MIRA INFORM REPORT

Report Date :

17.09.2012

IDENTIFICATION DETAILS

Name :	T.V. SUNDRAM IYENGAR AND SONS LIMITED
Registered Office :	TVS Building, 7-B, West Veli Street, Madurai – 625001, Tamilnadu
Country :	India
Financials (as on) :	31.03.2011
Date of Incorporation :	11.10.1929
Com. Reg. No.:	18-2973
Capital Investment / Paid-up Capital :	Rs.114.400 Millions
CIN No.: [Company Identification No.]	U34101TN1929PLC002973
PAN No.: [Permanent Account No.]	AABCT0159K
Legal Form :	A Closely held Public Limited Liability Company
Line of Business :	Dealers in Automobile Vehicles, Spare Parts and Accessories and Petroleum Products/ Lubricants.
No. of Employees :	6000 (Approximately)

RATING & COMMENTS

MIRA’s Rating :

Aa (78)

RATING		STATUS	PROPOSED CREDIT LINE
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large

Maximum Credit Limit :	USD 17000000
Status :	Good
Payment Behaviour :	Regular
Litigation :	Clear
Comments :	Subject is a well – established and a reputed company of T.V.S group a trusted and reliable industrial house of southern India. Financial position of the company appears to be sound. Directors are experienced, respectable and resourceful businessmen. 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. It can be regarded as a promising business partner in medium to long run.

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, 2012

Country Name	Previous Rating (31.03.2012)	Current Rating (30.06.2012)
India	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

INDIAN ECONOMIC OVERVIEW

India is developing into an open-market economy, yet traces of its past autarkic policies remain. Economic liberalization, including industrial deregulation, privatization of state-owned enterprises, and reduced controls on foreign trade and investment, began in the early 1990s and has served to accelerate the country's growth, which has averaged more than 7% per year since 1997. India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of services. Slightly more than half of the work force is in agriculture, but services are the major source of economic growth, accounting for more than half of India's output, with only one-third of its labor force. India has capitalized on its large educated English-speaking population to become a major exporter of information technology services and software workers. In 2010, the Indian economy rebounded robustly from the global financial crisis - in large part because of strong domestic demand - and growth exceeded 8% year-on-year in real terms. However, India's economic growth in 2011 slowed because of persistently high inflation and interest rates and little progress on economic reforms. High international crude prices have exacerbated the government's fuel subsidy expenditures contributing to a higher fiscal deficit, and a worsening current account deficit. Little economic reform took place in 2011 largely due to corruption scandals that have slowed legislative work. India's medium-term growth outlook is positive due to a young population and corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy. India has many long-term challenges that it has not yet fully addressed, including widespread poverty, inadequate physical and social infrastructure, limited non-agricultural employment opportunities, scarce access to quality basic and higher education, and accommodating rural-to-urban migration.

Source : CIA

RBI DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2012.

LOCATIONS

Registered/ Corporate Office :	TVS Building, 7-B, West Veli Street, Madurai – 625001, Tamilnadu, India
Tel. No.:	91-452-4356400
Fax No.:	91-452-2341587
E-Mail :	tvsco@vsnl.com tvsco@tvssons.com b.ganapathisarma@tvssons.com bgsarma@tvs.in
Website :	http://www.tvsiyengar.com
Chennai Office :	58, Eldams Road, Teynampet, Chennai – 600018, Tamilnadu, India
Tel. No.:	91 44 66793222
Fax No.:	91 44 66793035
TVS Division:	Located At: Madurai Tirunelveli Tiruchirapalli Pudukottai Salem Coimbatore Dharmapuri Villupuram Namakkal Thiruvananthapuram Ernakulam Kottayam Kannur Kozhikode Kollam Palakkad Thrissur Malappuram Pondicherry Indore Bhopal Rewa Ratlam Gwalior Raipur Jabalpur Kanpur Lucknow Bareilly Haldwani Meerut Bangalore
Sundaram Motors Division:	Located At: Chennai Poonamallee Vellore Bangalore Shimoga Mysore Mangalore Hubli Gulbarga Belgaum Bellary Yeshwantpur Secunderabad Visakhapatnam Vijayawada Nellore Kakinada Cuddapah Hyderabad Pondicherry Ponda (Goa) Kolhapur Pune Mumbai Nagpur Cuttack Berhampur Ahmedabad
Madras Auto Services Division:	Located At: Chennai Salem Coimbatore Erode Vellore Tiruchirapalli Bangalore Shimoga Mysore Hubli Mangalore Bellary Belagum Margoa Visakhapatnam Kurnool Nellore Hyderabad Rajahmundry Ernakulam Kottayam Kannur Kozhikode Thrissur Kolhapur Pune Nagpur Aurangabad Bhopal Raipur Indore

DIRECTORS

AS ON 29.09.2011

Name :

Mr. Suresh Krishna

Designation :

Director

Address :

79, Poes Garden, Chennai – 600 086, Tamilnadu, India

Date of Birth/Age :

24.12.1936

Date of Appointment :

25.12.1970

DIN No.:

