Form No. MGT-9 EXTRACT OF ANNUAL RETURN

Transcription

1 Form No. MGT-9 EXTRACT OF ANNUAL RETURN as on the financial ended on 31 st March, 218 [Pursuant to section 92(3) of the Companies Act, 213 and rule 12(1) of the Companies (Management and Administration) Rules, 214] I. REGISTRATION AND OTHER DETAILS: S.No. Particulars Details i) CIN L17111PB1973PLC3345 ii) Registration Date 8 th October, 1973 iii) Name of the Vardhman Textiles iv) Category/ Sub-Category of the Listed Public v) Address of the Registered office and contact details Vardhman Premises, Chandigarh Road, Ludhiana-1411, Punjab, India. vi) Whether listed company Yes vii) Name, Address and Contact details of Registrar and Agent, if any Alankit Assignments 1E/13, Alankit Heights, Jhandewalan Extn., New Delhi Phone: Fax: rta@alankit.com II. Principal Business Activities of the : All the business activities contributing 1% or more of the total turnover of the company shall be stated:- S. No Name and Description of main products /services NIC Code of the product/service %to total turnover of the company 1. Textiles 131- spinning, weaving and finishing of textiles 1%

2 III. Particulars of Holding, Subsidiary and Associate Companies: S. No Name and Address of the company 1. VMT Spinning, Vardhman Premises, Chandigarh Road, Ludhiana VTL Investments, Vardhman Premises, Chandigarh Road, Ludhiana Vardhman Acrylics, Vardhman Premises, Chandigarh Road, Ludhiana Vardhman Nisshinbo Garments, Vardhman Premises, Chandigarh Road, Ludhiana Vardhman Special Steels, Vardhman Premises, Chandigarh Road, Ludhiana Vardhman Spinning & General Mills, Vardhman Premises, Chandigarh Road, Ludhiana Vardhman Yarns and Threads, Vardhman Premises, Chandigarh Road, Ludhiana-1411 CIN/ GLN U17117PB199 PLC147 U17231PB199 4PLC14256 L51491PB199 PLC19212 U181PB2 9PLC32764 L271PB21 PLC3393 U17121PB2 7PLC3853 U1723PB2 5PLC27936 Holding /Subsidiary /Associate Subsidiary Subsidiary Subsidiary Subsidiary % of shares held Applicable section 1 2 (87) 1. 2 (87) (87) (87) Associate (6) Associate 5 2(6) Associate 11 2(6)

3 IV. Share holding pattern (Equity Share Capital Breakup as percentage of Total Equity) Category of Shareholders i) Category wise share Holding No. of shares held at the beginning of the Demat Physicals Total % of Total Share s No. of shares held at the end of the Demat Physicals Total % of Total Shares A. Promoters 1.) Indian a) Individual 12,83,95 12,83, ,53,586 13,53, /HUF b) Central Govt./ State Govt. (s) c) Banks /FI d) Any other (Specify) % change during the Bodies corporate 2,27,96,397 2,27,96, ,4,23,243 2,4,23, LLP 1,14,13,13 1,14,13, ,3,18,863 1,3,18, (1.92) Sub total 3,54,92,622 3,54,92, ,56,95,692 3,56,95, (A)(1):- (2) Foreign a) NRIs Individuals b) Governmen t c) Institutions d) Foreign Portfolio Investor Sub total (A)(2):- Total Shareholding of promoter (A)= (A)(1) +(A) (2) B.Public Shareholding 1. Institutions a.) Mutual Funds 3,54,92,622 3,54,92, ,56,95,692 3,56,95, ,68,824 22,272 65,91, ,41,243 21,432 81,62,

