Hindustan Copper Ltd Annual Report
HINDUSTAN COPPER LIMITED
(A Government of India Enterprise)
AUDITORS M/s. Ray & Company, Kolkata M/s. Agrawal Anil & Company, New Delhi
CONTENTS
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. Board of Directors Notice for Annual General Meeting Directors’ Report Comment of the Comptroller & Auditor General of India Ten Years at a Glance Auditors’ Report Balance Sheet Profit & Loss Account Cash Flow Statement Schedule to Accounts Accounting Policies Notes on Accounts Balance Sheet Abstract and Company’s General Business Profile Green Initiative in Corporate Governance ... ... ... ... ... ... ... ... ... ... ... ... ... ... 2 3 8 32 33 34 40 41 42 44 53 57 68 69
BANKS
State Bank of India State Bank of Bikaner and Jaipur United Bank of India Indian Overseas Bank Pujab Nationl Bank State Bank of Hyderabad
REGISTERED OFFICE
“Tamra Bhavan” 1 Ashutosh Chowdhury Avenue Kolkata - 700 019, India Tel No. : 91 33 22832224, 91 33 22832226 Fax No. : 91 33 22832478, 91 33 22832640 Website : www.hindustancopper.com
BOARD OF DIRECTORS
Shakeel Ahmed
G. Srinivas
Anjali Anand Srivastava
Anupam Anand
K. D. Diwan
Avijit Ghosh
K. K. Saberwal
Apurba Kumar Sarmah
Raajnish Gossain
2
NOTICE FOR ANNUAL GENERAL MEETING
Notice is hereby given that 44th Annual General Meeting of the members of Hindustan Copper Limited will be held on Tuesday, the 20th September, 2011 at 11 am in the registered office of the Company at 'Tamra Bhavan' 1 Ashutosh Chowdhury Avenue, Kolkata-700 019 to transact the following business :Ordinary Business 1) 2) 3) 4) 5) To receive, consider and adopt the audited Profit and Loss Account for the year ended 31st March, 2011, the Balance Sheet as on that date together with the Directors' Report,Auditors' Report and C&AG's comments. To declare dividend on equity shares. To appoint a director in place of Shri Kailash Dhar Diwan, who retires by rotation and is eligible for reappointment. To appoint a director in place of
(A Government of India Enterprise)
AUDITORS M/s. Ray & Company, Kolkata M/s. Agrawal Anil & Company, New Delhi
CONTENTS
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. Board of Directors Notice for Annual General Meeting Directors’ Report Comment of the Comptroller & Auditor General of India Ten Years at a Glance Auditors’ Report Balance Sheet Profit & Loss Account Cash Flow Statement Schedule to Accounts Accounting Policies Notes on Accounts Balance Sheet Abstract and Company’s General Business Profile Green Initiative in Corporate Governance ... ... ... ... ... ... ... ... ... ... ... ... ... ... 2 3 8 32 33 34 40 41 42 44 53 57 68 69
BANKS
State Bank of India State Bank of Bikaner and Jaipur United Bank of India Indian Overseas Bank Pujab Nationl Bank State Bank of Hyderabad
REGISTERED OFFICE
“Tamra Bhavan” 1 Ashutosh Chowdhury Avenue Kolkata - 700 019, India Tel No. : 91 33 22832224, 91 33 22832226 Fax No. : 91 33 22832478, 91 33 22832640 Website : www.hindustancopper.com
BOARD OF DIRECTORS
Shakeel Ahmed
G. Srinivas
Anjali Anand Srivastava
Anupam Anand
K. D. Diwan
Avijit Ghosh
K. K. Saberwal
Apurba Kumar Sarmah
Raajnish Gossain
2
NOTICE FOR ANNUAL GENERAL MEETING
Notice is hereby given that 44th Annual General Meeting of the members of Hindustan Copper Limited will be held on Tuesday, the 20th September, 2011 at 11 am in the registered office of the Company at 'Tamra Bhavan' 1 Ashutosh Chowdhury Avenue, Kolkata-700 019 to transact the following business :Ordinary Business 1) 2) 3) 4) 5) To receive, consider and adopt the audited Profit and Loss Account for the year ended 31st March, 2011, the Balance Sheet as on that date together with the Directors' Report,Auditors' Report and C&AG's comments. To declare dividend on equity shares. To appoint a director in place of Shri Kailash Dhar Diwan, who retires by rotation and is eligible for reappointment. To appoint a director in place of