Annual Report 2016-17

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Notes forming part of onancial statements (Contd.)
Annual Report 2016-17 • 251
a) Reconciliation of the shares outstanding at the beginning and at the end of the year
The reconciliation of the number of shares outstanding and the amount of share capital is set out below:
(In Million)
As at
March 31, 2017
As at
March 31, 2016
As at
April 1, 2015
No of shares Amount No of shares Amount No of shares Amount
Number of shares at the beginning
of the year
80.00 800.00 80.00 800.00 40.00 400.00
Add : Bonus shares issued - - - - 40.00 400.00
Number of shares at the end of
the year
80.00 800.00 80.00 800.00 80.00 800.00
b) Terms / rights attached to equity shares
The Company has only one class of equity shares having a par value of ` 10 per share. Each holder of equity
shares is entitled to one vote per share. The Company declares and pays dividends 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.
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) Aggregate number of bonus shares issued, shares issued for consideration other than cash and shares
bought back during the period of ove years immediately preceding the reporting date
For the period of
ove years ended
March 31, 2017
No in Million
For the period of ove
years ended
March 31, 2016
No in Million
For the period of ove
years ended
April 1, 2015
No in Million
Equity shares allotted on March 12, 2015 as fully paid
bonus shares by capitalization of securities premium
` 400 million
40.00 40.00 40.00
d) Details of shareholders holding more than 5% shares in the Company
Name of the shareholder* As at
March 31, 2017
As at
March 31, 2016
As at
April 1, 2015
No. in
million
%
Holding
No. in
million
%
Holding
No. in
million
%
Holding
Dr. Anand Deshpande jointly with Mrs. Sonali Anand
Deshpande
22.93 28.66 22.92 28.65 22.92 28.65
Mr. Suresh Deshpande jointly with Mrs. Sulabha
Suresh Deshpande
0.85 1.07 7.80 9.75 7.84 9.81
Saif Advisors Mauritius /imited 4.27 5.33 4.27 5.33 4.27 5.33
PSP/ ESOP Management Trust 3.24 4.05 3.73 4.66 4.60 5.75
* The shareholding information is based on legal ownership of shares and has been extracted from the records of the
Company including register of shareholders / members