Revision in Market Lot of Derivative Contracts on Individual Stocks
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Annual Report 2012-13 Awards & Recognitions
Annual Report 2012-13 Awards & Recognitions SRF’s Chemicals Business wins Deming Prize The Chemicals Business of SRF won the coveted Deming Prize during the year. Roop Salotra, President & CEO, Chemicals Business received the medal and certificate from Hiromasa Yonekura, Chairman, Deming Prize Committee, at a ceremony held in Tokyo on November 14, 2012. Deming Prize is awarded by the Union of Japanese Scientists and Engineers (JUSE). Key Milestones…….2012-13 The Packaging Films Business bagged the Best SEZ Award within the ‘EPCES Export Award’ instituted by the Export Promotion Council for the 6th consecutive year SRF set up the firstHot Laminated Facility in the country to be able to expand its product range for Laminated Fabrics and compete at the higher end of the market SRF’s Coated Fabrics Business added new products such as Pagodas, Double Sided Striped Awnings and Lacquered Tarpaulins (printable) SRF’s Fluorochemicals Business introduced two new products – trichloroethylene and perchloroethylene SRF’s Chemical Technology Group filed7 new process patents as intellectual property of the company taking the total number to 29 SRF’s Engineering Plastics Business introduced Halogen free environmental friendly products for electrical segment and also made a significant headway in the international market SRF Foundation was conferred with the reputed 12th Businessworld FICCI CSR Award 2011-12 for its Kidsmart Early Learning Programme under the category of ‘Exemplary Innovation Promoting CSR’ Contents Chairman’s Message 02 Company Information 04 Corporate Overview Notice 06 Directors’ Report 10 Management Discussion and Analysis 20 Corporate Governance Report 28 Management Reports Standalone Financial Statements 40 Consolidated Financial Statements 87 Financial Statements Annual Report 2012-13 Chairman’s Message Dear shareholders, Let me begin by sharing with you some good news. -
Pharma Limited. Lupin Limited, Lupin
Case 8:15-cv-03437-GJH Document 1 Filed 11/10/15 Page 1 of 17 UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND SHIRE PHARMACEUTICAL DEVELOPMENT INC., SHIRE DEVELOPMENT LLC, COSMO TECHNOLOGIES LIMITED, and NOGRA Civil Action No. PHARMA LIMITED. Plaintiffs, v. LUPIN LIMITED, LUPIN PHARMACEUTICALS INC., LUPIN INC., and LUPIN ATLANTIS HOLDINGS SA Defendants. COMPLAINT Plaintiffs Shire Pharmaceutical Development Inc., Shire Development LLC (collectively, "Shire"), Cosmo Technologies Limited ("Cosmo"), and Nogra Pharma Limited ("Nogra") (collectively, "Plaintiffs") by their undersigned attomeys, for their Complaint against defendants Lupin Limited ("Lupin Ltd."), Lupin Pharmaceuticals Inc. ("LPI"), Lupin Inc. ("Lupin Inc."), and Lupin Atlantis Holdings SA ("Lupin Atlantis") (collectively "Lupin" or "Defendants") herein, allege as follows: NATURE OF THE ACTION l. This is a civil action for patent infringement arising under the patent laws of the United States, Title 35, United States Code, involving United States Patent No.6,773,720 ("the '720 patent" or "the patent-in-suit"), attached hereto as Exhibit A. Case 8:15-cv-03437-GJH Document 1 Filed 11/10/15 Page 2 of 17 THE PARTIES 2. Plaintiff Shire Pharmaceutical Development Inc. is a corporation organized and existing under the laws of the state of Maryland, having its principal place of business at 1200 Morris Drive, Wayne, PA 19087. 3. Plaintiff Shire Development LLC is a limited liability company organized and existing under the laws of the State of Delaware, having its principal place of business at735 Chesterbrook Boulevard and 1200 Monis Drive, Wayne, Pennsylvania 19087. 4. Plaintiff Cosmo is a company organized and existing under the laws of Ireland, having its principal place of business at The Connolly Building, 42-43 Amiens Street, Dublin l, Ireland. -
