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