Statutory Reports
Corporate Overview
69th Annual Report 2013-14
138
Financial Statements
(Standalone)
(
`
in crores)
As at
As at
March 31,
2014
March 31,
2013
2.
Share Capital
(a)
Authorised :
350,00,00,000
Ordinary shares of
`
2 each
(as at March 31, 2013: 350,00,00,000 Ordinary shares of
`
2 each)
700.00
700.00
100,00,00,000
‘A’ Ordinary shares of
`
2 each
(as at March 31, 2013: 100,00,00,000 ‘A’Ordinary shares of
`
2 each)
200.00
200.00
30,00,00,000
Convertible Cumulative Preference shares of
`
100 each
(as at March 31, 2013: 30,00,00,000 shares of
`
100 each)
3,000.00
3,000.00
3,900.00
3,900.00
(b)
Issued [Note (k), page 139] :
273,71,97,592
Ordinary shares of
`
2 each
(as at March 31, 2013: 270,86,48,026 Ordinary shares of
`
2 each)
547.44
541.73
48,22,06,515
'A' Ordinary shares of
`
2 each
(as at March 31, 2013: 48,22,06,515 'A' Ordinary shares of
`
2 each)
96.44
96.44
643.88
638.17
(c)
Subscribed and called-up :
273,67,13,122
Ordinary shares of
`
2 each
(as at March 31, 2013: 270,81,56,151 Ordinary shares of
`
2 each)
547.34
541.63
48,19,66,945
'A' Ordinary shares of
`
2 each
(as at March 31, 2013: 48,19,59,620 'A' Ordinary shares of
`
2 each)
96.40
96.40
643.74
638.03
(d)
Calls unpaid
- Ordinary shares
(0.01)
(0.01)
(e)
Paid -up ( c + d )
643.73
638.02
(f)
Forfeited Shares
-
Ordinary shares
0.05
0.05
Total ( e + f )
643.78
638.07
(g)
Movement of number of shares and share capital :
2013-2014
2012-2013
No. of shares
(
`
in crores)
No. of shares
(
`
in crores)
(i)
Ordinary shares
Shares as on April 1
270,81,56,151
541.63
269,16,13,455
538.32
Add: Shares issued out of held in abeyance
7,405
-*
1,125
-*
Add: Shares issued through conversion of Foreign Currency
Convertible Notes (FCCN) / Convertible Alternative Reference
Securities (CARS)
2,85,49,566
5.71
1,65,41,571
3.31
Shares as on March 31
273,67,13,122
547.34
270,81,56,151
541.63
(ii)
‘A’ Ordinary shares
Shares as on April 1
48,19,59,620
96.40
48,19,33,115
96.39
Add: Shares issued out of held in abeyance
7,325
-*
26,505
0.01
Shares as on March 31
48,19,66,945
96.40
48,19,59,620
96.40
* Less than
`
50,000/-
(h)
Rights, preferences and restrictions attached to shares :
(i) Ordinary shares and ‘A’Ordinary shares, both of
`
2 each :
l
The Company has two classes of shares – the Ordinary shares and the ‘A’Ordinary shares both of
`
2 each (together referred to as shares). In respect of every Ordinary
share (whether fully or partly paid), voting rights shall be in the same proportion as the capital paid up on such Ordinary share bears to the total paid up Ordinary
share capital of the Company. In case of every ‘A’Ordinary share, if any resolution is put to vote on a poll or by postal ballot at any general meeting of shareholders,
the holder shall be entitled to one vote for every ten ‘A’ Ordinary shares held as per the terms of its issue and if a resolution is put to vote on a show of hands, the
holder of ‘A’Ordinary shares shall be entitled to the same number of votes as available to holders of Ordinary shares.
l
The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting. Further, the Board of
Directors may also announce an interim dividend. The holders of ‘A’ Ordinary shares shall be entitled to receive dividend for each financial year at five percentage
point more than the aggregate rate of dividend declared on Ordinary shares for that financial year.
l
In the event of liquidation, the shareholders are eligible to receive the remaining assets of the Company after distribution of all preferential amounts, in proportion
to their shareholdings.
NOTES FORMING PART OF FINANCIAL STATEMENTS
