DOCSLIB.ORG

Bajaj Consumer Care Annual Report 2018-19

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Progress today for a brighter tomorrow Registered office: Old Station Road, Sevashram Chauraha, Udaipur 313 001, Rajasthan. Thirteenth Website: www.bajajconsumercare.com | Email: [email protected] Annual Report 2018-19 CSR Programmes Shiing of cropping pattern, from traditional to environment friendly crops, cultivation of turmeric crop in Wardha. Rejuvenation of rivers/streams thereby reviving the livelihood and lifeline of the distressed agrarian community in Wardha. 1 Contents Annual Report 2018 - 19 Board of Directors 2 th Chairman’s Letter 3 Notice 5 Directors’ Report 14 Bajaj Consumer Care Limited 13 Bajaj Consumer Care Corporate Governance Report 45 Management Discussion and Analysis Report 69 Business Responsibility Report 79 Independent Auditors’ Report on Standalone Financial Statements 87 Balance Sheet (Standalone) 94 Statement of Profit and Loss (Standalone) 95 Cash Flow Statement (Standalone) 97 Notes to Financial Statements (Standalone) 98 Independent Auditors’ Report on Consolidated Financial Statements 124 Balance Sheet (Consolidated) 130 Statement of Profit and Loss (Consolidated) 131 Cash Flow Statement (Consolidated) 133 Notes to Financial Statements (Consolidated) 134 Salient Features of Financial Statements of Subsidiaries/Associates/Joint Ventures 160 2 Board of Directors Mr. Kushagra Nayan Bajaj Non-Executive Chairman Annual Report 2018 - 19 th Mr. Sumit Malhotra Managing Director Mr. Aditya Vikram Ramesh Somani Bajaj Consumer Care Limited 13 Bajaj Consumer Care Independent Director Mr. Dilip Cherian Independent Director Mr. Gaurav Dalmia Independent Director Statutory Auditors Sidharth N Jain & Co. Ms. Vasavadatta Bajaj Chartered Accountants Non-Executive Director (Upto March 19, 2019) Secretarial Auditors A.K. Jain & Co. Ms. Lilian Jessie Paul Company Secretaries Independent Director (w.e.f. March 19, 2019) Bankers Kotak Mahindra Bank Limited Mr. D. K. Maloo Corporation Bank Chief Financial Officer HDFC Bank Limited Citibank N.A. Mr. Makarand Karnataki Company Secretary & Compliance Officer Registrar & Transfer Agent Karvy Fintech Private Limited Karvy Selenium Tower B, Plot 31-32, Gachibowli Financial District, Nanakramguda, Hyderabad – 500 032 3 Annual Report 2018 - 19 th Chairman’s Letter Bajaj Consumer Care Limited 13 Bajaj Consumer Care Dear Stakeholders, I have great pleasure in presenting the Annual Report of consumers across the world to help them get more out the company for the financial year 2018-19. of life”. Macro-Economic Outlook Company performance Despite several global headwinds, the Indian economy The overall performance during the year was satisfactory achieved stable growth mainly on the strength of ongoing and for the first time in history, we crossed the operating structural reforms. However, the year also witnessed revenue of ` 900 crores on a standalone basis with significant volatility in crude and currency movements. a growth of 9.4% compared to the previous year. The The rupee was under constant pressure and declined EBITDA for the year has been 284 Crores, which is a very considerably on account of rising crude oil prices and healthy 32% of our sales. This is despite rising cost of two strengthening of dollar due to higher fed rates. The key raw materials viz. light liquid paraffin which is directly consumer price inflation was within comfortable zone linked to crude oil and mustard oil. The cost of other raw despite elevated crude oil prices during most part of and packaging materials like perfume and glass bottles the year. India continued to improve its ranking in the also witnessed upward revision. However, by proactive ease of doing business and is continuously emerging purchases and selling price increases, we were able to as an important player in the world economy. The contain the rise in cost of goods sold and thereby mostly recent landslide victory of the BJP government and the retaining our margins. continuous pace of bold reforms is further expected to strengthen the growth prospects of the economy, though Continuing with our practice of rewarding shareholders, global challenges due to emerging trade tensions need to we have paid a handsome dividend of 1400% during the be assessed. year under review. New brand identity Brands At the beginning of the year, we had initiated an exercise Bajaj Almond Drops Hair Oil in corporate brand building to enable us to create a more For the first time in 25 years, Bajaj Almond Drops, our unified group brand and align our various businesses to a iconic hair oil brand witnessed a brand new packaging. shared brand identity. With the help of a globally renowned We hired a UK based design agency to help design the brand strategy and design company, we unveiled a new biggest change in its history. The brand has