Notes on
Accounts
XII. Provision, Contingent Liabilities and Contingent Assets:
Provisions involving substantial degree of estimation in measurement are recognized when there is a present obligation as a
SFTVMU PG QBTU FWFOUT BOE JU JT QSPCBCMF UIBU UIFSF XJMM CF BO PVUnPX PG SFTPVSDFT $POUJOHFOU MJBCJMJUJFT BSF OPU SFDPHOJ[FE CVU
BSF EJTDMPTFE JO UIF OPUFT $POUJOHFOU BTTFUT BSF OFJUIFS SFDPHOJ[FE OPS EJTDMPTFE JO UIF mOBODJBM TUBUFNFOUT
XIII.
Dividend received is accounted for as and when it is declared.
XIV.
6OMFTT TQFDJmDBMMZ TUBUFE UP CF PUIFSXJTF UIFTF QPMJDJFT BSF DPOTJTUFOUMZ GPMMPXFE
1. SIGNIFICANT ACCOUNTING POLICIES
D) The Company has not issued shares for a consideration other than cash or bonus shares during the immediately preceding 5 years.
As at 31.03.2013
Name of Shareholder
No. of Shares
% of Shareholding
,BKBSJB &YQPSUT -UE
Kajaria Securities Pvt. Ltd
6,611,905
8.99%
Pearl Tile Marketing Pvt. Ltd.
5,080,240
6.90%
Cheri Ceramics Pvt. Ltd.
5,058,385
6.87%
HSBC Bank (Mauritius) Ltd. A/c Jawalamukhi Investments Holdings
5,777,005
7.85%
Bengal Finance & Investment Pvt. Ltd.
4,004,427
5.44%
2. SHARE CAPITAL
As at
As at
31.03.2014
31.03.2013
`
in million
`
in million
Equity Share Capital
Authorised
125,000,000 (125,000,000) Equity Shares of par value of
`
2/- each
250.00
250.00
10,00,000 (10,00,000) Preference of Shares of par value of
`
100/- each
100.00
100.00
350.00
350.00
Issued, Subscribed & Paid up
75,583,580 (Previous year 73,583,580) Equity Shares
of par value of
`
2/- each fully paid up in cash
151.17
147.17
151.17
147.17
As at 31.03.2014
Name of Shareholder
No. of Shares
% of Shareholding
,BKBSJB &YQPSUT -UE
Kajaria Securities Pvt. Ltd.
6,581,905
8.71%
Pearl Tile Marketing Pvt. Ltd.
5,080,240
6.72%
Cheri Ceramics Pvt. Ltd.
5,088,385
6.73%
HSBC Bank (Mauritius) Ltd. A/c Jawalamukhi Investments Holdings
7,252,005
9.59%
b) The holders of the equity shares are entitled to receive dividends as declared from time to time, and are entitled to voting rights
proportionate to their share holding at the meetings of shareholders.
c) Following Shareholders hold equity shares more than 5% of the total equity shares of the Company at the end of the period :-
a) Reconciliation of equity shares outstanding at the beginning and at the end of the reporting period is given below:
As at
As at
Particulars
31.03.2014
31.03.2013
Number of shares outstanding as at the beginning of the year
73,583,580
73,583,580
Shares issued during the year
2,000,000
–
Number of shares outstanding as at the closing of the year
75,583,580
73,583,580
57
Annual Report 2013-14
