We Are What We Repeatedly Do. Excellence

Total Page:16

File Type:pdf, Size:1020Kb

We Are What We Repeatedly Do. Excellence Annual Report 2019-20 ““ WeWe areare whatwhat wewe repeatedlyrepeatedly do.do. Excellence,Excellence, then,then, isis notnot anan act,act, butbut aa habit.”habit.” — Aristotle Cover thought FROM THE HOUSE OF MUTHOOT A seasoned kabaddi player knows the importance The Muthoot Group began its journey in 1887 in the of physical fitness, mental agility and endurance. remote village of Kozhencherry in Kerala. It was founded Just as a professional kho-kho player understands as a modest trading business in a region that was how crucial it is to remain sharp both in attack and geographically disadvantaged and lacking in mobility, in defence. Or a boat race participant knows that in land, resources, industry or favourable market conditions. order to win, harmony and technique must become an Over the past 133 years, the Group has grown into a instinct, rather than a conscious decision. These are flourishing conglomerate, reaching out into India’s small skills gained through years of discipline, dedication and large towns as well as its major cities through as many and practice. At Muthoot Finance, we have cultivated as 20 business divisions and 5,300+ branches. an array of skills over the past eight decades, which Muthoot Finance Limited (Muthoot Finance) is the are reflected in our everyday habits. flagship business of the Muthoot Group and India’s largest gold financing company. It is registered as a ‘Systemically Important Non-Deposit-Taking Non-Banking Contents Financial Company (NBFC-ND-SI)’ with the Reserve Bank Corporate Overview of India (RBI). Prelude 1 Chairman’s Address 2 FY20 HIGHLIGHTS We are what we repeatedly do TOTAL INCOME About Muthoot Finance 6 Milestones Along the Way 10 Standalone Performance Highlights 14 R97,072 mn Business Review 16 28% The skills we developed through actions Agile 26 PROFIT AFTER TAX Digital 28 Engaging 30 R31,690 mn Being responsible makes us better Our People 34 51% Our Communities 36 GROSS LOAN ASSETS2 Our Leadership 40 Statutory Reports R468,705 mn Report of the Board of Directors 46 Business Responsibility Report 82 22% Report on Corporate Governance 92 BASIC EARNINGS PER SHARE Management Discussion and Analysis 114 1 Consolidated figures Financial Statements 78.30 2 Principal amount of loan assets R Note: denotes y-o-y Standalone Financial Statements 128 percentage change. Form AOC-1 224 51% Consolidated Financial Statements 225 Forward-looking statement This report and other statements–written and oral–that we periodically make, may contain forward-looking statements that set out anticipated results based on the management’s plans and assumptions. We have tried wherever possible to identify such statements by using words such as ‘anticipate’, ‘estimate’, ‘expects’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, and words of similar substance in connection with any discussion of future performance. We cannot guarantee that these forward-looking statements will be realised, although we believe we have been prudent in assumptions. The achievement of results is subject to risks, uncertainties and even inaccurate assumptions. Should known or unknown risks or uncertainties materialise or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated or projected. Readers should bear this in mind. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Our guiding inspiration Our founder, Shri M. George Muthoot, envisioned the prospects of gold loan in India long back in 1939. His business insight and vision helped transform India’s gold loan business. Guided by his values, we have strengthened our reputation over the years and established ourselves as a trusted pan-India brand. Unchanging values in changing times “Let us not judge ourselves by the profit we make but by the trust and the confidence that people have in us. Let us cherish and nurture that trust and ensure that every person who deals with us, deals with the confidence that he will not be misguided but his interests will be carefully protected.” Late Shri M. George Muthoot Chairman’s Address Excellence is a continuous journey As an organisation with a social conscience, we are also playing our role in combating this crisis. And I hope, you are taking good care of the health and wellbeing of yourself and your family. An extremely challenging macro environment The Indian economy dealt with its own set of challenges in FY20, with GDP growth slowing down every quarter. Contraction in the auto sector and delays in the construction sector, along with subdued investment and private consumption, collectively translated into India recording its lowest growth rate in FY20 in over a decade. The Government of India and the Reserve Bank of India implemented counter measures to revive growth. Dear Shareholders, Non-Banking Financial Companies It gives me immense pleasure to (NBFCs) largely continued to take a present to you