National Aluminium Company Limited

(A Govt. of India Enterprise)

Corporate Presentation

February 2013

Disclaimer
This presentation does not constitute or form part of any offer or invitation or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for,
any securities of National Aluminium Company Limited (the Company), nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in
connection with, any contract or commitment therefor.
This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the
future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures, and financial results, are
forward looking statements. Forward looking statements are based on certain assumptions and expectations of future events. The Company cannot guarantee that
these assumptions and expectations are accurate or will be realised. The actual results, performance or achievements, could thus differ materially from those
projected in any such forward-looking statements. The Company assumes no responsibility to publicly amend, modify or revise any forward-looking statements, on
the basis of any subsequent developments, information or events, or otherwise.
The information contained in these materials has not been independently verified. None of the Company, its Directors, Promoter or affiliates, nor any of its or their
respective employees, advisers or representatives or any other person accepts any responsibility or liability whatsoever, whether arising in tort, contract or
otherwise, for any errors, omissions or inaccuracies in such information or opinions or for any loss, cost or damage suffered or incurred howsoever arising, directly
or indirectly, from any use of this document or its contents or otherwise in connection with this document, and makes no representation or warranty, express or
implied, for the contents of this document including its accuracy, fairness, completeness or verification or for any other statement made or purported to be made by
any of them, or on behalf of them, and nothing in this document or at this presentation shall be relied upon as a promise or representation in this respect, whether
as to the past or the future. The information and opinions contained in this presentation are current, and if not stated otherwise, made as of the date of this
presentation. The Company undertake no obligation to update or revise any information or the opinions expressed in this presentation as a result of new
information, future events or otherwise. Any opinions expressed in this presentation are subject to change without notice. No part of the information provided herein
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defined in Rule 144A under the Securities Act of 1933 (the "Securities Act")).
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offer or sale would be unlawful. Securities may not be offered, sold, resold, pledged, delivered, distributed or transferred, directly or indirectly, into or within the
United States absent registration under the Securities Act, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of
the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States.

Corporate Presentation

February 2013

Table of Contents
Page #

Overview of NALCO

Production & Sales

Aluminium Domestic & Global Demand

13

Financials

16

Our Expansion Projects

19

Projects Completed & Under Construction

22

Projects Under Planning

27

Awards and Governance

32

In this document upto Q3FY13 refers to the nine month period ended 31st December, 2012, and Q3 FY 13 refers to the three month period ended 31st December, 2012.

Corporate Presentation

February 2013

1
Overview of NALCO

Corporate Presentation

February 2013

Our Genesis, Vision & Mission

Vision: To be a reputed global company in the metals and energy sectors
To achieve sustainable growth in business through diversification, innovation and global
competitive edge
To continuously develop human resources, create safe working conditions, improve productivity
and quality and reduce cost and waste
Mission

To satisfy the customers and shareholders, employees and all other stakeholders
To be a good corporate citizen, protecting and enhancing the environment as well as
discharging social responsibility in order to ensure sustainable growth
To intensify R&D for technology development

Discovery of bauxite
deposits along the
eastern coast

Evolution &
Key
Milestones

Commencement of
sale of aluminium

1981

1989

1975

1987
Foundation stone laid by
the then PM,
Late Mrs. Indira Gandhi

Corporate Presentation

2008
2004

Registration at the
London Metal
Exchange

February 2013

Top export award of

CAPEXIL for 23rd year in
succession

Established
NALCO
Foundation for
CSR

1st Phase
Expansion
completed

2011
2010

Granted
Navratna status

1st Wind Power Project

Commissioned in Dec2012

2nd Phase
Expansion
completed

2012
Refinery Capacity
Upgradation
Commissioning started in
Dec2012

Fully Integrated Operations

Bauxite Mining

Alumina Refining

Aluminium Smelting

8th largest bauxite deposit globally

Capacity: 2.1 MTPA

Capacity: 0.46 MTPA

Resources of 310 MT over 16 sqkm

Upgraded to 2.3 MTPA Commissioning

started in Dec12

Integrated anode making, aluminium

casting & rolling

Special hydrates, special alumina and

zeolite added

Ingots, billets, wire rods, sows, strips &

rolled products

Co-generation power of 74 MW from

process steam

Technology from RTA

Ore quality 45% alumina, 2% silica

Capacity: 6.3 MTPA (6.8 MTPA by FY13)
Mechanized open-cast mines

Transport through 14.6 km conveyor belt

Operations across the aluminium value chain with access to large bauxite reserves and power & port infrastructure

Corporate Presentation

February 2013

Fully Integrated Operations

Captive Thermal Power Plant

Capacity: 1,200 MW

Port Facilities

Wind Power Project-I

Capacity to handle ships up to 40,000

DWT

Capacity: 50.4 MW Wind Power Project

in Gandikota, A.P.

