Our endeavour is to enhance Stakeholders' Value - Uflex Ltd.
Our endeavour is to enhance Stakeholders' Value - Uflex Ltd.
Our endeavour is to enhance Stakeholders' Value - Uflex Ltd.
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SCHEDULES<br />
SCHEDULES<br />
UFLEX LIMITED<br />
(Rs. in lacs)<br />
As At<br />
As At<br />
31.03.2009<br />
31.03.2008<br />
1 SHARE CAPITAL<br />
AUTHORISED<br />
1,90,00,000 (Previous Year Same)<br />
Preference Shares of Rs.100/- each<br />
15,00,00,000 (Previous Year Same)<br />
19000.00 19000.00<br />
Equity Shares of Rs.10/-each<br />
15000.00 15000.00<br />
34000.00 34000.00<br />
ISSUED, SUBSCRIBED & PAID-UP<br />
6,50,06,646 (Previous Year Same) Equity Shares of Rs.10/- each,<br />
fully called-up 6500.67 6500.67<br />
Less : Amount Unpaid 3.47 6497.20 3.66 6497.01<br />
TOTAL : 6497.20 6497.01<br />
Note : 6,50,06.646 (Previous Year Same) Equity Shares include 54,65,840 (Previous Year Same) Equity Shares lying with<br />
Deposi<strong>to</strong>ry, representing 27,32,920 (Previous Year Same) Global Deposi<strong>to</strong>ry Receipts (GDRs), <strong>is</strong>sued through an<br />
international off ering in US Dollars, outstanding as at Balance Sheet date.<br />
As At<br />
(Rs. in lacs)<br />
As At<br />
31.03.2009<br />
31.03.2008<br />
2 WARRANTS<br />
Amount received @Rs.17.50 each on 57,00,000<br />
(Previous Year 77,00,000) Warrants<br />
Less : Amount in respect of NIL (Previous Year<br />
997.50 1347.50<br />
20,00,000) Warrants Converted in<strong>to</strong> Equity Shares – 350.00<br />
Less : Amount forfeited & transferred <strong>to</strong> Capital Reserve<br />
Amount received @Rs.20.50 each on allotment of<br />
997.50 – – 997.50<br />
87,35,000 (Previous Year Same) Warrants 1790.68 1790.68<br />
TOTAL : 1790.68 2788.18<br />
Notes:<br />
1. In terms of the Resolution passed in the Extra-ordinary General Meeting held on 7th February 2007 the Company has allotted<br />
103 Lac Warrants at a price of Rs.175/- per warrant (inclusive of premium of Rs.165/- per warrant), which gives holders the right<br />
<strong>to</strong> convert warrant in<strong>to</strong> equal number of equity shares of the company at any time within 18 Months from the date of allotment<br />
i.e. 20th February 2007. Further, due <strong>to</strong> failure of Warrant holders holding aggregate of 57 lacs warrants, <strong>to</strong> exerc<strong>is</strong>e the right <strong>to</strong><br />
convert within 18 months from the date of allotment, application money received on these Warrants have been forfeited and<br />
transferred <strong>to</strong> Capital Reserve Account.<br />
2. In terms of the Resolution passed through Postal Ballot declared on 26th February 2008 the Company has allotted 87.35 Lac<br />
Warrants at a price of Rs.205/- per warrant (inclusive of premium of Rs.195/- per warrant), which gives holders the right <strong>to</strong><br />
convert warrant in<strong>to</strong> equal number of equity shares of the company at any time within 18 Months from the date of allotment<br />
i.e. 26th February 2008.<br />
TWENTIETH ANNUAL REPORT 2008 - 2009<br />
| 29 |<br />
C O M P A N Y
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