Tvs Annual Report

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  • Topic: Board of directors, TVS Motors, Non-executive director
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TVS MOTOR COMPANY LIMITED

Sixteenth Annual Report 2007-2008

TVS MOTOR COMPANY LIMITED
Bankers STATE BANK OF INDIA Corporate Accounts Group Branch, Greams Road, Chennai - 600 006. STATE BANK OF MYSORE Industrial Finance Branch, Midford Garden Road, Bangalore - 560 001. Registered office Jayalakshmi Estates, 29 (Old No.8), Haddows Road, Chennai - 600 006. Tel : 044 - 2827 2233 Fax : 044 - 2825 7121 Factories 1) Post Box No. 4, Harita, Hosur - 635 109. Tel : 04344 - 276780 Fax : 04344 - 276016 2) Post Box No. 1, Byathahalli village, Kadakola post, Mysore - 571 311. Tel : 0821 - 2596560 Fax : 0821 - 2596530/2596533 3) Bhatian Village, Nalagarh Post & Taluk Solan District - 174 101. Himachal Pradesh Tel : 01795 - 220494 Fax : 01795 - 220496 Subsidiary Companies Sundaram Auto Components Limited, Chennai TVS Motor Company (Europe) B.V., Amsterdam TVS Motor (Singapore) Pte. Limited, Singapore PT. TVS Motor Company Indonesia, Jakarta

Board of Directors VENU SRINIVASAN Chairman & Managing Director GOPAL SRINIVASAN T. K. BALAJI H. LAKSHMANAN T. KANNAN N. GANGA RAM C. R. DUA K. S. BAJPAI T. R. PRASAD Audit Committee T. KANNAN* Chairman T.R. PRASAD N. GANGA RAM T. K. BALAJI Investors’ Grievance Committee N. GANGA RAM Chairman VENU SRINIVASAN T. KANNAN President K.N. RADHAKRISHNAN Sr. Vice President - Finance S.G. MURALI Secretary T. S. RAJAGOPALAN Auditors SUNDARAM & SRINIVASAN Chartered Accountants, 23, Sir C.P. Ramaswamy Road, Alwarpet, Chennai - 600 018. Listing of shares with Madras Stock Exchange Ltd., Chennai. Bombay Stock Exchange Ltd., Mumbai. The National Stock Exchange of India Ltd., Mumbai. Share Transfer Agent Sundaram-Clayton Limited New No. 22, Old No. 31 Railway Colony, 3rd Street, Mehta Nagar, Chennai - 600 029. Tel : 044 - 2374 1889, 2374 2939 Fax: 044 - 2374 1889 * Effective 1st July 2008.

Contents Financial Highlights Notice to the Shareholders Directors’ Report to the Shareholders Report on Corporate Governance Auditors’ Report to the Shareholders Balance Sheet Profit and Loss Account Schedules Notes on Accounts Cash Flow Statement General Business Profile Statement under section 212 Auditors' Report on Consolidated Accounts Consolidated Accounts Financial Information of Subsidiaries

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TVS MOTOR COMPANY LIMITED

Financial Highlights
Rupees in crores DETAILS Sales and other income Profit before interest, depreciation and tax Profit before tax Profit after tax Net fixed assets Share capital Reserves and surplus Networth Total borrowings Earnings per share (Rs.) Dividend per share (Rs.) Book value per share (Rs.) 2007-08 3,310 132 35 32 1,043 24 798 769 666 1.34 0.70 32.04 2006-07 3,921 203 91 67 1,003 24 786 751 634 2.80 0.85 31.29 2005-06 3,306 275 168 117 794 24 742 673 385 4.93 1.30 28.04 2004-05 2,955 291 200 138 770 24 655 614 187 5.79 1.30 25.58 2003-04 2,856 296 215 138 704 24 551 562 119 5.83 1.30 23.42

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TVS MOTOR COMPANY LIMITED

Notice to the Shareholders
NOTICE is hereby given that the sixteenth annual general meeting of the company will be held at "Sathguru Gnanananda Hall", Naradha Gana Sabha Trust, 314 TTK Road, Chennai 600 018 on Thursday, the 14th August 2008, at 10.30 A.M to transact the following business: ORDINARY BUSINESS 1. To consider and if thought fit, to pass with or without modification, the following resolution as an ordinary resolution: RESOLVED THAT the audited balance sheet as at 31st March 2008 and the profit and loss account of the Company for the year ended on that date, together with the directors’ report and the auditors’ report thereon as presented to the meeting, be and the same are hereby, approved and adopted. 2. To consider and if thought fit, to pass with or without modification, the following resolution as an ordinary resolution: RESOLVED THAT pursuant to the recommendation of the board of directors of the Company, a dividend of Re. 0.70 per share on 23,75,43,557 equity shares of Re.1/-...
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