1 VIDEOCON INDUSTRIES LIMITED . annual report 2013 . PDF processed with CutePDF evaluation edition VIDEOCON INDUSTRIES LIMITED . BOARD OF DIRECTORS REGISTERED OFFICE. Venugopal N. Dhoot Chairman & Managing Director 14 Stone, Aurangabad-Paithan Road, Village: Chittegaon, Taluka: Paithan, S. Padmanabhan Independent Director Dist.: Aurangabad 431 105 (Maharashtra). Maj Gen. S. C. N. Jatar Independent Director Radhey Shyam Agarwal Independent Director MANUFACTURING FACILITIES. Anil G. Joshi Independent Director 14 Stone, Aurangabad-Paithan Road, B. Ravindranath Nominee- IDBI Bank LIMITED Village: Chittegaon, Taluka: Paithan, Dist.: Aurangabad - 431 105 (Maharashtra). Village: Chavaj, Via Society Area, Taluka & Dist.
2 : Bharuch - 392 002 (Gujarat). AUDITORS. 9LJ\DQ 1 DJDU ,QGXVWULDO $UHD 2SS 5,,&2 2I FH . KHANDELWAL JAIN & CO. Shahjahanpur, Dist.: Alwar - 301 706 (Rajasthan). Chartered Accountants 12-B, Baldota Bhavan, 117, Maharshi Karve Road, BANKERS. Opp. Churchgate Railway Station, Mumbai 400 020 Allahabad Bank LIC of India Andhra Bank Punjab National Bank Bank of Baroda State Bank of Bikaner & Jaipur KADAM & CO. Bank of India State Bank of Hyderabad Chartered Accountants Bank of Maharashtra State Bank of India Vedant , 8/9, Viraj Estate, Canara Bank State Bank of Mysore Opp. Tarakpur Bus Stand, Central Bank of India State Bank of Patiala Ahmednagar- 414 003. Corporation Bank State Bank of Travancore Dena Bank Syndicate Bank ICICI Bank LIMITED The Federal Bank LIMITED IDBI Bank LIMITED UCO Bank IFCI LIMITED Union Bank of India COMPANY SECRETARY.
3 Indian Bank United Bank of India Vinod Kumar Bohra Indian Overseas Bank Vijaya Bank CONTENTS. Notice .. 1. Directors' 5. Corporate Governance report .. 14. Management Discussion and Analysis report .. 26. Auditors' report .. 31. Balance Sheet .. 34. 6 WDWHPHQW RI 3UR W DQG /RVV .. 35. Cash Flow Statement .. 36. Notes forming part of the Financial Statements .. 37. Consolidated Financial Statements .. 53. Financial Information of Subsidiary Companies .. 77. NOTICE. NOTICE is hereby given that the Twenty-Fourth annual General law), which the Board be and is hereby authorised to accept, Meeting of the Members of VIDEOCON INDUSTRIES LIMITED LI LW WKLQNV W LQ WKH LQWHUHVW RI WKH &RPSDQ\ WKH FRQVHQW RI WKH.
4 (the Company ) will be held on Saturday, 28th December, 2013 Company be and is hereby accorded to the Board to create, DW WKH 5 HJLVWHUHG 2I FH RI WKH &RPSDQ\ DW . 0 6 WRQH LVVXH RIIHU DQG DOORW HTXLW\ VKDUHV DQG RU RWKHU HTXLW\ OLQNHG . Aurangabad - Paithan Road, Village: Chittegaon, Taluka: Paithan, RU FRQYHUWLEOH QDQFLDO LQVWUXPHQWV 2),V LQ RQH RU PRUH . 'LVW $XUDQJDEDG 0 DKDUDVKWUD DW D P WR WUDQVDFW tranches, whether denominated in Indian rupee or foreign the following business: currency(ies), in the course of international and/or domestic offering(s) in one or more foreign market(s), for an amount ORDINARY BUSINESS QRW H[FHHGLQJ ` &URUHV 5 XSHHV )LYH 7 KRXVDQG &URUHV.]
