Page 252 - Hitachi IR 2025

NOTES TO THE FINANCIAL STATEMENTS
16 EQUITY
All amount in Indian Rupees in Crores, except as stated otherwise
Share capital Equity shares
Number of shares Amount
a. Authorised share capital
At April 01, 2023 50,000,000 10.00
Changes during the year- -
At March 31, 2024 50,000,000 10.00
Changes during the year- -
At March 31, 2025 50,000,000 10.00
b. Issued equity share capital
Equity shares of ` 2 each issued, subscribed and fully paid up Number of shares Amount
At April 01, 2023 42,381,675 8.48
Changes during the year- -
At March 31, 2024 42,381,675 8.48
Changes during the year* 2,190,688 0.44
At March 31, 2025 44,572,363 8.92
c. d. *The Company raised capital of ` 2,520.82 Crores through Qualified Institutions Placement (“QIP”) of equity shares. The
Fund-Raising Committee of the Board of Directors of the Company, at its meeting held on March 13, 2025, approved
the allotment of 2,190,688 equity shares of face value ` 2/- each to eligible investors at a price ` 11,507 per equity
share (including a premium of ` 11,505 per equity share)
Terms/ rights attached to equity shares
The Company has only one class of equity shares having a par value of ` 2/- per share. Each holder of
equity shares is entitled to one vote per share. The Company declares and pays dividends in Indian Rupees.
The Board of directors have recommended dividend of ` 6.00/- per equity share, which translates to a total
dividend of ` 26.74 Crores, for the year ended March 31, 2025. The dividend proposed by the Board of
Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting.
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.
Details of shareholders holding more than 5% of the shares in the Company
Name of the shareholders March 31, 2025 March 31, 2024
Number of shares % of holding Number of shares % of holding
Equity shares of ` 2 each, fully paid up
Hitachi Energy Ltd - the holding company 31,786,256 71.31% 31,786,256 75.00%
e. As per records of the Company and other declarations received from shareholders, the above shareholding
represents both legal and beneficial ownerships of shares.
Shares held by holding/ ultimate holding company and/ or their subsidiaries/ associates
Out of the equity shares issued by the Company, shares held by its holding company, ultimate holding
company and their subsidiaries/ associates are as below:
Name of the shareholders March 31, 2025 March 31, 2024
Number of shares Amount Number of shares Amount
Equity shares of ` 2 each, fully paid up
Hitachi Energy Ltd - the holding company 31,786,256 6.36 31,786,256 6.36
31,786,256 6.36 31,786,256 6.36
250 Hitachi Energy India Limited