00046919

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	L35999TN1962PLC004943	SUNDRAM FASTENERS LIMITED	Managing director	1/7/2011	26/08/1964	-	Active	NO
2	U34101TN1929PLC002973	T.V. SUNDRAM IYENGAR AND SONS LIMITED	Director	25/12/1970	25/12/1970	-	Active	NO
3	U27209TN1962PLC004760	TVS SEWING NEEDLES LIMITED	Director	26/06/1975	26/06/1975	-	Active	NO
4	U35999TN1961PLC004678	LUCAS TVS LIMITED	Director	2/2/1979	2/2/1979	-	Active	NO
5	L35999TN1962PLC004792	SUNDARAM -CLAYTON LIMITED	Director	23/07/2008	23/05/1979	-	Active	NO
6	L27100MH1907PLC000260	TATA STEEL LIMITED	Director	2/3/1994	2/3/1994	24/12/2011	Active	NO
7	U40108TN1994PLC029132	SUNDRAM NON-CONVENTIONAL ENERGY SYSTEMS LIMITED	Director	4/11/1994	4/11/1994	-	Active	NO
8	U63011TN2004PLC054655	TVS LOGISTICS SERVICES LIMITED	Director	16/11/2004	16/11/2004	-	Active	NO
9	U65991TN1992PLC022619	UPASANA ENGINEERING LIMITED	Director	20/08/2008	16/04/2008	-	Active	NO

Name :

Mr. Krishna Ramesh

Designation :

Director

Address :

No. 18, Jawahar Raod, Chkkikulam, Madurai – 625 002, Tamilnadu, India

Date of Birth/Age :

17.02.1939

Date of Appointment :

25.12.1970

DIN No.:

00556922

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U34101TN1929PLC002973	T.V. SUNDRAM IYENGAR AND SONS LIMITED	Director	25/12/1970	25/12/1970	Active	NO
2	L35999TN1962PLC004943	SUNDRAM FASTENERS LIMITED	Director	21/12/1971	21/12/1971	Active	NO
3	U27209TN1962PLC004760	TVS SEWING NEEDLES LIMITED	Director	6/3/1972	6/3/1972	Active	NO
4	U65991TN1943PLC002656	SUNDARAM INDUSTRIES LIMITED	Director	14/06/1972	14/06/1972	Active	NO
5	U60221TN1946PLC002582	SOUTHERN ROADWAYS LIMITED	Managing director	23/04/2010	27/09/1975	Active	NO
6	L34300TN1974PLC006703	SUNDARAM BRAKE LININGS LIMITED	Director	16/11/1982	16/11/1982	Active	NO
7	U17111TN1960PLC004340	SUNDARAM TEXTILES LIMITED	Director	27/08/2004	27/08/2004	Active	NO

Name :

Mr. Santhanam Ram

Designation :

Director

Address :

Old No. 29, New No. 57, Prithvi Avenue, Chennai – 600 018, Tamilnadu, India

Date of Birth/Age :

27.04.1940

Date of Appointment :

25.12.1970

DIN No.:

00018309

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U34101TN1929PLC002973	T.V. SUNDRAM IYENGAR AND SONS LIMITED	Director	25/12/1970	25/12/1970	Active	NO
2	U65991TN1943PLC002656	SUNDARAM INDUSTRIES LIMITED	Director	14/06/1972	14/06/1972	Active	NO
3	L35921TN1960PLC004175	WHEELS INDIA LIMITED	Whole-time director	1/5/2010	28/05/1974	Active	NO
4	U60221TN1946PLC002582	SOUTHERN ROADWAYS LIMITED	Director	24/04/1975	24/04/1975	Active	NO
5	U27209TN1981PLC008630	AXLES INDIA LIMITED	Managing director	15/11/2008	18/02/1981	Active	NO
6	L65191TN1954PLC002429	SUNDARAM FINANCE LIMITED	Director	27/09/1988	27/09/1988	Active	NO
7	U35202TN1998PLC041466	IRIZAR TVS LIMITED	Director	5/2/2001	5/2/2001	Active	NO
8	U63011TN2004PLC054655	TVS LOGISTICS SERVICES LIMITED	Director	16/11/2004	16/11/2004	Active	NO
9	L65991TN1954PLC000958	INDIA MOTOR PARTS AND ACCESSORIES LIMITED	Director	24/01/2006	24/01/2006	Active	NO

Name :

Mr. Krishna Mahesh

Designation :

Director

Address :

New no. 81, old No. 39, First Main Road, Raja Annamali Puram, Chennai – 600 028, Tamilnadu, India

Date of Birth/Age :

11.10.1943

Date of Appointment :

30.08.1976

DIN No.:

00051438

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U60221TN1946PLC002582	SOUTHERN ROADWAYS LIMITED	Director	29/01/1975	29/01/1975	Active	NO
2	L34300TN1974PLC006703	SUNDARAM BRAKE LININGS LIMITED	Managing director	23/04/1975	23/04/1975	Active	NO
3	L35999TN1962PLC004792	SUNDARAM -CLAYTON LIMITED	Director	28/07/1975	28/07/1975	Active	NO
4	U34101TN1929PLC002973	T.V. SUNDRAM IYENGAR AND SONS LIMITED	Whole-time director	23/09/2010	30/08/1976	Active	NO
5	U65991TN1943PLC002656	SUNDARAM INDUSTRIES LIMITED	Director	30/11/1978	30/11/1978	Active	NO
6	U29309TN1997PTC038164	TVS GLOBAL TRADE PRIVATE LIMITED	Director	13/05/1997	13/05/1997	Active	NO
7	U17111TN1960PLC004340	SUNDARAM TEXTILES LIMITED	Director	28/09/2006	28/09/2006	Active	NO

