DOCSLIB.ORG

NPL-Annual-Reports-2014-15.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
NPL-Annual-Reports-2014-15.Pdf National Peroxide Limited National Peroxide Limited Registered Office: Neville House, J. N. Heredia Marg, Ballard Estate, Mumbai-400 001. vakils AWARDS RECEIVED DURING 2014-2015 AWARDS RECEIVED DURING 2014-2015 Bronze Medal in “national awards for Manufacturing coMpetitiveness 2013-1014” icc certificate of Merit for excellence in energy conservation & ManageMent - 2013 Mr. rakesh goyal, vice-president – operations (in centre) receiving the Bronze Medal in “national awards for Manufacturing employees of npl receiving the icc certificate of Merit for excellence in energy conservation & Management for the year competitiveness 2013-14” presented by padma Bhushan dr. a. sivathanu pillai, (on right) father of Brahmos Missile, on 6th June, 2013, presented by Mr. ananth Kumar, (second from left) Hon’ble Minister of chemicals & fertilizers, government of india on 2014 in chennai, at a ceremony organized by the international research institute for Manufacturing. 30th september, 2014 in Mumbai. MaHarasHtra safety award - 2013 MaHarasHtra safety award - 2014 icc award for excellence in ManageMent of HealtH / safety / environMent - 2013 Mr. rakesh goyal, vice-president – operations & Mr. v. K. valmiki, sr. Manager – Hse, (third & fourth from left) receiving the icc award for excellence in Management of Health / safety / environment for the year 2013, presented by Mr. ananth Kumar, (second from left) Hon’ble Minister of chemicals & fertilizers, government of india and padma vibhushan dr. anil Kakodkar, (on right) former chairman – atomic energy commission of india on 30th september, 2014 in Mumbai. Please also see inside back cover National Peroxide Limited Annual Report 2014-2015 (Registered — 16th March, 1954) DIRECTORS (As on 6th July, 2015) NESS N. WADIA (Chairman) K. N. SUNTOOK (upto 25th April, 2014) R. BATRA N. P. GHANEKAR S. RAGOTHAMAN S. R. LOHOKARE (Managing Director) COMPANY SECRETARY H. B. CHINOY (upto 20th April, 2015) SEEMA JAGNANI (w.e.f. 21st April, 2015) BANKERS STATE BANK OF INDIA CANARA BANK THE HONGKONG & SHANGHAI BANKING CORPORATION LIMITED SOLICITORS AND ADVOCATES CRAWFORD BAYLEY & CO. AUDITORS S. B. BILLIMORIA & CO. Chartered Accountants REGISTERED OFFICE NEVILLE HOUSE, J. N. HEREDIA MARG, BALLARD ESTATE, MUMBAI - 400 001. HEAD OFFICE: C-1, WADIA INTERNATIONAL CENTRE (BOMBAY DYEING), PANDURANG BUDHKAR MARG, CONTENTS WORLI, MUMBAI-400 025 Notice 2 FACTORY Directors’ Report 9 N.R.C. ROAD, P. O. ATALI, Management Discussion & Analysis Report 16 VIA MOHONE, KALYAN - 421 102, Corporate Governance Report 18 DIST. THANE, MAHARASHTRA. Auditors’ Report for Standalone Financial Statements 49 REGISTRAR & SHARE TRANSFER AGENTS Standalone Financial Statements 52 SHAREX DYNAMIC (INDIA) PVT. LTD. Notes to Standalone Financial Statements 55 UNIT : NATIONAL PEROXIDE LTD. Auditors’ Report for Consolidated Financial 71 UNIT NO. 1, Statements LUTHRA INDUSTRIAL PREMISES, Consolidated Financial Statements 74 ANDHERI-KURLA ROAD, SAFED POOL, Notes to Consolidated Financial Statements 77 ANDHERI (E), MUMBAI - 400 072. Tel: 2851 5644/2851 5606 Form AOC-1 93 National Peroxide Limited NOTICE being in force) M/s. S. B. Billimoria & Co., Chartered Accountants, Mumbai (ICAI Registration No. 101496W), Registered Office: be and are hereby re-appointed as Statutory Auditors of the Neville House, J. N. Heredia Marg, Company to hold office from the conclusion of this Annual Ballard Estate, Mumbai - 400 001 General Meeting until the conclusion of the next Annual General Meeting at a remuneration to be decided by the Head Office: Board of Directors in consultation with the Auditors plus applicable service tax and reimbursement of travelling and C-1, Wadia International Centre (Bombay Dyeing), out of pocket expenses incurred by them for the purpose Pandurang Budhkar Marg, Worli, Mumbai-400 025 of Audit.” (CIN : L24299MH1954PLC009254) Email : [email protected] Website: www.naperol.com Special Business: Phone : 022-66620000 5. To consider and, if