Capital History

2023

Allotment of 7000 equity shares to employees of the company pursuant to ESOP Scheme, 2015.

Allotment of 18,750 equity shares to employees of the company pursuant to ESOP Scheme, 2015.

2022

Allotment of 28,500 equity shares to employees of the company pursuant to ESOP scheme, 2015.

Allotment of 36,700 equity shares to employees of the company pursuant to ESOP scheme, 2015.

2021

Allotment of 86,350 equity shares to employees of the company pursuant to ESOP scheme, 2015.

2020

Allotment of 6,900 equity shares to employees of the company pursuant to ESOP scheme, 2015.

Allotment of 1,23,800 equity shares to employees of the company pursuant to ESOP scheme, 2015.

2018

Allotment of 12,300 equity shares to employees of the company pursuant to ESOP scheme, 2015.

2016

Sub-Division of equity shares of FV of Rs. 2/- each into FV of Re. 1/- each, which results in change of total equity shares of the Company from 7,94,69,000 equity shares of FV Rs. 2/- each to 15,89,38,000 equity shares of FV of Re. 1/- each.

2014

38,85,420 Warrants were convertible into equity shares by M/s WestBridge Crossover Fund LLC.

2013

20,00,000 equity shares were issued on preferential basis to M/s WestBridge CrossOver Fund, LLC.

38,85,420 Convertible Warrants Issued to M/s West bridge Cross over fund LLC.

1995

4,25,000 No. of equity shares allotted to IFCI in terms of exercise of conversion option under loan agreement.

1994

The company proposed to issue 2,00,000 - 14% Non-Convertible debentures of Rs. 100 each at par to financial institutions/Mutual funds on private placement basis.

• 54,96,800 No. of equity shares allotted on conversion of Zero Interest Unsecured fully convertible debentures.

1993

• During July, the company issued 21,98,729 - zero interest unsecured fully convertible debentures of Rs. 70 each at par on Rights basis in the proportion of 1 debenture: 4 equity shares held.
• Another 5,49,671 - zero interest unsecured fully convertible debentures of Rs. 70 each at par were issued on preferential basis to promoters, directors and their friends, including group companies.
• Each debenture of Rs. 70 will be converted into 2 equity shares of Rs. 10 each at a premium of Rs. 25 per share on expiry of 9 months from the date of allotment or on 1st April, 1994, whichever is earlier.

1991

12,47,696 shares allotted (prem. of Rs. 7 per share; prop. 1 deb: 3.53 shares) in conversion of deb. (Part 'B').

1989

During August/September, the company offered 3,22,000-14% secured fully convertible debentures of Rs. 100 each for cash at par. Out of these 3,06,670 debentures of Rs. 100 each were offered on Rights basis to the existing shareholders in the prop. 5 debentures: 100 Equity shares (all were taken up). Simultaneously, 15,330 debentures of Rs. 100 each were offered to the employees and Indian working directors of the Company on an equitable basis (only 785 debentures were taken up).

• Additional 31,455 debentures along with the unsubscribed portion of 14,545 debentures from employees quota were allotted at the discretion of the directors.
• As per the terms of issue, part `A' of Rs. 40 of each debenture was converted at par into four equity shares of Rs. 10 each at the end of six months from the date of allotment of the debentures. Accordingly 14,13,820 shares were issued. The remaining part of Rs. 60 was converted into 3.53 number of equity shares of Rs. 10 each at a premium of Rs. 7 per share on 15th December, 1991. 1990 - A further expansion of installed capacity from 26,000 MT to 40,000 MT was being implemented.
• 14,13,820 shares allotted at par in conversion of debentures (Part 'A').

1987

700 shares subscribed for by the signatories to Memorandum of Association. 53,32,700 shares then issued at par of which the following were reserved for allotment:

• 23,32,700 shares to promoters, Indian resident directors, etc. (incl. 7,50,000 shares to Kajaria Exports Ltd.)
• 8,00,000 shares on repatriation basis to NRIs and NRI Companies owned predominantly by NRIs.
• 8,00,000 shares on repatriation basis to NRIs and NRI Companies owned predominantly by NRIs.

Out of the remaining 22,00,000 shares, the following were reserved for preferential allotment:

• 2,66,600 shares to employees, Indian working directors, workers of the Company and employees of the Kajaria Exports Ltd. (only 11,400 shares taken up) and
• 5,00,000 shares to NRIs on repatriation basis only 39,600 shares taken up). The balance 14,33,400 shares, along with unsubscribed 17,15,600 shares of preferential quotas, were offered to the public in September 1988. Additional 8,00,000 shares allotted to retain over-subscription.