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Canara Robeco Nifty IndexAbridged Annual Report 2013 - 2014

Canara Robeco Asset Management Company Ltd.Corporate Offi ce: Construction House, 4th Floor, 5, Walchand Hirachand Marg, Ballard Estate, Mumbai - 400 001.

Tel. (022) 22621371, 66585000 - 10. Email: [email protected]

BRANCH OFFICES: AHMEDABAD: Unit No.104, Onyx Building, Near Raj Hans Society, IDBI Cross Roads, Off . C.G. Road, Ahmedabad - 380 009. Phone: +91 079-40278936,

Fax: +91 079-40264254, E-mail: [email protected] BANGALORE: 1st Floor, “Sana Plaza”, 21/14-A, M.G. Road, Near Trinity Metro Station,

Bangalore - 560 001. Phone: +91 80 39871400/01, Fax: +91 80 30901092, E-mail: [email protected] CHANDIGARH: Canara Bank, Circle Offi ce,

3rd Floor, Sector 34-A, Chandigargh - 160 022. Phone: +91 172 2648007, E-mail: [email protected] CHENNAI: 770-A, 1st Floor, Spencer Annexe, Anna

Salai, Chennai - 600 002. Phone: +91 44 28492598, E-mail: [email protected] DELHI: 306, Kanchen Junga Bldg., 18, Barakambha Road, New Delhi - 110 001.

Phone: +91 11 23326417/23314175, E-mail: [email protected] GOA: Shop No. F-3, Edcon Tower, Panajim, Goa - 403 001. Phone: +91 832 2422415/

6450631, E-mail: [email protected] HYDERABAD: V. V. Vintage Boulevard, 1st Floor, Municipal H. No.6-3-1093, Somajiguda, Raj Bhavan Road,

Hyderabad - 500 082. Phone: +91 40 39132301/39132302, Fax: +91 40 39132300, E-mail: [email protected] INDORE: 211, City Centre, M.G. Road,

Indore - 452 003. Phone: +91 731 6451222, E-mail: [email protected] KOCHI: Door No. XL/6030, 1st Floor, Al-Falah Plaza, (Opp. Oriental Bank of Commerce),

Broadway North End, Kochi - 682 031.Phone: +91 484 2364846, E-mail: [email protected] KOLKATA: Horizon, Block B, 5th Floor, 57, Chowringhee Road,

Kolkata - 700 071. Phone: +91 33 30584716/17/18, E-mail: [email protected] MANGALORE: 227/2A, Essel Towers, Bunts Hostel Circle,

Mangalore - 575 003. Phone: +91 824 2448804, E-mail: [email protected] MUMBAI: Construction House, 4th Floor, 5, Walchand Hirachand Marg,

Mumbai - 400 001. Phone: +91 22 22621371/66585000/10, E-mail: [email protected] PUNE: C-2, Deccan Mall, 2rd Floor, Next to Deccan Post Offi ce,

Deccan Gymkhana, Pune-411 004, Phone: +91 20 30923820/21/22/23/24, Fax: +91 20 25661454, E-mail: [email protected] SURAT: M-8/9, Jolly Plaza,

Athwagate, Surat - 395 001. Phone: +91 261 6554243, E-mail: [email protected]

Canara Robeco Nifty Index

TRUSTEE REPORT

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As on 31st March, 2014, Canara Robeco Mutual Fund has 24 schemes of which 10 are debt oriented schemes, 7 are equity oriented schemes, 5 are hybrid schemes, 1 is an Exchange Traded Fund & 1 is domestic Fund of Fund.

The average assets under management (AAUM) for the fi nancial year ended 31st March 2014 was Rs. 7341.73 crores as against Rs 8,140.94 Crores for the fi nancial year ended 31st March 2013.

The total number of investors as on 31 March 2014 was 511826 as against 552023 as on March 31, 2013.

During the year, Canara Robeco Mutual Fund launched 2 new products viz. Canara Robeco Capital Protection Oriented Fund - Series 2 (Plan A) in November 2013 & Canara Robeco Medium Term Opportunities Fund in February 2014.

Canara Robeco Capital Protection Oriented Fund - Series 2 (Plan A) is a 3 year closed-ended Capital Protection Oriented scheme that invests in a blend of highest quality fi xed income papers and equity. The fund invests passively in highest rated fi xed income instruments having duration in line with maturity of the scheme with the objective that the fi nal maturity value of fi xed income investments is aimed to be equal or greater than the principal of the scheme.

Canara Robeco Medium Term Opportunities Fund is an open ended debt scheme which aims to generate income and capital appreciation through a portfolio constituted of medium term debt instruments and money market instruments.

During the year, the scheme Canara Capital Protection Oriented Fund - Series 1 - 36 Months (Plan A), a 3 year closed-ended Capital Protection Oriented scheme matured on 7th February 2014 & Canara Robeco Interval Scheme Series - 2 (Quarterly Plan 2), a debt oriented interval scheme was wounded up on 1st October 2013 due to not meeting the requirement of minimum number of investors.

I. FUND PERFORMANCE, FUTURE OUTLOOK AND OPERATIONS OF THE FUND


Canara Robeco Nifty Index is an index linked fund which invests in companies whose securities are a part of the S&P CNX Nifty. The fund has outperformed its benchmark in the last three years. The scheme has marginally underperformed the benchmark since inception, one year & fi ve year period mainly due to tracking error arising out of timing mismatches between fund infl ows and actual deployment.

Fund Performance as on 31.03.2014

ParticularsCanara Robeco Nifty Index -

Regular Plan - Growth@ S&P CNX Nifty

One year (Absolute) 17.59% 17.98%

Three Year (CAGR) 4.76% 4.74%

Five Year (CAGR) 17.00% 17.27%

*Since Inception (CAGR) 14.23% 14.74% @Past performance may or may not be sustained in the future. *Date of Inception: October 8, 2004

Equity Markets Outlook for Financial Year 2014-15

The fi nancial year 2013-14 saw indices viz. S&P BSE Sensex & CNX Nifty touching all time highs due to fall in CAD to multi year low & decrease in both WPI & CPI infl ation and on account of large buying by foreign investors in bluechip stocks following improved growth outlook, Market also remained supported on expectation of formation of stable Government at the centre based on opinion polls.