moved on brand identity for the organization. This includes a new from its classic color palate to a premium pearl maroon corporate logo and renaming the Company as “Bajaj and gold combination. The bottle design is sleeker, and Consumer Care Limited”, with more focus and purpose label taken an almond like tactile effect. towards “why we exist in the marketplace”. This has also helped us to realign ourselves as an organization which The brand re-launch has been very successful and has “Thinks Tomorrow”. Our new Vision now is “To harness resulted in market share as well as penetration gain. The our heritage of 90 years and combine it with leading edge value market share in light hair oil went up to 64% and scientific knowledge to bring innovative products for the performance of the brand in the total hair oil segment 4 touched an all-time high of 10%. This rise in market share approaches that sets benchmarks and standards for has been driven by increase in household penetration. others to emulate for sustainable development”. We The penetration of Bajaj Almond Drops has gone up from strive to empower rural communities to take charge of 17.6% to 20.1%, which is an impressive rise of 2.5% in their own development in a participatory manner by penetration within one year. developing and managing natural and human resources. Community development interventions focus on water Annual Report 2018 - 19 th The brand’s new look is a crucial step for the brand, and resources development and strengthening agro based it aims at targeting the new age consumers & build on livelihoods. Bajaj Foundation also promotes alternate its key imagery attributes of lightness, nourishment & agro based livelihood opportunities such as dairy farming, premium feel in an environmentally sustainable manner. natural farming, horticulture development, women’s In the last quarter of the year, we also launched ‘Bajaj empowerment through formation of their self-help Cool Almond Drops’ in a cooling hair oil segment have groups, promoting farmers’ producers companies, climate been well received in the market. proofing projects and biogas which not only provides Bajaj Consumer Care Limited 13 Bajaj Consumer Care additional steady income but enhances the quality of life Nomarks of the rural community. The other brand we relaunched during the year was ‘Nomarks’ which is showing positive result. On a company I wish to thank our villagers, government agencies and level, the brand has shown an impressive growth of 14% all stakeholders for their support which has ensured that on an annual basis. The market share of the brand in anti- we now reach 1120 villages benefitting 2.10 lakh families marks category continues to do well and is currently at covering 10.38 lakh people in Wardha (Maharashtra) and 8.6%. We also launched ‘Bajaj Nomarks Sunscreen’ in the Sikar (Rajasthan) districts to make them socio-economically ayurvedic anti-marks sunscreen category during the last prosperous districts. quarter of the year. Employees & organization culture Distribution The Company is continuously striving to attract the Distribution is one of the strengths of your company best talent, enhance employee experience and improve and we continued our focus on further improving it by employee retention. With the objective of being a great implementing latest technologies to improve efficiencies employer, we have conducted a cultural assessment of sales force. Today our brands are distributed through a through Egon Zhender, an HR consultancy firm of network of more than 7000 stockists which covers about international repute, to help us evolve an industry best 4 million retail outlets in the country. We are committed to employee friendly working culture. I am further delighted further invest in distribution and increase penetration and to share that your company has now been certified availability of our brands on the shelf. as Great Place to Work for building a high trust and high-performance culture. Strategy Way Forward In order to achieve full potential of our leading brand ‘Bajaj Almond Drops hair Oil’, we have engaged the We challenge the status quo every day to constantly services of Bain & Company (Bain), the renowned global change, grow and surge ahead with an eye on creating Management Consultant. Bain will help us in formulating a brighter tomorrow. We aim to create an organization a front-end strategy for growth and help in implementing which is future ready, system driven and create value it. It will help to grow our hair oil brands faster. They will be for our stakeholders. We will continue to strive for using their well respective BBA or Bain Brand Accelerator operational efficiencies through automation and effective model to guide us towards faster growth. The preliminary system
Recommended publications
  • November 06, 2020 BSE Limited Phiroze Jeejeebhoy Towers Dalal