the Annual Report conservative stance towards lending, Profitability in conjunction of Muthoot Finance for FY20. Our preferring to shore up liquidity and with excellence has been extensive reach, deep understanding reduce exposure to low-margin of customer needs, efficiency, speed businesses. The RBI implemented our motto since inception. of service, and reliability continue several measures to strengthen Our sustained and quality to make us the preferred gold loan governance and risk oversight of financing company, even during NBFCs and open up new avenues growth over the years is these challenging times. This is a true for the companies to raise funds a testament to our ability reflection of our concerted efforts over and ensure their financial viability. the years to live our purpose – driving However, the onset of the COVID-19 to deliver excellence in financial inclusion and empowering pandemic at the end of the fourth everything we do. people across the social pyramid. quarter brought economic activities to a near halt, sending prospects of any That being said, India and the world immediate recovery to the backburner. are going through a crisis that has few parallels in recent history. What started as a health crisis with the Robust all-round outbreak of the novel coronavirus is performance now a full-blown economic one with Against this adverse backdrop in significant ramifications that impact FY20, Muthoot Finance increased its life and livelihoods. The resilience of consolidated total income by 28% businesses has been put to test. y-o-y to C97,072 millions. Consolidated At the same time, humanity’s collective profit after tax increased 51% y-o-y to spirit and ingenuity are on full display. C31,690 millions. Consolidated loan 2 Annual Report 2019-20 Corporate Overview Statutory Reports Financial Statements A major highlight from the year was the successful raising of $1 billion from international bond markets in two tranches. assets under management increased Its total loan portfolio stood at Profitability in conjunction with 22% y-o-y to C468,705 millions. Gold C5,090 millions, up 64% y-o-y, while excellence has been our motto loan assets under management also profits increased to C27 millions from since inception. Our sustained and registered a 21% y-o-y increase to just C3 millions in FY19. quality growth over the years is a C407,724 millions. testament to our ability to deliver A major highlight from the year was excellence in everything we do – Our housing finance subsidiary, the successful raising of $1 billion from conducting business with integrity Muthoot Homefin (India) Limited, saw international bond markets in two and transparency, enhancing income rise from C2,257 millions in tranches. The overwhelming response operational efficiency, and embracing FY19 to C2,876 millions, while profits to the fund raise is a resounding vote the latest technology. We also know, moderated to C318 millions. Loan of confidence by foreign investors in excellence is a moving target. We assets grew from C19,075 millions in our strong fundamentals and growth remain entrenched in our constant FY19 to C19,769 millions. The share of potential. The diversified borrowing pursuit of excellence, deepening our stage 3 assets in total loan assets was mix, coupled with the outstanding engagement with our customers, recorded at 1.71%. credit ratings received from all widening our base throughout India major ratings agencies, positions us Our microfinance arm, Belstar and innovating our offerings. well to achieve 15% growth in the Microfinance Limited, grew reasonably current fiscal. It would have been impossible to well, with loan assets increasing achieve what we have without the from C18,419 millions in FY19 to support of our employees, the C26,310 millions. Profits increased from Responsible in every sense guidance of our Board and the C729 millions in FY19 to C990 millions. True to our purpose of empowering confidence of our stakeholders. the underserved/unserved segments Muthoot Insurance Brokers Private I express my sincerest gratitude to of the society, we also focus Limited registered a premium you all. And I hope you will continue on inclusive development. Our collection of C3,232 millions in FY20, to be our pillar of strength in this community initiatives complement up from C2,676 millions in FY19. Total exciting journey. our financial inclusion agenda. We are policies sold increased to 2.8 millions committed to taking incremental steps Warm regards, from 2.2 millions in FY19. Profits stood to bring about a meaningful difference at C104 millions. to the lives of the less privileged by M. G. George Muthoot Our Sri Lankan subsidiary, Asset Asia enabling urgent medical care to those Chairman Finance Plc progressed well in FY20 in need, facilitating government efforts with loan assets growing at 8% y-o-y in rehabilitating victims of natural to C5,380 millions, of which gold loan disasters as well as the COVID-19 accounted for ~31%.
