TATA Steel 2009 to 2013
1. Company background:
Mention the sectors that the company operates in, main products/brand names, market share, geographies of operations, new developments, main competitors etc.
Which business segment and/or geographical segment - generates most revenues, is the most profitable, employs the most capital & tangible assets
2. Company Management:
Board Size & Composition –is the board diverse enough with reference to Gender, Age, Educational Background, Experience, independence etc.
Has the company expanded board size?
Compensation to directors – as % of revenues & increase over last year.
How many Board meetings were held during the year?
Do these directors also hold directorships in other companies?
3. Shareholders:
Issued Share Capital : No of shares & par value -Rs10.
2009: 88,81,26,020
2010: 96,01,26,020
2011: 97,21,26,020
2012: 97,21,26,020
2013: 97,21,26,020 Has the company issued any shares during the year? Yes in 2009, 2010 and 2011
How & to whom were they issued?
2009: CCPS were compulsorily converted into 91,211,001
Ordinary Shares of Rs. 10 each at a premium of Rs. 590 per share on 1st September, 2009.
2010: 1,50,00,000 Ordinary Shares of ` 10/- each at a premium of ` 584/- per share aggregating to ` 891 crores
The Company completed a follow-on public issue of 5,70,00,000
Ordinary Shares of ` 10/- each at a price of ` 610 per share
(including premium of ` 600 per share) aggregating to ` 3,477 crores. The Ordinary Shares were allotted on 29th January, 2011 in accordance with the terms contained in the Prospectus dated
25th January, 2011.
2011: TSL exercised its option to convert
1,20,00,000 Warrants into Ordinary Shares at a price of ` 594/- per share. Accordingly, 1,20,00,000 Ordinary Shares of ` 10 each were allotted to TSL on 20th January, 2012 at a premium of ` 584/- per share aggregating to ` 712.80 crores.
After the preferential issue, the paid-up share capital of the
Company stands at ` 971.21 crores comprising of 97,12,14,450
Mention the sectors that the company operates in, main products/brand names, market share, geographies of operations, new developments, main competitors etc.
Which business segment and/or geographical segment - generates most revenues, is the most profitable, employs the most capital & tangible assets
2. Company Management:
Board Size & Composition –is the board diverse enough with reference to Gender, Age, Educational Background, Experience, independence etc.
Has the company expanded board size?
Compensation to directors – as % of revenues & increase over last year.
How many Board meetings were held during the year?
Do these directors also hold directorships in other companies?
3. Shareholders:
Issued Share Capital : No of shares & par value -Rs10.
2009: 88,81,26,020
2010: 96,01,26,020
2011: 97,21,26,020
2012: 97,21,26,020
2013: 97,21,26,020 Has the company issued any shares during the year? Yes in 2009, 2010 and 2011
How & to whom were they issued?
2009: CCPS were compulsorily converted into 91,211,001
Ordinary Shares of Rs. 10 each at a premium of Rs. 590 per share on 1st September, 2009.
2010: 1,50,00,000 Ordinary Shares of ` 10/- each at a premium of ` 584/- per share aggregating to ` 891 crores
The Company completed a follow-on public issue of 5,70,00,000
Ordinary Shares of ` 10/- each at a price of ` 610 per share
(including premium of ` 600 per share) aggregating to ` 3,477 crores. The Ordinary Shares were allotted on 29th January, 2011 in accordance with the terms contained in the Prospectus dated
25th January, 2011.
2011: TSL exercised its option to convert
1,20,00,000 Warrants into Ordinary Shares at a price of ` 594/- per share. Accordingly, 1,20,00,000 Ordinary Shares of ` 10 each were allotted to TSL on 20th January, 2012 at a premium of ` 584/- per share aggregating to ` 712.80 crores.
After the preferential issue, the paid-up share capital of the
Company stands at ` 971.21 crores comprising of 97,12,14,450