Page 254 - Hitachi IR 2025

NOTES TO THE FINANCIAL STATEMENTS
All amount in Indian Rupees in Crores, except as stated otherwise
March 31, 2025 March 31, 2024
c) Amalgamation adjustment deficit account
Opening balance (1.56) (1.56)
Changes during the year - -
Closing balance (1.56) (1.56)
d) Capital reserve
Opening balance 0.18 0.18
Changes during the year - -
Closing balance 0.18 0.18
e) General reserve
Opening balance 507.10 507.10
Changes during the year - -
Closing balance 507.10 507.10
Total other equity 4,205.19 1,351.39
Nature and purpose of other reserves
a) Securities premium
Securities premium acquired pursuant to scheme of arrangement shall be utilised in accordance with the
provisions of Companies Act, 2013.
b) Retained earnings
Retained earnings are the profits of the Company earned till date net of appropriations/distributions, includes
amount acquired pursuant to scheme of arrangement and other adjustments permitted as per the applicable
regulations and accounting standards.
c) Amalgamation adjustment deficit account
Amalgamation adjustment deficit account is the deficit between the carrying value of assets, liabilities and
reserves transferred to the Company and the consideration discharged by way of the New Equity Shares
issued to the shareholders of ABB India Limited pursuant to the demerger of Power Grid Business from
ABB India Limited (refer note 16(g)).
d) Capital reserve
Capital reserve is acquired pursuant to scheme of arrangement.
e) General reserve
General reserve is acquired pursuant to scheme of arrangement. The Company can use this reserve for
payment of dividend and issue of fully paid-up shares. As General reserve is created by transfer of one
component of equity to another and is not an item of other comprehensive income, items included in the
General reserve will not be subsequently reclassified to statement of profit and loss.
252 Hitachi Energy India Limited