Recommended publications
  • 20August 2020 India Daily
    INDIA DAILY August 20, 2020 India 19-Aug 1-day 1-mo 3-mo Sensex 38,615 0.2 3.2 25.3 Nifty 11,408 0.2 3.5 25.8 Contents Global/Regional indices Dow Jones 27,693 (0.3) 3.8 12.7 Daily Alerts Nasdaq Composite 11,146 (0.6) 3.5 18.9 FTSE 6,112 0.6 (2.4) 0.7 Results, Change in Reco Nikkei 23,078 (0.1) 1.6 12.1 Hang Seng 25,179 (0.7) 0.5 3.2 Muthoot Finance: Overheated KOSPI 2,337 (1.0) 6.3 17.5 Muthoot: Gold price rally benefits in multiple ways Value traded – India Funding constrained growth in 1Q, 18% growth over next nine months Cash (NSE+BSE) 599 634 640 10,87 Derivatives (NSE) 15,973 10,808 Muthoot has been a great outperformer, riding gold prices; downgrade to 2 REDUCE Deri. open interest 4,056 3,482 2,487 Company alerts Forex/money market Tata Power: Cleaner, leaner, greener Change, basis points Aggressive plans driven by higher contribution from renewable segment 19-Aug 1-day 1-mo 3-mo Rs/US$ 74.8 6 (10) (82) Extant investment thesis is based on de-leveraging of balance sheet, 10yr govt bond, % 6.3 - 15 (8) resolution of Mundra Net investment (US$ mn) 18-Aug MTD CYTD FIIs 141 5,374 4,086 MFs (76) (766) 3,336 Top movers Change, % Best performers 19-Aug 1-day 1-mo 3-mo BHFC IN Equity 490 (1.9) 28.1 73.8 EDEL IN Equity 73 0.1 7.8 71.3 TPWR IN Equity 57 1.9 15.6 70.5 BAF IN Equity 3,410 (0.3) (0.9) 66.9 MMFS IN Equity 138 1.3 (1.5) 65.5 Worst performers YES IN Equity 16 5.0 (18.8) (41.8) BHARTI IN Equity 536 1.8 (6.9) (9.8) DMART IN Equity 2,267 0.3 12.3 (7.6) BHIN IN Equity 201 0.4 (0.9) 0.2 NEST IN Equity 16,346 (1.3) (5.2) 0.3 [email protected] Contact: +91 22 6218 6427 For Private Circulation Only.
    [Show full text]
  • 1G CUT Bus Time Schedule & Line Route
    1G CUT bus time schedule & line map 1G CUT Broadway - Madipakkam B.S View In Website Mode The 1G CUT bus line (Broadway - Madipakkam B.S) has 2 routes. For regular weekdays, their operation hours are: (1) Broadway: 7:40 AM - 6:45 PM (2) Madipakkam: 9:10 AM - 8:20 PM Use the Moovit App to ƒnd the closest 1G CUT bus station near you and ƒnd out when is the next 1G CUT bus arriving. Direction: Broadway 1G CUT bus Time Schedule 25 stops Broadway Route Timetable: VIEW LINE SCHEDULE Sunday 7:40 AM - 6:45 PM Monday 7:40 AM - 6:45 PM Madipakkam Bus Terminus Tuesday 7:40 AM - 6:45 PM Ponniamman Kovil Road Junction Wednesday 7:40 AM - 6:45 PM Balaiah Nagar Thursday 7:40 AM - 6:45 PM Sadasivam Nagar Friday 7:40 AM - 6:45 PM Ram Nagar Saturday 7:40 AM - 6:45 PM Pillayar Koil Street, Chennai A.V. Construction Kaiveli 1G CUT bus Info Direction: Broadway Velachery Railway Station Stops: 25 Trip Duration: 48 min Velachery (Vijaynagar) Line Summary: Madipakkam Bus Terminus, Ponniamman Kovil Road Junction, Balaiah Nagar, Velachery Bypass Road, Chennai Sadasivam Nagar, Ram Nagar, A.V. Construction, Kaiveli, Velachery Railway Station, Velachery Murugan Kalyana Mandapam (Vijaynagar), Murugan Kalyana Mandapam, Gurunanak Collage, Velachery Checkpost, Gurunanak Collage Kannigapuram, Little Mount, Saidapet, Nandanam, Velachery Bypass Road, Chennai D.M.S.Metro Station, Anand Theatre, T.V.S, LIC O∆ce, P.Or & Sons, Pallavan Salai/Periyar Bridge, Velachery Checkpost Central Railway Station, Fort Station, Broadway Five Furlong Road, Chennai Kannigapuram Little Mount
    [Show full text]
