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Download latest annual report - HT Media

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Annual Report 2011-12<br />

3. SHARE CAPITAL<br />

108<br />

Particulars As at<br />

31 March, 2012<br />

(` in lacs)<br />

As at<br />

31 March, 2011<br />

Authorized Shares<br />

3,625.00 lacs (previous year 3,625.00 lacs) equity shares of `2 each 7,250.00 7,250.00<br />

Issued, Subscribed and fully paid-up shares<br />

2,350.21 lacs (previous year 2,350.21 lacs) equity shares of `2 each, fully paid 4,700.42 4,700.42<br />

(a) Reconciliation of the equity shares outstanding at the beginning and at the end of the year<br />

Equity Shares As at<br />

31 March, 2012<br />

No. of shares<br />

(in Lacs)<br />

Amount<br />

(` in Lacs)<br />

As at<br />

31 March, 2011<br />

No. of shares<br />

(in Lacs)<br />

Amount<br />

(` in Lacs)<br />

Shares outstanding at the beginning of the year 2,350.21 4,700.42 2,350.21 4,700.42<br />

Shares Issued during the year - - - -<br />

Shares bought back during the year - - - -<br />

Shares outstanding at the end of the year 2,350.21 4,700.42 2,350.21 4,700.42<br />

(b) Terms/rights attached to equity shares<br />

The company has only one class of equity shares having par value of `2 per share. Each holder of equity shares is entitled<br />

to one vote per share. The company declares and pays dividends in Indian rupees. The dividend proposed by the Board<br />

of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting.<br />

During the year ended 31 March 2012, the amount of per share dividend recognized as distributions to equity shareholders<br />

is `0.40 (previous year `0.36).<br />

In the event of liquidation of the company, the holders of equity shares will be entitled to receive remaining assets of the<br />

company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares<br />

held by the shareholders.<br />

(c) Shares held by holding/ ultimate holding company and/ or their subsidiaries/ associates<br />

Particulars As at<br />

31 March, 2012<br />

(` in lacs)<br />

As at<br />

31 March, 2011<br />

The Hindustan Times Limited, the holding company<br />

1,617.55 lacs (previous year 1,617.55 lacs) equity shares of `2 each, fully paid 3,235.09 3,235.09<br />

Go4i.com (Mauritius) Limited, subsidiary of The Hindustan Times Limited<br />

0.23 lacs (previous year 0.23 lacs) equity shares of `2 each, fully paid<br />

0.45 0.45<br />

(d) Aggregate number of bonus shares issued, shares issued for consideration other than cash and shares bought back<br />

during the period of five years immediately preceding the <strong>report</strong>ing date<br />

Particulars As at<br />

31 March, 2012<br />

Equity shares alloted as fully paid-up to Go4i.com (Mauritius) Limited pursuant to a<br />

scheme of Arrangement and de-merger u/s 391-394 of the Companies Act, 1956<br />

Equity shares alloted as fully paid-up to The Hindustan Times Limited pursuant to a<br />

scheme of Arrangement and restructuring u/s 391-394 read with sections 100-104 of the<br />

Companies Act, 1956<br />

No. of shares (in Lacs)<br />

As at<br />

31 March, 2011<br />

0.23 0.23<br />

7.69 7.69

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