Page 270 - Index

Standalone
(C lakh)
Particulars As at December 31, 2023
% 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 42.69% 3,12,09,480
b) S&P Global Asian Holdings Pte. Limited 15.76% 1,15,23,106
c) Standard & Poor's International LLC 8.21% 60,00,000
2. Jhunjhunwala Rekha Rakesh 5.47% 40,00,000
As per records of the Company, including its register of shareholders/ members and other declarations received from
shareholders regarding beneficial interest, the above shareholding represents both legal and beneficial ownerships
of shares.
(f) Disclosure of Shareholding of Promoters
As at December 31, 2024
Promoter Name Shares held by Promoters % change
As at December 31, 2024 As at December 31, 2023
during the
year
No. of shares % of total shares No. of shares % of total shares
S&P India, LLC 3,12,09,480 42.68% 3,12,09,480 42.69% -0.01%
S&P Global Asian Holdings Pte. Limited 1,15,23,106 15.76% 1,15,23,106 15.76% 0.00%
Standard & Poor's International LLC 60,00,000 8.20% 60,00,000 8.21% 0.00%
As at December 31, 2023
Promoter Name Shares held by Promoters % change
As at December 31, 2023 As at December 31, 2022
during the
year
No. of shares % of total shares No. of shares % of total shares
S&P India, LLC 3,12,09,480 42.69% 3,12,09,480 42.72% -0.03%
S&P Global Asian Holdings Pte. Limited 1,15,23,106 15.76% 1,15,23,106 15.77% -0.01%
Standard & Poor's International LLC 60,00,000 8.21% 60,00,000 8.21% -0.01%
(g) Shares reserved for issue under options
For details of shares reserved for issue under the ESOS of the Company (refer to note 47).
(h) Capital management
The Company is predominantly equity financed and continues to maintain adequate amount of liquidity to meet
strategic and growth objectives. The Company manages its capital to ensure that it will be able to continue as going
concerns while maximising the return to its stakeholders. The Company has ensured a balance between earning
adequate returns on treasury asset and need to cover financial and business risk. The Company actively monitors its
portfolio and has a policy in place for investing surplus funds. Appropriate limits and controls are in place to ensure that
investments are made as per policy. The Company has an overdraft and other loan facilities (unsecured) sanctioned
from banks to support any temporary funding requirements, as and when required.
21. Explanation of reserves
a) General reserve
The general reserve is used from time to time to transfer profits from retained earnings for appropriation purposes.
As the general reserve is created by a transfer from one component of equity to another and is not an item of
268 Annual Report 2024