FORM NL-9-PATTERN OF SHAREHOLDING SCHEDULE

   

SHARE CAPITAL

   

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

   

PATTERN OF SHAREHOLDING

   

[As certified by the Management]

   

Shareholder

As at 31.12.2019

As at 31.12.2018

   
 

Number of Shares

% of Holding

Number of Shares

% of Holding

   

Promoters

       

·            Indian

 1,505,000,000

85.78%

 1,505,000,000

85.78%

   

·            Foreign

 -  

-

 -  

-

   

Others

 249,400,000

14.22%

 249,400,000

14.22%

   

TOTAL

 1,754,400,000

100.00%

 1,754,400,000

100.00%

   
        

As per the resolution passed at the Extraordinary General Meeting held on 04th August 2017 it was approved to consolidate 1000,00,00,000(One Thousand Crore) equity shares of Rs. 1/- ( Rupee One) each into 200,00,00,000 (Two hundred Crore) equity shares of Rs. 5/- (Rupee Five) each. Accordingly, the number of equity shares and the face value thereof  for all the reported periods has been recorded at Rs. 5/- per share for Authorized, Issued & Subscribed and Called-up Equity Share capital of the Corporation

   

The corporation has concluded its Initial  Public Offer (IPO) of Rs. 11,25,683.11 Lakh in the month of October 2017 comprising a fresh issue of` 1,72,00,000 equity shares aggregating to Rs.155,266.64 Lakh and an offer for sale of 10,75,00,000 equity shares by the Promoter, Ministry Of Finance, Govt. Of India aggregating to Rs. 9,70,416.47 Lakh.    

   

As per the resolution of the Shareholders passed on 04th July, 2018 a sum of ` 438,60,00,000 (Rupees Four Hundred Thirty Eight Crore Sixty Lakh Only) standing to the credit of the free reserves has been capitalised by issuing 87,72,00,000 (Eighty Seven Crore Seventy Two Lakh) fully paid up bonus shares of ` 5/- each in the ratio of 1:1. The bonus shares were allotted to the shareholders on 14th July, 2018.