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Capital Structure of PFIZER Limited
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Authorised Capital
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Paid-Up Capital
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Year
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Class of Shares
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No of Shares
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Face Value Rs.
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Total
Amount Rs.
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No of Shares
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Paid Up Value Rs.
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Total Amount Rs.
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Remarks
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1951
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Equity
Unclassified
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2000
3000
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100
100
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200,000
300,000
500,000
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2,000
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100
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200,000
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Incorporation in 1950
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1960
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7.5% Pref.
Equity
Unclassified
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15000
65000
20000
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100
100
100
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1,500,000
6,500,000
2,000,000
10,000,000
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15,000
65,000
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100
100
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1,500,000
6,500,000
8,000,000
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15000 pref.shares redeemed. 25100 Equity shares issued.
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1963
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Equity
Unclassified
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650000
1850000
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10
10
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6,500,000
18,500,000
25,000,000
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650,000
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10
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6,500,000
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Rs.100 shares subdivided into shares of Rs.10/- each.
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1964
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Equity
Unclassified
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750000
1750000
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10
10
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7,500,000
17,500,000
25,000,000
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750,000
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10
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7,500,000
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100000 Equity shares issued.
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1965
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Equity
Unclassified
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2000000
3000000
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10
10
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20,000,000
30,000,000
50,000,000
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2,000,000
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10
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20,000,000
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1250000 shares issued. Entire capital held.
by Pfizer Corporation, Panama and its nominees.
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1966
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Equity Unclassified
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2660000
2340000
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10
10
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26,600,000 23,400,000
50,000,000
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2,198,000
462,000
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10
6
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21,980,000
2,772,000
24,752,000
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660000 shares issued in March 1966 at a premium of Rs.15 per share. 198000 shares
taken up by directors etc. and employees of the Company and 462000 shares offered
to public
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1968
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Equity
Unclassified
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3989100
1010900
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10
10
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39,891,000
10,109,000
50,000,000
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3,987,480
Less:Arrears
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10
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39,874,800
7,060
39,867,740
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Rs2 per share called up on Capital Account by 2nd January, 1958. In April,1958,
1800 shares forfeited. In July, 1968, 1329100 Bonus shares issued in prop. 1:2.
180 forfeited shares were thus reissued.
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1972
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Equity
Unclassified
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5583668
1416332
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10
10
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55,836,680
14,163,320
70,000,000
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5,581,028
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10
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55,810,280
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In April, 1972, 1594568 Bonus Equity Shares issued in the prop. 2:5.
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1977
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Equity
Unclassified
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10048488
451512
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10
10
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100,484,880
4,515,120
105,000,000
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10,045,848
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10
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100,458,480
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4484820 Bonus shares issued in prop. 4:5.
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1982
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Equity Unclassified
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11722788
277212
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10
10
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117,227,880
2,772,120
120,000,000
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11,720,148
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10
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117,201,480
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In Oct. 1982, 1674300 equity shares issued (prem. Rs.8 per share); 223240 shares
to UTI; 167430 shares to LIC; 167430 shares to GIC and its subsidiaries; 558100
shares as rights to the existing shareholders other than Pfizer Corporation, Panama
(USA) in prop. 5:27 and 558100 shares to the public.
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2000
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Equity
Unclassified
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11722788
28277212
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10
10
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117,227,880
282,772,120
400,000,000
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23,440,296
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10
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234,402,960
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At the 49th AGM held on 25.4.2000, the Authorised Capital of the Company was increased
to Rs.40 crores. In July, 2000, 11720148 equity shares were alloted as Bonus shares
in the ratio of 1:1.
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2003
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Equity
Unclassified
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28800180
11199820
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10
10
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288,001,800 111,998,200
400,000,000
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28,797,540
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10
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287,975,400
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On 10.9.2003, after the dismissal of SLP at the Supreme Court 5357244 Equity shares
were allotted to the Shareholders of Parke-Davis ( India ) Ltd., at the approved
swap ratio of 4:9 as per Scheme of Amalgamation. This is pursuant to the Bombay
High Court's Order dated 7-2-2003 .
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2005 |
Equity
Unclassified
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29844080
10155920
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10
10
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298440800 101559200
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29841440
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10
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298414400
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10,43,900 Equity Shares were issued to the shareholders of Pharmacia Healthcare
Ltd. Pursuant to the Order dated 04.02.2005 given by the Honarable Bombay High Court.
These shares were alloted on 28.04.2005 and issued on 03.06.2005.
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FOREIGN EQUITY DILUTION: During October 1982, the Company issued 16,74,300 new equity
shares of Rs. 10 each ar a premium of Rs.8 per share to reduce the foreign shareholding
in the Company to 60%.
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OFFER FOR SALE : with a view to voluntarily reducing foreign equily shareholding
in Pfizer Ltd., from 60% to 40%, Pfizer Corporation, U.S.A. offered for sale in
August 1988,23,44,050 equity shares out of their total holding of 70,32,100 shares
of Pfizer Ltd. The 23,44,050 shares which were offered for sale were allotted at
a price of Rs. 30 per share (face value Rs. 10 and premium Rs.20) in the following
manner: (i) 12,30,000 shares to Euphoric Pharmaceuticals Pvt. Ltd., Gujarat , (ii)
9,37,610 shares to the existing equity shareholders of the Company in the ration
of 1:5, (iii) 1,17,200 shares to employees and directors of Pfizer Ltd., and (iv)
59,240 shares to business associates of the Company.
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NON-CONVERTIBLE DEBENTURES: During 1990-91. the Company issued 14% Non-Convertible
debentures aggregating Rs.200 lakhs on private placement basis to ICICI. During
1991-92, the Company issued 2,00,000 – 16.5% redeemable non-convertible debentures
of Rs.100 each to ICICI.
These debentures are since third para redeemed period.
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