DOCSLIB.ORG

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

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
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. See also the section “Issue Procedure”. This Preliminary Placement Document has not been and will not be registered as a prospectus with the Registrar of Companies in India, and will not be circulated or distributed to the public in India or any other jurisdiction and will not constitute a public offer in India or any other jurisdiction. Investments in equity and equity-related securities involve a degree of risk and prospective investors should not invest in this Issue unless they are prepared to take the risk of losing all or part of their investment. Prospective investors are advised to carefully read the section titled “Risk Factors” beginning on page 26 of this Preliminary Placement Document before making an investment decision in this Issue. Each prospective investor is advised to consult its advisors about the particular consequences to it of an investment in the Equity Shares being issued pursuant to this Preliminary Placement Document. The information on the Company’s website or any website directly or indirectly linked to the Company’s website does not form part of this Preliminary Placement Document and prospective investors should not rely on such information contained in, or available through, such websites. All of the Company’s outstanding Equity Shares are listed on the Bombay Stock Exchange Limited (the “BSE”) and the National Stock Exchange of India Limited (the “NSE”, and together with the BSE, the “Stock Exchanges”). The closing price of the outstanding Equity Shares on the BSE and the NSE on June 26, 2009 was Rs.209.25 and Rs.209.55 per Equity Share, respectively. Applications shall be made for the listing of the Equity Shares offered through this Preliminary Placement Document on the Stock Exchanges. The Stock Exchanges assume no responsibility for the correctness of any statements made, opinions expressed or reports contained herein. Admission of the Equity Shares to trading on the Stock Exchanges should not be taken as an indication of the merits of the Company or the Equity Shares. changed. This Preliminary Placement Document YOU MAY NOT AND ARE NOT AUTHORIZED TO (1) DELIVER THIS PRELIMINARY PLACEMENT DOCUMENT TO ANY OTHER PERSON; OR (2) REPRODUCE THIS PRELIMINARY PLACEMENT DOCUMENT IN ANY MANNER WHATSOEVER. ANY DISTRIBUTION OR REPRODUCTION OF THIS DOCUMENT IN WHOLE OR IN PART IS UNAUTHORIZED. FAILURE TO COMPLY WITH THIS INSTRUCTION MAY RESULT IN A VIOLATION OF THE SEBI GUIDELINES OR OTHER APPLICABLE LAWS OF INDIA AND OTHER JURISDICTIONS. A copy of this Preliminary Placement Document has been delivered to the Stock Exchanges. A copy of the final Placement Document will be filed with the Stock Exchanges. A copy of the final Placement Document will also be delivered to the Securities and Exchange Board of India (the “SEBI”) for record purposes. THIS PRELIMINARY PLACEMENT DOCUMENT HAS BEEN PREPARED BY THE COMPANY SOLELY FOR PROVIDING INFORMATION IN CONNECTION WITH THE PROPOSED ISSUE OF THE EQUITY SHARES DESCRIBED IN THIS PRELIMINARY PLACEMENT DOCUMENT. The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and they may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. Accordingly, the Equity Shares are being offered and sold (a) in the United States only to persons reasonably believed to be qualified institutional buyers (as defined in Rule 144A under the Securities Act) pursuant to Section 4(2) of the Securities Act and (b) outside the United States in offshore transactions ch offer or sale is not permitted. in reliance on Regulation S under the Securities Act. ary Placement Document is not complete and may be This Preliminary Placement Document is dated June 29, 2009. JOINT GLOBAL COORDINATORS AND JOINT BOOKRUNNERS CLSA India Limited Deutsche Equities India Private Limited 8/F Dalamal House DB House Nariman Point Hazarimal Somani Marg, Fort Mumbai 400 021, India Mumbai 400 001, India The information in this Prelimin securities in any jurisdiction where su TABLE OF CONTENTS Page NOTICE TO INVESTORS ............................................................................................................................ 1 CERTAIN CONVENTIONS, PRESENTATION OF FINANCIAL, INDUSTRY AND MARKET DATA, CURRENCY OF PRESENTATION AND EXCHANGE RATES................................................................ 7 FORWARD LOOKING STATEMENTS ......................................................................................................9 ENFORCEMENT OF CIVIL LIABILITIES ............................................................................................... 