About Us Corporate Info
Capital Structure
  Outstanding at 13 September 2011 AIM Code ISIN Code
 Ordinary Shares 75,001,463 IGC GB00B0P8RJ60






The Company’s share capital comprises of Ordinary Shares. Warrants were issued on admission to Shareholders on the basis of one Warrant for every five Ordinary Shares issued. The final exercise period for the Warrants ended on 25 May 2011, and all rights under unexercised warrants lapsed on 9 June 2011.

Ordinary Shares

75,000,000 ordinary shares of 1p each were in issue following admission on 22 December 2005. 63 ordinary shares were allotted with effect from 21 May 2009 and 1,400 ordinary shares were allotted on 18 May 2010 in each case following the exercise of warrants.

Each share carries one vote and ordinary shareholders are entitled to dividends when declared. Full details of the rights of ordinary shareholders are set out in the Admission Document. Shareholders should be aware that as the company is incorporated in Guernsey these rights may be different to the rights of shareholders in a UK incorporated company.


Substantial Interests

At 8 September 2011, 29.80% of the Ordinary Shares were not in public hands under the AIM Rules. Shareholders who at that date held an interest of 3% or more of the Ordinary Share Capital of the Company are set out in the table below.

  No. Shares % Holding
Caledonia Investments Plc. 17,983,830 23.98
HSBC Global Custody Nominee (UK) Limited 5,308,660 7.08
Banque de Luxembourg 5,000,000 6.67
Nortrust Nominees 4,670,093 6.23
Rathbone Nominees Limited 4,629,127 6.17
Chase Nominees Limited 4,021,860 5.36
BNY Mellon Nominees Limited 3,510,279 4.68
State Street Nominees 2,602,330 3.47


In addition, the Cayzer Trust Company Limited which has a substantial shareholding in Caledonia Investments Plc holds 2,000,000 shares in the Company (2.67%). At 8 September 2011, the Manager, India Investment Partners Limited and connected parties held in aggregate 2,201,334 shares (2.94%) arising principally from the reinvestment of performance fees in accordance with the Management Agreement


For full details please refer to the prospectus dated December 2005 available in the Official Documents section.