56Th Annual Report 2020

Total Page:16

File Type:pdf, Size:1020Kb

56Th Annual Report 2020 Andhra Paper Limited DRAWING FUTURE BY MERGING STRENGTHS ANNUAL REPORT 2019-20 DRAWING FUTURE BY MERGING STRENGTHS With the acquisition of Andhra Paper Limited (APL) by West Coast Paper Mills Limited (WCPM), the company is on a transformational journey to further consolidate its leadership position in the Indian Paper Sector. APL in its over 5 decades of existence has been showing the much-needed business agility to stay ahead of the curve and emerge stronger. The company, over the years, under the leadership of experienced promoters and senior management has adopted many advanced processes and practices which are unique in the paper industry. Stepping into 2021 and beyond, the company is drawing its future by merging capabilities gained in the past and renewed strategic intents. TABLE OF CONTENTS MANAGEMENT NARRATIVES 1 Chairman’s Address 02 APL’s Sustainable Business Model 04 Inspired Performance 06 Corporate Information 07 Innovative Products 08 Investing in People 10 Improving Our Planet 12 Sustaining Fiber Source 13 Corporate Social Initiatives 14 Board of Directors 16 Leadership Team 17 2 GOVERNANCE Management Discussion & Analysis 18 Board’s Report 27 Report on Corporate Governance 62 3 FINANCIAL SECTION Independent Auditor’s Report 78 Balance Sheet 84 Statement of Profit and Loss 85 Statement of Changes in Equity 86 Cash Flow Statement 87 Notes forming part of the financial statements 89 Annual Report 2020 1 CHAIRMAN’S ADDRESS Dear Shareholders values etched in the APL’s business model. The company will continue to focus on the five I AM DELIGHTED. growth drivers: This is my first address after West Cost Paper • Sustaining fiber source Mills Limited (WCPM) acquired majority stake in IP APPM. After the stake change, IP APPM has • Investing in people become Andhra Paper Limited (APL). WCPM • Improving the planet and APL coming under the same corporate • Creating innovative products umbrella is a significant event in the history of • Delivering inspired performance Indian Paper Industry. WCPM comes with over five decades of experience in the paper industry. while maintaining high standards of integrity and With WCPM’s industry knowledge and the well- people safety in everything the company does. defined management processes imbibed from Driven by our focus on growth drivers and previous promotor, APL is poised to succeed in operating principles, we have delivered another its strategic pursuits. inspired financial performance for the FY 2020. APL’s key strategies and goals are already in We achieved this performance despite having place and we are committed to preserve the lost 25 days (YoY) of production for undertaking 2 Andhra Paper Limited Looking ahead, our long-term outlook for the sector continues to remain positive, with the The management has taken current phase seen only as an aberration. the opportunity of the last The management has taken the opportunity of the last few months to re-examine the business few months to re-examine and operating models. Upon assessment of the the business and operating short term and long-term prospects, a series models. Upon assessment of initiatives have been set in motion aimed of the short term and long- at sustainable growth while minimising the adverse impact of economic cycle. One of the term prospects, a series of key focus area would be cash cost reduction, initiatives have been set in both operation cost as well as fixed cost. The motion aimed at sustainable Company is confident about adapting to this growth while minimising the phase of the business and would respond suitably to fulfil the needs of its customers. adverse impact of economic In the efforts of the past and in the changes cycle. we are envisaging for the future, our source of strength is the tireless spirit of our employees and I would like to thank them for their commitment, patience and hard work. major boiler maintenance work, and lower I would also like to thank our extended family of sales off take in March 2020 due to COVID-19 dealers, suppliers, financial institutions, strategic lockdown. With strong cash reserves and partners, and customers for their continuing faith improved ROIC, the company is well posed to in us. meet the future challenges and explore new Warm Regards growth avenues. Social and environment sustainability is engraved in our business model. With our social sustainability initiatives focused around three