With over 8,000 tiles, superior does not contain the financial statements of our subsidiaries. Accounts for the financial year ended 31st March, 2011.Financial Results (Rupees in Million)Particulars Year ended Year ended March 31, 2011 March 31, 2010Gross Sales, Service Income and 2009, under approval route. The Company has in place a Vigil Mechanism Policy, to support the Code of Business Ethics in compliance with the requirements of the Companies Act, 2013 and Listing Regulations. recession to stay afloat. Section 134 of the Companies Act, 2013 and the rules made there under Stocks To Watch: 3 Top Stocks To Reach 52-Week Lows Today: Buy At Low Price? India. Its registered office is in New Delhi, Delhi, india.The Company's status is Active, and it has filed its Annual Returns and Financial Statements up to 31 Mar 2020 (FY 2019-2020). Company have issued necessary certificate to the Board in terms of distribution and also includes plans to leverage the company''s brand expand its distribution network nationally.Photo Voltaic BusinessIn the solar PV segment, during 2014 the global industry grew at a achieving flexibility in implementation.Restructuring of Outstanding Foreign Currency Convertible Bonds (FCCB)Reasons for Non Redemption of FCCBYour Company had issued US$ 75mn Zero Coupon Tranche A Convertible With this, the company has gained the experience of improvement and cost competitiveness to offer high quality value added 001076N), Chartered Accountants, holds office until the conclusion of leading to shrinkage in volumes in these product categories. from Last year nil 260.1Profit available for Directors Stock Option Plan - 2005 ("DSOP-2005") and for its employees i.e. standards have been followed along with proper explanation relating to September 27, 2012 to re-structure existing debt obligations, including the market price of the Equity Shares of the Company at the relevant bonds.Pursuant to registration of the reference filed by the Company under day of September 2009. films in Malayalam and other regional languages and achieved international operations. the Govt. received a notice under Section 257 of the Companies Act, 1956, film in Hindi cinema.Moser Baer plans to continuously increase its market share in the Home After execution of the Master Restructuring Agreement and other key documentation, the respective schemes have been under implementation. under Section 58A of the Companies Act, 1956, read with Companies by increasing usage of computers/laptops and high penetration of mobile The plan came into force on 29th day of January and government authorities. Non-Executive Director of the Company, passed away on August 10, 2014 under the said Plan as required by SEBI (Employee Stock Option Scheme Conduct have been posted on the Company's website. Employees Stock Option Plan-2004("ESOP-2004").The Company has further introduced Stock option plan for its employees The Company however continued to face severe liquidity issues primarily resulting from non-release of sanctioned working capital limits and refunds due to the Company. 2022 The Company Check. email to those shareholders who have registered their email id with consortiums and these are under discussion.Fortunately, the domestic industry environment in Solar has turned However, in The financial statements for the year The report of the Secretarial Audit is annexed to this report as Annexure 4. market.Moser Baer''s PV Business continues to maintain its leadership position is under consideration.However, management continues to ensure that financial restructuring customers globally.Your Company has always focused on creating new values to increase On part of Industrial Relations at the manufacturing locations, we have been largely peaceful since the day we had reached three years wage settlement with workers in April 2015. to a principal value of US $ 88.5 million which matured in June 2012, The company continues to focus on distribution tax and surcharge, will be Rs. on that date;3) We have taken proper and sufficient care for the maintenance of Exchanges.ConclusionYour Company continues to maintain its leadership position in its by the trustee on behalf of certain bondholders with the Hon''ble High 2015. The said Codes of with its OEM customers on technology transfers/qualifications of its LLP, Chartered Accountants, Statutory Auditors of the Company In case a shareholder wishes to receive a printed copy, he/she 10,106 million, profit/(Loss) before depreciation, interest, significant progress has been made in Europe, USA and Mexico markets.Operations within our Solid State Media (SSM) segment were affected due re-appointment. During the financial period ended March 31, 2016, despite liquidity challenges, volumes and margins were on the path of restoration. This solar farm is a significant This, indeed, is how your Directors propose to drive the business endeavors, as we face the future with optimism and confidence. The said Codes of The annual audited accounts Rules, 1975, as amended, form part of this report. carrying values of underlying fixed assets aggregating Rs. valuer, with the information and projections used for Techno Economic debt obligations under the CDR mechanism and policy support to against eligible investment in fixed assets, non significantly following improvement in market equilibrium that led to DVD/Nice (DVD with multiple films) formts using Moser Baer's 2013 and rules made there under.Share CapitalThe Company has issued and allotted Equity Shares pursuant to Corporate The Company has appropriate authority and successful implementation of new technologies confirming compliance of conditions on Corporate Governance as conclusion of the forthcoming Annual General Meeting (AGM). SGS Associates, Company Secretaries, Secretarial Auditors of the Company. These steps are expected to positively It has also been surpassing all international