e-Auction Annual Report
2010-2011		 Annual Report Subsidiary Cos FIXED DEPOSIT 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
STANDALONE  FINANCIAL RESULTS FOR HALF YEAR ENDED SEPTEMBER 30,2011
    Rs. in lakhs
    Quarter ended Six months ended Year ended
  Particulars 30-Sep-11 30-Sep-10 30-Sep-11 30-Sep-10 31-Mar-11
    Unaudited Unaudited Unaudited Unaudited Audited
(1) INCOME          
  Net Sales and Other Operating Income          
a) Gross Sales 63,703.45 64,712.99 137,076.18 125,687.99 276,159.85
  Less : Excise Duty Recovered 5,429.18 5,800.35 11,864.52 11,305.10 24,131.48
  Net Sales  58,274.27 58,912.64 125,211.66 114,382.89 252,028.37
b) Other Operating Income  837.58 967.13 1,965.66 1,500.45 3,544.10
  Net Sales and Other Operating Income 59,111.85 59,879.77 127,177.32 115,883.34 255,572.47
             
(2) EXPENDITURE           
a) (Increase) / Decrease in Stock in Trade 7,694.76 (2,401.57) 1,346.59 (9,865.35) (16,941.86)
b) Consumption of Raw Materials 26,973.10 31,679.16 66,704.61 63,572.26 137,913.94
c) Purchase of Goods for Trade 387.73 1,079.82 622.26 1,408.80 3,496.00
d) Stores, Spares, Components,  Tools, etc. consumed 7,689.30 8,120.41 17,433.93 16,390.44 35,735.74
e) Staff Costs 3,006.18 2,589.39 6,602.51 5,236.66 12,546.62
f) Power & Fuel  4,847.37 4,006.70 10,182.84 8,240.35 17,904.20
g) Other Expenditure 6,816.61 8,036.05 15,938.18 16,731.76 37,269.92
h) Depreciation /Amortisation 1,435.62 1,628.94 3,042.56 3,227.93 6,780.69
  Total Expenditure 58,850.67 54,738.90 121,873.48 104,942.85 234,705.25
(3) Profit from Operations before Expenditure during temporary closure  ,Write Offs, Other Income, Interest  & Exceptional items  261.18 5,140.87 5,303.84 10,940.49 20,867.22
             
(4) Expenditure incurred during temporary closure of operations at Steel Plant, Ginigera, Karnataka (Refer Note 1) (739.72)   (739.72)    
             
(5) Bad Debts / Advances written off   (2,801.26)   (2,801.26) (2,801.26)
             
(6) Profit / (Loss) from Operations before Other Income , Interest  & Exceptional items  (478.54) 2,339.61 4,564.12 8,139.23 18,065.96
             
(7) Other Income :          
a) Net Income from transfer of Land   3,849.90   3,849.90 3,849.90
b) Other Income 120.18 96.66 178.99 237.89 484.21
             
(8) Interest and Lease Charges  (net) (4,381.90) (3,796.94) (8,640.47) (7,996.69) (16,264.33)
             
(9) Exceptional Items (Refer Note 2) (1,905.62)   (1,905.62)    
(10) Profit/(Loss) from ordinary activities before Tax  (6,645.88) 2,489.23 (5,802.98) 4,230.33 6,135.74
(11) Less : Provision for Taxation  (1,722.94) 740.73 (1,465.28) 1,074.25 1,469.36
(12) Profit / (Loss) from  ordinary  activities  after Tax (4,922.94) 1,748.50 (4,337.70) 3,156.08 4,666.38
(13) Prior Period Adjustments (net) (0.03)   (0.03)   (0.70)
(14) Net Profit / (Loss)  for the period (4,922.97) 1,748.50 (4,337.73) 3,156.08 4,665.68
             
(15) Paid-up Equity Share Capital                                        (Face value Rs 10/- per share) 7,312.57 7,312.57 7,312.57 7,312.57 7,312.57
             
(16) Reserves (excluding Revaluation Reserve)         47,163.94
             
(17) Earnings per Share (EPS)  - Rs (6.73) 2.39 (5.93) 4.32 6.38
             
(18) Public Shareholding          
  Number of Shares 32,832,001 32,880,745 32,832,001  32,880,745  32,832,001
  Percentage of Shareholding 44.91% 44.97% 44.91% 44.97% 44.91%
             
