Investors e-Auction Annual Report
2013-2014
Annual Report Subsidiary Cos Press Release
 
Mukand Ltd., registered under The Companies Act, 1956, is a widely-held public limited company with over 49,700 equity shareholders and over 45,600 cumulative preference shareholders. The Company is listed on The Stock Exchange, Mumbai and on the National Stock Exchange of India Limited.
       
   
 
       
   
  10 lakhs = 1 million    
       
MUKAND LIMITED;
Regd. Office : Bajaj Bhawan, Jamnalal Bajaj Marg, 226, Nariman Point, Mumbai 400 021
STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE NINE MONTHS AND QUARTER ENDED DECEMBER 31,2014
 Part - I           Rs. in lakhs
  Particulars Quarter ended Nine months ended Year ended
  31-Dec-14 30-Sep-14 31-Dec-13 31-Dec-14 31-Dec-13 31-Mar-14
    Unaudited Unaudited Unaudited Unaudited Unaudited Audited
        
(1) INCOME FROM OPERATIONS            
        
a) Gross Sales 78,888.50 84,266.36 67,875.49 237,941.77 201,882.80 278,702.87
  Less : Excise Duty Recovered 7,579.42 8,478.89 6,292.35 23,529.35 19,591.94 27,259.75
  Net Sales 71,309.08 75,787.47 61,583.14 214,412.42 182,290.86 251,443.12
b) Other Operating Income 471.18 596.49 412.08 1,589.92 1,872.12 2,513.38
  Total Income from Operations 71,780.26 76,383.96 61,995.22 216,002.34 184,162.98 253,956.50
        
(2) EXPENSES            
a) Cost of materials consumed 34,496.54 36,038.98 35,706.75 105,582.05 96,594.33 131,564.71
b) Purchase of Stock in Trade (1.75) 58.68 1,386.58 82.10 1,386.58 2,897.36
c) Changes in inventories of finished goods and work-in-progress (3,998.46) (1,043.75) (9,807.58) (8,996.43) (13,564.33) (17,583.98)
d) Stores, Spares, Components, Tools, etc. consumed 10,219.57 11,419.06 10,672.31 32,077.99 30,724.55 41,438.23
e) Power & Fuel 5,083.24 4,810.32 5,427.27 14,945.58 15,304.97 20,382.28
f) Employee benefits expense 3,963.11 3,748.83 3,718.49 11,481.86 10,688.79 14,552.67
g) Foreign Exchange (Gain)/Loss (net) 646.47 788.22 179.19 1,935.47 3,667.90 3,902.75
h) Depreciation and Amortisation expenses 1,875.41 1,849.15 1,670.52 5,569.70 4,959.15 6,704.09
i) Other Expenditure 11,933.29 11,939.54 9,456.82 33,973.39 27,232.03 38,766.81
  Total Expenses 64,217.42 69,609.03 58,410.35 196,651.71 176,993.97 242,624.92
(3) Profit/(Loss) from Operations before Other Income , Finance Costs, & Net Exceptional income/ (Expenditure) 7,562.84 6,774.93 3,584.87 19,350.63 7,169.01 11,331.58
(4) Other Income [Refer Note 3] 192.55 345.44 2,297.27 1,857.60 2,890.97 3,330.59
(5) Profit/(Loss) from Ordinary Activities before Finance Costs & Net Exceptional income/ (Expenditure) 7,755.39 7,120.37 5,882.14 21,208.23 10,059.98 14,662.17
(6) Less : Finance Costs (net) 6,962.93 6,572.94 6,319.84 19,496.23 18,182.87 24,388.96
(7) Profit / (Loss) from ordinary activities before Net Exceptional income / (Expenditure) 792.46 547.43 (437.70) 1,712.00 (8,122.89) (9,726.79)
(8) Net Exceptional Income / (Expenditure) [Refer Note 4] (311.29) (311.29) (1,086.29) (933.87) (1,114.28) (2,544.31)
(9) Profit / (Loss) before Tax 481.17 236.14 (1,523.99) 778.13 (9,237.17) (12,271.10)
(10) Tax Expense 129.43 61.65 (192.89) 212.73 (1,314.89) (3,469.74)
(11) Profit / (Loss) after Tax 351.74 174.49 (1,331.10) 565.40 (7,922.28) (8,801.36)
               
