MIRA INFORM REPORT

 

 

Report Date :

03.06.2011

 

IDENTIFICATION DETAILS

 

Name :

FEDDERS LLOYD CORPORATION LIMITED

 

 

Registered Office :

C-4, Phase – II, Noida, District Gautam Budh Nagar – 201305, Uttar Pradesh

 

 

Country :

India

 

 

Financials (as on) :

30.06.2010

 

 

Date of Incorporation :

16.01.1957

 

 

Com. Reg. No.:

021118

 

 

Paid-up Capital :

Rs. 307.697 Millions

 

 

CIN No.:

[Company Identification No.]

L29299UP1957PLC021118

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

DELF00021A

 

 

Legal Form :

Public Limited Liability Company. Company's Shares are Listed on the Stocks Exchange

 

 

Line of Business :

The company is engaged in manufacturing of Air conditioners and Refrigerators.

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

A (68)

 

RATING

STATUS

PROPOSED CREDIT LINE

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

 

Maximum Credit Limit :

USD 7000000

 

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

Comments :

Subject is a well established and a reputed company having fine track. Financial position of the company appears to be sound. Trade relations are reported as fair. Business is active. Payments are reported to be regular and as per commitments.

 

The company can be considered normal for business dealings at usual trade terms and conditions.

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – June 30, 2010

 

Country Name

Previous Rating

(01.04.2010)

Current Rating

(30.06.2010)

India

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

LOCATIONS

 

Registered Office/

Factory 1 :

C-4, Phase – II, Noida, District Gautam Budh Nagar – 201305, Uttar Pradesh, India

Tel. No.:

91-120-2563031-33 / 2567945 / 2567946

Fax No.:

91-120-2562632

E-Mail :

lloydac@indiatimes.com

investor.relations@fedderslloyd.com

Website :

www.fedderslloyd.com

 

 

Head Office :

M-13A, Connaught Place, New Delhi - 110 001, India

 

 

Corporate Office 1 :

159, Okhala Industrial Estate, Phase- III, New Delhi- 110020, India

Tel. No.:

91-11-41609457 / 58/ 59/40627200-300

Fax No.:

91-11-41609909

 

 

Corporate Office 2 :

Plot No.2, Industrial Area, Kalkaji, New Delhi-110019, India

Tel. No.:

91-11-47100666

 

 

Factory/ plant 2 :

Saketi Road Industrial Area Kala-Amb, Tehsil Nahan District Sirmor, Himachal Pradesh, India

 

 

Factory/ plant 3 :

Plot No. 24, Sector 2, IIE Pantnagar Udham Singh Nagar Di, Uttaranchal, India

 

 

Factory/ plant 4 :

Shed No. 77, Annai Anjugam Nagar, Kundrathur-Somangallam Road, Nandapakkam, Village Chennai (Madras)-600069, Tamilnadu, India

 

 

Factory/ plant 5 :

Plot No.5, Industrial Area, Sikandarabad, Buldandshar District, Uttar Pradesh, India

 

 

Zonal Offices :

Located At:-

  • New Delhi
  • Mumbai
  • Hyderabad
  • kolkatta

 

 

Branches :

Located At :-

  • Ahmedabad
  • Bhopal
  • Chandigarh
  • Chennai
  • Kochi
  • Ghaziabad
  • Jaipur
  • lucknow

 

 

DIRECTORS

 

As On 30.06.2010

 

Name :

Mr. Brij Raj Punj

Designation :

Chairman and Managing Director

Date of Birth/Age :

65 years

Qualification :

B.E

Experience :

39 Years

Date of Appointment :

02.06.1980

 

 

Name :

Mr. Sham Sunder Kumar

Designation :

Whole Time Director

Date of Birth/Age :

55 Years

Qualification :

MBA

Experience :

37 Years

Date of Appointment :

Western Foods Limited

 

 

Name :

Mr. Tulsi Vansh Prakash Punj

Designation :

Executive Director

 

 

Name :

Mr. Krishan Lall

Designation :

Director

 

 

Name :

A.V.M. Surjit Krishan Sharma (Retd.)

Designation :

Executive Director

 

 

Name :

Mr. Ajay Dogra

Designation :

Executive Director

 

 

KEY EXECUTIVES

 

Name :

Ms. Purnima Sharma

Designation :

Company Secretary

 

 

Name :

Mr. Sushil Vij

Designation :

Sr.Vice President (Corporate Stretegy and Finance)

Date of Birth/Age :

48 years

Qualification :

B.Com (H), CA

Experience :

24 years

Date of Appointment :

08.06.2009

Last Employment :

Hanung Toys and Textiles Limited

 

 

Name :

Mr. Arun Paliwal

Designation :

Vice President

Date of Birth/Age :

47 Years

Qualification :

BSC, LLB, FCS

Experience :

22 years

Date of Appointment :

01.09.2006

Last Employment :

Fedders Lloyd Corporation Limited

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

As on 31.03.2011

 

Names of Shareholders

No. of Shares

Percentage of Holding

(A) Shareholding of Promoter and Promoter Group

 

 

(1) Indian

 

 

Individuals / Hindu Undivided Family

3,296,819

10.71

Bodies Corporate

8,355,317

27.15

Sub Total

11,652,136

37.87

(2) Foreign

 

 

Total shareholding of Promoter and Promoter Group (A)

11,652,136

37.87

(B) Public Shareholding

 

 

(1) Institutions

 

 

Financial Institutions / Banks

1,000

-

Foreign Institutional Investors

8,749,012

28.43

Sub Total

8,750,012

28.44

(2) Non-Institutions