Page 206 - FBL AR 2019-20

Fermenta Biotech Limited
Annual Report 2019-20

Notes to the Consolidated financial statements for the year ended March 31, 2020

21 Other current assets (contd.)
( H in Lakhs )
March 31, 2020 March 31, 2019
Movement in the Allowance for doubtful advances and export incentive receivables.
Balance at the beginning of the year 7.65 30.94
Addition during the year 31.96 3.24
Written off during the year - (26.53)
Reversal during the year (0.01) -
Balance at the end of the year 39.60 7.65

22 Equity share capital
(H inLakhs)
March 31, 2020 March 31, 2019
Authorised:
4,98,40,000 Equity shares of H5/- each (as at March 31, 2019 - 98,40,000 Equity shares of H5/- each) 2,492.00 492.00
1,60,000 Unclassified shares of H5/- each (as at March 31, 2019 - 1,60,000 Unclassified shares of 8.00 8.00
H5/- each)
2,500.00 500.00
Issued, subscribed and paid-up :
2,94,30,987 Equity shares of H5/- each (as at March 31, 2019 - 91,72,792 Equity shares of H5/- 1,471.55 458.64
each)
Less: 5,83,665 Equity shares held by FBL ESOP Trust (as at March 31, 2019 -Nil) [Refer note (e) (29.18) -
below]
1,442.37 458.64
(a) Details of shareholders holding more than 5% shares in the Company (excluding share pending
issuance)
Name of the shareholders March 31, 2020 March 31, 2019
No of Shares % holding No of Shares % holding
Equity shares of H5/- each fully paid in lakhs in the class in lakhs in the class
(as at March 31, 2019 H5/- each fully paid up)
DVK Investments Private Limited, the Holding Company 150.75 51.22% 49.44 53.91%
Mr. Krishna Datla 24.19 8.22% 7.96 8.68%
(b) Shares held by the Holding Company

Out of equity shares issued by the Company, shares held by its Holding Company are as below.
March 31, 2020 March 31, 2019
H in Lakhs H in Lakhs
DVK Investments Private Limited, the Holding Company
1,50,75,318 Equity shares of H5/- each fully paid (as at March 31, 2019 -49,44,940 Equity shares of 753.77 247.25
H5/-each fully paid)
(c) Reconciliation of the shares outstanding at the beginning and at the end of the reporting period
March 31, 2020 March 31, 2019
Number of H In Lakhs Number of H In Lakhs
Shares Shares
Equity Shares
Opening Balance 91,72,792 458.64 22,93,198 229.32
Add: Split of Shares - - 22,93,198 -
Add: Issue of shares pursuant to scheme of amalgamation 4,42,982 22.15 - -
(Refer Note 1.2)
Add: Issue of Bonus Shares 1,92,31,548 961.58 45,86,396 229.32
Closing Balance 2,88,47,322 1,442.37 91,72,792 458.64

During the year, the Company has allotted bonus equity shares in the ratio of two fully paid up equity share of H5/- each for every
one existing fully paid up equity share of H5/- each held by the members, which has been approved by the shareholders through
postal ballot. The record date for implementation of above corporate events was fixed on February 14, 2020. In view of the

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