               
  MUKAND LIMITED           Rs. in lakhs
    Quarter ended Nine months ended Year ended
    31-Dec-14 30-Sep-14 31-Dec-13 31-Dec-14 31-Dec-13 31-Mar-14
    Unaudited Unaudited Unaudited Unaudited Unaudited Audited
               
(12) Paid-up Equity Share Capital (Face value Rs 10/- per share) 14,141.74 14,141.74 7,312.57 14,141.74 7,312.57 14,141.74
               
(13) Reserves (excluding Revaluation Reserve)           32,480.15
               
(14) Earnings per Share (EPS) - Rs 0.00 0.00 0.00 0.00 0.00 0.00
  Basic and Diluted EPS (in Rs.)            
  - Including exceptional items 0.25 0.12 (1.82) 0.40 (10.84) (11.54)
  - Excluding exceptional items 0.47 0.34 (0.33) 1.06 (9.31) (8.20)
               
               
  Part - II            
               
A PARTICULARS OF SHAREHOLDING            
               
(1) Public Shareholding            
  Number of Shares 37,674,853 37,674,853 33,394,687 37,674,853 33,394,687 37,674,853
  Percentage of Shareholding 26.64% 26.64% 45.67% 26.64% 45.67% 26.64%
               
(2) Disclosure in respect of pledged shares of Promoters and Promoter Group            
               
  Shares held by Promoters & Promoter Group - Nos. (A) 103,731,008 103,731,008 39,719,442 103,731,008 39,719,442 103,731,008
  Percentage of Total Share Capital 73.36% 73.36% 54.33% 73.36% 54.33% 73.36%
  Pledged / Encumbered - No. of Shares 40,442,751 29,767,790 14,377,431 40,442,751 14,377,431 16,090,431
  Percentage of Total Share Capital 28.60% 21.05% 19.66% 28.60% 19.66% 11.38%
  Percentage of (A) 38.99% 28.70% 36.20% 38.99% 36.20% 15.51%
               
  Non Encumbered - No. of Shares 63,288,257 73,963,218 25,342,011 63,288,257 25,342,011 87,640,577
  Percentage of Total Share Capital 44.76% 52.31% 34.67% 44.76% 34.67% 61.98%
  Percentage of (A) 61.01% 71.30% 63.80% 61.01% 63.80% 84.49%
               
               
    Quarter ended          
    31-Dec-14          
               
B INVESTOR COMPLAINTS            
               
  Pending at the beginning of the quarter Nil          
  Received during the quarter 13          
  Disposed off during the quarter 13          
  Remaining unresolved at the end of the quarter Nil          
               
               
  MUKAND LIMITED           Rs. in lakhs
    Quarter ended Nine months ended Year ended
    31-Dec-14 30-Sep-14 31-Dec-13 31-Dec-14 31-Dec-13 31-Mar-14
    Unaudited Unaudited Unaudited Unaudited Unaudited Audited
  SEGMENT REVENUE (net of Excise Duty)            
        
1) Steel 68,374.01 72,026.75 59,089.37 204,294.27 172,962.24 237,067.95
        
2) Power Generation 880.30 1,150.40 1,285.17 2,857.93 3,451.52 4,548.57
        
3) Industrial Machinery 3,436.59 4,489.54 2,997.79 11,777.97 11,470.93 16,500.24
        
4) Road Construction 0.20 0.00 0.05 125.11 128.91 940.66
        
  Sub-total 72,691.10 77,666.69 63,372.38 219,055.28 188,013.60 259,057.42
        
  Less : Inter Segment Revenue (910.84) (1,282.73) (1,377.16) (3,052.94) (3,850.62) (5,100.92)
        
  Total Segment Revenue (net of Excise Duty) 71,780.26 76,383.96 61,995.22 216,002.34 184,162.98 253,956.50
        
