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Board of Directors - Opto Circuits

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CORPORATE GOVERNANCE<br />

st<br />

10.11 Categories <strong>of</strong> shareholders as on 31 March 2006.<br />

Sno Description No <strong>of</strong> Share Shares % To Equity<br />

Holders<br />

1 Banks 3 111206 0.41 %<br />

2 Clearing Members 104 132754 0.49 %<br />

3 Employees 14 3855 0.01 %<br />

4 FII's 8 3191492 11.90 %<br />

5 Foreign Nationals 1 803206 2.99 %<br />

6 Foreign Promoters 1 2146158 8.00 %<br />

7 H U F 185 89657 0.33 %<br />

8 Indian Promoters 3 7394434 27.58 %<br />

9 Bodies Corporates 421 3792120 14.14 %<br />

10 Mutual Funds 3 1008125 3.76 %<br />

11 Non Resident Indians 152 2501466 9.33 %<br />

12 Resident Individuals 9300 5631040 21.00 %<br />

13 Trusts 2 2777 0.01 %<br />

Total 10197 26808290 100.00 %<br />

10.12 Dematerialisation <strong>of</strong> shares<br />

st<br />

As on 31 March 2006, 68.48% <strong>of</strong> the company's total paid up capital representing 18358404 shares was held in dematerialized form and the<br />

balance 31.52% representing8449886 shares were held in physical form.<br />

10.13 Secretarial Audit:<br />

As stipulated by the Securities and Exchange <strong>Board</strong> <strong>of</strong> India, a qualified practicing company secretary carries out the secretarial Audit and provides a<br />

report to reconcile the total admitted capital with the National Securities Depository Limited (NSDL) and Central Depository Services (India)<br />

Limited (CDSL) and the total issued and listed capital. This audit is carried out every quarter and the report thereon is submitted to the stock<br />

exchanges and is also placed before the <strong>Board</strong> <strong>of</strong> <strong>Directors</strong>. The audit, inter alia, confirms that the total listed and paid up capital <strong>of</strong> the company is in<br />

agreement with the aggregate <strong>of</strong> the total number <strong>of</strong> shares in dematerialized form (held with NSDL and CDSL) and total number <strong>of</strong> shares in<br />

physical form.<br />

10.14 INVESTOR CORRESPONDENCE FOR SHARES HELD IN PHYSICAL FORM:<br />

Mr. M S Madhusudhan<br />

(Share transfer and communication<br />

regarding share certificate, dividends Karvy Computershare Pvt Ltd.,<br />

and change <strong>of</strong> address and any Karvy House, No 45, Avenue 4,<br />

query relating to the shares <strong>of</strong> the Street No 1, Banjara Hills,<br />

Company) Hyderabad-560 034<br />

E-Mail : mailmanager@karvy.com<br />

For shares held in Demat Form To the Depository Participant<br />

43

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