Basic HTML Version
96 Kajaria Ceramics Limited
Statement pursuant to section 212 (3) of the Companies Act, 1956 relating subsidiary Companies
Information on the financials of the Subsidiary Company
(In terms of Government of India, Ministry of Corporate Affairs, general Circular No 2/2011, No. 51/12/2007-
CL-III dated 8th February 2011)
Section 212
(
`
in million)
Name of Subsidiary Co
Soriso Ceramic Pvt Ltd
Jaxx Vitrified Pvt Ltd Kajaria Ceramics Addis Plc
Financial Year ends on
31.03.12 31.03.11
31.03.12 31.03.11 30.06.11 30.06.10
(w.e.f. 30.1.12)
Capital
30.00
30.00
45.50
–
4.51
–
Reserves
27.30
7.65
44.54
–
0.48
–
Total Assets
300.12
187.17
359.46
–
8.65
–
Total Liabilities
242.82
149.52
269.42
–
3.66
–
Investments made by Subsidiary
–
–
–
–
–
–
Revenues (Turnover & other income)
492.26
44.35
10.78
–
–
–
Profit before Taxation
32.17
1.62
0.05
–
–
–
Provisions for Taxation
12.52
0.14
–
–
–
–
Profit After Tax
19.68
1.48
0.04
–
–
–
Proposed Dividend
–
–
–
–
–
–
Name of Subsidiary Co
Soriso Ceramic Pvt Ltd
Jaxx Vitrified Pvt Ltd Kajaria Ceramics Addis Plc
Financial year ended
31.03.12 31.03.12 (w.e.f 30.1.12)
30.06.11
Holding Company’s interest
i) No of equity share
1,530,000
2,320,500
1,696
ii) Percentage (%) of Holding
51%
51%
99.76%
The net aggregate amount of the
Subsidiary’s Profit/Loss so far as
it concerns the members of the
Holding Company not dealt within
the Holding Company’s Account
i) For the Current Financial Year
9.63 mn
0.02 mn
–
ii) For the previous Financial years
since it became subsidiary
10.35mn
NA
NA
The net aggregate amount of
Profit/Loss of the Subsidiary
which has been dealt within the
account of the Holding Company
i) For the Current Financial Year
10.02 mn
0.02 mn
–
ii) For the previous Financial years
since it became subsidiary
10.77 mn
NA
NA
CORPORATE
INFORMATION
Board of Directors
Mr. Ashok Kajaria
(Chairman & Managing Director)
Mr. Chetan Kajaria
(Joint Managing Director)
Mr. Rishi Kajaria
(Joint Managing Director)
Mr. B.K.Sinha
(Director- Technical)
Mr. R.K.Bhargava
(Independent Director)
Mr. D.P.Bagchi
(Independent Director)
Mr. R.R.Bagri
(Independent Director)
Mr. H. Rathnakara Hegde (Independent Director)
Mr. R.C. Rawat
Sr. VP (Accounts & Taxation)
& Company Secretary
Mr. Sanjeev Agarwal
VP (Finance & Corporate Strategy)
Committee of The Board
Audit Committee
Mr. R.K.Bhargava
- Chairman
Mr. Ashok Kajaria
- Member
Mr. R.R. Bagri
- Member
Mr. H. Rathnakara Hegde - Member
Share Transfer and Investors Grievances Committee
Mr. R.R.Bagri
- Chairman
Mr. Ashok Kajaria
- Member
Mr. Chetan Kajaria
- Member
Remuneration Committee
Mr. Ashok Kajaria
- Chairman
Mr. R.K. Bhargava
- Member
Mr. R.R. Bagri
- Member
Mr. D.P. Bagchi
- Member
Project Management Committee
Mr. Ashok Kajaria
- Chairman
Mr. Chetan Kajaria
- Member
Mr. Rishi Kajaria
- Member
Mr. R.R.Bagri
- Member
Registered Office
A-27 & 28, Sikandrabad Industrial Area, Sikandrabad, Distt.
Bulandshahr, (U.P.)
Corporate Office
J-1 / B-1 (Extn.), Mohan Co-operative Industrial Estate,
Mathura Road, New Delhi 110044
Works
1. A-27 & 28, Sikandrabad Industrial Area, Sikandrabad,
Distt. Bulandshahr, (U.P.)
2. 19 km Stone, Bhiwadi- Alwar Road, Village Gailpur,
Distt Alwar (Rajasthan)
Subsidiaries
1. Soriso Ceramic Private Limited, Morbi (Gujarat)
2. Jaxx Vitrified Private Limited, Morbi (Gujarat)
3. Kajaria Ceramics Addis Plc, Ethiopia
4. Vennar Ceramics Limited, Andhra Pradesh
Auditors
M/s O.P.Bagla & Co.,
Chartered Accountants
Bankers
State Bank of India
IDBI Bank
Canara Bank
State Bank of Mysore
Oriental Bank of Commerce
HDFC Bank
Registrar & Share Transfer Agent
M/s MCS Limited
F-65, 1st Floor, Okhla Industrial Area, Phase-1, New Delhi 110020
Shares Listed at
National Stock Exchange of India Limited
Bombay Stock Exchange Limited
Cautionary statement
In this annual report we have disclosed forward-looking information to enable investors to comprehend our prospects and take informed investment decisions. This report
and other statements that we periodically make contain forward-looking statements that set out anticipated results based on the management’s plans and assumptions.
We have tried wherever possible to identify such statements by using words such as ‘anticipates’, ‘estimates’, ‘expects’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, and words
of similar substance in connection with any discussion of future performance.
We cannot guarantee that these forward-looking statements will be realised, although we believe we have been prudent in our assumptions. The achievement of results
is subject to risks, uncertainties and estimates taken as assumptions. Should known or unknown risks or uncertainties materialise, or should underlying assumptions prove
inaccurate, actual results could vary materially from those anticipated, estimated or projected. Readers should bear this in mind.