Name :

Mr. Santhanam Viji

Designation :

Director

Address :

Old No. 33, New No. 71, poes Garden, Chennai – 600 086, Tamilnadu, India

Date of Birth/Age :

07.06.1946

Date of Appointment :

30.08.1976

DIN No.:

00139043

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U35999TN1962PLC004928	BRAKES INDIA LIMITED	Managing director	1/4/2010	2/10/1975	-	Active	NO
2	U34101TN1929PLC002973	T.V. SUNDRAM IYENGAR AND SONS LIMITED	Director	30/08/1976	30/08/1976	-	Active	NO
3	U65991TN1943PLC002656	SUNDARAM INDUSTRIES LIMITED	Director	30/11/1978	30/11/1978	-	Active	NO
4	L65191TN1954PLC002429	SUNDARAM FINANCE LIMITED	Director	17/01/1986	17/01/1986	-	Active	NO
5	L35921TN1960PLC004175	WHEELS INDIA LIMITED	Director	31/07/1986	31/07/1986	-	Active	NO
6	U28920TN1993PTC025794	SUNDARAM DYNACAST PRIVATE LIMITED	Director	30/10/1993	30/10/1993	-	Active	NO
7	U65922TN1999PLC042759	SUNDARAM BNP PARIBAS HOME FINANCE LIMITED	Director	2/7/1999	2/7/1999	-	Active	NO
8	U67200TN2000PLC045611	ROYAL SUNDARAM ALLIANCE INSURANCE COMPANY LIMITED	Director	22/08/2000	22/08/2000	-	Active	NO
9	U65999TN2003PLC052058	SUNDARAM TRUSTEE COMPANY LIMITED	Nominee director	8/12/2003	8/12/2003	-	Active	NO
10	U73100TN2006NPL059651	IIT MADRAS RESEARCH PARK	Additional director	15/12/2009	15/12/2009	-	Active	NO
11	U28113TN2010PLC075244	FLOMETALLIC INDIA LIMITED	Director	5/4/2010	5/4/2010	25/09/2010	Active	NO
12	U74900TN2010PLC076378	BIH BRAKING COMPANY LIMITED	Director	30/06/2010	30/06/2010	-	Active	NO

Name :

Mr. Venu Srinivasan

Designation :

Director

Address :

3 Adyar Club Gate Road, R A Puram, Chennai – 600 028, Tamilnadu, India

Date of Birth/Age :

11.12.1952

Date of Appointment :

29.06.1979

DIN No.:

00051523

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	L35999TN1962PLC004792	SUNDARAM -CLAYTON LIMITED	Managing director	23/05/2009	23/05/1979	-	Active	NO
2	L35999TN1962PLC004943	SUNDRAM FASTENERS LIMITED	Director	15/06/1979	15/06/1979	-	Active	NO
3	U34101TN1929PLC002973	T.V. SUNDRAM IYENGAR AND SONS LIMITED	Director	29/06/1979	29/06/1979	-	Active	NO
4	U60221TN1946PLC002582	SOUTHERN ROADWAYS LIMITED	Director	30/06/1979	30/06/1979	-	Active	NO
5	U35999TN1961PLC004678	LUCAS TVS LIMITED	Director	16/04/1991	16/04/1991	-	Active	NO
6	U40108TN1994PLC029132	SUNDRAM NON-CONVENTIONAL ENERGY SYSTEMS LIMITED	Director	6/2/1995	6/2/1995	-	Active	NO
7	U65191TN1998PLC039853	TVS FINANCE AND SERVICES LIMITED	Director	19/01/1999	19/01/1999	22/06/2009	Active	NO
8	U24293TN1999PLC042327	HARITA-NTI LIMITED	Director	22/04/1999	22/04/1999	-	Active	NO
9	L29112PN1962PLC012276	CUMMINS INDIA LIMITED	Director	27/01/2000	27/01/2000	-	Active	NO
10	L35921TN1992PLC022845	TVS MOTOR COMPANY LIMITED	Managing director	24/04/2010	27/01/2000	-	Active	NO
11	L30007TN1995PLC032941	TVS ELECTRONICS LIMITED	Director	18/08/2003	18/08/2003	31/07/2008	Active	NO
12	L34103TN2004PLC054667	WABCO INDIA LIMITED	Director	28/03/2008	18/11/2004	19/05/2010	Active	NO
13	U01132TN2006PLC061095	EMERALD HAVEN ESTATES LIMITED	Director	13/09/2006	13/09/2006	27/11/2007	Active	NO
14	U17111TN1960PLC004340	SUNDARAM TEXTILES LIMITED	Director	28/09/2006	28/09/2006	2/8/2010	Active	NO
15	U99999DL1983NPL014987	AGA KHAN RURAL SUPPORT PROGRAMME (INDIA)	Director	7/4/2008	7/4/2008	-	Active	NO
16	U65191TN1994PLC028851	TVS INVESTMENTS LIMITED	Director	14/09/2009	28/08/2008	-	Active	NO
17	U40109TN2008PLC069101	TVS ENERGY LIMITED	Director	1/9/2008	1/9/2008	-	Active	NO
18	L01131KA1943PLC000833	TATA COFFEE LIMITED	Director	24/07/2009	13/10/2008	-	Active	NO
19	L55101TN1970PLC005897	ORIENTAL HOTELS LIMITED	Director	27/07/2010	17/10/2008	-	Active	NO
20	U93090TN1983GAT009948	TVS MOTOR HARITA EMPLOYEES WELFARE FOUNDATION PRIVATE LIMITED	Director	31/08/2009	18/05/2009	-	Active	NO
21	U65920TN2008PLC069758	TVS CREDIT SERVICES LIMITED	Director	23/06/2010	21/06/2010	-	Active	NO

