0$'1&2*)&,2' 3!!145 announcements...7#()*+#,#)'&84+$15)*&90+)...
TRANSCRIPT
!"#$%%&'!()*$#+(,'-.)(/()&0$'1&2*)&,2'3!!145!"!" #$%&'()*+!+!
!!
!"#$%%&'!()*$#+(,'-.)(/()&0$'1&2*)&,2'3!!145'!"#$%&$%#'(#)*+,-./#012#3-4566!#7#893:;< ;-4=5">#"?,,6!54#*@#,45+!?+#1#;AB#5C>54!*4#;!=D>!.= !.#:.E!-!
< 9+*.=">#>D5#>*,#F#"?,,6!54"#!.#AC>54!*4#9?>*+*>!G5#;!=D>!.=#7#9!4#:.>-H5#3-.!@*6E#@*4#I-""5.=54#J-4" #
, -./()0.1.(2*$30%&4()*'50(*5$)&00*6500(78()*$5)*#9:0
, ;%)&78*<=*65)%7()*> !"#$%$#&'()*&+,#&-+)?-./.0.&7*&1*:5)(@@.AB ;($&72*C5)8(0%*D@&'5@*(E%().&)*F3%&4&%./(*C.8G%.78*:5H()
B C(52()*.7*I77&/5%.&7*572*J(K*L($G7&@&8M*F2/57$(4(7%0
!!"#$%&'()*$+)&,)'$-.$/0*1%1*-2)$+-34*-.3$-.$#.,-&
!""#$%&'#(&'()'*&+
NO P37(+O ;57572QO R5K5@SO P37(B+TO P37(*>-(0.87*U(7%()
!"#$%%!"#$%&!!'
.(/0)*/%12 3(/4)*/%12)5)6%/77)*/%12
8#,(42
&'( )*( +(
!"#$%&'#()*+#,#)'&-*)+)./)&0/*1++&2)3&04$151$#()&/64+$)*+
!,$%!"#$%&!!'
U30%&4()*C&$5%.&7
::CI*C&$5%.&7
!"#$#%&'(&#)%&$*#&('+*&,$-+($.#+*/-0&1-/#2&#'&3$#%*&3+2#'4%*&
5%6+/*%4%-#78()(*
+
,-.
!"#$%&'!"#"#$%&'()'*)+%,)#-'.$$%$$/%)+
!"#$%%&'!()*$#+(,'-.)(/()&0$'1&2*)&,2
""
KL
KMFL
KMNL
OMPL
KL KMKL
KMQL OM%L
RSK% RSK$ RSKQ RSO%
T5-E#;-+,
U5-4#;-+,
521+0*-1.$6').,7$8 9'1%$:1%%1,-*;$*1$6)<4.1+13;-./01,234567/48! 910:8454;<,234567/48
!"#$%&'&()*********************+",-./"0*****************************12(%,-./"**1-)'2%(
!"#$%&'!"#*)+%,)#-'.$$%$$/%)+'0#$%&'()'1%,+#2)'1#,'/(&%-$
!"#$%%&'!()*$#+(,'-.)(/()&0$'1&2*)&,2
##
:1%=)*-*-2)+;$=+&<),$*1$-.<')&7)$2&+0)$>-*4$).4&.<),$"5?$=).)*'&*-1.
"#$%&'()*+,-.&.
/$%-#0.12$-03-4567
85*-'014$#)'5#(71)44&9&5'6
:&(,6.
2&.&'(;<6$*$=&>5?#$0<96&$'
@&(,19$.61$41:)8
)*5#(&'("$A5#'*5'625(<>-6&$'
=>?@07/8;,A@074.
BC!CD!! BCBCDB!
6788!A?4*,5#
T-6*=5.#N%VL5.*.#KQV&O%V
B2C,!"(
6767$:.E!-
T-6*=5.#PNVL5.*.#OVB2C,D%(
6767A?4*,5
T-6*=5.#K%VL5.*.#$V
B2C,$&(B
6787$T-6*=5.#QOVL5.*.#NV
B2C,!%E %F"(,3(,%4'5#$/&./'6"#7
!"#$%&'89 -.)(/()&0$',$:+';.#(<$='>$?'@A8@='-#)&6%$')&)%$B'C-.)(/()&0$'1&2*)&,2'+$$+'D./<'&,'1;E'.<)"F$'G(#';.#(<$'&,'@A@AH@9 I(%%"?(#")(#'J,G(#/")&(,'K9 J,)$#,"%';+)&/")$+
!"#$%%&'!()*$#+(,'-.)(/()&0$'1&2*)&,2
$$
9-'7*$!12)'$-.$6)<4.1+13;$/,1=*-1.$-.$#.,-&$+)2)'&3-.3$1.$74-@*$@'1%$<1.2).*-1.&+$*1$"5?$+-34*-.3!
O%KK R!4">#W-!6#;-+,#2!>D#8H!.1XG546-/#3*6E!.=#W5)D.*6*=/#:.#:.E!-#Y !"#"$%&!'%()
O%KF R!4">#;*)-6!Z5E#T-6*=5.#I4*[5)>*4#0-"5E#T5-E#;-+,##Y!"#"$%&!)%*+,-.
O%KF R!4">#;AB#;!=D>#J?4>-!.#0-"5E#W-!6#;-+,#Y /0/&12,%)3&1%42
O%KP R!4">#;AB#;!=D>#\?!E5#0-"5E#;*)-66/#B5G56*,5E#T5-E#;-+,#Y!"#"$%&5,2##-
O%K%&K$+ "?,,6!54#!.#:.E!-#>*#,4*G!E5#+?6>!)*6*4#]^#3*6E!.=
6767 R!4">#;*)-6!Z5E#W2!.#I4*[5)>*4#3*E?65#R?66#;AB#T;#Y
!"#"$%&1%)-,-&5,2##-
O%K_ `!#T-6*=5.aT`Fb#-.E#`!#T:BaB$8b#3*E?65#0-"5E#T5-E6-+,#cO^#T5-E#;-+,#;5."& 6227&8397-::
O%KN T*+*=5.*?"#U5-4#6-+,#2!>D#R5.E54##cW4?.H#!.#;AB#2!>D#R45".56#;5."#W5)D.*6*=/& !"#"$%&8;<=
O%KQ 8>-.E-4E#;AB#R*=#;-+,
O%O% R!4">#>*#;-?.)D#B5&+5>-66!Z->!*.#>5)D.*6*=/#!.#;-+,"
O%KP ;AB#;:\TW#`9U#0-"5E#W-!6#;-+,#)*.)5,>#Y >2*-"?)&@":)2,
!"#$%&'!E1L"+$B'(,'J,)$#,"%'-++$++/$,)
!"#$%%&'!()*$#+(,'-.)(/()&0$'1&2*)&,2
%%
!!"#$A 6)<4.1+13-<&+$),3)$@1'$@0*0')$&,2&.<)%).*7BB$$
3%4+'5%)%,#+2()'67--'89:'+%1;)(-(<='+('8#+%$+'#%$+;%+21$'>%#,'$%&"!%'&()*+!,-.
9%(4+&-+ :4(-0 ;;*< =4(1/4(0-(22 >$%%(-#2
V5@&8(7*%&*C9- ! +OT*> QO!E*6).$(*.7$)(50( .7*@50%*T*M(5)0*1)&4*V5@&8(7*%&*C9-*C5460
;.875%3)(*C.8G%.78 ! #9:*52&6%.78*;.875%3)(*65%%()7*1&)*')572*)($&87.%.&7*572*23(*%&*%G.0*$&7%(7% .7*@5460*5)(*.7$)(50.78O
:3@%.6@(*@5460*$&7$(6%0 !W.%G*J(K*;%[email protected]*#9:0*5)(*522.78*43@%.6@(*@5460 (8O*I7*Y)&7%*@.8G%.78*?V(52*C546X*-ZCX*Y#DX*L3)7*I72.$5%&)AX*I7*Z(5)*C.8G%.78*?R&2M*C546X*13@@*'&2M*L)37H*C546X*R346()*@546*(%$OA
97%)M*&1*7(K*$30%&4()0*K.%G*C9- ! C&$5@.[(2*R.*C9-*\*:&7&*C9-*4&23@(0
;.875@@.78*Y37$%.&7*368)52.78*%&*C9- ! C&[email protected](2**9@($%)&7.$0*;&@3%.&7*1&)*;.875@@.78*Y37$%.&7*
/0%123450%61"6#
"#$%&'()*'+,-.%'/.0'12/,'(&34%&.3''5-,')$26%,&6/$'724&6$2
"?@*'.2,'2)+#A%'B#)2C(-&
89""#$%&:$2';<79'89"
"#$%&:$2':,-=26%'>&%4'+#$$'()*''+,-.%'?'12/,'(&34%&.3'<@A%2B
(-6/$&A20'()*'<-$#%&-."#$%&'()*'C,-=26%-,'
!"#$%%&'!()*$#+(,'-.)(/()&0$'1&2*)&,2
&&
7#()*+#,#)'&84+$15)*&90+)
C0==+-)'$1@$:41-<)$@1'$&++$!&D1'$E5!7$-.$#.,-&
7 89*7 8%017 :;7 <%=167 ;6>?=1067 ;6024? @2A2B?7 /@*7 ,!=62$45C?''6=7 @B%165D%$B'E6F!=7 @2A2B?7 (6465;%4%0'7 (%&%46
!"#.)&'9.:.;&
!"#$%&'(!)""*+,(!)""'%#+(-.&+/(0
1234
5#6,(!)""'%#+(78#+(&''(9#+:*+;&<$#((-.&+/(=
123>
5#6,(!)""'%#+((?#6%@<(A(?#8#'*";#<,((-.&+/(=
123B
78#+&''(9#+:*+;&<$#(!)""'%#+(-.&+/(
123C(
5#6,(!)""'%#+((?#6%@<(A(?#8#'*";#<,((-.&+/(=
123C
<=>?
D3(!)""'%#+(-.&+/=9)<#(123E(
D3(!)""'%#+(-.&+/=!&<&</123C
@-@-
5#6,(F*6,(F*;"#,%,%8#(!)""'%#+(-.&+/(0
123C
5#6,(?#6%@<(A(?#8#'*";#<,(!)""'%#+(
-.&+/(=1234
5#6,(?#6%@<(A(?#8#'*";#<,(!)""'%#+(
-.&+/(=123>
AB
GH((-C3= +&,%<@((D)&'%,I(!)""'%#+(-.&+/(123J
<C-
5#6,(D)&'%,I(!)""'%#+(-.&+/(=
123>
5#6,(?#8#'*";#<,(!)""*+,(!)""'%#+=1212
D9-E(,F"
5#6,(!)""*+,(!)""'%#+(-.&+/
:*+(?#8#'*";#<,(=123C(
5#6,(!)""*+,(!)""'%#+(-.&+/(:*+(&:,#+(6&'#(=
123C(
5#6,(!)""'%#+(!%'8#+-.&+/(:*+(F*6,=1212(
G!
5#6,(D)&'%,I(!)""'%#+(-.&+/(=123>
5#6,(D)&'%,I(!)""'%#+(-.&+/(=123B
5#6,(D)&'%,I(!)""'%#+(-.&+/(=123J
!H!
5#6,(?#6%@<(A(?#8#'*";#<,((-.&+/=K%+6,(LM?(NFL(:*+(OAO
>$,".%)'I&++",
5#6,(P#.(L&)<$Q(!)""*+,(((-.&+/(123B
G48H/H7187,9.@0I,J104.K,
4L,M/;:,-1.L4.>@801
3M$4'6.+)(/$#+'(,%4='&,'"%<*"?$)&6"%'(#B$#7
!"#$%%&'!()*$#+(,'-.)(/()&0$'1&2*)&,2
''
!"#$%&'(%)%*"!"#$%&#'()*)+,,
UG5)%()(2*F$$&37%57%9E6)(7$(B+!*](5)0:&%G()0&7BN"*](5)0
7/A/.%'"/$#.=D/,
!-.'()/#.&)0.'.'&
<,&04/,'*2A4B#D4
!-.'()/#.&)!1'# </,E2A4'1/#%23!),4#".(%5'$ +,%-%.'/$%0"%
,-.5<!615+?F>4?=F
1%$2#$'(34%,,-.5;6=6F!05/%E!0406?=5
/&%-56'7%&.%06,29()
89:;8<=:>'18>?:<77@<D/5(!3>=%$%F&
1/34E2.0,/'7/,-%2!-.'()/#.&)6.7.-
>%A'+%0"&!"5&18()91.-%(:)0";)<=)
B'D%1;'ED((-':%$2<)'#)&'B#)7C#1+7,2)<94F%,+'2)'.&G#)1%'94+%,2(,'H,(&71+':%$2<)I'F,(&71+'D((-2)<'J2+;'D(+#-'94F%,2%)1%'(C'!K'L%#,$B(+;%,$()M!N L%#,$OP(,A%& J2+; D.D. @2$+%() C(, K L%#,$O
"'D%1;'EB%1;#)21#-H(J%,+,#2) *)+#A% Q 5: QD 94F%,+J2+; D(+#- 94F%,2%)1% (C !R L%#,$OB(+;%,$()M!S L%#,$OP(,A%& J2+; ?F#1( T#,07,%+(,$C(, U L%#,$O
1%-6B'(3A%,@D/5;60B!4?=F"'D%1;'EB%1;#)21#-94F%,+ 2) T(//%,12#-$ J2+; D(+#-94F%,2%)1% (C SV L%#,$B(+;%,$()M!R L%#,$P(,A%& J2+; ?7W7A2 X#F#) Q B#,7+2?7W7A2 C(, !! L%#,$
1%-"#$'C3D0%98)
T;#,+%,%&'.11(7)+#)+'Q'T?94F%,+'2)'T(,F(,#+%'62)#)1%'#)&'D#4#+2()Y'.11(7)+$Y'
.7&2+Y'#)&'*)&2,%1+'D#4'8#J$'J2+;'+(+#-'94F,%)1%M!Z'L%#,$B(+;%,$()M['L%#,$
8%#&'.7&2+(,'C(,'K'L%#,$'J2+;'9LB".'#)&'"O9O'EB%1;#)21#-94F%,+'2)'?\.'Q'H,(1%$$':%G%-(F/%)+'#)&'J2+;'D(+#-'94F%,2%)1%'(C'SN'L%#,$B(+;%,$()MZ'L%#,$OP(,A%&'J2+;'5B'"]?T^'Q':%-F;2'C(,'!V'L%#,$O
/.(0.(12,3"4'%345067,8!(%'($,4'(!,3"'%9:,+(4';(
<7,84!%='+(24'4&,-,'!(>%!"(?=!45(067,8%,'3,(=@(#A(B,48+2=!",8+='C#D(B,48+.
E=8F,;(>%!"(2,83,;,+(/,'G(H(I=',*>,55(@=8(A(B,48+.
/(.(0.(12,3"4'%345067,8!(%'(J8=K,3!(H(J54'!(24'4&,-,'!(
>%!"(?=!45(067,8%,'3,(=@((LM(B,48+2=!",8+='C#D(B,48+.
E=8F,;(>%!"(?N?N(O%+!,='(H(?NP<(@=8((#M(B,48+
2/N(<7,84!%='+(H(/0(2,3"4'%345
067,8!(%'(J54'!(<7,84!%='(4';(P=4!%'&(J8=3,++(>%!"(
?=!45(067,8%,'3,(=@(#Q(B,48+2=!",8+='C#L(B,48+.
E=8F,;(>%!"(?N?N(O%+!,='(@=8(L(B,48+.
JR((1 J54+!%3(J8=3,++%'&067,8!(%'(?==5+(S,+%&'T(H(754'!(<7,84!%='((>%!"(?=!45(067,8%,'3,(=@(LD(B,48+2=!",8+='C#D(B,48+.
E=8F,;(>%!"(U%';,8T(J"%5%7+(@=8(#D(B,48+.
B#$+%,$'2)''B#)7C#1+7,2)<'Y'"O9''B%1;#)21#-94F%,+'2)'H,(&71+':%$2<)'Y'D((-':%$2<)'J2+;'+(+#-'SU'=%#,'(C'%4F%,2%)1%OB(+;%,$()_'`'L%#,$.7+(/(+2G%'-2<;+2)<'_
((
M);$6&()A&>&;7
NNB=,:@H,O118,7:1,L@H71H7,;.4P/8;,@674,5/;:7/8;,Q6??5/1.,/8,=8K/@,431.,7:1,5@H7,&,<[email protected],467E?1.L4.>/8;,7:1,=8K6H7.<,;.4P7:
B40@5/H1K,C1H/;8,Q4567/48H,P/7:,R6/0I,H6??4.7,74,06H74>1.,.1R6/.1>187H
S54O@5,T001HH,74,5@71H7,7.18KH,7:.46;:,T674>47/31,B/;:7/8;,P/7:,@;.11>187,74,540@5/H1,O@H1K,48,06H74>1.,.1R6/.1>187H
B/;:7/8;,?.4K607,74,0487/861,7.18K,4L,O1/8;,@,710:8454;<,?.4K607,P/7:,/80.1@H1K,L406H,48,H@L17<,@8K,3@561,@KK1K,H/;[email protected],H7<5/8;,[email protected]
U8,7.@0I,74,/80.1@H1,H:@.1,@8K,>@/87@/8,?.4L/7@O/5/7<
!"#$%%&'!()*$#+(,'-.)(/()&0$'1&2*)&,2
Marelli Motherson Auto Suspension Parts(MMAS)09th October 2020
)!)!
