62 ANNUAL REPORT 2016-17 - The Fertiliser …

1 THE Fertiliser ASSOCIATION OF INDIA62ndANNUAL REPORT2016-1762nd FAI ANNUAL REPORT 2016 -17 FAI - IZA ROUNDTABLE ON ZINC FORTIFIED FERTILISERSCHALLENGES & WAY FORWARD62nd FAI ANNUAL REPORT 2016 -171 CONTENTSB oard of Directors2 Principal Officers of FAI6 Notice of ANNUAL general Meeting7 Agenda item in the AGM Notice11 Articles of AssociationDirectors Report23 List of AppendicesI Memoranda/Representations50 Submitted to GovernmentII FAI Representation on National and 60 International BodiesIII FAI Participation in Seminars,61 Conferences and WorkshopsIV Training Programmes/66 Orientation Courses heldduring 2016 -17V FAI Awards 201675VI FAI Publications85 VII FAI Advisory/Regional Committee86 Meetings 2016 -17 VIIIA dvisory Committees87IX FAI Members (as on )99X Form 115 Independent Auditor s REPORT 117 Balance Sheet 120 Senior Staff of FAI 133 AUDITORSM/s.

2 Lochan & Co., DelhiREGISTERED OFFICEThe Fertiliser Association of IndiaFAI House, 10 Shaheed Jit Singh MargNew Delhi - 110 067 CIN U85300DL 1955 NPL002999 Tel : +91-11-26567144 , 46005204 Fax : + : Website : AwasthiEmeritus Director-FAIupto , IFFCOR akesh KapurChairman, FAIJt. MD, BawaEmeritus Director-FAI62 ANNUAL REPORT 2016 -17ndBOARD OFDIRECTORSAjay S. ShriramEmeritus Director-FAIC hairman & Sr. Managing DirectorDCM Shriram GahlautMD, IPLS ameer GoelMD, Coromandel GuptaMD, Kribhco Fertilizers RajuChairman, ChopraCMD, ANNUAL REPORT 2016 -17ndVideh Kumar JaipuriarWTD, Jubilant Agri &Consumer Productsupto KapoorMD, CFCLN aveen KapoorPresident Agri Busness, PPLupto KaulWTD, DCM Shriram KhaitanCMDK haitan Chems. & B. KhareCMD, MFLR ahul KohliCEO (Fert. Business)Grasim Industries(Unit : Indo Gulf Fertilisers)N. Suresh KrishnanMD, LaddhaBusiness Head &Group ExecutivePresident-CopperHindalco IndustriesKapil Mehanupto JainVice Chairman, KFCLR ajiv Kumar GuptaMD, GNFC362 ANNUAL REPORT 2016 -17ndManoj MishraCMD, NFLV asudha MishraMD, NCDC upto PoddarDirector, PrakashCMD, MMTC upto RahimCMD, STCupto Rahul RajuMD, NFCL upto Sudhakar RamaiahCMD, NagpalCEO, Greenstar Fertilizers MehtaCMD, DFPCL upto RamakrishnanWTD, RanadeChairmanRanadey MicronutrientsN.

3 Sambasiva RaoMD, SinghDirector (Prodn.), BVFCLS. VenkateswarCMD, PDIL upto YadavSr. VP (Agri Busi.), GSFCS atish ChanderDG, SundarCOO (Urea Business)Tata Chemicals WariorCMD, ANNUAL REPORT 2016 -17nd5S. NandDeputy Director YadavDirector (Marketing) Director(Agricultural Sciences) DubeyChief EconomistD. RamakrishnanSecretary & KhoseRegional Executive (West) Executive (South)Kabita Debnath DasDy. Chief (Documentation &Information)Manish GoswamiChief (Technical)Kuldeep SatiDy. Chief (Statistics & IT)Parag Dass SaxenaChief (Marketing) PatraRegional Executive (East)PRINCIPALOFFICERSOF FAI62 ANNUAL REPORT 2016 -17nd662nd FAI ANNUAL REPORT 2016 -177 NOTICE OF ANNUAL general MEETINGTHE Fertiliser ASSOCIATION OF INDIA(Company Limited by Guarantee) Licensed Under Section 26 of the Companies Act 1913 Regd. Office: FAI House, 10, Shaheed Jit Singh Marg, New Delhi 110067, : U85300DL 1955 NPL002999 Notice is hereby given that the 62nd ANNUAL general meeting of The Fertiliser Association of India will be held on Monday the 25th September,2017 at hours in the Board Room of FAI, located at FAI House, 10, Shaheed Jit Singh Marg, New Delhi, to transact the following business:ORDINARY BUSINESS1.

4 To receive and adopt the Directors REPORT for the year 1st April, 2016 to 31st March, To receive and adopt the Audited Statements of Accounts of theAssociation for the year 1st April 2016 to 31st March, 2017 viz,the Income and Expenditure Account for the year ended on the31st March, 2017 and the Balance Sheet as at the 31st March, To appoint Directors of the Association:In accordance with Article 74 of the Articles of Association, thefollowing Directors retire by rotation:(i) Mr. Rakesh Kapur (DIN 00007230) representative of IndianFarmers Fertiliser Cooperative Limited, to represent theinterest of Central Region.(ii) Mr. Anil Kapoor (DIN 00032299) representative of M/sChambal Fertilizers and Chemicals Limited, to represent theinterest of Northern Region.(iii) Mr. (DIN 00120126) representative of M/s Southern Petrochemical Industries Corporation Ltd, torepresent the interests of nitrogenous and complex above Director being eligible and qualified offerthemselves for re-election in accordance with Article 76 ofthe Articles of Association of To re-appoint M/s Lochan & Co.

