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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 />

Board of directors: The board of directors consists of M/s.S Narayanan (Chairman), R<br />

Naresh (Executive Vice Chairman), Ms.Shobhana Ramachandhran<br />

(Managing Director), M S Viraraghavan, N H Athreya, J V Raghavan,<br />

Sitaram Rao Valluri and P Vijayaraghavan<br />

Financial performance:<br />

(Rs. in Lakhs)<br />

31.3.2006 31.3.2007 31.3.2008<br />

Equity Capital 765.70 765.70 765.70<br />

Reserves (Excluding revaluation reserves, if any) 4128.66 4533.34 5148.01<br />

Sales & other income 29498.17 41861.01 46255.00<br />

Profit before tax 634.74 1056.78 1370.57<br />

Provision for tax 269.78 376.56 438.39<br />

Profit after tax 364.96 680.22 932.18<br />

EPS (in Rs.) 4.77 8.88 12.17<br />

Net Asset Value per share (in Rs.) 63.92 69.20 77.23<br />

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

six months:<br />

The shares of <strong>TVS</strong> Srichakra Limited are listed on MSE, BSE and NSE. The details of the<br />

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

months are as follows:<br />

Month<br />

NSE BSE<br />

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

March 2008 139.00 80.10 129.95 82.10<br />

April 2008 118.00 85.75 117.00 83.00<br />

May 2008 117.50 92.50 118.25 95.50<br />

June 2008 103.90 76.00 104.35 77.00<br />

July 2008 89.80 62.80 89.70 72.00<br />

August 2008 95.95 75.25 93.30 76.30<br />

Note : Since trading on the MSE is practically nil, the high and low of the market price of<br />

the shares listed on the MSE is not available.<br />

5. SUNDARAM BRAKE LININGS <strong>LIMITED</strong>:<br />

Date of Incorporation: 5.9.1974<br />

Principal business: Manufacture of organic, automotive, non-automotive and<br />

industrial friction materials.<br />

Shareholding pattern:<br />

No. of shares % of shareholding<br />

Promoters:<br />

Bodies corporate 10,64,610 39.23<br />

Individuals / HUF 5,72,589 21.11<br />

Public 10,76,301 39.66<br />

Total 27,13,500 100.00<br />

Board of directors: The board of directors consists of M/s K Mahesh (Chairman &<br />

Managing Director), K Ramesh, T Kannan, P S Raman, Ashok V<br />

Chowgule and Krishna Mahesh (Executive Director).<br />

Page 59 of 95

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