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 />
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 />
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