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6 Foreign Currency Convertible Bonds ( FCCBs ) being either 7R DSSRLQW D GLUHFWRU LQ SODFH RI 0U $QLO * -RVKL ZKR UHWLUHV E\ with or without detachable warrants attached thereto entitling URWDWLRQ DQG EHLQJ HOLJLEOH RIIHUV KLPVHOI IRU UH DSSRLQWPHQW WKH ZDUUDQW KROGHU WR DSSO\ IRU (TXLW\ 6 KDUHV LQVWUXPHQWV . RU VHFXULWLHV LQFOXGLQJ *'5V DQG $'5V UHSUHVHQWLQJ HTXLW\ . 7R DSSRLQW D GLUHFWRU LQ SODFH RI 0U 6 3 DGPDQDEKDQ ZKR shares (hereinafter collectively referred to as the Securities ). retires by rotation and, being eligible, offers himself for re- RU DQ\ FRPELQDWLRQ RI (TXLW\ 6 KDUHV ZLWK RU ZLWKRXW SUHPLXP . DSSRLQWPHQW to be subscribed to in Indian and/or any foreign currency(ies) by 7R DSSRLQW $XGLWRUV DQG WR [ WKHLU UHPXQHUDWLRQ DQG LQ WKLV resident or non-resident/foreign investors (whether institutions UHJDUG WR FRQVLGHU DQG LI WKRXJKW W WR SDVV ZLWK RU ZLWKRXW and/or incorporated bodies and/or individuals and/or trusts PRGL FDWLRQ V WKH IROORZLQJ UHVROXWLRQ DV DQ 2 UGLQDU\ and/or otherwise)/Foreign Institutional Investors ( FIIs )/Mutual Resolution: Funds/Pension Funds/ Venture Capital Funds/ Banks and such other persons or entities, whether or not such investors RESOLVED THAT 0 V.))]
7 KDQGHOZDO -DLQ &R &KDUWHUHG are members of the Company, to all or any of them, jointly $FFRXQWDQWV )LUP 5 HJLVWUDWLRQ 1R : DQG 0 V or severally through prospectus, offer document and/or other .DGDP &R &KDUWHUHG $FFRXQWDQWV )LUP 5 HJLVWUDWLRQ letter, placement document or circular ( Offer Document ). 1R : EH DQG DUH KHUHE\ DSSRLQWHG DV $XGLWRUV RI and/or on private placement basis, from time to time in one or WKH &RPSDQ\ WR KROG RI FH IURP WKH FRQFOXVLRQ RI WKLV $QQXDO more tranches as may be deemed appropriate by the Board *HQHUDO 0 HHWLQJ XQWLO WKH FRQFOXVLRQ RI WKH QH[W $QQXDO and such issue and allotment to be made on such occasion General Meeting of the Company on such remuneration as or occasions, at such value or values.]
8 At a discount or at a VKDOO EH [HG E\ WKH %RDUG RI 'LUHFWRUV premium to the market price prevailing at the time of the issue and in such form and manner and on such terms and conditions SPECIAL BUSINESS RU VXFK PRGL FDWLRQV WKHUHWR DV WKH %RDUG PD\ GHWHUPLQH LQ . 7R FRQVLGHU DQG LI WKRXJKW W WR SDVV ZLWK RU ZLWKRXW PRGL FDWLRQ FRQVXOWDWLRQ ZLWK WKH /HDG 0 DQDJHU V DQG RU 8 QGHUZULWHUV . the following resolution as a Special Resolution: and/or other Advisors, with authority to retain oversubscription upto such percentage as may be permitted by the Appropriate RESOLVED THAT pursuant to the provisions of Section Authorities, with or without voting rights in general meetings/.]
9 81(1A) and other applicable provisions, if any, of the Companies class meetings, at such price or prices, at such interest or $FW LQFOXGLQJ DQ\ DPHQGPHQW WKHUHWR RU UH HQDFWPHQW additional interest, at a discount or at a premium on the market WKHUHRI WKH )RUHLJQ ([FKDQJH 0 DQDJHPHQW $FW WKH price or prices and in such form and manner and on such terms Issue of Foreign Currency Convertible Bonds and Ordinary DQG FRQGLWLRQV RU VXFK PRGL FDWLRQV WKHUHWR LQFOXGLQJ WKH . Shares (Through Depository Receipt Mechanism) Scheme, number of Securities to be issued, face value, rate of interest, WKH QRWL FDWLRQV LVVXHG E\ WKH 5 HVHUYH %DQN RI ,QGLD redemption period, manner of redemption, amount of premium ( RBI ) and other applicable laws, listing agreements entered RQ UHGHPSWLRQ SUHSD\PHQW QXPEHU RI IXUWKHU HTXLW\ VKDUHV.]
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