Name :

Mr. Gopal Srinivasan

Designation :

Director

Address :

West Side House, 3 Adyar Club Gate Road, Chennai – 600028, Tamilnadu, India

Date of Appointment :

31.08.1979

DIN No.:

00177699

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U34101TN1929PLC002973	T.V. SUNDRAM IYENGAR & SONS LIMITED	Director	31/08/1979	31/08/1979	-	Active	NO
2	U65991TN1943PLC002656	SUNDARAM INDUSTRIES LIMITED	Director	31/08/1979	31/08/1979	-	Active	NO
3	L35999TN1962PLC004792	SUNDARAM -CLAYTON LIMITED	Director	18/08/2008	29/11/1985	-	Active	NO
4	U65191TN1994PLC028851	TVS INVESTMENTS LIMITED	Managing director	26/04/2010	25/05/1995	-	Active	NO
5	U35999TN1961PLC004678	LUCAS TVS LIMITED	Director	28/03/1996	28/03/1996	-	Active	NO
6	U30007TN1997PTC038151	HARITA ELECTRONICS PRIVATE LIMITED	Director	9/5/1997	9/5/1997	-	Active	NO
7	U65191TN1998PLC039853	TVS FINANCE AND SERVICES LIMITED	Director	19/01/1999	19/01/1999	-	Active	NO
8	U72200MH1989PLC166901	ICICI VENTURE FUNDS MANAGEMENT COMPANY LIMITED	Director	12/7/1999	12/7/1999	28/07/2008	Active	NO
9	L35921TN1992PLC022845	TVS MOTOR COMPANY LIMITED	Director	27/01/2000	27/01/2000	14/08/2008	Active	NO
10	U30006TN1996PLC035418	HARITA TECHSERV LIMITED	Director	5/12/2001	5/12/2001	-	Active	NO
11	L30007TN1995PLC032941	TVS ELECTRONICS LIMITED	Nominee director	23/10/2008	18/07/2003	-	Active	NO
12	U65993TN2004PLC054696	SUNDARAM INVESTMENT LIMITED	Director	22/11/2004	22/11/2004	-	Active	NO
13	U72900MH2001NPL133410	MEDIA LAB ASIA	Director	28/12/2004	28/12/2004	24/03/2011	Active	NO
14	U63011TN2004PLC054655	TVS LOGISTICS SERVICES LIMITED	Director	5/8/2005	5/8/2005	-	Active	NO
15	U80301TN2004NPL052529	GREAT LAKES INSTITUTE OF MANAGEMENT	Director	19/01/2007	19/01/2007	3/5/2011	Active	NO
16	U72500TN2007PLC063540	TVS-E SERVICETEC LIMITED	Director	29/08/2008	17/05/2007	-	Active	NO
17	U72200TN2007PLC064091	HARITA ACADEMY LIMITED	Director	28/08/2008	25/06/2007	-	Active	NO
18	U65991TN2007PLC064133	TVS CAPITAL FUNDS LIMITED	Managing director	6/6/2008	28/06/2007	-	Active	NO
19	U67190MH2005PLC153819	MILESTONE CAPITAL ADVISORS LIMITED	Director	28/06/2007	28/06/2007	20/04/2009	Active	NO
20	U72900TN2007FTC065500	GRANDTECH INDIA PRIVATE LIMITED	Director	26/11/2007	26/11/2007	21/09/2011	Active	NO
21	U74140TN2004PTC052667	CROSS CREEK CHANNEL INVESTMENT ADVISORS PRIVATE LIMITED	Director	5/8/2009	10/5/2008	-	Active	NO
22	U22300DL2007PTC167650	NINE DOT NINE MEDIAWORX PRIVATE LIMITED	Nominee director	10/10/2008	10/10/2008	12/5/2010	Active	NO
23	U70109MH2006PLC160918	LANDMARK LIMITED (PART IX)	Director	17/08/2010	4/11/2009	-	Active	NO
24	U93000KA2008PTC046355	NEXTWEALTH ENTREPRENEURS PRIVATE LIMITED	Director	11/2/2010	11/2/2010	-	Active	NO
25	U85110TN2010PTC075352	MEDFORT HOSPITALS PRIVATE LIMITED	Additional director	22/11/2010	22/11/2010	19/01/2011	Active	NO
26	U15499DL2005PTC139631	OM PIZZAS AND EATS INDIA PRIVATE LIMITED	Director	24/12/2010	24/12/2010	-	Active	NO
27	U55101MH2010PTC209517	INDIAN COOKERY PRIVATE LIMITED	Nominee director	1/3/2011	1/3/2011	-	Active	NO
28	U74900TN2011PLC083371	SUNDARAM ENGINEERING PRODUCTS SERVICES LIMITED	Director	1/12/2011	1/12/2011	-	Active	NO