4 b.) Venture Capital Funds c.) Alternate 5,583 5, ,37,18 2,37, investment Funds d.) Foreign Venture Capital e.) Foreign 63,16,96 8,694 63,24, ,76,753 2,559 6,79, (.44) Portfolio Investors f.) Banks /FI 7,815 52,87 6, ,61 52,582 59,192.1 (.1) g.) Insurance Companies 5, 1,575 51, , 1,575 31,575.5 (.4) h.) Provident Funds/ Pension Funds i.) Any Others (specify) Sub-Total(B)(1) 1,29,48,318 85,411 1,3,33, ,44,91,789 78,148 1,45,69, Central 1,4,23 1,4, Government/ State Government(s)/ President of India Sub total (B)(2):- 1,4,23 1,4, Non Institutions a) Individuals i. Individual shareholders holding nominal share capital up to Rs. 2 Lacs ii. Individual shareholders holding nominal share capital in excess of Rs. 2 Lacs. b) NBFCs registered with RBI C) Employee Trusts d) Overseas Depositories (holding DRs) 33,92,95 9,63,239 43,56, ,27,727 7,97,72 4,25, (.58) 2,59,7 2,59, ,76,563 2,76, ,284 8, ,839 5,839.1 (.)

5 (balancing figure) e) Any Other 6,559 6, (specify) # CLEARING MEMBER e) Any Other 5,29,146 43,984 5,73, ,61,772 39,855 5,1, (.13) (specify) # CORPORATE BODY e) Any Other 2,52,933 1,355 2,54, ,23, ,23, (.5) (specify) # NRI e) Any Other 1,58,79 1,58, (specify) # RESIDENT (HUF) e) Any Other 16,13,743 16,13, ,671 65, (2.7) (specify) # TRUST Sub-Total (B)(3) 78,56,81 1,8,578 88,64, ,25,651 8,37,95 7,63, (3.15) Total public shareholding (B) = (b) (1) +(b) (2) + (b) (3) 2,8,4,399 1,93,989 2,18,98, ,8,21,67 9,16,98 2,17,37, (.31) C. Shares held by custodian for GDRs & ADRs Grand total 5,62,97,21 1,93,989 5,73,91,1 1 5,65,17,362 9,16,98 5,74,33,46 1 (A+B+C) (ii) Shareholding of Promoters: S.No Shareholders Name Shareholding at the beginning of the No. of shares % of total shares of the company Shareholding at the end of No. of shares % of total shares of the company 1. Adishwar Enterprises LLP 1,14,13, ,3,18, (1.91) % change in shareholding 2. Flamingo Finance & Investment 3. Ramaniya Finance & Investment 4. Santon Finance & Investment 5. Mahavir Spinning Mills Private 6. Devakar Investment & Trading (Private) 5,32, ,32, ,24, ,24, ,56,33.8 4,56, , , ,92, ,92,

6 7. S.P. Oswal 5,97, ,97, Shakun Oswal 1,38, ,38, Suchita Jain 2,44, ,44, Sachit Jain Nil - Nil - Nil 11. Soumya Jain 7,23.1 7, Sagrika Jain 6, , Eastern Trading 53, , Amber Syndicate 77, , Northern Trading 74, ,12, Paras Syndicate 82, ,14, Vardhman Holdings 1,4,67, ,53,14, VTL Investments 1,23, ,3, (.3) Total 3,54,92, ,56,95, (iii) Change in promoter s Shareholding (please specify, if there is no change): S. No Name Shareholding Date Increase/ Decrease in shareholdi ng 1. Adishwar Enterprises LLP No. of shares at the beginning (1.4.17)/end of the ( ) % of total shares of the comp any 1,14,13, Apr Jul Jul Jul Jul Jan Jan Jan Jan Jan-218 (3,22) (3) (2,124) (4,554) (9,) (41,956) (1,2,523) (1,22,187) (1,11,217) Reason Cumulative Shareholding ( to ) No. of Shares 1,14,1,18 1,14,9,88 1,14,7,684 1,14,3,13 1,13,94,13 1,13,52,174 1,12,31,651 1,11,9,464 1,9,98,247 % of total shares of the

7 12-Jan-218 (1,24,253) 1,8,73, Jan-218 (1,22,184) 1,7,51, Jan-218 (1,24,628) 1,6,27, Jan-218 (1,24,74) 1,5,3, Jan-218 (1,9,45) 1,3,94, Jan-218 (36,) 1,3,58, Mar-218 (19,6) 1,3,38, ,3,18, Mar-218 (19,6) 1,3,18, Flamingo Finance & Investment 3. Ramaniya Finance & Investment 4. Santon Finance & Investment 5. Mahavir Spinning Mills Private 6. Devakar Investment And Trading Private 7. Mr. S.P. Oswal 5,32,959 5,32,959 4,24,234 4,24,234 4,56,33 4,56,33 98,944 98,944 61,92,786 61,92,786 5,97,591 5,97, Apr Shakun Oswal 1,38,615 1,38, Suchita Jain 2,44,424 2,44, Sachit Jain

