Capital Structure of PFIZER Limited |
Authorised Capital | Paid-Up Capital |
Year | Class of Shares | No of Shares | Face Value Rs | Total Amount Rs. |
No of Shares | Paid Up Value Rs | Total Amount Rs. | Remarks |
1951 | Equity Unclassified | 2000 3000 |
100 100 |
200,000 300,000 500,000 |
2,000 | 100 | 200,000 | Incorporation in 1950 |
1960 | 7.5% Pref. Equity Unclassified |
15000 65000 20000 |
100 100 100 |
1,500,000 6,500,000 2,000,000 10,000,000 |
15,000 65,000 |
100 100 |
1,500,000 6,500,000 8,000,000 |
15000 pref.shares redeemed. 25100 Equity shares issued. |
1963 | Equity Unclassified | 650000 1850000 |
10 10 |
6,500,000 18,500,000 25,000,000 |
650,000 | 10 | 6,500,000 | Rs.100 shares subdivided into shares of Rs.10/- each. |
1964 | Equity Unclassified | 750000 1750000 |
10 10 |
7,500,000 17,500,000 25,000,000 |
750,000 | 10 | 7,500,000 | 100000 Equity shares issued. |
1965 | Equity Unclassified |
2000000 3000000 |
10 10 |
20,000,000 30,000,000 50,000,000 |
2,000,000 | 10 | 20,000,000 | 1250000 shares issued. Entire capital held. by Pfizer Corporation, Panama and its nominees. |
1966 | Equity Unclassified | 2660000 2340000 |
10 10 |
26,600,00023,400,000 50,000,000 |
2,198,000 462,000 |
10 6 |
21,980,000 2,772,000 24,752,000 |
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 |
1968 | Equity Unclassified |
3989100 1010900 |
10 10 |
39,891,000 10,109,000 50,000,000 |
3,987,480 Less:Arrears |
10 | 39,874,800 7,060 39,867,740 |
Rs 2 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. |
1972 | Equity Unclassified |
5583668 1416332 |
10 10 |
55,836,680 14,163,320 70,000,000 |
5,581,028 | 10 | 55,810,280 | In April, 1972, 1594568 Bonus Equity Shares issued in the prop. 2:5. |
1977 | Equity Unclassified |
10048488 451512 |
10 10 |
100,484,880 4,515,120 105,000,000 |
10,045,848 | 10 | 100,458,480 | 4484820 Bonus shares issued in prop. 4:5. |
1982 | Equity Unclassified | 11722788 277212 |
10 10 |
117,227,880 2,772,120 120,000,000 |
11,720,148 | 10 | 117,201,480 | 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. |
2000 | Equity Unclassified |
11722788 28277212 |
10 10 |
117,227,880 282,772,120 400,000,000 |
23,440,296 | 10 | 234,402,960 | 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. |
2003 | Equity Unclassified |
28800180 11199820 |
10 10 |
288,001,800 111,998,200 400,000,000 |
28,797,540 | 10 | 287,975,400 | 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 |
2005 | Equity Unclassified |
29844080 10155920 |
10 10 |
298440800 101559200 | 29841440 | 10 | 298414400 | 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. |
2014 | Equity Unclassified |
52844080 10155920 |
10 10 |
528440800 101559200 630000000 | 45747732 | 10 | 457477320 | 15906292 Equity Shares were issued to the shareholders of Wyeth Limited pursuant to the Order dated 31.10.2014 given by the Hon’ble Bombay High Court. These shares were allotted and issued on 17.12.2014 |
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%. |
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. |
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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The Blue Book – Summary of Pfizer Polices on - Business Conduct