India Capital Markets Experience
Dorsey’s Indian Capital Markets Capabilities March 2020 OVERVIEW Dorsey’s capital markets team has the practical wisdom and depth of experience necessary to help you succeed, even in the most challenging markets. Founded in 1912, Dorsey is an international firm with over 600 lawyers in 19 offices worldwide. Our involvement in Asia began in 1995. We now cover Asia from our offices in Hong Kong, Shanghai and Beijing. We collaborate across practice areas and across our international and U.S. offices to assemble the best team for our clients. Dorsey offers a full service capital markets practice in key domestic and international financial centers. Companies turn to Dorsey for all types of equity offerings, including IPOs, secondary offerings (including QIPs and OFSs) and debt offerings, including investment grade, high-yield and MTN programs. Our capital markets clients globally range from emerging companies, Fortune 500 seasoned issuers, and venture capital and private equity sponsors to the underwriting and advisory teams of investment banks. India has emerged as one of Dorsey’s most important international practice areas and we view India as a significant market for our clients, both in and outside of India. Dorsey has become a key player in the Indian market, working with major global and local investment banks and Indian companies on a range of international securities offerings. Dorsey is recognized for having a market-leading India capital markets practice, as well as ample international M&A and capital markets experience in the United States, Asia and Europe. Dorsey’s experience in Indian capital markets is deep and spans more than 15 years. -
Advanced Management Program (AMP)
Advanced Management Program (AMP) 24th Edition, 2019 4 Weeks August 19 – September 15, 2019 Overseas Learning Programme in Partnership with ESCP-Europe, European School of Management, Paris, France Vienna University of Eco. & Business Administration, Austria Frankfurt School of Finance & Management, Frankfurt, Germany RSM Erasmus University, Rotterdam, Netherlands University of Antwerp, Antwerp, Belgium Advanced Management Program (AMP) 24th Edition, 2019 STRATEGIC LEADERSHIP TRANSFORMATION IN THE DIGITAL AGE With the advent of digital technology, the concept of doing business has completely transformed. The agile, dynamic and hyper-linked work environment requires organizations to redefine the competencies of an effective leader in the digital era. Everyday communication is rapidly changing to virtual domains, based on continuously evolving social media platforms like Linkedin, twitter, instagram, pinterest and so on. Organizations have started realizing that the increased uses of internet applications, and social media has made today’s employees and customer more aware than ever. The traditional market place has taken a shape of digital platforms. Suppliers and customers meet directly, and the middle layers are disappearing. Manufacturing organizations earn a large part of their revenue from services. Therefore, focus on cost and process control is becoming as important as sales. The entire supply chain including suppliers and customers are becoming global. In order to understand the cross cultural issues and the best practices across the globe, global benchmarking is becoming essential. Rapid changing business environment has increased the pressure on the key performance measures of an organization. An organization cannot merely remain competitive only in one of the few dimensions of business performances such as cost, quality, service, agility, or speed. -