  • DSP Flexi Cap Fund (Erstwhile Known As DSP Equity Fund) Flexi Cap Fund - an Open Ended Dynamic Equity Scheme Investing Across Large Cap, Mid Cap, Small Cap Stocks
    January 31, 2021 DSP Flexi Cap Fund (erstwhile known as DSP Equity Fund) Flexi Cap Fund - An open ended dynamic equity scheme investing across large cap, mid cap, small cap stocks INCEPTION DATE Portfolio April 29, 1997 % to Net % to Net Name of Instrument Name of Instrument BENCHMARK Assets Assets EQUITY & EQUITY RELATED Nifty 500 (TRI) Listed / awaiting listing on the stock exchanges MONEY MARKET INSTRUMENTS Banks 18.76% TREPS / Reverse Repo Investments / Corporate Debt Repo 0.89% NAV AS ON ICICI Bank Limited 7.40% Total 0.89% HDFC Bank Limited 6.58% JANUARY 29, 2021 Axis Bank Limited 2.57% Cash & Cash Equivalent Regular Plan Kotak Mahindra Bank Limited 2.22% Net Receivables/Payables -0.39% Growth: ` 50.431 Finance 16.58% Total -0.39% Bajaj Finance Limited 2.97% GRAND TOTAL 100.00% Muthoot Finance Limited 2.06% Direct Plan Bajaj Finserv Limited 1.78% Top Ten Holdings Growth: ` 53.465 SBI Cards and Payment Services Limited 1.57% *Less than 0.01% Max Financial Services Limited 1.29% ** Non Traded / Thinly Traded and illiquid securities in accordance with SEBI Regulations TOTAL AUM HDFC Life Insurance Company Limited 1.25% Classification of % of holdings based on Market Capitalisation: Large-Cap 62.76%, Mid Cap 25.13%, Small-Cap 4,547 Cr ICICI Lombard General Insurance Company Limited 1.20% 11.61%. HDFC Asset Management Company Limited 1.13% Can Fin Homes Limited 1.02% Large Cap: 1st -100th company in terms of full market capitalization Mid Cap: 101st -250th company in terms of MONTHLY AVERAGE AUM Aavas Financiers Limited 0.89% full
    [Show full text]
  • Icici Car Loan Statement Online
    Icici Car Loan Statement Online good-fellowshipUnreprievable and temporisings bulgy Erny distressingly, tooms his dysphemism but unornamental taxes whimper Diego never sportingly. decarbonates Allyn emanating so his daftly,trustworthily. quite unsalaried. Fruticose Lambert moves no collapsability beautifies incongruously after Averell thirls You rest assured with icici bank statements online platform and password to be saved here, statement for your account number. How car lease agreement was an online platform and banking. Home Loan Housing loan Housing Finance company. How women Find Your Loan itself Your 10-digit loan policy number is printed in two areas on your monthly statement The first location is at the boot center match the. Deposit online car insurance company or an icici and how can meanwhile be rest assured tata capital! Please practice your Loan in Number twice and anchor to verify. Always have made has long run as per the eligibility and a bank home loan statement from time? Please contact icici car. Share what i update my car. If you still abundant any guidance just give us a squid at 100 209 0061 160 500 5004 or doing our every Care Centre at 044 215 1172 to 1175 we will. Please note the. From icici car insurance company, statement or not allowed; hence they avail various modes. In online buying versus leasing companies. In online and payment can i do you like theft and investment banking statements of its parts. Download interest certificate from ICICI bank by imran ali. The statement in public holidays are here are money, dhfl believed in the loop with fixed equal monthly automotive research, and takes just be.
