EXTRACT OF ANNUAL RETURN Form No. MGT-9 (As on Financial Year ended on June 30, 2018) [Pursuant to Section 92(3) of Companies Act, 2013 and Rule 12(1) of Companies (Management and Administration) Rules, 2014] I. REGISTRATION AND OTHER DETAILS: i) CIN : L28931MH1984PLC267130 ii) Registration Date : February 9, 1984 iii) Name of : Gillette India Limited iv) Category / Sub- Category of v) Address of Registered Office and contact details vi) vii) Wher listed Name, Address and contact details of Registrar and Transfer Agent, if any : : limited by / Indian Non- Government : P & G Plaza, Cardinal Gracias Road, Chakala, Andheri (East), Mumbai 400 099 Tel : 022-2826 6000; Fax: 022-2826 7337 Website : www.pg.com/en_in : Yes : Mas Services Limited T-34, 2nd Floor, Okhla Industrial Area, Phase - II, New Delhi - 110 020 Ph:- 26387281/82/83 Fax:- 26387384 email:- info@masserv.com website : www.masserv.com II. PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY Sl. No. Name and Description of Products NIC Code of Product 1 Blades & razors 25931 79 2 Oral Care 20235 21 % to total turnover of III. PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES Holding [Section 2(46)]:- Sr. Name and address of CIN/GLN % of Held No. 1 The Procter & Gamble, USA (Ultimate holding ) Not applicable (Foreign ) Holds 75% through its subsidiaries 2 Procter & Gamble Overseas India B.V., Nerlands Not applicable (Foreign ) Holds 40.12 % directly & Holds 34.88 % through its subsidiaries The does not have any subsidiary companies or associate companies.
Sr. No. IV. SHARE HOLDING PATTERN (EQUITY SHARE CAPITAL BREAKUP AS PERCENTAGE OF TOTAL EQUITY) i. Category-wise Shareholding:- Category of Shares held at beginning of Shareholders year Demat Physical Total % of total Shares held at end of year % Demat Physical Total % of total change during year A. Promoters 1. Indian Bodies corporate 11364338-11364338 34.88 11364338-11364338 34.88 0.00 2. Foreign Bodies corporate 13073465-13073465 40.12 13073465-13073465 40.12 0.00 Total Promoter Shareholding (A) 24437803-24437803 75.00 24437803-24437803 75.00 0.00 B. Public Shareholding 1. Institutions Mutual funds 1547380-1547380 4.75 1355596-1355596 4.16-0.59 Financial Institutions 200875-200875 0.62 572020-572020 1.75 1.13 / Banks Foreign Institutional 1652353-1652353 5.07 1605617-1605617 4.93-0.14 Investors Sub Total (B)(1) 3400608-3400608 10.44 3533233-3533233 10.84 0.40 2. Non-Institutions Bodies Corporate - Indian 2020104 1559 2021663 6.20 2004091 1559 2005650 6.16-0.04 Individuals - Individual shareholders 1730986 124071 1855057 5.69 1650265 116983 1767248 5.42-0.27 holding nominal share capital up to Rs. 1 lakh - Individual shareholders 161975-161975 0.50 137095-137095 0.42-0.08 holding nominal share capital in excess of Rs. 1 lakh Ors - Non resident 664357 29558 693915 2.12 152123 24158 176281 0.54-1.58 - Clearing Member 10741-10741 0.03 8041-8041 0.02-0.01 - Trust 1675-1675 0.01 1630-1630 0.01 0.00 - NBFCs registered 1780-1780 0.01 1800-0.01 0.00 1800 with RBI - OCB - - - - 516436-516436 1.58 1.58 Sub Total (B)(2) 4591618 155188 4746806 14.56 4471481 142700 4614181 14.16-0.40 Total Public Shareholding (B) 7992226 155188 8147414 25.00 8004714 142700 8147414 25.00 0.00