Shree Kumar Bangur areas i.e Education, Community Engagement and Chairman & Managing Director Health & Wellness, we stepped up our efforts to support our society in and around our operating environment, benefitting the community, students and schools. Our commitment to the environment sustainability initiatives are not just aligning with the statutory requirements but a bigger corporate responsibility. We commit to embrace this responsibility through “ Vision 2030” sustainability goals built around 3 drivers – Sustaining fiber source, Investing in people and Improving planet. I am confident that, in our pursuit to grow our business, we would be able to achieve our sustainability goals realizing our vision of being most successful, sustainable and responsible paper company. Annual Report 2020 3 How We Create Value ANDHRA PAPER STRIVES TO DO THE RIGHT THINGS, IN THE RIGHT WAY, FOR THE RIGHT REASONS Our Vision To be among the most successful, sustainable and responsible companies in India Operating Business Our Values Principles Objectives Safety of Our Employees Commercial Excellence & Create Value for Customers and Contract Workers Customer Focus Create Value for Shareholders Manufacturing Excellence High Ethical Standards Create a Great Place to Work Productivity | Low Cost Commitment to Excellence Efficiency | Compliance Support our Communities A Performance-based Culture APL's Sustainable Business Model Sustaining Fiber Source 4 Andhra Paper Limited About Us ESTABLISHED IN 1964, ANDHRA PAPER LIMITED IS ONE OF THE LARGEST INTEGRATED PAPER AND PULP MANUFACTURERS IN INDIA. The company since its inception has evolved through times and gained unique industry skills in all areas of paper business from multiple promoters. In 2011, the company was acquired by International Paper (IP), US which is the world’s largest paper manufacturer. In October, 2019 the controlling stake in the Company was acquired from IP by West Coast Paper Mills Ltd. (WCPM). Consequently, the Company became a Subsidiary of WCPM. WCPM, is one of the oldest and the largest producers of paper for printing, writing, and packaging in India. Established in 1955, WCPM is located at Dandeli in Uttara Kannada District in Karnataka. The Company produces writing, printing and copier papers for domestic and international markets. Annual Report 2020 5 INSPIRED PERFORMANCE Financial Performance Operational Performance Revenue (` in lakhs) Production Volume (MT) FY 17-18 127,980 FY 17-18 228,900 FY 18-19 142,733 FY 18-19 238,700 FY 19-20 126,970 FY 19-20 227,600 Profit After Tax (` in lakhs) Sales Volume (MT) FY 17-18 8,306 FY 17-18 230,900 FY 18-19 20,008 FY 18-19 238,700 FY 19-20 21,292 FY 19-20 213,600 EBITDA (` in lakhs) Paper Production (Tonnes per day) FY 17-18 22,676 FY 17-18 643 FY 18-19 39,317 FY 18-19 684 FY 19-20 31,702 FY 19-20 692 Free Cash flow (` in lakhs) Pulp Production (Tonnes per day) FY 17-18 20,730 FY 17-18 503 FY 18-19 33,695 FY 18-19 527 FY 19-20 21,299 FY 19-20 534 ROIC (%) OTIF (%) FY 17-18 15 FY 17-18 90 FY 18-19 30 FY 18-19 92 FY 19-20 29 FY 19-20 92 6 Andhra Paper Limited CORPORATE INFORMATION Registered Office Works Rajahmundry – 533 105 Unit: RAJAHMUNDRY East Godavari District Rajahmundry – 533 105 Andhra Pradesh, India East Godavari District, Phone: +91 883 247 1831 to 1834 Andhra Pradesh, India Fax: + 91 883 246 1764 Phone: + 91 883 247 1831 to 1834 Fax: + 91 883 246 1764 Corporate Office Krishe Sapphire Building, Unit: KADIYAM 8th Floor, 1-89/3/B40 to 42/KS/801, Industrial Area, Hi-tech City Main Road, M R Palem – 533 126 Madhapur, Kadiyam Mandalam, Hyderabad – 500081 East Godavari District, Telangana, India Andhra Pradesh, India Phone: +91 40 6810 1200 Phone: +91 883 245 4651 Fax: +91 40 6810 1255 Fax: +91 883 245 3538 www.andhrapaper.com CIN: L21010AP1964PLC001008 Auditors Deloitte Haskins & Sells, Chartered Accountants Hyderabad Cost Auditors Narasimha Murthy & Co., Cost Accountants Hyderabad Secretarial Auditors D. Hanumanta Raju & Co., Company Secretaries Hyderabad Bankers State Bank of India Axis Bank Citi Bank N.A. Bank of America N.A. BNP Paribas Annual Report 2020 7 INNOVATIVE PRODUCTS Innovative Products We continue to focus on creating innovative, sustainable and recyclable products that help our customers achieve their needs and satisfy changing consumers. APL manufactures a wide variety of writing, printing, copier and specialty papers for foreign and domestic markets. Writing and Printing We offer a wide range of superior quality writing and printing papers suitable for printing journals, text books, reference books, calendars and a variety of other commercial printing applications as well as for notebooks and diaries. 