Name :

Mr. Balaji Kumara Thirumala

Designation :

Director

Address :

34 Poes Garden, Chennai – 600 086, Tamilnadu, India

Date of Birth/Age :

12.07.1948

Date of Appointment :

31.08.1979

DIN No.:

00002010

Other Directorship :

S. No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U35999TN1961PLC004678	LUCAS TVS LIMITED	Managing director	24/08/2009	24/08/1979	-	Active	NO
2	U34101TN1929PLC002973	T.V. SUNDRAM IYENGAR AND SONS LIMITED	Director	31/08/1979	31/08/1979	-	Active	NO
3	U35999TN1930PLC005705	LUCAS INDIAN SERVICE LIMITED	Director	15/10/1979	15/10/1979	-	Active	NO
4	U24117TN1952PLC005704	DELPHI-TVS DIESEL SYSTEMS LIMITED	Managing director	1/4/2007	15/10/1979	-	Active	NO
5	L35999TN1962PLC004792	SUNDARAM -CLAYTON LIMITED	Director	28/11/1984	28/11/1984	-	Active	NO
6	L74999TZ1984PLC001456	TITAN INDUSTRIES LIMITED	Director	1/3/1986	1/3/1986	-	Active	NO
7	L31901TN1984PLC011021	INDIA NIPPON ELECTRICALS LIMITED	Director	28/07/1986	28/07/1986	-	Active	NO
8	U40109TN1996PTC037208	INDIA JAPAN LIGHTING PRIVATE LIMITED	Director	27/12/1996	27/12/1996	-	Active	NO
9	U30007TN1997PTC038151	HARITA ELECTRONICS PRIVATE LIMITED	Director	9/5/1997	9/5/1997	-	Active	NO
10	L35921TN1992PLC022845	TVS MOTOR COMPANY LIMITED	Director	15/02/2000	15/02/2000	14/08/2008	Active	NO
11	U93090TN1983NPL010186	HASTHAM SWASTHI PRIVATE LIMITED	Director	16/03/2000	16/03/2000	-	Active	NO
12	U93090TN1983NPL010185	PUNARVASU SWASTHI PRIVATE LIMITED	Director	16/03/2000	16/03/2000	-	Active	NO
13	L85110TN1979PLC008035	APOLLO HOSPITALS ENTERPRISE LIMITED	Director	17/09/2001	17/09/2001	-	Active	NO
14	L30007TN1995PLC032941	TVS ELECTRONICS LIMITED	Director	18/07/2003	18/07/2003	4/8/2008	Active	NO
15	U50101TN2005PLC057476	TVS AUTOMOTIVE SYSTEMS LIMITED	Director	14/09/2005	14/09/2005	-	Active	NO
16	U65191TN1994PLC028851	TVS INVESTMENTS LIMITED	Director	14/09/2009	28/08/2008	-	Active	NO
17	U65920TN2008PLC069758	TVS CREDIT SERVICES LIMITED	Director	23/06/2010	3/5/2010	-	Active	NO

Name :

Mr. Haresh Ramachandhran

Designation :

Director

Address :

16 Jawahar Road, Chokkikulam, Madurai – 625 002, Tamilnadu, India

Date of Birth/Age :

29.11.1954

Date of Appointment :

30.09.1980

DIN No.:

00363096

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U34101TN1929PLC002973	T.V. SUNDRAM IYENGAR AND SONS LIMITED	Managing director	23/09/2010	30/09/1980	-	Active	NO
2	U65991TN1943PLC002656	SUNDARAM INDUSTRIES LIMITED	Director	5/3/1991	5/3/1991	-	Active	NO
3	U30007TN1993PTC026291	ZF ELECTRONICS TVS (INDIA) PRIVATE LIMITED	Director	1/12/1993	1/12/1993	-	Active	NO
4	U30007TN1995PLC033338	TVS TELECOM COMPONENTS LIMITED	Director	26/10/1995	26/10/1995	-	Active	NO
5	U35202TN1998PLC041466	IRIZAR TVS LIMITED	Director	23/11/1998	23/11/1998	-	Active	NO
6	U72300TN1997PLC039110	TVS INTERCONNECT SYSTEMS LIMITED	Managing director	6/5/2011	10/11/1999	-	Active	NO
7	U72300MH2000PTC123780	SOFTDEL SYSTEMS PRIVATE LIMITED	Director	23/05/2000	23/05/2000	-	Active	NO
8	U67200TN2000PLC045611	ROYAL SUNDARAM ALLIANCE INSURANCE COMPANY LIMITED	Director	22/10/2000	22/10/2000	25/03/2010	Active	NO
9	U72900TN2007PLC063049	INDIA TELECOM INFRA LIMITED	Director	10/12/2009	9/4/2007	-	Active	NO
10	U65921TN2007PLC063294	NSM HOLDINGS LIMITED	Director	27/04/2007	27/04/2007	-	Active	NO
11	U72900TN2004PLC054575	TVSNET TECHNOLOGIES LIMITED	Director	20/08/2007	14/07/2007	-	Active	NO
12	U74999TN2009PLC072487	TOR PROJECTS AND SERVICES LIMITED	Director	5/8/2009	5/8/2009	-	Active	NO
13	U32204TN2009PLC072529	NK TELECOM PRODUCTS LIMITED	Director	10/8/2009	10/8/2009	-	Active	NO
14	U65100TN2010PLC074498	TVS SRICHAKRA INVESTMENTS LIMITED	Director	3/8/2011	5/2/2010	-	Active	NO

