|
depository
system | demat |
share transfers
Depository System (DS)
Trading in shares of the company is permitted
only in dematerialised form. As such, we wish
to advise members to arrange to dematerialise
their shareholding in the company as DS weeds
out several problems which are otherwise associated
with the scrip-based system such as bad deliveries,
fraudulent transfers, fake certificates, thefts
in postal transit, delay in transfers, long settlement
cycles, mutilation of share certificates, etc.
At the same time, DS offers several advantages
like exemption from stamp duty, elimination of
the concept of market lot, elimination of bad
deliveries, reduction in transaction costs, improved
liquidity, etc.
For further information on matters relating
to dematerialisation of shares, members may
write to the
Investor Service Centre of the Company at Veraval,
Gujarat.
| Name and address of
depository |
|
National Securities Depository Ltd
Trade World, IV floor
Kamala Mills Compound
Senapati Bapat Marg
Lower Parel
Mumbai 400 013
Tel: 022-2499 4200
Fax: 022-2497 2993 / 2497 6351
E-mail: info@nsdl.co.in
Website:
www.nsdl.co.in
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Central Depository Services (India) Ltd
Phiroze Jeejeebhoy Towers
17th floor, Dalal Street
Mumbai 400 023
Tel: 022-2272 3333 / 3324
Fax: 022-2272 3199
E-mail: investors@cdslindia.com
Website:
www.cdslindia.com |
Demat
| Dematerialisation
of shares and liquidity |
|
The Equity Shares of
the Company are required to by compulsorily
traded in the dematerialised form. The
Equity Shares of the Company are admitted
for trading under both the Depository
System in India — NSDL and CDSL.
The International Securities Identification
Number (ISIN) allotted to the Company’s
Equity Shares under the Depository System
is INE069A01017. A total of 99,025,955
shares of the Company constituting 96.13%
of the Issued and Subscribed Share Capital
were dematerialised as on 31 March, 2010.
|
| Outstanding
GDR/warrants and convertible bonds, conversion
date and likely impact on the equity |
| Outstanding GDRs as on 31
March 2010 are 3,262,792 amounting to 3.17%
of outstanding paid-up Equity Capital of
the Company. Each GDR represents one underlying
Equity Share. The Company has granted 329,373
options in two trenches to eligible employees
under the Company's Employee Stock Option
Scheme, 2006 (ESOS-2006). As on 31 March
2010, 208,672 options are outstanding and
remaining to be exercised during their respective
vesting schedule. Each stock option enables
an employee to apply for one Equity Share
during the vesting period. The Company has
also issued and allotted 1,85,00,000 warrants
on preferential basis to the Promoter and
Promoter Group Companies. These warrants,
entitle the holder thereof to apply for
and obtain allotment of one equity shares
of the face value of Rs.10 each at a premium
of Rs. 531.19 per share within a period
of 18 months from the date of allotment.
Out of the said 1,85,00,000 warrants, 80,00,000
warrants were converted into Equity Shares
on exercise of option by the three allottees
. Upon conversions of Balance Warrants into
Equity Shares, the Equity Capital will increase
by Rs.10.50 crores and share premium of
Rs.557.75 crores. |
| Registrars
and transfer agents (For
share transfer and other communication relating
to share certificates, dividends and change
of address) |
In-house Share Transfer
Registered with SEBI as Category II - Share Transfer Agent
(Registration No. INR 000001815)
Share Department
Registered Office
Indian Rayon Compound
Veraval 362 266
Gujarat, India
Tel: 91-2876 245 711
Fax: 91-2876 243 220
E-mail: abnlsecretarial@adityabirla.com |
| Share transfer system |
Share transfers in physical form are registered normally within 2-3 days from the date of receipt, provided that the documents are complete in all respects.
Investor Relations & Finance Committee of the Board considers and approves transfer above 5,000 shares under one transfer deed. Further, certain officers of the Company have been authorised to approve transfers up to 5,000 shares under one transfer deed.
The total number of shares transferred in physical form during the year were 36456 (Previous Year: 38,722). Majority of transfers were completed within 5 days from the date of receipt. |
|
Share transfer data
Transfer period (in
days) |
2010–2011 |
No. of transfers |
No. of shares |
% |
Cumulative total
(%) |
1 - 5 |
648 |
25604 |
71.44 |
71.44 |
6 -10 |
51 |
1375 |
5.62 |
77.06 |
11-15 |
45 |
1320 |
4.97 |
82.03 |
16-20 |
46 |
3977 |
5.07 |
87.10 |
21-30 |
117 |
4180 |
12.90 |
100.00 |
TOTAL |
907 |
36456 |
100.00 |
100.00 |
 |
|