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Integrated report Statutory reportS Financial StatementS
Consolidated

16. Equity share capital

As at March 31, 2020 As at March 31, 2019
No of shares ` in crore No of shares ` in crore
(a) Authorised:
ordinary shares of ` 10 each 27,00,00,000 270.00 27,00,00,000 270.00
(b) Issued :
ordinary shares of ` 10 each 25,48,42,598 254.84 25,48,42,598 254.84
(c) Subscribed and fully paid up:
ordinary shares of ` 10 each 25,47,56,278 254.76 25,47,56,278 254.76
(d) Forfeited shares:
amount originally paid-up on forfeited shares 86,320 0.06 86,320 0.06
254.82 254.82
Footnotes:
(i) The movement in number of shares and amount outstanding at the beginning and at the year end
Year ended March 31, 2020 Year ended March 31, 2019
No of shares ` in crore No of shares ` in crore
Issued share capital:
Ordinary shares :
Balance as at april 1 25,48,42,598 254.84 25,48,42,598 254.84
Balance as at March 31 25,48,42,598 254.84 25,48,42,598 254.84
Subscribed and paid up:
Ordinary shares :
Balance as at april 1 25,47,56,278 254.76 25,47,56,278 254.76
Balance as at March 31 25,47,56,278 254.76 25,47,56,278 254.76

(ii) Terms/ rights attached to equity shares
the Company has issued one class of ordinary shares at par value of ` 10 per share. each shareholder is eligible for one vote per
share held. the dividend proposed by the Board of directors is subject to approval of the shareholders in the ensuing annual
general Meeting except in the case of interim dividend. In the event of liquidation, the equity shareholders are eligible to receive the
remaining assets of the Company, after distribution of all preferential accounts, in proportion to their shareholding.

(iii) Details of shares held by each shareholder holding more than 5% shares.
As at March 31, 2020 As at March 31, 2019
No of shares % No of shares %

Ordinary shares with voting rights
(i) tata Sons private ltd. 7,26,25,673 28.51 5,97,86,423 23.47
(ii) HdFC trustee Company limited * * 2,26,13,010 8.88
(iii) life Insurance Corporation of India 1,68,84,036 6.63 1,55,71,496 6.11
(iv) ICICI prudential Mutual fund 1,60,79,641 6.31 * *
(v) tata Investment Corporation ltd. 1,52,00,001 5.97 1,52,00,001 5.97
* not holding more than 5% shares

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