The equity markets are expected to remain stable with a positive bias till elections. In the event of a clear and decisive mandate, markets are likely to gain momentum from here on.

India is relatively better positioned when compared to the BRIC Nations. Brazil and China are both witnessing a slow down and Russia is surrounded by political uncertainty. Given the stable macro environment coupled with a stable currency scenario, India off ers a relatively better investment opportunity from the FII perspective.

Fixed Income Markets Outlook for Financial Year 2014-15

The impending elections and the fi scal stance of the next government are going to be important inputs for RBI’s policy formulation in the next fi scal year. In the

recent monetary policy meet on April 1st, 2014 RBI has also fl agged concerns on infl ation in terms of increased food prices if EL-Nino conditions materialise, worsening geo-political situation and faster tapering process. G-sec may remain range bound as market starts to build positions ahead of elections but may be wary of uptick in infl ation print.

Liquidity is expected to improve on higher government expenditure and large government bond redemptions in the 1QFY15. Short term rates should continue to ease and the curve is likely to steepen.

CPI infl ation is partly driven by demand, but more so by government policies. Thus, taming infl ation requires close coordination between fi scal and monetary policies. The next government’s policy priorities and fi scal stance will be known when the budget is presented in June/July. A prudent fi scal stance is likely to assist in the dis-infl ationary process over the long term.

Investors, based on their risk profi le and investment horizon, can consider investing in fi xed income funds on a staggered basis.

II. BRIEF BACKGROUND OF SPONSORS, ASSET MANAGEMENT COMPANY & TRUST

a. Sponsors

Canara Bank: Canara Bank, having its Head Offi ce at 112 J C Road, Bangalore 560 002 is a leading Public Sector Bank in India. Canara Bank was established in July 1906 in Karnataka, and was nationalised in 1969. Canara Bank has a presence of over 4755 branches across the country, 5 overseas branches, 1 representative offi ce at Sharjah and 1 joint venture in Moscow with State Bank of India and serves over 5.55million clients through its network. Union of India holds 69% shares in Canara Bank (as on 31st March 2013). The Bank has an unbroken record of profi ts since its inception.

Canara Bank has been rated AAA by CRISIL for their bond issuance program.

Robeco India Holding B.V. (100% subsidiary of Robeco Groep N.V): Robeco Groep N.V., having its Corporate Offi ce at Coolsingel 120, 3011 Rotterdam, The Netherlands is established in 1929 and a leading asset management company providing asset management products and solutions to institutional and private clients worldwide. Robeco’s assets under management were about Euro 205 billion as of December 2013. Robeco has investment presence in Rotterdam, Paris, Zurich, New York and Hong Kong, and sales presence in Australia, Japan, Korea, China, Bahrain, Belgium, Singapore, Germany, Spain, Switzerland, and USA amongst other countries. In 2013, ORIX has bought about 90% of Robeco from Rabobank. It is the center of expertise for asset management within Orix and committed to delivering long-term investment solutions and to providing excellent services to clients.

b. Asset Management Company

Canara Robeco Asset Management Company Ltd. (“AMC”) (formerly known as Canbank Investment Management Services Ltd.) is a company incorporated under the Companies Act, 1956 on 2nd March, 1993, having its registered offi ce at Construction House, 4th Floor, 5, Walchand Hirachand Marg, Ballard Estate, Mumbai - 400 001. Canara Robeco Asset Management Company Ltd. has been appointed as the Asset Management Company of the Canara Robeco Mutual Fund by the Trustee vide Investment Management Agreement (IMA) dated 16th June, 1993 and executed between Canara Robeco Mutual Fund (formerly Canbank Mutual Fund) and Canara Robeco Asset Management Company Ltd (formerly known as Canbank Investment Management Services Ltd.).

The AMC was originally incorporated as Canbank Investment Management Services Ltd. under the Companies Act, 1956 on 2nd March, 1993 to manage the assets of Canbank Mutual Fund (“Fund”). Pursuant to the joint venture documents signed between Canara Bank and Robeco Groep N. V., Robeco India Holding B. V. on 26.09.2007 acquired 49% stake in the AMC and Canara Bank retained the remaining 51%. Consequent to this, the Fund was renamed as Canara Robeco Mutual Fund and the AMC as Canara Robeco Asset Management Company Ltd. The Schemes of the mutual fund have accordingly been renamed to refl ect the joint venture.

c. Canara Robeco Mutual Fund

Canara Robeco Mutual Fund (CRMF) (formerly Canbank Mutual Fund) was originally constituted as a trust on 17/12/1987 in accordance with the provisions of the Indian Trusts Act, 1882 (2 of 1882) by Canara Bank as the Settlor/Sponsor and is duly registered with Securities and Exchange Board of India (SEBI) vide


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registration no. MF/004/93/4 dated 19.10.1993. Subsequently, in 2007, pursuant to a Joint Venture between Canara Bank (51%) & Robeco Groep N V (49%) in the asset management company, Robeco Groep was inducted as the co-Sponsor in the Mutual Fund, which was renamed as Canara Robeco Mutual Fund. CRMF is managed by a Board of Trustees.

The Trustees have appointed Canara Robeco Asset Management Company Ltd. (CRAMC) as Investment Manager under Investment Management Agreement dated 16th June 1993 to manage the assets of CRMF as per Securities and Exchange Board of India (Mutual Funds) Regulations, 1996.

Investment Objectives of the Fund:

Canara Robeco Nifty Index: To generate income/capital appreciation by investing in companies whose securities are included in the S&P CNX Nifty.

III. SIGNIFICANT ACCOUNTING POLICIES

The Accounting policies of the Fund are in accordance with Securities Exchange Board of India (Mutual Fund) Regulations 1996 as amended from time to time.