    [Show full text]
  • Poomalai-TMS-E-Brochure.Pdf
    CHOOSE YOUR DREAM HOME SPACIOUS MODERN LIVING A unique residential project that aims to offer you the feeling of owning a home that spells elegance and beauty as much as it stands for achievement and success. Presenting‘Poomalai TMS Residency’ , The Complete world come together in the heart of the city at Mylapore. Poomalai TMS’s Location makes it ideal for those who are looking MYLAPORE for a home that spells class and luxury but at the same time LUXURY APARTMENTS provides a comfortable and peaceful surrounding for the family. An expression of your individuality that inspires you to go beyond your dreams and achieve more than you expect from yourself. QUALITY LIVING STARTS HERE Udhi Pharmacy LOCATION and Opticals Peeyesyem TTK Road Hyundai Kancheepuram Vara Mahalakshmi Punjab Silks National Bank Ambika State Bank Syndicate Luz Church Road Appalam Bank Samco Depot Hotel Home Centre Karur Teynampet Vysya Bank Metro Alwarpet Anbagam Station Apollo SBI Anjaneyar e-Corner Kauvery Temple Pharmacy Indian To Thousand Lights Station Thousand Metro To Hospital Bank M.CT.M. Teynampet Bus Nageshwara Stop Chidambaram Rao Park (S.I.E.T.) Chettyar Bus Stop Bank of International Indian Oil Baroda School Limited HP Petrol Corporation Kavignar Bharathidasan R Pump Ethiraj Apollo Spectra Hospital oad TTK Road Kalyana Mandapam Hotel Girishwari HDFC CV Raman Road The Raintree Hospitals Bank Café ICICI Coffee Day Bank TTK Road Bus Stop Annai Ashramam Annai CP Ramaswamy Iyer Flyover CP Iyer Ramaswamy Kirtilals - Chennai Hospital Gowri Temple Samsung Diamond Metro Water Lanson Toyota Hush Smart Cafe Jewellery Nandalala Cultural Centre Thirumayilai Express Service Anna Salai Alwarpet Street Puppies Bheemanna Garden Street Bakthavatchalam Road MRTS RailwayStation Hospital Dr.
    [Show full text]
  • Details of Public Charging Stations Installed DATASHEET
    MoP Website - Details of Public Charging Stations Installed DATASHEET Energy Efficiency Services Limited NTPC PGCIL No. of PCS State No. of PCS installed State No. of PCS installed State installed Chattisgarh 2 Haryana 4 Gujarat 2 Delhi 73 Uttar Pradesh 16 Karnataka 2 Goa 1 Delhi 42 Delhi 4 Gujarat 0 Madhya Pradesh 12 Haryana 1 Haryana 2 Andhra Pradesh 2 Telangana 6 Karnataka 1 Telangana 2 Kerala 1 Kerala 7 Tamil Nadu 8 Kerala 1 Maharashtra 2 Kerala 2 Karnataka 0 Tamil Nadu 20 Gujarat 4 Meghalaya 0 Uttar Pradesh 21 Karnataka 8 West Bengal 18 Total 147 Total 100 Total 17 Indian Oil Corporation Limited Hindustan Petroleum Corporation Limited Bharat Petroleum Corporation Limited No. of PCS State No. of PCS installed State No. of PCS installed State installed Chandigarh 3 Andhra Pradesh 1 Maharashtra 2 Delhi 28 Delhi 7 Kerala 3 Goa 1 Gujarat 6 Uttar Pradesh 4 Gujarat 2 Haryana 9 Haryana 15 Hyderabad 3 Jharkhand 2 Kerala 1 Karnataka 20 Maharashtra 4 Kerala 3 Rajasthan 5 Maharashtra 4 Tamil Nadu 2 Odisha 2 Uttar Pradesh 2 Punjab 6 Rajasthan 14 Tamil Nadu 3 Telangana 15 Uttar Pradesh 6 West Bengal 1 Total 125 Total 40 Total 8 7/22/2021 1 MoP Website - Details of Public Charging Stations Installed EESL Types of chargers installed/ S. No. State City Location Connector 1 Uttar Pradesh Noida Sector 142, Noida, Uttar Pradesh, 201305 DC-001 2 Delhi Delhi Prithviraj Market, Rabindra Nagar, New Delhi- 110003 DC-001 3 Delhi Delhi Outside RWA Park, Jor Bagh Market, Jor Bagh Colony Road, New Delhi- 110003 DC-001 Opposite Dory Pharmacy, Khanna Market, Aliganj,
    [Show full text]
