¥…π…™… - ∫…⁄S…“ - HLL Lifecare Limited

x…n‰∂…EÚ ®…∆b˜±… Board of Directors

+v™…I… EÚ… ¶……π…h… Chairman's Speech

+∆∂…v…… Æ˙™……Â EÚ…‰ ∫…⁄S…x…… Notice to Shareholders

x…n‰∂…EÚ…Â EÚ“ Æ˙……‰]«ı Directors’ Report

EÚ…Ï……ÊÆ‰]ı + ¶…∂……∫…x… …Æ˙ Æ˙……‰]«ı Report on Corporate Governance

|…§…∆v…x… EÚ“ S…S……« +…ËÆ˙ ¥…∂±…‰π…h… Management Discussionand Analysis

±…‰J………Æ˙“I…EÚ…Â EÚ“ Æ˙……‰]«ı Auditors' Report

¶……Æ˙i… E‰Ú x…™…∆j…EÚ B¥…∆ ®…Ω˛… ±…‰J………Æ˙“I…EÚ Comments of the Comptroller and

EÚ“ ]ı… h…™……ƒ Auditor General of India

¥…π…« 2011-2012 E‰Ú ±…B i…÷±…x…-…j… Balance Sheet and Statement of

i…l…… ±……¶…-Ω˛… x… ±…‰J…… EÚ… ¥…¥…Æ˙h… Profit & Loss for the year 2011-12

±…‰J…… EÚ…‰ ]ı… h…™……ƒ Notes to Accounts

¥…π…™… - ∫…⁄S…“CONTENTS

2 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

3Annual Report 2011-2012

∏…“ M…÷±……®… x…§…“ +…W……n˘Shri Ghulam Nabi Azad

∫…®®……x…x…“™… ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ∫…∆P… EËÚ §…x…]ı ®…∆j…“Hon'ble Union Cabinet Minister for Health & Family Welfare

4 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012


∏…“ +§…÷ Ω˛∫…“®… J……x… S……Ëv…Æ˙“Shri Abu Hasem Khan Chowdhury

∫…®®……x…x…“™… ∫¥……∫l™… +…ËÆ˙ … Æ˙¥……Æ˙ EÚ±™……h… ∫…∆P… Æ˙…V™… ®…∆j…“Hon’ble Union Minister of State for Health & Family Welfare

6 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012


∏…“ B∫…. M……∆ v…∫…‰±¥…x…Shri S. Gandhiselvan

∫…®®……x…x…“™… ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ∫…∆P… Æ˙…V™…ı ®…∆j…“Hon'ble Union Minister of State for Health & Family Welfare

8 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

∏…“ …“.E‰Ú. |…v……x…Shri P.K. Pradhan

∫… S…¥… (∫¥……∫l™… +…ËÆ˙ … Æ˙¥……Æ˙ EÚ±™……h…)Secretary (H&FW)

∫¥……∫l™… +…ËÆ˙ … Æ˙¥……Æ˙ EÚ±™……h… ®…∆j……±…™…Ministry of Health & Family Welfare


x…n‰∂…EÚ ®…∆b˜±… Board of Directors

b˜…Ï. B®…. +™™……x…Dr. M. Ayyappan

+v™…I… B¥…∆ |…§…∆v… x…n‰˘∂…EÚChairman & Managing Director

∏…“ E‰Ú.E‰Ú. ∫…÷Æ‰˙∂… E÷Ú®……Æ˙Shri K.K. Suresh Kumar

x…n‰˘∂…EÚ ( ¥……h…x…)Director (Marketing)

∏…“ Æ˙…E‰Ú∂… |…∫……n˘ J…hb‰±…¥……±…Shri Rakesh Prasad Khandelwal

x…n‰˘∂…EÚ ( ¥…k…)Director (Finance)

∏…“ B∫….E‰Ú. Æ˙…=Shri S.K. Rao

∫…∆™…÷HÚ ∫… S…¥…, ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ®…∆j……±…™…,¶……Æ˙i… ∫…Æ˙EÚ…Æ˙

Joint Secretary, Ministry of Health & Family Welfare,Government of India

∏…“ Æ˙…V…“¥… i…G÷ÚShri Rajiv Takru

+…Æ˙ ∫… S…¥… & B°Ú.B, ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ®…∆j……±…™…,¶……Æ˙i… ∫…Æ˙EÚ…Æ

Addl. Secretary & F.A, Ministry of Health & Family Welfare,Government of India

b˜…Ï. +…Æ˙i…“ ¥…V…Dr. Aarti Vij

M…ËÆ˙-∫…Æ˙EÚ…Æ˙“ +∆∂…EÚ… ±…EÚ x…n‰˘∂…EÚNon-Official Part-time Director

∏…“ ∫…∆V…“¥… EÚ…⁄Æ˙Shri Sanjiv KapoorM…ËÆ˙-∫…Æ˙EÚ…Æ˙“ +∆∂…EÚ… ±…EÚ x…n‰˘∂…EÚNon-Official Part-time Director

10 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ∫…∆P… ®…∆j…“ ∏…“ M…÷±……®… x…§…“ +…W……n˘ 05 n˘∫…∆§…Æ˙ 2012 EÚ…‰∫…Ë EÚ±… §…“b¬∫…-M…¶…«v……Æ˙h… EÚ…‰ x…™…∆ j…i… EÚÆ˙x…‰ E‰Ú ±…B BEÚ ∫…Æ˙±… ¥… v…-E‰Ú ±……∆S… EÚÆ˙ Æ˙Ω‰Ω∆Ë* BS…B±…B±… E‰Ú +v™…I… B¥…∆ |…§…∆v… x…n‰∂…EÚ, b˜…Ï. B®…. +™™……x… ¶…“ n‰J… Æ˙Ω‰ ΩÈ*

Shri. Ghulam Nabi Azad, Union Minister for Health and Family Welfarelaunching Cycle Beads – A simple method to control conception - on 05th

December 2012. HLL C& MD Dr. M.Ayyappan is also seen.

¶……Æ˙i… E‰Ú ∫…®®……x…x…“™… Æ˙…π]≈ı… i… ∫…‰ Æ˙…V…¶……π…… EÚ…™……«x¥…™…x… E‰Ú ±…B Æ˙…π]≈ı“™… …÷Æ˙∫EÚ…Æ˙ Ω˛… ∫…±… EÚÆ˙i…‰ Ω÷˛B b˜…Ï.B®….+™™……x…, +v™…I…B¥…∆ |…§…∆v… x…n‰∂…EÚDr. M. Ayyappan, CMD receiving national award for implementation of Official Language from HonorablePresident of India on 14th September 2012.

∏…“ M…÷±……®… x…§…“ +…W……n˘, ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ∫…∆P… ®…∆j…“ 24 x…¥…∆§…Æ˙2012 EÚ…‰ §……n˘π…… M……∆¥…, Z…VV…Æ˙ V…±……, Ω ˛Æ˙™……h…… ®…Â |…™……‰M…∂……±…… +…ËÆ˙ °Ú…®…«∫…“ E‰Ú+…=]ıÆ˙“S… +…‰ …“ b˜“ EÚ…‰ +…Ë…S…… Æ˙EÚ ∞¸… ∫…‰ =n¬˘P……]ıx… EÚÆ˙i…‰ ΩÈ˛* <∫… +¥…∫…Æ˙ …Æ˙Ω˛ Æ˙™……h…… ®…÷J™…®…∆j…“, ∏…“ ¶…⁄…“xn˘Æ˙ À∫…Ω˛ Ω⁄˛b˜… +…ËÆ˙ BS…B±…B±… E‰Ú +v™…I… B¥…∆ |…§…∆v… x…n‰˘∂…EÚ, b˜…Ï. B®…. +™™……x… ¶…“ =…Œ∫l…i… l…‰*

Union Minister for Health and Family Welfare Shri Ghulam Nabi Azadformally inaugurating the laboratory and pharmacy of its OutreachOPD, at Badsha Village, Jhajjar district, Haryana on 24th November2012. Haryana Chief Minister Shri Bhupinder Singh Hooda and HLL C&MD Dr. M.Ayyappan were also present on the occasion.


BS…B±…B±… E‰Ú +v™…I… B¥…∆ |…§…∆v… x…n‰∂…EÚ,b˜…Ï. B®….+™™……x… 05 n˘∫…∆§…Æ˙ 2012EÚ…‰ n˘±±…“ ®…Â‰ ∏…“ M…÷±……®… x…§…“ +…W……n˘,∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ∫…∆P…®…∆j…“ EÚ…‰ Ø˚. 233.02 ±……J…˜ EÚ… ±……¶……∆∂…S…ËEÚ …‰∂… EÚÆ˙i…‰ Ω÷B*

HLL C&MD, Dr. M. Ayyappanpresenting Dividend cheque ofRs. 233.02 Lakhs to Shri.Ghulam Nabi Azad, UnionMinister for Health and FamilyWelfare at Delhi on 05th

November 2012.

∏…“ ∫…÷v…“… §…∆n˘…‰……v™……™…, ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ∫…∆P… Æ˙…V™… ®…∆j…“ 06°ÚÆ˙¥…Æ˙“ 2012 EÚ…‰ §……±…Æ˙…®……÷Æ˙®… ®…Â BS…B±…B±… E‰Ú x…B 51000 ∫EÚ.°Ú“. E‰ÚE∆Úb˜…‰®… E‰Ú ∫…‰EÂÚb˜Æ˙“ …ËÀEÚM… +…ËÆ˙ ¥…‰™…Æ˙Ω˛…=À∫…M… E‰Ú ±…B ∂…±……x™……∫… EÚÆ˙i…‰ ΩÈ*

Shri. Sudip Bandhopadhyay, Union Minister of State for Healthand Family Welfare laying foundation stone for HLL’s new 51000sq. ft. building for secondary packing and warehousing of Condomsat Balaramapuram on 6th February 2012.

∏…“ …“.E‰Ú.|…v……x…, ∫…∆P… ∫… S…¥…, ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ®…∆j……±…™… 13 ∫…i…∆§…Æ˙ 2012 EÚ…‰ EÚ…‰S…“ °ËÚC]ıÆ˙“, ∫…“B∫…<« <W…b˜, EÚ…CEÚx……c˜ ®…Â x…¥… x…Ã®…i…27000 ∫EÚ.°Ú“. §…Ω÷-i…±… ®…EÚ…x… E‰Ú =n¬P……]ıx… EÚÆ˙i…‰ ΩÈ*

Shri. P K Pradhan, Union Secretary, Ministry of Health & FamilyWelfare inaugurating the newly constructed 27000 sq. ft multi-storied building at the Kochi Factory at CSEZ, Kakkanad on13th September 2012.

12 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

b˜…Ï. …“.E‰Ú. ¥…… Æ˙™…Æ˙, |…§…∆v… x™……∫…“ +…ËÆ˙ ®…÷J™… S… EÚi∫…EÚ, EÚ…‰ ıCEÚ±…+…™…« ¥…Ët∂……±…… (B ¥…“ ∫…“) +…ËÆ˙ BS…B±…B±… E‰Ú +v™…I… B¥…∆ |…§…∆v… x…n‰˘∂…EÚ, b˜…Ï. B®…. +™™……x… Ω‰§…«∫… & §…‰ Æ˙∫… Ω‰˛™…Æ˙ +…Ï ™…±… +…ËÆ˙V……‰ ™…x]ı E‰Ú™…Æ˙ GÚ“®… BS…B±…B±… x…n‰∂…EÚ ( ¥……h…x…), ∏…“ E‰Ú.E‰Ú.∫…÷Æ‰∂…E÷Ú®……Æ˙ EÚ…‰ ∫……È…EÚÆ˙ ±……∆S… EÚÆ˙i…‰ ΩÈ*

Dr. P.K. Warrier, Managing Trustee and Chief Physicianof Kottakkal Arya Vaidya Sala (AVS) and HLL C&MD, Dr.Ayyappan launching Herbs & Berries Hair Oil and JointCare Cream by handing it over to HLL Director (Marketing),Shri K.K.Suresh Kumar.

b˜…Ï. B®…. +™™……x…, +v™…I… B¥…∆ |…§…∆v… x…n‰∂…EÚ 1 ®…<« 2012 EÚ…‰ ]ı“ +…< ∫…“ <«B±… §……™……‰……E«Ú, i……Æ˙…®… h…, S…‰z…Ë ®…Â Œ∫l…i… ∫…∆…⁄h…« ∫¥…… ®…i¥… ∫…®…x…÷π…∆M…“ E∆Ú…x…“ E‰Ú∞¸… ®…Â BS…B±…B±… u˘…Æ˙… |…¥…Ãi…i… ®…‰∫…‰∫…« BS…B±…B±… §……™……‰]‰ıEÚ ±… ®…]‰ıb˜ E‰ÚEÚ…Ï……ÊÆ‰˙]ı +…Ï°Ú“∫… E‰Ú =n¬P……]ıx… EÚÆ˙i…‰ ΩÈ*

Dr. M. Ayyappan, Chairman & Managing Director inaugurating theCorporate Office of M/s. HLL Biotech Ltd. (promoted by HLL as afully owned subsidiary company) situated at TICEL Biopark,Taramani, Chennai on 01st May 2012.

BS…B±…B±… E‰Ú +v™…I… B¥…∆ |…§…∆v… x…n‰∂…EÚ, b˜…Ï. B®…. +™™……x… EÚ…‰ 26 ®…<« 2012EÚ…‰ +…™……‰ V…i… ¶…¥™… ∫…®……Æ˙…‰Ω˛ ®…Â v…x…®… ¥™…¥…∫……™… … j…EÚ… u˘…Æ˙… ∫l…… …i… ¥…π…«2011-2012 E‰Ú ∏…‰π`ˆı ¥™……¥…∫…… ™…EÚ E‰Ú ∞¸… ®…Â …÷Æ˙∫EfiÚi… EÚÆi…… ΩË˛*

HLL C& MD, Dr. M. Ayyappan being awarded Outstanding BusinessProfessional of the Year 2011-2012 instituted by Dhanam BusinessMagazine at a grand function held on 26th May 2012.

b˜…Ï. B®…. +™™……x…, BS…B±…B±… E‰Ú +v™…I… B¥…∆ |…§…∆v… x…n‰˘∂…EÚ +…ËÆ˙ b˜…Ï.…⁄Ãh…®……∂…®……«, |…§…∆v… x…n‰˘∂…EÚÚ, §……™……‰]‰ıEÚ E∆Ú∫……‰Ã∂…™…®… <∆ b˜™…… ±… ®…]‰ıb˜ 5 x…¥…∆§…Æ˙ 2012EÚ…‰ ∏…“ …“.E‰Ú. |…v……x…, ∫…∆P… ∫… S…¥…, ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ®…∆j……±…™… +…ËÆ˙b˜…Ï B®….E‰Ú. ¶……x…, ∫… S…¥…-§……™……‰i…EÚx……Ï±…V…“ ¥…¶……M… EÚ“ =…Œ∫l… i… ®…Â À±…§…<∆®……‰§…±……<∫…‰∂…x… =……™… E‰Ú ¥… x…®……«h… E‰Ú ±…B BS…B±…B±… EÚ…‰ ±……<∫…Â∫b˜ i…EÚx…“EÚ“V……x…EÚ…Æ˙“ E‰Ú ±…B ∫…®…Z……Ëi…‰ …Æ˙ Ω˛∫i……I…Æ˙ EÚÆ˙i…‰ ΩÈ*

On 5th November 2012 Dr. M. Ayyappan, HLL C&MD and Dr. PurnimaSharma, Managing Director, Biotech Consortium India Ltd. signedan agreement by which BCIL has given licensed knowhow to HLL formanufacturing Limb Immobilization Device, in the presence ofShri. P.K. Pradhan, Secretary, Union Ministry of Health and FamilyWelfare and Dr. M.K. Bhan, Secretary - Department of Biotechnology.


b˜…Ï.B®….+™™……x…, +v™…I… B¥…∆ |…§…∆v… x…n‰˘∂…EÚ 16 +M…∫i… 2012 EÚ…‰+Ω˛®…n˘…§……n˘, M…÷V…Æ˙…i… ®…Â E∆Ú…x…“ E‰Ú x…B EÚ…™……«±…™… EÚ… =n¬˘P……]ıx…EÚÆ˙i…‰ ΩÈ*

Dr. M. Ayyappan, CMD inaugurating the new office ofthe Company at Ahmedabad, Gujarat on 16th August2012. ∏…“ +…Æ˙.…“. J…hb‰˜±…¥……±… 27 V…÷±……<« 2012 EÚ…‰ ¶……Æ˙i…“™… ±……M…i… ±…‰J……EÚ…Æ˙ ∫…∆∫l……x… ∫…‰

"…‰∂…‰ ®…Â =iEfiÚπ]ı ™……‰M…n˘…x…" B¥……b«˜ ∫¥…“EÚ…Æ˙ EÚÆ˙i…‰ ΩÈ˛*

Shri R.P. Khandelwal receiving “Outstanding contribution in profession” awardfrom The Institute of Cost Accountants of India (ICAI) on 27th July 2012.

BS…B±…B±… E‰Ú +x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫… |…¶……M… u˘…Æ˙… ¥…EÚ ∫…i… b˜∫…°ÚEÚ¬∂…x…±… ™…⁄]ıÆ˙“x… §±…“Àb˜M… (b˜“ ™…÷ §…“) E‰Ú ±……M…i… |…¶……¥…“|…§…∆v…x… E‰Ú ±…B 'B ®…±…“' - x…B <x]≈ı… ™…⁄]ıÆ˙“x… Ω˛…®……Êx…±… ∫…∫]ı®…(+…<« ™…÷ B∫…) x…‰ 18 +H⁄Ú§…Æ˙ 2012 EÚ…‰ §…ÈM…±…⁄Æ˙ ®…Â +…™……‰ V…i…BEÚ ∫…®……Æ˙…‰Ω˛ ®…Â ±……∆S… EÚ™…… ΩË*

“Emily” - the new Intra Uterine hormonal System(IUS) for the cost effective management ofDysfunctional Uterine Bleeding (DUB) developed byHLL R & D Division being launched at a functionorganized in Bangalore on 18th October 2012.

b˜…Ï. B®….+™™……x…, +v™…I… B¥…∆ |…§…∆v… x…n‰∂…EÚ 10 V…÷±……<« 2012 EÚ…‰ E∆Úb˜…‰®…=i……n˘x… I…®…i…… |… i… ¥…π…« 1186 ∫…‰ 1246n˘∂…±…I… +n˘n˘ i…EÚ §…g¯…x…‰ EÚ“ +…‰Æ …‰∞¸ÆEÚc˜…™…⁄ x…]ı ®…Â EÚ®…“∂…xb˜ n˘…‰ x…B ®……‰œ±b˜M… ®…∂…“x……‰∆E‰Ú Œ∫¥…S… +…Ïx… EÚÆ˙i…‰ ΩÈ*

Dr. M. Ayyappan, C & MD switcheson the two new moulding machinescommissioned at Peroorkada unitenhancing Condom productioncapacity from 1186 to 1246 millionpieces per annum on 10th July 2012.

14 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

nfiŒπ]ıEÚ…‰h…˘/ n˘…Ëi™… i…l…… =q‰˘∂™…

+…n˘∂…«-¥……C™…

∫¥…∫l… …“ g¯¯™……Â E‰Ú ±…B x…¥……x¥…‰π…h…

nfiŒπ]ıEÚ…‰h…˘

x…Æ∆˙i…Æ˙ x…¥……S……Æ˙ E‰Ú W… Æ˙B ∫…∫i…“ B¥…∆ M…÷h…¥…k……¥……±…‰ ∫¥……∫l™… Æ˙I…… ∫…®……v……x… |…n˘…x… EÚÆ˙E‰Ú ∫…®… ¥…Œπ]ı …Æ˙ ∫…∆EÂÚ p˘i… ¥…∑…∫i…Æ˙“™… ∫…®®…… x…i…∫…∆M…`ˆx… §…x… V……x……*

n˘…Ëi™…

EÚ…Ï……ÊÆ‰]ı o˘Œπ]ıEÚ…‰h… …⁄Æ˙… EÚÆ˙x…‰ EÚ“ +…‰Æ˙, BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜ x…‰ x…®x… ±… J…i… n˘…Ëi™… =Œ±±… J…i… EÚ™…… ΩË V……‰ ……ƒS… |…®…÷J… I…‰j……Â…Æ˙ ∫…∆EÂÚ p˘i… ΩÈ :

• +∆i…Æ˙…«π]≈ı“™… ®……x…EÚ …⁄Æ˙… EÚÆ˙x…‰ ¥……±…‰ M…÷h…¥…k……¥……±…‰ =i……n˘ +…ËÆ˙ ∫…‰¥……Bƒ |…n˘…x… EÚÆ˙x……*

• =k…®… |……Ët…‰ M… EÚ™……Â +…ËÆ˙ …r˘ i…™……Â EÚ…‰ +…x……x…‰ ∫…‰ x…Æ∆˙i…Æ˙ ∫…÷v……Æ˙ E‰Ú u˘…Æ˙… =iEfiÚπ]ıi……*

• x…¥……S……Æ˙, +x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫…, ±……M…i… |…§…∆v…x… +…ËÆ˙ =…¶……‰HÚ… Æ˙I…… E‰Ú u˘…Æ˙… =…¶……‰HÚ… J…÷∂…“ +…ËÆ˙ ®…⁄±™… ∫…fiV…x…*

• S…÷x……Ëi…“…⁄h…« ¥™…¥…∫……™… ¥……i……¥…Æ˙h… EÚ“ +…¥…∂™…EÚi……+…Â EÚ“ …⁄Ãi… E‰Ú ±…B ®……x…¥… ∫…∆∫……v…x… ¥…EÚ…∫… …Æ˙ EÂÚ p˘i… EÚÆ˙x……*

• EÚ…Ï……ÊÆ‰]ı |…∂……∫…x… +…ËÆ˙ EÚ…Ï……ÊÆ‰]ı ∫……®…… V…EÚ =k…Æ˙n˘… ™…i¥… E‰Ú =SS…i…®… ®……x…EÚ §…x……B Æ˙J…x…‰ E‰Ú u˘…Æ˙… ∫……®…… V…EÚ ∞¸… ∫…‰ |… i…§…r˘EÚ…Ï……ÊÆ‰˙]ı §…x… V……x……*

• Ω˛Æ‰˙ …Ω˛±… +…ËÆ˙ v……Æ˙h…“™… ¥…EÚ…∫… E‰Ú ∫…∆¥…v…«x… E‰Ú W… Æ˙B …fil¥…“ ®……ƒ +…ËÆ˙ ¶… ¥…π™… …“ f¯™……Â EÚ“ ¶…±……<« E‰Ú ±…B |… i…§…r˘ Æ˙Ω˛x……*

=q‰∂™…

• =SS… M…÷h…¥…k…… ±……M…i… |… i…™……‰M…“ E‰Ú ∫……l… |…S……±…x… EÚ“ i¥… Æ˙i… ¥…fi r˘ +…ËÆ˙ M±……‰§…±… ∫i…Æ˙ Ω˛… ∫…±… EÚÆ˙E‰Ú Ω˛Æ˙ BEÚ ®…÷J™… =i……n˘∏…‰h…“ ®…Â ®…÷J™… i…“x… E‰Ú §…“S… ®…Â Æ˙Ω˛x……*

• +x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫… …Ω˛±……Â E‰Ú W… Æ˙B ±…M……i……Æ˙ x…¥……x¥…‰π…h… EÚ“ ∫…∆∫EfiÚ i… §…x……x……*

• 90% ∫…‰ + v…EÚ EÚ®…«S……Æ˙“ ∫…∆i…÷Œπ]ı ∫i…Æ˙ E‰Ú ∫……l… ¶……Æ˙i… ®…Â ¥…EÚ±… E‰Ú x…™……‰HÚ… §…x……x…‰ E‰Ú ±…B |…™……∫… EÚÆ˙x……*

• ∫…®……V… EÚ…‰ |… i…§…r˘i…… E‰Ú ∫……l… …÷x…Ø˚i……n˘x… B¥…∆ ®… Ω˛±…… ∫¥……∫l™… Æ˙I…… E‰Ú I…‰j… ®…Â +O…h…“ ∫……®…… V…EÚ ∫…∆M…`ˆx… E‰Ú ∞¸… ®…Â …Ω˛S……x…±…‰x…… - <x… J…∆b˜…Â ®…Â ∫…¶…“ ∫…Æ˙EÚ…Æ˙“ B¥…∆ §…Ω÷ ……∑…« …Ω˛±……Â EÚ…‰ EÚ…™……«Œx¥…i… EÚÆ˙x…‰ E‰Ú ±…B ¥…EÚ±… E‰Ú ∫……Z…‰n˘…Æ˙ §…x…x…‰ E‰Ú u˘…Æ˙…E∆Ú…x…“ +…x…… o˘Œπ]ıEÚ…‰h…/n˘…Ëi™… …⁄Æ˙… EÚÆ˙x…‰ EÚ… |…™……∫… EÚÆ‰˙M…“*


VISION/MISSION & OBJECTIVES

MOTTO

Innovating for Healthy Generations

VISION

To be a globally respected organisation, focusing on inclusiveness by providing affordable and quality healthcaresolutions through continuous innovation.

MISSION

To accomplish the Corporate Vision, HLL Lifecare Ltd has outlined following Mission which focus on five keyareas:

• Provide quality products and services meeting international standards.

• Excellence through continual improvement by adoption of best technologies and practices.

• Customer delight and value creation through innovation, Research & Development, costmanagement and customer care.

• Focusing on human resource development to meet the needs of challenging business environment.

• Be a socially committed corporate by maintaining highest standards of corporate governance andcorporate social responsibility.

• Committed to the well being of mother earth and future generations through green initiatives andpromotion of sustainable development.

OBJECTIVES

The company will strive to fulfill its vision/mission by

• Attaining rapid growth and global levels of operations with high quality cost competitiveness and beamong the top three players in each main product category.

• Create a culture of continuous innovation through Research & Development initiatives.

• Strive to be the employer of choice in India with employee satisfaction levels of over 90%.

• Be recognized as the leading social organization in the field of Reproductive and Women's Healthcarewith commitment to the society - a partner of choice for implementing all Government and multi-lateral initiatives in these segments.

16 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

M…÷h…¥…k…… x…“ i…

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜ |… i…§…r˘ ΩË :

• ±……‰M……Â EÚ…‰ ∫¥…∫l… B¥…∆ ∫…÷J…“ V…“¥…x… ∫…®…l…« EÚÆ˙x…‰, ∫¥……∫l™… Æ˙I…… ®…Â +∆i…Æ˙…«π]≈ı“™… ®……x…EÚ E‰Ú +x…÷∞¸… =i……n˘ B¥…∆ ∫…‰¥……B∆ |…n˘…x… EÚÆ˙x……*• ∫…¶…“ I…‰j……Â ®…Â =k…®… |……Ët…‰ M…EÚ“ +…ËÆ˙ …r˘ i…™……ƒ +…x……x…‰ u˘…Æ˙… ±…M……i……Æ˙ =z… i… E‰Ú W… Æ˙B ∫…∆M…`ˆx……i®…EÚ ∏…‰π`ˆi…… =…±…§v… EÚÆ˙x……*• x…¥……x¥…‰π…h…, M…÷h…¥…k…… i…l…… +x…÷∫…∆v……x… ¥… ¥…EÚ…∫…, ±……M…i… |…§…∆v…x… i…l…… O……Ω˛EÚ ∫…∆§…∆v… |…§…∆v…x… …Æ˙ °Ú…‰EÚ∫… EÚÆ˙E‰Ú O……Ω˛EÚ…Â E‰Ú ±…B

∫……¥…«¶……Ë ®…EÚ i……ËÆ˙ …Æ˙ n‰˘x…‰ ¥……±…‰ =SS… ®…⁄±™…¥……±…‰ =i……n˘ ¥… ∫…‰¥……Bƒ ¥……h…x… EÚÆ˙x……*• ∫……®…⁄ Ω˛EÚ + ¶…∂……∫…x… i…l…… ∫……®…⁄ Ω˛EÚ ∫……®…… V…EÚ n˘… ™…i¥… ∫…‰ ™…÷HÚ =SS…i…®… ®……x…EÚ…Â EÚ…‰ …⁄Æ˙… EÚÆ˙x…‰¥……±…‰ ∫…∆M…`ˆx… §…x…x……*

∫…÷Æ˙I……, ∫¥……∫l™… B¥…∆ …™……«¥…Æ˙h… x…“ i…

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜ x…®x… ±… J…i… E‰Ú W… Æ˙B …™……«¥…Æ˙h… E‰Ú ∫…∆Æ˙I…h… EÚÆ˙x…‰, ¥™……¥…∫…… ™…EÚ V……‰ J…®……Â EÚ…‰ n⁄Æ˙ EÚÆ˙x…‰ +…ËÆ˙EÚ®…«S…… Æ˙™……Â +…ËÆ˙ =… ∫…∆ ¥…n˘…EÚ…Æ˙…Â EÚ“ ∫…÷Æ˙I…… ∫…÷ x…Œ∂S…i… EÚÆ˙x…‰ E‰Ú ±…B |… i…§…r˘ ΩË&

• +x…¥…Æ˙i… +…v……Æ˙ …Æ˙ <∫…E‰Ú EÚ…™…«EÚ±…………Â, =i……n˘…Â +…ËÆ˙ ∫…‰¥……+…Â E‰Ú |…¶……¥… EÚ… +x…÷¥…“I…h… B¥…∆ x…™…∆j…h… EÚÆ˙x……*• =…™…÷HÚ ¥… v…EÚ B¥…∆ +x™… +…‰I……+…Â EÚ… +x…÷……±…x… EÚÆ˙x……*• ∫……®…… V…EÚ V…¥……§…n‰˘Ω˛“ …Æ˙ W……‰Æ˙ n‰˘EÚÆ˙ ∫…÷Æ˙ I…i… |…S……±…x… |…l……+…Â EÚ…‰ +…x……x……*• EÚ®…«S……Æ˙“ |… ∂…I…h… +…ËÆ˙ =x…E‰Ú O…∫i…i…… ∫…÷∫……v™… §…x……x……*• =ii…®… …r˘ i…™……ƒ +…x……x…‰ u˘…Æ˙… |…n⁄˘π…h… EÚ®… EÚÆ˙x……*• ®……±…, >V……« ∫…∆Æ˙ I…i… Æ˙J…x…… +…ËÆ˙ Æ˙ q˘™……Â EÚ…‰ ∫j……‰i… …Æ˙ EÚ®… EÚÆ˙x…… +…ËÆ˙ x…¥…“EÚÆ˙h…“™… >V……« ∫j……‰i……Â E‰Ú |…™……‰M… §…f¯…x……*• ∫…÷Æ˙I……, ∫¥……∫l™… B¥…∆ …™……«¥…Æ˙h… |…§…∆v…x… |…h……±…“ EÚ“ +…¥… v…EÚ ∫…®…“I……*

|…™……‰M…∂……±…… M…÷h…¥…k…… x…“ i…

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜ |… i…§…r˘ ΩË :

• Æ˙…π]≈ı“™…/+∆i…Æ˙…«π]≈ı“™… ®……x…EÚ…Â EÚ“ V……ƒS… |…h……±…“ EÚ… +x…÷……±…x… EÚÆ˙E‰Ú i…l…… +SU‰Ù ¥™……¥…∫…… ™…EÚ +…S…Æ˙h……Â E‰Ú |…™……‰M… u˘…Æ˙… ¥…∑…∫…x…“™…,∫…÷∫…∆M…i… i…l…… +x…÷®……M…«h…“™… V……ƒS… … Æ˙h……®… ∫…÷ x…Œ∂S…i… EÚÆ˙x…… *

• M…÷h…¥…k…… |…S……±…x… ®…Â ∫…Œ®®… ±…i… ∫…¶…“ EÚ…Ã®…EÚ…Â EÚ…‰ +…<« B∫… +…‰ 17025 : 2005 E‰Ú +x…÷∞¸… |…§…∆v…x… |…h……±…“ EÚ“ x…“ i…™……Â +…ËÆ˙EÚ…™…« ¥… v…™……Â E‰Ú ∫……l… ∫…÷… Æ˙ S…i… §…x……x……, ∫…÷ x…Œ∂S…i… EÚÆ˙x…… i…l…… =∫…EÚ…‰ =x…E‰Ú EÚ…™…« ®…Â EÚ…™……«Œx¥…i… EÚÆ˙x……*

• |…§…∆v…x… |…h……±…“ E‰Ú |…¶…… ¥…i…… x…Æ∆˙i…Æ˙ ∫…÷v……Æ˙x…… *


HLL Lifecare Limited is committed to:

• Ensure reliable, consistent and traceable results of testing by using test methods complying to national

/ international standards and by following good professional practices.

• Ensure that all personnel involved in the testing operations familiarize with the policies and proceduresof the management system conforming to ISO 17025 : 2005 and implement the same in their works.

• Continually improve the effectiveness of the management system.

HLL Lifecare Limited is committed to protect environment, eliminate occupational hazards and ensuresafety of employees & subcontractors through:

• Monitoring and control of the impact of its activities, products and services on a continual basis;

• Compliance of applicable legal and other requirements;

• Adopting safe operating practices with an emphasis on social accountability.

• Facilitating employee training and their involvement;

• Pollution mitigation through adoption of best practices;

• Conserving materials, energy and reducing waste at source, and/ encouraging usage of renewableenergy sources;

• Periodic review of safety, health and environment management system.

SHE POLICY

LAB QUALITY POLICY

HLL Lifecare Limited is committed to:

• Provide products and services, conforming to international standards in healthcare, enabling peoplelead healthy and happy lives

• Achieve organisational excellence through continual improvement by adoption of best technologiesand practices in all areas

• Market products and services globally delivering highest value for customers through focus on innovation,quality, R&D, cost management and customer relationship management

• Be an organisation meeting highest standards in Corporate Governance and Corporate SocialResponsibility

QUALITY POLICY

18 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

|…™… +∆∂…v…… Æ˙™……‰,

™…Ω˛ +……E‰Ú ∫……l… §……ƒ]ıx…‰ ®…Â ®…÷Z…‰ §…Ω÷i… J…÷∂…“ ΩË EÚ ¥…π…« 2011-12, BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜ u˘…Æ˙… +…ËÆ˙ BEÚ |…¶……¥…∂……±…“ x…π……n˘x…E‰Ú ¥…π…« §…x……™…… M…™…… ΩË˛*

¥…π…« 2011-12 E‰Ú n˘…ËÆ˙…x… E∆Ú…x…“ E‰Ú E÷Ú±… Æ˙…V…∫¥… …UÙ±…‰ ¥…π…« E‰Ú Ø˚.541.19 EÚÆ˙…‰b˜ ∫…‰ Ø˚. 618.93 EÚÆ˙…‰b i…EÚ 14.36% EÚ“ ¥…fi r˘˜ EÚ“ΩË* EÚÆ˙ E‰Ú §……n˘ x…¥…±… ±……¶… ¥…π…« 2010-11 E‰Ú Ø˚.18.43 EÚÆ˙…‰b˜ ∫…‰ ¥…π…« 2011-12 E‰Ú Ø˚. 20.54 EÚÆ˙…‰b˜ i…EÚ 11.45% i…EÚ ¥…fi r˘ EÚ“ΩË˛* E∆Ú…x…“ …UÙ±…‰ ¥…π…« EÚ“ i…÷±…x…… ®…Â ®…÷J™… x…¥…‰∂… ∫……®… O…™……Â V…Ë∫…‰ 11% E‰Ú ±…Ë]‰ıC∫…, 47% E‰Ú °Úx…«∫… +…Ï ™…±… +…ËÆ˙ 16% E‰Ú +±…÷ ®… x…™…®…°Ú…Ï ™…±… EÚ“ ±……M…i… ®…Â §…g¯…‰k…Æ˙“ E‰Ú §……¥…V…⁄n˘ ¶…“ ¥… ∂…π]ı ¥…k…“™… x…π……n˘x… Ω˛… ∫…±… EÚÆ˙ ∫…EÚ“* |………h… B¥…∆ …Æ˙…®…∂…« |…¶……M… +…ËÆ˙ +¥…∫…∆Æ˙S…x……|…¶……M… u˘…Æ˙… ∫…∆¶……±…‰ ±…‰x…-n‰˘x… E‰Ú ®…⁄±™… EÚ…‰ ¥…S……Æ˙ EÚÆ˙E‰Ú E∆Ú…x…“ u˘…Æ˙… ∫…∆¶……±…‰ E÷Ú±… ¥™…¥…∫……™… …UÙ±…‰ ¥…π…« E‰Ú Ø˚. 1131 ÚEÚÆ˙…‰b˜ EÚ“ i…÷±…x…… ®…ÂØ˚.1112 EÚÆ˙…‰b˜ ΩË*

®…È +……EÚ…‰ ∫…Ω˛π…« ∫…⁄ S…i… EÚÆ˙i…… Ω⁄ƒ˛ EÚ 21 °ÚÆ˙¥…Æ˙“ 2012 EÚ…‰ BS…B±…B±… BEÚ ∫……¥…«V… x…EÚ ±… ®…]‰ıb˜ E∆Ú…x…“ §…x… M…™…“ ΩË˛ +…ËÆ˙ |…… v…EfiÚi…∂…‰™…Æ˙ …⁄ƒV…“ Ø˚. 20 EÚÆ˙…‰b˜ ∫…‰ Ø˚. 300 EÚÆ˙…‰b˜ i…EÚ ¥…fi r˘ EÚ“ ΩË˛* ∫……¥…«V… x…EÚ =t®… ¥…¶……M… x…‰ E∆Ú…x…“ E‰Ú x…π……n˘x… EÚ…‰ …UÙ±…‰ i…“x… ¥…π……Á E‰Ú ±…B ±…M……i……Æ˙ ""∏…‰π`ˆ'' E‰Ú ∞¸… ®…Â ®…⁄±™……ƒ EÚi… EÚ™…… ΩË˛*

12 ®……S…« 2012 EÚ…‰ BS…B±…B±… x…‰ BS… §…“ B±… (BS…B±…B±… §……™……‰]‰ıEÚ ±… ®…]‰ıb˜), BEÚ“EfiÚi… ¥…ËC∫…“x… EÚ…Ï±…‰C∫… (+…<« ¥…“ ∫…“) … Æ˙™……‰V…x……EÚ…™……«Œx¥…i… EÚÆ˙x…‰ E‰Ú ±…B BEÚ …⁄h…« ∫¥…… ®…k…¥……±…“ ∫…®…x…÷π…∆M…“, EÚ…‰ V…x®… n˘™…… ΩË˛* ¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ x…‰ +…<« ¥…“ ∫…“ EÚ…‰ BEÚ ""Æ˙…π]≈ı“™… ®…Ω˛i¥…EÚ“ … Æ˙™……‰V…x……'' E‰Ú ∞¸… ®…Â P……‰ π…i… EÚ™…… ΩË˛ EÚ ™…Ω˛ Æ˙…π]≈ı EÚ…‰ ¥…ËC∫…“x… ∫…÷Æ˙I…… |…n˘…x… EÚÆ˙i…… ΩË˛*

E∆Úb˜…‰®… EÚ“ E÷Ú±… =i……n˘ I…®…i…… 1600 n˘∂…±…I… +n˘n˘ i…EÚ …Ω÷ƒ˛S…“ ΩË˛* BS…B±…B±… EÚ“ ¶…±……<« EÚ…‰ ®…Ω˛…x… … Æ˙™……‰V…x…… - B∫… B …“ +…Æ˙ …“1 +M…∫i… 2012 ∫…‰ …⁄h…« ∞¸… ∫…‰ ±……<¥… §…x… M…™…“ ΩË˛*

∂… HÚ +…ËÆ˙ I…®…i…… E‰Ú x…®……«h… EÚÆ˙x…‰, BS…B±…B±… +§… ¥…∑… ∫i…Æ˙ …Æ˙ ∫…®®…… x…i… ∫¥……∫l™… Æ˙I…… ∫…∆ …∆ b˜i… §…x…x…‰ EÚ“ =®®…“n˘ ®…Â ΩË˛* <∫… ±…I™…E‰Ú ∫……l…, BS…B±…B±… x…‰ +§… +…x…‰ ¥™…¥…∫……™… =q‰∂™… EÚ…‰ …÷x…:… Æ˙¶…… π…i… EÚ™…… ΩË - "±…M……i……Æ˙ x…¥……S……Æ˙ E‰Ú W… Æ˙B ∫…∫i…“ B¥…∆ M…÷h…¥…k…… ∫¥……∫l™…Æ˙I…… ∫…®……v……x… u˘…Æ˙… ∫…®…… ¥…Œπ`ˆ …Æ˙ °Ú…‰EÚ∫… EÚÆ˙E‰Ú ¥…∑… ∫i…Æ˙ …Æ˙ ∫…®®…… x…i… ∫…∆M…`ˆx… §…x…x……*' BS…B±…B±… x…‰ ¥…π…« 2020 EÚ…‰ Ø˚. 10,000EÚÆ˙…‰b˜ E‰Ú n⁄˘∫…Æ˙… ®…“±… ∫i…∆®… …Ω⁄ƒ˛S…x…‰ E‰Ú ±…B +…x…“ EÚ…Ï……ÊÆ‰˙]ı ™……‰V…x…… EÚ… ¶…“ +∆ i…®… ∞¸… n˘™…… ΩË˛*

BS…B±…B±… x…‰ ¶……Æ˙i… ®…Â EÚ∂……‰Æ˙ ±…b˜ EÚ™……Â EÚ…‰ ∫…Ë x…]ıÆ˙“ x…Ë… EÚx… =…±…§v… EÚÆ˙…x…‰ E‰Ú ±…B ¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ E‰Ú |… i…Œπ`ˆi… Æ˙…π]≈ı“™… EÚ…™…«GÚ®… E‰Ú∫……l… ∫……Z…‰n˘…Æ˙“ EÚ“ ΩË* E∆Ú…x…“ x…‰ §…‰±…M……®… ®…Â 200 n˘∂…±…I… +n˘n˘ EÚ“ =i……n˘x… I…®…i…… E‰Ú ∫……l… ∫…Ë x…]ıÆ˙“ x…Ë… EÚx… EÚ“ ¥… x…®……«h… ∫…÷ ¥…v…… EÚ…EÚ®…“∂…x… EÚ™…… ΩË˛* EÚx…M…±……, §…‰±…M……®… ®…Â Ø˚.40 EÚÆ˙…‰b˜ E‰Ú x…¥…‰∂… E‰Ú ∫……l… ¥…∑… ∫i…Æ˙ Ω˛…®……Êx…±…/Œ∫]ıÆ˙…‰<b˜±… °Ú…Ï®…÷«±…‰∂…x… ∫…∆™…∆j… - ™…⁄ x… …±……⁄Æ˙… Ω˛…‰x…‰ E‰Ú +∆ i…®… S…Æ˙h… ®…Â ΩË˛* E∆Úb˜…‰®… …ËÀEÚM… +…ËÆ˙ ¶…∆b˜…Æ˙ E‰Ú ±…B BEÚ“EfiÚi… ∫…÷ ¥…v…… §……±…Æ˙…®……÷Æ˙®…, i…Ø˚¥…x…∆i……÷Æ˙®… ®…Â EÚ®…“∂…x… Ω˛…‰ Æ˙Ω˛… ΩË˛*

BEÚ x…B +…v…÷ x…EÚ“EfiÚi… EÚ…Ï……ÊÆ‰˙]ı +x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫… EÂÚp˘ x…‰ ¶…“ i…Ø˚¥…x…∆i……÷Æ˙®… ®…Â EÚ…™…« ∂…÷∞¸ EÚ™…… ΩË˛* ∏…“ S…j…… i…Ø˚x……±… <∆Œ∫]ı]¬ı™…⁄]ı°Ú…ÏÆ˙ ®…‰ b˜EÚ±… ∫……<x∫…∫… +…hb˜ i…EÚx……Ï±…V…“, i…Ø˚¥…x…∆i……÷Æ˙®… (B∫… ∫…“ ]ı“ +…<« B®… B∫… ]ı“) E‰Ú ∫…Ω˛™……‰M… E‰Ú ∫……l… BS…B±…B±… x…‰ "B ®…±…“'•……∆b˜ x……®… E‰Ú +v…“x… Ω˛…®……Êx… x…®…÷«HÚ <x]≈ı… ™…⁄]ı Æ˙x… ∫…∫]ı®…(+…<« ™…÷ B∫…) EÚ…‰ ¥…EÚ ∫…i… EÚÆ˙E‰Ú ±……∆S… EÚ™…… ΩË˛*

BS…B±…B±… E‰Ú ±……M… ∂…… •……∆b˜ ""®…⁄b¬˜∫…'' EÚ…‰ ±…M……i……Æ˙ n⁄˘∫…Æ‰˙ ¥…π…« E‰Ú ±…B |… i…Œπ`ˆi… ∫…⁄…Æ˙ •……∆b˜ …n˘¥…“ |…n˘…x… EÚ“ M…<« ΩË˛* ""b˜§…±… ¥…i…Æ˙h…''E‰Ú ∫……l… ∫…®…Ãl…i… x…B ¥…Ë ∑…EÚ + ¶…™……x… ""+……EÚ… ∫…®…™…, +……EÚ… ∫l……x…, +……EÚ… ®…⁄b¬˜∫…'' …Ω˛±… x…‰ ∫…“ B V…“ +…Æ˙ J…∆b˜ E‰Ú 32% …Æ˙ ¥…fi r˘EÚÆ˙x…‰ E‰Ú ±…B •……∆b˜ EÚ…‰ ®…n˘n˘ EÚ™…… ΩË˛*

E∆Ú…x…“ x…‰ ∫……¥…«V… x…EÚ =t®… ¥…¶……M… u˘…Æ˙… V……Æ˙“ EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x… E‰Ú n˘∂…… x…nÊ˘∂……Â E‰Ú ∫……l… …™……«i… ∞¸… ∫…‰ +x…÷……±…x… EÚ™…… l……*

∫…Æ˙EÚ…Æ˙ u˘…Æ˙… §……‰b« +…ËÆ˙ |…§…∆v… n˘±… …Æ˙ V…i……™…‰ +…i®… ¥…∑……∫… +…ËÆ˙ ¥…∑……∫… Ω˛“ ®…‰Æ‰ J…™……±… ∫…‰ E∆Ú…x…“ EÚ…‰ + v…EÚ S…÷x……Ë i…™……ƒ ±…‰x…‰ E‰Ú ±…B |…‰ Æ˙i… EÚ™…… ΩË˛, EÚ…‰ ®…È EfiÚi…Y…i…… E‰Ú ∫……l… +…¶……Æ˙ ¥™…HÚ EÚÆ˙i…… Ω⁄ƒ˛*

+……E‰Ú ±…M……i……Æ˙ ∫…®…l…«x… EÚ“ |…i…“I…… EÚÆ˙E‰Ú,

b˜…Ï. B®… +™™……x…+v™…I… B¥…∆ |…§…∆v… x…n‰∂…EÚ

+v™…I… EÚ… ¶……π…h…


Dear Shareholders,

It gives me immense pleasure to share with you, that 2011-12 has been yet another year of impressiveperformance by HLL Lifecare Limited (HLL).

The Company’s total revenue during the year 2011-12 has grown by 14.36% to ` 618.93 Cr. against ` 541.19Cr. in the previous year. The Net Profit after Tax has grown by 11.45% from ` 18.43 Cr. in 2010-11 to ` 20.54Cr. in 2011-12. The Company could achieve remarkable financial performance despite the steep hike incosts of major input materials namely Latex by 11%, Furnace Oil by 47% and Aluminium Foil by 16% ascompared with the previous year. Considering the value of transactions handled by the Procurement &Consultancy Division and Infrastructure Division, the total business handled by the company is ` 1112 Cr.compared to ` 1131 Cr. during the previous year.

I am delighted to inform you that on 21st February 2012, HLL became a Public Limited Company and theAuthorized share capital enhanced from ` 20 Cr to ` 300 Cr. Consecutively for the last three years Departmentof Public Enterprises has rated the performance of the company as “EXCELLENT”.

On 12th March 2012, HLL gave birth to HBL (HLL Biotech Limited) a fully owned subsidiary to implement theintegrated vaccine complex (IVC) project. Govt. of India has declared IVC as a “project of National Importance”since it provides vaccine security to the nation.

The total production capacity for condoms reached 1600 Mn Pcs mark. HLL’s Good to Great Project – SAPERP went fully live from 1st August 2012.

Building on the strengths and capabilities, HLL now aspires to become a globally respected healthcareconglomerate. With this objective, HLL has recently redefined its business purpose – ‘To be a globallyrespected organization, focusing on inclusiveness by providing affordable and quality healthcare solutionsthrough continuous innovations’. HLL has also finalized its corporate plan to reach another milestone of` 10000 Cr. by Year 2020.

HLL has partnered with Govt. of India’s prestigious national program to make available Sanitary Napkins toadolescent girls in India. The company had commissioned the manufacturing facility of Sanitary Napkin witha production capacity of 200 Mn Pcs at Belgaum. A world class hormonal/steroidal formulation plant –UNIPILL – with an investment of ` 40 Cr. at Kanagala, Belgaum is in the final stages of completion. AnIntegrated facility for Condom Packing and Storage is being commissioned at Balaramapuram in Trivandrum.

The new state-of-the-art Corporate R&D Center has also started functioning at Trivandrum. HLL in associationwith Sree Chitra Tirunal Institute for Medical Sciences and Technology, Trivandrum (SCTIMST), has developedand launched a hormone releasing Intra-uterine System (IUS) under the brand name ‘EMILY’.

“MOODS” the flagship brand of HLL has been awarded the prestigious Super Brand status consecutively forthe second year. The new global campaign “Your time Your Place Your Moods” supported with “Doubledistribution” initiative has helped the brand to grow at a volume CAGR of 32%.

The company had substantially complied with Corporate Governance Guidelines issued by Department ofPublic Enterprises.

I gratefully acknowledge the confidence and faith reposed by the Government on the Board and theManagement team which has, in my view, spurred the Company to take on more challenges.

Looking forward to your continuing support.

Dr. M. AYYAPPANCHAIRMAN & MANAGING DIRECTOR

CHAIRMAN'S SPEECH

20 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

∫…∆0 BS…B±…B±…/∫…“ B∫…/2-330/2012- 14 +M…∫i…˙, 2012

∫…⁄S…x……

Bi…n˘¬u˘…Æ˙… ∫…⁄S…x…… n˘“ V……i…“ ΩË˛ EÚ BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜ EÚ‰ ∂…‰™…Æ˙v……Æ˙EÚ…Â EÚ“ 46¥…” ∫……®……x™… §…Ë ˆEÚ x…<« n˘±±…“ ®…Â 24 ∫…i…∆§…Æ˙ ∫……‰®…¥……Æ˙ +…Æ˙…ºx… 2.30 §…V…‰ EÚ…‰ x…®x… ±… J…i…EÚ…™…« x…§……Ω˛x…‰ E‰Ú ±…B +…™……‰ V…i… EÚ“ V……BM…“ *

∫……®……x™… EÚ…™…«

1. x…n‰˘∂…EÚ…Â EÚ“ Æ˙……‰]«ı i…l…… 31 ®……S…« 2012 EÚ…‰ ∫…®……i… ¥…π…« E‰Ú ±…B E∆Ú…x…“ E‰Ú ±…‰J………Æ˙“ I…i… J……i……, =∫… …Æ˙ ±…‰J…… …Æ˙“I…EÚ…Â EÚ“ Æ˙……‰]«ı i…l…… ¶……Æ˙i… E‰Ú x…™…∆j…EÚ B¥…∆ ®…Ω˛…±…‰J………Æ˙“I…EÚ EÚ“ ]ı…h…“ …Æ˙ ¥…S……Æ˙ EÚÆ˙x…… +…ËÆ˙ +∆M…“EÚ…Æ˙ EÚÆ˙x…… *

2. ¥…k…“™… ¥…π…« 2011-12 E‰Ú ±…B +∆ i…®… ±……¶……∆∂… P……‰ π…i… EÚÆ˙x…… *

¥…∂…‰π… EÚ…™…« :

®…n˘ ∫…∆. 3 : E∆Ú…x…“ u˘…Æ˙… ∂…‰™…Æ˙…Â E‰Ú …÷x…&GÚ™… ∫…®…l…«x… EÚ“ +…‰Æ˙ ∫…∆∫l…… E‰Ú +∆i…Ãx…™…®… EÚ… … Æ˙¥…i…«x…*

E∆Ú…x…“ u˘…Æ˙… ∂…‰™…Æ˙…Â E‰Ú …÷x…&GÚ™… ∫…®…l…«x… EÚÆ˙x…‰ EÚ“ +…‰Æ˙ ∫…∆∫l…… E‰Ú +∆i…Ãx…™…®… E‰Ú … Æ˙¥…i…«x… EÚÆ˙x…‰E‰Ú ±…B x…®x… ±… J…i… ∫…∆EÚ±……Â EÚ…‰ ¥…∂…‰π… ∫…∆EÚ±… E‰Ú ∞¸… ®…Â ∫…∆∂……‰v…x… E‰Ú ∫……l… ™…… ∫…∆∂……‰v…x… E‰Ú §…x…… ¥…S……Æ˙ EÚÆ˙x…… +…ËÆ˙ ™……‰M™… ∫…®…Z…… V……™… i……‰ …… Æ˙i… EÚÆ˙x……*

"∫…∆EÚ±… EÚ™…… V……i…… ΩË˛ EÚ E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ v……Æ˙… 31 +…ËÆ˙ +x™… EÚ…‰<« |……¥…v……x…±……M…⁄ ΩË i……‰, E‰Ú +x…÷∫…Æh… ®…Â, ¶……Æ˙i… E‰Ú Æ˙…π]≈ı… i… E‰Ú +x…÷®……‰n˘x… E‰Ú +v…“x…˙ +…ËÆ˙ E∆Ú…x…“ E‰Ú ∫…∆∫l……E‰Ú +∆i…Ãx…™…®… E‰Ú +x…÷SU‰Ùn˘ 91, E∆Ú…x…“ E‰Ú ∫…∆∫l…… E‰Ú +∆i…Ãx…™…®… ®…Â ¥…t®……x… +x…÷SU‰Ùn˘ 6 EÚ…‰ x…®x… ¥™……J™…… EÚB V…Ë∫…‰ … g¯i… EÚÆ˙x…‰ E‰Ú ±…B Bi…n¬˘u˘…Æ˙… ∫…∆∂……‰ v…i… EÚ™…… V……i…… ΩË˛*"

+∆i…Ãx…™…®… 6

+ v… x…™…®… EÚ“ v……Æ˙… 77, 77-EÚ +…ËÆ˙ x…™…®…, ¥… x…™…®… +…ËÆ˙ ®……M…«n˘∂…‘ ∫…r˘…xi… E‰Ú ∫…¶…“ +x™…=…™…÷HÚ |……¥…v……x……‰∆ E‰Ú +x…÷∫……Æ˙, ®…∆b˜±… ™……‰M™… +…ËÆ˙ = S…i… ∫…®…Z…‰ V…Ë∫…‰ ®…⁄±™… +…ËÆ˙ ∂…i……Á …Æ +…x…‰∂…‰™…Æ˙ +…ËÆ˙ +x™… |… i…¶…⁄ i…™……ƒ V……‰ ∫…®……i… EÚ“ V……BM…“ …÷x…& GÚ™… /GÚ™… EÚÆ‰M…“˛ +…ËÆ˙ B‰∫…‰ ∂…‰™…Æ˙…Â EÚ…¶…÷M…i……x… EÚÆ‰M…“˛*


No.HLL/CS/2-330/2012 14th August 2012

N O T I C E

NOTICE is hereby given that the 46th Annual General Meeting of theShareholders of HLL Lifecare Ltd. will be held at New Delhi on Monday,the 24th September 2012 at 2.30 PM to transact the following businesses.

ORDINARY BUSINESS :

1. To consider and adopt the Directors’ Report and Audited Accounts ofthe Company for the year ended 31st March 2012, the report thereonof the Auditors and comments of Comptroller & Auditor General ofIndia.

2. To declare Dividend for the financial year 2011-12.

SPECIAL BUSINESS :

Item No 3 : Alteration of Articles of Association enabling buyback of shares by the Company

To consider and if thought fit to pass, with or without modification, thefollowing resolutions as Special Resolution to alter Articles of Associationenabling buyback of shares by the Company.

"Resolved that pursuant to Section 31 and other applicable provisions, ifany, of the Companies Act, 1956 and Article 91 of the Articles of Associationof the Company, present Article 6 of the Company's Articles of Associationbe and hereby modified to read as stated below, subject to approval of thePresident of India.

Article 6

"Subject to Section 77 , 77-A of the Act and all other applicable provisionsof laws, regulations and guidelines, the Company may buyback / purchaseits own shares and other securities at such price and on such terms as theBoard may deem fit and proper and make payment for such shares, whichshall be extinguished."

22 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

®…n˘ ∫…∆. 4 : 300 EÚÆ˙…‰b˜ i…EÚ |…… v…EfiÚi… ∂…‰™…Æ˙ …⁄ƒV…“ §…f¯√…x……*

` 20 EÚÆ˙…‰b˜ ∫…‰ 300 EÚÆ˙…‰b˜ i…EÚ E∆Ú…x…“ EÚ“ |…… v…EfiÚi… …⁄ƒV…“ EÚ…‰ §…g¯…x…‰ E‰Ú ±…B x…®x… ±… J…i… ∫…∆EÚ±……Â EÚ…‰ ∫…∆∂……‰v…x… E‰Ú ∫……l… ™…… ∫…∆∂……‰v…x…E‰Ú §…x…… ¥…S……Æ˙ EÚÆ˙x…… +…ËÆ˙ ™……‰M™… ∫…®…Z…… V……™… i……‰ …… Æ˙i… EÚÆ˙x……*

∫……v……Æ˙h… ∫…∆EÚ±…

∫…∆EÚ±… EÚ™…… V……i…… ΩË EÚ BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb EÚ“ ∫……®™…… ∂…‰™…Æ˙ …⁄ƒV…“ E∆Ú…x…“ E‰Ú ®…⁄±… ∫……®™…… ∂…‰™…Æ˙ …⁄ƒV…“ E‰Ú ∫……l… ∫…¥…«l…… ∫…¶…“GÚ®… ®…Â ∫…®…∞¸… Æ˙J…x…‰ EÚ…‰ |…i™…‰EÚ ` 1000/- E‰Ú +`ˆ…<«∫… ±……J… ∫……®™…… ∂…‰™…Æ §…x……EÚÆ˙ ` 20 EÚÆ˙…‰b˜ ∫…‰ ` 300 EÚÆ˙…‰b i…EÚ Bi…n¬u˘…Æ˙…¥…Ãv…i… EÚ™…… V……i…… ΩË˛*

¥…∂…‰π… ∫…∆EÚ±…

∫…∆EÚ±… EÚ™…… V……i…… ΩË˛ EÚ BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜ E‰Ú ∫…∆∫l…… E‰Ú Y………x… E‰Ú J…∆b˜ V +…ËÆ ∫…∆∫l…… E‰Ú +∆i…Ãx…™…®… E‰Ú +x…÷SU‰Ùn˘ 4 ®…Â∂…§n˘ +…ËÆ˙ +…ƒEÚb‰ ` 20,00,00,000/- (E‰Ú¥…±… §…“∫… EÚÆ˙…‰b˜ Ø˚…B) EÚ…‰ ` 2,00,000/- (E‰Ú¥…±… n˘…‰ ±……J…) ®…Â ¥…¶…… V…i… EÚÆ˙E‰Ú `1000/- (E‰Ú¥…±… BEÚ Ω˛W……Æ˙ Ø˚…B) E‰Ú |…i™…‰EÚ ∫……®™…… ∂…‰™…Æ˙ |…EÚ]ı EÚ™……, EÚ…‰ Bi…n¬˘u˘…Æ˙… ∂…§n˘ +…ËÆ˙ +…ƒEÚb‰˜ ®…Â ` 300,00,00,000/-(E‰Ú¥…±… i…“x… ∫……Ë EÚÆ˙…‰b˜ Ø˚…B) EÚ…‰ 30,00,000/- (E‰Ú¥…±… i…“∫… ±……J…) ®…Â ¥…¶…… V…i… EÚÆ˙E‰Ú 1000/- (E‰Ú¥…±… BEÚ Ω˛W……Æ˙ Ø˚…B) E‰Ú|…i™…‰EÚ ∫……®™…… ∂…‰™…Æ˙ E‰Ú ∫……l… |… i…∫l…… …i… EÚ™……*

§……‰b« E‰Ú +…n‰∂……x…÷∫……Æ˙

…“. ∏…“E÷Ú®……Æ˙E∆Ú…x…“ ∫… S…¥… B¥…∆ =……v™…I… (∫…“ B B∫…)

∫…‰¥…… ®…Â

∂…‰‰™…Æ˙v……Æ˙“

|… i… ±… … : ®…Ë∫…‰∫…« +…x…∆n˘x… & ∫…÷∆n˘Æ˙®…∫…x…n˘“ ±…‰J……EÚ…Æ˙,∏…“ EÚ…Ãi…, x…“Æ˙®…h…EÚÆ˙…, i…Ø˚¥…x…∆i……÷Æ˙®…

|… i… ±… … : ∫¥…i…∆j… x…n‰∂…EÚ


Item No. 4 : To increase authorized share capital to ` 300 Cr.

To consider and if thought fit to pass, with or without modification, the following resolutions to increase the

authorized capital of the company from ` 20 Cr. to ` 300 Cr.

Ordinary Resolution

RESOLVED THAT the authorized share capital of HLL Lifecare Limited be and is hereby increased from

` 20 Cr. to ` 300 Cr. by creation of twenty eight lakh equity shares of ` 1,000 each to rank in all respects pari-

passu with the original equity share capital of the Company.

Special Resolution

RESOLVED THAT the words and figures "` 20,00,00,000/- (Rupees Twenty Crores only) divided into

2,00,000/- (Two lakh only) Equity shares of ` 1000/- (Rupees One Thousand only) each" appearing inClause V of the Memorandum of Association and Article 4 of the Articles of Association of HLL Lifecare

Limited be and are hereby substituted with words and figures " ` 300,00,00,000/- (Rupees Three Hundred

Crores only) divided into ` 30,00,000/- (Thirty lakh only) equity shares of ` 1,000/- (Rupees One Thousandonly) each."

By the order of the Board

P. SREEKUMARCOMPANY SECRETARY & VP (CAS)

ToThe Shareholders

Copy to : M/s. Ananthan & SundaramChartered AccountantsSree Karthi, NeeramankaraThiruvananthapuram

Copy to : Independent Directors

24 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

∫…⁄S…x…… EÚ…‰ +∆∂…¶…⁄i… ∫…π]ı“EÚÆ˙h… ¥…¥…Æ˙h…(E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ v……Æ˙… 173 (2) E‰Ú +x…÷∫……Æ˙)

®…n˘ ∫…∆. 3 : E∆Ú…x…“ u˘…Æ˙… ∂…‰™…Æ˙…Â E‰Ú …÷x…&GÚ™… E‰Ú ∫…®…l…«x… EÚ“ +…‰Æ˙ ∫…∆∫l…… E‰Ú +∆i…Ãx…™…®… EÚ… … Æ˙¥…i…«x…*

EÚ…™……«±…™… Y………x… ∫…∆. b˜“ …“ <«/14(24)/2011- ¥…k…, n˘x……∆EÚ 26 ®……S…« 2012 E‰Ú +x…÷∫……Æ˙, ∫……¥…«V… x…EÚ =t®… ¥…¶……M… x…‰ ∫…¶…“ ∫……¥…«V… x…EÚ=t®……Â EÚ…‰ ™… n˘ =x…E‰Ú +∆i…Ãx…™…®……Â ®…Â ∂…‰™…Æ˙…Â E‰Ú …÷x…& GÚ™… |…n˘…x… EÚÆ˙x…‰ EÚ… |……¥…v……x… x… ®……ËV…⁄n˘ ΩË˛ i……‰ =∫…EÚ…‰ ∫…∆∫l…… E‰Ú +∆i…Ãx…™…®… ®…Â n‰˘EÚÆ˙∫…∆∂……‰ v…i… EÚÆ˙x…‰ EÚ“ ∫…±……Ω˛ n˘“ l…“* +§… BS…B±…B±… ∫…⁄S…“§…r˘ E∆Ú…x…“ x…Ω˛” Æ˙Ω˛x…‰ ∫…‰ Ω˛®……Æ˙“ E∆Ú…x…“ E‰Ú +∆i…Ãx…™…®……Â ®…Â ∂…‰™…Æ˙…Â E‰Ú …÷x…&GÚ™…∫…®…Ãl…i… EÚÆ˙x…‰ EÚ… |……¥…v……x… ∂…… ®…±… x…Ω˛” ΩË˛*

x…n‰˘∂…EÚ ®…∆b˜±… x…‰ 15 ®…<« 2012 EÚ…‰ +…™……‰ V…i… 235 ¥…” §……‰b«˜ §…Ë`ˆEÚ ®…Â, =…™…÷«HÚ =Œ±±… J…i… |…¶……¥… ∫…‰ E∆Ú…x…“ E‰Ú ∫…∆∫l…… E‰Ú +∆i…Ãx…™…®… E‰Ú+x…÷SU‰Ùn˘ 6 EÚ…‰ §…n˘±…x…‰ E‰Ú |…∫i……¥… EÚ… +x…÷®……‰n˘x… n˘™…… ΩË˛*

<∫… ±…B §……‰b«˜ +……E‰Ú +x…÷®……‰n˘x……l…« ®…n˘ ∫…∆. 3 EÚ“ ∫…°Ú… Æ˙∂… EÚÆ˙i…“ ΩË˛*

E∆Ú…x…“ E‰Ú EÚ…‰<« ¶…“ x…n‰∂…EÚ <∫… ∫…∆EÚ±… ®…Â Ø˚ S… x…Ω˛” Æ˙J…i…‰ Ω∆Ë*

®…n˘ ∫…∆. 4 : 300 EÚÆ˙…‰b˜ i…EÚ |…… v…EfiÚi… ∂…‰™…Æ˙ …⁄ƒV…“ §…f¯√…x……*

30 +H⁄Ú§…Æ˙ 2008 EÚ…‰ +…™……‰ V…i… 218 ¥…” §……‰b« §…Ë ˆEÚ ®…Â, ∂…‰™…Æ˙v……Æ˙EÚ…‰∆ +…ËÆ˙ ¶……Æ˙i… E‰Ú Æ˙…π]≈ı… i… ( ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ®…∆j……±…™…)E‰Ú +x…÷®……‰n˘x… E‰Ú +v…“x…, E∆Ú…x…“ EÚ“Ú |…… v…EfiÚi… …⁄ƒV…“ 20 EÚÆ˙…‰b˜ ∫…‰ 300 EÚÆ˙…‰b˜ i…EÚ §…g¯…x…‰ E‰Ú |…∫i……¥… EÚ… +x…÷®……‰n˘x… n˘™…… M…™……*

i…n˘x…xi…Æ˙, E∆Ú…x…“ x…‰ +…x…… x……®… 1 V…x…¥…Æ˙“ 2009 E‰Ú |…¶……¥… ∫…‰ ÀΩ˛n÷∫i……x… ±…Ë]‰ıC∫… ±… ®…]‰ıb˜ ∫…‰ BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜ ®…Â §…n˘±… n˘™…… ΩË˛* +…M…‰, E∆Ú…x…“ EÚ…‰ 21 °ÚÆ˙¥…Æ˙“ 2012 ∫…‰ …Œ§±…EÚ ±… ®…]‰ıb˜ E∆Ú…x…“ E‰Ú ∞¸… ®…Â … Æ˙¥…Ãi…i… EÚ“ M…<«* …Œ§±…EÚ ±… ®…]‰ıb˜ E∆Ú…x…“ ®…Â§…n˘±…x…‰ E‰Ú °Ú±…∫¥…∞¸…, <« V…“ B®… ®…Â …Ω˛±…‰ Ω˛“ …… Æ˙i… ∫…∆EÚ±… ®…Â +…¥…∂™…E §…x…… EÚÆ˙˙ ∫…∆∂……‰v…x… …⁄ƒV…“ ∫…‰ ∫…∆§…∆ v…i… ∫…∆∫l…… E‰Ú +∆i…Ãx…™…®… E‰Ú|……∫…∆ M…EÚ +x…÷SU‰Ùn˘ EÚ“ ∫…∆J™…… ¶…“ +x…÷SU‰Ùn˘ 5 ∫…‰ +x…÷SU‰Ùn˘ 4 ®…Â §…n˘±… n˘™…… ΩË˛*

®…∆j……±…™… x…‰ …j… ∫…∆ B 45013/30/2003-|…∂……∫…x… II (¶……M…. I), n˘x……∆EÚ 2 V…÷±……<« 2012 E‰Ú +x…÷∫……Æ˙ |…… v…EfiÚi… ∂…‰™…Æ˙ …⁄ƒV…“ §…g¯…x…‰ E‰Ú ±…B+x…÷®……‰n˘x… n˘™…… ΩË˛*

<∫… ±…B §……‰b«˜ +……E‰Ú +x…÷®……‰n˘x……l…« ®…n˘ ∫…∆. 4 EÚ“ ∫…°Ú… Æ˙∂… EÚÆ˙i…“ ΩË˛*

E∆Ú…x…“ E‰Ú EÚ…‰<« ¶…“ x…n‰˘∂…EÚ <∫… ∫…∆EÚ±… ®…Â Ø˚ S… x…Ω˛” Æ˙J…i…‰ ΩÈ˛˛*

§……‰b« E‰Ú +…n‰∂……x…÷∫……Æ

…“. ∏…“E÷Ú®……Æ˙E∆Ú…x…“ ∫… S…¥… B¥…∆ =……v™…I… (∫…“ B B∫…)


EXPLANATORY STATEMENTS TO FORM PART OF THE NOTICE(Pursuant to Section 173 (2) of the Companies Act 1956)

Item No. 3 : Alteration of Articles of Association enabling buyback of shares by the Company

Vide O.M. No. DPE/14(24)/2011-Fin dated 26th March, 2012 the Department of Public Enterprises had advised

all Central Public Sector Enterprises to amend their Articles of Association to provide for buy back of shares,

if such a provision does not exist in their Articles. Presently, the Articles of our Company do not contain such

a provision enabling buyback of shares, as HLL is not a listed Company.

In the 235th Board meeting held on 15th May 2012, the Board of Directors approved the proposal to alter Article

6 of the Company's Articles of Association to the effect mentioned above.

The Board therefore recommends the item no. 3 for your approval.

None of the Directors of the Company is interested in this resolution.

Item No. 4 : To increase authorized share capital to ` 300 Cr.

In the 218th Board meeting of the company held on 30th October 2008, the proposal to increase the authorized

capital of the company from ` 20 Cr. to ` 300 Cr. was approved subject to the approval of the Shareholders

and the President of India [Union Ministry of Health & Family Welfare].

Subsequently, the company has changed its name from Hindustan Latex Limited to HLL Lifecare Limited

with effect from 1st January 2009. Further, the company was converted into a Public Limited Company with

effect frtom 21st February 2012. Consequent to the change into Public Limited Company the number of the

relevant Article of the Articles of Association dealing with Capital has also changed from Article 5 to Article 4,

necessitating modification in the resolution passed earlier in the EGM.

The Ministry has granted approval for increasing the authorized share capital vide letter no. A. 45013/30/

2003-Admn. II (Pt. 1) dated 2nd July 2012.

The Board therefore recommends the item no. 4 for your approval.

None of the Directors of the Company is interested in this resolution.

By the order of the Board

P. SREEKUMARCOMPANY SECRETARY & VP (CAS)

26 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

I. ∫…n˘∫™……Â E‰Ú ±…B x…n‰∂…EÚ…Â EÚ“ Æ˙……‰]«ı (2011-12)

∫…n˘∫™…BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜

+……E‰Ú x…n‰∂…EÚ EÚ…‰ 31 ®……S…« 2012 EÚ…‰ ∫…®……i… ¥…π…« E‰Ú ±…B +……EÚ“ E∆Ú…x…“ EÚ“ ±…‰J………Æ˙“ I…i… J……i……ı E‰Ú ∫……l… 46¥…” ¥……Ãπ…EÚ Æ˙……‰]« |…∫i…÷i…EÚÆ˙x…‰ ®…Â §…Ω÷i… J…÷∂…“ ΩË˛˛*

1. ¥…k…“™… x…π……n˘x…

+…Ët…‰ M…EÚ =i……n˘x… ®…Â ®…∆n˘i…… +…ËÆ˙ V…“ b˜“ …“ ¥…EÚ…∫… n˘Æ˙ ®…Â M…Æ˙…¥…]ı E‰Ú EÚ…Æ˙h…, …UÙ±…‰ ¥…k…“™… ¥…π…« +i™… v…EÚ ®…÷p˘…∫°Ú“ i… EÚ“ ∫……I…“ §…x…“ΩË˛ V……‰ |… i…E⁄Ú±… ®…÷p˘… +…xn˘…‰±…x……Â E‰Ú ∫……l… ®…±…EÚÆ˙ =SS… x…¥…‰∂… ±……M…i… ®…Â … Æ˙h…i… Ω÷˛<«* S…÷x……Ë i…™……Â E‰Ú Ω˛…‰i…‰ Ω÷˛B ¶…“ +……EÚ“ E∆Ú…x…“ +…x…‰ ¥…EÚ…∫… M… i… EÚ…‰ §…x……B Æ˙J…x…… V……Æ˙“ Æ˙J…˛i…“ ΩË˛*

¥…π…« 2011-12 E‰Ú n˘…ËÆ˙…x…, |…S……±……i®…EÚ B¥…∆ ¥…k…“™… E‰Ú ∫…∆§…∆v… ®…Â, E∆Ú…x…“ E‰Ú x…π……n˘x… x…‰ …UÙ±…‰ ¥…π…« ∫…‰ BEÚ =±±…‰J…x…“™… ∫…÷v……Æ˙ n˘J……™…… ΩË*¥…π…« 2011-12 E‰Ú n˘…ËÆ˙…x… E∆Ú…x…“ E‰Ú E÷Ú±… Æ˙…V…∫¥… …UÙ±…‰ ¥…π…« E‰Ú 541.19 EÚÆ˙…‰b˜ ∫…‰ 618.93 EÚÆ˙…‰b˜ i…EÚ 14.36% +…ËÆ˙ EÚÆ˙ E‰Ú…⁄¥…« x…¥…±… ±……¶… …UÙ±…‰ ¥…π…« E‰Ú 27.49 EÚÆ˙…‰b˜ ∫…‰ 30.56 EÚÆ˙…‰b˜ i…EÚ 11.16% EÚ“ ¥…fi r˘ EÚ“ ΩË* EÚÆ˙ E‰Ú §……n˘ x…¥…±… ±……¶… x…‰ ¥…π…«2010-11 E‰Ú ` 18.43 EÚÆ˙…‰b˜ ∫…‰ ¥…π…« 2011-12 E‰Ú ` 20.54 EÚÆ˙…‰b i…EÚ 11.45% ¥…fi r˘ EÚ“ ΩË*

|………h… B¥…∆ …Æ˙…®…∂…«n˘…i…… +…ËÆ˙ +¥…∫…∆Æ˙S…x…… ¥…EÚ…∫… |…¶……M… u˘…Æ˙… ∫…∆¶……±…‰ ±…‰x…n‰x… E‰Ú ®…⁄±™… EÚ…‰ ¥…S……Æ˙ EÚÆ˙E‰Ú E∆Ú…x…“ u˘…Æ˙… ∫…∆¶……±…‰ E÷Ú±… ¥™…¥…∫……™…, …UÙ±…‰ ¥…π…« E‰Ú ` 1131 EÚÆ˙…‰b˜ EÚ“ i…÷±…x…… ®…Â ` 1112 EÚÆ˙…‰b˜ ΩË*

31 ®……S…« 2012 EÚ…‰ ∫…®……i… ¥…π…« E‰Ú ±…B |…S……±…x… EÚ“ ¥…∫i…fii… S…S……«, |…§…∆v…x… S…S……« +…ËÆ˙ ¥…∂±…‰π…h… ®…Â n˘™…… V……i…… ΩË˛*

2. ∫…®…Z……Ëi…… Y………x…

∫……¥…«V… x…EÚ =t®… ¥…¶……M… ¥…π…« 2010-11 ®…Â ±…M……i……Æ˙ n⁄˘∫…Æ‰˙ ¥…π…« E‰Ú ±…B '∏…‰π`ˆ' x…π……n˘x… x…v……« Æ˙i… EÚ™…… M…™…… *˙

3. ¥… ¥…v…“EÚÆ˙h…/ ¥…∫i……Æ˙h…

3.1. ∫…Ë x…]ıÆ˙“ x…Ë… EÚx… ¥… x…®……«h… ™…⁄ x…]ı

¶……Æ˙i… ®…Â EÚ∂……‰Æ˙ ±…b˜ EÚ™……Â EÚ…‰ ∫…Ë x…]ıÆ˙“ x…Ë… EÚx… =…±…§v… EÚÆ˙…x……,˙ ∫¥……∫l™… B¥…∆ … Æ˙˛¥……Æ EÚ±™……h… ®…∆j……±…™… (B®… +…‰ BS… B°Ú b˜Œ§±…™…÷) u˘…Æ˙…EÚ…™……«Œx¥…i… EÚB V…… Æ˙Ω‰˛ ¥™………EÚ ∞¸… ∫…‰ P……‰ π…i… B¥…∆ |… i…Œπ`ˆi… Æ˙…π]≈ı“™… EÚ…™…«GÚ®… ΩË˛*˙ B®… +…‰ BS… B°Ú b˜Œ§±…™…÷ EÚ“ ∫……Z…‰n˘…Æ˙“ E‰Ú ∫……l…BS…B±…B±… x…‰ EÚx…M…±…… °ËÚC]ıÆ˙“, §…‰±…M……®… ®…Â 8.50 EÚÆ˙…‰b˜ EÚ“ +x…÷®…… x…i… ±……M…i… …Æ˙ |… i… ¥…π…« 200 n˘∂…±…I… +n˘n˘ EÚ“ ∫…∆∫l…… …i… I…®…i……E‰Ú ∫……l… ∫…Ë x…]ıÆ˙“ x…Ë… EÚx… E‰Ú =i……n˘x… E‰Ú ±…B BEÚ … Æ˙™……‰V…x…… ±…“ ΩË˛* ™…⁄ x…]ı ∫…‰ =i……n˘x… +§… ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ®…∆j……±…™…,¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ +…ËÆ˙ +x™… Æ˙…V™… ∫…Æ˙EÚ…Æ˙…Â EÚ“ +…¥…∂™…EÚi……+…Â EÚ…‰ …⁄Æ˙… EÚÆ˙i…… ΩË˛* ™…Ω˛ ∫…÷ ¥…v…… +|…Ë±… 2012 ®…Â EÚ®…“∂…x… EÚ“ M…<«* ¥…Ãr˘i…®……∆M… EÚ…‰ …⁄Æ˙… EÚÆ˙x…‰ EÚ“ +…‰Æ˙, E∆Ú…x…“ x…‰ |… i… ¥…π…« 500 n˘∂…±…I… +n˘n˘ i…EÚ I…®…i…… §…g¯…x…‰ EÚ… EÚn˘®… =`ˆ…™…… ΩË˛*

3.2. E‰Ú B°Ú ∫…“ ®…Â |……EfiÚ i…EÚ Æ˙§…c˜ +…v…… Æ˙i… ®… Ω˛±…… E∆Úb˜…‰®… ¥… x…®……«h… ∫…÷ ¥…v……

x…M… ®…i… +x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫… |…¶……M… |……EfiÚ i…EÚ Æ˙§…c˜ +…v…… Æ˙i… ®… Ω˛±…… E∆Úb˜…‰®… EÚ…‰ ¥…EÚ ∫…i… EÚÆ˙x…‰ ®…Â ∫…°Ú±… Æ˙Ω˛…* E∆Ú…x…“ 1.96 EÚÆ˙…‰b˜EÚ“ +x…÷®…… x…i… … Æ˙™……‰V…x…… ±……M…i… …Æ˙ |……EfiÚ i…EÚ Æ˙§…c˜ +…v…… Æ˙i… ®… Ω˛±…… E∆Úb˜…‰®… E‰Ú ±…B BEÚ ¥… x…®……«h… ∫…÷ ¥…v…… ∫…∆∫l…… …i… EÚÆ˙ Æ˙Ω˛“ ΩË˛*EÚ…CEÚx……c˜ °ËÚC]ıÆ˙“, EÚ…‰ŒSS… ®…Â +… Æ˙Ω“ ∫…÷ ¥…v…… EÚ… ∫… ¥…±… x…®……«h… …⁄Æ˙… Ω˛…‰ Æ˙Ω˛… ΩË˛*

3.3 ∫…÷ ¥…v…… |…§…∆v…x… |…¶……M…

∫…÷ ¥…v…… |…§…∆v…x… |…¶……M… O……Ω˛EÚ…Â EÚ…‰ ∫…÷ ¥…v…… |…§…∆v…x… ∫…‰¥……Bƒ |…n˘…x… EÚÆ˙x…‰ E‰Ú ±…B §…x……™…… M…™…… ΩË* |…¶……M… |…S……±…x… B¥…∆ +x…÷Æ˙I…h…, BEÚ“EfiÚi… ®…EÚ…x…|…§…∆v…x…, Ω˛…=∫…EÚ“À…M…, ∫…÷Æ˙I…… ∫…‰¥……Bƒ, §……M…§……x…“ ∫…‰¥……Bƒ, M……‰n˘…®… |…§…∆v…x…, +… i…l™… ∫…‰¥……Bƒ, ∫…®…l…«x… ∫…‰¥……Bƒ +… n˘ ∫… Ω˛i… Ω˛…b«˜ ¥… ∫……‰]ı ∫…‰¥……Bƒn˘…‰x……Â |…n˘…x… EÚÆ˙i…… ΩË˛*


I. DIRECTORS’ REPORT (2011-12) TO THE MEMBERS

The Members

HLL Lifecare Ltd.

Your Directors are pleased to present the 46th Annual Report of your company together with the auditedaccounts for the year ended March 31, 2012.

1. FINANCIAL PERFORMANCE

Led by deceleration in Industrial production and fall in GDP growth rates, last fiscal witnessed steep inflationwhich resulted in high input costs coupled with adverse currency movements. Notwithstanding the challenges,your company continues to maintain its growth momentum.

Company’s performance during the year 2011-12, in terms of operational and financial, has shown a markedimprovement over the previous year. Company’s Total Revenue during the year 2011-12 has grown by14.36% to 618.93 Cr. against 541.19 Cr. in the previous year and Net Profit before Tax by 11.16% to 30.56Cr. against ` 27.49 Cr. in the previous year. The Net Profit after Tax has grown by 11.45% from ` 18.43 Cr. in2010-11 to ` 20.54 Cr. in 2011-12.

Considering the value of transactions handled by the Procurement & Consultancy and InfrastructureDevelopment Divisions, the total business handled by the company is ` 1112 Cr. compared to ` 1131 Cr.during the previous year.

A detailed discussion of operations for the year ended 31st March, 2012 is given in the ManagementDiscussion and Analysis.

2. MEMORANDUM OF UNDERSTANDING

Department of Public Enterprises rated the performance in 2010-11 as ‘Excellent’ consecutively for thesecond year.

3. DIVERSIFICATION /EXPANSION

3.1. Sanitary napkins manufacturing unit

Making available Sanitary Napkins to adolescent girls in India is a widely published and prestigious nationalprogramme being implemented by Ministry of Health & Family Welfare [MoHFW]. HLL, in partnership withMoHFW has undertaken a project for production of Sanitary Napkin at Kanagala Factory, Belgaum, with aninstalled capacity of 200 million pieces per annum, at an estimated cost of ` 8.50 Cr. The production from theunit currently caters to the needs of MoHFW, Government of India and other State Governments. This facilitywas commissioned in April 2012. (In order to meet the increased demand, the company has initiated stepsto augment the capacity to 500 million pieces per annum).

3.2. Natural Rubber based Female Condoms manufacturing facility at KFC

Corporate R & D Division has been successful in developing Natural Rubber based Female Condoms. Thecompany is setting up a manufacturing facility for Natural Rubber based Female Condoms at an estimatedproject cost of ` 1.96 Cr. The Civil construction of the facility coming up at Kakkanad factory, Cochin is nearingcompletion.

3.3 Facility Management Division

A Facility Management Division has been formed for providing facility management services to clients. Thedivision provides both hard and soft services including operation and maintenance, integrated buildingmanagement, Housekeeping, Security services, Horticulture services, Warehouse Management, Hospitalityservices, Support services etc.

28 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

3.4 §……±…Æ˙…®……÷Æ˙®…, i…Ø˚¥…x…∆i……÷Æ˙®… ®…Â x…B M…¶…« x…Æ˙…‰v…EÚ …ËÀEÚM… +…ËÆ˙ ∫…∆O…Ω˛h… ™…⁄ x…]ı

∏…“ ∫…÷v…“… §…∆n˘…‰……v™……™…, ®……x…x…“™… ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… Æ˙…V™… ®…∆j…“ x…‰ 6 °ÚÆ˙¥…Æ˙“ 2012 EÚ…‰ 51000 ∫EÚ.°Ú“. I…‰j… …Æ˙ §……±…Æ˙…®……÷Æ˙®…, i…Ø˚¥…x…∆i……÷Æ˙®… ®…Â E∆Ú…x…“ E‰Ú x…B M…¶…« x…Æ˙…‰v…EÚ …ËÀEÚM… +…ËÆ˙ M……‰n˘…®… ∫…÷ ¥…v…… E‰Ú ±…B ∂…±……x™……∫… b˜…±…… ΩË˛* x…<« ™…⁄ x…] EÚ…‰ E∆Úb˜…‰®… …ËÀEÚM… +…ËÆ˙∫…∆O…Ω˛h… E‰Ú ±…B BEÚ BEÚ“EfiÚi… ∫…÷ ¥…v…… E‰Ú ∞¸… ®…Â … Æ˙EÚŒ±…i… EÚ™…… V……i…… ΩË˛*

3.5 S… EÚi∫…… =…EÚÆ˙h……Â E‰Ú ∫…÷Æ˙I…… …Æ˙“I…h… +…ËÆ˙ +∆∂……∆EÚx… E‰Ú ±…B ∫…÷ ¥…v……

S… EÚi∫…… =…EÚÆ˙h……Â E‰Ú …Æ˙“I…h… +…ËÆ˙ +∆∂……∆EÚx…, +∫…i……±……Â E‰Ú +…xi… Æ˙EÚ +…¥…∂™…EÚi…… E‰Ú ®……®…±…‰ E‰Ú ∞¸… ®…Â … Æ˙EÚŒ±…i… EÚ™…‰ V…… Æ˙Ω‰ ΩË∆˛*+∫…i……±… ®…Â S… EÚi∫…… =…EÚÆ˙h……Â E‰Ú ∫…÷Æ˙I…… …Æ˙“I…h… +…ËÆ˙ +∆∂……∆EÚx… |…n˘…x… EÚÆ˙x…‰ E‰Ú =q‰˘∂™… E‰Ú ∫……l… BS…B±…B±… E‰Ú §…™……‰ ®…‰ b˜EÚ±… |…¶……M… x…‰` 85 ±……J… E‰Ú …⁄ƒV…“ … Æ˙¥™…™… E‰Ú ∫……l… i…Ø˚¥…x…∆i……÷Æ˙®… ®…Â BEÚ …Æ˙“I…h… +…ËÆ˙ +∆∂……∆EÚx… ∫…÷ ¥…v…… ∫…∆∫l…… …i… EÚ“ ΩË* ™…Ω˛ ∫…÷ ¥…v…… +∫…i……±……Â EÚ…‰ x…π……n˘x…, ¥…∑…∫…x…“™…i…… +…ËÆ˙ ∫…÷Æ˙I…… E‰Ú +x…÷¥…“I…h… EÚÆ˙x…‰ EÚ“ +…‰Æ˙ ∫…∆EÚ]ıEÚ…±…“x… Æ˙I…… S… EÚi∫…… =…EÚÆ˙h……Â E‰Ú +…¥… v…EÚ ∫…i™………x… E‰Ú ±…B∫…‰¥……Bƒ |…n˘…x… EÚÆ‰M…“*

3.6 ∫…ÃV…EÚ±… ∫™…⁄S…Æ˙ ¥… x…®……«h… ∫…÷ ¥…v…… EÚ“ I…®…i…… ¥…fi r˘ E‰Ú ±…B |…∫i……¥…

E∆Ú…x…“ EÚ… ∫™…⁄S…Æ˙ =i……n˘x… 1.26 ±……J… n˘V…«x… i…EÚ …Ω⁄ƒS…EÚÆ˙ 8.5 EÚÆ˙…‰b˜ E‰Ú ¥™…………Æ˙…¥…i…« ……x…‰ EÚ“ =®®…“n˘ EÚÆ˙i…… ΩË +…ËÆ˙ ¥…i…«®……x… I…®…i……=…™……‰M… V…±n˘“ Ω˛“ 100% ……Æ˙ EÚÆ˙x…‰ EÚ“ ∫…∆¶……¥…x…… ΩË* E∆Ú…x…“ 6.00 EÚÆ˙…‰b˜ E‰Ú |……CEÚ ±…i… … Æ˙™……‰V…x…… ±……M…i… …Æ˙ 2016-17 EÚ…‰ |… i…¥…π…« 6.25 ±……J… n˘V…«x… i…EÚ =i……n˘x… I…®…i…… §…g¯…x…‰ EÚ“ ™……‰V…x…… EÚÆ˙i…“ ΩË˛*

3.7 …÷Ø˚π… E∆Úb˜…‰®… E‰Ú ¥… x…®……«h… E‰Ú ±…B x…™…“ ∫…÷ ¥…v……

…÷Ø˚π… E∆Úb˜…‰®… E‰Ú ¥… x…®……«h… ∫…÷ ¥…v…… EÚ… |…S……±…x… +…xw…… |…n‰∂… E‰Ú M…V…¥……±…, ®…‰b˜EÚ ®…Â 2012 EÚ…‰ |……Æ∆¶… Ω÷+…* <∫… ∫…÷ ¥…v…… EÚ…‰ |… i… ¥…π…« 120n˘∂…±…I… +n˘n˘ E∆Úb˜…‰®… EÚ…‰ =i…… n˘i… EÚÆ˙x…‰ EÚ“ ∫…∆∫l…… …i… I…®…i…… ΩË˛*

4. ±……¶……∆∂…

x…n‰˘∂…EÚ…Â x…‰ ∫…®…“I……v…“x… +¥… v… E‰Ú ±…B 1,000/- (™……x…“ 15%) E‰Ú |… i… <ŒC¥…]ı“ ∂…‰™…Æ˙ E‰Ú ±…B 150/- E‰Ú ±……¶……∆∂… EÚ“ ∫…°Ú… Æ˙∂…EÚ“ ΩË˛* ±……¶……∆∂… ¶…÷M…i……x… E‰Ú J……i…‰ …Æ˙ ¥…i…Æ˙h… EÚÆ˙ ∫… Ω˛i… E÷Ú±… x…EÚn˘“ §… Ω˛¥……«Ω˛ 270.83 ±……J… ®…Â ∫…∆EÚ ±…i… EÚÆ‰˙M……*

5. …Œ§±…EÚ ±… ®…]‰ıb˜ E∆Ú…x…“ ®…Â ∞¸……xi…Æ˙h…

x…M… ®…i… EÚ…™…« ®…∆j……±…™…, ¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ x…‰ +……EÚ“ E∆Ú…x…“ EÚ…‰ E∆Ú…x…“ + v… x…™…®…, 1956 EÚ“ v……Æ˙… 44 E‰Ú ∫……l… … `ˆi… v……Æ˙… 31/21 E‰Ú ∂…i……ÁE‰Ú +x…÷∫……Æ˙ 21 °ÚÆ˙¥…Æ˙“ 2012 ∫…‰ …Œ§±…EÚ ±… ®…]‰ıb˜ E∆Ú…x…“ E‰Ú ∞¸… ®…Â … Æ˙¥…Ãi…i… EÚÆ˙x…‰ EÚ“ ®…∆V…⁄Æ˙“ n˘“ ΩË*

6. |…§…∆v…x… |…h……±…“

E∆Ú…x…“ E‰Ú ¥… x…®……«h… ™…⁄ x…]ı/|…¶……M…, x…“S…‰ =Œ±±… J…i… |…®……h…x… |……i… EÚÆ˙x…… V……Æ˙“ Æ˙J…… ΩË˛*

• +…CE÷Ú±…®…, …‰∞¸Æ˙EÚc˜…, EÚx…M…±……, ®…x…‰∫…Æ, EÚ…‰ŒSS… E‰Ú ¥… x…®……«h… ™…⁄ x…]ı…Â +…ËÆ˙ x……‰<b˜… E‰Ú |………h… B¥…∆ …Æ˙…®…∂…« |…¶……M… E‰Ú ±…B+…<« B∫… +…‰ 9001:2008 |…®……h…x…*

• +…CE÷Ú±…®…, …‰∞¸Æ˙EÚc˜…, EÚx…M…±……, EÚ…‰ŒSS… +…ËÆ˙ ®…x…‰∫…Æ˙ ®…Â ¥… x…®……«h… ™…⁄ x…]ı…Â E‰Ú ±…B +…<« B∫… +…‰ 13485 : 2003 |…®……h…x…*

• +…CE÷Ú±…®…, …‰∞¸Æ˙EÚc˜…,˙ EÚx…M…±…… +…ËÆ EÚ…‰ŒSS… E‰Ú ¥… x…®……«h… ™…⁄ x…]ı…Â EÚ…‰ |…¶……¥…“ …™……«¥…Æ˙h… |…§…∆v…x… |…h……±…“ E‰Ú ±…B +…<« B∫… +…‰14001 : 2004 |…®……h…x…*

• +…CE÷Ú±…®…, …‰∞¸Æ˙EÚc˜…,˙ EÚx…M…±…… +…ËÆ EÚ…‰ŒSS… ™…⁄ x…]ı…Â EÚ…‰ ¥™……¥…∫…… ™…EÚ ∫¥……∫l™… B¥…∆ ∫…÷Æ˙I…… E‰Ú ±…B +…‰ BS… B∫… B B∫…18001 : 2007 |…®……h…x…*

• +…<« B∫… +…‰ 17025: 2005 E‰Ú +x…÷∫……Æ˙ …‰∞¸Æ˙EÚc˜… °ËÚC]ıÆ˙“, i…Ø˚¥…x…∆i……÷Æ˙®… ®…Â i…Ë™……Æ˙ =i……n˘ …Æ˙“I…h… |…™……‰M…∂……±…… E‰Ú ±…BBx… B §…“ B±… |…i™……™…x…*


3.4 New Contraceptive Packing and Storage Unit at Balaramapuram, Thiruvananthapuram

On 6th February 2012, Shri Sudip Bandyopadhyay, Hon’ble Union Minister of State for Health and FamilyWelfare laid foundation stone for the Company’s new Contraceptives Packing and warehousing facility atBalaramapuram, Thiruvananthapuram with an area of 51000 sq. ft. The new unit is envisaged as anintegrated facility for Condom Packing and Storage.

3.5 Facility for Safety Testing and Calibration of Medical Equipment

Testing and Calibration of medical equipment are emerging as a matter of internal need for hospitals. Withthe objective to render Safety testing and Calibration of Medical equipment in hospital, the Bio-MedicalDivision of HLL has set up a testing and calibration facility at Trivandrum with a capital outlay of ` 85 lakhs.The facility will offer services to hospitals in periodic verification of critical care medical equipments bymonitoring their performance, reliability and safety.

3.6 Proposal for Capacity Augmentation of Surgical Suture manufacturing facility

The Company foresees Suture production to touch 1.26 lakh dozens, reaching a turnover of `‘ 8.50 Cr. andthe present capacity utilization is likely to cross 100% soon. The company plans to increase productioncapacity to 6.25 lakh dozens per annum by 2016-17 at an estimated project cost of ` 6.00 Cr.

3.7 New facility for manufacturing Male CondomsA facility to manufacture Male Condoms commenced its operation in Gajewal, Medak in Andhra Pradesh in

2012. The facility has an installed capacity to produce 120 mln. pcs of condom per annum.4. DIVIDEND

The Directors have recommended a dividend of ` 150/- per equity share of ` 1,000/- (i.e.15%) for the periodunder review. The total cash outflow on account of dividend payments, including dividend distribution tax willaggregate to ` 270.83 lakh.

5. CONVERSION INTO PUBLIC LIMITED COMPANY

Government of India, Ministry of Corporate Affairs have accorded sanction in terms of Section 31/21 read withSection 44 of the Companies Act, 1956 to convert your company into a Public Limited Company with effectfrom 21st February 2012.

6. MANAGEMENT SYSTEMS

The company’s manufacturing units/divisions continue to possess the certifications mentioned below:

• ISO 9001:2008 certification for manufacturing units at Akkulam, Peroorkada, Kanagala, Manesar,Kochi and Procurement & Consultancy Division at Noida.

• ISO 13485:2003 certification for manufacturing units at Akkulam, Peroorkada, Kanagala, Kochiand Manesar.

• ISO 14001:2004 certification for manufacturing units at Akkulam, Peroorkada, Kanagala and Kochifor efficient environment management systems.

• OHSAS 18001:2007 certification for units at Akkulam, Peroorkada, Kanagala and Kochi forOccupational Health and Safety.

• NABL accreditation for finished products testing laboratory at Peroorkada Factory,Thiruvananthapuram in accordance with ISO 17025:2005.

30 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

• +…<« B∫… +…‰ 15189: 2007 E‰Ú +x…÷∫……Æ˙ ÀΩ˛n˘±…Ë§∫…, x…<« n˘±±…“ EÚ…‰ S… EÚi∫……˘ …Æ˙“I…h… E‰Ú ±…B Bx… B §…“ B±… |…i™……™…x…*

• …‰∞¸Æ˙EÚc˜… +…ËÆ˙ EÚ…‰S…“ ™…⁄ x…]ı…Â ®…Â ¥… x…Ã®…i… …÷Ø˚π… E∆Úb˜…‰®… +…ËÆ˙ +…CE÷Ú±…®… °ËÚC]ıÆ˙“ ®…Â ¥… x…Ã®…i… §±…b˜ §…ËM…, EÚ…Ï…Æ˙-]ı“, ∫…ÃV…EÚ±…∫™…⁄S…‰∫…« +…ËÆ˙ Ω˛…<b≈…‰∫…‰°Ú…±…∫… π…h]ı E‰Ú ±…B ∫…“ <« ®……E«Ú *

• …‰∞¸Æ˙EÚc˜… °ËÚC]ıÆ˙“ b˜Œ§±…™…÷ BS… +…‰ 2010, +…<« B∫… +…‰ 4074 - 2002, B∫… B Bx… B∫… +…<« B∫… +…‰ 4074, B B∫…]ı“ B®… b˜“ 3492 +…ËÆ˙ V…“ +…‰ B∫… ]ı“ - 4645 - 81 V…Ë∫…‰ +∆i…Æ˙…«π]≈ı“™… M…÷h…¥…k…… ¥… x…nÊ∂… +…ËÆ˙ ®……x…EÚ EÚ“ ¥™………EÚ ∏…‰h…“ …⁄Æ˙…EÚÆ˙x…‰ E‰Ú +±……¥…… E‰Ú +…<« ]ı“ <« ®……E«Ú, B∫… B §…“ B∫… ®……E«Ú, ∫…“ B®… b˜“ ∫…“ B B∫…, Bx… B°Ú ®……E«Ú V…Ë∫…‰ =i……n˘ |…®……h…x… |……i…EÚÆ˙x…… V……Æ˙“ Æ˙J…“ ΩË*

¥…π…« E‰Ú n˘…ËÆ˙…x… E∆Ú…x…“ E‰Ú ¥… x…®……«h… ™…⁄ x…]…‰∆ı/∫…‰¥…… |…¶……M……‰∆ x…‰ x…B |…®……h…x… Ω˛… ∫…±… EÚ™…… ΩË˛ *

• ®…x…‰∫…Æ˙ ™…⁄ x…]ı ®…Â =i…… n˘i… |…‰Mx…‰x∫…“ ]‰ı∫]ı EÚ…b«˜ (…“ ]ı“ ∫…“) - ¥…fi k…EÚ =…™……‰M… E‰Ú ±…B ∫…“ <« ®……E«Ú*

• EÚ…‰ŒSS… ™…⁄ x…]ı ®…Â =i…… n˘i… ®… Ω˛±…… E∆Úb˜…‰®… E‰Ú ±…B ∫…“ <« ®……E«Ú*

7. B¥……b« ¥… ∫…®®……x…

∫…®…“I……v…“x… ¥…π…« EÚ‰ n˘…ËÆ˙…x…, +……EÚ“ E∆Ú…x…“ +…ËÆ˙ =x…EÚ“ °ËÚC]ı Æ˙™……‰∆ x…‰ x…®x… ±… J…i… B¥……b«˜ ¥… ∫…®®……x… Ω˛… ∫…±… EÚB l…‰*

• n˘∫…∆§…Æ˙ 2011 ®…Â ¶……Æ˙“ =t…‰M… ∏…‰h…“ ®…Â >V……« ∫…∆Æ˙I…h… B¥……b«˜*

…‰∞¸Æ˙EÚc˜… °ËÚC]ıÆ˙“, i…Ø˚¥…x…∆i……÷Æ˙®…

• ¥…π…« 2010-11 E‰Ú ±…B ®…v™…®…-§…c‰˜ =t…‰M… ∏…‰h…“ ®…Â B®… E‰Ú E‰Ú x……™…Æ˙ =i……n˘EÚi…… B¥……b«˜*

• …™……«¥…Æ˙h… |…§…∆v…x… |…h……±…“ ®…Â |…¶……¥…“ =iEfiÚπ]ıi…… E‰Ú ±…B M……‰±b˜ ∫]ı…Æ˙ ∏…‰h…“ ®…Â O…“x…]‰ıEÚ B¥……b«˜ 2011.