8 Andhra Paper Limited Copier The papers are available in best-in-class brightness and produced with Elemental Chlorine Free (ECF) Pulp technology. Our range is perfect for high volume photocopying and high-quality color printing needs and engineered to run flawlessly on all types of Photocopiers, Laserjet and Inkjet printers and Multi-functional devices. Specialty APL offers a wide range of superior quality Specialty grade products that are custom engineered to suit specific and diverse range of applications. Annual Report 2020 9 INVESTING IN PEOPLE HUMAN CAPITAL POSH HR Vision: Your Company is committed to provide equal opportunity and a harassment free workplace To become the top performing and most respected notwithstanding race, caste, religion, colour, ancestry, paper company in India.
Recommended publications
  • Gvk Jegurupadu Combined Cycle Power Plant 235 Mw (Phase-I) & 228 Mw (Phase-Ii) Jegurupadu Village East Godavari Dist
    HALF-YEARLY ENVIRONMENTAL COMPLIANCE REPORT For the period of April - September 2013 GVK POWER PLANT JEGURUPADU Index Page No Introduction 3 Compliance Status of Environmental Clearance – Phase-I 4 Compliance Status of Environmental Clearance – Phase-II 6 CFO Compliances Status 9 Environmental Monitoring Reports Treated Effluent Analysis – Phase-I 17 Treated Effluent Analysis – Phase-II 18 Ambient Air Quality Location Wise 19 Stack Emissions – Phase-I 21 Stack Emissions – Phase-II 22 Weather Data 23 Noise Levels – Phase-I 24 Noise Levels – Phase-II 25 Raw Water Consumption & Waste Water Generation – Phase-I&II 26 Page 2 of 26 INTRODUCTION 235 MW (Phase-I) CCPP: The 235 MW (ISO) Combined Cycle Power Plant is situated in Jegurupadu Village, Kadiyam Mandalam, East Godavari District, Andhra Pradesh was constructed by GVK Industries Ltd., Secunderabad and is India’s First Independent Power Project (IPP) to commence commercial operations. The combined cycle mode of the project has commenced operation on 20/06/1997. The station has a configuration of 3 Gas Turbines + 3 Heat Recovery Steam Generators + 1 Steam Turbine. The plant is designed for operations on Natural Gas (or) Naphtha (or) any combination of both fuels. The plant is being operated at part load using Natural Gas Supplied by Gail (India) Ltd., and sometimes on Naphtha as per the instructions of APSLDC. The project was accorded clearance by Andhra Pradesh Pollution Control Board (APPCB) vide letter # 14027/PCB/NOC/AEE/9/92-6884 dt. 16/04/1992 and by Ministry of Environment and Forests (MoE&F) vide letter # J-13011/16/90-IA.II dt.
    [Show full text]
  • Sri Srinivasa Nursery Gardens
    +91-8068970188 Sri Srinivasa Nursery Gardens https://www.indiamart.com/srisrinivasa-nursery-gardens/ The first and the largest nursery in West Godavari District, Gopalapuram. It is located on the State Highway-7 in between Gopalapuram and Koyyalagudem. It is spread in about 50 acres of land and is approx. 1 KM of distance on highway ... About Us The first and the largest nursery in West Godavari District, Gopalapuram. It is located on the State Highway-7 in between Gopalapuram and Koyyalagudem. It is spread in about 50 acres of land and is approx. 1 KM of distance on highway facing. We have been serving our clients by offering wide range of nursery plants. We make use of quality-approved insecticides, pesticides and other plant nutrients to nurture our wide collection of flowering plants, fruit plants, foliage plants, ornamental plants, palm plants and trees. Thus, owing to our excellent cultivating and plantation measures our experienced and qualified workers make our production better than others. We will undertake large scale of landscaping and highway plantations. We are having skilled laborers and having our own production unit in Gopalapuram, West Godavari Dist, as well as in Kadiyapulanka.We produce an impressive range of garden plants that have been tried and tested by us for their garden worthiness. We are supplying healthy plants like Avenue, Fruit, Ornamental, and rare variety of plants grown to the highest standards picked directly from our nursery and delivered to you in the best possible condition. SSNGardens has earned confidence of several leading Landscapers all over the country. Nurturing the plants with great care& prompt, Supply of best quality plants as desired by Landscapers.
