2010-11 - Grasim

UltraTec
ech Cement Limited
` in Crores
SCHEDULE 1A
Previous
SHARE CAPITAL
AL
Year
Authorised
280,000,000 Equity shares of ` 10 each (Previous Year 130,000,000) 280.00 130.00
Issued, Subscribed and Paid-up
274.04
124.49
274,041,665 Equity shares of ` 10 each fully paid-up. (Previous Year 124,487,079)
(a) 99,521,437 Equity shares of ` 10 each issued as fully paid-up for
acquiring the Cement business pursuant to the Scheme of
Arrangement with Larsen & Toubro without payment being received
in cash. (Previous Year 99,521,437)
(b) 87,258 Equity shares of ` 10 each issued as fully paid-up, to shareholders
of erstwhile Narmada Cement Company Limited (NCCL) pursuant to
the Scheme of Amalgamation without payment being received in cash.
(Previous Year 87,258)
(c) 149,533,469 Equity shares of ` 10 each issued as fully paid-up, to
shareholders of erstwhile Samruddhi Cement Limited (SCL) pursuant
to the Scheme of Amalgamation without payment being received in
cash (Previous Year Nil).{ Excluding issue of 8,518 Equity Shares kept
in abeyance against shares of Grasim Industries Limited. (Previous
Year Nil)}
(d) 165,335,150 Equity shares are held by Grasim Industries Limited
(Holding Company). (Previous Year 68,192,294)
(e) 5,769,289 Equity shares represented by Global Depository Receipts.
(Previous Year 174,278)
274.04
124.49
SCHEDULE 1B
EMPLOYEES STOCK OPTIONS OUTS
TSTANDING
Employees Stock Options Outstanding 6.35 2.21
Less: Deferred Employees Compensation Expenses 1.57
.57 0.22
4.78 1.99
Outstanding Employees Stock Options exercisable into 268,468 Equity Shares of ` 10 each fully paid up
(Previous Year 132,885). {See Note B 20 (b)}
SCHEDULE 2
RESERVES
AND SURPLUS
` in Crores
Balance Transferred from Additions Deduction/ Balance
as at SCL as on 01.07.2010, during Adjustments as at
31 st pursuant to scheme the during 31 st
March, 2010 of Amalgamation year the year March, 2011
Capital Reserve 25.02 0.30 - - 25.32
Cash Subsidy Reserve 0.10 - - - 0.10
Debenture Redemption Reserve 90.72 46.25 58.92 - 195.89
General Reserve
Securities Premium Account
1,636.86
0.10
4,643.45*
-
1,100.00
1.91#
-
-
7,380.31
2.01
Surplus as per Profit and Loss Account 2,729.37 - 1,404.23 (1,350.01) 2,783.59
4,482.17 4,690.00 2,565.06 (1,350.01)
1) 10,387
0,387.22
Previous Year 3,475.93 - 1,883.51 (877.27) 4,482.17
* Reser
eserve e Reconciliation: (See Note B 4)
Excess of assets over liabilities transferred from Samruddhi Cement Limited pursuant to the scheme of
amalgamation 4,851.85
Add: Gain on account of Employees Stock Options transferred 0.04
Less: Issue of Equity Shares to the Shareholders of erstwhile Samruddhi Cement Ltd, pursuant to scheme
of amalgamation (149.53)
Less: Provision for Costs in relation to transfer of assets pursuant to Scheme of Amalgamation (Net of Tax) (58.91)
4,643.45
# On account of Employees Stock Options exercised during the year.
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