• Æ˙§…c˜ ¥… ±……Œ∫]ıEÚ ∏…‰h…“ E‰Ú §…Ω÷˛i… §…c˜“ °ËÚC]ı Æ˙™……Â E‰Ú ±…B =iEfiÚπ]ı ∫…÷Æ˙I…… x…π……n˘x… E‰Ú ±…B E‰ÚÆ˙±… Æ˙…V™… °ËÚC]ıÆ˙“∫… +…Ïhb˜§……Ï ™…±…‰∫…« ∫…‰ B¥……b« 2011.

• Æ˙…π]≈ı“™… ∫…÷Æ˙I…… … Æ˙π…n˘ (E‰ÚÆ˙±… S…Ë]ıÆ)˙ ∫…‰ =iEfiÚπ]ı ∫…÷Æ˙I…… x…π……n˘x… B¥……b« 2011.

+…CE÷Ú±…®… °ËÚC]ıÆ˙“, i…Ø˚¥…x…∆i……÷Æ˙®…

• °ËÚC]ıÆ˙“∫… +…Ïhb˜ §……Ï ™…±…‰∫…« ¥…¶……M… (E‰ÚÆ˙±… Æ˙…V™…), E‰ÚÆ˙±… ∫…Æ˙EÚ…Æ ∫…‰ ®…v™…®… =t…‰M……Â E‰Ú ±…B "°ËÚC]ıÆ˙“ ∫…÷Æ˙I…… B¥……b«˜ " EÚ…n⁄˘∫…Æ˙… …÷Æ˙∫EÚ…Æ˙ Ω˛… ∫…±… EÚ™……*

8. ∫…⁄S…x…… |……Ët…‰ M…EÚ“

=t®… ∫…∆∫……v…x… ™……‰V…x…… - ¶…±……<« EÚ…‰ ®…Ω˛…x… … Æ˙™……‰V…x……˛

BS…B±…B±… x…‰ 1 +M…∫i… 2011 EÚ…‰ <« BS… …“ 4 E‰Ú ∫……l… x…B B∫… B …“ <« ∫…“ ∫…“ 6.0 ±……<¥… Ω˛…‰x…‰ E‰Ú EÚ…Æ˙h… <« +…Æ˙ …“ ±……]ı°Ú…Ï®… ®…ÂS…g¯… ΩË˛* §…GÚ“ B¥…∆ ¥…i…Æ˙h…, ∫……®…O…“ |…§…∆v…x…, =i……n˘x… x…™……‰V…x… B¥…∆ x…™…∆j…h…, M…÷h…¥…k…… |…§…∆v…x…, ∫…∆™…∆j… +x…÷Æ˙I…h…, … Æ˙™……‰V…x…… |…h……±…“, ¥…k…B¥…∆ ±……M…i… E‰Ú EÚ…™……«i®…EÚ I…‰j……Â ®…Â BS…B±…B±… E‰Ú ∫…¶…“ ¥™……¥…∫…… ™…EÚ |… GÚ™…… x…B B∫… B …“ ∫……‰±…⁄∂…x… ®…Â S…±… Æ˙Ω˛… ΩË˛* …Ëi…fiEÚ |…h……±…“ ∫…‰ x…<«|…h……±…“ ®…Â … Æ˙¥…Ãi…i… Ω˛…‰x…… +i™… v…EÚ S…÷x……Ëi…“…⁄h…« Æ˙Ω˛…˛, ±…‰ EÚx… |…∂…∆∫…x…“™… f∆¯M… ∫…‰ +…ËÆ˙ ∫…®…™… …Æ˙ EÚ™…… M…™…… ΩË˛, Ω˛®……Æ‰˙ +…<« ]ı“ ]ı“®… EÚ…‰§…v……<™……ƒ* B∫… B …“ E‰Ú |……Æ∆˙¶… E‰Ú ∫……l…, E∆Ú…x…“ x…‰ |… GÚ™……Bƒ ®……x…EÚ“EfiÚi… EÚ™…… ΩË˛ +…ËÆ˙ B∫… B …“ u˘…Æ˙… |…n˘k… + v…EÚ…∆∂… =k…®… …r˘ i…™……ƒ+…x……™…“ Ω∆Ë* E∆Ú…x…“ u˘…Æ˙… |……Æ∆¶… EÚ“ M…<« … Æ˙¥…i…«x… |…§…∆v…x… |…h……±…“ ∫…∆M…`ˆx… E‰Ú +…Æ˙-……Æ˙ x…<« |…h……±…“ ∫…®……v……x… EÚ“ ∫¥…“EfiÚ i… ∫…÷ x…Œ∂S…i… EÚÆ˙x…‰®…Â ®…n˘n˘ EÚ“ ΩË˛*


• NABL accreditation for medical testing at HINDLABS, New Delhi in accordance with ISO 15189:2007.

• CE mark for male condoms produced at Peroorkada and Kochi Units and Blood Bag, Copper T,Surgical Sutures and Hydrocephalus shunt produced at Akkulam Factory.

• Peroorkada Factory continues to possess product certifications KITE mark, SABS mark, CMDCAS, NF mark besides meeting a wide range of international quality specifications and standardssuch as WHO 2010, ISO 4074-2002, SANS ISO 4074, ASTM D 3492 and GOST–4645-81.

During the year, the company’s manufacturing units/service divisions have obtained the following newcertifications.

• CE mark for Pregnancy Test Cards (PTC)-professional use, produced at Manesar Unit.

• CE mark for Female Condoms produced at Kochi Unit.

7. AWARDS AND ACCOLADES

During the year under review, your Company and its factories won the following awards and recognitions:

• Energy Conservation Award in the Heavy Industries Category in December, 2011.

Peroorkada Factory, Thiruvananthapuram

• MKK Nair Productivity Award in the medium-Large Industries category for the year 2010-2011.

• GREENTECH Award 2011 in Gold Star Category for effective excellence in EnvironmentManagement System.

• Award from Kerala State Factories and Boilers 2011 for outstanding safety performance for verylarge factories in Rubber and Plastics category.

• Award from National Safety council (Kerala Chapter) 2011 for outstanding safety performance.

Akkulam Factory, Thiruvananthapuram

• Secured second price of “Factory Safety Award” for medium scale industries from (Kerala State)Factories & Boilers department, Govt. of Kerala.

8. INFORMATION TECHNOLOGY

Enterprise Resource Planning - Good to Great Project

On 1st August 2011, HLL has moved on to ERP platform as the new SAP ECC 6.0 with EHP 4 has gone live.All the business processes across HLL in the functional areas of Sales & Distribution, Materials Management,Production Planning and Control, Quality Management, Plant Maintenance, Project Systems, Finance andCosting are running in the new SAP solution. Switch over from the legacy system to the new system was ahighly challenging one, but done creditably well and on time, congrats to our IT team. With the introductionof SAP, the Company has standardized processes and adopted most of the best practices provided by SAP.The change management processes introduced by the company helped in ensuring acceptance of the newsystem solution across the organization.

32 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

9. ®……x…¥… ∫…∆∫……v…x…

9.1 ®……x…¥… ∫…∆∫……v…x… ¥…EÚ…∫…

+……EÚ“ E∆Ú…x…“, +…x…‰ EÚ®…«S…… Æ˙™……Â E‰Ú I…®…i…… x…®……«h… +…ËÆ˙ |… i…¶…… ¥…EÚ…∫… EÚ…‰ =SS…i…®… |……l… ®…EÚi…… n‰˘i…“ ΩË˛* ∫…®…“I……v…“x… ¥…π…« E‰Ú n˘…ËÆ˙…x…,E∆Ú…x…“ x…‰ EÚ…™…«……±…EÚ…Â E‰Ú ±…B 1101 EÚ…™…« n˘¥…∫… +…ËÆ˙ EÚ…®…M……Æ˙…Â E‰Ú ®……®…±…‰ ®…Â 2036 EÚ…™…« n˘¥…∫… ∫…®……¥…‰ ∂…i… EÚÆ˙E‰Ú ¥… ¥…v… |… ∂…I…h…EÚ…™…«GÚ®… +…™……‰ V…i… EÚ™……*

9.2 +…Ët…‰ M…EÚ ∫…∆…E«Ú

…UÙ±…‰ ¥…π……Á E‰Ú V…Ë∫…‰ ¥…π…« 2011-12 ®…Â E∆Ú…x…“ ∫…n˘¬¶……¥……⁄h…« +…Ët…‰ M…EÚ ∫…∆…E«Ú EÚ“ ∫……I…“ §…x…“ ΩË˛*

9.3 +x…÷∫…⁄ S…i… V…… i…/+x…÷∫…⁄ S…i… V…x…V…… i…/+x™… …UÙb˜… ¥…M…«/∂……Æ˙“ Æ˙EÚ i……ËÆ˙ …Æ˙ ¥…EÚ±……∆M… ¥™… HÚ™……Â E‰Ú ±…B +…Æ˙I…h…*

E∆Ú…x…“ +x…÷∫…⁄ S…i… V…… i…/+x…÷∫…⁄ S…i… V…x…V…… i… /+x™… …UÙb˜… ¥…M…« ∫…®…÷n˘…™……Â E‰Ú +…Æ˙I…h… E‰Ú ∫…∆§…∆v… ®…Â Æ˙…π]≈ı… i… E‰Ú x…nÊ˘∂……Â EÚ… ……±…x… V……Æ˙“Æ˙Ω˛i…“ ΩË˛ +…ËÆ˙ ¶…i…‘ B¥…∆ …n˘…‰z… i… ®…Â x…nÊ˘∂……Â EÚ‰ ……±…x… EÚÆ˙x…‰ E‰Ú ±…B |…™……∫… =`ˆ…B ΩÈ˛* ¥…∂…‰π… ¶…i…‘ + ¶…™……x……Â E‰Ú W… Æ˙B +x…÷∫…⁄ S…i… V…… i…/+x…÷∫…⁄ S…i… V…x… V…… i…/+x™… …UÙb˜… ¥…M…« ∫…®…÷n˘…™……Â EÚ…‰ +…EÚÃπ…i… EÚÆ˙x…‰ E‰Ú ±…B EÂÚ p˘i… |…™……∫… ¶…“ EÚB M…B*

E÷Ú±… EÚ®…«S…… Æ˙™……Â EÚ“ ∂… HÚ ®…Â 01.04.2012 i…EÚ E‰Ú +x…÷∫…⁄ S…i… V…… i…/+x…÷∫…⁄ S…i… V…x…V…… i…/+x™… …UÙc˜… ¥…M…«/∂……Æ˙“ Æ˙EÚ i……ËÆ˙ …Æ˙ ¥…EÚ±……∆M…¥™… HÚ™……Â EÚ‰ |… i… x… v…i¥… x…“S…‰ n˘™…‰ V……i…‰ ΩË∆˛ *

¥…¥…Æ˙h… EÚ®…«S…… Æ˙™……Â EÚ“ ∫…∆J™……

|… i… x… v…i¥… : +x…÷∫…⁄ S…i… V…… i… 310

+x…÷∫…⁄ S…i… V…x…V…… i… 86

+x™… …UÙc˜… ¥…M…« 460

∂……Æ˙“ Æ˙EÚ ∞¸… ∫…‰ ¥…EÚ±……∆M… 43

+x™… ¥…M…« 1001

EÚ®…«S…… Æ˙™……Â EÚ“ E÷Ú±… ∫…∆J™…… 1900

9.4 EÚ®…«S…… Æ˙™……Â E‰ ¥…¥…Æ˙h… :

¥…k…“™… ¥…π…« 2011-12 E‰Ú n˘…ËÆ˙…x…, E∆Ú…x…“ E‰Ú EÚ∫…“ ¶…“ EÚ®…«S……Æ˙“ EÚ…‰ E∆Ú…x…“ (EÚ®…«S…… Æ˙™……Â EÚ… ¥…¥…Æ˙h…) ∫…∆∂……‰v…x… x…™…®…, 2011 E‰Ú ∫……l…… `ˆi… E∆Ú…x…“ + v… x…™…®…, 1956 EÚ“ v……Æ˙… 217 (2B) E‰Ú +v…“x… x…v……« Æ˙i… Æ˙EÚ®… ∫…‰ + v…EÚÚ …… Æ˙∏… ®…EÚ |……i… x…Ω˛” Ω÷+… l……*

10. ∫…®…x…÷π…∆M…“ E∆Ú…x…“

+……EÚ“ E∆Ú…x…“ x…‰ BEÚ“EfiÚi… ¥…ËC∫…“x… EÚ…Ï®±…‰C∫… (+…<« ¥…“ ∫…“) … Æ˙™……‰V…x…… EÚ…™……«Œx¥…i… EÚÆ˙x…‰ E‰Ú ±…B 12 ®……S…«, 2012 EÚ…‰ BS…B±…B±…§……™……‰]‰ıEÚ ±… ®…]‰ıb˜, 100% ∫…®…x…÷π…∆M…“ E∆Ú…x…“ EÚ…‰ §…g¯…¥…… n˘™…… ΩË* ¥…ËC∫…“x… E‰Ú =i……n˘x… E‰Ú ±…B ∫]‰ı]ı +…Ï°Ú n˘ +…]«ı b˜Œ§±…™…÷ BS… +…‰ …⁄¥…«+Ω«˛EÚ ∫…÷ ¥…v…… i… ®…±…x……b÷˜ ®…Â S…‰z…Ë E‰Ú ……∫… S…ÂM…±……‰]¬ı]ıı ®…Â x…®……«h……v…“x… ΩË˛‰ * … Æ˙™……‰V…x…… EÚ…‰ Æ˙…π]≈ı“™… ®…Ω˛i¥… … Æ˙™……‰V…x…… E‰Ú ∞¸… ®…Â P……‰ π…i… EÚ“M…<« ΩË i…… EÚ … Æ˙™……‰V…x…… ∫…∫i…“ EÚ“®…i……Â ®…Â ∫……¥…«¶……Ë ®…EÚ ]ı“EÚ…EÚÆ˙h… EÚ…™…«GÚ®… (™…÷ +…<« …“) E‰Ú ±…B ¥…ËC∫…“x……Â E‰ x…Æ∆˙i…Æ˙ +……⁄Ãi… ∫…÷ x…Œ∂S…i…EÚÆ‰M…“* 594 EÚÆ˙…‰b˜ E‰Ú …⁄ƒV…“ … Æ˙¥™…™… E‰Ú ∫……l… … Æ˙™……‰V…x…… 585 n˘∂…±…I… b˜…‰∫…∫… EÚ“ ¥……Ãπ…EÚ =i……n˘x… I…®…i…… E‰Ú ∫……l… ¶……Æ˙i… ®…Â ¥…ËC∫…“x…∫…÷Æ˙I…… EÚ“ §…g¯…¥…… n‰˘x…‰ E‰Ú ±…B ±…I™… EÚÆ˙i…“ ΩË˛*

+…<« ¥…“ ∫…“ …Ω˛±…‰ S…Æ˙h… ®…Â …Â]ı…¥……±…Â]ı ∫…∆™……‰V…x… (b˜“ …“ ]ı“ ±…∫… Ω‰˛…]Ëı ]ı∫… §…“ ±…∫… Ω˛§…), §…“ ∫…“ V…“, ®…“ ∫…±∫…, Ω‰˛…]Ëı ]ı∫… §…“, ¡⁄®…x…ÆË˙§…“∫…, Ω˛§… +…ËÆ˙ V…Ë…x…“∫… BŒx∫…°Ú… ±… ]ı∫… (V…‰ <«) ¥…ËC∫…“x……Â EÚ… ¥… x…®……«h… EÚÆ‰˙M……* n⁄˘∫…Æ‰˙ S…Æ˙h… ®…Â, ®…‰ x…xM……‰EÚ…‰CEÚ±…, x™…⁄®……‰EÚ…‰EÚ±… +…ËÆ˙Æ˙…‰]ı…¥…ËÆ˙±… ¥…ËC∫…“x… V…Ë∫…‰ x…B ¥…ËC∫…“x……Â EÚ…‰ ¥…EÚ ∫…i… EÚÆ˙E‰Ú ¥… x…®……«h… EÚB V……B∆M…‰*

∫…÷ ¥…v…… 3 ¥…π……Á EÚ“ +¥… v… E‰Ú +∆n˘Æ˙ |……Æ∆˙¶… Ω˛…‰ V……x…‰ EÚ“ |…i…“I…… ®…Â ΩË˛*


9. HUMAN RESOURCES

9.1. Human Resources Development; Training of Employees

Your company gives top most priority for capacity building and talent development of its employees. Duringthe year under review, the company organized various training programmes involving 1101 man days forexecutives and 2036 man days for workmen.

9.2 Industrial Relations

The year 2011-12 witnessed harmonious industrial relations in the company as in the previous years.

9.3 Reservation for SC /ST/OBC and physically challenged

The company continues to follow the presidential directives in respect of reservation to SC/ST/OBCCommunities and efforts are taken to fulfill the directives in Recruitment and Promotion. Focused effortswere taken to attract SC/ST/OBC communities through Special Recruitment Drives.

The representation of SC/ST/OBC/Physically Challenged categories in the total employee strength as on01.04.2012 is given below:

Description No. of employees

Representation of : SC 310

ST 86

OBC 460

Physically challenged 43

Other categories 1001

Total strength of Employees 1900

9.4. Particulars of Employees

During the financial year 2011-12, no employee of the company was in receipt of remuneration in excess ofthe sum prescribed under Section 217 (2A) of the Companies Act, 1956, read with the Companies (Particularsof Employees) Amendment Rules, 2011.

10. SUBSIDIARY COMPANY

Your company has promoted a 100% subsidiary company by name “HLL Biotech Ltd.” on 12th March 2012, toimplement Integrated Vaccines Complex (IVC) project. The state-of-the-art WHO pre-qualified facility forproduction of Vaccines is under construction at Chengalpattu near Chennai in Tamil Nadu. The Project hasbeen declared as project of national importance, as it will ensure uninterrupted supply of vaccines for theUniversal Immunization Programme (UIP) at affordable prices. The Project with a capital outlay of ` 594 Cr.aims to boost the vaccine security of India, with an annual production capacity of 585 million doses.

IVC will manufacture Pentavalent combination (DPT plus Hep. B plus Hib), BCG, Measles, Hepatitis B,Human Rabies, Hib and Japanese Encephalitis (JE) vaccines in the first phase. In the second phase, newervaccines such as meningococcal, pneumococal and rotaviral vaccines will be developed and manufacturedin this facility.

The facility is expected to be commissioned within a period of 3 years.

34 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

11. ∫…∆™…÷HÚ =t®… E∆Ú…x…“

∫…®…“I……v…“x… ¥…π…« E‰Ú n˘…ËÆ˙…x… ¥…π…« 2010-11 E‰Ú ±…B ( 4.53 EÚÆ˙…‰c˜) ±……<¢Úœ∫|…M… +∫…i……±… |……<¥…‰]ı ±… ®…]‰ıb (BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙+…ËÆ˙ +E÷Ú®…x… °∆Úb˜ E‰Ú §…“S… ®…Â 50 : 50 ∫…∆™…÷HÚ =t®… E∆Ú…x…“) E‰Ú ¥™…¥…∫……™… +…™… EÚ“ i…÷±…x…… ®…Â 22% ¥…fi r˘ EÚÆ˙E‰Ú 5.55 EÚÆ˙…‰c˜ i…EÚ §…g¯M…™……*

E∆Ú…x…“ +§… n˘∫… (10) +∫…i……±……Â E‰Ú x…B C±…∫]ıÆ˙ ∫l…… …i… EÚÆ˙x…‰ E‰Ú ±…B 10 EÚÆ˙…‰b˜ EÚ“ … Æ˙™……‰V…x…… ±……M…i… E‰Ú +l…« |…§…∆v… EÚÆ˙x…‰ E‰Ú ±…Bx…B x…¥…‰∂…EÚ ∫…‰ ` 15 EÚÆ˙…‰b˜ E‰Ú <ŒC¥…]ı“ …⁄ƒV…“ §…g¯…x…‰ EÚ“ |… GÚ™…… ®…Â ΩË +…ËÆ˙ ` 5 EÚÆ˙…‰b˜ E‰Ú ¥…t®……x… §…ÈEÚ ¥…k… …⁄¥…«n‰™… ΩË*

12. Æ˙…V…¶……π…… EÚ…™……«x¥…™…x…

∫…®…“I……v…“x… ¥…π…« E‰Ú n˘…ËÆ˙…x…, +……EÚ“ E∆Ú…x…“ ¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ EÚ“ Æ˙…V…¶……π…… x…“ i… …Æ˙®… x…π`ˆ… E‰Ú ∫……l… EÚ…™……«Œx¥…i… EÚÆ˙x…… V……Æ˙“ Æ˙Ω˛“ ΩË* E∆Ú…x…“x…‰ 281 EÚ®…«S…… Æ˙™……Â EÚ…‰ ÀΩ˛n˘“ ®…Â +…x…… EÚ…™…« x…¶……x…‰ E‰Ú ±…B I…®…i…… §…g¯…x…‰ EÚ“ +…‰Æ˙ ÀΩ˛n˘“ ®…Â |… ∂…I…h… n˘B* <∫…E‰Ú +±……¥……, 42EÚ®…«S…… Æ˙™……Â EÚ…‰ +…x…‰ EÚ…™……«±…™…“x… EÚ…™…« ÀΩ˛n˘“ ®…Â EÚÆ˙x…‰ E‰Ú ±…B |……‰i∫……Ω˛x… n˘B M…B*

¥…π…« E‰Ú n˘…ËÆ˙…x… +……EÚ“ E∆Ú…x…“ x…‰ ÀΩ˛n˘“ …J…¥……c˜… ∫…®……Æ˙…‰Ω˛ ®…x……™……* ∫…®……Æ˙…‰Ω˛ E‰ÚÆ˙±… E‰Ú ∫…®®……x…x…“™… O……®…“h… ¥…EÚ…∫…, ™……‰V…x…… B¥…∆ ∫……∆∫EfiÚ i…EÚ®…∆j…“ ∏…“ E‰Ú.∫…“.V……‰∫…°Ú u˘…Æ˙… =n¬˘P……]ıx… EÚB M…B * ∫…®………x… ∫…®……Æ˙…‰Ω EÚ… =n¬˘P……]ıx…˛, E‰ÚÆ˙±… E‰Ú ∫…®®……x…x…“™… +x…÷∫…⁄ S…i… V…… i… B¥…∆ …UÙb‰˜¥…M…« EÚ… EÚ±™……h… B¥…∆ …™…«]ıx… ®…∆j…“, ∏…“ B.…“.+ x…±…E÷Ú®……Æ˙ u˘…Æ˙… EÚB M…B*

+……EÚ“ E∆Ú…x…“ x…‰ EÚ…™……«±…™…“x… … j…EÚ…, "∫…®…x¥…™……" +…ËÆ˙ =∫…E‰Ú ¥…∂…‰π… +∆EÚ +…ËÆ˙ uË˘®…… ∫…EÚ x™…⁄W… ±…‰]ıÆ˙ 'EÚ…Ï……ÊÆ‰˙]ı x™…⁄W…' ÀΩ˛n˘“ ®…Â |…EÚ… ∂…i… EÚB*

+……EÚ“ E∆Ú…x…“ x…‰ <∫… ¥…π…« ®…Â ¶……Æ˙i… ∫…Æ˙EÚ…Æ ∫…‰ <∆ n˘Æ˙… M……∆v…“ Æ˙…π]≈ı“™… B¥……b« Ω˛… ∫…±… EÚ™…… ΩË* Æ˙…V…¶……π…… EÚ…™……«x¥…™…x… ®…Â E∆Ú…x…“ u˘…Æ˙… §…x……B∏…‰π`ˆi…®… x…π……n˘x… E‰Ú B¥……b« ¶……Æ˙i… E‰Ú ∫…®®……x…x…“™… Æ˙…π]≈ı… i… E‰Ú EÚÆ˙EÚ®…±……Â ∫…‰ b˜…Ï.B®….+™™……x…, +v™…I… B¥…∆ |…§…∆v… x…n‰∂…EÚ u˘…Æ˙… |……i… EÚ™……M…™……*

+……EÚ“ E∆Ú…x…“ EÚ…‰ +…x…“ … j…EÚ… '∫…®…x¥…™……' +…ËÆ˙ Æ˙…V…¶……π…… x…“ i… E‰Ú EÚ…™……«x¥…™…x… E‰Ú ±…B x…M…Æ˙ Æ˙…V…¶……π…… EÚ…™……«x¥…™…x… ∫… ®… i… (]ı…‰ ±…EÚ) ∫…‰¶…“ B¥……b«˜ |……i… Ω÷˛B*

13. ∫…i…E«Úi……

BS…B±…B±… ∫…i…E«Úi…… ¥…¶……M… EÚ… ®…Ω˛i¥… x…¥……Æ˙EÚ ∫…i…E«Úi…… …Æ˙ ΩË +…ËÆ˙ <∫…EÚ…‰˛ ∫…÷ x…Œ∂S…i… EÚÆ˙x…‰ EÚ“ +…‰Æ˙ EÚ…™…«EÚ±………Â +…™……‰ V…i… EÚB V……i…‰ΩÈ˛* ¥…¶……M… +…x…‰ EÚ…™…« EÚÆ˙x…‰ E‰Ú Ω˛∫∫…‰ E‰Ú ∞¸… ®…Â +x¥…‰π…h…, …⁄UÙi……UÙ˛ +…ËÆ˙ +…¥… v…EÚ +…EÚŒ∫®…EÚ V……ƒS… +…™……‰ V…i… EÚÆ˙i…… ΩË˛* ∫…I…®…|…… v…EÚ…Æ˙“ = S…i… EÚ…Æ«˙¥……<« E‰Ú ±…B ∫…®…™…-∫…®…™… …Æ˙ ∫…i…E«Úi…… ¥…¶……M… EÚ‰ x…πEÚπ…« EÚ… ®…⁄±™……∆EÚx… EÚ™…… V……i…… ΩË˛*

¥…¶……M…, E‰Úxp˘“™… ∫…i…E«Úi…… EÚ®…“∂…x… +…ËÆ˙ ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ®…∆j……±…™… E‰Ú ∫…i…E«Úi…… ∫E∆Úv… E‰Ú ∫……l… ∫…i…E«Úi…… ∫…‰ ∫…∆§…∆ v…i… x…nÊ∂……Â EÚ‰EÚ…™……«x¥…™…x… E‰Ú ±…B §……i…S…“i… EÚÆ˙i…… ΩË˛* ¥…¶……M…, E∆Ú…x…“ E‰Ú ¥… ¥…v… ™…⁄ x…]ı…Â/EÚ…™……«±…™……Â ®…Â ∫…i…E«Úi…… ∫…‰ ∫…∆§…∆ v…i… EÚ…™…«EÚ±…………Â EÚ… ∫…®…x¥…™…x…EÚÆ˙E‰Ú BS…B±…B±… E‰Ú EÚ®…«S…… Æ˙™……Â E‰Ú §…“S… ®…Â ∫…i…E«Úi…… V……M…∞¸EÚi…… ®…Â ∫…÷v……Æ˙ ±……x…‰ …Æ˙ ±…I™… EÚÆ˙i…… ΩË˛*

13.1 <«®……x…n˘…Æ˙“ ∫…®…Z……Ëi…… x…“ i… EÚ… + ¶…O…Ω˛h…

∫…i…E«Úi…… +…ËÆ˙ +v…“I…h… E‰Ú ¶……M… E‰Ú ∞¸… ®…Â, E‰Úxp˘“™… ∫…i…E«Úi…… EÚ®…“∂…x… ∫…Æ˙EÚ…Æ˙/∫……¥…«V… x…EÚ =t®……Â E‰Ú ∫……¥…«V… x…EÚ |………h… ±…‰x…-n‰˘x… ®…Â<«®……x…n˘…Æ˙“, ……Æ˙n˘Ã∂…i……, <ŒC¥…]ı“ +…ËÆ˙ |… i…∫…v……«i®…EÚi…… EÚ… |……‰z…®…x… EÚ™…… V…… Æ˙Ω˛… ΩË˛* E‰Úxp˘“™… ∫…i…E«Úi…… EÚ®…“∂…x… x…‰ +…x…‰ EÚ…™……«±…™…+…n‰˘∂……Â E‰Ú W… Æ˙B <«®……x…n˘…Æ˙“ ∫…®…Z……Ëi…‰ E‰Ú +…x……x…‰ EÚ“ ∫…°Ú… Æ˙∂… EÚ“ ΩË˛ +…ËÆ˙ ∫…Æ˙EÚ…Æ˙“ ∫…∆M…`ˆx……Â ®…Â |…®…÷J… |………h……Â E‰Ú ∫…∆§…∆v… ®…Â =∫…E‰ÚEÚ…™……«x¥…™…x… E‰Ú ±…B §…÷ x…™……n˘“ ®……M…«n˘∂…«x… |…n˘…x… EÚ™…… ΩË*

∫…“ ¥…“ ∫…“ ∫…°Ú… Æ˙∂……Â +…ËÆ˙ ∫……¥…«V… x…EÚ =t®… ¥…¶……M… u˘…Æ˙… V……Æ˙“ EÚ….Y…….∫…∆.b˜“ …“ <« /13(12)/11- ¥…k…, n˘x……∆EÚ 9 ∫…i…∆§…Æ˙ 2011 E‰Ú+x…÷∫……Æ˙, E∆Ú…x…“ +…ËÆ˙ =x…E‰Ú +……⁄Ãi…EÚ…Æ˙…Â +…ËÆ˙ ‰ˆE‰Ún˘…Æ˙…Â E‰Ú §…“S… ®…Â ∫…¶…“ EÚ…™…«EÚ±…………Â +…ËÆ˙ ±…‰x…-n‰˘x… EÚ…‰ x…π…I…, ……Æ˙n˘∂…‘ +…ËÆ˙ ß…π]ı…S……Æ˙-®…÷HÚ i…Æ˙“E‰Ú ®…Â x……]ı…x… ∫…÷ x…Œ∂S…i… EÚÆ˙x…‰ EÚ“ +…‰Æ˙ +……EÚ“ E∆Ú…x…“ x…‰ <«®……x…n˘…Æ˙“ ∫…®…Z……Ëi…… x…“ i… +…x…… ±…“ ΩË˛*


11. JOINT VENTURE COMPANY

During the year under review, the business income (` 5.55 Cr.) of LifeSpring Hospitals (P) Ltd. (50:50 jointventure between HLL Lifecare and Acumen Fund) grew by 22% as compared to business income for year2010-11 (` 4.53 Cr.).

The company is now in the process of raising equity capital of ` 15 Cr. from a new investor to finance theproject cost of ` 10 Cr. for setting up a new cluster of ten (10) hospitals and prepay existing bank finance of` 5 Cr.

12. IMPLEMENTATION OF OFFICIAL LANGUAGE

During the year under review, your Company continued to implement Official Language Policy of theGovernment of India with utmost devotion. The company imparted training to 281 employees in Hindi toenhance capability to discharge their duties in Hindi. Besides that 42 employees were given incentives fordoing their official work in Hindi.

Your Company conducted Hindi Fortnight Celebration during the year. The celebration was inaugurated byShri K.C. Joseph, Hon’ble Minister for Rural Development, Planning & Culture, Govt. of Kerala. The valedictorysession was inaugurated by Shri A.P. Anilkumar Hon’ble Minister for Welfare of Scheduled Castes & BackwardClasses & Tourism, Govt. of Kerala.

Your Company published the in-house magazine “Samanvaya” and its special issue and bimonthly Newsletter “Corporate News” in Hindi.

Your Company bagged the coveted Indira Gandhi National shield (Second Prize) this year from the Governmentof India. The award was received by Dr. M. Ayyappan, Chairman & Managing Director from the Hon’blePresident of India for the outstanding performance made by the Company in Official Language Implementation.

Your Company also received awards from Town Official Language Implementation Committee (TOLIC) forits magazine “Samanvaya” as well as for implementation of OL policy.

13. VIGILANCE

The thrust of HLL Vigilance Department is on preventive vigilance and activities are geared towards ensuringthis. The Department conducts investigations/enquiries, periodic as well as surprise checks, as a part of itsfunctioning. The competent authority is appraised of the findings of Vigilance Department from time to timefor appropriate action.

The Department interacts with Central Vigilance Commission and the Vigilance Wing of Ministry of Healthand Family Welfare to implement vigilance related directives. The Department aims at improving the vigilanceawareness among employees of HLL by coordinating vigilance related activities across the different units/offices of the company.

13.1 Adoption of Integrity Pact Policy

The Central Vigilance Commission has been promoting integrity, transparency, equity and competitivenessin Public procurement transactions of Government/ PSUs as a part of vigilance administration andsuperintendence. The Central Vigilance Commission has, through its Office Orders recommended adoptionof Integrity Pact and provided basic guidelines for its implementation in respect of major procurements in theGovernment Organizations.

In line with CVC recommendations and O.M. No. DPE/13(12)/11-Fin. Dated 9th September 2011 issued bythe Department of Public Enterprises (DPE) your Company has adopted Integrity Pact Policy, in order toensure that all activities and transactions between the company and their suppliers and contractors aredealt in a fair, transparent and corruption-free manner.

36 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

14. x…n‰˘∂…EÚ…Â E‰Ú n˘… ™…i¥… ¥…¥…Æ˙h…

E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ v……Æ˙… 217(2 B B) E‰Ú +…‰I……+…Â E‰Ú +x…÷∫……Æ˙, +……E‰Ú x…n‰∂…EÚ…‰∆ x…‰ …÷Œπ]ı n˘“ ΩË EÚ:

EÚ) ¥……Ãπ…EÚ ±…‰J……Â EÚ“ i…Ë™……Æ˙“ ®…Â, ™… n˘ EÚ…‰<« ®……±… ¥…S…±…x… E‰Ú ∫…∆§…∆v… ®…Â = S…i… ∫…π]ı“EÚÆ˙h… E‰Ú ∫……l… =…™…÷HÚ ±…‰J…… ®……x…EÚ…Â EÚ………±…x… EÚ™…… M…™…… ΩË˛ *

J…) B‰∫…“ ±…‰J…… x…“ i…™……Â EÚ… S…™…x… EÚ™…… ΩË˛ i…l…… ∫…÷∫…∆M…i… ∞¸… ∫…‰ =x…EÚ…‰ |…™…÷HÚ EÚ™…… i…l…… ¥…¥…‰EÚ“ B¥…∆ ∫…®…Z…n˘…Æ˙ x…h…«™… B¥…∆+…EÚ±…x… §…x……B M…B i…… EÚ =∫… +¥… v… E‰Ú ±…B ¥…k…“™… ¥…π…« E‰Ú +∆i… ®…Â +…ËÆ˙ +……EÚ“ E∆Ú…x…“ E‰Ú ±……¶… …Æ˙ E∆Ú…x…“ E‰Ú EÚ…™……Á …Æ˙∫…Ω˛“ B¥…∆ ∫……°Ú ¥…¥…Æ˙h… n‰˘x…… ΩË˛*

M…) E∆Ú…x…“ EÚ“ … Æ˙∫…∆… k…™……ƒ ∫…÷Æ˙ I…i… Æ˙J…x…‰ +…ËÆ˙ EÚ…]ı i…l…… +x™… + x…™… ®…i…i……+…Â EÚ…‰ Æ˙…‰EÚx…‰ B¥…∆ …i…… ±…M……x…‰ E‰Ú ±…B E∆Ú…x…“+ v… x…™…®…, 1956 E‰Ú |……¥…v……x……‰∆ E‰Ú +x…÷∫……Æ˙ …™……«i… ±…‰J…… E‰Ú + ¶…±…‰J……Â E‰Ú +x…÷Æ˙I…h… E‰Ú ±…B = S…i… +…ËÆ˙ …™……«i… v™……x… n˘™…… ΩË˛˛ *

P…) ±……¶…EÚ…Æ˙“ EÚ…Æ˙…‰§……Æ˙¥……±…… E‰Ú +…v……Æ …Æ ¥……Ãπ…EÚ ±…‰J…… i…Ë™……Æ EÚ™…… M…™…… ΩË˛ *

15. ∫…®…‰ EÚi… ¥…k…“™… ¥…¥…Æ˙h…

BEÚ…EÚ“ ∫…∆™…÷HÚ =t®… E∆Ú…x…“ ∫…‰ |……i… =∫…E‰Ú x…n‰∂…EÚ ®…∆b˜±… u˘…Æ˙… +x…÷®……‰ n˘i… ¥…k…“™… ¥…¥…Æ˙h… …Æ˙ +…v…… Æ˙i… ±…‰J…… …Æ˙“ I…i… ∫…®…‰ EÚi… ¥…k…“™… ¥…¥…Æ˙h… ±…‰J…… ®……x…EÚ 27 (B B∫… - 27) - E∆Ú…x…“ (±…‰J…… ®……x…EÚ) x…™…®…, 2006 ®…Â ±……M…⁄ V…Ë∫…‰ … `ˆ¯i… E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ v……Æ˙…211 (3 ∫…“) E‰Ú +v…“x… + v…∫…⁄ S…i… '∫…∆™…÷HÚ =t®…' ®…Â ¥…k…“™… Æ˙……‰Õ]ıM… + v… x…™…®… - E‰Ú +x…÷∫……Æ˙ i…Ë™……Æ˙ EÚ™…… M…™…… ΩË˛*

100% ∫…®…x…÷π…∆M…“ E∆Ú…x…“ - BS…B±…B±… §……™……‰]‰ıEÚ EÚ… |…l…®… ±…‰J…… ¥…π…« 12 ®……S…« 2012 ∫…‰ 31 ®……S…« 2013 i…EÚ x…™…i… EÚ™…… M…™……* +i…&BS… §…“ B±… EÚ… ¥……Ãπ…EÚ ¥…k…“™… ¥…¥…Æ˙h… 31 ®……S…« 2013 E‰Ú §……n˘ Ω˛“ i…Ë™……Æ˙ EÚ™…… V……BM…… +…ËÆ˙ <∫… ±…B B B∫… 27 E‰Ú +x…÷∫……Æ˙ BS… §…“ B±…E‰Ú ±…B ∫…®…‰ EÚi… ¥…k…“™… ¥…¥…Æ˙h… EÚ… |…∫i…÷i…“EÚÆ˙h… ¥…π…« 2011-12 E‰Ú ±…B ±……M…⁄ x…Ω˛” ΩË˛*

16. ∫……∆ ¥… v…EÚ ±…‰J………Æ˙“I…EÚ

¶……Æ˙i… E‰Ú x…™…∆j…EÚ B¥…∆ ®…Ω˛… ±…‰J………Æ˙“I…EÚ (∫…“ & B V…“) x…‰ E∆Ú…x…“ + v… x…™…®…, 1956 EÚ“ v……Æ˙… 619(2) E‰Ú +v…“x… ®…Ë∫…‰∫…« +x…∆i…x… &∫…÷∆n˘Æ˙®…, ∫…x…n˘“ ±…‰J……EÚ…Æ˙, i…Ø˚¥…x…∆i……÷Æ˙®… EÚ…‰ ¥…π…« 2011-12 E‰Ú ±…B E∆Ú…x…“ E‰Ú ∫……∆ ¥… v…EÚ ±…‰J………Æ˙“I…EÚ…Â E‰Ú ∞¸… ®…Â x…™…÷HÚ EÚ™…… ΩË˛* x…™…∆j…EÚ B¥…∆ ®…Ω˛… ±…‰J………Æ˙“I…EÚ x…‰ =xΩÂ˛ ¥…π…« 2012-13 E‰Ú ±…B ¶…“ ∫……∆ ¥… v…EÚ ±…‰J………Æ˙“I…EÚ…Â E‰Ú ∞¸… ®…Â x…™…÷HÚ EÚ™…… ΩË˛*

17. ±……M…i… ±…‰J………Æ˙“I…EÚ

E∆Ú…x…“ + v… x…™…®…, 1956 EÚ“ v……Æ˙… 233 §…“ E‰Ú +x…÷∫……Æ˙, E‰Úxp˘ ∫…Æ˙EÚ…Æ˙ x…‰ EÚx…M…±……, §…‰±…M……®… ®…Â E∆Ú…x…“ E‰Ú §…±EÚ b≈M… +…ËÆ˙ ∫…⁄j…“EÚÆ˙h… |…¶……M…EÚ“ ±……M…i… ±…‰J………Æ˙“I…… x…v……« Æ˙i… EÚ™…… ΩË* ±…‰J………Æ˙“I…… ∫… ®… i… EÚ“ ∫…°Ú… Æ˙∂… E‰Ú +…v……Æ˙ …Æ˙ +…ËÆ˙ E‰Úxp˘ ∫…Æ˙EÚ…Æ˙ E‰Ú +x…÷®……‰n˘x… E‰Ú +x…÷∫……Æ˙, x…n‰˘∂…EÚ ®…∆b˜±… x…‰ 31 ®……S…« 2013 EÚ…‰ ∫…®……i… S……±…⁄ ¥…k…“™… ¥…π…« E‰Ú ±…B E∆Ú…x…“ E‰Ú ±……M…i… ±…‰J………Æ˙“I…EÚ E‰Ú ∞¸… ®…Â ®…Ë∫…‰∫…«B.V…“.+ x…±…ÀJ…n˘“ & E∆Ú., ±……M…i… ±…‰J……EÚ…Æ˙, EÚ…‰±Ω˛……⁄Æ˙, ®…Ω˛…Æ˙…π]≈ı… EÚ…‰ x…™…÷HÚ EÚ™…… ΩË˛* ®…Ë∫…‰∫…« B.V…“.+ x…±…ÀJ…n˘“ & E∆Ú. 31 ®……S…«2012 EÚ…‰ ∫…®……i… …UÙ±…‰ ¥…π…« E‰Ú ±…B ¶…“ ±……M…i… ±…‰J………Æ˙“I…EÚ l…‰* ±……M…i… ±…‰J………Æ˙“I…… Æ˙……‰]«ı ∫…®…™… …Æ˙ E‰Úxp˘ ∫…Æ˙EÚ…Æ˙ E‰Ú ∫……l… °Ú…<±…EÚÆÂM…‰*


14. DIRECTORS’ RESPONSIBILITY STATEMENT

Pursuant to the requirements of Section 217 (2 AA) of the Companies Act, 1956, your Directors confirmhaving:

a) followed in the preparation of the Annual Accounts, the applicable accounting standards with properexplanation relating to material departures, if any;

b) selected such accounting policies and applied them consistently and made judgments and estimatesthat are reasonable and prudent so as to give a true and fair view of the state of affairs of yourcompany at the end of the financial year and of the profit of your company for that period;

c) taken proper and sufficient care for the maintenance of adequate accounting records in accordancewith the provisions of the Companies Act, 1956, for safeguarding the assets of your company andfor preventing and detecting fraud and other irregularities; and

d) prepared the Annual Accounts on a going concern basis.

15. CONSOLIDATED FINANCIAL STATEMENTS

The Audited Consolidated Financial Statements based on the financial statements received from the lonejoint venture company as approved by its Board of Directors, have been prepared in accordance with AccountingStandard 27 (AS-27) – Financial Reporting of Interests in Joint Ventures, notified under Section 211(3C) ofthe Companies Act, 1956 read with Companies (Accounting Standards) Rules, 2006 as applicable.

The first accounting year of 100% Subsidiary company - HLL Biotech Ltd. (HBL) – has been fixed from 12th

March, 2012 to 31st March, 2013. Hence, the annual financial statements of HBL will be prepared only after31st March, 2013 and therefore presentation of consolidated financial statement for HBL as per AS 27 is notapplicable for year 2011-12.

16. STATUTORY AUDITORS

The Comptroller and Auditor General of India (C&AG) appointed M/s. Ananthan & Sundaram, CharteredAccountants, Thiruvananthapuram as Statutory Auditors of the Company for the year 2011-12 under Section619 (2) of the Companies Act, 1956. The C & AG has appointed them as Statutory Auditors for the year 2012-13 also.

17. COST AUDITORS

Pursuant to Section 233B of the Companies Act, 1956, the Central Government has prescribed Cost Audit ofthe Company’s Bulk Drug and Formulation divisions at Kanagala, Belgaum. Based on the recommendationsof the Audit Committee, and subject to the approval of the Central Government, the Board of Directorsappointed M/s. A.G.Anilkhindi & Co., Cost Accountants, Kolhapur, Maharashtra as Cost Auditors of the Companyfor current financial year ending 31st March 2013. M/s. A.G.Anilkhindi & Co. were also the Cost Auditors for theprevious year ended 31st March 2012. The Cost Audit report would be filed with the Central Government asper timeline.

38 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

18. ∫…⁄S…x…… + v…EÚ…Æ˙ + v… x…™…®… 2005

BS…B±…B±… ®…Â ∫…⁄S…x…… + v…EÚ…Æ˙ + v… x…™…®… 2005 (+…Æ˙ ]ı“ +…<«) ¥…π…« 2005-06 ∫…‰ EÚ…™……«Œx¥…i… EÚ™…… M…™……* + v… x…™…®… E‰Ú +x…÷∫……Æ˙E∆Ú…x…“ x…‰ V…x…∫…⁄S…x…… + v…EÚ…Æ˙“, ∫…Ω˛…™…EÚ V…x…∫…⁄S…x…… + v…EÚ… Æ˙™……Â +…ËÆ˙ +…“±…“ |…… v…EÚ…Æ˙“ E‰Ú x……®… E∆Ú…x…“ E‰Ú ¥…‰§…∫……<]ı ®…Â |…EÚ… ∂…i… EÚ™…… ΩË*

+…Æ˙ ]ı“ +…<« +…¥…‰n˘x… |……i…, x……]ı…x… EÚB +… n˘ EÚ“ ∫…∆J™…… x…“S…‰ n˘B V……i…‰ ΩÈ˛ :

1 +|…Ë±… 2011 E‰Ú n˘…ËÆ˙…x… ±…∆ §…i… +…Æ˙ ]ı“ +…<« +…¥…‰n˘x……‰∆ EÚ“ ∫…∆J™…… 05

¥…π…« 2011-12 E‰Ú n˘…ËÆ˙…x… |……i… +…Æ˙ ]ı“ +…<« +…¥…‰n˘x……‰∆ EÚ“ ∫…∆J™…… 43

¥…π…« 2011-12 E‰Ú n˘…ËÆ˙…x… x……]ı…x… EÚB +…Æ˙ ]ı“ +…<« +…¥…‰n˘x……‰∆ EÚ“ ∫…∆J™…… 45

31 ®……S…« 2012 i…EÚ ±…∆ §…i… +…Æ˙ ]ı“ +…<« +…¥…‰n˘x……‰∆ EÚ“ ∫…∆J™…… 03

19. >V……« ∫…∆Æ˙I…h…, i…EÚx…“EÚ“ +…®…‰±…x…, ¥…n‰∂…“ ®…÷p˘… +V…«x…/¥™…™…

E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ v……Æ˙… 217 (1) (<˜˜«) E‰Ú ∂…i……Á E‰Ú +x…÷∫……Æ˙ E∆Ú…x…“ x…™…®… 1988 E‰Ú +v…“x… ( x…n‰˘∂…EÚ ®…∆b˜±… EÚ“ Æ˙……‰]«ı ®…Â ¥…¥…Æ˙h……‰∆ E‰Ú |…EÚ]ı“EÚÆ˙h…) 31.03.2012 EÚ…‰ ∫…®……i… ¥…π…« E‰Ú ±…B >V……« ∫…∆Æ˙I…h…, i…EÚx…“EÚ“ +…®…‰±…x…, ¥…n‰∂…“ ®…÷p˘… +V…«x…/¥™…™… ∫…‰ ∫…∆§…∆ v…i…+…‰ I…i… ∫…⁄S…x…… +x…÷§…∆v…ı - EÚ E‰Ú ∞¸… ®…Â n˘“ V……i…“ ΩË˛ V……‰ <∫… Æ˙……‰]«ı EÚ… ¶……M… ΩË˛*

20. EÚ…Ï……ÊÆ‰]ı ∫……®…… V…EÚ =k…Æ˙n˘… ™…i¥… …Æ˙ Æ˙……‰]«ı

+……EÚ“ E∆Ú…x…“ ¥™…¥…∫……™… E‰Ú EÚ…Ï……ÊÆ‰˙]ı ∫……®…… V…EÚ =k…Æ˙n˘… ™…i¥… ®…Â <«®……x…n˘…Æ˙“ ∫…‰ ¥…∑……∫… EÚÆ˙i…“ ΩË S…⁄ƒ EÚ ™…Ω˛ ¥…EÚ…∫… |……i… EÚÆ˙x…‰ ®…Â BEÚ x…h……«™…EÚ ¶…⁄ ®…EÚ… x…¶……i…“ ΩË˛˛* <∫… Æ˙……‰]«ı E‰Ú Ω˛∫∫…‰ E‰Ú ∞¸… ®…Â, ¥…π…« E‰Ú n˘…ËÆ˙…x… E∆Ú…x…“ E‰Ú ∫……®…⁄ Ω˛EÚ ∫……®…… V…EÚ =k…Æ˙n˘… ™…i¥… EÚ…™…«EÚ±…………Â∫…‰ ∫…∆§…∆ v…i… Æ˙……‰]«ı +x…÷§…∆v… -J… E‰Ú ∞¸… ®…Â n˘“ V……i…“ ΩË˛*

21. EfiÚi…Y…i……

+……E‰Ú x…n‰˘∂…EÚ ¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ E‰Ú ¥… ¥…v… ¥…¶……M……Â ∫…‰, ¥…∂…‰π…i…& ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ®…∆j……±…™… ∫…‰ |……i… ∫…®…l…«x… +…ËÆ˙ ∫…Ω˛…™…i…… E‰Ú ±…B +…x…‰ BΩ˛∫……x…®…∆n˘ |…∂…∆∫…… ¥™…HÚ EÚÆ˙x…… S……Ω˛i…‰ ΩÈ* +……E‰Ú x…n‰∂…EÚ =…¶……‰HÚ…+…Â +…ËÆ˙ +x™… ¥™…¥…∫……™… ∫…Ω˛™……‰ M…™……Â ∫…‰ |……i… ∫…Ω˛™……‰M… +…ËÆ˙®…⁄±™…¥……x… ∫…®…l…«x… E‰Ú ±…B +…x…“ |…∂…∆∫…… Æ˙EÚ…‰b«˜ EÚÆ˙x…… S……Ω˛i…‰ ΩÈ˛* +…M…‰ +……E‰Ú x…n‰˘∂…EÚ, BS…B±…B±… E‰Ú ®…÷J™… §…ÈEÚÆ˙, ∫]‰ı]ı §…ÈEÚ +…Ï°Ú<∆ b˜™…… E‰Ú |… i… ∫…SS…… +…¶……Æ˙ |…EÚ]ı EÚÆ˙i…‰ ΩÈ* +……E‰Ú x…n‰∂…EÚ E∆Ú…x…“ E‰Ú x…Æ∆i…Æ˙ ¥…fi r˘ +…ËÆ˙ ∫…®…fi r˘ E‰Ú ±…B ∫…¶…“ ∫i…Æ˙ E‰Ú EÚ®…«S…… Æ˙™……Â u˘…Æ˙…§…x……B ™……‰M…n˘…x… E‰Ú ±…B ¶…“ +…x…“ |…∂…∆∫…… Æ˙EÚ…‰b«˜ EÚÆ˙x…… S……Ω˛i…‰ ΩÈ˛*

x…n‰˘∂…EÚ ®…∆b˜±… EÚ“ i…Æ˙°Ú ∫…‰

b˜…Ï.B®…. +™™……x…+v™…I… B¥…∆ |…§…∆v… x…n‰˘∂…EÚ

i…Ø˚¥…x…∆i……÷Æ˙®…14 +M…∫i… 2012


18. RIGHT TO INFORMATION ACT, 2005

The Right to Information Act, 2005 (RTI) was implemented in HLL in year 2005-06. In accordance with the Act,the company has published the names of the Public Information Officer, Asst. Public Information Officers andAppellate Authority in the company’s website.

The Number of RTI applications received, disposed off etc. are given below:

No. of RTI applications pending as on 1st April 2011 05

No. of RTI applications received during year 2011-12 43

No. of RTI applications disposed off during year 2011-12 45

No. of RTI applications pending as on 31st March 2012 03

19. CONSERVATION OF ENERGY, TECHNICAL ABSORPTION, FOREIGN EXCHANGE EARNINGS / OUTGO

In terms of Section 217(1) (e) of the Companies Act, 1956, the information regarding Conservation of Energy,Technology Absorption, and Foreign Exchange Earnings and Outgo, required under the Companies(Disclosure of particulars in the Board of Directors Report) Rule 1988, for the year ended 31st March, 2012 isgiven as Annexure-A, forming part of this report.

20. REPORT ON CORPORATE SOCIAL RESPONSIBILITY

Your Company sincerely believes in Corporate Social Responsibility of businesses, since it plays a pivotalrole in achieving inclusive growth.

A report relating to Corporate Social Responsibility activities of the company during the year is given asAnnexure –B, forming part of this report.

21. ACKNOWLEDGEMENTS

Your Directors would like to express their grateful appreciation for the support and assistance received fromvarious departments of Government of India, particularly from the Ministry of Health & Family Welfare. YourDirectors wish to record their appreciation for the co-operation and valuable support received from customersand other business associates. Your Directors further express their sincere gratitude to State Bank of India,the principal bankers of HLL. Your Directors wish to place on record also their appreciation of the contributionsmade by the employees at all levels to the continued growth and prosperity of the company.

For and on behalf of the Board of Directors


Thiruvananthapuram14 August 2012

40 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

+x…÷§…∆v…-EÚ

x…n‰∂…EÚ…Â EÚ“ Æ˙……‰]«ı EÚ… +x…÷§…∆v…E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ v……Æ˙… 217(1) (<«Û) E‰Ú +x…÷∫……Æ˙ ∫…⁄S…x……, ( x…n‰˘∂…EÚ ®…∆b˜±… EÚ“ Æ˙……‰]«ı ®…Â §™……ËÆ˙‰ EÚ… |…EÚ]ı“EÚÆ˙h…) E∆Ú…x…“ x…™…®…1988 +…ËÆ˙ 31 ®……S…« 2012 EÚ…‰ ∫…®……˜˜i… ¥…π…« E‰Ú ±…B x…n‰∂…EÚ…Â EÚ“ Æ˙……‰]«ı E‰Ú ¶……M… EÚ‰ ∞¸… ®…Â …gÂM…‰*

°Ú…®…« J…( x…™…®… 2 n‰J…Â)

¥…¥…Æ˙h… 2010-11 2011-12(EÚ) §…V…±…“ +…ËÆ˙ <∆v…x…1 §…V…±…“EÚ J…Æ˙“n˘“ M…™…“ (™…⁄ x…]ı) E‰Ú b˜Œ§±…™…÷ BS… 14,155,902.00 13,620,063.00

Æ˙… ∂… (`) 58,431,522.20 57,665,572.00n˘Æ˙ / ™…⁄ x…]ı (`) 4.13 4.23

J… x…V…“ =k˜……n˘x…(i) =i˜…… n˘i… ™…⁄ x…]ı (E‰Ú b˜Œ§±…™…÷ BS…) 9,34,317.00 5,57,674.00

BS… B∫… b˜“ i…‰±… EÚ… =…¶……‰M… ( ±…]ıÆ˙) 1,88,911.00 1,42,490.00=i˜˜…… n˘i… ™…⁄ x…]ı/ ±…]ıÆ˙ (E‰Ú b˜Œ§±…™…÷ BS…/ ±…]ıÆ˙) 4.95 3.91±……M…i…/™…⁄ x…]ı (`) 10.54 12.21

(ii) ¶……… ]ıÆ˙§……<x… V…x…Æ‰˙]ıÆ˙ u˘…Æ˙…2. EÚ…‰™…±…… ±……M…⁄ x…Ω˛” ±……M…⁄ x…Ω˛”3. °Úx…«∫… i…‰±… ±……M…⁄ x…Ω˛” ±……M…⁄ x…Ω˛”

… Æ˙®……h… ( ±…]ıÆ˙) 47,76,083.00 47,82,369.00Æ˙… ∂… (`) 144,337,922.13 194,361,861.18n˘Æ˙/™…⁄ x…]ı (`) 30.22 40.64

(J…) =i˜˜……n˘x… E‰Ú |… i… ™…⁄ x…]ı EÚ… =…¶……‰M…(i) E∆Úb˜…‰®…

™…⁄ x…]ı (n˘∂…±…I… +n˘n˘)- =i˜˜……n˘x… (M… g¯i…) 1407.65 1450.29 §…V…±…“ (E‰Ú b˜Œ§±…™…÷ BS…)|… i… n˘∂…±…I… +n˘n˘ (®……x…EÚ 8418) 6709.80 6301.49°Úx…«∫… i…‰±… ( EÚ±……‰ ±…]ıÆ˙) |… i… n˘∂…±…I… +n˘n˘ (®……x…EÚ 6.19) 2.95 2.96EÚ…‰™…±…… ±……M…⁄ x…Ω˛” ±……M…⁄ x…Ω˛”

(ii) EÚ…Ï…Æ˙-]ı“=i˜˜…… n˘i… E÷Ú±… … Æ˙®……h… (n˘∂…±…I… +n˘n˘) 4.29 4.09 §…V…±…“ |… i… n˘∂…±…I… +n˘n˘ (E‰Ú b˜Œ§±…™…÷ BS…) 64,920.00 64,963.00

(iii) ®……±……-b˜“/Bx…, ∫…Ω‰±…“, x……‰¥…‰C∫… B¥…∆ |…¥…∆]ı…‰±…=i˜˜…… n˘i… E÷Ú±… … Æ˙®……h… (n˘∂…±…I… +n˘n˘)®……±……-b˜“/Bx… (n˘∂…±…I… ∫……< EÚ±∫…) 56.20 54.42∫…Ω‰˛±…“, x……‰¥…‰C∫… B¥…∆ |…¥…∆]ı…‰±… B¥…∆ x…B =i˜˜……n˘ 29.72 28.88J……i… EÚ“ M…<« §…V…±…“ (n˘…‰x……Â =i˜˜……n˘) E‰Ú b˜Œ§±…™…÷ BS… 23,85,260.00 9,15,070.52

(iv) §±…b˜ §…ËM…=i˜˜…… n˘i… E÷Ú±… … Æ˙®……h… (n˘∂…±…I… +n˘n˘) 6.41 4.35|… i… §…ËM… §…V…±…“ (E‰Ú b˜Œ§±…™…÷ BS…) 0.30 0.43

(v) ∫™…⁄S…‰∫…«=i˜˜…… n˘i… E÷Ú±… … Æ˙®……h… (±……J… n˘V…«x…) 0.82 1.26 §…V…±…“ |… i… n˘V…«x… (E‰Ú b˜Œ§±…™…÷ BS…) 5.09 3.87


ANNEXURE A

ANNEXURE TO DIRECTORS’ REPORT

Information as per Section 217 (1) (e) of the Companies Act, 1956 read with Companies (Disclosure ofparticulars in the Report of Board of Directors) Rules 1988 and forming part of the Directors' Report for theyear ended 31st March 2012

FORM A(See Rule 2)

Particulars 2010-11 2011-12

(A) Power & Fuel

1. Electricity

(a) Purchased (Units)KWH 1,41,55,902.00 1,36,20,063.00

Amount (`) 5,84,31,522.20 5,76,65,572.00

Rate /Unit (`) 4.13 4.23

(b) Own generation

(i) Units generated (KWH) 9,34,317.00 5,57,674.00

HSD Oil consumption (Ltr) 1,88,911.00 1,42,490.00

Units generated/ Ltr (KWH/Ltr) 4.95 3.91

Cost /Unit (`) 10.54 12.21

(ii) Through Steam Turbine Generator NA NA

2. Coal NA NA

3. Furnace Oil

Quantity (Ltr.) 47,76,083.00 47,82,369.00

Amount (`) 14,43,37,922.13 19,43,61,861.18

Rate /Unit (`) 30.22 40.64

(B) Consumption per unit of production

(i) Condoms

Unit (M. Pcs) – Production (Moulded) 1,407.65 1,450.29

Electricity (KWH) per M. Pcs (Standard 8418) 6,709.80 6,301.49

Furnace Oil (KL) per M. Pcs (Standard 6.19) 2.95 2.96

Coal NA NA

(ii) Copper –T

Total Quantity Produced (M. Pcs) 4.29 4.09

Electricity per M. Pcs (KWH) 64,920.00 64,963.00

(iii) Mala-D/N, Saheli, Novex & Preventol

Total Quantity Produced (M. Pcs)

Mala-D/N (M. Cycles) 56.20 54.42

Saheli, Novex & Preventol and new products 29.72 28.88

Electricity consumed (both products)-KWH 23,85,260.00 9,15,070.52

(iv) Blood Bags

Total Quantity Produced (M. Pcs) 6.41 4.35

Electricity per bag (KWH) 0.30 0.43

(v) Sutures

Total Quantity Produced ( Lacs Dozen) 0.82 1.26

Electricity per Dozen (KWH) 5.09 3.87

42 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

(vi) §…±EÚ b≈M… - ∫…Â]ıGÚ…‰®…Ëx…=i˜…… n˘i… ™…⁄ x…]ı ( EÚ±……‰O……®…) 1001.03 1017.12 §…V…±…“ |… i… EÚ±……‰ (E‰Ú b˜Œ§±…™…÷ BS…) 481.34 404.96°Úx…«∫… i…‰±… |… i… EÚ±……‰O……®… ( EÚ±……‰ ±…]ıÆ˙) 116.15 98.13

(vii) M…¶…« …Æ˙“I…h… EÚ]ı=i˜˜…… n˘i… E÷Ú±… … Æ˙®……h… (n˘∂…±…I… EÚ]ı) 23.58 18.73 §…V…±…“ |… i… n˘∂…±…I… EÚ]ı (E‰Ú b˜Œ§±…™…÷ BS…) 652.56 2493.32BS… B∫… b˜“ i…‰±… |… i… n˘∂…±…I… EÚ]ı ( ±…]ıÆ˙) 2650.00 2587.73

(viii) ®… Ω˛±…… E∆Úb˜…‰®…=i˜…… n˘i… E÷Ú±… … Æ˙®……h… (+n˘n˘ı) 8,99,803.00 3,93,465.00 §…V…±…“ |… i… +n˘n˘ (E‰Ú b˜Œ§±…™…÷ BS…) 0.02 0.02

(EÚ) >V……« ∫…∆Æ˙I…h…EÚ) …‰∞¸Æ˙EÚc˜… °ËÚC]ıÆ˙“, i…Ø˚¥…x…∆i……÷Æ˙®… ®…Â ±…B M…B >V……« ∫…∆Æ˙I…h… =……™…

• 25 …÷Æ˙…x…‰ Æ˙¥……=hb˜ <∆b˜C∂…x… ®……‰]ı…‰Æ˙…‰∆ EÚ…‰ >V……« n˘I… C±……∫… <«B°ÚB°Ú 1 <∆b˜C∂…x… ®……‰]ıÆ˙ E‰Ú ∫……l… |… i…∫l…… …i… EÚB M…B*¥……Ãπ…EÚ >V……« §…S…i… 26,880 ™…⁄ x…]ı ΩË˛ +…ËÆ˙ i…n˘x…÷∞¸… ¥……Ãπ…EÚ ¥…k…“™… §…S…i… 1.34 ±……J… ΩË˛*

• 100 …Æ∆…Æ˙…M…i… 40 ¥……]ı ±…⁄Æ˙∫…Â]ı ]¬ı™…⁄§……Â EÚ…‰ 28 ¥……]ı >V……« n˘I… ]ı“ 5 ]¬ı™…⁄§……Â E‰Ú ∫……l… |… i…∫l…… …i… EÚB M…B* ¥……Ãπ…EÚ ¥…k…“™…§…S…i… ` 2.35 ±……J… E‰Ú ∫……l… ¥……Ãπ…EÚ >V……« §…S…i… 47,040 ™…⁄ x…]ı ΩË˛*

• 25 …÷Æ˙…x…‰ 36 ¥……]ı x…®x… n˘…§… ∫……‰ b˜™…®… ¥…‰…Æ˙ ±…È……Â EÚ…‰ 12 ¥……]ı B±… <« b˜“˜ ∫]≈ı“]ı ±……<]ı…Â E‰Ú ∫……l… |… i…∫l…… …i… EÚÆ˙E‰∫…∆∫l…… …i… EÚB M…B* ¥……Ãπ…EÚ >V……« §…S…i… 5000 ™…⁄ x…] ΩË˛* <∫…E‰Ú +±……¥…… B±… <« b˜“ ±……<]ı…Â E‰Ú n˘“P…«EÚ… ±…EÚ +¥… v… E‰ÚEÚ…Æ˙h… + i… Æ˙HÚ §…S…i… |……i… EÚ™…… ΩË˛*

• <±…‰C]≈ı…Ï x…EÚ ]‰ıœ∫]ıM… ¥…¶……M… EÚ…‰ Æ˙b˜…‰Æ˙ ®…Â 25 …÷Æ˙…x…‰ ∫…“ B°Ú B±… °ÚÀ]ıM∫… EÚ…‰ >V……« n˘I… B±… <« b˜“ ±……<]ı…Â E‰Ú ∫……l… |… i…∫l…… …i… EÚB M…B* ∫…∆∂……‰v…x… n‰˘∂…“™… ¥…EÚ ∫…i… ΩË˛* <∫… ±…B ¥……Ãπ…EÚ >V……« §…S…i… 5880 ™…⁄ x…]ı ΩË˛*

• ÚE∆Úb˜…‰®… EÚ…‰ §…‰Ω˛i…Æ˙ ∫…÷J……x…‰ E‰Ú ±…B b˜C]ı ±…∆§……<« EÚ…‰ 15 ®…“]ıÆ˙ ∫…‰ 4 ®…“]ıÆ˙ i…EÚ EÚ®… EÚÆ˙E‰Ú b˜¡÷®… b˜°ËÚ™…‰Æ˙ EÚ“ n˘I…i…… EÚ“¥…fi r˘ EÚ“ M…<«* ¥…π…« 2011-12 E‰Ú n˘…ËÆ˙…x… ®…∂…“x……Â E‰Ú 4 ±……<x……Â ®…Â |… i… ®… x…]ı ®…Â 5 ∫……ƒS…… EÚ… + i… Æ˙HÚ =i……n˘x… Ω˛… ∫…±… EÚBM…B V……‰ |… i… ¥…π…« 10.1 n˘∂…±…I… +n˘n˘ + i… Æ˙HÚ =i……n˘x… ®…Â … Æ˙h…i… Ω÷˛B, =∫…E‰Ú u˘…Æ˙… |… i… ¥…π…« 18.18 ±……J… EÚ“ §…S…i…Ω÷˛<«*

• §…‰Ω˛i…Æ˙ §…V…±…“ EÚ…Æ˙EÚ §…x……B Æ˙J…x…‰ E‰Ú ±…B E‰Ú B∫… <« §…“ ∫…‰ ` 3.39 ±……J… EÚ… …¥…Æ˙ °ËÚC]ıÆ˙ |……‰i∫……Ω˛x… |……i… EÚ™…… M…™……*J…) EÚx…M…±…… °ËÚC]ıÆ˙“, §…±…M……®… ®…Â ±…B M…B >V……« ∫…∆Æ˙I…h… =……™…*

• ]¬ı™…⁄§…±……<]ı S……‰EÚ ®…Â ∞¸……xi…Æ˙h… - x…™… ®…i… |… i…Æ˙…‰v…EÚ |…EÚ…Æ˙ E‰Ú S……‰EÚ E‰ ∫l……x… …Æ˙ <±…‰C]≈ı…Ï x…EÚ S……‰EÚ ±…M……B M…B*• x…Æ˙“I…h… +x…÷¶……M… E‰Ú ±…B +…∆ §…™…‰]ıÆ˙ - +…∆ §…™…‰]ıÆ˙ …Æ∆˙…Æ˙…M…i… B™…Æ˙ E∆Úb˜“∂…Àx…M… V…Ë∫…‰ Æ‰˙ £ÚV…‰Æ‰˙x]ı +…ËÆ˙ E∆Ú|…‰∫…Æ˙ E‰Ú =…™……‰M… E‰Ú

§…x…… B™…Æ˙ E∆Úb˜“∂…Àx…M… E‰Ú ±…B BEÚ …™……«¥…Æ˙h…-+x…÷E⁄Ú±…, >V……« n˘I… +…ËÆ˙ ∫¥…∫l… ¥…EÚ±… ΩË˛*• <∆ b˜E‰Ú∂…x… ±…Ë®… ( °Ú±…®…Â]ı ]ı…<…) EÚ…‰ B±… <« b˜“ ]ı…<… E‰Ú ∫……l… - …Æ∆…Æ˙…M…i… ]ı…<… EÚ…‰ B±… <« b˜“ ]ı…<… ±…Ë®… E‰Ú ∫……l…

|… i…∫l………x…*M…) Ú+…CE÷Ú±…®… °ËÚC]ıÆ˙“, i…Ø˚¥…x…∆i……÷Æ˙®… ®…Â ±…B M…B >V……« ∫…∆Æ˙I…h… =……™…*

• ∫……‰±……Æ˙ ∫…∫]ı®… ∫…‰ V…÷b˜… Ω÷+… 25 E‰Ú b˜Œ§±…™…÷ …“ O…b ∫…∆∫l…… …i… EÚB M…B, V……‰ |… i… n˘x… 80 ™…⁄ x…]ı (+…Ë∫…i…®…) =i…z… EÚ™……ΩË*˜

• ¥…π……« V…±… EÚ… =…™……‰M… EÚÆ˙x…‰ E‰Ú ±…B 130 EÚ. ±… ¥…π……« V…±… ∫…∆S…™…x… |…h……±…“ ∫…∆∫l…… …i… EÚ“ M…<« (EÚÆ˙“§… 7800 EÚ. ±…. |… i…¥…π…«)

P…) EÚ…CEÚx……c˜ °ËÚC]ıÆ˙“, EÚ…‰ S…x… ®…Â ±…B M…B >V……« ∫…∆Æ˙I…h… =……™…*• °ËÚC]ıÆ˙“ … Æ˙∫…Æ˙ E‰Ú ∫……®……x™… ±……<À]ıM… E‰Ú ±…B B±… <« b˜“ ±……<À]ıM… EÚ… =…™……‰M… EÚ™…… V……i…… ΩË˛* x…Ã®…i… x…B §…Ω÷˛i…±… ®…EÚ…x…

E‰Ú =…™……‰M… E‰Ú ±…B >V……« n˘I… ]¬ı™…⁄§… ±……<À]ıM… EÚ™…… V……i…… ΩË˛* 30% §…S…i… ∫…®……x… ±…⁄®…‰x∫… …Æ Ω˛… ∫…±… EÚ™…… V……i…… ΩË˛ +…ËÆ˙=∫…E‰Ú u˘…Æ˙… |… i… ¥…π…« §…S…i… ` 1 ±……J… ΩË˛*˙


[A] CONSERVATION OF ENERGY

a) Energy conservation measures taken at the Peroorkada factory, Thiruvananthapuram:

• Replaced 25 nos of old rewound induction motors by energy efficient Class-EFFI induction motors.Annual energy saving is 26,880 units and corresponding annual financial saving is ` 1.34 lakh.

• Replaced 100 nos of conventional 40W fluorescent tubes by 28W energy Efficient T5 tubes.Annual energy saving is 47,040 units with annual financial savings of ` 2.35 Lakh.

• Installed 25 Nos of 12 W LED street lights by replacing old 36 W low pressure sodium vapourlamps. The annual energy saving is 5000 units/annum. In addition to this, there is additionalsavings achieved due to long life of LED lights.

• Retrofitted 25 nos of old CFL fittings in the Electronic Testing Department corridor by energyefficient LED lights. The modification is an indigenously developed one. Therefore the annualenergy saving is 5880 units.

• Enhanced the efficiency of Dehumidifier by reducing the duct length from 15 mtr to 4 mtr for betterdrying of condoms. Achieved additional production of 5 moulds/min in 4 lines of machines whichresulted in an additional production of 10.1 Million pieces/annum thereby saving ` 18.18 Lakhs/annum.

• Received power factor incentive of ` 3.39 Lakhs from KSEB for maintaining of better power factor.

b) Energy conservation measures taken at the Kanagala factory, Belgaum:

• Modification of tubelight choke - Electronic chokes have been implemented in place of regularresistive type choke.

• Ambiator for Inspection Section - Ambiator is an eco-friendly, energy efficient, and healthy alternativeto air-conditioning without using refrigerent and compressor like conventional Air-ConditioningSystem.

• Replacement of Indication Lamps (Conventional Filament Type) with LED Type Lamps.

c) Energy conservation measures taken at Akkulam factory, Thiruvananthapuram:

• Installed 25 KWp Grid connected Solar System, which generates 80 units (Average) per day.

• Installed 130 KL Rain Water Harvesting System for utilizing rain water (nearly 7800 KL perannum).

d) Energy conservation measures taken at Kakkanad factory, Cochin.

• LED lighting is used for general lighting of the factory premises. Energy efficient tube lighting isused for the new multi-storeyed building constructed. 30% saving is achieved at the equivalentlumens and thereby saving ` 1 Lakh/annum.

(vi) Bulk Drug –CentchromanUnit (Kg) produced 1,001.03 1,017.12Electricity per Kg (KWH) 481.34 404.96Furnace Oil per Kg (KL) 116.15 98.13

(vii) Pregnancy Test KitsTotal Quantity Produced (M. Kit) 23.58 18.73Electricity per Million Kit (KWH) 652.56 2,493.32HSD Oil per Million Kit (LTR) 2,650.00 2,587.73

(viii) Female CondomsTotal Quantity Produced (Pcs) 8,99,803.00 3,93,465.00Electricity per Pc (KWH) 0.02 0.02

44 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

°Ú…®…« J…( x…™…®… 2 n‰J…Â)

(J…) |……Ët…‰ M…EÚ“ +…®…‰±…x…, + ¶…O…Ω˛h… B¥…∆ x…¥……S……Æ

∫…®…“I……v…“x… ¥…π…« E‰Ú n˘…ËÆ˙…x… +……EÚ“ E∆Ú…x…“ EÚ“ …‰∞¸Æ˙EÚc˜… °ËÚC]ıÆ˙“, i…Ø˚¥…x…∆i……÷Æ˙®… ®…Â x…®x… ±… J…i… |……Ët…‰ M… EÚ™……Â EÚ…‰ ¥…EÚ ∫…i…/+…®…‰ ±…i…/+ ¶…O… Ω˛i… EÚB M…B*

• |……<®…Æ˙“ ∫…∆™…∆j… b˜“ ®…Â i…“x… Æ˙SS…Æ˙ ®……‰œ±b˜M… ®…∂…“x… EÚ®…“∂…x… EÚÆ˙E‰Ú ¥…Ëv…“EfiÚi… EÚ™…… M…™……*• ±…Ë]‰ıC∫… ∫]≈ı“®… ∫…‰ Æ˙§…c˜ EÚh……Â EÚ…‰ …÷x…&|……i… EÚÆ˙x…‰ E‰Ú ±…B B±…÷¥…x]ı ]≈ı“]ı®…Â]ı ∫…∆™…∆j… ®…Â ±…Ë]‰ıC∫… ∫E∆Ún˘x… |……Æ∆˙¶… EÚ™…… M…™……*

∫…®…“I……v…“x… ¥…π…« E‰Ú n˘…ËÆ˙…x… +……EÚ“ E∆Ú…x…“ EÚ“ +…CE÷Ú±…®… °ËÚC]ıÆ˙“, i…Ø˚¥…x…∆i……÷Æ˙®… ®…Â x…®x… ±… J…i… |……Ët…‰ M… EÚ™……Â EÚ…‰ ¥…EÚ ∫…i…/+…®…‰ ±…i…/+ ¶…O… Ω˛i… EÚB M…B*

• …Æ∆…Æ˙…M…i… <±…C]≈ı…Ï x…EÚ EÚ…b« +…ËÆ˙ ±…‰§…À±…M… ®…∂…“x… x…∆. 1 (…÷Æ˙…x……) E‰Ú ∫]‰ı…Æ˙ ®……‰]ı…‰Æ˙ …“ B±… ∫…“, BS… B®… +…<« +…ËÆ˙ ∫…‰¥……Ê ∫…∫]ı®…E‰Ú ∫……l… |… i…∫l…… …i… EÚ™…… M…™……, V……‰ ®…∂…“x… EÚ… b˜…=x… ]ı…<®… +…ËÆ˙ +x…÷Æ˙I…h… ±……M…i… EÚ…°Ú“ ∞¸… ∫…‰ EÚ®… EÚB M…B*

• Œ§±…∫]ıÆ˙ ……=S… ∫…⁄j…“EÚÆ˙h… +…ËÆ˙ +…Ïx…±……<x… i…‰®…«±… §…ËS… À|…À]ıM… E‰Ú ∫……l… =SS… 3 …Ω±…÷ ∫™…⁄S…Æ˙ ∫…“À±…M… ®…∂…“x… EÚ…‰ ∫…∆∫l…… …i… EÚÆ˙E‰ÚEÚ®…“∂…x… EÚ™…… M…™……*

• ]ı¨⁄§… BC∫…]‹ıb˜Æ˙, ∫™…⁄S…Æ˙ 3-…Ω˛±…÷ ∫…“À±…M… ®…∂…“x…, ∫]ı“®… ∫]‰ı Æ˙±……<∫…Æ˙ +…ËÆ˙ ]ı“ E‰Ú ±…B Ω˛…Ï]ı Æ˙z…Æ˙ <∆V…‰C∂…x… ®……‰±b˜ E‰Ú ±…B x…B100 E‰Ú ¥…“ B ™…÷ …“ B∫… ∫…∆∫l…… …i… EÚ™…… M…™…… +…ËÆ˙ =∫…E‰Ú u˘…Æ˙… |… GÚ™…… +…¥™…™… +…ËÆ˙ b˜…=x… ]ı…<®… ®…Â EÚ®…“ Ω˛… ∫…±… EÚ™…… M…™……*

• +…Ïx…±……<x… S…‰ÀEÚM… ∫…÷ ¥…v…… E‰Ú ∫……l… x…B §…“ +…‰ ¥…“ +…‰]ı…‰®…… ]ıEÚ +∫…∆§±…“ ®…∂…“x… ∫…∆∫l…… …i… EÚÆ˙E‰Ú EÚ®…“∂…x… EÚ™…… M…™…… V……‰ |… i… ……Æ˙“12000 +n˘n˘ BEÚ j…i… EÚÆ˙x…‰ E‰Ú ±…B ∫…I…®… ΩË*

• x…B |…EÚ…Æ˙ +…<« ™…⁄ b˜“ '¥……<« E‰Ú™…Æ˙' EÚ… ¥…EÚ…∫… *• ®……ÃEÚ]ı ®…Â +…x]ı“ §…ËC]ı“ Æ˙™…±… ∫™…⁄S…‰∫…« (ÀΩ˛M±…C]ı |……<®…) ¥…EÚ ∫…i… EÚÆ˙E‰Ú ±……∆S… EÚ™…… M…™……*

∫…®…“I……v…“x… ¥…π…« E‰Ú n˘…ËÆ˙…x…, +……EÚ“ E∆Ú…x…“ EÚ“ EÚx…M…±…… °ËÚC]ıÆ˙“, §…‰±…M……®… ®…Â x…®x… ±… J…i… |……Ët…‰ M… EÚ™……Â EÚ…‰ ¥…EÚ ∫…i…/+…®…‰ ±…i…/+ ¶…O… Ω˛i… EÚB M…B*

• §……Ï ™…±…Æ˙ °Ú“b˜ V…±… =…S……Æ˙ E‰Ú ±…B +…Æ˙ +…‰ |…h……±…“*• …ËÀEÚM… ®…∂…“x… …Æ˙ +…Ï]ı…‰®…… ]ıEÚ E∆Úb˜…‰®… °Ú“Àb˜M… |……Æ∆˙¶… EÚ™…… M…™……*• EÚx¥…‰™…Æ˙ S…‰<x∫… E‰Ú ±…B +…Ï]ı…‰®…… ]ıEÚ ±…⁄ •…E‰Ú∂…x… ∫…∫]ı®…*

∫…®…“I……v…“x… ¥…π…« E‰Ú n˘…ËÆ˙…x…, +……EÚ“ E∆Ú…x…“ EÚ“ EÚ…CEÚx……c˜ °ËÚC]ıÆ˙“, EÚ…‰ S…x… ®…Â x…®x… ±… J…i… |……Ët…‰ M… EÚ™……Â EÚ…‰ ¥…EÚ ∫…i…/+…®…‰ ±…i…/+ ¶…O… Ω˛i… EÚB M…B*

• |……EfiÚ i…EÚ Æ˙§…c˜ ±…Ë]‰ıC∫… ®… Ω˛±…… E∆Úb˜…‰®… E‰Ú ±…B …⁄h…« ¥…EÚ ∫…i… ¥… x…®……«h… ∫…÷ ¥…v…… ∫l…… …i… EÚ“ V…… Æ˙Ω˛“ ΩË˛*(M…) +x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫… (+…Æ˙ & b˜“) EÚ…™…«EÚ±………

• 1500 b˜…‰]¬ı∫… E‰Ú ∫……l… E∆Úb˜…‰®… E‰Ú ±…B x…B ®……‰±b˜ b˜W……<x… (=k…‰V…x…… §…g¯…x……) ¥…EÚ ∫…i… EÚ™…… M…™…… ΩË˛ +…ËÆ˙ =∫…‰ +…Æ˙ +…Æ ]ı“®…∂…“x… ®…Â ¥… x…®……«h… EÚ™…… M…™…… ΩË˛ *

• À∫…l…‰ ]ıEÚ ……‰ ±…-<∫……‰ |…x… ±…Ë]‰ıC∫… E‰Ú ∫……l… ∫…⁄j…“EÚÆ˙h… EÚ… ¥…EÚ…∫…*• Ω˛…‰ Æ˙W……‰xb˜±…, ¥…‰Ã]ıEÚ±… Æ˙§∫…, b˜…‰]¬ı∫… +… n˘ E‰Ú ∫…∆™……‰V…x… E‰Ú ∫……l… x…B + u˘i…“™… E∆Úb˜…‰®… b˜W……<x… E‰Ú ∫……l… E∆Úb˜…‰®… ¥…EÚ ∫…i… EÚ™……

M…™…… *• x…®x…i…®… |……‰]ı“x… E‰Ú ∫……l… E∆Úb˜…‰®… ¥…EÚ ∫…i… EÚÆ˙E‰Ú ¥… x…Ã®…i… EÚ™…… M…™……*• |……EfiÚ i…EÚ ±…⁄ •…E‰Úxb˜ E‰Ú ∫……l… E∆Úb˜…‰®… ¥…EÚ ∫…i… EÚ™…… M…™……*ı• XXX E∆Úb˜…‰®… EÚ… +…∆i… Æ˙EÚ ¥… x…®……«h…*• §±…b˜ §…ËM… °Ú±®… E‰Ú ±…B ∏…‰π`ˆ …“ ¥…“ ∫…“ EÚ…‰®……‰ ∫…∂…x… ¥…EÚ ∫…i… EÚ™…… M…™……*• x……‰¥…‰C∫… b˜“ B∫… & x……‰¥…‰C∫… •……xb˜…Â E‰Ú ±…B …‰±…‰∫…Â]ı …M…®…Â]ı EÚ…‰À]ıM… ¥…EÚ ∫…i… EÚ™…… M…™……*

(P…) ¥…n‰∂… ¥… x…®…™… +V…«x… B¥…∆ J…S…«(2011-2012) (2010-2011)

S……±…⁄ ¥…π…« M…i… ¥…π…«(` ±……J……Â ®…Â) (` ±……J……Â ®…Â)

1. +V…«x… 4,959.84 5,126.22

2. J…S…« 4,469.99 6,263.47


FORM B(See Rule 2)

[B] TECHNOLOGY ABSORBTION, ADOPTION AND INNOVATIONDuring the year under review, your company’s factory at Peroorkada, Thiruvananthapuram developed/absorbed / adopted the following technologies.

• Commissioned & validated three Ritcher Moulding machines in Primary Plant D.

• Introduced latex coagulation in Effluent Treatment Plant to recover the Rubber particles from latexstream.

During the year under review, your company’s factory at Akkulam, Thiruvananthapuram developed/ absorbed/ adopted the following technologies.

• Replaced conventional Electronic Cards and Stepper Motor of Labelling machine No. 1 (Old) withPLC, HMI and Servo System, which reduced the down time of the machine and maintenance costdrastically.

• Installed & commissioned advanced 3 side Suture sealing machine with blister pouch formation andonline thermal batch printing.

• Installed new 100 KVA UPS for Tube Extruder, Suture 3-side sealing machine, Steam Sterilizer & hotrunner injection mould for Tee and thereby achieved reduction in process wastage and downtime.

• Installed & commissioned new BOV automatic assembly machine with online leak checking facilitywhich is capable of assembling 12000 pcs per shift.

• Development of one new variant IUD 'Y Care'.

• Developed and launchaed Antibacterial Sutures (Hinglact Prime) in the market.

During the year under review, your company’s factory at Kanagala, Belgaum developed/ absorbed / adoptedthe following technologies.

• RO system for boiler feed water treatment.

• Introduced automatic condom feeding on packing machines.

• Automatic lubrication system to the conveyor chains.

During the year under review, your company's factory at Kakkanad, Cochin, developed/absorbed/adopted thefollowing technologoes

• A full-fledged manufacturing facility for Natural Rubber Latex, Female Condoms is being set up.

[C] RESEARCH AND DEVELOPMENT (R&D) ACTIVITIES• Developed new mould design for condoms with 1500 dots (to increase the sensation) and

manufactured the same in RRT machine.

• Development of formulation with synthetic poly-isoprene latex.

• Developed new unique condom designs like condoms with a combination of horizontal, vertical ribs,dots etc.

• Developed & manufactured condom with low protein.

• Developed condoms with natural lubricant.

• In-house manufacture of XXX Condoms.

• Developed advanced PVC composition for Blood Bag film.

• Pearlescent pigment coating was developed for brands Novex DS & Novex.

[D] FOREIGN EXCHANGE EARNINGS & OUTGO

(2011-2012) (2010-2011)Current year Previous year

(` In lakh) (` In lakh)

1. Earnings 4,959.84 5,126.22

2. Outgo 4,469.99 6,263.47

46 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

+x…÷§…∆v… -J…

EÚ…Ï……ÊÆ‰]ı ∫……®…… V…EÚ =k…Æ˙n˘… ™…i¥… …Æ˙ Æ˙……‰]«ı

EÚ…™…«§…±… +…ËÆ˙ =x…E‰Ú … Æ˙¥……Æ˙…‰‰∆ E‰Ú + i… Æ˙HÚ ∫l……x…“™… ∫…®…÷n˘…™… +…ËÆ˙ ∫……‰∫……<]ı“ EÚ…‰ §…b‰ …Ë®……x…‰ …Æ˙ V…“¥…x… E‰Ú M…÷h…¥…k…… ∫…÷v……Æ˙i…‰ ∫…®…™… x…“ i……⁄¥…«EÚ¥™…¥…Ω˛…Æ˙ EÚÆ˙x…‰ +…ËÆ˙ +…Ãl…EÚ ¥…EÚ…∫… E‰Ú ±…B ∫…i…i… ∞¸… ∫…‰ |… i…§…r˘ Æ˙Ω˛x…… ∫……®…… V…EÚ V…®®…‰n˘…Æ˙“ ΩË˛*

BS…B±…B±… E‰Ú EÚ…Ï……ÊÆ‰˙]ı ∫……®…… V…EÚ =k…Æ˙n˘… ™…i¥… x…“ i… ΩË˛ "n˘“P…«EÚ…±…“x… ¥…EÚ…∫… E‰Ú i…“x… ∫i…∆¶… - ∫……®…… V…EÚ, …™……«¥…Æ˙ h…EÚ B¥…∆ +…Ãl…EÚ …Æ˙ ¥…∑……∫… E‰Ú ∫……l… BEÚ ∫……®…… V…EÚ =k…Æ˙n˘…™…“ x…M… ®…i… ∫…k…… §…x……x……* "

E∆Ú…x…“ ∫¥……∫l™… +…ËÆ˙ ∫¥…SUÙi…… ∂…I…… +…ËÆ˙ V…x…i…… E‰Ú V……M…∞¸EÚi…… ∫…∆¥…‰M…“ I…‰j… Æ˙Ω˛x…‰ ∫…‰ +…x…‰ ∫…“B∫…+…Æ˙ …⁄Æ˙… EÚÆ˙x…‰ E‰Ú |…™……∫… V……Æ˙“ EÚÆ˙i…“ΩË* ¥…π…« E‰Ú n˘…ËÆ˙…x… E∆Ú…x…“ x…‰ §…V…]ı EÚB 40.00‰ ±……J… EÚ“ ∫…“B∫…+…Æ˙ x… v… EÚ“ +…‰Æ˙ 44.69 ±……J… EÚ“ Æ˙EÚ®… J…S…« EÚ“ ΩË˛ ( …UÙ±…‰¥…π…« ` 17.13‰ ±……J…)*

¥…π…« E‰Ú n˘…ËÆ˙…x… E∆Ú…x…“ x…®x… ±… J…i… ∫…“B∫…+…Æ˙ M… i… ¥… v…™……Â ®…Â ∂…… ®…±… EÚ™…… M…™……:

GÚ®… ∫…∆ ∫…“B∫…+…Æ˙ M… i… ¥… v…Æ˙EÚ®…

(` ±……J… ®…Â)

1 M……ƒ¥……Â ®…Â …“x…‰ EÚ… ……x…“ E÷ÚB∆ EÚ… x…®……«h… +…ËÆ˙ +x…÷Æ˙I…h… 16.23

2 EÈÚ∫…Æ˙ n‰˘J…Æ‰˙J… E‰Ú ±…B +…=]ıÆ˙“S… EÚ…™…«EÚ±…………Â EÚ“ +…‰Æ˙ E‰Ú™…Æ˙±…∫… 2.25

3 ∫…Æ˙EÚ…Æ˙“ ∫E⁄Ú±……Â ®…Â ∫……®……x™… ∫¥……∫l™… S…‰EÚ-+… 0.97

4 BS…+…<«¥…“ §…SS…‰ EÚ…‰ ∫…Ω˛…™…i…… |…n˘…x… EÚÆ˙x……* 0.75

5 |……l… ®…EÚ ∫¥……∫l™… E‰Úxp˘ ®…Â ……‰∫] ı®……]«ı®… EÚ®…Æ˙…Â E‰Ú x…®……«h… 1.80

6 ∫¥…ËŒSUÙEÚ Æ˙HÚn˘…x… ∂… ¥…Æ EÚ… =z…™…x…, UÙ…j……Â E‰Ú ±…B |… ∂…I…h… EÚ…™…«GÚ®… 5.81

7 ∫E⁄Ú±……Â ®…Â UÙ…j……Â E‰Ú ±…B ±……<°Ú Œ∫EÚ±… |… ∂…I…h… EÚ…™…«GÚ®… 0.66

8 …Œ§±…EÚ ……EÚ…Á E‰Ú … Æ˙……±…x… +…ËÆ˙ +x…÷Æ˙I…h… E‰Ú ±…B ¥™…™… 6.15

9 ∫E⁄Ú±……Â ®…Â E∆Ú™…⁄]ıÆ˙ ]‰ı§…±…, °Úx…‘S…Æ˙ EÚ… GÚ™… +…ËÆ˙ b˜…<Àx…M… Ω˛…Ï±… EÚ… x…¥…“EÚÆ˙h…+…ËÆ˙ ∫E⁄Ú±… ®…Â +x™… ∫……®…… V…EÚ ∫…Ω˛…™…i…… 5.67

10 ¥… ¶…z… ∫……®…… V…EÚ EÚ…™…«EÚ±…………Â E‰Ú ±…B n˘…x…, |……™……‰V…x… +…ËÆ˙ ¥…k…“™… ∫…Ω˛…™…i…… 0.50

11 ∫E⁄Ú±……Â ®…Â EÚx]ı˜Æ˙ M……]ı«x… 0.43

12 Æ˙HÚ n˘…x… …Æ˙ ¥…“ b˜™……‰ b˜…‰E÷Ú®…‰x]ıÆ˙“ E‰ |…“ |……‰b˜C∂…x… +…ËÆ˙ °Úœ±®…M… 1.21

13 |……l… ®…EÚ ∫¥……∫l™… E‰Úxp˘ EÚx…M…±…… EÚ… x…¥…“EÚÆ˙h… 2.25

E÷Ú±… 44.69


ANNEXURE B

REPORT ON CORPORATE SOCIAL RESPONSIBILITYCorporate Social Responsibility is the continuing commitment by business to behave ethically and contribute

to the economic development while improving the quality of life of the workforce and their families as well as

of the local community and the society at large.

The Corporate Social Responsibility policy of HLL is to "Be a socially responsible corporate entity with

thrust on three Pillars of sustainable development - Social, Environmental and Economic".

The Company continues to make focused efforts for fulfilling its CSR, with the thrust areas, being health &

sanitation, education and public awareness. During the year, the company spent an amount of ` 44.69 lakh

(previous year ` 17.13 lakh) towards various CSR activities against its budgeted CSR fund of `40.00 lakh.