6-%)+-.)$-.$N'-)@OO
:;;< :;=: :;=> :;=? :;:;
=.>'#(%)=."#--%)$(."(#&)?'&%.')54#".(%5')@5")A.'[email protected](1"%'>)0B58C)2D$5"D#"$)%')?'&%.)%')E3)7%(B)F'&1".'8#
F'&1".'8#)#G%(#&)(B#)E3).'&)=."#--%)(55C)5H#")IJJK)85'("5-
,')"#L1#$()D:)=.>'#(%)=."#--%M)=5(B#"$5')D51>B()NJK)$B."#)%')$B58C).D$5"D#")D1$%'#$$
/#'8#).)E3)7.$))@5"A#&)ONJPNJQ)(5)$1445"().'&)>"57)(B#)D1$%'#$$)7%(B)=5(B#"$5'
,4#".(%5'.-)85'("5-)(".'$@#""#&)(5)=5(B#"$5'
==20)(1"'#&)."51'&)@"5A)'#>.(%H#)8.$B)4"5@%(
==20)85'(%'1#$)(5)75"C)5')H."%51$)54(%A%R.(%5')85$()A5&#-$)(5)%A4"5H#)%($)S#H#'1#$).'&)F6?TU2)
!"#$%%&'!()*$#+(,'-.)('N.+<$,+&(,'5"#)+
)")"
;60!$$?5;%4>!0'%=5*24%5@2'#!='?%=5/604'5G;;*@H5?'5IJK IJ5LD53%"#6=&5MNE5;60!$$?5-5@*;O+
!&')++-$!1*4)'71.$/0*1$C07=).7-1.$P&'*7$G!!/CL
N@86L@076./8;,A447?./87NO I72.5\P37(
Q@51H,A447?./8789 J,B&"
@9 5(%",B
K9 J)"%4
O9 PN-
Q9 -.+)#"%&"
R9 J,B(,$+&"
S9 !(#(66(
T9 L#"U&%'3>.).#$'N.<<%47
!D)%!"#$%&!!'
()(*
+
"%
6,$?@)!A2$4A(4
6#4"#!22(%A7B
C/2)*&D#(4
6#((4&-+E/%1(4
V E3)7%(B)=."#--%)S%&#)U:'.A%8$)&%H%$%5'M).)W0)X)I)6%--%5')-#.&%'>)4-.:#")%')$B58C).D$5"D#"$).'&)$1$4#'$%5'$)7%(B)IN)4"5&18(%5')$%(#$)>-5D.--:
,-.
!"#$%%&'!()*$#+(,'-.)('N.+<$,+&(,'5"#)+
)#)#
60'.&'10.,$=17*$&<Q0-7-*-1.$A !!/C$>)++$=+&<),$@1'$@0*0')$3'1>*4
/0%123450%61"6#
F2G%'H2.2,/%&-.'+,2I#2.6@'*2:2.02.%'7/$E2'5-,'&B:,-E20',&02'6-B5-,%'/.0'F7J
F2G%'H2.2,/%&-.'K-B:-A&%2'K/,L-.'+&L,2'<:,&.3'<2/%'5-,'$&34%'>2&34%&.3
F2G%'H2.2,/%&-.'<2B&M/6%&E2'<B/,%'*/B:&.3'K-.%,-$'>&%4'#A2,'A2$26%&E2'-:%&-.
>F)GHIJV Y%A%(#&)+1$(5A#")D.$#)%')+3).'&)!3
>F)GHIK)L>F)GHIM
V 28L1%"#&)'#7)5"&#"$)@"5A)4.$$#'>#")8.").'&)85AA#"8%.-)H#B%8-#).'&)B#.H:)85AA#"8%.-)H#B%8-#)$#>A#'(V 2@(#"A."C#()-%D".":)%A4"5H#A#'().8(%H%(:)%'%(%.(#&
>F)GHIN)L>F)GHGH
V +3)$#>A#'()#G45"()$(."(#&).-$5)!3)$#>A#'()'#7)5"&#"$).8L1%"#&;V 2&&#&)#G45"()A."C#($)%')=5"5885).'&)W02V FG(#'$%H#)75"C%'>)%')-58.-%R.(%5')(5)%A4"5H#)4"5@%(.D%-%(:).'&)D1$%'#$$)85A4#(%(%H#'#$$)
!"#$%%&'!()*$#+(,'-.)('N.+<$,+&(,'5"#)+
)$)$
B*+5">!)$PVAC,*4>"
]]V
C/31.H/L/1K,G6H74>1.,V@H1
C0==+-)'$1@$:41-<)$@1'$&++$!&D1'$E5!7$-.$#.,-&
Q@51H,Q?5/7,WAX,)%Y
9.@0I,J104.K,4L,M/;:,-1.L4.>@801
JKL(#)')('M$'!"N(#'2#(O)*'F#&0$#'P @"LL&,2''.,$KL%(#$F''/"#;$)+'2%(M"%%Q'&,'CA+R'9&2,&S&T",)'(LL(#).,&)Q'&,'4,F&",'"S)$#/"#;$)
! d!""-.! I89! U5.-?6>! W->-#3*>*4"
2Z?4.7,G6H74>1.H C4>1H7/0,G6H74>1.H
!"#$%%&'!()*$#+(,'-.)('N.+<$,+&(,'5"#)+
! B->"?.! RJ9! \3! 354!>*4! I-))-4! I89! U5.-?6>
! 9"D*H#;5/6-.E! B-)!-! B->"?.! A!)D54! RJ9! :"?Z?! '-!! 3-4?>! 8?Z?H!
)%)%
R&7$N&+&.<)'$!&'()*$C4&')$#%='12)%).*$12)'$*4)$;)&'7
3$<#951L"+$B'(,'J,)$#,"%'!"#F$)'N.#0$4
!"#$%&' !"#$%&( !"#$%$% !"#$%$& !"#$%$$
PQR5
RSITI5 RSIUR5RSVJI5
RSWWJ5
ZK[K [K
\JK\NK
!"#$%&
"$'()*
%+$,*(-".'*#()
/,01
*(+2(324+"(567
778
!"#$%&'()*%
!!+(
Y]*+!NT::F;*;#R*K50*5%*Q^
Y]*+!N":5)H(%*;G5)(*&1*_^*
0366@M
Y]*+!+!#)2()*5$`3.)(2*372()*
2(/(@&64(7%O
;#P*0%5)%*%&*.46)&/(*:5)H(%*0G5)(*%&*+!^O
Y]*+!++Y3)%G()*.46)&/(4(7%*&1*;#R**%&*+T^*K.%G*
6&%(7%.5@*8)&K%G
C(,S&#/$F'U.+&,$++
!"#$%%&'!()*$#+(,'-.)('N.+<$,+&(,'5"#)+
)&)&
C*'1.3$&.,$)F=)'-).<),$%&.&3)%).*$&*$*4)$4)+%
*"6=5X>64=6F609))
5(+)'V#"B.")$'&,'5%"+)&6';,2&,$$#&,2='E&<%(/"'&,'>&,",6&"%'!","2$/$,)9'
W()"%';X<$#&$,6$'Y @R'Z#+9!()*$#+(,';X<$#&$,6$'[ @O'Z#+
<"0"-'C%-E%*$%,!"#$%&'()
:;V#"B.")$'3!$6*",&6"%';,2&,$$#&,27
W()"%';X<$#&$,6$''[@O'Z#+!()*$#+(,';X<$#&$,6$'Y K'Z#+
!"B%F'C6G$%&28?=6=3!;6=6F!0
L9I\!='5VEL!W()"%';X<$#&$,6$'Y @@'Z#+
!()*$#+(,';X<$#&$,6$'Y Q9T'Z#+
7%5$"-'+%0G"Y=F?=!!0?=F:;!9W$6*3!$6*",&6"%7='5VEL-W()"%';X<$#&$,6$'Y @Q'Z#+!()*$#+(,';X<$#&$,6$'Y Q9Q'Z#+
7$%"&2-*,%'!2,A%D!=1%05.!Z!$%#"!=45*:;V#"B.")$'3'!$6*",&6"%';,2&,$$#&,27W()"%';X<$#&$,6$'Y @Q'Z#+!()*$#+(,';X<$#&$,6$']'R'Z#+
7%F%-0%-'=2F;60B!4?=F5*:;5(+)'V#"B.")$'3!"#F$)&,2'",B'>&,",6$7='V#"B.")$'3!$6*",&6"%';,2&,$$#&,27W()"%';X<$#&$,6$'[ @K'Z#+!()*$#+(,';X<$#&$,6$'Y Q9Q'Z#+
7%-B22.'(3A%,'[26$?4&5*''206=3!
@0\5;6=6F!05='
V#"B.")$3'!$6*",&6"%';,2&,$$#&,275VEL-3\<$#")&(,7=9
W()"%';X<$#&$,6$']'@A'Z#+!()*$#+(,';X<$#&$,6$'Y 8'Z#
!"#$%%&'!()*$#+(,'-.)('N.+<$,+&(,'5"#)+
)')'
J131861
S-34$+)2)+$@-.&.<-&+$=)'@1'%&.<)
2V=9CT
NOP
!QRS!TUS
!"#$ !"#% !"&'
I7*:.@@.&7*IJZ
GTSJ,RJ]
I7*:.@@.&7*IJZ
MSP
!NO!R!
!"#$ !"#% !"&']^;JK
II;\K
_;IK
@)3 A5-*1()5).$ B)()*+
V FG4.'&#& !3 4"5&18( 45"(@5-%5@"5A $A.-- 8." (5 0W3 $#>A#'(
V FG4.'&#& +3 4"5&18( 45"(@5-%5 Y`=+3 (5 /+3
V !"%8# ".(%5'.-%R.(%5' D.$#& 5'A."C#( #H.-1.(%5' .'& ?'8"#.$#&-58.-%R.(%5'
V ?'8"#.$#& @581$ 5' #G45"( .'&.@(#"A."C#( 4"5&18( ".'>#
R!.-.)!-6#!+,-)>#E?5#>*#A-46/#JX(:B#!+,-)>#!.#A?4*,5#-.E#
e89
JUTG2AX"+'(
F$65.G^(+9'G(#'>Z8Q'"#$'"+'<$#'J[V--5='!!-N':"+'"6_.&#$B'&,'-.2.+)'@A8O'",B')*$'G&,",6&"%+'&,6%.B$B'*$#$'G(#'>Z'8Q'&,6%.B$'G.%%'4$"#')('2&0$'%&F$')('%&F$'6(/<"#&+(,':&)*'()*$#'4$"#+9'`$0$,.$'",B';LJWE-'G(#'>Z'8Q'<(+)'"6_.&+&)&(,':$#$'`+'Qaa'",B'`+'88'!&%%&(,'#$+<$6)&0$%4
^(+'G(#'>Z8a'",B'>Z@A'"#$'"+'<$#'J,B'-N'88R !"#$%%&'!()*$#+(,'-.)('N.+<$,+&(,'5"#)+
U?1.@7/48@5,[email protected]
)()(
!!/C$T&;$@1'>&',
[4.I/8;,[email protected],/>?.43/8;,7:1,?.4L/7@O/5/7<,O<,L406H/8;,48,7:1,I1<,@.1@H
=80.1@H1K,L406H,48,1Z?4.7,O6H/81HH\,T;.11>187,P/7:,]^,[email protected].,48,_`4,91../74./@5,5/>/7@7/48Ha
28:@801>187,4L,JbC,01871.,74,6?;.@K1,540@5,7@5187,?445,@8K,K13154?,540@5/c1K,K1H/;8,H6/7@O51,74,=8K/@8,U2N
2Z?@8K/8;,TL71.>@.I17,[email protected],O6H/81HH,/8,0455@O4.@7/48,P/7:,N47:1.H48,TL71.>@.I17,C/H7./O67/48,`17P4.I,O<,@KK/8;,?.4K607,.@8;1,7:1.1O<,
/>?.43/8;,H:@.1,L.4>,"(,74,"%(,/8,81Z7,&,<[email protected]
!"#$%%&'!()*$#+(,'-.)('N.+<$,+&(,'5"#)+
!()*$#+(,'9$:*,('9((%+'1);<3!9915'
!"#$%&'()%*&%+)&,)$-$./0/"%.&%)&1$2-"/$3&
!"!" #$%&'()*+!+!
!"#$%&'()%*&%+)&,)$-$./0/"%.&%)&1$2-"/$3&
!!!!
#.*'1,0<*-1.$*1$!1*4)'71.$6)<4.1$611+7$G!66"L
6$7&0)>/4A&0()E4&772
=$7B?4B2#/77&-()E&/%$-0):$$72
<-2(4#2 O$4@).$70&-+):$$72
!0'/-?(0).$7()0(A"44&-+)2$7"#&$-2
3(/%(42
G4>?5171,H4567/48H,A4.,M/;:,?.10/H/48,>@86L@076./8;
;6=2^63420?=F5863?$?4&5?=5C%?16
)&%d!"#$%&!!'
8%%4#0?=45?=5O=1?656=15:9959%2=40?!'
*+?CID&E :CD&FG&,(-"%).+/#&0##)+1(&2#$3()+%)4+56-'&(-(+78#,&$',+9)463&$'#3+:579;<+=%"%)
7 /0?"60?$&5!=F6F!15?=5#0%1234?%=56=15'6$!'5%^53244?=F54%%$'
7 @2"?4%"%5Y$!340?35<601"!46$ 9%0#\5G@%$!$&5%E=!15'2M'?1?60&5%^5@YOH5?'565F$%M6$$&50!#24!15"6=2^63420!05%^55>?F>K#!0^%0"6=3!53244?=F54%%$'
!()*$#+(,'W$6*,('W((%+'1)B989 \.)'(G'SQb='N-!J1'*(%B+'RA9ARb'&,B&#$6)%4'0&"'N!JN1'3:*&6*'&+'"'8AAb'+.?+&B&"#4'(G'N-!J17'",B'#$/"&,&,2'8Qb'&+'(:,$B'?4'()*$#'$,)&)&$+
!"!"
:0**-.3$611+7U$/.$&**'&<*-2)$!&'()*
H0*2)$&+#I)I J&:CK;;;&H#66#1.&
ALM&
N:;=OJ:;P
Q()*0R)&#.'4+$*3&
-*1,#$0S#6#$3IPGJ=CD
T#R%&U.$*3&90**#)*+&#.&&-*1,#$0S6)&-*1'4/$&+)R5).$+
V$))-&6)0*.#.R&/4*()&#.&
H0.4,0/$4*#.R&W&V)66#.R
7*#().&S3&X)/%.161R3&0.'&MW7
!()*$#+(,'W$6*,('W((%+'1)B9!"#$%&'89 L"+$B'(,'J,)$#,"%'"++$++/$,)'",B'/"#F$)'&,)$%%&2$,6$@9 5#(G&)"?&%&)4'#$G$##$B')('*$#$'&+';"#,&,2+'?$G(#$'&,)$#$+)=')"X'",B'B$<#$6&")&(,
!#!#
=,'2(&,2'6)#")$2&:'!(0$'>
>(0
>(0
?(-"8#@'&.
A'B2
C#$,#'D#4D%86#+%44
A'B2
! G064)&+)66#.Ra b'57-#&>#)*)0C%--$
! 9*0.'&94#6'#.Ra 3%$%D%-%(:)*)!"5A5(%5'a +1$(5A#")#'>.>#A#'()`)&%>%(.-)A#&%.
! V)*(#/)&'#,,)*).$#0$#1.a T55-)=.'.>#A#'(a !"5c#8()$1445"(
! Y-)*0$#1.06&UZ/)66)./)a 21(5A.(%5'a U%>%(.-%$.(%5'
! B1/06#+0$#1.a T#8B'5-5>:)T".'$@#"
!"#$%&'($)&**
!"#$%&'($)&**
!"#$%&'($)&**
!"#$%&'($)&**
!"#$%&'($)&**!"#$
%&'()#
!()*$#+(,'W$6*,('W((%+'1)B9
!$!$
!"#$%&'#()*+,+-.&/"01#2&342%+5#"&6#,0-)%&7
,!3!=45+62=3>!'_
I; d#7)!"5&18($)))
V /ee))+1((#") P)))61"")@"##)A.8B%'%'>V fFg))+1((#" P)))014#"%5")e%'%$BV T0h)+1((#") P)))?A4"5H#&)T55-)Y%@#))V T1"D5)U"%--$ P)))S#&18#&)&"%--%'>)(%A#
\; d#7)<".&#$)@5")0(##-).'&)+.$()?"5')T1"'%'>V +5'$%$(#'(-:)B%>B#"))(55-)-%@#)
Z; d#7)05-1(%5'$)V 21(5A.(%5')%')/5-#)&#D1""%'>)4"58#$$
=%--%'>+1((#"$
U"%--$
014#"%5"?'$#"(
<".&#$
/5-#U#D1""%'>
T55-$
()*+,*-)-./,*+0)1-2+,)*/)3/40)1-2+./5,+6/6,76/89:/2)*+;*+<!()*$#+(,'W$6*,('W((%+'1)B9
!%!%
?.+)(/$#''?$,)#&:&)@'>''=.#'AB-'C
!"#$%&'()*"+'
%&'()*"+$,"("-(.)-$/#$012&"$133"3$'"+0.4"'
944528;/811./8;
G1871.
