DRIVIN G ROWTH - Dr. Reddy's

schedules to the consolidated balance sheet |
(All amounts in Indian Rupees thousands, except share data)
schedule 1: share capital
AUTHORISED
As at March 31, 2002
100,000,000 equity shares of Rs. 5 each 500,000
ISSUED
76,516,148 equity shares of Rs. 5 each fully paid-up 382,580
SUBSCRIBED AND PAID-UP
76,515,948 equity shares of Rs. 5 each fully paid-up 382,579
Add: Forfeited share capital (Note 3) 1 382,580
Total 382,580
NOTES:
1. In the Annual General Meeting of Dr. Reddy’s Laboratories Limited (the Company) held on September 24, 2001, the shareholders
approved a two-for-one share split with an effective date of October 25, 2001. Consequently, the issued equity shares have
increased to 76,516,148 shares of Rs. 5 each and subscribed and paid-up equity shares of the Company have increased to
76,515,948 shares of Rs. 5 each. All references in the financial statements to number of shares and per share amounts of the
Company’s equity shares have been presented to reflect the increased number of equity shares outstanding resulting due to the
share split.
2. Subscribed and paid-up share capital includes:
a) 34,974,400 equity shares of Rs. 5 each fully paid-up, allotted as bonus shares by capitalisation of general reserve.
b) 13,225,000 equity shares of Rs. 5 each allotted during the year against American Depository Shares (ADS) (Refer Note 13 of
Schedule 20).
c) 8,602,152 equity shares of Rs. 5 each allotted during the year against Global Depository Receipts (GDR). During the year the
outstanding GDRs have been converted to ADSs.
d) 113,388 equity shares of Rs. 5 each allotted during the year to the erstwhile members of American Remedies Limited (“ARL”)
pursuant to the scheme of amalgamation with ARL.
e) 10,812,008 equity shares of Rs. 5 each issued as fully paid-up without payment being received in cash.
3. Represents 200 equity shares of Rs. 5 each, amount paid up Rs. 500/-, forfeited due to non-payment of allotment money.
CONSOLIDATED FINANCIALS | FINANCIALS | ANNUAL REPORT 2001-2002
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