    [Show full text]
  • ANDHRA PRADESH ------S.No Name of Undertaking/ Location Item of Manufacture Proposed Ack
    LIST OF INDUSTRIAL ENTREPRENEURS' MEMORANDUM (IEM) Filed From : 01/10/2009 to : 31/10/2009 STATE : ANDHRA PRADESH -------------------------------------------------------------------------------------------------------------------------------------------- S.No Name of Undertaking/ Location Item of Manufacture Proposed Ack. Address Annual No./ Capacity Date -------------------------------------------------------------------------------------------------------------------------------------------- 1 JAIPRAKASH ASSOCIATES LTD., KRISHNA CEMENT 5000000.000 2471 UNIT:JAYPEE BALAJI CEMENT ANDHRA PRADESH MT 01/10/2009 PROJECT, SECTOR 128, NOIDA GAUTAM BUDH NAGAR UTTAR PRADESH 201 304 NU Telephone Fax LOCATION VILL: BUDAWADA TEHSIL 2 RAJAPALAYAM MILLS LTD., KRISHNA VISCOSE SPUN YARN 1000000.000 2490 P.A.C.RAMASAMY RAJA SALAI ANDHRA PRADESH KGS 05/10/2009 RAJAPALAYAM VIRUDHUNAGAR TAMIL NADU 626117 NU Telephone Fax LOCATION GOPINENI TEHSIL 3 MANSAROVER ISPAT (INDIA)PVT.LTD., RANGAREDDY M.S.BILLETS /M.S.INGOTS 60000.000 2495 2-1-41,TOBACCO BAZAR, ANDHRA PRADESH TON 05/10/2009 SECUNDERABAD HYDERABAD 500 003 NADHRA PRADESH NU Telephone Fax LOCATION SY.NO.211,212,222& TEHSIL PARGI MANDAL 4 DWARIKA ISPAAT PVT.LTD., ANANTAPPUR M.S.BILLETS 75000.000 2508 446, IST FLOOR, ANDHRA PRADESH MT 06/10/2009 7TH CROSS, IST BLOCK JAYANAGAR,BANGALORE KARNATAKA 560 011 NU Telephone Fax LOCATION INDUSTRIAL PARK, TEHSIL HINDUPUR 5 DRA INDUSTRIES LTD., NELLORE ALLOY STEEL BILLETS 75000.000 2509 I-52,10TH STREET ANDHRA PRADESH TPA 06/10/2009 ANNANAGAR EAST, I-BLOCK, CHENNAI 600 102 TAMIL NADU NU Telephone Fax LOCATION INDUSTRIAL PARK TEHSIL OZILI MANDAL 6 DRA INDUSTRIES LTD., NELLORE GENERATION AND TRANSMISS 8.000 2510 I-52,10TH STREET, ANDHRA PRADESH ION OF ELECTRIC ENERGY MW 06/10/2009 ANNANAGAR EAST, I-BLOCK CHENNAI 600 102 TAMIL NADU NU Telephone Fax LOCATION INDUSTRIAL PARK TEHSIL OZILI MANDAL 7 SARAIWWALAA AGRR REFINERIES LTD., NELLORE VEGETABLE OILS REFINED 215000.000 2528 PLOT NO.