(19) Disclosure  in respect  of  pledged shares of Promoters and Promoter Group            
             
  Shares held by Promoters & Promoter Group - Nos. (A) 40,282,128 40,233,384 40,282,128
  Percentage of Total Share Capital     55.09% 55.03% 55.09%
  Pledged / Encumbered - No. of Shares   17,018,723 16,224,415 16,935,735
  Percentage of Total Share Capital   23.28% 22.19% 23.16%
  Percentage of (A)     42.25% 40.33% 42.04%
             
  Non Encumbered - No. of Shares 23,263,405 24,008,969 23,346,393
  Percentage of Total Share Capital     31.81% 32.84% 31.93%
  Percentage of (A)     57.75% 59.67% 57.96%
             
  SEGMENT REVENUE (net of Excise Duty)          
             
1) Steel 51,937.10 51,999.59 113,393.62 100,724.09 223,993.37
             
2) Industrial Machinery  6,454.45 6,924.70 12,295.22 13,295.90 26,929.38
             
3) Road Construction   46.18   526.98 1,462.14
             
4) Other Products 237.11   672.17   306.93
             
  Sub-total 58,628.66 58,970.47 126,361.01 114,546.97 252,691.82
             
  Less : Inter Segment Revenue (354.39) (57.83) (1,149.35) (164.08) (663.45)
             
  Total Segment Revenue  (net of Excise Duty) 58,274.27 58,912.64 125,211.66 114,382.89 252,028.37
             
  SEGMENT RESULT          
             
1) Steel (1,736.89) 4,095.45 2,212.08 8,176.19 13,352.68
             
2) Industrial Machinery  1,743.11 1,451.73 2,866.70 3,210.21 8,022.48
             
3) Road Construction (47.99) (283.70) (169.53) (348.05) (1,144.02)
             
4) Other Products 108.51   306.16   143.87
             
  Less : Inter  segment margin (11.12) (2.10) (56.39) (14.44) (25.72)
             
  Total Segment Result 55.62 5,261.38 5,159.02 11,023.91 20,349.29
             
  Add / (Less) :          
             
  Other net un-allocable (expenditure) / income (414.01) 1,024.79 (415.94) 1,203.11 2,050.08
             
  Profit / (Loss) before Interest  (358.39) 6,286.17 4,743.08 12,227.02 22,399.37
             
  Add / (Less) :          
  Interest /  Lease charges  (net) (4,381.90) (3,796.94) (8,640.47) (7,996.69) (16,264.33)
             
  Exceptional Items - (Net Expenditure) / Net Income (1,905.62)   (1,905.62)    
             
  Profit / (Loss) after Prior period adjustments and before tax  (6,645.91) 2,489.23 (5,803.01) 4,230.33 6,135.04
             
  Capital Employed as on          
             
1) Steel     308,135.16 281,462.55 308,577.79
2) Industrial Machinery      39,689.67 34,076.61 39,334.81
3) Road Construction     18,523.54 19,795.67 18,108.19
4) Other Products     5,189.48   5,337.51
5) Unallocable (net)     (153,503.04) (145,978.56) (147,520.48)
             
  Total Net Capital Employed     218,034.81 189,356.27 223,837.82
  # Includes further revaluation made in Mar'11        
             
  Statement of Assets and Liabilities as on           
             
1 SHAREHOLDERS' FUNDS          
             
a Capital     7,875.20 7,875.20 7,875.20
             
b Reserves and Surplus     210,159.61 180,404.00 214,497.34
             
2 Deferred Tax Liability (net)       1,077.07 1,465.28
             
3 LOAN FUNDS     175,566.41 168,825.34 174,705.63
             
  TOTAL     393,601.22 358,181.61 398,543.45
             
4 FIXED ASSETS     244,772.81 213,153.13 245,583.88
             
5 INVESTMENTS     10,966.77 10,970.11 10,966.77
             
6 CURRENT ASSETS , LOANS AND ADVANCES          
             
a Inventories     94,502.62 82,900.19 92,516.04
b Sundry Debtors     81,150.50 81,194.73 87,332.21
c Cash and Bank Balances     7,598.95 7,762.25 10,438.29
d Loans and Advances     40,109.64 38,029.29 34,306.20
  Sub-total     223,361.71 209,886.46 224,592.74
             
  Less : Current Liabilities and Provisions          
             
a Current Liabilities     79,357.65 66,453.27 75,683.15
b Provisions     6,440.97 9,718.15 7,237.73
  Sub-total     85,798.62 76,171.42 82,920.88
             
  Net Current Assets     137,563.09 133,715.04 141,671.86
             
7 Deferred Revenue Expenditure     298.55 343.33 320.94
             
  TOTAL     393,601.22 358,181.61 398,543.45
 

Notes:

  1. During the quarter, the Company had to temporarily shut its operations at the Steel Plant at Ginigera, Karnataka, for 35 days during August and September 2011. This was on account of scarcity of iron ore which was further aggravated due to directives of the Hon'ble Supreme Court of India for suspension of raising iron ore from all the mines in the State of Karnataka. The expenditure incurred during this period aggregate Rs.7.40 crores and has been disclosed separately in the results above.