IV. UNCLAIMED DIVIDENDS & REDEMPTIONS

Summary of No. of Investors & Corresponding amount fundwise as on 31st March, 2014

Sl No. Scheme Name

Unclaimed Dividends Unclaimed Redemptions

Amount (Rs.) No. of Investors Amount (Rs.) No. of Investors

1 Canara Robeco Balance 17394973.03 41511 1373908.24 56

2 Canara Robeco Dynamic Bond Fund 22392.89 6 0.00 0

3 Canara Robeco Emerging Equities 264579.65 305 303815.73 19

4 Canara Robeco Equity Diversifi ed 45470080.33 62007 5463040.17 406

5 Canara Robeco Equity Tax Saver 10686181.17 14687 1272469.51 91

6 Canara Robeco F.O.R.C.E Fund 230049.71 85 515738.44 22

7 Canara Robeco Floating Rate 32628.45 9 0.00 0

8 Canara Robeco Gilt Fund 6125.00 1 0.00 0

9 Canara Robeco Gilt Pgs 141784.74 111 0.00 0

10 Canara Robeco Income 366406.98 226 0.00 0

11 Canara Robeco Indigo Fund 487668.94 435 383353.65 17

12 Canara Robeco Infrastructure 915686.25 914 1738902.31 76

13 Canara Robeco Large Cap+ Fund 0.00 0 366795.52 22

14 Canara Robeco Monthly Income Plan 923235.75 2190 1425698.34 8

15 Canara Robeco Nifty Index 163609.98 125 4270.94 1

16 Canara Robeco Short Term Fund 36612.24 43 0.00 0

17 Canara Robeco Treasury Advantage Fund 3966.20 1 0.00 0

18 GIC Rise I 0.00 0 36722797.43 2776

19 GIC Rise II 0.00 0 28602309.60 2097

20 GIC Big Value 0.00 0 41527600.00 3119

21 GIC Suraksha 96 0.00 0 3037036.42 171

22 GIC Growth Plus 0.00 0 9205043.98 2355

23 GIC Taxsaver Growth Plan 0.00 0 5217925.90 1905

24 GIC Taxsaver'95 0.00 0 4951731.50 771

25 CANSTOCK 2396132.50 2199 2,583,586.05 472

26 CANPEP-94 0.00 0 3,864,052.81 844

27 CANPEP-92 12867533.00 24619 38233613.55 6352

28 CANPEP-91 40571250.00 37001 23,890,854.80 4746

29 CANGROWTH 15599161.50 20082 34,701,097.23 15578

30 CANSHARE 2164787.00 2976 13,844,194.00 3036

31 CAN80CC90 10704502.51 3318 55,341,367.80 4877

32 CANSTARCG & 80L 0.00 0 237787747.20 14239

33 DOUBLE ROLLOVER 998177.50 767 145,599.84 16

34 STOCK ROLLOVER 16937.50 28 84,936.20 26

35 DOUBLE REDEMPTION 0.00 0 42,947,304.40 6021

36 CAN80CC89 0.00 0 5,679,045.00 205

Total 16,24,64,462.82 213,646 60,12,15,836.56 70,324


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V. REDRESSAL OF COMPLAINTS RECEIVED AGAINST CANARA ROBECO MUTUAL FUND DURING FY 2013-14

Name of the Mutual Fund and total number of folios: Canara Robeco Mutual Fund – 511826 ***

Action on (a) and (b)

Complaint Code

Type of Complaint# (a) No. ofComplaints

Pending at the

beginning of the year

(b) No. ofComplaints

received during the

year

Resolved

Non Actionable*

Pending

Within 30 days

30-60 days

60-180 days

Beyond 180 days

0-3 months

3-6 months

6-9 months

9-12 months

I A Non receipt ofDividend on Units 0 790 790 0 0 0 0 0 0 0 0

I B Interest on delayed payment of Dividend 0 4 4 0 0 0 0 0 0 0 0

I C Non receipt ofRedemption Proceeds 0 148 148 0 0 0 0 0 0 0 0

I D Interest on delayed payment of Redemption 0 0 0 0 0 0 0 0 0 0 0

II A Non receipt of Statement of Account / Unit Certifi cate 0 38 38 0 0 0 0 0 0 0 0

II B Discrepancy inStatement of Account 0 3 3 0 0 0 0 0 0 0 0

IIC Data corrections in Investor details 0 270 270 0 0 0 0 0 0 0 0

II D Non receipt of Annual Report/Abridged Summary 0 1 1 0 0 0 0 0 0 0 0

III A Wrong switchbetween Schemes 0 2 2 0 0 0 0 0 0 0 0

III B Unauthorized switch between Schemes 0 1 1 0 0 0 0 0 0 0 0

III C Deviation fromScheme attributes 0 0 0 0 0 0 0 0 0 0 0

III D Wrong or excess charges/load 0 1 1 0 0 0 0 0 0 0 0

III E Non updation of changes viz. address, PAN, bank details, nomination, etc 0 8 8 0 0 0 0 0 0 0 0

IV Others 0 140 138 1 0 0 0 1 0 0 0

Total 0 1406 1404 1 0 0 0 1 0 0 0

# including against its authorized persons/distributors/employees etc. *Non actionable means the complaint that are incomplete/outside the scope of the mutual fund ***Live folios as on 31-Mar-2014

VI. STATUTORY INFORMATION:

a) Canara Bank and Robeco Groep N. V., being the Sponsors are not responsible or liable for any loss resulting from the operation of the schemes of the Fund beyond their initial contribution (to the extent contributed) of Rs. 10 lakhs for setting up the Fund, and such other accretions / additions to the same.

b) The price and redemption value of the units, and income from them, can go up as well as down with fl uctuations in the market value of its underlying investments.

c) Full Annual Report shall be disclosed on the website (www.canararobeco.com) and shall be available for inspection at the Head Offi ce of the Mutual Fund. Present and prospective unit holder can obtain copy of the trust deed, the full Annual Report of the Fund / AMC on payment of requisite fees.

