DOCSLIB.ORG

5000320316.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read 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. (as per scheme) w.e.f. 01.04.2012. C Crore NET INCOME STATEMENT 31.03.2016 31.03.2015 31.03.2014 * 30.09.2012** 30.09.2011 year/period ended INCOME Revenue from operations 4,683.23 4,531.46 6,644.25 4,262.63 4,903.80 Other income 5.97 38.66 49.81 106.15 15.35 Total 4,689.20 4,570.12 6,694.06 4,368.78 4,919.15 EXPENSES Purchases and materials consumed 3,127.29 3,704.54 7,815.33 3,366.01 2,739.38 Manufacturing & other expenses 510.43 552.39 982.38 496.83 425.50 Changes in inventories of fi nished 250.91 432.75 (2,075.88) (57.97) 888.47 goods and work-in-progress Total 3,888.63 4,689.68 6,721.83 3,804.87 4,053.35 Profi t / (Loss) before Depreciation, 800.57 (119.56) (27.77) 563.91 865.80 Interest & Tax (PBDIT) Finance cost (net) 690.87 741.55 948.57 536.41 515.95 Depreciation and amortisation expense 223.98 239.94 531.72 348.82 330.91 914.85 981.49 1,480.29 885.23 846.86 Profi t / (Loss) before exceptional (114.28) (1,101.05) (1,508.06) (321.32) 18.94 items and tax Exceptional items - (3.83) - - - Profi t / (Loss) before tax (PBT) (114.28) (1,097.22) (1,508.06) (321.32) 18.94 Tax expenses - - 25.06 (86.75) 6.94 Profi t / (Loss) after tax (PAT) (114.28) (1,097.22) (1,533.12) (234.57) 12.00 Dividend (%) - - - 10% 40% * Financial Year 2012-14 comprises a period of 18 months from October 01, 2012 to March 31, 2014. ** The fi gures of Financial Year 2011-12 include the effect of amalgamation of Bajaj Eco-Tec Products Ltd. (as per scheme) w.e.f. 01.04.2012. Board of Directors Kushagra Bajaj Statutory Auditors Chairman & Managing Director (Promoter) Chaturvedi & Shah Chartered Accountants M. L. Apte Non-Executive Director (Independent) Cost Auditors B.J.D. Nanabhoy & Co. R. V. Ruia Cost Accountants Non-Executive Director (Independent) Secretarial Auditor D. K. Shukla Anant B Khamankar & Co. Non-Executive Director (Independent) Company Secretaries Alok Krishna Agarwal Non-Executive Director (Independent) Bankers Allahabad Bank Vipulkumar S. Modi Bank of Baroda Bank of India Non-Executive Director (Independent) Bank of Maharashtra (w.e.f. 07-01-2016) Central Bank of India Corporation Bank Ashok Mukand Canara Bank Nominee Director (SBI) IDBI Bank Limited (w.e.f. 14-09-2015) Indian Overseas Bank Oriental Bank of Commerce Binod Kumar Punjab National Bank Nominee Director (PNB) State Bank of India (w.e.f. 07-01-2016) State Bank of Patiala State Bank of Hyderabad Ashok Kumar Gupta UCO Bank Director (Group Operations) Kiran Anuj Registered Office Golagokarannath, Lakhimpur-Kheri, Director (Administration) (up to 19-06-2016) District Kheri, Uttar Pradesh - 262 802 Tel.: +91-5876-233754/5/7/8, 233403 Fax: +91-5876-233401 Website: www.bajajhindusthan.com Company Secretary CIN: L15420UP1931PLC065243 Pradeep Parakh Group President (GRC) & Company Secretary Registrar & Transfer Agent Link Intime India Private Limited C-13 Pannalal Silk Mills Compound L.B.S. Marg, Bhandup West Chief Financial Offi cer Mumbai - 400 078 Ved Prakash Agrawal Tel.: +91-22-2596 3838 Fax: +91-22-2594 6969 Chief Financial Officer E-mail: [email protected] Contents Directors’ Report 14 Corporate Governance Report 40 Shareholder Information 52 Auditors’ Certifi cate on Corporate Governance 59 Management Discussion and Analysis Report 60 CEO/CFO Certifi cation 74 Independent Auditors’ Report 75 Balance Sheet and Statement of Profi t and Loss 80 Cash Flow Statement 82 Notes forming part of Financial Statements 83 Auditors’ Report