10 DEFINITIONS AND ABBREVIATIONS...................................................................................................11 SUMMARY OF THE ISSUE....................................................................................................................... 15 SUMMARY OF BUSINESS ....................................................................................................................... 17 SUMMARY REFORMATTED FINANCIAL INFORMATION................................................................ 22 RISK FACTORS.......................................................................................................................................... 26 MARKET PRICE INFORMATION............................................................................................................ 42 USE OF PROCEEDS................................................................................................................................... 44 CAPITALIZATION AND INDEBTEDNESS............................................................................................. 45 DIVIDEND POLICY ................................................................................................................................... 46 SELECTED REFORMATTED FINANCIAL INFORMATION................................................................. 47 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS ....................................................................................................................................... 51 INDUSTRY.................................................................................................................................................. 65 BUSINESS ................................................................................................................................................... 71 REGULATIONS AND POLICIES.............................................................................................................. 88 BOARD OF DIRECTORS AND MANAGEMENT.................................................................................... 99 PRINCIPAL SHAREHOLDERS............................................................................................................... 107 ISSUE PROCEDURE ................................................................................................................................ 110 PLACEMENT............................................................................................................................................ 119 DISTRIBUTION AND SOLICITATION RESTRICTIONS..................................................................... 120 TRANSFER RESTRICTIONS................................................................................................................... 124 INDIAN
Load more

Recommended publications
  • Bajaj Hindusthan Sugar Limited
    +91-8068442266 Bajaj Hindusthan Sugar Limited https://www.indiamart.com/bajajhindusthansugarlimitedlucknow/ Bajaj Hindusthan Ltd. (BHL), a part of the 'Bajaj Group', is India's Number One sugar and ethanol manufacturing company, headquartered at Mumbai (Maharashtra), India. About Us Bajaj Hindusthan Sugar Limited (BHSL) was incorporated on 23rd November, 1931 under the name - The Hindusthan Sugar Mills Limited – on the initiative of Jamnalal Bajaj - a businessman, confidante, disciple and adopted son of Mahatma Gandhi. He sought Gandhiji's blessings in this new venture, which, apart from being a sound commercial proposition would also meet a national need. Till then, there were barely thirty sugar factories in the country. The site selected for the first plant was at Golagokarannath, district Lakhimpur Kheri in the Terai region of Uttar Pradesh (UP), an area rich in sugar cane. The original capacity of the factory was 400 tons of cane crushed per day (TCD). Subsequently, this capacity was increased in stages and is currently 13,000 TCD. The distillery Unit at this plant commenced production during the end of World War II in 1944. In the initial few years, the major output was in the form of power alcohol as an additive to petrol, which was then in short supply. The unit was the first to supply alcohol-mixed petrol to the army. In 1967, a new Company - Sharda Sugar & Industries Limited - was established as a subsidiary of Hindusthan Sugar Mills Limited. Under this new subsidiary, a sugar plant with a cane crushing capacity of 1400 TCD was set up in 1972 at Palia Kalan, a large cane supplying centre at a distance of about 70 kilometres from Golagokarannath.
