Amal Ltd 2020-21

139 iii) Details of the shareholders holding more than 5% shares in the preference share capital of the Company Name of the shareholder Nature of holding As at March 31, 2021 As at March 31, 2020 Holding % Number of shares Holding % Number of shares Atul Ltd Holding company 100.00 40,00,000 100.00 60,00,000 During the year, the Company has redeemed 20,00,000 0% redeemable and non-convertible preference shares of ` 10 each as per the schedule of repayment. iv) Effective interest rate and maturity profile of borrowings a) Effective interest rate Particulars Rate a) Preference shares 14.87% b) Maturity profile ( ` lakhs ) Particulars 2021-22 2022-23 0% redeemable and non-convertible preference shares 148.55 172.37 v) Net debt reconciliation ( ` lakhs ) Particulars Liabilities from financing activities Current borrowings Non-current borrowings Total Net debt as on March 31, 2019 733.52 448.94 1,182.46 Interest expenses 209.95 - 209.95 Repayments (943.47) - (943.47) Transfer from non-current to current borrowings 128.02 (128.02) - Net debt as on March 31, 2020 128.02 320.92 448.94 Interest expenses 71.98 - 71.98 Repayments (200.00) - (200.00) Transfer from non-current to current borrowings 148.55 (148.55) - Net debt as on March 31, 2021 148.55 172.37 320.92 Note 11 Borrowings at amortised cost (continued)