Page 185 - BCML AR 2019-20

BALRAMPUR CHINI MILLS LIMITED

Notes forming part of the Standalone Financial Statements

Note No. : 16 Share capital

Particulars As at 31st March, 2020 As at 31st March, 2019
No. of shares (H in lacs) No. of shares (H in lacs)
(a) Authorised
Equity shares of par value H 1/- each 400000000 4000.00 400000000 4000.00
Preference shares of par value H 100/- each 2500000 2500.00 2500000 2500.00
6500.00 6500.00
(b) Issued, subscribed and fully paid up
Equity shares of par value H 1/- each 220000000 2200.00 228438327 2284.38
2200.00 2284.38
Issue of 16910 (Previous year: 16910) equity shares on Right basis has been kept in abeyance in view of pending disputes.
(c) Reconciliation of number and amount of equity shares outstanding:
Particulars As at 31st March, 2020 As at 31st March, 2019
No. of shares (H in lacs) No. of shares (H in lacs)
At the beginning of the year 228438327 2284.38 228428327 2284.28
Add: Shares issued on exercise of Employee Stock Options
[Refer Note No. 36(3)] - - 10000 0.10
Less: Buyback of shares
[Refer Note No. 36(5)] 8438327 84.38 - -
At the end of the year 220000000 2200.00 228438327 2284.38

(d) The Company has only one class of equity shares. The Company declares and pays dividend in Indian rupees. The holders of equity
shares are entitled to receive dividend as declared from time to time and are entitled to one vote per share.
(e) In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the
Company, after distribution of all preferential dues. The distribution will be in proportion to the number of equity shares held by the
shareholders.
(f) Shareholders holding more than 5 % of the equity shares in the Company :
Name of the shareholder As at 31st March, 2020 As at 31st March, 2019
No. of % of holding No. of % of holding
shares held shares held
Shri Vivek Saraogi 35869184 16.30 35680017 15.62
Smt. Sumedha Saraogi 23027099 10.47 9166061 4.01
Late Karan Saraogi – – 17052904 7.46

(g) The aggregate number of equity shares bought back in immediately preceding last five years ended 31st March, 2020 - 25038327
equity shares (previous period of five years ended 31st March, 2019 - 16600000 equity shares).
(h) The Company has reserved Nil (Previous year: Nil) equity shares of par value H 1/- each for issue at a premium of H 44/- each to eligible
employees of the Company under Employee Stock Option Scheme.

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