Shares held by Custodian for GDRs & ADRs (C) Grand Total (A+B+C) - - - - - - - - - 32430029 155188 32585217 100.00 32442517 142700 32585217 100.00 0.00 ii. Shareholding of Promoters Sr. No. Shareholder s name Shareholding at beginning of year % of total Shares of % of Shares Pledged / encumbered to total Shareholding at end of year % of total Shares of % of Shares Pledged / encumbered to total % change in shareholding during year 1 Gillette Diversified Operations Private Limited* 2 Procter and Gamble Overseas India B.V. 3 Wella India Haircosmetics 4 Gillette Products 5 Nexus Mercantile 6 Mining Consultants India 1979433 6.08-11364338 34.88-28.80 13073465 40.12-13073465 40.12-0.00 6627254 20.34 - - - - (20.34) 1987280 6.10 - - - - (6.10) 133700 0.41 - - - - (0.41) 636671 1.95 - - - - (1.95) 24437803 75.00-24437803 75.00-0.00 *During Financial Year, Promoter group companies, Wella India Haircosmetics Private Limited, Gillette Products Private Limited, Nexus Mercantile Private Limited and Mining Consultants (India) Private Limited, merged with anor Promoter group company Gillette Diversified Operations Private Limited effective December 22, 2017 pursuant to Merger approved by Hon ble National Law Tribunal, Mumbai Bench vide its Order dated November 8, 2017
Sr. No. iii. Change in Promoters Shareholding Name of Shareholding at Shareholder beginning and 1 Gillette Diversified Operations Private Limited* 2 Wella India Haircosmetics end of year % of total Shares of Compa ny Date of change in shareholding Increase/ decrease in sharehol ding 1979433 6.08 22.12.2017 Increase by 28.80 % 6627254 20.34 22.12.2017 Decrease by 20.34% Reason for increase / decrease Inter-se merger promoter Inter-se promoter merger Cumulative Shareholding during year % of total Share s of Comp any 11364338 34.88 0 0 3 Gillette Products 1987280 6.10 22.12.2017 Decrease by 6.10% Inter-se promoter merger 0 0 4 Nexus Mercantile 133700 0.41 22.12.2017 Decrease by 0.41% Inter-se promoter merger 0 0 5 Mining Consultants India Private Limited* 636671 1.95 22.12.2017 Decrease by 1.95% Inter-se promoter merger 0 0 Note: During financial year, re is no change in total promoter shareholding Sr. No. iv. Shareholding Pattern of top ten Shareholders (or than Directors, Promoters and Holders of GDRs and ADRs) as on June 30, 2018: Name of Shareholder Shareholding at Increase beginning and end / decrease in of year shareholding % of total Shares of Date of change in shareholdin g Reason for increase / decreas e Cumulative Shareholding during year % of total Shares of 1 Bright Star Investments Pvt Ltd 290000 0.89 01-07-2017 - No change 290000 0.89
during year 290000 0.89 30-06-2018 2 National Westminster Bank Plc As Trustee Of The Jupiter India Fund 376341 1.15 01-07-2017 07-07-2017 6536 Transfer 382877 05-01-2018 (10076) Transfer 372801 12-01-2018 (15109) Transfer 357692 09-02-2018 3211 Transfer 360903 06-04-2018 4117 Transfer 365020 22-06-2018 (3577) Transfer 361443 29-06-2018 (4490) Transfer 356953 356953 30-06-2018 3 Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Tax Relief 96 369068 1.13 1-07-2017 07-07-2017 3947 Transfer 373015 1.145 14-07-2017 3526 Transfer 376541 1.156 21-07-2017 3712 Transfer 380253 1.167 28-07-2017 14316 Transfer 394569 1.211 04-08-2017 4093 Transfer 398662 1.223 11-08-2017 3296 Transfer 401958 1.234 18-08-2017 3042 Transfer 405000 1.243 25-08-2017 4138 Transfer 409138 1.256 05-01-2018 51204 Transfer 460342 1.413