    [Show full text]
  • Analysis of Constraints Faced by Commercial Floriculture Nursery Owners in Kadiyam of Andhra Pradesh – Suggestions to Overcome Them
    Bulletin of Environment, Pharmacology and Life Sciences Bull. Env. Pharmacol. Life Sci., Vol 9[4] March 2020 : 49-52 ©2020 Academy for Environment and Life Sciences, India Online ISSN 2277-1808 Journal’s URL:http://www.bepls.com CODEN: BEPLAD Global Impact Factor 0.876 Universal Impact Factor 0.9804 NAAS Rating 4.95 ORIGINAL ARTICLE OPEN ACCESS Analysis of constraints faced by commercial floriculture nursery owners in Kadiyam of Andhra Pradesh – Suggestions to overcome them M. Uday Bhaskar*, M. Srinivasa Rao, P.V. Sathya Gopal Department of Agricultural Extension Agricultural College, Bapatla- 522101, Guntur District, Andhra Pradesh, India Corresponding author e-mail: [email protected] ABSTRACT Identification of key constraints and execution of suitable suggestions given by nursery owners is indispensable for the effective running of a nursery business. In this context, the data was collected from a sample of 120 nursery owners of Kadiyam in Andhra Pradesh to analyze the various constraints faced by nursery owners and also to elicit out the suitable suggestions given by them to overcome their constraints. Garrett Ranking technique was used to rank the constraints faced by the nursery owners whereas the suggestions offered to overcome their constraints were ranked on the basis of frequency and percentage of nursery owners who reported respective suggestions. Among the major constraints faced by nursery owners, scarcity of labour was the major constraint followed by unavailability of suitable soil, attack of pests and diseases, competition
    [Show full text]
  • OP No.12 of 2010 & IA No.38 of 2013
    ANDHRA PRADESH ELECTRICITY REGULATORY COMMISSION 4th Floor, Singareni Bhavan, Red Hills, Hyderabad 500 004 O.P.No.12 of 2010 & I.A.No.38 of 2013 Date: 23-05-2015 Present Sri Justice G. Bhavani Prasad, Chairman Dr. P. Raghu, Member Sri P. Rama Mohan, Member Between: A.P. State Load Despatch Centre through AP Transco … Petitioner (Petitioner in O.P.No.12 of 2010) A N D GVK Power & Infrastructure Limited “Paigah” House, 156-159, Sardar Patel Road Secunderabad – 500 003 Andhra Pradesh Rep. by its Director-Technical Mr. John Fernandes … Respondent (Respondent in O.P.No.12 of 2010) Between: A.P. State Load Despatch Centre Through AP Transco Chief Engineer, SLDC, AP Transco … Petitioner (Petitioner in I.A.No.38 of 2013 in O.P.No.12 of 2010) A N D 1. M/s. GVK Power & Infrastructure Ltd. (GVK Stage-I), Jegurupadu, Kadiyam Mandal Near Rajahmundry, E.G. District 2. M/s. GVK Industries Ltd (GVK Stage-I), Jegurupadu, Kadiyam Mandal Near Rajahmundry, E.G. District … Respondents (Respondents in I.A.No.38 of 2013 in O.P.No.12 of 2010) The petition and the interlocutory application have come up for hearing on 08-05-2015 in the presence of Sri M. Sodekar, AGM (Law) of the respondent(s) and Sri P. Shiva Rao, learned Standing Counsel for the petitioner. After carefully considering the material available on record and after hearing the arguments of the representative of the respondent(s) and the Page 1 of 13 learned Standing Counsel for the petitioner, the Commission passed the following: O R D E R 1.
    [Show full text]
  • Disaster Management E. Godavari District
    Introduction The East Godavari District is located in the North Coastal part of the state of Andhra Pradesh. The District boundaries are Visakhapatnam, West Godavari, Khammam Districts and Bay of Bengal.The District is known as rice bowl of Andhra Pradesh with lush paddy fields and coconut groves. It is also known as another Kerala. East Godavari, it is the Rice Granary of Andhra Pradesh, beckons tourists to have a glimpse of its rich cultural heritage. Where the lush paddy fields swaying in the breeze appear to dance in a celebration to life.The Headquarters of the District is located at Kakinada.The District is a residuary portion of the old Godavari District after West Godavari District was separated in 1925. As the name of the district conveys, East Godavari District is closely associated with the river Godavari, occupying a major portion of the delta area. East Godavari district is having the area of 10,807 Sq Kms with 7 Revenue divisions, 64 Revenue mandals and 1012 Grama panchayats with a population of 51,51,549 as per 2011 provisional census figures. The Headquarters of the District is located at Kakinada. East Godavari District lies North - East Coast of Andhra Pradesh and bounded on the North by Visakhapatnam District and the State of Orissa, on the East and the South by the Bay of Bengal and on the West by Khammam District of Telangana State and West Godavari Districts. Area of the District is 12,805 Sq.Kms including newly added Yetapaka Division. The District is located between Northern latitudes of 16o 30' and 18o 20' and between the Eastern longitudes of 81o 30' and 82o 30'.