G-G,J1K607/48,-.4;.@>H
K/:/6&%@').4/.62B2.%'C,-=26%A
9445N@8@;1>187
96.8I1<-.4e107H
!"#$
%$&'( !"#$
V 6.c.c)21(5)
V e5"&)?'&%.
V /#"5)=5(5)+5"4;
V /5'&.)+."$)
V /:1'&.%)=5(5"$
V =.B%'&".)*)=.B%'&".
V =."1(% 01R1C%)
V T.(.)=5(5"$)
V T30)=5(5"$
V 6/FY
V F$85"($)S.%-7.:
V E+6)?'&%.
V b%"-5$C." !'#1A.(%8
V Y*T)/#.H:)F'>>;
V 0%#A#'$)O!57#"Q
V T2Y)=.'[email protected](1"%'>)05-1(%5'$)Y(&;
V TB:$$#'b"144aS5(B# F"&#
V ge)f%'&)!57#"
!()*$#+(,'W$6*,('W((%+'1)B9
!&!&
Q4$1CCD
L1.&Q4$1>CD
H0*2)$&[1$).$#06I J&:CK;;;&H#66#1.&ALM
!"#$%&'%()! !"#$%&''()*$+")*,-(#.$/0$,1$*,*23$)23()
! 455#())&6'$"6*277(5$7,*(6*&23$&6$8,694"*,$)('-(6*
8*/42%".&9#-5#*%$%0+*#
`VI5]5%^5;((+a'50!Z!=2!5?'5^0%"5*24%"%4?Z!5@!F"!=45
%^^!0?=F565Q/;8/L/0@87,`48ET674,?47187/@5 4%5!b#6=15M2'?=!''5
!()*$#+(,'W$6*,('W((%+'1)B9!"#$%&'89 L"+$B'(,'J,)$#,"%'"++$++/$,)'",B'/"#F$)'&,)$%%&2$,6$
!'!'
M)().4)
6)#(,2'D&,",:&"%+'
O=5;?$$?%=5OC,
GTSJ,P]
U9AX7QO=5;?$$?%=5OC,
E<FEG
HI+EG
E<JEK
HI+EL
E<MLF
HI+FK
FNN
HI+EG
NGJ
HI+EL
FNF
HI+FK
JUTG2,AX,"+)"(
f1<,A/8@80/@5,B131.H
7 ;60B!45'$%E1%E=5QJRPKQJ5
7 9%Z?1 O"#6345?=5;603>5QJQJ
7 +%E!05Z%$2"!'5?"#634!154>!5%#!064?=F5$!Z!06F!56=154>!0!M&510%#5?=5YXO(.*
Q7.@71;<,74,K/31.H/L<,74,848ET674,H1;>187,;4/8;,[email protected],P/55,:15?,/8H65@71,@;@/8H7,H1074.,:1@KP/8KH
Q$#(2RJ&0O*1&)*Y]NT*5)(*50*6()*IBDFFPJ&0O*1&)*Y]N"*572*Y]+!*5)(*50*6()*I72*F;*NNa !()*$#+(,'W$6*,('W((%+'1)B9
FKOEP
FQOJP
EJONP
GTSJ,RV]
!(!(
")g+
$"*
)%D
Z5b./*:5@G&%)5XU##
;G5.@(0G*P)5'G37(XP)(0.2(7%
Z5b((/*c345)XUY#
-)O :.$G.75).*F057&X-.)($%&)
V54525*L(%03b.X:5758()*B F66@.$5%.&7*978.7(().78
845460$#()&\)0*+&1,&UZ-)*#)./)&#.&84$$#.R&X116+&A.'4+$*3
1%)%B#-#)&+R#%-
5%8#3+R#%-
C$(46,&'()+R#%-
LD5;!"M!0'5M6'!15645C%?16
*+,-*,'.-/
!()*$#+(,'W$6*,('W((%+'1)B9
"*"*
1%)6S%,&6$')B+,(3&+')4#@O.&c1$(#&)@5")4"5&18(%H%(:QS
O=1%=!'?65555555555555555 WRO=1?6555555555555555555555555 WV(>6?$6=15N5;!b?3%5555 WU
9>?=655555555555555555555555 PUc@*55555555555555555555555 RJJ@%24>5d%0!65555555555 RJJ
:!0"6=&5555555555555555 RRUO46$&555555555555555555555555 RRW806=3!55555555555555555555 RQQ
!"#$%&'())(#&*+,&-'"+.'/#(0&1')(&%+&,"2'''''
4 5+))$./&60)7$/&8"9$&:&;<=>>>&6"??"%.&@ABI
4 5+-/%*$)&".&C%.-/0./&.$$#&(%)&2$//$)&-%?+/"%.-&D&?%1$)&*0CE".".F&C%-/&,$)&C%*,%.$./
4 G%--"2"?"/H&%(&C%.-%?"#0/"%.&%(&-*0??&,?0H$)-&&
4 @.#"0&/%&)$*0".&0.&"*,%)/0./&*0.+(0C/+)".F&#$-/".0/"%.&(%)&*%-/&C%*,0."$-I&&J.&0//)0C/"K$&*0)7$/&/%&2$&".
!()*$#+(,'W$6*,('W((%+'1)B9!"#$%&'89 L"+$B'(,'J,)$#,"%'"++$++/$,)'",B'/"#F$)'&,)$%%&2$,6$@9 LIV'`$<(#)='>$?'@A@A=')&)%$B'C-'/",.G"6).#&,2'+)#")$24'?.&%)'G(#')#"B$'&,+)"?&%&)4H
MS Global India(MSGI) 09th October 2020
""""
< WD!"#0?"!.5""#2-"#,-4>#*@#-.#-)f?!"!>!*.#E*.5#->#>D5#05D5">#*@#*?4#)?">*+54#!.#RS#O%KN
< g5#-45#@*)?"!.=#*.#>D5#`*E/#!.#gD!>5#a`:gb#7#R4-+5"#@*4#JD-""!"#-"#^5/#"5=+5.>"#>D4*?=D#)*6E#7#D*>#">-+,!.=#@*4#I-""5.=54 (5D!)65" aI(b#7#J*++54)!-6#(5D!)65" aJ(b#+-4H5>"
< WD!"#0?"!.5""#D-"#,4*G!E5E#?"#-#,6->@*4+#>*#6-?.)D#>D5#D*>#">-+,!.=#0-"5#>*#)->54#>*#=6*0-6#5C,*4>"
< g5#D-G5#F#,6-.>"#)->54!.=#>*#`:gh#JD-""!"#7#T*>#">-+,!.=#*@@54!.="#!.#JD5..-!
#.*'1,0<*-1.
B9:3;AU UAd9e;W
+B#''.%M)?'&%.+B#''.%M)
!'%%,d!"#$%&!!'
Y%$()5@)81$(5A#"$P, -FI:C9Z*IJ-IF*U#::9ZUIFC*=9VIUC9;
, :]#dJD*;VIJ*IJ-IF*?:;IA
, Z9JFdCL*JI;;FJ
!N'V%(?"%'J,B&"
UG500.0e*++^
V&%X*T^
RIWX*_Q^
</$2A'L@'<23B2.%'V+WRXY
"#"#
V1&,$!&=$8 S1*$C*&%=-.3[:<,M47,Q7@>?/8;,
!"#$%&'(%#)*+,(#-./&0&/,12#31/ 4/+
5&/#"/(06,*7#-66%,8(/,&*#,*#(#8(9#'&+:
!!"#$%" !&%'()*
+!,-./,-0!,-/1,23,-4,!-&567-,,-
/8,-,96
U6.,G6..187,M47,Q7@>?/8;,[email protected]
-:@H1,=
-:@H1,==
K">##I4*E?)>!*.#6!.5#2!>D#F#)?">*+54"#@*4#">4?)>?4-6#,-4>"##
B5G56*,+5.>#*@#T*>#>4!++!.=#>5)D.*6*=/#>*#E*#!..54#,-4>"#
%&'()*&#+,-./#01&)(2*(34
B5G56*,+5.>#*@#W**6!.=#W5)D.*6*=/9EE!.=#O#.52#)?">*+54"#O#7#F,& 6!.5#I4*E?)>!*.
-:@H1,===
J4@K,N@?,
676V
678W'
676X
!N'V%(?"%'J,B&"
"$"$
V1&,$!&=$8 :1+,$C*&%=-.3816'&V$05-#.R&] [*1'4/$&M10'&50-
9)#.T).#"%' 9;&,'D"#)+'
!"#$!%&'()*(( !"#$!%&'(+*(,
Y()*066&[*1'4/$&&M10'&50-&$*0.+#$#1.#.R&
UIWT_^
YZF:9Nf^
VPY+T^
UIWf!^
YZF:9NT^
VPYT^
@*+Y@ @*+Y@
C*"++&+''
!N'V%(?"%'J,B&"
"%"%
!"#$%&'())*#&+,-&.'/'0#*1&2'3*&%,&-"4'
< 1&2*)'B$&2*)&,2'
< 9"S$)Q'C#"+*'I(#/+
< Y"L",$+$'@#",+L%",)+'T(,0$#+&(,'T(%F')('*()'
< I$O'1".,T*$+
< I$O'J,)#",)+
< UCC'3U$+)'C(+)'C(.,)#Q5'M"T;$F'$KL(#)+
< =J!+'1(T"%&+")&(,'H'A$,F(#'#")&(,"%&+")&(,'F#&0$
"&"&
C;.)'3-)7$W$N).)@-*7$1@$N)-.3$&$P&'*$1@$!1*4)'71.$R'10=$
Q<81.;/1H,b,V181L/7H,
7 ,8[5%0?F?=64?%=
7 :$%M6$5/0%F06"'5=%"?=64?%='55
7 92'4%"!051?0!34!155'2##$?!053%='%$?164?%=5
7 @36$6M?$?4&555
7 @&'4!"'5-5M!'45#0634?3!'54%563>?!Z!5!^^?3?!=3&
7 @233!''^2$5?=4!F064?%=5%^563e2?'?4?%=5#0%"#4?=F5"%0!5?=%0F6=?3550!3%""!=164?%='5^0%"5%20532'4%"!0'5
!N'V%(?"%'J,B&"
"'"'
M)().4)
61=$+)2)+$@-.&.<-&+$=)'@1'%&.<)
U9AX7Q JUTG2AX"+,
$(
TRS! TPQOOTRN
!"#( !"#% !"&'
I7*:.@@.&7*IJZ
GTSJ,UQ]
I7*:.@@.&7*IJZ
RSQ
T!P
!TQ
!"#( !"#% !"&'
GTSJ,RJ]
6/7(2)&-)SF)GH)T(4()&%1/?#(0)AB, #/()5@@*:5$)&*;@&K2&K7
, JRYU*$).0.0*52/()0(@M*.465$%.78*%G(*$)(2.%*
1.757$.78*45)H(%*1&)*F3%&**
, R;*=I*%)570.%.&7.78*%G5%*6)&46%(2*2(1())5@*&1*
63)$G50.78*
9U<:E!);/4+&-2)&-)SF)GH)T(4()&%1/?#(0)AB)
, F'0&@3%(*U&7%).'3%.&7*@&0%*&7*+_^*05@(0*2([email protected](*
.7*Y]*+!*&/()*Y]*N"
38>9)V #3)*Z#U9 K.@@*8(%*'(%%()*.7*&3%()*M(5)0*50*
%G(*0%)5%(8.$*$565$.%M*$)(5%(2*K.@@*$&4(*&7*0%)(54*
572*K.@@*2(@./()*036().&)*6)&1.%5'.@.%M
aON^
fO"^
SOQ^
!N'V%(?"%'J,B&"
Q$#(2RF@@*7&0O*5)(*50*6()*I72*F;J&0O*1&)*Y]*N"*572*Y]*+!*5)(*50*6()*IJ-*F;*NNa:;DI K50*5$`3.)(2*.7*Y]Nf*572*%G(*1.757$.5@0*5)(*1&)*13@@*M(5)*%&*8./(*@.H(*%&*@.H(*$&465).0&7*K.%G*&%G()*M(5)0O
"("(
5F=)'-).<),$!&.&3)%).*$6)&%7
;4W X"-/7)6/A,/4T/7)=4(2&0(-#=4(?&2&$- ;(#/77&?)6$7"#&$-2)Y(4#&?/7),(/0Z [6,((# ;(#/7P)=$T0(4);(#/7)5);/?,&-&-+\! +N M(5)0*&1*8@&'5@*(E6().(7$(*.7*F3%&4&%./(*U&46&7(7%*065$(*! 9E%(70./(*(E6().(7$(*.7*%G(*:(%5@ I7230%)M*G5/.78*(E($3%(2*0(/()5@*
&)857.$*g*.7&)857.$*6)&b($%0*! F00&$.5%(2*K.%G*:&%G()0&7 8)&36*0.7$(*+!Nf*572*65)% &1*%G(*:(%5@*
-./.0.&7*
;4W)6W)!-A/4/2/-)3$A&-)>88;6C< V 6,((#);(#/7)U"2&-(22)! V50 &/()*Q+*M(5)0*&1*I7230%).5@*(E6().(7$(*! V50 '((7*500&$.5%(2*K.%G*:&%G()0&7 8)&36*0.7$(*+!!!! Y&$30(2 .7*#6()5%.&70*:5758(4(7%*572*.0*5*@(52*.7*457M*D)((7*
572*R)&K7*1.(@2*P)&b($%0
;4W)> 64&-&'/2/->S8;6C< V 6,((#);(#/7)U"2&-(22)
! +_*M(5)0*&1*).$G*(E6().(7$(*.7*%3)7.78*5)&372*457M*457315$%3).78*$&4657.(0O
! V50**'((7*500&$.5%(2*K.%G*:&%G()0&7*8)&36*0.7$(*@50%*N+*M(5)0! I7230%)M*/(%()57*572*.0*(E6()%*.7*:5758(4(7%*Z(6&)%.78X*Y.757$.5@*
[email protected]*g*U&7%)&@0X*R30.7(00*.46)&/(4(7%O! U&0%*g*:5758(4(7%*F$$&37%57%*?U:FA*'M*6)&1(00.&7O
!"#$%&#'()#&#$*!"#$%&'("%)&*+,
+#,#$#-"#$-,"./&0&12)&'("%)&*+,
()*+$+,+)-."*/)
./$0'-1$*34"($)5&
2&/$/3#'#$*!-6&
4#&('"789&
51"#$1:&
HV^A&[60.$&H0.0R)5).$&X)05+&
+#0"6$#$%#$*",;/)$%+&
2#,/&*7$#$%<9*&
M1@57:<,N/Z,4L,N47:1.H48,3/87@;1,b,N17@5H,V@0I;.468K,>@8@;1>187,71@>H,P:4,O17P118,
7:1>,:@31,431.,)%%,<[email protected],4L,04>O/81K,1Z?1./1801,,
!N'V%(?"%'J,B&"
#*#*
C0%%&';$8 #.2)7*%).*$:1.7-,)'&*-1.7$$
[4.5K,G5@HH,P155,/831H71K,@HH17,O@H1,74,:@8K51,:/;:,3456>1,?.4K607/48,P/7:,@674>@7/48
910:8/0@5,@HH/H7@801,@;.11>187,P/7:,NQ,T674,710:,/8,?5@01,L4.,M47,Q7@>?/8;,H6??4.7,b,9445/8;,0455@O4.@7/48
[email protected],74,@004>>4K@71,*,:47,H7@>?/8;,5/81,/H,/8,?5@01F,P/7:,L/.H7,5/81,04>>/HH/481K,/8,)%"+,
9@.;17,/H,74,>431,[email protected],>4.1,THH1>O5<,h,>4K651,7<?1,0487.@07H,5/I1,P1,@.1,>43/8;,P/7:,46.,A.@>1H,O6H/81HH
^/H/48,/H,74,O1,?.401HH,H?10/@5/H7H,P/7:,0@?@O/5/7/1H,74,:@8K51,@55,1Z47/0,@554<HE _9:1,81Z7,P@31a
Q7.48;,U.K1.,V44I,@8K,:/;:,51315,4L,3/H/O/5/7<,74,>117,46.,U.;@8/0,9@.;17H,
!N'V%(?"%'J,B&"
?9!41'G'!!A1
!!" "#$%&'()*+*+
[*14'&$1&S)&-0*$&1,&$%)&,4$4*)
#"#"
567!876
9:#!; 9:#6<
/X10*$N07-.)77
f1<,G6H74>1.H
:#$;0(#,&
:((,
5,2--%
"7/F%,
T-#&&2)<
6%)&%,
T()$(-%
"#1A':((,
*)+'D,2/$D#2-'8#/F
T(J-T(J-T()$(-%
T-#&&2)<
"7/F%,
9445/8;,2Z?1.7/H1
V U.%A-#"V e%.(V e5"&V /5'&.)+."$V /:1'&.%V b%.
V S#'.1-(V 0C5&.V T.(.)=5(5"$V T5:5(.V 35-C$7.>#'
V =.B%'&".V =."1(%)01R1C%V =5(B#"$5'V d%$$.'V !02
3&,'"%<*"?$)&6"%'(#B$#7
!"#$%&$'($)
*+,#)'-./)$'0.)
.10"2&)3,$!) )0.",)%$)
!"#$%&!"#$%&
22S$2NV0)NULD#Q()W.20?0U
P?2X$)NVNVSQ#DD()W.20?0U
P?2X$PI0VVNX(J$NV?CD#YQDD()W.20?0U
>
U
!