    November 06, 2020 BSE Limited Phiroze Jeejeebhoy Towers Dalal

    November 06, 2020 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers The Exchange Plaza Dalal Street Bandra Kurla Complex Bandra Mumbai 400001 (East) Mumbai 400051 Scrip code: 541770 Scrip code: CREDITACC Dear Sir/Madam, Subject: Press Release –Q2 FY21 Results Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and with reference to the above subject, we hereby submit the enclosed press release for your kind information and records. Thanking you, Yours sincerely, For CreditAccess Grameen Limited M J Mahadev Prakash Head - Compliance, Legal & Company Secretary Membership No: A16350 CreditAccess Grameen Limited – Second Quarter FY20-21 Results Gross Loan Portfolio up 41.5% YoY to INR 11,183 crore Borrower Base up 47.0% YoY to 38.8 lakh borrowers PPOP up 26.9% YoY to INR 197 crore Consolidated PAT of INR 80 crore Bengaluru, 6th November 2020: CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770, ‘CAGL’), country’s leading microfinance institution, today announced its unaudited and limited reviewed financial performance for the second quarter and first half of financial year ending March 31,2021. Consolidated Highlights Q2 FY21: • Gross loan portfolio grew by 41.5% YoY from INR 7,905 crore to INR 11,183 crore • Borrowers grew by 47.0% YoY from 26.4 lakh to 38.8 lakh • NII grew by 31.6% YoY from INR 251.4 crore to INR 330.9 crore • PPOP grew by 26.9% YoY from INR 155.1 crore to INR 196.9 crore • Total ECL provisions were INR 561.9 crore (5.17% of loan portfolio).
  • 5000320316.Pdf

    5000320316.Pdf

    5 YEARS PERFORMANCE TRENDS : 2011-2016 C Crore BALANCE SHEET 31.03.2016 31.03.2015 31.03.2014 30.09.2012* 30.09.2011 EQUITY AND LIABILITIES Shareholders’ funds Share capital 111.68 81.02 63.94 63.94 22.84 Reserves and surplus 2,247.56 1,725.75 2,495.30 4,030.34 3,117.07 Sub total 2,359.24 1,806.77 2,559.24 4,094.28 3,139.91 Non-current liabilities Long-term borrowings 6,345.98 7,111.34 2,509.57 1,500.69 2,239.74 Other long-term liabilities - - 179.40 - - Deferred tax liabilities (net) - - - - 87.74 Long-term provisions 29.02 26.58 41.36 31.84 26.86 Sub total 6,375.00 7,137.92 2,730.33 1,532.53 2,354.34 Current liabilities Short-term borrowings 36.45 146.21 3,076.14 3,286.30 1,424.33 Trade payables - micro and 0.77 - - - - small enterprises Trade payables - others 2,194.95 2,789.84 2,815.92 236.40 284.82 Other current liabilities 766.17 102.04 1,245.84 1,018.66 2,554.99 Short-term provisions 120.64 93.79 100.94 29.13 34.74 Sub total 3,118.98 3,131.88 7,238.84 4,570.49 4,298.88 Total 11,853.22 12,076.57 12,528.41 10,197.30 9,793.13 ASSETS Non-current assets Fixed assets Tangible assets 4,669.26 4,889.82 4,986.71 5,419.50 5,389.12 Intangible assets - - 0.13 0.35 0.52 Capital work-in-progress 18.74 8.26 8.14 7.40 24.29 Non-current investments 2,281.71 2,281.71 2,431.05 1,600.36 1,343.79 Long-term loans and advances 40.64 48.08 60.57 92.11 74.87 Other non-current assets 3.83 3.66 1.40 1.68 1.32 Sub total 7,014.18 7,231.53 7,488.00 7,121.40 6,833.91 Current assets Current investments - - - - 0.05 Inventories 1,924.12 2,179.29 2,673.50 558.24 467.82 Trade receivables 308.72 168.99 225.48 192.02 248.20 Cash and bank balances 117.09 88.07 128.24 180.30 583.77 Short-term loans and advances 1,913.61 1,773.83 1,491.11 1,735.82 1,227.26 Other current assets 575.50 634.86 522.08 409.52 432.12 Sub total 4,839.04 4,845.04 5,040.41 3,075.90 2,959.22 Total 11,853.22 12,076.57 12,528.41 10,197.30 9,793.13 * The fi gures of Financial Year 2011-12 include the effect of amalgamation of Bajaj Eco-Tec Products Ltd.
  • @Jessie Paul Jessie@Paulwriter.Com

    @Jessie Paul [email protected]