8 11. Soumya Jain 7,23 7, Sagrika Jain 6,985 6, Eastern Trading 53,286 53, Ambar Syndicate 77,848 77, Northern Trading 16. Paras Syndicate 17. Vardhman Holdings 74,513 1,12, Mar Mar , Jan-218 1,14, ,4,67, May May May May May May May May May May June July July July July Aug Aug , 19,146 93,513 1,12, ,345 1,14, ,193 1,4,71, ,955 1,4,83, ,995 1,4,91, ,19 1,41,2, ,565 1,41,28, ,597 1,41,32, ,726 1,41,66, ,842 1,41,86, ,288 1,41,96, ,424 1,42,23, ,931 1,42,37, ,349 1,42,59, ,73 1,42,61, , 1,42,66, , 1,42,69, ,42,69, , 1,42,79,

9 1,53,14, Aug Aug Aug Aug Aug Aug Sep Sep Sep Jan Jan Jan Jan Jan Jan Jan Jan Jan-218 1,18 1, 6,344 7,65 3,222 1, 22, 19, ,879 1,24,1 1,15,186 1,14,261 1,17,821 1,16,11 1,15,56 1,16,247 94,951 Inter-se 1,42,8,699 1,42,9,699 1,42,97,43 1,43,4,648 1,43,7,87 1,43,17,87 1,43,39,87 1,43,59,46 1,43,59,87 1,44,,749 1,45,24,75 1,46,39,936 1,47,54,197 1,48,72,18 1,49,88,119 1,51,3,679 1,52,19,926 1,53,14, VTL Investments 1,23,473 1,3, Sep Sep-217 (19,536) (464) Inter-se sale 1,3,937 1,3,

10 (iv) Shareholding pattern of top ten shareholders (other than Directors, Promoters and Holders of GDRs and ADRs):- S.No. Name Shareholding Date Increase/ Decrease in shareholding Reason Cumulative Shareholding Top Ten Shareholders No. of Shares at beg ( )/end ( ) % of total shares of the No. of shares % of total shares of the 1. DSP BLACKROCK MIDCAP FUND 13,47, April-17 7-April-17 44,69 13,92, April-17 1,38,667 15,31, April-17 1,5, 16,81, June-17 49, 17,3, June-17 (6,551) 17,23, June-17 (1,411) 17,22, June-17 51,149 17,73, July-17 (44,543) 17,28, Dec-17 32,515 17,61, Dec-17 36,354 17,97, Jan-18 (1,164) 17,87, Mar-18 4,119 17,91, Mar ,94, ,94, HDFC TRUSTEE COMPANY LTD - A/C HDFC MID - CAPOPPORTUNITIES FUND 13,88, April May May-17 2-June-17 1,, (1,,) 1,, 14,88,756 13,88,756 14,88, Feb-18 (3,48,756) 11,4, ,4, 1.98

11 3. RELIANCE CAPITAL TRUSTEE COMPANY LIMITED A/C RELIANCE GROWTH FUND 4,66, April Sep Sep Nov-17 12,56, (13,388) 17,23,38 17,25,59 17,12, Dec-17 (1,47,912) 15,64, Jan-18 (57,638) 15,6, ,6, ,72, April-17 SUNDARAM MUTUAL FUND A/C SUNDARAM SELECT MIDCAP 27-Oct-17 1-Dec-17 (2,36) 141 4,7,222 4,7, ,7, FRANKLIN TEMPLETON MUTUAL FUND A/C FRANKLIN INDIA PRIMA FUND 8,87, April April May-17 (363) (6,64) 8,87,579 8,8, May-17 6,64 8,87, June-17 (6,64) 8,8, July-17 32,976 9,13, July-17 7,9 9,21, Aug-17 19,683 9,41, Aug-17 18,441 9,59, Sep-17 2,, 11,59, Sep ,74, Nov-17 31,39 12,5, Dec-17 7,15, 19,2, Jan-18 (1,) 19,19, ,19, UTI-DIVIDEND YIELD FUND 11,4, April April-17 (55,654) 1,48,