P?2X$PI0VVNX(J$NV?CDLYLZQ()W.20?0U
K
H,%$%)1%'2)'3(,+;Y'P%$+'#)&'?(7+;'+('
T#+%,':(/%$+21'"7$2)%$$
-5@87,B40@7/48H,
T;%))#2'#)&'?#)#)&'?+,#+%<21'H-#)+'
8(1#+2()'+('?%,G%'94F(,+'"7$2)%$$
8
>
!U
*(/0&-+))!"#$%$#&'():$$7&-+)
;/-"D/?#"4(4)
GH)F(/42)9]1(4&(-?()&-)<-^(?#&$-P)
>$%14(22&$-P)U7$T)5)*$T)=4(22"4(;/-"D/?#"4&-+)
:$$72
>/1/?&#B)#$);/-"D/?#"4()$'(4)KHH)<-^(?#&$-):$$72)/--"/77B)D$4)%_?)
:$--/+(2)D4$%)`KH):$-)#$)`PHHH:$-)
S54O@5,Q6??4.7,74,G6H74>1.
=>?@#!Na
>$0$,.$!*)'B2--22() *3> E
P?2X$([(22S$
F$65G89'^(+9'G(#'>Z8Q'"#$'"+'<$#'J[V--5^(+9'G(#'>Z@A'"#$'"+'<$#'J,B'-N'88R
####
f1<,-.401HH,910:8454;/1H,
V@[email protected],=871;.@7/48
"-.1;..&.61H'I596&$'1
:$%1?#5..<#51H'I596&$'
BJ1
H'DK$<>0 859$#-6&$'
f1<,28;/811./8;,@8K,N@86L@076./8;,910:8454;/1HN@86L@076./8;,910:8454;/1H
L;8ML;KMKN:81O:NP
LFL1K;L@HF)DQ;RH3 "SF182H::HF"DT1;RH3
)8K1K;L@HF) 3?N//HF"1?2)33
/2H;:1K;L@HF) LKK11HF3?)L/HNF1
E0'$:&=&X-+-*-)7$
2Z?1./1801Kh,QI/551K,9445/8;,N@8?4P1.
P?2X$([(22S$
#$#$
?-7*-.30-74),$611+-.3$P'1D)<*7A ?1%)7*-<
[email protected]/ Q6c6I/,2.7/;@B**4#I-.56#
[email protected]/ Q6c6I/,V.1cc@B**4#I-.56#7#R6**4#J*."*65#
J18@657,9./O1.:.">4?+5.>#I-.56h#B**4#I-.56h#`?+,54h#X>D54#:.>54!*4"#
9T9T,`1Z48E2^,`?+,54#
9T9T,T57.4cR6**4#J*."*65#7#X>D54#:.>54!*4
NbN,9i^,D%%,A@015/L7,,`?+,54#
94<47@,X@./H,,,R6**4#J*."*65#7#X>D54#:.>54!*4
[email protected]/ Q6c6I/,jBgB**4#I-.56#7#:3B
[email protected]/ Q6c6I/,V@5184B**4#I-.56
[email protected]/ Q6c6I/,=;8/HU5@45"D!.=#`?+,54#
[email protected]/ Q6c6I/,G151./4U**@#U-!6h#8,*!654#
A4.K,204H?4.7 A@015/L7,,B**4#W4!+##
[email protected]/ Q6c6I/,T574,A@015/L7E :.">4?+5.>#I-.56##
A4.K,A/;4 A.1/;:75/81.,\4!665#7#AC>54!*4#I-4>"#
#$
U**@#U-!6h#8,*!654#CT=NB2J,A.1/;:75/81.,:.">4?+5.>#I-.56#h\4!665#7#AC>54!*4#I-4>"#
P?2X$([(22S$
#%#%
?-7*-.30-74),$611+-.3$P'1D)<*7A 5F=1'*$
-4.H0:1,[email protected].@`?+,54#9""5+06/#I-4>"
TiC=,JQg,B**4#9""5+06/#I-4>"
VN[,N*B**4#9""5+06/#I-4>"
CT=NB2J,SB2,TS,`?+,54#9""5+06/#I-4>"
-4.H0:1,9@<0@8B**4#9""5+06/#I-4>"
Q2T9,G6?.@`?+,54#9""5+06/#I-4>"
^[,T.7148`?+,54#9""5+06/#I-4>"
^[,-@HH@7`?+,54#9""5+06/#I-4>"
A4.K,J@8;1.AC>54!*4#I-4>"
94<47@,J@3*W4!+"#7#AC>54!*4#I-4>"
94<47@,M/56Z`?+,54#\4!66#9""5+06/
94<47@,A4.7681.`?+,54#\4!66#9""5+06/
TiC=,JQ,k$`?+,54#9""5+06/#I-4>"
CT=NB2J,VJTViQ\4!66#-""5+06/#I-4>"#
P?2X$([(22S$
#&#&
:07*1%)'$V)<13.-*-1.$Y$/>&',7
C$(64+R(+T#++E3&+9)4'%)+R((8+1%U#$+S($+V%32/(%$4+R((8+V#D#8("-#)&3+S($+V%'-8#$+H63(+:=%"%);+$#,#'D#4+$#,(B)'&'()+S($+*""$#,'%&'()+S($+7@,#88#),#+')+?(88%/($%&'D#+V#3'B)+W+4#D#8("-#)&O
?-4!1J>
C$(64+R(+T#+%+5&$%&#B',+R((8+1%U#$+R(1%$6&' 56X6U'++9)+R((8+>(,%8'X%&'()+S($+T6-"#$3+%)4+R$'-3+R((83Y#,(B)'X#4+0'&2+*""$#,'%&'()+
!->Z@4'9Z[Z\4
P?2X$([(22S$
#'#'
#.,-&$R'1>*4$E==1'*0.-*-)7
QS14$&C;&G#+#S6)&L)"&B04./%)+&0.'&_0/)6#,$+&#.&A.'#0&#.&.)Z$&`&\)0*+&
:#;&<$4*()#2&0*&:#=%&>&?#$"2
@AB&6"01#*&&
<+($,0C$%0+*&
YUH+&'*#().&B1/06#I0$#1.&1,&X116#.R&#.&A.'#0&$1-*1()&Y()*066&Y".)*+%#-&81+$&W&4.-*)'#/$0S#6#$3&'4)&$1&84**).$&V#$40$#1.
:#;&'#()*+,+-0#2&
[).)$*0$#1.&1,&L)"&X)/%.161R#)+&#.&H#''6)&a&T#R%&V)R5).$&()%#/6)+bZ A.EH146'&7)/1*0$#1.Z V1,$&X14/%&Z Q5S#).$&B#R%$#.R&
P?2X$([(22S$
#(#(
!1*4)'71.$R'10=$R'1>*4$E==1'*0.-*-)7$
#=/>0)1-2+/:;.,7*
&=/?))@,*7/:;.,7*/
A=/?))@,*7/BC*-3C2+-0,*7/.
D=/>0)1-2+/BC*-3C2+-0,*7/
E=/B)1-@;/F..;GH@I.
J=/K-44@I/+)/(-.+)G;0/.
L=/?;.+,*7. $=/>C0+/F..;GH@I
)"**'+,-#./'+$*"#0$&'12$304.2'
C;.)'3-)7$>-*4-.$!1*4)'71.$R'10=
S54O@55<,N47:1.H48,;.46?,?6.0:@H1H,
7445/8;,4L,l26.4,*%%,N8 U??4.768/7<,74,H0@51,6?,7445/8;,
O6H/81HH,;54O@55<,
ULL1./8;,04>?5171,H4567/48H,74,U2NmH,@H,@,
S.46?,L.4>,C1H/;8#,9445/8;#,-.4K607/48,74,
-.4K607,B/L1,G<051,W28K,74,18K,H4567/48Y
P?2X$([(22S$
$*$*
! Q7.48;,J1?67@7/48,V6/57,48,5@H7,)%,<[email protected],4L,K15/31./8;,H6001HHL65,?.4;.@>HF
! G@?@0/7/1H,@8K,G@?@O/5/7/1H,/8,-5@01,L4.,@KK.1HH/8;,>@.I17,;.4P7:,@8K,811KH
! V47:,=8K/@,@8K,2Z?4.7,U??4.768/7/1H,7@.;171K,@8K,P155,P/7:/8,.1@0:,L4.,O6H/81HH,1Z?@8H/48F
! G6H74>1.,C./318,A406H,48,7445,540@5/c@7/48
! Q7.48;,b,G@?@O51,N@8@;1>187,/8,?5@01,P/7:,7:1,.1R6/.1K,910:8/0@5,2Z?1.7/H1\
7/$#2)G:26%/%&-.
7/$#2C#,A#&%
7/$#212/$&Z/%&-.
AB"#C&D&E.&B#0(EF'P"%,@(<7,84!%'&(<@@%3,8
AB"#@2G2E#>E&H2/:+%',++(I,4;
AB"#I2F2BHJEP"%,@(?,3"'%345(<@@%3,8
AB"#C'2E2KJG2BP"%,@(\%'4'3,(<@@%3,8
P?2X$([(22S$
D#&)H/$&$#'!()*$#+(,'?"F&,'I,2&,$$#&,2'80)<'1);<'3D!?I15!"!" #$%&'()*+!+!
$"$"
7 IJKIJ5LD5M!4E!!=5@*;O+56=1580?4A"!?!05S:!0"6=&5,+(-."/+.(.0+*0%(&'($%"1&*&'-(2"3$.0#0(4".5#&"'(6"%(7$0%+#"%(8+60#9(:+/&'4(6"%(:"'4#%52#&"';(<&'&'-;(=-%&25.#5%0(+'*(<+#0%&+.(>+'*.&'-(?@5&$30'#A
7 +%364?%=5_5d6=3>!!#206"\5C!6059>!==6?S5O=1?65
#.*'1,0<*-1.
OXX[#A4-5:##$
,+(-."/+.(.0+*0%(&'($%"1&*&'-(2"3$.0#0(4".5#&"'(6"%(7$0%+#"%(8+60#9(:+/&'4(6"%(:"'4#%52#&"';(<&'&'-;(
Z&&1*#3%()
V=FU*F00(4'@M
V([email protected]()*F00(4'@M
Z(5)*K.72&K*F00(4'@M
-&&)*CV*F00(4'@M
-&&)*ZV*F00(4'@M
Y)&7%*W.720G.(@2
U5'.7*;%)3$%3)(
I77()*L).4*500(4'@MI77()*L).4*500(4'@M
!XXX[':/,%A
>#&)U/$&$#'!()*$#+(,'I"?&,';,2&,$$#&,2'50)9'1)B
$#$#
S-34$+)2)+$!1,0+)$@1'$E=)'&*1'$:1%@1'*$W$C&@)*;$
Pedals Steering column Driver Comfort Driver position
Rigidity TestMass : 5000Kgs, Height : 6M
Fall over Protection Structure (FOPs)
Rollover Protection Structure (ROPs)
>#&)U/$&$#'!()*$#+(,'I"?&,';,2&,$$#&,2'50)9'1)B
$$$$
I"2L.#
4,F(#$-*/$F"M"F
D.,$ ["*$$#"M"F
\*"#"2L.#I"2L.#
4,F(#$-*/$F"M"F
D.,$ ["*$$#"M"F
-*/$F"M"F
C*$,,"&
?$%*&
U",2"%(#$
?*"#O"F
'J`9JAd52#T*66-.E& JdT#3-.!>*?h#W545C#(5)>4-
g!4>=5.#& I?.5'J`h##8-./J-"5#Y JdTh#;!?\*.=#;!50D544T/?.E-!9,*66*#J-4+!C9++-..h#B/.-,-)
3-D!.E4-#Y d-=,?4'*D.#B5545#Y I?.5W->-#T!>-)D!&BD-42-E
'*D.#B5545#Y I?.[-0I455>#W4-)>*4"A")*4>"#J*.">4?)>!*.A")*4>"#9=4!
W:;
W->-#T!>-)D!#Y ^D-4-=,?4`UJ9M 2TQ9
`A3;h#W9RAh#(*6G*
J->54,!66-4^*+->"?^*056)*B**"-.#`*0)->9"D*H#;5/6-.E#B5@5.)58)D2!.=#8>5>>543-D!.E4-#3U(#Y JD5..-!3-D!.E4-#Y i-D554-0-E
J?">*+54"#>*#05#)*G545EJ?">*+54"#)*G545E
9!:5"$8 !&'()*$:12)'&3) W$P).)*'&*-1.$$
Q,$)*&7))-&[).)$*0$#1.&#.&V14$%K&)Z-0.'#.R&,11$-*#.$&#.&L1*$%&W&c)+$
>#&)U/$&$#'!()*$#+(,'I"?&,';,2&,$$#&,2'50)9'1)B
$%$%
P).)*'&*-1.$-.$)&<4$C)3%).*$&.,$#.<')&7)$-.$:1.*).*$$
Backhoes
Skid Steer Loaders
Agriculture Equipment
Excavators
Bullet Proof Armour Vehicles
Dumper Cabins0,
1.,($#-2"3,&'1,-"3,&-4'#$-5,'&#-
Self Loading Mixers
Door Assembly
Large Excavator Fab Parts
Dumper Lite Fab Parts
Wheel Loaders
Agriculture Harvesters
A.4>,G@O/8,74,M/;:,3@561,L@O./0@71K,[email protected]#,A615,7@8I#,M<K.@65/0,7@8I,b,9445/8;F
Fuel Tank Hydraulic Tank Tooling
?&SS$#$,)'@QL$+'(S'9"S$)Q'T"M&,+'H'<"M#&T")$F'L"#)+'F$0$%(L$F'",F'M$&,2'+.LL%&$F')('0"#&(.+'T.+)(/$#+'"T#(++'"%%'+$2/$,)+>#&)U/$&$#'!()*$#+(,'I"?&,';,2&,$$#&,2'50)9'1)B
$&$&
6)<4.1+13;$W$:&=&X-+-*-)7$$
!"#"$%&%'()*+,)#,+-%.%/0)!+1#&2'2)3+&4'%+/)*+,)#,+.4!'3))"!,+33)"&&)32012/'35)!"$%/).23%0/6)*%7'4,23)"/.)'++&%/03).23%0/)"/.)%/89+432)1*0)!"#"$%&%'(6))
,+#3:*+#3)3"*2'()!"$%/36)#,+.4!')-"&%."'%+/)34##+,'
UF0?<d
T,!)+,2T)!2?dT?d<
+FU TW6F)S,YY)*)=2dUSFY)6FdU?d<
ZU)] Y20FS)+WTT?d<
+d+)6FdU?d<)
\U)] Y20FS)+WTT?d<
+26)*)e26fFYU?d<
>#&)U/$&$#'!()*$#+(,'I"?&,';,2&,$$#&,2'50)9'1)B
$'$'
C0==+-)'$1@$:41-<)
;LL)?/HF"1FN1:HKH/31;P;28K;@HF82;1NS/3/;F8HF"13S??N2/
L-65#+&>>-#1U3V)?W1L5#6&4&9-6&$'L-65#+&>>-#1P5>01)X95>>5'95
K;@HF82;1?2)3H8)F/1;P;28
JNK;/3S1Y)3/1?)2ON2K;FL)1HF1VS;:H/Z1;P;28
L;/)2?H::;2?;HF/HF"1LNK?)/H/HNF
;.,$[1:57>-'018545'951.7.65*1\N<6.6-'0&'(1;%-#014$#1Y<.&'5..1;>&('*5'6
VS;:H/Z1LH2L:)1ON2SK1NO1HF8H;F;/HNF;:1:)]):1LNK?)/H/HNF
>#&)U/$&$#'!()*$#+(,'I"?&,';,2&,$$#&,2'50)9'1)B
$($(
!"#$%&'())(#&*+,&-'"+.'/#(0&1'2(&%+&,"3
V ?'&%.')<5H#"'A#'()%$).--5((%'>)B1>#)@1'&$)@5")?'@".)$("18(1"#)&#H#-54A#'()*)U#@#'8#
V =."C#()(5)"#85H#")$("5'>-:)7%(B).)>"57(B)5@)\NK)%')\J\IM)I^K)%')\J\\).'&)IZK)%')\J\Z!
V =.':)d#7)4"5c#8($)A##(%'>)d#7)S#>1-.(%5'$).8"5$$).--)$#>A#'($)."#)%')4%4#-%'#).()e=+FY
V +5A4-#(#)05-1(%5')4"5H%&%'>)8.4.D%-%(:)#G4#8(#&)(5)D"%'>)f5"-&)8-.$$)5445"(1'%(%#$
V =.'&.(5":)S,!0`e,!0)S#>1-.(%5'$)%')?'&%.)D:)\J\\]\Z)
V ?'8"#.$#)H.-1#`+5'(#'() (B"51>B)T#8B'5-5>:)8B.'>#$)%')A."C#()P) d#7)61$%'#$$)8.D%'$)(5)A##()60)?3)d5"A$
V =%'%'>)$#8(5")54#'%'>)@5")>-5D.-)4-.:#"$
V +F).'&)2<),F=$)@581$)5')?'&%.)@5")#G45"($)
>#&)U/$&$#'!()*$#+(,'I"?&,';,2&,$$#&,2'50)9'1)B!"#$%&'89 \GG'c&2*:"4'`$+$"#6*='-.2'@A@A='-#)&6%$')&)%$B'CW*$'6(,+)#.6)&(,'$_.&</$,)'&,B.+)#4'&,'J,B&"H
%*%*
M)().4)
S-34$+)2)+$@-.&.<-&+$=)'@1'%&.<)
U9AX7Q JUTG2AX"+,"g(
TUS
NPP
QQ!