    [Show full text]
  • BAJAJ Bajaj Holdings & Investment Limited (Formerly Bajaj Auto Limited) CIN:L65993PN1945PLC004656 Regd
    BAJAJ Bajaj Holdings & Investment Limited (formerly Bajaj Auto Limited) CIN:L65993PN1945PLC004656 Regd. Office : Bajaj Auto Limited Complex, jJ Mumbai Pune Road, Akurdi, Pune 41 '1035. Tel.: 020-27472851, Fax: 020•27407380 Website: www.bhil.in 28 June 2019 To To Corporate Relations Department. Corporate Listing Department. BSE Limited National Stock Exchange of India Ltd 1st Floor, New Trading Ring Exchange Plaza, 5th Floor Rotunda Building, P J Tower Plot No.C-1, G Block Dalal Street, Bandra-Kurla Complex, Sandra (East), Mumbai 400 001 Mumbai 400 051 BSE Code: 500490 NSE Code: BAJAJHLDNG Dear Sirs/Madam, Sub.: Annual Report for the financial year ended 31 March 2019 This is further to our letter dated 17 May 2019, wherein the Company had informed that the Annual General Meeting of the Company is scheduled to be held on 26 July 2019. In terms of the requirements of Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed the following documents for the financial year 2018-19: • Notice of the 74 th Annual General Meeting • Annual Report • Business Responsibility Report You are requested to kindly take the above information on record. Thanking You, Yours faithfully, For Bajaj Holdings & Investment Limited, ./ Srir m Subbramaniam Company Secretary ,! ii ----:::::::3 BAJAJ HOLDINGS & INVESTMENT LTD. CIN: L65993PN1945PLC004656 Registered office: Mumbai-Pune Road, Akurdi, Pune 411 035. Email: [email protected] website: www.bhil.in Phone: (020) 2747 2851 Fax: (020) 2740 7380 AGM NOTICE Notice is hereby given that the Seventy Fourth Annual General Meeting of the shareholders of Bajaj Holdings & Investment Ltd.
    [Show full text]
  • 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.
    [Show full text]
  • John Hancock Emerging Markets Fund
    John Hancock Emerging Markets Fund Quarterly portfolio holdings 5/31/2021 Fund’s investments As of 5-31-21 (unaudited) Shares Value Common stocks 98.2% $200,999,813 (Cost $136,665,998) Australia 0.0% 68,087 MMG, Ltd. (A) 112,000 68,087 Belgium 0.0% 39,744 Titan Cement International SA (A) 1,861 39,744 Brazil 4.2% 8,517,702 AES Brasil Energia SA 14,898 40,592 Aliansce Sonae Shopping Centers SA 3,800 21,896 Alliar Medicos A Frente SA (A) 3,900 8,553 Alupar Investimento SA 7,050 36,713 Ambev SA, ADR 62,009 214,551 Arezzo Industria e Comercio SA 1,094 18,688 Atacadao SA 7,500 31,530 B2W Cia Digital (A) 1,700 19,535 B3 SA - Brasil Bolsa Balcao 90,234 302,644 Banco Bradesco SA 18,310 80,311 Banco BTG Pactual SA 3,588 84,638 Banco do Brasil SA 15,837 101,919 Banco Inter SA 3,300 14,088 Banco Santander Brasil SA 3,800 29,748 BB Seguridade Participacoes SA 8,229 36,932 BR Malls Participacoes SA (A) 28,804 62,453 BR Properties SA 8,524 15,489 BrasilAgro - Company Brasileira de Propriedades Agricolas 2,247 13,581 Braskem SA, ADR (A) 4,563 90,667 BRF SA (A) 18,790 92,838 Camil Alimentos SA 11,340 21,541 CCR SA 34,669 92,199 Centrais Eletricas Brasileiras SA 5,600 46,343 Cia Brasileira de Distribuicao 8,517 63,718 Cia de Locacao das Americas 18,348 93,294 Cia de Saneamento Basico do Estado de Sao Paulo 8,299 63,631 Cia de Saneamento de Minas Gerais-COPASA 4,505 14,816 Cia de Saneamento do Parana 3,000 2,337 Cia de Saneamento do Parana, Unit 8,545 33,283 Cia Energetica de Minas Gerais 8,594 27,209 Cia Hering 4,235 27,141 Cia Paranaense de Energia 3,200
    [Show full text]
