Thyssenkrupp profits fall as restructuring looms Mumbai: When Vinod Dasarimanaging director of Ashok Leyland Ltdtravelled to London in Junehe went there with a sense of trepidation. A weak economy had led to a near collapse in the truck market, capacities were sitting idle, unsold stock was building, investors were cashing out and rumours started to do the rounds of an impending exit by promoters Hindujas. Everything that could go wrong, seemed to have gone wrong.
Earnings Per Share Face value? Financial statements for the year ended and as at March 31, have been re-stated to conform to Ind AS Note 3. In effect, the combined effect of economy, industry, segmental behavior, regulations and taxes pulled down medium and heavy commercial vehicle to end the current financial year at the same level as that of previous year.
Your Company witnessed an overall 3. Revenue from Spare Parts saw a tremendous growth of approximately 28 percent as compared to the previous financial year, due to various initiatives undertaken to grow our retail sales.
Highlights of performance are discussed in detail in the Management Discussion and Analysis Report attached as Annexure E to this Report.
The Appointed Date for the scheme of amalgamation was October 1, The intended amalgamation has been approved by the shareholders at the Court Convened Meeting held on January 23, and through Postal Ballot on January 25, Dheeraj G Hinduja, Chairman, Mr.
D J Balaji Rao and Mr.
Sanjay K Asher, Directors as members of the Committee and authorised the Committee to do all such acts, deeds, matters and things as may be necessary for the purpose of giving effect to the Order of NCLT on the scheme of amalgamation of HFL with the Company including but not limited to issue and allotment of the equity shares of the Company to the eligible shareholders of the Transferor Company as on the Record date.
Further to the receipt of noted letter from the designated stock exchange, the Board of Directors of the Company has fixed Wednesday, June 7, as the ''Record Date'' for determining the shareholders of Hinduja Foundries Limited Transferor Companyentitled to receive the equity shares of Ashok Leyland Limited Transferee Companyunder the Scheme of amalgamation sanctioned by NCLT.
The Policy is appended to this report and is also uploaded on the Company''s website at http: In line with the policy, your Directors are pleased to recommend a dividend of ''1.
Payment of dividend is subject to the approval of shareholders at the forthcoming Annual General Meeting and would involve a cash outflow of ''5,, The Indian stock exchanges, where the underlying shares are listed have been simultaneously notified about delisting of GDRs.
No fresh NCDs were issued during the year. No fresh ECB loans were availed during the year. The focus was on Recruiting for Excellence - a strategy for Talent Acquisition from campuses of key institutes aimed at better industry institute collaboration and building sustained relationships with them.
Focus on right staffing and skilling in identified international markets was given greater emphasis in line with the goal of spreading the organizationRs,s global footprint. Your Company has put in significant focus on Leadership Development by introducing and sustaining Leadership programs to build a healthy talent pipeline who are Agile, Enabled and Empowered with global outlook.
Young Talent Program was initiated to groom functional excellence in our young workforce. Emerging Leader Program, a signature program was sustained to identify and enhance future leadership capability. Business Leader Program is now sharpened to coach and nurture leaders.
Your Company started a Women Leadership Program wherein your Company hired women from exceptional educational and professional background to be groomed for business facing leadership roles. Your Company focused greatly towards building great managers to lead great teams.
People Management Capability Program Workshop followed by 90 days coaching intervention for all People Managers was aimed to enable our managers to better impact their teams.
Ashok Leyland (ASHOKLEY), the flagship company of the Hinduja group is a manufacturer of trucks, buses, special application vehicles and engines. Incorporated in as Ashok Motors, it entered into an agreement with Leyland Motors, UK in and changed its name to As. In this Annual Report, we have disclosed Clearly, has been a watershed year for Ashok Leyland. Though the commercial vehicle industry had not fully recovered from the preceding years of slow down, Your 6 ashok leyland limited Performance / Operations. ANNUAL REPORT 2 TABLE OF CONTENTS Ashok Leyland Ltd. torosgazete.com Panchal - Associate Vice President, Head, Modern trade | GODREJ Consumer Products Ltd. The event commenced with an engaging and intellectually stimulating discussion on the topic.
Employee skill and capability building across the organization through increased focus on new skills emerging out of new regulatory frameworks, emerging technologies and customer need is clearly the Company''s agenda and efforts are on in this direction.
To foster Diversity and Inclusion, Shristi - a women networking Forum was formed with 3 prolonged approach of Career development, Engagement and Caring for women at AL.adventz provides details of company’s directors reports for the Indian stock markets adventz - Zuari Finserv Private Limited.
EichEr motors limitEd 1 Dear Shareholders, It gives me great pleasure to present to you the Annual Report for Eicher Motors Limited (EML) for the year Our Vision Our Mission Risk Management Annual Report of Certification Engineers International Ltd.
for the financial year Consolidated Accounts with Independent Auditor’s Report thereon and CAG Comments Proxy Form stRoute Map - Venue of 51 AGM 02 Who We Are 04 Chairman’s. ASHOK LEYLAND STRATEGIC MANAGEMENT PROJECT | 4 The Company has the following Subsidiaries: Albonair GmbH, Germany It was established with a vision of being a complete solution provider for reducing automotive emissions and has, in the short period since inception, developed the complete solution for Selective Catalytic Reduction (SCR) and Urea.
Annual report - ashok leyland annual report - 7 annexure a to directors' report particulars of conservation of energy, technology absorption and foreign exchange (a) . Annual Report Household Goods. Info. Ashok Leyland, Chennai, India. Member of the Supervisory Board Aixtron SE.
Schaeffler AG (until February 28, ) Chairman of the Advisory Council Brose Fahrzeugteile GmbH & Co. KG. Member of the Board of Directors Autoliv Inc., USA (since March 1,