!"#$ !"#% !"&'
I7*:.@@.&7*IJZ
GTSJ,"%(
I7*:.@@.&7*IJZ
PX
!OP
PS
!"#$ !"#% !"&'
GTSJ,"+(
V 0.-#$).'&)4"5@%(.D%-%(:)-%'#)%')ei)\J)&1#)(5)>#'#".-)A."C#())#'H%"5'A#'(
V =."C#()#G4#8(#&)(5)"#85H#")%')\J\IM)A5$()5@)e=+FY)5']>5%'>)'#7)4"5&18($).-$5)7%--)D#)%')0,!
V II)'#7)4"5c#8($`&#H#-54A#'()%')4%4#-%'#
J&%(hJ&0O*1&)*Y]NT*5)(*50*6()*IBDFFPJ&0O*1&)*Y]N"*572*Y]+!*5)(*50*6()*I72F;NNa >#&)U/$&$#'!()*$#+(,'I"?&,';,2&,$$#&,2'50)9'1)B
GTSJ,)D(
I\;jK
Ij;IK
_;jK
%)%)
/32+)b?T)] =60Yf?S?d<)/2SdF00)] =00Y
!-.$(%8)] =2TF)!"#$$)4."()] =0<?
7 <?F>5$!Z!$5%^5M63BE6015?=4!F064?%=5E?4>5;%4>!0'%=5#0%1234'
7 )##%042=?4?!'5^%053%=4!=45?=30!6'!56=1530%''5'!$$?=F5F0%2#5#0%1234'
7 /604=!0'5)#!=5^%05O=Z!'4"!=4'5\5(!00?4%0&5%#!=5^%056$$5%^5*'?65?=3$21?=F5L6#6=56=159>?=65
7 X2'?=!''5%##%042=?4?!'5^0%"580?4A"!?!05F$%M6$532'4%"!0'5?=Z!'4?=F5?=5O=1?6
7 .?Z!0'?^?364?%=5?=4%582!$5-5<&1062$?3546=B5E?4>5#604=!05'2##%045
7 )##%042=?4?!'5^%059%"#%'?4!5#604'5X2'?=!''56=15(%%$?=F5
7 /%4!=4?6$5/604'5Yb#%04'54%580?4A"!?!056=15%4>!0596M56$$?6=3!53%"#6=?!'_5G5;?00%0'S5f%0B5$?F>4'S5f?0?=F5>60=!''S5<?=F!'-5+%3B'S5'!6$?=F5#0%^?$!'S5,2MM!053%"#%=!=4'S5"63>?=!153%"#%=!=4'H
V)+&*-1.74-=YC;.)'3;$&.,$<1++&X1'&*-1.7$>-*4$=&'*.)'7$
>#&)U/$&$#'!()*$#+(,'I"?&,';,2&,$$#&,2'50)9'1)B
%!%!
!&.&3)%).*
I9`"/$+*IW\
WI'W*&#./"%"&'N"#"0",",V!'[I(//$#6&"%'
!95"#"/"+&0",I\\
W9Z9N"/<")*'M./"#V0, F)(5*&1*9E6()%.0(*h*:57315$%3).78*9788X*JP-X*
L&&@*Z&&4X*j35@.%MX*P)&23$%*U&0%.78X*-(0.87X*P)(00.78*572*W(@2.78O
, [email protected].$5%.&7*h*R9*> I7230%).5@*978.7(().78O*
, 9E6().(7$(*h*+Q*i*](5)0, F)(5*&1*9E6()%.0(*h*J(K*R30.7(00*-(/(@&64(7%O, P3)$G50.78X*;U:X*P)&23$%*U&0%.78X**;G((%*
:(%5@*Y5'O, [email protected].$5%.&7*h*R9X*:RF*
,
Q(Rb&)Z-)*#)./)&1()*&:C&3)0*+&=;&3)0*+&#.&VH^&
P:$'`"+)$%E&#$6)(#'
, 9E6().(7$(*h*QS*i*](5)0*.7*9@($%).$5@*657(@0*\I7230%).5@*(`3.64(7%X*F3%&4&%./(*\*#11BG.8GK5M*0(84(7%*I7230%).(0O
, [email protected].$5%.&7*h**ROL($GOX**:RF
, 9E6().(7$(*h*+N*i*](5)0, F)(5*&1*9E6()%.0(*h*Y.757$(*572*F$$&37%0O**, [email protected].$5%.&7*h*UFX*:RFO
, #/()*Qa*M(5)0*&1*(E6().(7$(*.7*%G(*F3%&4&%./(*1.(@2*.7*0(%%.78*36*<=Uk0*X*8)((7*1.(@2*6)&b($%0X*'30.7(00*2(/(@&64(7%X*572*&6()5%.&75@*(E$(@@(7$(*O*N_*M(5)0*.7*:&%G()0&7*D)&36
, 923$5%.&7h*:50%()0*.7*R30.7(00*F24.7.0%)5%.&7*572*9E($3%./(*:50%()0*.7*I7%()75%.&75@*R30.7(00*1)&4*IIYLX*-(@G.
, =PB 978.7(().78*X*Y).%[4.()*8)&36*, #/()*Qa*M(5)0**&1*(E6().(7$(*.7*U5'.7*978.7(().78*O, 923$5%.&7h*R9*:($G57.$5@*
>#&)U/$&$#'!()*$#+(,'I"?&,';,2&,$$#&,2'50)9'1)B
%"%"
C0%%&';$
+"K)('&A'/'%264.-$-3@'$2/02,'&.'9.0&/
K/L'A:26&/$&A%':,-E&0&.3'6-B:$2%2'A-$#%&-.'5-,'1\C<]+\C<'6/L&.A'#.02,'-.2',--5
)G:2,&2.620'B/./32B2.%'/.0'AD&$$20'>-,D'5-,62'
^&02'A23B2.%'/.0'6#A%-B2,'L/A2'/6,-AA'%42'6-#.%,@
K-.%&.#-#A$@'&.6,2/A&.3'6-.%2.%'/.0':,-E&0&.3'-::-,%#.&%@'5-,'6,-AA'A2$$&.3'3,-#:':,-0#6%A
!!'.2>':,-3,/BA'#.02,'02E2$-:B2.%'
).%2,&.3'&.%-'.2>'%264.-$-3&2A'M5#2$'/.0'4@0,/#$&6'%/.DA
<%,-.3'/.%&6&:/%20'BD%'3,->%4''VRS_'&.'RXR!`'!P_'&.'RXRR'/.0'!O_'&.'RXROY!
a:6-B&.3',23#$/%&-.'>&%4',2A:26%'%-'A/52%@'/.0'6-B5-,%'%-'0,&E2'5#,%42,'3,->%4
)G:-,%A'%4,#A%'L@'\)"bA
>#&)U/$&$#'!()*$#+(,'I"?&,';,2&,$$#&,2'50)9'1)B!"#$%&'89 \GG'c&2*:"4'`$+$"#6*='-.2'@A@A='-#)&6%$')&)%$B'CW*$'6(,+)#.6)&(,'$_.&</$,)'&,B.+)#4'&,'J,B&"H
JK-?'6(%.)&(,+'L(#'?K'6$2/$,)+'6'4," !"$+,&#"(-*+,&.'4-7"..,&28'4-6,+824,#-9()8'-:$);-<6!*9=",;'!"$+,&#"(-%,&1#$&".->6?7-0"4@$8"(#-A3$;-:$)-<!%0:=!"!" #$%&'()*+!+!
%%%%
?3,&'1,-BC-5,'&#D-,EF,&8,(2,;-
?3,&'1,-GH-5,'&#->6?7-,EF,&8,(2,-
H%,#$'<2)9))5g ;X@+W()"%';X<$#&$,6$'Y @Q'Z#+9!()*$#+(, ;X<$#&$,6$'[ 8T'Z#+
<"5$6&%#'I"&G"-#6-.?0!34%05K ;X@+5W()"%';X<$#&$,6$'Y KA'Z#+9L$#2+)#(/';X<$#&$,6$'[ @@'Z#+
8-G3,'1%0$3,98)5K ;X@+5W()"%';X<$#&$,6$'Y 8Q'Z#+9L$#2+)#(/';X<$#&$,6$'[ @'Z#+
JF,"&';%."2,9))5g D;(OW()"%';X<$#&$,6$'Y KR'Z#+9!()*$#+(,';X<$#&$,6$'[ T'Z#+
?3,&'1,-BC-5,'&#D-
?3,&'1,-GH-5,'&#-
KR'Z#+9KR'Z#+9T'Z#+Z#+Z#+
+,%A6*'1"#$,%98)5K D;(O5W()"%';X<$#&$,6$'Y @O'Z#+9d"%$( ;X<$#&$,6$'[ T'Z#+
1%,G'76-*2,A%--'.?0!34%05K D;(O5W()"%';X<$#&$,6$'Y KR'Z#+9d"%$( ;X<$#&$,6$'[ @A'Z#+
8B%F'/%$& E /0!'?1!=45W()"%';X<$#&$,6$'Y KR'Z#+9!()*$#+(, ;X<$#&$,6$'[ 8S'Z#+
@O'Z#+9@O'Z#+9Z#+Z#+
+,%A6*'1"#$,%D;(O5
W()"%';X<$#&$,6$' @O'Z#+9
1%,G'76-*2,A%--'
+,%A6*'1"#$,%+,%A6*'1"#$,%+,%A6*'1"#$,%
@O'Z#+9@O'Z#+9
C*'1.3$&.,$)F=)'-).<),$%&.&3)%).*
d!WJ'e'!LN1
%&%&
#.*'1,0<*-1.$8 SZ/:$X07-.)77$-.$C/!#"
SXMSX c7 L2%>22. ;2,3A%,-B a< /.0 <8"9( @5" &#$%>'%'> .'&A.'[email protected](1"%'> 5@ 8.D 8-%A.(# 85'("5- $:$(#A$ @5" 85AA#"8%.-("18C$M 5@@]B%>B7.: A.8B%'#$ .'& A%-%(.": H#B%8-#$
E3 4."('#" 6#">$("5Ak$ /9 %$ %' W02M %$ . (#8B'5-5>: -#.&#""#85>'%R#& @5" $4#8%.-%$#& /32+ $5-1(%5'$ @5" ,@@]B%>B7.: `+5AA#"8%.- ("18C $#>A#'($
S!MTN c7 L2%>22. 7/$2- /.0 <8"9( @5" A.'[email protected](1"# 5@ 61$ /32+@5" D5(B U%#$#- * F-#8("%8 .'& T"18C S#@"%>#".(%5' 0:$(#A
E3 4."('#" 3.-#5k$ /9 %$ %' e".'8#M %$ . -#.&#" %' TB#"A.-0:$(#A$ A.'.>#A#'(
,1" (B#"A.- $:$(#A$ A.C# 85AA1(%'>M (".H#-%'> .'& (".'$45"(%'>$.@#M >"##' .'& #'c5:.D-#
:,(4%/7).(/#(4
U"2)!&4?$- 3$$D)./#?,
E/2,)>$-#4$77(4
9Z U/##(4B)>$$7(4
:4"?@)3(D4&+(4/#&$-
U"2)!&4?$- 3$$D)./#?,
E/2,) :4"?@)9Z U/##(4B)
:4"?@).Y!> >$%1/?#).Y!> <-#(+4/#(0)3$$D);$"-#).Y!>
S7$$4);$"-#).Y!>
97(?#4&?)!> >(&7&-+);$"-#).Y!>
d!WJ'e'!LN1
%'%'
P).)*'&*-1.$-.$&++$();$E5
%(%(
6)<4.1+13-<&+$V1&,%&=
910:8454;<,.4@K>@?
`1P,910:8454;/1H
a1?$%&-+)=4$0"?#UUST!;*STHW
:(?,-&?/7)!0'/-?(%(-#)V.8G*=&@%58(*-(4.0%()
3(/0&-(22)D$4)9Y)UU++T9*Q!HW*> "4
*$?/7&b/#&$-))LLZ*P)&23$%0
287.<,/89.60I,,
9.@8H?4.7,J1L./;1.@7/48
W,99J,Y,
"/,D2%'<&Z2!
S`RSX'a.&%A+WRX
a1?$%&-+)=4$0"?# 3(/0&-(22)D$4)9Y)UU++T9*Q!HW*> "4
*$?/7&b/#&$-))LLZ*P)&23$%0
d!WJ'e'!LN1;&3)$(0NO R50(2*&7*.7%()75@*45)H(%*.7%(@@.8(7$(*572*(0%.45%(0
&*&*
6)<4.1+13-<&+$V1&,%&=
910:8454;<,.4@K>@?
a:6-B&.3'C,-0#6%A
F-#8("%8)2+6"1$B-#$$)U+)=5(5"$/#.()!1A4)0:$(#A
SI\Zjie)"#.&%'#$$e.8#)+B.'>#)=#&%.0A."()U"%#"$
F)+5A4"#$$5"$0#85'&.":)Y554)/#.()!1A4)0:$(#AW(%-%R.(%5')5@)!T+).%"`855-.'()B#.(#"$)
d264.&6/$'/0E/.62B2.% 12/0&.2AA'5-,')7
`1P,910:8454;/1H
d!WJ'e'!LN1
&)&)
:1%=+)*)$SZ/:$C1+0*-1.7$@1'$&++$C)3%).*7
-@HH18;1.,[email protected] V6H1H
2Z/H7/8;,-4.7L45/4,4L,NQQB TKK/7/48H,48,@004687,4L,QTN=B,>1.;1.
G4>>1.0/@5,,b,ULLEM/;:P@<,^1:/051H
d!WJ'e'!LN1
&!&!
B&#&,2'E"#,$++
4,F&",'D(%Q/$#'M.+&,$++
J%"+)(/$#+
!991'EA-C'M.+&,$++
<!CJ1
T%,U0%$4+9)&#B$%&'() H($0%$4+9)&#B$%&'()
?I$,&-!'&J,$
LJK]->5$
K$6,5#.$'K$6,5#.$'Y5#(.6#$*H($0%$4+9)&#B$%&'()
R'10=$C;.)'3-)7
d!WJ'e'!LN1
&"&"
J131861
N07)7$A 61=$+)2)+$@-.&.<-&+$=)'@1'%&.<)
2V=9CT
MYQ8U_\:;MQP
SSN
!XXN!!!!
!"#$ !"#% !"&'
I7*:.@@.&7*IJZ
GTSJ,RI]
I7*:.@@.&7*IJZ
D&
$) $'
!"#$ !"#% !"&'
d!WJ'e'!LN1
F$65.G^(+9'G(#'>Z8Q'"#$'"+'<$#'J[V--5^(+'G(#'>Z8a'",B'>Z@A'"#$'"+'<$#'J,B'-N'88R
^;ZK
_;IK[;_K
GTSJ,QJ]
&#&#
^456>1H
N07)7$8 !&'()*$91')<&7*!
^456>1H,d7.%0*.7*N!!!0 d7.%0*.7*N!!!0
;&3)$(0NO R50(2*&7*.7%()75@*45)H(%*.7%(@@.8(7$(*572*(0%.45%(0
R! R!
RUOX
OOOP
TX
+WRX +WR! +WRR +WRO +WRT +WRS +WRP
RX !N
RS RQRN
O!OO
I \ \ Z j N [
+WRX +WR! +WRR +WRO +WRT +WRS +WRP-.(0(@*R30(0 9=*R30(0I72.5*R30*:5)H(%*
GTSJP]5.?!'!$Th]5YD
GTSJ,RR]
d!WJ'e'!LN1
&$&$
^456>1H
!),-0%$&.,$S)&2;$6'0<($6'&.7=1'*$V)@'-3)'&*-1.$G!S66VL$8 !&'()*$91')<&7*!
d7.%0*.7*N!!!0
SP
UN
N!X
!!
+W'RX +W'R! +W'RR +W'RO +W'RT +W'RS +W'RP
GTSJ,RT]
d!WJ'e'!LN1
;&3)$(0NO R50(2*&7*.7%()75@*45)H(%*.7%(@@.8(7$(*572*(0%.45%(0
&%&%
J131861
!),-0%$&.,$S)&2;$6'0<(7$W$E@@AS-34>&;$Z)4-<+)7$A61=$+)2)+$@-.&.<-&+$=)'@1'%&.<)
2V=9CT
MYQ8U_\:;FNP
S!
OPP
RUQ
!"#$ !"#% !"&'
I7*:.@@.&7*IJZ I7*:.@@.&7*IJZ
MOO
OP OT
!"#$ !"#% !"&'
GTSJ,hQ]
d!WJ'e'!LN1
F$65.G^(+9'G(#'>Z8Q'"#$'"+'<$#'J[V--5^(+'G(#'>Z8a'",B'>Z@A'"#$'"+'<$#'J,B'-N'88R
]^N;[K
l;_K II;[K
&&&&
^456>1H,
!),-0%$&.,$S)&2;$6'0<(7$W$E@@AS-34>&;$Z)4-<+)7$8 !&'()*$91')<&7*
d7.%0*.7*N!!!0**
d!WJ'e'!LN1
!TN
RUS
OSNTXQ
TTX
+WR! +WRR +WRO +WRT +WRS
"20&#B'/.0'J2/E@'d,#6D'C,-0#6%&-.'+-,26/A%! K-.A%,#6%&-.')I#&:B2.%'</$2A'+-,26/A%6
!"#$%&'89 J,B&",'Id'/"#F$)'>(#$6"+)'"+'<$#'fK'#$<(#)'(G'1!I'-.)(/()&0$'1)B9@9 \GG'c&2*:"4'`$+$"#6*='-.2'@A@A='-#)&6%$')&)%$B'CW*$'6(,+)#.6)&(,'$_.&</$,)'&,B.+)#4'&,'J,B&"H
^456>1H,d7.%0*.7*N!!!0
P!