    Sponsored By Certification Module: Connected CMO Module 4 Your Marketing Plan - Jessie Paul Elements of a marketing plan 1 2 3 4 5 6 7 8 9 10 INFLUENCE THOUGHT MEDIA MEDIA CUSTOMER PROMOTION PROSPEC PARTNER MESSAGING R LEADERSHI EVENTS CHANNELS RELATIONS MINING S T MINING MARKETING RELATIONS P The buyer cycle INITIAL PROBLEM PHASE SHORTLISTING FINAL SELECTION POST-PURCHASE RESEARCH DEFINITION Industry trends Locations, Best solution Rationalizing Competitor Customised to Referrals Demonstrated purchase Offers Industry Specific competency Add-on Benefits Query 3rd Party Ease of use Solutions Pricing Deepen or Validations Compatibility Relationship with Hand-holding disengage Rankings sales Speed of closure Solution design Company Testimonials Benchmarks, - Industry - Industry Specific updates Success Stories ROI, Y-o-Y Research Solutions 3rd party reviews Awards savings - Success Stories - Use cases Customer Content Rankings Pricing models - Influencer - Accessibility i.e. testimonials Analyst reports 3rd party Reports contact channels Cross-sales Payment Models verification of Added Benefits Additional value claims Member Webinars community Tweetchats Roundtables Awards platform Online ads Workshops Advertorials White papers Marketing Product Advertorials Certification Facilitated Case Studies advisory boards Tools Newsletters programs3 connections to Product Customer meet Conferences peer customers Reviews Advocacy Ranking SOURCE: PAUL WRITER RESEARCH, FORESTER, GARTNER program 1. Messaging: Branding House DIFFERENTIATO R WHYasasaasasa
  • Status of Women Workforce in Corporate Sector with Reference to Gender Inequality in Work Place and the Provision of Companies Act, 2013

    Status of Women Workforce in Corporate Sector with Reference to Gender Inequality in Work Place and the Provision of Companies Act, 2013

    International Journal of Sociology and Social Anthropology (IJSSA), 1(1): 99-104, Dec. 2016 © 2016 New Delhi Publishers. All rights reserved Status of Women Workforce in Corporate Sector with Reference to Gender Inequality in Work place and the Provision of Companies Act, 2013 Soma Roy Dey Choudhury Assistant Professor, Commerce, Assam University, Silchar, Assam, INDIA Corresponding author: [email protected] Abstract Gender inequality, which is sometimes called sex discrimination, means receiving unequal treatment based solely on gender. Women are most commonly the subject of gender inequality in the workplace. The contribution of women in corporate sector is essential for the success and prosperity of nations across the world. In spite of many odds women across the glove continued to make incredible progress. However the role of women in economic value creation has not been recognized universally rather they are playing a supportive role in economic value creation. According to NASSCAM, the ratio of men and women in Information Technology and Information Technology Enabled Services sector is 65:35 by the year 2010. The Watson Wyatt study says that the younger generation of women in India is expected to achieve educational parity with men by 2016. So corporate recruiters, are also enthusiastic to hire women for successful management practices and adopted a new provision for women representation on Board in Companies Act 2013. The present paper focuses on the status of women workforce in corporate sector by emphasizing on gender inequality and income disparity. Since the development and empowerment of women is imperative for the inclusive growth of the nation. The study also emphasized on the contribution made by the New Companies Act 2013 for empowerment of women.
  • PC 11 PJ 110275 10.25IN X 8.25

    PC 11 PJ 110275 10.25IN X 8.25

    Seventy Ninth Annual Report 2009-10 Seventy Ninth Annual Report 2009-10 Let’s nurture. Acknowledged for bringing a positive change, Bajaj Hindusthan Ltd has won the CII (Confederation of Indian Industries) National Award for Excellence in Water Management for 2010. The award recognises Bajaj Hindusthan’s water conservation and rain water harvesting efforts in Wardha district of Maharashtra undertaken through Kamalnayan Jamnalal Bajaj Foundation (KJBF). The Integrated Water Resource Development program, led by experts from Bajaj Hindusthan, covered 201 villages and implemented ingenious methods to conserve water and revive water bodies in the area. The program resulted in greater water sufficiency and improved the economic condition of villagers. Corporate social responsibility. Looking beyond balance sheets. At Bajaj Hindusthan, we believe in ploughing back the resources towards social and environmental causes. The Corporate Social Responsibility initiatives have become an integral part of our operations to acheive the mission of “Development of Natural and Human Resources and their efficient and judicious use’’. We undertake a wide range of initiatives for the economic improvement as also for spreading health & hygiene awareness in the rural community. As a responsible corporate citizen, we also work towards the preservation of environment through various water resource development and soil conservation programs. We follow an integrated participatory approach to contribute towards the larger societal benefits and to invest back into the society. We have also initiated Convergence of Agriculture Interventions in Maharashtra (CAIM) in collaboration with State Government, International Fund for Agriculture Development (IFAD) and Sir Ratan Tata Trust. NABARD (National Bank for Agriculture and Rural Development) has joined hands with us for promotion of horticulture and watershed development project.
  • The Case of Wipro