thought fit, to pass with or without Fax : 022-66193421 modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT, pursuant to the provisions of NOTICE is hereby given that the Sixty First Annual General Section 148 and all other applicable provisions, if any, Meeting of the Members of NATIONAL PEROXIDE LIMITED of the Companies Act, 2013 and the Companies (Audit will be held at Sunville Banquet & Conference Rooms, and Auditors) Rules, 2014, (including any statutory 9, Dr. Annie Besant Road, Near Worli Flyover, Worli, modification(s) or re-enactment(s) thereof, for the time Mumbai 400 018 on Tuesday, 11th August, 2015 at 4.00 p.m. to being in force), M/s. N. I. Mehta & Co., Cost Accountants, transact the following business:: Mumbai, (ICWA Registration No. 000023), the Cost Auditors appointed by the Board of Directors of the Ordinary Business: Company, to conduct the audit of the cost records of organic and inorganic chemicals and industrial gases of the 1. To receive, consider and adopt: Company for the financial year ending 31st March, 2016, a. the Audited Financial Statements of the Company be paid remuneration of ` 3,00,000/- (Rupees Three Lakhs for the financial year ended 31st March, 2015, the Only) plus service tax as applicable and reimbursement of reports of the Board of Directors and Auditors travelling and out-of-pocket expenses incurred by them thereon; and in connection with the aforesaid Audit be and is hereby ratified and confirmed. b. the Audited Consolidated Financial Statements of the Company for the financial year ended RESOLVED FURTHER THAT, the Board of Directors 31st March, 2015, together with the Report of the and / or the Company Secretary, of the Company be and is Auditors thereon. hereby authorised to do all such acts and take all such steps as may be necessary, proper or expedient to give effect to 2. To declare a Dividend on Equity Shares for the financial this resolution.” year ended 31st March, 2015. 6. To consider and, if thought fit, to pass with or without 3. To appoint a Director in place of Mr. Ness N. Wadia modification(s), the following resolution as Special (DIN: 00036049), who retires by rotation in terms of Resolution: Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment. “RESOLVED THAT, pursuant to the provision of Section 94 and other applicable provisions, if any, of the 4. To appoint Auditors and to fix their remuneration and Companies Act, 2013 and the Companies (Management in this regard to consider and, if thought fit, to pass with and Administration) Rules, 2014, (including any statutory or without modification(s), the following resolution as an modification(s) or re-enactment(s), thereof, for the time Ordinary Resolution: being in force), the Company hereby accords its approval to keep, maintain and preserve Register of Members together “RESOLVED THAT, pursuant to the provisions of with the Index of Members, the Register of Debenture Sections 139, 142 and other applicable provisions, Holders together with the Index of Debenture Holders, if any, of the Companies Act, 2013 read with the Companies other registers, the copies of all Annual Returns to be (Audit and Auditors) Rules, 2014, (including any statutory filed under Section 92 of the Companies Act, 2013 along modification(s) or re-enactment(s) thereof for the time with those filed under the provisions of the Companies 2 Annual Report 2014-2015 Act, 1956 together with the copies of certificates and (c) The Members are hereby informed that documents required to be annexed thereto or any one Mrs. Hema Hattangady (DIN: 00175563) was or more of them, and/or any of the documents as appointed as Additional/Independent Director on required to be kept at the Registered Office of the the Board of the Company w.e.f. 31st March, 2015. Company be kept at the Company’s Head Office situated The Nomination and Remuneration Committee at its at C-1, Wadia International Centre (Bombay Dyeing), meeting held on 26th May, 2015 had recommended Pandurang Budhkar Marg, Worli, Mumbai 400 025, to the Board the appointment of Mrs. Hattangady instead of being kept