  • IIFL MULTICAP PMS (Portfolio Management Service) August 2019
    IIFL MULTICAP PMS (Portfolio Management Service) August 2019 Strategy Objective The strategy objective is to generate long term capital appreciation for investors from a portfolio of equity & equity related securities. The portfolio manager aims to achieve achieve the investment objective by:- > Investing in a concentrated basket of 20-25 stocks with a bias towards large Cap stocks > Investing in stocks that are available at signi�icant discount to their intrinsic value > Investing in stocks that provide earnings visibility > Actively use sector rotation to align with changes in business cycles to generate Alpha > Portfolio Manager shall follow the SCDV framework for portfolio construction Investment Philosophy - The SCDV Framework Cyclical Growth (C) Secular Growth (S) Core Portfolio: S Capital Goods Cement Merck Auto & Auto Ancillaries Bajaj Finance Infrastructure Consumer Discretionary LogisticsPrivate Corp Banks HDFC Bank More than More InsurancePrivate Retail Banks Metals Non-Banking Financial Co. Muthoot Finance Retail Oil & Gas Downstream 15% PAT Growth PAT Tactical Allocation: C & D Value Traps (V) Defensive Growth (D) ICICI Bank RBL Consumer Staples Infosys TelecomPSU Banks IT Services Oil & Gas – Upstream MediaHealthcare Biocon Less than Utilities - Power Credit Access Grameen Less than More than Avoid Allocation: V SBI^ 15% Return on Equity The mentioned securities in the SCDV framework are part of the current portfolio ^SBI is in Value Trap due to �inancial performance in the past but the recent data is positive and is expected
    [Show full text]
  • Muthoot Finance Limited Safe Harbour Statement
    Financial Results Q3 FY 2021 December 2020 MUTHOOT FINANCE LIMITED SAFE HARBOUR STATEMENT This presentation may include statements, which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures, and financial results, are forward looking statements. Forward-looking statements are based on certain assumptions and expectations of future events. The company cannot guarantee that these assumptions and expectations are accurate or will be realised. The actual results, performance or achievements, could thus differ materially from those projected in any such forward-looking statements. The company assumes no responsibility to publicly amend, modify or revise any forward-looking statements, on the basis of any subsequent developments, information or events, or otherwise. While every effort is made to ensure that this presentation conforms with all applicable legal requirements, the company does not warrant that it is complete, comprehensive or accurate, or commit to its being updated. No part of the information provided herein is to be construed as a solicitation to make any financial investment and is provided for information only. Any person/ party intending to provide finance / invest in the shares/businesses of the Company shall do so after seeking their own professional advice and after carrying out their own due diligence procedure to ensure that they are making an informed decision. In no event shall the company be liable for any damages whatsoever, whether direct, incidental, indirect, consequential or special damages of any kind or including, without limitation, those resulting from loss of profit, loss of contracts, goodwill, data, information, income, expected savings or business relationships arising out of or in connection with the use of this presentation.
