div class=ts-pagebutton class=gotoPage data-page=1Page 1button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=1 data-page=1 class=ts-thumb lazyload alt=Page 1: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails1jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=2Page 2button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=2 data-page=2 class=ts-thumb lazyload alt=Page 2: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails2jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=3Page 3button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=3 data-page=3 class=ts-thumb lazyload alt=Page 3: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails3jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=4Page 4button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=4 data-page=4 class=ts-thumb lazyload alt=Page 4: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails4jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=5Page 5button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=5 data-page=5 class=ts-thumb lazyload alt=Page 5: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails5jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=6Page 6button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=6 data-page=6 class=ts-thumb lazyload alt=Page 6: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails6jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=7Page 7button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=7 data-page=7 class=ts-thumb lazyload alt=Page 7: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails7jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=8Page 8button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=8 data-page=8 class=ts-thumb lazyload alt=Page 8: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails8jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=9Page 9button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=9 data-page=9 class=ts-thumb lazyload alt=Page 9: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails9jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=10Page 10button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=10 data-page=10 class=ts-thumb lazyload alt=Page 10: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails10jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=11Page 11button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=11 data-page=11 class=ts-thumb lazyload alt=Page 11: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails11jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=12Page 12button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=12 data-page=12 class=ts-thumb lazyload alt=Page 12: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails12jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=13Page 13button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=13 data-page=13 class=ts-thumb lazyload alt=Page 13: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails13jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=14Page 14button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=14 data-page=14 class=ts-thumb lazyload alt=Page 14: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails14jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=15Page 15button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=15 data-page=15 class=ts-thumb lazyload alt=Page 15: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails15jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=16Page 16button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=16 data-page=16 class=ts-thumb lazyload alt=Page 16: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails16jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=17Page 17button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=17 data-page=17 class=ts-thumb lazyload alt=Page 17: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails17jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=18Page 18button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=18 data-page=18 class=ts-thumb lazyload alt=Page 18: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails18jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=19Page 19button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=19 data-page=19 class=ts-thumb lazyload alt=Page 19: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails19jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=20Page 20button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=20 data-page=20 class=ts-thumb lazyload alt=Page 20: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails20jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=21Page 21button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=21 data-page=21 class=ts-thumb lazyload alt=Page 21: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails21jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=22Page 22button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=22 data-page=22 class=ts-thumb lazyload alt=Page 22: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails22jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=23Page 23button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=23 data-page=23 class=ts-thumb lazyload alt=Page 23: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails23jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=24Page 24button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=24 data-page=24 class=ts-thumb lazyload alt=Page 24: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails24jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=25Page 25button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=25 data-page=25 class=ts-thumb lazyload alt=Page 25: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails25jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=26Page 26button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=26 data-page=26 class=ts-thumb lazyload alt=Page 26: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails26jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=27Page 27button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=27 data-page=27 class=ts-thumb lazyload alt=Page 27: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails27jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=28Page 28button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=28 data-page=28 class=ts-thumb lazyload alt=Page 28: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails28jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=29Page 29button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=29 data-page=29 class=ts-thumb lazyload alt=Page 29: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails29jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=30Page 30button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=30 data-page=30 class=ts-thumb lazyload alt=Page 30: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails30jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=31Page 31button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=31 data-page=31 class=ts-thumb lazyload alt=Page 31: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails31jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=32Page 32button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=32 data-page=32 class=ts-thumb lazyload alt=Page 32: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails32jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=33Page 33button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=33 data-page=33 class=ts-thumb lazyload alt=Page 33: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails33jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=34Page 34button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=34 data-page=34 class=ts-thumb