QPUN
!XXNO
RXRX RXR! RXRR RXRO RXRT
GTSJ,TR]
GTSJ,RR]
&'&'
#.$C0%%&';$B$B$B$
C/,%.2,A4&:'>&%4'3$-L/$'%264.-$-3@'$2/02,A
<-$0'e'OX`XXX';#A'8KbA'/.0'e'QX`XXX'd,#6D'8KA];$->2,A'
*2E2$-:20'RS['B-02$A'&.';#A'8K'?'UX['B-02$A'-5'd,#6D]\55MJ&34>/@'8KA
C2.2%,/%&-.'&.'/$$'B/=-,'\)"A'/.0'/5%2,B/,D2%'6-E2,&.3'K&%@';#A`'9.%2,K&%@`'<64--$`'d/,B/6`'<%/55';#A2A
12/0@'5-,'/$$')$26%,&6';#A':$/%5-,B
12/0@'>&%4'.2>'125,&32,/.%'!ROT@5
)G%2.A&E2'$-6/$&Z/%&-.
+"K)('K/L&.'02A&3.'6/:/L&$&%&2A'-552,&.3'-::-,%#.&%&2A'5-,'6/:%&E2'L/.0>&0%4'5-,'J78K'&.%23,/%&-.
K-B:2%&%&E2'/0E/.%/32'L@'/0-:%&.3':/,%A`'42/%'2G64/.32,A'/.0'6-B:,2AA-,A'5,-B'"-%42,A-.'5/6&$&%&2A'
d!WJ'e'!LN1
Matsui Technologies India Limited (MTIL)JV partner: Matsui Japan 09th October 2020
')')
U&&@.78*L&K()
UG.@@()
:LUU&7/(M&)*R(@%
-(G34.2.1M.78*-)M()
D)573@5%&)\;G)(22()
U&7/(M.78*R@&K()
;.@&:5%().5@*L57H
R@(72()
;3$%.&7*V&66()
F@@*:(%5@;(65)5%&)
F()&*P&K()*V&66()
-&0.78*d7.%
N@86L@076./8;,b,Q@51H,4L,>@0:/81.<,@8K,1R6/?>187,L4.n
7 /$6'4?35#0%3!''?=F5?=5*24%"%4?Z!S5/63B6F?=FS5Yb402'?%=S5<!6$4>360!
7 9%%$?=F5@%$24?%='5
7 8%%15/0%3!''?=F5
7 />60"65@!F"!=4
E0'$N07-.)77
!")+.& W$6*,(%(2&$+'J,B&" 1&/&)$B
'!'!
K"@&(,5-#"-I'&
L%?=45D!=420!5@;:5-5;*(@cO5L6#6=
?#$0<9612-'(5/#-0&'(1
U!C1K$05>.W
/5##&6$#7H'0&-M3;22LMK&00>515-.6
K-#[561L$A5#-(51;<6$*$6&A5
N)",B"%(,$'!"6*&,$
T$/<%(4$$+
!C1L<.6$*5#.
V1;/88/8; -.1H187,Q018@./4,
C!E5L%?=45D!=420!5
;(O+5-580?F!$
-.1H187,Q018@./4,?#$0<9612-'(5O<>>1O>50(5011K-'<4-96<#&'(1^1;..5*=>71
356<+_1U!C`1K$05>.W /5##&6$#7
H'0&-M3;22LMK&00>51
)-.6M;4#&9-M1P$#>01%&051
6,#$<(,1N)K_13K"
K-#[561L$A5#-(51;<6$*$6&A5?-9[-(&'()X6#<.&$'M@5->6,9-#5L$*+>5651
3$><6&$'1?#$A&05#
:5-05#.,&+1+$.&6&$'1&'1LO31&'1;<6$*$6&A5
!QCa$/<%(4$$+
TbQa1L<.6$*5#.
!")+.& W$6*,(%(2&$+'J,B&" 1&/&)$B
'"'"
=".2,#"K"5%0"6-'K,6A'8306A60".2'06'60$2,'!2,0"5%&#L
F3%&4&%./(e*T!^
P5$H58.78X*+T^
V(5@%G$5)(X*T^
#%G()0X*+!^
F3%&4&%./(e*fT^
P5$H58.78X*!^
V(5@%G$5)(X*+^
#%G()0X*NQ^
AX,"*E"& AX,"+E)%
< 98`#:.>54.->!*.-6#I4!G->5#;!+!>5E
< 9"D!4G-E#I!,5"#I4!G->5#;!+!>5E
< T-+!6>*.#:.E!-#I4!G->5#;!+!>5E
< d!,4*#:.E!-#)*4,*4->!*.#,G>#>E
< 8-+G-4ED-.-#3*>D54"*.#\4*?,
< 8?Z?H! 3*>*4"
M);$R'1>*4$W$P'1@-*&X-+-*;$?'-2)'7
7 O=12'40&5h\J5GO)(H50!61&5Ye2?#"!=47 80?F!$5LD5^%053%%$?=F5'%$24?%=7 8634%05h5@%$24?%=
!"#$%&'&()
7 9%"#!4?4?Z!=!''57 Y=F?=!!0?=F56=15.!'?F=5X6'!
*'&+,'-.,#/&0)-1&0-2,/345-*0&46
7 X!4E!!=5;64'2?56=1580?F!$5F$%M6$532'4%"!05M6'!70&33-8"''5%(
7 RW5Ye2?#"!=4' 2=1!051!Z!$%#"!=45^%05#63B6F?=F56=150!3&3$?=F5'!F"!=4'590&:4#/-;,%("-
7 @40%=F5(!6"S5@40%=F532'4%"!05M6'!S5E?1!05?=12'40&5'!F"!=4S51?Z!0'?^?!15#0%1234506=F!
;",6-/$"-<"%"15/3
!")+.& W$6*,(%(2&$+'J,B&" 1&/&)$B
(2F'J3#06A2,#
'#'#
M)().4)
S-34$+)2)+$@-.&.<-&+$=)'@1'%&.<)
U9AX7Q
MYQ8U_\:;[NP
RTS
PPT QXS
!"#$ !"#% !"&'
I7*:.@@.&7*IJZ
8Q^M&FNP
I7*:.@@.&7*IJZ
!T
!!N
!SP
!"#$ !"#% !"&'
8Q^M&QFP
F$65.G
^(+9'G(#'>Z8Q'"#$'"+'<$#'J[V--5^(+9'G(#'>Z8a'",B'>Z@A'"#$'"+'<$#'J,B-N88R
!")+.& W$6*,(%(2&$+'J,B&" 1&/&)$B
N;[K
I[;lK
\\;IK
'$'$
, 9E6().(7$(*h#/()*Qa*M(5)0*.7*%G(*F3%&4&%./(*1.(@2*.7*0(%%.78*36*<=Uk0X*8)((7*1.(@2*6)&b($%0X*'30.7(00*2(/(@&64(7%*X*;%)5%(8M*XP)&'@(4*[email protected]*X**L3)75)&372*'30.7(00(0**572*&6()5%.&75@*(E$(@@(7$(*O*N_*M(5)0*.7*:&%G()0&7*D)&36O
, [email protected].$5%.&7h*:RFX*9E($3%./(*:50%()0*.7*I7%()75%.&75@*R30.7(00*1)&4*IIYLX*-(@G.X*C(52()0G.6*2(/(@&64(7%*1)&4*F24.7.0%)5%./(*0%511*$&@@(8(X*VM2()5'52
!&.&3)%).*$
, W&)H.78*50*)(0.2(7%*2.)($%&)*1&)**@50%*S*M(5)0*K.%G*:LICO*#/()*+T*M(5)0*&1*).$G*(E6().(7$(*K.%G*:5%03.*<5657*.7*(78.7(().78*2(65)%4(7%O*
, #/()*Q!*M(5)0*&1*).$G*(E6().(7$(*&1*'30.7(00*2(/(@&64(7%*.7*53%&4&%./(X*V(5@%G$5)(*572*1&&2*.7230%)MON+*M(5)0*.7*:&%G()0&7*D)&36*K.%G*:LICO
, #/()*+S*M(5)0*&1*(E6().(7$(*.7*05@(0*572*45)H(%*2(/(@&64(7%*1&)*$&&@.78*0&@3%.&7*'30.7(00O**+*M(5)0*.7*:&%G()0&7*8)&36*K.%G*YIU;O
, #/()*+!*M(5)*&1*(E6().(7$(*.7*Y.757$(*572*F$$&37%0*.7*/5).&30*0(84(7%0*&1*.7230%)MO*Q*M(5)0*.7*:LICO*#3%*&1*N+*M(5)0*.7*:&%G()0&7*8)&36O*
W&)H.78*50*)(0.2(7%*2.)($%&)*1&)**@50%*S*M(5)0*K.%G*:LICO*#/()*+T*M(5)0*&1*).$G*
#/()*Q!*M(5)0*&1*).$G*(E6().(7$(*&1*'30.7(00*
#/()*+S*M(5)0*&1*(E6().(7$(*.7*05@(0*572*45)H(%*2(/(@&64(7%*1&)*$&&@.78*0&@3%.&7*'30.7(00O**+*
#/()*+!*M(5)*&1*(E6().(7$(*.7*Y.757$(*572*F$$&37%0*.7*
8=/@ ;/4$!"#$%&#'(
"/A/D/Z#'d/D/.-U%"#8(5")*)+T,)] =T?Y
1/=22E'H-@/$+,,)a=T?Y
df'</,E/./.+=,)ae?+0
;,&=2A4 g#B/,/#.&)e2+T] =T?Y
!")+.& W$6*,(%(2&$+'J,B&" 1&/&)$B
'%'%
#.$C0%%&';OOBPOS['K#A%-B2,';/A2
!XU['*&E2,A&5&20'C,-0#6%'1/.32
OXXX[&.A%/$$/%&-.'&.'OR'6-#.%,&2A
^&02,'&.0#A%,@'A23B2.%'/A'02M,&AD'A%,/%23@'
c-&.%'72.%#,2'>&%4'+,&32$ 9%/$@'5-,'K--$&.3'<-$#%&-.'d264.-$-3@'
K-B:$2%2'A-$#%&-.':,-E&02,'5-,'3,22.'5&2$0':,-=26%A'5-,':$/A%&6':,-62AA&.3'/.0'6--$&.3'A-$#%&-.A'
9.0#A%,@'TfX'V9\dY',2/0@')I#&:B2.%
+/6%-,'T'<-$#%&-.'>&%4'2B:4/A&A'-.'2.2,3@'A/E&.3`':,-0#6%&E&%@'/.0'5--%:,&.%A''
;2&.3':-&A20'/A'3$-L/$'5/6%-,@'5-,'"/%A#&'H,-#:
K,-AA'A2$$&.3'L2%>22.'"/%A#&'/.0'+,&32$ 3$-L/$'6#A%-B2,'L/A2'
"-%42,A-.'H,-#:'<@.2,3&2AMaA&.3'E/A%'"-%42,A-.'$-6/%&-.'.2%>-,D'5-,'3$-L/$'B/,D2%'2G:/.A&-.'/.0'6-A%'A/E&.3'
!")+.& W$6*,(%(2&$+'J,B&" 1&/&)$B
4+%5& 60"&"'!(&1%#5(+'4+%5& 60"&"'!(&1%#5(+'
!"!" #$%&'()*+!+!
'('(
E3)!."('#")2'#$()?7.(.)%$).)lN)
:#."$)5-&)85A4.':)-%$(#&)
%')E.4.')
2?=)%$).)\J):#.")5-&)E3)7%(B)2'#$()?7.(.)+5"45".(%5')
E.4.'
I[NJm)#A4-5:##$)\Jm)@.8%-%(%#$.8"5$$)2$%.M)
2A#"%8.M)F1"54#M),8#.'%.)*)2@"%8.
2'#$()?7.(.)S#H#'1#)
Zl)6%--%5')i#'%')ei)\JIl
2'#$()?7.(.b#:)61$%'#$$#$
V 2%")+5A4"#$$5"$)*)
V !.%'()+5.(%'>)$5-1(%5'$
-&#C(/L#$++(#
A"T../'D./L
J]U.+C(/L#$++(#
!$F&T"%'-&#'Z,&)
64)$]Z$U$$C/!#"$^_`$$/.)7* #>&*&$IH`
-,$+)'J:")"'!()*$#+(,
(*(*
!""#$%$&'()*+,-
)#*#+,-./
IJm
0/1234--5n)ZJJ
N@86L@076./8;,A447?./87?'&%.)] \)!-.'($
d5%&.)*)<"#.(#")d5%&.
Q@51H,`17P4.I,/8,=8K/@RJJ)m)U#.-#"$)%')ZJ)8%(%#$
.$$%$&'()*+,-
UZ-0.'#.R&*)0/%&#.&VQQM8&M)R#1.&0.'&^88&814.$*#)+O$V#3-4H5>#"D-45#!.#:.E!-#!.#8+-66#U5)!,M#"5=+5.>
3-4H5>#65-E54"D!,#!.#X!6#R455#8)4*66#J*+,45""*4"
/.)7* #>&*&$!1*4)'71.R+1X&+$!&.0@&<*0'-.3$S0X$@1'$V)<-='1<&*-.3$:1%=')771'
-,$+)'J:")"'!()*$#+(,
()()
#.,-&$/-'$:1%=')771'$#.,07*';$8 /.$E2)'2-)>$
NNK
\NK
[K
IZK
8+-66#U5)!,M#-.E#X>D54"
0-JB)&L!O':#+#'"#$%&'()'/#,A%+'2)+%--2<%)1%Y'2)&7$+,='%4F%,2%)1%'#)&'2)+%,)#-'%$+2/#+%$
5$./)"(+F0?
8C)$1
B$C",)%C0/".F
L/E$)-
+5AA.'&%'>)!"#$#'8#)%')(B#)A."C#()7%(B)\NK)=."C#()0B."#
0.-#$)%'("5&18(%5')%')?'&%.)$%'8#)\JI_
+1""#'(-:)1'"#4"#$#'(#&M)54#').H#'1#)@5")>"57(B)@5")2?=
J5.>4!@?=-6
;-4=5#U5)!,M
8)452
"/,D2%'<&Z2! h S!';&$$&-.'9F1
-,$+)'J:")"'!()*$#+(,
(!(!
f1<,G6H74>1.H !"#$%&'(%)*+",%&$-./*.0
:07*1%)'$N&7)
T=N,J131861,Q1;>187@7/48,E AX,)%
9?>*+*>!G5K%V U-!62-/"
FV
35E!)-6K$V
\5.54-6#`?"!.5""_OV
=8K6H7.<,[/H1Z 9)4'%)+Y%'80%.3
Z 9)3&$6-#)&3+Y#3#%$,2+*33(,'%
Z\IT+?()-%& C$'D%&#+>'-'
Z >')4#+9)4'%+>'-'
ZY#8'%),#+9)463&$'#3+>'-'
Z5,20')B 5&#&&#$+:9)4'%;+CD&+>&4+
Z R%&%+1(&($3+>'-'
6#4(-+#,(-&-+)1$2&#&$-)&-)+(-(4/7)A"2&-(22))[6%/77)3(?&14$?/#&-+)V 8&7)S4((_*"A4&?/#(0\)
6#(/0&7B)+4$T&-+)&-)!"#$%$#&'()U"2&-(22)))))[9ZU"2)2(+%(-#\))
C4$T&-+)1$#(-#&/7)&-)3/&7T/B2[97(?#4&?)*$?$%$#&'(2\
9]1/-0&-+)4/-+(_1$4#D$7&$)&-);(0&?/7)2(+%(-#
-,$+)'J:")"'!()*$#+(,
("("
Q^ Q^Q^
"^
a^
T+^
+S^
E$"%)*'C"#$'3!GD95'9$2/$,)
8>-.E#-6*.5#J*+,45""*48>-.E#-6*.5#(-)??+#I?+,B4/54"966#!.#X.5#8/">5+#	!4966#!.#X.5#8/">5+#&#(-)??+XC/=5.#I6-.>9))5""*4!5"
:&=&X-+-*-)7$&.,$V1&,%&=
< `5">&!.#)6-""#5.54=/#5@@!)!5.)/
< ;*2#*!6#)*."?+,>!*.< ;*2#G!04->!*.< ;*2#.*!"5
< K%%V#X!6#R455#9!4< I->5.>5E#"5!Z5#@455#E5"!=.< :E5-6#@*4#,?45#-!4#
-,,6!)->!*."
