Amal Ltd 2018-19

35 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 15 days or the additional time allowed by the SEBI as the case may be. 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, 2019 7.11.1 Shareholding-wise: Holding Shareholders Shares Numbers % of total Numbers % of total 1 - 500 11,679 92.48 14,20,580 15.07 501 - 1,000 562 4.45 4,27,538 4.54 1,001 - 2,000 226 1.79 3,32,953 3.53 2,001 - 3,000 63 0.50 1,56,056 1.66 3,001 - 4,000 31 0.25 1,09,762 1.16 4,001 - 5,000 12 0.10 53,959 0.57 5,001 - 10,000 31 0.26 2,27,635 2.42 10,001 and above 25 0.18 66,96,517 71.05 Total 12,629 100.00 94,25,000 100.00 7.11.2 Category-wise: Category Shares (numbers) Shareholding (%) Promoter group 61,74,228 65.50 Indian public 30,40,690 32.27 Bodies corporate 1,94,372 2.07 Non-resident Indians 13,627 0.14 Banks and insurance companies 1,083 0.01 Mutual funds 1,000 0.01 Total 94,25,000 100.00