Page 269 - Index

Mission-Critical Decisions, Made with Confidence.
(C lakh)
Particulars As at December 31, 2023
J lakh Nos.
At the beginning of the year (face value of C 1 per share) 731 7,30,64,044
Add: Issued during the year - under employee stock option scheme (ESOS)
(refer to note 47)
-* 49,561
Outstanding at the end of the year 731 7,31,13,605
(b) (c) ‘-*’ in amounts column denote amount less than C 50,000
Terms/rights attached to equity shares
The Company has only one class of equity shares having par value of C 1 per share. Each holder of equity shares is
entitled to one vote per share. The Company declares and pays dividends in Indian Rupees. The dividend proposed by
the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting.
In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets
of the Company, after distribution of all preferential amounts. The distribution will be in proportion to the number of
equity shares held by the shareholders.
Shares held by holding/ultimate holding Company and/ or their subsidiaries
Out of equity shares issued by the Company, shares held by its Holding Company, Ultimate Holding Company and their
subsidiaries/ associates are as below:
Particulars As at
December 31, 2024
(C lakh)
As at
December 31, 2023
Group Holding of the S&P Global Inc.
31,209,480 equity shares of C 1 each fully paid held by S&P India, LLC, fellow
subsidiary (Previous year: 31,209,480 equity shares of C 1 each)
312 312
11,523,106 equity shares of C 1 each fully paid held by S&P Global Asian Holdings
Pte. Limited, fellow subsidiary (Previous year: 11,523,106 equity shares of C 1 each)
115 115
6,000,000 equity shares of C 1 are held by Standard & Poor's International LLC,
fellow subsidiary (Previous year: 6,000,000 equity shares of C 1 each)
60 60
Total 487 487
(d) (e) The Company has neither issued shares for consideration other than cash or bonus shares nor there has been any
buy back of shares during the five years immediately preceding the date of balance sheet.
Details of shareholders holding more than 5% shares in the Company
Name of the shareholder As at December 31, 2024
% holding
in the class
Nos.
Equity shares of J 1 each fully paid
1. Group Holding of the S&P Global Inc.
a) S&P India, LLC 42.68% 3,12,09,480
b) S&P Global Asian Holdings Pte. Limited 15.76% 1,15,23,106
c) Standard & Poor’s International LLC 8.20% 60,00,000
2. Jhunjhunwala Rekha Rakesh 5.19% 37,99,000
Annual Report 2024
267
Financial Statements