Company’s
Philosophy on Corporate Governance
The Company is committed to high ethical
values and to sustain and enhance leadership through
excellence in tea manufacturing by operating
in a socially responsible manner. The Company believes
that good corporate governance is to ensure transparency
in the functioning of Board, in all its dealings with
the people working with it at all levels and with all
its stakeholders. Your Company also believes
in encouraging active involvement of all employees in
improvement and innovation in all spheres
of management. |
|
Board
of Directors
 |
Mrs.
Shirin Paul - Chairperson |
|
Mr.
Jit Paul |
|
Mr.
Karan Paul |
|
Mr. S.
Parthasarathy |
|
Mr.
G. Momen |
|
Mr.
Om Kaul |
|
Mr.
D. Mandal |
|
Mr.
D. Atal - Managing Director |
|
Mr.
A. K. Bhargava - Executive Director |
|
Mr.
Wilson Browne - Whole-time Director |
|
Ms. Shampa Ghosh Ray - Company Secretary |
|
General
Body Meetings
Year |
Date
|
Location |
Time |
2002-2003 |
21st August 2003 |
Registered
Office at
Talap - 786156,
Tinsukia, Assam |
10.00
AM |
2003-2004 |
7th September 2004 |
Do |
10.00
AM |
2004-2005 |
30th August 2005 |
Do |
3.00
PM |
| 2005-2006 |
20 th December 2006 |
Do |
3.00 PM |
|
General Shareholder
Information:
i) Annual General Meeting:
Date:
28th September 2007
Time: 3.00
PM. Venue: Regd. Office at Talap, Assam.
ii) Financial Year: 1st April to 31st March
iii) Date of Book closure : 14 th September 2007 to 28th September 2007 (both days inclusive)
|
| Iv) Listing on
Stock Exchanges and Stock Code: |
Stock
Exchanges |
Stock
Code |
| 1. |
Bombay Stock Exchange Limited
Phiroze Jeejeebhoy Towers, Dalal Street, Fort,
Mumbai – 400 001 |
508134 |
| 2. |
The
Calcutta Stock Exchange Association Limited
7, Lyons Range, Kolkata – 700 001 |
11043 |
v)
Demat ISIN Numbers:
National Securities Depository
Ltd. - INE 417A01018
Central Depository Services
Ltd. - INE 417A01018 |
|
vi) |
Registrar and Share Transfer Agent:
(For both physical & dematerialised Securities)
C B Management Services (P) Ltd
Unit: Apeejay Tea Limited
P-22 Bondel Road,
Kolkata-700 019
Phone: 2280-6692-93/2486/2937
Fax: 2287 0263
E-mail: cbmsl1@cal2.vsnl.net.in
|
|
|
| vii) |
A)
Distribution of Shareholding pattern as on March 31, 2007 |
Group
of Shares |
No.
of Shareholders |
% |
No
of Equity Shares |
%
of Shareholding |
1 - 500 |
5787 |
94.07 |
658904
|
10.98 |
501
- 1000 |
183 |
2.98 |
148847
|
2.48 |
1001
- 2000 |
95 |
1.55 |
142289
|
2.37 |
2001
- 3000 |
37 |
0.61 |
96219 |
1.60 |
3001
- 4000 |
18 |
0.29 |
65219 |
1.09 |
4001-
5000 |
7 |
0.11 |
30526 |
0.51 |
5001
-10000 |
17 |
0.27 |
128737 |
2.14 |
10001
& 50000 |
6 |
0.09 |
128745 |
2.15 |
50001 & above |
2 |
0.03 |
4600514
|
76.68 |
TOTAL |
6152 |
100.00 |
6000000 |
100.00 |
|
| |
B) Shareholding Pattern as on March 31, 2007: |
| Category |
No.
