Board of Directors Management Team Chairman’s Letter Management Discussion and Analysis Corporate Governance General Shareholder Information Directors’ Report Report on Corporate Social Responsibility Standalone Financial Statements Consolidated Financial Statements 02 04 08 11 30 42 50 62 71 127
Board of Directors
Rahul Bajaj Chairman Madhur Bajaj Vice Chairman Rajiv Bajaj Managing Director Sanjiv Bajaj (Executive Director upto 31 March 2012; Non-Executive Director from 1 April 2012) Kantikumar R Podar Shekhar Bajaj D J Balaji Rao D S Mehta J N Godrej S H Khan Ms Suman Kirloskar Naresh Chandra Nanoo Pamnani Manish Kejriwal P Murari Niraj Bajaj
Management
Rahul Bajaj Chairman Madhur Bajaj Vice Chairman Rajiv Bajaj Managing Director Sanjiv Bajaj Executive Director (upto 31 March 2012) Pradeep Shrivastava Chief Operating Officer Abraham Joseph Chief Technology Officer R C Maheshwari President (Commercial Vehicle Business) Rakesh Sharma President (International Business) Eric Vas President (Retail Finance) Kevin D’sa President (Finance) K Srinivas President (Motorcycle Business) S Ravikumar Senior Vice President (Business Development and Assurance) Amrut Rath Vice President (Human Resources) C P Tripathi Vice President (CSR)
Auditors
Dalal and Shah
Chartered Accountants
Cost Auditor
A P Raman
Cost Accountant
Bankers
Central Bank of India State Bank of India Citibank N A Standard Chartered Bank Bank of America ICICI Bank HDFC Bank
Registered under the Companies Act, 1956
Registered Office
Mumbai-Pune Road Akurdi, Pune 411 035
Works
• Mumbai-Pune Road Akurdi, Pune 411 035 • Bajaj Nagar, Waluj Aurangabad 431 136 • Chakan Industrial Area Chakan, Pune 410 501 • Plot No.2, Sector 10, IIE Pantnagar Udhamsinghnagar, Uttarakhand 263 531
Company Secretary
J Sridhar
2
Bajaj Auto Limited 5th Annual Report 2011-12
Rahul Bajaj Chairman
Madhur Bajaj Vice Chairman
3
Bajaj Auto Limited 5th Annual Report