    The Case of Wipro

    Building a Global Brand: The Case of Wipro Bharat Rao Associate Professor of Management Bala Mulloth Doctoral Candidate in Technology Management 5 Metrotech Center Polytechnic University Department Of Management Brooklyn, NY, 11201, USA Phone: 718-260-3617 e-mail: [email protected] Proceedings of PICMET 2007 - Portland International Center for Management of Engineering and Technology 5-9 Aug. 2007, Page(s): 1372-1385, Portland, OR, USA, ISBN: 9781890843151 Building a Global Brand: The Case of Wipro Bharat Rao, Bala Mulloth Polytechnic University, Department Of Management, Brooklyn, NY, USA Abstract--In this business case study, we describe the solutions to its global customers through a process of transformation of Wipro, a Bangalore-based information fostering ongoing internal and external innovation. technology company. Founded in 1945 as Western India Vegetable Products Limited, Wipro is today the world's largest The IT Services Industry independent R&D services provider and among the top three At the beginning of 2005, the global IT services market offshore business process outsourcing (BPO) service providers with over 490 clients, 53000 employees and 40 plus development was estimated to be approximately US$630bn, and was centers across the globe. Wipro’s aim was to continue its growing at around 6% year on year. IDC had estimated that transformation from a low cost provider of outsourced services the global BPO market would grow to $1.2 trillion in 2006, to become a global information technology leader, delivering sharply up from $300 billion in 2004, representing a world-class solutions to its global customers through a process of quadrupling of business in a two-year timespan.
  • Information Memorandum for Listing of 144,683,510 Equity Shares of Rs.5/- Each

    Information Memorandum for Listing of 144,683,510 Equity Shares of Rs.5/- Each

    BAJAJ FINSERV LIMITED Registered and Corporate Office: Bajaj Auto Limited Complex, Mumbai-Pune Road, Pune 411 035. Tel: +91 20 66107458; +91 20 27472851 Fax: +91 20 27407380 E-mail: [email protected]; Website: www.bajajfinserv.in Contact Person: Ms. Sonal R Tiwari, Company Secretary & Compliance Officer Bajaj Finserv Limited was originally incorporated on April 30, 2007 under the Companies Act, 1956. The Hon’ble High Court of Judicature at Bombay by its order dated December 18, 2007 has approved the Scheme of Arrangement amongst Bajaj Auto Limited (since renamed as “Bajaj Holdings & Investment Limited”), Bajaj Holdings & Investment Limited (since renamed as “Bajaj Auto Limited”) and Bajaj Finserv Limited and their respective shareholders and creditors. INFORMATION MEMORANDUM FOR LISTING OF 144,683,510 EQUITY SHARES OF RS.5/- EACH NO EQUITY SHARES ARE PROPOSED TO BE SOLD OR OFFERED PURSUANT TO THIS INFORMATION MEMORANDUM GENERAL RISKS Investments in equity and equity-related securities involve a degree of risk and investors should not invest in the equity shares of Bajaj Finserv Limited unless they can afford to take the risk of losing their investment. Investors are advised to read the Risk Factors carefully before taking an investment decision in the shares of Bajaj Finserv Limited. For taking an investment decision, investors must rely on their own examination of the Company including the risks involved. ABSOLUTE RESPONSIBILITY OF BAJAJ FINSERV LIMITED Bajaj Finserv Limited, having made all reasonable enquiries, accepts responsibility
  • Letter of Offer

