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Particulars As at 31 March, 2018 As at 31 March, 2017
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
Particulars Year ended 31 March, 2018 Year ended 31 March, 2017
No. of Shares ` in crore No. of Shares ` in crore
Issued share capital:
Ordinary shares :
Balance as at 1 April 25,48,42,598 254.84 25,48,42,598 254.84
Balance as at 31 March 25,48,42,598 254.84 25,48,42,598 254.84
Subscribed and paid up:
Ordinary shares :
Balance as at 1 April 25,47,56,278 254.76 25,47,56,278 254.76
Balance as at 31 March 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 the 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.
Particulars As at 31 March, 2018 As at 31 March, 2017
Ordinary shares with voting rights No. of shares % No. of shares %
(i) Tata Sons Ltd. 5,97,86,423 23.47 4,93,06,423 19.35
(ii) ICICI Prudential Mutual Fund 1,54,19,534 6.05 1,80,53,193 7.09
(iii) Tata Investment Corporation Ltd. 1,52,00,001 5.97 1,52,00,001 5.97
(iv) HDFC Trustee Company Limited 1,38,30,156 5.43 * *
* Not holding more than 5% shares
220 Annual Report 2017-18