Amal Ltd 2013-14

43 d) Details of Shareholders holding more than 5% Shares in the Company Name of the Shareholder Preference Shares As at March 31, 2014 As at March 31, 2013 Holding % No of Shares Holding % No of Shares Atul Ltd 100% 10,000,000 100% 10,000,000 Name of the Shareholder Equity Shares As at March 31, 2014 As at March 31, 2013 Holding % No of Shares Holding % No of Shares Ameer Trading Corporation Ltd 30.87 2,168,824 30.87 2,168,824 Aagam Holding Private Ltd 12.13 852,143 – – Atul Ltd 5.87 412,453 5.87 412,453 ( ` ‘000) NOTE 3 RESERVES AND SURPLUS As at March 31, 2014 As at March 31, 2013 (a) Securities premium account 87,688 87,688 (b) Revaluation reserve: Balance as at the beginning of the year 2,484 2,522 Less: Transferred to the Statement of Profit and Loss (38) (38) Balance as at the end of the year 2,446 2,484 (c) Surplus | (Deficit) in the Statement of Profit and Loss: Balance as at the beginning of the year (457,589) (457,720) Add: Profit for the year 29,168 131 Balance as at the end of the year (428,422) (457,589) (338,288) (367,417) ( ` ‘000) NOTE 4 SHARE APPLICATION MONEY PENDING ALLOTMENT As at March 31, 2014 As at March 31, 2013 Advance towards Share Capital - See note 24,000 24,000 24,000 24,000 Note : Advance towards Share Capital amounting to ` 240 lacs refers to the amount received from the Promoter company towards Share Capital during the year 1996-97 which has not been refunded. The Company has to issue the shares of ` 10/- each to the Promoter company at par as per the modified sanctioned scheme (MS - 13) approved by the BIFR on July 01, 2013. The company has applied for in-principal approval from ASE | BSE | SEBI, which is pending. Considering the above, the advance has been shown as Share application money pending allotment and the relevant re-grouping has been done for the previous year as well. Notes to the Financial Statements