    Letter of Offer

    LETTER OF OFFER THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION This letter of offer is being sent to you as an Equity Shareholder(s) of Bajaj Hindusthan Sugar and Industries Limited (BHSIL). If you require any clarifications about the action to be taken, you may consult your stockbroker or investment consultant or the Manager to the Offer or Registrar to the Offer. In case you have recently sold your Equity Shares in BHSIL, please hand over this Letter of Offer and the accompanying Form of Acceptance, Form of Withdrawal and Transfer Deed to the member of the stock exchange through whom the sale was affected. CASH OFFER by Bajaj Hindusthan Limited “The Acquirer” hereinafter referred to as “BHL” Registered Office: Bajaj Bhawan, 2nd Floor, Jamnalal Bajaj Marg, 226, Nariman Point, Mumbai 400 021, India. Tel. No.: +91-22-2202 3626 • Fax No.: +91-22-2202 2238. To acquire 2,36,00,000 fully paid up equity shares of the face value of Re.1/- each representing 20% of the issued and expanded paid up equity share capital of Bajaj Hindusthan Sugar and Industries Limited (Formerly — The Pratappur Sugar and Industries Limited) “Target Company” hereinafter referred to as “BHSIL” Registered Office: Bajaj Bhawan, 2nd Floor, Jamnalal Bajaj Marg, 226 Nariman Point, Mumbai - 400 021, India. Tel. No.: +91-22-2202 3626 • Fax No.: + 91-22-2202 2238 At Rs.52.89 (Rupees Fifty Two and paise Eighty Nine only) per Equity Share (the “Offer Price”) 1. The Offer is being made by Bajaj Hindusthan Limited (the “Acquirer”), pursuant to and in compliance with the provisions of Regulations 11(1) read with 14(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 (the “Regulations”).
  • Bajaj Consumer Care Annual Report 2019-20

    Bajaj Consumer Care Annual Report 2019-20

    CSR Programmes Rejuvenation of river and streams Farmers Producers Companies (Community mobilization) 1 Contents Board of Directors 2 Annual Report 2019-20 th Chairman’s Letter 3 Directors’ Report 5 Corporate Governance Report 40 Bajaj Consumer Care Limited 14 Bajaj Consumer Care Management Discussion and Analysis Report 68 Business Responsibility Report 81 Independent Auditors’ Report on Standalone Financial Statements 89 Balance Sheet (Standalone) 96 Statement of Profit and Loss (Standalone) 97 Cash Flow Statement (Standalone) 99 Notes to Financial Statements (Standalone) 100 Independent Auditors’ Report on Consolidated Financial Statements 128 Balance Sheet (Consolidated) 134 Statement of Profit and Loss (Consolidated) 135 Cash Flow Statement (Consolidated) 137 Notes to Financial Statements (Consolidated) 138 Salient Features of Financial Statements of Subsidiaries/Associates/Joint Ventures 168 Notice 169 2 Board of Directors Mr. Kushagra Nayan Bajaj Non-Executive Chairman Annual Report 2019-20 th Mr. Jaideep Nandi Managing Director (w.e.f. from July 01,2020) Mr. Sumit Malhotra Bajaj Consumer Care Limited 14 Bajaj Consumer Care Managing Director (upto June 30, 2020) Director & Advisor (w.e.f. July 01, 2020) Mr. Aditya Vikram Ramesh Somani Independent Director Mr. Dilip Cherian Statutory Auditors Independent Director Sidharth N Jain & Co. Chartered Accountants Mr. Gaurav Dalmia Independent Director Secretarial Auditors A.K. Jain & Co. Company Secretaries Ms. Lilian Jessie Paul Independent Director Bankers Kotak Mahindra Bank Limited Mr.
  • NURTURING a New Wave of Growth

    NURTURING a New Wave of Growth

    NURTURING A New Wave Of Growth Registered Office: Bajaj Corp Ltd, 221, Solitaire Corporate Park, FIFTH ANNUAL REPORT Chakala, Andheri (E), Mumbai-93 2010-2011 PC 7_BT_110966_8.25(W) x 10.25(H)_Bajaj Annual Report Cover 2 1 1 Board of Directors Kushagra Bajaj Chairman (Promoter) Roshan Fateh Lal Hinger Whole-time Director Bajaj Corp Limited. 5th Annual Report 2010 - 11 Dilip Cherian Non-Executive Director (Independent) Gaurav Dalmia Non-Executive Director (Independent) Haigreve Khaitan Non-Executive Director (Independent) Aditya Vikram Ramesh Somani Non-Executive Director (Independent) Sumit Malhotra Whole-time Director Contents Board of Directors ............................................................................................ 1 A Message from the Chairman ........................................................................ 2 Notice to shareholders ..................................................................................... 3 Directors’ Report ........................................................................................... 12 Corporate Governance Report ....................................................................... 19 Shareholder Information ............................................................................... 29 Auditors’ Certificate on Corporate Governance .............................................. 35 Management Discussion and Analysis Report ................................................. 36 CEO/CFO Certification ..................................................................................
  • Bajaj Hindusthan Limited (Incorporated in the Republic of India with Limited Liability Under the Indian Companies Act, 1913 with Registration No