Escorts Limited •• S~F2
c ESCORTS February 19, 2021 BSE Limited National Stock Exchange of Delhi Stock Exchange Limited Phiroze Jeejeebhoy India Limited DSE House, 3/1, Asaf Ali Road, Towers, Dalal Street, Exchange Plaza, Sandra New Delhi -110002 Mumbai - 400001 Kurla Complex, Bandra East, Mumbai - 400051 BSE-500495 NSE - ESCORTS DSE -00012 ••'*' Subject: Intimation pursuant to Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/ Madam, In compliance of Regulation 31A of Securities and Exchange Board of India (Listing Obligations And Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has received the enclosed request letter cum undertaking dated February 19, 2021 from the following shareholders currently belonging to Promoter/ Promoter Group of the Company for their reclassification from category of 'Promoter/ Promoter Group' to 'Public': Name No. of Shares as on date Mr. Girish Behari Mathur- Promoter Group 179 Ms. Rachna Mathur - Promoter group I Person acting 75 in concert The Company would take necessary actions to give effect to the above request. ,, You are requested to take the same on record Thanking You, Yours faithfully, For Escorts Limited •• s~f2. Company Secretary & Compliance Officer Encl: As above ESCORTS LIMITED CorporatE1 Secretarial & Low Registered Office : 15/5, Mothura Rood, Foridobod - 121 003, Horyana, Indio Phone : +91-129-2250222, ' E·moil : [email protected], Website : www.escortsgroup.com Corporate Identification Number - L74899HR1944PLC039088 Date: February 19, 2021 To The Board of Directors Escorts limited 15/5, Mathura Road, Faridabad -121003, Haryana Dear Sir/ Madam, Sub: Removal of my name along with the Person acting in Concert from Promoter and Promoter Group shareholding of the Escorts Limited ("Company") Ref: Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) regulations, 2015 With reference to the above, I would like to inform that I, Girish Behari Mathur, along with my spouse Mrs. -
Press Release REC Limited
Press Release REC Limited March 30, 2021 Ratings Amount Facilities/Instruments Rating1 Rating Action (Rs. crore) Long term Market Borrowing CARE AAA; Stable 1,00,000.00 Assigned Programme for FY22 (Triple A; Outlook: Stable) 1,00,000.00 Total Long Term Instruments (Rs. One Lakhs Crore Only) CARE A1+ Commercial Paper issue for FY22 5,000.00 Assigned (A One Plus) Short term Market Borrowing CARE A1+ 5,000.00 Assigned Programme for FY22 (A One Plus) 10,000.00 Total Short Term Instruments (Rs. Ten Thousand Crore Only) Details of instruments/facilities in Annexure-1 Detailed Rationale & Key Rating Drivers The rating assigned to the market borrowing programme of REC Limited continues to factor in REC’s parentage as well as its strategic importance to Government of India (GoI) in the development of power sector in India. The rating factors in REC’s parentage as well as its strategic importance to Government of India (GoI) in the development of power sector in India. The rating also draws comfort from REC’s quasi-sovereign status that allows it to have a diversified resource profile, adequate profitability and comfortable capitalization levels. However the rating factors in risks associated with weakness in REC’s asset quality in exposure to private sector, high exposure to weak state power utilities and high sector-wise as well as borrower concentration risk. With respect to the acquisition of Government of India’s (GoI) existing 52.63% equity shareholding in REC Limited by Power Finance Corporation Limited (PFC; rated CARE AAA; Stable/ CARE A1+), the acquisition transaction was completed on March 28, 2019. -
