ICICI Bank 2003 Annual Report Download - page 91

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1. ICICI Securities and Finance March 31, 2003 202,833,200 Equity Shares of Rs.10 99.9% 318,664 1,258,110 710,510 1,567,850
Company Limited each fully paid-up.
2. ICICI Brokerage Services Limited March 31, 2003 4,500,700 Equity Shares of Rs. 10 each 99.9% 54,774 93,987 Nil Nil
fully paid-up held by ICICI Securities
and Finance Company Limited.
3. ICICI Venture Funds Management March 31, 2003 3,124,890 Equity Shares of Rs. 10 each 100% 34,327 198,544 151,875 348,736
Company Limited fully paid.
4. ICICI International Limited, March 31, 2003 40,000 Ordinary Shares of USD 10 each 100% 13 11,513 2,446 13,336
Mauritius fully paid-up.
5. ICICI Home Finance Company Limited March 31, 2003 115,000,000 Equity Shares of Rs. 10 100% 56,450 136,486 230,000 Nil
each fully paid.
6. ICICI Trusteeship Services Limited March 31, 2003 800 Equity Shares of Rs. 10 each fully paid. 100% 225 214 Nil Nil
7. ICICI Investment Management March 31, 2003 10,000,700 Equity Shares of Rs. 10 each 100% 5,242 7,623 Nil Nil
Company Limited fully paid-up.
8. ICICI Prudential Life Insurance March 31, 2003 314,500,000 Equity Shares of Rs. 10 74% (1,089,142) (775,928) Nil Nil
Company Limited each fully paid-up
9. ICICI Lombard General Insurance March 31, 2003 81,400,000 Equity Shares of Rs.10 each 74% 24,405 (75,429) Nil Nil
Company Limited fully paid-up
10. ICICI Securities Holdings, Inc. March 31, 2003 1,600,000 Shares of USD 1 each held by 99.9% 3,057 (9,103) Nil Nil
ICICI Securities & Finance Company Limited
11. ICICI Securities Inc. March 31, 2003 1,050,000 Commom Stock of USD 1 each, 99.9% (5,484) (18,134) Nil Nil
fully paid up held by ICICI Sec. Holding Inc.
1. The above companies which were subsidiaries of erstwhile ICICI Limited have become subsidiaries of the Bank consequent to merger of ICICI Limited with ICICI Bank.
2. The amount received by the erstwhile ICICI Limited upto March 29, 2002 as dividend has also been included in the reserves of ICICI Bank.
3. ICICI Bank UK Limited (ICICI Bank UK) was incorporated on February 11, 2003 as a 100% subsidiary of ICICI Bank Limited with paid-up share capital of 1 pound. No accounts have been prepared
for financial period ended on March 31, 2003.
For and on behalf of the Board
N. VAGHUL K. V. KAMATH
Chairman Managing Director & CEO
LALITA D. GUPTE KALPANA MORPARIA
Joint Managing Director Executive Director
NACHIKET MOR CHANDA D. KOCHHAR
Executive Director Executive Director
S. MUKHERJI BALAJI SWAMINATHAN
Executive Director Senior General Manager
JYOTIN MEHTA N.S. KANNAN G. VENKATAKRISHNAN
Place : Mumbai General Manager & Chief Financial Officer & General Manager -
Date : April 25, 2003 Company Secretary Treasurer Accounting & Taxation Group
Sr. Name of the Subsidiary Financial year Number of Equity Shares held by ICICI Bank Extent of interest Net aggregate amount of Profits/(Losses) Net aggregate amount of Profits/Losses
No. Company of the Subsidiary and/or its nominees in the Subsidiary of ICICI Bank in of the Subsidiary so far as it concerns the of the Subsidiary so far as it concerns the
ended on as on March 31, 2003 Capital of Members of ICICI Bank and is not dealt with Members of ICICI Bank dealt with or provided
Subsidiary in the Accounts of ICICI Bank (see note 1) for in the Accounts of ICICI Bank (see note 2)
Rs. in thousands Rs. in thousands
for the financial for the previous for the financial for the previous
year ended financial years of the year ended on financial years of the
March 31, 2003 subsidiary since it March 31, 2003 subsidiary since it
became a subsidiary became a subsidiary
Statement pursuant to Section 212 of the Companies Act, 1956, relating to Subsidiary Companies
section 212