Amal Ltd 2017-18

Amal Ltd | Annual Report 2017-2018 7.10 Share transfer system Securities lodged for transfer at the office of the Registrar are processed within 15 days from the date of lodgement, if the documents are clear in all respect. All requests for dematerialisation of securities are processed and the confirmation is given to the depositories within 21 days. Pursuant to Regulation 40(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, 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 Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996, certificates were also received from the Company Secretary in practice for timely dematerialisation of the shares and for conducting the 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, 2018 7.11.1 Shareholding-wise: Holding Shareholders Shares Numbers % of total Numbers % of total 1 – 500 11,905 92.32 14,61,120 15.50 501 – 1,000 596 4.62 4,53,993 4.82 1,001 – 2,000 229 1.76 3,36,517 3.57 2,001 – 3,000 65 0.50 1,60,262 1,70 3,001 – 4,000 29 0.22 1,01,678 1.08 4,001 – 5,000 16 0.12 73,445 0.78 5,001 – 10,000 31 0.24 2,23,064 2.37 10,001 and above 24 0.19 66,14,921 70.18 Total 12,895 100.00 94,25,000 100.00 7.11.2 Category-wise: Category Shares (Numbers) Shareholding (%) Promoter group 61,74,228 65.51 Indian public 30,52,703 32.39 Bodies corporate 1,88,204 2.00 Non-resident Indians 7,782 0.08 Banks and insurance companies 1,083 0.01 Mutual funds 1,000 0.01 Total 94,25,000 100.00