< ;5-E!.=#"?,,6!54#@*4#A&`?"#`4-H!.=#J*+,45""*4"M
< W-4=5>!.=#+-[*4#J*++54)!-6#G5D!)65#XA3"
< K%%%#;I3#`4-H!.=#J*+,45""*4#
" J*.G5.>!*.-6#A65)>4!)#;*)*+*>!G5"M
< K_$%#;I3#`4-H!.=#J*+,45""*4#
" d52#\5.54->!*.#A65)>4!)#;*)*"M#a?.E54#@!56E#>4!-6b
< j_%V! 3-4H5>#"D-45#!.#+5E!)-6#)*+,45""*4"
< \4*2>D#!.#35E!)-6#(-)??+#I?+,"#-.E#!.#966#:.#X.5#35E!)-6#9!4#7#(-)??+#I6-.>"
910:8454;< =8K6H7.<,C/31.H/L/0@7/48,L4.,T00151.@71K,S.4P7:
8#%-B-%&E2 1/&$>/@A J2/$%46/,2
A65)>4!)#;*)*+*>!G5"M
-,$+)'J:")"'!()*$#+(,0-JB)&L!O'"#$%&'()'*)+%,)#-'%$+2/#+%$
(#(#
X/#2"4/);"#$)UL#
978.7(().78*D)5235%(+_*](5)0*&1*9E6().(7$(*K.%G*F7(0%*IK5%5*U&)6O
N!i*](5)0*.7*I72.5*
2-,<>13,-#*-N#9'!","2$#'[ \<$#")&(,+
L9;'5#(B.6)&(,8Te'Z$"#+'(G';X<$#&$,6$':&)*'!()*$#+(,
?#-*$01J13&'(,V!'[ N"%$+'g'!"#F$)&,25VE'Y N"%$+'g'!"#F$)&,2
8ae'Z$"#+'(G'J,B.+)#4';X<$#&$,6$8Ke'Z$"#+'(G';X<$#&$,6$':&)*'!()*$#+(,
=/-@/^)E&+,(U##
RO9O*:($G57.$5@++*](5)0*&1*I7230%)M*9E6().(7$(
Nai*](5)0*&1*9E6().(7$(*K.%G*:&%G()0&7
C*'1.3$W$5F=)'-).<),$!&.&3)%).*$6)&%
Y&2,/7)X/A/0&P)(0.2(7%
UG5)%()(2*F$$&37%57%+!*](5)0*&1*I7230%)M*9E6().(7$(
N"i*](5)0*&1*9E6().(7$(*K.%G*:&%G()0&7
J$.<[5 3,&$'$N#9'!","2$#'[ f-'g'5#(6$++';,2&,$$#&,2
!"+)$#+'&,';,2&,$$#&,28Q'Z$"#+'")'-,$+) J:")"'I(#<9
8&'5.,13&'(,I>\
I*"#)$#$B'-66(.,)",)@A'Z$"#+'(G'J,B.+)#4';X<$#&$,6$
8@e'Z$"#+'(G';X<$#&$,6$':&)*'!()*$#+(,
-,$+)'J:")"'!()*$#+(,
($($
J131861
S-34$+)2)+$@-.&.<-&+$=)'@1'%&.<)
2V=9CT
TOQ
USP NRP
!"#$ !"#% !"&'
I7*:.@@.&7*IJZ
GTSJ,RU]
I7*:.@@.&7*IJZ
ON
!QR !SR
!"#$ !"#% !"&'
_;lK
GTSJ,TR]
\J;IKI^;jKo
f1<,=>?.431>187,B131.H
< J*.)5.>4->5E 5@@*4>" *. ke9;:WS89;A8 >* 5."?45 D5-6>D/ +-4=!."
< R*)?" *. "566!.= >D5 4!=D> IUXBeJW3:L
< B!G54"!@!)->!*. !. "5=+5.>" 6!H5 A&`?"h966&!.&X.5 35E!)-6 I6-.>" -.E 35E!)-6(-)??+ I?+," !+,4*G5E *G54-66,4*@!>-0!6!>/
< (-4!*?" G-6?5 -EE!>!*. -.E )*">*,>!+!Z->!*. !.!>!->!G5"
< T?=5 =4*2>D ,*>5.>!-6 !. A&`?" -.EU-!62-/ "5=+5.>"
JUTG2AX)%QV]
* Effect of New Product Positioning and LaunchesJ&%(hJ&0O*1&)*Y]NT*5)(*50*6()*IBDFFPJ&0O*1&)*Y]N"*572*Y]+!*5)(*50*6()*I72*F;*NNa -,$+)'J:")"'!()*$#+(,
(%(%
61$C0%%&'-a)O
J17@/8,H7.48;,?4H/7/48,/8,Q>@55,J10/?F,G4>?.1HH4.H,O<,ULL1./8;,P4.5K,05@HH,k6@5/7<
2Z?@8K,O6H/81HH,/8,J@/5P@<,B404>47/31,V.@I/8;,G4>?.1HH4.H
2Z?@8K,?.1H1801,/8,Q0.1P,G4>?.1HH4.,Q1;>187,O<,/80.1@H/8;,540@5,0487187
J17@/8/8;,[email protected],[email protected]:/?,/8,;.4P/8;,N1K/0@5,G4>?.1HH4.,O6H/81HHFT5H4#,@KK/8;,4LL1./8;H,@8K,81P,?.4K607H,74,1Z?@8K,7:1,.131861,O@H1
B131.@;1,N47:1.H48mH H7.18;7:,/8,T674>47/31,L4.,;.4P7:,/8,2EV6H,G4>?.1HH4.H
MMII8/)%.F&(%C+-&%.&N%,?".$&F)%1/E&1"/E&B%2+-/&2%//%*&?".$
T001HH,74,SGG,04687./1H,L4.,L6.7:1.,;.4P7:,/8,J10/?.40@7/8;,T/.,G4>?.1HH4.,O6H/81HH
-,$+)'J:")"'!()*$#+(,
!"#$%&'"()*+,-./0"#%1$-2-3%',4('-5!./36!"!" #$%&'()*+!+!
((((
#.*'1,0<*-1.!()*$#+(,9./&'4IS()$T*'H'?$+&2,+'1&/&)$F'3!4I?b
F*U3%%.78B928(*V.BL($G*D@&'5@*IL*;()/.$(0*U&4657M!12345$-6#*/$)7$8-+(*.9-#=3$:*9+$(*&/$)7$;<;0
^."%&)Q'C$#)&S&T")&(, I;#*"!!NX*+!!!!X*+_!!N ;9I*U::. C(/(@*T
K#E12-I5.,1/,-[<#=MN
K#E12-I5.,13#&A-.6-A-
=9N
K#E12-I5.,1 K#E12-I5.,1
S$$#14&-#b *)&2#'cR'T2+2%$db e?.b 5%,/#)=b X#F#)b ?2)<#F(,%b efb B2&&-%'9#$+'
)X+-'.&$'1?>-''50
=,/2()I89 N<"&,'@9 -5-I'3d&"'N&,2"<(#$';,)&)47'W*"&%",B='
!"%"4+&"'g'J,B(,$+&"
=,/2()G89 >#",6$'",B'J)"%4@9 -G#&6"K9 -.+)#"%&"'g'^$:'h$"%",B
C-,%5-$&-
8*"'<2,E&62A
-2&%$'L.+&,$++'-<<%&6")&(,+'E$0$%(</$,)'G(#'V%(?"%'N6"%$'\<$#")&(,+
9.5,/A%,#6%#,2'<2,E&62A
`(?.+)='N$6.#$='>.).#$'#$"B4'JW'J,G#"+)#.6).#$'N$#0&6$+
*)i
J,)$2#")$B';,229'E$+&2,'",B'!",.G"6).#&,2'N(%.)&(,+
)1C
J,B.+)#4'N)B9';`5'N4+)$/+'g'J,*(.+$'<#(B.6)'i$!5#(j
9.0#A%,@'TfX
N/"#)'!",.G"6).#&,2';X<$#)&+$'<(:$#$B'?4'J,*(.+$'<#(B.6)'i&E-INj
H$-L/$';#A&.2AA'<2,E&62A
I%&$,)'\<$#")&(,+'W#",+G(#/")&(,')*#(.2*'5#(6$++';X6$%%$,6$'g'`5-
K$-#0
I%(.B'k(.#,$4';,"?%$/$,)'[ N)#")$24')('!&2#")&(,')('I%(.B'>&#+)'N(%.)&(,+'
K-.A#$%&.3'<2,E&62A
N.+)"&,"?%$'L.+&,$++'d"%.$'g'W#",+G(#/")&(,'.+&,2';X<$#)'-B0&+(#4
!()*$#+(,N./& J^G()$6* g'E$+&2,+89 \.)'(G'SA9Ob='N-!J1'*(%B+'QK9Sb'",B'#$/"&,&,2'*$%B'?4'()*$#'$,)&)&$+
)**)**
6)<4.1+13;$?'-2)'7$J$M);$:&=&X-+-*-)7+W'RX'12E2.#2'Va<*'B&$$&-.Y
BbE``
!cEBd
cEbT bEb! bEC! !EB CEe CETB
.:B?%,G21%$
*)C,#$+,71+7,% :9g 9>H *)&7$+,='UON 5"? T-(7& T()$7-+2)<?%,G21%$
0%>'%@%8.'()?'H#$(A#'()%')-.$()Z):#."$)%')28L1%"%'>).'&)61%-&%'>)+.4.D%-%(%#$
-?!'c.FF-21#+2()$':%G%-(F/%)+''Q'B#2)+%)#)1%d 4,S#"+)#.T).#$
I.+)(/'-<<%&6")&(,+''E$0$%(</$,)'g'N.<<(#)
5#(B.6)''E$0$%(</$,)
;,B[W([;,B'-<<%&6")&(,'!","2$/$,)'N$#0&6$+
QAAAe'N$#0$#+
@AAMe'N.<<(#)'W&6F$)+lZ$"#
aa9aaRb'P<)&/$'
8aAFe'N$#0&6$'`$_.$+)+'Z$"#%4'g'@OFe';/"&%'-66(.,)+'!","2$B
6#4$-+):(?,-$7$+B)=/4#-(42)9?$2B2#(%)V>$--(?#(0)T&#,)U(2#)$D)<-0"2#4B)*(/0(42)
8)R )2?
H'0<.6#71cEC L>$<0
"Y3 L$'.<>6&'(135#A&95.
!()*$#+(,N./& J^G()$6* g'E$+&2,+
)*))*)
:07*1%)'7@)3&84+$15)*+
!2/,&)<-0&/)C7/22)*#0W!%#(@!Q:8*<Q!2,$@)*(B7/-0!4'&?$- <-#(4-/#&$-/7U4/@(2)<-0&/)*&%&#(0U86>.>/-/4/).6U>)8U>*&D(<-2"4/-?(>7/22)*&-@>(-#4()D$4)3/&7T/B)<-D$4%/#&$-)6B2#(%2>$$1(4Z6#/-0/40)!"#$%$#&'(E&+&#/7)!7?,(%BE"=$-#9&?,(4S"#"4&2S<!:S(0(4/7Z;$+"7)=$T(4#4/-C$$0B(/4):&4()/-0)3"AA(4)>$%1/-BC"7D)6#4(/%.$-0/)
.aC.96
.&Z*(]
.a*<*Y6&:"#$4<6aca<-#4/0&(%d>U*/42(-)5):$"A4$;/]).(/7#,?/4(;/4"#&)6"b"@&;$4&4$@";/,&-04/)3&2(;3;"A&2,&);$#$42;?>/77/)3/B%(4)*(&A(4#Q(1#"-()6/&)**=Q(T:(@Q&22/-)*)9-+&-(Q(A"7/)=/4#-(42Q:=>Q&0(?
=/B!2&/=&(4?(3/-()C4$"13('(+B6/7&0$6!=6aQ)=,/4%/6.<QE9QC9Q6.3<3!;6"%&#$%$6$D#)U/-@6&+%/6;*)<2"b":!X!:!:!:!:Y6)3"AA(4:"4A$)9-(4+B)=Y:W)*:EWO$$07/-0F8X8.!;!FXX);/-"D/?#"4&-+)?$%1/-B`;
^*14-&84+$15)*+
GfN f=NB NT92 NNN
NQQB NQ2[ N[Q= -fG
QTNJj QN=T QNJG QTN=B
QN- QNJ
!()*$#+(,N./& J^G()$6* g'E$+&2,+
)*!)*!
!#b?$4&7$R+1X&+$!&.0@&<*0'-.3$5F=)'*-7)$61$?'-2)$R'1>*4$T-*4-.$W$E0*7-,)$E@$!1*4)'71.$R'10=
G6..187,Q0@51,4L,U?1.@7/48H
X77_'D)&36*C&$5%.&70
V777_;()/()0
`77_F66@.$5%.&70
67_'9ZP0*:5758(2
I`KPHHHe);/<%(4$$+
677\_;366&)%L.$H(%0\](5)
ffWffghP<)&/$
9&2,&S&T",)'(LL(#).,&)&$+W.%G.7*:&%G()0&7*D)&36*%&*.7$)(50(*K5@@(%*0G5)(
C(/()58(*8@&'5@*457315$%3).78*(E6().(7$(*%&*2)./(*8)&K%G*1)&4*(E%()75@*$30%&4()0
=80.1@H/8;,V6H/81HH,Q:@.1
<-?4(/2&-+)O/77(#)6,/4()&-);$#,(42$-i2 <:)61(-0)#,4$"+,)Q(T)=4$+4/%2R
H'9#5-.501H'65(#-6&$'1%&6,&'1K$6,5#.$'1"#$<+
@&(,5#1]-><51?#$+$.&6&$'16,#$<(,1F5%1?#$0<961N445#&'(.
Q(]#)K)F4W);<QE)T&77):/4+(#)#$)<-?4(/2()<:)O/77(#)2,/4()D4$%)`Kh)#$)&2)gHh
Q/;8/L/0@87,=84.;@8/0,U??4.768/7<,/8,`1Z7,&,[email protected]
0%>'%@%8.'()?'5">.'%8)>"57(B)5445"(1'%(:)(B"51>B)?'(#>".(%5')5@)d#7)+5A4.'%#$)
%'(5)=5(B#"$5'
!()*$#+(,N./& J^G()$6* g'E$+&2,+
)*")*"
:&=&X-+-*;$521+0*-1.$A P'1D)<*$*1$P'1,0<*$N&7),$]10'.);
)%%% )%%& )%"% :;=C :;=? :;=O :;:;
E$0$%(<'g'N.<<(#)''NmN'm&#&,2'c"#,$++'<#(B.6)&(,'6(,)#(%'+4+)$/'2%(?"%%4
I(#$'N$#0&6$+'Y J,G#"9=';`5='L.+&,$++'-<<%&6")&(,+-:"#B$B'J`IWI'I(,+.%)&,2'<#(D$6)
KHF81).6-=>&.,50 !","2$B'N$#0&6$+'!(B$%I!!'1$0$%'Q'I$#)&G&6")&(,
KHH)e)P$#[4$#95
NKHe)P$#[4$#95
:&/(*%&*-IDILFC*B J.$G(*U&U ;(%36*> I&LX*F75@M%.$0X*U@&32
=87.4K601K,T8@5<7/0H,GUG
94'(22(2*g*L(@(45%.$0*> :.BE@5'V(5@%G$5)(*> ;:V;
A/.H7,=>?51>187@7/48,4L,/CTGQ E A655,Q6/71,N2Q,-.4K607
#).(7%5%.&7*%&K5)20*P)&23$%*R50(2*#11().780
O$-)n^$):(#F'!(,&)(#&,2'5#(D$6)n'G(#'I(//(,'m$"%)*'V"/$+'GHIH
*2E2$-:20'C,-0#6%A'/6,-AA'9.0#A%,&2A'/.0'<23B2.%AJ19<'!7"<
=)*$#'D#(F.T)+'&,'D&L$%&,$')('M$'1".,T*$F
9-d'd2/B'>/A'e5"A#&)(5)S#.-%R#)p?'&1$(":)j;J)E51"'#:q
IgHH)e)P$#[4$#95
[*1'4/$&Y*#).$0$#1.
[*1d)/$&0.'&V)*(#/)&90+)'&Y*#).$0$#1.
!()*$#+(,N./& J^G()$6* g'E$+&2,+
)*#)*#
R'1>*4$?'-2)'7$E@$64)$90*0')
216&8('9
#. X';:+!8*(Y.D(](\=8^,+(S,3,-^,8(LD#_(1 `U=:';:7(<@(X'!,8',!(<@(?"%'&+(\=8,34+!+(N';(248F,!(0+!%-4!,+aL. P5=:;(1 VN))P<2(1 N78%5(LD#A(1 `P5=:;(V,6!(>4b,(=@(&8=>!"(%'(X';%4CLD#Aa
A.'4+$*3&>b; 8614'!"#;$)'=LL(#).,&)Q !"#;$)'=LL(#).,&)QV%(?"%'+<$,B&,2'(,'J,B.+)#4'O9A'+$)')('#&+$'G#(/'PNE'88a'L^'&,'@A@A')('PNE'K8A'L^'&,'@A@K'")'"'@S9AOb'I-V`!