Name :

Mr. Ramchandran Dinesh

Designation :

Director

Address :

16 Jawahar Road, Chokkikulam, Madurai – 625 002, Tamilnadu, India

Date of Birth/Age :

25.02.1965

Date of Appointment :

27.05.1998

DIN No.:

00363300

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Date of cessation	Company Status	Defaulting status
1	U34101TN1929PLC002973	T.V. SUNDRAM IYENGAR AND SONS LIMITED	Managing director	1/7/2009	27/05/1998	-	Active	NO
2	U72300TN1997PLC039110	TVS INTERCONNECT SYSTEMS LIMITED	Director	28/09/1998	28/09/1998	-	Active	NO
3	U35202TN1998PLC041466	IRIZAR TVS LIMITED	Director	23/11/1998	23/11/1998	-	Active	NO
4	U63011TN2004PLC054655	TVS LOGISTICS SERVICES LIMITED	Managing director	1/9/2008	16/11/2004	-	Active	NO
5	U72900TN2007PLC063049	INDIA TELECOM INFRA LIMITED	Director	9/4/2007	9/4/2007	4/3/2008	Active	NO
6	U65921TN2007PLC063294	NSM HOLDINGS LIMITED	Director	27/04/2007	27/04/2007	-	Active	NO
7	U45200MH2005PLC154628	TVS INFRASTRUCTURE LIMITED	Director	24/09/2007	30/04/2007	-	Active	NO
8	U63010TN2007PLC064282	TVS DYNAMIC GLOBAL FREIGHT SERVICES LIMITED	Director	19/07/2007	19/07/2007	-	Active	NO
9	U60200TN2008PLC068631	TVS COMMUTATION SOLUTIONS LIMITED	Director	21/07/2008	21/07/2008	-	Active	NO
10	U51220MH1944PLC004124	THE ASSOCIATED AUTO PARTS LIMITED	Director	29/09/2008	1/9/2008	-	Active	NO
11	U50102MH2009PTC195226	FIXALL AUTOMOTIVE SERVICES PRIVATE LIMITED	Director	25/08/2009	25/08/2009	-	Active	NO
12	U60100TN2010PLC074341	TVS GMR AVIATION LOGISTICS LIMITED	Director	22/01/2010	22/01/2010	-	Active	NO
13	U34100TN2009PLC071439	TVS AUTOMOBILE SOLUTIONS LIMITED	Director	13/12/2010	12/11/2010	-	Active	NO
14	U60200TN2009PLC071624	TVS RHR FINISHED VEHICLES LOGISTICS SOLUTIONS LIMITED	Director	29/09/2011	29/12/2010	-	Active	NO
15	U65100TN2011PTC083208	DINRAM HOLDINGS PRIVATE LIMITED	Director	18/11/2011	18/11/2011	-	Active	NO

Name :

Mr. Srinath R Rajam

Designation :

Director

Address :

16 Jawahar Road, Chokkikulam, Madurai – 625 002, Tamilnadu, India

Date of Birth/Age :

30.01.1957

Date of Appointment :

16.06.2005

DIN No.:

00054758

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U65991TN1943PLC002656	SUNDARAM INDUSTRIES LIMITED	Director	16/03/1983	16/03/1983	Active	NO
2	U93090TN1987PLC032239	TVSC-SGI INTERNATIONAL LIMITED	Director	21/01/1987	21/01/1987	Active	NO
3	U65993TN1983PTC009853	SRIYA HOLDING PRIVATE LIMITED	Director	24/06/1993	24/06/1993	Active	NO
4	U65993TN1983PTC009852	VARSHA HOLDING PRIVATE LIMITED	Director	24/06/1993	24/06/1993	Active	NO
5	U18209TN1994PLC028648	SPORT GLOVE INDIA LTD	Director	16/09/1994	16/09/1994	Active	NO
6	U25192TN2002PLC048368	KWIK PATCH LIMITED	Managing director	1/4/2004	1/4/2004	Active	NO
7	U34101TN1929PLC002973	T.V. SUNDRAM IYENGAR AND SONS LIMITED	Director	16/06/2005	16/06/2005	Active	NO
8	U29129TN1983PLC009786	SUNCO MACHINES LIMITED	Director	22/07/2005	22/07/2005	Active	NO

Name :

Mr. Srivats Ram

Designation :

Director

Address :

Old No. 29, New No. 57, prithvi Avenue, Chennai – 600 018, Tamilnadu, India

Date of Birth/Age :

20.02.1970

Date of Appointment :

16.06.2005

DIN No.:

00063415

Other Directorship :