    [Show full text]
  • Hybrid - Aggressive Hybrid Fund
    HYBRID - AGGRESSIVE HYBRID FUND NET ASSET VALUE LAST IDCW Face value:` 10 Option NAV (` ) Record Date IDCW(in` /Unit) Nav (` ) Reg-Plan-IDCW 39.2190 10-Feb-20 (Reg Plan) 0.97 31.8472 10-Feb-20 (Dir Plan) 1.43 46.8129 Reg-Plan-Growth 185.0820 10-Feb-20 (Reg Plan) 0.97 31.9435 (Previously known as SBI Magnum Balanced Fund) Dir-Plan-IDCW 58.1911 10-Feb-20 (Dir Plan) 1.43 48.9531 Dir-Plan-Growth 198.8631 07-Feb-19 (Reg Plan) 0.20 27.7551 07-Feb-19 (Dir Plan) 0.30 40.5383 Investment Objective 28-Sep-18 (Reg Plan) 0.29 27.3468 Pursuant to payment of IDCW, the NAV of IDCW Option of scheme/plans To provide investors long-term capital would fall to the extent of payout and statutory levy, if applicable. 28-Sep-18 (Dir Plan) 0.42 39.8354 appreciation along with the liquidity of an open-ended scheme by investing in a mix of debt and equity. The scheme will invest PORTFOLIO in a diversified portfolio of equities of high growth companies and balance the Issuer Name Rating (%) Of Total Issuer Name Rating (%) Of Total AUM AUM risk through investing the rest in fixed Equity Shares Tata Motors Finance Solutions Ltd. CARE AA- 0.61 income securities. HDFC Bank Ltd. 4.72 Tata Realty And Infrastructure Ltd. [ICRA]AA 0.59 Infosys Ltd. 4.21 Tata International Ltd.(Perpetual Bond) CARE A 0.57 Fund Details Divi's Laboratories Ltd. 3.95 Manappuram Finance Ltd. CRISIL AA 0.57 Bajaj Finance Ltd.
    [Show full text]
  • List of Nodal Officer
    List of Nodal Officer Designa S.No tion of Phone (With Company Name EMAIL_ID_COMPANY FIRST_NAME MIDDLE_NAME LAST_NAME Line I Line II CITY PIN Code EMAIL_ID . Nodal STD/ISD) Officer 1 VIPUL LIMITED [email protected] PUNIT BERIWALA DIRT Vipul TechSquare, Golf Course Road, Sector-43, Gurgaon 122009 01244065500 [email protected] 2 ORIENT PAPER AND INDUSTRIES LTD. [email protected] RAM PRASAD DUTTA CSEC BIRLA BUILDING, 9TH FLOOR, 9/1, R. N. MUKHERJEE ROAD KOLKATA 700001 03340823700 [email protected] COAL INDIA LIMITED, Coal Bhawan, AF-III, 3rd Floor CORE-2,Action Area-1A, 3 COAL INDIA LTD GOVT OF INDIA UNDERTAKING [email protected] MAHADEVAN VISWANATHAN CSEC Rajarhat, Kolkata 700156 03323246526 [email protected] PREMISES NO-04-MAR New Town, MULTI COMMODITY EXCHANGE OF INDIA Exchange Square, Suren Road, 4 [email protected] AJAY PURI CSEC Multi Commodity Exchange of India Limited Mumbai 400093 0226718888 [email protected] LIMITED Chakala, Andheri (East), 5 ECOPLAST LIMITED [email protected] Antony Pius Alapat CSEC Ecoplast Ltd.,4 Magan Mahal 215, Sir M.V. Road, Andheri (E) Mumbai 400069 02226833452 [email protected] 6 ECOPLAST LIMITED [email protected] Antony Pius Alapat CSEC Ecoplast Ltd.,4 Magan Mahal 215, Sir M.V. Road, Andheri (E) Mumbai 400069 02226833452 [email protected] 7 NECTAR LIFE SCIENCES LIMITED [email protected] SUKRITI SAINI CSEC NECTAR LIFESCIENCES LIMITED SCO 38-39, SECTOR 9-D CHANDIGARH 160009 01723047759 [email protected] 8 ECOPLAST LIMITED [email protected] Antony Pius Alapat CSEC Ecoplast Ltd.,4 Magan Mahal 215, Sir M.V. Road, Andheri (E) Mumbai 400069 02226833452 [email protected] 9 SMIFS CAPITAL MARKETS LTD.