Risk Profile Performance Vs Benchmark Asset Mix Performance
Performance Summary May 31, 2019 RICH Fund III ULIF 050 17/03/08 LRICH3 105 Fund Objective: Inception Date March 17, 2008 The objective of the fund is to generate ₹ superior long-term returns from a diversified Assets Invested 248.3 Million portfolio of equity and equity related instruments of companies operating in four Fatema Pacha important types of industries viz., Resources, Fund Manager(s) Funds Managed: 8 (8 Equity) Investment-related, Consumption-related and Human Capital leveraged industries. Benchmark BSE 200 NAV ₹ 26.0105 as on May 31, 2019 Return Risk Profile Fund Performance (As on May 31, 2019 ) Since 1 Month 6 Month 1 Year 2 Year 3 Year 4 Year 5 Year Inception Fund Return 1.62% 8.41% 3.84% 6.2% 9.95% 6.58% 10.13% 8.9% Benchmark Return 1.45% 7.78% 7.14% 9.41% 13.14% 8.98% 11.05% 9.31% Performance Vs Benchmark Asset Mix (As on May 31, 2019) 30.00 4% ₹ 9.28 Million 25.00 20.00 ) ₹ V in ( NA 15.00 10.00 5.00 Jan 10 Jan 12 Jan 14 Jan 16 Jan 18 96% ₹ 238.99 Million Period Equity and Equity related securities Minimum 80% RICH Fund III BSE 200 Debt, Money Market and Cash Maximum 20% Details are as per IRDAI Product Filing. Returns greater than 1 year are annualized. Past performance is not indicative of future performance. Performance Summary May 31, 2019 % of Invested Top 10 Sectors * Assets Financial and insurance activities 24.42% Computer programming consultancy and related activities 12.16% Infrastructure 9.13% Manufacture of coke and refined petroleum products 6.74% Manufacture of chemicals and chemical products 5.75% Manufacture of tobacco products 4.81% Manufacture of motor vehicles trailers and semi-trailers 3.71% Manufacture of pharmaceuticalsmedicinal chemical and botanical 2.98% products Manufacture of electrical equipment 2.44% Manufacture of other non-metallic mineral products 2.32% OTHERS 25.54% *As per IRDAI NIC industry classification Details are as per IRDAI Product Filing. -
Annual Report (2018-2019)
73rd Annual Report 2018-19 Inside the Report Core divisions Key highlights FY 2018-19* Corporate Overview Revenue 2 Escorts at a Glance (H in crores) 4 Milestone Moments 6 Product Suite 6,196.4 8 Operational Highlights Escorts Agri Machinery 10 Key Performance Indicators (EAM) 23.5% Y-o-Y growth 12 From the Chairman’s Desk Offers a comprehensive range of advanced farm 16 Message from the Executive Director machinery products and crop 18 External Environment solution services, enriching EBITDA 22 Management Speak agricultural productivity in (H in crores) 24 Customer Centricity India and globally. 26 Excellence 76.6% 733.3 28 Innovation of Revenue 30 Agility 31.6% Y-o-Y growth 32 Board of Directors 34 Leadership Team 36 Social and Environment Sustainability Profit after tax (H in crores) Statutory Reports 38 Management Discussion and Analysis Escorts Construction 484.9 48 Directors’ Report Equipment (ECE) addresses India’s diverse 40.7% 63 Report on Corporate Governance Y-o-Y growth infrastructure requirements 98 Business Responsibility Report with a wide basket of material handling, road building, Financial Statements earth moving and other Earnings 108 Standalone Financial Statements equipment services. per share (H) 186 Consolidated Financial Statements 17.0% of Revenue About Escorts 40.58 40.7% Escorts Limited (Escorts) is one Y-o-Y growth of India’s leading engineering conglomerates. We manufacture best-in-class equipment for agriculture, *Standalone Financials infrastructure and railways. Ever since inception, we have played an important role in helping shape the country’s socio-economic progress. Railway Equipment Division (RED) Across three core businesses in plays a key role in the which we operate, we are pursuing evolution of the Indian innovation, fostering collaborations, Railway, with frugally driving modernisation and implementing engineered products, advanced manufacturing practices, cutting-edge technology to bring the best that the world has and state-of-the-art Research to offer to India; and take India’s best and Development (R&D). -