S.No.	CIN	Name of the Company	Current designation of the director	Date of appointment at current designation	Original date of appointment	Company Status	Defaulting status
1	U65993TN1982PTC009756	MAHAM HOLDINGS PRIVATE LIMITED	Director	26/06/1989	26/06/1989	Active	NO
2	U65993TN1982PTC009755	REVATHI HOLDINGS PRIVATE LIMITED	Director	26/06/1989	26/06/1989	Active	NO
3	L35921TN1960PLC004175	WHEELS INDIA LIMITED	Managing director	1/5/2008	1/10/2000	Active	NO
4	U34101TN1929PLC002973	T.V. SUNDRAM IYENGAR AND SONS LIMITED	Director	16/06/2005	16/06/2005	Active	NO
5	U99999DL1959PLC176013	AUTOMOTIVE COMPONENT MANUFACTURERS ASSOCIATION OF INDIA	Director	2/9/2005	2/9/2005	Active	NO
6	U27209TN1981PLC008630	AXLES INDIA LIMITED	Director	29/06/2006	29/06/2006	Active	NO
7	U71290TN2007PLC065658	SUNDARAM HYDRAULICS LIMITED	Managing director	1/4/2008	7/12/2007	Active	NO
8	U65993TN1982PTC009757	PADMALAKSHMI HOLDINGS PRIVATE LIMITED	Director	7/4/2009	7/4/2009	Active	NO

KEY EXECUTIVES

Name :	Mr. Balasubramanian Iyer Ganapathi Sharma
Designation :	Company Secretary
Address :	TVS Building 7B West Veli Street, Madurai – 625 001, Tamil Nadu
Date of Birth/Age :	24.08.1935
Date of Appointment :	15.01.1986
PAN No.:	ACKPG3871B

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

SHAREHOLDING DETAILS FILE ATTACHED.

AS ON 30.09.2011

Equity Shares Break – up

Category	Percentage
Bodies corporate	6.00
Directors or relatives of directors	88.00
Others	6.00
Total	100.00

BUSINESS DETAILS

Line of Business :

Dealers in Automobile Vehicles, Spare Parts and Accessories and Petroleum Products/ Lubricants.

GENERAL INFORMATION

Customers :

· Maruti Udyog

· Hindustan Motors

· TATA Engineering and Locomotive Company

· General Motors

· Ford India

· Daewoo Motors Company Limited

· Ind Auto

· Hyundai Motors India

· Bajaj Tempo

· Mahindra and Mahindra

· Swaraj Mazda

· Eicher Motors

· Escorts

· HMT

· Punjab Tractors

· L and T Tractors

· Greaves Tractors

No. of Employees :

6000 (Approximately)

Bankers :

· State Bank of India

· UCO Bank

· State Bank of Patiala

· State Bank of Saurashtra

· State Bank of Travancore

· State Bank of Mysore

41, Whites Road, Royapettah, Chennai – 600014, Tamilnadu, india

Facilities :

Secured Loans	31.03.2011	31.03.2010
	(Rs. In Millions)
From Banks
- Cash Credit	1706.535	1632.610
- Term Loan	50.000	0.000
Total	1756.535	1632.610
Unsecured Loans	31.03.2011	31.03.2010
	(Rs. In Millions)
Deposits	189.010	166.671
Loan From Banks	500.000	464.667
Total	689.010	631.338

Banking Relations :	--
Auditors :
Name :	Sundaram and Srinivasan Chartered Accountants
Address :	250 P T Rajan Road, Chokkikulam, Madurai – 625 002, Tamil Nadu, India
PAN No.:	AAAFS8812J
Subsidiaries Companies	· Sundaram Industries Limited · Sundaram Clayton Limited · Sundaram Lanka Tyres Limited · Anusha Investments Limited · Southern Roadways Limited · TVS Motor Company Limited · Sundaram Textiles Limited · TVS Motor Company (Europe) B.V. · The Associated Auto Parts Limited · TVS Motor (Singapore) Pte Limited · TVS Automobile Solutions Limited · PT.TVS Motor Company Indonesia · Lucas-TVS Limited · Sundaram Auto Components Limited · Lucas Indian Service Limited · TVS Housing Limited · TVS Automotive Systems Limited · TVS Energy Limited · Iranian Automotive Systems, Iran · TVS Wind Power Limited · TVS Interconnect Systems Limited · TVS Wind Energy Limited · NSM Holdings Limited · Sundaram Investment Limited · TOR Projects and Services Limited · TVS Investments Limited · NK Telecom Products Limited · TVS-E Access (India) Limited · 1NK Tele Systems Limited · TVS-E Service Tec Limited · TVS Net Technologies Limited · Sravanaa Properties Limited · 1TVS Logistics Services Limited · TVS Capital Funds Limited · TVS Logistics Investment UK Limited, UK · TVS Electronics Limited · YeleStre Holdings Limited, UK · Tumkur Property Holdings Limited · Multipart (Holdings) Limited, UK · Prime Property Holdings Limited · Multipart Solutions Limited, UK · Msys Software Solutions Limited, UK · Multipart Limited, UK · Globe Transport Products Limited, UK · Globe Dynamics Limited · TVS Automotive Europe Limited, UK · TVS Autoserv GmbH, Germany · TVS Logistics Iberia S.L., Spain · TVS CJ Components Limited, UK · TVS Logistics Siam Limited, Thailand · TVS Dynamic Global Freight Services Limited · TVS Commutation Solutions Limited · TVS Logistics Investments USA Inc, USA · TVS America Inc, USA · Manufacturers Equipment and Supply Company, USA · TVS RHR Finished Vehicles Logistics Solutions Limited · TVS GMR Aviation Logistics Limited
Associates :	· Sundram Fasteners Limited · Wheels India Limited · Sundaram Brake Linings Limited · India Motor Parts and Accessories Limited · TVS Srichakra Limited · Brakes India Limited · TVS Sewing Needles Limited · Delphi-TVS Diesel Systems Limited · Irizar TVS Limited · TVS Infrastructure Limited · TVS Lanka Private Limited, Srilanka · TVS Auto Bangladesh Limited, Bangladesh · TVS Charities