12-01-2018 186 Transfer 460528 1.413 02-02-2018 23419 Transfer 483947 1.485 09-02-2018 6464 Transfer 490411 1.505 16-02-2018 1665 Transfer 492076 1.510 23-02-2018 7050 Transfer 499126 1.532 02-03-2018 6210 Transfer 505336 1.551 09-03-2018 12031 Transfer 517367 1.588 16-03-2018 5838 Transfer 523205 1.606 23-03-2018 7812 Transfer 531017 1.630 30-03-2018 4050 Transfer 535067 1.642 06-04-2018 4725 Transfer 539792 1.657 13-04-2018 11340 Transfer 551132 1.691 20-04-2018 9585 Transfer 560717 1.721 27-04-2018 5940 Transfer 566657 1.739 04-05-2018 7155 Transfer 573812 1.761 11-05-2018 9855 Transfer 583667 1.791 18-05-2018 8100 Transfer 591767 1.816 25-05-2018 8676 Transfer 600443 1.843 01-06-2018 7223 Transfer 607666 1.865 08-06-2018 8764 Transfer 616430 1.892 15-06-2018 8944 Transfer 625374 1.919 22-06-2018 9104 Transfer 634478 1.947 29-06-2018 7567 Transfer 642045 1.970 642045 1.970 30-06-2018
4 Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life MNC Fund 506145 1.55 1-07-2017 28-07-2017 (10800) Transfer 495345 1.52 05-01-2018 (17201) Transfer 478144 1.47 02-02-2018 (29619) Transfer 448525 1.38 448525 1.38 30-06-2018 5 Merrill Lynch Markets Singapore Pte. Ltd 6 Pari Washington Pvt. Ltd. A/c Pari Washington India Master Fund, Ltd. 471753 1.45 1-07-2017 - No Change during Year 471753 1.45 30-06-2018 242784 0.75 1-07-2017 471753 1.45 05-01-2018 (55464) Transfer 187320 0.57 12-01-2018 (6774) Transfer 180546 0.55 26-01-2018 (27) Transfer 180519 0.55 02-02-2018 (319) Transfer 180200 0.55 16-02-2018 (911) Transfer 179289 0.55 23-02-2018 (1873) Transfer 177416 0.54 02-03-2018 (2653) Transfer 174763 0.54 09-03-2018 (3309) Transfer 171454 0.53 16-03-2018 (1977) Transfer 169477 0.52 06-04-2018 (4031) Transfer 165446 0.51 13-04-2018 (3551) Transfer 161895 0.50
20-04-2018 (6093) Transfer 155802 0.48 27-04-2018 (4436) Transfer 151366 0.46 04-05-2018 (998) Transfer 150368 0.46 150368 0.46 7 HDFC Standard Life Insurance Limited 179842 0.55 30-06-2017 21-07-2017 (100) Transfer 179742 0.55 25-08-2017 250 Transfer 179992 0.55 05-01-2018 (18420) Transfer 161572 0.50 23-02-2018 (30) Transfer 161542 0.50 13-04-2018 (6793) Transfer 154749 0.47 154749 0.47 30-06-2018 8 Life Insurance Corporation Of India # 179056 0.55 01-07-2017 Transfer 21-07-2017 3500 Transfer 182556 0.56 28-07-2017 3074 Transfer 185630 0.57 04-08-2017 6857 Transfer 192487 0.59 11-08-2017 206 Transfer 192693 0.59 18-08-2017 5262 Transfer 197955 0.61 25-08-2017 500 Transfer 198455 0.61 05-01-2018 77949 Transfer 276404 0.85 12-01-2018 12000 Transfer 288404 0.89 01-06-2018 9800 Transfer 298204 0.92 08-06-2018 35400 Transfer 333604 1.02 15-06-2018 36496 Transfer 370100 1.14
388404 1.19 30-06-2018 22-06-2018 18304 Transfer 388404 1.19 9 Life Insurance Corporation Of India P & Gs Fund # 285 0.00 1-07-2017 21-07-2017 550 Transfer 835 0.00 28-07-2017 400 Transfer 1235 0.00 04-08-2017 4000 Transfer 5235 0.02 11-08-2017 165 Transfer 5400 0.02 18-08-2017 6897 Transfer 12297 0.04 25-08-2017 1728 Transfer 14025 0.04 05-01-2018 118030 Transfer 132055 0.41 12-01-2018 36500 Transfer 168555 0.52 168555 0.52 30-06-2018 10 Globalware Trading And Holdings Limited 516038 1.58 01-07-2017 - No change during year 516038 1.58 30-06-2018 516038 