Calculating shareholding pattern - from mgt-7 and pas-3

Hello Everyone

I am trying to determine the shareholding pattern of a private company. The company has 3 kind of shares.

  • Equity – Face value 10/-
  • 0.001% Compulsorily Convertible Preference Share – Face Value – INR 10/-
  • 0.001% Compulsorily Convertible Preference Share – Face Value – INR 200/-

Now, in the latest annual return shareholding pattern is as below:-

S. No

Name

Equity Shares (10)

0.001% CCPS (INR 10)

0.001% CCPS (INR 20)

Total

1

Rohit

10,000

500

1,000

11,500

2

Abhay

0

500

0

500

3

Amit

0

0

500

500

 

Total

10,000

1,000

1,500

12,500

 

Now, an allotment of additional shares has happened post the filing of annual return which is indicated below:-

S. No

Name

Equity Shares (10)

0.001% CCPS (INR 10)

0.001% CCPS (INR 20)

Total

1

Rohit

0

0

0

0

2

Abhay

0

0

100

100

3

Amit

0

100

0

100

 

Total

0

100

100

200

 

So, the new shareholding after adding the newly allotted shares is as below:-

S. No

Name

Equity Shares (10)

0.001% CCPS (INR 10)

0.001% CCPS (INR 20)

Total

1

Rohit

10,000

500

1,000

11,500

2

Abhay

0

500

100

600

3

Amit

0

100

500

600

 

Total

10,000

1,100

1,600

12,700

 

Now if I am to calculate shareholding pattern percentage can I simply add the total no of share held by each investor and divide it by total no of shares.

So Does shareholding pattern would look as below or am I doing something wrong:-

 

S. No.

Name

No. of Shares/Total No of Shares

Shareholding (%)

1

Rohit

11,500/12,700

90.56%

2

Abhay

600/12,700

4.7%

3

Amit

600/12,700

4.7%

 

Total

12,700/12,700

100%

Replies (2)
In financial statements, shareholding pattern is to be disclosed for each class of equity share capital differently.
Also in your case other 2 are compulsory convertible PREFERENCE SHARES.

Hence you must prepare shareholding pattern chart for each class differently and not merge everything together and make 1 single chart.

Thank you for replying, Sahil.

Assuming Article of Association, provide conversion ration of 1:1, so each preference share will convert into one common stock and I am trying to get shareholding on a fully diluted basis, is the approach correct.

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