PRIVI SPECIALITY CHEMICALS LIMITED Annual Report 2020-21

163 Annual Report 2020-21 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS 13 a) Share capital Particulars As at March 31, 2021 As at March 31, 2020 (Restated) Authorised Share Capital 50,010,000 equity shares of Rs. 10 each (March 31, 2020: 50,010,000 equity shares of Rs. 10 each) 5,001.00 5,001.00 5,000,000 Preference shares of Rs. 10 each (March 31, 2020: 5,000,000 Preference shares of Rs. 10 each) 500.00 500.00 Issued, subscribed and fully paid up: 39,062,706 equity shares of Rs. 10 each (March 31, 2020: 39,062,706 equity shares of Rs. 10 each) 3,906.27 3,906.27 3,906.27 3,906.27 A Reconciliation of the number of shares: Description As at March 31, 2021 As at March 31, 2020 (Restated) Number Amount Number Amount Shares outstanding at the beginning of the year 3,90,62,700 3,906.27 3,90,62,700 3,906.27 Add: Shares issued during the year – – – – Shares outstanding at the end of the year 3,90,62,700 3,906.27 3,90,62,700 3,906.27 B Rights, preferences and restrictions attached to equity shares: The Holding company has a single class of equity shares. Accordingly, all equity shares rank equally with regards to dividends and share in the Holding company’s residual assets. The equity shares are entitled to receive dividend as declared from time to time. The voting rights of an equity shareholder on a poll (not on show of hands) are in proportion to its share of the paid-up equity capital of the Holding company. Voting rights cannot be exercised in respect of shares on which any call or other sums presently payable have not been paid. Failure to pay any amount called up on shares may lead to forfeiture of the shares. On winding up of the Holding company, the holders of equity shares will be entitled to receive the residual assets of the Holding company, remaining after distribution of all preferential amounts in proportion to the number of equity shares held. C Details of shareholders holding more than 5% of shares: Particulars As at March 31, 2021 As at March 31, 2020 (Restated) Number % Number % FIH Mauritius Investments Limited 1,90,42,828 48.75% 1,90,42,828 48.75% Mr. Mahesh P Babani 25,86,348 6.62% 25,86,348 6.62% Banbridge Limited 24,61,914 6.30% 24,61,914 6.30% NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS for the year ended March 31, 2021 (Currency: Indian Rupees in lakhs)