    [Show full text]
  • File No.23-8/96-CZA(375)(Vol-I)(E) I/3222/2020 48
    File No.23-8/96-CZA(375)(Vol-I)(E) 48 I/3222/2020 Computer No. 146717 Government of India Ministry of Environment, Forest and Climate Change CENTRAL ZOO AUTHORITY B-1 Wing, 6th Floor, Pandit Deendayal Antyodaya Bhawan, CGO Complex, Lodhi Road, New Delhi – 110 003, Telephone: +91-11-24367846/51/52, E-mail: [email protected] Dated 23/12/2020 Through Registered Post / E-mail ORDER [UNDER SECTION 38-H(6) OF THE WILD LIFE (PROTECTION) ACT, 1972] Subject: Cancellation of recognition of the G.V.K. Deer Park, Jegurupadu, East Godavari District, Andhra Pradesh - regarding Whereas, recognition of the GVK Deer Park, Jegurupadu was cancelled by the CZA vide Order dated 20th August, 2018 for the reasons recorded therein. The Appellate Authority vide Order dated 18th July, 2019 disposed the appeal filed by the GVK Deer Park, Jegurupadu, East Godavari District, Andhra Pradesh. The Appellate Authority set aside the Central Zoo Authority’s Order and directed to reconsider application filed by the G.V.K. Deer Park for renewal of recognition for period beyond 23rd August, 2017 and to verify progress made by the Zoo Operator within one month. 2. And whereas, management of the G.V.K. Deer Park, Jegurupadu vide letter dated 15th July, 2019 informed this Office that the land on which the zoo exists is presently transferred by the Zoo Operator to the DISCOMS and that the Zoo Operator decided to close operation of the Zoo. Opportunity of hearing was provided to the Zoo Operator of the GVK Deer Park, Jegurupadu, on 26th August, 2019 as per provisions of Section 38-H(6) of the Wild Life (Protection) Act, 1972.
    [Show full text]
  • THE TERMS and CONDITIONS of the AUCTION SALE Properties Will Be Sold on “AS IS WHERE IS, AS IS WHAT IS and WHATEVER THERE IS”
    THE TERMS AND CONDITIONS OF THE AUCTION SALE Properties will be sold on “AS IS WHERE IS, AS IS WHAT IS AND WHATEVER THERE IS” M/S SIVA KALYANI PAPERS LTD Sri Manukonda V.V.Satyanarayana Reddy Managing Director, S/o. Sattayya, S.No.50/3-3 & 3-1 Adjacent to GVK Power Project JEGURUPADU – 533126, Kadiyam Mandala, E.G Dist.(AP) Sri Manukonda V.V.Satyanarayana Reddy Managing Director, (M/s. SIVA KALYANI PAPERS LTD) S/o. Sattayya, D.No.5-47, JEGURUPADU – 533126 Kadiyam Mandala, E.G District (AP) Sri Manukonda V.V.Satyanarayana Reddy Managing Director, (M/s. SIVA KALYANI PAPERS LTD) S/o Sattayya, Flat No.401 Sai Alekhya Apartments, Venkateswara Nagar RAJAHMUNDRY – 533103, East Godavari District (AP) Sri Manukonda V.V.Satyanarayana Reddy Managing Director, (M/s. SIVA KALYANI PAPERS LTD) S/o Sattayya, D.No.81-10-3/8, IMA Hall Road, Venkateswara Nagar RAJAHMUNDRY – 533106, East Godavari District (AP) Sri Manukonda Rajasekhar, S/o M. Suryanarayana Reddy D.No.17/20, BICCAVOLU, East Godavari District (AP) - 533343 Sri Manukonda Vamsi Krishna, S/o.Manukonda V.V.Satyanarayana Reddy, D.No..81-10-3/8, Prakashnagar, IMA Hall Road, Venkateswara Nagar, RAJAHMUNDRY – 533106 East Godavari District (AP) Name and address of the Sri Nimmagadda Ajay Babu, S/o Kutumba Rao Nimmagadda 1 Borrower/guarantor D.No. 8-3-968, Flat No.301, Meenakshi Park Side Apartment, Srinagar Colony, Ameerpet, HYDERABAD - 500073 Sri Nimmagadda Kutumba Rao, S/o. Sitha Ramaiah D.No. 8-3-968, Flat No.301, Meenakshi Park Side Apartment, Srinagar Colony, Ameerpet, HYDERABAD - 500073 Sri Nimmagadda Kutumba Rao, S/o.