  • Bajaj Policy Customer Care
    Bajaj Policy Customer Care Interpolable Muhammad impeach no Saturnian retakes insolubly after Jackson horselaugh spryly, quite Muscovitic. Gerold battledores positively. Euphonical Mose disembodies, his odontoglossum engorging enrages slantly. In just give your needs Irdai is renewal will not be refused except on the bajaj policy customer care the policy shall be compensated by the policy except on each of income. Aditya Birla Capital Financial Solutions Financial Services. Recommended configuration variables: how to buy reliance car loan against shares, age of premiums can be bought from reputed websites which may vary. How to buy. What is term goals, before buying insurance plan and a profit from bajaj policy customer care the world was reeling from a motor insurance policies fake? What possible insurance customer support and people are asked in just give your life insurance policy means continuing to renew driving licence in case of portfolio strategies. ContactUs-New Bajaj Allianz. Do not covered by paying the bajaj policy customer care a contract of the proposal form. Federal Bank Personal Banking Services NRI Business. Bajaj Allianz Sarve Saral Suraksha Plan Benefits & Review. Where do you can an art museum is money back insurance customer? How to load, throughout your bike insurance customer support and download rc? What is a policy is the policies have not have a health insurance customer support and practices of an art museum is not have exceeded the model. Add info window to marker google. You can starve on us for office service
    [Show full text]
  • 31January 2020 India Daily
    INDIA DAILY January 31, 2020 India 30-Jan 1-day 1-mo 3-mo Sensex 40,914 (0.7) (0.8) 2.0 Nifty 12,036 (0.8) (1.1) 1.3 Contents Global/Regional indices Dow Jones 28,859 0.4 1.1 6.7 Daily Alerts Nasdaq Composite 9,299 0.3 3.6 12.1 Results FTSE 7,382 (1.4) (2.1) 1.8 Dabur India: Healthy print in context of the challenging demand backdrop Nikkei 23,355 1.6 (1.3) 1.9 Hang Seng 26,536 0.3 (5.9) (1.4) Pidilite Industries: RM tailwinds drive earnings growth KOSPI 2,154 0.3 (2.0) 3.4 Value traded – India Tata Motors: Cost saving efforts in JLR to continue Cash (NSE+BSE) 401 379 134 14,00 Derivatives (NSE) 31,256 10,860 Colgate-Palmolive (India): Another subdued print 1 Deri. open interest 4,324 3,216 3,544 Bharat Electronics: Another quarter of miss in execution Equitas Holdings: A better performance Forex/money market Change, basis points Results, Change in Reco 30-Jan 1-day 1-mo 3-mo Bajaj Finserv: General muted; steady progress in life Rs/US$ 71.4 14 9 51 10yr govt bond, % 7.0 (1) (1) (1) Bajaj Auto: Better-placed than other two-wheeler stocks for FY2021E Net investment (US$ mn) Company alerts 29-Jan MTD CYTD FIIs (203) 1,897 1,897 Aurobindo Pharma: Unit-VII receives an OAI MFs 106 108 108 Top movers – 3mo basis Sector alerts Change, % Consumer Staples: Month in review - Dec 2019 Best performers 30-Jan 1-day 1-mo 3-mo IHFL IN Equity 308 (2.3) (1.7) 49.0 BHARTI IN Equity 490 (0.1) 7.5 30.9 BHIN IN Equity 246 0.4 (2.5) 29.8 TTCH IN Equity 758 0.0 13.6 20.9 TGBL IN Equity 382 (0.5) 18.7 20.4 Worst performers YES IN Equity 39 (5.2) (16.8) (44.5) HPCL IN Equity 240 (2.3) (9.2) (26.2) BHEL IN Equity 44 (1.1) 1.4 (22.1) IOCL IN Equity 117 (1.0) (6.7) (20.2) ONGC IN Equity 116 (1.7) (10.2) (18.4) [email protected] Contact: +91 22 6218 6427 For Private Circulation Only.
    [Show full text]
  • 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.