Zero effluent discharge

Export of alumina & import of caustic

soda

Advanced electro-static precipitator for

pollution control

Mechanized mobile ship loader

Power Purchase Agreement (PPA) was

signed by NALCO with APSPDCL
(DISCOM) on 22.12.2012.

High PLF

Mechanized storage and handling

facility

Commissioned in Dec2012

Operations across the aluminium value chain with access to large bauxite reserves and power & port infrastructure

Corporate Presentation

February 2013

Our Presence

Baddi (HP)

Faridabad

New Delhi

Jaipur
Registered Office
Regional Offices - 7
Kolkata
Silvasa
Mumbai

Angul
Bhubaneswar

Bhiwandi

Damanjodi

Paradeep

Production Centers - 2
Ports - 3
Bauxite Mines - 1
Stockyards - 9

Vizag

Wind Power

Gandikotta
Bengaluru

Corporate Presentation

Chennai

February 2013

2
Production & Sales

Corporate Presentation

February 2013

Production Growth
4.70

4.88

4.82

5.00

1.37

1.29

Q2FY12

Q3FY12

Q4FY12

0.40

0.39

0.39

Q1FY12

Q2FY12

Q3FY12

Q4FY12

0.11

0.11

0.09

Q1FY12

Q2FY12

Q3FY12

1,466

1,452

Q2FY12

Q3FY12

3.55

1.12

1.21

Upto Q3 FY13

Q1FY12

1.14

1.22

1.19

Q1FY13

Q2FY13

Q3FY13

0.40

0.40

Q1FY13

Q2FY13

Q3FY13

0.10

0.10

0.10

0.10

Q4FY12

Q1FY13

Q2FY13

Q3FY13

1,603

1,614

Bauxite
(MT)
FY09

FY10

FY11

FY12

1.58

1.59

1.56

1.59

1.27

0.51

0.48

Alumina
(MT)
FY09

0.36

FY10

FY11

FY12

0.43

0.44

0.41

Upto Q3 FY13

0.31

Aluminium
(MT)
FY09

5,541

FY10

FY11

FY12

6,293

6,608

6,200

1,679
4,582

Power
(MU)
FY09

Upto Q3 FY13

FY10

Corporate Presentation

FY11

February 2013

FY12

Upto Q3 FY13

Q1FY12

1,443

Q4FY12

Q1FY13

Q2FY13

1,525

Q3FY13

10

Sales Volumes
Alumina (MT)

Aluminium (MT)

0.89

0.44

0.84
0.75

FY09

0.67

0.35

Upto Q3 FY13

FY09

0.69

FY10

FY11

FY12

0.25

Q1FY12

0.19

Q2FY12

0.30

FY10

FY11

FY12

0.10

0.22

0.19

0.16

Q3FY12

0.42

Upto Q3 FY13

0.11

0.39

0.19

0.44

0.10

0.10

0.10

0.10

0.10

Q4FY12

Q1FY13

Corporate Presentation

Q2FY13

Q3FY13

February 2013

Q1FY12

Q2FY12

Q3FY12

Q4FY12

Q1FY13

Q2FY13

Q3FY13

11

Average Realization
350

316

374

326

418

400

264

354

339

341

Q3FY12

Q4FY12

2,265

Q3FY12

310

322

Q1FY13

Q2FY13

Q3FY13

2,228

2,191

2,102

2,210

Q4FY12

Q1FY13

Q2FY13

Q3FY13

128,500

129,244

Q2FY13

Q3FY13

Alumina
Export ($/T)
FY09

2,234

FY10

FY11

FY12

2,335

2,434

FY11

FY12

Upto Q3 FY13

120,301

126,907

1,946

Upto Q3 FY13

Q1FY12

Q2FY12

2,726

2,599

2,159

Aluminium
Export ($/T)
FY09

108,659

FY10

95,368

110,038

Q1FY12

Q2FY12

124,365
120,986

119,489

Aluminium
Domestic
(Rs/T)