For Canara Robeco Mutual Fund

G. AnantharamanChairmanBoard of Trustees

Place: MumbaiDate: 12th June 2014


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CANARA ROBECO ASSET MANAGEMENT COMPANY LIMITED

POLICY ON VOTING RIGHTS(1) BACKGROUND: Canara Robeco Asset Management Co. Ltd. (CRAMC) is the asset management company for Canara Robeco Mutual Fund (CRMF). In terms of Circular dated 15th March,

2010 issued by Securities Exchange Board of India (SEBI) and subsequent communication/s in this regard, CRAMC has drawn up the following policy on exercise of voting rights attached to the securities issued by the investee Companies. As the investment manager to CRMF, CRAMC is obliged to act in the best interests of the unit holders. CRAMC believes that the principles as laid down in this policy are essential to ensure long-term performance of the assets managed by CRAMC. CRAMC will exercise voting rights with the same level of care and skill as it manages the funds. CRAMC will endeavour to use its infl uence as a shareholder amongst others by exercising its voting rights in the best interests of the unit holders.

(2) PHILOSOPHY The exercise of voting rights requires ongoing review of the corporate governance, industry performance, fi nancial performance of the Company and changes in

management of the investee Companies and also the consideration of the potential impact of a vote on the value of the securities of the investee Companies held by the Funds. For eff ective discharge of the obligations under this policy, CRAMC accesses and utilizes research on fi nancial performance and corporate governance issues, drawn from its in house research team and also from the independent research fi rms on need basis.

The fund managers of the respective scheme shall review all the routine as well as non-routine proposals for which voting rights to be exercised and shall determine its impact on the interest of the unitholders of the respective scheme.

Generally, for all routine proposals of the investee Companies which have no impact on unitholders’ interest, the fund manager may attend the general meetings and/or vote in favour of the Management proposals or may even abstain from attending the general meetings and/or voting on such proposals. However, according to the views of the fund managers, if any proposal of the investee Company(ies) has any adverse impact on the unitholders’ interest, the fund managers shall attend and/or vote against the such proposal.

(3) VOTING GUIDELINES Though the list of the corporate proposals for which voting rights are to be exercised is very wide, some of them are critical, in view of their impact on the value of

investments in long run. Accordingly, the indicative guidelines for voting in such proposals are as follows:

(a) Vote in favour of the proposals: The fund managers of each scheme shall review on case to case basis the economic and strategic aspects and may decide to vote in favour of the following

proposals if in the opinion of the fund manager, the said proposals are in the interest of the unitholders: - Change in registered offi ce from one state to other state - Merger and acquisition - Change in capital structure for future expansion of business - Appointment of independent directors - Matters relating to social responsibilities

(b) To vote against the proposals The fund managers may vote against the following proposals: - Merger and acquisitions if based on the fund managers’ review of the economic and strategic aspects are having adverse impact on the interest of the

unitholders. - Re-appointment of Statutory Auditor when there is convincing evidence of fi nancial irregularities and negligence. - Change in capital structure resulting in excessive dilution of existing shareholders’ value. - Generous stock options resulting in dilution of existing shareholders’ value. - Excessive remuneration to whole time directors/executive directors/Managing Directors/Manager. - Any other issue that may aff ect the interest of the unit holders.

The above guidelines are only indicative in nature. The decision of the fund managers of the respective schemes on the matter of voting shall be fi nal.

(4) DISCLOSURE: The CRAMC shall disclose on the website as well as in the annual report the actual exercise of votes in equity holdings across all the schemes of the fund.

(5) CONFLICT OF INTEREST: The following instances may result in confl ict and therefore impact the decision on voting: a) Fund manager/s having personal investment in the investee Company. b) Investee Company being the distributor to the products of CRMF. c) Investment in group companies of CRAMC. d) Investment by investee Companies in the scheme(s) of CRMF.

In each of the above confl icting situations, the fund managers of the respective schemes shall ensure that the voting on the proposals of such investee Companies is always in the best interest of the unitholders. The fund manager may even decide to abstain from voting where the above confl icting situation exists or the same is in the best interest of the unitholders.

(6) REVIEW & CONTROL Internal controls and checks shall be put in place encompassing the voting mechanism including periodical review of this policy, voting process, voting records,

disclosure of voting rights etc. The Compliance offi cer in consultation with the Management shall review the eff ectiveness of the said checks and controls.

(7) PROCESS FOR VOTING Custodian shall send the AGM/EGM/Postal ballot trackers to Compliance offi cer and fund managers. Fund manager shall review the proposal and will decide the manner of voting. Pursuant to the authority given by the Board of Trustees by its resolution under section 187 of the Companies Act, and based on the recommendations of the fund

manager on the manner of voting Chief executive Offi cer/Chief Operating Offi cer/Compliance Offi cer/Head-Equities/Head-Fixed Income/Head-Risk Management shall issue authorization in favour of any employee/trainee/employee of the agency hired for the purpose of voting.

Compliance department shall maintain all the relevant records relating to voting.

(8) REPORTING OF VOTING DETAILS CRAMC shall annually place before the Board of Trustees a detailed report on exercise of voting rights.

(9) REVIEW OF THE POLICY: This policy will be subjected to annual review. The reviewed policy with necessary changes, if any, will be placed for the approval of the Board of the Directors of

CRAMC and for noting by the Board of Trustees of CRMF.


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REPORT OF EXERCISE OF VOTING RIGHTS : APRIL 2013 TO MARCH 2014

Date ofMeeting

Type of Meeting (AGM/

EGM/CCM/Postal Ballot)

Proposal Management recom-

mendation

Vote(For/

Against/Abstain)

06-Feb-2013 Postal Ballot APOLLO TYRES LTD.: Re-appointment of Mr. Onkar S. Kanwar as Managing Director.

