Raymond Annual Report
BOARD OF DIRECTORS DR. VIJAYPAT SINGHANIA, Chairman Emeritus GAUTAM HARI SINGHANIA, Chairman and Managing Director I. D. AGARWAL NABANKUR GUPTA P K. BHANDARI . SHAILESH V. HARIBHAKTI (w.e.f. 15.06.2009) PRADEEP GUHA (w.e.f. 15.06.2009)
MANAGEMENT EXECUTIVES GAUTAM HARI SINGHANIA, Chairman and Managing Director ANIRUDDHA DESHMUKH, President – FMCG & Textiles (Sales & Marketing) HARSHAL JAYAVANT, President – Engineering Business H. SUNDER, President – Finance & Chief Financial Officer K.A. NARAYAN, President – HR RAKESH PANDEY, President – Retail & Business Development ROBERT LOBO, President (Operations) – Group Apparel SHREYAS JOSHI, President – Group Apparel S.K. SINGHAL, President – Textiles S.L. POKHARNA, President – Commercial
DIRECTOR – SECRETARIAL & COMPANY SECRETARY THOMAS FERNANDES BANKERS BANK OF INDIA BANK OF MAHARASHTRA BANK OF AMERICA CENTRAL BANK OF INDIA CONTENTS Directors’ Report & Management Discussion and Analysis Corporate Governance Report Shareholder Information Auditors’ Report Balance Sheet Profit and Loss Account Cash Flow Statement Schedules ‘1’ to ‘15’ Schedule ‘16’ – Notes Forming Part of the Accounts Annexure I - Statement of Significant Accounting Policies and Practices Research and Development Expenditure Account Ten-Year Highlights Consolidated Account Details of Balance Sheet and Income and Expenditure of Subsidiary Companies Balance Sheet Abstract and Company’s General Business Profile Pages CITIBANK N.A. HDFC BANK LIMITED IDBI BANK LIMITED 2-10 11-20 21-24 25-27 28 29 30 31-45 46-61 62-63 63 64 65-79 79 INTERNAL & OPERATIONAL AUDITORS MAHAJAN & AIBARA Chartered Accountants REGISTERED OFFICE PLOT NO.156/H.NO. 2, VILLAGE ZADGAON RATNAGIRI - 415 612, MAHARASHTRA REGISTRAR & SHARE TRANSFER AGENT LINK INTIME INDIA PRIVATE LIMITED C-13, PANNALAL SILK MILLS COMPOUND, L.B.S MARG, 80 BHANDUP (WEST), MUMBAI – 400 078. STATE BANK OF INDIA STANDARD CHARTERED BANK THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED AUDITORS DALAL & SHAH
MANAGEMENT EXECUTIVES GAUTAM HARI SINGHANIA, Chairman and Managing Director ANIRUDDHA DESHMUKH, President – FMCG & Textiles (Sales & Marketing) HARSHAL JAYAVANT, President – Engineering Business H. SUNDER, President – Finance & Chief Financial Officer K.A. NARAYAN, President – HR RAKESH PANDEY, President – Retail & Business Development ROBERT LOBO, President (Operations) – Group Apparel SHREYAS JOSHI, President – Group Apparel S.K. SINGHAL, President – Textiles S.L. POKHARNA, President – Commercial
DIRECTOR – SECRETARIAL & COMPANY SECRETARY THOMAS FERNANDES BANKERS BANK OF INDIA BANK OF MAHARASHTRA BANK OF AMERICA CENTRAL BANK OF INDIA CONTENTS Directors’ Report & Management Discussion and Analysis Corporate Governance Report Shareholder Information Auditors’ Report Balance Sheet Profit and Loss Account Cash Flow Statement Schedules ‘1’ to ‘15’ Schedule ‘16’ – Notes Forming Part of the Accounts Annexure I - Statement of Significant Accounting Policies and Practices Research and Development Expenditure Account Ten-Year Highlights Consolidated Account Details of Balance Sheet and Income and Expenditure of Subsidiary Companies Balance Sheet Abstract and Company’s General Business Profile Pages CITIBANK N.A. HDFC BANK LIMITED IDBI BANK LIMITED 2-10 11-20 21-24 25-27 28 29 30 31-45 46-61 62-63 63 64 65-79 79 INTERNAL & OPERATIONAL AUDITORS MAHAJAN & AIBARA Chartered Accountants REGISTERED OFFICE PLOT NO.156/H.NO. 2, VILLAGE ZADGAON RATNAGIRI - 415 612, MAHARASHTRA REGISTRAR & SHARE TRANSFER AGENT LINK INTIME INDIA PRIVATE LIMITED C-13, PANNALAL SILK MILLS COMPOUND, L.B.S MARG, 80 BHANDUP (WEST), MUMBAI – 400 078. STATE BANK OF INDIA STANDARD CHARTERED BANK THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED AUDITORS DALAL & SHAH