at the Registered Office of the as Independent Director of the Company for a Company. period of 5 years. The Board at its meeting held later on the same day had approved the appointment RESOLVED FURTHER THAT, any one Director and / or of Mrs. Hattangady as Independent Director the Company Secretary of the Company, be and is/are pursuant to Sections 149, 152 read with Schedule IV hereby jointly and/or severally, authorised to do all such and all other applicable provisions if any, of acts, deeds, matters and things as may be considered the Companies Act, 2013 and the Companies necessary or desirable to give effect to this resolution and (Appointment and Qualification of Directors) matters incidental thereto.” Rules, 2014, including any statutory amendment(s) or modification(s) thereof for the time being in force and Clause 49 of the Listing Agreement, as amended for a period of 5 years from the conclusion of the ensuing Annual General Meeting to be held on 11th August, 2015 upto 10th August, 2020, subject By Order of the Board of Directors to the approval of the members. For NATIONAL PEROXIDE LIMITED Mrs. Hattangady tendered her resignation for SEEMA JAGNANI personal and unavoidable circumstances from Company Secretary the Board of the Company w.e.f. 2nd July, 2015. th Mumbai, 6 July, 2015 Consequent to which the Board vide Circular Resolution dated 6th July, 2015 noted the resignation of Mrs. Hattangady and approved revised Notice convening the 61st Annual General Meeting by deleting the item for appointment of NOTES: Mrs. Hattangady as Independent Director. The members are also informed that serial no. 31 (a) A MEMBER ENTITLED TO ATTEND AND VOTE AT in the Directors’ Report mentions about the THE MEETING IS ENTITLED TO APPOINT ONE OR appointment of Mrs. Hattangady as an Independent MORE PROXIES TO ATTEND AND VOTE INSTEAD Director, since the Directors’ Report has to be dated OF HIMSELF/HERSELF AND SUCH PROXIES NEED the date on which the Annual Accounts are adopted NOT BE MEMBER(S).
Load more

Recommended publications
  • Go Air – an Airline Operations Review
    International Journal of Scientific Research and Engineering Development-– Volume 3 Issue 2, Mar-Apr 2020 Available at www.ijsred.com RESEARCH ARTICLE OPEN ACCESS Go Air – An Airline Operations Review Anuj Modgil*, Kanishk Rastogi**, Mohit Mohan Saxena***, Epari Shravan****, Prof. Vidhya Srinivas***** *(Student, Universal Business School, Mumbai Email: [email protected]) ** (Student, Universal Business School, Mumbai Email :[email protected]) ***(Student, Universal Business School, Mumbai Email: [email protected]) **** (Student, Universal Business School, Mumbai Email : [email protected]) ***** (Professor, Universal Business School, Mumbai Email : [email protected]) ---------------------------------------- ************************ ---------------------------------- Abstract: GoAir is an international carrier based in Mumbai, Maharashtra, India. It is a low-cost carrier, owned by Wadia Group. The airline company has 9% market share in the Indian domestic carrier market. GoAir started its operations back in 2005 with the first flight being operated on Mumbai - Ahmedabad sector on 4 - November - 2005. The airline was one of the first in India to operate the Airbus A320 aircraft in an all economy setup. Initially GoAir operated just a single aircraft and was able to cover four destinations across India. As of January 2019, GoAir owned a fleet of 48 Airbus A320 aircrafts with 114 more on order. The airline operates 230+ daily flights which are spread across 26 destinations (24 domestic and 2 international). This paper is an operations review of the airlines. Keywords —GoAir, Airlines, Aviation, Operations, Management, Fleet, Airport, Industry . ---------------------------------------- ************************ ---------------------------------- next set of passengers are ready to board the aircraft I. INTRODUCTION for the next destination on the route. This gives a GoAir has a reputation of being Slow, Very Slow mere 20 minutes to the ground staff to prepare the in expanding its business.