on Consolidated Financial Statements 104 Consolidated Balance Sheet and Statement of Profi t and Loss 108 Consolidated Cash Flow Statement 110 Notes forming part of the Consolidated Financial Statements 111 14 Directors’ Report Your Directors have pleasure in presenting their Eighty Fourth annual report and the audited fi nancial statements for the year ended March 31, 2016. Financial highlights The summarised fi nancial results of the Company for the year ended March 31, 2016 are presented below: (C Crore) Year ended Year ended March 31, 2016 March 31, 2015 Sales and other income 4,689.20 4,570.12 Profi t/(Loss) before depreciation, interest and tax 800.57 (115.73) Depreciation and amortisation 223.98 239.94 Profi t/(Loss) after depreciation but before interest and tax 576.59 (355.67) Finance costs (Net) 690.87 741.55 Profi t/(Loss) before tax (114.28) (1,097.22) Provision for taxation (Net) - - Profi t/(Loss) after tax (114.28) (1,097.22) Opening balance b/f (2,645.97) (1,533.31) Disposable surplus after adjustments (2,760.25) (2,630.53) Transfer to reserve for molasses storage tank 0.31 0.28 Carrying value of fi xed assets adjusted - 15.16 Balance carried to balance sheet (2,760.56) (2,645.97) On a standalone basis, the Company achieved a turnover (including other income) of C 4,689.20 crore for the year ended March 31, 2016 as compared to C 4,570.12 crore in the previous year. The loss after tax is C 114.28 crore as compared to the loss of C 1,097.22 crore in the previous year. On a consolidated basis, the turnover including other income is C 4,696.57 crore as compared to C 4,574.05 crore in the previous year. The loss after tax and minority interest is C 206.59 crore as against loss of C 1,192.45 crore in the previous year. Dividend In view of loss incurred during the year under review, your Directors do not recommend any dividend for the current Financial Year. (Previous year - Nil) Operations The Company continues to be the leading sugar and ethanol manufacturing company in India with its fourteen sugar plants having an aggregate sugarcane crushing capacity of 1,36,000 TCD, six distilleries having aggregate capacity to produce Industrial Alcohol of 800 kilolitres per day and fourteen co-generation plants having a total power generation capacity of 449 MW. During the year, the operations at all the sugar, distillery and co-generation plants were satisfactory. Sugar During the year ended March 31, 2016, the Company crushed 10.922 MMT of sugarcane. The average recovery of sugar from sugarcane was at 10.32% as against 9.38% in the previous year. During the year, the Company produced 11,36,070 MT sugar and 5,33,219 MT molasses. During the year, the Company sold 12,96,466 MT of sugar and 1,17,968 MT of molasses as against 12,39,186 MT of sugar and 33,684 MT of molasses during the previous year.
Load more

Recommended publications
  • 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]
  • 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]
  • 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”).
    [Show full text]
  • Bajaj Consumer Care Annual Report 2018-19
    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.
    [Show full text]
  • 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.
    [Show full text]
  • 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 ..................................................................................
    [Show 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.
    [Show full text]
  • 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.
