Page 146 - Tata_Chemicals_yearly-reports-2019-20

Distribution of Shareholding as on March 31, 2020

Number of Amount Number of % of
Range of Holdings % to Capital
Shares (`) Shareholders Shareholders
1 to 500 1,73,64,136 17,36,41,360 6.82 1,77,228 90.67
501 to 1,000 73,09,360 7,30,93,600 2.87 9,701 4.96
1,001 to 2,000 68,68,979 6,86,89,790 2.70 4,759 2.43
2,001 to 3,000 35,40,197 3,54,01,970 1.39 1,418 0.73
3,001 to 4,000 23,63,850 2,36,38,500 0.93 670 0.34
4,001 to 5,000 19,43,120 1,94,31,200 0.76 425 0.22
5,001 to 10,000 49,81,946 4,98,19,460 1.95 701 0.36
Above 10,000 21,03,84,690 2,10,38,46,900 82.58 559 0.29
Total 25,47,56,278 2,54,75,62,780 100.00 1,95,461 100.00

Category of Shareholding as on March 31, 2020
Number of
Category Percentage (%)
Shares
Promoter and Promoter Group 8,81,14,531 34.59
Resident Individuals 4,68,24,559 18.38
Foreign Holdings 2,57,93,133 10.12
Public Financial Institutions 3,91,25,527 15.36
Government/Government Companies 71,948 0.03
Other Companies, Mutual Funds 5,33,86,918 20.96
Nationalised Banks 73,752 0.03
Alternative Investment Fund 1,60,000 0.06
Bodies Corporate - Non Banking Financial Company 7,370 0.00
IEPF 11,98,540 0.47
Total 25,47,56,278 100.00

Dematerialisation of shares and liquidity Commodity price risk/foreign exchange risk and
The Company’s shares are compulsorily traded in hedging activities
dematerialised form and are available for trading on both the Commodity price risk and hedging activities - Tata
depositories, viz. NSDL and CDSL. Chemicals Limited, India procures a variety of commodities
(%) related to raw materials and finished products for trading.
Shares held in 2019-20 2018-19 2017-18 The Company manages the associated commodity price
risks through commercial negotiation with customers and
Physical form 1.82 2.05 2.43 suppliers.
Electronic form with NSDL 92.72 93.61 93.34
Electronic form with CDSL 5.46 4.34 4.23 Foreign Exchange risk and hedging activities - Tata
The Company’s Ordinary Shares are regularly traded on the Chemicals Limited, India is exposed to foreign exchange
BSE and NSE. risks on its imports of raw materials/trading goods/capital
item purchases and payables denominated in foreign
Outstanding Global Depository Receipts (GDRs) or exchange. The foreign exchange borrowing (External
American Depository Receipts (ADRs) or warrants Commercial Borrowing) which was hedged since its
or any convertible instruments, conversion date drawing was fully repaid on the due date, during the year.
and likely impact on equity The Company has a robust internal policy, approved by
Not Applicable its Audit Committee, to manage foreign exchange risks.
Hedging is regularly carried out to mitigate the risks in line
with the approved policy.

144 I INTEGRATED ANNuAL REPORT 2019-20