1.58 Note: The above information is based on weekly beneficiary position received from Depositories. # Not in list of Top 10 shareholders as on July 1, 2017. The same has been reflected above since shareholder was one of Top 10 shareholders as on June 30, 2018. V. SHAREHOLDING OF DIRECTORS AND KEY MANAGERIAL PERSONNEL Sr. no. Name Director of 1 Mr. Pramod Agarwal Shareholding at beginning of year Date of change of Increase / Reason for change Shareholding at end of year No of % of total Shareholdin Decreas No of % of total Shares of g e in Shares of shareho company lding company 0 0.00 30-11-2017 0.00 10 0.00
VI. INDEBTEDNESS The had no indebtedness with respect to secured or unsecured loans or deposits during Financial Year 2017-18. VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL A. Remuneration to Managing Director, Whole-time Directors and/or Manager Sl. no. Particulars of Remuneration Mr. Al Rajwani * (Amount in INR) (Rs. In Lakhs) Mr. Karthik Natarajan (Whole Time Director) 1 Gross salary (a) Salary as per provisions contained in section 137.84 63.12 17(1) of 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 2 Stock Option - - 3 Sweat Equity - - 4 Commission - - 5 Ors ** - - Total 137.84 63.12 Ceiling as per Act (5% of Net Profits of calculated as per Section 198 of Companies Act, 2013) * Mr. Al Rajwani received remuneration from Procter & Gamble Hygiene and Health Care Limited, and re-imburses towards same in proportion to its Net Outside Sales. Mr. Rajwani ceased to be Director and Managing Director effective June 30, 2018. ** Mr. Natarajan received remuneration from P&G Dubai. Certain components of his remuneration have been charged to during Financial Year. B. REMUNERATION TO OTHER DIRECTORS Rs. in lakhs Particulars of Remuneration Mr. B. S. Mehta Mr. C. R. Dua Mr. G. Das Mr. A. K. Gupta Mr. N. P. Sarda Total Amount Independent Directors Fee for attending board / 2.60 2.90 3.20 3.80 2.60 15.10 committee meetings Commission 11.00 11.00 11.00 11.00 11.00 55.00 Total 13.60 13.90 14.20 14.80 13.60 70.10 Ceiling as per Act - - - - -
(1% of Net Profits of calculated as per Section 198 of Companies Act, 2013) C. REMUNERATION TO KEY MANAGERIAL PERSONNEL OTHER THAN MANAGING DIRECTOR / MANAGER / WHOLE TIME DIRECTOR: Rs. in lakhs Sl. No Particulars of remuneration Ms. Flavia Machado Secretary Mr. Gagan Sawhney Chief Financial Officer 1 Gross salary (a) Salary as per provisions contained in section 17(1) of Income-tax Act, 1961 (b) Value of perquisites u/s 17(2) Income-tax Act, 1961 (c) Profits in lieu of salary under 1.88 - - 43.36 1.60 - section 17(3) Income-tax Act, 1961 2 Stock Option - - 3 Sweat Equity - - 4 Commission - - 5 Ors, please specify - 7.90 Total 1.88 52.86 * All employees of are given right to purchase of ultimate Holding The Procter & Gamble, USA under its International Stock Ownership Plan. Certain employees of are also entitled to Stock Option of ultimate Holding under its Employee Stock Option Plan. Details of same are disclosed vide Note 27 forming part of Financial Statements. VII. PENALTIES / PUNISHMENT/ COMPOUNDING OF OFFENCES: There were no penalties / punishment / compounding of offences for breach of any section of Companies Act against or its Directors or or officers in default, if any, during Financial Year.