    [Show full text]
  • III. Bajaj Hindusthan Sugar's
    CIN: L15420UP1931PLC065243 Registered Offi ce: Golagokarannath, Lakhimpur-Kheri, District Kheri, Uttar Pradesh 262 802 Tel.: +91-5876-233754/5/7/8, 233403, Fax: +91-5876-233401 Website:www.bajajhindusthan.com NOTICE TO SHAREHOLDERS NOTICE is hereby given that the Eighty Third Annual General Meeting of the Members of Bajaj Hindusthan Sugar Limited (Formerly: Bajaj Hindusthan Limited) will be held on Monday, September 14, 2015 at 11.00 A.M. at BHSL Conference Hall, Golagokarnnath, Lakhimpur-Kheri, District Kheri, Uttar Pradesh – 262 802, to transact the following business: ORDINARY BUSINESS: 1. To receive, consider and adopt the Standalone and Consolidated Financial Statements for the year ended as at March 31, 2015 and the Reports of the Directors and the Auditors thereon for the said year. 2. To appoint a director in place of Mr. Ashok Kumar Gupta, Director (Group Operations) (DIN: 02608184), who retires by rotation and being eligible, offers himself for re-appointment. 3. To appoint M/s. Chaturvedi & Shah (Firm Registration Number 101720W), Chartered Accountants, pursuant to provisions of Section 139 of the Companies Act, 2013, as Auditors of the Company for fi ve consecutive years, to hold offi ce from conclusion of this 83rd Annual General Meeting until the conclusion of the 88th Annual General Meeting of the Company at such remuneration as shall be fi xed by the Board of Directors. SPECIAL BUSINESS: 4. To consider and, if thought fi t, to pass, with or without modifi cation(s), the following resolution as an Ordinary Resolution:- “RESOLVED THAT pursuant to the provisions of Sections 149, 152 and other applicable provisions of the Companies Act, 2013 read with the Companies (Appointment and Qualifi cation of Directors) Rules, 2014 (including any statutory modifi cation(s) or re-enactment thereof for the time in force), and Clause 49 of the Listing Agreement, Mrs.
    [Show full text]
  • Annual-Report-2007-08.Pdf
    Board of Directors : Management : Shekhar Bajaj, Chairman & Managing Director Shekhar Bajaj, Chairman & Managing Director Harsh Vardhan Goenka Anant Bajaj, Executive Director A.K.Jalan R.Ramakrishnan, Executive Director Ajit Gulabchand L.K.Mehta, President - Engineering & Projects BU V.B.Haribhakti P.S.Tandon, President – Appliances BU Madhur Bajaj A.S.Radhakrishna, Executive Vice President & Head – Fans BU Anant Bajaj, Executive Director Pravin Jathar, Executive Vice President & CFO Dr.Indu Shahani C.G.S.Mani, Executive Vice President & Head -Lighting BU R.Ramakrishnan, Executive Director Gulshan Aghi, Executive Vice President & Head – Luminaires BU Vivek Sharma, Vice President & Business Head (Morphy Richards) Prataprao S. Gharge, Vice President & CIO R.Ramesh, Vice President - Human Resources & Administration Company Secretary : Ranjangaon Unit : Mangesh Patil Jayant K.Deshmukh, Chief General Manager & Head (Operations) Auditors : Dalal & Shah, Chartered Accountants Bankers : State Bank of Bikaner and Jaipur Bank of India Union Bank of India State Bank of India Yes Bank Ltd. Registered Office : Contents Page No. 45-47, Veer Nariman Road, Mumbai 400 001 Notice 2 Directors’ Report 5 Factories : Report on Corporate Governance 13 Chakan Unit : Mahalunge, Chakan Talegaon Road, Auditors Certificate on Corporate Governance 25 Khed, Pune-410 501. Management Discussion and Analysis 27 Wind Farm : Village Vankusawade, Taluka Satara, Report of the Auditors to the Members 54 Dist.: Patan, Maharashtra 415 206. Ranjangaon Unit : Village Dhoksanghvi, Taluka Shirur, Balance Sheet 58 Ranjangaon, Dist. : Pune, Profit & Loss Account 59 Maharashtra 412 210. Schedules forming part of the Financial Statements 60 Cash Flow Statement 85 Branches : Balance Sheet Abstract and Company’s General Bussiness Profile 86 Ahmedabad, Bangalore, Bhubaneshwar, Chandigarh, Financial Position at a Glance 87 Chennai, Cochin, Delhi, Guwahati, Hyderabad, Indore, Jaipur, Kolkata, Lucknow, Mumbai, Nagpur, Noida, Patna, Pune, Raipur.