123,135

115,949

FY09

FY10

Corporate Presentation

FY11

February 2013

FY12

Upto Q3 FY13

Q1FY12

Q2FY12

Q3FY12

Q4FY12

Q1FY13

12

3
Aluminium Domestic & Global Demand

Corporate Presentation

February 2013

India Demand Outlook

Consumption Pattern(1)

Per Capita Consumptions (Kg)(2)

World
Other
Machinery & 8%
Equipment
9%
Consumer
Durables
6%

India
Transport
28%

Machinery &
Equipment
7%

Other
6%

38.2
Transport
15%

26.2

27.6

22.3

Consumer
Durables
7%

16.7

Construction
13%

16.7
8

6.8

Electrical
11%

1.8

Packaging
18%

Construction
20%

Packaging
4%

Electrical
48%

Drivers for End Use

IN

BRZ

CHN

CNDA

USA

ITLY

JAP

GER

Wrld Avg.

Share of Major Primary Producers (FY 12)

Consumer appliance market expected to see significant upsides

on account of rapid urbanization and growth in the economy

NALCO
25%

India is one of the worlds largest auto markets

While power and construction are seeing short term headwinds,

given the deficits they are likely to see continuing investments

VEDANTA
40%

HINDALCO
35%

(1)
(2)

Source: EAA, US GS, INDIASTATS, CRU

Source: IMF, Industry Estimates

Corporate Presentation

February 2013

14

Global supply-demand scenario

Aluminum Supply/Demand (MT)(1)
2009

2010

2011

2012

Global Primary Aluminum Prodn.

37.67

41.94

45.61

47.07

Global Primary Aluminum Demand

34.31

40.96

44.92

46.61

3.36

0.97

0.69

0.45

Net Surplus/-Deficit

LME Trend
Avg. LME (USD)

Avg. USD/INR

48.0

47.1
45.8

45.6

2,227

2,257

2,318

FY11

FY12

2,584
1,866
40.2

FY08

(1)

FY09

FY10

World Bureau of Metal Statistics

Corporate Presentation

February 2013

15

4
Financials

Corporate Presentation

February 2013

Financial Overview
Net Sales

PAT

(Rs. Cr)

5,959
4,989

5,108

6,500

5,054

Avg. LME
(USD)
Avg.
Exch.
Rate

2,584

2,227

1,866

2,257

2,318

40.2

45.8

47.1

45.6

48.0

33%

PAT (Rs. Cr)

PAT Margin (%)

25%
16%
1,632

FY08

FY09

FY10

FY11

1,272

FY08

FY12

Dividend(1)

FY09

18%

13%

814

1,069

850

FY10

FY11

FY12

Networth & Return on Networth(2)

(Rs. Cr)
Dividend (Rs. Cr)

60%

Dividend %

50%
8,874
25%
387

322
161

FY08

FY09

FY10

Networth (Rs. Cr)

18.4%
9,770

10,395

13.0%

11,165

20%

258

258

FY11

FY12

FY08

FY09

11,715

9.6%
7.8%

20%

RoNW %

FY10

7.3%

FY11

FY12

(1) Share capital upto FY 10 Rs 644 Cr, FY 11 onwards 1,289 Cr post restructuring; March 11 split of face value from Rs 10 to Rs 5
(2) RoNW = PAT/Networth

Corporate Presentation

February 2013

17

Quarterly Income Statement

(Rs. Cr)

Q1FY12

Q2FY12

Q3FY12

Q4FY12

Q1FY13

Q2FY13

Q3FY13

1,733

1,584

1,430

1,753

1,718

1,586

1,670

Other Operating Income

29

30

21

31

30

22

23

Total Operating Income

1762

1614

1451

1784

1748

1608

1693

Expenses

1,146

1,460

1,383

1,478

1,444

1,610

1,510

Raw Materials

234

284

265

248

316

291

264

Power & Fuel

481

639

569

509

605

753

585

Staff Expenses

246

233

297

256

283

296

290

Other Expenses*

185

304

252

465

240

270

371

616

154

68

306

304

(2)

183

10%

5%

17%

17%

N.M

123

122

124

123

--

Net Sales

EBITDA
Margin(1)

