Atul Ltd 2020-21

120 Atul Ltd | Annual Report 2020-21 ( ` cr) Note 13 Equity share capital As at March 31, 2021 As at March 31, 2020 Authorised 8,00,00,000 (March 31, 2020: 8,00,00,000) equity shares of ` 10 each 80.00 80.00 80.00 80.00 Issued 2,96,17,098 (March 31, 2020: 2,96,91,780) equity shares of ` 10 each 29.62 29.69 29.62 29.69 Subscribed 2,95,87,051 (March 31, 2020: 2,96,61,733) equity shares of ` 10 each, fully paid 29.59 29.66 29,991 (March 31, 2020: 29,991) Add: forfeited shares (amount paid-up) 0.02 0.02 29.61 29.68 a) Rights, preferences and restrictions: The Company has one class of shares referred to as equity shares having a par value of ` 10 each. i) Equity shares: I n the event of liquidation of the Company, the holders of equity shares will be entitled to receive any of the remaining assets of the Company, after distribution of all preferential amounts and preference shares, if any. The distribution will be in proportion to the number of equity shares held by the shareholders. Each holder of equity shares is entitled to one vote per share. ii) Dividend: T he Company declares and pays dividend in Indian rupees. The dividend proposed by the Board is subject to the approval of shareholders in the ensuing Annual General Meeting, except in case of interim dividend. b) Shares reserved for allotment at a later date: 56 equity shares are held in abeyance due to disputes at the time of earlier rights issues. c) Details of shareholders holding more than 5% of equity shares: No. Name of the shareholder As at March 31, 2021 As at March 31, 2020 Holding % Number of shares Holding % Number of shares 1. Aagam Holdings Pvt Ltd 22.48% 66,54,000 22.42% 66,50,700 2. Arvind Farms Pvt Ltd 9.45% 27,96,208 9.43% 27,96,208 3. HDFC Trustee Company Ltd 5.67% 16,76,755 7.15% 21,21,942 4. DSP Midcap Fund 5.23% 15,47,441 - - d) Reconciliation of the number of shares outstanding and the amount of equity share capital: Particualrs As at March 31, 2021 As at March 31, 2020 Number of shares ` cr Number of shares ` cr Balance as at the beginning of the year 1 2,96,91,724 29.68 2,96,91,724 29.68 Less: Buy-back of equity shares (refer Note 28.18) 74,682 0.07 - - Balance as at the end of the year 1 2,96,17,042 29.61 2,96,91,724 29.68 1 Includes 29,991 forfeited shares and amount of ` 0.02 cr