  SEGMENT RESULT           0.00
        
1) Steel 7,156.63 5,690.08 1,837.78 16,430.40 1,759.77 4,297.72
        
2) Power Generation 714.21 1,006.11 1,167.70 2,414.52 3,083.00 4,075.86
        
3) Industrial Machinery (2.33) 374.82 1,060.96 1,331.73 3,653.34 4,674.59
        
4) Road Construction (51.50) (47.62) (169.39) (106.84) (503.32) (673.03)
        
  Less : Inter segment margin (2.50) (17.92) (9.89) (20.42) (52.22) (73.83)
        
  Total Segment Result 7,814.51 7,005.47 3,887.16 20,049.39 7,940.57 12,301.31
        
  Add / (Less) :       
        
  Other net un-allocable :       
  Income 192.55 345.44 2,297.27 1,857.60 2,890.97 3,330.60
Expenditure 251.67 230.54 302.29 698.76 771.56 969.74
  Other net un-allocable (expenditure) / income (59.12) 114.90 1,994.98 1,158.84 2,119.41 2,360.86
        
  Profit /(Loss) before Finance costs 7,755.39 7,120.37 5,882.14 21,208.23 10,059.98 14,662.17
        
  Less : Finance costs (net) 6,962.93 6,572.94 6,319.84 19,496.23 18,182.87 24,388.96
        
  Net Exceptional - Income / (Expenditure) (311.29) (311.29) (1,086.29) (933.87) (1,114.28) (2,544.31)
        
  Profit / (Loss) before tax 481.17 236.14 (1,523.99) 778.13 (9,237.17) (12,271.10)
        
  Capital Employed as on 31-Dec-14 30-Sep-14 31-Dec-13 31-Dec-14 31-Dec-13 31-Mar-14
        
1) Steel 357,284.50 348,999.23 330,407.08 357,284.50 330,407.08 336,671.76
2) Power Generation 4,366.89 4,472.30 4,603.00 4,366.89 4,603.00 4,622.01
3) Industrial Machinery 52,948.83 53,909.49 49,902.76 52,948.83 49,902.76 51,545.15
4) Road Construction 12,839.17 13,381.05 13,802.74 12,839.17 13,802.74 13,624.87
5) Unallocable (net) (215,208.97) (208,397.35) (195,317.13) (215,208.97) (195,317.13) (193,262.60)
        
  Total Net Capital Employed 212,230.42 212,364.72 203,398.45 212,230.42 203,398.45 213,201.19
 

Notes:

  1. Pursuant to the Companies Act, 2013 (the Act), becoming effective from 1st April 2014, the Company has reworked depreciation with reference to estimated useful life of fixed assets prescribed under Schedule-II to the Act or useful life of fixed assets as per technical evaluation. As a result, the charge for depreciation is higher by Rs.109 Lakhs for the quarter ended 31st December 2014. Further, based on transitional provision in Note 7(b) of Schedule-II, an amount of Rs.831 Lakhs (net of deferred tax) has been adjusted on 30th June 2014 against the retained earnings.
  2. Management's response to the observations of the auditors on the financial statements for the year ended 31.03.2014 :
  3. a
    Advances due from and investments made in Vidyavihar Containers Limited (VCL), aggregating Rs. 6,713 Lakhs as at 31st March 2014 now stand at Rs. 5,213 Lakhs as at 31st December 2014. The Company, barring unforeseen circumstances, relies upon the estimation of future realizable values of the financial assets of VCL to recover its Exposures;
       
    b
    As regards investments made in Mukand Global Finance Limited (MGFL), aggregating Rs.2,625 Lakhs, the recovery is dependent upon realization of the financial assets that MGFL stands invested into at the close of the year and future earnings from the business activities of MGFL. The management considers the 'Exposure' to be 'Good' and adequately covered. Any ultimate shortfall if any, in the realization is not determinable at present.
       
