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CONTENTS ... 11. As required under the Listing Agreement, the particulars of directors who are proposed to be appointed / re-appointed are given in the Report on Corporate Governance

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Text of CONTENTS ... 11. As required under the Listing Agreement, the particulars of directors who are...

  • CONTENTS

    AT A GLANCE ................................................................................................................................ 2

    NOTICE TO SHARE HOLDERS ................................................................................................... 3

    DIRECTORS’ REPORT ................................................................................................................. 10

    REPORT ON CORPORATE GOVERNANCE ............................................................................. 20

    AUDITORS’ REPORT ................................................................................................................... 44

    BALANCE SHEET ........................................................................................................................ 49

    PROFIT AND LOSS ACCOUNT ................................................................................................. 50

    NOTES FORMING PART OF ACCOUNTS................................................................................ 51

    CASH FLOW STATEMENT ......................................................................................................... 72

    CONSOLIDATED ACCOUNTS .................................................................................................... 76

  • BOARD OF DIRECTORS Mr R BALASUBRAMANIAN Additional Director

    Mr R DAKSHINAMURTHY Additional Director

    Ms GOMATHI SHANKAR Additional Director

    Mr E SELVARAJ Director

    Mr B PRAKASH Director

    Mr S BALACHANDER Managing Director

    STATUTORY AUDITORS M/s. P B Vijayaraghavan & Co.,

    Chartered Accountants,

    New No. 14 Cathedral Garden Road

    Nungambakkam, Chennai - 600 034.

    BANKERS Punjab National Bank,

    Bank of India,

    The Catholic Syrian Bank Ltd.,

    State Bank of Hyderabad,

    The Dhanalaxmi Bank Ltd.,

    The Federal Bank Ltd.,

    Canara Bank,

    Indian Overseas Bank,

    ING Vysya Bank Ltd.,

    State Bank of Travancore,

    UCO Bank,

    Yes Bank Ltd.

    HOLDING COMPANY M/s. Auctus Holdings Private Limited

    SUBSIDIARIES M/s. DFL Holdings & Securities Limited

    M/s. Smartinvest Agency.com Private Limited

    BRANCHES Tamil Nadu, Andhra Pradesh, Karnataka

    REGISTERED OFFICE No 14, Ramakrishna Street, T Nagar, Chennai 600 017

    Phone: 2814 1778. Fax: 2814 1612.

    Email : [email protected] Website: www.dflfinance.com

    CIN L65921TN1986PLC013626

    LISTING BOMBAY STOCK EXCHANGE LTD.

    REGISTRAR AND M/s. Cameo Corporate Services Ltd,

    TRANSFER AGENTS No.1, Club House Road, Chennai – 600 002

    Phone: 044-28460390

    DFL Infrastructure Finance Limited

  • 2

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  • 3

    NOTICE TO THE SHAREHOLDERS

    Notice is hereby given that the Twenty Eighth Annual General meeting of the Company will be held on

    Friday the 25th September, 2015 at 10.00 A M at Balamandir German Hall, (Unit of Balamandir Kamaraj

    Trust), No. 17, Prakasam Street, T Nagar, Chennai 600 017 to transact the following business:

    ORDINARY BUSINESS

    1. To receive, consider and adopt the Audited Balance Sheet as on 31st March, 2015 and the Profit &

    Loss Account for the financial year ended on that date together with the report of the Board of

    Directors and Auditors of the Company.

    2. To appoint a Director in the place of Mr. Bakthavathsalu Prakash (DIN: 01978381) who retires by

    rotation and being eligible offers himself for reappointment.

    3. To appoint the statutory auditors to hold office from the conclusion of this Annual General Meeting

    till the conclusion of next annual general meeting and fix their remuneration.

    "RESOLVED THAT in accordance with applicable provisions of the Companies Act, 2013, and the

    Rules made there under (including any statutory modification(s) or re-enactment thereof), the auditors

    M/s. P B Vijayaraghavan & Co., Chartered Accountants, (FRN: 004721S) Chennai, be and are hereby

    appointed as Auditors of the Company to hold office from the conclusion of this Annual General

    Meeting until the conclusion of the ensuing Annual General Meeting on a remuneration to be fixed

    by the Board of Directors."

    SPECIAL BUSINESS

    4. To consider and if thought fit, to pass with or without modification(s), the following resolution as an

    Ordinary Resolution

    RESOLVED THAT Mr. Dakshinamurthy Radhakrishnan (DIN : 02004072), who was appointed

    as an Additional Director with effect from 15th April, 2015 by the Board of the Company in

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