APR Constructions Limited - Saffron Capital

Notes to capital structure
1. History of equity share capital of our Company
Date of
Allotment
No. of
Equity
Shares
allotted
Face
Value
(`)
Cumulativ
e no. of
shares
Issue
Price
(`)
Consideration Nature of
Allotment
Cumulative
Paid - up
Capital (`)
4,00,00,000
8,00,00,000
10,00,00,000
On
50,000 10 50,000 10 On Conversion Subscription 5,00,000
incorporation#
of partners‟ to
capital into Memorandum
share capital
31-Mar-05 39,50,000 10 40,00,000 10 Cash Preferentialall
otment (a)
15-Oct-05 40,00,000 10 80,00,000 10 Cash Preferentialall
otment (b)
28-Dec-06 20,00,000 10 1,00,00,000 - Capitalisation Bonus Issue
of free (1:4) (c)
reserves
27-Apr-07 1,28,600 10 1,01,28,600 10 Cash Rights Issue
(12.86:1000)
(d)
7-Dec-07 20,25,720 10 1,21,54,320 - Capitalisation
of free
reserves
9-Mar-09 60,77,160 10 1,82,31,480 - Capitalisation
of free
reserves
Note: So far our Company has not allotted any equity shares at premium.
10,12,86,000
Bonus Issue 12,15,43,200
(1:5) (e)
Bonus Issue 18,23,14,800
(1:2) (f)
a. Preferential allotment of 15,00,000 shares to Mr. Adala Prabhakara Reddy, 7,30,000 shares to Mrs. Adala
Vindhyavali, 8,00,000 shares each to Ms. P. Hima Bindu & A. Prabhakar Reddy (HUF) and 1,20,000 shares to
Ms. P. Bhanu Rekha
b. Preferential allotment of 40,00,000 shares to Mr. Adala Prabhakara Reddy
c. Pursuant to Extra-ordinary general meeting held on December 23, 2006, our Company has issued 20,00,000
bonus shares at the rate of one fully paid Bonus Equity Shares of `10.00 (Rupees Ten) each, for every four
existing Equity Shares of `10.00 (Rupees Ten) each, out of capitalisation of free reserves.
d. Rights Issue of 1,28,600 Equity shares in the ratio of 12.86 equity shares for every 1000 shares held.
e. Pursuant to Extra-ordinary general meeting held on December 06, 2007, our Company has issued 20,25,720
bonus shares at the rate of one fully paid Bonus Equity Shares of `10 (Rupees Ten) each, for every five existing
Equity Shares of `10 (Rupees Ten) each, out of capitalisation of free reserves.
f. Pursuant to Extra-ordinary general meeting held on March 05, 2009, our Company has issued 60,77,160 bonus
shares at the rate of one fully paid Bonus Equity Shares of `10 (Rupees Ten) each, for every two existing Equity
Shares of `10 (Rupees Ten) each, out of capitalisation of free reserves.
# Issue of Equity Shares to the partners of the erstwhile partnership firm, A. Prabhakar Reddy & Co., i.e. Mrs. Adala
Vindhyavali,Mrs. Pellakuru Bhanu Rekha, Mrs. Pulagam Hima Bindu, Mr. Pulagam Harikrishna, Mr. Gunapati
Muralikrishna Reddy, Mrs. Seerapu Jamuna, Dr. Pellakuru Chandra Kiran on account of conversion under Part IX
of the Companies Act, 1956 as subscribers‟ to the MOA.
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