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

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<strong>WABCO</strong>-<strong>TVS</strong> (<strong>INDIA</strong>) <strong>LIMITED</strong> <strong>INFORMATION</strong> <strong>MEMORANDUM</strong><br />

Shareholding pattern:<br />

No. of shares % of shareholding<br />

Promoters’ holding:<br />

Indian Promoters 49,13,778 49.79<br />

Foreign Promoters 35,44,470 35.91<br />

Indian public 14,11,196 14.30<br />

Total 98,69,444 100.00<br />

Board of directors: The board of directors consists of M/s S Ram (Chairman and<br />

Managing Director), S Viji, T T Rangaswamy, J M A Akers,<br />

Srivats Ram (Joint Managing Director), T K Seshadri, T S<br />

Vijayaraghavan and S Prasad<br />

Financial Performance:<br />

31.3.2006 31.3.2007<br />

(Rs. in Lakhs)<br />

31.3.2008<br />

Equity Capital 986.94 986.94 986.94<br />

Reserves (Excluding revaluation reserves,<br />

if any)<br />

13131.57 15003.12 16781.12<br />

Sales & other income 86707.93 101561.53 114781.37<br />

Profit before tax 3766.87 3869.04 3974.27<br />

Provision for tax 1130.00 1266.00 1388.00<br />

Profit after tax 2636.87 2603.04 2586.27<br />

EPS (in Rs.) 26.72 26.37 26.20<br />

Net Asset Value per share (in Rs.) 143.05 162.02 180.03<br />

Details of listing and the highest and lowest market price during the<br />

preceding six months:<br />

The shares of Wheels India Limited are listed on NSE. The details of the monthly<br />

high and low of the market price of the shares in NSE for the last six months are<br />

as follows:<br />

Month<br />

NSE<br />

High (Rs.) Low (Rs.)<br />

March 2008 281.00 210.00<br />

April 2008 278.00 205.05<br />

May 2008 252.00 225.10<br />

June 2008 249.80 180.00<br />

July 2008 209.85 181.05<br />

August 2008 220.00 176.85<br />

4. <strong>TVS</strong> SRICHAKRA <strong>LIMITED</strong>:<br />

Date of Incorporation: 2.6.1982<br />

Principal business: Manufacture and sale of automotive tyres and tubes.<br />

Shareholding pattern:<br />

No. of shares % of<br />

shareholding<br />

Promoters:<br />

Bodies corporate 26,62,189 34.77<br />

Individuals / HUF 3,60,762 4.71<br />

Public 46,34,099 60.52<br />

Total 76,57,050 100.00<br />

Page 58 of 95

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