Annual Report 2010-2011 - Gammon India

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18. Widening & strenghtening of existing National Highway to 4 lane from km 111.00 to km 127.00 of Maibong to Lumding Section of NH-54 in Assam (Contract Pkg.- EW-II (AS-24)) and rom km 60.5 to km 83.4 of Mathong to Lummding Section EW-II (AS-26) 350.87 19. Design and Construction of complete new 107 MLD capacity potable Water Supply Infrastructure Project on Turnkey basis for Guwahati City 349.70 20. Construction of Bridge and its approaches over river Yamuna D/s of existing bridge at Wazirabad, Delhi 348.90 21. Construction of 4 lane Bridge across river Kosi-BOT 347.00 22. Const. of Well Foundation and sub- struacture of Bogibeel Rail cum Road Bridge across the river Brahmaputra near Dibrugarh 343.90 23. Agra-Makhanpur Road Project on NH-2 (Package I-A). 328.49 24. DMRC Viaduct Part Design and Construction of Viaduct BC-25, 27, 28, 29, 30R 315.82 25. Improvement/ Upgradation of Dumuria-Imamganj-Sherghati-Karamain-Mathurapur- Guraru-Ahiyapur-Tikari-Mau-Kurtha-Kinjar-Paligunj-Ranitalab Road (SH-69) length 153.00 km (Contract Package No.2) 313.50 26. Civil & Structural works for Building 1 to 8 (Basement+5 Podium (Below Footprint of Building) + Stilt + 41 Habitable Floors) at the Project Runwal Greens - Commercial & Residential Development site at Merind Mill Compound, Mulund - Goregoan Link Road, Mulund (W) Mumbai-400 078 313.31 27. Civil & Structural Works for Residential Building for HDIL Whispering Towers at Bombay Oxygen, Mulund (W) 310.32 28. Main Plant and Offsite Civil Works and Chimney and Chimney elevator Package for NTPC – Tamilnadu Energy Company Limited Power Project, (2 X 500 MW) 308.92 14. ADDRESS FOR CORRESPONDENCE : Registered Office : Gammon House, Veer Savarkar Marg, Prabhadevi, Mumbai - 400 025. Telephone : 022 – 61114000. Facsimile : 022 – 2430 0529. Website : www.gammonindia.com Email : investors@gammonindia.com 15. CATEGORIES OF SHAREHOLDERS : (as on 31st March, 2011) Category Promoters Holdings No. of shares Percentage Resident 41,100,440 30.12% Non-resident Non-Promoter Holdings 3,086,435 2.26% Mutual Fund & UTI 18,969,842 13.90% Corporate Bodies 20,423,906 14.97% Banks, Financial Institutions, State & Central Govt. 7,641,314 5.60% Foreign Institutional Investors 31,631,579 23.18% NRIs/OCBs/Foreign Nationals/GDRs 5,044,674 3.70% Indian Public 8,566,792 6.28% GRAND TOTAL 136,464,982 100.00% A NNUAL R EPORT I 2010/11 43
To The Members of GAMMON INDIA LIMITED 44 A NNUAL R EPORT I 2010/11 CATEGORIES OF SHAREHOLDERS AUDITORS’ CERTIFICATE ON CORPORATE GOVERNANCE 1. We have examined the compliance of conditions of Corporate Governance by GAMMON INDIA LIMITED for the financial year ended on 31st March, 2011 as stipulated in Clause 49 of the Listing Agreement of the said Company with stock exchanges. 2. The compliance of conditions of Corporate Governance is the responsibility of the management. Our examination was limited to procedures and implementation thereof, adopted by the Company for ensuring the compliance of the conditions of the Corporate Governance. It is neither an audit nor an expression of opinion on the financial statements of the Company. 3. In our opinion and to the best of our information and according to the explanations given to us, we certify that the Company has complied in all material respects with the other conditions of Corporate Governance as stipulated in the above mentioned Listing Agreement. The minutes of some of the unlisted subsidiary companies however needs to be placed regularly before the board of the holding company. 4. We state that no investor grievance is pending for a period exceeding one month against the Company from the date of receipt of the grievance by the company as per the records and other documents maintained by the Shareholders/Investors Grievance Committee. 5. We further state that such compliance is neither an assurance as to the future viability of the Company nor the efficiency or effectiveness with which the management has conducted the affairs of the Company. Mumbai, Dated: 19 th August, 2011 For Natvarlal Vepari & Co. Chartered Accountants Firm Registration No 106971W N. Jayendran Partner M.No. 40441
