Page 204 - Kolte Patil AR 2019-20

Notes forming part of the Consolidated Financial Statements

16D : ADDITIONAL INFORMATION REGARDING EQUITY SHARE CAPITAL IN THE LAST FIVE YEARS:

i) The Company has not issued any shares without payment being received in cash.
ii) The Company has not issued any bonus shares.
iii) The Company has not undertaken any buy-back of shares.

16E : The Company declares and pays dividend in Indian Rupees. The shareholders at the Annual General Meeting held on September
21, 2019 approved a dividend of ` 1.00/- per share for the year ended March 31, 2019 which was subsequently paid during the year ended
March 31, 2020. The amount was recognised as distributions to equity shareholders during the year ended March 31, 2020 and the total
appropriation was ` 758 Lakhs.

16F : Refer Note 46 for details relating to stock options

NOTE 17 - OTHER EQUITY (H in Lakhs)
As at As at
Particulars March 31, 2020 March 31, 2019

(a) Securities Premium
Opening balance 29,467 29,432
Add : Transferred from share option outstanding account on exercise of
stock option - 13
Add : Received on exercise of stock options - 22
Closing balance 29,467 29,467

(b) Debenture Redemption Reserve
Opening balance 2,203 1,064
Add : Transferred from retained earnings - 1,360
Less : Transferred to retained earnings on repayment of debentures (631) (221)
Closing balance 1,572 2,203

(c) Share Option Outstanding Account
Opening balance 176 21
Add : Amortised amount of share based payments to employees (Net) 196 168
Less : Transferred to securities premium on exercise of stock option - (13)
Closing balance 372 176

(d) Capital Redemption Reserve
Opening balance 3,944 1,743
Add: Gain on increase in stake in subsidiary - 2,201
Closing balance 3,944 3,944

(e) Capital Reserve on Consolidation
Opening balance (1,129) (1,129)
Add: addition / (utilisation) during the year - -
Closing balance (1,129) (1,129)

202 | Kolte-Patil Developers Limited