The Company was involved in the following CSR activities during the year:

Sl CSR Activity AmountNo. (` Lakh)

1. Construction and Maintenance of drinking water well in villages 16.23

2. Careplus towards the Outreach activities for Cancer care 2.25

3. General Health Checkups in Government Schools 0.97

4. Providing Assistance to HIV Child 0.75

5. Construction of Post mortem Rooms at Primary Health Centre 1.80

6. Promotion of Voluntary Blood Donation Camps, Training Programs for Students 5.81

7. Life Skill Training programme for students in Schools 0.66

8. Expense for beautification & maintenance of Public Parks 6.15

9. Purchase of Computer table, Furniture and Renovation of Dining halls and other

social assistance in Schools 5.67

10. Donations, Sponsorships and Financial Assistance to Various Social Activities 0.50

11. Kindergarten at Schools 0.43

12. Pre Production and Filming of Video Documentary on Blood Donation 1.21

13. Renovation of Primary Health Centre, Kanagala 2.25

Total 44.69

48 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

…⁄¥…« ¥…π……Á EÚ“ ¶……ƒ i… (∫…Æ˙EÚ…Æ˙“ ¥…¶……M……Â +…ËÆ˙ +∆i…˙Æ…«π]≈ı“™… O……Ω˛EÚ…ÂEÚ…‰ UÙ…‰b˜EÚÆ˙) E∆Ú…x…“ ¥™…¥…∫……™… n‰˘x…n˘…Æ˙…Â EÚ…‰ …j……S……Æ˙ EÚÆ˙i…“Æ˙Ω“ V…Ë∫…‰ ¶…“ Ω˛…‰, |… i… GÚ™…… x…M…h™… ΩË˛* ±…‰x…n˘…Æ˙,+ O…®… +…ËÆ˙V…®…… E‰Ú ®……®…±…‰ ®…Â §…EÚ…™…… x…‰®…“Ú ∫¥…¶……¥… E‰Ú ΩÈ˛ +…ËÆ˙ ∫……®……x™…∞¸… ∫…‰ ……±…x… EÚ™…‰ ®……x…EÚ E‰Ú +x…÷∫……Æ˙ ΩÈ˛*( EfiÚ…™…… ¥…k…“™… ¥…¥…Æ˙h… EÚ‰ ¶……M… EÚ“ ¥™……J™……i®…EÚ/∫…π]ı“EÚÆ˙h……i®…EÚ ]ı…h…“®…ÂÚ ]ı…h…“ı ∫…∆. 2.2 n‰˘J…Â*)

E∆Ú…x…“ ¶……Æ˙i… E‰Ú ∫…x…n˘“ ±…‰J……EÚ…Æ˙ ∫…∆∫l……x… E‰Ú ¥…∂…‰π…Y…∫…±……Ω˛EÚ…Æ˙ ∫… ®… i… EÚ“ Æ˙…™… E‰Ú +x…÷∫……Æ˙ |…EÚ]ı“EÚÆ˙h… …r˘ i…EÚ… ……±…x… EÚÆ˙i…“ Æ˙Ω˛“ (EfiÚ…™…… ¥…k…“™… ¥…¥…Æ˙h… E‰ ¶……M… EÚ“¥™……J™……i®…EÚ/∫…π]ı“EÚÆ˙h……i®…EÚ ]ı…h…“ ®…ÂÚ ]ı…h…“ı ∫…∆. 2.16n‰J…Â)*

E∆Ú…x…“ EÚ“ ∫…∆∂……‰ v…i… ±…‰J…… x…“ i… E‰Ú +x…÷∫……Æ, ˙ ¥…k…“™… ¥…¥…Æ˙h… EÚ“ +…‰Æ˙ §…x……™…“ ]ı… h…™……Â ®…Â ∫……l…«EÚ ±…‰J…… x…“ i…™……ÂE‰Ú i…Ω˛i… ]ı…h…“ ∫…∆. 1.6 E‰Ú +v…“x… |…EÚ]ı EÚ™…… M…™…… ΩË˛*+S…±… … Æ˙∫…∆… k…™……Â ∫…‰ … Æ˙¥…v…«x…/+…®……V…«x… E‰Ú ±…B ®…⁄±™…ø…∫…S……V…« EÚÆ˙x…‰ EÚ“ …r˘ i… ®…… ∫…EÚ ™…l……x…÷……i… +…v……Æ˙ ∫…‰ nË˘ x…EÚ∫…®……x…÷……i… +…v……Æ˙ ®…Â §…n˘±… n˘™…… ΩË˛* =…™…÷«HÚ … Æ˙¥…i…«x… Æ˙……‰]ı…«v…“x…ı ¥…π…« E‰Ú n˘…ËÆ˙…x… E∆Ú…x…“ u˘…Æ˙… <«+…Æ˙…“(B∫…B…“<«∫…“∫…“ 6.0) E‰Ú EÚ…™……«x¥…™…x… E‰Ú °Ú±…∫¥…∞¸… V…∞¸Æ˙“ §…x……™……ΩË˛* B∫…B…“ ®…Â ®…⁄±™…ø…∫… nË˘ x…EÚ ∫…®……x…÷…… i…EÚ +…v……Æ˙ …Æ˙+ ¶…EÚ±…x… EÚ™…… V……i…… ΩË <∫… ±…B ®…… ∫…EÚ ™…l……x…÷……i… +…v……Æ˙…Æ˙ ®…⁄±™…ø…∫… E‰Ú |…¶……Æ˙ EÚÆ˙x…‰ EÚ“ i…÷±…x…… ®…Â + v…EÚ ™…l……l…«¥……n˘“+…ËÆ ˆ“EÚ Ω…ÂM…‰* (EfiÚ…™…… ¥…k…“™… ¥…¥…Æh… E‰ ¶……M… EÚ“ ¥™……J™……i®…EÚ/∫…π]ı“EÚÆ˙h……i®…EÚ ]ı…h…“ ®…ÂÚ ]ı…h…“ı ∫…∆. 2.1(EÚ) n‰˘J…Â*)

™…Ω˛ E∆Ú…x…“ u˘…Æ˙… <«+…Æ˙…“ (B∫…B…“ <«∫…“∫…“ 6.0)=…™……‰ M…i… EÚ™…‰ V……x…‰ E‰Ú ±…B |…i™…… ∂…i… ∫…®…™… EÚ“ +¥… v……Æ˙ ¥…S……Æ˙ EÚÆ˙E‰Ú EÚ™…… ΩË V……‰ ∫…®……i… ΩË +…ËÆ˙ BB∫… 26 E‰Ú+x…÷∫……Æ˙ ΩË˛* <«+…Æ…“ (B∫…B…“ <∫…“∫…“ 6.0) EÚ…™……«x¥…™…x… 8¥…π……Á EÚ“ +¥… v…™……Â …Æ˙ ™…l……x…÷……i… +…v……Æ˙ …Æ˙ ±……M…i… … Æ˙∂……‰v…x…EÚ“ x…“ i… E‰Ú §……Æ‰˙ ®…Â ¥…k…“™… ¥…¥…Æ˙h… E‰Ú ¶……M… EÚ‰ ∫……l…«EÚ±…‰J……x…“ i… E‰Ú +v…“x… ]ı…h…“ ∫…∆.1.6 E‰Ú +v…“x… |…EÚ]ıx… EÚ™…… M…™…… ΩË˛* ( EfiÚ…™…… ¥…k…“™… ¥…¥…Æ˙h… E‰Ú ¶……M… EÚ“¥™……J™……i®…EÚ/∫…π]ı“EÚÆ˙h……i®…EÚ ]ı…h…“ ®…ÂÚ ]ı…h…“ı∫…∆. 2.1(J…Ú) n‰J…Â*)

1 ∫…¶…“ ®……®…±……Â ®…Â n‰x…n˘…Æ˙ +…ËÆ˙ ±…‰x…n˘…Æ˙…Â ∫…‰ ∂…‰π… …÷Œπ]ıEÚÆ˙h…|……i… x…Ω˛” EÚ™…‰ M…™…‰ ΩË˛∆* §…EÚ…™…… + O…®…, |……i… + O…®…,|… i…¶…⁄ i… V…®…… +…ËÆ˙ §…™……x…… Æ˙…∂…“ …I…EÚ…Æ˙…Â u˘…Æ˙… …÷Œπ]ı E‰Ú+v…“x… ΩË*

2 ¶……Æ˙i… E‰Ú ∫…x…n˘“ ±…‰J……EÚ…Æ˙ ∫…∆∫l……x… E‰Ú ¥…∂…‰π…Y… ∫…±……Ω˛EÚ…Æ˙∫… ®… i… EÚ“ Æ˙…™… E‰Ú +x…÷∫……Æ˙ E∆Ú…x…“ u˘…Æ˙… ¥…∑……∫… +…ËÆ˙∫………‰I… n‰™…i…… E‰Ú +v…“x… Æ˙J…‰ x…EÚn˘ i…÷±…x… …j… ®…ÂÂ =¶…™……I…“®…n˘ E‰Ú ∞¸… ®…Â |…EÚ]ı EÚ™…… V……i…… ΩË˛*

3. +S…±… … Æ∫…∆… k…™……Â ∫…‰ … Æ¥…v…«x…/+…®……V…«x… E‰Ú ±…B ®…⁄±™…ø…∫… (EÚ) S……V…« EÚÆ˙x…‰ EÚ“ …r˘ i… ®…… ∫…EÚ ™…l……x…÷……i… +…v……Æ˙ ∫…‰

nË x…EÚ ™…l……x…÷……i… +…v……Æ˙ ®…Â §…n˘±… n˘™…… ΩË* <∫…EÚ…‰ v™……x…®…Â Æ˙J…i…‰ Ω÷˛B ¥…π…« E‰Ú ±…B ®…⁄±™…ø…∫… EÚ®… ∫…‰ EÚ®…` 24.51 ±……J… i…EÚ +…ËÆ˙ EÚÆ˙ E‰Ú …⁄¥…« ±……¶… 24.51±……J… i…EÚ §…f¯ M…™…… ΩË˛*

(J…) B∫… B …“ (<«+…Æ˙…“ <«∫…“∫…“ 6.0) ∫……‰]ıı¥…‰™…Æ˙ ™…l……x…÷……i…+…v……Æ˙ …Æ˙ 3 ∫……±… EÚ“ +¥… v… ®…Â E∆Ú™…⁄]ıÆ˙ ∫……‰]ı¥…‰™…Æ˙ E‰Ú… Æ˙∂……‰v…x… EÚÆ˙x…‰ EÚ“ …÷Æ˙…x…“ x…“ i… EÚ“ +…‰Æ˙ nË x…EÚ™…l……x…÷……i… +…v……Æ˙ …Æ˙ 8 ∫……±… EÚ“ +¥… v… ®…Â … Æ˙∂……‰v…x…EÚÆ˙x…‰ E‰Ú ±…B ¥…S……Æ˙ EÚ™…… M…™……* ¥…π…« E‰Ú ±…B <∫… EÚ…‰v™……x… ®…Â Æ˙J…i…‰ Ω÷˛B <∫… ¥…π…« E‰Ú ®…⁄±™…ø…∫… ` 103.83±……J… i…EÚ EÚ®… Ω÷+… ΩË +…ËÆ˙ EÚÆ˙ E‰Ú …⁄¥…« ±……¶… 103.83±……J… i…EÚ §…f¯ M…™…… ΩË˛*

x…n‰∂…EÚ…Â EÚ“ Æ˙……‰]«ı EÚ… +x…÷∂…‰π…

b˜…Ï. B®….+™™……x…+v™…I… B¥…∆ |…§…∆v… x…n‰∂…EÚ

GÚ®…±…‰J………Æ˙“I…EÚ…Â EÚ“ ]ı… h…™……/ƒ∂…i…Á« |…§…∆v… E‰Ú =k…Æ˙∫…∆.



ADDENDUM TO DIRECTORS’ REPORT

1. Balance Confirmation from Debtors andCreditors are not received in all cases.Balances of Advance outstanding, Advancereceived, Security Deposits and EarnestMoney Deposits are subject to confirmationby parties

2. The cash and bank balances held by thecompany under trust and the relativeliabilities are disclosed as contra items inthe Balance Sheet in accordance with theopinion of the Expert Advisory Committee ofthe Institute of Chartered Accountants ofIndia.

3. The method of charging depreciation for(a) addition to/deletion from fixed assets is

changed from monthly pro rata basis, to dailyprorata basis. In view of this the depreciationfor the year is less by ` 24.51 lakh and profitbefore tax has gone up by ` 24.51 lakh.

(b) SAP (ERP ECC 6.0) software was consideredfor amortization over a period of 8 years ondaily pro rata basis against the earlier policyof amortizing of computer software overperiod of 3 years on prorata basis. In view ofthis the depreciation for the year is less by `103.83 lakh and profit before tax for the periodhas gone up by ` 103.83 lakh.

Company has been sending communicationto trade debtors (other than Govt. Departmentsand International Customers) as in the earlieryears. However, the responses from them isinsignificant. In the matter of creditors, advancesand deposits, the outstandings are routine innature and as per the norms generallyfollowed.(Please refer Note No. 2.2 inExplanatory/Clarificatory Notes forming part ofthe financial statements).

The Company has been following the methodof disclosure as per the opinion of the ExpertAdvisory Committee of the Institute of CharteredAccountants of India (Please refer Note No.2.16 in Explanatory/Clarificatory Notes formingpart of the financial statements).

As per the Company's revised accounting policy,as disclosed under Note No. 1.6 underSignificant Accounting Policies in Notes formingpart of the financial statement, the method ofcharging depreciation on additions to/deductions from fixed assets is changed toprorata daily basis. The above change isnecessitated consequent on theimplementation of ERP (SAP ECC 6.0) by theCompany during the year under report. In SAP,depreciation is computed on a daily pro ratabasis so that the depreciation charged wouldbe more realistic and accurate when comparedto charging of depreciation on monthly pro ratabasis. (Please refer Note No. 2.1 (a) inExplanatory/Clarificatory Notes forming part ofthe financial statements).

This has been done considering the period oftime over which ERP (SAP ECC 6.0) is expectedto be used by the company and is in line withAS 26. Disclosure has been made under NoteNo 1.6 under Significant Accounting Policies inNotes forming part of the financial statementregarding the policy of amortizing the cost ofERP (SAP ECC 6.0) implementation over aperiod of 8 years on pro rata basis. (Pleaserefer Note No. 2.1 (b) in Explanatory/ClarificatoryNotes forming part of the financial statements).

Sl. Auditor'sNo. Comments / Qualifications Management Reply

50 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

+……EÚ“ E∆Ú…x…“ u˘…Æ˙… ∫…∆∫l…… …i… Ω˛xn÷∫i……x… ±…Ë]‰ıC∫… … Æ˙¥……Æ˙ x…™……‰V…x… |……‰z…®…x… x™……∫… (BS…B±…B°Ú…“…“]ı“), BEÚ ±……¶… Æ˙ Ω˛i… ¥…fi k…EÚ ∫¥……∫l™…∫…‰¥…… ∫…∆M…`ˆx…, x…®x… ±… J…i… ∫]≈ı…]‰ı V…EÚ I…‰j……Â E‰Ú +v…“x… … Æ˙™……‰V…x……Bƒ ±…‰x…… V……Æ˙“ Æ˙Ω˛“ ΩË˛ *

1. ∫……®…… V…EÚ ¥……h…x… +…ËÆ˙ ¥…∂…‰π…… v…EÚ…Æ˙

2. BS…+…<«¥…“ E‰Ú ±…B x…¥……Æ˙h…, Æ˙I…… +…ËÆ˙ ∫…®…l…«x… +…ËÆ˙ Bx…+…Æ˙BS…B®… EÚ…‰ i…EÚx…“EÚ“ ∫…Ω˛…™…i……

3. Y……x… |…§…∆v…x…

4. EÚ…Ï……ÊÆ‰˙]ı ∫……®…… V…EÚ =k…Æ˙n˘… ™…i¥… …Æ˙ ∫……¥…«V… x…EÚ =t®……Â +…ËÆ˙ |……<¥…]ı EÚ…Ï……ÊÆ‰˙]ı E‰Ú ∫……l… ¥…S…x…§…r˘ Ω˛…‰x……

|…i™…‰EÚ ¥…π…™… ¥…∫i…÷ E‰Ú +v…“x…˙ =…±…Œ§v…™……‰∆ E‰Ú ∫…∆ I…i… ¥…¥…Æ˙h… x…“S…‰ n˘™…‰ V……i…‰ ΩÈ˛*

1. ∫……®…… V…EÚ ¥……h…x… +…ËÆ˙ ¥…∂…‰π…… v…EÚ…Æ˙˙ : BS…B±…B°Ú…“…“]ı“ EÚ…‰ ∫……®…… V…EÚ ¥……h…x… E‰Ú I…‰j… ®…Â n˘…‰ n˘∂…EÚ…Â EÚ… +x…÷¶…¥… ΩË˛* ¥…π…«2011-12 ®…Â x……EÚ…‰ EÚ…™…«GÚ®… E‰Ú +v…“x… E∆Úb˜…‰®… |……‰z…®…x… E‰Ú ±…B ∫…∆M…`ˆx… EÚ…‰ ∫……®…… V…EÚ ¥……h…x… EÚ…™…«GÚ®… |…n˘…x… EÚ™…… M…™……* <∫…+¥… v… E‰Ú n˘…ËÆ˙…x… ∫……®…… V…EÚ ¥……h…x… ™……‰V…x…… E‰Ú +v…“x… E÷Ú±… §……W……Æ˙ ¥…∫i……Æ˙ 242796 +…ËÆ˙ 192.11 ®…±™…x… E∆Úb˜…‰®… §…‰S…… l……*

BS…B±…B°Ú…“…“]ı“ E‰Ú M…¶…« x…Æ˙…‰v…EÚ §……∫…E‰Ú]ı EÚ…‰ ¥…∫i……Æ˙ EÚÆ˙x…‰ E‰Ú |…™……∫… ®…Â, …÷x…Ø˚i……n˘EÚ ∫¥……∫l™… ∫…∆∫l…… ∫…‰ ∫…Ω˛…™…i…… E‰Ú ∫……l…BEÚ x…¥……‰x®…‰π… … Æ˙™……‰V…x…… |……Æ∆˙¶… EÚ“ M…™…“* ®……x…EÚ n˘¥…∫… …r˘ i… ™…… ∫……< EÚ±… §…“b¬˜∫… ∫……®…… V…EÚ ∞¸… ∫…‰ ¥……h…x… EÚ™…… M…™……+…ËÆ ™…⁄ …“ E‰Ú EÚ…x……⁄Æ˙ V…±…‰ E‰Ú 40 x…M…Æ˙ §…Œ∫i…™……Â E‰Ú +…ËÆ˙ 2 §±……ÏEÚ…Â E‰Ú ±…M…¶…M… 4000 ®… Ω˛±……B∆ +§… <∫…EÚ… |…™……‰M…EÚÆ Æ˙Ω˛“ ΩÈ *

BS…B±…B°Ú…“…“]ı“ B°ÚBS…+…<« 360 E‰Ú ∫……l… ∫…Ω˛…™…i…… ∫…∆P… E‰Ú ∫……Z…‰n˘…Æ˙ E‰Ú ∞¸… ®…Â EÚ…™…« EÚÆ˙ Æ˙Ω˛… ΩË˛˛ +…ËÆ˙ ™…÷…“ E‰Ú 11 ∂…Ω˛Æ˙…Â ®…Â… Æ˙¥……Æ˙ x…™……‰V…x… …Æ˙ EÂÚ p˘i… EÚÆ˙x…‰ EÚ…Ú ∫¥……∫l™… …Ω˛±… §…b‰ …Ë®……x…‰ …Æ˙ EÚ…™……«Œx¥…i… EÚÆ˙ Æ˙Ω˛… ΩË* BS…B±…B°Ú…“…“]ı“ EÚ“ ®…÷J™… ¶…⁄ ®…EÚ…®……Ë J…EÚ M…¶…« x…Æ˙…‰v…EÚ M……‰ ±…™……Â +…ËÆ˙ E∆Úb˜…‰®……‰∆ EÚ… ∫……®…… V…EÚ ¥……h…x… ΩË˛* BS…B±…B°Ú…“…“]ı“ x…‰ +…x…‰ ¥…t®……x… + v…EÚ…Æ˙ x…‰]ı¥…E«Ú|…n˘…™…EÚ…Â E‰Ú ∫……l… ∫…∆™……‰V…x… E‰Ú u˘…Æ˙… ®… Ω˛±……+…Â EÚ…‰ +…<« ™…÷ b˜“ +…ËÆ˙ ∫…÷<™……ƒ ¶…“ |…n˘…x… EÚ“ Ω∆È* ¥…π…« 2011-12 ®…Â 8607136n˘∂…±…I… +n˘n E∆Úb˜…‰®…˘, 404821 ∫……< EÚ±∫… ®……Ë J…EÚ M…¶…« x…Æ˙…‰v…EÚ M……‰ ±…™……ƒ §…‰S…‰ M…B l…‰ *

™…⁄ x…∫…‰°Ú x…‰ BS…B±…B°Ú…“…“]ı“ EÚ“ ∫…Ω˛¶…… M…i…… E‰Ú ∫……l… ™…÷…“ E‰Ú ±… ±…i……÷Æ˙ V…±…‰ ®…Â +…‰+…Æ˙B∫… +…ËÆ˙ À∫…EÚ E‰Ú …Ω÷ƒ˛S…,V……M…Æ˙h…+…ËÆ˙ =…™……‰M… EÚ…‰ §…f¯…x…‰ E‰Ú ±…B ±… ±…i……÷Æ˙ V…±…‰ ®…Â +…‰+…Æ˙B∫… +…ËÆ˙ À∫…EÚ E‰Ú ∫……®…… V…EÚ ¥……h…x… E‰Ú ±…B BEÚ … Æ˙™……‰V…x……∂…÷∞¸ EÚ“* BS…B±…B°Ú…“…“]ı“ x…‰ ±… ±…i……÷Æ˙ V…±…‰ E‰Ú 6 §±……‰EÚ…Â E‰Ú 907 b˜……‰ v……Æ˙EÚ…Â B¥…∆ 661 M……ƒ¥……Â EÚ“ ∫…‰¥…… EÚ“ ¥™…¥…∫l……EÚÆ˙ ……™…“*

BS…B±…B°Ú…“…“]ı“ x…‰ + i…∫……Æ˙ |…§…∆v…x… +…ËÆ˙ x…¥……Æ˙h… E‰Ú |… i… V……M…∞¸EÚi…… …Ën˘… EÚÆ˙x…‰‰ E‰Ú ±…B M……ƒ¥… ∫i…Æ˙ …Æ˙ 218 ∫…®……V… §…Ë`ˆEÚ+…ËÆ˙ +v™………EÚ B¥…∆ ¥…t…Ãl…™……Â E‰Ú ∫……l… 69 ∫E⁄Ú±… EÚ…™…«EÚ±…………Â EÚ…‰ ¶…“ +…™……‰ V…i… EÚ“* <∫… +¥… v… ®…Â 1672 ∫…‰¥…… |…n˘…™…EÚ…Â EÚ…‰|… ∂…I…h… n˘™…… M…™……* BS…B±…B°Ú…“…“]ı“ ±… ±…i……÷Æ˙ V…±…‰ E‰Ú 907 b˜……‰ v……Æ˙EÚ…Â EÚ“ ∫…‰¥…… EÚ…‰ §±……‰EÚ ∫i…Æ˙ …Æ˙ 3 +…ËÆ˙˙ V…±…… ∫i…Æ˙…Æ˙ EÚ…™…« EÚÆ˙ Æ˙Ω˛… ΩË * 1 l……‰EÚ ¥™…………Æ˙“ E‰Ú ∫……l… EÚ…®… EÚÆ˙ Æ˙Ω˛… ΩË* +…‰+…Æ˙B∫… EÚ“ +x…÷…⁄Æ˙EÚ §…GÚ“ 34661 ∫……S…‰]ı +…ËÆ˙ À∫…EÚM……‰ ±…™……Â EÚ… 15631 ΩË*

BS…B±…B°Ú…“…“]ı“ u˘…Æ˙… ±……ƒS… EÚ™…… M…™…… ®…‰Æ˙“M……‰±b˜ ∫¥……∫l™… x…‰]ı¥…E«Ú ™…⁄ …“ E‰Ú 35 V…±……Â E‰Ú §…“S… ®…Â ∫…∆∫l…… …i… BEÚ ∫……®…… V…EÚ£Ú…x…S…ËÀ∫…M… ®……Ïb˜±… ΩË˛ * ™…‰ +∫…i……±… EÚ°Ú…™…i…“ n˘…®… …Æ˙ =SS… M…÷h…¥…k…… ®……i…fi- ∂…∂…÷ ∫¥……∫l™… ∫…‰¥…… |…n˘…x… EÚÆ˙i…‰ ΩÈ˛ * ™…÷ …“ E‰Ú 35 V…±……Â ®…Â E÷Ú±… 66 ®…‰Æ˙“M……‰±b˜ +∫…i……±… +…ËÆ˙ 371 ®…‰Æ˙“ ∫…±¥…Æ˙ ŒC±… x…EÚ ∫…∆∫l…… …i… EÚ™…‰ M…™…‰ * ¥…π…« 2011-12 ®…Â, <∫… x…‰]ı¥…E«ÚE‰Ú ®……v™…®… ∫…‰ |…n˘…x… EÚ“ M…<« ∫…‰¥……+…Â ®…Â 134785 |…∫…⁄ i…, 759630 |…∫…¥……⁄h…« Æ˙I……, 67686 b‰ E‰Ú™…Æ˙ |… GÚ™……, 38336+…<« ™…÷ b˜“ +∆i…¥…Ê∂…x…, 10644 §…∆v™…EÚÆ˙h… |…EÚÆ˙h… EÚ“ ∫…‰¥……Bƒ ∂…… ®…±… ΩÈ˛ * ¥…π…« 2011-12 E‰Ú ±…B ∫…÷Æ˙I…… EÚ…n÷M…÷x…… ¥…π…« 1007611 ΩË*


HINDUSTAN LATEX FAMILY PLANNING PROMOTION TRUST (HLFPPT), a not-for profit professional Health

Service Organisation set up by your company continued to carry out projects under the following strategic

areas.

1. Social Marketing and Franchising.

2. Prevention, care and support for HIV and Technical Assistance to NRHM.

3. Knowledge Management.

4. Engaging with PSUs and Private Corporate on Corporate Social Responsibility.

The achievements under each theme are summarised below :

1. Social Marketing and Franchising : HLFPPT has experience of over two decades of Social Marketing.

In 2011-12, the organisation was awarded the Social marketing program for condom promotion, under

NACO program. During this period, total outlet coverage was 242796 and sold 192.11 million Condoms

under social marketing scheme.

In HLFPPT's endeavour to expand the contraceptive basket, an innovative project was undertaken with

support from Institute of Reproductive Health. The standard days method or cycle beads has been

socially marketed and approx 4000 women are currently using this in 40 urban slums and 2 blocks of

Kanpur district of UP.

HLFPPT is working as a consortium partner with FHI 360 and implementing a large scale Urban Heath

Initiative focusing on family planning in 11 cities of UP. Key role of HLFPPT is Social marketing of Oral

Contraceptive pills and Condoms. HLFPPT also provided women with IUDs and injectables through

linkages with our existing franchisee network providers. In 2011-12, the total condoms sold were

86,07,136 pcs, OCPs 4,04,821 cycles.

UNICEF in partnership with HLFPPT has started a project on social marketing of ORS and Zinc in

Lalitpur district to enhance access, awareness and use of ORS & Zinc in Lalitpur district of Uttar

Pradesh. HLFPPT could cover 661 villages and services 907 depot holders in 6 blocks of Lalitpur

district.

HLFPPT has also organized 218 community meetings at village-level and 69 school activities with

teachers and students, for the awareness creation of diarrhea management and prevention. During

the period a total of 1672 service providers was trained. HLFPPT is working with 3 stockists at Block

level and 1 at district level to service the 907 depot holders of the Lalitpur district. The secondary sales

of ORS are 34661 sachets and 15631 zinc tablets.

The Merrygold Health Network launched by HLFPPT is a social franchising model established across

35 districts of UP. These hospitals provide high quality Maternal and Child Health services at affordable

prices. A total of 66 Merrygold Hospitals and 371 Merrysilver clinics have been established in 35

districts of UP. In 2011-12, total services provided through this network include 134785 deliveries,

759630 Antenatal Care, 67686 Day Care procedure, 38336 IUD insertion, 10644 sterilization cases.

The Couple Year of Protection (CYP) for 2011-12 is 1007611.

52 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

2. x……EÚ…‰ EÚ…‰ BS… +…<« ¥…“ |……‰O……À®…M… +…ËÆ˙ i…EÚx…“EÚ“ ∫…®…l…«x…

• E∆Úb˜…‰®… |……‰z…®…x… E‰Ú ±…B i…EÚx…“EÚ“ ∫…®…l…«x… n˘±… (]ı“ B∫… V…“) ∫……®…… V…EÚ ∞¸… ∫…‰ ¥…… h…i… E∆Úb˜…‰®……Â EÚ“ ®……ƒM… ®…Â ±…M……i……Æ˙ ¥…fi r˘∫…÷ x…Œ∂S…i… EÚÆ˙x…‰ +…ËÆ ±……Ï V…Œ∫]ıC∫… ®…W…§…⁄i… §…x……x……, ∫…÷±…¶…i……, =…±…§v…i……, + ¶…M…®™…i…… ®…W…§…⁄i… EÚÆ˙x…‰ +…ËÆ˙ x……EÚ…‰ E‰Ú ∫……l… §…Ω÷˛i… x…EÚ]ı EÚ…®… EÚÆ˙E‰Ú E∆Úb˜…‰®……Â E‰Ú +…¥™…™… EÚ®… EÚÆ˙x…‰ E‰Ú =q‰∂™… E‰Ú ∫……l… i…i¥…i…& EÚ…™…« EÚÆ˙i…… ΩË * ¥…π…« 2011-12 ®…Â,BS…B±…B°Ú…“…“]ı“ x…‰ 10 Æ˙…V™……Â E‰Ú §…“S… ®…Â 822000 n⁄˘EÚ…x… §…x……™…… ΩË˛ * ¥… ¥…v… B∫… B®… +…‰ B∫… E‰Ú u˘…Æ˙… E÷Ú±… ∫……®…… V…EÚ ¥……h…x… E∆Úb˜…‰®… 506 n˘∂…±…I… l…‰ *

• ¥…™…∫EÚ +…ËÆ˙ §…SS……Â ®…Â BS… +…<« ¥…“ ∫…‰ ∫…∆§…∆ v…i… Ø˚Mh…i…… +…ËÆ˙ ®…fii™…÷-n˘Æ˙ EÚ®… EÚÆ˙x…‰ +…ËÆ˙ BS… +…<« ¥…“ E‰Ú |…¶……¥… EÚ…‰ P…]ı…x…‰ EÚ“|… i…§…r˘i…… E‰Ú ∞¸… ®…Â Ω˛®… ¶……Æ˙i… EÚ“ V…x…∫…∆J™…… ∫…∆∫l……x… E‰Ú ®……v™…®… ∫…‰ ¥…Ë ∑…EÚ x… v… E‰Ú ∫…®…l…«x… E‰Ú ∫……l… ∫…®…÷n˘…™… Æ˙I…… EÂÚp˘…Â EÚ…‰∫…∆∫l…… …i… EÚÆ˙ Æ˙Ω‰˛ ΩÈ˛ * BS…B±…B°Ú…“…“]ı“ x…‰ =HÚ i……Æ˙“J… i…EÚ 32 Bx… V…“ +…‰/∫…“ §…“ +…‰ EÚ“ ∫……Z…‰n˘…Æ˙“ ∫…‰ =∫… ∫…®…÷n˘…™… Æ˙I……EÂÚp˘…Â EÚ…‰ ∫…∆∫l…… …i… EÚ™…… ΩË˛ - 6 Æ˙…V™……Â ®…Â 53222 ∫…‰¥……Ãl…™……Â EÚ…‰ …∆V…“EfiÚi… EÚ™…… ΩË˛ *

• ∫¥……M…i…“ … Æ˙™……‰V…x…… (]ı“ 1 ∫i…Æ˙ …Æ˙ Ω˛∫i…I…‰…) +…xw…… |…n‰˘∂… E‰Ú 8 i…]ı“™… V…±……Â ®…Â BS… +…Æ˙ V…“ (=SS… V……‰ J…®… n˘±…) ¥…∂…‰π…i…&®… Ω˛±…… ∫…‰C∫… EÚ…®…M……Æ˙ +…ËÆ˙ …÷Ø˚π……Â E‰Ú ∫……l… ∫…‰C∫… EÚÆ˙x…‰ ¥……±…‰ …÷Ø˚π……Â E‰Ú §…“S… ®…Â EÚ…™……«Œx¥…i… EÚ“ V…… Æ˙Ω˛“ ΩË˛ * ™…Ω˛ ∫…®…÷n˘…™… …Æ˙+…v…… Æ˙i… …Ω˛±… ΩË V…∫…®…Â 22 ∫…®…÷n˘…™… +…v…… Æ˙i… ∫…∆M…`ˆx……Â EÚ… BEÚ x…‰]ı¥…E«Ú §…x……™…… M…™…… +…ËÆ˙ ®……®…±……Â EÚ… …i…… EÚÆ˙x…‰ +…ËÆ˙ ∫……®…⁄ Ω˛EÚ∫¥……∫l™… GÚ™…… EÚ…‰ =`ˆ… ±…‰x…‰ E‰Ú ±…B 28383 ¥™… HÚ™……Â EÚ…‰ ∫…∂…HÚ EÚ™…… M…™…… *

• ¥…π…« 2011-12 ®…Â 9 + v…EÚ Æ˙…V™……Â ®…Â BS…B±…B°Ú…“…“]ı“ x…‰ x…™…… §…f¯…¥……˜ |……Æ∆¶… EÚÆi…‰ ∫…®…™… 4 Æ˙…V™……Â ®…Â ®… Ω˛±…… E∆Úb˜…‰®… ∫……®…… V…EÚ ¥……h…x… EÚ…™…«GÚ®……Â EÚ…‰ ∫…°Ú±…i………⁄¥…«EÚ …⁄Æ˙… EÚ™…… * ™…Ω˛ EÚ…™…«GÚ®… ®… Ω˛±…… ∫…‰C∫… EÚ…®…M……Æ˙…Â EÚ…‰ =x…EÚ“ UÙΩ˛…i…… +…ËÆ˙Ú §……i…S…“i… EÚ…Ë∂…±…EÚ…‰ ∫…∆§……‰ v…i… EÚÆ˙E‰Ú˙ =x…EÚ…‰ ∫…∂…HÚ §…x……x…‰ EÚ… |…™……∫… EÚÆ˙i…… ΩË˛ * ™…Ω˛ EÚ…™…«GÚ®… ¶……Æ˙i… E‰Ú 9 Æ˙…V™……Â E‰Ú 37000 ®… Ω˛±…… ∫…‰C∫…EÚ…®…M……Æ˙…Â i…EÚ …Ω÷ƒ˛S…x…‰ EÚ…‰ ±…I™… EÚÆ˙i…… ΩË˛ *

• ∫…∆EÚ±… … Æ˙™……‰V…x…… BS…B±…B°Ú…“…“]ı“ +…ËÆ˙ EÚ®…«S……Æ˙“ Æ˙…V™… §…“®…… x…M…®…, ∏…®… B¥…∆ Æ˙…‰W…M……Æ˙ ®…∆j……±…™… (B®…+…‰B±…<«) EÚ“Ú BEÚ ∫…∆™…÷HÚ… Æ˙˙™……‰V…x…… ΩË : §…“®…… ¥™… HÚ™……Â (+…<« …“ B∫…) +…ËÆ˙ =x…E‰Ú … Æ˙¥……Æ˙…Â E‰Ú ±…B ∫¥……∫l™… ∫…‰¥…… ∫…÷…÷n«M…“ EÚ…‰ ®…W…§…⁄i… EÚÆ˙x…‰ E‰ +…n‰∂… E‰Ú∫……l… EÚ…®… EÚÆ˙i…… ΩË * ™…Ω˛ … Æ˙™……‰V…x…… 524300 §…“®……EfiÚi… ¥™… HÚ™……Â i…EÚ …Ω÷ƒS…i…“ ΩË (EÚx……«]ıEÚ… ®…Â 195000 +…ËÆ˙ =k…Æ˙ |…n‰∂… ®…Â329300 §…“®……EfiÚi… ¥™… HÚ) *

• BS… B±… B°Ú …“ …“ ]ı“ +…xw…… |…n‰∂…, ®…v™… |…n‰∂… +…ËÆ˙ UÙk…“∫…M…f¯ E‰Ú Æ˙…V™… Bb¬∫… x…™…∆j…h… ∫… ®… i…™……Â EÚ…‰ i…EÚx…“EÚ“ ∫…Ω˛…™…i…… |…n˘…x…EÚÆ˙x…… V……Æ˙“ Æ˙J…… ΩË* ™…‰ ]ı“ B∫… ™…÷ B∫… B®…Ω˛…EÚ…Æ˙“ ¥…Y……x… +…ËÆ˙ x…M…Æ˙…x…“ ∫…‰ ∫…∆§…∆ v…i… i…EÚx…“EÚ“ ®……®…±……Â ®…Â ∫…®…l…«x… nÂM…‰,˙ BS… +…<«¥…“ |……‰O……À®…M… E‰Ú ∫…∆M…i… I…‰j……Â ®…Â |… ∂…I…h… +…ËÆ˙ x…Æ˙“I…h… EÚÆ˙x……, b‰˜]ı… E‰Ú ¥…∂±…‰π…h… EÚÆ˙i…‰ ΩÈ˛ +…ËÆ˙ x……EÚ…‰ |……‰O……À®…M… ∫…⁄ S…i… EÚÆ˙x…‰ E‰Ú ±…B Æ˙……‰]«ı ¥…EÚ ∫…i… EÚÆ˙i…… ΩË˛ +…ËÆ˙ |…i™…I…i…… +…v…… Æ˙i… ∫]≈ı…]‰ı V…EÚ x…™……‰V…x… ®…Â ∫…®…l…«x… n‰˘i…… ΩË˛ *

3. Y……x… |…§…∆v…x…

BS… B±… B°Ú …“ …“ ]ı“ x…‰ ∫……®…… V…EÚ ¥……h…x… ®…Â ∂…I…… |…±…‰J…x… EÚÆ˙x…‰, BS… +…<« ¥…“/Bb¬˜∫… +…ËÆ˙ +…Æ˙ ∫…“ BS… ®…ÂÚ ¥… ¥…v…… Æ˙™……‰V…x……Bƒ, …÷x…Ø˚i……n˘EÚ ∫¥……∫l™… ∫…‰ ∫…∆§…∆ v…i… +x…÷∫…∆v……x… +…™……‰ V…i… EÚÆ˙x…‰ +…ËÆ˙ Bx… B ∫…“ …“-iv +…ËÆ Bx… +…Æ˙ BS… B®… E‰Ú +v…“x…I…®…i…… §…x……x…‰ E‰Ú ±…I™… E‰Ú ∫……l… Y……x… |…§…∆v…x… ™…⁄ x…]ı ∫l…… …i… EÚ™…… ΩË˛ * ¥…π…« 2011-12 ®…Â, BS… B±… B°Ú …“ …“ ]ı“ x…‰ … Æ˙¥……Æ˙ x…™……‰V…x… +…ËÆ˙ ∫…∆GÚ®…h… x…¥……Æ˙h… …Æ˙ <«-±…‰Õh…M… ®……‰b˜¨⁄±∫… ±……ÏS… EÚ™…… ΩË˛* ™…Ω˛ BEÚ |…¥…‰∂… u˘…Æ˙ E‰Ú u˘…Æ˙… |…∫i…÷i… EÚ™…… V……BM…… +…ËÆ˙n‰˘∂… ¶…Æ˙ E‰Ú EÚ…™…«GÚ®… |…§…∆v…EÚ +…ËÆ˙ x…Õ∫…M… ¥…fi k…EÚ…Â EÚ…‰ + ¶…M…®™… Ω˛…‰M……* EÚ…™……«x¥…™…x… E‰Ú ¥… ¥…v… ∫i…Æ˙…Â E‰Ú +x…÷∫…∆v……x… +v™…™…x… ΩÈ˛ :

• ¶……Æ˙i… ®…Â E∆Úb˜…‰®… +…ËÆ˙ ±…⁄§… +v™…™…x… : +…¥…∂™…EÚi…… +…ËÆ˙ + ¶…Ø˚ S…

• |……‰V…‰∫]ıÆ˙…‰x… ¥…V…“x…±… ÀÆ˙M… (…“ ¥…“ +…Æ˙) +v™…™…x…

• ®……‰§……<±… ∫¥……∫l™… ŒC±… x…EÚ …Æ˙ p÷˘i… x…v……«Æ˙h… +v™…™…x…

• ∫…®…÷n˘…™… ¥…EÚ…∫… … Æ˙™……‰V…x……+…Â E‰Ú ±…B +…¥…∂™…EÚi…… x…v……«Æ˙h…

¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ E‰Ú … Æ˙¥……Æ˙ EÚ±™……h… EÚ…™…«GÚ®… ®…Â ®…Œ±]ı±……‰c˜ 375 +…<« ™…÷ ∫…“ b˜“ E‰Ú EÚ…™…«GÚ®… x…v……«Æ˙h… : ™…Ω˛ x…v……«Æ˙h… ¶……Æ˙i… E‰Ú 6 Æ˙…V™……ÂE‰Ú 6 V…±……Â ®…Â EÚ…™……«Œx¥…i… EÚ™…… M…™……* ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ®…∆j……±…™… x…‰ ∫……¥…«V… x…EÚ E‰Ú M…¶…« x…Æ˙…‰v…EÚ ®…C∫… ®…Â ®…Œ±]ı±……‰c˜ 375+…<« ™…÷ ∫…“ b˜“ ∂…… ®…±… EÚ™…… ΩË˛*


2. HIV Programming and Technical support to NACO

• Technical Support Group (TSG) for Condom Promotion essentially functions with an intent to ensure

continuous increase in the demand for socially marketed condoms and strengthen logistics, availability,

accessibility, reduce wastage of free condoms by working very closely with NACO. In 2011-12, HLFPPT

created 8,22,000 outlets across 10 states. Total socially marketed condoms by the different SMOs

were 506 million.

• As a commitment towards reducing HIV related morbidity and mortality in adults and children and

mitigating the impact of HIV, we are establishing Community Care Centres with the support of Global

Fund, through Population Foundation of India. Till date HLFPPT has established 34 community care

centres in partnership with 32 NGOs/CBOs-registered 53, 222 clients in 6 states.

• Swagati Project (intervention at TI level) is being implemented in 8 coastal districts of Andhra Pradesh

among the HRGs (High Risk Groups) especially female sex workers and Men having sex with Men. It

is community led initiative in which a network of 22 community Based organizations have been formed

and 28,383 persons empowered to address issues and take up collective health action.

In 2011-12 HLFPPT successfully completed Female Condom social marketing programme in 4 states

while initiating a new scale upto 9 more states. The program strives to empower Female Sex Workers

by addressing their vulnerabilities and building negotiation skills. The program aims to reach to 37,000

female sex workers in 9 states of India.

• The Sankalp project is a joint project of HLFPPT and Employee's State Insurance Corporation, Ministry

of Labour & Employment (MoLE); working with a mandate of strengthening the health service delivery

for Insure Persons (IPs) and their families. The project reaches out to 5,24,300 Insured Persons;

(1,95,000 in Karnataka and 3,29,300 IPs in Uttar Pradesh)

• HLFPPT continued to provide Technical Assistance to State Aids Control Societies in Andhra Pradesh,

Madhya Pradesh & Chhattisgarh. These TSUs provide support in technical issues related to

epidemiology and surveillance, training and provide oversight in the relevant areas of HIV programming,

analyze data and develop reports to inform programming of NACO and provide technical support in

evidence based strategic planning.

3. Knowledge Management

HLFPPT has established knowledge management unit with the objective of documenting learnings in

social marketing, various projects in HIV/AIDS and RCH; conducting research related to reproductive

health and undertaking capacity building under NACP-IV and NRHM. In 2011-12, HLFPPT launched

e-learning modules on family planning and infection prevention. This will be offered through a gateway

and will be accessible to program managers and nursing professionals, across the country. Research

Studies at various stages of implementation are :

• Condom and lube study in India : Needs and Preference

• Progesterone Vaginal Ring (PVR) Study

• Rapid Assessment Study on Mobile Health Clinic

• Need Assessment for community development projects

Program Assessment of the introduction of the Multiload 375 IUCD in the Family Welfare Program of the

Government of India: The assessment was carried out in 6 districts in 6 states of India. MOHFW has

included Multiload 375 IUCD in the public sector's contraceptive mix.

54 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

II. EÚ…Ï……ÊÆ‰]ı + ¶…∂……∫…x… …Æ˙ Æ˙……‰]«ı

EÚ…Ï……ÊÆ‰]ı + ¶…∂……∫…x… …Æ˙ E∆Ú…x…“ EÚ… n˘∂…«x…

E∆Ú…x…“ u˘…Æ˙… ∫¥…“EfiÚi… EÚ…Ï……ÊÆ‰]ı + ¶…∂……∫…x… x…“ i…™……Â EÚ… ®…⁄±… ±…I™… ……Æ˙nÃ∂…i……, =k…Æ˙n˘… ™…i¥… +…ËÆ˙ +J…∆b˜i…… EÚ… =SS…i…®… ∫i…Æ˙ |……i… EÚÆ˙x…… ΩË*™…Ω˛ ±…I™… ∫……¥…«V… x…EÚ =t®… ¥…¶……M… u˘…Æ˙… V……Æ˙“ EÚB M…B EÂÚp˘“™… ∫……¥…«V… x…EÚ =t®… E‰Ú ±…B EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x… …Æ˙ ®……M…« x…nÊ˘∂… E‰Ú+x…÷……±…x……l…« ®……j… Ω˛“ x…Ω˛”, §…Œ±EÚ EÚ…™…«…r˘ i…™……Â +…ËÆ˙ |…h…… ±…™……Â EÚ…‰ ∫… z… ¥…π]ı EÚÆ˙E‰Ú =∫…E‰Ú …Æ‰˙ ¶…“ V……x…… ΩË˛, V……‰ EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x… E‰Ú=k…®… |…l…… E‰Ú +x…÷∫……Æ˙ ΩË˛* +……EÚ“ E∆Ú…x…“ ¥…∑……∫… EÚÆ˙i…“ ΩË˛ EÚ +SUÙ… EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x… ∫…¶…“ …h…v…… Æ˙™……Â E‰Ú ¥…∑……∫… +…ËÆ˙+…i®… ¥…∑……∫… EÚ…‰ §…g¯…i…… ΩË* EÚ…Ï……ÊÆ‰]ı ¥™…¥…Ω˛…Æ˙ ®…Â +SUÙ“ |…l…… E∆Ú… x…™……Â ®…Â V…x…i…… EÚ… ¥…∑……∫… §…g¯…x…‰ B¥…∆ +x…÷Æ˙I…h… EÚÆ˙x…‰ E‰Ú ±…B ∫…Ω˛…™…i……EÚÆ˙i…“ ΩË*

+……EÚ“ E∆Ú…x…“ +…x…“ EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x… …r˘ i… EÚ“ ∫…®…“I…… ™…Ω˛ ∫…÷ x…Œ∂S…i… EÚÆ˙x…‰ E‰Ú ±…B EÚÆ˙i…“ ΩË˛ EÚ ¥…‰ EÚ…Ï……ÊÆ‰˙]ı ∫l…±… ®…Â x…¥…“x…i…®… ¥…EÚ…∫… |… i…À§… §…i… EÚÆ˙i…… ΩË˛ +…ËÆ˙ =k…®… EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x… EÚ…™……Á EÚ“ …÷Œπ]ı EÚÆ˙i…“ ΩË˛˛* +……EÚ“ E∆Ú…x…“ +…x…‰ ∫…¶…“ EÚ…™…«EÚ±…………Â ®…Â=iEfiÚπ]ıi…… EÚ…‰ ±…I™… EÚÆ˙E‰Ú +…x…‰ ∂…‰™…Æ˙v…… Æ˙™……Â EÚ“ ∫…∆… k… EÚ…‰ §…f¯…x…‰ ®…Â |… i…§…r˘ ΩË˛*

E∆Ú…x…“ E‰Ú EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x… x…“ i…™……Â B¥…∆ |…l……Bƒ x…®x… ±… J…i… ∫…r˘…∆i……Â …Æ˙ °Ú…‰EÚ∫… EÚÆ˙i…“ ΩË˛ :

i. §……‰b«˜ +…ËÆ˙ |…§…∆v…x… ∫…‰ ∫…∆§…∆ v…i… EÚi…«¥™… +…ËÆ˙ =k…Æ˙n˘… ™…i¥……Â EÚ…‰ …Ω˛S……x…x……*

ii. =SS… b˜O…“ |…EÚ]“EÚÆ˙h… ∫i…Æ˙ EÚ…‰ §…x……™…‰ Æ˙J…x…‰ E‰Ú u˘…Æ˙… =SS…i…®… b˜O…“ ……Æ˙n˘Ã∂…i…… |……i… EÚÆ˙x……*

iii. <∫…EÚ“ EÚ…™…« …r˘ i… ®…Â =SS… x…Ë i…EÚ ®……x…EÚ ∫…÷ x…Œ∂S…i… EÚÆ˙x…… +…ËÆ˙ §…x……™…‰ Æ˙J…x……*

iv. V……‰ J…®… |…§…∆v…x… +…ËÆ˙ +…∆i… Æ˙EÚ x…™…∆j…h… EÚ“ ®…W…§…⁄i… …r˘ i… ∫…÷ x…Œ∂S…i… EÚÆ˙x……*

v. ™…Ω ∫…÷ x…Œ∂S…i… EÚÆ˙x…… EÚ E∆Ú…x…“ E‰Ú EÚ®…«S……Æ˙“ EÚ…Ï……ÊÆ‰˙]ı ®…⁄±™……Â ∫…‰ ∫…Ω˛®…i… Ω˛…‰i…‰ ΩÈ˛˛ +…ËÆ˙ =x…EÚ…‰ +…x…‰ +…S…Æ˙h… ®…Â |…™……‰M… EÚÆ˙i…‰ ΩÈ˛*

vi. ™…Ω˛ ∫…÷ x…Œ∂S…i… EÚÆÂ˙ EÚ x…h…«™… §…x……x…‰ EÚ“ |… GÚ™…… ∫…π]ı B¥…∆ ……Æ˙n˘Ã∂…i… ΩË˛*

vii. ™…Ω˛ ∫…÷ x…Œ∂S…i… EÚÆÂ˙ EÚ E∆Ú…x…“ ¥…Ë ∑…EÚ ∞¸… ∫…‰ ∫¥…“EfiÚi… EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x… …r˘ i…™……Â EÚ… +x…÷∫…Æ˙h… EÚÆ˙i…“ ΩË˛ *

+……EÚ“ E∆Ú…x…“ ®…Â ……±…x… EÚÆ˙x…‰ ¥……±…‰ EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x… …r˘ i…™……Â E‰Ú ∫…∆ I…i… ¥…¥…Æ˙h… x…“S…‰ n˘™…‰ V……i…‰ ΩË∆˛ -

1. x…n‰∂…EÚ ®…∆b˜±…

1.1 §……‰b« S……]«ıÆ˙ EÚ… +∆M…“EÚÆ˙h…

§……‰b«˜ EÚ“ |……l… ®…EÚ EÚi…«¥™…, E∆Ú…x…“ E‰Ú Ω˛i… EÚ…‰ ∫…÷Æ˙ I…i… Æ˙J…x…‰, =∫…E‰Ú …h…v…… Æ˙™……∆‰ +…ËÆ˙ =x…E‰Ú ®…⁄±™… EÚ…‰ §…f¯…x…‰ EÚ“ x™…… ∫…i…… ΩË˛* x™……∫…“ E‰Ú∞¸… ®…Â §……‰b«˜ ™…Ω˛ ∫…÷ x…Œ∂S…i… EÚÆ˙i…… ΩË˛ EÚ E∆Ú…x…“ EÚ…‰ =…±…Œ§v… E‰Ú ±…B ∫…π]ı =q‰˘∂™… +…ËÆ˙ x…“ i…™……ƒ ΩË˛, V……‰ E∆Ú…x…“ E‰Ú o˘Œπ]ıEÚ…‰h… +…ËÆ˙ ±…I™…E‰Ú ∫……l… M…`ˆ§…∆ v…i… ΩË˛ * §……‰b«˜ ∫]≈ı…]‰ı V…EÚ x…nÊ˘˘∂… |…n˘…x… EÚÆ˙i…… ΩË˛, EÚ…Ï……ÊÆ‰˙]ı x…π……n˘x… EÚ“ ∫…®…“I…… EÚÆ˙i…… ΩË˛, ∫]≈ı…]‰ı V…EÚ x…h…«™……Â EÚ…|…… v…EÚÆ˙h… +…ËÆ˙ +x…÷¥…“I…h…˙ EÚÆ˙i…… ΩË˛, ¥… x…™……®…EÚ +x…÷……±…x… ∫…÷ x…Œ∂S…i… EÚÆ˙i…… ΩË˛ +…ËÆ …h…v…… Æ˙™……Â EÚ“ Ω˛i… EÚ“ ∫…÷Æ˙I…… EÚÆ˙i…… ΩË˛ * §……‰b«˜,E∆Ú…x…“ E‰Ú =SS… ∫i…Æ˙ EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x… EÚ… +x…÷Æ˙I…h… +…ËÆ˙ ……±…x…-……‰π…h… EÚÆ˙x…‰ E‰Ú ±…B =k…Æ˙n˘…™…“ ΩË˛ *

∫……¥…«V… x…EÚ =t˘®… ¥…¶……M… u˘…Æ˙… V……Æ˙“ EÂÚp˘“™… ∫……¥…«V… x…EÚ =t®… E‰Ú ±…B EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x… …Æ˙ ®……M…« x…nÊ˘∂…, ®…<« 2010 ®…Â ∫…π]ı EÚÆ˙i……ΩË EÚ ®…∆b˜±… EÚ…‰ §……‰b« S……]«ıÆ˙ EÚ… BEÚ +…Ë…S…… Æ˙EÚ ¥…¥…Æ˙h… Ω˛…‰x…… S…… Ω˛B* x…n‰∂…EÚ ®…∆b˜±… x…‰ E∆Ú…x…“ ®…Â §……‰b« S……]«ıÆ˙ EÚ…‰ + ¶…∫¥…“EfiÚi…˙ EÚ™…… ΩË,V……‰ E∆Ú…x…“ E‰Ú x…n‰˘∂…EÚ ®…∆b˜±… EÚ“ EÚi…«¥™…, ∫…∆Æ˙S…x……, =k…Æ˙n˘… ™…i¥… +…ËÆ˙ |…S……±…x… +…ËÆ˙ =∫…E‰Ú |…… v…EÚ…Æ˙ E‰Ú |…i™……™……‰V…x… EÚ…‰ ∫…π]ı ∞¸… ∫…‰ x…Ãn˘π]ı EÚÆ˙x……˛ *

1.2 +…S…Æ˙h… ∫…∆ Ω˛i…… +…ËÆ˙ +…S……Æ˙ x…“ i…

b˜“ …“ <« u˘…Æ˙… V……Æ˙“ EÚ™…‰ M…™…‰ ∫…“ …“ B∫… <«B∫…-2010 E‰Ú ±…B EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x… E‰Ú n˘∂……- x…nÊ˘∂……Â E‰Ú +x…÷∫……Æ˙ E∆Ú…x…“ E‰Ú EÚ…™……Á E‰Ú


II. REPORT ON CORPORATE GOVERNANCEThe Company's philosophy on Corporate Governance

The basic objective of Corporate Governance policies adopted by the Company is to attain the highest levels

of transparency, accountability and integrity. This objective extends not merely to comply with the Guidelines

on Corporate Governance for Central Public Sector Enterprises issued by the Department of Public

Enterprises, but also to go beyond them by putting into place procedures and systems, which are in accordance

with the best practices of Corporate Governance. Your Company believes that good Corporate Governance

enhances the trust and confidence of all the stakeholders. Good practice in corporate behaviour helps to

enhance and maintain public trust in companies.

Your Company reviews its Corporate Governance practices to ensure that they reflect the latest developments

in the corporate arena and confirm to the best Corporate Governance practices. Your Company is committed

to pursue excellence in all its activities and maximize its shareholder's wealth.

The Company's Corporate Governance policies and practices focus on the following principles :

i. To recognize the respective roles and responsibilities of the Board and management.

ii. To achieve the highest degree of transparency by maintaining a high degree of disclosure levels.

iii. To ensure and maintain high ethical standards in its functioning.

iv. To ensure a sound system of risk management and internal controls.

v. To ensure that employees of the Company subscribe to the corporate values and apply them in their

conduct.

vi. To ensure that the decision making process is fair and transparent.

vii. To ensure that the Company follows globally recognized Corporate Governance practices.

A brief description of the Corporate Governance practices followed in your Company is given below :

1. BOARD OF DIRECTORS

1.1. Adoption of Board Charter

The primary role of the Board is that of trusteeship to protect the interest of company, its stakeholders and

enhance their value. As trustee, the Board ensures that the company has clear goals and policies for

achievement, which are in allignment with the Vision and Mission of the company. The Board provides

strategic direction, reviews corporate performance, authorizes and monitors strategic decisions, ensures

regulatory compliances and safeguards interest of stakeholders. The Board is responsible for maintaining

and nurturing high levels of the Corporate Governance of the company.

The Guidelines on Corporate Governance for Central Public Sector Enterprises, May 2010 issued by the

Department of Public Enterprises state that the Board should have a formal statement of Board Charter. The

Board of Directors has adopted Board Charter in the Company, which clearly sets out the role, structure,

responsibilities and operation of Company's Board of Directors and its delegation of authority.

1.2 Code of Conduct and Ethics

The Company has laid down a Code of Conduct and Ethics for all Board Members and senior management

of the company as per Guidelines on Corporate Governance for CPSEs-2010 issued by the DPE for the

purpose of enhancing ethical and transparent process in managing the affairs of the Company.

56 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

|…§…∆v… EÚÆ˙x…‰ E‰Ú x…Ë i…EÚ +…ËÆ˙ ……Æ˙n˘Ã∂…EÚ |… GÚ™……+…Â EÚ…‰ §…g¯…x…‰ E‰Ú =q‰˘∂™… E‰Ú ±…B E∆Ú…x…“ x…‰ ∫…¶…“ ®…∆b˜±… |… i… x… v…™……Â +…ËÆ˙ ¥… Æ˙π`ˆ |…§…∆v…x… E‰Ú ±…B BEÚ +…S…Æ˙h… ∫…∆ Ω˛i…… +…ËÆ˙ +…S……Æ˙ x…“ i… x…v……« Æ˙i… EÚ“˛ *

i…n˘x…÷∫……Æ˙, E∆Ú…x…“ E‰Ú ®…∆b˜±… |… i… x… v… +…ËÆ˙ ¥… Æ˙π`ˆ |…§…∆v…x… EÚ…Ã®…EÚ…Â x…‰ |…¶……¥…“ +¥… v… E‰Ú ±…B +…S…Æ˙h… ∫…∆ Ω˛i…… +…ËÆ˙ +…S…Æ˙h… x…“ i… …Æ˙+x…÷……±…x… …Æ˙ +…x…… ∫…®…l…«x… |…∫i…÷i… EÚ™…… ΩË˛ *

+v™…I… B¥…∆ |…§…∆v… x…n‰∂…˘EÚ E‰Ú |…¶……¥…“ P……‰π…h…… x…“S…‰ n˘™…… V……i…… ΩË˛ :

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜ E‰Ú …h…v…… Æ˙™……Â EÚ…‰

¥…π…™… : +…S…Æ˙h… ∫…∆ Ω˛i…… +…ËÆ˙ +…S…Æ˙h… x…“ i… E‰Ú ∫……l… +x…÷……±…x…

®…È Bi…n¬˘u˘…Æ˙… P……‰π…h…… EÚÆ˙i…… Ω⁄ƒ˛ EÚ ∫…¶…“ ®…∆b˜±… |… i… x… v… +…ËÆ˙ ¥… Æ˙π`ˆ |…§…∆v…x… EÚ…Ã®…EÚ…Â x…‰ x…n‰˘∂…EÚ ®…∆b˜±… u˘…Æ˙… +…x……B M…B +…S…Æ˙h…∫…∆ Ω˛i…… E‰Ú ∫……l… +x…÷……±…x… EÚ… ∫…®…l…«x… EÚ™…… ΩË˛ *14 +M…∫i…, 2012 b˜…Ï.B®…. +™™……x… i…Ø˚¥…x…∆i……÷Æ˙®… +v™…I… B¥…∆ |…§…∆v… x…n‰˘∂…EÚ

1.3 =t®… V……‰ J…®… |…§…∆v…x… (<«+…Æ˙B®…) x…“ i…

∫…®…“I……v…“x… ¥…π…« E‰Ú n˘…ËÆ˙…x…, E∆Ú…x…“ x…‰ =t®… V……‰ J…®… |…§…∆v…x… x…“ i… +…x……™…“ ΩË* <«+…Æ˙B®… ∞¸…Æ‰J…… E‰Ú ∞¸… ®…Â, ±…M…¶…M… 150 V……‰ J…®… E‰Ú BEÚV……‰ J…®… ±……<«•…Æ˙“ ∫…‰ 41 ®…Ω˛i¥……⁄h…« V……‰ J…®… EÚ“ …Ω˛S……x… EÚ“ ΩË˛* <x… ®…Ω˛i¥……⁄h…« V……‰ J…®… E‰Ú §…“S…, E∆Ú…x…“ E‰Ú x…n‰˘∂…EÚ…Â +…ËÆ˙ ¥… Æ˙π`ˆ+ v…EÚ… Æ˙™……Â E‰Ú u˘…Æ˙… x…π…… n˘i… ®…i…n˘…x… +¶™……∫… ∫…‰ E∆Ú…x…“ 15 |…®…÷J… ∂…®…x… =……™… +…‰ I…i… V……‰ J…®… S…™… x…i… EÚ™……* <«+…Æ˙B®… ∞¸…Æ‰˙J……®…÷J™… ∞¸… ∫…‰ x…®x… V…Ë∫…‰ ∂…… ®…±… ΩÈ˛:

• =t®… V……‰ J…®… |…§…∆v…x… x…“ i…

• |…®…÷⁄J… V……‰ J…®… |…§…∆v…x… EÚÆ˙x…‰ E‰Ú ±…B ∫…®…™… E‰Ú ∫……l… |… GÚ™…… ®…… ±…EÚ…Â E‰Ú ±…B ∂…®…x… ™……‰V…x…… V…®®…‰n˘… Æ˙™……ƒ x…™…i… EÚÆ˙ Æ˙Ω˛… ΩË˛*

• +x…÷¥…i…‘ B¥…∆ ®……Ïx…“]ıÀÆ˙M… ( x…M…Æ˙…x…“) =q‰˘˘™……Â E‰Ú ±…B V……‰ J…®… Æ˙ V…∫]ıÆ˙ E‰Ú +x…÷Æ˙I…h… E‰Ú ±…B ∫…⁄S…x…… |……Ët…‰ M…EÚ“ ™…÷HÚ =…EÚÆ˙h…*

• =SS… |…l… ®…EÚi…… V……‰ J…®… E‰Ú ±…B ∂…®…x… ™……‰V…x…… ™…÷HÚ V……‰ J…®… Æ˙ V…∫]Æ˙ı*

E∆Ú…x…“ x…‰ V……‰ J…®… |…§…∆v…x… |… GÚ™……+…Â E‰Ú x…™……‰V…x… EÚ“ n‰˘J…Æ‰˙J… E‰Ú ±…B BEÚ ®…÷J™… V……‰ J…®… + v…EÚ…Æ˙“ EÚ…‰ x…… ®…i… EÚ™…… ΩË˛*

1.4 x…n‰∂…EÚ ®…∆b˜±… EÚ“ §…x……¥…]ı

+……EÚ“ E∆Ú…x…“ E‰Ú ®…∆b˜±… ®…Â +…x…‰ ∫…∆§…∆ v…i… I…‰j… ®…Â |… i…Œπ`ˆi… ¥™… HÚ ∫…®…… ¥…π]ı ΩË˛*

E∆Ú…x…“ EÚ“Ú ®…∆V…⁄Æ˙ EÚ“ M…<« ∂… HÚ 9 (x……Ë) EÚ“ +…‰Æ˙Ú x…n‰˘∂…EÚ ®…∆b˜±… EÚ“ ¥…i…«®……x… ∂… HÚ 7 (∫……i…) ΩË˛ V…∫…®…Â ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h…®…∆j……±…™…, ¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ E‰Ú |… i… x… v…i¥… EÚÆ˙x…‰ ¥……±…‰ n˘…‰ (2) ∫¥…i…∆j… x…n‰˘∂…EÚ +…ËÆ˙ i…“x… (3) ˙ EÚ…™……«i®…EÚ x…n‰˘∂…EÚ - ™……x…“ x…n‰˘∂…EÚ( ¥……h…x…), x…n‰∂…EÚ ( ¥…k…) +…ËÆ˙ +v™…I… B¥…∆ |…§…∆v…EÚ x…n‰∂…EÚ˛* +¶…“ ∫¥…i…∆j… x…n‰∂…EÚ E‰Ú BEÚ …n˘ +…ËÆ˙ EÚ…™……«i®…EÚ x…n‰∂…EÚ E‰Ú BEÚ …n˘ E‰Ú Æ˙HÚ Ω∆Ë* BS…B±…B±… x…‰ n˘…‰x……Â Æ˙ HÚ…‰∆ EÚ…‰ ¶…Æ˙x…‰ EÚ“ EÚ…Æ«¥……<« ∂…÷∞¸ EÚ“ ΩË*

∏…“ B®….b˜“ ∏…“E÷Ú®……Æ˙, x…n‰…EÚ (i…EÚx…“EÚ“ B¥…∆ |…S……±…x…) x…‰ BS…B®…]ı˜“ ®…∂…“x… ]⁄ı±∫… ±… ®…]‰ıb˜ E‰Ú |…§…∆v… x…n‰∂…EÚ E‰Ú ∞¸… ®…Â =x…EÚ“ x…™…÷ HÚ E‰Ú°Ú±…∫¥…∞¸… 25 +|…Ë±… 2012 ∫…‰ E∆Ú…x…“ E‰Ú x…n‰˘∂…EÚ …n˘ ∫…‰ <∫i…“°Ú… n‰˘ n˘™…… ΩË˛*


Accordingly, the Members of the Board and senior management personnel of the Company have submittedtheir affirmation on compliance with the Code of Conduct and Ethics for the effective period.

The declaration by the Chairman and Managing Director to that effect is given below :

To the Stakeholders of HLL Lifecare Limited

Sub : Compliance with Code of Conduct and Ethics

I hereby declare that all the Board Members and Senior management Personnel have affirmed compliance

with the Code of Conduct as adopted by the Board of Directors.

14 August 2012 Dr. M. Ayyappan

Thiruvananthapuram Chairman and Managing Director

1.3. Enterprise Risk Management (ERM) Policy

During the year under review, the Company has adopted Enterprise Risk Management Policy. As part of ERMframework, the company has identified 41 significant risks from a risk libarary of around 150 risks. Amongstthese significant risks, the company selected 15 major risks requiring mitigation measures by a ballotingexercise performed by directors and senior officials of the company. The ERM framework mainly comprises

the following.

• Enterprise Risk Management Policy.

• Mitigation plans assigning responsibilities to the process owners with timelines for managing the

major risks.

• Information Technology enabled tool for maintenance of risk register for follow up and monitoring

purposes.

• Risk Register containing mitigation plans for high priority risks.

The Company has nominated a Chief Risk Officer for overseeing the deployment of the Risk Management

Procedures.

1.4. Composition of Board of directors

Your Company's Board comprises of individuals who are reputed in their respective fields.

The present strength of Board of Directors of the Company is 7 (Seven) against a sanctioned strength of nine(9) comprising (2) official directors representing the Ministry of Health & Family Welfare, Government ofIndia, two (2) independent directors and three (3) functional directors - namely, Director (Marketing),Director (F) and Chairman & Managing Director. One position of Independent director and one position of

Functional Director are presently vacant. The Company has already initiated action to fill up both the vacancies.

Shri. M.D. Sreekumar, Director (Technical & Operations) has resigned from the Directorship of the companyw.e.f. 25th April 2012, consequent on this appointment as the Managing Director of HMT Machine Tools Ltd.

58 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

1 +M…∫i…, 2012 i…EÚ E‰Ú x…n‰˘∂…EÚ ®…∆b˜±… EÚ“ §…x……¥…]ı x…®x… V…Ë∫…‰ ΩÈ˛:

x…n‰∂…EÚ EÚ… x……®… x…n‰∂…EÚ EÚ“ ∏…‰h…“+x™… x…n‰∂…EÚ ∂…… +x™… E∆Ú… x…™……Â/∫…∆∫l……+…ÂEÚ“ ∫…∆J™…… ®…Â ®…∆b˜±… EÚ“ +v™…I…i…… /

®…∆b˜±… EÚ“ ∫…n˘∫™…i……EÚ“ ∫…∆J™……

b˜…Ï. B®….+™™……x… +v™…I… B¥…∆ |…§…∆v…EÚ x…n‰∂…EÚ˛ 3 1

∏…“ +…Æ˙.E‰Ú. V…Ëx…, +…<« B B∫… ∫…Æ˙EÚ…Æ˙ x…… ®…i… x…n‰∂…EÚ˛ ∂…⁄x™… ∂…⁄x™…

b˜…Ï.B.E‰Ú.……∆b‰, +…<« B B∫… ∫…Æ˙EÚ…Æ˙ x…… ®…i… x…n‰∂…EÚ˛ 1 ∂…⁄x™…

∏…“ ∫…∆V…“¥… EÚ…⁄Æ˙ M…ËÆ˙ ∫…Æ˙EÚ…Æ˙“ +∆∂…EÚ… ±…EÚ x…n‰˘∂…EÚ 5 8

b˜…Ï. +…Æ˙i…“ ¥…V… M…ËÆ˙ ∫…Æ˙EÚ…Æ˙“ +∆∂…EÚ… ±…EÚ x…n‰˘∂…EÚ ∂…⁄x™… ∂…⁄x™…

∏…“ E‰Ú.E‰Ú.∫…÷Æ‰∂… E÷Ú®……Æ˙ x…n‰∂…E ( ¥……h…x… ) 2 1

∏…“ +…Æ˙.…“. J…hb‰˜±…¥……±… x…n‰∂…EÚ ( ¥…k…) 1 1

1.5. §…Ë ÊÚ +…ËÆ˙ Ω˛… V…Æ˙“

31 ®……S…«, 2012 EÚ…‰ ∫…®……i… ¥…k…“™… ¥…π…« E‰Ú n˘…ËÆ˙…x…, E∆Ú…x…“ E‰Ú x…n‰˘∂…EÚ ®…∆b˜±… x…‰ UÙ& (6) §……Æ §…Ë`ÊÚ +…™……‰ V…i… EÚ”, ™……x…“ 26 +|…Ë±…2011, V…÷±……<« 29, 2011, +M…∫i… 10, 2011, n˘∫…∆§…Æ˙ 3, 2011, °ÚÆ˙¥…Æ˙“ 16, 2012 +…ËÆ˙ ®……S…« 28, 2012 *

®…∆b˜±… §…Ë`ÊÚ +…ËÆ˙ M…i… ¥……Ãπ…EÚ ∫……®……x™… §…Ë`ÊÚ EÚ“ Ω˛… W…Æ˙“ ∫…⁄S…x…… x…“S…‰ n˘“ V……i…“ ΩË˛*

x…n‰∂…EÚ EÚ… x……®… ¥…π…« E‰Ú n˘…ËÆ˙…x… §…Ë`ÊÚ EÚ“ Ω˛… V…Æ˙“ 2011-12 E‰Ú n˘…ËÆ˙…x…+…™……‰ V…i… ®…∆b˜±… §…Ë ÊÚ ®…∆b˜±… §…Ë`ÊÚ M…i… B V…“ B®…

b˜…Ï. B®….+™™……x… 6 6 Ω˛…ƒ

∏…“ x…¥…‰n˘ ®…∫…⁄n˘ 2 2 Ω˛…ƒ

∏…“ +…Æ˙.E‰Ú. V…Ëx… 3 3 x…Ω˛”

b˜…Ï.B.E‰Ú.……∆b‰˜ 6 5 Ω˛…ƒ

∏…“ ∫…∆V…“¥… EÚ…⁄Æ˙ 6 6 Ω˛…ƒ

b˜…Ï. +…Æ˙i…“ ¥…V… 6 3 x…Ω˛”

∏…“ E‰Ú.E‰Ú.∫…÷Æ‰∂… E÷Ú®……Æ˙ 6 6 x…Ω˛”

∏…“ +…Æ˙.…“. J…hb‰˜±…¥……±… 6 6 Ω˛…ƒ

∏…“ B®….b˜“. ∏…“E÷Ú®……Æ˙ 6 5 x…Ω˛”

1.6 +…<« ∫…“ B∫… +…<« u˘…Æ˙… V……Æ˙“ EÚB M…B ∫…‰G‰Ú]‰ı Æ˙™…±… ∫]Èıb‰b« (B∫… B∫…)

∫…®…“I……v…“x… ¥…π…« E‰Ú n˘…ËÆ˙…x…, E∆Ú…x…“ x…‰ x…n‰∂…EÚ ®…∆b˜±… EÚ“ §…Ë ÊÚ…‰∆ E‰Ú +…™……‰V…x… +…ËÆ˙ |…§…∆v… EÚÆ˙x…‰ E‰Ú ±…B x…™…i…ı ∫…r˘…∆i……Â, ∫… ®… i…™……Â EÚ“Ú §…Ë ÊÚ+…ËÆ˙ =∫…∫…‰ ∫…∆§…∆ v…i… ®……®…±……Â …Æ E∆Ú…x…“ ∫…‰G‰Ú]Æ˙“∫… +…Ï°Ú <∆ b˜™…… EÚ“Ú ∫…∆∫l…… u˘…Æ˙… V……Æ˙“ EÚB M…B ∫…‰G‰Ú]‰ı Æ˙™…±… ∫]Èıb‰˜b«˜ (B∫…B∫…-1),ı…™……«i… ∞¸… ∫…‰ +x…÷……±…x… EÚ™…… ΩË*


The Composition of the Board of Directors as on 1st August, 2012 is as follows :

Name of the Director Category of Director No. of No. of Chairmanshipother of Board/membershipDirectorship of Committee in otherheld companies/institutions

Dr. M. Ayyappan Chairman and 3 1Managing Director

Shri. R.K. Jain, IAS Government Nil NilNominee Director

Dr. A.K. Panda, IAS Government 1 NilNominee Director

Shri. Sanjiv Kapoor Non Official Part time 5 8Director

Dr. Aarati Vij Non Official Part time Nil NilDirector

Shri. K.K. Suresh Kumar Director (Marketing) 2 1

Shri. R.P. Khandelwal Director (Finance) 1 1

1.5 Meeting and Attendance

During the financial year ended 31st March, 2012 , the Board of Directors of the company met six (6) times,i.e. on 26th April, 2011, July 29, 2011, August 10, 2011, December 3, 2011, February 16, 2012 and

March 28, 2012.

Information of attendance at the board meetings and the last annual general meeting is given below.

Name of the Director

Board Attendance of meeting during 2011-12meetings heldduring the year

Board Last AGMMeetings

Dr. M. Ayyappan 6 6 Yes

Shri. Naved Masood 2 2 Yes

Shri. R.K. Jain 3 3 No

Dr. A.K. Panda 6 5 Yes

Shri. Sanjiv Kapoor 6 6 Yes

Dr. Aarati Vij 6 3 No

Shri. K.K. Suresh Kumar 6 6 No

Shri. R.P. Khandelwal 6 6 Yes

Shri. M.D. Sreekumar 6 5 No

1.6 Secretarial Standards (SS) issed by ICSI

During the year under review, the company has substantially complied with the secretarial standard (SS-1),a set of principles for the convening and conduct of Meetings of the Board of Directors, meetings of Committeesand matters related thereto, issed by the Institute of Company Secretaries of India.

60 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

2. ®…∆b˜±… EÚ“ ∫… ®… i…™……ƒÚ

2.1. ±…‰J………Æ˙“I…… ∫… ®… i…

2.1.1. ¥…S……Æ˙…l…« ¥…π…™…

±…‰J………Æ˙“I…… ∫… ®… i… EÚ“ ¶…⁄ ®…EÚ… x…®x… ±… J…i… ∂…… ®…±… ΩÈ˛&Ú

• E∆Ú…x…“ E‰Ú ¥…k…“™… ¥…¥…Æ˙h… ∫…Ω˛“, …™……«i… +…ËÆ˙ ¥…∑……∫™… ™……‰M™… ∫…÷ x…Œ∂S…i… EÚÆ˙x…‰ EÚ…‰ E∆Ú…x…“ EÚ“ ¥…k…“™… Æ˙……‰Õ]ıM… |… GÚ™…… E‰Ú x…Æ˙“I…h… EÚÆ˙x…… +…ËÆ˙ <∫…E‰Ú ¥…k…“™… ¥…¥…Æ˙h… E‰Ú |…EÚ]ı“EÚÆ˙h… EÚÆ˙x…… *

• §……¡ ±…‰J………Æ˙“I…EÚ EÚ“ x…™…÷ HÚ +…ËÆ˙ …n˘S™…÷ i…, ±…‰J………Æ˙“I…… ∂…÷±EÚ x…v……«Æ˙h… +…ËÆ˙ EÚ∫…“ +x™… ∫…‰¥…… E‰Ú ¶…÷M…i……x… E‰Ú +x…÷®……‰n˘x… E‰Ú ±…B ¶…“ ∫…°Ú… Æ˙∂… EÚÆ˙x……*

• +…∆i… Æ˙EÚ ±…‰J………Æ˙“I…… ¥…¶……M… EÚ“ ∫…∆Æ˙S…x……, ∫]ı…À°ÚM… +…ËÆ˙ ¥…¶……M… |…v……x… EÚÆ˙ Æ˙Ω‰˛ + v…EÚ…Æ˙“ EÚ“ ¥… Æ˙π`î……, Æ˙……‰Õ]ıM… ∫…∆Æ˙S…x…… ¥…∫i……Æ˙ +…ËÆ˙ +…∆i… Æ˙EÚ ±…‰J………Æ˙“I…… EÚ“ +…¥…fi k… ∫… Ω˛i… +…∆i… Æ˙EÚ ±…‰J………Æ˙“I…… EÚ…™…«EÚ±…………Â EÚ“ …™……«i…i…… EÚ“ ∫…®…“I…… EÚÆ˙x…… *Ú

• EÚ∫…“ ¶…“ ®…Ω˛i¥……⁄h…« … Æ˙h……®… …Æ˙ +…∆i… Æ˙EÚ ±…‰J………Æ˙“I…EÚ…Â E‰Ú ∫……l… S…S……« +…ËÆ˙ =∫……Æ˙ +x…÷¥…i…«x… EÚÆ˙x……*

• +…∆i… Æ˙EÚ ±…‰J………Æ˙“I…EÚ…Â u˘…Æ˙… EÚ∫…“ +…∆i… Æ˙EÚ V……ƒS…-…b˜i……±… E‰Ú … Æ˙h……®… EÚ“ ∫…®…“I…… EÚÆ˙x…… V…Ω˛…ƒ ®……®…±…‰ EÚ“ ∫…∆n‰˘ Ω˛i…

v……‰J…‰§……W…“, + x…™… ®…i…… ™…… ¶……Ë i…EÚ |…EfiÚ i… E‰Ú +…∆i… Æ˙EÚ x…™…∆j…h… |…h……±…“ EÚ“ +∫…°Ú±…i…… ΩË˛, ®……®…±…‰ §……‰b«˜ EÚ…‰ Æ˙……‰]«ı EÚÆ˙x……*

• ±…‰J………Æ˙“I…… ∂…÷∞¸ Ω˛…‰x…‰ E‰Ú …Ω˛±…‰ §……Ω˛ Æ˙EÚ ±…‰J………Æ˙“I……Â E‰Ú ∫……l… ±…‰J………Æ˙“I…… E‰Ú ¥…∫i……Æ˙ E‰Ú + i… Æ˙HÚ =k…Æ˙ ±…‰J………Æ˙“I…… EÚ“|…EfiÚ i… E‰Ú §……Æ‰˙ ®…Â S…S……« EÚÆ˙x…… EÚ = r˘Mx…i…… E‰Ú I…‰j… E‰Ú …i…… ±…M…… ∫…EÂÚ, ™… n˘ EÚ…‰<« Ω˛…‰*

• E∆Ú…x…“ E‰Ú ¥…k…“™… +…ËÆ˙ V……‰ J…®… |…§…∆v…x… x…“ i…™……Â EÚ“ ∫…®…“I…… EÚÆ˙x……*

• V…®……EÚi……«+…Â E‰Ú @Òh……j……Â E‰Ú ¶…÷M…i……x… ®…Â …™……«i… S…⁄EÚ E‰Ú EÚ…Æ˙h……Â ®…Â V……ƒS…-…b˜i……±… EÚÆ˙x……*

2.1.2 §…x……¥…]ı

x…n‰˘∂…EÚ ®…∆b˜±… EÚ“ ±…‰J………Æ˙“I…… ∫… ®… i… ¥…i…«®……x… ®…Â n˘…‰ ∫¥…i…∆j… M…ËÆ˙ ∫…Æ˙EÚ…Æ˙“ +∆∂…EÚ… ±…EÚ x…n‰˘∂…EÚ ∫… Ω˛i… i…“x… ∫…n˘∫™… Ω˛…‰i…‰ ΩÈ˛* ∫… ®… i… E‰Ú+v™…I… ∏…“ ∫…∆V…“¥… EÚ…⁄Æ˙ ∫¥…i…∆j… M…ËÆ˙ ∫…Æ˙EÚ…Æ˙“ +∆∂…EÚ… ±…EÚ x…n‰˘∂…EÚ +…ËÆ˙ EÚ…™…«Æ˙i…˛ ∫…x…n˘“ ±…‰J……EÚ…Æ˙Ú ΩË˛* b˜…Ï. +…Æ˙i…“ ¥…V… ∫¥…i…∆j… M…ËÆ˙∫…Æ˙EÚ…Æ˙“ +∆∂…EÚ… ±…EÚ x…n‰∂…EÚ +…ËÆ˙ ∏…“ E‰Ú.E‰Ú. ∫…÷Æ‰∂… E÷Ú®……Æ˙ x…n‰∂…E ( ¥……h…x… ) ¶…“ ±…‰J………Æ˙“I…… ∫… ®… i… ®…Â ∫…n˘∫™… ΩÈ˛* ±…‰J………Æ˙“I…… ∫… ®… i…E‰Ú ∫…¶…“ ∫…n˘∫™……Â EÚ…‰ ¥…k…, ±…‰J…… +…ËÆ˙ ¥™…¥…∫……™… |…§…∆v…x… ®…ÂÚ +SUÙ‰ Y……x… Ω∆Ë˛* ∫… ®… i… E‰Ú +v™…I… ∏…“ ∫…∆V…“¥… EÚ…⁄Æ˙ EÚ…‰ ¥™………EÚ ±…‰J……∆EÚx… +…ËÆ˙∫…∆§…∆ v…i… ¥…k…“™… |…§…∆v…x… ¥…∂…‰π…Y…i…… ΩË*

2.1.3 §…Ë ÊÚ +…ËÆ˙ Ω˛… V…Æ˙“

31 ®……S…« 2012 EÚ…‰ ∫…®……i… ¥…k…“™… ¥…π…« E‰Ú n˘…ËÆ˙…x…, ±…‰J……-…Æ˙“I…… ∫… ®… i… EÚ“ i…“x… §…Ë ÊÚ +…™……‰ V…i… EÚ“ M…™…”, GÚ®…∂…& +M…∫i… 10, 2011,x…¥…∆§…Æ˙ 30, 2011 +…ËÆ˙ °ÚÆ˙¥…Æ˙“ 4, 2012*

§…Ë`ÊÚ ®…Â ∫…n˘∫™……Â E‰Ú Ω˛… V…Æ˙“ x…®x… V…Ë∫…‰ ΩÈ˛:

GÚ®… ∫…∆ ∫… ®… i… ∫…n˘∫™… E‰Ú x……®… +¥… v… E‰Ú n˘…ËÆ˙…x… +…™……‰ V…i… =…Œ∫l…i… §…Ë ÊÚ…Â§…Ë ÊÚ…Â EÚ“ ∫…∆J™…… EÚ“ ∫…∆J™……

1. ∏…“ ∫…∆V…“¥… EÚ…⁄Æ˙ 3 3

2 ∏…“ E‰Ú.E‰Ú.∫…÷Æ‰∂… E÷Ú®……Æ˙ 3 3

3. b˜…Ï. +…Æ˙i…“ ¥…V… 3 2

+v™…I… B¥…∆ |…§…∆v…EÚ x…n‰∂…EÚ, x…n‰∂…EÚ ( ¥…k…), x…n‰∂…EÚ (i…EÚx…“EÚ“ B¥…∆ |…S……±…x…), E∆Ú…x…“ ∫… S…¥…, ∫……∆ ¥… v…EÚ +…ËÆ˙ +…∆i… Æ˙EÚ ±…‰J………Æ˙“I…EÚ…Â EÚ“|… i… x… v… ¶…“ ±…‰J……-…Æ˙“I…… ∫… ®… i… EÚ“ §…Ë`ÊÚ ®…Â ¶……M… ±…“ M…™…”*


2. COMMITTEES OF THE BOARD

2.1. AUDIT COMMITTEE

2.1.1 Terms of Reference

The Role of the Audit Committee includes the following :

• Oversight of the company's financial reporting process and the disclosure of its financial informationto ensure that the financial statement is correct, sufficient and credible.

• Recommending the appointment and removal of external auditors, fixation of audit fee and alsoapproval of payment for any other services.

• Reviewing the adequacy of internal audit function, including the structure of the internal auditdepartment, staffing and the seniority of official heading the department, reporting structure coverageand frequency of internal audit.

• Discussion with internal auditors, any significant findings and follow up thereon.

• Reviewing the findings of any internal investigations by the internal auditors into matters wherethere is a suspected fraud or irregularity or a failure of internal control systems of a material natureand reporting the matter to the Board.

• Discussions with external auditors before the audit commences, nature and scope of audit aswell as post-audit discussion to ascertain areas of concern, if any.

• Reviewing the company's financial and risk management policies.

• To look into reasons for substantial defaults in the payment to the depositors' debenture.

2.1.2 Composition

The Audit Committee of the Board of Directors presently consists of three members including two independentNon-Official Part-Time Directors, Shri. Sanjiv Kapoor, Chairman of the Committee is an Independent Non-Official Part-time Director and a practicing Chartered Accountant. Dr. Aarati Vij, Independent Non-Official Part-time Director and Shri. K.K. Suresh Kumar, Director (Marketing) are also members in the Audit Committee.All the members of the Audit Committee have good knowledge of finance, accounts and businessmanagement. The Chairman of the Committee Shri. Sanjiv Kapoor has extensive accounting and relatedfinancial management expertise.

2.1.3 Meetings and Attendance

During the financial year ended 31st March, 2012 three meetings of the Audit Committee were held on August

10, 2011, November 30th, 2011 and February 4, 2012 respectively.

The attendance of the members at the meeting was as follows :

Sl.No. Name of the Committee No. of No. of meetingsMember meetings attended

held duringthe period

1. Shri. Sanjiv Kapoor 3 3

2. Shri. K.K. Suresh Kumar 3 3

3. Dr. Aarti Vij 3 2

Chairman and Managing Director, Director (Finance), Director (T&O), Company Secretary, representatives ofstatutory and internal auditors also attended the Audit Committee meetings.

62 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

2.2 x…¥…‰∂… ∫… ®… i…

(…Ω˛±…‰ … Æ˙™……‰V…x…… |…§…∆v…x… =… - ∫… ®… i… E‰Ú ∞¸… ®…Â V……x…… V……i…… ΩË˛*)

2.2.1 ¥…S……Æ˙…l…« ¥…π…™…

• x…™…“ … Æ˙™……‰V…x……+…Â E‰Ú EÚ…™……«x¥…™…x… EÚ“ ∫…®…“I…… +…ËÆ˙ ®……Ï x…]ıÆ˙ EÚÆ˙x…‰ E‰Ú ±…B … Æ˙™……‰V…x…… |…§…∆v…x… …Æ˙…®…∂…«n˘…i…… EÚ…‰ S…™…x… EÚÆ˙x……*

• ∫…¶…“ x…™…“ … Æ˙™……‰V…x……+…Â EÚ…‰ EÚ…™……«x¥…™…x… EÚÆ˙x…‰ E‰Ú ±…B = S…i… x…h…«™… ±…‰x……*

• ®…∆b˜±… E‰Ú +x…÷®……‰n˘x… E‰Ú +v…“x… =∫… …Æ˙ |…∫i…… ¥…i… ¥…k…“™…x… ∫… Ω˛i… x…<« … Æ˙™……‰V…x……+…Â ∫…‰ ∫…∆§…∆ v…i… … Æ˙™……‰V…x…… Æ˙……‰]«ı EÚ… +∆ i…®…∞¸… n‰˘x……*

2.2.2. §…x……¥…]ı

§……‰b« E‰Ú x…¥…‰∂… ∫… ®… i… ®…Â i…“x… ∫…n˘∫™……‰∆ EÚ… ∫…®……¥…‰∂… ΩË* ∫… ®… i… E‰Ú +v™…I… ∏…“ ∫…∆V…“¥… EÚ…⁄Æ˙ ∫¥…i…∆j… M…ËÆ˙ ∫…Æ˙EÚ…Æ˙“ +∆∂…EÚ… ±…EÚ x…n‰∂…EÚ ΩË*∫… ®… i… E‰Ú +x™… ΩÈ˛:

1. b˜…Ï. +…Æ˙i…“ ¥…V…, ∫¥…i…∆j… M…ËÆ˙ ∫…Æ˙EÚ…Æ˙“ +∆∂…EÚ… ±…EÚÚ x…n‰˘∂…EÚ

2. ∏…“ E‰Ú.E‰Ú.∫…÷Æ‰˙∂… E÷Ú®……Æ˙, x…n‰˘∂…E ( ¥……h…x…)

3. ∏…“ +…Æ˙.…“. J…hb‰˜±…¥……±…, x…n‰˘∂…EÚ ( ¥…k…)

2.2.3 §…Ë ÊÚ +…ËÆ˙ Ω˛… V…Æ˙“

∫…®…“I……v…“x… ¥…π…« E‰Ú n˘…ËÆ˙…x…, +…… EÚ“ E∆Ú…x…“ EÚ“ x…¥…‰∂… ∫… ®… i… x…‰ n˘…‰ §……Æ˙ §…Ë`ÊÂÚ +…™……‰ V…i… EÚ” ™……x…“ 6 °ÚÆ˙¥…Æ˙“ 2012 +…ËÆ˙®……S…« 28, 2012*

§…Ë`ÊÚ ®…Â ∫…n˘∫™……Â E‰Ú Ω˛… V…Æ˙“ x…®x… V…Ë∫…‰ ΩÈ˛*

x……®… …n˘ §…Ë ÊÚ…Â EÚ“ ∫…∆J™…… ¥…π…« =…Œ∫l…i… §…Ë ÊÚ…Â EÚ“E‰Ú n˘…ËÆ˙…x… ∫…∆J™……

∏…“ ∫…∆V…“¥… EÚ…⁄Æ˙ +v™…I… 2 2

b˜…Ï. +…Æ˙i…“ ¥…V… ∫…n˘∫™… 2 1

∏…“ E‰Ú.E‰Ú.∫…÷Æ‰∂… E÷Ú®……Æ ∫…n˘∫™… 2 2

∏…“ +…Æ˙.…“. J…hb‰˜±…¥……±… ∫…n˘∫™… 2 2

2.3 …… Æ˙∏… ®…EÚ ∫… ®… i…

2.3.1. §…x……¥…]ı

E∆Ú…x…“ E‰Ú §……‰b« ∫i…Æ˙ +…ËÆ˙ =∫… ∫i…Æ˙ E‰Ú x…“S…‰ E‰Ú + v…EÚ… Æ˙™……Â E‰Ú … Æ˙¥…i…‘ ¥…‰i…x… +…ËÆ˙ x…π……n˘x… ∫…∆§…∆ v…i… ¥…‰i…x… E‰Ú x…v……«Æ˙h… E‰Ú ±…B x…v……« Æ˙i…∫…“®…… E‰Ú +∆n˘Æ˙ …… Æ˙∏… ®…EÚ ∫… ®… i… EÚ… M…`ˆx… EÚ™…… M…™…… ΩË˛* ∫… ®… i… ®…Â n˘…‰ ∫¥…i…∆j… x…n‰˘∂…EÚ ∫… Ω˛i… i…“x… ∫…n˘∫™… ∂…… ®…±… ΩÈ˛* ∫… ®… i… E‰Ú+v™…I… ∫¥…i…∆j… M…ËÆ˙ ∫…Æ˙EÚ…Æ˙“ +∆∂…EÚ… ±…EÚ x…n‰˘∂…EÚ ΩË˛*


2.2 Investment Committee

(Earlier known as Project Management Sub-Committee)

2.2.1 Terms of Reference

• To select project Management Consultants to Monitor and review implementation of new Projects.

• To take appropriate decisions to implement all the new projects.

• To finalise the project reports relating to new projects including the proposed means of financing

thereof, subject to approval of Board.

2.2.2 Composition

The Investment Committee of the Board comprises of four members. Shri. Sanjiv Kapoor, Chairman of the

Committee is an Independent Non-official part-time director. The Other members of the Commiitee are :

1. Dr. Aarati Vij, Independent Non-official part-time director

2. Shri. K.K. Suresh Kumar, Director (Marketing)

3. Shri. R.P. Khandelwal, Director (Finance)

2.2.3 Meetings and Attendance

During the year under review, the Investment Committee of the company's Board met two times : February 6,

2012 and March 28, 2012.

The Attendance of Members at the Meetings was as follows :

Name Status No of Meetings No ofduring the MeetingsYear Attended

Shri. Sanjiv Kapoor Chairman 2 2

Dr. Aarti Vij Member 2 1

Shri. K. K. Suresh Kumar Member 2 2

Shri. R.P. Khandelwal Member 2 2

2.3 Remuneration Committee :

2.3.1 Composition :

The Remuneration Committee has been constituted for determination of variable pay and performance-related pay of Board level and below Board level executives of the company, within the prescribed limits. TheCommittee consists of three members including two Indpendent Directors. The Chairman of the Committeeis Independent Non Official Part time Director.

64 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

2.3.2. §…Ë ÊÚ +…ËÆ˙ Ω˛… V…Æ˙“

∫…®…“I……v…“x… ¥…π…« E‰Ú n˘…ËÆ˙…x…, …… Æ˙∏… ®…EÚ ∫… ®… i… 30 V…÷±……<« 2011 EÚ…‰ BEÚ §……Æ˙ ®…±…“ l…“*

§…Ë`ÊÚ ®…Â ∫…n˘∫™……Â EÚ“ Ω˛… V…Æ˙“ x…®x… V…Ë∫…‰ ΩÈ˛:

x……®… …n˘ §…Ë ÊÚ…Â EÚ“ ∫…∆J™…… =…Œ∫l…i… §…Ë ÊÚ…Â EÚ“¥…π…« E‰Ú n˘…ËÆ˙…x… ∫…∆J™……

∏…“ ∫…∆V…“¥… EÚ…⁄Æ˙ +v™…I… 1 1

b˜…Ï. +…Æ˙i…“ ¥…V… ∫…n˘∫™… 1 1

∏…“ +…Æ˙.…“. J…hb‰˜±…¥……±… ∫…n˘∫™… 1 1

3. x…n‰∂…EÚ…Â EÚ… …… Æ˙∏… ®…EÚ

∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ®…∆j……±…™…, ¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ +v™…I… B¥…∆ |…§…∆v… x…n‰˘∂…EÚ +…ËÆ˙ i…“x… EÚ…™……«i®…EÚ x…n‰˘∂…EÚ…Â EÚ…‰ x…™…÷HÚ EÚÆ˙i…… ΩË˛*∫……¥…«V… x…EÚ =t®… ¥…¶……M… u˘…Æ˙… =x…E‰Ú x…n‰∂…EÚ ∂……˘ E‰Ú …… Æ˙∏… ®…EÚ +…ËÆ˙ ∂…i…« ¥… x…§…∆v…x… E‰Ú x…h…«™… ±…B V……i…‰ Ω∆Ë* +v™…I… B¥…∆ |…§…∆v… x…n‰∂…EÚ+…ËÆ˙ i…“x… EÚ…™……«i®…EÚ x…n‰∂…EÚ…Â EÚ…‰ ……ƒS… ¥…π……Á EÚ“ +¥… v… E‰Ú ±…B ™…… =x…EÚ“ + v…¥…Ãπ…i…… EÚ“ i……Æ˙“J… i…EÚ ™…… +M…±…‰ +…n‰∂……Â i…EÚ, V……‰ ¶…“ …Ω˛±……ΩË˛, x…™…÷HÚ EÚB V……i…‰ ΩÈ˛˛*

∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ®…∆j……±…™…, ¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ u˘…Æ˙… M…ËÆ˙ ∫…Æ˙EÚ…Æ˙“ +∆∂…EÚ… ±…EÚ ∫¥…i…∆j… x…n‰∂…EÚ…Â EÚ…‰ ¶…“ i…“x… ¥…π…« EÚ“ +¥… v… E‰Ú ±…B x…™…÷HÚ EÚB V……i…‰ ΩÈ˛ +…ËÆ˙ §……‰b« EÚ“ |…i™…‰EÚ §…Ë ÊÚ +…ËÆ˙ §……‰b« u˘…Æ˙… x…™…÷HÚ ±…‰J……-…Æ˙“I…… ∫… ®… i…, x…¥…‰∂… ∫… ®… i…Ú +…ËÆ˙ …… Æ˙∏… ®…EÚ ∫… ®… i… V…Ë∫…‰=… ∫… ®… i…™……Â EÚ“ §…Ë`ÊÚ…ÂÚ ®…Â =…Œ∫l…i… Æ˙Ω˛x…‰ E‰Ú ±…B Ø˚ 10,000/- EÚ… §…Ë`ÊÚ ∂…÷±EÚ |…n˘k… EÚB V……i…‰ ΩÈ˛*

4. 31 ®……S…«, 2012 EÚ…‰ ∫…®……i… ¥…π…« E‰Ú ±…B EÚ…™……«i®…EÚ x…n‰∂…EÚ…Â EÚ…‰ |…n˘k… …… Æ˙∏… ®…EÚ E‰Ú ¥…¥…Æ˙h…*

GÚ®… x…n‰∂…EÚ …n˘ E÷Ú±… …… Æ˙∏… ®…EÚ∫…∆J™…… (Ø˚. ±……J……Â ®…Â)

1 b˜…Ï. B®….+™™……x… +v™…I… B¥…∆ |…§…∆v… x…n‰˘∂…EÚ 33.86

2 ∏…“ E‰Ú.E‰Ú. ∫…÷Æ‰π… E÷Ú®……Æ˙ x…n‰∂…EÚ ( ¥……h…x…) 26.71

3 ∏…“ B®….b˜“.∏…“E÷Ú®……Æ˙ x…n‰∂…EÚ (i…EÚx…“EÚ“ B¥…∆ |…S……±…x…) 25.44

4 ∏…“ +…Æ˙.…“.J…hb‰˜±…¥……±… x…n‰∂…EÚ ( ¥…k…) 25.01

5. ∫……®……x™… x…EÚ…™… §…Ë ÊÂÚÚ

E∆Ú…x…“ E‰Ú …UÙ±…‰ i…“x… ¥……Ãπ…EÚ ∫……®……x™… §…Ë`ÊÚ…ÂÚ E‰ÚÚ i……Æ˙“J…, ∫…®…™… +…ËÆ˙ ∫l……x… x…®x……x…÷∫……Æ˙ ΩÈ˛:

B V…“ B®… ¥…k…“™… ¥…π…« i……Æ˙“J… ∫…®…™… ∫l……x… C™…… ¥…∂…‰π… ∫…∆EÚ±…(+…Â) …… Æ˙i… ™…… x…Ω˛”

43 ¥…” 2008-2009 18 ∫…i…∆§…Æ˙, 2009 +…Æ˙…ºx… x…<« n˘±±…“ V…“ Ω˛…ƒ, x…n‰˘∂…EÚ…‰∆24.09.2009 EÚ…‰ 4.00 §…V…‰ EÚ“ ∂… HÚ E‰Ú∫l… M…i… §…Ë ÊÚ +…Æ˙…ºx… ∫…∆§…∆v… ®…Â ∫…∆∫l……

3.00 §…V…‰ E‰Ú +∆i…Ãx…™…®… E‰Ú∫…∆∂……‰v…x…*

44¥…” 2009-2010 24 ∫…i…∆§…Æ˙, 2010 ®…v™……ºx… x…<« n˘±±…“ x…Ω˛”27.09.2010 EÚ…‰ 12.00 §…V…‰∫l… M…i… §…Ë ÊÚ +…Æ˙…ºx…(EÚ…‰Æ˙®… EÚ… +¶……¥…) 3.00 §…V…‰

45¥…” 2010-2011 6 ∫…i…∆§…Æ˙, 2011 ®…v™……ºx… x…<« n˘±±…“ x…Ω˛”12.00 §…V…‰


2.3.2 Meetings and Attendance :

During the year under review, the remuneration committee had met once on 30 July 2011.

The Attendance of Members at the Meeting was as follows :

Name Position No of Meetings No ofduring the MeetingsYear Attended

Shri. Sanjiv Kapoor Chairman 1 1

Dr. Aarti Vij Member 1 1

Shri. R.P. Khandelwal Member 1 1

3. Remuneration of Directors

Ministry of Health & Family Welfare (MoHFW), Govt. of India appoints Chairman & Managing Director and 3Functional Directors. The remuneration and terms and conditions of their directorship are decided byDepartment of Public Enterprises. The Chairman & Managing Director and Functional Directors are appointedfor a period of five years or till the date of their superannuation or until further orders, whichever is earlier.

Non-Officail part-time Independent Directors are also appointed by the Ministry of Health & Family Welfare.Govt. of India for a period of three years and are paid a sitting fee of ` 10,000/- for attending each meeting ofthe Board and the Board appointed Sub Committees viz. Audit Committee, Investment Committee andRemuneration Committee.