5 , Chartered Accountants asStatutory Auditors of the Association and in this connection, topass, with or without modification(s), the following resolutionas an Ordinary Resolution. RESOLVED that pursuant to the provisions of Section 139, 141and other applicable provisions, if any, of the Companies Act,2013 & rules made thereunder, M/s Lochan & Co., CharteredAccountants (Firm Registration ), the retiringAuditors of the Company, be and are hereby re-appointed as theStatutory Auditor of the Company to hold office from theconclusion of this ANNUAL general meeting ( AGM ) until theconclusion of the sixth AGM (67th) of the Company, at aremuneration as may be determined by the Board of Directors ofthe Company and reimbursement of all out-of-pocket expensesin connection with the audit of the accounts of the Company,subject to ratification of their appointment at every ANNUAL GeneralMeeting .SPECIAL BUSINESS5. Appointment of Directors in place of retiring Directors.

6 (i) To consider and, if thought fit, to pass, with or withoutmodification(s) the following Resolution as an OrdinaryResolution: RESOLVED that in pursuant to the provisions of Section 152and any other applicable provisions of Companies Act, 2013read with rule made thereunder, Mr. , (DIN 07416463)representing M/s Madras Fertilizers Ltd. (MFL), who wasappointed as a Director in casual vacancy by the Board ofDirectors at its meeting held on and whose term ofoffice expires at this ANNUAL general meeting and in respect ofwhich the Company has received notice under Section 160 ofthe Companies Act, 2013 proposing his candidature for the officeof Director, be and is hereby appointed as a Director of thecompany to represent the interest of nitrogenous and complexfertiliser manufacturers, liable to retire by rotation. (ii) To consider and, if thought fit, to pass, with or withoutmodification(s) the following Resolution as an OrdinaryResolution: RESOLVED that in pursuant to the provisions of Section 152and any other applicable provisions of Companies Act, 2013read with rule made thereunder, Mr.

7 , (DIN 01731920)representing M/s Kanpur Fertilizers & Cement Limited (KFCL),who was appointed as a Director in casual vacancy by the Boardof Directors at its meeting held on and whose term ofoffice expires at this ANNUAL general meeting and in respect ofwhich the Company has received notice under Section 160 ofthe Companies Act, 2013 proposing his candidature for the officeof Director, be and is hereby appointed as a Director of thecompany to represent the interest of nitrogenous and complexfertiliser manufacturers, liable to retire by rotation. (iii) To consider and, if thought fit, to pass, with or withoutmodification(s) the following Resolution as an OrdinaryResolution: RESOLVED that in pursuant to the provisions of Section 152and any other applicable provisions of Companies Act, 2013read with rule made thereunder, Mr. Suresh Warior, (DIN:06920261) representing M/s Rashtriya Chemicals and FertilizersLtd.

8 (RCF), who was appointed as a Director in casual vacancyby the Board of Directors at its meeting held on andwhose term of office expires at this ANNUAL general meeting andin respect of which the Company has received notice underSection 160 of the Companies Act, 2013 proposing hiscandidature for the office of Director, be and is hereby appointedas a Director of the company to represent the interest ofnitrogenous and complex Fertiliser manufacturers, liable to retireby rotation. (iv)To consider and, if thought fit, to pass, with or withoutmodification(s) the following Resolution as an OrdinaryResolution: RESOLVED that in pursuant to the provisions of Section 152and any other applicable provisions of Companies Act, 2013read with rule made thereunder, Mr. Sameer Goel, (DIN:07298938) representing M/s Coromandel International Ltd., whowas appointed as a Director in casual vacancy by the Board ofDirectors at its meeting held on and whose term ofoffice expires at this ANNUAL general meeting and in respect ofwhich the Company has received notice under Section 160 ofthe Companies Act, 2013 proposing his candidature for the officeof Director, be and is hereby appointed as a Director of thecompany to represent the interest of nitrogenous and complexfertiliser manufacturers, liable to retire by rotation.

9 62nd FAI ANNUAL REPORT 2016 -178(v) To consider and, if thought fit, to pass, with or withoutmodification (s) the following Resolution as an OrdinaryResolution: RESOLVED that in pursuant to the provisions of Section 152and any other applicable provisions of Companies Act, 2013read with rule made thereunder, the term of Mr. Raju, (DIN:00008177) representing M/s Nagarjuna Fertilizers and ChemicalsLimited (NFCL), who was appointed as an Additional Directorby the Board of Directors at its meeting held on , whoseterm of office expires at this ANNUAL general meeting and inrespect of whom the Company has received notice under Section160 of the Companies Act, 2013 proposing his candidature forthe office of Director against the existing vacancy, be and ishereby appointed as a Director of the company to represent theinterest of nitrogenous and complex Fertiliser manufacturers, liableto retire by rotation. 6. Appointment of Directors against existing vacancies.

10 (i) To consider and, if thought fit, to pass, with or withoutmodification(s) the following Resolution as an OrdinaryResolution: RESOLVED that in pursuant to the provisions of Section 152and any other applicable provisions of Companies Act, 2013read with rule made thereunder, Mr. , (DIN: 00128204)representing M/s Smartchem Technologies Limited, (A fullyowned subsidiary of DFPCL) in respect of whom the Companyhas received notice under Section 160 of the Companies Act,2013 proposing his candidature for the office of Director againstthe existing vacancy, be and is hereby appointed as a Director ofthe company to represent the interest of western region, liableto retire by rotation. (ii) To consider and, if thought fit, to pass, with or withoutmodification(s) the following Resolution as an OrdinaryResolution: RESOLVED that in pursuant to the provisions of Section 152and any other applicable provisions of Companies Act, 2013read with rule made thereunder, Mr.