S.No. NAME of APPLICANT IEC NO. 1 IBM INDIA PRIVATE LIMITED 0797006486 2 MAGSONS EXPORTS 0588055743 3 SHAHI EXPORTS PRIVATE LIMI
AEO T2 CERTIFIED ENTITIES S.No. NAME OF APPLICANT IEC NO. 1 IBM INDIA PRIVATE LIMITED 0797006486 2 MAGSONS EXPORTS 0588055743 3 SHAHI EXPORTS PRIVATE LIMITED 0588085481 4 NIPPON PAINT INDIA PRIVATE LIMITED 0505090619 5 DANFOSS INDIA PRIVATE LIMITED 0598045848 6 HONDA CARS INDIA LIMITED 0595049338 7 ANUPAM COLOURS PRIVATE LIMITED 0301012610 8 BOSCH AUTOMOTIVE ELECTRONICS INDIA PRIVATE LIMITED 0708022308 9 BOSCH LIMITED 0788000314 10 VELANKANI ELECTRONICS PRIVATE LIMITED 0715009729 11 FERRERO INDIA PRIVATE LIMITED 0707029953 12 SIEMENS LIMITED 0388070005 13 ENCUBE ETHICALS PRIVATE LIMITED 0396057993 14 NESTLE INDIA LIMITED 0588000531 15 3M INDIA LIMITED 0793012112 16 BIOLOGICAL E. LIMITED 0988000229 17 TOYOTA KIRLOSKAR MOTOR PRIVATE LIMITED 0797012451 18 MICROMAX INFORMATICS LIMITED 0503028665 19 3M ELECTRO & COMMUNICATION INDIA PRIVATE LIMITED 0493021329 20 DELL INTERNATIONAL SERVICES INDIA PRIVATE LIMITED 5196000691 21 EMBARKATION HEADQUARTERS 0307061281 22 USHODAYA ENTERPRISES PRIVATE LIMITED 0988001071 23 SAMSUNG INDIA ELECTRONICS PRIVATE LIMITED 0595032818 24 LENOVO INDIA PRIVATE LIMITED 0705001091 25 KUNDAN CARE PRODUCTS LIMTED 0504074008 26 INA BEARINGS INDIA PRIVATE LIMITED 3197032462 27 SCHNEIDER ELECTRIC INDIA PRIVATE LIMITED 0595007317 28 ORDNANCE FACTORY BOARD MUMBAI OFFICE MINISTRY OF DEFENCE 0307084434 29 JABIL CIRCUIT INDIA PRIVATE LIMITED 0302051139 30 KASTURI AND SONS LIMITED 0488007542 31 POPPYS KNITWEAR PRIVATE LIMITED 0488013011 32 ASTRA MICROWAVE PRODUCTS LIMITED 0991002300 33 CATERPILLAR INDIA PRIVATE LIMITED 0400023067 -
Lupin Limited: Rating Removed from Watch with Developing Implications
November 20, 2019 Lupin Limited: Rating removed from watch with developing implications Summary of rating action Instrument* Previous Rated Amount Current Rated Amount Rating Action (Rs. crore) (Rs. crore) Short-term Fund-based 1,100.0 1,100.0 [ICRA]A1+, removed from Limits rating watch with developing implications Short-term Non-fund 400.0 400.0 [ICRA]A1+; removed from Based Limits rating watch with developing implications Total 1,500.0 1,500.0 *Instrument details are provided in Annexure-1 Material event Lupin Limited, on November 11, 2019, announced that it has approved the divestment of its entire equity interest (representing 99.82% of the issued and paid-up capital) of Kyowa Pharmaceutical Industry Co. Ltd (Kyowa) by way of sale of shares to Plutus Limited (an entity affiliated with Unison Capital partners) at an enterprise value (EV) of JPY 57,361 million (Rs.3702 crore), subject to necessary approvals including Japan Fair Trade Commission and shareholders of the company. The proposed transaction is an all cash-transaction, valued at EV/sales of 2 times and will result in post- tax net cash inflow of ~JPY 32,596 million (Rs. 2,104 crore). The transaction is expected to be concluded within FY2020. Impact of material event ICRA has a short-term rating of [ICRA]A1+ (pronounced ICRA A one plus) assigned to the Rs. 1,100-crore short-term fund- based limits and Rs. 400-crore short-term non-fund based limits. The rating has been removed from watch with developing implications. Rationale The removal of the rating watch factors in the expected strengthening of the credit profile of Lupin Limited, following the divestment of Kyowa (which accounted for 10.6% of consolidated operating income (OI) and 9.1% of OPBDITA of Lupin in FY2019), along with receipt of post-tax cash proceeds of JPY 32,596 million (Rs.2,104 crore). -