    [Show full text]
  • 1. Salient Features of East Godavari District
    District Survey Report - 2018 1. Salient Features of East Godavari District East Godavari District which is one of the largest and the most populous district in the state of Andhra Pradesh, was successively ruled by Mauryas, Sathavahanas, Vishnu Kundins, Eastern Chalukyas, Cholas, Kakatiyas, Musunuri Chieftains, Kondaveeti Reddy Kings, Gajapathis, Kutubshahis and then by the British. It was under the Raj. On April 15, 1925, East Godavari District was formed as per G.O.No.502. East Godavari is the richest district of the state, in terms of GDP. It is both the cultural and tourist hub of the state. East Godavari is a district in Coastal Andhra region of Andhra Pradesh, India. Its district headquarters is at Kakinada. As of Census 2011, it became the most populous district of the state. Rajahmundry and Kakinada are the two large cities in the Godavari districts in terms of population. The district of Rajahmundry (present name Rajamahendravaram) was reorganised in 1859 into two districts of Godavari and Krishna. Godavari District was further bifurcated into East and West Godavari districts in 1925. After Nov 1956, Andhra Pradesh was formed by combining parts of Naizam, Ceded and Circars. In 1959, the Bhadrachalam revenue division, consisting of Bhadrachalam and Naguru Taluqs (2 Taluqas in 1959 but later subdivided into Wajedu, Venkatapruram, Charla, Dummugudem, Bhadrachalam, Nellipaka, Chinturu, Kunavaram, and Vara Rama Chandra Puram mandals) of East Godavari district were merged into the Khammam district. After June 2014's reorganisation and division of Andhra Pradesh, the Mandals of Bhadrachalam (with the exception of Bhadrachalam Temple), Nellipaka, Chinturu, Kunavaram and Vara Rama Chandra Puram were re-added to East Godavari District.
    [Show full text]
  • International Paper Appm Limited
    INTERNATIONAL@PAPER July 3, 2019 BSE Limited, National Stock Exchange of India Ltd. th 14 Floor, P.J. Towers, 11Exchange Plaza," Dalal Street, Plot No.C/1, G Block, MUMBAI :: 400 001 Bandra-Kurla Complex, Sandra {E), MUMBAI - 400 051 (BSE Scrip Code No.502330) (Symbol - lPAPPM; Series - EQ) Dear Sirs, Sub: Submission of Notice of 55th Annual General Meeting {AGM) and Annual Report for the financial year 2018-19 under Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 34 of SEBI {Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose a copy of the Notice of 55th Annual General Meeting and Annual Report for the financial year ended March 31, 2019, which is being circulated today to the Members of the Company. The aforesaid documents are available in the website of the Company viz., www.ipappm.com Kindly take the same on your record. Thanking you, Yours faithfully, For INTERNATIONAL PAPER APPM LIMITED C . \)A,,,J.r�<c.,, C. PRABHAKAR SR. VICE PRESIDENT (CORPORATE AFFAIRS) & COMPANY SECRETARY Encl: As above. INTERNATIONAL PAPER APPM LIMITED {Formerly known as The Andhra Pradesh Paper Mills Limited) (Corporate Identity Number: L21010AP1964PLC001008} Corp. Office: Krishe Sapphire Building, 8th Floor, 1-89/3/B40 to 42/KS/801, Hi-tech City Main Road, Madhapur, Hyderabad - S00 081, India. Tel: +91-40-3312 1000 Fax: +91-40-3312 1010 website: www.ipappm.com Regd. Office: Rajahmund ry - 533 105, East Godavari Dist., Andhra Pradesh, India. An ISO 9001, ISO 14001 and OHSAS 18001 Certified Company International Paper APPM Limited AGM Notice 2019 (Formerly The Andhra Pradesh Paper Mills Limited) INTERNATIONAL PAPER APPM LIMITED (Formerly known as The Andhra Pradesh Paper Mills Limited) (CIN: L21010AP1964PLC001008) Regd.
