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Annual Report 2011-12
3. SHARE CAPITAL
56
Particulars As at
31 March, 2012
(` in lacs)
As at
31 March, 2011
Authorized shares
3,625.00 lac (Previous year 3,625.00 lac) equity shares of `2 each 7,250.00 7,250.00
Issued, Subscribed and fully paid-up shares
2,350.21 lac (Previous year 2,350.21 lac) equity shares of `2 each fully paid 4,700.42 4,700.42
(a) Reconciliation of the equity shares outstanding at the beginning and at the end of the year
Equity Shares As at
31 March, 2012
No. of shares
(in lacs)
Amount
(` in lacs)
As at
31 March, 2011
No. of shares
(in lacs)
Amount
(` in lacs)
Shares outstanding at the beginning of the year 2,350.21 4,700.42 2,350.21 4,700.42
Shares issued during the year - - - -
Shares outstanding at the end of the year 2,350.21 4,700.42 2,350.21 4,700.42
(b) Terms/rights attached to equity shares
The Company has only one class of equity shares having par value of `2 per share. Each holder of equity shares is entitled
to one vote per share. The Company declares and pays dividend in Indian rupees. The dividend proposed by the Board of
Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting.
During the year ended 31 March 2012, the amount of per share dividend recognized as distribution to equity shareholders
is `0.40 (Previous year `0.36).
In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the
company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares
held by the shareholders.
(c) Shares held by holding/ultimate holding company and/or their subsidiaries/associates
Out of the equity shares issued by the Company shares held by its holding company and subsidiary of holding company
are as below:
Particulars As at
31 March, 2012
(` in lacs)
As at
31 March, 2011
The Hindustan Times Limited, the holding company
1,617.55 lac (Previous year 1,617.55 lac) equity shares of `2 each fully paid 3,235.09 3,235.09
Go4i.com (Mauritius) Limited, subsidiary of The Hindustan Times Limited
0.23 lac (Previous year 0.23 lac) equity shares of `2 each fully paid 0.45 0.45
(d) Aggregate number of bonus shares issued, shares issued for consideration other than cash and shares bought back
during the period of five years immediately preceding the reporting date
Particulars As at
31 March, 2012
Equity shares alloted as fully paid-up to Go4i.com (Mauritius) Limited pursuant to a
scheme of Arrangement and de-merger u/s 391-394 of the Companies Act, 1956
Equity shares alloted as fully paid-up to The Hindustan Times Limited pursuant to a
scheme of Arrangement and restructuring u/s 391-394 read with sections 100-104 of the
Companies Act, 1956
(No. of shares in lacs)
As at
31 March, 2011
0.23 0.23
7.69 7.69