It is famous for its world acclaimed Meenakshi Sundareswarar Temple. The city of Madurai has been constructed in the form of a lotus and is built around the temple.
The Company has transferred Rs.
The Directors have decided to pay a second interim dividend of Rs. Pursuant to the provisions of Section of the Companies Act,the Company has placed separate audited accounts of its subsidiaries on its website www.
The Company will make available the audited annual accounts and associated information of its subsidiaries, upon request by any of its shareholders. He continues to be a Director and Chairman of the Board.
Necessary resolution for her re-appointment is being placed for approval of the members at the AGM. The board, therefore, recommends her re-appointment as a Director of the Company.
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A brief resume of Ms Arathi Krishna and other relevant information have been furnished in the notice convening the AGM. Please refer Page Nos. There was no material related party contract as defined under the Companies Act, during the year.
The Audit Committee is also informed periodically of the risks and concerns. Corrective actions and mitigation measures are taken as and when needed. The manner in which the evaluation has been carried out has been explained in the Corporate Governance Report attached as Annexure to this report.
The financial performance of some of the subsidiaries during financial year are given hereunder: SFZL, China has recently set-up a foundry division to enable backward integration for the above products.
The net profit was at Rs. TVS Upasana Limited is a wholly-owned subsidiary and is engaged in the manufacture of Spokes and Nipples, automobile kits, tools, dowel pins, small screws, Cold Extruded Parts and other parts catering to automotive industry.
Sundram Precision Components Limited SPCLa wholly- owned subsidiary is engaged in the manufacture of parts for motor vehicle, sintered parts such as valve guides, valve seats and other parts catering to automotive industry.
The Board of Directors at their meeting held on May 24, had approved the scheme of amalgamation of Sundram Precision Components Limited with the Company and the relevant process is in preliminary stage. TVS Infotech Limited TVSia subsidiary is engaged in information technology business providing Enterprise Solutions for core industries like Manufacturing, Automotive and Distribution and focuses on off-shore and outsourcing operations for clients in India and the U.
The revenue from operations from TVSi during the year under review was at Rs. Improved utilisation of resources and relentless focus on cost control helped achieve higher profits this year.
No amount on account of principal or interest on deposits from public was outstanding as on Balance Sheet date. The Company has in-house internal audit team to observe the effective functioning of internal financial controls, ensuring adequacy with respect to financial statements and verify whether the financial transaction flow in the organisation is being done based on the approved policies of the Company.
The internal auditor presents the internal audit report every quarter and management comments on the internal audit observations to the Audit Committee. The internal control mechanisms are in place for safeguarding of assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records and timely preparation of reliable financial information.Your profile has been shortlisted for a F2F interview in Sundaram InfoTech A Division of Sundaram Finance Ltd Sundaram InfoTech A Division of Sund Apply Now INR Array Array Array-Array "YEARLY" Oracle DBA Chennai.
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Other employee welfare efforts include a health food section started recently at the Sundram Fasteners factory canteen - providing only health food at subsidised prices.
Indeed, all the TVS Group companies ensure their employees consume. * Implementation of 5s & Visual management through TEI (Total Employee Involvement) (through Time & Motion Study and Focussed Projects).
TVS Sundram Fasteners يونيو Title: Founder Director - VALUE . Other employee welfare efforts include a health food section started recently at the Sundram Fasteners factory canteen - Sundram Fasteners was a consistent winner of the best global supplier of the year award from General Motors for years Documents Similar To TVS - Henry Fayol Case study.
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