BENCHMARK: Nifty Midcap
EMERGING LEADERS EQUITY FUND The objective of this fund is to generate capital appreciation in the long term through investments predominantly in mid cap stocks BENCHMARK: Nifty Midcap 100 Fund Performance as on 31st August 2021 Fund Benchmark 80% 73.7% 70.3% DATE OF INCEPTION 70% 60% TH 26 FEBRUARY 2018 50% 40% 35.9% 34.6% 30% 24.5% 22.1% 20% 15.4% 13.4% 12.6% 10.7% 10% 2.6% 2.2% 0% TOTAL Inception 3 yrs 2 yrs 1 yr 6 M 1 M 0% - 40% 100.0% 224.9 Emerging Leaders Equity Fund benchmark is Nifty Midcap 100 Money Market Actual AUM^ IN Modified Duration of Debt and Money Market: 0.00 years Allocation Rs. Crore Instruments and Past performance is not indicative of future performance Others 60% - 100% The SFIN for Emerging Leaders Equity Fund is ULIF02020/12/17EMLEDEQFND136 The Benchmark of the fund has been changed from Nifty Midcap 50 to Nifty Midcap 1.1% 2.6 Equity and Equity ^Assets Under Management 100 with effect from 1st January 2021. The Benchmark performance given above for Actual AUM^ IN Related Instruments Allocation Rs. Crore all tenures is as per Nifty Midcap 100. 98.9% 235.9 NAV as on 31st August 2021: Rs. 15.5667 Actual AUM^ IN Allocation Rs. Crore TOP 10 HOLDING AS ON 31ST AUGUST 2021 % Equity 98.9 SRF Limited 2.3 Shriram Transport Finance Company Limited 2.1 Cholamandalam Investment and Finance Company Limited 2.1 TOP 10 INDUSTRY SECTOR EXPOSURE (%) Crompton Greaves Consumer Electricals Limited 2.0 37.9 40 Laurus Labs Ltd 2.0 35 AU Small Finance Bank Limited 2.0 Bharat Forge Limited 2.0 30 Mphasis Limited 1.9 25 Mindtree Limited -
COMPETITION MONTHLY (June-July 2021) DUA ASSOCIATES
COMPETITION MONTHLY (June-July 2021) DUA ASSOCIATES 1. Karnataka High Court dismisses Amazon and with the exception namely the cases involving Flipkart’s petitions challenging the probe violation of fundamental human rights. ordered by the Competition Commission of India against their business practices The Kar HC accordingly dismissed the writ petitions. The Karnataka High Court (“Kar HC”) has dismissed the writ petitions filed by Amazon As per current information available, this Seller Services Pvt. Ltd. (“Amazon”) and Flipkart judgement is under appeal before a division Internet Pvt. Ltd. (“Flipkart”) challenging an bench of the Kar HC. Arguments have been heard order passed by the Competition Commission of by the Hon’ble Division Bench of the Kar HC in India (“CCI”) dated 13 January 2020 (“Impugned the matter, and order is reserved. Order”) directing investigation under Section 26(1) of the Competition Act, 2002 (“the Act”) by [Case: Amazon Seller Services Private Limited and the Director General. Ors. vs. Competition Commission of India and Ors., W.P. Nos. 3363 of 2020 and 4334 of 2020 (GM-RES). Before the Kar HC, it was argued by Amazon and Order dated 11 June 2021. The full text of the Flipkart that the Impugned Order was ultra vires judgment may be accessed here] the object and purpose of the Act and the said order suffers from non-application of mind. It was 2. Delhi High Court refuses to stay the notice also argued that the CCI had not formed any issued by Director General, Competition prima facie opinion with regard to contravention Commission of India, demanding more of any provision and no notice was provided to information on Whatsapp’s Privacy Policy them by CCI, which was not the practice is earlier cases.