    c
    The investments in and debts / advances due from Bombay Forgings Limited (BFL), which stood at Rs.7,990 Lakhs as at 31.03.2014 has increased to Rs.8,826 Lakhs as at 31.12.2014 due to supplies on credit. Recovery towards these supplies will be made on due dates. The management, considering its long term view on the 'Exposures', relies upon the valuation of unencumbered fixed assets of BFL as at 31st March, 2014 which is at Rs.7,034 Lakhs. It further relies upon the value of current assets and future earnings from the ongoing business of BFL. The management considers the balance 'Exposures' to be 'Good' at the close of the quarter and adequately covered and barring unforeseen circumstances expects full realisability of the same in future.
       
    d
    Debts / advances recoverable from Stainless India Limited (SIL), which aggregated Rs.730 Lakhs as at 31st March 2014, has remained at Rs.730 Lakhs as at 31.12.2014. The management relies upon the realization from Land of SIL. The management considers the balance 'Exposures' to be 'Good' at the close of the Quarter and adequately covered and barring unforeseen circumstances expects full realisability of the same in future.
       
    e
    The Company in previous years executed road construction projects in the state of Uttar Pradesh with National Highway Authority of India (NHAI) along with Centrodorstroy (CDS), Russia. The exposure on this account as at 31.03.2014 aggregated Rs.13,478 Lakhs and is now at Rs.12,681 Lakhs as at 31.12.2014. The outcome of the Road Construction activity cannot be estimated with certainty at present. The amount of total claims with NHAI now aggregates Rs.24,568 Lakhs (as at 31.03.2014, Rs.22,528 Lakhs). Bulk of these claims are now being processed at various appellate fora. It is the opinion of the management that in view of the substantially large claims to be settled progressively over a period of next 2 to 3 years, losses currently expected are already recognized till the close of the quarter.
       
  4. Other income for the nine months ended 31st December 2014 of Rs.1,858 Lakhs includes surplus amounting to Rs.1,099 Lakhs on sale of part of Office premises as compared to Rs.2,891 Lakhs for nine months ended 31st December'2013 which included surplus amounting to Rs.1,844 Lakhs on sale of residential premises.
  5. Net Exceptional Expenditure of Rs.311 Lakhs represents proportionate charge for the Quarter of Adhoc amount payable to CDR Lenders. During June 2013, the Company arrived at settlement with the Corporate Debt Restructuring members for an adhoc amount of Rs.2,490 Lakhs payable in monthly installments till the maturity of the loans without any further interest thereon. This settlement was arrived at under recompense clause of CDR scheme.
  6. The Board of Directors of the Company in its meeting held on 22nd December, 2014 has decided to hive off Company's alloy steel business to a subsidiary subject to necessary approvals. In this regard, Company has sent a notice dated 22nd December, 2014 to shareholders. The Company expects results of a postal ballot by 18th February, 2015.
  7. Figures in respect of previous year / quarter have been regrouped / recast wherever necessary.
  8. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 11th February, 2015. Statutory Auditors have carried out a "Limited Review" of the financial results shown above.
 
By Order of the Board of Directors
For Mukand Ltd.,
Niraj Bajaj
Chairman & Managing Director
Rajesh V. Shah
Co-Chairman & Managing Director
Place : Mumbai
Date : 11th February, 2015
 
Name of the Company: MUKAND LIMITED
Scrip Code (BSE)- 500460
Name of the scrip : MUKANDLTD
Class of security : EQUITY SHARES
Quarter Ended: 31st Dec, 2014
Statement Showing Shareholding Pattern
Table (I)(a)

Category
code

Category of
Shareholder
  Total number
of shares
Number of shares held in dematerialized form Total shareholding as a percentage of total number of shares Shares Pledged or otherwise encumbered
          As a percentage of(A+B)1 As a percentage of (A+B+C) Number of shares As a percentage
(I) (II) (III) (IV) (V) (VI) (VII) (VIII) (IX)= (VIII)/(IV)*100
(A) Shareholding of Promoter and Promoter Group2              
1 Indian              
(a) Individuals/ Hindu Undivided Family 22 41263703 41263703 29.18 29.18 22265996 53.96
(b) Central Government/ State Government(s) 0 0 0 0.00 0.00 0 0.00
(c) Bodies Corporate 19 62467305 62467305 44.18 44.18 18176755 29.10
(d) Financial Institutions/ Banks 0 0 0 0.00 0.00 0 0.00
(e) Any Others(Specify) 0 0 0 0.00 0.00 0 0.00
(e-i)   0 0 0 0.00 0.00 0 0.00
(e-ii)   0 0 0 0.00 0.00 0 0.00
                 