4. Details of remuneration paid to Functional directors for the year ended 31st March, 2012.

Sl. Director Position TotalNo. Remuneration

(` in lakh)

1. Dr. M. Ayyappan Chairman & 33.86Managing Director

2. Shri. K.K. Suresh Kumar Director (Marketing) 26.71

3. Shri. M.D. Sreekumar Director (Technical 25.44& Operation)

4. Shri. R.P. Khandelwal Director (Finance) 25.01

5. General Body Meetings

The Date, Time and Venue of the last three Annual General Meetings of the Company are as follows :

AGM Financial Date Time Venue Whether SpecialYear Resolution (s)

Passed or Not

43rd 2008-2009 18th Sept. 2009 4.00 PM New Delhi Yes, Alteration ofAdjourned meeting Articles of Associationon 24.09.2009 3.00 PM regarding Power of

Directors

44th 2009-2010 24th September, 12.00 New Delhi No2010 NoonAdjourned meeting 3.00 PM27.09.2010(lack of quorum)

45th 2010-2011 6th September, 12.00 New Delhi No2011 Noon

66 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

E∆Ú…x…“ E‰Ú 46 ¥…” ¥……Ãπ…EÚ ∫……®……x™… §…Ë`ˆEÚ E‰Ú i……Æ˙“J…, ∫…®…™…, ∫l……x…

i……Æ˙“J… ∫…®…™… ∫l……x…

24.09.2012 +…Æ˙…ºx… 2.30 §…V…‰ x…<« n˘±±…“

6. |…EÚ]ı“EÚÆ˙h…:

• ∫…®…“I……v…“x… ¥…π…« E‰Ú n˘…ËÆ˙…x…, ¥…Ω˛…ƒ ……]ı‘ ∫…‰ ∫…∆§…∆ v…i… ¶……Ë i…EÚ ∞¸… ∫…‰ ®…Ω˛i¥……⁄h…« EÚ…‰<« ¶…“ ±…‰x…n‰˘x… x…Ω˛” ΩË˛, +l……«i… E∆Ú…x…“ E‰Ú∫…∆¥…v…«EÚ…Â, x…n‰∂…EÚ…Â ™…… |…§…∆v…x…, ∫…Ω˛…™…EÚ ™…… Æ˙∂i…‰n˘…Æ˙…Â +… n˘ E‰Ú ∫……l… ¶……Ë i…EÚ |…EfiÚ i… E‰Ú E∆Ú…x…“ E‰Ú ±…‰x…n‰x… EÚ…‰ V…∫…E‰Ú E∆Ú…x…“E‰Ú Ω˛i……Â E‰Ú ∫……l… ∫……®……x™… ∞¸… ∫…‰˙ ∫…∆¶…… ¥…i… ∫…∆P…π…« Ω˛…‰ ∫…EÚi…… ΩË˛*

• E∆Ú…x…“ u˘…Æ˙… EÚ…‰<« ¶…“ M…ËÆ˙ +x…÷……±…x…, EÚ∫…“ ¶…“ ∫……∆ ¥… v…EÚ ¶…÷M…i……x… +…‰I……+…Â …Æ˙ EÚ∫…“ ¶…“ ∫……∆ ¥… v…EÚ |…… v…EÚ…Æ˙“ u˘…Æ˙… E∆Ú…x…“ …Æ˙V…÷®……«x……, +¥…I…‰… +…Æ˙…‰ …i… EÚÆ˙x…‰ EÚ… EÚ…‰<« ¶…“ ®……®…±…… x…Ω˛” ΩÈ˛*

• ¥…π…« E‰Ú n˘…ËÆ˙…x… +…ËÆ˙ …UÙ±…‰ i…“x… ¥…π……Á ®…Â ¶…“ Æ˙…V…¶……π…… EÚ…™……«x¥…™…x… E‰Ú ∫…∆§…∆v… ®…Â E‰Úxp˘“™… ∫…Æ˙EÚ…Æ˙ u˘…Æ˙… V……Æ˙“ EÚB M…B Æ˙…π]≈ı… i…E‰Ú x…nÊ˘∂……Â EÚ… +x…÷……±…x… EÚ™…… M…™…… ΩË˛*

• E∆Ú…x…“ + v… x…™…®…, 1956 E‰Ú ∫…∆∂……‰ v…i… +x…÷∫…⁄S…“ IV (2011) E‰Ú +v…“x… E∆Ú…x…“ E‰Ú ¥…k…“™… ¥…¥…Æ˙h… i…Ë™……Æ˙ EÚ™…… V……i…… ΩË˛*

• E∆Ú…x…“ x…‰ ¥…k…“™… ¥…¥…Æ˙h… EÚ“ i…Ë™……Æ˙“ EÚÆ˙E‰ÚÚ E∆Ú…x…“ (±…‰J…… ®……x…EÚ) x…™…®…, 2006 u˘…Æ˙… + v…∫…⁄ S…i… ∫…¶…“ ∫…÷∫…∆M…i… ±…‰J…… ®……x…EÚ…‰∆EÚ… ……±…x… EÚ™…… ΩË˛*

• §…Ω˛“ J……i…‰ ®…Â EÚ…‰<« ¶…“ ¥™…™… EÚ“ ®…n…‰∆˘ EÚ…‰ x……®…‰ x…Ω˛” b˜…±…… M…™…… ΩË˛, V……‰ ¥™…¥…∫……™… =q‰˘∂™……Â E‰Ú ±…B x…Ω˛” ΩË˛*

7. +x™… ∫…⁄S…x……Bƒ

1. x…n‰∂…EÚ…Â EÚ… |… ∂…I…h…

E∆Ú…x…“ x…‰ ∫……¥…«V… x…EÚ =t®… E‰Ú ¥…¶……M… u˘…Æ˙… V……Æ˙“ EÚB EÚ…Ï……ÊÆ‰]ı + ¶…∂……∫…x… - ®…<« 2010 …Æ˙ ®……M…« x…nÊ∂……Â EÚ…‰ +…x……™…… ΩË V……‰ +x™… §……i……ÂE‰Ú ∫……l… +x…÷§…∆v… EÚÆ˙i…‰ Ω∆Ë˛ EÚ ∫…∆§…∆ v…i… E∆Ú…x…“ u˘…Æ˙… +…x…‰ x…B ®…∆b˜±…˜ ∫…n˘∫™……Â (EÚ…™……«i®…EÚ, ∫…Æ˙EÚ…Æ˙, x…… ®…i… +…ËÆ˙ ∫¥…i…∆j…) EÚ…‰ E∆Ú…x…“ E‰Ú¥™…¥…∫……™…˙ E‰Ú V……‰ J…®… |……‰°Ú…<±… ∫… Ω˛i… E∆Ú…x…“ E‰Ú ¥™…¥…∫……™… ®……Ïb˜±… ®…Â, ∫…∆§…∆ v…i… x…n‰˘∂…EÚ…Â EÚ“ V…®®…‰n˘…Æ˙“ +…ËÆ˙ x…¥…«Ω˛x… EÚ“ V…… Æ˙Ω˛“ B‰∫…“ V…®®…‰n˘… Æ˙™……Â E‰Ú i…Æ˙“E‰Ú …Æ˙ |… ∂…I…h… EÚ…™…«GÚ®… n˘™…… V……BM……* =x…EÚ…‰ EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x…, ¥™……¥…∫…… ™…EÚ x…Ë i…EÚi…… E‰Ú ®……Ïb˜±… EÚ…‰b˜ +…ËÆ˙∫…∆§…∆ v…i… x…n‰˘∂…EÚ…Â EÚ…‰ ±……M…⁄ +…S…Æ˙h… …Æ˙ ¶…“ |… ∂…I…h… |…n˘…x… EÚ™…… V……BM……*

b˜˜“…“<« ®……M…« x…nÊ˘∂……Â E‰Ú +…v……Æ˙ …Æ˙ E∆Ú…x…“ x…‰ ®…∆b˜±… ∫…n˘∫™……Â E‰Ú ±…B |… ∂…I…h… x…“ i… +…x……<« ΩË˛* x…“ i… E‰Ú +x…÷∫……Æ˙, E∆Ú…x…“ E‰Ú EÚ…™……«i®…EÚ x…n‰∂…EÚ…‰∆ EÚ…‰ ®……x™…i…… |……i… + ¶…EÚÆ˙h……Â u˘…Æ˙… +…™……‰ V…i… ¥™……¥…∫…… ™…EÚ V……‰ J…®… |…§…∆v…x…, EÚ…Ï……ÊÆ‰]ı + ¶…∂……∫…x…, |… ∂…I…h… EÚ…™…«GÚ®…/EÚ…™…«∂……±……®…Â ¶……M… ±…‰x…‰ E‰Ú ±…B BEÚ ¥…π…« ®…Â EÚ®… ∫…‰ EÚ®… BEÚ ∫…i……Ω˛ +…ËÆ˙ b˜“…“<«/∫EÚ…‰… u˘…Æ˙… +…™……‰ V…i… x…n‰˘∂…EÚ…Â E‰Ú ∫…®®…‰±…x… ®…Â ¶……M…“n˘…Æ˙“ E‰Ú ±…B¶…“ UÙ…‰b˜ n˘B V……B∆M…‰* ®…∆b˜±… ®…Â ∫¥…i…∆j… x…n‰˘∂…EÚ…‰∆ +…ËÆ˙ ∫…Æ˙EÚ…Æ˙“ x……Ï ®… x…™……Â E‰Ú +…M…®…x… E‰Ú BEÚ ¥…π…« E‰Ú +∆n˘Æ˙ =xΩÂ˛ ¥™…¥…∫……™…˙ E‰Ú V……‰ J…®…£Ú…‰°Ú…<±…, x…n‰˘∂…EÚ…Â +…ËÆ˙ EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x… EÚ“ Ú V…®®…‰n˘… Æ˙™……Â ∫… Ω˛i… E∆Ú…x…“ E‰Ú ¥™…¥…∫……™… E‰Ú ∫…j……‰∆ EÚ…‰ +¥…M…i… EÚÆ˙…™…… V……™…‰M……*

∫…i…i… ∂…I…… +…ËÆ˙ ¥™……¥…∫…… ™…EÚ ¥…EÚ…∫… EÚ…™…«GÚ®… ®…Â =…Œ∫l… i… ∫…÷ x…Œ∂S…i… EÚÆ˙x…… +…¥…∂™…EÚ ΩË EÚ x…n‰∂…EÚ ∫…¶…“ ¥…EÚ…∫……Â EÚ…‰ §…Æ˙…§…Æ˙ §…x……™……Æ˙J…i…… ΩË˛ V……‰ =x…E‰Ú EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x… +…ËÆ˙ +x™… ∫…∆§…∆ v…i… EÚi…«¥™……Â …Æ˙ +∫…Æ˙ …c˜i…… ΩË˛˛ ™…… +∫…Æ˙ …b‰˜*

∫…®…“I……v…“x… ¥…π…« E‰Ú n˘…ËÆ˙…x…, +v™…I… B¥…∆ |…§…∆v… x…n‰˘∂…EÚ ∫… Ω˛i… EÚ…™……«i®…EÚ x…n‰˘∂…EÚ, <∆ b˜™…x… <∆Œ∫]ı]ı™…⁄]ı +…Ï°Ú ®…Ëx…‰V…®…Â]ı, EÚ…‰ π…EÚ…‰b˜ E‰Ú∫…Ω˛™……‰M… E‰Ú ∫……l… E∆Ú…x…“ u˘…Æ˙… +…™……‰ V…i… EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x… …Æ˙ n˘…‰ n˘¥…∫…“™… |… ∂…I…h… ∫…j… ®…Â ¶……M… ±…B M…B*


Date, Time and Venue of 46th Annual General Meeting of the company.

Date Time Venue

24.09.2012 2.30 p.m New Delhi

6. Disclosures

• During the year under review, there have been no materially significant related-party transactions,i.e. transactions of the company of a material nature with its promoters, the directors or themanagement, subsidiaries or relatives etc. that may have potential conflict with the interest of thecompany at large.

• There were no cases of non-compliance by the company nor of penalities or strictures imposedon the company by any statutory authority on any statutory payment requirements.

• Presidential directives issued by the Central government in respect of Official LanguageImplementation have been compiled with during the year and also in the last three years.

• The Financial Statements of the Company are prepared under the revised Schedule VI (2011) ofthe Companies Act, 1956.

• The Company has followed all relevant Accounting Standards notified by the Companies(Accounting Standards) Rules, 2006 while preparing the Financial Statements.

• There were not items of expenditure debited in books of accounts, which are not for the purposesof the business.

7. Other Information

1. Training of Directors :

The Company has adopted Guidelines on Corporate Governance-May 2010 issued by Department of PublicEnterprise, which inter alia stipulates that the company concerned shall undertake training programme forits new Board members (Functional, Government, Nominee and Independent) in the business model of thecompany including risk profile of the business of the company, responsibility of respective Directors and themanner in which such responsibilities are to be discharged. They shall also be imparted training on CorporateGovernance, model code of business ethics and conduct applicable to the respective Directors.

Based on the DPE guidelines the company has adopted training policy for Board members. As per the policy,the functional directors of the company will be given exposure for minimum of one week in a year forparticipating in training programs/workshops on business risk management, corporate governance organizedby accredited agencies and also participation in director's conclaves organized by DPE/SCOPE. Theindependent directors and government nominees in the Board within one year of their induction to the Boardwill be exposed to sessions on the business of the company, including risk profile of the business,responsibilities of the directors and Corporate Governance.

Attendance at continuing education and professional development programmes is essential to ensure thatdirectors remain abreast of all developments, which are or may impact on their corporate governance andother related duties.

During the year, under review, the Functional directors including Chairman & Managing Director attended a2-day training session on Corporate Governance organized by the Company in association with IndianInstitute of Management, Kozhikode.

68 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

2. ∫…∆S……Æ˙ EÚ… ∫……v…x…

¥……Ãπ…EÚ …Æ˙“ I…i… ¥…k…“™… E∆Ú…x…“ +…x…‰ ±…‰J……+…Â E‰Ú ¥……Ãπ…EÚ …Æ˙“ I…i… ±…‰J…… ¥…¥…Æ˙h… EÚ…™……«±…™… E‰Ú ¥…¥…Æ˙h… ¥…‰§…∫……<]ı www.lifecarehll.com ®…Â |…EÚ… ∂…i… EÚÆ˙i…“ ΩË˛*

∫…®……S……Æ˙ ¥…Y…Œi… EÚ…™……«±…™… x™…⁄W… |…±…‰J… E∆Ú…x…“ E‰Ú ®…… ∫…EÚ EÚ…Ï……ÊÆ‰˙]ı x™…⁄W… ±…‰]ıÆ˙, j…Ë®…… ∫…EÚ EÚ…Ï……ÊÆ‰˙]ıx™…⁄W… … j…EÚ…+…Â E‰Ú ®……v™…®… ∫…‰ |…EÚ… ∂…i… EÚ™…‰ V……i…‰ ΩÈ˛ +…ËÆ˙ EÚ…™……«±…™… E‰Ú¥…‰§…∫……<]ı www.lifecarehll.com …Æ˙ |…n˘Ã∂…i… EÚ“ V……i…“ ΩË˛*

¥…‰§…∫……<]ı E∆Ú…x…“ E‰Ú EÚ…Ï……ÊÆ‰] ¥…‰§…∫……<]ı www.lifecarehll.com =i……n˘…Â, ¥™…………Æ˙ I…‰j……Â,+…M……®…“ … Æ˙™……‰V…x……+…Â +… n˘ E‰Ú §……Æ‰˙ ®…Â ¥…∫i…fii… V……x…EÚ…Æ˙“ |…n˘…x… EÚÆ˙i…… ΩË˛*

¥……Ãπ…EÚ Æ˙……‰]«ı E∆Ú…x…“ E‰Ú ¥……Ãπ…EÚ Æ˙……‰]«ı ∂…‰™…Æ˙v……Æ˙EÚ…Â, ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ®…∆j……±…™…, ¶……Æ˙i… E‰Ú x…™…∆j…EÚ B¥…∆ ®…Ω˛… ±…‰J…… …Æ˙“I…EÚ +…ËÆ˙ ∫……∆ ¥… v…EÚ ±…‰J……-…Æ˙“I…EÚ…Â +… n˘ V…Ë∫…‰ +x™… ∫…¶…“Ω˛EÚn˘…Æ˙…‰∆ EÚ…‰ ¥…i… Æ˙i… EÚ“ V……i…“ ΩË˛*

3. ∫…∆™…∆j… ∫l……x…

¥… x…®……«h… ∫…∆™…∆j… EÚ… x……®… +…ËÆ˙ ∫l……x… …i……M…¶…« x…Æ˙…‰v…EÚ …‰∞¸Æ˙EÚc˜…˜˜ °ËÚC]ıÆ˙“, BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜

i…Ø˚¥…x…∆i……÷Æ˙®… …‰∞¸Æ˙EÚb˜… °ËÚC]ıÆ˙“,(…“B°Ú]ı“), E‰ÚÆ˙±… …‰∞¸Æ˙EÚb˜˜…, i…Ø˚¥…x…∆i……÷Æ˙®… - 695005

+∫…i……±… =i……nÂ +…CE÷Ú±…®… °ËÚC]ıÆ˙“ BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜ i…Ø˚¥…x…∆i……÷Æ˙®… +…CE÷Ú±…®… °ËÚC]ıÆ˙“, +…CE÷Ú±…®…,(BB°Ú]ı“), E‰ÚÆ˙±… i…Ø˚¥…x…∆i……÷Æ˙®… - 695017

M…¶…« x…Æ˙…‰v…EÚ EÚ…CEÚx……c˜ °ËÚC]ıÆ˙“ BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜EÚ…‰ŒSS…, (E‰ÚB°Ú∫…“), E‰ÚÆ˙±… EÚ…‰ S…x… ∫…‰∂…±… <EÚh……‰ ®…EÚ

W……‰x… b˜ ¥…W…x…, ±……Ï]ı x…∆. 16B/1,EÚ…CEÚx……c˜, EÚ…‰ S…x… - 682037

M…¶…« x…Æ˙…‰v…EÚ +…ËÆ˙ °Ú…®……« EÚx…M…±…… °ËÚC]ıÆ˙“, BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜=i……nÂ §…‰±…M……®…, (E‰ÚB°Ú§…“) EÚx…M…±…… °ËÚC]ıÆ˙“,

EÚx……«]ıEÚ… §…‰±…M……®…,EÚx……«]ıEÚ… - 591225

+∫…i……±… =i……nÂ ®…x…‰∫…Æ˙ °ËÚC]ıÆ˙“, BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜M…÷b˜M……¥…, (B®…B°ÚV…“), ®…x…‰∫…Æ˙ ™…⁄ x…]ı, ±……Ï]ı x…∆:71Ω˛ Æ˙™……x…… ∫…‰C]ıÆ˙ 7, M…÷b˜M……¥…,

Ω˛ Æ˙™……x…… - 122050

M…¶…« x…Æ˙…‰v…EÚ M…V…¥……±… °ËÚC]ıÆ˙“ BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb®…‰b˜EÚ, (V…“B°ÚBS…), +…∆w…… |…n‰˘∂… M…V…¥……±… ™…⁄ x…]ı,

∫…¥…Ê x…∆. 1005 B, ¥…±…:& ®… b˜±… M…V…¥……±… ®…‰b˜EÚ, +…∆w…… |…n‰∂… - 502 278

°Ú…®……« =i……nÂ <∆n˘…‰Æ˙ °ËÚC]ıÆ˙“ BS…B±…B±… <∆n˘…‰Æ ∫…∆™…∆j…,®…v™… |…n‰∂… ∫…‰C]ıÆ˙ - <«, ∫……x…¥…Æ˙ Æ˙…‰c˜ +…Ët…‰ M…EÚ I…‰j…,(+…<« B°Ú B®…) <∆n˘…‰Æ˙ - ®…v™… |…n‰˘∂…


2. Means of communication :

Annual Audited The company publishes its annual audited statement of accounts in the officialFinancial website www.lifecarehll.comStatements

News Release Official news releases are published through Company's Monthly CorporateNews letters, Quarterly Corporate News Magazines and displayed on the Company'swebsite.lifecarehall.com

Website The Company's Corporate website www.lifecarehll.com provides comprehensiveinformation about the products, business segments, upcoming Projects etc.

Annual Report The Annual Report of the Company is circulated to the shareholders, Ministry ofHealth & Family Welfare, Comptroller and Auditor General of India and all othersentitled thereto like Statutory Auditors etc.

3. Plant Locations

Manufacturing Plant Name and Location Address

Contraceptives Peroorkada Factory, HLL Lifecared LtdThiruvananthapuram Peroorkada Factory,(PFT), Kerala Peroorkada

Thiruvananthapuram-695005

Hospital Products Akkulam Factory, HLL Lifecare LtdThiruvananthapuram Akkulam Factory,(AFT), Kerala Akkulam,


Contraceptives Kakkanad Factory HLL Lifecare LtdKochi, (KFC), Kerala Cochin Special Economic

Zone Division, Plot No. 16A/1,Kakkanadu, Cochin-682037

Contraceptives and Kanagala Factory, Belgaum, KFB HLL Lifecare LtdPharma Products Karnataka Kanagala Factory, Belgaum,

Karnataka-591225

Hospital Products Manesar Factory, Gurgaon, (MFG), HLL LIfecare LtdHariyana Manesar Unit, Plot No. 71

Sector 7, Gurgaon,Haryana-122050

Contraceptives Gajewal Factory, Medak, (GFH) HLL Lifecare LtdAndhra Pradesh Gajewal Unit, Survey No. 1005A

Vill:& Mdl: Gajewal, MedakAndhra Pradesh - 502 278

Pharma Products Indore Factory, HLL Indore Plant,Madhya Pradesh (IFM) Sector-E, Sanver Road

Industrial AreaIndore-Madhya Pradesh

70 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

®…Ë∫…∫…« +x…∆i…˘x… & ∫…÷∆n˘Æ˙®…∫…x…n˘“ ±…‰J……EÚ…Æ˙,

123, ∂…¥…EÚ…i…‘, ∂…∆EÚÆ˙ x…M…Æ˙, x…“Æ˙®…h…EÚÆ˙…, EËÚ®…x…®… …“.+…‰., i…Ø˚¥…x…∆i……÷Æ˙®… - 695 040

n⁄Æ˙¶……π… : 0471-2491601, 2491602<«-®…Ë±… : [email protected]

∫l……x… : i…Ø˚¥…x…∆i……÷Æ˙®… n˘.: 12.09.2012

+x…÷……±…x… |…®……h…-…j…

∫…‰¥…… ®…Â

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜ E‰Ú ∫…n˘∫™…

Ω˛®…x…‰ n˘x……∆EÚ 14 ®…<«, 2010 EÚ‰ b˜“ …“ <« EÚ….Y…….∫…∆.18(8)/2005-V…“ B®… u˘…Æ˙… +x…÷§…∆v… 31 ®……S…«, 2012 EÚ…‰ ∫…®……i… ¥…π…« E‰ÚBS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜ E‰Ú EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x… EÚ“ ∂…i……Á E‰Ú +x…÷……±…x… EÚ“ V……ƒS… EÚ“ ΩË˛*

EÚ…Ï……ÊÆ‰]ı + ¶…∂……∫…x… EÚ“ ∂…i……Á EÚ… +x…÷……±…x… |…§…∆v…x… EÚ… =k…Æ˙n˘… ™…i¥… ΩË* Ω˛®……Æ˙“ V……ƒS… EÚ…Ï……ÊÆ‰]ı + ¶…∂……∫…x… EÚ“ ∂…i……Á EÚ…‰ ∫…÷ x…Œ∂S…i… EÚÆ˙x…‰E‰Ú ±…B E∆Ú…x…“ u˘…Æ˙… ∫¥…“EfiÚi… EÚ…™…«…r˘ i…™……Â +…ËÆ˙ EÚ…™……«x¥…™…x… i…EÚ ∫…“ ®…i… l…“* ™…Ω˛ E∆Ú…x…“ E‰Ú˙ ¥…k…“™… ¥…¥…Æ˙h……Â EÚ“ ±…‰J………Æ˙“I…… ™…… ®…i… EÚ“+ ¶…¥™… HÚ ®……j… x…Ω˛” ΩË˛*

Ω˛®……Æ˙“ Æ˙…™…˙ +…ËÆ˙ Ω˛®…Â n˘B ¥…¥…Æ˙h……Â …Æ˙ +…x…“ =k…®… ∫…⁄S…x…… E‰Ú +x…÷∫……Æ˙ Ω˛®… |…®…… h…i… EÚÆ˙i…‰ ΩÈ˛ EÚ E∆Ú…x…“ x…‰ >…Æ˙ =Œ±±… J…i… b˜“ …“ <«EÚ….Y…… ®…Â +x…÷§…∆v…˘ EÚ…Ï……ÊÆ‰˙]ı + ¶…∂……∫…x… EÚ“ ∂…i……Á EÚ… ¶…Æ˙…⁄Æ˙ +x…÷……±…x… EÚ™…… l……*

+…M…‰ Ω˛®… ∫…π]ı EÚÆ˙i…‰ ΩÈ˛ EÚ B‰∫…… +x…÷……±…x… x… i……‰ E∆Ú…x…“ EÚ“ ¶… ¥…π™… EÚ“ ¥™…¥…Ω˛…™…«i…… E‰Ú ±…B BEÚ +…∑……∫…x… ΩË˛ x… Ω˛“ EÚ…™…«˘I…®…i…… ™……|…¶……¥…EÚ… Æ˙i…… V…∫…E‰Ú ∫……l… |…§…∆v…x… x…‰ E∆Ú…x…“ E‰Ú EÚ…™……Á EÚ…‰ S…±……™…… ΩË˛*

EfiÚi…‰ +x…∆i…x… & ∫…÷∆n˘Æ˙®…∫…x…n˘“ ±…‰J……EÚ…Æ˙,

¥…“.®…“x……I…“ ∫…÷∆n˘Æ˙®…∫……Z…‰n˘…Æ˙, ∫…n˘∫™…i…… ∫…∆. 20120

B°Ú.+…Æ˙.x…∆.000148B∫…


COMPLIANCE CERTIFICATETo

The Members of HLL Lifecare Ltd.

We have examined the compliance of conditions of Corporate Governance by HLL Lifecare Ltd. for the year

ended on 31st March, 2012, as stipulated by DPE O.M. No. 18(8)/2005-GM dated 14th May 2010.

The compliance of the conditions of Corporate Governance is the responsibility of the management. Our

examination was limited to procedures and implementation thereof, adopted by the company for ensuring

the conditions of Corporate Governance. It is neither an audit nor an expression of opinion on the financial

statements of the company.

In our opinion and to the best of our information to the explanations given to us, we certify that the company

had substantially complied with the conditions of Corporate Governance as stipulated in the above mentioned

DPE O.M.

We further state that such compliance is neither an assurance as to the future viability of the company nor

the efficiency or effectiveness with which the management has conducted the affairs of the company.

For ANANTHAN & SUNDARAMChartered Accountants

V. MEENAKSHI SUNDARAMPartner, M.No. 020120

F.R. No. 000148S

ANANTHAN & SUNDARAMChartered Accountants

123, Sivakarthi, Sankar NagarNeeramankara, Kaimanam (P.O), Thiruvananthapuram-695 040

Phone : 0471-2491601, 2491602E-mail : ananthan_sundaram@hotmail com

Place : ThiruvananthapuramDate: 12.09.2012

72 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

III. |…§…∆v…x… EÚ“ S…S……« +…ËÆ˙ ¥…∂±…‰π…h…

1. ¥…Ω∆M……¥…±……‰EÚx…

1.1. ∫¥……∫l™… Æ˙I…… =t…‰M…

+…M……®…“ ¥…π……Á ®…Â ¶……Æ˙i… ®…Â ∫¥……∫l™… Æ˙I…… I…‰j… …™……«i… ¥…fi r˘ E‰Ú ±…B ∫…∆i…÷ ±…i… Æ˙J…‰ BEÚ ®…Ω˛i¥……⁄h…« I…‰j… ΩË* ¥…π…« ®…Â +§… $65 §…±™…x… n‰∂…“∫¥……∫l™… Æ˙I…… =t…‰M… ±…M…¶…M… 20% i…EÚ˙ ¥…EÚ ∫…i… EÚÆ˙ Æ˙Ω˛… ΩË˛ +…ËÆ˙ Æ‰˙À]ıM… BV…‰x∫…“ °ÚS… E‰Ú +x…÷∫……Æ˙, ¶……Æ˙i…“™… ∫¥……∫l™… Æ˙I…… I…‰j… 2015EÚ…‰ $100 §…±™…x… i…EÚ ¥…fi r˘ EÚÆ‰M…“*

n‰˘∂… ®…Â ∫¥……∫l™… Æ˙I…… I…‰j… E‰Ú ¥…EÚ…∫… E‰Ú ±…B ¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ u˘…Æ˙… ±…B M…B ®…Ω˛i¥……⁄h…« …Ω˛±… Æ˙Ω‰˛ ΩÈ˛* ™…‰ …Ω˛±… x…¥…‰∂… …Æ˙ E‰Ú xp˘i…ΩÈ˛ V……‰ §…‰Ω˛i…Æ˙ S… EÚi∫…… +¥…∫…∆Æ˙S…x……, O……®…“h… ∫¥……∫l™… ∫…÷ ¥…v……Bƒ +… n˘ |…n˘…x… EÚÆ˙x…‰ E‰Ú ±…B x…EÚ]ı ∫…∆§…r˘ ÆJ…˙i…… ΩË˛*

• 100 |… i…∂…i… ¥…n‰˘∂…“ |…i™…I… x…¥…‰∂… (B°Ú b˜“ +…<«) EÚ…‰ ∫¥…S…… ±…i… ®……M…« E‰Ú +v…“x… ∫¥……∫l™… B¥…∆ S… EÚi∫…… ∫…‰¥……+…Â E‰Ú ±…B+x…÷®… i… n˘“ M…<« ΩË˛*

• Æ˙…π]≈ı“™… O……®…“h… ∫¥……∫l™… ®…∂…x… x…‰ ∫¥……∫l™… Æ˙I…… ∫…÷ ¥…v……+…Â E‰Ú =z…™…x… +…ËÆ˙ I…®…i…… ¥…fi r˘ E‰Ú ±…B $10.5 §…±™…x… +…§…∆ ]ıi… EÚ™…… l……*

• x…®……«h… E‰Ú ∫…∆∂……‰ v…i… ±……M…i… …⁄Æ˙… EÚÆ˙x…‰ EÚ“ +…‰Æ˙ ∫…Æ˙EÚ…Æ˙ x…‰ UÙ& +…M……®…“ B +…<« +…<« B®… B∫… V…Ë∫…‰ ∫…∆∫l……+…Â +…ËÆ˙ 13 ¥…t®……x… ∫…Æ˙EÚ…Æ˙“ ®…‰ b˜EÚ±… EÚ…Ï±…‰V……Â E‰Ú =z…™…x… E‰Ú ±…B + i… Æ˙HÚ $1.2 §…±™…x… +…§…∆ ]ıi… EÚ™…… l……*

¥…π…« 2012-13 E‰Ú ±…B ™…⁄ x…™…x… §…V…] ®…Â, O……®…“h… B¥…∆ ∂…Ω˛Æ˙“ M…Æ˙“§……Â, n˘…‰x……Â E‰Ú ±…B ∫…∫i…‰ V…“¥…x… Æ˙I…EÚ n˘¥……+…Â +…ËÆ˙ =k…®… ∫¥……∫l™…∫…÷ ¥…v……+…Â …Æ˙ ¥…∂…‰π… °Ú…‰EÚ∫… E‰Ú ∫……l… …UÙ±…‰ ¥…π…« E‰Ú 26,760 EÚÆ˙…‰b˜ E‰Ú +…§…∆]ıx… …Æ˙ ∫¥……∫l™… Æ˙I…… ∫…‰C]ıÆ˙ E‰Ú ±…B 30,477 EÚÆ˙…‰b˜i…EÚ EÚÆ˙“§… 14 |… i…∂…i…i…… EÚ“ ¥…fi r˘ §…V…]ı +…§…∆]ıx… ®…Â EÚ“ M…™…“ ΩË˛*ı Æ˙…π]≈ı“™… O……®…“h… ∫¥……∫l™… ®…∂…x… (Bx… +…Æ˙ BS… B®…) E‰Ú … Æ˙¥™…™….2011 -12 ®…Â 18,115 EÚÆ˙…‰b˜ ∫…‰ 2012-13 ®…Â 20,822 EÚÆ˙…‰b˜ i…EÚ ¥…fi r˘ EÚÆ˙E‰Ú ¥…π…« 2012-13 E‰Ú §…V…] ¶…“ı O……®…“h… B¥…∆ ∂…Ω˛Æ˙“M…∆n˘“ §…Œ∫i…™……Â E‰Ú M…Æ˙“§……Â E‰Ú =k…®… ∫¥……∫l™… ∫…‰¥……+…Â …Æ˙ °Ú…‰EÚ∫… EÚÆ˙i…… ΩË* ∂…Ω˛Æ˙“ M…Æ˙“§……Â EÚ…‰ ±…I™… EÚÆ˙E‰Ú, ∫…Æ˙EÚ…Æ˙ x…‰ Æ˙…π]≈ı“™… ∂…Ω˛Æ˙“ ∫¥……∫l™… ®…∂…x… EÚ…‰ ±……∆S… EÚ™…… ΩË˛ V……‰ ∂…Ω˛Æ˙…Â ®…Â V…“ Æ˙Ω‰˛ ±……‰M……Â EÚ“ §…÷ x…™……n˘“ |……l… ®…EÚ ∫¥……∫l™… +…¥…∂™…EÚi……Bƒ |…n˘…x… EÚÆ˙x…‰ E‰Ú ±…B ±…I™… EÚÆ˙i…… ΩË˛*n‰˘∂… E‰Ú n⁄˘Æ˙∫l… ¶……M……Â ®…Â V…“ Æ˙Ω‰˛ ±……‰M……Â i…EÚ …Ω⁄ƒ˛S…x…‰ EÚ…‰ ±…I™… EÚÆ˙E‰Ú, ∫…Æ˙EÚ…Æ˙ x…‰ |…v……x… ®…∆j…“ ∫¥……∫l™… ∫…÷Æ˙I…… ™……‰V…x…… (…“ B®… B∫… B∫… ¥……<«)E‰Ú +v…“x… ¥…i…«®……x… +∫…i……±……Â EÚ… =z…™…x… EÚÆ˙x…… +…ËÆ˙ x…B +∫…i……±……‰∆ EÚ“ ∫l………x…… EÚÆ˙x…… …Ω˛±…‰ Ω˛“ ∂…÷∞¸ EÚ™…… ΩË˛*

+…M……®…“ ¥…π……Á ®…Â ¶……Æ˙i… E‰Ú §…Ω÷˛®…⁄Ãi… n˘∂…‘™… n˘∂…«x… +x…÷E⁄Ú±… V…x…∫……∆ŒJ™…EÚ“ n˘J……i…… ΩË˛ V……‰ ∫¥……∫l™… Æ˙I…… B¥…∆ °Ú…®…«∫™…⁄ ]ıEÚ±… ∫…‰C]ıÆ˙ -|…™……‰V™… +…™… ∫i…Æ˙ EÚ…‰ §…g¯…x……˛, V…x…∫…∆J™…… EÚ“ ¥…fi r˘ EÚÆ˙x…… +…ËÆ˙ Æ˙…‰M… …Ë]‰ıx…« ®…Â §…n˘±……¥…, E‰Ú ¥…EÚ…∫… EÚ…‰ §…g¯…¥…… n‰˘M……* ∫¥……∫l™… Æ˙I…… =t…‰M…,+¥…∫…Æ˙…Â +…ËÆ˙ S…÷x……Ë i…™……‰∆ EÚ…‰ …EÚb˜x…‰ E‰Ú ±…B Ω˛…‰M…… EÚ <∫… … Æ˙¥…i…«x… EÚ…‰ |……‰i∫…… Ω˛i… EÚÆ‰M…… +…ËÆ˙ =xΩÂ =n¬˘§……‰ v…i… EÚÆ˙x…‰ E‰Ú ±…B + ¶…x…¥…i…Æ˙“E‰Ú J……‰V…x…… Ω˛…‰M……*

1.2 EÚ…Ï……ÊÆ‰]ı ™……‰V…x…… - ¥…W…x… 2020

+……EÚ“ E∆Ú…x…“ x…‰ ¥…π…« 2020 EÚ…‰ BS…B±…B±… EÚ…‰ ` 10,000 EÚÆ˙…‰b˜ ∫¥……∫l™… Æ˙I…… E∆Ú…x…“ §…x……x…‰ E‰Ú ±…B ¥…W…x… 2020-EÚ…Ï……ÊÆ‰]ı™……‰V…x…… §…x……™…“ ΩË˛* ¥…W…x… 2020 ™……‰V…x…… ±…M……i……Æ˙ x…¥……S……Æ˙ E‰Ú W… Æ˙B ∫…®……¥…‰∂… EÚ…‰ §…g¯…¥…… n‰˘x…‰ +…ËÆ˙ M…÷h…¥…k…… ∫¥……∫l™… Æ˙I…… =i……nÂ˘ +…ËÆ˙∫…‰¥……Bƒ |…n˘…x… EÚÆ˙x…‰ E‰Ú ±…B §…x……™…“ ΩË˛*


III. MANAGEMENT DISCUSSION AND ANALYSIS1. OVERVIEW

1.1. Healthcare Industry

The healthcare sector in India is a key sector poised for substantial growth in the coming years. At present,

the $ 65 billion domestic healthcare industry is growing at around 20% a year and according to ratings

agency Fitch, the Indian healthcare sector will swell to $ 100 billion by 2015.

There have been a number of crucial initiatives taken up by the Government of India for the development of

the healthcare sector in the country. These initiatives center on investments that are closely linked to providing

better medical infrastructure, rural health facilities etc.

• 100 per cent foreign direct investment (FDI) is permitted for health and medical services under the

automatic route.

• The National Rural Health Mission (NHRM) had allocated $ 10.15 billion for the up-gradation and

capacity enhancement of healthcare facilities.

• In order to meet revised cost of construction, the Government had allocated an additional $ 1.2

billion for six upcoming AIIMS-like institutes and up-gradation of 13 existing Government Medical

Colleges.

In the Union budget for the year 2012-13, budget allocation has been increased by nearly 14 percent to

` 30,477 Crores for the Healthcare Sector, against previous year's allocation of ` 26,760 Crore, with special

focus on affordable lifesaving drugs and better health facilities for both rural and urban poor. The budget for

2012-13 also focused on better health services to the poor in rural as well as urban slums, increasing the

outlay of the National Rural Health Mission (NRHM) from ` 18,115 Crore in 2011-12 to ` 20,822 Crore in

2012-13. To target the urban poor, the Government also launched the National Urban Health Mission, which

aims to provide basic primary health needs of the people who live in cities. Aiming to reach out to people

living in the remotest part of the country, the Government has already started upgrading the existing hospitals

and establishing new hospitals under the Pradhan Mantri Swasthya Suraksha Yojana (PMSSY)

A Kaleidoscopic view of India in the coming years show favourable demographics that will fuel the growth of

the healthcare and pharmaceutical sector - rising disposable income levels, increasing population and shift

in disease patterns. The healthcare industry will have to seize the opportunities and challenges that this

change will stimulate and will have to find innovative ways to address them.

1.2. Corporate Plan –Vision 2020

Your Company has framed Vision 2020 - Corporate Plan to make HLL a ` 10,000 Cr. healthcare company

by year 2020. The Vision 2020 plan founded on fostering inclusiveness and providing quality healthcare

products and services through continuous innovation.

74 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

<∫… ±…I™… EÚ…‰ Ω˛… ∫…±… EÚÆ˙x…‰ EÚ“ +…‰Æ˙ BS…B±…B±… x…‰ x…®x… ±… J…i… J…∆b˜…Â ®…Â I…®…i…… §…x……x…‰ E‰Ú ±…B +…x…‰ ®…Ω˛i¥……EÚ…∆I…“ ±…I™… ∫l…… …i… EÚ™…… ΩË˛ :

1. E∆Úb˜…‰®…, B°Ú B®… ∫…“ V…“ +…ËÆ˙ +x™… M…¶…« x…Æ˙…‰v…EÚ

2. °Ú…®…«∫™…⁄ ]ıEÚ±∫…

3. ¥…ËC∫…“x…

4. +∫…i……±… =i……nÂ

5. |………h… ∫…‰¥……Bƒ

6. +¥…∫…∆Æ˙S…x…… ¥…EÚ…∫… ∫…‰¥……Bƒ

7. ∫¥……∫l™… Æ˙I…… …Æ˙…®…∂…« ∫…‰¥……Bƒ

8. ∫¥……∫l™… Æ˙I…… ∫…‰¥……Bƒ

¥…W…x… 2020 +¶™……∫… EÚ… |……l… ®…EÚ W……‰Æ l……˙, ¥…W…x… 2010 +¥… v… E‰Ú n˘…ËÆ˙…x… |……Æ∆¶… EÚB ¥™…¥…∫……™… ±……<x……‰∆ EÚ…‰ ®…W…§…⁄i… EÚÆ˙x…… +…ËÆ˙+…M…‰ E∆Ú…x…“ E‰Ú …Æ∆…Æ˙…M…i… ¥™…¥…∫……™… ∫…®…‰ EÚi… EÚÆ˙x……*

<∫… ±…I™… E‰Ú +x…÷∫……Æ˙, E∆Ú…x…“ x…‰ +…x…‰ +x…÷π…∆M…“ E∆Ú…x…“-BS…B±…B±… §……™……‰]‰ıEÚ ±… ®…]‰ıb˜ E‰Ú W… Æ˙B S…‰z…Ë E‰Ú ……∫… S…ÂM…±……‰]¬ı]ı ®…ÂBEÚ“EfiÚi… ¥…ËC∫…“x… EÚ…Ï®±…‰C∫… ∫l…… …i… EÚÆ˙x…‰ E‰Ú ±…B +x…÷®……‰n˘x… |……i… EÚ™…… ΩË* E∆Ú…x…“ x…‰ ®…‰ b˜……E«Ú … Æ˙™……‰V…x……, V…∫…‰ S… EÚi∫…… =…EÚÆ˙h……Â+…ËÆ˙ S… EÚi∫…… <±…ËC]≈ı…Ï x…C∫… =t…‰M… E‰Ú ±…B +…Ët…‰ M…EÚ ……E«Ú E‰Ú ∞¸… ®…Â … Æ˙EÚŒ±…i… EÚ™…… V……i…… ΩË, E‰Ú ∫…∆™…÷HÚ |……‰z…®…x… E‰Ú ±…B i… ®…±…x……b÷+…Ët…‰ M…EÚ ¥…EÚ…∫… EÚ…Ï……ÊÆ‰˙∂…x… ( ]ıb˜EÚ…‰) E‰Ú ∫……l… ¶…“ S…S……« ∂…÷∞¸ EÚ“ ΩË* +…M…‰, E∆Ú…x…“ x…‰ M…V…¥……±…, ®…‰b˜EÚ, +…xw…… |…n‰˘∂… ®…Â …^ı… E‰Ú +…v……Æ˙…Æ˙ ¥… x…®……«h… ∫…÷ ¥…v…… V……‰b˜EÚÆ˙ E∆Úb˜…‰®… E‰Ú ±…B =i……n˘x… I…®…i…… ∫…∆¥…Ãv…i… EÚ™…… ΩË* <∫… I…®…i…… ¥…fi r˘ =t…‰M… ®…Â +…x…… x…‰i…fii¥… Œ∫l… i… ∫…®…‰ EÚi…EÚÆ˙x…‰ E‰Ú ±…B E∆Ú…x…“ EÚ…‰ ∫…I…®… EÚÆ‰˙M…“*

+……EÚ“ E∆Ú…x…“ x…‰ i…Ø˚¥…x…∆i……÷Æ˙®… ®…‰ b˜EÚ±… EÚ…Ï±…‰V… +∫…i……±… +…ËÆ˙ I…‰j…“™… x…‰j… ¥…Y……x… ∫…∆∫l……, i…Ø˚¥…x…∆i……÷Æ˙®… ®…Â ±……<¢ÚE‰Ú™…Æ˙ E‰Úxp˘∫…∆∫l…… …i… EÚÆ˙E‰Ú ∫¥……∫l™… Æ˙I…… J…hb˜ ®…Â +…x…“ x…”¥… ®…W…§…⁄i… EÚ“ ΩË* ™…Ω˛ ±……<¢ÚE‰Ú™…Æ˙ E‰Úxp˘ ®…v™…∫l… ±……‰M……Â EÚ…‰ Ω˛]ı…EÚÆ˙ +∫…i……±……Â EÚ…‰ V…“¥…x…Æ˙I…… n˘¥……Bƒ +…ËÆ˙ ∫…ÃV…EÚ±… <®±……x]ı…‰∆ EÚ“ +……⁄Ãi… EÚÆ˙i…… ΩË˛ +…ËÆ˙ <∫… |…EÚ…Æ˙ =xΩÂ˛ ∫…∫i…“ §…x……i…“ ΩË˛* ™…Ω˛ |…i™……∂…… EÚ“ V……i…“ ΩË˛ EÚ±……<¢ÚE‰Ú™…Æ˙ E‰Úxp˘ E∆Ú…x…“ E‰Ú ™……‰V…x……§…r˘ UÙ……… EÚ…‰ °÷Ú]ıEÚÆ˙ ∫¥……∫l™… Æ˙I…… ∫…‰¥…… E‰Ú ±…B BEÚ |…¥…‰∂… u˘…Æ˙ E‰Ú ∞¸… ®…Â EÚ…®… EÚÆ‰˙M…… *

E∆Ú…x…“ x…‰ +§… GÚ®…∂…& '£Ú“b‰˜™∫…' +…ËÆ˙ '…÷i…÷™…÷M…®…' •……xb˜ x……®… E‰Ú +v…“x… ¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ EÚ…™…«GÚ®… +…ËÆ˙ i… ®…±…x……b÷˜ S… EÚi∫…… +……⁄Ãi…EÚ…Ï……ÊÆ‰˙∂…x… EÚ…‰ =i……n˘…Â EÚ“ +……⁄Ãi… E‰Ú ±…B EÚx…M…±…… ®…Â ∫…Ë x…]ıÆ˙“ x…Ë… EÚx… ¥… x…®……«h… ∫…÷ ¥…v…… |……Æ∆¶… EÚ“ ΩË*

1.3 …Œ§±…EÚ ±… ®…]‰ıb˜ E∆Ú…x…“ ®…Â … Æ˙¥…i…«x…

¥… ¥…v… ª……‰i……Â V…Ë∫…‰ ∂…‰™…Æ˙ …⁄ƒV…“, b˜§…ÂS…Æ˙, V…x…i…… ∫…‰ V…®…… +… n˘ E‰Ú W… Æ˙B + v…EÚ…∆∂… +…Ãl…EÚ ±……M…i… …Æ˙ EÚ…Ï……ÊÆ‰˙]ı ™……‰V…x…… +…ËÆ˙ ¥…W…x…2020 E‰Ú +…v……Æ˙ …Æ˙ x…<« … Æ˙™……‰V…x……Bƒ ±…‰x…‰ +…ËÆ˙ EÚ…™……«Œx¥…i… EÚÆ˙x…‰ E‰Ú ±…B +…‰ I…i… x… v… V…÷]ı…x…‰ EÚ“ +…‰Æ˙, +……EÚ“ E∆Ú…x…“ EÚ…‰‰ 21 °ÚÆ˙¥…Æ˙“2012 ∫…‰ …Œ§±…EÚ ±… ®…]‰ıb˜ E∆Ú…x…“ ®…Â … Æ˙¥…Ãi…i… EÚ™…… M…™…… ΩË˛*

1.4 x…<« ∫…÷ ¥…v……B∆/ ¥…∫i……Æ˙

1.4.1x…B …÷Ø˚π… E∆Úb˜…‰®… ¥… x…®……«h… ∫…÷ ¥…v……

…÷Ø˚π… E∆Úb˜…‰®… E‰Ú ¥… x…®……«h… ∫…÷ ¥…v…… EÚ… |…S……±…x… +…xw…… |…n‰∂… E‰Ú M…V…¥……±…, ®…‰b˜EÚ ®…Â 2012 EÚ…‰ |……Æ∆¶… Ω÷+…* ∫…÷ ¥…v…… EÚ…‰ |… i… ¥…π…« 120n˘∂…±…I… +n˘n˘ E∆Úb˜…‰®… EÚ…‰ =i…… n˘i… EÚÆ˙x…‰ EÚ“ ∫…∆∫l…… …i… I…®…i…… ΩË˛*


Towards achieving this goal, HLL has set itself an ambitious target to build capacity in the followingsegments :

1. Condoms, FMCG & other Contraceptives

2. Pharmaceuticals

3. Vaccines

4. Hospital Products

5. Procurement Services

6. Infrastructure Development Services

7. Healthcare consulting services

8. Healthcare services

The primary thrust of the Vision 2020 exercise was to stregthen the lines of business initiated during theVision 2010 period, and to further consolidate the traditional businesses of the company.

In line with this objective, the Company had obtained the approval for setting up Integrated Vaccine Complexat Chengalpattu near Chennai through its subsidiary company - HLL Biotech Ltd. The Company had alsocommenced discussions with Tamil Nadu Industrial Development Corporation (TIDCO) for joint promotionof the Medipark Project that is envisaged as an industrial park for medical devices and medical electronicsindustry. Further, the Company has augmented production capacity for Condoms by adding a manufacturingfacility on lease basis at Gajewal, Medak, Andhra Pradesh. This capacity augmentation will enable theCompany to consolidate its leadership position in the industry.

Your Company has strengthened its foothold in the healthcare services segment by setting up LifecareCenters at the Thiruvananthapuram Medical College Hospital and the Regional Institute of Ophthalmologyat Thiruvananthapuram. These Lifecare centers supply lifesaving drugs and surgical implants to the hospitals,eliminating middle men and thus making them affordable. It is expected that Lifecare Centers will serve asa gateway for the Company's planned foray into retail healthcare services.

The Company recently commissioned a Sanitary Napkin manufacturing facility at Kanagala for supply ofproducts to the Government of India programme and Tamil Nadu Medical Supplies Corporation under thebrand name 'Freedays' and 'Puthuyugam' respectively.

1.3. Conversion into Public Company

In order to facilitate mobilization of requisite funds to undertake and implement new projects based on theCorporate Plan and Vision-2020 at most economical cost through various sources viz. share capital,debentures, deposits from Public etc., your Company has been converted into Public Limited Company witheffect from 21st February 2012.

1.4 New facilities/expansion

1.4.1 New Male Condom Manufacturing Facility

A facility to manufacture Male Condoms commenced its operation in Gajewal, Medak in Andhrapradesh in2012. The facility has an installed capacity to produce 120 mln. pc. of condom per annum.

76 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

* BS…B±…B±… E‰Ú |…®…÷J… =i……nÂ˘

BS…B±…B±… x…‰ +…x…‰ E∆Úb˜…‰®… =i……n˘x… ™…⁄ x…]ı…Â ∫…‰ 100% I…®…i…… =…™……‰M… Ω˛… ∫…±… EÚ™…… ΩË˛* +x™… =i……n˘…Â E‰Ú ±…B §…‰Ω˛i…Æ˙ I…®…i…… =…™……‰M…|……i… EÚÆ˙x…‰ E‰Ú ±…B |…™……∫… EÚ™…… V…… Æ˙Ω˛… ΩË˛*

1.4.2EÚ…Ï……ÊÆ‰]ı +x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫… E‰Úxp˘

E∆Ú…x…“ x…‰ +…CE÷Ú±…®…, i…Ø˚¥…x…∆i……÷Æ˙®… ®…Â ¥…∑… ∫i…Æ˙ EÚ…Ï……ÊÆ‰]ı +x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫… E‰Úxp˘ §…x……™…… ΩË* 60,000 ∫EÚ. °Ú“. °ËÚ±…‰ E‰Úxp˘EÚ…‰ +∆i…Æ˙ ∫……v…x…… I…‰j……Â ®…Â +x…÷∫…∆v……x… ±…‰x…‰ E‰Ú ±…B +x… ±… ]ıEÚ±… +…ËÆ˙ ]‰ıœ∫]ıM… ∫…÷ ¥…v…… E‰Ú … Æ˙πEfiÚi… B¥…∆ =z…i… ∫…‰C]≈ı®… ΩË˛*

2. ¥™…¥…∫……™… ∫…®…“I……

BS…B±…B±… ¥…∑… E‰Ú +…Æ -……Æ˙ M…¶…« x…Æ˙…‰v…EÚ =i……n˘…Â EÚ“ ∏…‰h…“ E‰Ú BEÚ +O…h…“ ¥… x…®……«i…… +…ËÆ˙ ¥……h…x…EÚi……« ΩË* ™…Ω˛ ¥… ¥…v… +∫…i……±…=i……n˘…Â, °Ú…®……« =i……n˘…Â +…ËÆ˙ ∫¥……∫l™… Æ˙I…… ∫…÷…÷n«˘M…“ ∫…‰¥……Bƒ ¶…“ |…n˘…x… EÚÆ˙i…… ΩË˛*

BS…B±…B±… E‰Ú ¥™…¥…∫……™… EÚ…™…«EÚ±…………Â EÚ“ ∫…®…“I…… x…“S…‰ n˘“ V……i…“ ΩË˛ :

2.1 ¥… x…®……«h…

GÚ.∫…∆. =i……n˘* ™…⁄ x…]ı ∫…∆∫l…… …i… I…®…i…… ¥… x…Ã®…i… … Æ˙®……h… I…®…i…… =…™……‰M…

(M…i… ¥…π…« EÚ…‰π`ˆEÚı ®…Â) (%)

1. E∆Úb˜…‰®… n˘∂…±…I… +n˘n˘ 1344.00 1349.00 100%(1327.85)

2. EÚ…Ï…Æ˙ ]ı“ n˘∂…±…I… +n˘n˘ 5.50 4.06 74%(4.51)

3. §±…b˜ §…ËM… n˘∂…±…I… +n˘n˘ 11.50 4.36 38%(6.42)

4. Œ∫]ıÆ˙…‰<b˜±… +…‰ ∫…“ …“ n˘∂…±…I… ∫……< EÚ±∫… 98.66 55.38 56%(58.68)

5. x……Ïx… Œ∫]ıÆ˙…‰<b˜±… +…‰ ∫…“ …“ n˘∂…±…I… M……‰ ±…™……ƒ 30.00 22.37 75%(26.54)

6. |…‰‰Mx…x…∫…“ ]‰ı∫]ı EÚ…b« n˘∂…±…I… +n˘n˘ 26.00 18.66 72%(23.58)


* HLL's major products.

HLL has achieved 100% capacity utilization at its Condom production units. Efforts are being made toachieve better capacity utilization for other products.

1.4.2 Corporate Research & Development Centre

The company has built a world class Corporate R&D center at Akkulam, Thiruvananthapuram. The Centrespread across 60,000 sq.ft. will have sophisticated and state-of-the-art spectrum of analytical and testingfacilities for carrying out research in interdisciplinary areas.

2. BUSINESS REVIEW

HLL is a leading manufacturer and marketer of a range of Contraceptive products around the globe. It alsoprovides a variety of Hospital products, Pharma products and Healthcare delivery services.

A review of HLL's business activities is given below :

2.1 Manufacturing :

Sl Installed Quantity CapacityNo Product * Unit capacity manufactured utilization

(previous year (%)in bracket)

1 Condoms MPcs 1344.00 1349.00 100%(1327.85)

2. Cu 'T' MPcs 5.50 4.06 74%(4.51)

3. Blood Bag MPcs 11.50 4.36 38%(6.42)

4. Steroidal OCPs Million 98.66 55.38 56%cycles (58.68)

5. Non-Steroidal OCPs Million 30.00 22.37 75%Tablets (26.54)

6. Pregnancy Test Cards MPcs 26.00 18.66 72%(23.58)

78 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

¥…k…“™…

Ω˛…<±……<]¬ı∫

…(+

…ƒEÚb

‰ Ø˚…B˜

±……J

……Â ®…Â)

2.2

x…π……n˘x… Z…±…EÚ

…UÙ±…‰ 1

0 ¥…π……Á

E‰Ú ±

…B E

∆Ú…x…“

E‰Ú ∫

…∆ I…i

… ¥…k

…“™…

… Æ˙h……®…

x…“S

…‰ n˘B

V……i

…‰ ΩÈ˛ :

¥…¥…Æ

˙h…20

02-0

320

03-0

4

2004

-05

20

05-0

6

2006

-07

20

07-0

820

08-0

9

2009

-10

20

10-1

1 2

011-

12

¥™…………Æ…¥…i…«

1410

2.40

1625

3.89

1962

0.49

2128

8.58

2434

8.17

3285

0.88

3664

1.86

4400

6.29

5331

0.62

6085

5.72

E÷Ú±… +

…™…15

785.

9217

564.

2021

,054

.51

2254

5.66

2890

6.99

3500

4.89

3818

8.29

4654

8.03

5411

9.85

6189

3.02

®…⁄±™…ø

…∫…,§™……

V… +

…ËÆ˙ E

ÚÆ˙

(<« §…“

b˜“ +

…<« ]

ı“) E

‰Ú …⁄¥…« +V…«x…

2828

.45

3482

,39

4061

.83

3777

.91

3684

.56

3323

.12

3474

.66

4296

.52

4713

.00

5413

.68

®…⁄±™…ø

…∫…

411.

1845

5.14

573.

9061

3.78

661.

1873

3.07

899.

5912

79.0

714

39.2

215

81.4

7

§™……V…

175.

8578

.79

115.

9849

.25

272.

5044

7.10

920.

6475

6.05

524.

3777

5.83

EÚÆ˙

827.

2610

67.2

513

61.3

712

06.3

410

04.1

071

5.13

896.

6176

8.01

905.

9210

02.3

3

EÚÆ˙ E‰Ú §…

…n˘ ±……¶

…14

14.1

618

81.2

120

10.5

819

08.5

417

46.7

814

27.8

275

7.83

1493

.39

1843

.49

2,05

4.05

<ŒC¥…]ı“ ±……¶…

…∆∂… %

18.2

124

.22

23.2

726

.57

26.5

79.

9810

.00

15.0

015

.00

15.0

0

J…S…« E

ÚB ±……¶

……∆∂…

282.

8337

6.24

361.

5641

2.80

412.

8015

5.00

155.

3523

3.03

233.

0323

3.03

<ŒC¥…]ı“ ∂…‰™…Æ

˙ …⁄ƒV…“

1553

.50

1553

.50

1553

.50

1553

.50

1553

.50

1553

.50

1553

.50

1553

.50

1553

.50

1553

.50

+…Æ˙ I…i…

+…ËÆ˙ +

v…∂…‰π…

3729

.66

5185

.46

6583

.30

8174

.22

9442

.66

1068

8.95

1124

9.99

1247

0.75

1404

2,50

1591

2.59

x…¥…±

… ®…⁄±™…

5283

.16

6738

.96

8136

.80

9727

.72

1099

6.16

1224

2.45

1280

3.50

1402

4.25

1559

6.00

1746

6.09

∫…EÚ±… +

S…±… …

Æ˙∫…∆… k…™……

ƒ82

30.4

095

38.9

710

249.

7910

944.

0412

313.

0414

807.

0719

835.

3022

652.

8423

013.

0225

998.

71

x…¥…±

… +S…±… …

Æ˙∫…∆… k…™……

ƒ26

48.4

135

96.6

937

43.7

138

89.5

846

24.3

764

70.5

510

831.

2212

479.

0513

255.

7516

252.

62

E÷Ú±… … Æ˙∫…∆… k…™……

ƒ10

530.

6012

056.

1815

002.

3417

375.

6526

474.

4828

795.

8239

135.

1238

447.

9352

661.

8958

029.

31

EÚ®…«S

…… Æ˙™……Â EÚ“ ∫

…∆J™……

1837

1850

1850

1845

1917

1880

1927

1922

1939

1900


Tur

nove

r14

102.

4016

253.

8919

620.

4921

288.

5824

348.

1732

850.

8836

641.

8644

006.

2953

310.

6260

855.

72

Tota

l In

com

e15

785.

9217

564.

2021

054.

5122

545.

6628

906.

9935

004.

8938

188.

2946

548.

0354

119.

8561

893.

02

Ear

ning

s B

efor

eD

epre

ciat

ion,

Int

eres

tan

d Ta

x (E

BD

IT)

2828

.45

3482

.39

4061

.83

3777

.91

3684

.56

3323

.12

3474

.66

4296

.52

4713

.00

5413

.68

Dep

reci

atio

n41

1.18

455.

1457

3.90

613.

7866

1.18

733.

0789

9.59

1279

.07

1439

.22

1581

.47

Inte

rest

175.

8578

.79

115.

9849

.25

272.

5044

7.10

920.

6475

6.05

524.

3777

5.83

Tax

827.

2610

67.2

513

61.3

712

06.3

410

04.1

071

5.13

896.

6176

8.01

905.

9210

02.3

3

Pro

fit A

fter T

ax14

14.1

618

81.2

120

10.5

819

08.5

417

46.7

814

27.8

275

7.83

1493

.39

1843

.49

2054

.05

Equ

ity D

ivid

end

%18

.21

24.2

223

.27

26.5

726

.57

9.98

10.0

015

.00

15.0

015

.00

Div

iden

d P

ayou

t28

2.83

376.

2436

1.56

412.

8041

2.80

155.

0015

5.35

233.

0323

3.03

233.

03

Equ

ity S

hare

Cap

ital

1553

.50

1553

.50

1553

.50

1553

.50

1553

.50

1553

.50

1553

.50

1553

.50

1553

.50

1553

.50

Res

erve

s an

d S

urpl

us37

29.6

651

85.4

665

83.3

081

74.2

294

42.6

610

688.

9511

249.

9912

470.

7514

042.

5015

912.

59

Net

Wor

th52

83.1

667

38.9

681

36.8

097

27.7

210

996.

1612

242.

4512

803.

5014

024.

2515

596.

0017

466.

09

Gro

ss F

ixed

Ass

ets

8230

.40

9538

.97

1024

9.79

1094

4.04

1231

3.04

1480

7.07

1983

5.30

2265

2.84

2301

3.02

2599

8.71

Net

Fix

ed A

sset

s26

48.4

135

96.6

937

43.7

138

89.5

846

24.3

764

70.5

510

831.

2212

479.

0513

255.

7516

252.

62

Tota

l A

sset

s10

530.

6012

056.

1815

002.

3417

375.

6526

474.

4828

795.

8239

135.

1238

447.

9352

661.

8958

029.

31

Num

ber

of E

mpl

oyee

s1

83

71

85

01

85

01

84

51

91

71

88

01

92

71

92

21

93

91

90

0

FIN

AN

CIA

L H

IGH

LIG

HT

S

(F

IGU

RE

S I

N R

S. L

AK

H)

2.2

Per

form

ance

sn

apsh

ot

The

sum

mar

ized

fin

anci

al r

esul

ts o

f th

e co

mpa

ny f

or t

he la

st 1

0 ye

ars

are

give

n be

low

:

Des

crip

tion

2002

-03

2003

-04

2004

-05

2005

-06

2006

-07

2007

-08

2008

-09

2009

-10

2010

-11

2011

-12

80 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

2.3 ¥……h…x…

¥…π…« 2011-12 E‰Ú n˘…ËÆ˙…x… ∫…“v…… ¥……h…x… |…S……±…x… ` 176.92 EÚÆ˙…‰b˜ EÚ… ¥™…………Æ˙…¥…i…« §…x……™…… ΩË* ¥……h…x… |…S……±…x…, =…¶……‰HÚ…

¥™…¥…∫……™… |…¶……M… (∫…“ §…“ b˜“), Ω˛…<E‰Ú™…Æ˙ |…¶……M… (BS… ∫…“ b˜“), ®… Ω˛±…… ∫¥……∫l™… Æ˙I…… |…¶……M… (b˜Œ§±…™…÷ BS… b˜“) +…ËÆ˙ +∆i…Æ˙…«π]≈ı“™… ¥™…¥…∫……™… |…¶……M…(+…<« §…“ b˜“) E‰Ú W… Æ˙B EÚ…™……«Œx¥…i… EÚB V……i…‰ ΩÈ˛* <x… |…¶……M……Â EÚ… x…π……n˘x… Ω˛…<±……<]¬ı∫… x…“S…‰ =Œ±±… J…i… EÚB V……i…‰ ΩÈ˛:

2.3.1 =…¶……‰HÚ… ¥™…¥…∫……™… |…¶……M… (∫…“ §…“ b˜“)

®…⁄b¬˜∫… EÚ…‰ ¥…π…« 2011-12 E‰Ú ±…B, ±…M……i……Æ˙ n⁄˘∫…Æ˙“ §……Æ˙ |… i…Œπ`î… ∫…⁄…Æ˙ •……xb˜ B¥……b«˜ ∫…®®…… x…i… EÚ™…… M…™……* b˜§…±… ¥…i…Æ˙h… |……Æ∆˙¶…E‰Ú ∫……l… ∫…®…Ãl…i…, x…B ¥…Ë ∑…EÚ + ¶…™……x… '+……EÚ… ∫…®…™…˙, +……EÚ… ∫l……x…, +……EÚ… ®…⁄b¬˜∫…' x…‰ 32% (ª……‰i… B ∫…“ x…“±∫…x…) ∫…“ B V…“ +…Æ˙®……j…… …Æ˙ §…g¯x…‰ E‰Ú ±…B •……xb˜ ®…n˘n˘ EÚ“ ΩË˛* ®…⁄b¬˜∫… x…‰ ±…M……i……Æ˙ E‰ÚÆ˙±… +…ËÆ˙ i… ®…±…x……b÷˜ E‰Ú ®……ÃEÚ]ı ®…Â x…‰i…fii¥… ∫l……x… §…x……B Æ˙J…… ΩË˛* •……xb˜EÚ…‰ |……EfiÚ i…EÚ ∫…∆P…]ıEÚ u˘…Æ˙… §…x……B ¥…Ë™… HÚEÚ ±…⁄§∫… EÚ“ ∏…‰h…“ i…EÚ §…g¯…™…… M…™…… ΩË˛*

1.5 ®….O……. ±…‰¥…x……‰V…Ê∫]≈ı±… ∂…… ®…±… ™…⁄ x… …±…, BEÚ BEÚ±… J…÷Æ˙…EÚ +………i…EÚ…±…“x… M…¶…« x…Æ˙…‰v…EÚ M……‰±…“ (<« ∫…“ …“) EÚ…‰ +M…∫i… 2011®…Â +Ω˛®…n˘…§……n˘ ®…Â ±……∆S… EÚ™…… M…™……*

¥…J™……i… +…™…« ¥…Ët∂……±…… EÚ…‰^ıCEÚ±… u˘…Æ˙… ¥…EÚ ∫…i… Ω‰˛§∫…« & §…‰Æ˙“∫…, S™…¥…x…⁄±∫… E‰Ú +±……¥…… x…B =i……n˘…Â V…Ë∫…‰ …÷Œπ]ıEÚÆ˙ Ω‰˛™…Æ˙ +…Ï ™…±…,+…x]ı“ b˜…x…b≈˜°Ú Ω‰˛™…Æ˙ +…Ï ™…±… +…ËÆ˙ V……Ï ™…x]ı E‰Ú™…Æ GÚ“®… EÚ‰ |……Æ∆˙¶… E‰Ú ∫……l… |……EfiÚ i…EÚ =i……n˘…Â EÚ“ ∏…‰h…“ EÚ… …÷x…&±……∆S… EÚ™…… M…™……*

2.3.2 Ω˛…<E‰Ú™…Æ˙ |…¶……M… (BS… ∫…“ b˜“)

BS… ∫…“ b˜“ x…‰ +H⁄Ú§…Æ˙ 2010 ®…Â b˜…‰x……]ı…‰ §±…b˜ §…ËM… EÚ…‰ ±……∆S… EÚ™…… ΩË˛* ±……∆S… E‰Ú BEÚ ¥…π…« E‰Ú +∆n˘Æ˙, •……xb˜ b˜…‰x……]ı…‰ x…‰ ` 20.00n˘∂…±…I… §…GÚ“ ……Æ˙ EÚ“ ΩË˛* b˜…‰x……]ı…‰ x…‰ |… i…Œπ`î… EÚ…Ï……ÊÆ‰˙]ı +…ËÆ˙ ∫…Æ˙EÚ…Æ˙“ ∫…∆§…r˘ §±…b˜ §…ÈEÚ…Â E‰Ú §…“S… ®…Â ∫¥…“EfiÚ i… Ω˛… ∫…±… EÚ“ ΩË˛* |…¶……M… x…‰+…x…‰ ∫…∆ ¥…¶……M… EÚ…‰ Æ˙HÚ˜ ∫…∆O…Ω˛h… E‰Úxp˘, Æ˙HÚ P…]ıEÚ …fil…EÚx… ™…⁄ x…]ı…Â +…ËÆ˙ x…™……‰-x……]ı±… Æ˙I…… ™…⁄ x…]ı…Â E‰Ú ∫…∆∫l………x… ®…Â ∫…®…O… ∫…®……v……x… |…n˘…x…EÚÆ˙E‰Ú ¥… ¥…v…“EfiÚi… EÚ™…… ΩË˛* …UÙ±…‰ ¥…π…« E‰Ú n˘…ËÆ˙…x…, 7 Æ˙HÚ P…]ıEÚ …fil…EÚx… ™…⁄ x…]‰∆ E‰ÚÆ˙±… ®…Â ∫l…… …i… EÚB M…B* P……¥…-Æ˙I…… ∫…∆ ¥…¶……M… EÚ…‰ n˘∫…∆§…Æ˙ 2011 ®…Â EÚ…‰S…“ ®…Â +…™……‰ V…i… B ∫…EÚ…Ïx… (¶……Æ˙i… E‰Ú ∫…V…«x……Â E‰Ú +∫……‰ ∫…™…‰∂…x… EÚ… ¥……Ãπ…EÚ ∫…®®…‰±…x…) ®…Â ÀΩ˛M…±…‰C]ı |……<®…-+…x]ı“§…ËC]ı“ Æ˙™…±… ∫™…⁄S…‰∫…« E‰Ú ±……∆S… E‰Ú ∫……l… ¥… ¥…v…“EfiÚi… EÚ™…… M…™……*

|…¶……M… u˘…Æ˙… n‰˘∂… E‰Ú +…Æ˙-……Æ˙ ∫¥…ËŒSUÙEÚ Æ˙HÚ n˘…x… EÈÚ……Â +…ËÆ˙ ∫…“ B®… <« +…™……‰ V…i… EÚÆ˙x…‰ ®…Â ∫… GÚ™… ¶……M…“n˘…Æ˙“ EÚ“ Æ˙Ω˛“* |…¶……M…∫¥…S…… ±…i… P…]ıEÚ x…πEÚπ…«EÚ +…ËÆ˙ EÚ…‰∂……h…÷ ¥…¶……V…EÚ V…Ë∫…‰ =i……n˘…Â E‰Ú ±…B +…v……x… =t…‰M… ®…Â |… i…Œπ`î… J…±…… b˜™……Â E‰Ú ∫……l… EÚ…™…«x…“ i…∫……Z…‰n˘…Æ˙“ ®…Â |…¥…‰∂… EÚÆ˙E‰Ú EÚ…™…«x…“ i… ¥…EÚ…∫… E‰Ú ®……M…« EÚ“ +…‰Æ˙ §…g¯ Æ˙Ω˛… ΩË˛*

¶……Æ˙i… ®…Â P……¥… Æ˙I…… ®……ÃEÚ]ı 8% ∫…“ B V…“ +…Æ˙ …Æ˙ §…g¯ Æ˙Ω˛… ΩË˛* P……¥… Æ˙I…… J…∆b˜ ®…Â |…M……®…“ +…¥…∂™…EÚi……+…Â EÚ…‰ …⁄Æ˙… EÚÆ˙x…‰ EÚ“ +…‰Æ˙,|…¶……M… ®…ËGÚ…‰-∫™…⁄S…‰∫…«, ∫…ÃV…EÚ±… ∫]ı…±…‰∫…« +…ËÆ˙ ∫…ÃV…EÚ±… |……‰∫i…‰ ∫…∫… E‰Ú J…∆b˜…Â ®…Â UÙ……… ®……Æ˙ Æ˙Ω˛… ΩË˛*

2.3.3 ®… Ω˛±…… ∫¥……∫l™… Æ˙I…… |…¶……M… (b˜Œ§±…™…÷ BS… b˜“)

+§… b˜˜Œ§±…™…÷ BS… b˜“ M…Ëx…EÚ…Ï±…V…“ EÚ“ 13 S… EÚi∫…… ∏…‰ h…™……Â ®…Â |…S……±…x… EÚÆ˙ Æ˙Ω‰˛ ∫…∆ ¥…¶……M… ®…Â ±…M…¶…M… 49 =i……nÂ˘ ΩÈ˛* b˜Œ§±…™…÷ BS…b˜“ 70% ®……ÃEÚ]ı ∂…‰™…Æ˙ E‰Ú ∫……l… n÷˘ŒπGÚ™……i®…EÚ M…¶……«∂…™… Æ˙HÚª……¥… (b˜“ ™…÷ §…“) J…∆b˜ ®…Â ®……ÃEÚ]ı ±…“b˜Æ˙ ΩË˛* b˜Œ§±…™…÷ BS… b˜“ ®…Â +O…h…“ •……xb˜…‰∆®…Â x……‰¥…‰C∫… b˜“ B∫…, Ω˛±…V…‰∫]ıÆ˙…‰x… +…ËÆ˙ °‰ÚÆ˙…‰±…∫… ΩÈ˛*

b˜˜Œ§±…™…÷ BS… b˜“ x…‰ M……< x…EÚ ®……ÃEÚ]ı E‰Ú 58% ∫…®……¥…‰ ∂…i… EÚ™…… ΩË˛ V……‰ ` 3799 EÚÆ˙…‰b˜ +…ËÆ˙ 14.5% …Æ˙ ¥…fi r˘ EÚÆ˙ Æ˙Ω˛“ ΩË*|…¶……M… x…‰ +…x]ı“x…Ë]ı±… Æ˙I……, +…x]ı“ <x°‰ÚC]ı“¥… +…ËÆ˙ <x…°‰ÚÃ]ı ±…]ı“ l…‰Æ˙……“ I…‰j……Â ®…Â ±……∆S… EÚB +…GÚ…®…EÚ =i……n˘ E‰Ú ∫……l… …UÙ±…‰ ¥…π…« ®…Â42% ¥…fi r˘ EÚÆ˙E‰Ú BEÚ §…Ω÷i… §…c˜… Æ˙EÚ…‰b« EÚ™…… ΩË*Ú


2.3. MARKETING

The direct marketing operations generated a turnover of ` 176.92 Cr. during the year 2011-12. The marketing

operations are carried out through Consumer Business Division (CBD), HiCare Division (HCD). Women's

Healthcare Division (WHD) and the International Business Division (IBD). The performance highlights of

these divisions are outlined below :

2.3.1 CONSUMER BUSINESS DIVISION (CBD)

Moods has been awarded the prestigious Super Brand award for Yr. 2011-12, consecutively for the second

time. The new global campaign "Your time Your Place Your Moods" supported with double distribution

initiate has helped the brand to grow at a volume a CAGR of 32% (source AC Nielsen). Moods has

consistently retained leadership position in markets of Kerala and Tamil Nadu. The brand has been extended

to the category of Personal Lubes made of natural ingredient.

Unipill, a single dose Emergency Contraceptive Pill (ECP) containing 1.5 mg Levonorgestrel was launched

in Ahmedabad in Aug 2011.

Herbs & Berries, the range of natural products, developed by renowned Arya Vaidya Sala, Kottakkal, was

relaunched with the introduction of new products like Nourishing hair oil, Anti dandruff hair oil and Joint Care

Cream apart from Chyavanules.

2.3.2 HiCARE DIVISION (HCD)

HCD launched DONATO blood bags in October 2010. Within one year of the launch, brand Donato has

crossed the sales of ` 20.00 Million. Donato has gained acceptance among the reputed corporate and

Government affiliated blood banks. The division has diversified its portfolio by offering holistic solutions in

setting up of Blood Storage Centers, Blood Component Separation Units and Neo-natal care units. During

the past year, 7 blood component separation units have been set-up in Kerala. The wound-care portfolio

was diversified with the launch of Hinglact Prime - anti-bacterial sutures - in December 2011, at ASICON

(Annual Conference of the Association of Surgeons of India), held at Kochi.

The division has been an active participant in conducting voluntary blood donation camps and CMEs across

the country. The division is heading towards a strategic growth path by entering into strategic partnerships

with reputed players in the transfusion industry for products such as automated component extractors and

cell separators.

The wound care market in India is growing at a CAGR of 8%. To cater to the advancing needs in wound care

segment, the division is foraying into the segment of micro-sutures, surgical staplers and surgical prosthesis.

2.3.3 WOMEN'S HEALTHCARE DIVISION (WHD)

WHD currently operating in 13 therapeutic ranges of Gynecology, has around 49 products in the portfolio.

WHD is the market leader in Dysfunctional Uterine Bleeding (DUB) segment with 70% market share. The

leading brands in WHD are Novex DS, Hilgesterone and Ferroplus.

WHD covers 58% of the Gynaec market which stands at Rs. 3799 Cr. and growing at 14.5%. The division

has recorded a whopping 42% growth last year with aggressive product launches in Antenatal care, Anti-

infective and Infertility therapy areas.

82 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

|…¶……M… +…M……®…“ ¥…k…“™… ¥…π…« ®…Â 15000 ∫…‰ 20000 i…EÚ E‰Ú +…x…‰ ¥…t®……x… =…¶……‰HÚ… +…v……Æ˙ (M…<«x…EÚ…‰±… V…∫]ı) EÚ…‰ §…g¯…EÚÆ˙ ¥…Ω˛“ ¥…fi r˘n˘Æ˙ EÚ…‰ ±…I™… EÚÆ˙i…… ΩË˛* x…¥…“x… =i……n˘…Â V…Ë∫…‰ Ω˛…®……Êx… x…®……ÊS…x… <x]≈ı… ™…⁄]ı Æ˙x… =……™…, x……Ïx… Ω˛…®……Êx…±… +………i…EÚ…±…“x… M…¶…« x…Æ˙…‰v…EÚ +…ËÆ˙+x…÷¥…«Æ˙i…… E‰Ú +…Æ˙-……Æ˙ °ËÚ±…‰ =i……nÂ˘, ®… Ω˛±…… ∫¥……∫l™… +…ËÆ˙ ……‰∫]ı ……]«ı®… Æ˙I…… EÚ…‰ +…M……®…“ ®…Ω˛“x……Â ®…Â ±……∆S… EÚB V……BƒM…‰*

2.3.4 +∆i…Æ˙…«π]≈ı“™… ¥™…¥…∫……™… |…¶……M… (+…<« §…“ b˜“)

E∆Ú…x…“ E‰Ú +∆i…Æ˙…«π]≈ı“™… ¥™…¥…∫……™… |…¶……M… (+…<« §…“ b˜“) ¥…∑… ¶…Æ˙ ®…Â 100 ∫…‰ V™……n˘… n‰˘∂……Â ®…Â =i……n˘…Â EÚ… ¥…i…Æ˙h… EÚÆ˙i…… ΩË˛* E∆Úb˜…‰®…EÚ… ±……M… ∂…… •……xb˜, ®…⁄b¬˜∫… EÚ…‰ ®…v™… …⁄¥…«, E‰Ú x…™……, ®……Ë Æ˙∂™…∫…, §……‰]¬ı∫…¥……x……, EÚ…‰±…∆ §…™…… +… n˘ ®…Â ∫…∂…HÚ °÷Ú]ıEÚÆ˙ +…v……Æ˙ ΩË˛ V…∫…®…Â +…V…®…⁄b¬∫… 51% =SS…i…®… ∏…‰h…“ ¥…fi r˘ E‰Ú ∫……l… 6.1% ®……ÃEÚ]ı ∂…‰™…Æ˙ ( B ∫…“ x…“±∫…x… °÷Ú]ıEÚÆ˙ ±…‰J………Æ˙“I…… Æ˙……‰]«ı : ®…<« 2012 E‰Ú +x…÷∫……Æ˙)EÚ… =…™……‰M… EÚÆ˙i…… ΩË* …UÙ±…‰ 4 ¥…π……Á ∫…‰ |…¶……M… x…‰ ®……ÃEÚ]ı ®…Â |…¥…‰∂… EÚÆ˙E‰Ú EÚ…°Ú“ ¥…fi r˘ EÚÆ˙ ……™…“ ΩË* |…¶……M… …UÙ±…‰ S……Æ˙ ¥…π……Á ®…Â 31% ∫…“B V…“ +…Æ˙ ……‰∫]ı EÚÆ˙ ∫…EÚ… ΩË˛*

¥…∑… ¶…Æ˙ ®…Â 24 n˘‰∂……Â ®…Â BS… B±…-Ω˛“®……‰…ËEÚ §±…b˜ §…ËM… +…ËÆ˙ 13 n‰˘∂……Â ®…Â ∫™…⁄S…‰∫…« =…±…§v… ΩÈ˛* +…V… BS… B±… Ω˛“®……‰…ËEÚ E‰Ú x…™…… ®…Â+O…h…“ •……xb˜ ΩË˛*

BS…B±…B±… E‰Ú +∆i…Æ˙…«π]≈ı“™… O……Ω˛EÚ…Â ®…Â ¥… ¥…v… ∫…Æ˙EÚ…Æ˙“ |………h… ∫…∆M…`ˆx……Â E‰Ú +±……¥…… ¥…∑… x…EÚ…™……Â V…Ë∫…‰ ™…÷ Bx… B°Ú …“ B, +…<« b˜“ B,GÚ…=x… BV…‰x]¬ı∫…, +…<« B®… +…Æ˙ +…<« <« B∫…, ®…∂…x… °Ú…®……« ∂…… ®…±… ΩÈ˛*

¥…π…« 2011-12 E‰Ú n˘…ËÆ˙…x… +∆i…Æ˙…«π]≈ı“™… ¥™…¥…∫……™… |…¶……M… x…‰ 38% ¥……Ãπ…EÚ ¥…fi r˘ E‰Ú ∫……l… 46.55 EÚÆ˙…‰b˜ EÚ… ¥™…………Æ˙…¥…i…« Ω˛… ∫…±… EÚ™……ΩË˛* Ω˛®……Æ‰˙ ®…⁄±… ¥™…¥…∫……™… E‰Ú ¥…Ë ∑…EÚ J…±……b˜“ §…x…x…‰ E‰Ú =q‰˘∂™… E‰Ú ∫……l…, Ω˛®… x…‰ •…W…“±…, ™…÷ B <«, E‰Ú x…™……, §…∆M±……n‰˘∂… +…ËÆ˙ P……x…… ®…ÂEÚ…™…«……±…EÚ…Â EÚ…‰ i…Ëx……i… EÚ™…… ΩË*

2006-07 ∫…‰ +∆i…Æ˙…«π]≈ı“™… ¥™…¥…∫……™… |…¶……M… E‰Ú ±…B ®…Ω˛i¥……⁄h…« EÚ…™…«x…“ i… Æ˙Ω˛“ ΩË˛ BEÚ n‰˘∂… EÂÚ p˘i… …Ωƒ˛⁄S… +…ËÆ˙ =SS… =r˘…Æ˙ *

¥…π…« 2011-12 E‰Ú n˘…ËÆ˙…x…, E∆Ú…x…“ x…‰ B +…<« +…Æ˙ +…<« B ∫…‰ x…™……«i… B¥……b«˜ +…ËÆ˙ EËÚ…‰ŒC∫…±… ∫…‰ ¥…∂…‰π… x…™……«i… B¥……b«˜ V…“i… ±…™…… ΩË˛*

3. ∫…‰¥…… |…¶……M…

BS…B±…B±… EÚ…‰ i…“x… ∫…‰¥…… |…¶……M… ΩÈ˛; ¥…‰ ΩÈ˛ :

3.1 |………h… B¥…∆ …Æ˙…®…∂…« |…¶……M… (…“ ∫…“ b˜“)

…“ ∫…“ b˜“ +M…∫i… 2010 ∫…‰ ∫……E«Ú ∫…n˘∫™… Æ˙…V™……Â EÚ…‰ S… EÚi∫…… =…EÚÆ˙h……Â E‰Ú |………h… B¥…∆ +……⁄Ãi… E‰Ú ±…B ∫……E«Ú ∫… S…¥……±…™… E‰ÚEÚ…™……«x¥…™…x… ∫……Z…‰n˘…Æ˙ ΩË˛* ∫……l… Ω˛“, ™…Ω˛ n‰˘∂…“ |………h… E‰Ú ±…B ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙ EÚ±™……h… ®…∆j……±…™… E‰Ú +v…“x… … Æ˙EÚŒ±…i… Æ˙…π]≈ı“™… |………h…∫…®…l…«x… + ¶…EÚÆ˙h……‰∆ (Bx… …“ B∫… B) ®…Â BEÚ ΩË˛*

∫…®…“I……v…“x… ¥…π…« E‰Ú n˘…ËÆ˙…x…, …“ ∫…“ b˜“ x…‰ ` 6.70 EÚÆ˙…‰b˜ E‰Ú +…™… +…ËÆ˙ ` 3.20 EÚÆ˙…‰b˜ E‰Ú ±……¶… §…x……EÚÆ˙ ` 302.95 EÚÆ˙…‰b˜ EÚ…¥™…¥…∫……™… ∫…∆¶……±…… ΩË˛ *

¥…π…« 2011-12 E‰Ú n˘…ËÆ˙…x…, …Æ˙…®…∂…« ∫…‰¥……Bƒ, Bx… +…Æ˙ BS… B®…, +…<« ∫…“ ∫…“ +…‰ Bx… B∫…, +…Æ˙ V…“ +…<« & +…<« +…<« …“ B∫…,+…<« B®… …“ ∫…“ B±…, ®……‰b÷˜±……Æ˙ +…‰ ]ı“ ( V…®®…⁄ & EÚ∂®…“Æ˙), Ω˛®……S…±… ∫…Æ˙EÚ…Æ˙, …∆V……§… ∫…Æ˙EÚ…Æ˙ +…ËÆ˙ …“ B®… B∫… B∫… ¥……<« + ©…i…∫…Æ˙ EÚ…‰|…n˘…x… EÚ“ M…<« ΩÈ˛˛*


The division aims for the same growth rate, by increasing its current customer (Gyenecologists) base of

15000 to 20000 in the coming financial year. Launch of innovative products like hormone releasing Intra

Uterine Device, non-hormonal Emergency contraceptive and products spanning across Infertility, Female

hygiene and Post-Partum care shall be launched in the coming months.

2.3.4 INTERNATIONAL BUSINESS DIVISION (IBD)

The International Business Division (IBD) of the Company distributes products to over 100 countries

worldwide. MOODS, the flagship brand of condom has a strong retail base in Middle East, Kenya, Mauritius,

Botswana, Colombia etc. in which today MOODS enjoy 6.1% market share (as per AC Neilsen retail audit

report : May 2012) with a highest category growth of 51%. Over the past 4 years the division could grow

significantly by entering into new markets. The division could post a CAGR 31% in the last four years.

HL-Haemopack Blood Bags is available in 24 countries and Sutures in 13 countries around the globe. HL

Haemopack today is the leading brand in Kenya.

HLL's International clients include world bodies such as the UNFPA, IDA, CROWN AGENTS, IMRES, MISSION

PHARMA in addition to various governmental procurement organizations.

During the year 2011-12 International Business Division has achieved a turnover of ` 46.55 Cr. with a Year

to Year growth of 38%. With an objective of becoming a global player for our core business, we have posted

Executives in Brazil, UAE, Kenya, Bangladesh and Ghana.

A country focused approach and high deliverance have been the key strategies for International Business

Division since 2006-'07.

During the year 2011-12, The Company won Export Award from AIRIA and Special Export Award from CAPEXIL.

3. SERVICES DIVISION

HLL has three service divisions; they are :

3.1 Procurement & Consultancy Division (PCD)

PCD is the implementation partner of SAARC Secretariat for procurement and supply of Medical Equipments

to SAARC member countries since August 2010. Also, it is one of the designated National Procurement

Support Agencies (NPSA) under the Ministry of Health & Family Welfare for domestic procurement.

During the year under review, PCD handled a business of ` 302.95 Cr. generating an income of ` 6.70 Cr.

and profit of ` 3.20 Cr.

During the year 2011-12 consultany services were offered to NRHM, ICCONS, RGI & IIPS, IMPCL, Modular

OT (J&M) Govt. of Himachal, Govt. of Punjab and PMSSY Amritsar.

84 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

3.2 +¥…∫…∆Æ˙S…x…… ¥…EÚ…∫… |…¶……M… (+…<« b˜“ b˜“)

3.2.1 +…<« b˜“ b˜“ x…‰ °ÚÆ˙¥…Æ˙“ 2009 ®…Â x…v……« Æ˙i… ∫…®…™… E‰Ú BEÚ ®…Ω˛“x…‰ …Ω˛±…‰ ` 184 EÚÆ˙…‰b˜ E‰Ú V…®…‰Æ˙, …÷n÷S…‰Æ˙“ °‰Ú∫… - I … Æ˙™……‰V…x……∫…°Ú±…i………⁄¥…«EÚ …⁄Æ˙“ EÚ“ ΩË˛* =∫…“ |…EÚ…Æ˙, 350 EÚÆ˙…‰b˜ EÚ… V…®…‰Æ˙ °‰Ú∫… - II … Æ˙™……‰V…x…… ¶…“ x…v……« Æ˙i… ∫…®…™… E‰Ú …Ω˛±…‰ …⁄Æ˙“ EÚ“M…<«*

|…¶……M… u˘…Æ˙… x…π…… n˘i… ∫…‰±…®… ®…‰ b˜EÚ±… EÚ…Ï±…‰V… … Æ˙™……‰V…x…… x…‰ <∆ b˜™…x… O…“x… §…œ±b˜M… EÚ…=Œx∫…±… ∫…‰ ±…“b˜ |…®……h…x… E‰Ú +v…“x… M……‰±b˜Æ‰˙À]ıM… |……i… EÚ™…… ΩË˛* ™…Ω˛ …Ω˛±…“ §……Æ˙ BEÚ ∫…Æ˙EÚ…Æ˙“ ®…‰ b˜EÚ±… EÚ…Ï±…‰V… EÚ…‰ ±…“b˜ |…®……h…x… E‰Ú +v…“x… M……‰±b˜ Æ‰˙À]ıM… …÷Æ˙∫EfiÚi… EÚ™……V……i…… ΩË˛*

3.2.2 ¥…π…« 2011-12 E‰Ú n˘…ËÆ˙…x… +…<« b˜“ b˜“ u˘…Æ˙… …⁄Æ‰˙ EÚB |…®…÷J… +¥…∫…∆Æ˙S…x…… … Æ˙™……‰V…x……+…Â ®…Â ∂…… ®…±… ΩÈ :

EÚ. ∫…‰±…®… ®…‰ b˜EÚ±… EÚ…Ï±…‰V… ®…Â ∫…⁄…Æ˙ ∫…‰∂™…… ±…]ı“ §±……ÏEÚ +…ËÆ˙ ]≈ı…Ï®…… E‰Ú™…Æ˙ ∫…∆…⁄h…« ∞¸… ∫…‰ |…S……±……i®…EÚ §…x……™…… M…™……*

J…. Æ˙…π]≈ı“™… O……®…“h… ∫¥……∫l™… ®…∂…x…, E‰ÚÆ˙±… u˘…Æ˙… ∫……È…‰ M…B 12 +∫…i……±……Â ®…Â +…Ï…Æ‰˙∂…x… l…“™…‰]ıÆ˙…Â EÚ… =z…™…x…*

M…. …÷±…™…x……Æ˙EÚ…‰^ı… ®…Â ∫……®…… V…EÚ EÚ±™……h… ¥…¶……M…, E‰ÚÆ˙±… ∫…Æ˙EÚ…Æ˙ E‰Ú ±…B E‰Ú™…Æ˙ Ω˛…‰®…*

P…. ®…‰ b˜EÚ±… EÚ…Ï±…‰V…, i…Ø˚¥…x…∆i……÷Æ˙®… +…ËÆ˙ b˜“ B®… +…‰ EÚ…™……«±…™…, i…Ø˚¥…x…∆i……÷Æ˙®… ®…Â E‰ÚÆ˙±… S… EÚi∫…… ∫…‰¥…… EÚ…Ï……ÊÆ‰∂…x… E‰Ú ±…B M……‰n˘…®……ÂEÚ… +…v…÷ x…EÚ“EÚÆ˙h…*

3.2.3 +…<« b˜“ b˜“ u˘…Æ˙… x…π…… n˘i… ¥…i…«®……x… |…®…÷J… … Æ˙™……‰V…x……Bƒ

• ` 3720 EÚÆ˙…‰b˜ E‰Ú E÷Ú±… ±……M…i… …Æ˙ …]ıx……, @Ò π…E‰Ú∂…, ¶…÷¥…x…‰∑…Æ˙, ¶……‰……±…, Æ˙…™……÷Æ˙, V……‰v……÷Æ˙ ®…Â B +…<« +…<« B®… B∫… V…Ë∫…“∫…∆∫l…… EÚ… ∫…∆∫l………x…*

• ` 670 EÚÆ˙…‰b˜ EÚ“ +x…÷®…… x…i… ±……M…i… …Æ˙ x…Ë∂…x…±… <∆Œ∫]ı]¬ı™…⁄]ı +…Ï°Ú …ËÆ˙…®…‰ b˜EÚ±… ∫……<x∫… (Bx… +…<« …“ B∫…) +…ËÆ˙ Æ˙“ V…x…±…<∆Œ∫]ı]¬ı™…⁄] +…Ï°Ú …ËÆ˙…®…‰ b˜EÚ±… ∫……<x∫… (+…Æ˙ +…<« …“ B∫…)

• ` 480 EÚÆ˙…‰b˜ EÚ“ … Æ˙™……‰V…x…… ±……M…i… …Æ˙ <« B∫… +…<« ∫…“, …… Æ˙…Œ±±…, EÚ…‰±±…®…, E‰ÚÆ˙±… E‰Ú ±…B x…B ®…‰ b˜EÚ±… EÚ…Ï±…‰V… EÚ… x…®……«h…*

• ` 150 EÚÆ˙…‰b˜ EÚ“ +x…÷®…… x…i… ±……M…i… …Æ˙ …“ B®… B∫… B∫… ¥……<« E‰Ú +v…“x… Æ˙…‰Ω˛i…EÚ, Ω˛ Æ˙™……x…… E‰Ú ®…‰ b˜EÚ±… EÚ…Ï±…‰V… EÚ…=z…™…x…* ` 150 EÚÆ˙…‰b˜ EÚ“ +x…÷®…… x…i… ±……M…i… …Æ˙ …“ B®… B∫… B∫… ¥……<« E‰Ú +v…“x… +±…“M…g¯, =k…Æ˙|…n‰˘∂… E‰Ú ®…‰ b˜EÚ±…EÚ…Ï±…‰V… EÚ… =z…™…x…*

• ` 150 EÚÆ˙…‰b˜ EÚ“ +x…÷®…… x…i… ±……M…i… …Æ˙ …“ B®… B∫… B∫… ¥……<« E‰Ú +v…“x… ®…v…÷Æ˙…, i… ®…±…x……b÷˜ E‰Ú ®…‰ b˜EÚ±… EÚ…Ï±…‰V… EÚ…=z…™…x…*

• ` 450 EÚÆ˙…‰b˜ EÚ“ +x…÷®…… x…i… ±……M…i… …Æ˙ EÚ…‰ z…, …k…x…®… i…^ı…, E‰ÚÆ˙±… ®…Â x…B ®…‰ b˜EÚ±… EÚ…Ï±…‰V… EÚ… x…®……«h…*

• ` 250 EÚÆ˙…‰b˜ EÚ“ … Æ˙™……‰V…x…… ±……M…i… …Æ˙ V…®…‰Æ˙, …÷i…÷SS…‰Æ˙“ °‰Ú∫… - III ®…Â =z…™…x… EÚ…™…«*

• E‰ÚÆ˙±… ™…⁄ x…¥…‰Ã∫…]ı“ +…Ï°Ú Ω‰˛±l… ∫……™…x∫… (E‰Ú ™…÷ BS… B B∫…), i…fi∂∂…⁄Æ˙ E‰Ú ±…B 25 EÚÆ˙…‰b˜ EÚ“ … Æ˙™……‰V…x…… ±……M…i… …Æ˙ |…∂……∫… x…EÚ§±……ÏEÚ EÚ… x…®……«h…*

• ` 6 EÚÆ˙…‰b˜ EÚ“ … Æ˙™……‰V…x…… ±……M…i… …Æ˙ ¶……Æ˙i…“™… ®…v…÷®…‰Ω˛ ∫…∆∫l……, i…Ø˚¥…x…∆i……÷Æ˙®… EÚ… x…®……«h… EÚ…™…«*


3.2 Infrastructure Development Division (IDD)

3.2.1 IDD successfully completed the JIPMER, Puducherry Phase-I project of value ` 184 Crore one month

ahead of schedule in February 2009. Similarly, JIPMER Phase-II project of value ` 350 Crore was

also completed ahead of schedule.

The Salem Medical College Project executed by the division achieved Gold rating under LEED

certification from Indian Green Building Council. This is the first time a Government Medical College

is awarded Gold rating under LEED certification.

3.2.2 The major infrastructure projects completed by IDD during year 2011-12 include :

a. Super speciality block and trauma care at Salem Medical College was made fully operational.

b. Upgradation of operation theatres in 12 hospitals entrusted by the National Rural Health Mission,

Kerala.

c. Care Home for Social Welfare Department, Government of Kerala at Pulayanarkotta.

d. Modernization of warehouses for Kerala Medical Services Corporation at Medical College,

Thiruvananthapuram and DMO Office, Thiruvananthapuram.

3.2.3. The major projects currently executed by IDD are :

• Setting up of 6 AIIMS like institutes in Patna, Rishikesh, Bhuvaneswar, Bhopal, Raipur, Jodhpur at

a total cost of ` 3720 Crore.

• National Institute of Paramedical Science (NIPS) & Regional Institute of Paramedical Science

(RIPS) at an estimated cost of ` 670 Crore.

• Construction of new Medical College for ESIC at Paripally, Kollam, Kerala at a project cost of

` 480 Crore.

• Upgradation of Medical College at Rohtak, Haryana under PMSSY at an estimated cost of ` 150

Crore. Upgradation of Medical College at Aligarh, Uttar Pradesh under PMSSY at an estimated

cost of ` 150 Crore.

• Upgradation of Medical College at Madurai, Tamil Nadu under PMSSY at an estimated cost of

` 150 Crore.

• Construction of new Medical College at Konni, Pathanamthitta, Kerala at an estimated cost of

` 450 Crore.

• Upgradation works at JIPMER, Puducherry Phase-III at a project cost of ` 250 Crore.

• Construction of administrative block at a project cost of ` 25 Crore for Kerala University of Health

Science (KUHAS), Thrissur.

• Construction work of Indian Institute of Diabetes, Thiruvananthapuram at a project cost of

` 6 Crore.

