WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM ...

WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM
Name &
Designation
M/s.
Age Date of
Appointment
Qualification Experience
(years)
Page 41 of 95
Responsibility Area/
Previous Experience
Shareholding
P. Kaniappan 48 27.07.1982 B.Tech, MSc,
(Warwick)
26 President Nil
G. Narayana- 54 07.06.1997 B.Tech, MBA 29 Vice-president,
Nil
murthy
(Marketing)
Raju Kutty
56 20.02.1995 B.Tech, DIIT, 35 Sr. Vice-president, Nil
Sebastian
MSc.
Systems
R. Sarathy 42 20.01.1988 B.Com, BGL, 20 General Manager, Nil
ACA, ACS,
ACWA, CFA,
MBA
Finance
S. Selvamani 54 16.01.1980 BE (Hons), 32 Sr Vice President, Nil
MSc
Research
Development
&
N. Thangamani 63 29.08.1968 BA, PGDP MIR, 44 Vice-president,
Nil
DP MIR
(Personnel)
K. Gopal 61 27.06.1966 ITI, BME, BE, 42 General Manager Nil
MBA
(conformance)
S. Narayanan 52 29.12.1981 BSC (Engg)
MSC
(Warwick)
28 Member (R & D) Nil
V. Ramanathan 39 22.01.2007 DME, AMIE, PG 20 General manager Nil
Dip in Management
(production)
Srinivasa Raman 56 17.03.1986 B.E, (EEE)
M.Tech
31 Member (R & D)
Nil
R Madhavan
Notes:
53 04.04.1990 ACA, ACS 27 Secretary 50
Date of appointment given above pertains to their original appointment in SCL.
X. PROMOTER AND PROMOTER GROUP COMPANIES:
TVS and the TVS Group:
TVS is the parent company of the TVS Group. It was incorporated as a private
limited company in 1929 under the Indian Companies Act, 1913, and was mainly
engaged in providing passenger bus services. Ever since its incorporation, it has
diversified into various other areas in the automobile sector as a service provider
maintaining service stations in various centers, distributor of cars and commercial
vehicles, automotive parts etc. throughout the country. Its turnover in the year
ended March 2008 was Rs.4560.63 crores, including other income.
TVS together with Southern Roadways Limited, Sundaram Industries Limited and
Sundaram Finance Limited, i.e. the TVS Group holds 36.30% of the Company’s
issued and paid up equity share capital.
Southern Roadways Limited is a subsidiary of TVS. It was incorporated in 1946. It
is presently one of the country’s largest transport operators for carriage of goods in
the private sector. It turnover for the year ended March 2008 was Rs. 48.60 crores.
Sundaram Industries Limited is also a subsidiary of TVS. It was incorporated in 1943
and has since been engaged in the retreading of tyres, coach building and
manufacture of rubber products. Its turnover for the year ended March 2008 was
Rs. 231.47 crores.
Sundaram Finance Limited is a public limited company incorporated in 1954. It is
one of the country’s largest lease and hire purchase finance companies in the private
sector. Its earnings for the year ended March 2008 exceeded Rs.1023.30 crores. It
has also entered into mutual funds and general insurance business.