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Share CapitalCapital Trust were incorporated with an initial capital of INR 4 million. We had our first Public Issue of INR 6.0 million in December 1985, which was oversubscribed many times. We then came out with a Rights Issue, Right cum public issue in 1992 and 1994. The current Managing Director along with his associated company increased their equity ownership in July 2009 from 39% to 69% by repurchasing from other major shareholders. The purchase triggered a Public Offering. However, only a small number of shares amounting to only 6.27% shares were offered for sale by the shareholders. The company is listed on the Bombay Stock Exchange and has over 6,000 shareholders. Current market capitalization is INR 290 million as of August 2011 with a market price of INR 38. Floating stock is 31% and ownership interest is 69%. |