86 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

¥…π…« E‰Ú n˘…ËÆ˙…x… +…<« b˜“ b˜“ u˘…Æ˙… Ω˛… ∫…±… EÚ“ M…<« |… i…Œπ`ˆi… … Æ˙™……‰V…x……+…Â ®…Â ∂…… ®…±… ΩÈ˛ :

• ` 118 EÚÆ˙…‰b˜ EÚ… …∆V……§… i…EÚx…“EÚ“ ™…⁄ x…¥…‰Ã∫…]ı“, V…±…xv…Æ˙ ®…Â x…®……«h… EÚ…™…«*

• ` 21 EÚÆ˙…‰b˜ EÚ… x…Ë∂…x…±… <∆Œ∫]ı]¬ı™…⁄] +…Ï°Ú <∆]ıÆ˙ b˜ ∫…Œ±…x…Æ˙“ ∫……™…x∫… +…Ïhb˜ i…EÚx……Ï±…V…“ (Bx… +…<« +…<« B∫… ]ı“) ®…Â Æ˙V…i…V…™…∆i…“ §±……ÏEÚ EÚ… x…®……«h…*

3.3 x…Ën˘… x…EÚ ∫…‰¥…… |…¶……M…

3.3.1 ÀΩ˛n˘ ±…Ë§∫…

+……EÚ“ E∆Ú…x…“ u˘…Æ˙… E‰ÚÆ˙±… ®…Â i…“x… ®…‰ b˜EÚ±… +∫…i……±……Â ®…Â S…±…… Æ˙Ω‰˛ ÀΩ˛n˘±…Ë§∫… B®… +…Æ˙ +…<« ∫EÚ…x… E‰Úxp˘ EÚ∫…“ ¶…“ x…V…“ EÂÚp˘ E‰Ú∫……l… ∫…®…®…⁄±™… …Æ˙ ΩË˛ +…ËÆ ∫…∫i…“ n˘Æ˙ …Æ =SS… M…÷h…¥…k……¥……±…“ B®… +…Æ˙ +…<« ∫…÷ ¥…v…… |…n˘…x… EÚÆ˙i…“ ΩË˛* BS…B±…B±… <x… EÂÚp˘…Â ®…Â §…“ …“B±… ∏…‰h…“ E‰Ú n˘∫… |… i…∂…i… +∆i…Æ∆˙M… Æ˙…‰M…“ EÚ…‰ ®…÷i… ®…Â B®… +…Æ˙ +…<« ∫EÚ…x… ∫…‰¥…… ¶…“ |…n˘…x… EÚÆ˙i…… ΩË˛*

E∆Ú…x…“ …⁄h…« ¥…EÚ ∫…i… x…Ën˘… x…EÚ ∫…‰¥……Bƒ V…Ë∫…‰ x…Ën˘… x…EÚ ±…§……‰Æ˙]ıÆ˙“, ∫…“ ]ı“ ∫EÚ…x…, B®… +…Æ˙ +…<« <®…‰ÀV…M…, b˜ V…]ı±… & V…x…Æ˙±…BC∫…-Æ‰, +±]≈ı… ∫……=xb˜, <« ∫…“ V…“ +… n˘ |…n˘…x… EÚÆ˙x…‰ ®…Â ®……‰i…“ §…ËM…, x…<« n˘±±…“ ®…Â ¥…∑…∫i…Æ˙“™… x…Ën˘… x…EÚ ∫…‰¥……Bƒ ∫l…… …i… EÚÆ˙x…‰ EÚ“ ™……‰V…x……EÚÆ˙i…“ ΩË*

3.3.2 ±……<°ÚE‰Ú™…Æ˙ EÂÚp˘

E∆Ú…x…“ x…‰ E‰ÚÆ˙±… Æ˙…V™… … Æ˙¥……Æ˙ EÚ±™……h… ¥…¶……M… E‰Ú ∫…Ω˛™……‰M… E‰Ú ∫……l… '±……<¢ÚE‰Ú™…Æ˙ EÂÚp˘' E‰Ú §……x…Æ˙ E‰Ú +v…“x… Æ˙…V™… E‰Ú |…l…®… +x…x™…∫…‰∂™…… ±…]ı“ EÂÚp˘ J…÷±…… ΩË˛* ™…Ω˛ ∫…ÃV…EÚ±… +…¥…∂™…EÚi……+…Â +…ËÆ˙ +x™… S… EÚi∫…… =……™……Â E‰Ú ±…B BEÚ ®……j… ∫…®……v……x… ΩË˛* ±……<°ÚE‰Ú™…Æ˙ EÂÚp˘∫…∫i…“ ®…⁄±™… …Æ˙ ∫…ÃV…EÚ±… <∆±……x]¬ı∫…, ∫…ÃV…EÚ±… =…¶……‰V™…, +…¥…∂™…EÚ n˘¥……Bƒ +…ËÆ˙ §…Ω÷˛i… ∫…‰ V…“¥…x…Æ˙I…EÚ n˘¥……Bƒ |…n˘…x… EÚÆ˙ Æ˙Ω… ΩË˛* E∆Ú…x…“n‰˘∂… E‰Ú +…Æ˙-……Æ˙ EÚ…™…«EÚ±………Â §…g¯…x…‰ EÚ“ ™……‰V…x…… EÚÆ˙ Æ˙Ω˛“ ΩË˛*

4. +¥…∫…Æ˙

4.1 ∫…÷ ¥…v…… |…§…∆v…x… ¥™…¥…∫……™…

BS…B±…B±… +¥…v……Æ˙h…… ∫…‰ |……Æ∆˙¶… S…Æ˙h… i…EÚ ∫¥……∫l™… Æ˙I…… §…x……x…‰ ®…Â ¥™………EÚ …Æ˙…®…∂…« ∫…‰¥……Bƒ |…n˘…x… EÚÆ˙ Æ˙Ω˛… ΩË˛* ∫…¶…“ ∫¥……∫l™… Æ˙I……∫…∆§…∆ v…i… +¥…∫…∆Æ˙S…x…… …Ω˛±…÷+…Â EÚ…‰ ¥™………EÚ ∫…®……v……x… |…n˘…x… EÚÆ˙x…‰ ®…Â ¥…∂…‰π…Y…i…… +…ËÆ˙ +x…÷¶…¥… E∆Ú…x…“ EÚ…‰ <∫… I…‰j… ®…Â BEÚ x…‰i…… §…x……i…“ ΩË˛*BS…B±…B±… x…‰ +§… BEÚ EÚn˘®… +…M…‰ §…f¯… +…ËÆ˙ O……Ω˛EÚ…Â E‰Ú +x…÷Æ˙…‰v… E‰Ú +…v……Æ˙ …Æ˙ x…<« ∫…fi V…i… ∫…÷ ¥…v……+…Â EÚ‰ ±…B ∫…÷ ¥…v…… |…§…∆v…x… ∫…‰¥……Bƒ |…n˘…x…EÚ“ V……˙ Æ˙Ω˛“ ΩË˛*

+§… E∆Ú…x…“ EÚ“ ∫…÷ ¥…v…… |…§…∆v…x… ∫…‰¥……Bƒ V…®…‰Æ˙-…÷i…÷SS…‰Æ˙“, i…Ø˚¥…x…∆i……÷Æ˙®… ®…‰ b˜EÚ±… EÚ…Ï±…‰V…, x…®Ω˛…x∫…-§…ÈM…±…⁄Æ˙, ¥…C]ı…‰ Æ˙™…… +∫…i……±…-§…ÈM…±…⁄Æ˙ +…ËÆ˙ +x…÷∫…∆v……x… ∫…∆∫l……Bƒ V…Ë∫…‰ EÂÚp˘“™… ]¬ı™…⁄§…Æ˙ GÚ…Ï∫… +x…÷∫…∆v……x… ∫…∆∫l……x…- i…Ø˚¥…x…∆i……÷Æ˙®… ®…Â |…n˘…x… EÚ“ V……i…“ ΩÈ* ∫¥……∫l™… B¥…∆ … Æ˙¥……Æ˙EÚ±™……h… ®…∆j……±…™… x…‰ ¶…“ ±…‰b˜“ Ω˛…Õb˜M… ®…‰ b˜EÚ±… EÚ…Ï±…‰V…, x…<« n˘±±…“ +…ËÆ˙ B +…<« +…<« B®… B∫… , V……‰v……÷Æ, Æ˙…V…∫l……x… ®…Â ∫…÷ ¥…v…… |…§…∆v…x…∫…‰¥……Bƒ |…n˘…x… EÚÆ˙x…‰ E‰Ú ±…B E∆Ú…x…“ EÚ…‰ x…™…÷HÚ EÚ™……˙ ΩË˛*

5. V……‰ J…®… +…ËÆ˙ = r˘˘Mx…i……

E∆Ú…x…“ E‰Ú =t®… V……‰ J…®… |…§…∆v…x… ∞¸…Æ‰J…… E‰Ú +…v……Æ˙ …Æ˙, E∆Ú…x…“ x…‰ …Ω˛±…‰ …Ω˛S……x… EÚB E÷Ú±… 41 ®…Ω˛i¥……⁄h…« V……‰ J…®……Â ®…Â ∫…‰ ∂…®…x… ®………+…‰ I…i… 15 |…®…÷J… V……‰ J…®……Â EÚ…‰ S…™… x…i… EÚ™…… ΩË˛*

6. +x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫…

E∆Ú…x…“ E‰Ú EÚ…Ï……ÊÆ‰˙]ı +x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫… E‰Úxp˘ EÚ…™……«±…™…“x… +…ËÆ˙ ¥… ¥…v… Æ˙…π]≈ı“™… ∫…∆∫l……Bƒ, ™……x…“ +…<« +…<« ]ı“ EÚ…x……⁄Æ˙, +…<« +…<«]ı“ ®…÷∆§…<«, +…<« +…<« ]ı“ S…‰z…Ë, ∏…“ S…j… i…Ø˚x……±… <∆Œ∫]ı]¬ı™…⁄] °Ú…ÏÆ˙Ú ®…‰ b˜EÚ±… ∫……<x∫… +…hb˜ i…EÚx……Ï±…V…“, i…Ø˚¥…x…∆i……÷Æ˙®…, I…‰j…“™… EÈÚ∫…Æ˙ EÂÚp˘, i…Ø˚¥…x…∆i……÷Æ˙®… E‰Ú ∫…Ω˛™……‰M… E‰Ú ∫……l… +x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫… … Æ˙™……‰V…x……Bƒ EÚ…™……«Œx¥…i… EÚÆ˙ Æ˙Ω˛… ΩË˛*


The prestigious projects won by IDD during the year include :

• Construction works at Punjab Technical University, Jalandhar, amounting to ` 118 Crore.

• Construction of Silver Jubilee block at National Institute of Interdisciplinary Science and Technology

(NIIST) Thiruvananthapuram amounting to ` 21 Crore.

3.3 Diagnostic Services Division :

3.3.1 Hindlabs :

The Hindlabs MRI Scan centre run by your company at three Medical College hospitals in Kerala are at par

with any private centres and offers high quality MRI facility at affordable rates. HLL also offers free MRI Scan

service to ten percent of the in-patients at these centers in the BPL category.

The Company plans to establish a world class Diagnostic Services facility at Mothi bag, New Delhi providing

full-fledged diagnostic services viz. diagnostic laboratory, CT scan, MRI Imaging, Digital & General X-Ray,

Ultra Sound, ECG etc.

3.3.2 Lifecare Centre :

The company, in collaboration with Kerala State Family Welfare Department, opened the State's first exclusive

speciality centre under the banner "Lifecare Centre". This is a one-stop solution for surgical needs and

other medical devices. Lifecare Centre has been offering surgical implants, surgical consumables, essential

medicines and many lifesaving drugs at affordable prices. The Company is planning to scale up the activities

across the country.

4. OPPORTUNITIES :

4.1 Facilities Management business :

HLL is providing comprehensive consultancy services in building health care infrastructure from concept to

commissioning stage. The expertise and experience in providing comprehensive solution to all healthcare

related infrastructure initiatives makes the company a leader in this field. HLL has now gone one step further

and is providing facility management services to the newly created facilities based on client's request.

At present the Company's facility management services are offered at JIPMER-Puducherry, Trivandrum

Medical College, NIMHANS-Bangalore, Victoria Hospital-Bangalore and Research Institutions like Central

Tuber Crops Research Institute-Trivandrum. MoHFW has also engaged the company to provide facility

management services at Lady Harding Medical College at New Delhi and AIIMS Jodhpur in Rajasthan.

5. RISKS AND CONCERNS :

Based on the Company's Enterprise Risk Management framework, the company has selected 15 major

risks requiring mitigation measures from a total of 41 significant risks identified earlier.

6. RESEARCH & DEVELOPMENT :

The company's Corporate Research and Development Centre is implementing R&D projects, both in-house

and in collaboration with different national institutions namely, IIT Kanpur, IIT Mumbai, IIT Chennai, Sree

Chitra Thirunal Institute for Medical Science & Technology, Thiruvananthapuram and Regional Cancer Centre,

Thiruvananthapuram.

88 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

¥…π…« E‰Ú n˘…ËÆ˙…x…, +x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫… EÂÚp˘ EÚ…‰ °Ú…∫]ı ]≈ı…EÚ ™……‰V…x…… E‰Ú +v…“x… '§…™……‰|……‰∫…‰œC]ıM… °Ú…ÏÆ˙ +…Ïx]ı“ ®…ËGÚ…‰§…ËC]ı“ Æ˙™…±…|……EfiÚ i…EÚ =i……nÂ˘' … Æ˙™……‰V…x…… E‰Ú ±…B ∫……<x∫… +…hb˜ i…EÚx……Ï±…V…“ ¥…¶……M… ∫…‰ 19.75 ±……J… EÚ… x… v…EÚÆ˙h… |……i… Ω÷˛+… ΩË˛*

'B ®…±…“', BEÚ <x]≈ı… ™…⁄]ı Æ˙x… ∫…∫]ı®… E‰Ú ∫…÷Æ˙I…… +…ËÆ˙ |…¶……¥…EÚ… Æ˙i…… E‰Ú ®…⁄±™……∆EÚx… EÚÆ˙x…‰ E‰Ú ±…B BEÚ …™…«¥…‰I…h…“™… +v™…™…x… ¶……Æ˙i… ®…Â……ƒS… EÂÚp˘…Â …Æ˙ |…M… i… …Æ˙ ΩË˛* ±…⁄EÚ…‰∫……<]ı b˜Œ±…∂…x… °Ú±]‰ı∫…« E‰Ú ¥…EÚ…∫… E‰Ú ±…B +…<« +…<« ]ı“ EÚ…x……⁄Æ˙ E‰Ú ∫……l… ∫…Ω˛™……‰M…“ … Æ˙™……‰V…x…… ¥…EÚ…∫… E‰Ú +∆ i…®… S…Æ˙h… ®…Â ΩË˛*

+…CE÷Ú±…®…, i…Ø˚¥…x…∆i……÷Æ˙®… E‰Ú x…B ∫…®…÷z…i… +x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫… +¥…∫…∆Æ˙S…x…… …⁄Æ˙… Ω˛…‰x…‰ E‰Ú +∆ i…®… S…Æ˙h… ®…Â ΩË˛* EÂÚp˘ EÚ…‰ |…S……±…x…E‰Ú i…“x… ¥…π…™…∫i…Æ˙“™… +l……«i…¬ °Ú…®……«, ®…‰ b˜EÚ±… =……™… +…ËÆ˙ x…Ën˘… x…EÚ |…¶……M… ΩÈ˛* <x… EÚ…™…«I…‰j……Â EÚ“ S……±…⁄ … Æ˙™……‰V…x……Bƒ x…“S…‰ ∫…⁄ S…§…r˘ ΩÈ˛ :

• °Ú…®……« |…¶……M…

1. ∫…… …xb˜∫∫…………‰ x…x… E‰Ú x……Ï¥…±… °Ú…®…«∫™…⁄ ]ıEÚ±… ∫…⁄j…“EÚÆ˙h…*

2. =πh…EÚ ]ı§…∆v…“ +x…÷|…™……‰M……‰∆ E‰Ú ±…B Ω˛§…«±… ∫j……Âi……Â ∫…‰ +…x]ı“°∆ÚM…±… ∫…⁄j…“EÚÆ˙h…*

3. +…Ïx]ı“ ®…ËGÚ…‰§…ËC]ı“ Æ˙™…±… |……EfiÚ i…EÚ =i……n…‰∆ EÚ… §…™……‰|……‰∫…‰œC]ıM…*

4. ®……<GÚ…‰§……<∫……<b¬˜∫… …Æ˙ J……‰V……Æ˙EÚ +v™…™…x…*

• S… EÚi∫…… =……™… |…¶……M…

1. |……EfiÚ i…EÚ Æ˙§…c˜ ±…Ë]‰ıC∫… ®… Ω˛±…… E∆Úb˜…‰®…*

2. Æ‰˙ b˜™…‰∂…x… S… EÚi∫…… E‰Ú ±…B ∫…‰Ã¥…EÚ±… ∫…‰∫…‰∫…«*

3. |……‰]ı“x… -®…÷HÚ |……EfiÚ i…EÚ ±…Ë]‰ıC∫… E∆Úb˜…‰®…*

4. +…x]ı“ §…ËC]ı“ Æ˙™…±… ∫…ÃV…EÚ±… ∫™…⁄S…‰∫…«*

5. EÚ…‰]ıb˜ EÚ…Ï…Æ˙ ]ı“-+…<« ™…÷ b˜“*

6. ±…⁄EÚ…‰∫……<]ı b˜±…“∂…x… E‰Ú ±…B GÚ™……‰V…‰±… °Ú±]‰ı∫…«*

7. §±…b˜ §…ËM……Â ®…Â …“ ¥…“ ∫…“ E‰Ú ±…B +x…÷EÚ±…*

• x…Ën˘… x…EÚ |…¶……M…

1. S…EÚx…M…÷ x…™…… +…ËÆ˙ bÂ˜M…⁄ °Ú¥…Æ˙ E‰Ú ±…B b⁄˜±…‰C∫… …“ ∫…“ +…Æ˙ +…v…… Æ˙i… x…Ën˘… x…EÚ EÚ] EÚ… ¥…EÚ…∫…*

2. ™…⁄ Æ˙x… +…v…… Æ˙i… °ÚÃ]ı ±…]ı“ ®…⁄±™……∆EÚx… EÚ]ı EÚ… ¥…EÚ…∫…*

6.1 2011-12 E‰Ú n˘…ËÆ˙…x… +x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫… …Æ˙ ¥™…™…

…⁄ƒV…“ ¥™…™… - ` 849.38 ±……J…

+…¥…i…‘ ¥™…™… - ` 153.42 ±……J…

7. +…∆i… Æ˙EÚ x…™…∆j…h…

E∆Ú…x…“ EÚ…‰ BEÚ ∫…∂…HÚ +…∆i… Æ˙EÚ x…™…∆j…h… |…h……±…“ ΩË˛, V……‰ ¥…∑…∫…x…“™… ¥…k…“™… Æ˙……‰Õ]ıM…, |…¶……¥…“ B¥…∆ EÚ…™…«I…®… |…S……±…x… +…ËÆ˙ ±……M…⁄ x…™…®… ¥… ¥… x…™…®……Â E‰Ú ∫……l… +x…÷……±…x… +…ËÆ˙ +|…… v…EfiÚi… =…™……‰M… E‰Ú J…±……°Ú … Æ˙∫…∆… k… EÚ“ ∫…÷Æ˙I…… ∫…÷ x…Œ∂S…i… EÚÆ˙x…‰ E‰Ú ±…B … Æ˙EÚŒ±…i… EÚ“ M…<« ΩË*E∆Ú…x…“ E‰Ú EÚ…Ï……ÊÆ‰˙]ı ±…‰J………Æ˙“I…… ∫…‰¥…… (∫…“ B B∫…) ¥…¶……M… +…∆i… Æ˙EÚ x…™…∆j…h… ®…‰EÚ… x…∫…®… E‰Ú |…¶……¥… EÚ…‰ ∫…÷ x…Œ∂S…i… EÚÆ˙i…… ΩË˛*


During the year, the R&D Centre received funding of ` 19.75 lakh from Department of Science & Technology

(DST) for the project 'Bioprospecting for antimycobacterial natural products' under the Fast Track Scheme.

An observational study to assess the safety and efficacy of 'Emily' an Intra Uterine System is under progress

across five centres in India. A collaborative project with IIT Kanpur for the development of Leucocytes Depletion

Filters is in the final stages of development.

The new state-of-the-art R&D Infrastructure at Akkulam, Thiruvananthapuram is in the final stages of

completion. The centre will have three verticals of operations namely Pharma, Medical devices and Diagnostics

divisions. These verticals with their ongoing projects are listed below :

• Pharma Division

1. Novel Pharmaceutical formulations of sapindussaponin.

2. Antifungal formulations from herbal sources for tropical applications.

3. Bioprospecting of anti-mycobacterial natural products.

4. Exploratory studies on microbicides.

• Medical Devices Division

1. Natural Rubber Latex female condom.

2. Cervical spacers for radiation treatment.

3. Protein-free natural latex condoms.

4. Antibacterial surgical sutures.

5. Coated Copper T-IUD.

6. Cryogel filters for leukocyte depletion.

7. Substitute for PVC in blood bags.

• Diagnostic Division

1. Development of duplex PCR based diagnostic kit for Chikungunya and Dengue fever.

2. Development of urine based fertility assessment kit.

6.1 Expenditure on R & D during 2011-12

Capital expenditure - ` 849.38 lakh

Recurring expenditure - ` 153.42 lakh

7. INTERNAL CONTROLS :

The Company has a sound internal control system, designed to ensure reliable financial reporting, effective

and efficient operations, and compliance with applicable laws and regulations and safeguarding assets

against unauthorised use. The Corporate Audit Services (CAS) department of the company ensures the

effectiveness of internal control mechanism.

90 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

∫¥…i…∆j… °Ú®……Á E‰Ú ∫…x…n˘“ ±…‰J……EÚ…Æ˙ u˘…Æ˙… EÚ…™……«Œx¥…i… +…∆i… Æ˙EÚ ±…‰J………Æ˙“I…… +…ËÆ EÚ…Ï……ÊÆ‰]ıı ±…‰J………Æ˙“I…… ∫…‰¥…… ¥…¶……M… E‰Ú +…¥… v…EÚ ∫…®…“I……u˘…Æ˙… +…∆i… Æ˙EÚ x…™…∆j…h… |…h……±…“ +…M…‰ …⁄Æ˙“ EÚ“ V……i…“ ΩË* EÚ…Ï……ÊÆ‰]ı ±…‰J………Æ˙“I…… ∫…‰¥…… ±…‰J………Æ˙“I…… E‰Ú EÚ…™…«I…‰j… EÚ…‰ … Æ˙¶…… π…i… EÚÆ˙i…“ ΩË +…ËÆ˙§……Ω˛ Æ˙EÚ ±…‰J………Æ˙“I…… °Ú®……Á EÚ…‰ ®……M…«n˘∂…«x… |…n˘…x… EÚÆ˙i…“ ΩË +…ËÆ˙ §……Ω˛ Æ˙EÚ ±…‰J………Æ˙“I…… °Ú®……Á u˘…Æ˙… EÚ…™……«Œx¥…i… ±…‰J………Æ˙“I…… EÚ… …™…«¥…‰I…h… EÚÆ˙i…“ΩË* ¥…¶……M… ¥……Ãπ…EÚ ™……‰V…x…… +…ËÆ˙ ¥… ∂…π]ı +…§…∆]ıx… E‰Ú +…v……Æ˙ …Æ˙ |…S……±…x……i®…EÚ /˙ ¥…∂…‰π… +…∆i… Æ˙EÚ ±…‰J………Æ˙“I…… ∫…®…x…÷n‰∂…x……Â EÚ…‰ ¶…“ ±…‰i…… ΩË*<∫… EÂÚ p˘i… o˘Œπ]ıEÚ…‰h… E‰Ú W… Æ˙B +…∆i… Æ˙EÚ x…™…∆j…h……Â ®…Â +x…÷……±…x… B¥…∆ V…“ ¥…EÚ… …Æ˙ +…¥…∂™…EÚ +…∑……∫…x… |…n˘…x… EÚÆ˙x…‰ ®…Â … Æ˙h…i… Ω÷˛+… ΩË˛*E∆Ú…x…“ x…‰ ¥™………EÚ §…V…]ı (+…ËÆ˙ +x™… x…™…∆j…h…) ∫…®…“I…… ®…‰EÚ… x…∫…®… EÚ…‰ ¶…“ ∫l……x… n˘™…… ΩË˛ V…∫…E‰Ú u˘…Æ˙… |…§…∆v… x…™… ®…i… ∞¸… ∫…‰ §…V…]ı +…ËÆ˙…⁄¥……«x…÷®……x… E‰Ú ∫…∆n˘¶…« ®…Â ¥……∫i… ¥…EÚ x…π……n˘x… EÚ“ ∫…®…“I…… EÚÆ˙i…… ΩË˛*

§……‰b«˜ E‰Ú ±…‰J………Æ˙“I…… ∫… ®… i… x…‰ +…∆i… Æ˙EÚ ±…‰J………Æ˙“I…EÚ…Â +…ËÆ˙ ∫……∆ ¥… v…EÚ ±…‰J………Æ˙“I…EÚ…Â, n˘…‰x……Â u˘…Æ˙… =`ˆ…B ®……®…±……Â EÚ…‰ =n¬˘§……‰ v…i…EÚÆ˙i…“ ΩË*

8. +∆∂…v…… Æ˙™……‰∆ E‰Ú ¥…Ãr˘i… ®…⁄±™…

+…x…‰ =i……n˘ M…÷h…¥…k……, •……∆b˜, ¥…i…Æ˙h… x…‰]ı¥…E«Ú +…ËÆ˙ §……W……Æ˙ ∫…∆§…∆v……Â E‰Ú W… Æ˙B ¥…fi r˘ +…ËÆ˙ ¥…Ãr˘i… ±……¶…|…n˘i…… E‰Ú |… i… |… i…§…r˘i…… E‰Ú ∫……l…BS…B±…B±… x…‰ <∫…EÚ“ |… i…™……‰M…“ §……W……Æ…‰∆ EÚ…‰ ∫…°Ú±…i…… …⁄¥…«EÚ ∂……‰π…h… EÚÆ˙x…‰ EÚ“ I…®…i…… ∫…… §…i… EÚ“ ΩË* ™…Ω˛, E∆Ú…x…“ E‰Ú ∂…‰™…Æ˙…Â E‰Ú ±…M……i……Æ˙ ¥…Ãv…i…§…Ω˛“ - ®…⁄±™… E‰Ú ∫……l… V……‰b˜ n˘™…… ΩË˛ V……‰ +∆∂…v…… Æ˙™……Â EÚ“ ∫…∆… k… EÚ“ ¥…fi r˘ E‰Ú ±…B ∫…Ω˛…™…EÚ ΩË˛*

EÚ∆…x…“ x…“ i…∂……∫j… E‰Ú =SS… ®……x…n˘hb˜ +…ËÆ˙ ∫…÷∫…π]ı ¥…k…“™… |…§…∆v…x… E‰Ú ±…B |… i…§…r˘ Æ˙Ω˛i…“ ΩË˛* +…x…‰¥……±…‰ n˘x……Â ®…Â ∫…i…i… ¥™…¥…∫……™… x…¥…‰∂… ∂…‰™…Æ˙ v……Æ˙EÚ EÚ… ®…⁄±™… §…f¯…™…‰M……*


The internal control systems are further supplemented by internal audit carried out by independent firms of

Chartered Accountants and periodical review by the Corporate Audit Services department. Corporate Audit

Services defines the scope of audit and provide guidelines to external audit firms and supervises the audit

assignments carried out by external audit firms. The department also undertakes operational / special

internal audit assignments based on annual plans and specific assignments. The benefits through this

focussed approach resulted in providing the needed assurance on compliance and sustenance in internal

controls. The company has also put in place an extensive budgetary (and other control) review mechanism

whereby the management regularly reviews actual performance with reference to the budgets and forecasts.

The Audit Committee of the Board addresses issues raised by both the Internal Auditors and the Statutory

Auditors.

8. ENHANCED VALUE TO THE SHAREHOLDERS

With its commitment to growth and enhanced profitablity through its product quality, brands, distribution

network and market relationships, HLL has proven ability to successfully exploit the markets it competes in.

This, coupled with consistently increasing book value for the company's share, has led to accretion of

shareholders wealth.

The company remains committed to the highest standards of ethics and transparent financial management.

Continuing business investments will enhance shareholder value in the days to come.

92 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

+x…∆nx…˘ Bhb˜ ∫…÷∆n˘Æ˙®…∫…x…n˘“ ±…‰J……EÚ…Æ˙

∂…¥…EÚ…i…‘, 123, ∂…∆EÚÆ˙ x…M…Æ˙, x…“Æ˙®…h…EÚÆ˙…, EËÚ®…x…®…(…“.+…‰) i…Ø˚¥…x…∆i……÷Æ˙®…

n⁄Æ˙¶……π… : 0471 - 2491601, 2491602<« ®…Ë±… : [email protected]

∫l……x…& S…‰z…Ë n˘x……∆EÚ& 12.09.2012

BS…B±…B±… ±……<«°ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜ E‰Ú ∫…n˘∫™……Â EÚ…‰ ±…‰J…… …Æ˙“I…EÚ…Â EÚ“ Æ˙……‰]«ı

EÚ. Ω˛®…x…‰ ®…Ë∫…∫…« BS…B±…B±… ±……<«¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜ ( …⁄¥…« ÀΩ˛n÷˘∫i……x… ±…Ë]‰ıC∫… ±… ®…]‰ıb)˜ E‰Ú 31 ®……S…«, 2012 i…EÚ E‰Ú ∫…∆±…Mx… i…÷±…x… …j…+…ËÆ˙ =∫…E‰Ú ∫……l… +x…÷§…r˘ =∫…“ i……Æ˙“J… EÚ…‰ ∫…®……i… ¥…π…« E‰Ú ±……¶…-Ω˛… x… ±…‰J…… +…ËÆ˙ x…EÚn˘“ |…¥……Ω˛ ¥…¥…Æ˙h… EÚ“ ±…‰J………Æ˙“I…… EÚ“ ΩË˛* ™…‰ ¥…k…“™… ¥…¥…Æ˙h… E∆Ú…x…“ E‰Ú |…§…xv… EÚ“ V…®®…‰n˘…Æ˙“ ΩË˛∆ * Ω˛®……Æ˙“ ±…‰J………Æ˙“I…… E‰Ú +…v……Æ˙ …Æ˙ <x… ¥…k…“™… ¥…¥…Æ˙h……Â …Æ˙ Æ˙…™… |…EÚ]ı EÚÆ˙x……Ω˛®……Æ˙“ V…®®…‰n˘…Æ˙“ ΩË˛ *

J…. Ω˛®…x…‰ +…x…“ ±…‰J………Æ˙“I…… ¶……Æ˙i… ®…Â ∫……®……x™… ∞¸… ∫…‰ ∫¥…“EfiÚi… ±…‰J………Æ˙“I…… ®……x…EÚ E‰Ú +x…÷∫……Æ˙ S…±……™…“ * ¥…‰ ®……x…EÚ +…‰I…… EÚÆ˙i…‰ ΩÈ˛ EÚ ¥…k…“™… ¥…¥…Æ˙h… ¶……Ë i…EÚ +™…l……l…« ¥…¥…Æ˙h… ∫…‰ ®…÷HÚ Ω˛…‰x…‰ E‰Ú §……Æ‰˙ ®…Â ™…÷ HÚ™…÷HÚ +…∑……∫…x… |……i… EÚÆ˙x…‰ E‰Ú ±…B Ω˛®… ±…‰J………Æ˙“I…… EÚ“™……‰V…x…… §…x……EÚÆ˙ x…π……n˘x… EÚÆ˙i…‰ ΩÈ˛ * ±…‰J………Æ˙“I…… ®…Â V……ƒS… E‰Ú +…v……Æ˙ …Æ˙ x…Æ˙“I…h…, ¥…k…“™… ¥…¥…Æ˙h… ®…Â Æ˙EÚ®… i…l…… |…EÚ]ı“EÚÆ˙h…E‰Ú ±…B ∫…®…l…«EÚ |…®……h… ∂…… ®…±… ΩË˛ * ±…‰J………Æ˙“I…… ®…Â <∫i…‰®……±… EÚB M…B ±…‰J…… i…i¥… EÚ… ®…⁄±™……∆EÚx… i…l…… |…§…xv… u˘…Æ˙… §…x……™…‰ M…B®…Ω˛i¥……⁄h…« |……CEÚ±…x… E‰Ú + i… Æ˙HÚ E÷Ú±… ¥…k…“™… ¥…¥…Æ˙h… E‰Ú |…∫i…÷i…“EÚÆ˙h… EÚ… ®…⁄±™……∆EÚx… ¶…“ ∂…… ®…±… ΩË˛ * Ω˛®…Â ¥…∑……∫… ΩË˛ EÚ Ω˛®……Æ˙“±…‰J………Æ˙“I…… +…x…“ Æ˙…™… E‰Ú ±…B ™…÷ HÚ™…÷HÚ +…v……Æ˙ |…n˘…x… EÚÆ˙i…‰ ΩÈ˛ *

M…. E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ v……Æ˙… 227 (4B) E‰Ú ∂…i……Á E‰Ú ®…÷i…… §…EÚ ¶……Æ˙i… E‰Ú E‰Úxp˘ ∫…Æ˙EÚ…Æ˙ u˘…Æ˙… V……Æ˙“ EÚB E∆Ú…x…“ (±…‰J………Æ˙“I…EÚ…ÂEÚ“ Æ˙……‰]«ı) +…n‰∂…, 2003 i…l…… E∆Ú…x…“ (±…‰J………Æ˙“I…EÚ…Â EÚ“ Æ˙……‰]«ı) (∫…∆∂……‰v…x…) +…n‰∂…, 2004 E‰Ú u˘…Æ˙… +…‰ I…i… i…l…… = S…i… ∫…®…Z…EÚÆ˙ EÚ“ M…<« V……ƒS……Â E‰Ú +…v……Æ˙ …Æ˙ i…l…… Ω˛®…Â n˘B M…B ∫…⁄S…x…… +…ËÆ˙ ∫…π]ı“EÚÆ˙h… E‰Ú +x…÷∫……Æ˙ Ω˛®… =HÚ +…n‰˘∂… E‰Ú …ËÆ˙… 4 +…ËÆ˙ 5 ®…Â ¥… x…Ãn˘π]ı ®……®…±……Â …Æ˙ x…®x……x…÷∫……Æ˙ Æ˙……‰]«ı EÚÆ˙i…‰ ΩÈ˛ *

P…. Ω˛®… Æ˙……‰]«ı EÚÆ˙i…‰ ΩÈ :

1.(EÚ) V…Ω˛…ƒ i…EÚ Ω˛®…Â …i…… ΩË˛ +…ËÆ˙ Ω˛®……Æ˙… ¥…∑……∫… ΩË˛, Ω˛®……Æ˙“ ±…‰J………Æ˙“I…… E‰Ú =q‰˘∂™… E‰Ú ±…B +…¥…∂™…EÚ ∫…¶…“ ∫…⁄S…x……Bƒ B¥…∆∫…π]ı“EÚÆ˙h… Ω˛®…Â |……i… Ω÷˛B ΩÈ˛ *

J…) Ω˛®……Æ˙“ ∫…®®… i… ®…Â i…l…… V…Ω˛…ƒ i…EÚ Ω˛®……Æ˙“ V……ƒS… ∫…‰ |…EÚ]ı Ω˛…‰i…… ΩË, EÚ…x…⁄x…x… +…‰ I…i… ∫…¶…“ ∫…∆M…i… §…Ω˛“-J……i…‰ E∆Ú…x…“ u˘…Æ˙… Æ˙J…‰ M…BΩÈ *

(M…) <∫… Æ˙……‰]«ı u˘…Æ˙… |… i……… n˘i… i…÷±…x… …j… +…ËÆ˙ ±……¶…-Ω˛… x… ±…‰J…… +…ËÆ˙ x…EÚn˘“ |…¥……Ω˛ ¥…¥…Æ˙h… E∆Ú…x…“ E‰Ú §…Ω˛“ J……i…‰ E‰Ú +x…÷E⁄Ú±… ΩË*Ω˛®……Æ˙“ Æ˙…™… ®…Â, <∫… Æ˙……‰]«ı u˘…Æ˙… |… i……… n˘i… i…÷±…x… …j…, ±……¶…-Ω˛… x… ±…‰J…… +…ËÆ˙ x…EÚn˘“ |…¥……Ω˛ ¥…¥…Æ˙h…, E∆Ú…x…“ + v… x…™…®…,1956 EÚ“ v……Æ˙… 211 EÚ“ =…v……Æ˙… (3 ∫…“) ®…Â x…Ãn˘π]ı ±…‰J…… ®……x…EÚ E‰Ú ∫……l… +x…÷……±…x… EÚÆ˙i…‰ ΩË∆*

(P…Û) Ω˛®……Æ˙“ V……x…EÚ…Æ˙“ E‰Ú +x…÷∫……Æ˙ ™…Ω˛ ∫…Æ˙EÚ…Æ˙“ E∆Ú…x…“ Ω˛…‰x…‰ ∫…‰ E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ v……Æ˙… 274 EÚ“ =…v……Æ˙… (1) E‰Ú J…∆b˜(UÙ) E∆Ú…x…“ …Æ˙ ±……M…⁄ x…Ω˛” ΩË˛*

2. Ω˛®……Æ˙“‰˙ ±…‰J…… …Æ˙“I…… …⁄Æ˙… Ω˛…‰x…‰ +…ËÆ˙ 14.08.2012 EÚ…‰ ±…‰J…… …Æ˙“I…… Æ˙……‰]«ı Ω˛∫i……I…Æ˙ EÚÆ˙x…‰ E‰Ú §……n˘ ®…Â x…™…∆j…EÚ B¥…∆ ®…Ω˛…±…‰J…… …Æ˙“I…EÚ E‰Ú ±…‰J…… …Æ˙“I…… ]ı“®… x…‰ Ø˚. 231.54 ±……J… i…EÚ EÚ“ |……∫…∆ M…EÚ n‰™…i…… EÚ“ ¥…∫…∆M…i…“ n˘J……™…“ ΩË*


ANANTHAN & SUNDARAMChartered Accountants

Sivakarthi, 123, Sankar NagarNeeramankara, Kaimanam (P.O), Thiruvananthapuram

Phone : 0471-2491601, 2491602E-mail : ananthan_sundaram@hotmail com

Place : ChennaiDate : 12.09.2012

AUDITORS’ REPORT TO THE MEMBERS OF HLL LIFECARE LTD.

A. We have audited the attached Balance Sheet of HLL LIFE CARE LTD. (Formerly Hindustan Latex Ltd.) asat 31st March 2012, the Profit and Loss Account and the Cash Flow Statement for the year ended on thatdate annexed thereto. These financial statements are the responsibility of the Company’s Management.Our responsibility is to express an opinion on these financial statements based on our audit.

B. We conducted our audit in accordance with auditing standards generally accepted in India. Thosestandards require that we plan and perfom the audit, obtain reasonable assurance about whether thefinancial statements are free of material misstatement. An audit includes examining, on a test basis,evidence supporting the amounts and disclosures in the financial statements. An audit also includesassessing the accounting principles used and significant estimates made by management, as wellas evaluating the overall financial statement presentation. We believe that our audit provides areasonable basis for our opinion.

C. As required by the Companies (Auditor’s Report) Order, 2003 and the Companies (Auditors Report)(Amendment) Order, 2004 issued by the Central Government of India in terms of Section 227 (4A) of theCompanies Act, 1956, and on the basis of such checks as we considered appropriate and accordingto the information and explanations given to us, we annex herewith our report on the matters specifiedin paragraphs 4 and 5 of the said Order.

D. We report that:

1a. We have obtained all the information and explanations which to the best of our knowledge andbelief were necessary for the purpose of audit.

b. In our opinion proper books of accounts as required by the law have been kept by the Company sofar as it appears from our examination of those books;

c. The Balance Sheet, Profit and Loss Account and Cash flow statement dealt with by this Report arein agreement with the books of account;

In our opinion, the Balance Sheet, Profit and Loss Account and Cash Flow Statement dealt with bythis report comply with the accounting standards, referred to in sub-section (3C) of the section 211of the Companies Act, 1956.

d. According to our information, clause (g) of sub-section (I) of section 274 of the Companies Act,1956, is not applicable to the company, since it is a Government Company.

2. Subsequent to the completion of our audit and signing of the audit report on 14.08.12, C&AGaudit team have pointed out, discrepancy of contingent liability to the extent of 231.54 Lacs.We concur with the same.

94 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

Ω˛®……Æ˙“ Æ˙…™… ®…Â i…l…… Ω˛®……Æ˙“ =k…®… V……x…EÚ…Æ˙“ B¥…∆ Ω˛®…Â n˘B M…B ∫…π]ı“EÚÆ˙h… E‰Ú +x…÷∫……Æ˙, x…®x……∆ EÚi… E‰Ú +v…“x…

1. ∫…¶…“ ®……®…±……Â ®…Â n‰x…n˘…Æ˙ +…ËÆ˙ ±…‰x…n˘…Æ˙…Â ∫…‰ ∂…‰π… …÷π]ı“EÚÆ˙h… |……i… x…Ω˛” EÚ™…‰ M…™…‰ ΩË∆* …I…EÚ…Æ˙…Â u˘…Æ˙… ∂…‰π… + O…®… §…EÚ…™……, |……i…+ O…®…, |… i…¶…⁄ i… V…®…… +…ËÆ˙ §…™……x…… Æ˙… ∂… W…®…… …÷Œπ]ı E‰Ú +v…“x… ΩË˛*

2. E∆Ú…x…“ u˘…Æ˙… x™……∫… E‰Ú +v…“x… Æ˙J…‰ x…EÚn˘ B¥…∆ §…ÈEÚ ∂…‰π… +…ËÆ˙ ∫…∆§…∆ v…i… n‰™…i……BƒÂ ¶……Æ˙i… E‰Ú ∫…x…n˘“ ±…‰J……EÚ…Æ˙ ∫…∆∫l……x… E‰Ú ¥…∂…‰π…Y…∫…±……ΩEÚ˛…Æ˙ ∫… ®… i… EÚ“ Æ˙…™… E‰Ú +x…÷∫……Æ˙ i…÷±…x…-…j… ®…Â ¥……Æ˙“i… ®…n˘…Â E‰Ú ∞¸… ®…Â |…EÚ]ı EÚ™…‰ V……i…‰ Ω∆Ë˛*˘

3. (EÚ) +S…±… … Æ˙∫…∆… k…™……Â ∫…‰ … Æ˙¥…v…«x…/+…®……V…«x… E‰Ú ±…B ®…⁄±™…ø…∫… S……V…« EÚÆ˙x…‰ EÚ“ Æ˙“ i… ®…… ∫…EÚ ™…l……x…÷……i… +…v……Æ˙ ∫…‰ nË x…EÚ™…l……x…÷……i… +…v……Æ˙ ®…Â §…n˘±… n˘™…… ΩË˛* =∫…EÚ…‰ n‰˘J…i…‰ Ω÷˛B ¥…π…« E‰Ú ±…B ®…⁄±™…ø…∫… EÚ®… ∫…‰ EÚ®… 24.51 ±……J… i…EÚ +…ËÆ˙ EÚÆ˙E‰Ú …⁄¥…« ±……¶… ` 24.51 ±……J… i…EÚ §…f¯ M…™…… ΩË˛*

(J…) B∫… B …“ (<«+…Æ˙…“ <«∫…“∫…“ 6.0) ∫……‰]ıı¥…‰™…Æ˙ …Ω˛±…‰ E‰Ú ™…l……x…÷……i… +…v……Æ˙ …Æ˙ 3 ∫……±… EÚ“ +¥… v… ®…Â E∆Ú™…⁄]ıÆ˙ ∫……‰]ı¥…‰™…Æ˙E‰Ú … Æ˙∂……‰v…x… EÚÆ˙x…‰ EÚ“ x…“ i… EÚ“ +…‰Æ˙ nË˘ x…EÚ ™…l……x…÷……i… +…v……Æ˙ …Æ˙ 8 ∫……±… EÚ“ +¥… v… …Æ˙ … Æ˙∂……‰v…x… EÚÆ˙x…‰ E‰Ú ±…B ¥…S……Æ˙ EÚ™…… M…™……* ¥…π…« E‰Ú ±…B <∫… EÚ…‰ n‰J…i…‰ Ω÷B <∫… ¥…π…« E‰Ú ®…⁄±™…ø…∫… 103.83 ±……J… i…EÚ EÚ®… Ω÷+… ΩË +…ËÆ˙ EÚÆ˙ E‰Ú …⁄¥…« ±……¶…` 103.83 ±……J… i…EÚ §…f¯ M…™…… ΩË˛*

=…™…÷«HÚ E‰Ú +x…÷∫……Æ˙;

=HÚ J……i…… =∫… …Æ˙ ]… h…™……‰∆ E‰Ú ∫……l… …g‰¯M…… V……‰ E∆Ú…x…“ + v… x…™…®… 1956 E‰Ú u˘…Æ˙… +…‰ I…i… V……x…EÚ… Æ˙™……ƒ ¥……ƒ UÙi… i…Æ˙“E‰Ú ®…Â i…l…… ¶……Æ˙i…®…Â ∫……®……x™…i…™…… ∫¥…“EfiÚi… ±…‰J…… ∫…r˘…∆i… E‰Ú +x…÷∞¸… `ˆ“EÚ B¥…∆ ∫……°Ú ∞¸… n‰˘i…… ΩË˛ *

(i) i…÷±…x…-…j… 31 ®……S…«, 2011 i…EÚ E‰Ú E∆Ú…x…“ E‰Ú EÚ…™…«EÚ±…………Â ∫…‰ ∫…∆§…Œxv…i… ®……®…±…‰ ®…Â ΩË˛ *

(ii) =HÚ i……Æ˙“J… EÚ…‰ ∫…®……i… ¥…π…« E‰Ú E∆Ú…x…“ E‰Ú ±……¶…-Ω˛… x… ±…‰J…‰ ∫…‰ ∫…∆§…Œxv…i… ®……®…±…‰ ®…Â ΩË˛ +…ËÆ˙

(iii) V…Ω˛…ƒ i…EÚ EÚ ™…Ω˛ =HÚ i……Æ˙“J… EÚ…‰ ∫…®……i… ¥…π…« E‰Ú ±…B x…EÚn˘“ |…¥……Ω˛ ¥…¥…Æ˙h… ∫…‰ ∫…∆§…∆ v…i… ΩË˛*

EfiÚi…‰ +x…∆∆i…x…˙ Bhb˜ ∫…÷∆n˘Æ®…∫…x…n˘“ ±…‰J……EÚ…Æ˙

¥…“. ®…“x……I…“ ∫…÷∆n˘˘Æ˙®…∫……Z…‰n˘…Æ˙ ∫…n˘∫™…i…… ∫…∆. 020120

B°Ú.+…Æ˙ x…∆.000148 B∫…


In our opinion and to the best of our information and according to the explanation given to us, subjectto the following:

1. Balance confirmation from Debtors and Creditors are not received in all the cases. Balances ofAdvance outstanding, Advance received, Security Deposits and Earnest Money Deposits aresubject to confirmation by parties.

2. The cash and bank balances held by the Company under trust and the relative liabilities aredisclosed as contra items in the Balance Sheet in accordance with the opinion of the ExpertAdvisory Committee of the Institute of Chartered Accountants of India.

3. (a) The method of charging depreciation for addition to/deletion from fixed assets is changed frommonthly pro rata basis, to daily pro rata basis. In view of this the depreciation for the year is less by` 24.51 lacs and profits before tax has gone up by ` 24.51 lakhs.

(b) SAP (ERP ECC 6.0) software was considered for amortization over a period of 8 years on dailypro rata basis against the earlier policy of amortising of computer software over a period of 3 yearson pro rata bsis. In view of this, the depreciation for the is less by ` 103.83 lacs and profits beforetax for the period has gone up by ` 103.83 lacs.

Subject to the above:

The said accounts read with Notes thereon, give the information required by the Companies Act, 1956, in themanner so required and give a true and fair view in conformity with the accounting principles generallyaccepted in India.

(i) In so far as it relate to the Balance Sheet, of the state of affairs for the Company as at 31st March 2012.

(ii) In so far as it relates to the Profit and Loss Account, of the profit of the Company for the year ended onthat date, and

(iii) In so far as it relates to the Cash Flow Statement, of the cash flows for the year ended on that date.



F.R. No. 000148S

96 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

¥…k…“™… ¥…π…« 2011-2012 E‰Ú ±…B BS…B±…B±… ±……<°ÚE‰Ú™…Æ˙ E‰Ú ∫…n˘∫™……ÂEÚ…‰ ±…‰J………Æ˙“I…EÚ…Â EÚ“ Æ˙……‰]«ı EÚ… +x…÷§…∆v…

(i) (EÚ) E∆Ú…x…“ +S…±… … Æ˙∫…∆… k…™……Â EÚ“‰Ú Œ∫l… i… +…ËÆ˙ …⁄Æ˙… §™……ËÆ˙… n˘J……x…‰ ¥……±…… Æ˙EÚ…b«˜ Æ˙J…i…“ ΩË˛, V…∫…EÚ…‰ … Æ˙®……h……i®…EÚ ¥…¥…Æ˙h…,J…Æ˙“n‰˘ ¥…π…«, ∫l……x… +…ËÆ˙ BEÚ±… …Ω˛S……x… ∫…∆J™…… V…Ë∫…‰ …⁄h…« ¥…¥…Æ˙h… E‰Ú ∫……l… +M…±…‰ +ti…x… +…ËÆ˙ ∫…∆∂……‰v…x… EÚ“ W…∞¸Æ˙i… ΩË˛ *

(J…) ¥…π…« E‰Ú n˘…ËÆ˙…x… |…§…∆v… u˘…Æ˙… +S…±… … Æ˙∫…∆… k…™……Â EÚ… |…i™…I… ∫…i™………x… EÚ™…‰ M…™…‰* V…Ë∫…‰ ¶…“ Ω˛…‰, |…§…∆v…x… x…‰ +S…±… … Æ˙∫…∆… k…™……Â E‰Ú|…i™…I… ∫…i™………x… E‰Ú ±…B EÚ…‰<« EÚ…™…« |…h……±…“ x…Ω˛” Æ˙J…“ ΩË +i…& B‰∫…‰ ∫…i™………x… E‰Ú +…¥…fi k… +…ËÆ˙ …™……«i…i…… …Æ˙ ]ı“EÚ… - ]ı…h…“x…Ω˛” EÚ“ V…… ∫…EÚi…“ ΩË * |…i™…I… ∫…i™………x… …Æ˙ ……<« M…<« ¥…∫…∆M… i…™……ƒ ¶……Ë i…EÚ x…Ω˛” l…” i…l…… B‰∫…“ ¥…∫…∆M… i…™……Â E‰Ú ±…B ±…‰J…‰ ®…Â EÚ…‰<«∫…®……™……‰V…x… x…Ω˛” §…x……™…“ M…™…“ ΩË *

(M…) ¥…π…« E‰Ú n˘…ËÆ˙…x… +S…±… … Æ˙∫…∆… k…™……Â E‰Ú …™……«i… x……]ı…x… x…Ω˛” l……, <∫… ±…B S……±…⁄ ®……®…±…‰ +…v…… Æ˙i… ¥…k…“™… ¥…¥…Æ˙h… EÚ“ i…Ë™……Æ˙“<∫… ±…‰J…‰ …Æ˙ |…¶…… ¥…i… x…Ω˛” ΩË˛ *

(ii) (EÚ) i…“∫…Æ‰ ……Ã]ı™……Â E‰Ú ∫……l… …b˜“ ¥…∫i…÷∫…⁄ S…™……Â E‰Ú +±……¥…… ¥…π…« E‰Ú n˘…ËÆ˙…x… |…§…∆v… u˘…Æ˙… i…Ë™……Æ˙ ®……±……Â, EÚSS…‰ ®……±……Â, …ËÀEÚM… ®……±……Â, S……±…⁄EÚ…™…« +…ËÆ˙ <∆V…“ x…™…Æ˙“ ¶…hb˜…Æ˙ EÚ“ |…i™…I… V……ƒS… ¥…π…« E‰Ú n˘…ËÆ˙…x… EÚ“ M…™…“ ΩÈ˛* Ω˛®……Æ˙“ Æ˙…™… ®…Â ∫…i™………x… EÚ“ +…¥…fi k… ™…l……‰ S…i… ΩË˛*

(J…) E∆Ú…x…“ E‰Ú +…EÚ…Æ˙ i…l…… EÚ…Æ˙…‰§……Æ˙ EÚ“ |…EfiÚ i… E‰Ú ∫…∆§…∆v… ®…Â |…§…xv… u˘…Æ˙… ……±…x… EÚ“ M…™…“ ¥…∫i…÷∫…⁄S…“ E‰Ú |…i™…I… ∫…i™………x… EÚ“ EÚ…™…«|…h……±…“ ∫…®…“S…“x… B¥…∆ = S…i… ΩË˛ *

(M…) E∆Ú…x…“ ¥…∫i…÷∫…⁄S…“ E‰Ú = S…i… Æ˙EÚ…b«˜ Æ˙J…i…“ ΩË˛ i…l…… |…i™…I… ∫…i™………x… …Æ˙ ®…Ω˛i¥……⁄h…« ¥…∫i…÷…Æ˙EÚÚ ¥…∫…∆M… i…™……ƒ x…Ω˛” ……™…“ M…™…” *

(iii) E∆Ú…x…“ x…‰ E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ v……Æ˙… 301 E‰Ú +v…“x… Æ˙J…‰ M…B Æ˙ V…∫]ıÆ˙ ®…Â |… i……… n˘i… E∆Ú… x…™……Â, °Ú…®……Á ™…… +x™… ¥™… HÚ™……ÂEÚ…‰/∫…‰ |… i…¶…⁄i… ™…… +|… i…¶…⁄i… EÚ…‰<« @Òh… ∫¥…“EfiÚi… x…Ω˛” EÚ™…… ™…… ±…™…… ΩË˛ *

E∆Ú…x…“ x…‰ E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ v……Æ˙… 301 E‰Ú +v…“x… Æ˙J…‰ M…B Æ˙ V…∫]ıÆ˙ ®…Â |… i……… n˘i… E∆Ú… x…™……Â, °Ú…®……Á ™…… +x™… ¥™… HÚ™……ÂEÚ…‰/∫…‰ |… i…¶…⁄i… ™…… +|… i…¶…⁄i… EÚ…‰<« @Òh… x…Ω˛” ∫¥…“EfiÚi… ™…… ±…™…… ΩË˛ i…l…… <∫… ±…B <∫… J…∆b˜ E‰Ú =… J…∆b˜ (J…), (M…), (P…), (S…Û) i…l……(UÙ) E‰Ú +v…“x… Æ˙……‰Õ]ıM… ±……M…⁄ x…Ω˛” ΩË˛*

(iv) Ω˛®……Æ˙“ Æ˙…™… ®…Â i…l…… Ω˛®…Â n˘“ M…<« ∫…⁄S…x…… +…ËÆ˙ ∫…π]ı“EÚÆ˙h… E‰Ú +x…÷∫……Æ˙ +…EÚ…Æ˙ i…l…… EÚ…Æ˙…‰§……Æ˙ EÚ“ |…EfiÚ i… E‰Ú +x…÷∞¸… ¥…∫i…÷∫…⁄S…“ i…l……+S…±… … Æ˙∫…∆… k…™……Â E‰Ú GÚ™… B¥…∆ ®……±……Â +…ËÆ˙ ∫…‰¥……+…Â EÚ“ §…GÚ“ E‰Ú ±…B ™…l……‰ S…i… …™……«i… +…∆i… Æ˙EÚ x…™…∆j…h… EÚ…™…« |…h……±…“ ΩË * Ω˛®……Æ˙“=k…®… V……x…EÚ…Æ˙“ ®…Â Ω˛®……Æ˙“ ±…‰J………Æ˙“I…… E‰Ú n˘…ËÆ˙…x… +…∆i… Æ˙EÚ x…™…∆j…h… |…h……±…“ ®…Â EÚ…‰<« |…®…÷J… EÚ®…“ Ω˛®…Â Æ˙……‰]«ı x…Ω˛” EÚ“ ΩË˛ ™…… Ω˛®……Æ‰˙v™……x… ®…Â +…™…“ ΩË˛ *

(v) Ω˛®…Â n˘“ M…<« ∫…⁄S…x…… E‰Ú +x…÷∫……Æ˙, ¥…π…« E‰Ú n˘…ËÆ˙…x… E∆Ú…x…“ + v… x…™…®…, 1956 EÚ“ v……Æ˙… 301 E‰Ú +x…÷∫…Æ˙h… ®…Â, Æ˙ V…∫]ıÆ˙ ®…Â |… ¥…Œπ]ıi…EÚÆ˙x…‰ E‰Ú ±…B EÚ…‰<« `‰E‰Ú ™…… ¥™…¥…∫l……B∆ x…Ω˛” ΩÈ*

(vi) E∆Ú…x…“ x…‰ V…x…i…… ∫…‰ EÚ…‰<« V…®…… ∫¥…“EfiÚi… x…Ω˛” EÚ™…… ΩË˛ * V…Ë∫…‰ ¶…“ Ω˛…‰, Ω˛®… Æ˙……‰]«ı EÚÆ˙i…‰ ΩÈ˛ EÚ ¥…Ëv… n˘…™……n˘ E‰Ú §…“S… E‰Ú ¥…¥……n˘ E‰ÚEÚ…Æ˙h… +|…n˘k… ` 10,000/- ∫……¥… v… V…®…… E‰Ú +v…“x… ∂…‰π… Æ˙Ω˛… ΩË˛ *

(vii) E∆Ú…x…“ x…‰ +…∆i… Æ˙EÚ ±…‰J………Æ˙“I…… EÚÆ˙x…‰ E‰Ú ±…B ∫…¶…“ ™…⁄ x…]ı…Â ®…Â ∫…x…n˘“ ±…‰J……EÚ…Æ˙ °Ú®……«‰∆ EÚ…‰ x…™…÷HÚ EÚ™…… ΩË * Ω˛®……Æ˙“ Æ˙…™… ®…Â +…∆i… Æ˙EÚ±…‰J………Æ˙“I…… EÚ… EÚ…™…«I…‰j… ®…÷J™…i…™…… E∆Ú…x…“ E‰Ú +…EÚ…Æ˙ i…l…… EÚ…Æ˙…‰§……Æ˙ EÚ“ |…EfiÚ i… E‰Ú +x…÷∞¸… ΩË * E∆Ú™…⁄]ıÆ“EfiÚi…˜ …™……«¥…Æ˙h… E‰Ú +v…“x… ¥… ¥…v… |…S……±…x……i®…EÚ V……‰ J…®……Â +…ËÆ˙ E∆Ú…x…“ u˘…Æ˙… ±…B M…B ¥… ¥…v… … Æ˙™……‰V…x…… EÚ…™…« i…l…… x…™……«i… +…ËÆ˙ +…xi… Æ˙EÚ §…GÚ“ n˘…‰x……Â E‰Ú ±…BE‰Úxp˘“™… ¥……h…x… ∫…∆M…`ˆx… ®…Â G‰Ú b˜]ı ¥…∫…⁄±… Ω˛…‰ V……x…‰ E‰Ú ±…B +…∆i… Æ˙EÚ ±…‰J……-…Æ˙“I…… EÚ… EÚ…™…«I…‰j… §…f¯˘…™…… V……™…*

(viii) Ω˛®…x…‰ E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ v……Æ˙… 209 (1) (P…) E‰Ú +v…“x… ±……M…i… Æ˙EÚ…‰b˜…Á E‰Ú +x…÷Æ˙I…h… EÚÆ˙x…‰ E‰Ú ±…B ¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ u˘…Æ˙…§…x……™…‰ x…™…®… E‰Ú +x…÷∫……Æ˙ E∆Ú…x…“ u˘…Æ˙… =i…… n˘i… §…±EÚ b≈˜M∫… +…ËÆ˙ ∫…⁄j…“EÚÆ˙h… ∫…‰ ∫…∆§…∆ v…i… ±…‰J…… §… Ω˛™……Â EÚ“ ¥™………EÚ ∫…®…“I…… EÚ“ ΩË˛i…l…… Ω˛®……Æ˙“ Æ˙…™… ΩË˛ EÚ |…i™…I…i…& + ¶…±…‰J……Â EÚ…‰ §…x……EÚÆ˙ Æ˙J…‰ M…™…‰ ΩË∆˛ *

E∆Ú…x…“ + v… x…™…®… 1956 v……Æ˙… 233 J… E‰Ú +x…÷∫……Æ˙ ¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ x…‰ E∆Ú…x…“ E‰Ú §…±EÚ b≈M… |…¶……M… +…ËÆ˙ ∫…⁄j…“EÚÆ˙h… |…¶……M… EÚ“ ±……M…i…±…‰J………Æ˙“I…… x…v……« Æ˙i… EÚ™…… ΩË˛*

i…n˘x…÷∫……Æ˙ E∆Ú…x…“ x…‰ 31 ®……S…« 2012 EÚ…‰ ∫…®……i… ¥…π…« E‰Ú ±…B ±……M…i… ±…‰J…… …Æ˙“I…EÚ…Â EÚ…‰ x…™…÷HÚ EÚ™…… ΩË˛*


ANNEXURE TO AUDITORS’ REPORT TO THE MEMBERS OF HLL LIFECARE LTD. FOR THE FINANCIAL YEAR 2011-12

(i) (a) The company is maintaining records showing particulars and situation of fixed assets, whichneeds further updating and modification with full particulars like quantitative details, year ofpurchase, location and unique identification number.

(b) The fixed assets were physically verified during the year by the Management. However, themanagement has not laid down procedure for physical verification of fixed assets and hencefrequency and adequacy of such verification could not be commented upon. Discrepancies noticedon physical verification were not material and no adjustment has been made in the accounts forsuch discrepancies.

(c) There was no substantial disposal of fixed assets during the year and hence, the preparation offinancial statements on going concern basis is not affected on this account.

(ii) (a) The stock of finished goods, raw materials, packing materials, work-in-progress and engineeringstores have been physically verified by the management during the year, except the inventorieslying with third parties. In our opinion, the frequency of verification is reasonable.

(b) The procedures for physical verification of inventory followed by management are reasonable andadequate in relation to the size of the company and nature of its business.

(c) The company is maintaining proper records of inventory and material discrepancies were notnoticed on physical verification.

(iii) The company has not granted or taken any loans, secured or unsecured to / from companies, firms orother parties covered in the register maintained under section 301 of the Companies Act, 1956.

Since the company has not granted or taken any loans, secured or unsecured to/from companies,firms or other parties covered in the register maintained under section 301 of the Companies Act, 1956,requirements of reporting under sub-clauses (b), (c), (d), (f) and (g) of this clause do not apply.

(iv) In our opinion and according to the information and explanations given to us, there are reasonablyadequate internal control procedures commensurate with the size of the company and nature of itsbusiness for the purchase of inventory and fixed assets and for the sale of goods and services. To thebest of our knowledge, no major weaknesses in internal control system were either reported or noticedby us during the course of our audit.

(v) According to the information given to us, there are no contracts or arrangements during the year thatneed to be entered into a register in pursuance of Section 301 of the Companies Act, 1956.

(vi) The Company has not accepted any deposits from public. However, we report that an amount of` 10,000 is outstanding under fixed deposit not repaid due to dispute between the legal heirs.

(vii) The company has appointed Chartered Accountant firms to undertake the internal audit of all theirUnits. In our opinion, the scope of internal audit is generally commensurate with the size and nature ofbusiness of the Company.

(viii) We have broadly reviewed the books of account maintained by the Company pursuant to the Rulesmade by the Central Government for the maintenance of cost records under Section 209(1)(d) of theCompanies Act, 1956, in respect of Bulk Drugs and Formulations produced by the Company and weare of the opinion that prima facie, the records have been made and maintained.

Pursuant to Section 233B of the Companies Act, 1956, the Central Government has prescribed costAudit of the Company's bulk drug division and Formulation Division.

Accordingly, the Company has appointed Cost Auditors for the year ended 31st March 2012.

98 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

(ix) (EÚ) + ¶…±…‰J……Â E‰Ú +x…÷∫……Æ˙, +¶…“ i…EÚ V…®…… x…Ω˛” EÚ™…‰ ˚ 22.15 ±……J… E‰Ú ∫…“®…… ∂…÷±EÚ EÚ…‰ UÙ…‰b˜EÚÆ˙, ¶… ¥…π™… x… v…, <« B∫… +…<«,+…™…-EÚÆ˙, §…GÚ“ EÚÆ˙, v…x… EÚÆ˙, ∫…‰¥…… EÚÆ˙, =i……n˘ ∂…÷±EÚ, =… EÚÆ˙ +…ËÆ˙ +x™… ∫……∆ ¥… v…EÚ n‰˘™… = S…i… |…… v…EÚ… Æ˙™……Â E‰Ú ∫……l…+x™… ∫……∆ ¥… v…EÚ n‰˘™… V…®…… EÚÆ˙x…‰ ®…Â E∆Ú…x…“ ∫……®……x™… ∞¸… ∫…‰ x…™… ®…i… Æ˙Ω˛“ ΩË˛ *

(J…) Ω˛®…Â n˘B M…B ∫…⁄S…x…… B¥…∆ ∫…π]ı“EÚÆ˙h… E‰Ú +x…÷∫……Æ˙, x…v……«Æ˙h… ¥…π…« 2008-09 E‰Ú ±…B Ø˚. 10.12 ±……J… +…ËÆ˙ x…v……«Æ˙h… ¥…π…«2009-10 E‰Ú 191.54 ±……J… EÚ…‰ UÙ…‰b˜EÚÆ˙ EÚ∫…“ ¥…¥……n˘ E‰Ú EÚ…Æ˙h… V…®…… EÚB +…™… EÚÆ˙, §…GÚ“ EÚÆ˙, v…x… EÚÆ˙, ∫…‰¥…… EÚÆ˙,∫…“®…… EÚÆ˙, =i……n˘ ∂…÷±EÚ ™…… =… EÚÆ˙ n‰˘™… x…Ω˛” ΩÈ˛ *

(x) E∆Ú…x…“ EÚ…‰ 31 ®……S…« 2012 i…EÚ EÚ…‰<« ∫…∆ S…i… Ω˛… x… x…Ω˛” ΩË˛ +…ËÆ˙ =∫…“ i……Æ˙“J… ®…Â ∫…®……i… ¥…k…“™… ¥…π…« ™…… …⁄⁄¥…«¥…i…‘ ¥…k…“™… ¥…π…« ®…ÂEÚ…‰<« Æ˙…‰EÚb˜ Ω˛… x… n‰™… x…Ω˛” Ω÷<« ΩË*

(xi) + ¶…±…‰J……Â E‰Ú ∫…i™………x… E‰Ú +…v……Æ˙ …Æ˙ i…l…… Ω˛®…Â n˘B M…B ∫…⁄S…x…… B¥…∆ ∫…π]ı“EÚÆ˙h… E‰Ú +x…÷∫……Æ˙ E∆Ú…x…“ x…‰ ¥…k…“™… ∫…∆M…`ˆx……Â ™…… §…ÈEÚ…Â EÚ…‰n‰˘™… ¥………∫…“ +n˘…™…M…“ ®…Â ¥™… i…GÚ®… x…Ω˛” EÚ™…… ΩË˛ * ¥…π…« E‰Ú n˘…ËÆ˙…x… E∆Ú…x…“ x…‰ EÚ…‰<« ¶…“ @Òh……j… V……Æ˙“ x…Ω˛” EÚ™…… ΩË˛ *

(xii) Ω˛®…Â n˘B M…B ∫…⁄S…x…… B¥…∆ ∫…π]ı“EÚÆ˙h… E‰Ú +x…÷∫……Æ˙, E∆Ú…x…“ x…‰ V…®……x…i… E‰Ú +…v……Æ˙ …Æ˙ ∂…‰™…Æ˙…Â, @Òh……j… +…ËÆ˙ +x™… |… i…¶…⁄ i…™……Â EÚ…‰ M…Æ˙¥…“Æ˙J…EÚÆ˙ @Òh… ¥… + O…®… ∫¥…“EfiÚi… x…Ω˛” EÚ™…… ΩË˛ *

(xiii) S…]ı x… v…, x… v… ™…… ……Æ˙∫… Æ˙EÚ °Ú…™…n˘… x… v…/∫……‰∫……< ]ı™……Â E‰Ú ±…B ±……M…⁄ EÚ∫…“ ¶…“ ¥… ∂…π]ı EÚ…x…⁄x……Â EÚ… |……¥…v……x…, E∆Ú…x…“ E‰Ú ±…B±……M…⁄ x…Ω˛” ΩË˛ *

(xiv) E∆Ú…x…“ ∂…‰™…Æ˙, @Òh……j… i…l…… +x™… x…¥…‰∂……Â ®…Â ±…‰x…-n‰˘x… ™…… ]≈‰ıÀb˜M… x…Ω˛” EÚÆ˙i…“ ΩË˛ *

(xv) E∆Ú…x…“ x…‰ ¥…k…“™… ∫…∆∫l…… ∫…‰ EÚ®…«S…… Æ˙™……Â u˘…Æ˙… ±…B @Òh……Â E‰Ú ±…B M……Æ∆˙]ı“ n˘“ ΩË˛ V…∫…EÚ… ∂…i…« ¥… x…§…∆v…x… E∆Ú…x…“ E‰Ú Ω˛i… …Æ˙ |… i…E⁄Ú±…x…Ω˛” ΩË˛ *

(xvi) Ω˛®……Æ˙“ Æ˙…™… ®…Â, ®…™……n˘“ @Òh… =`ˆı…B M…B =q‰˘∂™… E‰Ú ±…B |…™…÷HÚ EÚB M…B Ω∆Ë˛*

(xvii) E∆Ú…x…“ E‰Ú + ¶…±…‰J……Â i…l…… S……±…⁄ ¥…π…« E‰Ú E∆Ú…x…“ E‰Ú i…÷±…x…-…j… B¥…∆ x…EÚn˘ …Ën˘…<∂… ¥…¥…Æ˙h… …Æ˙ ∫…®…O… V……ƒS… E‰Ú +…v……Æ˙ …Æ˙ +…ËÆ˙ Ω˛®…Â n˘BM…B ∫…⁄S…x…… B¥…∆ ∫…π]ı“EÚÆ˙h… E‰Ú +x…÷∫……Æ˙ E∆Ú…x…“ x…‰ n˘“P……«¥… v… x…¥…‰∂… E‰Ú ±…B +±……¥… v… +…v……Æ˙ …Æ˙ =`ˆ…<« M…<« x… v… i…l…… <∫…∫…‰ =±]‰ı=…™……‰M… x…Ω˛” EÚ™…… ΩË˛ *

(xviii) ¥…π…« E‰Ú n˘…ËÆ˙…x…, E∆Ú…x…“ x…‰ E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ v……Æ˙… 301 E‰Ú +v…“x… §…x……B Æ˙J…‰ Æ˙ V…∫]ıÆ˙ ®…Â ∫…Œ®®… ±…i… ……Ã]ı™……Â ™…… E∆Ú… x…™……ÂEÚ…‰ ∂…‰™…Æ˙ EÚ… EÚ∫…“ ¶…“ + v…®……x™… +…§…∆]ıx… x…Ω˛” EÚ™…… ΩË˛ *

(xix) ¥…π…« E‰Ú n˘…ËÆ˙…x… @Òh……j… V……Æ˙“ x…Ω˛” EÚ™…‰ M…™…‰ ΩÈ˛, +i…& |… i…¶…⁄ i…™……ƒ §…x……x…‰ EÚ… |…∂x… x…Ω˛” =`ˆi…… ΩË˛ *

(xx) ¥…π…« E‰Ú n˘…ËÆ˙…x… E∆Ú…x…“ x…‰ ∫……¥…«V… x…EÚ x…M…«®… u˘…Æ˙… EÚ…‰<« ¶…“ Æ˙EÚ®… =`ˆ…™…“ ΩË˛ *

(xxi) x…π…… n˘i… ±…‰J……-…Æ˙“I…… GÚ™…… ¥… v… i…l…… |…§…∆v… ∫…‰ |……i… + ¶…¥…‰n˘x… E‰Ú +…v……Æ˙ …Æ˙ Ω˛®… Æ˙……‰]«ı EÚÆ˙i…‰ ΩÈ EÚ ±…‰J………Æ˙“I……v…“x… ¥…π…« E‰Ú n˘…ËÆ˙…x…E∆Ú…x…“ …Æ˙ ™…… u˘…Æ˙… EÚ…‰<« v……‰J…‰§……W…“ v™……x… ®…Â +…™…… ™…… Æ˙……‰]«ı x…Ω˛” EÚ“ M…™…“ ΩË˛*

EfiÚi…‰ +x…∆i…˘x… Bhb˜ ∫…÷∆n˘Æ˙®… ∫…x…n˘“ ±…‰J……EÚ…Æ˙

¥…“. ®…“x……I…“ ∫…÷xn˘Æ˙®… ∫……Z…‰n˘…Æ˙ ∫…n˘∫™…i…… ∫…∆. 020120 B°Ú.+…Æ˙ x…∆. 000148B∫…

∫l……x… : S…‰z…Ë n˘x……∆EÚ : 12.09.2012


(ix) (a) According to the records, the Company has been generally regular in depositing undisputedstatutory dues including Provident Fund, ESI, Income Tax, Wealth Tax, Service tax, Excise Duty,Cess and other statutory dues with the appropriate authorities, except customs duty of ` 22.15lacs, which is still not remitted.

(b) According to the information and explanations given to us, there are no dues of Income Tax, SalesTax, Wealth Tax, Service Tax, Customs Tax, Excise Duty or Cess not deposited on account of anydispute except Income Tax for Assessment Year 2008-09 amounting to 10.12 lacs and for theAssessment Year 2009-10 amounting to ` 191.54 lacs.

(x) The company has no accumulated losses as on 31st March, 2012 and it has not incurred any cashlosses in the finacial year ended on that date or in the immediately preceding financial year.

(xi) On the basis of verification of records and according to the information and explanations given to us,the Company has not defaulted in repayment of dues to Financial Institutions or Banks. The Companyhas not issued any debentures during this year.

(xii) According to the information and explanations given to us, the Company has not granted any loans andadvances on the basis of security by way of pledge of share, debentures and other securities.

(xiii) The provisions of any special statute applicable to chit fund, nidhi or mutual benefit fund/societies arenot applicable to the Company.

(xiv) The Company is not dealing or trading in shares, debentures and other investments.

(xv) The company has given guarantee for loans taken by employees from financial institutions, the termsand conditions of which are not prejudicial to the interest of the company.

(xvi) In our opinion, the term loans have been applied for the purpose for which they were raised.

(xvii) According to the records of the Company and on the basis of an overall examination of the balancesheet and cash flow statement for the current year and the information and explanations given to us,we report that funds raised on short-term basis have not been used during the year for long-terminvestment and vice-versa.

(xviii) During the year, the Company has not made any preferential allotment of shares to parties or companiescovered in the Register maintained under Section 301 of the Companies Act, 1956.

(xix) Since no debentures have been issued during the year, question of creating securities or charge doesnot arise.

(xx) The company has not raised any money through public issue during the year.

(xxi) Based on the audit procedures performed and the representation obtained from the management wereport that a fraud on or by the company has been noticed or reported during the year under audit.



F.R. No. 000148SPlace : ChennaiDate : 12.09.2012

100 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

EÚ…™……«±…™… |…v……x… x…n‰∂…EÚ ¥…… h…ŒV™…EÚ ±…‰J…… …Æ˙“I……B¥…∆ …n‰˘x… ∫…n˘∫™…, ±…‰J………Æ˙“I…… §……‰b«˜-iv, x…<« n˘±±…“

∫…∆. 65-…“ b˜“ ∫…“ B/BS…B∫…/B®…B§…“-iv4/∫…“B∫…/BS…B±…B±…/12-13/1468 n˘x……∆EÚ 17.09.2012

∫…‰¥…… ®…Â+v™…I… B∆¥… |…§…∆v… x…n‰∂…EÚBS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜, i…Ø˚¥…x…∆i……÷Æ˙®…

®…Ω˛…‰n˘™…,

¥…π…™… : BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜, i…Ø˚¥…x…∆i……÷Æ˙®… E‰Ú 31 ®……S…« 2012 EÚ…‰ ∫…®……i… ¥…π…« E‰Ú ±…‰J……Â …Æ˙ E∆Ú…x…“ + v… x…™…®…,1956 EÚ“ v……Æ˙… 619 (4) E‰Ú i…Ω˛i… ¶……Æ˙i… E‰Ú x…™…∆j…EÚ ¥… ®…Ω˛… ±…‰J………Æ˙“I…EÚ EÚ“ ]ı… h…™……ƒ*

*****************

®…È BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜, i…Ø˚¥…x…∆i……÷Æ˙®… E‰Ú 31 ®……S…«, 2012 EÚ…‰ ∫…®……i… ¥…π…« E‰Ú ±…‰J……Â …Æ˙ E∆Ú…x…“ + v… x…™…®… 1956 EÚ“

v……Æ˙… 619 (4) E‰Ú i…Ω˛i… ¶……Æ˙i… E‰Ú x…™…∆j…EÚ ¥… ®…Ω˛… ±…‰J…… …Æ˙“I…EÚ EÚ“ ]ı… h…™……ƒ <∫…E‰Ú ∫……l… +O…‰ π…i… EÚÆ˙i…… Ω⁄ƒ˛*

<∫… …j… EÚ“ ……¥…i…“ EfiÚ…™…… n˘“ V…B*

¶…¥…n˘“™…,

(V……Ïx…. E‰Ú. ∫…±±…‰]ı)|…v……x… x…n‰∂…EÚ ¥…… h…ŒV™…EÚ ±…‰J…… …Æ˙“I…… B¥…∆

…n‰x…, ∫…n˘∫™… ±…‰J……-…Æ˙“I…… §……‰‰b-IV

∫…∆±…Mx…EÚ : =…Æ˙…‰HÚ

M……‰…x…“™…

+…`ˆ¥……ƒ ¥… x…¥……ƒ i…±…,∫…∆EÚ…™… ¶…¥…x…, 10, §…Ω˛…n÷˘Æ˙ ∂……Ω˛ W…°ÚÆ˙ ®……M…«, x…<« n˘±±…“-110002n⁄Æ˙¶……π…: 23239413, 23239415, 23239419, 23239420, °ËÚC∫…: 23239416

<«-®…Ë±…: [email protected]


Office of the Principal Director of Commercial Audit

and Ex-Officio Member, Audit Board-IV, New Delhi

No. 65-PDCA/HS/MAB-IV/A/cs/HLL/12-13/1468 Dated 17.09.2012

To

The Chairman & Managing Director

HLL Lifecare Limited

HLL Bhavan, Poojappura


Sir,

Sub : Comments of the Comptroller and Auditor General of India under Section 619 (4) of the

Companies Act, 1956 on the accounts of HLL Lifecare Limited, Thiruvananthapuram for

the year ended 31st March 2012.

*****************

I am to enclose herewith the Comments of the Comptroller and Auditor General of India under Section

619 (4) of the Companies Act, 1956 on the accounts of HLL Lifecare Limited, Thiruvananthapuram for the

year ended 31st March 2012.

The receipt of this letter may kindly be acknowledged.

Yours faithfully,

(JOHN.K. SELLATE)

Pr. Director of Commercial Audit &

Ex-Officio Member, Audit Board-IV

Encl : as above

CONFIDENTIAL

8th & 9th Floor, Annexe Building, 10, Bahadur Shah Zafar Marg, New Delhi-110002Tel : 23239413, 23239415, 23239419, 23239420, Fax : 23239416

E-mail : [email protected]

102 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

¶……Æ˙i… E‰Ú x…™…∆j…EÚ B¥…∆ ®…Ω˛… ±…‰J…… …Æ˙“I…EÚ EÚ“ ]ı… h…™……ƒ

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜ E‰Ú 31 ®……S…« 2012 EÚ…‰∫…®……i… ¥…π…« E‰Ú ±…‰J……Â …Æ˙ E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ v……Æ˙… 619 (4)E‰Ú +v…“x… ¶……Æ˙i… E‰Ú x…™…∆j…EÚ B¥…∆ ®…Ω˛… ±…‰J…… …Æ˙“I…EÚ EÚ“ ]ı… h…™……ƒ

E∆Ú…x…“ + v… x…™…®… 1956 E‰Ú +v…“x… x…v……« Æ˙i… ¥…k…“™… Æ˙……‰Õ]ıM… ∞¸…Æ‰˙J…… E‰Ú +x…÷∫……Æ˙˙ 31 ®……S…« 2012 EÚ…‰ ∫…®……i… ¥…π…« E‰Ú BS…B±…B±…±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜, i…Ø˚¥…x…∆i……÷Æ˙®… E‰Ú ¥…k…“™… ¥…¥…Æ˙h… i…Ë™……Æ˙ EÚÆ˙x…… E∆Ú…x…“ E‰Ú |…§…∆v…x… EÚ… =k…Æ˙n˘… ™…i¥… ΩË* ¶……Æ˙i…“™… ∫…x…n˘“ ±…‰J……EÚ…Æ˙ EÚ“∫…∆∫l…… E‰Ú ¥™……¥…∫…… ™…EÚ x…EÚ…™… u˘…Æ˙… x…v……« Æ˙i… ±…‰J…… …Æ˙“I…h… +…ËÆ˙ +…∑……∫…x… ®……x…EÚ E‰Ú +…v……Æ˙ …Æ˙ ∫¥…i…∆j… ±…‰J………Æ˙“I…… E‰Ú +…v……Æ˙ …Æ˙ E∆Ú…x…“+ v… x…™…®… 1956 EÚ“ v……Æ˙… 227 E‰Ú +v…“x…, <x… ¥…k…“™… ¥…¥…Æ˙h……Â …Æ˙ Æ˙…™… ¥™…HÚ EÚÆ˙x…‰ E‰Ú ±…B E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ v……Æ˙… 619 (2)E‰Ú +v…“x… ¶……Æ˙i… E‰Ú x…™…∆j…EÚ B¥…∆ ®…Ω˛… ±…‰J…… …Æ˙“J…EÚ u˘…Æ˙… x…™…÷HÚ ∫……∆ ¥… v…EÚ ±…‰J………Æ˙“I…EÚ =k…Æ˙n˘…™…“ ΩË˛* ™…Ω˛ =x…E‰Ú u˘…Æ˙… =x…E‰Ú n˘x……∆EÚ12.09.2012 EÚ“‰Ú ±…‰J………Æ˙“I…… Æ˙……‰]«ı E‰Ú +x…÷∫……Æ˙ EÚB M…B ΩÈ*

®…È x…‰, ¶……Æ˙i… E‰Ú x…™…∆j…EÚ B¥…∆ ®…Ω˛… ±…‰J………Æ˙“I…EÚ EÚ“ i…Æ˙°Ú ∫…‰ E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ v……Æ˙… 619 (3) (§…“) E‰Ú +v…“x… BS…B±…B±…±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜, i…Ø˚¥…x…∆i……÷Æ˙®… E‰Ú 31 ®……S…« 2012 EÚ…‰ ∫…®……i… ¥…k…“™… ¥…¥…Æ˙h… E‰Ú +x…÷…⁄Æ˙EÚ ±…‰J………Æ˙“I…… +…™……‰ V…i… EÚ“ ΩË˛* ™…Ω˛+x…÷…⁄Æ˙EÚ ±…‰J………Æ˙“I…… ∫……∆ ¥… v…EÚ ±…‰J…… …Æ˙“I…EÚ E‰Ú EÚ…™…«EÚ…Æ˙“ EÚ…M…W……i… EÚ“ …Ω⁄ƒ˛S… E‰Ú §…x…… ∫¥…i…∆j… ∞¸… ∫…‰ EÚ™…… M…™…… ΩË˛ i…l…… ∫……∆ ¥… v…EÚ±…‰J………Æ˙“I…EÚ EÚ“ …⁄UÙi……UÙ +…ËÆ˙ E∆Ú…x…“ E‰Ú EÚ…Ã®…EÚ i…l…… S…™…x……i®…EÚ …Æ˙“I…… E‰Ú E÷ÚUÙ ±…‰J…… Æ˙EÚ…‰b˜…Á …Æ˙ ®…÷J™…i…& ∫…“ ®…i… ΩË˛*

®…‰Æ˙“ +x…÷…⁄Æ˙EÚ ±…‰J………Æ˙“I…… E‰Ú +…v……Æ˙ …Æ˙ E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ v……Æ˙… 619 (4) E‰Ú +v…“x… ∫……∆ ¥… v…EÚ ±…‰J………Æ˙“I…EÚ…Â EÚ“ Æ˙……‰]«ı E‰Ú+x…÷…⁄Æ˙EÚ …Æ˙ ™…… ®…÷Z…‰ + i… Æ˙HÚ ®…‰Æ˙“ V……x…EÚ…Æ˙“ ®…Â EÚ…‰<« ®…Ω˛i¥……⁄h…« ]ı…h…“ |…∫i…÷i… EÚÆ˙x…‰ E‰Ú ±…B x…Ω˛” ΩË˛*

¶……Æ˙i… E‰Ú x…™…∆j…EÚ B¥…∆ ®…Ω˛… ±…‰J………Æ˙“I…EÚ EÚ“ i…Æ˙°Ú ∫…‰

(V……Ïx… E‰Ú ∫…±±…‰]ı) |…v……x… x…n‰∂…EÚ ¥…… h…ŒV™…EÚ ±…‰J…… …Æ˙“I……

i…l…… …n‰x… ∫…n˘∫™…, ±…‰J…… …Æ˙“I…… §……‰b«, S…‰z…Ë

∫l……x… : x…<« n˘±±…“i……Æ˙“J… : 17.09.12


COMMENTS OF THE COMPTROLLER AND AUDITOR GENERAL OF INDIA

UNDER SECTION 619(4) OF THE COMPANIES ACT, 1956 ON THE ACCOUNTS OF

HLL LIFECARE LIMITED, THIRUVANANTHAPURAM

FOR THE YEAR ENDED 31st MARCH 2012

The preparation of financial statements of HLL Lifecare Limited, Thiruvananthapuram for the year ended31st March 2012 in accordance with the financial reporting framework prescribed under the Companies Act1956, is the responsibility of the management of the Company. The statutory auditor appointed by theComptroller and Auditor General of India under Section 619 (2) of the Companies Act, 1956 is responsiblefor expressing opinion on these financial statements under Section 227 of the Companies Act, 1956 basedon independent audit in accordance with auditing and assurance standards prescribed by their professionalbody, the Institute of Chartered Accountants of India. This is stated to have been done by them vide their AuditReport dated 12.09.2012.

I, on behalf of the Comptroller and Auditor General of India have condutcted a supplementary audit underSection 619(3)(b) of the Companies Act, 1956 of the financial statements of HLL Lifecare Limited,Thiruvananthapuram for the year ended 31st March 2012. This supplementary audit has been carried outindependently without access to the working papers of the statutory auditor and is limited primarily toinquiries of the statutory auditor and company personnel and a selective examination of some of the accountingrecords.

Based on my supplementary audit, nothing significant has come to my knowledge which would give rise toany comment upon or supplement to statutory auditor's report under Section 619 (4) of the Companies Act1956.

For and on behalf of the

Comptroller and Auditor General of India

(JOHN.K. SELLATE)

Pr. Director of Commercial Audit &

Ex-Officio Member, Audit Board-IVPlace : New DelhiDated : 17.09.2012

104 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

®…∆b˜±… EÚ“ i…Æ˙°Ú ∫…‰ ∫…∆§…r˘ <∫…“ i……Æ˙“J… EÚ“ Ω˛®……Æ˙“ Æ˙……‰]«ı n‰˘J…ÂEfiÚi…‰ +x…∆ ∆i…x… Bhb˜ ∫…÷∆n˘Æ˙®…

∫…x…n˘“ ±…‰J……EÚ…Æ°Ú®…« x…∆. 000148 B∫…˙

b˜…Ï. B®….+™™……x… b˜…Ï. B.E‰Ú. …hb˜… +…Æ˙˙.…“. J…hb‰˜±…¥……±… …“. ∏…“E÷Ú®……Æ˙ ¥…“. ®…“x……I…“ ∫…÷xn˘Æ˙®…+v™…I… B¥…∆ x…n‰˘∂…EÚ x…n‰˘∂…EÚ ( ¥…k…) E∆Ú…x…“ ∫… S…¥… B¥…∆ ∫……Z…‰n˘…Æ˙|…§…∆v… x…n‰˘∂…EÚ =……v™…I…Ú (∫…“ B B∫…) ∫…n˘∫™… ∫…∆. 020120x…<« n˘±±…“14.08.2012

31 ®……S…«, 2012 EÚ… i…÷±…x…-…j… ¥…¥…Æ˙h… ]ı…h…“ ∫…∆ 2011-12 2010-11

` ±……J……Â ®…Â ` ±……J……Â ®…ÂEÚ <ŒC¥…]ı“ ¥… n‰˘™…i……1 +∆∂…v…… Æ˙™……Â EÚ“ x… v…

(EÚ) ∂…‰™…Æ˙ …⁄ƒV…“ 3 1,553.50 1,553.50(J…) +…Æ˙ I…i… i…l…… + v…∂…‰π… 4 15,912.59 14,042.50

17,466.09 15,596.002 ∂…‰™…Æ˙ …⁄ƒV…“ …Æ˙ …‰∂…M…“ 3(EÚ) 2,800.00 -3 M…ËÆ˙-S……±…⁄ n‰˘™…i……Bƒ

(EÚ) n˘“P…«EÚ…±…“x… =v……Æ˙ 5 1,847.51 2,249.61(J…) +…∫l… M…i… EÚÆ˙ n‰˘™…i…… ( x…¥…±…) 23 353.76 351.37

2,201.27 2,600.984 S……±…⁄ n‰˘™…i……Bƒ

(EÚ) ø∫¥…EÚ…±…“x… =v……Æ˙ 6 13,269.89 13,511.85(J…) ¥™…………Æ˙ n‰˘™… 7 7,910.55 8,294.67(M…) S……±…⁄ n‰˘™…i……Bƒ 8 13,195.19 11,463.00(P…) +±…EÚ…±…“x… ¥™…¥…∫l……Bƒ 9 1,971.74 1,980.81

36,347.37 35,250.335 EÚ…‰x]≈ı… E‰Ú +x…÷∫……Æ˙ x™……∫… E‰Ú +v…“x… Ω÷˛<« … Æ˙™……‰V…x……+…Â E‰Ú ±…B

|……i… …‰∂… M…™……ƒ 41,587.66 30,073.24 E÷Ú±… 1,00,402.39 83,520.55(J…) … Æ˙∫…∆… k…™……ƒM…ËÆ˙-S……±…⁄ … Æ˙∫…∆… k…™……ƒ(¬EÚ) +S…±… … Æ˙∫…∆… k…™……ƒ(i) ®…⁄i…« … Æ˙∫…∆… k…™……ƒ 10 EÚ 12,467.92 11,651.22(ii) +®…⁄i…« … Æ˙∫…∆… k…™……ƒ 10 J…Ú 722.29 23.36(iii) S……±…⁄ …⁄ƒV…“ EÚ…™…« 10 M…Ú 3,062.41 1,581.17

16,252.62 13,255.75(J…) M…ËÆ˙-S……±…⁄ x…¥…‰∂… 11 785.42 785.42

2 S……±…⁄ … Æ˙∫…∆… k…™……ƒ(EÚ) ¥…∫i…÷∫…⁄ S…™……Ì 12 7,434.83 5,739.31(J…) ¥™…………Æ˙ |……™… ¥…∫i…÷Bƒ 13 24,421.82 22,699.23(M…) Æ˙…‰EÚc˜ ¥… ∫…®…®…⁄±™… Æ˙…‰EÚc˜ 14 1,423.70 5,092.95(P…) ø∫¥…EÚ…±…“x… @Òh… i…l…… …‰∂… M…™……ƒ 15 6,446.74 4,365.05(c˜) +x™… S……±…⁄ … Æ˙∫…∆… k…™……ƒ 16 2,049.60 1,509.60

41,776.69 39,406.143 EÚ…‰x]≈ı… E‰Ú +x…÷∫……Æ˙ x™……∫… E‰Ú +v…“x… Ω÷˛<« … Æ˙™……‰V…x……+…Â E‰Ú

Æ˙…‰EÚc˜ ¥… §…ÈEÚ ∂…‰π… 41,587.66 30,073.24 E÷Ú±… 1,00,402.39 83,520.55

¥…k…“™… ¥…¥…Æ˙h… E‰Ú Ω˛∫∫…‰ E‰Ú ∞¸… ®…Â ∫…∆±…Mx… ]ı… h…™……ƒ n‰J…Â*


BALANCE SHEET AS ON 31st MARCH 2012

Dr. M. Ayyappan Dr. A.K. Panda R.P. Khandelwal P. Sreekumar V. Meenakshi SundaramChairman Director Director (Finance) Company Secretary Partner& Managing Director & VP (CAS) Membership No : 020120New Delhi14.08.2012

For and on behalf of the Board Vide our report of even date attachedFor ANANTHAN & SUNDARAM

Chartered AccountantsFirm No. 000148S

Particulars Note No 2011-12 2010-11(` in lacs) (` in lacs)

A. EQUITY AND LIABILITIES1. Shareholders' funds

(a) Share Capital 3 1,553.50 1,553.50(b) Reserves & Surplus 4 15,912.59 14,042.50

17,466.09 15,596.002. Advance against Share Capital 3 (A) 2800.00 -3. Non-current liabilities

(a) Long-term borrowings 5 1,847.51 2,249.61(b) Deferred tax liabilites 23 353.76 351.37

2,201.27 2,600.984. Current liabilities

(a) Short-term borrowings 6 13,269.89 13,511.85(b) Trade payables 7 7,910.55 8,294.67(c) Other current liabilities 8 13,195.19 11,463.00(d) Short-term provisions 9 1,971.74 1,980.81

36,347.37 35,250.335. Advance Received for Projects held under Trust

as per contra 41,587.66 30,073.24

TOTAL 1,00,402.39 83,520.55B. ASSETS1. Non-current assets

(a) Fixed assetsi) Tangible assets 10.A 12,467.92 11,651.22ii) Intangible assets 10.B 722.29 23.36iii) Capital work-in-progress 10.C 3,062.41 1,581.17

16,252.62 13,255.75(b) Non-current investments 11 785.42 785.42

2. Current assets(a) Inventories 12 7,434.83 5,739.31(b) Trade receivables 13 24,421.82 22,699.23(c) Cash and cash equivalents 14 1,423.70 5,092.95(d) Short-term loans and advances 15 6,446.74 4,365.05(e) Other current assets 16 2,049.60 1,509.60

41,776.69 39,406.143. Cash and Bank balances of Projects held under

Trust as per contra 41,587,66 30,073.24TOTAL 1,00,402.39 83,520.55

See accompanying notes forming part of thefinancial statements

106 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012


∫…x…n˘“ ±…‰J……EÚ…Æ°Ú®…« x…∆. 000148 B∫…˙

b˜…Ï. B®….+™™……x… b˜…Ï. B.E‰Ú. …hb˜… +…Æ˙˙.…“. J…hb‰˜±…¥……±… …“. ∏…“E÷Ú®……Æ˙ ¥…“. ®…“x……I…“ ∫…÷xn˘Æ˙®…+v™…I… B¥…∆ x…n‰˘∂…EÚ x…n‰˘∂…EÚ ( ¥…k…) E∆Ú…x…“ ∫… S…¥… B¥…∆ ∫……Z…‰n˘…Æ˙|…§…∆v… x…n‰˘∂…EÚ =……v™…I…Ú (∫…“ B B∫…) ∫…n˘∫™… ∫…∆. 020120x…<« n˘±±…“14.08.2012

31 ®……S…«, 2012 EÚ…‰ ∫…®……i… ¥…π…« EÚ… ±……¶…-Ω˛… x… ¥…¥…Æ˙h…

1 |…S……±…x……Â ∫…‰ Æ˙…V…∫¥… (∫…EÚ±…) 17 61,008.33 53,438.25x™…⁄x… : =i……n˘ ∂…÷±EÚ (152.61) (127.630|…S……±…x……Â ∫…‰ Æ˙…V…∫¥… ( x…¥…±…) 60,855.72 55,310.62

2 +x™… +…™… 18 1037.30 809.233 E÷Ú±… Æ˙…V…∫¥… (1+2) 61,893.02 54,119.85

4 ¥™…™…(EÚ) =…¶…÷HÚ ®……±… EÚ“ ±……M…i… 19 (EÚ) 13,950.58 13,783.57(J…) ¥™………EÚ ∫]ı…ÏEÚ E‰Ú GÚ™… 19 (J…) 8,663.04 8,092.73(M…) i…Ë™……Æ˙ ®……±… ∫]ı…ÏEÚ, S……±…⁄ EÚ…™…« |…M…˘ i… ®…Â +…ËÆ˙ ¥™…………Æ˙

∫]ı…ÏEÚ EÚ“ ¥…∫i…÷∫…⁄S…“ ®…Â … Æ˙¥…i…«x… 19 (M…) (936.50) 7.86(P…) EÚ®…«S……Æ˙“ Ω˛i…±……¶… ¥™…™… 20 10,962.42 9,941.30(RÛ) ¥…k… ±……M…i… 21 775.83 524.37(S…) ®…⁄±™…ø…∫… B¥…∆ … Æ˙∂……‰v…x… ¥™…™… 10.P… 1,581.47 1,439.22(UÙ) +x™… ¥™…√™… 22 15,677.90 14,058.82(V…) ‰ˆEÚ… ¥™…™… 8,161.90 2,522.57

5 E÷Ú±… ¥™…™… 58,836.64 51,370.446 EÚÆ˙ E‰Ú …⁄¥…« ±……¶…/(Ω˛… x…) (3-5) 3,056.38 2,749.417 EÚÆ˙ ¥™…™…

(EÚ) S……±…⁄ ¥…π…« E‰Ú ±…B S……±…⁄ EÚÆ˙ ¥™…™… 986.86 882.13(J…) …⁄¥…« ¥…π……Á E‰Ú ±…B ∫…∆§…∆ v…i… S……±…⁄ …Æ˙ ¥™…™… 13.07 -(M…) +…∫l… M…i… EÚÆ˙ 2.40 23.79

1,002.33 905.928 ¥…π…« E‰Ú ±…B ±……¶…/(Ω˛… x…) (6-7) 2,054.05 1,83.498.i +V…«x… |… i… ∂…‰™…Æ˙ ` ®…Â ` ®…Â

(EÚ) ®…⁄±…(i) ∫…i…i… |…S……±…x… 1,322.21 1,186.67(ii) E÷Ú±… |…S……±…x… 1,322.21 1,186.67(J…) Ω˛±EÚ…(i) ∫…i…i… |…S……±…x… 1,322.21 1,186.67(ii) E÷Ú±… |…S……±…x… 1,322.21 1,186.67

8..ii+V…«x… |… i… ∂…‰™…Æ˙ (+∫……v……Æ˙h… ®…n˘…Â EÚ…‰ UÙ…‰b˜EÚÆ˙)(EÚ) ®…⁄±…(i) ∫…i…i… |…S……±…x… 1,322.21 1,186.67(ii) E÷Ú±… |…S……±…x… 1,322.21 1,186.67(J…) Ω˛±EÚ…(i) ∫…i…i… |…S……±…x… 1,322.21 1,186.67(ii) E÷Ú±… |…S……±…x… 1,322.21 1,186.67

¥…k…“™… ¥…¥…Æ˙h… E‰Ú Ω˛∫∫…‰ E‰Ú ∞¸… ®…Â ∫…∆±…Mx… ]ı… h…™……ƒ n‰˘J…Â*

¥…¥…Æ˙h… ]ı…h…“ ∫…∆ 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…


Dr. M. Ayyappan Dr. A.K. Panda R.P. Khandelwal P. Sreekumar V. Meenakshi SundaramChairman Director Director (Finance) Company Secretary Partner& Managing Director & VP (CAS) Membership No : 020120New Delhi14.08.2012



STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDED 31ST MARCH 2012Particulars Note No 2011-12 2010-11

(` in lacs) (` in lacs)

1. Revenue from operations (gross) 17 61,008.33 53,438.25Less: Excise duty (152.61) (127.63)Revenue from operations (net) 60,855.72 53,310.62

2. Other income 18 1,037.30 809.233. Total revenue (1+2) 61,893.02 54,119.854. Expenses

(a) Cost of materials consumed 19.A 13,950.58 13,783.57(b) Purchases of stock-in-trade 19.B 8,663.04 8,092.73(c) Changes in inventories of finished goods,

work-in-progress and stock-in-trade 19.C (936.50) 7.86(d) Employee benefits expense 20 10,962.42 9,941.30(e) Finance costs 21 775.83 524.37(f) Depreciation and amortisation expense 10.D 1,581.47 1,439.22(g) other expenses 22 15,677.90 14,058.82(h) Contract Expenses 8,161.90 3,522.57

5. Total expenses 58,836.64 51,370.446. Profit/(Loss) before tax (3-5) 3,056.38 2,749.417. Tax expenses :

(a) Current tax expenses for current year 986.86 882.13(b) Current tax expense relating to prior years 13.07 -(c) Deferred tax 2.40 23.79

1,002.33 905.928. Profit./(loss) for the year (6-7) 2,054.05 1,843.498.i Earnings per share (in ` ) (in `)

(a) Basic(i) Continuing operations 1,322.21 1,186.67(II)Total operations 1,322.21 1,186.67

(b) Diluted(i) Continuing operations 1,322.21 1,186.67(II)Total operations 1,322.21 1,186.67

8.ii Earnings per share (excluding extraordinaryitems)(a) Basic

(i) Continuing operations 1,322.21 1,186.67(II)Total operations 1,322.21 1,186.67

(b) Diluted(i) Continuing operations 1,322.21 1,186.67(II)Total operations 1,322.21 1,186.67

See accompanying notes forming part of thefinancial statements

108 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

¥…π…« 2011-12 E‰Ú x…EÚn˘ |…¥……Ω˛ ¥…¥…Æ˙h…˜ 2011 -12 2010 -11

` ±……J……Â ®…Â `±……J……Â ®…Â

EÚ |…S……±…x… EÚ…™…«EÚ±…………Â ∫…‰ x…EÚn˘ |…¥……Ω˛+∫……v……Æ˙h… ®…n˘…Â +…ËÆ˙ EÚÆ˙ E‰Ú …⁄¥…« ±……¶… 3,056.38 2,749.41∫…®……™……‰V…x…:®…⁄±™…ø…∫… +…ËÆ˙ … Æ˙∂……‰v…x… 1,581.47 1,445.27+S…±… … Æ˙∫…∆… k…™……Â EÚ“ §…GÚ“ …Æ˙ Ω˛… x… 15.86 -+S…±… … Æ˙∫…∆… k…™……Â EÚ“ §…GÚ“ …Æ˙ ±……¶… (4.15) (19.42) ¥…k… ±……M…i… 775.83 524.37§™……V… +…™… (520.58) (129.16)

S……±…⁄ …⁄ƒV…“ … Æ˙¥…i…«x… E‰Ú …⁄¥…« |…S……±…x… ±……¶…/(Ω˛… x…) 4,904..80 4,570.47S……±…⁄ …⁄ƒV…“ ®…Â … Æ˙¥…i…«x…|…S……±…x… … Æ˙∫…∆… k…™……Â ®…Â (¥…fi r˘)/EÚ®…“ E‰Ú ±…B ∫…®……™……‰V…x…&¥…∫i…÷∫…⁄S…“- 1,695.52 (420.09)¥™…………Æ˙ |……™… ¥…∫i…÷Bƒ (1,722.59) (5,699.27)ø∫¥…EÚ…±…“x… @Òfih… i…l…… …‰∂… M…™……ƒ (2,081.69) (4,445.07)+x™… S……±…⁄ … Æ˙∫…∆… k…™……ƒ (540.00) (2,221.75)|…S……±…x… n‰˘™…i……+…Â ®…Â (¥…fi r˘)/EÚ®…“ E‰Ú ±…B ∫…®……™……‰V…x…& ¥…∂¥…¥™…………Æ˙ |……™… ¥…∫i…÷Bƒ (384.12) 1,889.36+x™… S……±…⁄ n‰˘™…i……™…Â 1,047.36 2,784.35+±…EÚ…±…“x… |……¥…v……x… 113.18 569.38|…S……±…x… ∫…‰ §…x……™…“ Æ˙…‰EÚc˜ (358.57) (2,972.63)+…™… EÚÆ (˙|…n˘k…)/¥………∫…“ (520.00) (802.09)|…S……±…x… EÚ…™…«EÚ±…………Â ∫…‰ (|…™…÷HÚ) x…¥…±… x…EÚn˘ |…¥……Ω˛ - (EÚ) (878.57) (3,774.72)

J… x…¥…‰∂…“ EÚ…™…«EÚ±…………Â ∫…‰ x…EÚn˘ |…¥……Ω˛S……±…⁄ …⁄ƒV…“ EÚ…™…« ®…Â |…M… i… (1,481.24) (1,350.76)+S…±… … Æ˙∫…∆… k…™……Â ®…Â x…¥…‰∂… (2,946.82) (942.24)+S…±… … Æ˙∫…∆… k…™……Â EÚ“ §…GÚ“ 7.50 83.23|……i… §™……V… 520.58 129.16§…ÈEÚ W…®…… ®…Â x…¥…‰∂… (i…“x… ∫…‰ + v…EÚ ®…Ω˛“x……Â E‰Ú ®…⁄±… … Æ˙…C¥…i…… Ω˛…‰x…… ¥……±…‰˛) 3,068.66 (94.85) x…¥…‰∂… EÚ…™…«EÚ±…………Â ∫…‰ (|…™…÷HÚ) x…¥…±… x…EÚn˘ |…¥……Ω˛ (J…) (831.32) (2,175.46)

M… ¥…k…“™…x… EÚ…™…«EÚ±…………Â ∫…‰ x…EÚn˘ |…¥……Ω˛n˘“P…«EÚ…±…“x… @Òh……‰∆ ∫…‰ |……Œi…™……ƒ (402.10) (279.90)+x™… +±…EÚ…±…“x… @Òh……‰∆ ∫…‰ |……Œi…™……ƒ (241.96) 7,567.95 ¥…k… ±……M…i… - |…n˘k… §™……V… (775.83) 524.37)∂…‰™…Æ˙ +…¥…‰n˘x… EÚ“ x…M…«®… |……Œi…™……ƒ 2,800.00 -|…n˘k… ±……¶……∆∂… (233.03) (233.03)±……¶……∆∂… …Æ˙ EÚÆ˙ (37.80) (39.60) ¥…k…“™…x… EÚ…™…«EÚ±…………Â ∫…‰ |…™…÷HÚ x…¥…±… x…EÚn˘ |…¥……Ω˛ (M…) 1,109.29 6,491.05


CASH FLOW STATEMENT FOR THE YEAR 2011-12



A. Cash flow from operating activitiesProfit before extraordinary items and tax 3,056.38 2,749.41

Adjustments for :Depreciation and amortisation 1,581.47 1,445.27Loss on sale of fixed assets 15.86 -Profit on sale of fixed assets (4.15) (19.42)Finance costs 775.83 524.37Interest income (520.58) (129.16)

Operating profit/(Loss) before working capital changes 4,904.80 4,570.47Changes in workng capital :Adjustment for (increase/(decrease) in operating assets :

Inventories (1,695.52) (420.09)Trade receivables (1,722.59) (5,699.27)Short-term loans and advances (2,081.69) (4,445.07)other current assets (540.00) (2,221.75)

Adjustment for increase/(decrease) in operating liabilities :Trade payables (384.12) 1,889.36Other current liabilities 1,047.36 2,784.35Short-term provisions 113.18 569.38

Cash generated from operations (358.57) (2,972.63)Net Income tax (paid)/refunds (520.00) (802.09)Net cash flow from/(used in) operating activities (A) (878.57) (3,774.72)B. Cash flow from investing activitiesCapital Work - in - Progress (1,481.24) (1,350.76)Investment in Fixed Assets (2,946.82) (942.24)Sale of fixed assets 7.50 83.23Interest received 520.58 129.16Investments in bank deposits (having original maturity of morethan three months) 3,068.66 (94.85)Net cash flow from/(used in) investing activities (B) (831.32) (2,175.46)C. Cash flow from financing activitiesProceeds from long-term borrowings (402.10) (279.90)Proceeds from other short-term borrowings (241.96) 7,567.95Finance cost - Interest paid (775.83) (524.37)Issue Proceeds of Share Application 2,800.00 -Dividend paid (233.03) (233.03)Tax on dividend (37.80) (39.60)Net Cash flow from/(used in) financing activities (C) 1,109.29 6,491.05

110 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012


∫…x…n˘“ ±…‰J……EÚ…Æ°Ú®…« x…∆. 000148 B∫…˙

b˜…Ï. B®….+™™……x… b˜…Ï. B.E‰Ú. …hb˜… +…Æ˙˙.…“. J…hb‰˜±…¥……±… …“. ∏…“E÷Ú®……Æ˙ ¥…“. ®…“x……I…“ ∫…÷∆n˘Æ˙®…+v™…I… B¥…∆ x…n‰˘∂…EÚ x…n‰˘∂…EÚ ( ¥…k…) E∆Ú…x…“ ∫… S…¥… B¥…∆ ∫……Z…‰n˘…Æ˙|…§…∆v… x…n‰˘∂…EÚ =……v™…I…Ú (∫…“ B B∫…) ∫…n˘∫™… ∫…∆. 020120

x…<« n˘±±…“14.08.2012

x…EÚn˘ B¥…∆ x…EÚn˘ i…÷±™……∆EÚ ®…Â x…¥…±… ¥…fi r˘/(EÚ®…“) (EÚ)+(J…)+(M…) (600.59) (540.87)¥…π…« E‰Ú +…Æ∆˙¶… ®…Â x…EÚn˘ B¥…∆ x…EÚn˘ i…÷±™……∆EÚ 1,111.68 570.81¥…π…« E‰Ú +∆i… ®…Â x…EÚn˘ B¥…∆ x…EÚn˘ i…÷±™……∆EÚ 511.09 1,111.68i…÷±…x… …j… E‰Ú ∫……l…ı x…EÚn˘ i…l…… x…EÚn˘ i…÷±™……∆EÚ EÚ… ∫…®……v……x…i…÷±…x… …j… E‰Ú +x…÷∫……Æ˙ x…EÚn˘ i…l…… x…EÚn˘ i…÷±™……∆EÚ ( ]ı…h…“ 14 n‰˘J…Â ) 1,423.70 5,092.50

x™…⁄x…& x…EÚn˘ |…¥……Ω˛ ¥…¥…Æ˙h… BB∫… 3 ®…Â … Æ˙¶…… π…i… V…Ë∫…‰ x…EÚn˘ i…l…… x…EÚn˘

i…÷±™……∆EÚ §…ËEÚ ∂…‰π… E‰Ú ∞¸… ®…Â x…Ω˛” ®……x…… M…™…… ΩË˛* (912.61) (3,981.27)

]ı…h…“ 14 ®…Â ∂…… ®…±… EÚB x…¥…±… x…EÚn˘ i…l…… x…EÚn˘ i…÷±™……∆EÚ

(x…EÚn˘ |…¥……Ω˛ ¥…¥…Æ˙h… BB∫… 3 ®…Â … Æ˙¶…… π…i… V…Ë∫…‰) 511.09 1,111.68

¥…π…« E‰Ú +∆i… ®…Â x…EÚn˘ B¥…∆ x…EÚn˘ i…÷±™……∆EÚ*

∫…®…… ¥…π]ı *

(EÚ) Æ˙…‰EÚc˜ ∂…‰π…˘ 19.11 65.59

(J…) §…ÈEÚ…Â E‰Ú ∫……l… ∂…‰π…˘

(i) S……±…⁄ J……i…‰ ®…Â 451.62 1,005.95

(ii) <<B°Ú∫…“ J……i…‰ ®…Â 40.36 40.14

5,11.09 1,111.68

1. =…™…÷«HÚ x…EÚn˘ |…¥……Ω˛ ¥…¥…Æ˙h… ¶……Æ˙i…“™… ∫…x…n˘“ ±…‰J……EÚ…Æ˙ E‰Ú ∫…∆∫l……x… u˘…Æ˙… V……Æ˙“ B B∫…-3 ®…Â x…Ãn˘π]ı …Æ˙…‰I… |…h……±…“ E‰Ú +v…“x… i…Ë™……Æ˙ EÚ™…… M…™…… ΩË˛*

2. <∫… ∫……±… E‰Ú |…∫i…÷i…“EÚÆ˙h… E‰Ú +x…÷∞¸… Ω˛…‰x…‰ EÚ“ +…‰Æ˙ …UÙ±…‰ ¥…π…« E‰Ú +…ƒEÚc…‰∆ EÚ…‰ V…Ω˛…ƒ +…¥…∂™…EÚ Ω˛…‰, …÷x…¥…«M…‘EÚÆ˙h… EÚ™…‰ M…™…‰ ΩË˛∆*

3. x…EÚn˘ |…¥……Ω˛ ®…Â x™……∫… E‰Ú +v…“x… Æ˙Ω˛“ … Æ˙™……‰V…x…… x… v… E‰Ú ±…‰x… - n‰˘x… +…ËÆ˙ Ø˚. 41587.66 ±……J… (Ø˚. 30073.24±……J…) E‰Ú ∂…‰π…∂…… ®…±… x…Ω˛” ΩË˛*

¥…¥…Æ˙h…˜ 2011 -12 2010 -11` ±……J……Â ®…Â ` ±……J……Â ®…Â


Net increase/(decrease) in cash and cash equivalents (A+B+C) (600.59) 540.87

Cash and cash equivalents at the beginning of the year 1,111.68 570.81

Cash and cash equivalents at the end of the year 511.09 1,111.68

Reconciliation of cash and cash equivalents with the Balancesheet :

Cash and cash equivalents as per Balance Sheet (Refer Note 14) 1,423.70 5,092.95

Less : Bank balances not considered as cash and cash

equivalents as defined in AS 3 Cash Flow Statements (912.61) (3,981.27)

Net Cash and cash equivalents (as defined in AS 3 Cash Flow

Statements) included in Note 14 511.09 1,111.68

Cash and cash equivalents at the end of the year*

* Comprises

(a) Cash on hand 19.11 65.59

(b) Balances with banks

(i) In current accounts 451.62 1,005.95

(ii) In EEFC accounts 40.36 40.14

511.09 1,111.68



Dr. M. Ayyappan Dr. A.K. Panda R.P. Khandelwal P. Sreekumar V. Meenakshi SundaramChairman Director Director (Finance) Company Secretary Partner& Managing Director & VP (CAS) Membership No : 020120

New Delhi14.08.2012

1 The above Cash Flow Statement has been prepared under the indirect method set out in the AS - 3issued by the Institute of Chartered Accountants of India.