lazyload alt=Page 34: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails34jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=35Page 35button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=35 data-page=35 class=ts-thumb lazyload alt=Page 35: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails35jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=36Page 36button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=36 data-page=36 class=ts-thumb lazyload alt=Page 36: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails36jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=37Page 37button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=37 data-page=37 class=ts-thumb lazyload alt=Page 37: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails37jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=38Page 38button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=38 data-page=38 class=ts-thumb lazyload alt=Page 38: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails38jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=39Page 39button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=39 data-page=39 class=ts-thumb lazyload alt=Page 39: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails39jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=40Page 40button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=40 data-page=40 class=ts-thumb lazyload alt=Page 40: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails40jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=41Page 41button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=41 data-page=41 class=ts-thumb lazyload alt=Page 41: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails41jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=42Page 42button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=42 data-page=42 class=ts-thumb lazyload alt=Page 42: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails42jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=43Page 43button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=43 data-page=43 class=ts-thumb lazyload alt=Page 43: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails43jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=44Page 44button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=44 data-page=44 class=ts-thumb lazyload alt=Page 44: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails44jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=45Page 45button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=45 data-page=45 class=ts-thumb lazyload alt=Page 45: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails45jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=46Page 46button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=46 data-page=46 class=ts-thumb lazyload alt=Page 46: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails46jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=47Page 47button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=47 data-page=47 class=ts-thumb lazyload alt=Page 47: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails47jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=48Page 48button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=48 data-page=48 class=ts-thumb lazyload alt=Page 48: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails48jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=49Page 49button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=49 data-page=49 class=ts-thumb lazyload alt=Page 49: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails49jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=50Page 50button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=50 data-page=50 class=ts-thumb lazyload alt=Page 50: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails50jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=51Page 51button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=51 data-page=51 class=ts-thumb lazyload alt=Page 51: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails51jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=52Page 52button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=52 data-page=52 class=ts-thumb lazyload alt=Page 52: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails52jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=53Page 53button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=53 data-page=53 class=ts-thumb lazyload alt=Page 53: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails53jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=54Page 54button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=54 data-page=54 class=ts-thumb lazyload alt=Page 54: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails54jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=55Page 55button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=55 data-page=55 class=ts-thumb lazyload alt=Page 55: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails55jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=56Page 56button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=56 data-page=56 class=ts-thumb lazyload alt=Page 56: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails56jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=57Page 57button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=57 data-page=57 class=ts-thumb lazyload alt=Page 57: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails57jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=58Page 58button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=58 data-page=58 class=ts-thumb lazyload alt=Page 58: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails58jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=59Page 59button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=59 data-page=59 class=ts-thumb lazyload alt=Page 59: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails59jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=60Page 60button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=60 data-page=60 class=ts-thumb lazyload alt=Page 60: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails60jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=61Page 61button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=61 data-page=61 class=ts-thumb lazyload alt=Page 61: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails61jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=62Page 62button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=62 data-page=62 class=ts-thumb lazyload alt=Page 62: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails62jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=63Page 63button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=63 data-page=63 class=ts-thumb lazyload alt=Page 63: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails63jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=64Page 64button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=64 data-page=64 class=ts-thumb lazyload alt=Page 64: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails64jpg width=140 height=200 divdivdiv class=ts-pagebutton class=gotoPage data-page=65Page 65button div class=ts-imageimg data-url=annual-report-2011-fnl-bombay-stock-exchange-jugal-kishore-arora-chairmanhtmlpage=65 data-page=65 class=ts-thumb lazyload alt=Page 65: Annual Report 2011 fnl - Bombay Stock ExchangeJugal Kishore Arora Chairman Dear Fellow Shareowners Greetings! The Financial Year 2010-11 has been quite promising and challenging loading=lazy src=data:imagegifbase64iVBORw0KGgoAAAANSUhEUgAAAAIAAAACCAQAAADYv8WvAAAAD0lEQVR42mP8X8AwAgiABKBAv+vAXklAAAAAElFTkSuQmCC data-src=https:reader034vdocumentssitereader034viewer20220421135e8f41d9da29787b991e61f3html5thumbnails65jpg width=140 height=200 divdiv