                 
  Sub Total(A)(1) 41 103731008 103731008 73.36 73.36 40442751 38.99
                 
2 Foreign              
a Individuals (Non-Residents Individuals/
Foreign Individuals)
0 0 0 0.00 0.00 0 0.00
b Bodies Corporate 0 0 0 0.00 0.00 0 0.00
c Institution 0 0 0 0.00 0.00 0 0.00
d Qualified Foreign Investor 0 0 0 0.00 0.00 0 0.00
e Any Others(Specify) 0 0 0 0.00 0.00 0 0.00
e-i   0 0 0 0.00 0.00 0 0.00
e-ii   0 0 0 0.00 0.00 0 0.00
                 
  Sub Total(A)(2) 0 0 0 0.00 0.00 0 0.00
                 
                 
  Total Shareholding of Promoter and Promoter Group (A)= (A)(1)+(A)(2) 41 103731008          
                 
(B) Public shareholding              
1 Institutions              
(a) Mutual Funds/ UTI 7 6007 5006 0.00 0.00 0 0.00
(b) Financial Institutions/ Banks 38 101095 96950 0.07 0.07 0 0.00
(c) Central Government/ State Government(s) 0 0 0 0.00 0.00 0 0.00
(d)  Venture  Capital Funds  0 0 0 0.00 0.00 0 0.00
(e) Insurance Companies 3 7244583 7244583 5.12 5.12 0 0.00
(f) Foreign Institutional Investors 10 30963 0 0.02 0.02 0 0.00
(g) Foreign Venture Capital Investors 0 0 0 0.00 0.00 0 0..00
(h) Qualified Foreign Investor 0 0 0 0.00 0.00 0 0..00
(i) Any Other (specify) 0 0 0 0.00 0.00 0 0..00
(i-ii)         0.00 0.00 0 0..00
(i-ii)                
                 
  Sub-Total (B)(1) 58 7382648 7346539 5.22 5.22 0 0.00
                 
                 
B 2 Non-institutions              
(a) Bodies Corporate 648 9935841 9492978 7.03 7.03 0 0.00
(b) Individuals              
I i. Individual shareholders holding nominal share capital up to Rs 1 lakh 42765 10422236 9480824 7.37 7.37 0 0.00
II ii. Individual shareholders holding nominal   share capital in excess of Rs. 1 lakh. 219 9291048 9120980 6.57 6.57 0 0.00
(c) Qualified Foreign Investor 0 0 0 0.00 0.00 0 0.00
(d) Any Other (specify) 0 0 0 0.00 0.00    
(d-i) Clearing Members 69 34394 34394 0.02 0.02 0 0.00
(d-ii) NRI's 233 608686 597734 0.43 0.43 0 0.00
                 
  Sub-Total (B)(2) 43934 30292205 28726910 21.42 21.42 0 0.00
                 
                 
(B) Total         Public Shareholding (B)= (B)(1)+(B)(2) 43992 37674853 36073449 26.64 26.64 0 0.00
                 
  TOTAL (A)+(B) 44033 141405861 139804457 100.00 100.00 40442751 28.60
                 
(C) Shares  held  by Custodians and against     which Depository Receipts have been issued              
1 Promoter and Promoter Group  0 0 0   0.00 0 0.00
2 Public  0 0 0   0.00 0 0.00
  Sub-Total (C ) 0 0 0   0.00 0 0.00
                 
  GRAND TOTAL (A)+(B)+(C) 44033 141405861 139804457   100.00 40442751 28.60
 
Introductory sub-table (I)(a)
Name of the Company: MUKAND LIMITED
Scrip Code, Name of the scrip, class of security: 500460 (BSE), MUKANDLTD (NSE) -     ISIN : INE304A01026
Quarter Ended : 31st Dec, 2014
   
