010 and
ii) 55,000,000 equity Shares at rs. 30/- per share (face value of rs. 2/- and Premium of rs. 28/-) on 11th June 2010, consequent upon
conversion of 55,000,000 unsecured zero coupon compulsory convertible bonds.
Consolidated FinanCials
81