89 (` lakhs) Note 10 Equity share capital As at March 31, 2022 As at March 31, 2021 Authorised 1,50,00,000 (March 31, 2021: 1,50,00,000) equity shares of ` 10 each 1,500.00 1,500.00 1,500.00 1,500.00 Issued and subscribed 94,25,000 (March 31, 2021: 94,25,000) equity shares of ` 10 each, fully paid 942.50 942.50 942.50 942.50 a) Rights, preferences and restrictions: The Company has one class of shares referred to as equity shares having a par value of ` 10 each. i) Equity shares: In the event of liquidation of the Company, the holders of equity shares will be entitled to receive any of the remaining assets of the Company, after distribution of all preferential amounts and preference shares. The distribution will be in proportion to the number of equity shares held by the shareholders. Each holder of equity shares is entitled to one vote per share. Additionally, the Company has authorised, issued and fully paid 0% redeemable non-convertible cumulative preference shares of ` 10 each classified as liabilities. These shares do not carry voting rights. Further details are provided in Note 12. ii) Dividend: The dividend proposed by the Board, if any, is subject to the approval of shareholders in the ensuing Annual General Meeting, except in case of interim dividend. b) Details of shareholders holding more than 5% of equity shares: No. Name of the shareholder As at March 31, 2022 As at March 31, 2021 Holding % Number of shares Holding % Number of shares 1. Atul Finserv Ltd 48.48% 45,68,824 48.48% 45,68,824 2. Aagam Holdings Pvt Ltd 11.54% 10,87,809 11.54% 10,87,809 3. Atul Ltd (holding company) 1.38% 1,29,703 1.38% 1,29,703 c) Reconciliation of the number of shares outstanding and the amount of equity share capital: Particualrs As at March 31, 2022 As at March 31, 2021 Number of shares ` lakhs Number of shares ` lakhs Balance as at the beginning of the year 94,25,000 942.50 94,25,000 942.50 Balance as at the end of the year 94,25,000 942.50 94,25,000 942.50
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