2 The previous year’s figures have been re-grouped whereever necessary in order to conform to thisyear’s presentation.

3 Transactions of project funds held under Trust and balance of ` 41,587.66 lacs (previous year` 30,073.24 lacs) are not included in the Cashflow

Particulars 2011-12 2010-11(` in lacs) (` in lacs)

112 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

]ı…h…“ 4 +…Æ˙ I…i… i…l…… + v…∂…‰π…

]ı…h…“ 5 n˘“P…«EÚ… ±…EÚ =v……Æ˙

(EÚ) ∫……®……x™… +…Æ˙ I…i…

+l… ∂…‰π… 14,003.99 12,470.75

V……‰b˜ : 2011-2012 ®…Â …⁄ƒV…“EfiÚi…, B∫… B …“ E‰Ú EÚ…™……«x¥…™…x… E‰Ú ±…B

2010-11 ®…Â J…S…« EÚB ¥™…™…* 86.87 -

V……‰b˜ : ±……¶… ¥… Ω˛… x… E‰Ú ¥…¥…Æ˙h… ®…Â + v…∂…‰π… ∫…‰ +∆i… Æ˙i… 1,734.09 1,533.24

V……‰b˜ : ¥…π…« E‰Ú n˘…ËÆ˙…x… ∫…“ B∫… +…Æ˙ E‰Ú ±…B +…Æ˙ I…i… x… v… ∫…‰ +∆i… Æ˙i… 38.51 -

+∆ i…®… ∂…‰π… 15,863.46 14,003.99

(J…) EÚ…Ï……ÊÆ‰˙]ı ∫……®…… V…EÚ =k…Æ˙n˘… ™…i¥… (∫…“B∫…+…Æ˙) x… v…

+l… ∂…‰π… 38.51 -

V……‰b˜: ¥…π…« E‰Ú n˘…ËÆ˙…x… … Æ˙¥…v…«x…/+∆i…Æ˙h… 49.13 -

x™…⁄x…˜: ¥…π…« E‰Ú n˘…ËÆ˙…x… ∫……®……x™… +…Æ˙ I…i… EÚ“ +…‰Æ˙ +∆i… Æ˙i… 38.51 38.51

+∆ i…®… ∂…‰π… 49.13 38.51

(M…) ±……¶… ¥… Ω˛… x… E‰Ú ¥…¥…Æ˙h… ®…Â + v…∂…‰π…/P……]ı…

+l… ∂…‰π…

V……‰b˜ : ¥…π…« E‰Ú ±…B ±……¶…/(Ω˛… x…) 2,054.05 1,843.49

x™…⁄x… : |…∫i…… ¥…i… ±……¶……∆∂…

<ŒC¥…]ı“ ∫……®™…… ∂…‰™…Æ˙v……Æ˙EÚ…Â EÚ…‰ |…∫i…… ¥…i… ±……¶……∆∂… (`150 |… i… ∂…‰™…Æ˙) 233.03 233.03

±……¶……∆∂… …Æ˙ EÚÆ˙ 37.80 38.71

+∆i… Æ˙i… :

∫…“B∫…+…Æ˙ x… v… E‰Ú ±…B +…Æ˙ I…i… 49.13 38.51

∫……®……x™… +…Æ˙ I…i… 1,734.09 1,533.24

+∆ i…®… ∂…‰π…

E÷Ú±… 15,912.59 14,042.50

(EÚ) +…¥… v…EÚÆ˙h… @Òh…

∫]‰ı] §…ÈEÚ +…Ï°Ú <∆ b˜™…… ∫…‰ - |… i…¶…⁄i…

¶……Æ˙i…“™… Ø˚…B @Òh… - -

¥…n‰˘∂…“ ®…÷p˘… @Òh… 1,529.01 719.22

(J…) +x™… @Òh… ¥… + O…®…

¥…n‰˘∂…“ ®…÷p˘… G‰Úi…… EÚ“ ∫……J…-=v……Æ˙ 318.50 1,520.39

E÷Ú±… 1,847.51 2,249.61

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â


Note 4 Reserves and surplus

(a) General reserve

Opening balance 14,003.99 12,470.75

Add : Expenses incurred in 2010-11 for implementation of SAP,capitalised in 2011-12 86.87 -

Add : Transferred from surplus in Statement of Profit and Loss 1,734.09 1,533.24

Add : Transferred during the year from Reserve for CSR 38.51 -

Closing balance 15,863.46 14,003.99

(b) Reserve for Corporate Social Responsibility (CSR) Activities

Opening balance 38.51 -

Add : Additions/transfers during the year 49.13 38.51

Less : Transferred during the year to General Reserve 38.51 -

Closing balance 49.13 38.51

(c) Surplus / (Deficit) in Statement of Profit and Loss

Opening balance

Add : Profit / (Loss) for the year 2,054.05 1,843.49

Dividend proposed to equity shareholders (` 150 per share) 233.03 233.03

Tax on dividend 37.80 38.71

Transferred to :

Reserves for CSR 49.13 38.51

General Reserve 1,734.09 1,533.24

Closing balance

Total 15,912.59 14,042.50

Note 5 Long-term borrowings

(a) Term loans

From State Bank of India - Secured

Indian rupee loan - -

Foreign currency loan 1,529.01 719.22

(b) Other loans and Advances

Foreign currency Buyers Credit 318.50 1,530.39

Total 1,847,51 2,249.61

Particulars 2011-12 2010-11` lacs ` lacs


114 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

¥…¥…Æ

˙h…S…÷EÚ…Ëi…

“ ¥…

|… i…¶

…⁄ i… E‰Ú ∂

…i…«*

2011

-12

2010

-11

|… i…¶

…⁄i…+|… i…¶

…⁄i…|… i…¶

…⁄i…+|… i…¶

…⁄i…

` ±……J

……Â ®…Â

` ±……J

……Â ®…Â

` ±……J

……Â ®…Â

` ±……J

……Â ®…Â

§…ÈEÚ…Â

∫…‰ +

…¥… v…

EÚ @

Òh…

∫]‰ı]ı §…ÈEÚ +…Ï°Ú <∆ b˜™……

Ø˚…™

…… +…¥… v…

EÚ @

Òh…

(EÚ)

¶…⁄ ®…

¥… ®…E

Ú…x… EÚ…‰ UÙ…‰b

˜EÚÆ˙

E∆Ú…x

…“EÚ“ +S…±… … Æ

˙∫…∆… k…™……

Â …Æ˙ |…l…®…

S……V…«

--

154.

85

¥…n‰˘∂

…“ ®…÷p

˘… @Ò

h…(J

…)x……

‰Bb˜… EÚ“ ¶…⁄ ®…

…Æ˙

2,95

6,50

862.

70∫……Œ®

™…EÚ §…∆v

…EÚ

2,95

6.50

-1,

017.

55

(M…)

…⁄V……÷Æ˙…,

i…Ø˚¥…x

…∆i……÷Æ

˙®… E‰Ú ®…EÚ…x

…∫… Ω˛i…

¶…⁄ ®…

…Æ˙ ∫

…∆……Ã∑

…EÚ

E‰Ú ∞

¸… ®…Â ∫……Œ®

™…EÚ §…∆v

…EÚ *

E÷Ú±…-§…ÈEÚ…Â

∫…‰ +

…¥… v…

EÚ @

Òh…

x™…⁄x…

: +

M…±…‰ 12

®…Ω˛“x…

‰ ®…Â n‰˘™

…S……±…⁄ n‰˘™

…i……™…

Â1,

427.

4929

8.33

12 ®…Ω˛“x……ÂÂ

E‰Ú §……n

˘ n‰˘™…

1,52

9.01

719.

22

+x™… @Ò

h… +

…ËÆ˙ +

O…®…

G‰Úi……

+…Â EÚ“ ∫……J

…-=v……

Æ˙2,

380.

074,

426.

36

x™…⁄x…

: +

±…EÚ… ±…EÚ =

v…˘…Æ˙

2,06

1™57

2,89

5.97

318.

501,

530.

39

]ı…

h…“ : G‰Úi……

+…Â EÚ“ ∫……J… =v……

Æ˙ …⁄ƒV

…“M…i…

®…n˘…Â E‰Ú |………h… E‰Ú ±…B Ω

È˛ =…±

…§v…i…

… E‰Ú +

x…÷∫……Æ

˙ i…“x

… ¥…π

……Á i…E

Ú ……j…i……

ΩÈ˛ ™

…… =∫…EÚ…‰ ®…∆V

…⁄Æ˙ EÚB

+…¥… v…

EÚ @

Òh… ®…Â

… Æ˙¥…Ãi

…i… E

ÚÆÂ˙M…‰*

(i)

+x™… n˘“

P…«EÚ… ±

…EÚ =v……

Æ˙ E‰Ú ±…B

S…÷EÚ…Ëi…

“ E‰Ú ∂

…i…« E

‰Ú ¥…¥…Æ

˙h… +

…ËÆ˙ |……i…

+x™… n˘“

P…«EÚ… ±

…EÚ =v……

Æ˙ E‰Ú ∫

…∆§…∆v…

®…Â n˘“

M…<« |… i

…¶…⁄ i…

*


Par

ticu

lars

Term

s o

f re

paym

ent

and

secu

rity

*20

11-1

220

10-1

1

Sec

ure

dU

nse

cure

dS

ecu

red

Un

secu

red

` l

acs

` l

acs

` l

acs

` l

acs

Term

loan

s fr

om

ban

ks :

Sta

te B

ank

of I

ndia

Rup

ee T

erm

loa

n(a

)F

irst c

harg

e ov

er th

e fix

edas

sets

of

the

com

pany

excl

udin

g La

nd &

Bui

ldin

gs-

-15

4.85

-

For

eign

cur

renc

y lo

an(b

)E

quita

ble

Mor

tgag

e ov

erth

e la

nd a

t N

oida

2,95

6.50

862.

70-

(c)

Equ

itabl

e M

ortg

age

asco

llate

ral o

ver

the

land

with

build

ing

at P

ooja

ppur

a,T

riva

ndru

m.

Tota

l -

Term

loa

n fr

om b

anks

2,95

6.50

1,01

7.55

'

Less

: P

ayab

le w

ithin

nex

t12

mon

ths

trea

ted

as C

urre

ntL

iab

ilitie

s1,

427.

4929

8.33

Pay

able

afte

r 12

mon

ths

1,52

9.01

719.

22

Oth

er lo

ans

and

adva

nces

:

Buy

ers

Cre

dit

2,38

0.07

4,42

6.36

Less

: S

hort

Ter

m B

orro

win

gs2,

061.

572,

895.

97

318.

501,

530.

39

Not

e :

For

eign

Cur

renc

y B

uyer

s C

redi

t ar

e fo

r C

apita

l ite

m p

rocu

rem

ent,

elig

ible

for

rol

l ove

r up

to t

hree

yea

rs s

ubje

ct t

o av

aila

bilit

y, o

r el

se s

houl

dbe

con

vert

ed i

nto

sanc

tione

d Te

rm L

oan.

(I) D

etai

ls o

f ter

ms

of r

epay

men

t fo

r th

e o

ther

lon

g-t

erm

bo

rro

win

gs

and

sec

uri

ty p

rovi

ded

in r

esp

ect o

f th

e se

cure

d o

ther

lon

g-t

erm

bo

rro

win

gs

:

116 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

¥…¥…Æ

˙h…S…÷EÚ…Ëi…

“ ¥…

|… i…¶

…⁄ i… E‰Ú ∂

…i…«*

2011

-12

|… i…¶

…⁄i…+|… i…¶

…⁄i…|… i…¶

…⁄i…+|… i…¶

…⁄i…

` ±……J

……Â ®…Â

` ±……J

……Â ®…Â

` ±……J

……Â ®…Â

` ±……J

……Â ®…Â

§…ÈEÚ…Â

∫…‰ +

…¥… v…

EÚ @

Òh… :

∫]‰ı]ı §…ÈEÚ +…Ï°Ú <∆ b˜™……

Ø˚…™

…… +…¥… v…

EÚ @

Òh…

(EÚ)

¶…⁄ ®…

¥… ®…E

Ú…x… EÚ…‰ UÙ…‰b

˜EÚÆ˙

E∆Ú…x

…“ EÚ“ +S…±… … Æ

˙∫…∆… k…™……

Â…Æ

˙ |…l…®…

S……V

…«

¥…n‰˘∂

…“ ®…÷p

˘… @Ò

h…x…Ën

˘… x…EÚ ∫…‰¥…… |…¶…

…M…S…÷EÚ…Ëi…

“ ∫……Æ˙h…“- `

60

±……J… EÚ“ ∫…®…i

…÷±™…

b˜…Ï±…Æ˙ E

Ú“ ®……

∫…EÚ EÚ∫i…,

+∆ i…

®… ¶…÷M

…i……x…

®……S…«,

2014

∫…∆…E

«Ú EÚ…™…

…«±…™…

S…÷EÚ…Ëi…

“ ∫……Æ˙h…“- `

15

±……J… EÚ“ ∫…®…i

…÷±™…

b˜…Ï±…Æ˙ E

Ú“ ®……


+∆ i…

®… ¶…÷M

…i……x…

+H⁄Ú

§…Æ˙, 20

14

(EÚ)

x……‰Bb

˜… EÚ“ ¶…⁄

®… …Æ

˙˛ ∫……Œ®™…EÚ §…∆v

…EÚ:

EÚ…CEÚx……

b˜ °

ËÚC]ıÆ

˙“S…÷EÚ…Ëi…

“ ∫……Æ˙h…“- `

7 ±

……J… EÚ“ ∫…®…i

…÷±™…

b˜…Ï±…Æ˙ E

Ú“ ®……


+∆ i…

®… ¶…÷M

…i……x…

®……S…«˙,

2014

(J…)

…⁄V……÷Æ˙…,

i…Ø˚¥…x

…∆i……÷Æ

˙®… E‰Ú ®…EÚ…x

… ∫… Ω˛i…

+…CE÷Ú±…®…

°ËÚC]

ıÆ˙“ ¶…⁄ ®

… …Æ

˙ ∫…∆……Ã∑

…EÚ E‰Ú ∞

¸… ®…Â ∫……Œ®

™…EÚ

S…÷EÚ…Ëi…

“ ∫……Æ˙h…“- `

56.

25 ±

……J… EÚ“

§…∆v…

EÚ∫…®…i

…÷±™…

§…∆v…EÚ b˜…Ï±…Æ˙ E

Ú“ j…Ë®……


+∆ i…

®… ¶…÷M

…i……x…

+H⁄Ú

§…Æ˙, 20

15…‰∞

¸Æ˙EÚc˜… °ËÚC]

ıÆ˙“S…÷EÚ…Ëi…

“ ∫……Æ˙h…“- `

1.5

2 ±……J… EÚ“

∫…®…i

…÷±™…

b˜…Ï±…Æ˙ E

Ú“ j…Ë®……


+∆ i…

®… ¶…÷M

…i……x…

n˘∫…∆§…Æ

˙˙, 20

14

E÷Ú±…

--

154.

85-

613.

05-

--

183.

7131

7.91

85.3

594

.91

--

231.

7367

8.69

--

313.

6443

7.51

143.

4871

9.22

1,42

7.49

1,52

9.01

298.

3371

9.22

2,9

56.5

0

1,0

17.5

5

2010

-11

(ii)

+x™… n˘“

P…«EÚ… ±

…EÚ =v……

Æ˙ E‰Ú ±…B

S…÷EÚ…Ëi…

“ E‰Ú ∂

…i…« E

‰Ú ¥…¥…Æ

˙h… +

…ËÆ˙ |……i…

+x™… n˘“

P…«EÚ… ±

…EÚ =v……

Æ˙ E‰Ú ∫

…∆§…∆v…

®…Â n˘“

M…<« |… i

…¶…⁄ i…

*


Par

ticu

lars

Term

s o

f re

paym

ent

and

secu

rity

*20

11-1

2

Sec

ure

dU

nse

cure

dS

ecu

red

Un

secu

red

` l

acs

` l

acs

` l

acs

` l

acs

Term

loan

s fr

om

ban

ks :

Sta

te B

ank

of I

ndia

Rup

ee T

erm

loa

n(a

)Firs

t cha

rge

over

the

fixed

asse

ts o

f th

e co

mpa

nyex

clud

ing

Land

& B

uild

ings

For

eign

cur

renc

y lo

anD

iag

no

stic

Ser

vice

Div

isio

nR

epay

men

t sc

hedu

le-M

onth

lyin

stal

men

ts o

f do

llar

equi

vale

ntof

` 6

0 La

cs,

final

pay

men

tM

arch

201

4.

Lia

sio

n O

ffic

eR

epay

men

t sc

hedu

le-M

onth

lyin

stal

men

ts o

f do

llar

equi

vale

ntof

` 1

5 La

cs f

inal

pay

men

tO

ctob

er 2

014

(a)E

quita

ble

Mor

tgag

e ov

er t

heK

akka

nad

Fac

tory

land

at

Noi

da.

Rep

aym

ent

sche

dule

-Mon

thly

inst

alm

ents

of

dolla

req

uiva

lent

of

` 7

Lac

s, f

inal

paym

ent

Mar

ch 2

014

(b)E

quita

ble

Mor

tgag

e as

col

late

ral

over

the

land

with

bui

ldin

g at

Poo

japp

ura,

Triv

andr

um.

--

154.

85-

613.

05-

--

183.

7131

7.91

85.3

594

.91

--

231.

7367

8.69

--

313.

6443

7.51

143.

4871

9.22

1,42

7.49

1,52

9.01

298.

3371

9.22

Tota

l2,

956.

501,

017.

55

2010

-11

Akk

ula

m F

acto

ryR

epay

men

t sc

hedu

le-Q

uart

erly

inst

alm

ents

of

dolla

r eq

uiva

lent

of

` 5

6.25

Lac

s, f

inal

pay

men

tO

ctob

er 2

015

Per

oo

rkad

a F

acto

ryR

epay

men

t sc

hedu

le-Q

uart

erly

inst

alm

ents

of

US

D 1

.52

Lacs

,fin

al p

aym

ent

Dec

embe

r 20

14

(i) D

etai

ls o

f ter

ms

of r

epay

men

t fo

r th

e o

ther

lon

g-t

erm

bo

rro

win

gs

and

sec

uri

ty p

rovi

ded

in r

esp

ect o

f th

e se

cure

d o

ther

lon

g-t

erm

bo

rro

win

gs

:

118 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

]ı…h…“ 6 +±…EÚ… ±…EÚ =v……Æ˙

(EÚ) ®……∆M… …Æ˙ |… i…n‰˘™… @Òh… (x…EÚn˘“ @Òh…) - |… i…¶…⁄i…∫]‰ı]ı §…ÈEÚ +…Ï°Ú <∆ b˜™…… ∫…‰ 11.208.32 10,615.88

11,208.32 10,615.88(J…) +x™… @Òh… ¥… + O…®… - |… i…¶…⁄i…

¥…n‰˘∂…“ ®…÷p˘… G‰Úi…… EÚ“ ∫……J… - =v……Æ˙ 2,061.57 2,895.972,061.57 2,895.97

E÷Ú±… 13,269.89 13,511.85

]ı… h…™……ƒ :(i) |……i… +±…EÚ… ±…EÚ =v……Æ˙ E‰Ú ±…B |… i…¶…⁄ i… E‰Ú ¥…¥…Æ˙h…

§…ÈEÚ…Â ∫…‰ ®……∆M… …Æ˙ |… i…n‰˘™… @Òh… E∆Ú…x…“ E‰Ú ∫…®…O… S……±…⁄ … Æ˙∫…∆… k…™……Â EÚ…o˘Œπ]ı§…∆v…EÚ ¶…⁄ ®… ¥… ®…EÚ…x… EÚ…‰ UÙ…‰b˜EÚÆ˙E∆Ú…x…“ EÚ“ +S…±… … Æ˙∫…∆… k…™……Â …Æ˙V…®……x…i…“ S……V…« …⁄V……÷Æ˙…, i…Ø˚¥…x…∆i……÷Æ˙®…E‰Ú ®…EÚ…x… ∫… Ω˛i… ¶…⁄ ®… …Æ˙ V…®……x…i…“ E‰Ú∞¸… ®…Â ∫……Œ®™…EÚ §…∆v…EÚ* 11,208.32 10,615.88

E÷Ú±…-§…ÈEÚ…Â ∫…‰ 11,208.32 10,615.88+x™… @Òh… ¥… + O…®…G‰Úi…… EÚ“ ∫……J… - =v……Æ˙ 2,380.07 4,426.36x™…⁄x… : n˘“P…«EÚ… ±…EÚ =v……Æ˙ 318.50 1,530.39

2,061.57 2,895.96 E÷Ú±… 13,269.89 13,511.85

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â

¥…¥…Æ˙h… |… i…¶…⁄ i… EÚ“ |…EfiÚ i… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â


Note 6 Short-term borrowings

(a) Loans repayable on demand (Cash Credit) - Secured fromState Bank of India 11,208.32 10,615.88

11,208.32 10,615.88

(b) Other loans and advances - SecuredForeign Currency Buyers Credit 2,061.57 2,895.97

2,061.57 2,895.97

Total 13,269.89 13,511.85

Notes :(i) Details of security for the secured short-term borrowings :

Loans repayable on demand from Hypothecation of the entirebanks : Current Assets of the Company

Collateral charge over thefixed assets of the companyexcluding Land & Buildings 11,208.32 10,615.88Equitable Mortgage ascollateral over the land withbuilding at Poojappura,Trivandrum

Total - from banks 11,208.32 10,615.88

Other loans and advances :Buyers Credit 2,380.07 4,426.36

Less : Long Term Borrowings 318.50 1,530.39

2,061.57 2,895.97

Total 13,269.89 13,511.85


Particulars Nature of security 2011-12 2010-11` lacs ` lacs

120 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

]ı…h…“ 7 n‰™… ¥™…………Æ˙

n‰™… ¥™…………Æ˙ :

∫……®…O…“, ∫…‰¥…… +…ËÆ˙ ¥™…™… E‰Ú ±…B

- ®…ËGÚ…‰ UÙ…‰]‰ı +…ËÆ˙ ®…v™…®… =t®……Â 196.77 1,813.02

- +x™… 7,713.18 6,481.65E÷Ú±… 7,910.55 8,294.67

]ı…h…“ 8 +x™… S……±…⁄ n‰™…i……Bƒ

(EÚ) n˘“P……«¥… v… @Òh… E‰Ú S……±…⁄ … Æ˙…CEÚi……Bƒ (x…“S…‰ EÚ“ ]ı…h…“ (i) EÚ… ∫…∆n˘¶…« EÚÆÂ*) 1,427.49 298.33(J…) +x™…O……Ω˛EÚ/O……Ω˛EÚ…Â ∫…‰ + O…®… 5,613.42 5,470.09<« B®… b˜“ +…ËÆ˙ ∫…÷Æ˙I…… V…®…… 2,290.61 1,515.04§™……V… =……ÃV…i… ±…‰ EÚx… n‰™… x…Ω˛” 15.65 23.33∫……¥… v… V…®…… 0.10 0.10EÚ…]ı E‰Ú EÚ…Æ˙h… M…ËÆ˙ ¥…∫…⁄±…“ ™……‰M™… Æ˙… ∂… 3.06 3.06+x™… n‰™…i……Bƒ 3,844.86 4,153.06

E÷Ú±… 12,195.19 11,463.00

]ı…h…“ (i) : ±…∆§…“ +¥… v… E‰Ú EÚV…« EÚ“ ¥…i…«®……x… … Æ˙…CEÚi……Bƒ ( ]ı…h…“ 5 ®…Â ]ı…h…“ (i) EÚ… ∫…∆n˘¶…« EÚÆÂ˙-n˘“P…«EÚ… ±…EÚ @Òh… E‰Ú ±…B |… i…¶…⁄ i… E‰Ú ¥…¥…Æ˙h…) :

®…™……n˘“ @Òh…∫]‰ı]ı §…ÈEÚ +…Ï°Ú <∆ b˜™…… ∫…‰ - |… i…¶…⁄ i…Ø˚…™…… ®…™……n˘“ @Òh… - 154.85 ¥…n‰˘∂…“ ®…÷p˘… ®…™……n˘“ @Òh… 1,427.49 143.00

E÷Ú±… 1,427.49 297.85

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â


Note 7 Trade Payables

Trade payables :

for materials, services and expenses

- Micro Small and Medium Enterprises 196.77 1,813.02

- Others 7,713.78 6,481.65

Total 7,910.55 8,294.67

Note 8 Other current liabilities

(a) Current maturities of long-term debt (Refer Note (1) below) 1,427.49 298.33

(b) Others

Advance from Customers/Clients 5,613.42 5,470.09

EMD & Security Deposits 2,290.61 1,515.04

Interest Accrued but not due 15.65 23.33

Fixed Deposit 0.10 0.10

Amount non recoverable due to fraud 3.06 3.06

Other Liabilities 3,844.86 4,153.06

Total 13,195.19 11,463.00

Note (I) : Current maturities of long-term debt (Refer Notes (i) in Note 5 - Long-term borrowings for details

of security) :

Term loans

From State Bank of India - Secured

Rupee Term Loan - 154.85

Foreign Currency Term Loan 1,427.49 143.00

Total 1,427.49 297.85



` lacs ` lacs


` lacs ` lacs

122 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

]ı…h…“ 9 +±…EÚ… ±…EÚ |……¥…v……x…

(EÚ) EÚ®…«S……Æ˙“ Ω˛i…±……¶… E‰Ú ±…B |……¥…v……x… :(i) §…˛…Ïx…∫… E‰Ú ±…B |……¥…v……x… 144.42 153.71(ii) x…π……n˘x… ∫…∆§…∆v…“ ¥…‰i…x… E‰ ±…B |……¥…v……x… 271.03 144.79(iii)+ v…EÚ… Æ˙™……Â E‰Ú ±…B +x…÷±…Œ§v…™……Â +…ËÆ˙ ¶…k…… E‰Ú ±…B |……¥…v……x… 323.49 323.49(iv)=…n˘…x… E‰Ú ±…B |……¥…v……x… 556.94 679.69(v) O…⁄… <« B±… |…“ ®…™…®… E‰Ú ±…B |……¥…v……x… 113.42 119.97(vi) ¥…‰i…x… ∫…∆∂……‰v…x… §…EÚ…™…… E‰Ú ±…B |……¥…v……x… 213.30 87.77

1,622.60 1,509.42(J…) +x™… |……¥…v……x… :

(i) |…∫i…… ¥…i… <ŒC¥…]ı“ ±……¶……∆∂… E‰Ú ±…B |……¥…P……x… 233.02 233.03(ii) |…∫i…… ¥…i… ±……¶……∆∂… …Æ EÚÆ E‰Ú ±…B |……¥…v……x… (M…i… ¥…π……Á E‰Ú ∂…‰π… |……¥…v……x…

` 0.91 ±……J… ∫… Ω˛i…) 38.71 38.71(iii)EÚÆ˙…v……x… E‰Ú ±…B |……¥…v……x… 77.40 199.65

349.14 471.39E÷Ú±… 1,971.74 1,980.81

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â


Note 9 Short-term provisions

(a) Provision for employee benefits :

(i) Provision for bonus 144.42 153.71

(ii) Provision for Performance related pay 271.03 144.79

(iii) Provision for Perks & Allowance for Officers 323.49 323.49

(iv) Provision for gratuity 556.94 679.69

(v) Provision for group EL Premium 113.42 119.97

(vi) Provision for Pay Revision Arrears 213.30 87.77

1,622.60 1,509.42

(b) Provision - Others :

(i) Provision for proposed equity dividend 233.03 233.03

(II) Provision for tax on proposed dividend (including balance

provision of ` 0.91 lacs of previous years) 38.71 38.71

(iii) Provision for taxation 77.40 199.65

349.14 471.39

Total 1,971.74 1,980.81


124 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

]ı…

h…“ 10

+S…±… … Æ

˙∫…∆… k…™……

ƒ∫…¶…“

+…∆EÚb

‰˜ `±……J

……Â ®…Â

EÚ®…⁄i

…« … Æ˙∫

…∆… k…™…

…ƒ

…⁄h…« ∫¥…… ®…i

¥…24

.62

--

24.6

2-

--

-24

.62

24.6

2

…]¬ı]‰ı

…Æ˙ ¶…⁄ ®…

484.

8048

4.80

22.4

64.

91-

27.3

745

7.43

462.

34<®

……Æ˙i…Â

4,10

8.40

381.

25-

4,48

9.65

1,41

3.59

176.

50-

1,59

0.09

8,66

1.54

8,02

9.01

∫…∆™…∆j

… ¥…

®…∂…“x…Æ˙“

16,8

29.9

31,

838.

0067

.93

18,6

00.0

08,

800.

921,

188.

7651

.22

9,93

8.46

8,66

1.54

8,02

9.01

°Úx…‘S…Æ˙

¥… V…÷b˜x……Æ˙

651.

3159

.16

8.65

701.

8245

2.20

58.7

38.

4550

2.48

199.

3419

9.11

®……‰]ıÆ

˙ M…… b˜™……

ƒ84

.74

27.3

40.

4411

1.64

36.9

517

.44

0.42

53.9

757

.67

47.7

9

EÚ…™…

…«±…™…

=…E

ÚÆ˙h…

658.

8431

.79

53.5

363

7.10

465.

3055

.87

51.8

246

9.35

167.

7519

3.54

E÷Ú±…

22,8

42.6

42,

337.

5413

0.55

25,0

49.6

311

,191

.42

1,50

2.20

111.

9112

,581

.72

12,4

67.9

111

,651

.22

…UÙ±…‰ ¥

…π…«

22,2

71.8

792

2.42

351.

6522

,842

.64

10.0

39.2

51,

432.

8028

0.63

11,1

91.4

211

,651

.22

12,2

32.6

2

J…+®…⁄i

…« +…Œ∫

i…™……ƒ

ÚE∆Ú™

…⁄]ıÆ˙

∫……Ï]ı¥

…‰™…Æ˙

170.

3877

8.80

0.10

949.

0814

7.02

79.2

7(0

.51)

226.

8072

2.29

23.3

6E÷Ú±…

170.

3877

8.80

0.10

949.

0814

7.02

79.2

7(0

.51)

226.

8072

2.29

23.3

6

…UÙ±…‰ ¥

…π…«

150.

5619

.82

-17

0.38

134.

5412

.48

-14

7.02

23.3

616

.02

M…S……±…⁄ …⁄ƒV

…“ EÚ…™…

«

S……±…⁄ EÚÆ˙x…‰ E‰Ú ±…B +

x…h…«™……

v…“x…

…b˜“

… Æ˙∫

…∆… k…™……ƒ

735.

0740

8.56

618.

6552

4.98

--

--

524.

9873

5.07

S……±…⁄ ∫… ¥…±… EÚ…™…

«73

5.00

2,60

7.25

899.

812,

442.

44-

--

-2,

442.

4473

5.00

…Æ˙…®…

∂…« S

……V…«

37.8

559

.31

8.61

88.5

5-

--

-88

.55

37.8

5x…<

« … Æ

˙™……‰V…x…

…+…Â …Æ

˙ +…EÚŒ∫

®…EÚ ¥™…™

…73

.25

-72

.09

1.16

--

--

1.16

73.2

5

S……±…⁄ ®…∂

…“x…Æ˙“ EÚ…™…

«-

154.

5414

9.26

5.28

--

--

5.28

-

E÷Ú±…

1,58

1.17

3,22

9.66

1,74

8.42

3,06

2,41

--

--

3,06

2.41

1,58

1.18

…UÙ±…‰ ¥

…π…«

230.

421,

350.

76-

1,58

1.18

--

--

1,58

1.18

230.

42

+S…±…

… Æ˙∫…∆… k…™……

ƒ x…

¥…±… §±……ÏE

Ú

31 ®……S

…« 201

231

®……S

…« 201

1

∫…EÚ±… §

±……ÏEÚ

∫…∆ S…i…

ø…∫…

1 +|…Ë±

… 20

11… Æ˙¥…v…

«x…/ x…

…]ı…x… /

31 ®……S

…« 201

2∫…®……

™……‰V…x…

∫…®……

™……‰V…x…

1 +|…Ë±

… 20

11¥…π

…« E‰Ú n

˘…ËÆ˙…x…

x…

…]ı…x…/

31

®……S…« 2

012

®…⁄±™…ø

…∫… S……V…«

∫…®……

™……‰V…x…

…Æ˙


AT

an

gib

le A

ss

ets

Fre

ehol

d La

nd24

.62

--

24.6

2-

--

-24

.62

24.6

2

Leas

ehol

d La

nd48

4.80

--

484.

8022

.46

4.91

-27

.37

457.

4346

2.34

Bui

ldin

gs4,

108.

4038

1.25

-4,

489.

651,

413.

5917

6.50

-1,

590.

092,

899.

562,

694.

81

Pla

nt a

nd M

achi

nery

16,8

29.9

31,

838.

0067

.93

18,6

00.0

08,

800.

921,

188.

7651

.22

9,93

8.46

8,66

1.54

8,02

9.01

Fur

nitu

re a

nd F

ixtu

res

651.

3159

.16

8.65

701.

8245

2.20

58.7

38.

4550

2.48

199.

3419

9.11

Mot

or V

ehic

les

84.7

427

.34

0.44

111.

6436

.95

17.4

40.

4253

.97

57.6

747

.79

Offi

ce E

quip

men

t65

8.84

31.7

953

.53

637.

1046

5.30

55.8

751

.82

469.

3516

7.75

193.

54To

tal

22,8

42.6

42,

337.

5413

0.55

25,0

49.6

311

,191

.42

1,50

2.20

111.

9112

,581

.72

12,4

67.9

211

,651

.22

Pre

viou

s Ye

ar22

,271

.87

922.

4235

1.65

22,8

41.6

410

,039

.25

1,43

2.80

280.

6311

,191

.42

11,6

51.2

212

,232

.62

BIn

tan

gib

le A

ss

ets

Com

pute

r so

ftw

are

170.

3877

8.80

0.10

949.

0814

7.02

79.2

7(0

.51

)22

6.80

722.

2923

.36

Tota

l17

0.38

778.

800.

1094

9.08

147.

0279

.27

(0.5

1)

226.

8072

2.29

23.3

6

Pre

viou

s Y

ear

150.

5619

.82

-17

0.38

134.

5412

.48

-14

7.02

23.3

616

.02

CC

apit

al W

ork

in

Pro

gre

ss

Ass

ets

Pen

ding

Com

mis

sion

ing

735.

0740

8.56

618.

6552

4.98

--

--

524.

9873

5.07

Civ

il w

ork

in p

rogr

ess

735.

002,

607.

2589

9.81

2,44

2.44

--

--

2,44

2.44

735.

00

Con

sulta

ncy

Cha

rges

37.8

559

.31

8.61

88.5

5-

--

-88

.55

37.8

5

Incid

enta

l Exp

ense

s on

New

Proj

ects

73.2

5-

72.0

91.

16-

--

-1.

1673

.25

Mac

hine

ry w

ork-

in-p

rogr

ess

-15

4.54

149.

265.

28-

--

-5.

28-

Tota

l1,

581.

173,

229.

661,

748.

423,

062.

41-

--

-3,

062.

411,

581.

18

P

revi

ous

Year

230.

421,

350.

76-

1,58

1.18

--

--

1,58

1.18

230.

42

No

te 1

0 F

ixed

Ass

ets

All

figur

es `

lacs

Fix

ed A

sset

sN

et B

lock

31 M

arch

201

231

Mar

ch 2

011

Gro

ss B

lock

Acc

umul

ated

Dep

reci

atio

n

1 A

pril

2011

Add

ition

s/D

ispo

sals

/31

Mar

ch 2

012

Adj

ustm

ents

Adj

ustm

ents

1 A

pril

2011

Dep

reci

atio

nO

n di

spos

als

31

Mar

ch 2

012

char

ges

for

Adj

ustm

ents

the

year

126 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

]ı…

h…“ 10

+S…±… … Æ

˙∫…∆… k…™……

ƒ (V……Æ˙“...)

¥…¥…Æ

˙h…

201

1-12

2010

-11

` ±……J

……Â ®…Â

` ±……J

……Â ®…Â

]ı…

h…“ 10

B E

‰Ú +x…÷∫

……Æ˙ ¥…π…« E

‰Ú ®…⁄i

…« … Æ˙∫

…∆… k…™…

…Â EÚ… ®…⁄±

™…ø…∫… +…ËÆ˙ @

Òh…®…

÷ HÚ

1,50

2.20

1,43

2.80

]ı…

h…“ 10

§…“

E‰Ú +

x…÷∫……Æ

˙ ¥…π…« E

‰Ú +®…⁄i

…« … Æ˙∫

…∆… k…™…

…Â EÚ… ®…⁄±

™…ø…∫… +…ËÆ˙ @

Òh…®…

÷ HÚ

79.2

712

.48

x™…⁄x…

: +

…Æ˙ I…i…

…÷x…

®…⁄«±™…x

… ∫…‰ |…™…

÷HÚ-

-

…⁄¥…« +¥… v…

∫…‰ ∫

…∆§…∆ v…

i… ®…⁄±

™…ø…∫… +…ËÆ˙ @

Òh…®…

÷ HÚ

-6.

05∫…i…i

… ∫…∆S……±…x…

∫…‰ ∫…∆§…∆ v…i

… ®…⁄±

™…ø…∫… +…ËÆ˙ @

Òh…®…

÷ HÚ

1,58

1.47

1,45

1.33

]ı…

h…“ :

1.…⁄h

…« ∫¥…… ®…i

¥… ¶…⁄

®… E‰Ú ®…⁄±™…

®…Â ∂…… ®

…±… ΩÈ˛

-EÚ)E‰ÚÆ˙±

… ∫…Æ˙EÚ…Æ˙ u

˘…Æ˙… x…

:∂…÷±EÚ +

∆i… Æ˙i… 1

1.44

BEÚc˜ ¶…⁄ ®

… i…l……

7.14

BEÚb˜ ¶…⁄ ®

… E‰Ú ]

ı…‰EÚx…

®…⁄±™…

` 2

/- Æ˙Ω˛…

ΩË*

J…)E

Úx……«]ıEÚ +

…Ët…‰ M

…EÚ˙ I…‰j… ¥…E

Ú…∫… §……‰b« E

Ú…‰ |…n

˘k… EÚB

` 3

,75,

691/

- …⁄h

…« ∫…… ®

…i¥… …Æ

˙ ¶…⁄ ®

… E‰Ú +

x…∆ i…®

… ®…⁄±

™… EÚ“ +…‰Æ˙ Æ

˙Ω˛… Ω

Ë˛*2.

…]¬ı]‰ı …Æ˙ ¶…⁄ ®

… E‰Ú ®…⁄±™…

x…®x… ±

… J…i…

®…Â ∂…… ®

…±… ΩË˛*

EÚ)E‰ÚÆ˙±

… E‰Ú §……±

…Æ˙…®…

…÷Æ˙®…

E‰Ú …]¬ı]‰ı E

‰Ú 3 B

EÚc˜˜ ¶…⁄ ®

… +…ËÆ˙ <

®……Æ˙i… E‰Ú ±…B 9

9 ¥…π……Á

EÚ“ ±……M…

i… ` 1

,30,

45,7

42/- Æ

˙Ω˛“ Ω

Ë˛*J…

)®…÷∆§…<«

®…Â 60

¥…π……Á E‰Ú ±…B …]¬ı]‰ı …Æ˙ ¶…⁄ ®

… +…§…∆ ]ıi… E

ÚÆx…‰

EÚ“ ±……M…

i… ` 9

2,40

,606

/- Æ

˙Ω˛… Ω

Ë˛*M…)

x™…⁄ +…‰J…±……

+…Ët

…‰ M…EÚ ¥…EÚ…∫… |…… v…

EÚ…Æ˙“ (x……‰B

b˜…),

=k…Æ˙

|…n‰˘∂… ®…Â 90

¥…π……Á E‰Ú ±…B

…]¬ı]‰ı …Æ˙ +

…§…∆ ]ıi… ¶…⁄ ®

… E‰Ú ®…⁄±™…

EÚ“ +…‰Æ˙ `

2,6

1,93

,890

/- Æ

˙Ω˛… Ω

Ë˛*P…)S…ÂM…±

……‰]¬ı]

÷ı, S…‰z…Ë

®…Â 11

-01-

2008

∫…‰ 99

¥…π……Á E‰Ú ±…B

+…§…∆ ]ıi… 4

30.1

0 BE

Úc˜ ¶…⁄ ®

… E‰Ú ®…⁄±™…

` 9

9/- Æ˙Ω

˛… ΩË*

3.∫…Â]ıÆ

˙ °Ú…ÏÆ

˙ BÆ˙i… ∫……<x∫…‰∫…,

+…CE÷Ú±…®…,

i…Ø

˚¥…x…i

……÷Æ˙®… E‰Ú ∫

¥…… ®…

i¥… E

Ú“ ¶…⁄∫

…∆… k… ®…Â

x…Ã®…

i… J…÷±…‰ E

÷ÚB E

Ú“ ±……M…

i… ` 4

,36,

375/

- ¶…“

<®……

Æ˙i… ®…Â

∂…˝… ®

…±… ΩË˛

4.+…x

……<« M…<« ®…⁄±™…ø

…±… Æ˙“ i…

x…®

x… V…Ë∫…“ ΩÈ˛*

∫…∆™…∆j

… B¥…∆ ®…∂

…“x…Æ˙“ E‰Ú E

÷ÚUÙ ®…n˘…Â E‰Ú ∫

…∆§…∆v…

®…Â ∫…“v…

“ Æ‰J

…… |…h

……±…“

+…x

……<« M…<« Ω

Ë˛, V……‰ x…“

S…‰ ∫

…⁄ S…i…

V…Ë∫…“

ΩË˛*®…⁄±

… ±……M…

i…20

11-1

220

10-1

1`±……J……Â

®…Â`±……J……Â

®…Â+…CE÷Ú±…®…

∫…∆™…∆j

…2,

680.

572,

147.

79 i…

Ø˚¥…x

…∆i……÷Æ

˙®… ∫…∆™…∆j

…2,

282.

492,

926.

66§…‰±

…M……®…

∫…∆™…

∆j…2,

317.

432,

346.

96B®

… +…Æ˙ +

…<« ®…∂…“x…

1,88

9.94

1,89

7.08

E÷Ú±…

9,17

0.43

9,31

8.49

5.E∆Ú™…⁄]ıÆ˙

∫……‰]ı¥

…‰™…Æ˙

EÚ“ ±……M…

i… i…“

x… ¥…π……Á

EÚ“ +¥… v…

®…Â ∫…®……

x…÷…… i…E

Ú +…v…

…Æ˙ …Æ˙ ™…l……x

…÷……i…

… Æ

˙∂……‰ v

…i… E

Ú“ M…™

…“ ΩË˛*

` 5

,000

/- ±

……M…i…

∫…‰ EÚ®…

+…x…

‰ ¥……±

…“ … Æ˙∫

…∆… k…™…

…ƒ V……‰ …⁄Æ

˙“ i…Æ

˙Ω˛ ®…⁄±

™…ø… ∫

…i… E

Ú˙“ M…™

…“ ΩË˛,

E‰Ú + i…

Æ˙HÚ

∂…‰π…

+x™… ∫……Æ˙“ … Æ˙∫

…∆… k…™…

…Â ®…Â

®…⁄±™…ø

…∫… ®…⁄±

™… …r

˘ i… +…x

……™…“

M…™…“

ΩË˛*6.

B∫… B

…“ 0

1.08

.201

1 ∫…‰ ±

……<¥…

P……‰ π…i…

EÚ™……

M…™…

… ΩË*

` 7

48/- E

ÚÆ˙…‰c

˜ EÚ“

Æ˙EÚ®…

(+¶…“

i…EÚ §…x

……B ¶…÷M…

i……x…)

EÚ…‰

8 ¥…π……Á

EÚ“ +¥… v…

E‰Ú ±…B

∫…“v…

“ Æ‰˙J

…… +…v…

…Æ …Æ˙ ®…⁄±™…ø

…∫… E‰Ú ∫

……l… …⁄ƒV

…“EfiÚi…

EÚ™……

M…™…

… ΩË*

7.` 2

.10

EÚÆ˙…‰c˜ E

‰Ú n˘“

P…«EÚ… ±

…EÚ ¥…n‰˘∂

…“ ®…÷p

˘… @Ò

h… …Æ˙ E

Ú…±… x…E

Ú ¥…n‰˘∂

…“ ¥… x…

™…®… P…]ı…

¥… - §…g

¯…¥… E

Ú…‰ ¶……

Æ˙i… ∫…Æ˙E

Ú…Æ˙ E

‰Ú n˘. 29

.12.

11 E

‰Ú + v…

∫…⁄S…x……

∫…∆.V

…“ B∫

… +…Æ˙ 9

13 (<«)

E‰Ú +…v…

…Æ˙ …Æ˙ ±

…‰J……

x…“ i…

E‰Ú +x…÷∫

…˙Æ˙h…

EÚÆ˙i…‰ Ω÷˛B

∫…∆™…

∆j… ¥… ®…∂

…“x…Æ˙“ ®…Â

∂…… ®

…±… EÚ™…

… M…™

…… ΩË˛*

P…. ∫

…i…i…

∫…∆S……±…x…

∫…‰ ∫…∆§…∆ v…i

… ®…⁄±

™…ø…∫… +…ËÆ˙ @

Òh…®…

÷ HÚ :


No

te 1

0 F

ixed

ass

ets

(Co

ntd

.)

Par

ticu

lars

2011

-12

2010

-11

` l

acs

` l

acs

Dep

reci

atio

n an

d am

ortis

atio

n fo

r the

yea

r on

tang

ible

ass

ets

as p

er N

ote

10 A

1,50

2.20

1,43

2.80

Dep

reci

atio

n an

d am

ortis

atio

n fo

r the

yea

r on

inta

ngib

le a

sset

s as

per

Not

e 10

B79

.27

12.4

8

Less

: U

tilis

ed fr

om re

valu

atio

n re

serv

e-

-

D

epre

ciat

ion

and

amor

tisat

ion

rela

ting

to p

rior

Per

iod

-6.

05

Dep

reci

atio

n an

d am

ortis

atio

n re

latin

g to

con

tinui

ng o

pera

tions

1,58

1.47

1,45

1.33

No

te:

1.C

ost

of F

ree

hold

land

incl

udes

-a

)`

2/-

bei

ng t

he t

oken

val

ue o

f 11

.44

acre

s an

d 7.

14 a

cres

of

land

tra

nsfe

rred

by

the

Gov

t. of

Ker

ala

free

of

cost

.b)

` 3

,75,

691/

- be

ing

the

tent

ativ

e pr

ice

of f

reeh

old

land

pai

d to

Kar

nata

ka I

ndus

tria

l Are

a D

evel

opm

ent

Boa

rd.

2.C

ost

of L

ease

hol

d la

nd i

nclu

des

the

follo

win

ga

)`

1,30

,45,

742/

- be

ing

the

cost

of

3 ac

res

of le

aseh

old

land

and

bui

ldin

g at

Bal

aram

apur

am,

Ker

ala

for

99 y

ears

.b

)`

92,4

0,60

6/-

bein

g th

e al

lotm

ent

of 0

.25

acre

s of

plo

t in

Mum

bai o

n le

ase

for

60 y

ears

.c

)`

2,61

,93,

890/

- be

ing

the

valu

e of

1.2

4 ac

res

of la

nd a

llotte

d in

the

New

Okh

la I

ndus

tria

l Dev

elop

men

t Aut

horit

y (N

OID

A),

Utta

r P

rade

sh f

or 9

0 ye

ars.

d) `

99/-

bei

ng t

he v

alue

of

430.

10 a

cres

land

allo

ted

from

11-

01-2

008

in C

heng

alpe

ttu,

Che

nnai

for

99

yrs.

3.B

uild

ing

incl

udes

cos

t of

ope

n w

ell

amou

ntin

g to

` 4

,36,

375/

- co

nstr

ucte

d in

the

lan

ded

prop

erty

ow

ned

by C

entr

e fo

r E

arth

Sci

ence

s, A

kkul

am,

Triv

andr

um.

4.M

etho

ds o

f de

prec

iatio

n ad

opte

d ar

e as

fol

low

s.S

trai

ght

line

met

hod

has

been

ado

pted

in r

espe

ct o

f ce

rtai

n ite

ms

of P

lant

& M

achi

nery

as

indi

cate

d be

low

.

O

rigin

al C

ost

201

1-12

2010

-11

` in

lacs

` in

lacs

Akk

ulam

Pla

nt2,

680.

572,

147.

79T

rivan

drum

Pla

nt2,

282.

492,

926.

66B

elga

um P

lant

2,31

7.43

2,34

6.96

MR

I Mac

hine

1,88

9.94

1,89

7.08

Tota

l9,

170.

439,

318.

495.

Cos

t of

com

pute

r so

ftwar

e is

am

ortiz

ed e

qual

ly o

ver

a pe

riod

of t

hree

yea

rs o

n pr

o-ra

ta b

asis

. W

ritte

n do

wn

valu

e m

etho

d of

dep

reci

atio

n ha

s be

en a

dopt

ed o

n al

l th

ere

mai

ning

ass

ets

othe

r th

an a

sset

s co

stin

g le

ss t

han

` 5

,000

eac

h w

hich

hav

e be

en f

ully

dep

reci

ated

.6.

SA

P h

as b

een

decl

ared

Go

Live

from

01.

08.2

011.

An

amou

nt o

f ` 7

.48

crs

(pay

men

t mad

e to

dat

e) h

as b

een

capi

talis

ed w

ith d

epre

ciat

ion

on a

str

aigh

t lin

e ba

sis

for

a pe

riod

of 8

yrs

.7.

Not

iona

l for

eign

exc

hang

e flu

ctua

tion

on L

ong

Term

For

eign

Cur

renc

y Lo

an a

mou

ntin

g to

` 2

.10

crs

has

been

incl

uded

in P

lant

& M

achi

nery

in li

ne w

ith th

e A

ccou

ntin

g P

olic

yba

sed

on t

he n

otifi

catio

n no

. G

SR

913

(E

) dt

d. 2

9-12

-11

of G

over

nmen

t of

Ind

ia.

D.

Dep

reci

atio

n a

nd

am

ort

isat

ion

rel

atin

g t

o c

on

tin

uin

g o

per

atio

ns

:

128 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

x…¥…‰∂

… (±……M…

i… …Æ

˙)EÚ.

¥™…………Æ E

÷Ú±… - ¥™…………Æ

˙ (B)

J…. +x™… x…

¥…‰∂…

(EÚ)

<ŒC¥…]ı“ =…E

ÚÆ˙h……Â ®

…Â x…¥

…‰∂… (

…⁄h…«/¶

…… M…E

Ú ∞¸…

∫…‰ |

…n˘k…

=…E

ÚÆ˙h……Â E

‰Ú ¥…¥…Æ˙h… +

±…M…

∫…‰ n

‰˘x……)

(i)∫…∆™…÷H

Ú =t®…

E∆Ú… x…™

……Â E‰Ú

-78

3.42

783.

42-

783.

4278

3.12

(ii)+x™… ∫

…k……

E‰Ú-

2.00

2.00

-2.

002.

00 E÷Ú±…-+

x™… x…

¥…‰∂… (J

…)-

785.

4278

5.42

-78

5.42

785.

42 E

÷Ú±… (E

Ú +

J…)

-78

5.42

785.

42-

785.

4278

5.42

x™…⁄x…

: x

…¥…‰∂… E

‰Ú ®…⁄±™…

®…Â P…]ıi

…“ E‰Ú ±

…B |……¥…v…

…x…-

--

--

--

E÷Ú±…

-78

5.42

785.

42-

785.

4278

5.42

∫…⁄S…“§…r˘ ±

…‰ EÚx…

x…Ω˛”

EÚB

=r˘i…

x…¥…‰∂

……Â E‰Ú ∫…∆EÚ ±

…i… ®…⁄±™…

+x…÷r

˘i… x…

¥…‰∂……Â

EÚ“ ∫

…∆EÚ ±

…i… Æ˙… ∂

…

]ı…

h…“ 11

M…ËÆ˙ ¥…i…

«®……x…

x…¥…‰∂

…

]ı…

h…“ : +

x™… x…

¥…‰∂……Â

E‰Ú ¥…¥

…Æ˙h…

2012

2011

2012

2011

2012

2011

(EÚ)

<ŒCE

Ú]ı“ =…E

ÚÆ˙h……Â ®

…Â x…¥

…‰∂…

±……<¢Úœ∫|…M

… +∫…i…

…±… |……<¥…‰]ı ±… ®…

]‰ıb˜

(±……M

…i…

…Æ˙)

7,83

4,18

8 7

,834

,188

+

x…÷r˘i…

…⁄h

…« ∞¸…

∫…‰

|…n

˘k…

E‰ÚÆ˙±

… Bx

… ¥…Æ˙…‰ +¥…∫

…∆Æ˙S…x……

±… ®…

]‰ıb˜

20,0

0020

,000

+

x…÷r˘i…

…⁄h…« ∞¸…

∫…‰

|…n˘k…

,50

5078

3.42

783.

42V…“ Ω˛…ƒ

,2.

002.

00V…“ Ω˛…ƒ

E÷Ú±…

78

5.42

7

85.4

2

2011

-12

2010

-11

=r˘i…

+x…÷r

˘i…E÷Ú±…

=r˘i…

+x…÷r

˘i…E÷Ú±…

` ±……J

……Â ®…Â

` ±……J

……Â ®…Â

` ±……J

……Â ®…Â

` ±……J

……Â ®…Â

` ±……J

……Â ®…Â

` ±……J

……Â ®…Â

¥…¥…Æ

˙h…

GÚ®….

x…M…

®…i… x…E

Ú…™… E

Ú… x……

®… ∫

…®…x…÷π

…∆M…“/

∂…‰™…Æ

˙/™…⁄ x

…]ı…Â EÚ“ ∫

…∆J™……

=r˘i…/

+…∆ ∂

…EÚÚ/

x…™…∆j

…h… E

Ú“ ∫…“®…

…Æ˙E

Ú®… (

` ±……J

……Â ®…Â)

C™…… ±……M…

i…™…

n˘ EÚ…Ï±…®…

∫…∆.

∫…Ω˛/

V…‰ ¥…“

+x…÷r

˘i……⁄h

…« ∞¸…

∫…‰

(%)

®…Â EÚΩ˛… M…™…

…(9

) EÚ… =

k…Æ˙

/ x…

™…∆ j…i…

|…n˘k…

ΩËx…Ω

˛” ΩË

i……‰

∫…k……/+

x™…

Ω˛…ƒ/x…Ω˛”

®…⁄±™……

∆EÚx…

+…v…

…Æ˙

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)


Inve

stm

ents

(A

t cos

t) :

A.T

rade

Tota

l - T

rad

e (A

)

B.

Oth

er i

nves

tmen

ts :

(a)I

nves

tmen

t in

equ

ity i

nstr

umen

ts (

give

det

ails

sepa

rate

ly f

or f

ully

/par

tly p

aid

up i

nstr

umen

ts)

(i)of

joi

nt v

entu

re c

ompa

nies

-78

3.42

783.

42-

783.

4278

3.42

(ii)

of o

ther

ent

ities

-2.

002.

00-

2.00

2.00

T

ota

l - O

ther

Inve

stm

ents

(B

)-

785.

4278

5.42

-78

5.42

785.

42

To

tal (

A+B

)-

785.

4278

5.42

-78

5.42

785.

42

Les

s :

Pro

viso

n fo

r di

min

utio

n in

val

ue o

f in

vest

men

ts-

--

--

-

T

ota

l-

785.

4278

5.42

-78

5.42

785.

42

No

te :

Det

ails

of O

ther

Inve

stm

ents

(a)

Inv

es

tme

nts

in

Eq

uit

y I

ns

tru

me

nts

Life

Spr

ing

Hos

pita

l Pvt

. Lt

d (a

t co

st)

78,3

4,18

878

,34,

188

Unq

uote

dfu

lly p

aid

5050

783.

4278

3.42

Ye

s

Ker

ala

Env

iro I

nfra

stru

ctur

es L

td20

,000

20,0

00U

nquo

ted

fully

pai

d2.

002.

00Y

es

To

tal

785.

4278

5.42

Agg

rega

te v

alue

of

liste

d bu

t no

t qu

oted

inve

stm

ents

aggr

egat

e am

ount

of

unqu

oted

inv

estm

ent

Par

ticu

lars

2010

-11

Qu

ote

dU

nq

uo

ted

Tota

lQ

uo

ted

Un

qu

ote

dTo

tal

` l

acs

` l

acs

` l

acs

` l

acs

` l

acs

` l

acs

No

te 1

1 N

on

-cu

rren

t in

vest

men

ts

2011

-12

Sl.

Nam

e o

f th

e B

od

y C

orp

ora

teS

ub

sid

iary

/N

o.

of

Sh

ares

/Un

its

Qu

ote

dP

artl

y P

aid

/E

xten

t o

f H

old

ing

Am

ou

nt

Rs.

Wh

eth

er

If A

ns

we

rN

o.

As

so

cia

teU

nq

uo

ted

Fu

lly p

aid

(%)

in l

ak

hs

sta

ted

at

Co

lum

nJ

V/

Co

st

(9)

is '

No

'C

on

tro

lle

dY

es

t/N

oB

asis

of

Va

lua

tio

n

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

(10)

2012

2011

2012

2011

2012

2011

130 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

]ı…h…“ 12 ¥…∫i…÷∫…⁄S…“( x…®x…i…®… ±……M…i… …Æ˙ +…ËÆ˙ x…¥…±… ¥…∫…⁄±…“ ∫……v™… ®…⁄±™…)

EÚ. EÚSS…‰ ®……±… (±……M…i… …Æ˙ ®…⁄±™……∆ EÚi…) 1,669.44 1,227.28+x™……Â E‰Ú ∫……l… EÚSS…‰ ®……±… (±……M…i… …Æ ®…⁄±™……∆ EÚi…) - 23.24

1,669.44 1,300.52J…. …È EÚM… ∫……®…O…“ (±……M…i… …Æ˙ ®…⁄±™……∆ EÚi…) 1,114.68 957.71

1,114.68 957.71M…. S……±…⁄ EÚ…™…« (±……M…i… …Æ˙ ®…⁄±™……∆ EÚi…) 1,226.63 480.61

1,226.63 480.61P…. i…Ë™……Æ˙ ®……±… ( x…®x…i…®… ±……M…i… …Æ˙ ™…… Bx… +…Æ˙ ¥…“ …Æ˙ ®…⁄±™……∆ EÚi…) ¥… x…Ã®…i… =i……n˘ 1,681.61 1,373,24∫……®…… V…EÚ ¥……h…x… =i……n˘ 224,71 196.06¥™…¥…∫……™… =i……n˘ 455.48 374.72®……M…«∫l… ®……±… 54.41 281.72

2,416.21 2,225.74RÛ. ∫……®……x™… ¶…∆b˜…Æ˙ B¥…∆ =…¶……‰V™… (±……M…i… …Æ˙ ®…⁄±™…) 118.42 568.19S…. +x™… ∫……®… O…™……ƒ, ®…∂…“x…Æ˙“, + i… Æ˙HÚ …÷V…Á, <®……Æ˙i…“ ∫……®……x… +… n˘ (±……M…i… …Æ˙ ®…⁄±™…) 764.72 34.75

764.72 34.75UÙ. |…§…∆v… u˘…Æ˙… …÷x…®…⁄«±™……∆ EÚi… +…ËÆ˙ |…®…… h…i… +…ËV……Æ˙ 4.28 0.57

4.28 0.57V…. +x™…Æ˙q˘“/+ v…∂…‰π… ∫…∆… k…™……ƒ (EÚ®… J……i…… ®…⁄±™… ™…… x…¥…±… ¥…∫…⁄±…“ ∫……v™… ®…⁄±™… …Æ˙) 22.36 22,93 x…Æ˙“I…h… E‰Ú ±…B …b‰˜ ∫……®……x… (±……M…i… …Æ˙) - 89.65=…Ω˛…Æ˙ ®…nÂ˘ (±……M…i… …Æ˙) 86.79 79.42±…‰J…x… ∫……®…O…“ (±……M…i… …Æ˙) 50.75 27.47

159.90 219.477,474.29 5,787.56

x™…⁄x… : +|…™…÷HÚ ∫]ı…ÏEÚ E‰Ú ±…B +∆ i…®… |……¥…v……x… 39.47 48.25E÷Ú±… 7,434.83 5,739.31

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â


Note 12 Inventories(At lower of cost and net realisable value)

a. Raw Materials (Valued at cost) 1,669.44 1,277.28Raw Materials with others (Valued at cost) - 23.24

1,669.44 1,300.52b. Packing Materials (Valued at cost) 1,114.68 957.71

1,114.68 957.71c. Work-in-progress (Valued at cost) 1,226.63 480.61

1,226.63 480.61d. Finished goods (Valued at Lower of cost or NRV)

Manufactured Products 1,681.61 1,373.24Social Marketing Products 224.72 196.06Trading Products 455.48 374.72Goods-in-Transit 54.41 281.72

2,416.21 2,225.74e. General Stores and Consumables (Valued at cost) 118.42 568.19

118.42 568.19f. Other materials, machinery, spare parts, building materials

etc. (Valued at cost) 764.72 34.75764.72 34.75

g. Tools revalued & certified by management 4.28 0.574.28 0.57

h. OthersScrapped/Surplus Assets (lesser of cost or net realisable value) 22.36 22.93Goods pending inspection (at cost) - 89.65Gift items (at cost) 86.79 79.42Stationary (at cost) 50.75 27.47

159.90 219.477,474.29 5,787.56

Less:Closing Provision for Obsolete Stock 39.47 48.25Total 7,434.83 5,739.31


132 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

]ı…h…“ 13 |……™… ¥…∫i…÷+…Â EÚ… ¥™…………Æ˙

¶…÷M…i……x… E‰Ú ±…B x…™…i… i……Æ˙“J… ∫…‰ UÙΩ˛ ®…Ω˛“x…‰ EÚ“ EÚ®… +¥… v… E‰Ú ±…B §…EÚ…™……¥™…………Æ˙ |……™… ¥…∫i…÷B∆

|… i…¶…⁄i…, ∂…˝…‰v™… ∫…®…Z…‰ M…B 103.62 184.86

+|… i…¶…⁄i…, ∂……‰v™… ∫…®…Z…‰ M…B 15,234.05 15,140.12

15,337,67 15,324.98

¶…÷M…i……x… E‰Ú ±…B x…™…i… i……Æ˙“J… ∫…‰ UÙΩ˛ ®…Ω˛“x…‰ EÚ“ + v…EÚ +¥… P… E‰Ú ±…B §…EÚ…™……

|……™… ¥™…………Æ˙ ¥…∫i…÷B∆

|… i…¶…⁄i…, ∂…˝…‰v™… ∫…®…Z…‰ M…B 81.01 27.18

+|… i…¶…⁄i…, ∂…˝…‰v™… ∫…®…Z…‰ M…B 9,003.14 7,347.07

∫…∆ n˘Mv… ∫…®…Z…‰ M…B 1,059.79 772.02

10,143.94 8,146.27

x™…⁄x… : ∫…∆ n˘Mv… |……™… ¥™………˙…Æ E‰Ú ±…B |……¥…v……x… 1,059.79 772.02

9,084.15 7,374.25E÷Ú±… 24,421.82 22,699.23

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â


Note 13 Trade receivables

Trade receivables outstanding for a period less than six months

from the date they were due for payment

Secured, considered good 103.62 184.86

Unsecured, considered good 15,234.05 15,140.12

15,337.67 15,324.98

Trade receivables outstanding for a period exceeding six months

from the date they were due for payment



Considered Doubtful 1,059.79 772.02

10,143.94 8,146.27

Less : Provision for doubtful trade receivables 1,059.79 772.02

9,084.15 7,374.25

Total 24,421.82 22,699.23


134 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

]ı…h…“ 14 Æ˙…‰EÚc˜ +…ËÆ˙ Æ˙…‰EÚc˜ ∫…®……x……l…‘

(EÚ) Ω˛…l… ®…Â EËÚ∂…/∫]ı…®… 19.11 65.59

(J…) §…ÈEÚ ∂…‰π…

(i) S……±…⁄ J……i…‰ ®…Â 451.62 1,005.95

(ii) <« <« B°Ú ∫…“ J……i…‰ ®…Â 40.36 40.14

511.09 1,111,68

(iii) 3 ®…Ω˛“x…‰ ∫…‰ + v…EÚ +¥… P… E‰Ú … Æ…C¥…i…… Æ˙Ω˛x…‰ ¥……±…‰ V…®……Bƒ 762.62 414.18

(iv) =v……Æ +…ËÆ˙ M……Æ∆˙]ı“ E‰Ú ±…B ®……ÃV…x… ®…h…“ E‰Ú ∞¸… ®…Â Æ˙J…‰ V…®…… 149.99 3,567.09

912.61 3,981.27

E÷Ú±… 1,423.70 5,092.95

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â


Note 14 Cash and cash equivalents

(a) Cash/stamps on hand 19.11 65.59

(b) Balances with banks



511.09 1,111.68

(iii) Deposits having maturity period of above 3 months 762.62 414.18

(iv) Deposits held as margin money for borrowings and

guarantees 149.99 3,567.09

912.61 3,981.27

Total 1,423.70 5,092.95

Particulars 2011-12 2010-11` in lacs ` in lacs

136 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

]ı…h…“ 15 +±…EÚ… ±…EÚ @Òh… B¥…∆ …‰∂…M…“

(EÚ) |… i…¶…⁄ i… V…®…… B¥…∆ <« B®… b˜“

|… i…¶…⁄i…, ∂……‰v™… ∫…®…Z…‰ M…B 168.37 133.40

=… ™……‰M… 168.37 133.40

(J…) EÚ®…«S…… Æ˙™……Â EÚ…‰ @Òh… B¥…∆ …‰∂… M…™……ƒ

|… i…¶…⁄i…, ∂……‰v™… ∫…®…Z…‰ M…B - -

+|… i…¶…⁄i…, ∂……‰v™… ∫…®…Z…‰ M…B 255.54 368.93

∫…∆ n˘Mv… ∫…®…Z…‰ M…B (2.57) (3.58)

258.11 372.51

x™…⁄x… : ∫…∆ n˘Mv… @Òh… +…ËÆ˙ …‰∂… M…™……Â E‰Ú ±…B |……¥…v……x… 2.57 3.58

=… ™……‰M… 255.54 368.93

(M…) …⁄¥…«|…n˘k… ¥™…™… - +|… i…¶…⁄i…, ∂……‰v™… ∫…®…Z…‰ M…B 114.85 135.64114.85 135.64

(P…) ∫…Æ˙EÚ…Æ˙“ |…… v…EÚ… Æ˙™……Â E‰Ú ∫……l… ∂…‰π…+|… i…¶…⁄i…, ∂……‰v™… ∫…®…Z…‰ M…B - -(i) +…™…EÚÆ˙ …‰∂…M…“ 253.95 305.41(ii) §…GÚ“ EÚÆ˙ …‰∂…M…“ 0.52 6.99

254.47 312.40(RÛ) +x™…+|… i…¶…⁄i…, ∂……‰v™… ∫…®…Z…‰ M…B 5,653.51 3,414.68∫…∆ n˘Mv… ∫…®…Z…‰ M…B 447.54 392.58

ı 6,101.05 3,807.26x™…⁄x… : ∫…∆ n˘Mv… @Òh… +…ËÆ˙ …‰∂… M…™……Â E‰Ú ±…B |……¥…v……x… (447.54) 392.58

=… ™……‰M… 5,653.51 3,414.68

E÷Ú±… 6,446.74 4,365.05

]ı…h…“ : n‰™… Æ˙EÚ®… ®…Â +±…EÚ… ±…EÚ @Òh… B¥…∆ …‰∂…M…“ ∂…… ®…±… ΩË

x…n‰˘∂…EÚ 0.18 0.21E∆Ú…x…“ E‰Ú +x™… + v…˘EÚ…Æ˙“ 44.59 26.81

44.77 27.02

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â

¥…¥…Æ˙h… 2011-12 2010-11

` ±……J……Â ®…Â ` ±……J……Â ®…Â


Note 15 Short-term loans and advances

(a) Security deposits & EMD


Sub Total 168.37 133.40

(b) Loans and advances to employees

Secured, considered good - -

Unsecured, considered good 255.54 368.93

Considered Doubtful 2.57 3.58

258.11 372.51

Less : Provision for doubtful loans and advances (2.57) (3.58)

Sub Total 255.54 368.93

(c) Prepaid expenses - Unsecured, considered good 114.85 135.64

114.85 135.64

(d) Balances with government authorities

Unsecured, considered good

(i) Advance Income Tax 253.95 305.41

(ii) Sales Tax Advances 0.52 6.99

254.47 312.40

(e) Others


Considered Doubtful 447.54 392.58

6,101.05 3,807.26

Less : Provision for doubtful loans and advances (447.54) (392.58)

Sub Total 5,653.51 3,414.68

Total 6,446.74 4,365.05

Note : Short-term loans and advances include amounts due from :

Directors 0.18 0.21

Other officers of the Company 44.59 26.81

44.77 27.02



` lacs ` lacs

138 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

]ı…h…“ : 16 +x™… S……±…⁄ … Æ˙∫…∆… k…™……ƒ

(EÚ) |……‰n¬¶…¥…x…(i) B°Ú b˜“ +…Æ˙ ∫…‰ |……‰n¬˘¶…⁄i… §™……V… 7.56 3.55(ii) V…®……Æ˙… ∂…™……Â …Æ˙ |……‰n¬˘¶…⁄i… §™……V… 44.59 76.32(iii) ®……ÃV…x… ®… h… …Æ˙ |……‰n¬˘¶…⁄i… §™……V… 14.77 5.62

23.68 85.49(J…) +x™…

(i) … Æ˙™……‰V…x……+…Â ∫…‰ |……™… ¥…∫i…÷Bƒ 836.69 298.54(ii) x…™……«i… |……‰i∫……Ω˛x…/¥………∫…“ ∂…÷±EÚ 427.50 461.43(iii) +x™… 761.73 664.14

2,025.92 1,424.11E÷Ú±… 2,049.60 1,509.60

√

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â


Note 16 Other current assets

(a) Accruals

(i) Interest accrued on FDR 7.56 3.55

(ii) Interest accrued on Deposits 1.35 76.32

(iii) Interest accrued on Margin Money 14.77 5.62

23.68 85.49

(b) Others

(i) Receivables from Projects 836.69 298.54

(ii) Export Incentives/Duty Draw back 427.50 461.43

(iii) Product and Promotional Subsidy Receivable from

Government of India 761.73 664.14

2,025.92 1,424.11

Total 2,049.60 1,509.60


140 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

]ı…h…“ : 17 … Æ˙S……±…x… ∫…‰ Æ˙…V…∫¥…

(EÚ) =i……n˘…Â EÚ“ §…GÚ“ 44,708.84 43,870.24(J…) ∫…‰¥……+…Â EÚ“ §…GÚ“ 2,627.77 2,670.42(M…) `‰ˆE‰Ú ∫…‰ +…™… 11,963.81 5,400.98(P…) +x™… |…S……±…x… Æ˙…V…∫¥… 1,707.91 1,496.61

61,008.33 53,438.25x™…⁄x… :

(RÛ) =i……n˘ ∂…÷±EÚ (152.61) (127.63)E÷Ú±… 60,855.72 53,310.62

M…¶…« x…Æ˙…‰v…EÚ =i……n˘…Â EÚ“ §…GÚ“ 28,999.09 27,494.01

∫¥……∫l™…Æ˙I…… =i……n˘…Â EÚ“ §…GÚ“ 4,834.45 8,212.38

∫……®…… V…EÚ ¥……h…x… =i……n˘…Â EÚ“ §…GÚ“ 1,600.37 1,382.93

¥™…………Æ˙ =i……n˘ +…ËÆ˙ +x™……Â EÚ“ §…GÚ“ 9,274.93 6,780.92

=… ™……‰M… 44,708.84 43,870.24

∫…‰¥……+…Â EÚ“ §…GÚ“ 2,627.77 2,670.42

`‰ˆE‰Ú ∫…‰ +…™… 11,963.81 5,400.98

+x™… |…S……±…x… Æ˙…V…∫¥… 1,707.91 1,496.61

E÷Ú±… 61,008.33 53,438.25

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â

]ı…h…“ ¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â


Note 17 Revenue from operations

(a) Sale of products 44,708.84 43,870.24

(b) Sale of services 2,627.77 2,670.42

(c) Income from Contract 11,963.81 5,400.98

(d) Other operating revenues 1,707.91 1,496.61

61,008.33 53,438.25Less :

(e) Excise duty (152.61) (127.63)

Total 60,855.72 53,310.82

Sale of Contraceptive Products 28,999.09 27,494.01

Sale of Healthcare Products 4,834.45 8,212.38

Sale of Social Marketing Products 1,600.37 1,382.93

Sale of Trading Products and Others 9,274.93 6,780.92

Sub Total 44,708.84 43,870.24

Sale of services 2,627.77 2,670.42

Income from Contract 11,963.81 5,400.98

Other operating revenues 1,707.91 1,496.61

Total 61,008.33 53,438.25


Note Particulars 2011-12 2010-11` lacs ` lacs

142 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

]ı…h…“ : 18 +x™… +…™…

(EÚ) §™……V… +…™… (x…“S…‰ ]ı…h…“ (i) n‰˘J…Â) 520.58 129.16

(J…) +x™… M…ËÆ˙-|…S……±…x… +…™… (x…“S…‰ ]ı…h…“ (ii) n‰˘J…Â) 516.72 680.07

E÷Ú±… 1,037.30 809.23

(i) §™……V… +…™… ®…Â ∂…… ®…±… ΩË˛ :

§…ËEÚ…Â ∫…‰ §™……V… :

EÚ) +±……¥… v… V…®……Â …Æ˙ 455.34 122.26

J…) +x™……Â …Æ˙ 60.94 6.90

M…) +x™… §™……V… 4.30 -

E÷Ú±…-§™……V… +…™… 520.58 129.16

(ii) +x™… M…ËÆ˙-|…S……±…x… +…™… ®…Â ∂…… ®…±… ΩË˛:

EÚ®…«S……Æ“ +…¥……∫……Â ∫…‰ EÚÆ˙…B EÚ… +…™… 3.01 3.42+S…±… ∫…∆… k…™……Â EÚ“ §…GÚ“ EÚÆ˙ ±……¶… 4.15 3.38

§…“®…… n˘…¥…… 26.90 4.60

…÷x…Æ˙…∆ EÚi… EÚB + v…EÚ |……¥…v……x…/@Òh… 13.50 134.64

…]¬ı]ı… EÚÆ˙…™…… 42.79 38.40

+x™… ¥… ¥…v… +…™… 426.37 495.63

E÷Ú±…-+x™… M…ËÆ˙-|…S……±…x… +…™… 516.72 680.07

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â

]ı…h…“ ¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â


Note 18 Other income

(a) Interest income (Refer Note (i) below) 520.58 129.16

(b) Other non-operating income (Refer Note (ii) below) 516.72 680.07

Total 1,037.30 809.23

(i) Interest income comprises :

Interest from banks on :

a) On short term deposit 455.34 122.26

b) On Others 60.94 6.90

c) Other Interest 4.30 -

Total - Interest income 520.58 129.16

(ii) Other non-operating income comprises :

Rental income from Staff quarters 3.01 3.42

Profit on sale of fixed assets 4.15 3.38

Insurance claims 26.90 4.60

Excess provision / credits written back 13.50 134.64

Lease rent 42.79 38.40

Other Misc. Income 426.37 495.63

Total - Other non-operating income 516.72 680.07


Note Particulars 2011-12 2010-11` lacs ` lacs

144 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

+…Æ∆˙ ¶…EÚ ∫]ı…ÏEÚ 2,258.23 1,928.46

V……‰b˜ : J…Æ˙“n˘ 14,476.47 14,113.34

16,734.70 16,041.80

x™…⁄x… : +∆ i…®… ∫]ı…ÏEÚ 2,784.12 2,258.23

J………… Ω÷+… ®……±… EÚ“ ±……M…i… 13,950.58 13,783.57

=…¶…÷HÚ ∫……®…O…“ ®…Â ∂…… ®…±… ΩË˛:

EÚSS…‰ ®……±… 8,000.50 7,707.05

E‰Ú ®…EÚ±∫… 1,680.82 1,655.88

…ËÀEÚM… ∫……®… O…™……ƒ 4,058.32 4,420.64

M…÷h…¥…k…… B¥…∆ =…-`‰ˆEÚ… ¥™…™… EÚ“ ±……M…i… 210.74 -

E÷Ú±… 13,950.58 13,783.57

]ı…h…“ : 19.EÚ J………… Ω÷+… ®……±… EÚ“ ±……M…i…

¥™…………Æ˙ =i……n˘ 7,604.72 5,638.03

∫……®…… V…i… ¥……h…x… •……∆b‰˜b˜ =i……n˘ 1,058.32 2,454.70

E÷Ú±… 8,663.04 8,092.73

]ı…h…“ : 19.J…Ú ¥…G‰Ú™… ®……±……Â EÚ“ J…Æ˙“n˘

¥…π…« E‰Ú +∆i… ®…Â ¥…∫i…÷∫…⁄S…“

i…Ë™……Æ˙ ®……±… 2,416.21 2,225.74

S……±…⁄ EÚ…™…« 480.61 426.533,642.85 2,706.35

¥…π…« E‰Ú |……Æ∆˙¶… ®…Â ¥…∫i…÷∫…⁄S…“

i…Ë™……Æ˙ ®……±… 2,225.74 2,287.68

S……±…⁄ EÚ…™…« 1,226.64 480.612,706.35 2,714.21

x…¥…±… (¥…fi r˘)/EÚ®…“ (936.50) 7.86

]ı…h…“ : 19.M… i…Ë™……Æ˙ ®……±……Â EÚ“ ¥…∫i…÷∫…⁄S…“ +…ËÆ˙ S……±…⁄ EÚ…™…« ®…Â … Æ˙¥…i…«x…

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â


Opening stock 2,258.23 1,928.46

Add : Purchases 14,476.47 14,113.34

16,734.70 16,041.80

Less : Closing stock 2,784.12 2,258.23

Cost of material consumed 13,950.58 13,783.57

Materials consumed comprises :

Raw Materials 8,000.50 7,707.05

Chemicals 1,680.82 1,655.88

Packing Materials 4,058.52 4,420.64

Cost of quality and sub contract expense 210.74 -

Total 13,950.58 13,783.57

Note 19.A Cost of materials consumed

Trading Products 7,604.72 5,638.03

Social Marketing Branded Products 1,058.32 2,454.70

Total 8,663.04 8,092.73

Note 19.B Purchase of traded goods

Inventories at the end of the year :

Finished goods 2,416.21 2,225.74

Work-in-progress 1,226.64 480.61

3,642.85 2,706.35

Inventories at the beginning of the year :

Finished goods 2,225.74 2,287.68

Work-in-progress 480.61 426.53

2,706.35 2,714.21

Net (Increase) / decrease (936.50) 7.86

Note 19.C Changes in inventories of finished goods, and work-in-progress




146 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

(EÚ) ¥…‰i…x… +…ËÆ˙ |……‰i∫……Ω˛x… 8,305.18 7,564.69

(J…) ¶… ¥…π™… x… v… ®…Â +∆∂…n˘…x… 749.71 691.96

(ii) + v…¥…Ãπ…i…… ™……‰V…x…… - -

(M…) =…n˘…x… x… v… ™……‰M…n˘…x… 571.89 736.77

(P…) +ÃV…i… U÷Ù]¬ı]ı“ x… v… 113.42 156.18

(RÛ) EÚ®…«S……Æ˙“ Æ˙…V™… §…“®…… ®…Â +∆∂…n˘…x… 1.48 1.46

(S…) ¥…‰i…x… …÷x…Æ˙“I…h… §…EÚ…™…… 126.64 86.65

(UÙ) EÚ®…«S……Æ˙“ EÚ±™……h… ¥™…™… 1,094.10 703.59

E÷Ú±… 10,962.42 9,941.30

]ı…h…“ : 20Ú EÚ®…«S……Æ˙“ Ω˛i…±……¶… ¥™…™…

(EÚ) §™……V… ¥™…™… :

(i) x…EÚn˘“ =v……Æ˙ 565.63 230.54

(ii) +…¥… v…EÚ @Òh… 129.06 77.01

(J…) +x™… =v……Æ˙ ±……M…i… 81.14 216.82

E÷Ú±… 775.83 524.37

]ı…h…“ : 21Ú ¥…k… ±……M…i…

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â


(a) Salaries and incentives 8,305.18 7,564.69

(b) Contribution to -

(i) Provident fund 749.71 691.96

(ii) Superannuation scheme - -

(c) Gratuity fund contributions 571.89 736.77

(d) Earned Leave Fund 113.42 156.18

(e) Contribution to ESI 1.48 1.46

(f) Pay revision arrears 126.64 86.65

(g) Staff welfare expenses 1,094.10 703.59

Total 10,962.42 9,941.30

Note 20 Employee benefits expense

(a) Interest expense on :

(i) Cash Credit 565.63 230.54

(ii) Term Loan 129.06 77.01

(b) Other borrowing costs 81.14 216.82

Total 775.83 524.37

Note 21 Finance costs



148 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

¥…Y………x… B¥…∆ |…S……Æ˙ +…ËÆ˙ §…GÚ“ |……‰z…®…x… ¥™…™… 2,790.93 2,760.51

§…V…±…“ +…ËÆ˙ <∆v…x… S……V…« 2,680.36 2,206.25

¶……c˜… +…ËÆ˙ +x™… ¥…GÚ™… ¥™…™… 1,218.64 1,878.46

™……j…… i…l…… … Æ˙¥…Ω˛x… 1,214.54 1,196.27

+x™… ¥™…™… 1,065.47 908.90

`‰ˆE‰Ú EÚ®…«S…… Æ˙™……Â EÚ…‰ ¥…‰i…x… 1,004.35 808.53

…Æ˙…®…∂…« i…l…… ∫…‰¥…… ∂…÷±EÚ 756.25 654.33

®…÷i… x…®…⁄x…… ¥…i…Æ˙h… 684.89 599.78

¥… ¥…v… ¥™…™… 1,655.75 488.37

+∂……‰v™… +…ËÆ˙ ∫…∆ n˘Mv… EÚV…«/+ O…®……Â E‰Ú ±…B |……¥…v……x… 418.03 380.35

®…Æ˙®®…i… i…l…… +x…÷Æ˙I…h… ®…∂…“x…Æ˙“ 256.25 280.49

b˜…EÚ, i……Æ˙ i…l…… n⁄˘Æ¶……π… 286.02 227.63

+x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫… ¥™…™… 153.42 182.94

EÚÆ˙…™…… 182.72 152.07

®…÷p˘h… i…l…… ±…‰J…x… ∫……®… O…™……ƒ 171.57 145.36

+x™… … Æ˙∫…∆… k…™……Â E‰Ú ®…Æ˙®®…i… i…l…… +x…÷Æ˙I…h… 119.95 143.07

V…±… S……V…« 154.87 130.74

§…“®…… S……V…« 163.52 126.95

§…ÈEÚ S……V…« 203.91 125.69

¥… x…®…™… =i……Æ˙-S…g¯…¥… 45.89 81.31

EÚ®…«S…… Æ˙™……Â EÚ“ ¶…i…‘ ¥™…™… 88.22 76.13

=…EÚÆ˙h……Â E‰Ú =…¶……‰M… 10.31 69.71

n˘Æ˙ B¥…∆ EÚÆ˙ 55.08 58.25

§…]¬ı]‰ı J……i…‰ b˜…±…‰ M…B §…‰EÚ…Æ˙ … Æ˙∫…∆… k…™……ƒ/¶…∆b˜…Æ˙ E‰Ú §…Ω˛“ ®…⁄±™… 9.85 47.57

|… ∂…I…h… EÚ…™…«GÚ®… ¥™…™… 57.59 38.64

Æ˙…Ï™…±]ı“ 14.94 34.08

<®……Æ˙i……Â EÚ“ ®…Æ˙®®…i… i…l…… +x…÷Æ˙I…h… 107.18 161.30

§…]¬ı]‰ı J……i…‰ b˜…±…‰ M…B +∂……‰v™… EÚV…« B¥…∆ + O…®… 7.24 30.89

±…‰J………Æ˙“I…EÚ…Â EÚ…‰ ¶…÷M…i……x… (x…“S…‰ ]ı…h…“ (i) n‰˘J…Â) 35.83 27.88

+S…±… … Æ˙∫…∆… k…™……Â EÚ“ §…GÚ“/Æ˙q˘“ … Æ˙∫…∆… k…™……Â …Æ˙ Ω˛… x… 15.86 22.80

x…M… ®…i… ∫……®…… V…EÚ n˘… ™…i¥… J…S…« 44.69 17.13

=i……n˘ ∂…÷±EÚ 1.48 12.45

®……M…«∫l… ®…Â x…π]ı ®……±… - 1.10

n˘…x… 0.25 0.03

…⁄¥…« +¥… v… ®…nÂ˘ ( x…¥…±…)/( x…S…‰ ]ı…h…“ (ii) n‰˘J…Â) 2.05 (22.60)

E÷Ú±… 15,677.90 14,058.82

]ı…h…“ : 22Ú +x™… ¥™…™…

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â


Advertisement & Publicity and Sales Promotion Expenses 2,790.93 2,760.51

Power & fuel charges 2,680.36 2,206.25

Freight & Other Selling Expenses 1,218.64 1,878.46

Travelling & Conveyance 1,214.54 1,196.27

Other expenses 1,065.47 908.90

Wages to Contract Labourers 1,004.35 808.53

Consultancy & Service Charges 756.25 654.33

Free sample distribution 684.89 599.78

Miscellaneous Expenses 1,655.75 488.37

Provision for bad & doubtful debts/Advances 418.03 380.35

Repairs & Maintenance Machinery 256.25 286.49

Postage & Telegram, Telephone 286.02 227.63

Research & Development Expenses 153.42 182.94

Rent 182.72 152.07

Printing & Stationery 171.57 145.36

Repairs & maintenance of other assets 119.95 143.07

Water charges 154.87 130.74

Insurance charges 163.52 126.95

Bank charges 203.91 125.69

Exchange Fluctuation 45.89 81.31

Staff recruitment expenses 88.22 76.13

Consumption of Tools 10.31 69.17

Rates & Taxes 55.08 58.25

Book value of obsolete assets/stores written off 9.85 47.57

Training program expenses 57.59 38.64

Royalty 14.94 34.08

Repairs & Maintenance of buildings 107.18 161.30

Bad debt & advances written off 7.24 30.89

Payments to auditors (Refer Note (i) below) 35.83 27.88

Loss on sale of Fixed Assets/scrapped assets 15.86 22.80

Corporate Social Responsibility expenses 44.69 17.13

Excise duty 1.48 12.45

Goods lost in transit - 1.10

Donation 0.25 0.03

Prior period items (net) (Refer Note (ii) below) 2.05 (22.60)

Total 15,677.90 14,058.82

Note 22 Other expenses


150 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

(i) ±…‰J………Æ˙“I…EÚ…Â E‰Ú ¶…÷M…i……x… ®…Â ∂…… ®…±… ΩË˛

±…‰J………Æ˙“I…… ∂…÷±EÚ 11.80 10.48

±…‰J………Æ˙“I…… ∂…÷±EÚ EÚÆ˙ 1.10 1.10

±…‰J………Æ˙“I…… ¥™…™… 8.51 3.34

+…∆i… Æ˙EÚ ±…‰J………Æ˙“I…… ∂…÷±EÚ 14.42 12.96

E÷Ú±… 35.83 27.88

(ii) …⁄¥…« +¥… v… ®…n˘…Â E‰Ú ¥…¥…Æ˙h… ( x…¥…±…)

…⁄¥…« +¥… v… +…™…

+x™… +…™… 3.31 33.47

=…¶…÷HÚ ∫……®…O…“ - 2.09

n˘Æ˙ B¥…∆ EÚÆ˙ - 2.68

E÷Ú±… 3.31 38.24

…⁄¥…« +¥… v… +…™…

EÚ®…«S…… Æ˙™……Â E‰Ú ¥…‰i…x… +…ËÆ˙ ®…W…n⁄˘Æ˙“ - 0.09

|…∂……∫… x…EÚ ¥™…™… 4.60 5.93

®…⁄±™…ø…∫… - 6.06

¥… ¥…v… ¥™…™… 0.49 -

§…“®…… S……V…« - 0.33

¶……c˜… - 3.23

+x™… ¥™…™… 0.27 -

E÷Ú±… 5.36 15.64

…⁄¥…« +¥… v… ®…nÂ ( x…¥…±…) 2.05 (22.60)

]ı…h…“ : 22Ú +x™… ¥™…™… (V……Æ˙“.....)