Partly paid-up shares:-  No. of partly paid-up shares As a %  of total  no. of  partly  paid-up shares  As  a % of  total  no. of  shares  of  the company 
   
Held  by promoter/promoter group 0 0.00 0.00
Held by public 0 0.00 0.00
       
Total  0 0.00 0.00
   
   
Outstanding convertible securities:- No. of outstanding securities As a % of  total no. of  outstanding convertible securities As  a %  of  total  no. of  shares  of  the company, assuming full conversion  of the  convertible securities
   
   
Held  by promoter/promoter group  0 0.00 0.00
Held by public  0 0.00 0.00
       
Total  0 0.00 0.00
   
   
Warrants:-  No. of warrants  As  a  %  of  total  no.
of warrants
As  a %  of  total no. of  shares  of  the company, assuming full  conversion of warrants
   
Held by promoter/promoter group  0 0.00 0.00
Held by public  0 0.00 0.00
       
Total  0 0.00 0.00
   
Total  paid-up  capital of  the  company, assuming  full
conversion  of warrants  and
convertible securities
141405861   100.00
 
(I)(b) Statement showing holding of securities (including shares, warrants, convertible securities) of persons belonging to the
category “Promoter and Promoter Group”
Sr. No. Name of the shareholder Details of Shares held Encumbered shares (*) Details of warrants Details of convertible
securities
Total shares (including underlying shares
assuming full conversion of warrants and convertible securities) as a % of diluted share capital
Number of shares held As
a %
of
grand
total
(A)
+(B)
+ (C)
No. As a % As a % of grand total (A)+ (B)+ (C) of sub-clause (I)(a ) Number of
warrants
held
As a %
total
number of
warrants
of the
same
class
Number of
convertible
securities
held
As a %
total
number of
convertible
securities
of the same
class
 