    [Show full text]
  • Press Release the Bombay Burmah Trading Corporation
    Press Release The Bombay Burmah Trading Corporation Limited April 3, 2020 Ratings Facilities Amount Rating1 Rating Action (Rs. crore) Long term Bank Facilities 7.11 CARE AA; Stable Reaffirmed (Double A; Outlook: Stable) Long term Bank Facilities 49.00 CARE AA; Stable Reaffirmed (enhanced from 29.00) (Double A; Outlook: Stable) Short-term Bank Facilities 1.00 CARE A1+ Reaffirmed (A One Plus) Total 57.11 (Rs. Fifty Seven Crore and Eleven Lakhs only) Details of instruments/facilities in Annexure-1 Detailed Rationale & Key Rating Drivers The reaffirmation of ratings assigned to the bank facilities of The Bombay Burmah Trading Corporation Limited (BBTCL) continues to derive strength from it being one of the holding company of Wadia Group. BBTCL has equity investments in group companies like Britannia Industries Limited (BIL) and The Bombay Dyeing & Manufacturing Company Limited (BMCL) that have significant market value. The rating also factors in the reputed and well-established promoter group, its presence in diversified businesses, expected monetization of real estate assets towards reduction of debt and issuance of NCDs to refinance its existing term loan facilities. However, these rating strengths continue to be partially offset by moderation in operational performance resulting in moderate financial risk profile in FY19 (refers to period April 01, to March 31,) and 9MFY20 (April 01 to December 31). Any large debt fund capital expenditure impacting financial risk profile of the company, dilution of stake in BIL, ability to recover the inter-corporate deposits (ICDs) from its group companies in a timely manner and delay in monetization of real estate assets would be key rating sensitivities.
    [Show full text]
  • Nicholas & Tomasevicllp
    NICHOLAS & TOMASEVIC LLP ATTORNEYS AT LAW Tel: 619-325-0492 225 Broadway, 19th Floor Fax: 619-325-0496 San Diego, CA 92101 January 22, 2021 Via Certified Mail Britannia Industries Limited Walmart Inc. Attn. Legal Department CT Corporation System 16th & 17th Floor, The Business Precinct 818 W. 7th St STE 930 Bangalore, Karnataka, 560048 India Los Angeles, CA 90017 The Wadia Group C1 – Wadia International Centre (Bombay Dyeing) Pandurang Budhkar Marg Mumbai 400 025, India Re: Proposition 65 Notice of Violation To Whom It May Concern: We represent Environmental Health Advocates, Inc., an organization in the State of California acting in the interest of the general public. This letter serves as notice that the parties listed above are in violation of Proposition 65, the Safe Drinking Water and Toxic Enforcement Act, commencing with section 25249.5 of the Health and Safety Code (“Proposition 65”). In particular, the violations alleged by this notice consist of types of harm that may potentially result from exposures to the toxic chemical Acrylamide. This chemical was listed as a carcinogen on January 1, 1990 and listed as a developmental and reproductive toxin on February 25, 2011. The specific type of product that is causing exposures in violation of Proposition 65 are biscuits, including but not limited to: Product Name Manufacturer Distributor/Retailer Item Number/SKU 1. Britannia Bourbon Britannia Walmart Inc. UPC 8901063136441 Choco Kreme Biscuits Industries Limited The routes of exposure for the violations include dermal absorption, ingestion, and inhalation by consumers. These exposures occur through the reasonably foreseeable use of the product. The sales of this product have been occurring since at least December 2020, are continuing to this day and will continue to occur as long as the product subject to this notice is sold to and used by consumers.
