Annual Report for the year 2012

3) SHARE CAPITAL
PARTICULARS
AUTHORISED
As at
st
31 March
2012
(AMOUNT IN `)
As at
st
31 March
2011
2,40,00,000 (2,40,00,000) Equity Shares of ` 10/- each
240,000,000 240,000,000
14,00,000 (14,00,000) 9.5% Non-Convertible,Cumulative,
Redeemable Preference Shares of ` 100/- each
ISSUED, SUBSCRIBED AND PAID UP
140,000,000 140,000,000
380,000,000 380,000,000
2,19,57,533 (2,19,57,533) Equity Shares of ` 10/- each fully Paid up
219,575,330 219,575,330
Nil (8,00,000) 9.5% Non-Convertible,Cumulative, Redeemable Preference - 80,000,000
Shares of ` 100/- each fully Paid up
th
Date of allotment 27 October, 2005
TOTAL 219,575,330 299,575,330
3a. During the year, the Company has not issued/bought back any of the Equity Shares. Movement in respect of
Preference Shares are given below
Particulars
At the beginning of the period
(+) Issued during the period
(-) Redeemed during the period*
Outstanding at the end of the period
st
31 March , 2012
st
31 March, 2011
Nos. Amt.( `)
Nos. Amt.(`)
800,000 80,000,000 800,000 80,000,000
- - - -
800,000 80,000,000 - -
- - 800,000 80,000,000
* Redemption of 8,00,000, 9.5% Non-Convertible,Cumulative, Redeemable Preference Shares of ` 100/- each fully paid up ,out of
th
free reserves of the company , Date of redemption : 28 March, 2012. In terms of Section 80 of the Companies Act, 1956, Company
has created Captial Redemption reserve equivalent to face value of Preference shares redeemed (Refer Note No 4 )
3b. Terms/rights attached to equity shares
The Company has only one class of equity shares having a par value of ` 10/- per share. The holders of the equity shares are entitled
to receive dividends as declared from time to time, and are entitled to voting rights proportionate to their share holding at the
meetings of shareholders. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the
ensuing Annual General Meeting, except in case of interim dividend.
In the event of liquidation of the company, the holders of equity shares will be entitled to receive 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.
3c. Details of shares held by shareholders holding more than 5% of the aggregate shares in the Company
Particulars
st
31 March, 2012
st
31 March, 2011
Nos. % of Holding Nos. % of Holding
Transworld Holdings Limited (Holding Company) 12,351,650 56.25% 12,351,650 56.25%
Mithila V Mahesh 1,167,325 5.32% - -
Anisha Valli Ramakrishnan 1,167,325 5.32% - -
3d. 1,23,51,650 Equity shares of ` 10/- each, held by Holding Company Transworld Holdings Limited, Mauritius.
3e. 1,01,62,750 Equity shares of ` 10/- each, allotted as fully paid up pursuant to contract(s) without payment being
received in cash in the financial year 1994-95.
3f. 21,33,333 Equity shares of ` 10/- each, issued as fully paid up on conversion of equal number of Global Depository
Receipts (GDR) in the financial year 2006-07.
24th Annual Report 2011-12
31