Amal Ltd 2013-14

Amal Ltd | Annual Report 2013-14 7.10 Share transfer system Securities lodged for transfer at the office of the Registrar are processed within 30 days from the date of lodgement, if the documents are clear in all respects. All requests for dematerialisation of securities are processed and the confirmation is given to the depositories within 21 days. Pursuant to Clause 47 (c) of the Listing Agreement with the Stock Exchanges, certificates on a half-yearly basis were issued by the Company Secretary in practice for due compliance of share transfer formalities by the Company. Pursuant to the SEBI (Depositories and Participants) Regulations, 1996, certificates were also received from the Company Secretary in practice for timely dematerialisation of the shares and for conducting a secretarial audit on a quarterly basis for reconciliation of the share capital of the Company. All the certificates were filed with the Stock Exchanges where the shares of the Company are listed. 7.11 Distribution of shareholding as on March 31, 2014 i) Shareholding-wise: Holding Shareholders Shares Numbers % of Total Numbers % of Total 1- 5,000 11,076 91.99% 14,08,581 20.05% 5,001-10,000 592 4.92% 4,50,749 6.42% 10,001-20,000 198 1.64% 2,88,370 4.10% 20,001-30,000 67 0.56% 1,65,128 2.35% 30,001-40,000 28 0.23% 97,306 1.39% 40,001-50,000 18 0.15% 84,968 1.21% 50,001-1,00,000 31 0.26% 2,12,844 3.03% 1,00,001 and above 30 0.25% 43,17,054 61.45% 12,040 100.00% 70,25,000 100.00% ii) Category-wise: Category Shares (Numbers) Shareholding (%) Promoter group 36,41,493 51.84% Indian public 31,77,099 45.21% Corporate bodies 1,98,800 2.83% Non-resident Indians | Overseas corporate bodies 5,425 0.08% Mutual funds 1,100 0.02% Banks 1,083 0.02% Total 70,25,000 100.00%