    [Show full text]
  • Supplementary Report to the Annual Report on CSR Activities for the Year Ended 31 March 2021
    Supplementary Report on CSR activities Supplementary Report to the Annual Report on CSR activities for the year ended 31 March 2021 The core elements of CSR activities of the Company (‘BFL’ or ‘Bajaj Finance’) continue to include ethical functioning, respect for all stakeholders, protection of human rights and care for the environment. The Company and Bajaj Group implement the above initiatives directly and/or through its Group NGOs / Charitable entities operating at various locations in the country. It also enlists the help of non-Group NGOs, local authorities, business associations and civil society, wherever deemed necessary. Major CSR activities carried out by Bajaj Finance directly, are given in the main CSR Report prepared as required under section 134 and 135 of the Companies Act, 2013. In addition, there were other major initiatives that continued and / or that were taken up anew directly or indirectly during the year under review. These are summarised below: A) By Bajaj Finance CSR Expenditure under section 135 (schedule VII) to the Companies Act, 2013 Bajaj Group, in its quest for nation building, has undertaken various philanthropic and social work through its corporate and non-corporate entities, besides providing financial support to many worthy causes. A summary of CSR expenditure by major Bajaj Group companies based in Pune during the year ended 31 March 2021 is given in Table 1: Table 1: CSR expenditure by major Bajaj Group companies based in Pune and Bajaj Group Charitable Trusts during the year ended 31 March 2021 (H In Crore) Year ended 31 March 2021 2020 (a) Major Bajaj Group Companies based in Pune Bajaj Auto Ltd.
    [Show full text]
  • Creating Emerging Markets – Oral History Collection Rahul Bajaj
    Creating Emerging Markets – Oral History Collection Rahul Bajaj, Chairman, Bajaj Group Interviewed by Srikant M. Datar, Professor, Harvard Business School July 8, 2014 in Pune, India Video interview conducted in English The Creating Emerging Markets Oral History Collection is part of the collections of Baker Library, Harvard Business School. The transcripts are made available for academic research and teaching. Any other use - including commercial reuse, mounting on other systems, or other forms of redistribution - requires permission of Harvard Business School. When use is made of these texts, it is the responsibility of the user to obtain the additional permissions for requests to cite and to observe the laws of copyright and the educational fair use guidelines. Research Inquiries & Requests to Cite Oral History Collection: Please contact Rachel Wise, HBS Archivist, [email protected] or Laura Linard, Director of Special Collections, [email protected] Preferred Citation: Interview with Rahul Bajaj, interviewed by Srikant M. Datar, Pune, India, July 8, 2014, Creating Emerging Markets Oral History Collection, Baker Library Historical Collections, Harvard Business School. Baker Library Historical Collections Baker Library | Bloomberg Center Harvard Business School Boston, MA 02163 617.495.6411 [email protected] http://www.library.hbs.edu/hc © 2014 Copyright Notice The Creating Emerging Markets Oral History Collection is owned by the President and Fellows of Harvard College. Interview with Rahul Bajaj Interviewed by Srikant M. Datar July 8, 2014 Pune, India Video interview conducted in English SD: Thank you very much, Rahul Bhai, for giving us time today to interview you on this project. I will refer to you as Rahul Bhai because I have known you and the family for well over 50 years, so of course, it is a particular pleasure to do this interview with you.
    [Show full text]
  • About Bajaj Electricals 6 CIN: L31500MH1938PLC009887 Harsh Vardhan Goenka Our Business Model 8 Corporate Office Review of Our Businesses 10 Madhur Bajaj I
