The Company has only one class of equity shares. The par value of each equity share was Rs. 10 per share at the beginning of the year which is splitted into face value of Rs.1 per share. Each holder of equity shares is entitled to one vote per share. In the event of liquidation of company, the holders of equity shares will be entitled to receive remaining assets of company after settlement of all liabilities. The distribution will be in proportion to the number of equity shares held by the shareholders.

During the year company has issued 38,67,146 equity shares of Rs. 10 have been alloted as fully paid bonus shares by capitalization of Securities Premium of Rs. 3,86,71,460. Aggregate number of bonus shares issued, share issued for consideration other than cash during the period of five years immediately preceding the reporting date: In FY 2017-18 :- 18,75,000 equity shares of Rs. 10 have been alloted as fully paid bonus shares by capitalization of Securities Premium of Rs. 1,87,50,000

During the year company has splitted the equity shares of having face value of Rs. 10 each to equity shares having face value of Rs. 1 each in the ratio of 1:10, thereby increasing the total number of equity shares from 1,03,12,390 to 10,31,23,900.