Page 2 and 3: Contents A NNUAL R EPORT I 2010/11
Page 4 and 5: Gammon House the second largest con
Page 6 and 7: 4 Board of Directors Mr. Peter Gamm
Page 8 and 9: 6 A NNUAL R EPORT I 2010/11 Beas Br
Page 10 and 11: 8 Sohar Jetty, Oman A NNUAL R EPORT
Page 12 and 13: 10 Region-wise Projects as on 31st
Page 14 and 15: 12 Financial Highlights of the deca
Page 16 and 17: 14 A NNUAL R EPORT I 2010/11 Off-Sh
Page 18 and 19: 6000 5000 4000 3000 2000 1000 0 16
Page 20 and 21: 18 Key Projects Chennai Metro Proje
Page 22 and 23: 20 Public Private Partnership Proje
Page 24 and 25: Pebble Bay at Dollars Colony, Benga
Page 26 and 27: Your Directors have pleasure in pre
Page 28 and 29: Option Scheme-2007 of erstwhile ATS
Page 30 and 31: Considering the continuous scarcity
Page 32 and 33: Statement showing details of Option
Page 34 and 35: Name and Designation of Director Mr
Page 36 and 37: (a) AUDIT COMMITTEE : The Audit Com
Page 38 and 39: Name, Designation and Address of Co
Page 40 and 41: (iii) Approval of the Members sough
Page 42 and 43: 6. MEANS OF COMMUNICATION : (a) Fin
Page 44 and 45: STOCK PERFORMANCE IN COMPARISION TO
Page 48 and 49: CEO/CFO CERTIFICATION To The Board
Page 50 and 51: after USA and China. Indian road ne
Page 52 and 53: (a) Thermal power: In the present s
Page 54 and 55: • Growing urbanization has also r
Page 56 and 57: The Company sees immense opportunit
Page 58 and 59: The operative margin for financial
Page 60 and 61: 4. Your Company has entered into Jo
Page 62 and 63: 4. Patna Highway Projects Limited (
Page 64 and 65: VI. NON-FINANCIAL ORGANISATIONAL IN
Page 66 and 67: A uditors' report to the M e M bers
Page 68 and 69: A nnexure to the A uditors' report
Page 70 and 71: Name of the Statute State Nature of
Page 72 and 73: PROFIT AND LOSS ACCOUNT FOR THE YEA
Page 74 and 75: SCHEDULES FORMING PART OF BALANCE S
Page 76 and 77: SCHEDULE 5 FIXED ASSETS (` in Crore
Page 78 and 79: Face Value Nos. as on Nos. as on 31
Page 80 and 81: As at 31 st March, 2011 As at 31 st
Page 82 and 83: 2010-2011 2009-2010 ` in Crores ` i
Page 84 and 85: (c) Depreciation on revalued compon
Page 86 and 87: 9.95% - Redeemable Non-Convertible
Page 88 and 89: (b) Sundry Debtors include the foll
Page 90 and 91: 13. In respect of the road projects
Page 92 and 93: 20. Additional information pursuant
Page 94 and 95: 23. The Company is engaged mainly i
Page 96 and 97:
33. The balance with The Freyssinet
Page 98 and 99:
(d) Transactions of Oman Branch and
Page 100 and 101:
SCHEDULE - 1 Related Party Disclosu
Page 102 and 103:
Nature of Transactions/Relationship
Page 104 and 105:
Nature of Transactions/Relationship
Page 106 and 107:
BALANCE SHEET ABSTRACT OF COMPANY
Page 108 and 109:
Metropolitan Infrahousing Private L
Page 110 and 111:
Patliputra Highway Limited * Patna
Page 112 and 113:
Gammon Holdings B.V. Gammon Interna
Page 114 and 115:
Sr. No. Particulars No. of shares/
Page 116 and 117:
existing at the date of preparation
Page 118 and 119:
CONSOLIDATED PROFIT AND LOSS ACCOUN
Page 120 and 121:
C. CASH FLOW FROM FINANCING ACTIVIT
Page 122 and 123:
SCHEDULE 4 FIXED ASSETS (` in Crore
Page 124 and 125:
As at 31 st March, 2011 As at 31 st
Page 126 and 127:
April 10 - March 11 April 09 - Marc
Page 128 and 129:
The cash compensation on account of
Page 130 and 131:
10. Investments Investments are cla
Page 132 and 133:
When the hedge concerns the fair va
Page 134 and 135:
Name of Subsidiaries Country of Inc
Page 136 and 137:
(b) In Case of Sofinter the financi
Page 138 and 139:
The particulars of Investment in As
Page 140 and 141:
K. SOFINTER: The loan envisages the
Page 142 and 143:
12. Retention Bonus for employees:
Page 144 and 145:
(b) In respect of the road projects
Page 146 and 147:
(b) In respect of currency swap der
Page 148 and 149:
VSPL, a subsidiary of the Company,
Page 150 and 151:
Annexure I Related party Disclosure
Page 152:
vakils
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Annual Report 2010-2011 - Gammon India

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