¥…¥…Æ˙h… 2011-12 2010-11

` ±……J……Â ®…Â ` ±……J……Â ®…Â


(i) Payments to the auditors comprises

Audit fees 11.80 10.48

Tax Audit fees 1.10 1.10

Audit expenses 8.51 3.34

Internal Audit fee 14.42 12.96

Total 35.83 27.88

(ii) Details of Prior period items (net)

Prior period income

Other Income 3.31 33.47

Material consumed - 2.09

Rates & Taxes - 2.68

Total 3.31 38.24

Prior period expenses

Employees Salaries & Wages - 0.09

Administrative Expenses 4.60 5.93

Depreciation - 6.06

Misc. expenses 0.49 -

Insurance Charges - 0.33

Freight - 3.23

Other expenses 0.27 -

Total 5.36 15.64

Prior period items (net) 2.05 (22.60)

Note 22 Other expenses (Contd.)

2011-12 2010-11

` lacs ` lacsParticulars

152 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

23 +…∫l… M…i… EÚÆ˙ (n‰˘™…i……)/… Æ˙∫…∆… k…™……ƒ

®…⁄±™…ø…∫… 974.77 833.49

+…∫l… M…i… EÚÆ˙ n‰˘™…i…… Ω˛…‰x…‰ ¥……±…‰ ®…n…Â E‰Ú EÚÆ˙ |…¶……¥… 974.77 833.49

+…∫l… M…i… EÚÆ˙ Ω˛…‰x…‰ ¥……±…“ … Æ˙∫…∆… k…™……Â E‰Ú ®…n…Â E‰Ú EÚÆ˙ |…¶……¥…¥…“.+…Æ˙.B∫… ¶…÷M…i……x… - 1.25

∫…∆ n˘Mv… @Òh… E‰Ú ±…B |……¥…v……x… 344.10 256.45

∫…®…™……‰… Æ˙ §…EÚ…™…… E‰Ú ±…B |……¥…v……x… 28.11 28.91

§……Ïx…∫… E‰Ú ±…B |……¥…v……x… 89.95 47.90

+x™… 158.85 147.61

+…∫l… M…i… EÚÆ˙ Ω˛…‰x…‰ ¥……±…“ … Æ˙∫…∆… k…™……Â E‰Ú ®…n˘…Â E‰Ú EÚÆ˙ |…¶……¥… 621.01 482.12

x…¥…±… +…∫l… M…i… EÚÆ˙ (n‰™…i……)/… Æ˙∫…∆… k… (353.76) (351.37)

]ı…h…“ : 23Ú ±…‰J…… ®……x…EÚ-22 E‰Ú +v…“x… |…EÚ]ı“EÚÆ˙h…-+…™… …Æ˙ EÚÆ˙ E‰Ú ±…B ±…‰J……

]ı…h…“ ¥…¥…Æ˙h… 2011-12 2010-11

` ±……J……Â ®…Â ` ±……J……Â ®…Â


23 Deferred tax (liability)/asset

Depreciation (974.77) (833.49)

Tax effect of items constituting deferred tax liability (974.77) (833.49)

Tax effect of items constituting deferred tax assets

V.R.S. Payment - 1.25

Provision for doubtful debts 344.10 256.45

Provision for Overtime arrear 28.11 28.91

Provision for Bonus 89.95 47.90

Others 158.85 147.61

Tax effect of items constituting deferred tax assets 621.01 482.12

Net deferred tax (liability) / asset (353.76) (351.37)

Note 23. Disclosures under Accounting Standards - 22 Accounting for Taxes on Income

Notes Particulars 2011-12 2010-11

` lacs ` lacs

154 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â

]ı…h…“ : 24Ú ¥…k…“™… ¥…¥…Æ˙h… E‰Ú + i… Æ˙HÚ ∫…⁄S…x……

+…™……i… EÚ… ®…⁄±™… (∫…“ +…<« B°Ú)

EÚSS…‰ ®……±… 1,327.28 691.78∫…∆P…]ıEÚ i…l…… …÷V…Á 74.25 122.08…⁄ƒV…“M…i… ®……±… 656.26 19.42¥™…………Æ˙ =i……n˘…Â EÚ… GÚ™… 2,158.17 4,007.46E÷Ú±… 4,215.96 4,840.74

¥…n‰∂…“ ®…÷p˘… ®…Â ¥™…™…

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â

™……j…… 100.05 88.10∫…‰¥…… S……V…« 10.43 37.84 §…GÚ“ |……‰z…®…x… ¥™…™… 127.88 158.85Æ˙…Ï™…ı±]ı“ 15.68 34.08¶……b˜… +…ËÆ˙ +x™… ¥™…™… 0.00 1,103.86E÷Ú±… 254.03 1,422.73

¥…n‰∂…“ ¥… x…®…™… ®…Â +V…«x… (B°Ú +…‰ §…“ ®…⁄±™…)

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â

x…™……«i… §…GÚ“/x…®…⁄x…… 4,869.89 5,045.17¶……c˜… & §…“®…… 75.27 81.05+x™…-®… Ω˛±…… E∆Úb˜…‰®… §…GÚ“ |……‰z…®…x… 14,68 0.00E÷Ú±… 4,959.84 5,126.22

x…n‰∂…EÚ…Â EÚ…‰ …… Æ˙∏… ®…EÚ

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â

¥…‰i…x… 66.47 55.41¶… ¥…π™… x… P… +∆∂…n˘…x… 6.52 5.80+x…÷±…Œ§v…™……ƒ 38.04 3.80E÷Ú±… 111.03 65.01@Òh… §…EÚ…™…… 0.00 0.21

®…∆b˜±… EÚ“ i…Æ˙°Ú ∫…‰ ∫…∆§…r˘ <∫…“ i……Æ˙“J… EÚ“ Ω˛®……Æ˙“ Æ˙……‰]«ı n‰˘J…ÂEfiÚi…‰ +x…i…˘x… Bhb˜ ∫…÷xn˘Æ˙®…

∫…x…n˘“ ±…‰J……EÚ…Æ°Ú®…« x…∆. 000148 B∫…˙

b˜…Ï. B®….+™™……x… b˜…Ï. B.E‰Ú. …hb˜… +…Æ˙˙.…“. J…hb‰˜±…¥……±… …“. ∏…“E÷Ú®……Æ˙ ¥…“. ®…“x……I…“ ∫…÷xn˘Æ˙®…+v™…I… B¥…∆ x…n‰˘∂…EÚ x…n‰˘∂…EÚ ( ¥…k…) E∆Ú…x…“ ∫… S…¥… B¥…∆ ∫……Z…‰n˘…Æ˙|…§…∆v… x…n‰˘∂…EÚ =……v™…I…Ú (∫…“ B B∫…) ∫…n˘∫™… ∫…∆. 020120

=…n˘…x… EÚ“ n‰˘™…i…… ¶……Æ˙i… E‰Ú V…“¥…x… §…“®…… x…M…®… EÚ“ O…⁄… =…n˘…x… ™……‰V…x…… u˘…Æ˙… x… v…EÚ EÚ“ V……i…“ ΩË˛* <∫… ±…B |…“ ®…™…®… ¥™… HÚM…i… i……ËÆ˙ …Æ˙+ ¶… x…Œ∂S…i… x…Ω˛” ΩË˛ +i…: ∂…… ®…±… x…Ω˛” ΩË˛*




` lacs ` lacs

Raw Materials 1,327.28 691.78

Components and Spares 74.25 122.08

Capital Goods 656.26 19.42

Purchase of Trading Products 2,158.17 4,007.48

Total 4,215.96 4,840.74

Expenditure in Foreign Currency


\` lacs ` lacs

Travelling 100.05 88.10

Service Charges 10.43 37.84

Sales Promotion Expenses 127.88 158.85

Royalty 15.68 34.08

Freight and Other expenses 0.00 1,103.86

Total 254.03 1,422.73

Earning in Foreign Exchange (FOB Value)


` lacs ` lacs

Export Sales / Samples 4,869.89 5,045.17

Freight & Insurance 75.27 81.05

Others - Female Condom Sales Promotion 14.68 0.00

Total 4,959.84 5,126.22

Remuneration to Directors


` lacs ` lacs

Salary 66.47 55.41

P.F. Contribution 6.52 5.80

Perquisites 38.04 3.80

Total 111.03 65.01

Loan Outstanding 0.00 0.21

The gratuity liability is funded through Group Gratuity Scheme of LIC of India. As such the premium is

not ascertainable on individual basis and hence not included.

Note 24. Additional Information to the financial statements

Value of Imports (CIF)



156 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

]ı…

h…“ : 25

¥…π…« 2

011-

12 E

‰Ú ±…B =

…¶…÷H

Ú n‰∂

…“ i…l

…… +…™…

… i…i…

∫……®

… O…™…

…Â E‰Ú ®…⁄±™…

®…⁄±™…

%®…⁄±

™…%

®…⁄±™…

%

` l

acs

` l

acs

` l

acs

1.E∆Úb˜…‰®…

9,40

5.64

97.7

221

9.26

2.28

9,62

4.89

100.

00

2.Œ∫]ıÆ

˙…‰<b˜±… +

…‰ ∫…“ …“

514.

0566

.34

260.

8633

.66

774.

9110

0.00

3.x……

Ïx… Œ∫]ıÆ

˙…‰<b˜±… +

…‰ ∫…“ …“

362.

8510

0.00

--

362.

8510

0.00

4.EÚ…Ï…Æ˙

]ı“11

7.83

43.0

315

5.99

56.9

727

3.82

100.

00

5.®…

Ω˛±……

∫¥……∫

l™… Æ˙I

…… =i…

…n˘

895.

3010

0.00

--

895.

3010

0.00

6.§±…b

˜ §…ËM…

650.

4280

.55

157.

0519

.45

807.

4710

0.00

7.Ω˛…<b

≈˜…‰∫…‰°Ú…±

…∫… π

…hb˜

3.37

66.6

01.

6933

.40

5.06

100.

00

8.]ı¨

⁄§…±… À

Æ˙M…

--

23.4

110

0.00

23.4

110

0.00

9.∫™…⁄S…Æ˙

94.8

930

.04

221.

0469

.96

315.

9310

0.00

10.

|…‰Mx…‰x

∫…“ ]‰ı∫

]ı EÚ…b

«˜76

1.12

100.

00-

-76

1.12

100.

00

11.

+x™…

105.

8210

0.00

--

105.

8210

0.00

E÷Ú±…

12,9

11.2

81,

039.

3013

,950

.58

GÚ.∫…∆.

¥…¥…Æ

˙h…n‰˘∂

…“+…™…

… i…i…

E÷Ú±…


NO

TE 2

5. V

ALU

E O

F IN

DIG

EN

OU

S A

ND

IMP

OR

TED

MA

TER

IALS

CO

NS

UM

ED

FO

R T

HE

YE

AR

201

1-12

VALU

E%

VA

LUE

%V

ALU

E%

` l

acs

` l

acs

` l

acs

1.C

on

do

m9,

405.

6497

.72

219.

262.

289,

624.

8910

0.00

2.S

terio

dal

OC

Ps

514.

0566

.34

260.

8633

.66

774.

9110

0.00

3.N

on-S

teri

odal

OC

Ps

362.

8510

0.00

--

362.

8510

0.00

4.C

oppe

r T

117.

8343

.03

155.

9956

.97

273.

8210

0.00

5.W

oman

hea

lth c

are

prod

ucts

895.

3010

0.00

--

895.

3010

0.00

6.B

lood

Bag

650.

4280

.55

157.

0519

.45

807.

4710

0.00

7.H

ydro

ceph

alus

Shu

nt3.

3766

.60

1.69

33.4

05.

0610

0.00

8.T

ubal

Rin

g-

-23

.41

100.

0023

.41

100.

00

9.S

utur

e94

.89

30.0

422

1.04

69.9

631

5.93

100.

00

10.

Pre

gnan

cy T

est

Car

d76

1.12

100.

00-

-76

1.12

100.

00

11.

Oth

ers

105.

8210

0.00

--

105.

8210

0.00

TOTA

L12

,911

.28

-1,

039.

30-

13,9

50.5

8

SL.

PA

RTI

CU

LAR

SIN

DIG

EN

OU

SIM

PO

RTE

DTO

TAL

NO

158 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

31 ®……S…«, 2012 EÚ…‰ ∫…®……i… ¥…k…“™… ¥…¥…Æ˙h… E‰Ú ¶……M… EÚ“ ]ı…h…“

GÚ®… ∫…∆. ¥…¥…Æ˙h…

x…M… ®…i… ∫…⁄S…x……

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜ E∆Ú…x…“ + v… x…™…®… 1956 E‰Ú |……¥…v……x……Â E‰Ú +v…“x… ∫…∆∫l…… …i… ¶……Æ˙i… ®…Â + v…¥……∫…“ +…ËÆ˙¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ u˘…Æ˙… …⁄h…« ∞¸… ∫…‰ ∫¥…… ®…i¥… EÚ™…‰, ®… x…Æ˙ix…… =t®… ΩË˛ * BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜ 21 °ÚÆ˙¥…Æ˙“,2012 ∫…‰ ∫……¥…«V… x…EÚ ±… ®…]‰ıb˜ E∆Ú…x…“ E‰Ú ∞¸… ®…Â … Æ˙¥…Ãi…i… EÚ™…… M…™…… ΩË˛ * E∆Ú…x…“ M…¶…« x…Æ˙…‰v…EÚ =i……n˘…Â E‰Ú ¥… x…®……«h… B¥…∆ ¥……h…x…, ∫¥……∫l™… Æ˙I…… =i……n˘, ∫……®…… V…EÚ ¥……h…x… =i……nÂ˘ +…ËÆ˙ ∫¥……∫l™… Æ˙I…… +¥…∫…∆Æ˙S…x…… +…ËÆ˙ |………h… +…ËÆ˙ x…Ën˘… x…EÚ∫…‰¥……+…Â E‰Ú ±…B …Æ˙…®…∂…« B¥…∆ ‰ˆEÚ… ∫…‰¥……B∆ |…n˘…x… EÚÆ˙x…‰ ®…Â ±…M…“ Æ˙Ω˛i…“ ΩË˛ * E∆Ú…x…“ n‰˘∂…“™… +…ËÆ˙ +∆i…Æ˙…«π]≈ı“™… n˘…‰x……Â §……W……Æ˙…Â EÚ…‰|…§…∆v… EÚÆ˙i…“ ΩË˛ *

1. ∫……l…«EÚ ±…‰J…… x…“ i…™……ƒ

¶……Æ˙i… ®…Â ∫……®……x™… ∞¸… ∫…‰ ∫¥…“EfiÚi… ±…‰J…… x…“ i…™……Â (<∆ b˜™…x… V…“ B B …“) E‰Ú +x…÷∫……Æ˙ E∆Ú…x…“ E‰Ú ¥…k…“™… ¥…¥…Æ˙h… §…x……™…‰ M…™…‰ ΩÈ*E∆Ú…x…“ x…‰ ¶……Æ˙i… E‰Ú ∫…x…n˘“ ±…‰J……EÚ…Æ˙…Â E‰Ú =n¬˘P……‰π…h……/ ®……M…«n˘∂…‘ ∫…r˘…∆i……Â E‰Ú +±……¥…… E∆Ú…x…“ x…™…®… 2006 (™…l…… ∫…∆∂……‰ v…i…)E‰Ú (±…‰J…… ®……x…EÚ) E‰Ú +v…“x… +…ËÆ˙ E∆Ú…x…“ + v… x…™…®… 1956 ∫…÷∫…∆M…i… |……¥…v……x……Â + v…∫…⁄ S…i… ±…‰J…… ®……x…EÚ E‰Ú ∫……l… ∫…¶…“ ¶……Ë i…EÚ∫…∆§…∆v… ®…Â +x…÷……±…x… EÚÆ˙E‰Ú <x… ¥…k…“™… ¥…¥…Æ˙h……Â EÚ…‰ i…Ë™……Æ˙ EÚ™…… * ¥…k…“™… ¥…¥…Æ˙h… |……‰n¬¶…¥…x… +…v……Æ˙ …Æ˙ +…ËÆ˙ …Æ∆…Æ˙…M…i… ±…‰J…… ¥… v… E‰Ú +v…“x… i…Ë™……Æ˙ EÚ™…‰ M…™…‰ ΩÈ˛ * ¥…k…“™… ¥…¥…Æ˙h… EÚ“ i…Ë™……Æ˙“ ®…Â +…x……™…“ ±…‰J…… x…“ i… …UÙ±…‰ ¥…π……Á E‰Ú ∫……l… ∫……®…∆V…∫™…Æ˙J…i…‰ ΩÈ*

1.1 ±…‰J…… E‰Ú +…v……Æ˙ +…ËÆ˙ ¥…k…“™… ¥…¥…Æ˙h……Â EÚ“ i…Ë™……Æ˙“

1 +|…Ë±…, 2011 E‰Ú |…¶……¥… ∫…‰ ¥…k…“™… ¥…¥…Æ˙h… E‰Ú i…Ë™……Æ˙“ B¥…∆ |…∫i…÷i…“EÚÆ˙h… E‰Ú ±…B E∆Ú…x…“ + v… x…™…®… 1956 E‰Ú +v…“x…+ v…∫…⁄ S…i… ∫…∆∂……‰ v…i… +x…÷∫…⁄S…“ 6 E∆Ú…x…“ ®…Â ±……M…⁄ Ω÷<« ΩË˛ * ¥…k…“™… ¥…¥…Æ˙h… EÚ“ i…Ë™……Æ˙“ E‰Ú ±…B ……±…x… EÚB ®……x™…i…… +…ËÆ˙®………x… ∫…r˘…∆i… ∫…∆∂……‰ v…i… +x…÷∫…⁄S…“ 6 E‰Ú +∆M…“EÚ…Æ˙ ®…Â |…¶……¥… x…Ω˛” b˜…±…i…… ΩË˛Ë˛ * V…Ë∫…‰ ¶…“ Ω˛…‰, <∫…EÚ…‰ ¥…k…“™… ¥…¥…Æ˙h… ®…Â §…x……B|…∫i…÷i…“EÚÆ˙h… +…ËÆ˙ |…EÚ]ı“EÚÆ˙h… ®…Â‰ ®…Ω˛i¥……⁄h…« |…¶……¥… ΩË *˙ E∆Ú…x…“ x…‰ ¶…“ ¥…t®……x… ¥…π…« ®…Â ±……M…⁄ +…‰I……+…Â E‰Ú +x…÷∫……Æ˙ …UÙ±…‰ ¥…π…«E‰Ú +…ƒEÚb˜…Â EÚ…‰ …÷x…¥…«M…‘EÚÆ˙h… EÚ™…… ΩË˛ *

E∆Ú…x…“ x…‰ <« +…Æ˙ …“ (B∫… B …“ <« ∫…“ ∫…“ 6.0) 1 +M…∫i…, 2011 ∫…‰ EÚ…™……«Œx¥…i… EÚ™…… ΩË˛ +…ËÆ˙ ±…‰J…… B∫… B …“ ∫…‰ i…Ë™……Æ˙ EÚB M…B ΩÈ˛*

1.2 +…EÚ±…x… E‰Ú |…™……‰M…

<∆ b˜™…x… V…“ B B …“ E‰Ú ∫……l… ∫…®…x…÷∞¸…i…… ®…Â ¥…k…“™… ¥…¥…Æ˙h… EÚ“ i…Ë™……Æ˙“ |…§…∆v… EÚ…‰ ¥…π…« E‰Ú n˘…ËÆ˙…x… Æ˙……‰]«ı EÚ“ M…<«… Æ˙∫…∆… k…™……Â +…ËÆ˙ n‰˘™…i……+…Â EÚ“ Æ˙EÚ®… (|……∫…∆ M…EÚ n‰˘™…i……+…Â ∫… Ω˛i…) +…ËÆ˙ Æ˙……‰]«ı EÚB M…B +…™… +…ËÆ˙ ¥™…™… ®…Â ¥…S……Æ˙ EÚB+…EÚ±…x… +…ËÆ˙ …⁄¥……«x…÷®……x… §…x……x…… +…‰ I…i… ΩË˛ * |…§…∆v… ¥…∂¥……∫… EÚÆ˙i…… ΩË˛ EÚ ¥…k…“™… ¥…¥…Æ˙h… EÚ“ i…Ë™……Æ˙“ ®…Â |…™…÷HÚ +…EÚ±…x… ¥…¥…‰EÚ“ +…ËÆ˙ = S…i… ΩË˛ * ¶… ¥…π™… … Æ˙h……®… <x… +…EÚ±…x……Â E‰Ú EÚ…Æ˙h… ¶…z… Ω˛…ÂM…‰Ú +…ËÆ … Æ˙h……®… + ¶…Y… Ω˛…‰x…‰ ¥……±…‰/EÚ…™……«Œx¥…i…Ω˛…‰x…‰ ¥……±…“ +¥… v… ®…Â …Ω˛S……x… EÚ“ V……i…“ ΩË˛*˛˙

1.3 ¥…∫i…÷∫…⁄S…“

EÚSS…‰ ®……±…, ¶…hb˜…Æ˙ B¥…∆ + i… Æ˙HÚ …÷V……Á E‰Ú ®…⁄±™……∆EÚx… E‰Ú ±…B +…Ë∫…i…x… ¶……Æ˙ °Ú…®…÷«±…… EÚ… <∫i…‰®……±… EÚ™…… V……i…… ΩË˛* S……±…⁄EÚ…™…«, ∫…∆GÚ®…h… ®…Â Œ∫l…i…/ x…Æ˙“I…h……v…“x… ∫……®… O…™……‰∆ EÚ…‰ ±……M…i… …Æ˙ n˘J……™…‰ V……i…‰ ΩÈ˛ * Ω˛Æ˙ ¥…π…« ®…Â +|…™…÷HÚ f¯“±…… +…ËV……Æ˙…Â EÚ…‰=x…E‰Ú =…™……‰M…“ EÚ…™…«EÚ…±… …Æ˙ v™……x… Æ˙J…EÚÆ˙ …÷x…˙®…⁄«±™……∆EÚx… EÚB V……i…‰ ΩÈ˛ +…ËÆ˙ …÷x…®…⁄«±™……∆ EÚi… ±……M…i… …Æ˙ ±…‰ V……i…‰ ΩÈ˛ * ¥… x…Ã®…i… i…Ë™……Æ˙ ®……±……Â/¥™…………Æ˙ E‰Ú ±…B J…Æ˙“n‰˘ M…™…‰ ®……±……Â EÚ… ®…⁄±™……∆EÚx…, V…Ω˛…ƒ EÚΩ˛” ±……M…⁄ ΩË˛ =i……n˘ ∂…÷±EÚ ∫… Ω˛i… x™…⁄x…i…®…±……M…i… ™…… x…¥…±… |……™… ®…⁄±™… E‰Ú +…v……Æ˙ …Æ˙ EÚ™…‰ M…™…‰ ΩÈË * ∫]ı…ÏEÚ ®…Â ¥… x…Ã®…i…/ ¥…G‰Ú™… i…Ë™……Æ˙ ®……±… V…∫…EÚ… ∂…‰±°Ú ±……<°Ú 30V…⁄x… i…EÚ ∫…®……i… Ω˛…‰i…… ΩË˛, EÚ…‰ ∂…⁄x™… ®…⁄±™… …Æ˙ ±…B V……i…‰ ΩÈ˛ *


Notes forming part of the financial statement for the year ended 31st March, 2012

Sl.No. Particulars

Corporate Information

HLL Lifecare Limited is a Mini Ratna Enterprise, fully owned by Government of India domiciledin India and incorporated under the provisions of the Companies Act, 1956. HLL Lifecare Ltdwas converted into a Public Limited Company with effect from 21st February 2012. Thecompany is engaged in the manufacturing and marketing of contraceptive products, healthcare products, social marketing products and providing consultancy and contract servicesfor healthcare infrastructure & procurement and diagnostic services. The company catersto both domestic and international markets.

1. Significant accounting policies

The financial statements of the company have been prepared in accordance with generallyaccepted accounting principles in India (Indian GAAP). The company has prepared thesefinancial statements to comply in all material respect with the accounting standards notifiedunder the Companies (Accounting Standards) Rules, 2006, (as amended) and the relevantprovisions of the Companies Act, 1956, besides the pronouncements/guidelines of theInstitute of Chartered Accountants of India. The financial statements have been prepared onan accural basis and under the historical cost convention. The accounting policies adoptedin the preparation of financial statements are consistent with those of previous year.

1.1 Basis of accounting and preparation of financial statements

With effect from 1st April 2011, the revised Schedule VI notified under the Companies Act1956, has become applicable to the company for preparation and presentation of its financialstatements. The adoption of revised Schedule VI does not impact recognition andmeasurement principles followed for preparation of financial statements. However, it hassignificant impact on presentation and disclosure made in the financial statements. Thecompany has also reclassified the previous year figures in accordance with the requirementsapplicable in the current year.

Company has implimented ERP (SAP ECC 6.0) from 1st August 2011 and the accountsare prepared from SAP.

1.2 Use of estimates

The preparation of the financial statements is in confirmity with Indian GAAP requires theManagement to make estimates and assumptions considered in the reported amounts ofassets and liabilities (including contingent liabilities) and the reported income and expensesduring the year. The Management believes that the estimates used in preparation of thefinancial statements are prudent and reasonable. Future results could differ due to theseestimates and the difference between the actual results and the estimates are recognisedin the periods in which the results are known/materialised.

1.3 Inventories

The weighted average formula is used for the valuation of raw materials, stores and spares.Work-in-progress, materials in transit/under inspection are carried at cost. Unused LooseTools are revalued every year taking into account the useful life of the tools and carried atthe revalued cost. Finished goods manufactured/goods purchased for trading are valued atlower of cost/net realizable value, including excise duty, wherever applicable. Manufactured/traded finished goods in stock whose shelf life expires upto 30th June are taken atNIL value.

160 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

1.4 x…EÚn˘ +…ËÆ˙ x…EÚn˘ i…÷±™……∆EÚ (x…EÚn˘ |…¥……Ω˛ ¥…¥…Æ˙h… E‰Ú =q‰˘∂™… E‰Ú ±…B)

Ω˛…l… ®…Â x…EÚn˘ +…ËÆ˙ §…ÈEÚ E‰Ú ∫……l… ®……ƒM… V…®…… ∫…®……¥…‰ ∂…i… ΩË * x…EÚn˘ i…÷±™……∆EÚ +±……¥… v… ∂…‰π… E‰Ú (i…“x… ®…Ω˛“x…‰ E‰Ú ®…⁄±… … Æ˙…C¥…E‰Ú ∫……l… ™…… +V…«x… EÚ“ i……Æ˙“J… ∫…‰ EÚ®…) =SS… x…EÚn˘“ x…¥…‰∂…, V……‰ x…EÚn˘ EÚ“ Y……i… Æ˙EÚ®… ®…Â +…∫……x…“ ∫…‰ … Æ˙¥…i…«x…“™… ΩË˛ +…ËÆ˙®…⁄±™… ®…Â … Æ˙¥…i…«x… +∫……l…«EÚ V……‰ J…®… E‰Ú +…v……Æ˙ …Æ˙ ΩË˛ *

1.5 x…EÚn˘ |…¥……Ω˛ ¥…¥…Æ˙h…

x…EÚn˘ |…¥……Ω˛ +|…i™…I… |…h……±…“ E‰Ú =…™……‰M… EÚÆ˙ E‰Ú Æ˙……‰]«ı EÚ™…… M…™…… ΩË V…Ω˛…ƒ u˘…Æ˙… M…ËÆ˙ x…EÚn˘“ |…EfiÚ i… E‰Ú +…ËÆ˙ EÚ∫…“+…∫l…M…x… ™…… M…i… ™…… ¶… ¥…π™… EËÚ∂… +…¥… i…™……Â E‰Ú |……‰n¬¶…¥…x… ™…… ¶…÷M…i……x… E‰Ú ±…‰x…n‰x… E‰Ú |…¶……¥… E‰Ú ±…B +∫……v……Æ˙h… ®…n˘…Â E‰Ú ±……¶…/(Ω˛… x…) +…ËÆ˙ EÚÆ˙ ∫…®……™……‰ V…i… EÚÆ˙i…… ΩË˛* E∆Ú…x…“ E‰Ú |…S……±…x…, x…¥…‰∂… +…ËÆ˙ ¥…k…“™… |…§…∆v… EÚ…™…«EÚ±…………Â ∫…‰ x…EÚn˘ |…¥……Ω˛ ±…‰J………Æ˙“ I…i… ¥…k…“™… ¥…¥…Æ˙h……Â E‰Ú +x…÷∫……Æ˙ +±…M… EÚB V……i…‰ ΩÈ˛*

1.6 +S…±… … Æ˙∫…∆… k…™……ƒ

®…⁄i…« … Æ˙∫…∆… k…™……ƒ

+S…±… … Æ˙∫…∆… k…™……ƒ …Æ∆˙˙…Æ˙…M…i… ±……M…i… …Æ˙ ∫…∆ S…i… ®…⁄±™…ø…∫… EÚ®… EÚÆ˙E‰Ú n˘“ M…<« ΩÈ˛ * ±……M…i… ®…Â ∫…‰x…¥……]ı G‰Ú b˜]ı E‰Ú x…¥…±…V…Ω˛…ƒ EÚΩ˛” ±……M…⁄ ΩË˛, ∫…¶…“ |……∫…∆ M…EÚ ¥™…™… ∂…… ®…±… ΩÈ˛˛ * x…<« … Æ˙™……‰V…x……Bƒ/x…B ¥™…¥…∫……™……Â EÚ…‰ …Ω˛S……x…x…‰ E‰Ú ±…B J…S…« Ω÷˛BÆ˙…V…∫¥… ¥™…™… S……±…⁄ …⁄ƒV…“ EÚ…™…« E‰Ú ∞¸… ®…Â ®……x…… V……i…… ΩË˛ * ™…Ω˛ ¥™…¥…∫……™… |……Æ∆˙¶… EÚÆ˙x…‰ E‰Ú |…l…®… ¥…π…« ®…Â … Æ˙™……‰V…x…… ±……M…i… ®…Â+…®…‰ ±…i… EÚ™…… V……BM……* ™… n˘ x…<« … Æ˙™……‰V…x……/x…B ¥™…¥…∫……™… 3 ¥…k…“™… ¥…π……Á EÚ“ +¥… v…™……Â ®…Â EÚ…™……«Œx¥…i… x…Ω˛” EÚB M…B ΩË∆ i……‰∫…¶…“ ¥™…™… i…“∫…Æ‰˙ ¥…π…« ®…Â Æ˙…V…∫¥… ®…Â |…¶…… Æ˙i… EÚÆÂ˙M…‰ * …^ı…¶…⁄ ®… E‰Ú ®…⁄±™… …^‰ı +¥… v… …Æ˙ … Æ˙∂……‰ v…i… EÚ™…… M…™…… ΩË˛ * +S…±…… Æ˙∫…∆… k…™……Â EÚ“ ±……M…i… ®…Â =v……Æ˙ …Æ˙ §™……V… (¶…… Æ˙i… +…Ë∫…i… n˘Æ˙ …Æ˙ … Æ˙EÚ ±…i…) +…ËÆ˙ +S…±… … Æ˙∫…∆… k…™……Â E‰Ú + v…O…Ω˛h…E‰Ú ±…B ¥…∂…‰π… ∞¸… ∫…‰ +…Æ˙…‰™… |…∂……∫… x…EÚ ¥™…™… ∂…… ®…±… ΩÈ˛ *

+®…⁄i…« … Æ˙∫…∆… k…™……ƒ

1.4.2003 ∫…‰ J…S…« Ω÷˛B E∆Ú™…⁄]ıÆ˙ ∫……Ï]ı¥…‰™…Æ˙ EÚ“ ±……M…i… +…ËÆ˙ ±……<∫…Â∫… ∂…÷±EÚ EÚ…‰ +®…⁄i…« … Æ˙∫…∆… k…™……Â E‰Ú ∞¸… ®…Â ¥…M…‘EfiÚi… EÚB V……i…‰ ΩÈ˛ *

<« +…Æ˙ …“ (B∫… B …“ <« ∫…“ ∫…“ 6.0) EÚ…™……«x¥…™…x… EÚ“ ±……M…i… ∫…®……x…÷…… i…EÚ +…v……Æ˙ …Æ˙ 8 ¥…π……Á EÚ“ +¥… v… E‰Ú ±…B ∫…®……x…∞¸… ∫…‰ … Æ˙∂……‰v…x… EÚ™…… V……i…… ΩË˛ *

B∫… B …“ E‰Ú +±……¥…… +x™… E∆Ú™…⁄]ıÆ˙ ∫……Ï]ı¥…‰™…Æ˙…Â EÚ“ ±……M…i… ∫…®……x…÷…… i…EÚ +…v……Æ˙ …Æ˙ 3 ¥…π……Á EÚ“ +¥… v… E‰Ú ±…B ∫…®……x… ∞¸…∫…‰ … Æ˙∂……‰v…x… EÚ™…… V……i…… ΩË˛ * |…n˘k… ±……<∫…Â∫… ∂…÷±EÚ EÚ…‰ ∫…®…Z……Ëi…‰ EÚ“ +¥… v… ®…Â ∫…®……x… ∞¸… ∫…‰ … Æ˙∂……‰v…x… EÚ™…… V……i…… ΩË˛*

®…⁄±™…ø…∫… +…ËÆ˙ @Òh…®…÷ HÚ

+t…¥… v… ∫…∆∂……‰ v…i… E∆Ú…x…“ + v… x…™…®…, 1956 EÚ“ +x…÷∫…⁄S…“ XIV ®…Â x…v……« Æ˙i… n˘Æ˙…Â E‰Ú +x…÷∫……Æ˙ ®…⁄±™…ø…∫… ¥™…¥…Œ∫l…i… EÚ™……M…™…… ΩË˛ * +S…±… … Æ˙∫…∆… k…™……Â ∫…‰ … Æ˙¥…v…«x…/EÚ]ı…Ëi…“ …Æ˙ ®…⁄±™…ø…∫… ®…… ∫…EÚ ∫…®……x…÷…… i…EÚ +…v……Æ˙ …Æ˙ n˘B V……i…‰ Ω∆Ë˛ * +¥… v…∫…®……i…/Æ˙q˘“ i…l…… x……]ı…x… E‰Ú ±…B …b˜“ +S…±… … Æ˙∫…∆… k…™……Â EÚ…‰ x…®x…i…®… §…Ω˛“ ®…⁄±™…Ú/ x…¥…±… ¥…∫…⁄±…“ ™……‰M™… ®…⁄±™… …Æ˙ x…™…i… EÚ™…… V……i…… ΩË˛ +…ËÆ "Æ˙q˘“/+ v…∂…‰π… … Æ˙∫…∆… k…" ∂…“π…« E‰Ú +v…“x… ∫…∆… k… ∫…⁄S…“ ®…Â ¥…M…‘EÚfii… EÚB V……˙i…‰ ΩÈ˛ *

®…⁄±™…ø…∫…/@Òh…®…÷ HÚ EÚ“ ¥… v…

EÚ) 01.04.1993 ∫…‰ +S…±… … Æ˙∫…∆… k…™……Â ®…Â |… i… 5000/- ™…… =∫…∫…‰ EÚ®… ±……M…i… E‰Ú … Æ˙¥…v…«x……‰∆ EÚ…‰ … Æ˙¥…v…«x… EÚ“i……Æ˙“J… EÚ…‰ v™……x… ®…Â Æ˙J…‰ §…x…… …⁄h…«i…™…… ®…⁄±™…ø…∫… EÚ™…‰ V……i…‰ ΩÈ˛*

J…) =…EÚÆ˙h… E‰Ú ∫……l… +ÃV…i… ®…∂…“x…Æ˙“ …÷V……Á EÚ… ®…⁄±™…ø…∫… ®…⁄±… ®…∂…“x…Æ˙“ E‰Ú ±…B =…™…÷HÚ n˘Æ˙ ¥… |…h……±…“ E‰Ú |…™……‰M… EÚÆ˙E‰Ú EÚB V……i…‰ ΩÈ˛*

M…) ¶… ¥…π™… E‰Ú |…™……‰M… E‰Ú ±…B +±…M… ∞¸… ∫…‰ |………h… EÚB ®…∂…“x…Æ˙“ …÷V……Á E‰Ú ®……®…±…‰ ®…Â, ∫…∆§…∆ v…i… ®…∂…“x…Æ˙“ EÚ“ ∫…®……i… +¥… v…E‰Ú ∫…∆ S…i… ®…⁄±™…ø…∫… EÚ…‰ ∫…®…i…÷±™… n˘Æ˙ +V…«x… ¥…π…« ®…Â =∫… ¥…π…« E‰Ú ®…⁄±™…ø…∫… E‰Ú ∫……l… S……V…« EÚB V……i…‰ ΩÈ˛ *

P…) …^‰ı …Æ˙ +S…±… … Æ˙∫…∆… k…™……Â E‰Ú ®…⁄±™…ø…∫…/… Æ˙∂……‰v…x… E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ v……Æ˙… 205(5) (B) E‰Ú +v…“x…… Æ˙¶…… π…i… V…Ë∫…‰ … ‰ı EÚ“ |……l… ®…EÚ +¥… P…™……Â …Æ˙ ∫…“v…“ Æ‰J…… |…h……±…“ …Æ˙ x…v……« Æ˙i… +¥… v… …Æ, V……‰ EÚ®… ΩË E‰Ú +…v……Æ˙ …Æ˙|……¥…v……x… n˘™…… V……i…… ΩË˛ * …^‰ı …Æ˙ ∫…÷v……Æ˙ ∫…‰ ∫…∆§…∆ v…i… ®…⁄±™…ø…∫… …^‰ı EÚ“ |……l… ®…EÚ +¥… v… …Æ˙ ∫…“v…“ Æ‰˙J…… |…h……±…“ …Æ˙|…n˘…x… EÚ™…… V……i…… ΩË˛ *˙


1.4 Cash and cash equivalents (for purposes of Cash Flow Statement)

Cash comprises cash on hand and demand deposits with banks. Cash equivalents areshort-term balances (with an original maturity of three months or less from the date ofacquisition), highly liquid investments that are readily convertible into known amounts ofcash and which are subject to insignificant risk of changes in value.

1.5 Cash flow statment

Cash flows are reported using the indirect method, whereby profit/(loss) before extra ordinaryitems and tax is adjusted for the effects of transactions of non-cash nature and any deferralsor accruals of past or future cash receipts or payments. The cash flows from operating,investing and financing activities of the Company are segregated based on audited financialstatements.

1.6 Fixed Assets

Tangible AssetsFixed Assets are stated at historical cost less accumulated depreciation. Cost includes allincidental expenditure net of CENVAT credit wherever applicable. Revenue expenses incurredfor identification of new projects/new line of businesses are treated as capitalwork-in-progress. This will be absorbed into the project cost in the first year of commencingthe business. If the new project/new line of business do not materialized within a period ofthree financial years, the entire expenses shall be charged to Revenue in the 3rd year. Thecost of fixed assets includes interest on borrowings (calculated at the weighted averagerates) and administrative expenses specifically attributable to the acquisition of fixed assets.

Intangible AssetsCost of computer software and License fee incurred from 1.4.2003 are classified as intangibleassets.Cost of ERP (SAP ECC 6.0) implementation is amortized equally over a period of 8 yearson pro rata basis.The cost of other computer software other than SAP is amortized equally over a period of 3years on pro-rata basis. License fee paid is amortized equally over the agreement period.

Depreciation and amortisation

Depreciation has been provided as per the rates prescribed under Schedule XIV of theCompanies Act, 1956 as amended upto date. The depreciation on additions to/deductionfrom fixed assets are provided on prorata daily basis.Fixedf Assets retired/scrapped and pending disposal are stated at lower of book value/netrealisable value and grouped under inventories under the head "Scrapped/Surplus Asset"

Methods of Depreciation and Amortisation

a) Additions to fixed Assets from 01.04.1993 costing 5000/- each or less fully depreciatedirrespective of date of addition.

b) Machinery spares acquired with the equipments are depreciated using the same ratesand method applicable for the original machinery.

c) In the case of Machinery spares procured separately for future use, rate equivalent toaccumulated depreciation for the expired life of the relative machiery are charged in theyear of acquisition along with the depreciaton for the year.

d) Depreciation/Amortization of fixed assets on lease is provided on the straight line methodover the primary period of leases or over the specified period, as defined under Section205 (5) (a) of the Companies Act, 1956, whichever is shorter. Depreciation in respect ofLeasehold improvements is provided on the straight-line method over the primary periodof the lease.

162 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

1.7 Æ˙…V…∫¥… ®……x™…i……

§…GÚ“ ®…Â §…GÚ“ EÚÆ˙ +…ËÆ˙ §…]¬ı]‰ı EÚ…‰ UÙ…‰c˜EÚÆ˙ ∫…“®…… ∂…÷±EÚ ∫… Ω˛i… ®……±……Â E‰Ú §…GÚ“ E‰Ú ®…⁄±™… ( x…¥…±… ¥………∫…“) ∫…®…… ¥…π]ı ΩË˛ *§…“®…… n˘…¥…… |……Œi… E‰Ú +…v……Æ˙ …Æ˙ … Æ˙EÚ ±…i… EÚB V……i…‰ ΩÈ * x…¥…‰∂……Â …Æ˙ §™……V…, x…¥…‰ ∂…i… Æ˙EÚ®… +…ËÆ˙ §™……V… E‰Ú x…™…i… n˘Æ˙ …Æv™……x… Æ˙J…EÚÆ˙˙ ∫…®…™… +x…÷……i… E‰Ú +…v……Æ˙ …Æ˙ §…÷EÚ EÚ™…… V……i…… ΩË * x…Ën˘… x…EÚ ∫…‰¥……+…Â ∫…‰ Æ˙…V…∫¥… |……‰n¬¶…¥…x… +…v……Æ˙ …Æ˙ |…n˘…x… EÚ™…… V……i…… ΩË˛* `‰Ê‰Ú +x…÷Æ˙I…h… ∫…‰ Æ˙…V…∫¥… `‰Ê‰Ú EÚ“Ú+¥… v… …Æ˙ ™…l……x…÷……i… ∞¸… ∫…‰ …Ω˛S……x… EÚ“ V……i…“ ΩË˛ * +¥…∫…∆Æ˙S…x…… ¥…EÚ…∫… |…¶……M… +…ËÆ˙ |………h… …Æ˙…®…∂…« |…¶……M… ∫…‰ ∫…∆§…∆ v…i… EÚ…™…«EÚ±………Â ∫…‰ Æ˙…V…∫¥… x…®x… V…Ë∫…‰ |…n˘…x… EÚB V……i…‰ ΩÈ˛;

EÚ) ]ıx…«EÚ“ `‰Ê‰Ú E‰Ú ®……®…±…‰ ®…‰∆, `‰Ê‰Ú ®…⁄±™… E‰Ú §…œ±±…M… |…M… i… E‰Ú +x…÷……i… E‰Ú ∞¸… ®…Â*

J…) +x™… ‰E‰Ú E‰Ú ®……®…±…‰ ®…Â, ∫…∆§…∆ v…i… + ¶…EÚÆ˙h……Â E‰Ú ∫……l… ‰E‰Ú E‰Ú ∂…i……Á E‰Ú +x…÷∫……Æ˙ n˘… ™…i¥… …⁄Æ˙… EÚÆ˙x…‰ E‰ +…v……Æ˙ …Æ˙ ΩË*

1.8 +x™… |…S……±…x… Æ˙…V…∫¥…

Æ˙q˘“ ±…Ë]‰ıC∫…, +∫¥…“EfiÚi… ∫……®… O…™……ƒ i…l…… E∆Úb˜…‰˜®……Â EÚ“ ¥…∫…⁄±…“ EÚ“ +…‰Æ˙ Æ˙…V…∫¥… Æ˙…‰EÚc˜ +…v……Æ˙ …Æ˙ … Æ˙EÚ ±…i… EÚB V……i…‰ ΩÈ˛* x…™……«i… §…GÚ“ ∫…‰ ∫…∆§…∆ v…i… ∂…÷±E ¥………∫…“Ú/ x…™……«i… |……‰i∫……Ω˛x…, x…™……«i… E‰Ú ¥…π…« ®…Â … Æ˙EÚ ±…i… EÚB V……i…‰ ΩÈ˛ * +|…S… ±…i…… Æ˙∫…∆… k…™……Â/§…]¬ı]‰ı J……i…‰ b˜…±…“ M…™…“ ∫……®… O…™……Â EÚ“ ¥…∫…⁄±…“, Æ˙…‰EÚc˜ +…v……Æ˙ …Æ˙ … Æ˙EÚ ±…i… EÚ“ V……i…“ Ω∆Ë˛ *

§…“V…EÚ ®…Â x…v……« Æ˙i… V…Ë∫…‰ ¥… ¥…v… n‰˘x…n˘…Æ˙…Â ∫…‰ ¥…±…∆ §…i… ¥…∫…⁄±…“ E‰Ú ±…B ™… n˘ EÚ…‰<« §™……V… +…™… ΩË˛ i……‰ =∫…EÚ“ …Ω˛S……x… x…Ω˛” EÚ“ΩË *

1.9 ¥…n‰∂…“ ®…÷p˘… ±…‰x…-n‰x…

¥……™…n˘… ∫…∆ ¥…n˘… u˘…Æ˙… ∫…®……¥…‰ ∂…i… ¥…n‰∂…“ ¥… x…®…™… E‰Ú + i… Æ˙HÚ ±…‰x…-n‰x……‰∆ EÚ…‰ ±…‰x…-n‰x……‰∆ EÚ“ i……Æ˙“J… …Æ˙ |…S… ±…i… ¥… x…®…™… n˘Æ˙®…Â … Æ˙EÚ ±…i… EÚB V……i…‰ ΩÈ * ¥……™…n˘… ‰EÚ… u˘…Æ˙… ∫…®……¥…‰ ∂…i… EÚ…‰ UÙ…‰c˜EÚÆ˙ +x™… ¥…n‰∂…“ ®…÷p˘… +V…«x…/n‰™… ¥…π……»i… EÚ…‰‰ ¥… x…®…™…n˘Æ˙ …Æ˙ §…n˘±… n˘B V……i…‰ ΩÈ˛ * <∫… §…n˘±…“ ∫…‰ Ω˛…‰x…‰ ¥……±…‰ ±……¶… ™…… x…π]ı ±……¶…-Ω˛… x… ±…‰J…‰ ®…Â ∫…®……™……‰ V…i… EÚB V……i…‰ ΩÈ˛ * ¥…n‰˘∂…“ ®…÷p˘… @Òh…, ¥…π……»i… ¥… x…®…™… n˘Æ˙ …Æ˙ ®…⁄±™……∆ EÚi… EÚB V……i…‰ ΩÈ˛ *

¥… x…®…™… +∆i…Æ˙ ¥™…¥…Ω˛…Æ˙

n˘“P…«EÚ…±…“x… ¥…n‰∂…“ ®…÷p˘… ®……Ë p˘EÚ ®…n˘…Â E‰Ú +∆i…Æ˙h… ™…… ¥™…¥…∫l………x… …Æ˙ ¥… x…®…™… +∆i…Æ˙ (+l……«i…¬, V…∫…EÚ… ¥™…¥…∫l………x… EÚ“ +¥… v…=∫…E‰Ú |……Æ∆˙¶… EÚ“ i……Æ˙“J… ∫…‰ §……Æ˙Ω˛ ®…Ω˛“x…‰ ∫…‰ + v…EÚ ΩË˛ *), V……‰ …UÙ±…‰ ¥…k…“™… ¥…¥…Æ˙ h…™……Â ®…Â …Ω˛±…‰ Ω˛“ Æ˙EÚ…‰b«˜ EÚB M…B ™…… Æ˙……‰]«ı EÚB ∫…‰ +±…M… ΩÈ, V…Ω˛…ƒ i…EÚ EÚ ™…Ω˛ n˘x……∆EÚ 31.3.2009 +…ËÆ˙ 29.02.2012 E‰Ú ¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ EÚ“ + v…∫…⁄S…x……E‰Ú +x…÷∫……Æ˙ … Æ˙∫…∆… k…™……Â EÚ“ ±……M…i… E‰Ú ±…B ∫…®……™……‰ V…i… EÚB M…B ®…⁄±™…ø…∫… EÚÆ˙x…‰ ™……‰M™… … Æ˙∫…∆… k…™……Â ∫…‰ ∫…∆§…∆ v…i… ΩË˛ +…ËÆ˙… Æ˙∫…∆… k…™……Â E‰Ú ∂…‰π… EÚ…±… … Æ˙∂……‰ v…i… EÚ™…… V……BM…… *

o˘f¯ |… i…§…r˘i…… ±…‰x…-n‰˘x… E‰Ú EÚ…Æ˙h…˙ ¥…π…« E‰Ú +∆i… ®…Â §…EÚ…™…… ¥……™…n˘… ¥… x…®…™… ∫…∆ ¥…n˘…™…Â §……W……Æ˙ EÚ“ +…‰Æ˙ +∆ EÚi…Ú EÚ™…‰ V……i…‰ ΩÈ˛+…ËÆ˙ ™… n˘ EÚ…‰<« Ω˛… x… ΩË i……‰ ±……¶…-Ω˛… x… ±…‰J…‰ ®…Â ∫¥…“EfiÚi… EÚ™…… V……i…… ΩË +…ËÆ˙ ¥™…÷i…z……Â E‰Ú ±…B ±…‰J…… …r˘ i… …Æ˙ ®……S…« 2008®…Â V……Æ˙“ EÚ™…‰ M…™…‰ ¶……Æ˙i…“™… ∫…x…n˘“ ±…‰J………Æ˙“I…… ∫…∆∫l……x… EÚ“ P……‰π…h…… E‰Ú +x…÷∫……Æ˙ ±……¶… EÚ“ =…‰I…… EÚ“ V……i…“ ΩË˛ *

1.10 ∫…Æ˙EÚ…Æ˙“ +x…÷n˘…x…

EÚ) x…¥…‰∂… <®…n˘…n˘ E‰Ú ∞¸… ®…Â Æ˙Ω‰˛ +x…÷n˘…x……Â EÚ…‰ +±…M… +…Æ˙ I…i… ®…Â V…®…… EÚB V……i…‰ ΩÈ˛*

J…) §… GÚ™……Â ∫…‰ ∫…∆§…∆ v…i… Æ˙…V…∫¥… +x…÷n˘…x…/<®…n˘…n˘ (=i……n˘ <®…n˘…n˘ ∫…‰ ¶…z…) +x™… +…™… E‰Ú +v…“x… +±…M… ∞¸… ∫…‰ |…EÚ]ı EÚB V……i…‰ ΩÈ˛ V…§… EÚ =i……n˘ <®…n˘…n˘, §…GÚ“ +…ËÆ˙ ∫…‰¥……+…Â E‰Ú +v…“x… |…EÚ]ı EÚB V……i…‰ ΩÈ˛*

1.11 x…¥…‰∂…

™… n˘ EÚ…‰<« +∫l……™…“ E‰Ú +±……¥…… EÚ®…“ E‰Ú |……¥…v……x… ΩË i……‰ =∫…‰ EÚ®… EÚÆ˙x…‰ EÚ… |……¥…v……x… n‰EÚÆ˙ x…¥…‰∂… ±……M…i… …Æ˙ |…EÚ]ı EÚB V……i…‰ΩÈ˛*


1.7 Revenue recognition

Sales comprise of value of sale of goods (net of returns) excluding sales tax and discountsbut including excise duty. Insurance claims are accounted on receipt basis. Interest oninvestments is booked on a time proportion basis taking into account the amounts investedand the fixed rate of interest. Revenue from Diagnostics services is recognized on accuralbasis. Revenue from maintenance contracts are recognised pro rata over the period of thecontract. Revenue from infrastructure-development division and Procurement Consultancydivision related activities are recognized as follows :

a) In case of turn key contracts, as a proportion of the progress billing to the contract value.

b) In case of other contracts, on the basis of completion of obligation as per the terms ofcontract with the agencies concerned.

1.8 Other Operating Revenues

The revenue against realisation of waste latex, rejected materials and condoms are accountedon cash basis.

Duty drawback/export incentive in respect of export sales are accounted in the year ofexport. The realisation in respect of obsolete assets/materials written off are accounted oncash basis.

Interest income if any for delayed realisation from sundry debtors as stipulated in invoicesis not reconised, unless realised.

1.9 Foreign currency transactions and translations

Transactions in foreign exchange other than covered by forward contracts are accountedfor at the exchange rates prevailing on the date of transactions. Foreign currency receivables/payables other than those covered by forwards contracts are translated at the year andexchange rates. Gain or losses arising out of such transaction are adjusted to the Profitand Loss Account. Foreign currency loans are valued at year end exchange rates.

Treatment of exchange differences

Exchange differences on translation or settlement of long term foreign currency monetaryitems (ie. whose term of settlement exceeds twelve months from the date of its origination)at rates different from those at which they were initially recorded or reported in the previousfinancial statements, in so far as it relates to acquisition of depreciable assets are adjustedto the cost of the assets as per GOI notification dated 31.03.2009 and 29.02.2012 and willbe amortized over the remaining life of the Asset.

Forward exchange contracts outstanding as at the year on account of firm commitmenttransactions are marked to market and the losses, if any are recognised in the profit andloss account and gains are ignored in accordance with the announcement of the Institute ofChartered Accountants of India on Accounting for Derivatives issued in March 2008.

1.10 Government grants

a) Grants in the form of investment subsidy are credited to separate reserve.

b) Revenue grants/subsidy (other than product subsidy) relating to sales are disclosedseparately under other operating revenues, whereas product subsidy are disclosed undersales and services.

1.11 Investments

Investments are stated at cost less provision for diminution other than temporary, if any.

164 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

1.12 EÚ®…«S……Æ˙“ °Ú…™…n‰

EÚ) =…n˘…x…

=…n˘…x… n‰™…i…… V…“¥…x… §…“®…… x…M…®… E‰Ú O…⁄… =…n˘…x… x…EÚn˘ ∫…∆S…™…x… ™……‰V…x…… E‰Ú +x…÷∫……Æ˙ ¥…π……»i… ®…Â V…“¥…x… §…“®…… x…M…®… u˘…Æ˙…|……¥…v……x… EÚB §…“®……∆ EÚi… ®…⁄±™……∆EÚx… E‰Ú +…v……Æ˙ …Æ˙ |……EÚ ±…i… EÚ™…… V……i…… ΩË˛ i…l…… V…“¥…x… §…“®…… x…M…®… u˘…Æ˙… ®……ƒM… =`ˆ…BE‰Ú +x…÷∫……Æ˙ x… v…EÚ EÚ™…… V……i…… ΩË˛ *

J…) U÷Ù]¬ı]ı“ +¶™……«h…

U÷Ù]¬ı]ı“ ¶…÷x……x…‰ ∫…‰ ∫…∆§…∆ v…i… ∫…‰¥…… x…¥…fi k… °Ú…™…n‰ ¶……Æ˙i…“™… V…“¥…x… §…“®…… x…M…®… EÚ“ BEÚ ™……‰V…x…… u˘…Æ˙… x… v…EÚ EÚ“ V……i…“ ΩË *˙ V…“¥…x… §…“®…… x…M…®… u˘…Æ˙… n˘…¥…… EÚ“ M…<« ¥……Ãπ…EÚ ®……ƒM… Æ˙…V…∫¥… EÚ“ +…‰Æ˙ |…¶…… Æ˙i… EÚ“ M…<« ΩË˛*

M…) ∫¥…ËŒSUÙEÚ ∫…‰¥…… x…¥…fi k… ™……‰V…x……

¥…“ +…Æ˙ B∫… E‰Ú +v…“x… +n˘…™…M…“ E‰Ú EÚ…Æ˙h… …⁄Æ˙“ n‰˘™…i……Bƒ =∫…“ ¥…π…« E‰Ú ±……¶…-Ω˛… x… ±…‰J…‰ EÚ“ +…‰Æ˙ |…¶…… Æ˙i… EÚB M…B ΩÈ˛*

P…) Æ˙…‰W…M……Æ˙…‰k…Æ˙ S… EÚi∫…… ±……¶…

E∆Ú…x…“ EÚ“ …∆V…“ ®…Â 01.07.2005 i…EÚ Æ˙Ω‰˛ EÚ®…«S…… Æ˙™……Â (=∫…EÚ…/=∫…EÚ“ … i… ™…… …ix…“ ∫… Ω˛i…) EÚ…‰, ®…Ë∫…∫…« x…Ë∂…x…±…<x∂…÷Æ˙x∫… E∆Ú…x…“ ±… ®…]‰ıb˜ EÚ“ O…⁄… S… EÚi∫…… §…“®…… ™……‰V…x…… E‰Ú +v…“x… ∫…®……¥…‰ ∂…i… EÚ™…… M…™…… ΩË˛*

RÛ) §……‰x…∫…/ x…π……n˘x… ∫…∆§…∆ v…i… ¶…÷M…i……x…

EÚ®…«S…… Æ˙™……Â E‰Ú ±…B §……Ïx…∫… EÚ… |……¥…v……x…, ®……x™…i…… |……i… ¥™…¥…∫……™… ∫…∆P……Â E‰Ú ∫……l… |… ¥…Œπ]ıi… n˘“P…«EÚ…±…“x… ∫…®…Z……Ëi…‰ E‰Ú+x…÷∫……Æ˙ =i……n˘EÚi…… ∫…∆§…∆v… |……‰i∫……Ω˛x… ™……‰V…x…… E‰Ú +…v……Æ˙ …Æ˙ §…x……™…… M…™…… ΩË* §……‰b« ∫i…Æ˙ +…ËÆ˙ §……‰b« ∫i…Æ˙ E‰Ú x…S…±…‰ ∫i…Æ˙E‰Ú EÚ…™…«……±…EÚ, ∫……¥…«V… x…EÚ =t®… ¥…¶……M… u˘…Æ˙… V……Æ˙“ ®……M…« x…nÊ˘∂……Á E‰Ú +x…÷∫……Æ˙ x…π……n˘x… ∫…∆§…∆ v…i… §……Ïx…∫… (…“ +…Æ˙ …“)∫…Œ®®… ±…i… ΩÈ˛*

1.13 =v……Æ˙ ±……M…i…

+Ω«˛EÚ … Æ˙∫…∆… k… Ω˛… ∫…±… EÚÆ˙x…‰ E‰Ú =q‰˘∂™… ∫…‰ J…S…« Ω÷˛B /+…Æ˙…‰™… =v……Æ˙ ±……M…i… …⁄ƒV…“EfiÚi… EÚ“ V……i…“ ΩË˛∆* … Æ˙∫…∆… k…™……‰∆ E‰Ú+V…«x… E‰Ú ±…B ¥…∂…‰π… ∞¸… ∫…‰ ±…B @Òh… …Æ˙ §™……V… +…ËÆ =∫… …Æ˙ §™……V… EÚ…‰˙ … Æ˙∫…∆… k… ®…⁄±™… E‰Ú +…v……Æ˙ …Æ˙ ∫…∆§…∆ v…i…… Æ˙∫…∆… k…™……Â …Æ˙ +…x…÷…… i…EÚ ∞¸… ∫…‰ +…§…∆ ]ıi… EÚB V……i…‰ ΩÈ˛*

1.14 J…hb˜ Æ˙……‰Õ]ıM…

E∆Ú…x…“ x…‰ Æ˙……‰]«ı EÚÆ˙x…‰ ™……‰M™… J…∆b˜ V……‰ |……l… ®…EÚ n˘±… E‰Ú ΩÈ˛, ±…‰‰J…… ®……x…EÚ 17 E‰Ú +x…÷∫……Æ˙ <∫…E‰Ú J…hb˜ Æ˙……‰Õ]ıM… E‰Ú ±…BM…¶…« x…Æ˙…‰v…EÚ =i……n˘, ∫¥……∫l™… Æ˙I…… =i……n˘, ¥™…………Æ˙ =i……n˘‰∆, ∫…‰¥……B∆ B¥…∆ ‰ˆEÚ… E‰Ú ∞¸… ®…Â …Ω˛S……x… EÚ“ ΩÈ * <∫…E‰Ú +±……¥……, x…®x… ±… J…i… ¥… x…Ãn˘π]ı ±…‰J…… x…“ i…™……ƒ, J…∆b˜ Æ˙……‰Õ]ıM… E‰Ú ±…B ……±…x… EÚ“ V……i…“ ΩÈ˛ :

(EÚ) J…∆b˜ Æ˙…V…∫¥… ®…Â +xi…Æ˙ J…∆b˜ Æ˙…V…∫¥… ∫… Ω˛i… J…∆b˜ E‰Ú ±…B ∫…“v…‰ + ¶…Y…‰™…/ ¥… x…™……‰V™… §…GÚ“ B¥…∆ +x™… +…™… ∂…… ®…±… ΩË˛ *

(J…) J…∆b˜ … Æ˙h……®… x…Œ∂S…i… EÚÆ˙x…‰ E‰Ú ±…B ∫…“v…‰ + ¶…Y…‰™…/ ¥… x…™……‰V™… J…S…« J…hb…‰∆˜ …Æ˙ ¥…S……Æ˙ EÚB V……i…‰ ΩÈ˛* …⁄h…« ∞¸… ∫…‰ E∆Ú…x…“ ∫…‰ ∫…∆§…∆ v…i… J…S…« +…ËÆ˙ J…∆b˜…Â EÚ…‰ + ¥… x…™……‰V™… J…S……Á EÚ…‰ '+ ¥… x…v……x…“™… ¥™…™…' E‰Ú +v…“x… ∂…… ®…±… EÚB V……i…‰ ΩÈ˛*

(M…) E∆Ú…x…“ E‰Ú …⁄h…« ∞¸… ∫…‰ ∫…∆§…∆ v…i… J…hb…‰∆ E‰Ú ±…B + ¥… x…™……‰V™… +…™… EÚ…‰ +…ËÆ˙ '+ ¥… x…v……x…“™… +…™…' E‰Ú +v…“x… ∂…… ®…±… EÚBV……i…‰ ΩÈ˛ *

(P…) J…∆b˜ … Æ˙∫…∆… k…™……‰∆ +…ËÆ˙ n‰˘™…i……+…Â ®…Â ∫…∆§…∆ v…i… J…∆b˜…Â E‰Ú ∫……l… ∫…“v…‰ + ¶…Y…‰™… ∂…… ®…±… ΩÈ˛* + ¥… x…v……x…“™… E∆Ú…x…“… Æ˙∫…∆… k…™……‰∆ B¥…∆ n‰™…i……Bƒ E∆Ú…x…“ EÚ…‰ …⁄h…« ∞¸… ∫…‰ ∫…∆§…Œxv…i… ∫…∆… k…™……Â +…ËÆ˙ n‰™…i……+…Â E‰Ú |… i… x… v…i¥… EÚÆ˙i…‰ ΩÈ +…ËÆ˙ EÚ∫…“¶…“ J…∆b˜ E‰Ú ±…B ¥… x…™……‰V™… x…Ω˛” ΩË˛*

1.15 … ı…

+ÃV…i… +…ËÆ˙ …^‰ı …Æ˙ n˘“ M…<« +S…±… … Æ˙∫…∆… k…™……Â E‰Ú +S…±… … Æ˙∫…∆… k…™……‰∆ E‰Ú Ω˛∫∫…‰ E‰Ú ∞¸… ®…Â n˘J……™…‰ V……i…‰ ΩË∆˛* …^ı… EÚÆ˙…™…… +…™… |……‰n¬˘˘¶…¥…x… +…v……Æ˙ …Æ˙ … Æ˙EÚ ±…i… EÚ™…… V……i…… ΩË˛*


1.12 Employee benefits

a) Gratuity

Gratuity Liability is estimated based on the acturial valuation provided by LIC of India atthe end of the year as per LIC's Group Gratuity Cash Accumulation Scheme and isfunded as per the demand raised by LIC.

b) Leave Encashment

The retirement benefit relating to leave encashment is funded through a scheme of theLIC of India. The annual demand raised by LIC is charged to the revenue.

c) Voluntary Retirement Benefits

The entire liability on account of payments under VRS are charged off to the Profit andLoss Account in the same year.

d) Post Employment Medical Benefits

The Employees (including his/her spouse) on the rolls of the Company as on 01.07.2005is covered under Group Medical Insurance Scheme of M/s. National Insurance CompanyLtd.

e) Bonus/Performance Related Payment

Provision for bonus for the employee is made on the basis of Productivity Linked IncentiveScheme as per the Long Term Agreement entered into with the recognized trade unions.Executives at the Board level and below the Board level are covered for PerformanceRelated Pay (PRP) as per the guidelines issued by the Department of Public Enterprise.

1.13 Borrowing costs

The borrowing cost incurred/attributable to the acquisition for the purpose of obtaining aqualifying asset are capitalized. Interest on loan taken specifically for the acquiring assetsand the interest thereon are proportionately allocated to respective assets based on assetvalue.

1.14 Segment reporting

The Company has identified its reportable segments for Segment Reporting, in accordancewith Accounting Standard 17, as contraceptive Products, Health Care Products, TradingProducts, Services and Contracts which are the primary groups. In addition, the followingspecific accounting policies have been followed for segment reporting :

(a) Segment revenue includes sales and other income directly identifiable with/allocable tothe segment, including inter segment revenue.

(b) Expenses that are directly identifiable with/allocable to segments are considered fordetermining the Segment Result. Expenses which relate to the Company as a wholeand not allocable to segments are included under "Unallocable Expenditure".

(c) Income which relates to the Company as a whole and not allocable to segments isincluded in "Unallocable Income."

(d) Segment assets and liabilities include those directly identifiable with the respectivesegments. Unallocable corporate assets and liabilities represent the assets and liabilitiesthat relate to the Company as a whole and not allocable to any segment.

1.15 Leases

Fixed assets acquired and given on lease are shown as part of fixed assets. Lease rentalincome is accounted on accural basis.

166 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

1.16 +…™… …Æ˙ EÚÆ˙

+…™…EÚÆ˙ + v… x…™…®… 1961 E‰Ú |……¥…v……x……Â E‰Ú +x…÷∫……Æ˙ S……±…⁄ ±…‰J…… ¥… v… EÚ“ +¥… v… E‰Ú ±…B +x…÷®…… x…i… EÚÆ ™……‰M™… +…™…E‰Ú +…v……Æ˙ …Æ˙ S……±…⁄ EÚÆ˙ EÚ… |……¥…v……x… EÚ™…… V……i…… ΩË˛ * ¥…π…« E‰Ú J……i…… +…ËÆ˙ EÚÆ˙ ™……‰M™… ±……¶…˙ E‰Ú §…“S… E‰Ú ∫…®…™… +∆i…Æ˙ ∫…‰Ú… Æ˙h……®…“ +…∫l… M…i… EÚÆ˙, EÚÆ˙ n˘Æ˙ +…ËÆ˙ x…™…®……Â E‰Ú |…™……‰M… E‰Ú ±…B … Æ˙EÚ ±…i… EÚ™…… V……i…… ΩË V……‰ i…÷±…x…-…j… EÚ“ i……Æ˙“J…Ú ∫…‰±……M…⁄ ΩË˛ * ¶… ¥…π™… ®…Â <∫…EÚ“ ¥…∫…⁄±…“ ®…Â BEÚ = S…i… x…Œ∂S…i…i…… ΩË˛ i……‰ +…∫l… M…i… EÚÆ˙ … Æ˙∫…∆… k… EÚ…‰ =∫… Ω˛n˘ i…EÚ ∫¥…“EfiÚi…B¥…∆ +…M…‰ EÚ“ +…‰Æ˙ ±…‰ V……i…“ ΩË˛ *

1.17 +x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫…

+x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫… …Æ˙ …⁄ƒV…“ ¥™…™… EÚ…‰ +S…±… … Æ˙∫…∆… k…™……Â E‰Ú ∫…®……x… =∫…“ i…Æ˙“E‰Ú ∫…‰ ®……x…… V……i…… ΩË˛* +x…÷∫…∆v……x… B¥…∆ ¥…EÚ…∫… …Æ˙ Æ˙…V…∫¥… ¥™…™… ¥…π…« ®…Â <∫…E‰Ú J…S…« Ω÷˛B …Æ˙ |…¶…… Æ˙i… EÚB M…B *

1.18 ∫…∆™…÷HÚ V……‰ J…®… |…S……±…x…

E∆Ú…x…“ E‰Ú ±…‰J…… ∫…∆™…÷HÚ V……‰ J…®… |…S……±…x……Â EÚ“ … Æ˙∫…∆… k…™……Â ®…Â +…x…‰Ú ∂…‰™…Æ, n‰˘™…i……Bƒ, +…™… +…ËÆ˙ ¥™…™… ®…Â |… i…À§… §…i… EÚÆ˙i……ΩË V……‰ ∫…∆™…÷HÚ V……‰ J…®… EÚÆ˙…Æ˙ E‰Ú +x…÷∫……Æ˙ E∆Ú…x…“ E‰Ú ¶……M… ±…‰x…‰ EÚ“ Ω˛i… E‰Ú Ω˛n˘ i…EÚ E∆Ú…x…“ E‰Ú ±…‰J…‰ ®…Â B‰∫…‰ ®…n˘…Â E‰Ú …∆ HÚ ¥……Æ˙+…v……Æ˙ …Æ˙ ∫…∆™…÷HÚ V……‰ J…®……Â E‰Ú ±…‰J………Æ˙“ I…i… J……i…‰ E‰Ú +…v……Æ˙ …Æ˙ … Æ˙EÚ ±…i… EÚ™…… M…™…… ΩË˛ *˙

1.19 ∫…∆… k…™……Â EÚ“ +∫…®…l…«i……

+∫…®…l…«i…… EÚ… ∫…∆E‰Úi… ®…±…i…‰ ∫…®…™… … Æ˙∫…∆… k…™……Â EÚ“ +∫…®…l…«i…… E‰Ú §……Æ‰ ®…Â …Ω˛S……x… EÚ“ V……i…“ ΩË * B‰∫…‰ ∫…∆E‰Úi… …Æ˙ ∫…∆… k…™……ÂEÚ“ ¥…∫…⁄±…“ ™……‰M™… Æ˙EÚ®… +x…÷®…… x…i… EÚ“ V……i…“ ΩË˛ i…l…… ™… n˘ B‰∫…… |……EÚ±…x… =∫…E‰Ú Æ˙J……¥… Æ˙EÚ®… ∫…‰ EÚ®… ΩË˛, i……‰ Æ˙J……¥… Æ˙EÚ®…EÚ…‰ ¥…∫…⁄±…“ ™……‰M™… Æ˙EÚ®… ®…Â P…]ı V……i…… Ω˛Ë˛ *

1.20 |……¥…v……x… +…ËÆ˙ +…EÚŒ∫®…EÚ ¥™…™…

M…i… P…]ıx……+…Â E‰Ú … Æ˙h……®… ∫¥…∞¸… E∆Ú…x…“ EÚ…‰ +§… §……v™…i…… Ω˛…‰x…‰ ∫…‰ BEÚ |……¥…v……x… ∫¥…“EfiÚi… EÚ™…… V……i…… ΩË˛ +…ËÆ˙ ™…Ω˛ ∫…∆¶…… ¥…i…ΩË EÚ n˘… ™…i¥… EÚ…‰ x……]ı…x…‰ E‰Ú ±…B ∫…∆∫……v…x……Â EÚ… §… Ω˛M…«®…x… +…‰ I…i… Ω˛…‰M…… V…∫… E‰Ú ∫…∆§…∆v… ®…Â BEÚ ¥…∑…∫…x…“™… |……EÚ±…x… §…x……V…… ∫…EÚi…… ΩË˛ * |……¥…v……x… (∫…‰¥…… x…¥…fi k…-±……¶… EÚ…‰ UÙ…‰b˜EÚÆ˙) =x…E‰Ú ¥…i…«®……x… ®…⁄±™… EÚ…‰ §…^ı… x…Ω˛” EÚ…]ı… ΩË˛Ë˛ +…ËÆ˙ i…÷±…x…-…j… EÚ“i……Æ˙“J… EÚ…‰ §……v™…i…… x……]ı…x… EÚÆ˙x…‰ EÚ…‰ +…‰ I…i… =k…®… +…EÚ±…x… E‰Ú +…v……Æ˙ …Æ˙ x…v……« Æ˙i… EÚ™…‰ V……i…‰ ΩÈ˛ * ™…‰ |…i™…‰EÚ i…÷±…x…-…j… i……Æ˙“J…Ú …Æ˙ ∫…®…“I…… EÚ“ V……i…“ ΩÈ˛ +…ËÆ˙ S……±…⁄ =k…®… +…EÚ±…x… …Æ˙ |… i…À§… §…i… EÚÆ˙x…‰ EÚ…‰ ∫…®……™……‰ V…i… EÚ™…… ΩË˛ *

|……∫…∆ M…EÚÚ n‰˘™…i……B∆ ]ı…h…“ ®…Â |…EÚ]ı EÚ“ V……i…“ ΩÈ˛ * ]ı…h…“ ®…Â |…EÚ]ı |……∫…∆ M…EÚ … Æ˙∫…∆… k…™……Â EÚ…‰ ¥…k…“™… ¥…¥…Æ˙h… ®…Â x… i……‰∫¥…“EfiÚi… ™…… |…EÚ]ı EÚ™…… M…™…… ΩË˛ *

1.21 …⁄¥…« |…n˘k… J…S…«

|… i… ` 2000/- i…l…… =∫…∫…‰ EÚ®… E‰Ú ®…n˘…Â ∫…‰ ∫…∆§…∆ v…i… …⁄¥…« |…n˘k… J…S…« Æ˙…V…∫¥… EÚ“ +…‰Æ˙ |…¶…… Æ˙i… EÚB M…B ΩÈ˛ *

1.22 …⁄¥…«EÚ… ±…EÚ ¥™…™…/+…™…

|…i™…‰EÚ ®……®…±…‰ ®…Â 5000/- ∫…‰ + v…EÚ +…x…‰¥……±…‰ …⁄¥…«EÚ… ±…EÚ +…™… +…ËÆ˙ ¥™…™… …⁄¥…«EÚ…±…Ú E‰Ú +v…“x… … Æ˙EÚ ±…i… EÚ™…… V……i……ΩË˛*

1.23 ∫……®…x™… ¶…hb˜…Æ˙/+ i… Æ˙HÚ …÷V…Ê/EÚSS…‰ ®……±…/i…Ë™……Æ˙ =i……n˘

v…“Æ‰ S…±…x…‰¥……±…“ ®…n˘…Â EÚ“ ∫……®… O…™……Â i…Ë™……Æ˙ =i……n˘…Â E‰Ú ∫…∆§…∆v… ®…Â ™… n˘ EÚ…‰<« x…÷EÚ∫……x… EÚ… |……¥…v……x… B‰∫…‰ =i……n˘…Â E‰Ú =…™……‰ M…i……/ ¥…G‰Ú™…i…… E‰Ú ∫…∆§…∆v… ®…Â i…EÚx…“EÚ“ Æ˙…™… |……i… EÚÆ˙x…‰ E‰Ú §……n˘ … Æ˙EÚ ±…i… EÚB V……i…‰ ΩÈ˛Ë˛*

1.24 x…®……«h… +¥… v… E‰Ú n˘…ËÆ˙…x… J…S…« EÚ… |… i………n˘x…˙

x…®……«h… EÚ…±… +¥… v… E‰Ú n˘…ËÆ˙…x… J…S…« …⁄ƒV…“ EÚ…™…« |…M… i… E‰Ú +v…“x… ∂…… ®…±… EÚ™…… M…™…… ΩË +…ËÆ˙ =∫…EÚ…‰ x…®……«h… E‰Ú ∫…®………x… …Æ˙∫…∆§…∆ v…i… +S…±… … Æ˙∫…∆… k…™……Â …Æ˙ +…§…∆ ]ıi… EÚ™…… V……i…… ΩË˛ *


1.16 Taxes on income

Provision for current tax is made on the basis of estimated taxable income for the currentaccounting period in accordance with the provisions of the Income Tax Act, 1961.

Deferred Tax resulting from timing difference between book and taxable profit for the year isaccounted for using the Tax rates and laws that are applicable as on the Balance Sheetdate. The deferred Tax asset is recognised and carried forward only to the extent there is areasonable certainity of its realisation in future.

1.17 Research and development expenses

Capital expenditure on Research and Development is treated in the same manner as FixedAssets. The revenue expenditure on Research and Development is charged off in the yearin which it is incurred.

1.18 Joint venture operations

The accounts of the Company reflect its share of the Assets, Liabilities, Income andExpenditure of the Joint Venture Operations which are accounted on the basis of the auditedaccounts of the Joint Ventures on line-by-line basis with similar items in the Company'saccounts to the extent of the participating interest of the Company as per the Joint VentureAgreements.

1.19 Impairment of assets

Impairment of assets is recognized when there is an indication of impairment. On suchindication the recoverable amount of the assets is estimated and if such estimation is lessthan its carrying amount, the carrying amount is reduced to recoverable amount.

1.20 Provisions and contingencies

A provision is recognised when the Company has a present obligation as a result of pastevents and it is probable that an outflow of resources will be required to settle the obligationin respect of which a reliable estimate can be made. Provisions (excluding retirement benefits)are not discounted to their present value and are determined based on the best estimaterequired to settle the obligation at the Balance Sheet date. These are reviewed at eachBalacne Sheet date and adjusted to reflect the current best estimates.

Contingent liabilities are disclosed in the Notes. Contingent assets are neither recognisednor disclosed in financial statement.

1.21 Prepaid Expenses

Prepaid Expenses of items of 2,000/- each and below are charged off to the revenue.

1.22 Prior Period Expenses/Income

Income and expenditure relating to prior period exceeding ` 5,000/- in each case only isaccounted under prior period.

1.23 General Stores/Spares/Raw Materials/Finished Products

The provision for loss if any in respect of slow moving items of materials/finished productsare accounted after obtaining the technical opinion regarding the usability/marketability.

1.24 Treatment of expenditure during construction period

Expenditure during construction period is included under capital work-in-progress and thesame is allocated to the respective fixed assets on the completion of construction.

168 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

1.25 … Æ˙∫…∆… k…™……‰∆ +…ËÆ˙ n‰™…i……+…Â E‰Ú S……±…⁄ ™…… M…ËÆ˙ S……±…⁄ E‰Ú ∞¸… ®…Â ¥…M…‘EÚÆ˙h…

E∆Ú…x…“ E‰Ú ∫……®……x™… |…S……±…x… ∫……< EÚ±… +…ËÆ˙ E∆Ú…x…“ + v… x…™…®… 1956 EÚ“ +x…÷∫…⁄S…“ VI ®…Â x…Ãn˘π]ı EÚ™…‰ +x™… ®……x…n∆˘b˜…Â E‰Ú+…v……Æ˙ …Æ˙ ∫…¶…“ … Æ˙∫…∆… k…™……Â +…ËÆ˙ n‰˘™…i……+…Â EÚ…‰ S……±…⁄ ™…… M…ËÆ˙ S……±…⁄ E‰Ú ∞¸… ®…Â ¥…M…‘EfiÚi… EÚ™…‰ M…™…‰ ΩÈ˛ * =i……n˘…Â EÚ“ |…EfiÚ i…+…ËÆ˙ … Æ˙∫…∆… k…™……Â E‰Ú +V…«x… +…ËÆ˙ x…EÚn˘ +…ËÆ˙ ∫…®…i…÷±™… x…EÚn˘ ®…Â =x…EÚ“ ¥…∫…⁄±…“ E‰Ú §…“S… EÚ… ∫…®…™… E‰Ú +…v……Æ˙ …Æ˙… Æ˙∫…∆… k…™……Â +…ËÆ˙ n‰™…i……+…Â E‰Ú S……±…⁄ ™…… M…ËÆ˙ S……±…⁄ ¥…M…‘EÚÆ˙h… E‰Ú =q‰∂™… E‰Ú ±…B E∆Ú…x…“ u˘…Æ˙… 12 ®…Ω˛“x…… x…v……« Æ˙i… EÚ™…… M…™……ΩË *

2 ¥™……J™……i®…EÚ ∫…π]ı“EÚÆ˙h……i®…EÚ ]ı…h…“

2.1 E∆Ú…x…“ 01.08.2011 ∫…‰ B∫… B …“ (<« +…Æ˙ …“ <« ∫…“ ∫…“ 6.0) …Æ˙ +…x…… ±…‰J……-§…Ω˛“ i…Ë™……Æ˙ EÚÆ˙i…“ ΩË +…ËÆ˙ +x…÷Æ˙I…h…EÚÆ˙i…“ ΩË +…ËÆ˙ ¥…π…« 2011-12 E‰Ú n˘…ËÆ˙…x… ®…Â ` 958.68 ±……J… …⁄ƒV…“EfiÚi… EÚ™…… M…™…… ΩË˛ (∫……Ï]ı¥…‰™…Æ˙ ±……M…i… EÚ“ +…‰Æ˙` 413.20 ±……J…, EÚ…™……«x¥…™…x… S……V…« EÚ“ +…‰Æ˙ ` 205.82 ±……J…, EÚ…‰Æ˙ ]ı“®… ∫…n˘∫™……Â E‰Ú ¥…‰i…x… EÚ“ +…‰Æ˙ ` 128.67±……J…)* <∫…®…Â ` 86.88 ±……J… 2010-11 EÚ“ +¥… v… ∫…‰ ∫…∆§…∆ v…i… ΩË˛ +…ËÆ˙ +…Æ˙ I…i… +…ËÆ˙ + v…∂…‰π… ∫…‰ …⁄ƒV…“EfiÚi… EÚ™…… ΩË˛+…ËÆ˙ ` 210.99 Ω˛…b«¥…‰™…Æ˙ ±……M…i… EÚ“ +…‰Æ˙ ΩË *

EÚ) +S…±… … Æ˙∫…∆… k…™……Â ∫…‰ … Æ˙¥…v…«x…/ ¥…±……‰…x… E‰Ú ±…B ®…⁄±™…ø…∫… S……V…« EÚ“ |…h……±…“ ®…… ∫…EÚ ∫…®…x…÷……i… +…v……Æ˙ ∫…‰ nË˘ x…EÚ∫…®…x…÷……i… +…v……Æ˙ ®…Â˙ … Æ˙¥…Ãi…i… EÚ™…… M…™…… ΩË˛ * <∫…E‰Ú +x…÷∫……Æ˙ ®…⁄±™…ø…∫… 24.51 ±……J… i…EÚ P…]ı M…™…… +…ËÆ˙ EÚÆ˙ E‰Ú…⁄¥…« ±……¶… ` 24.5 ±……J… i…EÚ §…f¯ M…™…… ΩË˛ *

J…) E∆Ú™…⁄]ıÆ˙ ∫……Ï]ı¥…‰™…Æ˙…Â EÚ…‰ ∫…®…x…÷…… i…EÚ ∞¸… ∫…‰ i…“x… ¥…π……Á EÚ“ +¥… v… E‰Ú ±…B … Æ˙∂……‰v…x… EÚÆ˙x…‰ EÚ“Ú …⁄¥…« x…“ i… EÚ“ +…‰Æ˙ B∫…B …“ (<« +…Æ˙ …“ <« ∫…“ ∫…“ 6.0) ∫……Ï]ı¥…‰™…Æ˙ EÚ…‰ ∫…®…x…÷…… i…EÚ ∞¸… ∫…‰ 8 ¥…π……Á EÚ“ +¥… v… E‰Ú ±…B … Æ˙∂……‰v…x… EÚÆ˙x…‰ EÚ… ¥…S……Æ˙ EÚ™…… M…™…… * <∫…∫…‰ ®…⁄±™…ø…∫… ` 103.83 ±……J… i…EÚ EÚ®… Ω÷˛+… +…ËÆ˙ <∫… +¥… v… E‰Ú ±…B ±……¶… ` 103.83±……J… i…EÚ + v…EÚ ΩË˛ *

2.2 n‰˘x…n˘…Æ˙, ±…‰x…n˘…Æ˙ i…l…… @Òh… ¥… …‰∂… M…™……Â ®…Â ∂…‰π… …÷Œπ]ı/®…‰±…- ®…±……… E‰Ú +v…“x… ΩË˛ * x…™……«i… §…GÚ“ ∫…‰ |……™… ¥…n‰˘∂…“ ®…÷p˘…,∫…®……™……‰V…x… E‰Ú +v…“x… ΩË˛ +…ËÆ˙ <∫…E‰Ú °Ú±…∫¥…∞¸…, ¥…n‰˘∂…“ ®…÷p˘… ®…⁄±™……∆EÚx… EÚ… ±……¶… ™…… Ω˛… x… §…n˘±… V……™… *

2.3 ∫…⁄I®…, ±…P…÷ B¥…∆ ®…v™…®… =t®… ¥…EÚ…∫… + v… x…™…®…, 2006 E‰Ú +v…“x… |…EÚ]ı EÚB V……x…‰ E‰Ú ±…B +…‰ I…i…Ú ∫…⁄S…x…… EÚ“ ®……j……i…EÚ x…v……« Æ˙i… EÚ™…… V……i…… ΩË +…ËÆ˙ B‰∫…“ ……Ã]ı™……Â EÚ…‰ E∆Ú…x…“ E‰Ú ∫……l… =…±…§v… ∫…⁄S…x…… E‰Ú +…v……Æ˙ …Æ˙ …Ω˛S……x… EÚÆ˙ ±…“ M…<« ΩÈ*

2.4 E∆Ú…x…“ ®…∆j……±…™… E‰Ú x…∂S…™… EÚ…™…«GÚ®… E‰Ú ±…B |…‰Mx…‰x∫…“ ]‰ı∫]ı EÚ]ı (…“]ı“E‰Ú) ¥…π…« 2007-08 ∫…‰ |… i… EÚ]ı E‰Ú ±…B 10EÚ… +x…∆ i…®… ®…⁄±™… =…™…÷«HÚ EÚÆ˙ ∫… Ω˛i… +……⁄Ãi… EÚÆ˙i…“ Æ˙Ω˛“ ΩË˛ * 2009-10 E‰Ú n˘…ËÆ˙…x… ®…∆j……±…™… x…‰ ]Ëı Æ˙°Ú +…™……‰M… ∫…‰2007-08 +…ËÆ˙ 2008-09 ®…Â …“ ]ı“ E‰Ú EÚ“ +……⁄Ãi… E‰Ú ±…B = S…i… ®…⁄±™… i…™… EÚÆ˙x…‰ EÚ…‰ ∫…∆n˘Ã¶…i…ı EÚ™…… l…… * ]Ëı Æ˙°Ú+…™……‰M… u˘…Æ˙… ∫…°Ú… Æ˙∂… EÚ™…‰ M…™…‰ = S…i… ®…⁄±™… E‰Ú +x…÷∫……Æ˙ 2007-08 +…ËÆ˙ 2008-09 EÚ“ +……⁄Ãi… E‰Ú ±…B ®…∆j……±…™… ∫…‰` 0.15 EÚÆ˙…‰c˜ EÚ“ x…¥…±… Æ˙… ∂… n‰™… E‰Ú ∞¸… ®…Â … Æ˙EÚ ±…i… EÚ“ M…™…“ * =∫…“ E‰Ú V…Ë∫…‰ 2009-10 ®…Â §…x……™…“ +……⁄Ãi… E‰Ú ±…B` 1.82 EÚÆ˙…‰c˜ EÚ“ ±……M…i… ¥…fi r˘±……¶… (` 0.69) +…ËÆ˙ 2010-11 (` 1.13 EÚÆ˙…‰b˜) ¶…“ …Ω˛±…‰ Ω˛“ … Æ˙EÚ ±…i… EÚ™…… l……*™…‰ ∫…¶…“ Æ˙EÚ®… ®…∆j……±…™… ∫…‰ |……™… ¥…∫i…÷+…Â E‰Ú ∞¸… ®…Â +¥…∂…‰π… ΩÈ EÚ ®…∆j……±…™… ]Ëı Æ˙°Ú +…™……‰M… ±……M…i… +v™…™…x… Æ˙……‰]«ı EÚ…™……«Œx¥…i…EÚ“ V……i…“ ΩË˛Ë˛ * ¥…π…« 2011 E‰Ú n˘…ËÆ˙…x… ®…∆j……±…™… x…‰ ]Ëı Æ˙°Ú +…™……‰M… ∫…‰ ¥…π…« 2009-10 +…ËÆ˙ 2010-11 E‰Ú ±…B ®…∆j……±…™… EÚ…‰+……⁄Ãi… EÚ“ M…™…“ …“ ]ı“ E‰Ú EÚ…‰ = S…i… ®…⁄±™… x…h…«™… EÚÆ˙x…‰ EÚ… |…∫i……¥… Æ˙J…… ΩË˛ +…ËÆ˙ ±……M…i… +v™…™…x… Æ˙……‰]«ı +¶…“ i…EÚ |…∫i…÷i… EÚ™…‰ V……x…‰ E‰Ú ±…B ΩË˛ * ¥…π…« 2011-12 E‰Ú ±…B …“ ]ı“ E‰Ú +……⁄Ãi…™……Â E‰Ú ±…B EÚ…‰<« ¶…“ ±……M…i… ¥…fi r˘ ±……¶… EÚ…˙ ¥…S……Æ˙ EÚ™……M…™…… ΩË˛ *

2.5 ®…fii™…÷ Ω÷˛B V…®…… v……Æ˙EÚ E‰Ú ¥…Ëv… ¥…… Æ˙∫… ∫…‰ n˘…¥…‰ ®…Â ¥…¥……n˘ E‰Ú EÚ…Æ˙h… 10,000/- EÚ… n‰˘™… +…¥… v…EÚ V…®…… |…n˘k… x…Ω˛” EÚ™……M…™…… ΩË˛ *

2.6 E∆Ú…x…“ x…‰ EÚ…‰ S…x… BC∫………‰]«ı |……‰∫…À∫…M… W……‰x… ®…Â Œ∫l…i… +…x…‰ ™…⁄ x…]ı ®…Â °Ú“®…‰<±… E∆Úb˜…‰®… B°Ú ∫…“ 2 x……<]≈‰ı±… ¥…W…«x… E‰Ú ¥… x…®……«h…E‰Ú ±…B @Òh… E‰Ú +…v……Æ˙ …Æ˙ 89.27 ±……J… ®…⁄±™… E‰Ú =…EÚÆ˙h… ®…Ë∫…‰∫…« °Ú®……<±… Ω‰˛±l… E∆Ú…x…“ (™…÷ E‰Ú) ∫…‰ |……i… EÚ™…… l……*…⁄Ãi… EÚ“ M…<« ∫…∆… k… B¥…∆ =…EÚÆ˙h… E‰Ú ∂…“π…«EÚ ®…Ë∫…‰∫…« °Ú®……<±… Ω‰˛±l… E∆Ú…x…“, ™…÷ E‰Ú E‰Ú ∫……l… x… Ω˛i… Ω˛…‰x…‰ ∫…‰ EÚ…‰<« ±…‰J……|… ¥…Œπ]ı™……ƒ x…Ω˛” EÚ“ M…<« ΩÈ˛*

2.7 ¥…k…“™… ¥…π…« E‰Ú n˘…ËÆ˙…x… …⁄ƒV…“EfiÚi… =v……Æ˙ ±……M…i… ` 85.03 ±……J… ΩË˛ * ( …UÙ±…‰ ¥…π…« ` 2.58 ±……J… ΩË˛ )


1.25 Classification of Assets and Liabilities as Current and Non-Current

All assets and liabilities are classified as current or non-current as per the company'snormal operating cycle and other criteria set out in schedule VI to the Companies Act,1956. Based on the nature of products and time between acquisition of assets for processingand their realisation in cash and cash equivalents, 12 months has been considered by theCompany for the purpose of current or non current classification of assets and liabilities.

2 EXPLANATORY/CLARIFICATORY NOTES

2.1 The Company prepares & maintains its books of accounts on SAP (ERP ECC 6.0) from01.08.2011 and 958.68 lacs has been capitalized during the year 2011-12 (` 413.20 lacstowards software cost, 205.82 lacs towards implementation charges, 128.67 lacs towardssalaries of Core Team Members (out of this ` 86.88 lacs relates to 2010-11 period andcapitalised from reserves & surplus) & 210.99 lakhs towards hardware cost).

(a) The method of charging depreciatin for addition to/deletion from fixed assets is changedfrom monthly pro rata basis, to daily pro rata basis. In view of this the depreciation isless by ` 24,51 lacs and profits before tax has gone up by ` 24.5 lakhs.

(b) SAP (ERP ECC 6.0) software was considered for amortization over a period of 8 yearson pro rata basis against the earlier policy of amortising of computer software over aperiod of 3 years on prorata basis. In view of this the depreciation is less by 103.83lacs and profits for the period is more by ` 103.83 lacs.

2.2 Balance in Debtors, Creditors and loans and advances are subject to confirmation/reconciliation. Receivable in Foreign Currency out of Export sales is subject to reconciliationand consequently Foreign Currency Valuation gain or loss may vary.

2.3 The information required to be disclosed under the Micro, Small & Medium EnterprisesDevelopment Act, 2006 has been determined to the extent such parties have been identifiedon the basis of information available with the Company.

2.4 Company has been supplying Pregnancy Test Kit (PTK) for the Ministry's "NischayProgramme" since 2007-08 at the provisional price of ` 10 per kit plus applicable taxes.During 2009-10 the Ministry had referred to Tariff Commission to determine the fair price forthe supplies of PTK in 2007-08 and 2008-09. In line with the fair price recommended by TariffCommission, net amount of ` 0.15 crore was accounted as due from the ministry for thesuplies of 2007-08 and 2008-09. On the same basis cost escalation benefit of 1.82 crorefor the supplies made in 2009-10 (` 0.69 crore) and 2010-11 (` 1.13 crore) were alsoaccounted earlier. All these amounts are remaining as receivables from the ministry, as theministry is yet to implement the Tariff Commission Cost Study Report. The ministry during2011 has referred to Tariff Commission to determine the fair price of PTK supplies to theministry for the year 2009-10 and 2010-11 and the cost study report is yet to be submitted.No cost escalation benefits of PTK supplies for the year 2011-12 is as such considered.

2.5 Matured fixed deposit of 10,000/- has not been paid due to dispute in claim from the legalheirs of the deceased deposit holder.

2.6 The Company had received from M/s. Female Health Company (UK) equipments valuing` 89.27 lacs on loan basis for manufacturing of female condom FC2 Nitrile version at its unitlocated in Cochin Export Processing Zone. No accounting entries have been passed as theproperty & title of the equipment supplied vests with M/s. Female Health Company, U.K.