of shares held |
Percentage
of
shareholding |
| |
1. Promoters |
|
|
| |
—
Indian Promoters |
16450 |
0.27 |
| |
—
Foreign Promoters |
4440000 |
74.00 |
|
| |
Sub
– total |
4456450 |
74.27 |
|
| |
2. Institutions |
|
|
| |
a)
Mutual Funds and UTI |
700 |
0.01 |
| |
b) Banks,
Financial Institutions,
Insurance Companies (Central/State
Govt. Institutions
/Non-government Institutions) |
27685 |
0.46 |
|
| |
Sub
– total |
28385 |
0.47 |
|
| |
3. Non Institutions |
|
|
| |
a)
Private Corporate Bodies |
299428 |
4.99 |
| |
b)
Indian Public |
1206942 |
20.11 |
| |
c)
NRIs / OCBs |
8795 |
0.16 |
|
| |
Sub
– total |
1515165 |
25.26 |
|
|
|
GRAND
TOTAL |
6000000 |
100.00 |
|
viii) Address for correspondence:
Registrar & Share Transfer
Agents – Given against (vi)
Corporate Office: APEEJAY
HOUSE
15, Park Street, Kolkata
– 700 016
Phone: 2229 5455 to 58
Fax: 2217 2050
e-mail:
apjtea@apeejaygroup.com
|
|
| |
ix) Market Price Data for the year 2006-2007
Month |
BSE |
|
High (Rs) |
Low (Rs) |
April, 06 |
129.50 |
111.50 |
May,06 |
147.00 |
103.60 |
June,06 |
114.50 |
77.00 |
July,06 |
92.15 |
74.50 |
August,06 |
99.00 |
76.20 |
September,06 |
100.75 |
86.00 |
October,06 |
95.00 |
85.50 |
November,06 |
97.80 |
86.00 |
December,06 |
98.80 |
78.00 |
January, 07 |
108.00 |
82.10 |
February, 07 |
103 .65 |
66.10 |
March, 07 |
84.00 |
61.50 |
|
| |
Quarterly
Compliance Report on Corporate Governance
Name of the Company: AFT INDUSTRIES
LTD
Quarter Ending on: June 30, 2003
| Particulars |
Clause
of Listing Agreement |
Compliance
Status
(Yes / No ) |
Remarks |
1 |
2 |
3 |
4 |
| Board
of Directors |
49
I |
Yes |
Total
number of Directors – 9. Non Exe. Chairperson –
1
Non Exe. Ind. Director – 4
Non Exe. Non Ind. Directors – 2 Exe. Directors –
2.
Number of independent non executive directors are now
four. As intimated in our earlier report, Mr. Om Kaul,
a renowned Tea Consultant has been inducted as a non executive
Independent Director from 1st of April, 2003. |
| Audit
Committee |
49
II |
Yes |
During
the quarter Audit Committee meeting took place on June
12, 2003 to conduct businesses like approval of audited
accounts for 2002-03, appointment of auditors etc. Prior
to this Audit Committee meeting was held on February 3,
2003 to approve the unaudited result for the quarter ended
Dec 31, 2003. |
| Shareholders
/ Investors GrievanceCommittee |
49
VI(C) |
Yes |
During
the quarter shareholders grievance committee met on June
12, 2003. Prior to this Committee met on February 3, 2003.
|
| Remuneration
of Directors |
49
III |
Yes |
Any
remuneration payable to any Director of the Company is
always decided by the Board of Directors of the Company. |
| Board
Procedures |
49
IV |
Yes |
All
the procedures spelt out in 49IV are strictly complied
with and budgets and other major financial decisions are
approved by the Board. The Board is also appraised of
the quarterly performance of the Company in the Board
Meetings. |
| Management |
49
V |
Yes |
This
is being included in the Annual Report for the year ending
March 31, 2003 which is to be printed shortly |
| Shareholders |
49
VI |
Yes |
The
Company publishes quarterly results as per prescribed
format. All share transfers are approved by the Share
Transfer Committee.Prescribed particulars relating to
the newly inducted Directors will be intimated to the
share holders in the coming Annual Report for 2002-03. |
| Report
of Corporate Governance |
49
VII |
Yes |
Already
included in our Annual Report and the matter have been reported
in our previous quarterly report to you. |
For:
AFT Industries Ltd.
B.