  2. Due to unusual depreciation in the value of the Rupee against the US Dollar over the last three months, the net unrealized loss aggregating Rs 19.06 crores on restatement of foreign currency monetary items at close of the quarter has been considered by the Company to be exceptional in nature.

  3. Management's response to the qualifications of the auditors on the financial statements for the year ended 31.03.2011 :

    4. a
    Advances due from and investments made in Vidyavihar Containers Limited (VCL), aggregating Rs.10,975.99 Lakhs as at 31st March 2011 has reduced to Rs.8,136.99 Lakhs as at 30th September 2011. The Company, barring any significant uncertainties in future, relies upon the VCL management's estimation of realizable values of the financial assets of VCL, and the Company also relies upon VCL management's estimation of its additional expected realization from its real estate development arrangement with a developer, to be able to recover its Exposures;
       
    b
    Investments made in Mukand Global Finance Limited (MGFL), aggregate Rs. 2,624.95 Lakhs as at 31st March 2011 (as at 30th September 2011 Rs 2,624.95 Lakhs) . The Company is in the process of disposing off this investment and is negotiating the sale;
       
    cThe debts due from Bombay Forgings Ltd. (BFL), aggregating Rs.6,697.74 Lakhs as at 31st March 2011 has increased to Rs.6,838.78 Lakhs as at 30th September 2011. The Company, considering its long-term view on the Exposures, barring any significant uncertainties in future relies upon the valuation of unencumbered assets of BFL as at 31st March 2011 at Rs.7,557.00 Lakhs and the projected future earnings from the business activities of BFL which are considered by the management to be adequate.
       
    d The debts and advances due from Stainless India Ltd. (SIL), aggregating Rs.3,965.99 Lakhs as at 31st March 2011 has reduced to Rs.3,927.91 Lakhs as at 30th September 2011. The Company, barring any significant uncertainties in future relies upon the estimated realizable value of the unencumbered assets of SIL as at 31st March 2011 at Rs.4,949.69 Lakhs which are considered by the management to be adequate.
       
    e In view of the substantially large outstanding claims by the Company for incremental jobs executed, escalations and time-overruns for Road Construction Division, amounting to Rs.11,472.74 Lakhs as at 31st March 2011, (Rs.11,472.74 Lakhs as at 30th September 2011) losses currently expected are recognized as per the judgment of the management and the shortfall, if any, will be adjusted only on final settlement of claims which is expected to be settled progressively by 31st March 2012.
  4. Provision for taxation includes provision for deferred tax and wealth tax.

  5. Figures in respect of previous quarter / six months / year have been regrouped / recast wherever necessary.

  6. During the quarter, 22 complaints were received from investors which have been resolved. No complaints of investors were pending at the beginning of the quarter as well as at the end of the quarter.

  7. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 11th November 2011. Statutory Auditors have carried out a "Limited Review" of the financial results shown above.


    8. 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 November, 2011.
Name of the Company: MUKAND LIMITED
Scrip Code: 500460
Name of the scrip : MUKANDLTD
Class of security :EQUITY SHARES
Quarter ended: 30 SEPTEMBER 2011
 Table (I)(a) 
 Statement Showing Shareholding Pattern 
Category code Category of Shareholder
Number of Shareholders
 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 12284609 12284609 16.80 16.80 7466545 60.78
(b) Central Government/ State Government(s) 0 0 0 0.00 0.00 0 0.00
(c) Bodies Corporate 19 28125973 28125973 38.47 38.47 10861634 38.62
(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
                 
  Sub Total(A)(1) 41 40410582 40410582 55.27 55.27 18328179 45.35
                 
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 Institutions 0 0 0 0.00 0.00 0 0.00
d Any Others(Specify) 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 40410582 40410582 55.27 55.27 18328179 45.35
                 
