Corporate Benefits

Dividend History

Equity Issuance History

Dividend History

(Rupees in lacs)

Year	Paid up Capital	Dividend / Dividend Tax	Dividend on Ordinary Shares (%)
1989-90	396.73	99.18	25
1990-91	488.34	119.49	27
1991-92	534.14	160.24	30
1992-93	641.65	205.76	35
1993-94	749.16	278.16	40
1994-95	1223.74	406.45	35
1995-96	1223.74	428.31	35
1996-97	1223.74	605.75	45
1997-98	1243.13	615.35	45
1998-99	1243.13	689.94	50
1999-00	1641.01	1507.41	60
2000-01	1641.01	1085.03	60
2001-02	1969.18	1085.03	60
2002-03	2297.36	1181.51	60
2003-04	2297.36	2617.62	101
2004-05	2297.36	3148.25	120
2005-06	3446.04	4715.21	120
2006-07	3446.04	6047.54	150
2007-08	3446.04	6047.54	150
2008-09	3446.04	6047.54	150
2009-10	4823.71	7256.39	150
2010-11	4823.71	8999.78	160
2011-12	5509.53	13446.96	210*
2012-13	5509.53	10313.4	160
2013-14	5509.53	10957.99	170
2014-15	5509.53	11272.94	170
2015-16	5509.53	11272.94	170
2016-17	5509.53	11936.05	180
2017-18	5509.53	13284.03	200**
2018-19	5059.53	12199.06	200
2019-20	5059.53	9107.15	180

*including Platinum Jubliee Dividend of 50%

**including Special Dividend 20%

Equity Issuance History

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
1985-86	23,40,540		2,34,054 Ordinary Shares of Rs.100/- each on 1.4.1986 (Each share sub-divided into 10 shares of Rs.10/- each in 1987)
1987-88	8,33,330	10/-	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
1987-88	7,93,467		Issue of Bonus Shares in the ratio of 1:4 Entitled to full dividend.
1990-91	9,16,072	30/-	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
1991-92	4,58,036	40/-	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.
1992-93	10,75,084	45/-	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.
1993-94	10,75,084	45/-	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.
1994-95	37,45,806		Issue of Bonus Shares in the ratio of 1:2 Entitled to full dividend
1994-95	10,00,000	325/-	Preferential allotment (Private Placement) on 15.11.1994. Entitled to pro-rata dividend from 15.11.1994
1998-99	1,93,886	10/-	Shares allotted on 1.9.1998 on amalgamation of Investa Ltd. Entitled to full dividend for the financial year.
2000-2001	39,78,761	10/-	Shares allotted on amalgamation of Varuna Investments Ltd. Entitled to full dividend for the financial year.
2001-2002	32,81,763	40/-	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
2002-2003	32,81,763	40/-	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
2005-2006	1,14,86,796		Issue of Bonus shares in the ratio of 1:2 Entitled to full dividend
2009-2010	1,37,76,686	650/-	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
2011-2012	68,58,222		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 31.3.1986	23,40,540	4.25
On conversion of debentures issued on Rights basis	2,46,97,818	44.82
Bonus Shares issued	1,60,26,069	29.09
Issued to Shareholders of Investa / Varuna	41,72,647	7.57
Issued on private placement of shares	10,00,000	1.82
Allotted upon exercise of warrants	68,58,222	12.45
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	5,50,95,296	100
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