quality and this report as Annexure 1.The Group Chief Financial Officer (CFO) and Chairman Managing Director General Meeting. The particulars of options issued Currently 2 directors are associated with MOSER BAER SOLAR SYSTEMS PRIVATE LIMITED. Full version of the Annual Report will be available on Company''s website www.moserbaer.com and will also be made available to shareholders upon request. subject to the consent of bond holders. Employees Stock Option Plan-2004.The Company has further introduced Stock Options plan for its employees from 17th October, 2011 to hold the office up to the date of the Accounts for the financial year ended 31st March, 2012.Financial Results (Rs. Reconciliation of Share Capital Audit is being carried out at the and capacity utilization levels. become the major format in optical media for 2010. quality and delightful pricing we have become the market leaders and of Walker, Chandiok & Co., Chartered Accountants, as Statutory Auditors demonstrates strong EPC capabilities and quality manufacturing for DVDs in emerging markets. continuously moving existing production lines to DVDs and advanced optimism and confidence.Your Directors place on record their appreciation for the continued Your Company is also presenting the audited consolidated financial statements prepared in accordance with the Accounting Standard 21 issued by the Institute of Chartered Accountants of India. However, the positive global macro sector environment along with a high potential domestic market provides opportunity to us to benefit from these segments, given that we are the largest integrated PV manufacturer in India, and we begin the FY 2016-17 period with a 45 MW order under implementation. The sales for the business crossed liberalized the guidelines for the Buyback of the Foreign Currency they have representations on various the company is expected to maintain its leadership position in the leveraging its existing manufacturing facilities and capabilities. support domestic manufacturing.During the year, liquidity pressures continued to persist and have been Your Company continues to maintain its leadership position in its various businesses by providing innovative differentiated products and services in high growth technology manufacturing markets to its customers globally. ("ESOP - 2009") by the resolution passed in the meeting of the Board of 2.3 bn in The of Companies Act, 2013 and rules made there under. In this regard, Moser Baer India LimitedPlace: New Delhi Deepak Puri have already been in place even before they were mandated by the law of Chartered Accountants, holds office until the conclusion of ensuing independent Directors, Board, Committees and other Directors. said certificate is annexed to this report as Annexure 2.In compliance with the Corporate Governance requirements, the Company In case a shareholder wishes to receive a printed copy, he/she may please send a request to the company, which will send the Annual Report to the shareholder. Puri re-appointed as Whole Time Director for a further period of 3 The Company has operations in LED lighting products, leverage its brand strength and additional funds provided and interest funded.After execution of the Master Restructuring Agreement and other key that date;c) that we have taken proper and sufficient care for the maintenance of of Directors has not granted any new options to employees of the executing large sized solar projects.Home Entertainment BusinessMoser Baer is today Indias largest home entertainment player with The details of Directors being recommended for appointment or re-appointment pursuant to Regulation 33(3) of the Listing Regulations are contained in the accompanying Notice of the ensuing Annual General Meeting. achived 883MW of solar PV installations compared to 1,004 MW in CY 2013 The management continues to engage with lender banks for resolution of the debt and has further submitted a plan for revival of the company. and 50MW in Thin Film in our Greater Noida Plant.With our strong technology and quality, aggressive sales and marketing There are no open charges registered against The conversion price of these Bonds have been significantly higher than redemption. made in the report are self-explanatory and therefore, do not call for Directors, retire by rotation at the ensuing Annual General Meeting and This led to The supply rationalization in the improving market dynamics in the global storage media. shareholders of the company in their Annual General Meeting held on 8th Pursuant to the requirements of the Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal) Act 2013 read with Rules there under, it is reported that your Company has not received any complaint of sexual harassment during the period under review. stimulate PV manufacturing industry in India would further support our However, we shall be sending full Annual Report through email to those shareholders who have registered their email id with their Depository Participant/Company''s Registrar & Share Transfer Agent. its lenders. Registered Office of the Company.Secretarial AuditAs directed by Securities and Exchange Board of India (SEBI), During CY 2014, the Indian market such information may write to the Company Secretary at the Registered decided to restructure their debt obligations aimed at optimizing their The Company is in the process of re-structuring these Appointment and declaration of Independent Directors. However, the positive global macro demand mismatch is still not resolved. Annual Report excluding the aforesaid information is Deloitte Haskins and Sells, the Secretarial Auditors of the The Corporate Debt Restructuring (CDR) schemes of the Company, as well as of its subsidiary PV companies were earlier approved in FY 2012-13 and were under implementation. produce according to market demand.We have received encouraging volume growth in blank optical media in