    [Show full text]
  • A Historical Overview of the Parsi Settlement in Navsari 62 9
    Samuel Jordan Center for Persian Studies and Culture www.dabirjournal.org Digital Archive of Brief notes & Iran Review ISSN: 2470-4040 Vol.01 No.04.2017 1 xšnaoθrahe ahurahe mazdå Detail from above the entrance of Tehran’s fire temple, 1286š/1917–18. Photo by © Shervin Farridnejad The Digital Archive of Brief Notes & Iran Review (DABIR) ISSN: 2470-4040 www.dabirjournal.org Samuel Jordan Center for Persian Studies and Culture University of California, Irvine 1st Floor Humanities Gateway Irvine, CA 92697-3370 Editor-in-Chief Touraj Daryaee (University of California, Irvine) Editors Parsa Daneshmand (Oxford University) Arash Zeini (Freie Universität Berlin) Shervin Farridnejad (Freie Universität Berlin) Judith A. Lerner (ISAW NYU) Book Review Editor Shervin Farridnejad (Freie Universität Berlin) Advisory Board Samra Azarnouche (École pratique des hautes études); Dominic P. Brookshaw (Oxford University); Matthew Canepa (University of Minnesota); Ashk Dahlén (Uppsala University); Peyvand Firouzeh (Cambridge University); Leonardo Gregoratti (Durham University); Frantz Grenet (Collège de France); Wouter F.M. Henkelman (École Pratique des Hautes Études); Rasoul Jafarian (Tehran University); Nasir al-Ka‘abi (University of Kufa); Andromache Karanika (UC Irvine); Agnes Korn (Goethe Universität Frankfurt am Main); Lloyd Llewellyn-Jones (University of Edinburgh); Jason Mokhtarain (University of Indiana); Ali Mousavi (UC Irvine); Mahmoud Omidsalar (CSU Los Angeles); Antonio Panaino (Univer- sity of Bologna); Alka Patel (UC Irvine); Richard Payne (University of Chicago); Khodadad Rezakhani (Princeton University); Vesta Sarkhosh Curtis (British Museum); M. Rahim Shayegan (UCLA); Rolf Strootman (Utrecht University); Giusto Traina (University of Paris-Sorbonne); Mohsen Zakeri (Univer- sity of Göttingen) Logo design by Charles Li Layout and typesetting by Kourosh Beighpour Contents Articles & Notes 1.
    [Show full text]
  • Assets Management Efficiency of Indian Textile Companies - a Comparative Analysis
    IJRIM Volume 6, Issue 4 (April, 2016) (ISSN 2231-4334) International Journal of Research in IT & Management (IMPACT FACTOR – 5.96) Assets Management Efficiency of Indian Textile companies - A Comparative Analysis Dr. B. MADHUSUDHAN REDDY Professor in Finance Department of Management Studies, Guru Nanak Institute of Technology, Hyderabad, India ABSTRACT The Textile Sector in India ranks next to Agriculture. Textile is one of India’s oldest industries and has a formidable presence in the national economy. The textile industry occupies a unique place in our country. One of the earliest to come into existence in India, it accounts for 14% of the total Industrial production, contributes to nearly 27% of the total exports and is the second largest employment generator after agriculture. Like other organizations, all textile companies keep various assets such as inventory, debtors, fixed assets, investments etc. to carry out the business operations effectively and efficiently. However, managing these assets effectively is a crucial thing. Asset Management Ratios attempt to measure the firm's success in managing its assets to generate sales. These ratios can provide insight into the success of the firm's credit policy and inventory management. These ratios are also known as Activity or Turnover Ratios. This paper represents an empirical study which examines the assets management in textile companies in India with a data of 5 years. For the purpose of the study secondary data is used. For the purpose of analysis ratios and arithmetic mean have been used and to test hypothesis, ANOVA test (F test) has been applied. Key words: Assets management, Inventory turnover ratio, Debtors turnover ratio, Fixed assets turnover ratio, Total assets turnover ratio and ANOVA test.