35%

Depreciation

102

118

123

Financial Expense

11%

126

131

126

160

140

139

112

86

--

--

(64)

--

--

--

PBT

554

167

71

406

319

172

PAT

377

139

51

282

223

119

22%

9%

4%

16%

13%

Other Income
Exceptional Items

Margin(2)

--

7%

(1) EBITDA Margin = EBITDA/Net Sales

(2) PAT Margin = PAT/Net Sales
* Including stock adjustments
Corporate Presentation

February 2013

18

5
Our Expansion Projects

Corporate Presentation

February 2013

Our Track Record of Expansion

Expansion Phase

Commissioning
Date

Capacity Addition

Capital Cost
(Rs Cr)

Bauxite (MTPA)

Alumina (MTPA)

Aluminium (MTPA)

Power (MW)

Phase 1

1999-2004

4,200

2.4

0.78

0.13

360

Phase 2

2008-2011

4,400

1.5

0.52

0.11

240

Upgradation

Dec-2012

409

0.5

0.18

6.8

2.3

0.46

1,200

Total

Bauxite Mining Capacity (MTPA)

Alumina Refining Capacity (MTPA)

6.8

6.3

2011

2013

0.85

2.4

2004

2011

2013

1985

Aluminium Smelting Capacity (MTPA)

2004

Captive Power Capacity (MW)

0.46

1,200

0.35

960

0.22

1985

2.28

1.58

4.8

1986

2.10

600

2003

Corporate Presentation

2009

February 2013

1985

2003

2010

20

Capex Plans
Plan XII Expenditure
(Rs. Cr)

3,214

320

3,299
329

2,739

2,638
303
2,343

316
1,139

416

725

1,817

1,187

1,455
1,755

1,711

1,153

1,135
472

FY13E

FY14E
Brown Field projects

Corporate Presentation

February 2013

FY15E
Green Field projects

FY16E

FY17E

AMR

21

6
Projects Completed & Under Construction

Corporate Presentation

February 2013

Project Completed
Location

Capacity

Est.
Investment
(Rs. Cr)

Likely
Completion

Status

Impact on Profitability

Project: Wind Power Phase I

Developed by Suzlon
Stage II forest clearance received
from MoEF in Jun 2012
Capacity allocation agreement
novated to NALCO in Aug 2012

274
Gandikota,
Andhra Pradesh

50.4 MW

(funded from
internal
accruals)

Power

Purchase

Agreement

(PPA) was signed by NALCO

with APSPDCL (DISCOM) on

Commissioned

Will meet about 85% of non-

on 30.12.2012.

solar RPO requirement

22.12.2012.
Commissioning and generation

of

power

was

achieved

on

30.12.2012.

Corporate Presentation

February 2013

23

Projects Under Construction

Location

Capacity

Est. Investment
(Rs. Cr)

Status

Likely
Completion

Impact on Profitability

Project: Utkal-E Coal Project

Environmental Clearance
received in Dec 2009
Prior approval for mining lease
received in Jun 2011 from
MoC
Talcher, Odisha

2 MTPA

338

Disbursement of land
compensation since Apr 2012

Dec 2014

To meet additional
requirements beyond linkage

Order placed for construction

of R&R colony in Aug 2012
Forest clearance and
appointment of MDO in

progress
Project:Wind Power Plant II
EPC contract awarded on
Gamesa Wind turbines Ltd in
Jaisalmer,

Rajasthan

Will meet about 100% of non-

Dec12.
47.6 MW

283

Project work started.

solar RPO requirement

Aug 2013

Contractual completion period

8 months.

Corporate Presentation

February 2013

24

Refining & Smelting Projects

Location

Capacity

Est.
Investment
(Rs. Cr)

Status

Likely
Completion

Impact on Profitability

Project: Refinery 4th Stream Upgradation

Commissioning
Damanjodi,
Odisha

0.525 MTPA
(mining), 0.175

activities
409

Overall project progress 90%.

MTPA (refining)

started on
29.12.2012.

Increased production of
alumina

Project: Amperage Upgradation of Smelter

Angul, Odisha

Incremental
smelter capacity
of 0.107 MTPA

DPR preparation underway

900

EIA being carried out

Enhancement of Amperage

Corporate Presentation

February 2013

2017

Increased production of
Aluminium

25

CDM Projects
Project

Est. Investment (Rs.