DUTTA
Company Secretary |
11/07/03 |
Quarterly
Compliance Report on Corporate Governance
Name of the Company: AFT INDUSTRIES
LTD
Quarter Ending on: September 30, 2003
| Particulars |
Clause
of Listing Agreement |
Compliance
Status
(Yes / No ) |
Remarks |
1 |
2 |
3 |
4 |
| Board
of Directors |
49
I |
Yes |
|
| Audit
Committee |
49
II |
Yes |
|
| Shareholders
/ Investors Grievance Committee |
49
VI(C) |
Yes |
|
| Remuneration
of Directors |
49
III |
Yes |
|
| Board
Procedures |
49
IV |
Yes |
|
| Management |
49
V |
Yes |
|
| Shareholders |
49
VI |
Yes |
|
| Report
of Corporate Governance |
49
VII |
Yes |
Already
included in our Annual Report and the matter have been
reported in our previous quarterly report to you. |
For: AFT Industries
Ltd.
PRITI
SINGHANIA
Company Secretary 14/10/03
Quarterly
Compliance Report on Corporate Governance
Name of the Company: AFT INDUSTRIES
LTD
Quarter Ending on: December 31st,
2003 |
|
|
Particulars
|
Clause
of Listing Agreement |
Compliance
Status
(Yes / No ) |
Remarks
|
| 1
|
2
|
3
|
4
|
|
Board
of Directors |
49
I |
Yes
|
-
|
|
Audit
Committee |
49
II |
Yes
|
- |
|
Shareholders
/ Investors Grievance Committee |
49
VI(C) |
Yes
|
- |
|
Remuneration
of Directors |
49
III |
Yes
|
- |
|
Board
Procedures |
49
IV |
Yes
|
- |
|
Management
|
49
V |
Yes
|
- |
| Shareholders
|
49
VI |
Yes
|
- |
| Report
of Corporate Governance |
49
VII |
Yes
|
-
|
|
|
For:
AFT Industries Ltd.
PRITI
SINGHANIA
Company Secretary
09/01/04 |
|
|
Quarterly
Compliance Report on Corporate Governance
Name of the Company: AFT INDUSTRIES
LTD
Quarter Ending on: March 31st, 2004 |
|
|
Particulars
|
Clause
of Listing Agreement |
Compliance
Status
(Yes / No ) |
Remarks
|
| 1
|
2
|
3
|
4
|
|
Board
of Directors |
49
I |
Yes
|
-
|
|
Audit
Committee |
49
II |
Yes
|
- |
|
Shareholders
/ Investors Grievance Committee |
49
VI(C) |
Yes
|
- |
|
Remuneration
of Directors |
49
III |
Yes
|
- |
|
Board
Procedures |
49
IV |
Yes
|
- |
|
Management
|
49
V |
Yes
|
- |
| Shareholders
|
49
VI |
Yes
|
- |
| Report
of Corporate Governance |
49
VII |
Yes
|
-
|
|
|
For:
AFT Industries Ltd.
PRITI
SINGHANIA
Company Secretary
10/04/04 |
Quarterly
Compliance Report on Corporate Governance
Name of the Company: AFT
INDUSTRIES LTD
Quarter Ending on: June 30th,
2004 |
|
|
Particulars
|
Clause
of Listing Agreement |
Compliance
Status
(Yes / No ) |
Remarks
|
| 1
|
2
|
3
|
4
|
|
Board
of Directors |
49
I |
Yes
|
-
|
|
Audit
Committee |
49
II |
Yes
|
- |
|
Shareholders
/ Investors Grievance Committee
|
49
VI(C) |
Yes
|
-
|
|
Remuneration
of Directors |
49
III |
Yes
|
-
|
|
Board
Procedures |
49
IV |
Yes
|
- |
|
Management
|
49
V |
Yes
|
- |
| Shareholders
|
49
VI |
Yes
|
- |
| Report
of Corporate Governance |
49
VII |
Yes
|
-
|
|
|
For:
AFT Industries Ltd.
PRITI
SINGHANIA
Company Secretary & Manager - Legal
10/07/04 |
|
|
|
| |