For For

07-Mar-2013 Postal Ballot POWER GRID CORPORATION OF INDIA LTD.: Alteration of Articles of Association.

For For

25-Mar-2013 Postal Ballot COLGATE PAMOLIVE (INDIA) LTD.: Sale and transfer of the Company Global Shared Services Organization (GSSO Division), as a going concern by way of a slump sale to Colgate Global Business Services Private Ltd., Mumbai, a 100% subsidiary of its ultimate holding company, Colgate-Palmolive Company, USA with eff ect from June 1, 2013.

For For

04-Apr-2013 EGM DLF LTD.: Issue of Equity Shares through institutional placement programme. Reappointment of Mr. T. C. Goyal as Managing Director of the Company. Re-appointment of Ms. Pia Singh as Whole-time Director of the Company.

For Abstain

05-Apr-2013 AGM ACC LTD.: Adoption of the Audited Statement of Profi t and Loss. Declaration of Dividend. Re-appointment of Mr. N. S. Sekhsaria, Mr. Shailesh Haribhakti as Directors who retire by rotation. Resignation of Mr. Naresh Chandra, Mr. Rajendra A. Shah as Directors. Appointment of Messrs S. R. Batliboi & Co. as Statutory Auditors of the Company.

For For

08-Apr-2013 Postal Ballot ADITYA BIRLA NUVO LTD.: Sale/Transfer of Company’s 3 (Three) manufacturing Hi- Tech Carbon Black Units in India at Gummidipoondi, Patalganga and Renukoot to SKI Carbon Black (India) Private Ltd., an Aditya Birla Group Company.

For For

19-Apr-2013 Postal Ballot WIPRO LTD.: Issue of equity shares to Wipro Equity Reward Trust & creation of Wipro Equity Reward Trust Employees Stock & Purchase Plan 2013.

For For

22-Apr-2013 Postal Ballot CAIRN INDIA LTD.: Amendment to Cairn India Performance Option Plan 2006.

For For

25-Apr-2013 Postal Ballot JINDAL STEEL & POWER LTD.: Issue of shares to employees of the company & subsidiary company under Employee Stock Purchase Scheme.

For For

02-May-2013 AGM GUJARAT PIPAVAV PORT LTD.: Adoption of the Audited Accounts of the Company. Re-appointment of Mr. Dinesh Lal, Mr. Pankaj Kumar, IAS & Mr. Martin Gaard Christiansen as Directors who retire by rotation. Appointment of M/s. BSR & Associates as Auditors and fi xing their remuneration. Appointment of Mr.Henrik L. Pedersen, Mr.Pradeep Mallick & Mr.Tejpreet S. Chopra as Directors of the company liable to retire by rotation Payment of remuneration to Managing Director Mr. Prakash Tulsiani.

For Abstain

04-May-2013 Postal Ballot JAIPRAKASH ASSOCIATES LTD.: Providing security to lenders of Jaiprakash Power Ventures Ltd. Providing security/guarantee to lenders of Jaypee Infratech Ltd.

For For

07-May-2013 AGM RANBAXY LABORATORIES LTD.: Adoption of the Audited Accounts of the Company. Re-appointment of Dr. Tsutomu Une & Mr. Rajesh V. Shah as Directors who retire by rotation. Appointment of Auditors and fi xing their remuneration. Appointment of Dr. Kazunori Hirokawa, as Director of the company. Payment of remuneration to Dr. Kazunori Hirokawa, Director.

For Abstain

08-May-2013 AGM NESTLE INDIA LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Confi rmation of the three interim dividends. Re-appointment of Dr. (Mrs.) Swati A. Piramal as a Director who retires by rotation. Appointment of M/s. A.F. Ferguson & Co., as statutory auditors of the Company and fi xing their remuneration. Appointment of Mr. Aristides Protonotarios as Director of the company liable to retire by rotation. Appointment of Mr. Aristides Protonotarios as the Whole-Time Director, designated as “Director-Technical” and payment of remuneration.

For For

08-May-2013 AGM FUTURE RETAIL LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Re-appointment of Mr. Shailesh Haribhakti, Mr. S. Doreswamy, Mr. Gopikishan Biyani as Directors who retire by rotation. Appointment of Auditors and fi xing their remuneration.

For For

09-May-2013 EGM KOTAK MAHINDRA BANK LTD.: Preferential allotment of Equity shares.

For Abstain

10-May-2013 Postal Ballot FUTURE RETAIL LTD.: Scheme of Amalgamation of Future Value Retail Ltd. with Future Retail Ltd. and their respective shareholders and creditors.

For For

15-May-2013 Postal Ballot SHOPPERS STOP LTD.: Sale and transfer of the the business conducted by the company with ELCA Cosmetics P. Ltd. to Gateway Multichannel Retain (India) Ltd.

For For

16-May-2013 AGM HEIDELBERG CEMENT INDIA LTD.: Adoption of the Audited Accounts of the Company. Re-appointment of Dr. Bernd Scheifele, Dr. Lorenz Naeger, Mr. S. Krishna Kumar as Directors who retire by rotation. Appointment of Messrs S. R. Batliboi & Co. as Statutory Auditors of the Company. Borrowing of monies by way of loans or issue of securities.

For For

22-May-2013 Postal Ballot LARSEN & TUBRO LTD.: Issue of Bonus Shares in the rato 1:2.

For For

24-May-2013 Court Convened Meeting

NTPC LTD.: Scheme of Amalgamation between NTPC Hydro Ltd. & NTPC Ltd.

For For

30-May-2013 Postal Ballot SUN PHARMACEUTICAL INDUSTRIES LTD.: Increase in Authorized Share Capital of the Company. Alteration of Clause V of Memorandum of Association. Capitalization of reserves for issue of Bonus Equity Shares in the ratio of 1:1.

For For

30-May-2013 Postal Ballot TORRENT PHARMACEUTICALS LTD.: Increase in Authorized Share Capital of the Company & alteration in capital clause of the Memorandum of Association. Issue of Bonus Equity Shares in the ratio of 1:1.