12 7,49, May May May May May-17 2-June-17 9-June June June-17 3-June-17 7-July July Aug-17 1-Sep Sep Sep Sep-17 4-Oct-17 3-Oct Nov Nov Dec Dec-17 5-Jan-18 9-Feb Feb Feb-18 (22,45) (28,167) (27,) (36,) 1,13,212 (1,43,581) (24,726) (36,412) (28,713) (45,) (22,781) (1,72,932) 37,65 5, (538) 22,62 (1,517) (264) (2,152) (4,117) 4,832 1, (2,512) 28,856 73,13 (1,15) 1,26,585 9,98,418 9,71,418 9,35,418 1,48,63 9,5,49 8,8,323 8,43,911 8,15,198 7,7,198 7,47,417 5,74,485 6,11,55 6,16,733 6,22,24 6,21,666 6,44,286 6,42,769 6,42,55 6,4,353 6,36,236 6,41,68 6,51,68 6,48,556 6,77,412 7,5,515 7,49,

13 7. FRANKLIN TEMPLETON INVESTMENT FUNDS 15,44, April-17 4-Aug-17 6, 16,4, Aug-17 56,18 16,6, Oct-17 11, 16,71, Oct-17 72,651 17,44, Feb-18 1,77,9 19,22, ,22, TEMPLETON GLOBAL INVESTMENT TRUST - TEMPLETONEMERGIN G MARKETS SMALL CAP FUND 4,68,44 4,68, April ASHISH KACHOLIA 5,29,325 5,29, April IDFC PREMIER EQUITY FUND 6,64,528 3,8, April-17 7-Apr May May May-17 2-Jun-17 3-Jun-17 7-Jul Jul-17 4-Aug Aug-17 1-Sep-17 (29,785) (1,,) (4,743) 1,4,743 (1,31,12) (1,) (58,) (35) 49,739 (1,) (4,) 6,34,743 5,34,743 5,3, 6,34,743 5,3,623 5,2,623 4,44,623 4,44,318 3,94,579 3,84,579 3,8,

14 v) Shareholding of Directors and Key Managerial Personnel: S. No A) DIRECTORS: 1. Mr. S.P. Oswal (Chairman and Managing 2. Mr. Sachit Jain (Joint Managing Name Shareholding Date Increase/ Decrease in shareholdi ng No. of shares at the beginning (1.4.17)/ end of the ( ) 5,97,591 5,97,591 % of total shares of the company Reason Nil Holding/ movement Nil Holding/ movement Cumulative Shareholding ( to ) No. of Shares % of total shares of the Comp any.. 3. Mr. Neeraj Jain (Joint Managing Jan Mar (5) ESOP 2,15 1, Mrs. Suchita Jain (Joint Managing 5. Mr. D.L. Sharma ( 1,515 2,44,424 2,44,424 3, Jan-218 Nil Holding/ movement. 2, ESOP Mr. A.K. Kundra (Independent 7. Mr. Prafull Anubhai (Independent 8. Dr. S.K. Bijlani (Independent Nil Holding/ movement. Nil Holding/ movement. Nil Holding/ movement.

15 9. Mr. Devendra Bhushan Jain (Independent 1. Mr. Rajendra Mohan Malla (Independent 11. Dr. Parampal Singh (Additional B) KEY MANAGERIAL PERSONNEL (KMP s): 1. Mr. Rajeev Thapar (Chief Financial Officer) 1. 8-Jan Mar Nil Holding/ movement. Nil Holding/ movement. Nil Holding/ movement. 2. Mr. Sanjay Gupta* June-217 ( Secretary and 17-Dec Compliance Officer) 734. * Mr. Sanjay Gupta has been appointed as Secretary (KMP) w.e.f. 1 st June, 217. (V) Indebtedness: 8 (2) ESOP Indebtedness of the including interest outstanding /accrued but not due for payment: Secured loans excluding deposits Unsecured loans Deposits Total indebtedness Indebtedness at the beginning of the financial i) Principal amount 2, , ii) Interest due but not paid iii) Interest accrued but not due Total (i+ii+iii) 2, , Change in indebtedness during the financial

