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Standalone Financials
137
CORPORATE OVERVIEW (1-31)
STATUTORY REPORTS (46-122)
FINANCIALS
NOTES FORMING PART OF FINANCIAL STATEMENTS
(h)
Number of shares held by each shareholder holding more than 5 percent of the issued share capital:
As at March 31, 2012
As at March 31, 2011
% Issued No. of shares
% Issued
No. of
share capital
share capital
shares
(i)
Ordinary shares :
(a)
Tata Sons Limited
25.96% 69,88,33,345
25.61% 13,78,58,939
(b) Life Insurance Corporation of India
6.75% 18,17,10,232
7.61% 4,09,53,666
(c)
Tata Steel Limited
5.49% 14,78,10,695
5.49% 2,95,62,139
(d) Citibank N A as Depository
# 43,54,28,360
# 10,97,28,393
(ii)
‘A’ Ordinary shares :
(a)
HDFC Trustee Co Limited - HDFC Top 200 Fund
6.67% 3,21,37,761
*
-
(b) HDFC Trustee Co Limited - HDFC Equity Fund
6.07% 2,92,46,932
*
-
(c)
Tata Sons Limited
*
-
17.54% 1,69,01,979
(d) IVY Funds, INC. Asset Strategy Fund
*
-
9.65% 92,98,590
# held by Citibank, N.A. as depository for American Depository Shares (ADSs) and Global Depository Shares (GDSs)
*
Less than 5%
During the year the Company has subdivided Ordinary shares and ‘A’ Ordinary shares having face value of
`
10 each into 5 shares
having face value of
`
2 each. Consequently the number of shares as at March 31, 2011 is not comparable.
(i)
Information regarding issue of shares in the last five years
(a)
The Company has not issued any shares without payment being received in cash.
(b) The Company has not issued any bonus shares.
(c)
The Company has not undertaken any buy-back of shares.
(j)
Other Notes
(i)
The Company has issued the Foreign Currency Convertible Notes (FCCNs) and Convertible Alternative Reference Securities
(CARS) which are convertible into Ordinary shares or ADSs. Additionally, CARS can be converted into Qualifying securities in
case there has been a qualifying issue as per the terms of issue. The terms of issue along with the earliest dates of conversion
are given on page 141 note (iv).
(ii) The entitlements to 4,93,000 Ordinary shares of
`
2 each (as at March 31, 2011 : 99,310 Ordinary shares of
`
10 each) and
2,73,400 ‘A’ Ordinary shares of
`
2 each (as at March 31, 2011: 54,832 ‘A’ Ordinary shares of
`
10 each) are subject matter of various
suits filed in the courts / forums by third parties for which final order is awaited and hence kept in abeyance.
(iii) The application for 49,836 Ordinary shares of
`
10 each and 44,626 ‘A’ Ordinary shares of
`
10 each have been received, to be
issued out of shares kept in abeyance as on March 31, 2011, for which allotment is pending.
(iv) During the year ended March 31, 2011, the Company has issued shares aggregating US$ 750 million, comprising ‘A’ Ordinary
shares aggregating US$ 550 million and Ordinary shares aggregating US$ 200 million through Qualified Institutional
Placement (QIP). Consequently, the Company has allotted 3,21,65,000 ‘A’ Ordinary shares at a price of
`
764 per ‘A’ Ordinary share
(including a premium of
`
754 per ‘A’ Ordinary share) and 83,20,300 Ordinary shares at a price of
`
1,074 per Ordinary share
(including a premium of
`
1,064 per Ordinary share) aggregating to a total issue size of
`
3,351 crores.
(v)
Subsequent to the year ended March 31, 2012, the Company has alloted :
(a)
25 Ordinary shares and 26,075 ‘A’ Ordinary shares out of shares held in abeyance; and
(b) 22,370 Ordinary shares upon conversion of one Convertible Alternative Reference Securities (CARS) due 2012 and
1,60,95,391 Ordinary shares upon conversion of 422, 4% Foreign Currency Convertible Notes (FCCN) due 2014.
FINANCIAL HIGHLIGHTS (32-45)