(I) (II) (III) (IV) (V) (VI)=
(V)/ (III)*
100
(VII) (VIII) (IX) (X) (XI) (XII)
1 Shri Rahul Bajaj 712044 0.50 0 0.00 0.00 0 0.00 0 0.00 0.50
2 Shri Niraj Bajaj 12876956 9.11 0 0.00 0.00 0 0.00 0 0.00 9.11
3 Shri Rajesh V Shah 7200842 5.09 7200842 100.00 5.09 0 0.00 0 0.00 5.09
4 Shri Suketu V Shah  7169018 5.07 7133736 99.51 5.04 0 0.00 0 0.00 5.07
5 Shri Sanjivnayan Bajaj 1787 0.00 0 0.00 0.00 0 0.00 0 0.00 0.00
6 Shri Shekhar Bajaj 733000 0.52 0 0.00 0.00 0 0.00 0 0.00 0.52
7 Shri Madhur Bajaj 706200 0.50 0 0.00 0.00 0 0.00 0 0.00 0.50
8 Shri Anant Bajaj 86400 0.06 0 0.00 0.00 0 0.00 0 0.00 0.06
9 Smt Minal Bajaj 192000 0.14 0 0.00 0.00 0 0.00 0 0.00 0.14
10 Smt Sunaina Kejriwal 1363 0.00 0 0.00 0.00 0 0.00 0 0.00 0.00
11 Smt Suman Jain 3744 0.00 0 0.00 0.00 0 0.00 0 0.00 0.00
12 Smt Anjana Viren Shah ( Nee Anjana Munsif ) 30634 0.02 0 0.00 0.00 0 0.00 0 0.00 0.02
13 Shri Narendrakumar J Shah 99605 0.07 0 0.00 0.00 0 0.00 0 0.00 0.07
14 Smt Jyoti Shah 21117 0.01 0 0.00 0.00 0 0.00 0 0.00 0.01
15 Smt Bansri Rajesh Shah  3431542 2.43 3370042 98.21 2.38 0 0.00 0 0.00 2.43
16 Smt Czaee Sukumar Shah 4057212 2.87 3505330 86.40 2.48 0 0.00 0 0.00 2.87
17 Priyaradhika Rajesh Shah 960046 0.68 960046 100.00 0.68 0 0.00 0 0.00 0.68
18 Shri Kaustubh Rajesh Shah 96000 0.07 96000 100.00 0.07 0 0.00 0 0.00 0.07
19 Shri Rishabh Sukumar Vir  191138 0.14 0 0.00 0.00 0 0.00 0 0.00 0.14
20 Bajaj Auto Employees Welfare Funds  2245592 1.59 0 0.00 0.00 0 0.00 0 0.00 1.59
21 Shekharkumar Ramkrishnaji Bajaj (BELEWF) 121422 0.09 0 0.00 0.00 0 0.00 0 0.00 0.09
22 Shri Surendra Bhaichand Jhaveri (Mukand EWF) 326041 0.23 0 0.00 0.00 0 0.00 0 0.00 0.23
23 Akhil Investments & Traders Pvt Ltd 260 0.00 0 0.00 0.00 0 0.00 0 0.00 0.00
24 Bachhraj & Co Pvt Ltd 3350692 2.37 0 0.00 0.00 0 0.00 0 0.00 2.37
25 Bachhraj Factories Pvt Ltd 1378168 0.97 0 0.00 0.00 0 0.00 0 0.00 0.97
26 Bajaj Holdings & Investment Ltd 8113564 5.74 0 0.00 0.00 0 0.00 0 0.00 5.74
27 Bajaj Sevashram Pvt Ltd 2500160 1.77 0 0.00 0.00 0 0.00 0 0.00 1.77
28 Baroda Industries Pvt Ltd 14326616 10.13 0 0.00 0.00 0 0.00 0 0.00 10.13
29 Jamnalal Sons Pvt Ltd 26293322 18.59 12709926 48.34 8.99 0 0.00 0 0.00 18.59
30 Jeewan Limited  4785369 3.38 4785369 100.00 3.38 0 0.00 0 0.00 3.38
31 Mukand Engineers Ltd 1362400 0.96 681200 50.00 0.48 0 0.00 0 0.00 0.96
32 Niraj Holdings Pvt Ltd 8000 0.01 0 0.00 0.00 0 0.00 0 0.00 0.01
33 Kamalnayan Investment & Trading  Pvt Ltd 7000 0.00 0 0.00 0.00 0 0.00 0 0.00 0.00
34 Madhur Securities Pvt Ltd 7000 0.00 0 0.00 0.00 0 0.00 0 0.00 0.00
35 Rahul Securities Pvt Ltd 7000 0.00 0 0.00 0.00 0 0.00 0 0.00 0.00
36 Rupa Equities Private Limited 7000 0.00 0 0.00 0.00 0 0.00 0 0.00 0.00
37 Sanraj Nayan Investments  Pvt Ltd 3494 0.00 0 0.00 0.00 0 0.00 0 0.00 0.00
38 Shekhar Holdings Pvt Ltd 7000 0.00 0 0.00 0.00 0 0.00 0 0.00 0.00
39 Sidya Investments Ltd 160000 0.11 0 0.00 0.00 0 0.00 0 0.00 0.11
40 Valiant Investments & Trades Pvt Ltd 260 0.00 260 100.00 0.00 0 0.00 0 0.00 0.00
41 Bahar Mercantile Ltd 150000 0.11 0 0.00 0.00 0 0.00 0 0.00 0.11
                       
TOTAL 103731008 73.36 40442751 38.99 28.60 0 0.00 0 0.00 73.36
(*) The term “encumbrance” has the same meaning as assigned to it in regulation 28(3) of the SAST Regulations, 2011
 
