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ANNUAL REPORT 2018 - 2019

NOTES FORMING PART OF FINANCIAL STATEMENTS
AS AT 31ST MARCH 2019
14 Equity Share Capital ( ` in lakhs)
As at 31st March, 2019 As at 1st3 March , 2018
Particulars
Number Amount Number Amount
Authorised
Equity Shares of ` 2 each 6,75,00,000 1,350.00 6,75,00,000 1,350.00

Total Equity Shares 6,75,00,000 1,350.00 6,75,00,000 1,350.00

Preference Shares of 100 each 2,51,000 251.00 2,51,000 251.00
`
Total Preference Shares 2,51,000 251.00 2,51,000 251.00
Total Autorised share Capital 6,77,51,000 1,601.00 6,77,51,000 1,601.00

Issued,Subscribed & Paid up
Equity Shares of ` 2 each fully paid up 5,50,20,000 1,100.40 5,50,20,000 1,100.40

Total 5,50,20,000 1,100.40 5,50,20,000 1,100.40

Note:
The Authorized Share Capital of the Company stands increased after adding the Authorized Share Capital of APL
Engineering Services Pvt Ltd (wholly owned subsidiary Company, which now stands amalgamated) with the
CompanypursuanttotheOrderofAmalgamationdated22ndMarch2017passedbytheHon.NationalCompanyLaw
Tribunal,GuwahatiBench,Assam.

14.1 Right,PreferenceandRestrictionsattachedtoEquityShares

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The Company has only one class of equity shares having par value of 2 per share.Each Shareholder is entitled to one
vote per share.In the event of liquidation of the Company the holder of equity shares will be entitled to receive any of
the remaining assets of the Company after distribution of all preferential payments. However, no such preferential
amountexistscurrently.Thedistributionwillbeinproportiontothenumberofequitysharesheldbytheshareholders.

ThedividendproposedbytheBoardofDirectorsissubjecttotheapprovaloftheshareholdersintheensuringAnnual
General Meeting,except in case of interim dividend.The Board of Directors at their Meeting held on May 27,2019 has
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recommendedafinalDividendof15%(30paisepershareofFaceValue 2/-each)fortheyearendedMarch31,2019.

14.2 Reconciliation of numbers of Equity Shares ( ` in lakhs)
Particulars As at 31st March,2019 As at 1st3 March ,2018
Number Amount Number Amount
Shares outstanding at the beginning of the year 5,50,20,000 1,100.40 5,50,20,000 1,100.40
Issued during the year - - - -

Shares outstanding at the end of the year 5,50,20,000 1,100.40 5,50,20,000 1,100.40

115
NOTES TO THE ACCOUNTS