    Bajaj Hindusthan Limited (Incorporated in the Republic of India with Limited Liability Under the Indian Companies Act, 1913 with Registration No

    PRELIMINARY PLACEMENT DOCUMENT Subject to completion Dated June 29, 2009 Serial No. [●] to subscribe or buy Bajaj Hindusthan Limited (incorporated in the Republic of India with limited liability under the Indian Companies Act, 1913 with Registration No. 1797/TA) not soliciting an offer not soliciting Bajaj Hindusthan Limited (the “Company”) is issuing up to [●] equity shares of face value Re.1 each (the “Equity Shares”) at a price of Rs.[●] per Equity Share, aggregating Rs.[●] million (the “Issue”). ISSUE IN RELIANCE UPON CHAPTER XIII-A OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (DISCLOSURE AND INVESTOR PROTECTION) GUIDELINES, 2000, AS AMENDED THIS ISSUE AND THE DISTRIBUTION OF THIS PRELIMINARY PLACEMENT DOCUMENT IS BEING MADE IN RELIANCE UPON CHAPTER XIII-A OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (DISCLOSURE AND INVESTOR PROTECTION) GUIDELINES, 2000, AS AMENDED (THE “SEBI GUIDELINES”). THIS PRELIMINARY PLACEMENT DOCUMENT IS PERSONAL TO EACH PROSPECTIVE INVESTOR AND DOES NOT CONSTITUTE AN OFFER OR INVITATION OR SOLICITATION OF AN OFFER TO THE PUBLIC OR TO ANY OTHER PERSON OR CLASS OF INVESTORS WITHIN OR OUTSIDE INDIA. The distribution of this Preliminary Placement Document or the disclosure of its contents without the Company’s prior consent to any person, other than Qualified Institutional Buyers (as defined in the SEBI Guidelines) and persons retained by Qualified Institutional Buyers to advise them with respect to their purchase of the Equity Shares, is unauthorized and prohibited. Each prospective investor, by accepting delivery of this Preliminary Placement Document, agrees to observe the foregoing restrictions and to make no copies of this Preliminary Placement Document or any documents referred to in is not an offer to sell any securities and this Preliminary Placement Document.

  • 75 Years of Bajaj Hindusthan with BLESSINGS from BAPU

    75 years of Bajaj Hindusthan WITH BLESSINGS FROM BAPU “Jamnalalji is the man of the people – a fisher of men who had the knack of gathering people around him and inspiring them with his idealism.” -Mahatma Gandhi Words of praise indeed, from the man who inspired a nation. One of Gandhiji’s most ardent disciples, Jamnalal Bajaj believed in simple living and high thinking. His work among Harijans and underprivileged sections of society exemplifies his lifelong commitment to Gandhian ideals. Today, as we celebrate 75 years of Bajaj Hindusthan, we are proud to trace our roots to India’s freedom struggle. Our first plant opened in the Terai region of Uttar Pradesh, with active support and encouragement from Gandhiji himself. To facilitate self-sufficiency in sugar production, Hindusthan Sugar Mills Ltd. was established in 1931. Over the decades, the Company morphed into the present day Bajaj Hindusthan, a colossus that has emerged undisputed leader in the field of sugar production in India. From our humble roots in the villages of UP, to a global presence in markets around the world, we have put India on the world map. From gaon to global… Bapu would be proud. Shri Kamalnayan Bajaj PC 3 SW_11.75 (H) X 8.25 (W) INCHES ANNUAL REPORT Shri Jamnalal Bajaj Shri Ramkrishna Bajaj PC 3 SW_11.75 (H) X 8.25 (W) INCHES ANNUAL REPORT Jamnalal Bajaj The Gandhian Capitalist - 1889 – 1942 Jamnalal Bajaj was an extraordinary man living in extraordinary times. From an early age, destiny carved out a unique role for young Jamnalal. At the age of five, he was adopted by Shri Bachhraj Bajaj, a wealthy merchant in Wardha.