CORPORATE BENEFITS

(Rupees in lacs)

YearPaid up CapitalDividend / Dividend TaxDividend on Ordinary Shares (%)
1989-90396.7399.1825
1990-91488.34119.4927
1991-92534.14160.2430
1992-93641.65205.7635
1993-94749.16278.1640
1994-951223.74406.4535
1995-961223.74428.3135
1996-971223.74605.7545
1997-981243.13615.3545
1998-991243.13689.9450
1999-001641.011507.4160
2000-011641.011085.0360
2001-021969.181085.0360
2002-032297.361181.5160
2003-042297.362617.62101
2004-052297.363148.25120
2005-063446.044715.21120
2006-073446.046047.54150
2007-083446.046047.54150
2008-093446.046047.54150
2009-104823.717256.39150
2010-114823.718999.78160
2011-125509.5313446.96210*
2012-135509.5310313.4160
2013-145509.5310957.99170
2014-155509.5311272.94170
2015-165509.5311272.94170
2016-175509.5311936.05180
2017-18 5509.5313284.03200**
2018-195059.5312199.06200
 
*including Platinum Jubliee Dividend of 50%
**including Special Dividend 20%

Increase in Ordinary Share Capital – 1-4-1986 to 31.3.2016

Year

No. of shares issued

Issue Price per share Rs.

D  e  t  a  I   l  s

1985-8623,40,5402,34,054 Ordinary Shares of Rs.100/- each on 1.4.1986
(Each share sub-divided into 10 shares of Rs.10/- each in 1987)
1987-888,33,33010/-Partly Convertible Debentures issued in the ratio of 1:3
Part ‘A’ of Rs.100/- converted into one equity share of Rs.100/- (sub-divided into 10 shares of Rs.10/-) on 1.4.1987   –   Entitled to full dividend from 1.4.1987
1987-887,93,467–Issue of Bonus Shares  in the ratio of 1:4  –   Entitled to full dividend.
1990-919,16,07230/-Fully Convertible Debentures in the ratio of 1:10
Part ‘A’ of Rs.60/- converted into 2 equity shares of Rs.10/- on 1.10.1990 at a cost of Rs.30/- per share.  Entitled to pro-rata dividend from 1.10.1990
1991-924,58,03640/-Conversion of Part ‘B’ of debentures into one equity share of Rs.10/- at a price of Rs.40/- per share.  Entitled to pro-rata dividend from 1.10.1991. 
1992-9310,75,08445/-Issue of Fully Convertible Debentures in the ratio of 1:5 
Part ‘A’ converted into one equity share of Rs.10/- at a price of Rs.45/- per share  –   Entitled to pro-rata dividend from 1.10.1992.
1993-9410,75,08445/-Part ‘B’ converted into one equity share of Rs.10/- at a price of Rs.45/- per share  –  Entitled to pro-rata dividend from 1.10.1993.
1994-9537,45,806–Issue of Bonus Shares in the ratio of 1:2  –  Entitled to full dividend
1994-9510,00,000325/-Preferential allotment (Private Placement) on 15.11.1994.  Entitled to pro-rata dividend from 15.11.1994
1998-991,93,88610/-Shares allotted on 1.9.1998 on amalgamation of Investa Ltd.   Entitled to full dividend for the financial year.
2000-200139,78,76110/-Shares allotted on amalgamation of Varuna Investments Ltd.   Entitled to full dividend for the financial year.
2001-200232,81,76340/-Issue of Partly Convertible Debentures in the ratio of 1:5.
Part ‘A’ converted into one equity share of Rs.10/- at a price of Rs.40/-  Entitled to dividend for the financial year commencing 1.4.2002
2002-200332,81,76340/-Part ‘B’ converted into one equity share of Rs.10/- at a price of Rs.40/-  Entitled to dividend for the financial year commencing 1.4.2003
2005-20061,14,86,796–Issue of Bonus shares in the ratio of 1:2 – Entitled to full dividend
2009-20101,37,76,686650/-Issue of Fully Convertible Zero Coupon Convertible Bonds in the ratio of 1:5
Part A of Rs.300/- converted into one equity share of Rs.10/- on 1.8.2009
Part B of Rs.350/- converted into one equity share of Rs.10/- on 31.3.2010
2011-201268,58,222–Ordinary shares of Rs.10/-each allotted at a premium of Rs.390 per share upon exercise of warrants by warrant holders at a conversion price of Rs.400 per warrant.
—————–
5,50,95,296
—————–
—————–

S U M M A R Y

Details

No. of shares

%

Ordinary Capital as on 31.3.198623,40,5404.25
On conversion of debentures issued on Rights basis2,46,97,81844.82
Bonus Shares issued1,60,26,06929.09
Issued to Shareholders of Investa / Varuna41,72,6477.57
Issued on private placement of shares10,00,0001.82
Allotted upon exercise of warrants68,58,22212.45
—————–—————
5,50,95,296100
—————–—————–