Page 44 - GlaxoSmithKline Pharmaceuticals AR 2012

40
Rupees
in lakhs
Previous year
Rupees
in lakhs
2 SHARE CAPITAL
AUTHORISED
9,00,00,000 equity shares of Rs. 10 each .. .. .. .. .. 90,00.00 90,00.00
ISSUED
8,47,07,710 equity shares of Rs. 10 each, fully paid up .. .. .. .. 84,70.77 84,70.77
SUBSCRIBED AND PAID-UP
8,47,03,017* equity shares of Rs. 10 each, fully paid up .. .. .. .. 84,70.30 84,70.30
* excludes 4,693 equity shares of Rs. 10 each of the Company (3,352 equity shares of Rs. 10 each of erstwhile Burroughs Wellcome
(India) Limited) held in abeyance.
As at 31st December, 2012 As at 31st December, 2011
Number of
Shares
Rupees
in lakhs
Number of
Shares
Rupees
in lakhs
(a) Reconciliation of the number of shares :
Balance at the beginning of the year .. .. 84,703,017 84,70.30 84,703,017 84,70.30
Issued during the year .. .. .. — — — —
Balance at the end of the year .. .. 84,703,017 84,70.30 84,703,017 84,70.30
(b) Rights, preferences and restrictions attached to equity shares :
The Company has one class of equity shares having a par value of Rs. 10 per share. Each shareholder is eligible for one vote per
share held. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual
General Meeting, except in case of interim dividend. In the event of liquidation, the equity shareholders are eligible to receive the
remaining assets of the Company after distribution of all preferential amounts, in proportion to their shareholding.
(c) Shares held by subsidiaries of ultimate holding company in aggregate :
Number of
Shares
Rupees
in lakhs
Number of
Shares
Rupees
in lakhs
Equity shares of Rs. 10 each (representing 50.67%
of total shareholding).. .. .. .. 42,917,488 42,91.75 42,917,488 42,91.75
(d) Details of equity shares held by shareholders holding more than 5% shares of the aggregate shares in the Company:
Number of
Shares
%
Shareholding
Number of
Shares
%
Shareholding
Glaxo Group Limited, U.K .. .. .. 30,485,250 35.99% 30,485,250 35.99%
Eskaylab Limited, U.K. .. .. .. 5,880,000 6.94% 5,880,000 6.94%
Life Insurance Corporation of India .. .. 4,822,848 5.69% 4,822,669 5.69%
Notes to the Financial Statements for the year ended 31st December, 2012 — continued