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Shaping the future of software driven business

Report on Corporate Governance •

157

For shares transferred in electronic form, after confirmation of sale/purchase transaction from the broker, shareholders should

approach the depository participant with a request to debit or credit the account for the transaction. The depository participant

will immediately arrange to complete the transaction by updating the account. There is no need for separate communication

to register the share transfer.

xiv. Distribution of shareholding as on March 31, 2019

Shareholding of

nominal value

Shareholders

Percentage% Nominal value of

Equity Shares (in

`

)

Percentage holding

1 – 5000

53,006

94.1894

34,206,930

4.2957

5001 - 10000

1,429

2.5393

10,674,580

1.3405

10001 – 20000

672

1.1941

9,964,260

1.2513

20001 – 30000

272

0.4833

6,798,610

0.8538

30001 – 40000

150

0.2665

5,320,090

0.6681

40001 – 50000

104

0.1848

4,730,860

0.5941

50001 – 100000

232

0.4123

16,858,920

2.1171

100001 and above

411

0.7303

707,757,240

88.8794

Total

56,276

100

796,311,490

100

xv. Shareholding pattern as on March 31, 2019

Sr.

No

Category of Shareholders

No. of

Shareholders

No. of Equity

Shares

Nominal Value

of Equity Shares

(in

`

)

Percentage

holding

1.

Promoters

2

22,846,340

228,463,400

28.69

2.

Promoters Group

6

1,530,825

15,308,250

1.92

3.

Institutions

a. Mutual Funds

12

14,560,052

145,600,520

18.28

b. Financial Institutions / Banks

6

1,253,860

12,538,600

1.57

c. Foreign Portfolio Investors

(Corporate)

172

16,647,012

166,470,120

20.91

d. Foreign Venture Capital

Investors

e. Foreign Company

1

366,862

3,668,620

0.46

f. Foreign National

4

17,300

173,000

0.02

g. Alternate Investment Funds

6

1,621,901

16,219,010

2.04

h. Central Government

4.

Non – institutions

a. Bodies Corporate

500

3,128,232

31,282,320

3.93

b. Individuals

50,898

13,961,129

139,611,290

17.53

c. Any other

i. NRI

1,848

1,140,301

11,403,010

1.42

ii. Trust

8

2,140,527

21,405,270

2.69

iii. Directors / Relatives

5

56200

56200

0.08

iv. Clearing Members

120

60,769

607,690

0.08

v. Hindu Undivided Families

1436

251,727

2,517,270

0.32

vi. IEPF

1

506

5,060

0.00

vii. NBFC

10

47,606

476,060

0.06

Total

55,035

79,631,149

796,311,490

100