|
13 Equity share capital |
||||||||
|
Particulars |
As at 31 March 2025 |
As at 31 March 2024 |
||||||
|
Nos. |
₹ In Crore |
Nos. |
₹ In Crore |
|||||
|
|
||||||||
|
Authorised |
300,000,000 |
300.00 |
300,000,000 |
300.00 |
||||
|
Issued, subscribed and fully paid-up shares |
279,257,608 |
279.26 |
279,179,756 |
279.18 |
||||
|
279,257,608 |
279.26 |
279,179,756 |
279.18 |
|||||
a. Reconciliation of the shares outstanding at the beginning and at the end of the year
|
Particulars |
As at 31 March 2025 |
As at 31 March 2024 |
||||||
|
Nos. |
₹ In Crore |
Nos. |
₹ In Crore |
|||||
|
|
||||||||
|
Equity shares |
||||||||
|
At the beginning of the year |
279,179,756 |
279.18 |
282,957,358 |
282.96 |
||||
|
Issued during the year |
77,852 |
0.08 |
222,398 |
0.22 |
||||
|
Bought back during the year* |
– |
– |
(40,00,000) |
(4.00) |
||||
|
Outstanding at the end of the year |
279,257,608 |
279.26 |
279,179,756 |
279.18 |
||||
For the year ended on 31 March 2024
* The Board of Directors at its meeting held on 8 January 2024 approved a proposal to buyback fully paid up 4,000,000 equity shares of the Company having a face value of ₹ 10 each at a price of ₹ 10,000 per equity share, on proportionate basis, for an aggregate amount not exceeding ₹ 4,000 crore through tender offer process in accordance with Companies Act, 2013 and rules made thereunder, and the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018 (the ‘SEBI Buyback Regulations’) as amended. The buy back issue opened on 6 March 2024 and closed on 13 March 2024 (both days inclusive).
The buyback outlay aggregated to ₹ 4,932 crore (including tax on buyback). In accordance with relevant statutory provisions, the Company has created a capital redemption reserve of ₹ 4 crore, equal to the nominal value of shares bought back, as an appropriation from retained earnings.
The Buyback Committee of the Company, at its meeting held on 27 March 2024, approved the completion and closure of the buyback.
b. Terms/rights attached to equity shares
The Company has only one class of equity shares having a par value of ₹ 10 per share. Each holder of equity shares is entitled to one vote per share. The interim dividend declared by the Board of Directors; and the final dividend proposed by the Board of Directors and approved by the shareholders in the annual general meeting is paid in Indian rupees. In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the Company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.
c. Details of shareholders holding more than 5% shares in the Company
|
Particulars |
As at 31 March 2025 |
As at 31 March 2024 |
||||||
|
Nos. |
% Holding |
Nos. |
% Holding |
|||||
|
|
||||||||
|
Equity shares of ₹ 10 each fully paid |
||||||||
|
Bajaj Holdings & Investment Ltd. |
95,547,251 |
34.21% |
95,547,251 |
34.22% |
||||
|
Jamnalal Sons Pvt. Ltd. |
25,960,841 |
9.30% |
25,960,841 |
9.30% |
||||
d. Shareholding of promoters
|
Promoter name |
No. of shares |
% of total shares |
% change during the year* |
|||
|
|
||||||
|
For 2024-25 |
||||||
|
Shekhar Bajaj |
6,020 |
0.00% |
0.00% |
|||
|
Madhur Bajaj |
197,561 |
0.07% |
0.00% |
|||
|
Niraj Bajaj |
42,103 |
0.02% |
0.00% |
|||
|
Rajiv Bajaj |
745,001 |
0.27% |
0.00% |
|||
|
Sanjiv Bajaj |
323,233 |
0.12% |
0.00% |
|||
|
Bajaj Holdings & Investment Ltd. |
955,47,251 |
34.21% |
(0.01%) |
* There is no change in number of shares held however percentage of shareholding by the promoters is changed pursuant to increase on account of issue of 77,852 equity shares of the Company made during the year for ESOP
|
Promoter name |
No. of shares |
% of total shares |
% change during the year* |
|||
|
|
||||||
|
For 2023-24 |
||||||
|
Shekhar Bajaj |
6,020 |
0.00% |
0.00% |
|||
|
Madhur Bajaj |
1,97,561 |
0.07% |
0.00% |
|||
|
Niraj Bajaj |
42,103 |
0.02% |
0.00% |
|||
|
Rajiv Bajaj |
7,45,001 |
0.27% |
0.00% |
|||
|
Sanjiv Bajaj |
3,23,233 |
0.12% |
0.00% |
|||
|
Bajaj Holdings & Investment Ltd. |
9,55,47,251 |
34.22% |
0.04% |
* There is a change in number of shares held and percentage of shareholding by the Promoters. This is pursuant to reduced capital on account of buyback of 4,000,000 equity shares of the Company made during the year.