    [Show full text]
  • Britannia Industries Limited
    BRITANNIA INDUSTRIES LIMITED (Corporate Identity Number: L15412WB1918PLC002964) Registered Office: 5/1A, Hungerford Street, Kolkata - 700 017 Phone : 033 22872439/2057; 080 39400080 Fax : 033 22872501; 080 25063229 Website: www.britannia.co.in E-mail ID: [email protected] NOTICE Notice is hereby given that the Ninety-sixth Annual General NOTES: Meeting (AGM) of the Members of Britannia Industries a. A MEMBER ENTITLED TO ATTEND AND VOTE Limited will be held on Tuesday, 4 August 2015, at 11 a.m. AT THE MEETING IS ENTITLED TO APPOINT A at the Hyatt Regency, JA-1, Sector 3, Salt Lake City, Kolkata - 700 098 to transact the following business: PROXY/ PROXIES TO ATTEND AND VOTE INSTEAD OF HIMSELF/HERSELF. SUCH A PROXY/ PROXIES ORDINARY BUSINESS: NEED NOT BE A MEMBER OF THE COMPANY. 1. To receive, consider and adopt the Audited Statement of Profit and Loss for the Financial Year ended 31 March A person can act as proxy on behalf of Members not 2015 and the Balance Sheet as on that date and the exceeding fifty (50) and holding in the aggregate not Reports of the Directors and the Auditors thereon. more than ten percent of the total Share Capital of the 2. To declare dividend for the Financial Year ended Company. In case a proxy is proposed to be appointed 31 March 2015. by a Member holding more than 10% of the total Share Capital of the Company carrying voting rights, 3. To appoint a Director in place of Mr. Ness N Wadia (holding DIN: 00036049), who retires by rotation in then such proxy shall not act as a proxy for any other terms of Section 152(6) of the Companies Act, 2013 and person or Member.
    [Show full text]
  • A Tradition of Trust in the Form of the Lancastrian Rose
    Book-Post The Bombay Burmah Trading Corporation, Ltd. A Wadia Enterprise The Wadia Group The Group has scaled great heights in innovation and entrepreneurship, inspired by the centuries- old legacy of goodwill and trust. The British Coat of Arms, granted to Nowrosjee Wadia, symbolises this legacy and the Wadia group’s commitment to advancement and innovation. The crest is a representation of the Group, its philosophy, beliefs and businesses. The crest and base of the shield represent the family origins in the shipbuilding industry during the 1700s. The middle and upper parts of the shield depict the Group’s interests in cotton growing and its links with England A Tradition of Trust in the form of the Lancastrian rose. The hand holding the hammer atop the shield signifies industriousness, together with workmanship and skill. The sun that surrounds the hand stands for global recognition and merit. The motto, IN DEO FIDE ET PERSEVERANTIA means ‘Trust in God and Perseverance’. http://www.wadiagroup.com/ If undelivered, please return to : The Bombay Burmah Trading Corporation, Ltd. 9, Wallace Street, Fort, Mumbai 400 001 vakils Cover.indd 1 7/17/2014 9:58:31 PM THE WADIA GROUP Contents PLANTATIONS FOODS Location of Corporation’s Estates and Factories 2 Notice of Annual General Meeting 3-15 Bombay Burmah Directors’ Report 16-23 SINCE 1863 SINCE 1918 Management Discussion and Analysis 24-28 Corporate Governance Report 29-40 TEXTILES REAL ESTATE Auditors’ Report 41-45 Financial Statements - Standalone 46-49 SINCE 1879 Notes forming part of Standalone Financial Statements 50-83 Auditors’ Report on Consolidated Financial Statements 84-85 SINCE 2011 Consolidated Financial Statements 86-89 AVIATION ENGINEERING & CHEMICALS Notes forming part of the Consolidated Financial Statements 90-131 Summarised Statement of Financials of 132-137 Subsidiary Companies 10 Years’ Financial Review 138 SINCE 1960 SINCE 1954 SINCE 2005 149th Annual General Meeting Wednesday, 13th August 2014, 4 pm; Y B Chavan Auditorium, Gen Jagannath Bhosle Marg, Nariman Point, Mumbai – 400 021.