(I)(c)(i) Statement showing holding of securities (including shares, warrants, convertible securities) of persons belonging to thecategory “Public” and holding more than 1% of the total number of shares
Sr. No. Name of the shareholder Number of shares held Shares as a percentage of total number of shares {i.e., Grand Total (A)+(B)+(C) indicated in Statement at para (I)(a) above} Details of warrants Details of convertible
securities
Total shares (including
underlying shares
assuming full
conversion of
warrants and
convertible securities)
as a % of diluted share
capital
Number of
warrants
held
As a %
total
number of
warrants of
the same
class
Number of
convertible
securities
held
% w.r.t total
number of
convertible
securities of
the same
class
1 LIFE INSURANCE CORPORATION OF INDIA 7228076 5.11 0 0.00 0 0.00 5.11
2 SHINANO RETAIL PRIVATE LIMITED 3579056 2.53 0 0.00 0 0.00 2.53
3 RAKESH SAJJAN GUPTA 2035980 1.44 0 0.00 0 0.00 1.44
                0.00
                0.00
TOTAL 12843112 9.08 0 0.00 0 0.00 9.08
 
Shareholding Pattern - Cl.35 -
Mukand Ltd.
Scrip Code (BSE)- 500460
Scrip Name (NSE)- MUKANDLTD
Qtr Ended - 31st Dec, 2014
 
(I)(c)(ii) Statement showing holding of securities (including shares, warrants, convertible securities) of persons (together withPAC) belonging to the category “Public” and holding more than 5% of the total number of shares of the company
Sr. No. Name(s) of the
shareholder(s) and
the Persons Acting in
Concert (PAC) with
them
Number
of shares
Shares as a percentage of
total number of shares
{i.e., Grand Total
(A)+ (B)+ (C) indicated in
Statement at para (I)(a)
above}
Details of warrants Details of convertible
securities
Total shares
(including
underlying
shares
assuming full
conversion of
warrants and
convertible
securities) as a
% of diluted
share capital
Number of
warrants
As a % total
number of
warrants of the
same class
Number of
convertible
securities
held
% w.r.t
total
number of
convertible
securities
of the same
class
1 LIFE INSURANCE CORPORATION OF INDIA 7228076 5.11 0 0.00 0 0.00 5.11
                 
                 
                 
                 
                 
                 
                 
                 
                 
                 
TOTAL 7228076 5.11 0 0.00 0 0.00 5.11
 
Shareholding Pattern - Cl.35 -
Mukand Ltd.
Shareholding Pattern - Cl.35 -
Mukand Ltd.
Qtr Ended - 31st Dec, 2014
 
(I)(d) Statement showing details of locked-in shares
Sr. No. Name of the shareholder Number of locked-in shares Locked-in shares as a percentage of total number of shares {i.e., Grand Total (A)+(B)+(C) indicated in Statement at para (I)(a) above}
1 NIL 0 0.00
       
       
       
       
       
       
       
       
       
       
TOTAL 0 0.00
 
Shareholding Pattern - Cl.35 -
Mukand Ltd.
Shareholding Pattern - Cl.35 -
Mukand Ltd.
Qtr Ended - 31st Dec, 2014
 
(II)(a) Statement showing details of Depository Receipts (DRs) 
Sr. No. Type of outstanding DR (ADRs, GDRs, SDRs, etc.) Number of outstanding
DRs 
Number of shares underlying outstanding DRs Shares underlying outstanding DRs as a percentage of total number of shares {i.e., Grand Total (A)+(B)+(C) indicated in Statement at para (I)(a) above}
1 NIL NIL 0 0.00
         
         
         
         
         
         
         
         
         
         
TOTAL 0 0 0.00
 
Shareholding Pattern - Cl.35 -
Mukand Ltd.
Shareholding Pattern - Cl.35 -
Mukand Ltd.
Qtr Ended - 31st Dec, 2014
 
(II)(b) Statement showing holding of Depository Receipts (DRs), where underlying shares heldby "promoter/promoter group" are in excess of 1% of the total number of shares
Sr. No. Name of the DR Holder Type of outstanding DR (ADRs, GDRs, SDRs, etc.) Number of shares
underlying outstanding  DRs 
Shares underlying outstanding DRs as a percentage of total number of shares {i.e., Grand Total (A)+(B)+(C) indicated in Statement at para (I)(a) above}
1 NIL NIL 0 0.00
         
         
         
         
         
         
         
         
         
         
TOTAL   0 0.00
 
(Concept and Content by Krishnan Nair )

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