Our endeavour is to enhance Stakeholders' Value - Uflex Ltd.

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UFLEX LIMITED
DIRECTOR’S CONSOLIDATED REPORT SCHEDULE
SCHEDULE FORMING PART OF THE CONSOLIDATED BALANCE SHEET
As At
(Rs. in lacs)
As At
31.03.2009
31.03.2008
1. SHARE CAPITAL
AUTHORISED
1,90,00,000 (Previous Year Same) Preference Shares of Rs.100/- each 19000.00 19000.00
15,00,00,000 (Previous Year Same) Equity Shares of Rs.10/-each 15000.00 15000.00
34000.00 34000.00
ISSUED, SUBSCRIBED & PAID-UP
6,50,06,646 (Previous Year Same) Equity Shares of Rs.10/- each,
fully called-up 6500.67 6500.67
Less : Amount Unpaid 3.47 6497.20 3.66 6497.01
TOTAL :
Note :
6497.20 6497.01
6,50,06.646 (Previous Year Same) Equity Shares include 54,65,840 (Previous Year Same) Equity Shares lying with Depository,
representing 27,32,920 (Previous Year Same) Global Depository Receipts (GDRs), issued through an international off ering in
US Dollars, outstanding as at Balance Sheet date.
As At
(Rs. in lacs)
As At
31.03.2009
31.03.2008
2: WARRANTS
Amount received @Rs.17.50 each on 57,00,000
(Previous Year 77,00,000) Warrants
Less : Amount in respect of NIL
(Previous Year 20,00,000) Warrants Converted
997.50 1347.50
into Equity Shares - 350.00
Less : Amount forfeited & transferred to Capital Reserve. 997.50 - - 997.50
Amount received @Rs.20.50 each on allotment of 87,35,000
(Previous Year Same) Warrants
1790.68 1790.68
TOTAL :
Note:
1790.68 2788.18
1. In terms of the Resolution passed in the Extra - Ordinary General Meeting held on 7th February 2007 the holding
Company has allotted 103 Lacs Warrants at a price of Rs.175/- per warrant (inclusive of premium of Rs.165/- per warrant),
which gives holders the right to convert warrant into equal number of equity shares of the holding company at any time
within 18 Months from the date of allotment i.e. 20th February 2007. Further, due to failure of Warrant holders holding
aggregate of 57 lacs warrants, to exercise the right to convert within 18 months from the date of allotment, application
money received on these Warrants have been forfeited and transferred to Capital Reserve Account.
2. In terms of the Resolution passed through Postal Ballot declared on 26th February 2008 the holding Company has allotted
87.35Lacs Warrants at a price of Rs.205/- per warrant (inclusive of premium of Rs.195/- per warrant), which gives holders
the right to convert warrant into equal number of equity shares of the holding company at any time within 18 Months
from the date of allotment i.e. 26th February 2008.
TWENTIETH ANNUAL REPORT 2008 - 2009