    [Show full text]
  • Annual Report 2020-21 5
    CORPORATE INFORMATION Bombay Dyeing is an iconic brand with deeply rooted DIRECTORS REGISTERED OFFICE REGISTRAR & TRANSFER AGENT aspirational values in each of its product offerings. Our Nusli N. Wadia, Chairman Neville House, J. N. Heredia Marg, Ballard Estate, Mumbai-400 001. KFin Technologies Private Limited endeavour would be to make our brand, products as well S. Ragothaman as the overall experience, ‘Young, contemporary and Unit: Bombay Dyeing ever-evolving’ in the eyes of our consumers. Ness N. Wadia CORPORATE OFFICE: Selenium Building, Tower B, V. K. Jairath C-1, Wadia International Center, Plot 31-32, Gachibowli, Besides strengthening our traditional core values of Keki M. Elavia Pandurang Budhkar Marg, Financial District, Nanakramguda, Worli, Mumbai-400 025. Hyderabad, superior quality and unparalleled product range for Minnie Bodhanwala consumers cutting across different social spectra, our (CIN: L17120MH1879PLC000037) Telangana - 500 032, India. focus will be to grow our consumer franchise. We will do Sunil S. Lalbhai Email: grievance_redressal_cell@ Telephone number: +91 40 6716 2222 Fax number: +91 40 2342 0814 so through product innovations, offerings that cater to Gauri Kirloskar bombaydyeing.com E-mail: [email protected] diverse consumer preferences and by expanding product Phone: (91) (22) 6662 0000 Website: www.kfintech.com availability on multi-channel platforms. Fax: (91) (22) 6662 0069 CHIEF EXECUTIVE OFFICER Website: www.bombaydyeing.com KFin Technologies Private Limited With the economic outlook positive and lower interest Suresh Khurana (PSF) Unit: Bombay Dyeing 24-B, rates, the real estate market too will witness improved AUDITORS Raja Bahadur Mansion, demand. This year will see the completion of key CHIEF FINANCIAL OFFICER Messrs.
    [Show full text]
  • Go Airlines (India) Limited Go Airlines (India) Limited Regd
    Go Airlines (India) Limited Go Airlines (India) Limited Regd. Office: C/o Britannia Industries Limited, A‐33 Lawrence Road Industrial Area, New Delhi‐110035 Corporate Office: C‐1, Wadia International Center (WIC), Pandurang Budhkar Marg, Worli, Mumbai‐400025 CIN: U63013DL2004PLC217305 Phone: +91 22 6741000; Fax: +91 22 67410001, Website: www.GoAir.in NOTICE Notice is hereby given that the 12th Annual General Meeting of the Members of Go Airlines (India) Limited will be held at 56, Jor Bagh, New Delhi – 110001 on Thursday, 22nd September 2016 at 12:30 p.m. to transact the following business: ORDINARY BUSINESS 1. To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31st March 2016, the reports of the Board of Directors and Auditors thereon; 2. To appoint a Director in place of Mr. Ness N. Wadia (DIN:00036049), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment; and 3. To ratify the appointment of Auditors and to fix their remuneration and in this regard to consider and, if thought fit, to pass with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT, pursuant to the provisions of Sections 139, 142 and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Audit and Auditors) Rules, 2014, including any statutory modification(s) or re- enactment(s) thereof for the time being in force, and pursuant to the resolution passed by the members in the Annual General Meeting of the Company held on 12th September, 2014, consent of the members be and is hereby accorded to ratify the appointment of M/s.