    [Show full text]
  • A Study on Association of Profile Characteristics with Entrepreneurial Behaviour of Commercial Floriculture Nursery Owners in Kadiyam
    A Study on Association of Profile Characteristics with Entrepreneurial Behaviour of Commercial Floriculture Nursery Owners in Kadiyam ABSTRACT Study on association of profile characteristics with entrepreneurial behaviour of commercial floriculture nursery ownersaimed to bring out a strategy for the policymakers and implementing agencies for entrepreneurship development in the study area. The present investigation was carried out at Kadiyam Mandal in East Godavari District of Andhra Pradesh. The present study revealed that the independent variables viz., education, land holding, experience in nursery business, training undergone, annual turnover, marketing pattern, credit acquisition and utilization, mass media exposure, material possession, social participation, extension contact, and level of aspiration have close association with entrepreneurial behaviour of commercial floriculture nursery owners. All the selected fourteen independent variables put together explained about 69.90 percent variation in the entrepreneurial behaviour of nursery owners. The partial regression coefficients implied that annual turnover, credit acquisition and utilization, land holding, material possession and education were the most important variables contributing to most of the variation in the entrepreneurial behaviour of nursery owners. Hence it is concluded that the policy makers and planners need to take up need-based efforts that help in improving those characteristics which contribute to the development of the entrepreneurial behaviour of nursery owners
    [Show full text]
  • 1 ANDHRA PRADESH ELECTRICITY REGULATORY COMMISSION 4 Floor, Singareni Bhavan, Red Hills, Hyderabad 500004 O.P. No.14 of 2010 &Am
    ANDHRA PRADESH ELECTRICITY REGULATORY COMMISSION 4 TH Floor, Singareni Bhavan, Red Hills, Hyderabad 500004 O.P. No.14 of 2010 & I.A.No.39 of 2013 Dated 03.06.2016 Present Sri P. Rama Mohan, Member and Adjudicating Officer In the matter of enquiry into non-compliance of backing down instructions of the Andhra Pradesh State Load Dispatch Centre (APSLDC) by M/s GVK Power & Infrastructure Limited., during the period from June, 2007 to May, 2010 and for imposing penalty in the petition filed by APSLDC under Section 33 read with Sections 143 and 144 of the Electricity Act, 2003 in O.P. No.14 of 2010 and I.A.No.39 of 2013 before the Commission. Between: A.P. State Load Dispatch Centre (APSLDC) through APTRANSCO ....Petitioner (Petitioner in O.P.No.14 of 2010) AND M/s GVK Power & Infrastructure Limited Jegurupadu Power Plant (Phase-II) Kadiyam – 533126, East Godavari ....Respondent (Respondent in O.P.No.14 of 2010) Between: A.P. State Load Dispatch Centre (APSLDC) through APTRANSCO ....Petitioner (Petitioner in I.A.No.39 of 2013 in O.P.No.14 of 2010) AND 1 1. M/s GVK Power & Infrastructure Limited Jegurupadu Power Plant (Phase-II) Kadiyam – 533126, East Godavari 2. M/s GVK Industries Limited Jegurupadu Power Plant (Phase-II) Kadiyam – 533126, East Godavari ....Respondents (Respondents in I.A.No.39 of 2013 in O.P.No.14 of 2010) Counsel for the petitioner : Sri P. Shiva Rao Sri G.V.Brahmananda Reddy Counsel for the Respondent(s) : Sri L.Venkateswara Rao Sri B.Mukesh Sri M.
    [Show full text]