(B) Public shareholding
1 Institutions              
(a) Mutual  Funds/ UTI 7 6007 5006 0.01 0.01 0 0.00
(b) Financial Institutions / Banks 42 109644 105155 0.15 0.15 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 5 7452308 7451333 10.19 10.19 0 0.00
(f) Foreign Institutional Investors 17 1997881 1966918 2.73 2.73 0 0.00
(g) Foreign Venture Capital Investors 0 0 0 0.00 0.00 0 0.00
(h) Any Other (specify) 0 0 0 0.00 0.00 0 0.00
                 
  Sub-Total (B)(1) 71 9565840 9528412 13.08 13.08 0 0.00
                 
B 2 Non-institutions
(a) Bodies Corporate 726 7797599 7353480 10.66 10.66 0 0.00
(b) Individuals       0.00 0.00 0 0.00
I Individuals -i. Individual shareholders holding nominal share capital up to Rs 1 lakh 47767 9978959 8933325 13.65 13.65 0 0.00
II ii. Individual shareholders holding nominal   share capital in excess of Rs. 1 lakh. 168 5036092 4780874 6.89 6.89 0 0.00
(c) Any Other (specify) 0 0 0 0.00 0.00 0 0.00
(c-i) Clearing Members 30 11260 11260 0.02 0.02 0 0.00
(c-ii) NRI's 252 313797 302552 0.43 0.43 0 0.00
                 
                 
  Sub-Total (B)(2) 48943 23137707 21381491 31.65 31.65 0 0.00
                 
(B) Total         Public Shareholding (B)= (B)(1)+(B)(2) 49014 32703547 30909903 44.73 44.73 0 0.00
                 
  TOTAL (A)+(B) 49055 73114129 71320485 100.00 100.00 0 0.00
                 
(C) Shares  held  by Custodians and against     which Depository Receipts have been issued
1 Promoter and Promoter Group  0 0 0 0.00 0.00 0 0.00
2 Public  0 0 0 0.00 0.00 0 0.00
  Sub-Total (C ) 0 0 0 0.00 0.00 0 0.00
                 
GRAND TOTAL (A)+(B)+(C) 49055 73114129 71320485   100.00 18328179 25.07
 
Name of the Company: MUKAND LIMITED
Scrip Code, Name of the scrip, class of security: 500460 (BSE), MUKANDLTD (NSE) -     ISIN : INE304A01026
Quarter ended: 30 DEMBER 2011
Introductory sub-table (I)(a)
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 - D 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 - E 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 - F 0 0.00 0.00
       
Total  paid-up  capital of  the  company, assuming  full
conversion  of warrants  and
convertible securities (A+B+C) + (D+E+F)
73114129
   100.00
 