    [Show full text]
  • The Bombay Burmah Trading Corporation, Ltd. Journey of Success
    Book-Post The Bombay Burmah Trading Corporation, Ltd. A Wadia Enterprise The Wadia Group Annual Report 2012-2013 The Group has scaled great heights in innovation and entrepreneurship, inspired by the centuries-old legacy of goodwill and trust. The British Coat of Arms, granted to Nowrosjee Wadia, symbolises this legacy and the Wadia group’s commitment to advancement and innovation. The crest is a representation of the Group, its philosophy, beliefs and businesses. The crest and base of the shield represent the family origins in the shipbuilding industry during the 1700s. The middle and upper parts of the shield depict the Group’s interests in cotton growing and its links with England in the form of the Lancastrian rose. The hand holding the hammer atop the shield signifies industriousness, together with workmanship 1863 2013 and skill. The sun that surrounds the hand stands for global recognition and merit. Journey of Success The motto, IN DEO FIDE ET PERSEVERANTIA means ‘Trust in God and Perseverance’. http://www.wadiagroup.com/ If undelivered, please return to : The Bombay Burmah Trading Corporation, Ltd. 9, Wallace Street, Fort, Mumbai 400 001 vakils Plantations The Bombay Burmah Trading Corporation, Ltd. A 150 year legacy built on Credibility, Trust and Integrity. An Organization that balances commercial objectives with environmental and social responsibilities to generate enduring value for all its stakeholders. Elkhill Coffee Oothu Organic Chairman’s Message Dear Shareholders, On 3rd September 2013 your Company will achieve the distinction of being the first Indian Company to complete 150 years as a company listed on BSE. Through these long years, the Corporation has witnessed many challenging situations including two World Wars, the Great Depression, the independence of our country, the emergence of the European Union and the rise of the tiger economies in the East.
    [Show full text]
  • Britannia Industries Limited: Long-Term Rating Assigned; Rated Amount Enhanced
    September 03, 2020 Britannia Industries Limited: Long-term rating assigned; rated amount enhanced Summary of rating action Previous Rated Current Rated Instrument* Amount Amount Rating Action (Rs. crore) (Rs. crore) Non-convertible Debentures - 1,000.00 [ICRA]AAA (Stable); assigned Commercial Paper Programme 800.00 1,279.00 [ICRA]A1+; assigned to enhanced limits Total 800.00 2,279.00 *Instrument details are provided in Annexure-1 Rationale For arriving at the ratings, ICRA has taken a consolidated view of Britannia Industries Limited (BIL/the company) along with its subsidiaries since all its subsidiaries operate in the same line of business and have operational and financial linkages with BIL. The assigned ratings factor in BIL’s established market position in the Indian biscuits industry with presence across various product categories and strong brands which has helped the company improve its market share steadily over the last few years. The ratings also consider BIL’s strong last-mile distribution network and its healthy financial profile characterized by strong cash and investment balances, robust debt protection metrics and minimal working capital intensity. ICRA has also taken note of the company’s focus on diversification and innovation reflecting in its foray into multiple new categories and premiumization efforts which are expected to support the company’s long-term business prospects. BIL witnessed volume growth of ~21% and revenue growth of ~27% during Q1 FY2021 supported by the spike in “in-home” consumption during the nationwide lockdown following the Covid-19 outbreak in India. This was largely because of the brand equity of the company and its ability to make products available in stores even as many other companies faced supply chain issues.
    [Show full text]
  • NOVEMBER 2020 from the Editor
    NOVEMBER 2020 From The Editor ith COVID-19 pandemic engulfing the world and continuing to cause illness and demises all around, “Unprecedented” is the word Wthat we have heard a lot in the past few months. The governments around the world have taken “unprecedented” measures to shut down their economies by closing stores and ordering citizens to shelter-in-place in order to combat the pandemic. Undoubtedly it has had a devastating impact on markets and economies, and driven unemployment rates through the roof. In the midst of fighting the worst health crisis the world has seen in 100 years, central banks, fiscal authorities, and international organisations mobilised to take extraordinary steps to respond to the market distress. The novel coronavirus pandemic has put us all through a situation—which has risen for the first time in the recent history of the planet—that triggered the largest industrial shutdown since the World War II. From factories being shuttered to airlines being grounded and borders sealed. It is for the very first time that Oil producers are paying suppliers to take excess oil due to lack of storage capacity. It can be called the ‘Great Lockdown’ recession and is the worst since the SHILPA GUPTA Great Depression of the 1930s, where the developed countries are likely to post DIRECTOR, WBR Corp a negative growth rate of around 6 per cent. It has been estimated by the World Food Programme (WFP) that around 265 million people in low- and middle- income countries could face starvation by the end of 2020. In the 21st century, with all the connectivity and technology at our command, it would be a colossal human tragedy and a shame on the whole world.
    [Show full text]