For For

31-May-2013 Court Convened Meeting

TATA CONSULTANCY SERVICES LTD.: Compostie Scheme of Arrangement between Tata Consultancy Services Ltd., TCS e-Serve Ltd. & TCS e-Serve International Ltd.

For For

04-Jun-2013 AGM BATA INDIA LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend Re-appointment of Mr. Uday Khanna & Mr. Atul Singh as Directors who retire by rotation. Appointment of Auditors and fi xing their remuneration. Appointment of Mr. Gigi Abraham as Director of the company desginated as Group Brands Director liable to retire by rotation & payment of remuneration.

For For


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05-Jun-2013 EGM BHARTI AIRTEL LTD.: Preferential allotment of Equity Shares. Amendment to Articles of Association.

For For

06-Jun-2013 AGM RELIANCE INDUSTRIES LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Re-appointment of Shri Mahesh P. Modi, Dr. Dharam Vir Kapur, Dr. Raghunath A. Mashelkar and Shri Pawan Kumar Kapil as Directors who retire by rotation. Appointment of Auditors and fi xing their remuneration. Payment of Commission to Non-executive directors of the company.

For For

07-Jun-2013 AGM RAYMONDS LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Re-appointment of Mr. Nabankur Gupta & Mr. Shailesh Haribhakti as Directors who retire by rotation. Retirement of Mr. Akshay Chudasama as Director. Appointment of Auditors and fi xing their remuneration.

For For

08-Jun-2013 AGM YES BANK LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Re-appointment of Mrs. Radha Singh and Mr. Ajay Vora as Directors who retire by rotation. Appointment of Mr. Diwan Nanda, Mr. Ravish Chopra, Mr. M. R. Srinivasan as Directors of the company. Appointment of Auditors and fi xing their remuneration. Revision in Remuneration of Mr. Rana Kapoor, MD & CEO. Issue of securities.

For For

10-Jun-2013 Court Convened Meeting

FUTURE RETAIL LTD.: Scheme of Amalgamation of Future Value Retail Ltd. with Future Retail Ltd. and their respective shareholders and creditors.

For For

18-Jun-2013 Postal Ballot HATHWAY CABLE & DATACOM LTD.: Borrowing of monies by way of loans or issue of securities. Creation of mortgage to secure loans/borrowings.

For For

21-Jun-2013 AGM STATE BANK OF INDIA: Adoption of the audited Balance Sheet and the Profi t and Loss Statement.

For For

24-Jun-2013 AGM ASIAN PAINTS LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of fi nal dividend & confi rmation of Interim Dividend. Re-appointment of Mr. Mahendra Choksi, Mr. Mahendra Shah & Mr. S. Ramadorai as Directors who retire by rotation. Retirement of Ms. Tarjani Vakil as Director. Appointment of Mr. M. K. Sharma Mr. Ravish Chopra, Mr. M. R. Srinivasan as Directors of the company. Appointment of Auditors and fixing their remuneration. Revision in remuneration payable to Mr. Jalal Dani (relative of Comapny’s Directors, Mr. Ashwin Dani & Mrs. Ina Dani) holding a place of profi t as President - HR, International & Chemicals Revision in remuneration payable to Mr. Manish Choksi (relative of Comapny’s Directors, Mr. Ashwin Choksi & Mr. Mahendra Choksi) holding a place of profit as President - Home Improvement, IT & Suppy Chain. Appointment of & payment of remuneration to Mr. Vivek Vakil (relative of Comapny’s Directors, Mr. Abhay Vakil & Mr. Amar Vakil) to hold a place of profi t as Executive - Corporate Finance. Sub-division of equity shares. Amendment of Memorandum of Association. Amendment of Articles of Association.

For For

24-Jun-2013 AGM INDUSIND BANK LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of fi nal dividend. Re-appointment of Mr. S. C. Tripathi & Dr. T. T. Ram Mohan as Directors who retire by rotation. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. R. Seshasayee as Part-time Chairman of the Bank. Re-appointment of Mr. Romesh Sobti as Managing Director and CEO.

For For

24-Jun-2013 AGM ASHOKA BUILDCON LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Mr. Gyan Chand Daga as Director of the company liable to retire by rotation. Appointment of Mrs. Astha Katariya, Daugther-in-law of Mr. Ashok Katariya as Deputy General Manager - Accounts. Appointment of Mr. Aditya Satish Parakh, son of Mr. S. D. Parakh as Sr. Manager – Business Monitoring. Revision of the remuneration to Mr. Ashok Katariya, Whole time director, designated as Chairman. Revision of the remuneration to Mr. Satish Dhondulal Parakh. Managing Director. Revision of the remuneration to Mr. Sanjay Londhe, Whole time director. Reclassifi cation of Redeemable preference shares. Subdivision of equity shares. Amendment of Memorandum of Articles. Issue of Bonus shares. Amendment of the existing Employee Stock Option Scheme of the Company.

For For

26-Jun-2013 AGM BANK OF BARODA: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of fi nal dividend. Re-appointment of Statutory Auditors of the company and fi xing their remuneration. Re-appointment of Mr. Sharadchandra Abhyankar & Mr. Michael Pinto as Directors who retire by rotation.

For For

27-Jun-2013 AGM SESA GOA LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Re-appointment of Mr. K. K. Kaura & Mr. J. P. Singh as Directors who retire by rotation. Re-appointment of Mr.Amit Pradhan as Wholetime Director of the Company. Appointment of Auditors and fi xing their remuneration.

For Abstain

27-Jun-2013 AGM HDFC BANK LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Re-appointment of Mr. Bobby Parikh & Mr. A. N. Roy as Directors who retire by rotation. Appointment of Auditors and fi xing their remuneration. Appointment of Mr. Vijay Merchant as Director of the company liable to retire by rotation. Issue of equity shares to employees of the Bank under ESOS. Re-appointment of Mr. Paresh Sukthankar as Executive Director of the Bank.

