Page 94 - Index

19. Shares held in physical and dematerialised forms as on December 31, 2024
The break-up of physical and dematerialised shareholding as on December 31, 2024 is presented graphically below.
Distribution of holdings - Demat and Physical
0.06(%)
1.70(%)
98.24(%)
NSDL
CDSL
Physical
 Members who still hold share certificates in physical form
are advised to dematerialise their shareholding to avail
numerous benefits, including easy liquidity, ease of trading
and transfer, savings in stamp duty, and elimination of any
possibility of loss of documents.
20. Equity history since sub-division of shares
Date Particulars No. of shares Cumulative no. of shares
01.10.2011 No. of issued and fully paid-up equity shares of face value Re 1
each after stock split
70,968,440 70,968,440
04.01.2012 Extinguishment of shares consequent to buyback (-) 910,000 70,058,440
2012 Allotment of shares to employees on exercise of options granted (+) 177,300 70,235,740
2013 Allotment of shares to employees on exercise of options granted (+) 417,150 70,652,890
2014 Allotment of shares to employees on exercise of options granted (+) 704,165 71,357,055
2015 Allotment of shares to employees on exercise of options granted (+) 93,465 71,450,520
16.07.2015 Extinguishment of shares consequent to buyback (-) 511,932 70,938,588
17.10.2015 Allotment of shares to employees on exercise of options granted (+) 270,515 71,209,103
2016 Allotment of shares to employees on exercise of options granted (+) 126,255 71,335,358
2017 Allotment of shares to employees on exercise of options granted (+) 369,570 71,704,928
2018 Allotment of shares to employees on exercise of options granted (+) 410,854 72,115,782
2019 Allotment of shares to employees on exercise of options granted (+) 188,544 72,304,326
2020 Allotment of shares to employees on exercise of options granted (+) 288,964 72,593,290
2021 Allotment of shares to employees on exercise of options granted (+) 275,156 72,868,446
2022 Allotment of shares to employees on exercise of options granted (+) 195,598 73,064,044
2023 Allotment of shares to employees on exercise of options granted (+) 49,561 73,113,605
2024 Allotment of shares to employees on exercise of options granted (+) 16,185 73,129,790
21. Dividend
Dividend Policy: Crisil believes in maintaining a
fair balance between cash retention and dividend
distribution. Cash retention is required to finance
acquisitions and future growth and also as a means
to meet any unforeseen contingency. Crisil ’s Dividend
Policy specifies the financial parameters considered
when declaring a dividend, the internal and external
factors considered for declaring a dividend and the
circumstances under which shareholders can or
cannot expect a dividend. The Policy is available on the
Company’s website, https://www.crisil.com/content/
dam/crisil/investors/corporate-governance/dividend-
policy-clean.pdf.
Modes of payment of dividend: Dividend is paid
through the following two modes:
(a) Credit to the bank account via Electronic Clearing
Service (ECS)/National Electronic Clearing Service
(NECS)/SWIFT transfer
(b) Despatch of physical dividend warrants/cheques
92 Annual Report 2024