Investments Limited



Company Profile


Promoted by late Shri G.D.Birla in the year 1934, the Company originally known as Sutlej Cotton Mills Limited, came to be known as Sutlej Industries Limited upto 2005.

The textiles division of Sutlej Industries Limited was demerged and vested effective from 01.07.2005, in a new Company called “Sutlej Textiles And Industries Limited” on a “going concern” basis as per the scheme of Demerger sanctioned on 12.05.2006, by the Honourable High Court of Judicature for Rajasthan (Jaipur Bench) and Sutlej Industries Limited was left with investment activities only. Therefore, after the demerger of the textiles division in the year 2005, the name of the Company was changed from Sutlej Industries Limited to SIL Investments Limited (SIL) w.e.f 21.03.2007.

The Registered Office of SIL is situated at Pachpahar Road, Bhawanimandi 326 502 (Rajasthan).

The core investments of SIL are mainly in Shares, Securities and Real Estate, the details of which are available in its latest audited Annual Accounts(2013-2014).

Subsidiaries:

The Company has one wholly owned Subsidiary namely "RTM Investments & Trading Co. Ltd." & one partly owned Subsidiary namely "SCM Investments & Trading Co. Ltd.", which in turn have one subsidiary company each.

Management:

The management of the company is vested in its board of directors comprising of eminent industrialists, professionals and persons having wide range of industrial experience. Shri Chandra Shekhar Nopany, a member of The Institute of Chartered Accountants of India, is the Chairman of the company. He also holds a master degree in Science of Industrial Administration from Carnegie Mellon University, Pittsburgh U.S.A. He is the past President of Indian Chamber of Commerce, Kolkata. He is also the past President of Indian Sugar Mills Association. The day to day management of the Company is handled by the Managing Director and a team of qualified professionals, ably guided by the committees, contributed under the RBI’s Prudential Norms and Listing Agreement, subject to the superintendence, direction and control of the Board of Directors from time to time.

Capital Structure and Shareholding Pattern:

The Paid up Capital of the Company is Rs. 10.61 Crore divided into 1,05,95,860 Ordinary Shares of Rs. 10/- each. These Shares are listed at Bombay Stock Exchange Ltd.(BSE) and National Stock Exchange of India Ltd.(NSE). The Company has requested the Calcutta Stock Exchange Ltd.(CSE) to delist its shares on that Exchange.

Operation:

During financial year 2013-14 SIL has earned income in the main from rent, dividend and profit on sale of investments. Company will extend business further through identification of promising investment opportunities.

Financials:

The Company posted a profit after tax of Rs. 1181.67 Lacs during the year ended 31st March 2014. Earnings Per Share (EPS) during the year 2013-14 was Rs. 11.15. The Net Worth as per the latest Audited Accounts as on 31st March 2014 is Rs. 16491 lacs comprising of paid-up Equity Capital of Rs. 1061 lacs and Reserves & Surplus of Rs. 15431 lacs.

Future Outlook:

The company operates its business as an investment company, future of which largely depends upon financial and capital markets. SIL has investments in financially sound companies and has immoveable properties in the State of Maharashtra, Uttar Pradesh, etc. and the company will continue to earn good dividend and rent income. The management is optimistic about the future outlook of the company.
WELCOME TO SIL INVESTMENTS LIMITED