For For

27-Jun-2013 EGM BHARAT HEAVY ELECTRICALS LTD.: Approval of Modifi ed Draft Rehabilitation Scheme incorporating Amalgamation between Bharat Heavy Plate & Vessels Ltd. & BHEL.

For For

28-Jun-2013 AGM INDIAN BANK: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend.

For For

29-Jun-2013 AGM PUNJAB NATIONAL BANK: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend.

For For

29-Jun-2013 AGM BANK OF INDIA: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend.

For For

01-Jul-2013 AGM NIIT TECHNOLOGIES LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr.Vijay K. Thadani & Mr. Amit Sharma as Directors who retire by rotation.

For For

02-Jul-2013 AGM TATA COFFEE LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of fi nal dividend & confi rmation of interim dividend. Appointment of Statutory Auditors and fixing their remuneration. Re-appointment of Mr. R. K. Krishna Kumar & Prof. Arun Monappa as Directors who retire by rotation. Retirement of Mr. U. Mahesh Rao as Director. Appointment of Mr. Harish Bhat as Director of the company liable to retire by rotation. Appointment of Mr. Hameed Huq as Managing Director of the Company and fi xation of remuneration.

For For

REPORT OF EXERCISE OF VOTING RIGHTS : APRIL 2013 TO MARCH 2014 (contd....)

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05-Jul-2013 AGM HAVELLS INDIA LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend Appointment of Statutory Auditors and fi xing their remuneration. Re-appointment of Shri Surender Kumar Tuteja & Dr. Adarsh Kishore as Directors who retire by rotation. Re-appointment of Shri Qimat Rai Gupta as Chairman and Managing Director of the company & fi xation of remuneration. Re-appointment of Shri Anil Rai Gupta as the Joint Managing Director of the company & fi xation of remuneration. Fixation of remuneration being paid to Shri Rajesh Gupta, Director (Finance) of the Company.

For For

17-Jul-2013 AGM MASTEK LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Statutory Auditors and fi xing their remuneration. Re-appointment of Dr. Rajendra Sisodia & Ms. Priti Rao as directors who retire by rotation. Appointment of Mr. Atul Kanagat as a Director liable to retirement by rotation. Payment of Commission to Non-Executive Directors. Grant of stock options under Employee Stock option plan - ESOP plan VII.

For For

18-Jul-2013 AGM KOTAK MAHINDRA BANK LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Asim Ghosh & Mr. Prakash Apte as Directors who retire by rotation. Appointment of Mr. S. Mahendra Dev as Director of the Bank. Increase in Authorised Share Capital of the Bank. Alteration of Memorandum of Association. Increase in ceiling limit on total holdings of FII in the equity share capital of the Bank.

For For

19-Jul-2013 AGM HDFC LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Deepak Parekh, Mr. Keshud Mahindra, Mr. Naseer Munjee & Mr. D. M. Sukthankar as Directors who retire by rotation. Appointment of Branch Auditors for Dubai branch and fi xing their remuneration. Borrowing of monies.

For For

19-Jul-2013 AGM BAJAJ AUTO LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. J. N. Godrej, Mr. S. H. Khan, Mr. Suman Kirloskar & Mr. Naresh Chandra as directors who retire by rotation.

For For

19-Jul-2013 AGM UNICHEM LABORATORIES LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Prafull Anubhai & Mr. Anand Mahajan as Directors of the company who retire by rotation. Re-appointment of Dr. Prakash A. Mody as the Chairman & Managing Director of the Company.

For For

23-Jul-2013 AGM BLUE DART EXPRESS LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. sharad Upasani as Director who retire by rotation. Revision in remuneration of Mr. Anil Khanna, MD of the company.

For For

24-Jul-2013 AGM D. B. CORP. LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of fi nal dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Kailash Chaudhary & Mr. Piyush Pandey as Directors who retire by rotation.

For For

24-Jul-2013 AGM CAIRN INDIA LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Confi rmation of interim dividend and declaration of fi nal dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Naresh Chandra & Mr. Edward T Story as Directors who retire by rotation. Appointment of Mr. P. Elango liable to retire by rotation & as Director & Whole time Director of the Compnay and fi xation of remuneration

For For

24-Jul-2013 AGM CENTURY TEXTILES AND INDUSTRIES LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. B. K. Birla & Mr. Arvind C. Dalal as Directors who retire by rotation. Payment of commission to non-executive Directors of the company. Reappointment of Shri B. L. Jain as the Whole Time Director of the Company.

For For

24-Jul-2013 AGM WABCO INDIA LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Leon Liu & Mr. Narayan K. Seshadri as Directors retiring by rotation. Appointment of Mr. Michael Edward Thompson as Director of the company.

For For

25-Jul-2013 AGM LIC HOUSING FINANCE LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. S. Ravi & Mr. Jagdish Capoor as Directors who retire by rotation. Appointment of Mr. V. K. Sharma as Managing Director & CEO of the Company.

For For

25-Jul-2013 AGM VA TECH WABAG LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Bhagwan Dass Narang & Mr. Jaithirth Rao as Directors who retire by rotation.

For For

25-Jul-2013 Postal Ballot RAYMONDS LTD.: Transfer of Suits Manufacturing Plant of the company to its wholly owned subsidiary, Silver Spark Apparel Ltd as going concern on slump sale basis

For For

26-Jul-2013 Postal Ballot TRENT LTD.: Scheme of Amalgamation between Landmark Ltd. and Fiora Link Road Properties Ltd. and Trexa ADMC Private Ltd. and Trent Ltd. and their respective shareholders and creditors. Utilisation of the Securities Premium Account.

For For

26-Jul-2013 AGM ITC LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration Re-appointment of Mr. Dinesh Mehrotra, Mr. Sunil Mathur & Mr. P. B. Ramanujam as Directors who retire by rotation. Appointment of Ms. Meera Shankar, Mr. Sahibzada Syed Habib-ur-Rehman as Directors of the company liable to retire by rotation. Re-appointment of Mrs. Astha Katariya, Daugther-in-law of Mr. Ashok Katariya as Deputy General Manager - Accounts. Re-appointment of Mr. Kurush Grant as Director liable to retire by rotation and Whole time director of the company. Payment of Commission to non-executive Directors.

