Share capital (Tables)

12 Months Ended

Mar. 31, 2022

Disclosure of classes of share capital [abstract]


Authorised share capital	Number of shares
Equity shares of INR 10 each
As at April 1, 2020 (pertains to RPPL)		500,000,000
As at March 31, 2021 (pertains to RPPL)		500,000,000
As at March 31, 2022*

Summary of Authorized Compulsory convertible preference shares


Compulsory convertible preference shares of INR 425 each (refer Note 18)	Number of shares
As at April 1, 2020 (pertains to RPPL)		60,000,000
As at March 31, 2021 (pertains to RPPL)		60,000,000
As at March 31, 2022*		—

Summary of Issued Share Capital


	Number of shares			Issued capital			Share premium
				(INR)			(INR)
As at April 1, 2020 (i)		379,924,556		3,799			67,165
As at April 1, 2021 (i)		379,924,556			3,799			67,165
Shares issued during the year (including compulsorily convertible preference shares converted to equity) (ii)		45,637,118			456			27,486
Total (i)		425,561,674			4,255			94,651
Adjustments / impact pursuant to the Transaction:
- Capital transaction involving issue of shares (net of costs of INR 3,660 related to issuance of equity shares) (refer Note 53(a)) (iii)		105,011,966			1,050			72,605
- Recognition of non-controlling interests		(49,732,523	)		(497	)		(13,226	)
- Adjustment to arrive at number of equity instruments of the Company		(92,336,396	)		—			—
As at August 23, 2021 (iv)		388,504,721			4,808			154,030
Shares issued during the period (v)		12,328,219			0			9,149
Effect of approved capital reduction*		—			—			(9,128	)
Shares pending cancellation*		(1,655,300	)		(0	)		—
As at March 31, 2022		399,177,640			4,808			154,051

(i)

Number of shares presented represents RPPL Shares. Equivalent number of equity instruments of the Company will be number of RPPL shares presented multiplied by exchange ratio established in the Transaction (i.e., 1 RPPL share to 0.8289 Company Share).

(ii)

During the year ended March 31, 2022, Series A compulsory convertible preference shares issued to certain existing shareholders were converted into equity shares on August 23, 2021 as per its original terms. Consequently, amortised cost of compulsory convertible preference shares of INR 27,665 which was classified as financial liability on the date of conversion was derecognised with recognition of issued capital amounting to INR 445 and share premium of INR 27,220.

(iii)

Number of shares presented represents shares issued by the Company for the Transaction. Deemed number of shares issued by RPPL is 127,381,626. Amount recognised in issued capital and share premium represents fair value consideration effectively transferred by RPPL.

(iv)

Number of shares presented represents Company's shares outstanding on consummation of the Transaction.

(v)

During the year ended March 31, 2022, the Company has issued class C shares on purchase shares held by non-controlling interests in RPPL. (refer Note 55(a))

(vi)

Before consummation of the Transaction, the Company had 1 equity share at par value of USD 0.01.