MAHARASHTRA HYBRID SEEDS COMPANY LIMITED

Registered Office :
AddressResham Bhavan, 4th Floor, 78, Veer Nariman Road, Mumbai 400 020, Maharashtra
Tel. No.91-22-30273025 / 30273013
Fax No.91-22-22047871
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SUMMARY
Incorporated 1970/04/04
Registration No. 11-14600
Line of Business Manufacturer, Exporter and Supplier of Seeds.
Status Company is a very well established concern with good track records.
Payments Regular
Litigation Clear
Auditors
Name :J K Doshi and Company, Chartered Accountant
Address:Khetan Bhavan, 198 Jamshedji Tata Road, Mumbai 400 020, Maharashtra, India
Name :Ford Rhodes Park and Company, Chartered Accountant
Address:312/313, Sai Commercial Building, BKS Devshi Marg, Govandi,Mumbai 400 088, Maharashtra, India

FACTORY WAREHOUSE
AddressResham Bhavan, 4th Floor, 78, Veer Nariman Road, Mumbai 400 020, Maharashtra



LEGAL FORM
A closely held public limited liability company

DIRECTORS

DIRECTORS
Name :Mr. Badrinarayan Ramulal Barwale
Designation :Chairman
Address :72-B, Urvashi, Petit Hall, Napeansea Road, Mumbai 400 006, Maharashtra, India
Date of Birth/Age :1931/08/13
Date of Appointment :1970/05/04
Name :Mr. Rajendra Badrinarayan Barwale
Designation :Managing Director
Address :72-B, Urvashi, Petit Hall, Napeansea Road, Mumbai 400 006, Maharashtra, India
Date of Birth/Age :1955/12/12
Date of Appointment :1977/12/08
Name :Mr. Shyamsunder Gopilal Agrawal
Designation :Deputy Managing Director
Address :62, Jolly Maker, Apartment No. 11, Opp. World Trade Centre, Cuffe Parade, Mumbai 400 005, Maharashtra, India
Date of Birth/Age :1940/12/02
Date of Appointment :2003/03/07
Name :Mrs. Usha Brent Zehr
Designation :Whole Time Director
Address :Mahyco Life Research Centre, Dawalwadi, Jalna 431 203, Maharashtra, India
Date of Birth/Age :1961/11/28
Date of Appointment :2000/06/29
Name :Mr. Jerry Brownie Flint
Designation :Director
Address :151, Lorong Chaun, # 06-08, New Tech Park, Singapore 556 741
Date of Birth/Age :1961/09/20
Date of Appointment :2005/05/17
Name :Mr. Natarajan Manakkal Sekhar
Designation :Director
Address :No. 17, Gauri Giridhar Road No. 2, Pestom Sagar, Chembur, Mumbai 400 089, Maharashtra, India
Date of Birth/Age :1953/12/14
Date of Appointment :2007/01/16
Name :Mr. Mark James Deadwyler
Designation :Director
Address :BLK 15, Ardmore Park, # 06.01, Singapore 259 959
Date of Birth/Age :1968/05/08
Date of Appointment :2007/01/16
Name :Mr. Shirish Rajendra Barwale
Designation :Whole Time Director
Address :72-B, Urvashi, Petit Hall, Napeansea Road, Mumbai 400 006, Maharashtra, India
Date of Birth/Age :1982/02/24
Date of Appointment :2008/01/24
Name :Mr. Anupam Amalkumar Bhattacharya
Designation :Alternate Director
Address :17 Devdoot Tower 43, Southern Avenue, Kolkata 700 029, West Bengal, India
Date of Birth/Age :1964/02/20
Date of Appointment :2008/12/02



MAJOR SHAREHOLDERS

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN (As on 29.09.2008)
Names of Equity ShareholdersNo. of Shares
Prema Ramakant Garg260224
Rajur Ganapati Investment and Trading Private Limited641857
Harbhajan Investment and Trading Private Limited619528
Harirani Investment and Trading Private Limited699206
Almet Healthcare Private Limited651376
Monsanto Holdings Private Limited2285754
B R Barwale4
Chittoda Investment and Trading Private Limited632544
Dudhna Investment and Trading Private Limited655059

Names of Preference ShareholdersNo. of Shares
Badrinarayan Ramulal Barwale20
Gomtidevi Barwale Joint Badrinarayan Barwale20
Rajendra Badrinarayan Barwale Joint Sushma R Barwale20
Sushma Rajendra Barwale Joint Rajendra Badrinarayan Barwale20
Shirish Rajendra Barwale Joint Rajendra Badrinarayan Barwale20
Total100

Equity share breakup (percentage of total equity) (As on 30.09.2008)
CategoryPercentage
Bodies corporate84.39
Directors or relatives of directors15.61
Total100.00



PRODUCTS DETAILS

Products:
ITC Code Product Description
120720Cotton Seeds
120991.9Chilli Seeds
120991.9Bhendi Seeds
Cotton Seeds
Bollgard Cotton Seeds
Indian Cotton Seeds
Field Crop Seeds
Paddy Seeds
Wheat Seeds
Bajra Seeds
Maize Seeds
Jowar Seeds
Oil Seeds
Sin Flower Seeds
Castor Seeds
Soyabean Seeds
Mustard / Rape Seeds
Vegetable Crop Seeds
Brinjal Seeds
Okra Seeds
Tomato Seeds
Cucurbit Seeds
Cabbage Seeds
Radish Seeds
Beetroot Seeds










BANKERS

Bankers :
Syndicate BankBackbay Reclamation, Motimahal, Mumbai 400 020, Maharashtra, India

AUDITORS
Name :J K Doshi and Company, Chartered Accountant
Address:Khetan Bhavan, 198 Jamshedji Tata Road, Mumbai 400 020, Maharashtra, India
Name :Ford Rhodes Park and Company, Chartered Accountant
Address:312/313, Sai Commercial Building, BKS Devshi Marg, Govandi,Mumbai 400 088, Maharashtra, India

FINANCIAL INFORMATION

[all figures are in Rupees Millions]

PROFIT & LOSS ACCOUNT
Particulars2008/03/312007/03/312006/03/31
Sales Turnover2622.996
Income from Royalty67.096198.365164.815
Other Income396.79518.70515.598
Total Income3086.887217.070180.413
Profit/(Loss) Before Tax300.402(112.989)(89.074)
Provision for Taxation79.221(65.147)(10.267)
Profit/(Loss) After Tax221.181(47.842)(78.807)
Expenditures :
Material Cost772.596
Manufacturing Expenses232.256
Payments to and Provision for Employees375.83597.16182.223
Administrative, Selling and Other Expenses1230.128114.738
Finance Charges16.59240.94322.669
Research and Development Expenses133.111
Depreciation & Amortization126.73576.11230.379
Voluntary Retirement Costs8.2871.1051.105
Amalgamation Costs24.056
Total Expenditure2786.485330.059269.487
Earnings Per Share(Rs.)
Basic37.74(8.16)(13.45)
Diluted18.87




CAPITAL STRUCTURE

Capital Structure

Authorised Capital :
No. of SharesTypeValueAmount
18400000Equity SharesRs.25/- eachRs.460.000 millions
2000000Preference SharesRs.100/- eachRs.200.000 millions
TotalRs.660.000 millions

Issued, Subscribed & Paid-up Capital :
No. of SharesTypeValueAmount
11721920Equity SharesRs.25/- eachRs.293.048 millions
100Preference SharesRs.100/- eachRs.0.010 million
TotalRs.293.058 millions




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