AGS Transact Technologies Limited

Annexure VI: Notes to the Revised Restated Consolidated Financial Information

 

 

Note 15
Equity share capital
. Details or authorised, issued and subscribed and fully paid up share capital are as follows: (Rs. in milion)
Pacctiers 31 August 2021 31 March 2021 31 March 2020, 31 March 2019
‘Number Amount Number Amount Number Amount Number Amount
[Authorised capital
Equity Shares of Rs 10/- each 160,000,000 1,600.00 160,000,000 1,600.00 160,000,000 1,600.00 160,000,000 1,600.00

Issued, subscribed and fully paid up

 

 

 

 

 

  

Equity Shares of Rs. 10/- each fully paid up 120,392,576 1,203.93 120,392,576 1,203.93 120,392,576 1,203.93, 120,392,576 1,203.93
Less: Treasury shares* (2,812,000) (28.12) 2,812,000) 8.12) 4,812,000) 8.12) (2,812,000) 8.12)
118,580,576 1185.81 118,580,576 1,185.81 118,580,576 1,185.81 118,580,576 1,185.81
.. Reconciliation of number of shares at the beginning and at the end of the yeariperiod (Rs. in million)
Boviicalars ‘BH August 2021 ‘3H March 2021 ‘BH March 2020 “3H March 2019
Number Amount Number ‘Amount ‘Number Amount Number Amount
[Shares outstanding at the beginning of the year/period 120,392,576 1,203.93 120,392,576 1,203.93 120,392,576 1,203.93 120,392,576 1,203.93
Less: Treasury shares* (2,812,000) (18.12) (2,812,000) 8.12) 4,812,000) 8.12) (2,812,000) (8.12)

 

Shares outstane

 

12 at the end of the year/period 118,580,576 7185.81 118,580,576 1185.81 118,580,576 7185.81 118,580,576 7185.81

 

* The treasury shares of the Company includes the shares held by the AGSTTL Employees Welfare Trust ("Trust", considered as a branch of the Company). As at 31 August 2021, the Trust held 1,812,000 shares (31 March 2021: 1,812,000 shares, 31 March 2020: 1,812,000, 31 March 2019: 1,812,000) of the
(Company. This is inclusive of 1,359,000 bonus shares (31 March 2021: 1,359,000 bonus shares, 31 March 2020: 1,359,000, 31 March 2019: 1,359,000) allotted by capitalisation of reserves. The amount equivalent to the face value of the treasury shares has been reduced from share capital and the excess of cost
over such face value has been reduced from securities premium,

 

=. Particulars of shareholders holding more than 5% of shares

 

 

Name of Shavehotd BH August 2021 BI March 2021 ‘BI March 2020 HI March 2019
Number Percentage No. of shares Percentage No, of shares Percentage No. of shares Percentage

Ravi B. Goyal* (66,460,312 55.20% 66,460,312 55.20% 66,460,312 55.20% 66,460,312 55.20%

Vineha Enterprises Private Limited* 51,054,264 A2A1% 51,054,264 42.41% 51,054,264 42.41% 51,054,264 42.41%

 

* As on 31 March 2021, 117,514,576 Equity Shares held by the Promoters, were pledged with Catalyst Trusteeship Limited as security in respect of secured redeemable non-convertible debentures issued by Vineha Enterprises Private Limited (Vineha NCDs). The Vineha NCDs were due for redemption on 11
April 2021. On 3 April 2021, the Company subscribed to 650,000,000 Compulsorily Convertible Preference Shares (CCPS) of Rs.10/- each issued by Vineha Enterprises Private Limited aggregating to Rs. 6,500 million. The Vineha NCDs were redeemed on 3 April 2021 and pledge on the Equity Shares of the
‘Company held by the Promoters was released on 5 April 2021

* As on 31 March 2020, 117,514,576 Equity Shares held by the Promoters, have been pledged with Catalyst Trusteeship Limited as security in respect of unlisted secured redeemable zero coupon non-convertible debentures issued by Vineha Enterprises Private Limited aggregating Rs. 4,500 million as per the
agreement,

* During the year ended 31 March 2019, 88,514,576 Equity Shares held by the Promoters, have been pledged with Catalyst Trusteeship Limited as security in respect of secured redeemable non-convertible debentures issued by Vineha Enterprises Private Limited.

|. Terms rights attached to equity shares
The Company has equity shares having a par value of Rs.10)- per share. Each holder of equity shares is entitled to one vote per share, The dividend, if proposed by the Board of Directors, will be subject to the approval of the shareholders in the ensuing Annual General Meeting except interim dividend,

The holders of equity shares will be entitled to receive remaining assets of the Company in the event of liquidation of the Company. The distribution will be in proportion to the number of equity shares held by the shareholders

.. Shares reserved for issue under options
For details of shares reserved for issue under the Employee Stock Option Scheme (ESOS) of the Company, refer note 36,

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