INDEX
Contents Page No BOARD OF DIRECTORS Mr. Tejpreet Singh Chopra Chairman Route Map of AGM Venue : 1 Mr. David Skov Notice : 2 - 5 Ms. Hina Shah Directors’ Report : 6 - 34 Mr. Jan Damgaard Sorensen (upto 29 January 2019) Management Discussion and Analysis : 35 - 40 Mr. Julian Bevis Corporate Governance Report : 41 - 53 Mr. Mukesh Kumar, IAS (from 31 October 2018) Mr. Pradeep Mallick Mr. Pravin Laheri, IAS (Retd.) Business Responsibility Report : 56 - 65 Mr. Keld Pedersen Managing Director (upto 31 May 2019) Standalone Financial Statements Director (from 1 June 2019) Auditors’ Report : 66 - 73 CHIEF FINANCIAL OFFICER Balance Sheet : 74 Mr. Santosh Breed (from 2 November 2018) ! Cash Flow Statement : 77 - 78 COMPANY SECRETARY & COMPLIANCE OFFICER Notes to Financial Statements : 79 - 110 Mr. Manish Agnihotri Consolidated Financial Statements Auditors’ Report : 111 - 117 STATUTORY AUDITORS Balance Sheet : 118 Price Waterhouse Chartered Accountants LLP ""# "$% (Firm Regn. No. 012754N/N-500016) Cash Flow Statement : 121 - 122 Mumbai Notes to Financial Statements : 123 - 156 Auditors Report and Accounts of Pipavav : 157 - 199 REGISTRAR & SHARE TRANSFER AGENTS Railway Corporation Limited Karvy Fintech Private Limited (formerly known as Karvy Computershare Private Limited) Karvy Selenium Tower B, Plot 31-32 Gachibowli, Financial District, Nanakramguda, REGISTERED OFFICE Hyderabad 500032 Pipavav Port, At Post Ramapara- 2 Via Rajula District Amreli, Gujarat 365560 CIN: L63010GJ1992PLC018106 Website: www.pipavav.com Tel: 02794 302400 Fax: 02794 302413 CORPORATE OFFICE 301, Trade Centre Bandra Kurla Complex, Bandra (East), Mumbai 400098 Tel: 022 30011300 Fax: 022 26522422 ROUTE MAP TO THE VENUE OF THE AGM ROUTE MAP TO THE VENUE OF THE AGM
TO PIPAVAV
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Annual Report 2018 - 2019 1 NOTICE is hereby given that the 27th Annual General Meeting of the Members of Gujarat Pipavav Port Limited &