CAPITAL STRUCTURE

(AS ON 31.03.2011)

Authorised Capital :

No. of Shares	Type	Value	Amount
2500000	Equity Shares	Rs.100/- each	Rs.250.000 millions

Issued, Subscribed & Paid-up Capital :

No. of Shares	Type	Value	Amount
24776	Equity Shares (Issued for Cash)	Rs.100/- each	Rs.2.478 millions
10209	Equity Shares (Issued for consideration other than cash)	Rs.100/- each	Rs.1.021 millions
1109015	Equity Shares (issued as bonus Shares by capitalization of General Reserve)	Rs.100/- each	Rs.110.901 millions
		Total	Rs.114.400 millions

FINANCIAL DATA

[all figures are in Rupees Millions]

ABRIDGED BALANCE SHEET

SOURCES OF FUNDS		31.03.2011	31.03.2010	31.03.2009
SHAREHOLDERS FUNDS
1] Share Capital		114.400	114.400	114.400
2] Share Application Money		0.000	0.000	0.000
3] Reserves & Surplus		4204.033	3402.067	2669.200
4] (Accumulated Losses)		0.000	0.000	0.000
NETWORTH		4318.433	3516.467	2783.600
LOAN FUNDS
1] Secured Loans		1756.535	1632.610	1417.700
2] Unsecured Loans		689.010	631.338	372.600
TOTAL BORROWING		2445.545	2263.948	1790.300
DEFERRED TAX LIABILITIES		7.025	7.025	0.000
TOTAL		6771.003	5787.440	4573.900
APPLICATION OF FUNDS
FIXED ASSETS [Net Block]		1069.949	917.917	976.700
Capital work-in-progress		38.461	11.254	8.700
INVESTMENT		1753.121	978.060	636.100
DEFERREX TAX ASSETS		13.725	13.725	6.700
CURRENT ASSETS, LOANS & ADVANCES
	Inventories	4092.082	2631.736	2386.900
	Sundry Debtors	2155.618	1519.331	1346.300
	Cash & Bank Balances	702.004	884.281	736.200
	Other Current Assets	0.000	0.000	142.500
	Loans & Advances	1408.302	1486.730	410.000
Total Current Assets		8358.006	6522.078	5021.900
Less : CURRENT LIABILITIES & PROVISIONS
	Sundry Creditor	4129.974	2491.512	2014.800
	Other Current Liabilities	0.000	0.000	0.000
	Provisions	332.285	164.082	61.400
Total Current Liabilities		4462.259	2655.594	2076.200
Net Current Assets		3895.747	3866.484	2945.700
MISCELLANEOUS EXPENSES		0.000	0.000	0.000
TOTAL		6771.003	5787.440	4573.900

PROFIT & LOSS ACCOUNT

	PARTICULARS		31.03.2011	31.03.2010	31.03.2009
	SALES
		Operating Revenue	57478.689	42477.917	35740.398
		Other Income	487.437	783.266	910.771
		TOTAL (A)	57966.126	43261.183	36651.169
Less	EXPENSES
		Consumption Materials Charges Inventories	52531.364	38652.117	33009.849
		Employees Related Expenses	1622.363	1318.097	0.000
		Administrative, selling and Other Expenses	1793.091	1522.152	3005.002
		Income Loss Discounting Operating	(296.787)	0.000	0.000
		TOTAL (B)	55650.031	41492.366	36014.851
Less	PROFIT BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C)		2316.095	1768.817	636.318
Less	FINANCIAL EXPENSES (D)		269.280	202.615	0.000
	PROFIT BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E)		2046.815	1566.202	636.318
Less/ Add	DEPRECIATION/ AMORTISATION (F)		158.720	140.443	134.203
	PROFIT BEFORE TAX (E-F) (G)		1888.095	1425.759	502.115
Less	TAX (H)		502.957	263.595	115.115
	PROFIT AFTER TAX (G-H) (I)		1385.138	1162.164	387.000
Add	PREVIOUS YEARS’ BALANCE BROUGHT FORWARD		1317.942	701.165	579.607
Less	APPROPRIATIONS
		General Reserve		116.100	38.700
		Interim Dividend Paid		236.808	152.152
		Interim Dividend Payable	1591.572	140.712	53.768
		Tax on Dividend		51.767	20.822
	BALANCE CARRIED TO THE B/S		1111.508	1317.942	701.165
	EARNINGS IN FOREIGN CURRENCY		NA	NA	2.355
	IMPORTS VALUE		242.526	38.439	92.488
	Earnings Per Share (Rs.)		1200.26	1014.86	338.29

KEY RATIOS

PARTICULARS		31.03.2011	31.03.2010	31.03.2009
PAT / Total Income	(%)	2.39	2.69	1.06
Net Profit Margin (PBT/Sales)	(%)	3.28	3.36	1.40
Return on Total Assets (PBT/Total Assets}	(%)