MUKAND LTD. Quarter Ended SEP 30, 2011
(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 percentage
As a % of grand total (A)+(B)+(C) of sub-clause (I)(a)
Number of warrants held
As a % total number ofwarrantsof 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 136022 0.19 0 0.00 0.00 0 0.00 0 0.00 0.19
2 Shri Niraj Bajaj 1449641 1.98 0 0.00 0.00 0 0.00 0 0.00 1.98
3 Shri Rajesh V Shah 3644642 4.98 3644642 100.00 4.98 0 0.00 0 0.00 4.98
4 Shri Suketu V Shah 3647668 4.99 2678294 73.42 3.66 0 0.00 0 0.00 4.99
5 Shri Sanjivnayan Bajaj 787 0.00 0 0.00 0.00 0 0.00 0 0.00 0.00
6 Shri Shekhar Bajaj 88298 0.12 0 0.00 0.00 0 0.00 0 0.00 0.12
7 Shri Madhur Bajaj 3100 0.00 0 0.00 0.00 0 0.00 0 0.00 0.00
8 Smt Ruparani Bajaj 200 0.00 0 0.00 0.00 0 0.00 0 0.00 0.00
9 Shri Anant Bajaj 9000 0.01 0 0.00 0.00 0 0.00 0 0.00 0.01
10 Smt Sunaina Kejriwal 363 0.00 0 0.00 0.00 0 0.00 0 0.00 0.00
11 Smt Suman Jain 3744 0.01 0 0.00 0.00 0 0.00 0 0.00 0.01
12 Shri Viren J Shah 18352 0.03 0 0.00 0.00 0 0.00 0 0.00 0.03
13 Shri Narendrakumar J Shah 99605 0.14 0 0.00 0.00 0 0.00 0 0.00 0.14
14 Smt Anjana K Munsif 12282 0.02 0 0.00 0.00 0 0.00 0 0.00 0.02
15 Smt Jyoti Shah 21117 0.03 0 0.00 0.00 0 0.00 0 0.00 0.03
16 Smt Bansri Rajesh Shah 615586 0.84 615586 100.00 0.84 0 0.00 0 0.00 0.84
17 Smt Czaee Sukumar Shah 551882 0.75 0 0.00 0.00 0 0.00 0 0.00 0.75
18 Priyaradhika Rajesh Shah 480023 0.66 480023 100.00 0.66 0 0.00 0 0.00 0.66
19 Kaustubh Rajesh Shah 48000 0.07 48000 100.00 0.07 0 0.00 0 0.00 0.07
20 Bajaj Auto Employees Welfare Funds  1122796 1.54 0 0.00 0.00 0 0.00 0 0.00 1.54
21 Shekharkumar R Bajaj ( Bajaj Electrical EHWF) 5460 0.01 0 0.00 0.00 0 0.00 0 0.00 0.01
22 Shri Surendra Bhaichand Jhaveri (Mukand EWF) 326041 0.45 0 0.00 0.00 0 0.00 0 0.00 0.45
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 1675346 2.29 0 0.00 0.00 0 0.00 0 0.00 2.29
25 Bachhraj Factories Pvt Ltd 689084 0.94 0 0.00 0.00 0 0.00 0 0.00 0.94
26 Bajaj Holdings & Investment Ltd 4056782 5.55 0 0.00 0.00 0 0.00 0 0.00 5.55
27 Bajaj Sevashram Pvt Ltd 80 0.00 0 0.00 0.00 0 0.00 0 0.00 0.00
28 Baroda Industries Pvt Ltd 1253616 1.71 0 0.00 0.00 0 0.00 0 0.00 1.71
29 Catalyst Finance Ltd 581000 0.79 581000 100.00 0.79 0 0.00 0 0.00 0.79
30 Conquest Investment and Finance Ltd 248320 0.34 248320 100.00 0.34 0 0.00 0 0.00 0.34
31 Econium Investments & Finance Ltd 345760 0.47 345760 100.00 0.47 0 0.00 0 0.00 0.47
32 Fusion Investments & Financial Services Ltd 806180 1.10 806180 100.00 1.10 0 0.00 0 0.00 1.10
33 Jamnalal Sons Pvt Ltd 13147761 17.98 3869090 29.43 5.29 0 0.00 0 0.00 17.98
34 Jeewan Limited 3688336 5.04 3688336 100.00 5.04 0 0.00 0 0.00 5.04
35 Lineage Investments Ltd 427880 0.59 427880 100.00 0.59 0 0.00 0 0.00 0.59
36 Mukand Engineers Ltd 681200 0.93 681200 100.00 0.93 0 0.00 0 0.00 0.93
37 Niraj Holdings Pvt Ltd 500 0.00 0 0.00 0.00 0 0.00 0 0.00 0.00
38 Primus Investments and Finance Ltd 213608 0.29 213608 100.00 0.29 0 0.00 0 0.00 0.29
39 Sidya Investments Ltd 160000 0.22 0 0.00 0.00 0 0.00 0 0.00 0.22
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 0.21 0 0.00 0.00 0 0.00 0 0.00 0.21
                       
TOTAL 40410582 55.27 18328179 45.35 25.07 0 0.00 0 0.00 55.27
                       
(*) 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 9.89 0 0.00 0 0.00 9.89
2 SHARANYA TRADING PRIVATE LIMITED 3579056 4.90 0 0.00 0 0.00 4.90
3 UNION INVESTMENT LUXEMBOURG S.A. A/C UNIASIAPACIFI 800000 1.09 0 0.00 0 0.00 1.09
4 CLSA (MAURITIUS) LIMITED 796036 1.09 0 0.00 0 0.00 1.09
                 
TOTAL 12403168 16.96 0 0.00 0 0.00 16.96
 
(I)(c)(ii) Statement showing holding of securities (including shares, warrants, convertible securities) of persons (together with PAC) 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 9.89 0 0.00 0 0.00 9.89
                 
                 
                 
                 
                 
                 
                 
                 
                 
                 
                 
TOTAL 7228076 9.89 0 0 0 0 9.89
 
(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
 
(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
 
(II)(b) Statement showing holding of Depository Receipts (DRs), where underlying shares held by "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 0 0 0.00
         
         
         
         
         
         
         
         
         
         
TOTAL     0 0.00
 
(Concept and Content by Krishnan Nair )

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