16 Addition Reduction Net change Indebtedness at the end of the financial - j) Principal amount 2, , ii) Interest due but not paid iii) Interest accrued but not due Total (i+ii+iii) 2, ,37.31 (VI) Remuneration of Directors and Key Managerial Personnel: A. Remuneration to Managing Director, Whole time Directors and /or Manager: S. No 1. Particulars of Remuneration Gross Salary a) Salary as per provisions contained in section 17(1) of the Income Tax Act, 1961 b) Value of perquisites u/s 17(2) Income-Tax Act,1961 c) Profits in lieu of salary under section 17(3) Income Tax Act,1961 Name of MD/WTD/Manager Mr. S.P. Mr. Sachit Jain Mr. Neeraj Jain Mrs. Suchita Oswal Jain 65,31, 85,56,2 86,71,335 94,8, (In Rs.) Total Amount 3,31,66,337 7,18,78 39,6 66,867 39,6 8,64, Stock option - - 1,11,1-1,11,1 3. Sweat Equity Commission - As % of profit 14,4,51,159 47,93,55 6,5, 66,5, 16,15,44,79 - Others, specify 5. Others - Provident Fund - Superannuation Fund - Leave Travel Allowance - Group Personal Accidental Insurance 5,59, ,75,226 29,96-5,76, 3, 2,, 6,48, 29,917-23,59,26 89,877 2,, 3,778 3,778 3,778 3,778 15,112 Total (A) 15,18,64,445 1,39,98,116 1,66,9,8 1,67,79,295 19,92,5,936 Ceiling as per the Act 7,22,557,929

17 B. Remuneration to other directors: S. Particulars of No Remuneration 1. Independent Directors - Fee for attending board/ committee meetings - Commission - Others, please specify 2. Other Non-Executive Directors Name of Directors Mr. Prafull Anubhai Rs. 3,8,/- Mr. Kumar Neel Lohit (IDBI Nominee) Mr. A.K. Kundra Rs. 5,,/- Mr. Shravan Talwar Rs. 65,/- Dr. S.K. Bijlani Rs. 2,55,/- Mr. D.B. Jain Rs. 2,6,/- Mr. R.M. Malla Rs. 1,7,/- Dr. Paramapal Singh Total Amount Rs. 35,/- Rs. 16,65,/- -Fee for attending board/committee meetings - Commission -Others, Please specify Rs. 7,/- Rs. 7,/- Total (1) 3,8, 5,, 65, 2,55, 2,6, 1,7, 35, 16,65, Total (2) 7, , Total (B) =(1+2) 4,5, 5,, 65, 2,55, 2,6, 1,7, 35, 17,35, Total Managerial 2,9,85,936 Remuneration Ceiling as per the 792,281,372 Act C. Remuneration to key managerial personnel other than MD/Manager /WTD S. No Particulars of remuneration 1. Gross salary a) Salary as per provisions contained in section 17(1) of the Income Tax Act,1961 Key managerial Personnel CEO Secretary CFO Total Mrs. Karan Kamal Walia Mr. Sanjay Gupta Mr. Rajeev Thapar N.A. 1,,699 14,1,328 49,88,226 64,99,253 b) Value of perquisites u/s 17(2) Income Tax Act, ,192 27, Stock Option 4,4,44 4,4,44 3. Sweat Equity Commission - As % of

18 profit - Others, specify 5. Others: Provident Fund ,516 2,23,65 2,98,166 - Leave Travel Allowance - Total - 1,,699 14,84,844 56,43,58 72,29,51 Mr. Sanjay Gupta has been appointed as Secretary (KMP) w.e.f. 1 st June, 217. ii) Penalties/punishment /compounding of offences: Type Section of The Compani es Act A. Penalty Punishment Compounding B. Directors Penalty Punishment Compounding C. Others officers in default Penalty Punishment Compounding Brief Description Details of penalty/punishment/ compounding fees imposed N.A. Authority (RD/NCLT/C OURT) Appeal made, if any (give details)