2.7 Borrowing costs capitalized during the year is 85.03 lacs. (Previous Year is 2.58 lacs)

170 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

2.8 ®…Ë∫…‰∫…« ±……<°Úœ∫|…M… +∫…i……±… |……<¥…‰]ı ±… ®…]‰ıb˜, ®…Ë∫…‰∫…« +∆E÷Ú®…‰x… °Úh]ı, ™…÷ B∫… B E‰Ú ∫……l… 50 : 50 ∫……®……x™… ∂…‰™…Æ˙v……Æ˙h…E‰Ú ∫……l… BEÚ ∫…∆™…÷HÚ =t®… E‰Ú ∞¸… ®…Â M… `ˆi… EÚ™…… M…™…… * ∫…∆™…÷HÚ =t®… E∆Ú…x…“ E‰Ú ∫……®™…… ∂…‰™…Æ˙ …⁄ƒV…“ EÚ“ +…‰Æ˙ E∆Ú…x…“ x…‰` 783.42 ±……J… EÚ… ™……‰M…n˘…x… n˘™……, =∫…E‰Ú u˘…Æ˙… ®…Ë∫…‰∫…« +∆E÷Ú®…‰x… °Úh]ı, ™…÷ B∫… B E‰Ú ∫……l… |…¥…‰ ∂…i… ∂…‰™…Æ˙ v……Æ˙EÚ…Â E‰ÚEÚÆ˙…Æ˙ E‰Ú +v…“x… |… i…§…r˘i……+…Â EÚ… ∫……®…x…… EÚÆ˙i…… ΩË˛* ∫…∆™…÷HÚ =t®… E∆Ú…x…“ u˘…Æ˙… ¥…π…« 2011-12 E‰Ú n˘…ËÆ˙…x… x…¥…‰∂… ®…⁄±™… ®…Â` 303.76 ±……J… EÚ“ Ω˛… x… +…ËÆ ` 1426.02 ±……J… EÚ“ ∫…∆ S…i… Ω˛… x… Ω÷˛<« ΩË˛ * x…¥…‰∂… ®…Â ®…⁄±™… P…]ı…¥… …Æ˙ ¥…S……Æ˙ x…Ω˛” EÚ™…… V……i…… ΩË˛, S…⁄ƒ EÚ ™…Ω˛ ∂…‰™…Æ˙…‰∆ E‰Ú ®…⁄±™… x…v……« Æ˙i… EÚÆ˙x…‰ E‰Ú ±…B +∫……®… ™…EÚ ΩË˛ *

2.9 ¥…π…« E‰Ú n˘…ËÆ˙…x… ∫¥…ËŒSUÙEÚ ∫…‰¥…… x…¥…fi k… ™……‰V…x…… EÚ“ +…‰Æ˙ EÚ…‰<« +n˘…™…M…“ x…Ω˛” ΩË˛ *

2.10 E∆Ú…x…“ E‰Ú b˜“ …“ <« ®……M…«n˘∂…«x… E‰Ú +x…÷∫……Æ˙ ∫…“ B∫… +…Æ˙ EÚ…™…«EÚ±…………Â E‰Ú ±…B x…¥…±… ±……¶… E‰Ú x…®x…i…®… 3% ¥™…™… EÚ™…… V……x……ΩË˛ +…ËÆ˙ ¥™…™… x… EÚ“ Æ˙EÚ®…, ™… n˘ ΩË˛ i……‰, +…Æ˙ I…i… x… v… E‰Ú ∞¸… ®…Â +…M…‰ ±…‰ V……x…… ΩË˛* <∫… |…EÚ…Æ˙ ¥…π…« 2011-12 E‰Ú |……Æ∆˙¶…®…Â ∫…“ B∫… +…Æ˙ +…Æ˙ I…i… x… v… E‰Ú ∞¸… ®…Â 0.39 EÚÆ˙…‰c˜ ∂…‰π… l…… * E∆Ú…x…“ x…‰ ¥…π…« 2011-12 EÚ“ +¥… v… ®…Â ∫…“ B∫… +…Æ˙EÚ…™…«EÚ±…………Â EÚ“ +…‰Æ˙ 0.45 EÚÆ˙…‰b˜ ¥™…™… EÚ™…… l…… * =…™…÷«HÚ Œ∫l… i… EÚ…‰ v™……x… ®…Â Æ˙J…i…‰ Ω÷B +…ËÆ˙ ∫…“ B∫… +…Æ˙ +…Æ˙ I…i… x… v… ®…Â |……Æ∆˙ ¶…EÚ ∂…‰π… ±…M……x…‰ E‰Ú §……n˘ S……±…⁄ ¥…π…« E‰Ú ±……¶… ∫…‰ ` 0.49 EÚÆ˙…‰b˜ EÚ… x…¥…±… + i… Æ˙HÚ Æ˙EÚ®… ∫…“ B∫… +…Æ˙+…Æ˙ I…i… x… v… ¥… x…™……‰ V…i… EÚ™…… V……i…… ΩË˛ *

2.11 @Òh… ¥… + O…®… ®…Â 845.63 ±……J… ∂…… ®…±… ΩË˛ V……‰ n˘…‰ +…ËÆ˙ =∫…∫…‰ + v…EÚ ¥…π……‰∆« E‰Ú ΩÈ˛˛, EÚ…‰ ¶…±…‰ Ω˛“ M…ËÆ˙ V…®……x…i…“ ΩË˛, ∂……‰v™…∫…®…Z…‰ V……i…‰ ΩÈ˛ *

2.12 §…“®…… |…“ ®…™…®… ®…Â =k…Æ˙ ∫…‰¥…… x…¥…fi k… ®…‰ b˜EÚ±… °Ú…™…n‰˘ E‰Ú ±…B +n˘… EÚB S… EÚi∫…… §…“®…… |…“ ®…™…®… EÚ“ EÚ∂i… ∂…… ®…±… ΩË˛*

2.13 |… i… ∂…‰™…Æ˙ E‰Ú ±…B ®…⁄±… ¥… Ω˛±EÚ…˘˜ +V…«x…

31-3-2012 31-3-2011

M…h…EÚ - x…¥…±… ±……¶… (` ±……J……Â ®…Â)

®…⁄±… 2,054.05 1,843.49

Ω˛±EÚ… 2,054.05 1,843.49

b˜x……‰ ®…x…‰]ıÆ˙ - ¥…π…« E‰Ú n˘…ËÆ˙…x… §…EÚ…B ∫……®™…… ∂…‰™…Æ˙…‰∆ E‰Ú +…Ë∫…i…x… ∫…∆J™……

®…⁄±… 1,55,350 1,55,350

Ω˛±EÚ…˘ 1,55,350 1,55,350

+V…«x… |… i… ∂…‰™…Æ˙ (` )

®…⁄±… 1,322.21 1,186.67

Ω˛±EÚ…˘ 1,322.21 1,186.67

2.14 …‰UÙ±…‰ ¥…π…« E‰Ú ±…B +…ƒEÚb‰˜, V…Ω˛…ƒ i…EÚ +…¥…∂™…EÚ Ω˛…‰, S……±…⁄ ¥…π…« EÚ“ +…¥…∂™…EÚi……+…Â E‰Ú +x…÷∞¸… +…ËÆ˙ x…EÚ]ıi…®… ±……J… ®…Â…⁄h……» EÚi… EÚÆ˙x…‰ E‰Ú ±…B, …÷x…& ¥™…¥…∫l…… …i… B¥…∆ …÷x…& ¥…M…‘EfiÚi… EÚ™…‰ M…™…‰ ΩË∆˛*

2.15 ∫…∆§…Œxv…i… ……]ı‘ |…EÚ]ıx… +…ËÆ˙ J…∆b˜ Æ˙……‰Õ]ıM… GÚ®…∂…& … Æ˙ ∂…π]ı I, II & III ®…Â |…∫i…÷i… EÚ™…… V……i…… ΩË˛*

2.16 ¶……Æ˙i… E‰Ú ∫…x…n˘“ ±…‰J……EÚ…Æ˙ E‰Ú ∫…∆∫l……x… E‰Ú ¥…∂…‰π…Y… ∫…±……Ω˛EÚ…Æ˙ ∫… ®… i… EÚ“ Æ˙…™… E‰Ú +x…÷∫……Æ˙ i…÷±…x…-…j… ®…Â E∆Ú…x…“ u˘…Æ˙… ±…BM…B Æ˙…‰EÚc˜ ¥… §…ÈEÚ ∂…‰π……Â EÚ…‰ x™……∫… +…ËÆ˙ ∫…∆§…∆ v…i… n‰˘™…i……+…Â E‰Ú +v…“x… |… i……I…“ ®…n˘ E‰Ú ∞¸… ®…Â |…EÚ]ıx… EÚ™…‰ M…™…‰ ΩÈ˛ * |………h…… Æ˙™……‰V…x……Bƒ, +¥…∫…∆Æ˙S…x…… … Æ˙™……‰V…x……B∆ +…ËÆ˙ ∫……®…… V…EÚ ¥……h…x… … Æ˙™……‰V…x……B∆ +…ËÆ˙ … Æ˙∫…∆… k…™……‰∆ +…ËÆ˙ n‰™…i……B∆, … Æ˙ ∂…π]ı -III ®…Â |…EÚ]ı EÚ“ V……i…“ ΩË∆˛∆*

2.17 E∆Ú…x…“ x…‰ 1.4.2011 ∫…‰ +∆∂…n˘…™…“ …Â∂…x… E‰Ú EÚ…™……«x¥…™…x… E‰Ú ±…B §……‰b« ∫…‰ +x…÷®……‰n˘x… |……i… EÚ™…… ΩË * ±……¶… …Æ˙ =∫…EÚ… |…¶……¥…¥…π…« 2011-12 E‰Ú ±…B ` 166 ±……J… Ω˛…‰M…… * ®…∆j……±…™… ∫…‰ <∫…EÚ… +x…÷®……‰n˘x… x…h…«™……v…“x… Æ˙Ω˛x…‰ ∫…‰ ±…‰J…… §…Ω˛“ ®…Â <∫…EÚ“n‰˘™…i…… x…Ω˛” n˘“ M…™…“ ΩË˛ *


2.8 M/s. Life Spring Hospitals Private Limited was formed as a Joint Venture with 50:50 equityshareholdings with M/s. ACUMEN FUND, USA. The Company has contributed ` 783.42lacs towards the equity Share Capital of the Joint Venture Company, thereby meeting thecommitment under the Shareholders agreement entered into with M/s. Acumen Fund inc.USA. The loss incurred by the Joint Venture Company during 2011-12 is 303.76 lacs andthe cumulative loss is ` 1,426.02 lacs. Diminution in value in the investment if any is notconsidered, since it is premature to assess the value of the shares.

2.9 During the year there was no payment towards voluntary retirement scheme.

2.10 As per the DPE guidelines Company is to spend minimum 3% of the previous year's NetProfit for CSR activities and unspent amount, if any, need to be carried over as reserve fund.Thus 0.39 crore as CSR Reserve Fund was remaining on beginning of the year 2011-12.The company had spent 0.45 crore durig the year 2011-12 towards CSR activities. Takinginto account the above position and after setting off the opening balance in the CSR ReserveFund, net additional amount of ` 0.49 crore is appropriated out of the current year profitstowards the CSR Reserve Fund.

2.11 Loans and advances include 845.63 lacs that are aged two years and above, are consideredgood, though unsecured.

2.12 Insurance premium includes instalment of medical insurance premium paid for post retirementmedical benefits.

2.13 Basic and Diluted Earnings per share

31-3-2012 31-3-2011

Numerator Net Profit ( in lacs)

Basic 2,054.05 1,843.49

Diluted 2,054.05 1,843.49

Denominator - Average number of equity sharesoutstanding during the year

Basic 1,55,350 1,55,350

Diluted 1,55,350 1,55,350

Earnings per Share (`)

Basic 1,322.21 1,186.67

Diluted 1,322.21 1,186.67

2.14 Figures for the previous year have been rearranged and regrouped wherever necessary tosuit current year's requirements and rounded off to the nearest lakhs.

2.15 Related Party Disclosure and Segment Reporting is presented in Annexure I & II respectively.

2.16 The cash and bank balances held by the Company under trust and the relative liabilities aredisclosed as contra items in the Balance Sheet in accordance with the opinion of theExpert Advisory Committee of the Institute of Chartered Accounts of India. Assets andLiabilities of Procurement Projects, Infrastructure projects and Social Marketing Projectsare disclosed in Annexure - III.

2.17 Company has received approval from Board for implementation of Contributory PensionScheme from 1-4-2011. The impact of the same on Profit for the year 2011-12 would be` 166 lakhs. Since approval from ministry is pending for the same the liability has not beenprovided in the books of accounts.

172 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

2.18 EÚ®…«S……Æ˙“ °Ú…™…n‰EÚ) =…n˘…x… 31.3.2012 31.3.2011 Ú x… v… |…EÚ]ıx…/…⁄¥……«x…÷®……x…§…^ı… n˘Æ˙ 8.00 % 8.00 %¥…‰i…x… ¥…fi r˘ 5.00 % 5.00 % x… v… ®…⁄±™… (Ø˚…B ±……J……Â ®…Â) 2,800.90 2447.22®…⁄±™…x… ¥… v… |… I…i… ™…⁄ x…]ı =v……Æ˙ |… I…i… ™…⁄ x…]ı =v……Æ˙

¥… v… ¥… v…+…Ω˛Æ˙h… n˘Æ˙ +…™…÷ E‰Ú +…v……Æ˙ …Æ˙ +…™…÷ E‰Ú +…v……Æ˙ …Æ˙

1% ∫…‰Ú 3 % i…EÚ 1% ∫…‰Ú 3 % i…EÚ§…“®……∆ EÚi… ®…⁄±™… (Ø˚…B ±……J……Â ®…Â) 3,300.64 3111.61…÷∫i…EÚ ®…Â §…x……™…… |……¥…v……x… (Ø˚…B ±……J……Â ®…Â) 556.92 679.69¥……∫i… ¥…EÚ +ÃV…i… §™……V… (Ø˚…B ±……J……Â ®…Â ) 241.75 211.71+ÃV…i… U÷Ù^ı“ E‰Ú ±…B >…Æ˙“ ∫…“®…… (Ø˚…B ±……J……Â ®…Â) 10 10O…⁄… =…n˘…x… x…“ i… E‰Ú +v…“x… |… i… EÚ®…«S……Æ˙“ EÚ…‰§…“®……EfiÚi… Æ˙… ∂… (Ø˚…B ®…Â) 10 10J…) U÷Ù]¬ı]ı“ +¶™……«h… x… v… |…EÚ]ıx…/…⁄¥……«x…÷®……x… 31.3.2012 31.3.2011

§…^ı… n˘Æ˙ 8.00 % 8.00 %¥…‰i…x… ¥…fi r˘ 5.00 % 5.00 % x… v… ®…⁄±™… (Ø˚…B ±……J……Â ®…Â) 833.13 739.29®…⁄±™…x… ¥… v… |… I…i… ™…⁄ x…]ı =v……Æ˙ |… I…i… ™…⁄ x…]ı =v……Æ

¥… v… ˙ ¥… v…+…Ω˛Æ˙h… n˘Æ˙ +…™…÷ E‰Ú +…v……Æ˙ …Æ˙ +…™…÷ E‰Ú +…v……Æ˙ …Æ˙

1% ∫…‰Ú 3 % i…EÚ 1% ∫…‰Ú 3 % i…EÚ§…“®……∆ EÚi… ®…⁄±™… (Ø˚…B ±……J……Â ®…Â) 938.77 858.47…÷∫i…EÚ ®…Â §…x……™…… |……¥…v……x… (Ø˚…B ±……J……Â ®…Â) 113.42 119.17¥……∫i… ¥…EÚ +ÃV…i… §™……V… (Ø˚…B ±……J……Â ®…Â ) 70.93 57.45

+ÃV…i… U÷Ù^ı“ E‰Ú ±…B >…Æ˙“ ∫…“®…… (Ø˚…B ±……J……Â ®…Â) 300 n˘x… 300 n˘x…

2.19 +…ƒ ∂…EÚ ∞¸… ∫…‰ ¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ x…‰ S…ÂEÚ±……‰^ı, S…‰z…Ë, i… ®…±…x……b÷˜ ®…Â BEÚ“EfiÚi…˜ ¥…ËC∫…“x… EÚ…Ï±…‰C∫… (+…<« ¥…“ ∫…“) E‰Ú ∫…∆∫l………x…E‰Ú ±…B ¥…k… n‰˘x…‰ E‰Ú ±…B E∆Ú…x…“ EÚ…‰ + i… Æ˙HÚ ∫……®……x™… …⁄ƒV…“ E‰Ú ∞¸… ®…Â 285 EÚÆ˙…‰c˜ |…n˘…x… EÚÆ˙x…‰ EÚ… +…x…… x…h…«™…¥™…HÚ EÚ™…… ΩË * <∫…EÚ“ +…‰Æ˙ 10.02.2012 EÚ…‰ +…™……‰ V…i… ∫……¥…«V… x…EÚ x…¥…‰∂… §……‰b« (…“ +…<« §…“) EÚ“ §…Ë ˆEÚ ®…Â ±…™…‰ x…h…«™…E‰Ú +x…÷∫……Æ˙ ` 28 EÚÆ˙…‰c˜ EÚ… …Ω˛±…… EÚ∫i… ¶…“ n˘™…… M…™…… * <∫… |…EÚ…Æ˙ |……i… Ø˚…™…… 31.03.2012 ∫…‰ i…÷±…x…-…j… ®…Â+±…M… ∞¸… ∫…‰ |…EÚ]ı EÚ™…… V……i…… ΩË˛ *

2.20 E∆Ú…x…“ x…‰ ¶……Æ˙i… ∫…Æ˙EÚ…Æ˙ u˘…Æ˙… +x…÷®……‰ n˘i… V…Ë∫…‰ BEÚ“EfiÚi… ¥…ËC∫…“x… EÚ…Ï®±…‰C∫… (+…<« ¥…“ ∫…“) … Æ˙™……‰V…x…… EÚ…‰ |……Æ∆¶… EÚÆ˙x…‰ E‰Ú ±…B …∆V…“EfiÚi… EÚ…™……«±…™…, i…Ø˚¥…x…∆i……÷Æ˙®… E‰Ú ∫……l… BEÚ x…™…… 100 |… i…∂…i… ∫¥…… ®…i¥… EÚ“ ∫…®…x…÷π…∆M…“ E∆Ú…x…“, ®…Ë∫…‰∫…« BS…B±…B±…§……™……‰]‰ıEÚ ±… ®…]‰ıb˜ EÚ…‰ ∫…∆∫l…… …i… EÚ™…… ΩË * x…™…“ E∆Ú…x…“ 12 ®……S…«, 2012 ∫…‰ ∫…®…… ¥…π]ı EÚ™…… M…™…… * x…™…“ E∆Ú…x…“ E‰Ú |…l…®… ¥…k…“™… ¥…¥…Æ˙h… 12 ®……S…« 2012 ∫…‰ 31 ®……S…« 2013 EÚ“ +¥… v… ®…Â Ω˛…ÂM…‰ * +i…& B B∫… 27 E‰Ú +x…÷∫……Æ˙ ¥…π…« 2011-12E‰Ú ±…B ∫…®…‰EÚx… ±……M…⁄ x…Ω˛” ΩË˛ *


2.18 Employee benefitsa) GratuityThe Fund disclosures/Assumptions 31-3-2012 31-3-2011Discount Rate `8.00% 8.00%

Salary Escalation 5.00% 5.00%

Fund value (` lakhs) 2,800.90 2,447.22

Valuation Method Projected Unit Projected Unit

Credit Method Credit Method

Withdrawal rate 1% to 3% 1% to 3%

depending on age depending on age

Acturial value (` lakhs) 3,300.64 3,111.61

Provision made in the books (` lakhs) 556.92 679.69

Interest earned actual (` lakhs) 241.75 211.71

Upper limit for Gratuity (` lakhs) 10 10

Sum insured per employee under GroupGratuity Policy (` lakhs) 10 10

b) Leave EncashmentThe Fund disclosures/Assumptions 31-3-2012 31-3-2011Discount Rate `8.00% 8.00%

Salary Escalation 5.00% 5.00%

Fund value (` lakhs) 833.13 739.29

Valuation Method Projected Unit Projected Unit

Credit Method Credit Method

Withdrawal rate 1% to 3% 1% to 3%

depending on age depending on age

Acturial value (` lakhs) 938.77 858.47

Provision made in the books (` lakhs) 113.42 119.17

Interest earned actual (` lakhs) 70.93 57.45

Upper limit for Earned leave 300 days 300 days

2.19 Government of India has conveyed its decision to infuse 285 crores as additional equityinto the company, to part finance the setting up of Integrated Vaccine Complex (IVC) atChengalpattu, Tamilnadu. Towards this, the 1st instalment of 28 crores is also releasedin line with the decisin of the Public Investment Board (PIB) in its meeting held on 10.02.2012.The money thus received is separately disclosed in the Balance Sheet as on 31.03.2012.

2.20 Company has set up a new 100% owned subsidiary company, M/s. HLL Biotech Ltd., withRegistered Office at Trivandrum, Kerala, for taking up the Integrated Vaccine Complex(IVC) Project, as approved by Government of India. The new company is incorporated witheffect from 12th March, 2012. The first financial statement of the new company shall be forthe period 12th March, 2012 to 31st March, 2013. Hence consolidation is not applicable forthe year 2011-12 as per AS 27.

174 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

2.21 <∆Œ∫]ı]¬ı™…⁄]ı +…Ï°Ú S……]Êıb˜ +EÚ…=hb¬˜∫… +…Ï°Ú <∆ b˜˘™…… u˘…Æ˙… V……Æ˙“ ±…‰J…… …r˘ i… x…“ i… ®……x…EÚ…Â ( B B∫… 21 +…ËÆ˙ B B∫… 27)®…Â x…Ãn˘π]ı V…Ë∫…‰ ∫…®…‰ EÚi… ±…‰J…‰ EÚ“ i…Ë™……Æ˙“ +…ËÆ˙ |…∫i…÷i…“EÚÆ˙h… E‰Ú ±…B ∫…r˘…∆i… B¥…∆ |… GÚ™……+…Â E‰Ú +x…÷∫…Æ˙h… ®…Â E∆Ú…x…“ +…ËÆ˙=∫…E‰Ú ∫…∆™…÷HÚ =t®… ∫…‰ ∫…∆§…∆ v…i… ∫…®…‰ EÚi… ¥…k…“™… ¥…¥…Æ˙h… i…Ë™……Æ˙ EÚB M…B ΩÈ˛ *

2.22 |………h… B¥…∆ …Æ˙…®…∂…« |…¶……M… EÚ“ E÷ÚUÙ … Æ˙™……‰V…x……Bƒ …UÙ±…‰ ¥…π…« ®…ÂÚ §…∆n˘ EÚ“ M…™…“ ΩÈ +…ËÆ˙ ®…∆j……±…™… E‰Ú Æ˙EÚ…‰b« E‰Ú +x…÷∫……Æ˙ + O…®……⁄h…« ∞¸… ∫…‰ ¥™…¥…∫l…… …i… EÚ™…… M…™…… ΩË˛ * i…l…… …, E÷ÚUÙ G‰Ú b˜]ı ∂…‰π…, … Æ˙™……‰V…x…… …÷Œ∫i…EÚ… ®…Â +¥…∂…‰π… ΩË˛, <∫… |…EÚ…Æ˙ ±…∆ §…i…∫…®……™……‰V…x… E‰Ú ∞¸… ®…Â ` 77.48 ±……J… E∆Ú…x…“ …÷Œ∫i…EÚ… ®…Â … Æ˙™……‰V…x…… E‰Ú §…EÚ…™…‰ E‰Ú ∞¸… ®…Â ∂…‰π… Æ˙Ω˛… ΩË˛*

2.23 E∆Ú…x…“ EÚ…‰ 31.03.2012 i…EÚ ¥…n‰˘∂…“ ®…÷p˘… n‰˘x…n˘…Æ˙…Â E‰Ú ±…B ™…÷ B∫… b˜“ 5.25 ±……J… EÚ… ¥……™…n˘… ∫…∆ Ω˛i…… (= S…i… ®…⁄±™…` 266.14 ±……J…) ±…∆ §…i… …b˜… ΩË˛, V…Ω˛…ƒ ¥…∫…⁄±…“ EÚ“ …÷Œπ]ı EÚ“ M…™…“ +…ËÆ˙ ±…‰x…n˘…Æ˙ EÚ…‰ ¥……™…n˘… ∫…∆Æ˙I…h… n˘Æ˙ …Æ˙ ®…⁄±™……∆ EÚi… EÚ™…… M…™…… ΩË˛ *


2.21 The consolidated financial statement which relates to the company and its joint venture,have been prepared in accordance with the principles & procedures for the preparation andpresentation of consolidated accounts as set out in Accounting Standards (AS 21 & AS 27)issued by the Institute of Chartered Accountants of India.

2.22 A few projects of the Procurement & Consultancy Division were closed in the previousyears and the advance stand fully settled as per Ministry records. However, certain creditbalances remained in the projects books amounting to ` 77.48 lacs which were writtenback as "Miscellaneous Income".

2.23 Company have pending forward contracts USD 5.25 lacs (Fair Value 266.14 lacs) as on31.03.2012 for Foreign Currency Debtors, where realisation was confirmed and those debtorshave been valued at the Forward Cover rate as per the Accounting Policy.

176 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

2.24 |……∫…∆ M…EÚ n‰˘™…i……B∆

¥…¥…Æ˙h… 2011-12 2010-11` ±……J……Â ®…Â ` ±……J……Â ®…Â

(i) |……∫…∆ M…EÚ n‰˘™…i……B∆

(i) +…™… EÚÆ˙

EÚ) E∆Ú…x…“ E‰Ú ¥…Ø˚r˘ …b‰˜ +…™… EÚÆ˙ n˘…¥…‰, @Òh… E‰Ú ∞¸… ®…Â ∫¥…“EfiÚi… x…Ω˛”

EÚB M…B ΩÈ˛ i…l…… E∆Ú…x…“ +…“±… ®…Â Æ˙Ω‰˛ n˘…¥…‰ E‰Ú ∫…∆§…∆v… ®…Â |……¥…v……x…

x…Ω˛” EÚ˘B M…B ΩÈ˛ i…l…… x…h…«™……v…“x… …b‰˜ x…v……«Æ˙h… B¥…∆ §™……V……Â ∫…‰Ú

∫…∆§…∆ v…i… B‰∫…‰ ®……®…±…‰ ¶…“ UÙ…‰b˜ n˘B M…B ΩÈ˛ * 201.66 20.49

(ii) E∆Ú…x…“ E‰Ú J…±……°Ú …b‰˜ n˘…¥……Â EÚ…‰ @Òh… E‰Ú ∞¸… ®…Â ∫¥…“EfiÚi… x…Ω˛” EÚ™……* 4,030.70 3,715.80

(iii) M……Æ∆˙]ı“

(EÚ) + v…EÚ… Æ˙™……Â E‰Ú ±…B EÚ®…«S……Æ˙“ +…¥……∫…˛ @Òh… E‰Ú ±…B E∆Ú…x…“ EÚ“

M……Æ∆]ı“ 7.88 6.71

(J…) +x™……Â E‰Ú ±…B EÚ®…«S……Æ˙“ +…¥……∫… @Òh… E‰Ú ±…B E∆Ú…x…“ EÚ“ M……Æ∆˙]ı“ 21.28 45.09

(iv) ∫…Æ˙EÚ…Æ˙“ ¥…¶……M……‰∆ E‰Ú ±…B §…ÈEÚ M……Æ∆˙]ı“ ( x…¥…±… ®……ÃV…x… Æ˙… ∂…) 8,312.83 8,261.09

(v) +x™……Â E‰Ú ±…B §…ÈEÚ M……Æ∆˙]ı“ 1,451.05 1,345.57

(vi) E‰Ú™…÷BS…BB∫… E‰Ú x……®… …Æ˙ V……Æ˙“ EÚ“ M…<«˙ x…M… ®…i… M……Æ∆˙]ı“ 375.00 --

(vii) ∫……J…-…j… ( x…¥…±… ®……ÃV…x… Æ˙… ∂…) 8,699.89 7,452.59

(viii) EÚ…‰ S…x… ∫…‰∂…±… <EÚx……Ï ®…EÚ W……‰x… E‰Ú x……®… …Æ˙ §……∆b˜ ∫… Ω˛i… ¥… v… 465.92 --

E÷Ú±… 23,566.21 20,853.34

(ii) |… i…§…r˘i……B∆

(i) …⁄ƒV…“ ±…‰J…‰ …Æ˙ EÚ…™……«Œx¥…i… EÚB V……x…‰ E‰Ú ±…B ∂…‰π… ‰ˆE‰Ú E‰Ú +x…÷®…… x…i…

Æ˙EÚ®… +…ËÆ˙ |……¥…v……x… x…Ω˛” EÚB M…B* (+ O…®……‰∆ EÚ… x…¥…±…) 4,124.21 1,810.95

(ii) °Ú…™…±… EÚB +…“±……Â E‰Ú ±…B ±…∆ §…i… U⁄Ù]ı n˘…¥…… -- 1.95

E÷Ú±… 4,124.21 1,812.90

E÷Ú±… ™……‰M… 27,690.42 22,666.24


2.24 CONTINGENT LIABILITIES

(I) Contingent Liabilities

(i) Income Tax

(a) Income Tax demands against the Company notacknowledged as debt and not provided for in respect ofwhich the Company is in appeal and exclusive of thesimilar matters in respect of pending assessments andinterest 201.66 20.49

(ii) Claims against the Company not acknowledged as debts 4,030.70 3,715.80

(iii) Guarantee

(a) Company's guarantee for Employees Housing Loan forOfficers 7.88 6.71

(b) Company's guarantee for Employees Housing Loan forothers 21.28 45.09

(iv) Bank Guarantees to Govt. Departments. (Net of Margin Money) 8,312.83 8,261.09

(v) Bank Guarantees to others 1,451.05 1,345.57

(vi) `Corporate Guarantee issued in favour of KUHAS 375.00 -

(vii) Letter of Credits (net of Margin Money) 8,699.89 7,458.59

(viii)Bond cum legal undertaking in favour of Cochin SpecialEcomic Zone 465,92 -

TOTAL 23,566.21 20,853.34

(II) Commitments

(i) Estimated amount of contracts remaining to be executed

on Capital Account and not provided for (Net of advances) 4,124.21 1,810.95

(ii) Pending rebate claim for which appeals filed - 1.95

TOTAL 4,124.21 1,812.90

GRAND TOTAL 27,690.42 22,666.24


178 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

+x…÷∫…⁄S…“ I - ]ı…h…“ x…∆.2.15 ®…Â =Œ±±… J…i…±…‰J…… ®……x…EÚ 18 E‰Ú +x…÷∫……Æ˙ ∫…∆§…∆ v…i… ……]ı‘ E‰Ú §……Æ‰ ®…Â |…EÚ]ı“EÚÆ˙h…

Ú ¥…¥…Æ˙h…

Æ˙∂i…‰ EÚ… ¥…¥…Æ˙h… ∫…∆§…∆ v…i… ……Ã]ı™……Â E‰Ú x……®…

∫…®…x…÷π…∆M…“ ±……<¢Úœ∫|…M… +∫…i……±… |……<¥…]ı ±… ®…]‰ıb˜∫…Ω˛™……‰M…“ ÀΩ˛n÷∫i……x… ±…Ë]‰ıC∫… … Æ˙¥……Æ˙ x…™……‰V…x… |……‰z…®…x… x™……∫…®…÷J™… |…§…∆v…x… EÚ…Ã®…EÚ (E‰Ú B®… …“) b˜…Ï. B®…. +™™……x… - +v™…I… B¥…∆ |…§…∆v… x…n‰∂…EÚ

E‰Ú.E‰Ú. ∫…÷Æ‰∂… E÷Ú®……Æ˙ - x…n‰∂…EÚ ( ¥……h…x…)B®….b˜“. ∏…“E÷Ú®……Æ˙ - x…n‰∂…EÚ(i…EÚx…“EÚ“ B¥…∆ |…S……±…x…)+…Æ˙˙.…“. J…hb‰±…¥……±… - x…n‰∂…EÚ ( ¥…k…)

®…÷J™… |…§…∆v…x… EÚ…Ã®…EÚ EÚ…‰ |…n˘k… …… Æ˙∏… ®…EÚ ∫…‰ ∫…∆§…∆ v…i… ∫…⁄S…x…… ]ı…h…“ 24 ®…Â =…±…§v… ΩË*

∫…k…… EÚ… x……®…

ÀΩ˛n÷∫i……x… ±…Ë]‰ıC∫… … Æ˙¥……Æ x…™……‰V…x… |……‰z…®…x… x™……∫…

(j……¥…h…EÚ…‰Æ˙-EÚ…‰ŒSS… ∫…… Ω˛Œi™…EÚ,¥…ËY…… x…EÚ, v…®……«l…« ∫… ®… i… E‰Ú

…∆V…“EÚÆ˙h… + v… x…™…®… E‰Ú +v…“x… x™……∫…)

±……<°ÚŒ∫|…∆M… +∫…i……±…|……<¥…‰]ı ±… ®…]‰ıb˜

(¶……Æ˙i…“™… E∆Ú…x…“ + v… x…™…®…, 1956E‰Ú +v…“x… …∆V…“EfiÚi… E∆Ú…x…“)

∂…⁄x™…

2011-12 2010-11

` ±……J……Â ®…Â ` ±……J……Â ®…Â

2011-12 2010-11

` ±……J……Â ®…Â ` ±……J……Â ®…Âi) +…™…

§…GÚ“ 704.23 813.89 - -… Æ˙∫…∆… k…™……Â EÚ“ §…GÚ“ …Æ˙ ±……¶…/Ω˛… x… - - - - EÚÆ˙…™…… +…™… 38.40 38.40 - -

ii) J…S…« §…GÚ“ EÚ®…“∂…x… - - - -|…§…∆v… ∂…÷±EÚ - - - - §…GÚ“ |……‰z…®…x… - 39.69 - -¥…‰i…x… B¥…∆ ¶…k…… (|… i……⁄Ãi… EÚÆ˙x…‰ ™……‰M™…) - - - 1.45+x™… ¥™…™… (|… i……⁄Ãi… ™……‰M™…) 18.70 21.57 - 0.92

iii) … Æ˙∫…∆… k…™……ƒ ¥… ¥…v… n‰˘x…n˘…Æ˙ 241.26 295.12 - -+ O…®… 72.54 68.20 9.65 7.64∂…‰™…Æ˙…Â ®…Â x…¥…‰∂… - - 783.42 783.42

iv) n‰™…i……BƒJ…S……Á E‰Ú ±…B |……¥…v……x… - - - -+x™… n‰˘™…i……Bƒ - - - -

C™…… x…™…∆j…h… ±……M…⁄ ΩË˛ 50%

®…∆b˜±… EÚ“ i…Æ˙°Ú ∫…‰ ∫…∆§…r˘ <∫…“ i……Æ˙“J… EÚ“ Ω˛®……Æ˙“ Æ˙……‰]«ı n‰˘J…ÂEfiÚi…‰ +x…∆i…x… Bhb˜ ∫…÷xn˘Æ˙®…

∫…x…n˘“ ±…‰J……EÚ…Æ°Ú®…« x…∆. 000148 B∫…˙


x…<« n˘±±…“14.08.2012


ANNEXURE I - Referred to in Note No. 2.15

Disclosure in respect of related party pursuant to Accounting Standard 18

Particulars

Description of relationship Names of related parties

Subsidiaries Life Spring Hospitals Private LtdAssociates Hindustan Latex Family Planning Promotion TrustKey Management Personnel (KMP)

Dr. M. Ayyappan - Chairman & Managing DirectorK.K. Sureshkumar - Director (Marketing)M.D. Sreekumar - Director (Technical & Operations)R.P. Khandelwal - Director (Finance)

Information regarding remuneration paid to Key Managerial Personnel are available in Note 24.

Name of Entity

Hindustan Latex FamilyPlanning Promotion Trust

(A Trust under theTravancore - Kochi Literary

Scientific, CharitableSocieties Regulation Act)

Life Spring HospitalPrivate Ltd. (A Company

registered under the IndianCompanies Act, 1956)

Nil 50%

2011-12 2010-11

` lacs ` lacs

2011-12 2010-11

` lacs ` lacs

i) IncomeSales 704.23 813.89 - -Profit/Loss on sales of Assets - - - -Rental Income 38.40 38.40 - -

ii) ExpensesSales Commission - - - -Management Fee - - - -Sales Promotion - 39.69 - -Salaries & Allowances(Reimbursable) - - - 1.45other expenses (reimbursable) 18.70 21.57 - 0.92

iii) AssetsSundry Debtors 241.26 295.12 - -Advances 72.54 68.20 9.65 7.64Investment in Shares - - 783.42 783.42

iv) LiabilitiesProvision for Expenses - - - -Other Liabilities - - - -

Whether Control exist




New Delhi14.08.2012

180 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

+x…÷∫…⁄S…“ II - ]ı…h…“ x…∆.2.15 ®…Â =Œ±±… J…i…±…‰J…… ®……x…EÚ 17 E‰Ú +v…“x… |…EÚ]ı“EÚÆ˙h… J…∆b˜ Æ˙……‰Õ]ıM…

Ú ¥…¥…Æ˙h… 1. |……<®…Æ˙“ J…∆b˜ ∫…⁄S…x……

Æ˙…V…∫¥… J…∆b ` ±……J……Â ®…Â

M…¶…« x…Æ˙…‰v…EÚ ∫¥……∫l™… Æ˙I…… ¥™…………Æ˙ |………h… B¥…∆ `‰ÊÚ… ∫…‰¥……B∆ E÷Ú±……Æ˙…®…∂…« ∫…‰¥……B∆

x…¥…±… §…GÚ“ +…ËÆ˙ ∫…‰¥……Bƒ 28,999.09 6,282.21 9,274.93 2,627.77 11,963.81 59,147.81

+x™… + ¥… x…v……x…“™… Æ˙…V…∫¥… 1,707.91

E÷Ú±… 60,855.72

J…∆b˜ … Æ˙h……®…

§™……V… +…ËÆ˙ EÚÆ˙ E‰Ú …Ω˛±…‰ ±……¶… 2,488.27 -259.19 -167.27 978.10 3,415.47 6,455.38x™…⁄x… : §™……V… (775.83)+x™… + ¥… x…v……x…“™… ¥™…™… 2,888.18…⁄¥…« +¥… v… ®…nÂ˘ 2.06V……‰b˜ : +x™… + ¥… x…v……x…“™… ¥™…™… 267.07EÚÆ˙ E‰Ú …⁄¥…« ±……¶… 3,056.38

x…™…÷HÚ …⁄ƒV…“

+…§…∆ ]ıi… +S…±… … Æ˙∫…∆… k…™……ƒ (EÚ) 9,003.28 4,368.91 22.28 2,220.32 0.52 15,615.31

+…§…∆ ]ıi… S……±…⁄ … Æ˙∫…∆… k…™……ƒ (J…) 20,766.65 3,817.31 5,125.18 2,877.61 7,997.95 40,584.70

(EÚ + J…) 29,769.93 8,186.22 5,147.46 5,097.93 7,998.47 56,200.01

+…§…∆ ]ıi… S……±…⁄ n‰˘™…i……Bƒ 20,101.13 4,223.42 2,255.62 4,023.37 5,636.65 36,240.19

x…™…÷HÚ …⁄ƒV…“ +…§…∆]ıx… 9,668.80 3,962.80 2,891.84 1,074.56 2,361.82 19,959.82 x…™…÷HÚ …⁄ƒV…“ E‰Ú + ¥… x…v……x…“™… +∆∂… 1,722.13E÷Ú±… x…™…÷HÚ …⁄ƒV…“ 21,681.95

2. ∫…‰EÚxb˜Æ˙“ J…∆b˜ ∫…⁄S…x…… ¶……ËM……‰ ±…EÚ¶……Æi… 55,983.49

¶……Æi… E‰Ú §……Ω˛Æ˙ 4,872.23

60.855.72

x…™…÷HÚ …⁄ƒV…“ 19,724.85

¶……Æ˙i… 1,957.10

¶……Æ˙i… E‰Ú §……Ω˛Æ˙ 21,681.95

M…¶…« x…Æ˙…‰v…EÚ ∫¥……∫l™… Æ˙I…… ¥™…………Æ˙ |………h… B¥…∆ `‰ÊÚ… ∫…‰¥……B∆ E÷Ú±……Æ˙…®…∂…« ∫…‰¥……B∆

M…¶…« x…Æ˙…‰v…EÚ ∫¥……∫l™… Æ˙I…… ¥™…………Æ˙ |………h… B¥…∆ `‰ÊÚ… ∫…‰¥……B∆ E÷Ú±…=i……nÂ˘ …Æ˙…®…∂…« ∫…‰¥……B∆

®…∆b˜±… EÚ“ i…Æ˙°Ú ∫…‰ ∫…∆§…r˘ <∫…“ i……Æ˙“J… EÚ“ Ω˛®……Æ˙“ Æ˙……‰]«ı n‰˘J…ÂEfiÚi…‰ +x…∆i…˘x… Bhb˜ ∫…÷xn˘Æ˙®…

∫…x…n˘“ ±…‰J……EÚ…Æ°Ú®…« x…∆. 000148 B∫…˙


x…<« n˘±±…“14.08.2012





New Delhi14.08.2012

ANNEXURE II - Referred to in Note No. 2.15Disclosures under Accounting Standards-17 SEGMENT REPORTING

Particulars1. Primary Segment Information

Segment Revenue ` lakhs

Contraceptives Health Care Trading Procurement Contract TotalProducts and Services

ConsultancyServices

Net Sales & Services 28,999.09 6,282.21 9,274.93 2,627.77 11,963.81 59,147.81

Other Unallocable Revenue 1,707.91

Total 60,855.72

Segment Results


ConsultancyServices

Profit before Interest & Tax 2488.27 (259.19) (167.27) 978.10 3,415.47 6,455.38

Less: Interest (775.83)

Other Unallocable Expenditure 2,888.18

Prior period items 2.06

Add : Unallocable Income 267.07

Profit before tax 3,056.38


ConsultancyServices

Capital Employed

Allocated Fixed Assets (a) 9,003.28 4,368.91 22.28 2,220.32 0.52 15,615.31

Allocated Current Assets (b) 20,766.65 3,817.31 5,125.18 2,877.61 7,997.95 40,584.70

a+b 29,769.93 8,186.22 5,147.46 5,097.93 7,998.47 56,200.01

Allocated Current Liabilities 20,101.13 4,223.42 2,255.62 4,023.37 5,636.65 36,240.19

Capital Employed Allocation 9,668.80 3,962.80 2,891.84 1,074.56 2,361.82 19,959.82

Unallocable portion of CapitalEmployed 1,722.13

Total Capital Employed 21,681.95

2. Secondary Segment Information - Geographical

India 55,983.49

Outside India 4,872.23

60,855.72

Captial Employed 19,724.85

India 1,957.10

Outside India 21,681.95

182 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

+x…÷∫

…⁄S…“

III -

]ı…

h…“ x

…∆.2.1

6 ®…Â

=Œ±±… J

…i…31

®……S

…«, 20

12 E

Ú…‰ EÚ…™…

…«x¥…™…

…v…“x…

…c˜“

… Æ˙™……

‰V…x……

EÚ“ … Æ˙∫

…∆… k…™…

…ƒ +…ËÆ˙ n

‰™…i……

Bƒ

… Æ˙∫

…∆… k…™…

…ƒn‰™

…i……Bƒ

BS…B±…B±

… E‰Ú ∫

……l… x™……∫

… E‰Ú

+P…“x…

…b

‰˜ x…n˘EÚ +

…ËÆ˙ §…ÈEÚ ∂…‰π…

E÷Ú±…

S……±…⁄ … Æ˙∫

…∆… k…™…

…ƒ

2011

-12

2010

-11

… Æ˙™……‰V

…x……Bƒ

…“ ∫

…“ b˜“

+…™…

÷π…1.

40-

217.

0022

7.39

218.

4022

7.39

218.

4022

7.39

218.

4022

7.39

Bx… +…<« §…“

69.6

012

.03

8.93

-78

.53

12.0

378

.53

12.0

378

.53

12.0

3Bx

… +…<« B

S… E

‰Ú0.

61-

41.0

459

.10

41.6

559

.10

41.6

559

.10

41.6

559

.10

<∆ b˜™…x

… ®…‰

b˜ ∫…x∫

… °Ú…®…

«∫™…⁄ ]

ıEÚ±∫

…E∆Ú…x

…“ ±… ®

…]‰ıb˜

--

0.89

-0.

89-

0.89

-0.

89-

Bx…+

…Æ˙BS

…B®…

(|………h…)

1,23

9.17

38.8

513

5.80

-1,

374.

9738

.85

1,37

4.97

38.8

51,

374.

9738

.85

+…Æ˙+…<«B®

…B∫…

57.0

010

0.26

71.1

7-

128.

1710

0.26

128.

1710

0.26

128.

1710

0.26

…“B®

…B∫…B∫

…¥……<« (…∆V

……§…)

2,86

6.67

-10

.99

-2,

877.

66-

2,87

7.66

-2,

877.

66-

…“B®

…B∫…B∫

…¥……<« … Æ

˙™……‰V…x…

…Bƒ

11,7

94.9

114

,931

.66

2,88

5.53

1.98

14,6

80.4

4

14,

933.

6414

,680

.44

1

4,93

3.64

14,

680.

44

14,9

33.6

4(V

…“B®…B

∫…b˜“)

]ı“EÚ…EÚ…Æ

˙h… (B®

…+…‰BS…

& B

°Ú b

˜Œ§±…™…

÷) & E

Ú…‰±b˜ S

…‰x…1,

076.

47-

15.6

4-

1,09

2.11

-1,

092.

11-

1,09

2.11

-+…<«…“∫…“ (|………h…)

360.

6129

9.47

470.

27-

830.

8829

9.47

830.

8829

9.47

830.

8829

9.47

b˜Œ§±

…™…÷§…“™…÷B

S…B∫

…16

7.39

164.

4245

.15

-21

2.54

164.

4221

2.54

164.

4221

2.54

164.

42∫…“B…“<«

422.

82-

419.

2823

.73

842.

1023

.73

842.

1023

.73

842.

1023

.73

∫……E«Ú

171.

2266

4.70

16.4

515

4.67

187.

6781

9.37

187.

6781

9.37

187.

6781

9.37

¥…n‰˘∂

… EÚ…™…

« ®…∆j……±

…™…, ∫…“∂…‰±∫…

--

24.6

4-

24.6

4-

24.6

4-

24.6

4-

<«B∫…+…<«∫…“

3,29

7.76

7,67

2.08

6,10

3.78

-9,

401.

547,

672.

089,

401.

547,

672.

089,

401.

547,

672.

08Bx

…¥…“§…“b

˜“∫…“…“

423.

9362

8.36

44.3

75.

4246

8.30

633.

7846

8.30

633.

7846

8.30

633.

78x……

EÚ…‰

26.9

526

.95

412.

68-

439.

6326

.95

439.

6326

.95

439.

6326

.95

B®…∫…“b

˜“99

.28

433.

1221

.37

-12

0.65

433.

1212

0.65

433.

1212

0.65

433.

12∫…“V…“B

S…B∫

…62

.09

58.0

30.

12-

62.2

158

.03

62.2

158

.03

62.2

158

.03

∫…“¥…“B®…

… Æ˙™

……‰V…x…

… …“∫…“b

˜“12

5.39

--

-12

5.39

-12

5.39

-12

5.39

-®…Ω

˛…Æ˙…V……

V…M…Æ

˙ À∫…Ω˛

®…‰ b˜EÚ±…

Æ˙ ±…°Ú ∫

……‰∫……<

]ı“-

-0.

160.

160.

160.

160.

160.

160.

160.

16 Ω˛®……

S…±… |…n‰˘∂… ∫

…Æ˙EÚ…Æ˙ … Æ

˙™……‰V…x…

…-

-23

0.72

-23

0.72

-23

0.72

-23

0.72

-

V…®®…⁄ &

EÚ∂®…“

Æ˙ … Æ˙™

……‰V…x…

… …“ ∫

…“ b˜“

--

2.47

-2.

47-

2.47

-2.

47-

+x™… S……±…⁄ n‰˘™

…i……Bƒ

E÷Ú±…

2011

-12

2010

-11

2011

-12

2010

-11

2011

-12

2010

-11

2011

-12

2010

-11


AN

NE

XU

RE

III

- R

efer

red

to

in

No

te N

o.

2.16

Ass

ets

and

Lia

bil

itie

s o

f p

roje

cts

un

der

im

ple

men

tati

on

as

on

31s

t M

arch

201

2

AS

SE

TS

LIA

BIL

ITIE

S

Cas

h &

Ban

k ba

lanc

eshe

ld u

nder

tru

st w

ith H

LLO

ther

Cur

rent

Ass

ets

Tota

lC

urre

nt L

iabi

litie

sTo

tal

2011

-12

2010

-11

2011

-12

2010

-11

2011

-12

2010

-11

2011

-12

2010

-11

2011

-12

2010

-11

Pro

jec

ts

PCD

AY

US

H1.

40-

217.

0022

7.39

218.

4022

7.39

218.

4022

7.39

218.

4022

7.39

NIB

69.6

012

.03

8.93

-78

.53

12.0

378

.53

12.0

378

.53

12.0

3

NIH

K0.

61-

41.0

459

.10

41.6

559

.10

41.6

559

.10

41.6

559

.10

Indi

an M

edic

ines

Pha

rmac

eutic

als

Co

Ltd

--

0.89

-0.

89-

0.89

-0.

89-

NR

HM

(pro

cure

men

t)1,

239.

1738

.85

135.

80-

1,37

4.97

38.8

51,

374.

9738

.85

1,37

4.97

38.8

5

RIM

S57

.00

100.

2671

.17

-12

8.17

100.

2612

8.17

100.

2612

8.17

100.

26

PM

SS

Y (P

UN

JAB

)2,

866.

67-

10.9

9-

2,87

7.66

-2,

877.

66-

2,87

7.66

-

PM

SS

Y P

roje

cts

11,7

94.9

114

,931

.66

2,88

5.53

1.98

14,6

80.4

4

14

,933

.64

14,6

80.4

414

,933

.64

14,6

80.4

414

,933

.64

(GM

SD

) Im

mun

isat

ion

(MO

H&

FW

) & C

old

Cha

in1,

076.

47-

15.6

4-

1,09

2.11

-1,

092.

11-

1.09

2.11

-

IPC

(Pro

cure

men

t)36

0.61

299.

4747

0.27

-83

0.88

299.

4783

0.88

299.

4783

0.88

299.

47

WB

UH

S16

7.39

164.

4245

.15

-21

2.54

164.

4221

2.54

164.

4221

2.54

164.

42

CA

PE

422.

82-

419.

2823

.73

842.

1023

.73

842.

1023

.73

842.

1023

.73

SA

AR

C17

1.22

664.

7016

.45

154.

6718

7.67

819.

3718

7.67

819.

3718

7.67

819.

37

Min

istr

y of

Ext

erna

l A

ffairs

,S

yche

lles

--

24.6

4-

24.6

4-

24.6

4-

24.6

4-

ESIC

3,29

7.76

7,67

2.08

6,10

3.78

-9,

401.

547,

672.

069,

401.

547,

672.

089,

401.

547,

672.

08

NV

BD

CP

423.

9362

8.36

44.3

75.

4246

8.30

633.

7846

8.30

633.

7846

8.30

633.

78

NA

CO

26.9

526

.95

412.

68-

439.

6326

.95

439.

6326

.95

439.

6326

.95

MC

D99

.28

433.

1221

.37

-12

0.65

433.

1212

0.65

433.

1212

0.65

433.

12

CG

HS

62.0

958

.03

0.12

-62

.21

58.0

362

.21

58.0

362

.21

58.0

3

C.V

.M. P

RO

JEC

TS

PC

O12

5.39

--

-12

5.39

-12

5.39

-12

5.39

-

MA

HA

RA

JA J

AG

AR

SIN

GH

ME

DIC

AL

RE

LIE

F S

OC

IETY

--

0.16

0.16

0.16

0.16

0.16

0.16

0.16

0.16

HIM

AC

HA

L P

RA

DE

SH

GO

VT.

PR

OJE

CT

--

230.

72-

230.

72-

230.

72-

230.

72-

JAM

MU

& K

AS

HM

IRP

RO

JEC

T P

CD

--

2.47

-2.

472.

47-

2.47

-

184 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

+x…÷∫

…⁄S…“

III -

]ı…

h…“ x

…∆.2.1

6 ®…Â

=Œ±±… J

…i…31

®……S

…«, 20

12 E

Ú…‰ EÚ…™…

…«x¥…™…

…v…“x…

…c˜“

… Æ˙™……

‰V…x……

EÚ“ … Æ˙∫

…∆… k…™…

…ƒ +…ËÆ˙ n

‰™…i……

Bƒ

… Æ˙∫

…∆… k…™…

…ƒn‰™

…i……Bƒ

BS…B±…B±

… E‰Ú ∫

……l… x™……∫

… E‰Ú

+v…“

x… …b

‰˜ x…n˘EÚ +

…ËÆ˙ §…ÈEÚ ∂…‰π…

E÷Ú±…

S……±…⁄ … Æ˙∫

…∆… k…™…

…ƒ

2011

-12

2010

-11

… Æ˙™……‰V

…x……Bƒ

+x™… S……±…⁄ n‰˘™

…i……Bƒ

E÷Ú±…

2011

-12

2010

-11

2011

-12

2010

-11

2011

-12

2010

-11

2011

-12

2010

-11

n˘ Æ

V…∫]≈ı…

Æ˙ V…x…Æ

˙±…-

-2.

30-

2.30

-2.

30-

2.30

-EÚ∫……Ë±…“

… Æ˙™……‰V

…x……

-13

0.90

-87

.78

-21

8.68

-21

8.68

-21

8.68

E÷Ú±…

22,2

63.2

725

,160

.83

11,1

80.7

556

0.23

33,4

44.0

225

,721

.06

33,4

44.0

225

,721

.06

33,4

44.0

2 2

5,72

1.06

+…<« b

˜“ =k…Æ˙

+…<«…“∫…“ (M……W

…“™……§……n

˘)11

.17

10.0

0-

-11

.17

10.0

011

.17

10.0

011

.17

10.0

0…“B®

…B∫…B∫

…¥……<« +

…¥……∫…“™

…… Æ™……‰V

…x……B∆ (@Ò

π…E‰Ú∂… +

…ËÆ˙ …]x……

)1,

970.

362,

969.

8585

.59

19.6

62,

055.

952,

989.

512,

055.

952,

989.

512,

055.

952,

989.

51Bx

…<«+…<«B°

ÚB®…,

+…™…

÷π… E‰Ú +

v“x…

……∫…“M…g

¯28

3.02

67.6

821

0.63

0.59

493.

6568

.27

493.

6568

.27

493.

6568

.27

Bx…+

…<«…“B∫

…/+…Æ˙+…<«…“B∫

…8,

808.

17-

403.

96-

9,21

2.13

-9,

212.

13-

fi9,21

2.13

-+±…“M…

g¯ ®…‰

b˜EÚ±… E

Ú…Ï±…‰V…

(…“B®…B

∫…B∫

…¥……<«)

79.6

4-

726.

69-

806.

33-

806.

33-

806.

33-

E÷Ú±…

11,1

52.3

63,

047.

531,

426.

8720

.25

12,5

79.2

33,

067.

7812

,579

.23

3,06

7.78

12,5

79.2

33,

067.

78+…<« b

˜“ n˘

I…h…

i…Ø˚¥…x

…∆i……÷Æ

˙®… ®…‰

b˜EÚ±… E

Ú…Ï±…‰V…

1,42

2.63

51.1

215

.44

382.

791,

438.

0743

3.91

1,43

8.07

433.

911,

.438

.07

433.

91∫…‰±…®…

®…‰ b˜EÚ±… E

Ú…Ï±…‰V…

798.

6116

.80

50.1

861

0.99

848.

7962

7.79

848.

7962

7.79

848.

7962

7.79

§…È±…M…

⁄Æ˙ ®…‰

b˜EÚ±… E

Ú…Ï±…‰V…

318.

713.

1515

.17

258.

3933

3.88

261.

5433

3.87

261.

5433

3.88

261.

54®…n

÷˘ÆË˙ ®…‰

b˜EÚ±… E

Ú…Ï±…‰V…

--

--

--

--

--

Bx…+

…Æ˙BS

…B®…

278.

6527

6.62

356.

1143

9.25

634.

7671

5.87

634.

7671

5.87

634.

7671

5.87

V…®

…Æ˙

4,35

6.66

1,43

8.88

976.

6957

1.97

533.

352,

010.

8553

3.35

2,01

0.85

533.

352,

010.

85®…±

…§……Æ˙ C

™……x…∫

…Æ˙ ∫

…Â]ıÆ˙

63.5

45.

231.

0792

.57

64.6

197

.80

64.6

197

.80

64.6

197

.80

∫…®……

V… E

Ú±™……

h… ¥…¶

……M…

154.

5873

.06

6.87

40.0

116

1.45

113.

0716

1.45

113.

0716

1.45

113.

07+…<«B®

…BS…BB

x…B∫…

603.

64-

53.1

2-

656.

76-

656.

76-

656.

76-

b˜“B®…<

«42

.48

-0.

01-

42.4

9-

42.4

9-

42.4

9-

+…™…

EÚÆ˙

∫…‰¥…… E

ÂÚp˘

--

--

--

--

--

+…<«b˜“b

˜“13

2.53

-1.

21-

133.

74-

133.

74-

133.

74-

E÷Ú±…

8,17

2.03

1,86

4.86

1,47

5.87

2,39

5.97

9,64

7.90

4,26

0.83

9,64

7.90

4,26

0.83

9,64

7.90

4,26

0.83

E÷Ú±… ™……‰M

…41

,587

.66

30,0

73.2

214

,083

.49

2,97

6.45

55,6

71.1

533

,049

.67

55,6

71.1

533

,049

.67

55,6

71.1

5 3

3,04

9.67

®…∆b˜±… E

Ú“ i…Æ

˙°Ú ∫

…‰∫…∆§…r

˘ <∫…“ i……

Æ˙“J… E

Ú“ Ω˛®

……Æ˙“ Æ˙……‰]«ı

n‰˘J…Â

EfiÚi…‰

+x…∆i

…˘x… Bh

b˜ ∫

…÷xn˘Æ˙®

…∫…x…n

˘“ ±…‰J…

…EÚ…Æ

°Ú®…«

x…∆. 0

0014

8 B∫

…˙b˜…Ï.

B®….+

™™……x…

b˜…Ï.

B.E‰Ú. …h

b˜…

+…Æ˙˙.…

“. J…hb

‰˜±…¥……±…

…“. ∏…“E÷Ú®…

…Æ˙

¥…“. ®…“

x……I…“ ∫…÷xn

˘Æ˙®…

+v™…I… B¥…∆

x…n‰˘∂

…EÚ

x…n‰˘∂

…EÚ ( ¥

…k…)

E∆Ú…x

…“ ∫… S…¥… B

¥…∆∫……Z…‰n˘…Æ˙

|…§…∆v…

x…n

‰˘∂…EÚ

=……v™…I…Ú

(∫…“

B B∫

…)∫…n˘∫

™… ∫…∆. 02

0120

x…<« n˘±

±…“

14.0

8.20

12


AN

NE

XU

RE

III

- R

e\fe

rred

to

in

No

te N

o.

2.15

Ass

ets

and

Lia

bil

itie

s o

f p

roje

cts

un

der

im

ple

men

tati

on

as

on

31s

t M

arch

201

2

AS

SE

TS

LIA

BIL

ITIE

S

Cas

h &

Ban

k ba

lanc

eshe

ld u

nder

tru

st w

ith H

LLO

ther

Cur

rent

Ass

ets

Tota

lC

urre

nt L

iabi

litie

sTo

tal

2011

-12

2010

-11

2011

-12

2010

-11

2011

-12

2010

-11

2011

-12

2010

-11

2011

-12

2010

-11

Pro

jec

ts

The

Reg

istr

ar G

ener

al2.

30-

2.30

-2.

30-

2.30

-

Kas

arol

l P

roje

ct13

0.90

87.7

8-

218.

68-

218.

68-

218.

68

TO

TAL

22,2

63.2

725

,160

.83

11,1

80.7

556

0.23

33,4

44.0

225

,721

.06

33,4

44.0

225

,721

.06

33,4

44.0

225

,721

.06

ID N

ort

h

IPC

(Gaz

iaba

d)11

.17

10.0

0-

-11

.17

10.0

011

.17

10.0

011

.17

10.0

0

PM

SS

Y R

esid

entia

l Pro

ject

s(R

ishi

kesh

& P

atna

)1,

970.

362,

969.

8585

.59

19.6

62,

055.

552,

989.

512.

055.

952,

989.

512,

055.

952,

989.

51

NE

IFM

, Pas

igha

t und

er A

YU

SH

283.

0267

.68

210.

630.

5949

3.65

68.2

749

3.65

68.2

749

3.65

68.2

7

NIP

S/R

IPS

8,80

8.17

-40

3.96

-9,

212.

13-

9,21

2.13

-92

12.1

3-

Alig

arh

Med

ical

Col

lege

(PM

SS

Y)

79.6

4-

726.

69-

806.

33-

806.

33-

806.

33-

TO

TAL

11,1

52.3

63,

047.

531,

426.

8720

.25

12,5

79.2

33,

067.

7812

,579

.23

3,06

7.78

12,5

79.2

33,

067.

78

ID S

ou

th

Triv

andr

um M

C1,

422.

6351

.12

15.4

438

2.79

1,43

8.07

433.

911,

438.

0743

3.91

1,43

8.07

433.

91

Sal

em M

C79

8.61

16.8

050

.18

610.

9984

8.79

627.

7984

8.79

627.

7984

8.79

627.

79

Ban

galo

re M

C31

8.71

3.15

15.1

725

8.39

333.

8826

1.54

333.

8726

1.54

333,

8726

1.54

Mad

urai

MC

--

--

--

--

--

NR

HM

278.

6527

6.62

356.

1143

9.25

634.

7671

5.87

634.

7671

5.87

634.

7671

5.87

JIP

ME

R4,

356.

661,

438.

8897

6.69

571.

975,

333.

352,

010.

855,

333.

352,

010.

855,

333.

352,

010.

85

Mal

abar

Can

cer

Cen

te63

.54

5.23

1.07

92.5

764

.61

97.8

064

.62

97.8

064

.62

97.8

0

Soc

ial W

elfa

re D

ept.

154.

5873

.06

6.87

40.0

116

1.45

113.

0716

1.45

113.

0716

1.45

113.

07

IMH

AN

S60

3.64

-53

.12

-65

6.76

-65

6.76

-65

6.76

-

DM

E42

.48

-0.

01-

42.4

9-

42.4

9-

42.4

9-

Aya

kar

Sev

a K

endr

a-

--

--

--

--

-

IDD

132.

53-

1.21

-13

3.74

-13

3.74

-13

3.74

-

TO

TAL

8,17

2.03

1,86

4.86

1,47

5.87

2,39

5.97

9,64

7.90

4.26

0.83

9,64

7.90

4,26

0.83

9,64

7.90

4,26

0.83

GR

AN

D T

OTA

L41

,587

.66

30,0

73.2

214

,083

.49

2,97

6.45

55,6

71.1

533

,049

.67

55,6

71.1

533

,049

.67

55,6

71.1

533

,049

.67

For

and

on

beha

lf of

the

Boa

rdV

ide

our

repo

rt o

f ev

en d

ate

atta

ched

For

AN

AN

TH

AN

& S

UN

DA

RA

MC

hart

ered

Acc

ount

ants

Firm

No.

000

148S

Dr.

M.

Ayy

appa

nD

r. A

.K. P

anda

R.P

. K

hand

elw

alP.

Sre

ekum

arV

. Mee

naks

hi S

unda

ram

Cha

irman

Dir

ecto

rD

irect

or (

Fin

ance

)C

ompa

ny S

ecre

tary

Par

tner

& M

anag

ing

Dire

ctor

& V

P (

CA

S)

Mem

bers

hip

No

: 020

120

New

Del

hi14

.08.

2012

186 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012


∫…x…n˘“ ±…‰J……EÚ…Æ°Ú®…« x…∆. 000148 B∫…˙


x…<« n˘±±…“14.08.2012

31 ®……S…«, 2012 EÚ…‰ ∫…®……i… i…÷±…x…-…j… - B B∫… - 27 E‰Ú +x…÷∫……Æ˙ ¥…¥…Æ˙h… 2011-12 2010-11

` ±……J……Â ®…Â ` ±……J……Â ®…ÂI <ŒC¥…]ı“ +…ËÆ˙ n‰˘™…i……B∆1 +∆∂…v…… Æ˙™……Â EÚ“ x… v…

(EÚ) ∂…‰™…Æ˙ …⁄ƒV…“ 1,553.50 1,553.50(J…) +…Æ˙ I…i… i…l…… + v…∂…‰π… 15,199.58 13,481.37

E÷Ú±… (1) 16,753.08 15,034.872 ∂…‰™…Æ˙ …⁄ƒV…“ EÚ“ +…‰Æ˙ + O…®… 2,800.003 M…ËÆ˙-S……±…⁄ n‰˘™…i……B∆ - -

(EÚ) ±…∆§…“ +¥… v… E‰Ú @Òh… 2,049.98 2,370.81(J…) +…∫l… M…i… EÚÆ˙ n‰˘™…i…… ( x…¥…±…) 391.77 384.32(M…) +x™… n˘“P…«EÚ… ±…EÚ n‰˘™…i……B∆ - -(P…) n˘“P…«EÚ… ±…EÚ |……¥…v……x… - -

E÷Ú±… (3) 2,441.75 2,755.134 S……±…⁄ n‰˘™…i……Bƒ - -

(EÚ) +±…EÚ… ±…EÚ @Òh… 13,322.50 13,523.96(J…) ¥™…………Æ˙ n‰˘™… 7,937.38 8,319.99(M…) +x™… S……±…⁄ n‰˘™…i……B∆ 13,200.32 11,469.28(P…) +±…EÚ… ±…EÚ |……¥…v……x… 1,971.74 1,980.81

E÷Ú±… (4) 36,431.94 35,294.045 EÚ…Ïx]≈ı… E‰Ú +x…÷∫……Æ˙ x™……∫… E‰Ú +v…“x… Ω÷<« … Æ˙™……‰V…x……+…Â E‰Ú ±…B

|……i… …‰∂… M…™……ƒ 41,587.66 30,073.24 E÷Ú±… (1+2+3+4+5) 1,00,014.42 83,157.27

II … Æ˙∫…∆… k…™……ƒ - -1. M…ËÆ˙-S……±…⁄ … Æ˙∫…∆… k…™……ƒ - -

(¬EÚ) +S…±… … Æ˙∫…∆… k…™……ƒ - -(i) ®…⁄i…« … Æ˙∫…∆… k…™……ƒ 12,689.91 11,837.88(ii) +®…⁄i…« … Æ˙∫…∆… k…™……ƒ 806.69 121.83(iii) S……±…⁄ …⁄ƒV…“ EÚ…™…« 3,062.41 1,581.17

16,559.01 13,540.87(J…) M…ËÆ˙-S……±…⁄ x…¥…‰∂… 2.00 2.00(M…) +…∫l… M…i… EÚÆ˙ … Æ˙∫…∆… k…™……ƒ ( x…¥…±…) - -(P…) n˘“P…«EÚ… ±…EÚ @Òh… +…ËÆ˙ …‰∂… M…™……ƒ 54.72 65.98(RÛ) +x™… M…ËÆ˙-S……±…⁄ … Æ˙∫…∆… k…™……ƒ 1.16 2.32

E÷Ú±… (1) 57.88 70.302 S……±…⁄ … Æ˙∫…∆… k…™……ƒ - -

(EÚ) S……±…⁄ x…¥…‰∂… - -(J…) ¥…∫i…÷∫…⁄S…“ 7,434.83 5,741.79(M…) |……™… ¥™…………Æ˙ 24,424.70 22,702.72(P…) x…EÚn˘ B¥…∆ x…EÚn˘ i…÷±™… 1,436.80 5,142.23(c˜) +±…EÚ… ±…EÚ @Òh… +…ËÆ˙ …‰∂… M…™……ƒ 6,463.94 4,376.48(UÙ) +x™… S……±…⁄ … Æ˙∫…∆… k…™……ƒ 2,049.60 1,509.60

E÷Ú±… (2) 41,809.87 39,472.863 EÚ…Ïx]≈ı… E‰Ú +x…÷∫……Æ˙ x™……∫… E‰Ú +v…“x… Ω÷<« … Æ˙™……‰V…x……+…Â E‰Ú

±…B …‰∂… M…™……ƒ 41,587.66 30,073.24 E÷Ú±… (1+2+3) 1,00,014.42 83,157.27

GÚ®….∫…∆


CONSOLIDATED BALANCE SHEET AS ON 31st MARCH 2012-As per AS 27


New Delhi14/08/2012



Sl. Particulars 2011-12 2010-11No. (` in lacs) (` in lacs)

I. EQUITY AND LIABILITIES1. SHAREHOLDERS' FUNDS

(a) SHARE CAPITAL 1,553.50 1,553.50(b) RESERVES & SURPLUS 15,199.58 13,481.37

TOTAL (1) 16,753.08 15,034.872. Advance against Share Capital 2800.00 -3. NON-CURRENT LIABILITIES - -

(a) LONG-TERM BORROWINGS 2,049.98 2,370.81(b) DEFERRED TAX LIABILITES (NET) 391.77 384.32'(c) OTHER LONG TERM LIABILITIES - -(D) LONG-TERM PROVISIONS - -

TOTAL (3) 2,441.75 2,755.134. CURRENT LIABILITIES

(a) SHORT-TERM BORROWINGS 13,322.50 13,523.96(b) TRADE PAYABLES 7,937.38 8,319.99(c) OTHER CURRENT LIABILITIES 13,200.32 11,469.28(d) SHORT-TERM PROVISIONS 1,971.74 1,980.81

TOTAL (4) 36,431.94 35,294.045. Advance Received for Projects held under Trust

as per contra 41,587.66 30,073.24

TOTAL (1+2+3+4+5) 1,00,014.42 83,157.27

II. ASSETS - -1. NON-CURRENT ASSETS - -

(a) FIXED ASSETS - -i) TANGIBLE ASSETS 12,689.91 11,837.88ii) INTANGIBLE ASSETS 806.69 121.83iii) CAPITAL WORK-IN-PROGRESS 3,062.41 1,581.17

16559.01 13,540.87(b) NON-CURRENT INVESTMENTS 2.00 2.00(c) DEFERRED TAX ASSETS (NET) - -(d) LONG-TERM LOANS AND ADVANCES 54.72 65.98(e) OTHER NON-CURRENT ASSETS 1.16 2.32

TOtAL (1) 57.88 70.302. CURRENT ASSETS - -

(a) CURRENT INVESTMENTS - -(b) INVENTORIES 7,434.83 5,741.79(c) TRADE RECEIVABLES 24,424.70 22,702.77(d) CASH AND CASH EQUIVALENTS 1,436.80 5,142.23(e) SHORT-TERM LOANS AND ADVANCES 6,463.94 4,376.48(f) OTHER CURRENT ASSETS 2,049.60 1,509.60

TOTAL (2) 41,809.87 39,472.863. Advances received for Projects held under Trust as

per contra 41,587,66 30,073.24

TOTAL (1+2+3) 1,00,014.42 83,157.27

188 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

EÚ. ∫…i…i… |…S……±…x…1. |…S……±…x… ∫…‰ Æ˙…V…∫¥… (∫…EÚ±…) 61,285.92 53,668.67

x™…⁄x… : +i……n˘ ∂…÷±EÚ (152.61) (127.63)|…S……±…x… ∫…‰ Æ˙…V…∫¥… ( x…¥…±…) 61,133.31 53,541.04

2. +x™… +…™… 1,037.48 843.813. E÷Ú±… Æ˙…V…∫¥… (1+ 2) 62,170.79 54,384.854. ¥™…™… : - -

EÚ) |…™…÷HÚ ∫……®…O…“ EÚ“ ±……M…i… 13,971.02 13,801.69J…) ®……±… ¶…∆b˜…Æ˙ EÚ… GÚ™… 8,663.04 8,092.73M…) i…Ë™……Æ˙ ®……±…, EÚ…™…« |…M… i… +…ËÆ˙ ®……±… ∫]ı…ÏEÚÚ EÚ“ ¥…∫i…÷∫…⁄S…“ ®…Â … Æ˙¥…i…«x… (936.50) 7.86P…) EÚ®…«S……Æ˙“ °Ú…™…n˘… J…S…« 11,154.29 10,134.19RÛ) ¥…k… ±……M…i… 806.85 546.04S…) ®…⁄±™…ø…∫… +…ËÆ˙ … Æ˙∂……‰v…x… ¥™…™… 1,614.44 1,468.63UÙ) +x™… J…S…« 15,818.86 14,201.82V…) ‰EÚ… J…S…« 8,161.90 3,522.57

E÷Ú±… J…S…« 59,253.89 51,775.535. ¥… ∂…π]ı +…ËÆ˙ +∫……v……Æ˙h… ®…n˘ +…ËÆ˙ EÚÆ˙ E‰Ú …⁄¥…« ±……¶…/(Ω˛… x…) (3-4) 2,916.91 2,609.326. ¥… ∂…π]ı ®…nÂ˘ - -7. +∫……v……Æ˙h… ®…n˘ +…ËÆ˙ EÚÆ˙ E‰Ú …⁄¥…« ±……¶… (5-6) 2,916.91 2,609.328. +∫……v……Æ˙h… ®…nÂ˘ - -9. EÚÆ˙ E‰Ú …⁄¥…« ±……¶…/(Ω˛… x…) (7-8) 2,916.91 2,609.3210. EÚÆ˙ ¥™…™… - -

EÚ) S……±…⁄ EÚÆ˙ 986.86 882.13J…) +…∫l… M…i… EÚÆ˙ (2.66) 12.92M…) …UÙ±…‰ ∫……±……Â ∫…‰ ∫…∆§…∆ v…i… S……±…⁄ EÚÆ˙ ¥™…™… 13.07 -

11. ∫…i…i… |…S……±…x… EÚ“ +¥… v… ∫…‰ ±……¶…/(Ω˛… x…) 1,919.64 1,692.52(J…) ∫…®……i… Ω˛…‰ Æ˙Ω‰ |…S……±…x… - -12.i ∫…®……i… Ω˛…‰ Æ˙Ω‰ |…S……±…x… ∫…‰ ±……¶…/(Ω˛… x…) (EÚÆ˙ E‰Ú …⁄¥…«) (4.49) -12.ii ∫…∆… k… E‰Ú x……]ı…x…/n‰˘™…i……+…Â E‰Ú ¥™…¥…∫l………x… …Æ˙ ±……¶…/(Ω˛… x…) (2.87) -12.iiii V……‰b˜/(x™…⁄x…): ∫…®……i… Ω˛…‰ Æ˙Ω‰˛ |…S……±…x… E‰Ú EÚÆ˙ ¥™…™… - -

(EÚ) ∫…®……i… Ω˛…‰ Æ˙Ω‰˛ |…S……±…x……Â EÚ…‰ +…Æ˙…‰™… ∫……v……Æ˙h… M… i… ¥… v…™……ƒ - -(J…) ∫…∆… k… E‰Ú x……]ı…x…/n‰˘™…i……+…Â E‰Ú ¥™…¥…∫l………x… …Æ˙ ±……¶…/(Ω˛… x…) - -

13. ∫…®……i… Ω˛…‰ Æ˙Ω‰ |…S……±…x……Â ∫…‰ ±……¶…/(Ω˛… x…) (7.35) -(M…) +¥… v… E‰Ú ±…B ±……¶…/(Ω˛… x…) (11-13) 1,902.17 1,692.5214. |… i… ∫……®™…… ∂…‰™…Æ˙ EÚ… +V…«x… - -

EÚ) ®…⁄±… - -J…) Ω˛±EÚ… - -

®…∆b˜±… EÚ“ i…Æ˙°Ú ∫…‰ ∫…∆§…r˘ <∫…“ i……Æ˙“J… EÚ“ Ω˛®……Æ˙“ Æ˙……‰]«ı n‰˘J…Â*EfiÚi…‰ +x…i…˘x… Bhb˜ ∫…÷xn˘Æ˙®…

∫…x…n˘“ ±…‰J……EÚ…Æ°Ú®…« x…∆. 000148 B∫…˙


x…<« n˘±±…“14.08.2011

31 ®……S…«, 2012 EÚ…‰ ∫…®……i… ¥…π…« EÚ“ ±……¶…-Ω˛… x… EÚ… ∫…®…‰ EÚi… ¥…¥…Æ˙h… - B B∫… 27 E‰Ú +x…÷∫……Æ˙

GÚ®…. ¥…¥…Æ˙h… 2011-12 2010-11 ∫…∆ (` ±……J……Â ®…Â) (` ±……J……Â ®…Â)


CONSOLIDATED STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDED31ST MARCH 2012- As Per AS 27


New Delhi14.08.2012



S.N. PARTICULARS 2011-12 2010-11(` in Lakhs) (` in Lakhs)

A. CONTINUING OPERATIONS1. REVENUE FROM OPERATIONS (GROSS) 61,285.92 53,668.67

LESS: EXCISE DUTY (152.61) (127.63)REVENUE FROM OPERATIONS (NET) 61,133.31 53,541.04

2. OTHER INCOME 1,037.48 843.813. TOTAL REVENUE (1+2) 62,170.79 54,384.854. EXPENSES

(a) COST OF MATERIALS CONSUMED 13,971.02 13,801.69(b) PURCHASES OF STOCK-IN-TRADE 8,663.04 8,092.73(c) CHANGES IN INVENTORIES OF FINISHED GOODS,

WORK-IN-PROGRESS AND STOCK-IN-TRADE (936.50) 7.86(d) EMPLOYEE BENEFITS EXPENSES 11,154.29 10,134.19(e) FINANCE COSTS 806.85 546.04(f) DEPRECIATION AND AMORTISATION EXPENSE 1,614.44 1,468.63(g) OTHER EXPENSES 15,818.86 14,201.82(h) CONTRACT EXPENSES 8,161.90 3,522.57

TOTAL EXPENSES 59,253.89 51,775.535. PROFIT/(LOSS) BEFORE EXCEPTIONAL AND EXTRA ORDINARY

ITEMS AND TAX (3-4) 2,916.91 2,609.326. EXCEPTIONAL ITEMS - -7. PROFIT BEFORE EXTRA ORDINARY ITEMS AND TAX (5-6) 2,916.91 2,609.328. EXTRA ORDINARY ITEMS - -9. PROFIT / (LOSS) BEFORE TAX (7-8) 2,916.91 2,609.32

10. TAX EXPENSES :(a) CURRENT TAX 986.86 882.13(b) DEFERRED TAX (2.66) 12.92(c) CURRENT TAX EXPENSE RELATING TO PRIOR YEARS 13.07 -

11. PROFIT/ (LOSS) FOR THE PERIOD FROM CONTINUING OPERATIONS 1,919.64 1,692.52 B. DISCONTINUING OPERATIONS12.1 PROFIT / (LOSS)/ DISCONTINUING OPERATIONS (BEFORE TAX) (4.49) -12.II GAIN / (LOSS) ON DISPOSAL OF ASSETS/SETTLEMENT OF LIABILITIES (2.87) -12.III ADD/ (LESS): TAX EXPENSE OF DISCONTINUING OPERATIONS - -

(a) ON ORDINARY ACTIVITIES ATTRIBUTABLE TO THE DISCONTINUINGOPERATIONS - -

(b) ON GAIN / (LOSS) ON DISPOSAL OF ASSETS/SETTLEMENT OFLIABILITIES - -

13. PROFIT/ (LOSS) FROM DISCONTINUING OPERATIONS (7.35) -C PROFIT/ (LOSS FOR THE PERIOD (11-13) 1,902.17 1,692.52

14. EARNINGS PER EQUITY SHARE - -(a) BASIC - -(b) DILUTED - -

190 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

(EÚ) |…S……±…x… EÚ…™…«EÚ±…………Â ∫…‰ x…EÚn˘ |…¥……Ω˛

+∫……v……Æ˙h… ®…n˘ +…ËÆ˙ EÚÆ˙ E‰Ú …Ω˛±…‰ x…¥…±… ±……¶…/(Ω˛… x…) 2,904.50 2,598.45

∫…®……™……‰V…x… :

®…⁄±™…ø…∫… B¥…∆ … Æ˙∂……‰v…x… 1,599.72 1,460.55

+S…±… … Æ˙∫…∆… k…™……Â +…ËÆ˙ +®…⁄i……‰∆« EÚ“ Ω˛… x… E‰Ú ±…B |……¥…v……x… 14.07 14.07

+…∫l… M…i… EÚÆ˙ n‰˘™…i…… 10.88

§…GÚ“ …Æ˙ (±……¶…)/Ω˛… x…/… Æ˙∫…∆… k…™……ƒ §…^‰ı J……i…‰ b˜…±…x…… 11.71 (19.42)

¥…k… ±……M…i… 775.83 524.37

§™……V… +…™… (520.58) (129.16)

§…^‰ı J……i…‰ b˜…±…‰ M…B |……Æ∆˙ ¶…EÚ ¥™…™… 1.16 1.16

S……±…⁄ …⁄ƒV…“ … Æ˙¥…i…«x… E‰Ú …⁄¥…« |…S……±…x… ±……¶…/(Ω˛… x…) 4,786.40 4,460.88

S……±…⁄ …⁄ƒV…“ ®…Â … Æ˙¥…i…«x… :

|…S……±…x… … Æ˙∫…∆… k…™……Â ®…Â (¥…fi r˘)/EÚ®…“ E‰Ú ±…B ∫…®……™……‰V…x…

¥…∫i…÷∫…⁄S…“ (1,693.04) (417.60)

|……™… ¥…∫i…÷+…Â EÚ… ¥™…………Æ˙ (1,721.93) (5,704.64)

+±……¥… v…Ú @Òh… B¥…∆ …‰∂… M…™……ƒ (2,087.47) (4,461.06)

n˘˘“P……«¥… v…Ú @Òh… B¥…∆ …‰∂… M…™……ƒ 11.26 (2.87)

+x™… S……±…⁄ … Æ˙∫…∆… k…™……ƒ (540.00) (2,221.75)

|…S……±…x… n‰˘™…i……+…Â ®…Â ¥…fi r˘/(EÚ®…“) E‰Ú ±…B ∫…®……™……‰V…x…

n‰˘™… ¥™…………Æ˙ (382.61) 1,887.71

+x™… S……±…⁄ n‰˘™…i……Bƒ 1,046.22 2,752.75

+±……¥… v… |……¥…v……x… 113.18 569.38

|…S……±…x… ∫…‰ =i…z… Æ˙…‰EÚc˜ (468.00) (3,137.20)

x…¥…±… +…™… EÚÆ˙(|…n˘k…)/¥………∫…“ (520.00) (802.09)

|…S……±…x… EÚ…™…«EÚ±…………Â ∫…‰ |…™…÷HÚ (EÚ) x…¥…±… x…EÚn˘ |…¥……Ω (988.00) (3,939.29)

J…. x…¥…‰∂…“ EÚ…™…«EÚ±…………Â ∫…‰ x…EÚn˘ |…¥……Ω˛

S……±…⁄ …⁄ƒV…“ EÚ…™…« ®…Â |…M… i… (1,481.24) (1,350.76)

+S…±… … Æ˙∫…∆… k…™……Â EÚ“ J…Æ˙“n˘“ ∫…‰ |……Œi…™……ƒ (3,000.41) (953.88)

+S…±… … Æ˙∫…∆… k…™……Â EÚ“ §…GÚ“ ∫…‰ |……Œi…™……ƒ 7.50 83.23

|……i… §™……V… 520.58 129.16

§…ÈEÚ V…®……+…Â ®…Â x…¥…‰∂… (i…“x… ®…Ω˛“x……‰∆ ∫…‰ + v…EÚ ®…⁄±… … Æ˙…C¥…i…… ¥……±…‰) 3,110.56 (94.85)

x…¥…‰∂… EÚ…™…«EÚ±…………Â ∫…‰ (|…™…÷HÚ) / x…¥…±… x…EÚn˘ |…¥……Ω˛ (J…Ú) (843.01) (2,187.10)

M…. ¥…k… |…§…∆v… EÚ…™…«EÚ±…………Â ∫…‰ x…¥…±… x…EÚn˘ |…¥……Ω˛

n˘“P…«EÚ…±…“x… @Òh……‰∆ ∫…‰ |……Œi…™……ƒ (320.83) (285.19)

+x™… +±…EÚ…±…“x… @Òh……‰∆ ∫…‰ |……Œi…™……ƒ (201.47) 7,580.06

¥…k… ±……M…i… - |…n˘k… §™……V… (775.83) (524.37)

∂…‰™…Æ˙ +…¥…‰n˘x… EÚ“ |……Œi…™……ƒ 2,800.00 -

|…n˘k… ±……¶……∆∂… (233.03) (233.03)

±……¶……∆∂… …Æ˙ EÚÆ˙ (37.80) (39.60)

¥…k… EÚ…™…«EÚ±…………Â(|…™…÷HÚ)/∫…‰ x…¥…±… x…EÚn˘ |…¥……Ω ˛(M…) 1231.05 6,497.87

(` ±……J……Â ®…Â)(` ±……J……Â ®…Â)

¥…π…« 2011-12 E‰Ú ±…B ∫…®…‰ EÚi… x…EÚn˘ |…¥……Ω˛ ¥…¥…Æ˙h…˜ 2011 -12 2010 -11


CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR 2011-12



A. Cash flow from operating activities

Net Profit / (Loss) before extraordinary items and tax 2,904.50 2,598.45

Adjustments for :

Depreciation and amortisation 1,599.72 1,460.55

Provision for impairment of fixed assets and intangibles 14.07 14.07

Deferred Tax Liability - 10.88

Profit / Loss on sale / write off of assets 11.71 (19.42)

Finance costs 775.83 524.37

Interest income (520.58) (129.16)

Preliminary expenses written off 1.16 1.16

Operating profit/(Loss) before working capital changes 4,786.40 4,460.88

Changes in workng capital :

Adjustment for (increase/(decrease) in operating assets :

Inventories (1,693.04) (417.60)

Trade receivables (1,721.93) (5,704.64)

Short-term loans and advances (2,087.47) (4,461.06)

Long-term loans and advances 11.26 (2.87)

Other current assets (540.00) (2,221.75)

Adjustment for increase/(decrease) in operating liabilities :

Trade payables (382.61) 1,887.71

Other current liabilities 1,046.22 2,752.75

Short-term provisions 113.18 569.38

Cash generated from operations (468.00) (3,137.20)

Net Income tax (paid)/refunds (520.00) (802.09)

Net cash flow from/(used in) operating activities (A) (988.00) (3,939.29)

B. Cash flow from investing activities

Capital Work in Progress (1,481.24) (1,350.76)

Proceeds from purchase of fixed assets (3,000.41) (953.88)

Proceeds from sale of fixed assets 7.50 83.23

Interest received 520.58 129.16

Investments in bank deposits (having original maturity of more

than three months) 3,110.56 (94.85)

Net cash flow from/(used in) investing activities (B) (843.01) (2,187.10)

C. Cash flow from financing activities

Proceeds from long-term borrowings (320.83) (285.19)

Proceeds from other short-term borrowings (201.47) 7,580.06

Finance cost - Interest paid (775.83) (524.37)

Issue Proceeds of Share Application 2,800.00 -

Dividend paid (233.03) (233.03)

Tax on dividend (37.80) (39.60)

Net Cash flow from/(used in) financing activities (C) 1,231.05 6,497.87

192 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012


∫…x…n˘“ ±…‰J……EÚ…Æ°Ú®…« x…∆. 000148 B∫…˙


x…<« n˘±±…“14.08.2011

x…EÚn˘ B¥…∆ x…EÚn˘ i…÷±™……∆EÚ ®…Â x…¥…±… ¥…fi r˘/(EÚ®…“) (EÚ)+(J…)+(M…) (599.96) 371.48

¥…π…« E‰Ú +…Æ∆˙¶… ®…Â x…EÚn˘ B¥…∆ x…EÚn˘ i…÷±™……∆EÚ 1119.06 789.48

x…EÚn B¥…∆ x…EÚn˘ i…÷±™……∆EÚ ¥…n‰˘∂…“ ®…÷p˘… E‰Ú …÷x…Ã¥…¥…Æ˙h… …Æ˙ ¥… x…®…™… EÚ… |…¶……¥… - -

¥…π…« E‰Ú +∆i… ®…Â x…EÚn˘ B¥…∆ x…EÚn˘ i…÷±™……∆EÚ 519.10 1,160.96

i…÷±…x… …j… E‰Ú ∫……l… x…EÚn B¥…∆ x…EÚn˘ i…÷±™……∆E EÚ… ®…±……x…

i…÷±…x… …j… E‰Ú +x…÷∫……Æ˙ x…EÚn B¥…∆ x…EÚn˘ i…÷±™……∆E 1436.80 5,142.23

x™…⁄x… : B B∫… 3 x…EÚn˘ |…¥……Ω˛ ¥…¥…Æ˙h… ®…Â … Æ˙¶…… π…i… V…Ë∫…‰ §…ÈEÚ x…EÚn˘ +…ËÆ˙

x…EÚn˘ ∫…®…i…÷±™……∆EÚ E‰Ú ∞¸… ®…Â ¥…S……Æ˙ x…Ω˛” EÚ™…… M…™…… ΩË˛* 912.61 4,023.17

]ı…h…“ 18 ®…Â ∂…… ®…±… EÚB M…B x…¥…±… x…EÚn˘ B¥…∆ x…EÚn˘ i…÷±™……∆EÚ

(B B∫… 3 x…EÚn˘ |…¥……Ω˛ ¥…¥…Æ˙h… ®…Â x…¥…« S…i… V…Ë∫…‰) 524.18 1,119.06

¥…π…« E‰Ú +∆i… ®…Â x…EÚn˘ B¥…∆ x…EÚn˘ i…÷±™……∆EÚ

*∫…Œ®®… ±…i… ΩË

(EÚ) Ω˛…l… ®…Â x…EÚn˘ 21.18 67.12

(J…) Ω˛…l… ®…Â S…ËEÚ/b≈˜…]ı - -

(M…) §…ÈEÚ…Â E‰Ú ∫……l… ∂…‰π… - -

˛ (i) S……±…⁄ J……i…‰ ®…Â 462.64 1,011.80

(ii) <« <« B°Ú ∫…“ J……i…‰ ®…Â 40.36 40.14

524.18 1,119.06

]ıı…h…“ :

1) =…™…÷«HÚ x…EÚn˘“ |…¥……Ω˛ ¥…¥…Æ˙h… ¶……Æ˙i… E‰Ú ∫…x…n˘“ ±…‰J……EÚ…Æ˙…Â E‰Ú ∫…∆∫l……x… u˘…Æ˙… B B∫… 3 ®…Â |……Æ∆˙ ¶…i… …Æ˙…‰I… |…h……±…“ E‰Ú +v…“x… i…Ë™……Æ˙ EÚ™…… M…™…… ΩË˛*

2) <∫… ¥…π…« EÚ…‰ +x…÷E⁄Ú±… EÚÆ˙ n‰˘x…‰ EÚ“ +…‰Æ˙ V…Ω˛…ƒ EÚΩ˛” +…¥…∂™…EÚ ΩË˛, …UÙ±…‰ ¥…π…« E‰Ú +…ƒEÚb‰˜ EÚ…‰ …÷x…¥…«M…‘EfiÚi… EÚ™…… M…™…… ΩË˛*

3) x™……∫… +…ËÆ˙ ∂…‰π… E‰Ú +v…“x… ` 41587.66 ±……J… (M…i… ¥…π…« ` 30073.24 ±……J…) EÚ“ … Æ˙™……‰V…x…… x… v… E‰Ú ±…‰x…-n‰˘x… x…EÚn˘“|…¥……Ω˛ ®…Â ∂…… ®…±… x…Ω˛” EÚB M…B ΩË˛*

¥…¥…Æ˙h…˜ 2011 -12 2010 -11

` ±……J……Â ®…Â ` ±……J……Â ®…Â


Net increase/(decrease) in cash and cash equivalents (A+B+C) (599.96) 371.48

Cash and cash equivalents at the beginning of the year 1,119.06 789.48

Effect of exchange differences on restatement of foreign currency

cash and cash equivalents - -

Cash and cash equivalents at the end of the year 519.10 1,160.96

Reconciliation of cash and cash equivalents with the Balancesheet :

Cash and cash equivalents as per Balance Sheet 1,436.80 5,142.23

Less : Bank balances not considered as cash and cash

equivalents as defined in AS 3 Cash Flow Statements 912.61 4,023.17

Net Cash and cash equivalents (as defined in AS 3 Cash Flow

Statements) included in Note 18 524.18 1,119.06

Cash and cash equivalents at the end of the year*

* Comprises

(a) Cash on hand 21.18 67.12

(b) Cheques, drafts on hand - -

(c) Balances with banks



524.18 1,119.06




New Delhi14.08.2012

Notes :

1 The above Cash Flow Statement has been prepared under the indirect method set out in the AS - 3issued by the Institute of Chartered Accountants of India.

2 The previous year’s figures have been re-grouped whereever necessary in order to conform to thisyear’s presentation.

3 Transactions of project funds held under Trust and balance of ` 41,587.66 lacs (previous year` 30,073.24 lacs) are not included in the Cashflow.

Particulars 2011-12 2010-11(` in lacs) (` in lacs)

194 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

…∆V…“EfiÚi… B¥…∆ x…M… ®…i… EÚ…™……«±…™…

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜…∆V…“EfiÚi… B¥…∆ x…M… ®…i… EÚ…™……«±…™…BS…B±…B±… ¶…¥…x…, …⁄V……÷Æ˙…, i…Ø˚¥…x…∆i……÷Æ˙®…E‰ÚÆ˙±…, <Œxb˜™…… 695 012n⁄Æ˙¶……π… ∫…∆. : 91-0471-2354949 (5 ±……<x…)i……Æ˙ : Æ˙…‰±…Ë]‰ıC∫…°ËÚC∫… ∫…∆. : 91-471-2356739<«-®…Ë±… : [email protected]

¥…‰§…∫……<]ı : www.lifecarehll.com

°ËÚC]ıÆ˙“

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜…‰∞¸Æ˙EÚc˜… °ËÚC]ıÆ˙“…‰∞¸Æ˙EÚc˜… i…Ø˚¥…x…∆i……÷Æ˙®… - 695 005n⁄Æ˙¶……π… ∫…∆. : 91-471-2437270/2433602/2433459/ 2432880/2432292°ËÚC∫… ∫…∆. : 91-0471-2435013

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜+…CE÷Ú±…®… °ËÚC]ıÆ˙“+…CE÷Ú±…®…, i…Ø˚¥…x…∆i……÷Æ˙®… -695 017n⁄Æ˙¶……π… : 0471-2441384,2442641, 2442642, 2442692, 2442697°ËÚC∫… ∫…∆. : 0471-241383

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜˜EÚx…M…±…… °ËÚC]ıÆ˙“, §…‰±…M……®…EÚx…M…±……, §…‰±…M……®… -591 225n⁄Æ˙¶……π… ∫…∆. : 08333-279206, 279207, 279244, 279245, 279239°ËÚC∫… ∫…∆. : 08333-321443

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜˜EÚ…‰ S…x… ∫…‰∂…±… <EÚh……‰ ®…EÚ W……‰x… b˜ ¥…W…x…±……Ï]ı x…∆. 16 B/1EÚ…CEÚx……c˜, EÚ…‰ S…x… - 682 037n⁄Æ˙¶……π… ∫…∆. : 0484 - 2413332, 2413293°ËÚC∫… ∫…∆. : 0484-2413293

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜˜®…x…‰∫…Æ˙ ™…⁄ x…]ı±……Ï]ı x…∆. 71, ∫…‰C]ıÆ˙ 7,M…÷b˜M……¥…, Ω˛ Æ˙™……x…… - 122 051n⁄Æ˙¶……π… ∫…∆. : 0124- 4030949°ËÚC∫… ∫…∆. : 0124 - 4030949<«-®…Ë±… : [email protected]

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜˜M…V…¥……±… ™…⁄ x…]ı∫…¥…Ê x…∆.1005 B,M…V…¥……±… V…±…… : ®…‰b˜˜EÚ, +…. |… …x… - 502 278

BS…B±…B±… <∆n˘…ËÆ˙ ∫…∆™…∆j…∫…‰C]ıÆ˙ - <«, ∫……x…¥…Æ Æ˙…‰c˜+…Ët…‰ M…EÚ I…‰j…,<∆n˘…ËÆ - ®….|…˙˙n⁄Æ˙¶……π… ∫…∆. (0731) 3259458/4011740

I…‰j…“™… EÚ…™……«±…™… :

x……‰Bb˜… ¥……h…x… EÚ…™……«±…™… :BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb˜˜˜x…∆. §…“-14B, ∫…‰C]ıÆ˙ - 62,x……‰Bb˜… (=.|…) - 201 301n⁄Æ˙¶……π… ∫…∆. :0120-4071500°ËÚC∫… ∫…∆. : 0120-4071513/4071627

EÚ…‰±…EÚ…k……

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb∫™…⁄]ı x…. 901, 9 ¥……ƒ i…±…,EfiÚπh…… §…œ±b˜M…,224 B, B.V…‰.∫…“. §……‰∫… Æ˙…‰b˜EÚ…‰±…EÚ…k……-700 017…Œ∂S…®… §…∆M……±…


REGISTERED & CORPORATE OFFICE

HLL Lifecare LimitedRegistered & Corporate OfficeHLL Bhavan, PoojappuraThiruvananthapuramKerala, India 695 012Tele: 91-471-2354949 ( 5 lines)Grams ROLATEXFax 91-471-2356739E mail : enquiry@ lifecarehll.comWebsite: www.lifecarehll.com

FACTORIES

HLL Lifecare LimitedPeroorkada FactoryPeroorkada.Thiruvananthapuram 695 005Tel: 91-471-2437270/2433602/2433459/2432880/2432292Fax: 91-471-2435013

HLL Lifecare LimitedAkkulam FactoryAkkulam, Thiruvananthapuram-695017Tel : 91-471 - 2441384, 2442641, 2442642,2442692, 2442697Fax : 91-471-241383

HLL Lifecare LimitedKanagala Factory, BelgaumKanagala, Belgaum – 591225Tele: 08333-279206, 279207, 279244,279245, 279239Fax : 08333-321443

HLL Lifecare LimitedCochin Special Economic Zone Division,Plot No.16A/1Kakkanad, Cochin – 682 037Tele: 0484 – 2413332,2413293Fax: 0484 - 2413293

HLL Lifecare LimitedManesar UnitPlot No.71, Sector 7Gurgaon, Haryana - 122050Tel.No.0124 – 4030949Fax No.0124– 4030949

HLL Lifecare LimitedGajewal UnitSurvey No.1005A, Vill: &Mdl: GajewalDist: MEDAK, A.P.Pin – 502 278

HLL Indore Plant,Sector-E, Sanver RoadIndustrial AreaIndore - M.P.Tel: (0731) 3259458 / 4011740

REGIONAL OFFICE:

NOIDA

Marketing office:HLL Lifecare LimitedNo.B-14A, Sector-620120-4071609 (Mktg.)Noida (U.P.) – 201 301Tel: 0120-4071500Fax No. 0120-4071513/4071627

KOLKATTAHLL Lifecare Limited,Suite No: 901, 9th FloorKrishna Building,224A, A.J.C.Bose RoadKolkata - 700017West BengalTel: 033 22905275/74

196 ¥……Ãπ…EÚ |… i…¥…‰n˘x… 2011-2012

®…÷®§…<«

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb401/402, S……Ël…… i…±…,∂…§…Æ˙“ ∫…®…fi r˘ §…œ±b˜M…,®…Ëj…“ ……E«Ú E‰Ú …“U‰Ù, B∫….]ı“.∫]ı…x]ı, ∫…™……‰x…, ]≈ı…Â§…‰ Æ˙…‰c˜,S…‰®§…⁄Æ˙, ®…÷®§…<« - 400 071.n⁄Æ˙¶……π… ∫…∆. : 022-25209951, 022-67715000/01°ËÚC∫… ∫…∆. : 022-25209950<«-®…Ë±… : [email protected]

S…‰z…Ë

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıbEÂÚp˘“™… ¥……h…x… EÚ…™……«±…™… (∫…“ §…“ b˜“/BS… ∫…“ b˜“)x…∆. 185, ±……Ï]ı x…∆0 1, À±…M……¥…±… ]ı¥…Æ˙,100 °Ú“]ı §…Ë ……∫… Æ˙…‰c˜, ¥…V…™…… x…M…Æ˙,¥…‰±……S…‰Æ˙“, S…‰z…Ë - 600 042n⁄Æ˙¶……π… ∫…∆.: 044 - 22453478/22551860/ 22551868/22441727°ËÚC∫… ∫…∆. : 044-22550764<«-®…Ë±… : [email protected]

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb (b˜Œ§±…™…÷ BS… b˜“)x…∆. 12, 100 °Ú“] Æ˙…‰c˜,¥…‰±……S…‰Æ˙“ i……Æ˙…®… h… Æ˙…‰c˜,EËÚx…Æ˙… §…ÈEÚ E‰Ú ……∫…, ¥…‰±……S…‰Æ˙“,S…‰z…Ë - 600 042.n⁄Æ˙¶……π… ∫…∆. : 044 - 22435604, 22435607, 22433306

§…ÈM…±…⁄Æ˙

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb# 2, 4 ¥……ƒ GÚ…Ï∫…BC∫…-∫…¥…‘∫…®…‰x… EÚ…Ï±…x…“,§……x…∫…¥……b˜“,§…ÈM…±…⁄Æ˙ - 560 043n⁄Æ˙¶……π… : 080 - 25424530°ËÚC∫… ∫…∆. : 080 - 25424531

ΩËn˘Æ˙…§……n˘

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb,3-5-816, ¥…“h…… v……Æ˙“ EÚ…Ï®±…‰C∫…,4¥……ƒ i…±…, ÀEÚRÛ EÚ…‰i…“ Æ˙…‰b˜,ΩËn˘Æ˙M…÷b˜…, ΩËn˘Æ˙…§……n˘ - 560029n⁄Æ˙¶……π… & °ËÚC∫… ∫…∆. : 040-23210041

±…J…x……>

BS…B±…B±… ±……<¢ÚE‰Ú™…Æ˙ ±… ®…]‰ıb9/316, ¥…EÚ…∫… x…M…Æ˙±…J…x……> - 226 022n⁄Æ˙¶……π… ∫…∆. : 0522 - 2330945, 2320592°ËÚC∫… ∫…∆. : 0522- 2738947/2330945<«-®…Ë±… : [email protected]


MUMBAI

HLL Lifecare Limited401/402, 4th FloorSabari Samriddhi BuildingBehind Maitri Park, S.T. StandE-Mail: [email protected] Trombay RoadChembur, Mumbai – 400071.Tel: 022-25209951022 -67715000/01Fax No. 022-25209950

CHENNAI

HLL Lifecare Limited (CBD/HCD)No.185, Plot No.1, Lingavel tower100 ft. Bye Pass Road, VijayanagarVelacheryChennai – 600 042.Tel: 044-22453478/22551860/22551868/22441727Fax No. 044-22550764E-mail: [email protected]

HLL Lifecare Limited (WHD)No.12, 100 Feet Road,Velacherry Taramani Road,Near Canara Bank, Velacherry,Chennai –600042Phone : 044 -22435604, 22435607,22433306

BANGALORE

HLL Lifecare Limited#2, 4th CrossEx-Servicemen ColonyBanaswadiBangalore- 560 043Phone:080 25424530Fax ; 080 25424531

HYDERABAD

HLL Lifecare Limited3-5-816,Veena Dhari Complex,4th Floor, King Koti Road,Hyderguda, Hyderabad - 560029.Phone & Fax No.040-23210041

LUCKNOW

HLL Lifecare Limited,9/316, Vikas NagarFax: 0522-2738947/2330945Lucknow-226 022.Phone No: 0522-2330945, 2320592E-mail: [email protected]

¥…π…™… - ∫…⁄S…“ - HLL Lifecare Limited

Documents

Transcript of ¥…π…™… - ∫…⁄S…“ - HLL Lifecare Limited