    [Show full text]
  • Annual Report 2019-2020 (Close Ended Schemes)
    ANNUAL REPORT (CLOSE ENDED SCHEMES) 2019-20 Union Capital Protection Oriented Fund - Series 7 Union Capital Protection Oriented Fund - Series 8 Name of Mutual Fund: Name of Asset Management Company: Union Mutual Fund Union Asset Management Company Private Limited Registered Office: Corporate Identity Number (CIN): Unit 503, 5th Floor, U65923MH2009PTC198201 Leela Business Park, Registered Office: Andheri Kurla Road, Andheri (East), Mumbai - 400059 Unit 503, 5th Floor, Leela Business Park, • www.unionmf.com Andheri Kurla Road, Andheri (East), Mumbai - 400059. Toll Free No. 18002002268 • Non Toll Free. 022-67483333 • Fax No: 022-67483401 • Email: [email protected] Website: www.unionmf.com Name of Trustee Company: Name of Sponsors: Union Trustee Company Private Limited Union Bank of India Corporate Identity Number (CIN): Registered Office: U65923MH2009PTC198198 Union Bank Bhavan, 239, Vidhan Bhavan Marg, Registered Office: Nariman Point, Mumbai - 400 021. Unit 503, 5th Floor, Leela Business Park, Dai-ichi Life Holdings, Inc. Andheri Kurla Road, Andheri (East), 13-1, Yurakucho 1-Chome, Chiyoda-ku, Mumbai - 400 059. Tokyo 100- 8411, Japan Tel: +91-22-6748 3300 • Fax: +91-22-6748 3401 ANNUAL REPORT 2019-20 Registered Office: Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East), Mumbai - 400059. CONTENTS Trustee Report 3 - 229 Independent Auditor’s Report 230 - 231 Balance Sheet 232 Revenue Account 233 Cash Flow 234 Schedules 235 - 236 Notes 237 - 247 Annexure 1 248 - 249 Perspective Historical Per Unit Statistics 250 - 252 2 ANNUAL REPORT 2019-20 Registered Office: Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East), Mumbai - 400059. TRUSTEE REPORT The Board of Directors of Union Trustee Company Private Limited has great pleasure in presenting the Ninth Annual Report and the Audited Accounts of the Schemes of Union Mutual Fund for the Financial Year ended March 31, 2020.
    [Show full text]
  • The Uppercrust
    The upper crust (Wealth in ~ crore) Ashwin Dani Uday Kotak Gautam S Adani Shashi Ruia Desh Bandhu Gupta and partners Kotak Mahindra Bank Adani Ports and family Lupin Asian Paints Jan 2015: 41,693 Jan 2015: 43,721 Essar Oil Jan 2015: 30,577 6 Jan 2015: 41,999 7 Jan 2016: 42,408 8 Jan 2016: 41,556 9 Jan 2015: 16,369 10 Jan 2016: 36,060 Jan 2016: 44,039 Jan 2016: 38,805 1 Mukesh Ambani 18 Adi Godrej 35 K P Singh 52 Ramamurthy Thyagarajan 69 Achal Anil Bakeri 86 Bhadresh K Shah Reliance Industries Godrej Industries DLF Shriram Transport Finance Symphony Welcast Steels 123,135 142,490 22,912 27,212 19445 13,904 11,005 8,050 5,525 5,754 6,318 4,805 2 Dilip Shanghvi 19 P V Ramaprasad Reddy 36 Meeta & Vinu Dhingra 53 Purushottam B Agrawal 70 Naveen Jindal 87 Virendra D Mhaiskar Sun Pharma Aurobindo Pharma Berger Paints Ajanta Pharma Jindal Steel & Power IRB Infrastructure 116,940 110,258 18,254 26,126 11,791 13,283 6,342 8,032 10,815 5,689 5,052 4,767 3 Azim Premji 20 Pankaj R Patel 37 Reddy family 54 Murugappa family* 71 Shroff Family Wipro Cadila Healthcare Dr Reddy's Labs Coromandel International UPL 88 B L Taparia 103,637 99,614 27,528 26,007 14,043 12,875 7,108 7,948 4,858 5,596 Supreme Industries 3,940 4,682 4 Sunil Mittal 21 Siddhartha Lal 38 H F Khorakiwala 55 Shyam S Bhartia & 72 P K Jain & Family Bharti Airtel Eicher Motors Wockhardt Hari S Bhartia Gujarat Fluorochemicals 89 Sajjan Bhajanka & 94,797 81,626 22,822 24,773 8,826 11,480 Jubilant Life Sciences 7,802 5,395 Sanjay Agarwal 6,102
    [Show full text]