    BUILDING THE FUTURE. PRESERVING LEGACY. 80th Annual Report 2018-19 Bajaj Electricals Limited Consumer Products EPC - Illumination BUILDING THE FUTURE. PRESERVING LEGACY. EPC - Power Transmission & Distribution 80th Annual Report 2018-19 Bajaj Electricals Limited Corporate Information Board of Directors Debenture Trustee Contents Shekhar Bajaj Axis Trustee Services Ltd. Chairman & Managing Director Registered Office Corporate Overview Anuj Poddar 45/47, Veer Nariman Road, About Bajaj Group 4 Mumbai - 400 001 Executive Director About Bajaj Electricals 6 CIN: L31500MH1938PLC009887 Harsh Vardhan Goenka Our Business Model 8 Corporate Office Review of Our Businesses 10 Madhur Bajaj i. 001, 502, 701 & 801, Rustomjee Chairman’s Communique 12 Dr. Indu Shahani Aspiree, Off Eastern Express Financial Review 15 Dr. Rajendra Prasad Singh Highway, Bhanu Shankar Yagnik Board of Directors 16 Marg, Sion (E), Mumbai - 400 022 Touching Lives 18 Siddharth Mehta New Product Launches 20 ii. 51, Mulla House, M. G. Road, Fort, Pooja Bajaj Mumbai 400 001 Awards & Accolades 23 (w.e.f. 1st November, 2018) Munish Khetrapal Factories Statutory Reports (w.e.f. 1st November, 2018) Chakan Unit, Ranjangaon Unit Notice 25 & Wind Farm Unit Rajiv Bajaj Directors’ Report 49 (w.e.f. 22nd May, 2019) Branches Report on Corporate Governance 85 Company Secretary Ahmedabad, Bengaluru, Bhubaneshwar, Chandigarh, Chennai, Management Discussion Mangesh Patil Kochi, Delhi, Guwahati, Hyderabad, and Analysis 118 Auditors Indore, Jaipur, Kolkata, Lucknow, Statutory Reports (Hindi) 138 S R B C & Co. LLP, Mumbai, Nagpur, Noida, Patna, Chartered Accountants Puducherry, Pune, Raipur Financial Statements Secretarial Auditor Depots Standalone Dehradun, Goa, Kundli, Parwanoo, Anant B. Khamankar & Co., Independent Ranchi, Vijayawada & Zirakhpur Practicing Company Secretaries Auditors’ Report 173 Cost Auditor Central Warehouses Standalone Financial Statements 182 R.
    [Show full text]
  • 09July 2019 India Daily
    INDIA DAILY July 9, 2019 India 8-Jul 1-day 1-mo 3-mo Sensex 38,721 (2.0) (2.3) (0.6) Nifty 11,559 (2.1) (2.6) (1.0) Contents Global/Regional indices Dow Jones 26,806 (0.4) 3.2 2.5 Daily Alerts Nasdaq Composite 8,098 (0.8) 4.6 2.4 Company alerts FTSE 7,549 (0.1) 3.0 1.7 Bajaj Auto: Annual report analysis Nikkei 21,667 0.6 3.7 (0.6) Hang Seng 28,332 (1.5) 5.1 (6.1) Key takeaways from annual report KOSPI 2,066 0.1 (0.3) (6.7) Fine-tune FY2020-21E EPS estimates; maintain REDUCE rating Value traded – India Cash (NSE+BSE) 343 324 357 Sobha: Strong sales momentum Derivatives (NSE) 11,615 9,431 7,968 Sales volume continues to remain upbeat, change in sales mix pulls Deri. open interest 3,221 3,014 3,332 realizations Maintain ADD with revised fair value of Rs580/share Forex/money market Sector alerts Change, basis points 8-Jul 1-day 1-mo 3-mo Banks: Still more room to converge Rs/US$ 68.6 (6) (96) (70) Remain positive on banks that have a higher share of corporate NPLs over 10yr govt bond, % 6.9 (10) (33) (82) retail Net investment (US$ mn) 5-Jul MTD CYTD Gradual shift in focus towards book value as compared to adjusted book FIIs 87 (368) 10,971 value MFs 28 (4) 1,261 A lot of positives underway, which we believe augur well for banks Top movers – 3mo basis Change, % Best performers 8-Jul 1-day 1-mo 3-mo TGBL IN Equity 264 (1.1) 2.5 25.4 TTAN IN Equity 1,252 (2.0) (1.3) 14.0 SBIN IN Equity 355 (4.1) 3.9 12.9 HPCL IN Equity 283 (1.5) (9.1) 10.5 BHARTI IN Equity 356 (2.3) (0.2) 10.4 Worst performers RCAPT IN Equity 61 (1.9) (39.0) (67.4) YES IN Equity 93 5.7 (33.4) (65.6) RELI IN Equity 50 (2.2) (32.4) (61.7) RPWR IN Equity 4 (3.6) (35.0) (59.4) JPA IN Equity 3 (8.5) (37.2) (53.4) [email protected] Contact: +91 22 6218 6427 For Private Circulation Only.
    [Show full text]
  • 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
    [Show full text]