Cr)

Estimated annual
reduction in CO2 (ton)

Status

Estimated annual return

on CERs (Rs Lakh)*

PDD webhosted and project is under

Implementation of VFD
in refinery

7,429

validation
Reply to draft validation report (DVR)

10.1

being prepared
PDD webhosted and under validation
3rd party validation report from NPC on
CBD heat recovery in
CPP

3.5

13,113

Specific coal consumption and First of

its kind project has been submitted

17.8

Final validation report from DoE is

awaited
AP wind project

274

85,927

Commissioned on 30.12.2012.

116.8

* @ EUR 2/CER

Corporate Presentation

February 2013

26

7
Projects Under Planning

Corporate Presentation

February 2013

Brownfield Projects
Location

Capacity

Est.
Investment
(Rs. Cr)

Status

Likely
Completion

Impact on Profitability

Project: 5th Stream in Alumina Refinery

Linked to Pottangi bauxite
deposits (reserves of 65 MT)
In-principle approval for mining
Damanjodi,
Odisha

1 MTPA

4,570

lease received from Govt. of

Odisha

Enables second source of

2016

DPR under preparation

bauxite to the alumina

refinery
Expected additional revenue
of Rs 1,800 Cr, additional
PAT of Rs 435 Cr

Project: Captive Power Plant

Applied to OSPCB for consent to
establish in May 2011
Applied to MoEF for
Will meet the power

environmental clearance in May

requirement of 220 KA up-

2011, was considered by EAC in

Angul, Odisha

2 x 250 MW

2,700

Jul 2012, TOR is awaited

Aviation clearance for chimney
construction received from AAI in

2017

gradation of smelter
Potential of surplus power

sale to grid

Jun 2012
Final Power system study Report
submitted by the consultant.

Corporate Presentation

February 2013

28

Greenfield Projects
Location

Capacity

Est. Investment
(Rs. Cr)

Status

Likely
Completion

Project: Alumina Refinery in collaboration with GMDC

GMDC will supply bauxite for 25 years
Kutch Dist,

1 MTPA

Gujarat

(Phase I)

GMDC has offered to own 26% equity in the project

4,065

Project and bauxite supply agreements under finalization

2017

Consultant engaged for preparation of DPR

1500 acres of land under acquisition by GMDC

Project: Smelter & Power Plant

Project cleared by Govt. of Odisha in Sep 2012
Sundargarh Dist,
Odisha

0.5 MTPA, 1,260

MW

16,345

Water allocation likely from Hirakud reservoir

Site is being finalized

2018

Allocation of captive coal block is being pursued

Project: Bauxite Mines & Alumina Refinery
Based on Gudem and KR Konda bauxite reserves (Reserves: 81 MT)
Pre-feasibility report prepared in Jun 09
Visakhapatnam
Dist, AP

4.2 MTPA
bauxite, 1.4
MTPA alumina

6,000

Govt. of India and Govt. of AP recommended for lease in Sep 09

Applied to APIIC for approval of refinery proposal (location, water etc)

Forest clearance awaited for detailed exploration of KR Konda blocks

Soft CSR activities initiated

Corporate Presentation

February 2013

29

Vertical Integration Projects

Location

Capacity

Est. Investment
(Rs. Cr)

Status

Likely
Completion

Project: Caustic Soda plant in collaboration with GACL

MoU signed with Gujarat Alkalis and Chemicals Ltd (GACL)
DPR being prepared by GACL
Dahej, Gujarat

0.2 MTPA

600-800

Critical factors are availability of salt (main raw material) and disposal of
chlorine (toxic by-product)

2016

Favourable factors are availability of salt & ethylene and well-developed

market for chlorine in Gujarat
Project: Aluminium Conductor plant in collaboration with PGCIL
MOU signed with PGCIL in Oct 2011
To be firmed up

0.55 MTPA

200

NALCO to supply aluminium and PGCIL to source conductors from the

JV at mutually agreed price

Feasibility report under preparation

Corporate Presentation

February 2013

30

Diversification Projects (Power)

Location

Capacity

Est. Investment
(Rs. Cr)

Status

Likely
Completion

Project: Nuclear Power in collaboration with NPCIL

11,459
Kakkarpar,

2 x 700 MW

Gujarat

JV incorporated in Mar 12

(NALCOs 49%

Initial equity investment of 26% (Rs 894 Cr) approved by the Board, to

share of equity:

be enhanced to 49% upon approval of GoI through CCS

1,685)

2016

Approval of CCS is awaited for 1st tranche of equity contribution.