V%(?"%'6%(.B'+<$,B&,2'(,'JW''2#(:&,2'")'!TEQf13I-V`7='$X<$6)$B')(')(.6*'S381bcQ1YF1?4'BCBB1
"/,D2%'F220A <2,E&62'\552,&.3A "/,D2%'F220A <2,E&62'\552,&.3A
I(,,$6)$B'!"6*&,$+'g'>"6)(#4
5%",)'-.)(/")&(,
-,"%4)&6+'"6#(++'N"%$+='N<$,B='>"6)(#4='c`'",B'-.B&)'
I%(.B'!","2$B'N$#0&6$+
&E-IN`\LJN
>-N'3>"6)(#4'-,"%4)&6+'N4+)$/7
^$X)'V$,$#")&(,'!.%)&'I%(.B'!","2$B'N$#0&6$+'35.?%&6'"+':$%%'"+'c4?#&B7
C4$T#,)E4&'(42b *)&7$+,='F,%$%)1%'#1,($$'B#)7C#1+7,2)<Y'.7+(/(+2G%Y'H;#,/#'Q''^%#-+;1#,%'
b .7+(/#+2)<'+;%'B#+%,2#-'^#)&-2)<'?=$+%/'7$2)<'>]"*?'H,(&71+$
b ?/#,+'B#)7C#1+7,2)<'7$2)<'2:.T?
b T-(7&'H#,+)%,$;2F$'E D('$7FF(,+'*)&7$+,='?(-7+2()h$'()'^=0,2&'T-(7&
C4$T#,)E4&'(42b ?+,()<'H#,+)%,'3%+J(,A'#)&'?7FF(,+
c .P?c 5((<-%c T-(7&c .W7,%c @/J#,%c ],#1-%'T-(7&
c .P?'H,%/2%,%'D2%,'F#,+)%,'0='%)&'(C'SNSNc P%--'&%C2)%&'1(/F%+%)1=',(#&'/#Fc `Ni'T-(7&'T%,+2C21#+2()$Y'[N'i'1%,+2C2%&'H,(C%$$2()#-$
X(B)>"2#$%(42
`",$W-W-'-PW\I\!5
!"#.)&'N.U.F&
L#"F$+'J,B&"N.,'5*"#/"I$,).#4'5%4
!()*$#+(,'V#(.<
cP1
Z",G$,2
kL!
N.<#$/$d&+)$(,!"2,"d"%$(
I(+/"
X(B)>"2#$%(42
m((B%",Bg'SAe'I.+)(/$#+
NWI
-%%'J,B&"'`"B&(I`;E-JE$%*&'P,&0$#+&)4INJ`
WcEI'J,B&"'1)B9
!()*$#+(,'V#(.<
J(W='-Jl!1'g'L&2'B")"'
I%(.B'!&2#")&(,'N$#0&6$+
I%(.B'N$6.#&)4
d"%.$'-BB$B'N$#0&6$+
^$X)'V$,$#")&(,'!.%)&'I%(.B'!","2$B'N$#0&6$+'35.?%&6'"+':$%%'"+'c4?#&B7-'`"#$'JW'5%"4$#':&)*'+)#(,2'c(#&U(,)"%'",B'd$#)&6"%'+)#$,2)*
!()*$#+(,N./& J^G()$6* g'E$+&2,+
)*$)*$
R'1>*4$?'-2)'7$E@$64)$90*0')^9V 7#R#$06&W&U.R#.))*#.R&V)*(#/)+!"#;$)'=LL(#).,&)Q !"#;$)'=LL(#).,&)QW()"%'(<<(#).,&)4'+&U$'$+)&/")$B')('2#(:'")'*&2*'+&,2%$'B&2&)+ E&2&)"%';,2&,$$#&,2'+<$,B')('2#(:'G#(/'PNE'88O8'L^'3@A8a7')('PNE'@8QQ'L^'3@A@O7'
")'8ab'I-V`']'g&''$A 8595*=5#1BC!d1#5+$#61
"/,D2%'F220A <2,E&62'\552,&.3A "/,D2%'F220A <2,E&62'\552,&.3A
C4$T#,)E4&'(42b 91()(/='(C'?1#-%b "7$2)%$$'>2$A'B2+2<#+2()b T($+'.&G#)+#<%
b e+2-2W#+2()'*/F,(G%/%)+b ?7F%,2(,'T(/F%+%)1=
b P(,A'C,(/'^(/%'Q ?;2C+$'6-%4202-2+=
C4$T#,)E4&'(42b >%(,<#)2W2)<'+;%'"7$2)%$$'+('5(M +(M
B#,A%+'#$'#)'*)+%<,#+%&':%$2<)'#)&'B#)7C#1+7,2)<'5,(7F'F,(G2&2)<'6e88'?L?D9B'?]8eD*]3?'+('T7$+(/%,$
b ?+,()<':2<2+#-'#)&':%$2<)'F#,+)%,$
b 59]'94F#)$2()'+('3(,+;'./%,21#Y'97,(F%'Q'>]P
b @%,+21#-'94F#)$2()'+('.7+(/(+2G%Y'*)&7$+,2#-'B#)7C#1+7,2)<Y'B%&21#-':%G21%$'Q'.%,($F#1%
X(B)>"2#$%(42 X(B)>"2#$%(42
!"X'c$"%)*I"#$
;$#,(42$-)C4$"1
!-W; !NN1'`N-
N!` N!5
N!5c(,B"'I"#+'E"&/%$#3!$#6$B$+'L$,U7'L*"#")'L$,U'N.U.F&>(#Bk(*,'E$$#$j+cP1J0$6(
`5-3`$/()$'5#(6$++'-.)(/")&(,7'N(%.)&(,+'G(#'L.+&,$++
N"%$+'g'\lL'1(2&+)&6+
>&,",6$'g'-66(.,)&,2
N(.#6&,2'g'5#(6.#$/$,)
`5-'I(,+.%)&,2
!","2$B'N$#0&6$+
`5-'"+'"'+$#0&6$ J,)$2#")&(,
E$+&2,'-.)(/")&(,
VLNI(,+.%)&,2
5#(B.6)'E$+&2,l'E$0$%(</$,)
5#(B.6)'W$+)&,2
5#(B.6)'I(+)'!","2$/$,)35I!7
1(:'d(%./$'!",.G"6).#&,231d!7'
E$+&2,'d"%&B")&(,'",B'1d!'+$#0&6$+'
JJ\W=J\W'N(%.)&(,
E&2&)"%';,2&,$$#&,2
!()*$#+(,N./& J^G()$6* g'E$+&2,+
216&8('9
#.(X'!,8'45(,+!%-4!,+(^4+,;(='(-48F,!(%'!,55%&,'3,L.(S%&%!45(H(0'&%',,8%'&(),8b%3,+(](d%''=b d=',+(1a0UHS(),8b%3,+(S,3,-^,8(LD#Aa
)*%)*%
61=$")2)+$9-.&.<-&+$P)'@1'%&.<)
M)().4)&?')=%--%5')?dS U9AX7Q&?')=%--%5')?dS 94+#.)++&H#Z
!QST
TRXR
+W!S +WRX
!SR
RPQ
+W!S +WRX
QO_
TQ_
RQ_
SO_
+WRX +WRS:&%G()0&7 #3%0.2(
C-G>'8WV
>=-CJ'<a67 b'W'c
!()*$#+(,N./& J^G()$6* g'E$+&2,+
C-G>'86V
NM_V
PM]V
Q$#(2RJ&0O*1&)*Y]NT*5)(*50*6()*IBDFFPJ&0O*1&)*Y]+!*5)(*50*6()*I72*F;*NNa
)*&)*&
C0%%&';
H,->%4')./L$2,A
d/$2.%'?'K#$%#,2 K2.%,2'-5'K-B:2%2.6&2A ;,/.0'902.%&%@'?'\#%,2/64;,/.0'902.%&%@'?'\#%,2/64
o ;+)"?%&+*&,2';/<%(4$$'d"%.$'5#(<(+&)&(,3;d57'>#"/$:(#F')('?$6(/$'"'^&6*$'W"%$,)'!"2,$)
o ^.#).#&,2'V#$")'5%"6$')('m(#F'5#"6)&6$+')('$,+.#$'W"%$,)'`$)$,)&(,'",B'5(+&)&0$';/<%(4$$'!(#"%$'g'1(4"%)4
g2@'(2/02,A C*$#.0. \#&+*,"5#"6)&6$'c$"B[ &8;L3
@"#.,'G.L)"5#"6)&6$'c$"B[ L>$<0
D#";"+*'@*&Q"2"#"N",5#"6)&6$'c$"B[ )23
A&,(F'D"*%"O")5#"6)&6$'c$"B[ "Y3
< "%1#/%'#'?+,()<'ME4&B1B(3&#OP#Q*2/&B 2)'1234#6#C&)2.&3
< f%='.,%#$'_'M .FFO':%G%-(F/%)+'M.:BY'*)C,#$+,71+7,%'Q'9>H
< "7$2)%$$'9-)J3#R A-4'&B3-E#?B-J1#=-G12E(&3#S#Q&E&4B24(EF#4-#MT4&BE2*#A2BK&43#
< H-#='#'04B24&F()#@-*&#(E#OE4&FB24(EF#I&U#=-G12E(&3##$'+;%'5,(7F'%4F#)&$'5-(0#--=
< 9$+#0-2$;%&'f%='=&E4B&#-V#=-G1&4&E)(&3
< IJB4JB&#=J44(EFR&.F&#P&)'E-*-F/#0K(**3&43#M *)&7$+,='UONY'T-(7&Y':2<2+#-'Q'9)<2)%%,2)<'?%,G21%$'#)&'5-(0#-'"7$2)%$$'?%,G21%$'c5"?d
< D,#)$-#+%'H,(j%1+$'Q'?(-7+2()$'94F%,2%)1%'2)'C&D&*-1(EF#?*-,2**/#=-G1&4(4(D&#QB-.J)43#2:.T?Y'^>*?!'%+1O
< ?%++2)<'7F'I&U#?&-FB21'()#ME4(4(&3#S#04B24&F()#>**(2E)&3#2)'#'H;#$%&'B#))%,
o >(6.+&,2'(,'E$0$%(<&,2'V%(?"%'!"#F$)'I(/<$)&)&0$,$++'G(#'\GG$#&,2+
o m(#F&,2':&)*'1$"B&,2'W$6*,(%(24'-B0&+(#43V"#),$#7')('^.#).#$'L$+)[&,[I%"++'L.+&,$++'!(B$%'G(#'M$4'W$6*,(%(24'I(I+
o m(#F&,2')(:"#B+'P,&G&$B'V%(?"%'JB$,)&)4'G(#')*$'I(/<",4
o 5#$<"#&,2'm(#%B[6%"++'5(+&)&(,&,2'!")$#&"%'G(#'L.+&,$++'\GG$#&,2+'",B'P,%(6F&,2'^$:'!"#F$)&,2'g'E$/",B'V$,$#")&(,'I*",,$%+
!()*$#+(,N./& J^G()$6* g'E$+&2,+
© Motherson Group All rights reserved by Motherson and/or its affiliated companies. Any commercial use hereof, especially any transfer and/or copying hereof, is prohibited without the prior written consent of Motherson and/or its affiliated companies. In case of transfer of information containing know-how for which copyright or any other intellectual property right protection may be afforded, Motherson and/or its affiliated companies reserve all rights to any such grant of copyright protection and/or grant of intellectual property right protection. www.motherson.com
Thank you.
)*()*(
! FU*> F.)*U&72.%.&7()
! F-:*B F66@.$5%.&7*-(/(@&64(7%*:5758(4(7%! FI*> F)%.1.$.5@*I7%(@@.8(7$(
! FI:*> F.)*I7%5H(*:57.1&@2
! FI:*> F7(0% IK5%5*:&%G()0&7*P)./5%(*C.4.%(2
! FPFU*> F0.5*P5$.1.$
! F=P*> F00.0%57%*=.$(*P)(0.2(7%! RUU*> R(0%*U&0%*U&37%)M
! RV9C*> RG5)5%*V(5/M*9@($%).$5@0*C.4.%(2
! RIW*> R&2M*.7*WG.%(
! R;*=I*> RG5)5%*;%58(*a*94.00.&7*;%5725)20
! UFDZ*> U&46&372(2*F7735@*D)&K%G*Z5%(! UY#*> UG.(1*Y.757$.5@*#11.$()
! UY;*> U(7%)[email protected](2*Y((2.78*;M0%(4
! UIW*> UG500.0*.7*WG.%(
! U::*> U&B&)2.75%(*:(503).78*:5$G.7(
! U:#*> UG.(1*:5)H(%.78*#11.$()! U##*> UG.(1*#6()5%.78*#11.$()
! UL:IC*> UL:*I72.5*C.4.%(2
! UL#*> UG.(1*L($G7&@&8M*#11.$()! U=*> U&44()$.5@*=(G.$@(0
! -9l*> -.8.%5@*978.7(().78*;()/.$(0
! -IU=*> -5.4@()*I72.5*U&44()$.5@*=(G.$@(0
! -ZC*> -5M*L.4(*Z377.78*C.8G%
! 9RIL-F*> 95)7.780*'(1&)(*I7%()(0%*L5E*-(6)($.5%.&7*g*F4&)%.05%.&7! 9ZP*> 97%()6).0(*Z(0&3)$(*[email protected]
! 9=*> 9@($%).$*=(G.$@(
! YF;*> Y5$%&)M*F75@M%.$0*;M0%(40
! YUF*> Y.5%*UG)M0@()*F3%&4&'.@(0
! YIU;*> Y).8(@ I7%(@@.8(7%*U&&@.78*;M0%(40*I72.5*P)./5%(*C.4.%(2! Y]*B Y.757$.5@*](5)
! DR;*> D@&'5@*R30.7(00*;()/.$(0
! DUU*> D3@1*U&B&6()5%.&7*U&37$.@
! D:*> D(7()5@*:5758()
! D:*> D(7()5@*:&%&)0! VRQ*> R3@'*LM6(
:1%X-.),$R+177&';$HYc
))*))*
! VU=*> V(5/M*U&44()$.5@*=(G.$@(0
! VI-?-T;A*> l(7&7*LM6(*+TW! VPY*> V&%*P)(00*Y&)4.78
! Vj*> V(52`35)%()0
! VZ*> V3457*Z(0&3)$(0
! V=*> V(5%.78*=(7%.@5%.&7
! V=FU*> V(5%.78*=(7%.@5%.&7*572*F.)*U&72.%.&7.78! IDFFP*> I72.57*D(7()5@@M*F$$(6%(2*F$$&37%.78*P).7$.6@(0
! IJZ*> I72.57*Z36((
! I&L*> I7%()7(%*&1*LG.780
! IL*> I71&)45%.&7*L($G7&@&8M
! <=*> <&.7%*=(7%3)(! CgL*> C5)0(7*g*L&3')&
! C9-*> C.8G%*94.%%.78*-.&2(
! CP:*> C.%)(0 6()*:.73%(
! :g:*> :5G.72)5*g*:5G.72)5
! :R;C*B :&%G()0&7*R()80%)&4*V=FU*;&@3%.&7*P)./5%(*C.4.%(2! :DP;*> :(2.$5@*D50*P.6(@.7(*;M0%(4
! :IJ-*B :&%G()0&7*I71&%($G*572*-(0.87*C.4.%(2
! :C*> :5$G.7(*C(5)7.78
! ::F;*> :5)(@@.*:&%G()0&7*F3%&*;306(70.&7*P5)%0
! ::-C*> :&%G()0&7*:&@20*572*-.($50%.78*C.4.%(2
! ::CI*B :5)(@@.*:&%G()0&7*F3%&4&%./(*C.8G%.78*I72.5*P)./5%(*C.4.%(2
! :LIC*B :5%03.*L($G7&@&8.(0*I72.5*C.4.%(2
! :LLC*> :&%G()0&7*L($G7&*L&&@0*C.4.%(2
! JR-*> J(K*R30.7(00*-(/(@&64(7%
! JRYU*> J&7BR57H.78*Y.757$.5@*U&4657M
! J=V*> J&.0(*=.')5%.&7*572*V5)0G7(00
! #9:*> #).8.75@*9`3.64(7%*:57315$%3)()
! PURF*> P).7%(2*U.)$3.%*R&5)2*F00(4'@.(0
! PU:*> P)&23$%*U&0%*:5758(4(7%
! P;F*B P(38(&%*;&$.m%m*F7&7M4(
! PLU*> P&0.%./(*L(46()5%3)(*U&B(11.$.(7%0
! P=*> P500(78()*=(G.$@(0
! Z*g*-*> Z(0(5)$G*572*-(/(@&64(7%
! Z($.6O*> Z($.6)&$5%&)
:1%X-.),$R+177&';$dYc
))))))
! ZYj*> Z(`3(0%*1&)*j3&%(
! Z#FU9*> Z(%3)7*&7*F/()58(*U56.%5@*946@&M(2! ZPF*> Z&'&%.$*P)&$(00*F3%&45%.&7
! ;FFZU*> ;&3%G*F0.57*F00&$.5%.&7*1&)*Z(8.&75@*U&B&6()5%.&7
! ;F:IC*> ;54/5)2G575 :&%G()0&7*I7%()75%.&75@*C.4.%(2
! ;9I*B ;34.%&4&*9@($%).$*I7230%).(0
! ;:D*> ;54/5)2G575 :&%G()0&7*D)&36! ;:V;*> ;54/5)2G575 :&%G()0&7*V(5@%G$5)(*;()/.$(0
! ;d=*> ;6&)%0*d%.@.%M*=(G.$@(
! ;=P*> ;(7.&)*=.$(BP)(0.2(7%
! L-:*> L&&@0*572*-.(0*:5758(4(7%
! LLZ*> L)3$H*L)5706&)%*Z(1).8()5%.&7! dc*> d7.%(2*c.782&4
! d;F*> d7.%(2*;%5%(0*&1*F4().$5
! d;-*\*d;n*> d7.%(2*;%5%(0*-&@@5)
! =:LI*B =5@(& :&%G()0&7*LG()45@*U&44()$.5@*=(G.$@(0*I72.5*C.4.%(2
! =W*> =&@H0K58(7! WU:*> W&)@2*U@500*:57315$%3).78
:1%X-.),$R+177&';$cYc