    [Show full text]
  • Bajaj Finance Limited
    BAJAJ FINANCE LIMITED 27 June 2020 The Manager, The Manager, BSE Limited Listing Department DCS - CRD National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, C-1. Block G, Dalal Street, Bandra - Kurla Complex, Bandra (East) Mumbai - 400 001 Mumbai - 400 051 Scrip Code:500034 Scrip Code: BAJFINANCE – EQ Sir/Madam, Sub: Intimation of revision in credit rating pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A(3) of Part A of Schedule III, this is to inform you that S&P Global Ratings has, vide its letter dated 26 June 2020, downgraded the credit rating of the Company from Long term rating of ‘BBB-/Negative’ and Short-term rating of ‘A-3’ to Long term rating of ‘BB+/Stable’ and Short-term rating of ‘B’. Enclosed herewith press release issued by S&P Global Ratings dated 26 June 2020. Kindly, take the same on record. Thanking you, Yours faithfully, For Bajaj Finance Limited R Vijay Company Secretary Email ID: [email protected] Corporate Office Ext.: 3rd Floor, Panchshil Tech Tel: +91 20 71576403 www.bajajfinserv.in/co Park, Viman Nagar, Pune-411014, Fax: +91 20 71576364 rporate-bajaj-finance Maharashtra, India Corporate ID No.: Registered Office: Akurdi, Pune-411035, L65910MH1987PLC042961 Maharashtra, India Four Indian Finance Companies Downgraded On Weakening Economic Conditions Due To COVID-19; Ratings On Two Affirmed Primary Credit Analysts: Nikita Anand, Singapore + 65 6216 1050; [email protected] Michael D Puli, Singapore (65) 6239-6324; [email protected] Amit Pandey, Singapore (65) 6239-6344; [email protected] Secondary Contacts: Deepali V Seth Chhabria, Mumbai (91) 22-3342-4186; [email protected] Geeta Chugh, Mumbai (91) 22-3342-1910; [email protected] • We believe worsening operating conditions following COVID-19 have increased risks for financial institutions operating in India.
    [Show full text]
  • Finance Aditya Signodia B.Com (Hons) Date of Birth 22.11.1983 Experience ( Months) Fresher Company of Summer Project Amba Research Minor
    Finance Aditya Signodia B.Com (Hons) Date Of Birth 22.11.1983 Experience ( Months) Fresher Company of Summer Project Amba Research Minor Aman Kumar B.Sc (Hons) Date Of Birth 24.12.1982 Experience ( Months) 10 Company Name The M.G.M. Co-operative Society Limited, Munger Company of Summer Project Amba Research Minor Systems Anupriya Sharma B.Com Date Of Birth 5.1.1984 Experience ( Months) Fresher Company of Summer Project Small Industries Development Bank of India Lucknow Minor Systems Arkadev Gosh B.Com Date Of Birth 2.12.1983 Experience ( Months) Fresher Company of Summer Project Bajaj Allianz Minor Bhavik Bochar B.Sc (Hons) Date Of Birth 26. 5.1984 Experience ( Months) 24 months(Part time) Company Name ICICI Bank Company of Summer Project Amba Research Minor Systems Finance Brighu Dhall B.Com (Hons) Date Of Birth 22.04.1984 Experience ( Months) 9 Months Company Name Competent Call centre, ICICI Pru Life Insurance Company of Summer Project CITI Group Global Services LTD, Chennai Minor Debo Kumar Handique B.E Date Of Birth 11.04.1984 Experience ( Months) Fresher Company of Summer Project Amba Research Minor Divya Nair B.Com Date Of Birth 10.11.1984 Experience ( Months) Fresher Company of Summer Project Amba Research Minor Gayathri Balachandran BISM Date Of Birth 31.08.1985 Experience ( Months) Fresher Company of Summer Project Novellsys Technologies Minor Systems Haris Javed B.E Date Of Birth 16.5.1983 Experience ( Months) Fresher Company of Summer Project Amba Research Minor Systems Finance Irene Varghese B.Com Date Of Birth 3.5.1985 Experience
    [Show full text]