Project: Solar Power

Feasibility report prepared
To be firmed up

15 MW

150

Selection of suitable site is underway

2015

Power generation will meet future solar RPO

Project: Wind Power Plant III

Wind data validation done by C-WET.

Capacity and investment would be
Odisha

ascertained in the feasibility report.

Consultant engaged for preparation of Techno Economic Feasibility

Report (TEFR).
Power evacuation arrangement /infrastructure and statutory compliances

2014

being reviewed.

Project: IPP (UMPP) in consortium

Participating in consortium as a lead partner
Discussions held with interested CPSEs for consortium bidding for
To be firmed up

4,000 MW

20,000

UMPPs

RFQ submitted for UMPP Odisha & will be submitted for UMPP
Chhattisgrah (Due Date 3rd April13).
Corporate Presentation

February 2013

31

8
Awards & Governance

Corporate Presentation

February 2013

Recent Awards
2012

Dun & Bradstreets Best PSU Award in Non-Ferrous Metal Category

2012

Non-ferrous Best Performance Award:2011-12 in the category of large integrated plants, instituted by the Indian Institute
of Metals.

2012

IPE- CSR Corporate Governance Award.

2012

Think Odisha Leadership Award for the Education Initiative in Tribal Belt of Koraput organized by the Times of India
Group

2010

Best Listed CPSE Award by Govt. of India

2011

PSE Excellence Award for CSR initiatives by Govt. of India

2011, 2010

National Energy Conservation Award

1998-2011

Top Export Award of CAPEXIL

2010

EEPC (Eastern Region)s Gold Award as Top Exporter in Large Enterprise category

Corporate Presentation

February 2013

33

CSR Initiatives
CSR Policy

Periphery Development Expenditure

Started allocating 0.5% of net profit every year for periphery

development activities since FY99
Doubled to 1.0% of net profit since FY03

Rehabilitation & Periphery Development Advisory Committees

(RPDACs), at Koraput and Angul headed by concerned RDCs,
with local representatives decide all policy and project matters

Further increased to 2.0% of net profit since FY11 (equally split

between periphery development & CSR)

NALCO has contributed Rs 158 Cr since inception for rural roads,

education, healthcare, water supply, community development,
social welfare and environment

Allocation:

40% - Damanjodi area where mines & refinery are located

40% - Angul area where smelter & power plants are located

20% - Other areas

4 schools (DPS and Saraswati Vidya Mandir) are being run at

both complexes since 1983-84, in which nearly half of the
students belong to periphery villages

NALCO Foundation

Project-based Accountability Approach

Set up by the Board in Jul 2010 for CSR activities, to be funded

to the extent of 1.0% of net profit
Focused on development of villages located within 15 km of
NALCOs Mines & Plants in Damanjodi and Angul including
proposed mining areas such as Pottangi (Koraput) and Gudem &
KR Konda (Visakhapatnam & East Godavari districts of AP)
361 tribal & non-tribal children from periphery villages have been
sponsored for education in reputed institutions
Skill development initiatives

Corporate Presentation

February 2013

Shifted away from the earlier donor-based approach

Ensuring participation of the primary stakeholders at the
grassroots in the decision making process

Broad methodology:

Need assessment & baseline survey

Project identification

Selection of implementing agencies

Monitoring and evaluation

Social auditing by independent bodies

Documentation of experience

34

Best Practices in Operations and Corporate Governance

Operations

Corporate Governance

Periphery development through CSR activities

Compliant with Clause 49 of the Listing Agreement

Direct & indirect employment to land affected persons

Compliant with corporate governance guidelines issued by

Government of India

Care for ecology & environment

Sustainability development report published
Energy conservation measures & energy audit
Total Quality Management including ISO 9001, ISO 14000,
OHSAS:18000 & SA 8000 (ISO 50001 under certification)

Additional voluntary initiatives include

Secretarial audit

Daily reconciliation of paid-up share capital

Placing unpaid dividend warrants list on the website

Fraud prevention policy

Transparency in policies and product sales

Adoption of integrity pact
ERP compliant

Corporate Presentation

February 2013

35

Thank You

Corporate Presentation

February 2013