For For


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26-Jul-2013 AGM TORRENT PHARMACEUTICAL LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Confi rmation of interim dividend and declaration of fi nal dividend. Appointment of Auditors and fi xing their remuneration. Retirement of Cr. Prasanna Chandra & Mr. Sanjay Lalbhai as Directors. Making Mr. Sudhir Mehta as non-rotational director. Appointment of Mr. Pradeep Bharagava as Director liable to reitre by rotation. Increase in borrowing limits. Creation of charge on company’s properties.

For For

26-Jul-2013 AGM HINDUSTAN UNILEVER LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Confi rmation of interim dividend & special dividend and declaration of fi nal dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Harish Manwani, Mr. Nitin Paranjpe, Mr. Sridhar Ramamurthy, Mr. S. Ramadorai, Mr. Aditya Narayan, Mr. O. P. Bhatt, Dr. Sanjiv Misra & Mr. Pradeep Banerjee as Directors who retire by rotation. Appointment of Dr. Sanjiv Misra as Director of the company liable to retire by rotation. Payment of commission to non-executive Directors of the company.

For For

26-Jul-2013 AGM CESC LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. B. M. Khaitan & Mr. P.K. Khaitan as Directors retiring by rotation. Appointment of Mr. Aniruddha Basu as Director of the company. Re-appointment of Mr. Aniruddha Basu as Whole-time Director & payment of remuneration. Creation of charge on company’s properties. Payment of commission to non executive directors. Delisting the equity shares of the Company from London Stock Exchange.

For For

29-Jul-2013 Postal Ballot JAIPRAKASH ASSOCIATES LTD.: Providing security to lenders of Jaiprakash Power Ventures Ltd. Providing security/guarantee to lenders of MP Jaypee Coal Ltd.. Making additional investment of upto Rs.40 crores in Bhilai Jaypee Cement Ltd. and Bokaro Jaypee Cement Ltd. Providing Undertakings to lenders of Kanpur Fertilizers & Cement Ltd.

For abstain

29-Jul-2013 AGM COLGATE-PALMOLIVE (INDIA) LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. J. K. Setna & Mr. V. S. Mehta as Directors who retire by rotation. Appointment of Mr. Godfrey Nthunzi as Director of the company. Appointment of Mr. Godfrey Nthunzi as Wholetime Director of the Company.

For For

29-Jul-2013 AGM PERSISTENT SYSTEMS LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of fi nal dividend. Appointment of Auditors and fixing their remuneration. Re-appointment of Mr. Prakash Telang as Director who retires by rotation. Retirement of Mr. P. B. Kulkarni as Director.

For For

29-Jul-2013 AGM MADRAS CEMENT LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of DR. A. Ramakrishna as Director who retires by rotation. Change in name of company from “Madras Cements Ltd.” to “The Ramco Cements Ltd”.

For For

29-Jul-2013 EGM SADBHAV ENGINEERING LTD.: Preferential allotment of Warrants. Raising of funds by way of Rights Issue.

For For

29-Jul-2013 AGM JAIPRAKASH ASSOCIATES LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Pankaj Gaur, Mr. V. K. Chopra, Dr. B. Samal, Mr. Sunny Gaur & Mr. B. K. Goswami as Directors retiring by rotation.

For For

29-Jul-2013 AGM IDFC LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Dr. Omkar Goswami & Mr. Shardul Shroff as Directors who retire by rotation. Appointment of Mr. Joseph D. Silva. Ms. Snehalata Shrivastava as Directors of the company liable to retire by rotation. Appointment of Dr. Rajiv Lall as Executive Chairman. Appointment of Mr. Vikram Limaye as Managing Director & CEO. Payment of commission to non-executive Directors of the company. Issuance of shares under ESOS upto 2% of issued capital of the Company. Decrease in limit of FII holding in the equity share capital.

For For

29-Jul-2013 AGM ULTRATECH CEMENT LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mrs. Rajashree Birla, Mr. R. C. Bhargava & Mr. S. Rajgopal as Directors who retire by rotation Appointment of Mr. Rajiv Dube as Director of the company liable to retire by rotation. Appointment of Dr. Rajiv Lall as Executive Chairman. Introduction of “UltraTech Employee Stock Option Scheme - 2013” for the permanent employees of the company and its holding/subsidiary companies.

For For

29-Jul-2013 Postal Ballot KPIT TECHNOLOGIES LTD.: Alteration of Objects Clause of Memorandum of Association. Scheme of Amalgamation between the company and Sparta Infotech India P. Ltd.

For For

30-Jul-2013 AGM ALSTOM INDIA LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. A. K. Thaiagarajan as Director retiring by rotation. Re-appointment of Mr. S. M. Momaya as Whole-time Director & CFO of the company.

For For

30-Jul-2013 AGM SHOPPERS STOP LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Gulu Mirchandani & Mr. Deepak Ghaisas as Directors retiring by rotation.

For For

30-Jul-2013 AGM LPCA LABORATORIES LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Babulal Jain, Mr. Anand T. Kusre & Dr. V. V. Subba Rao as Directors who retire by rotation. Appointment of Dr. Ramakanta M. Panda as Director of the company liable to retire by rotation. Re-appointment of and remuneration payable to Mr. Premchand Godha as the Managing Director of the Company.

For For

31-Jul-2013 AGM DR. REDDY’S LABORATORIES LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Dr. Ashok S Ganguly, Dr. J P Moreau & Ms. Kalpana Morparia as Directors retiring by rotation. Re-designation of Mr. G. V. Prasad as Chairman and Chief Executive Offi cer of the Company. Re-designation of Mr. Satish Reddy as Vice Chairman in addition to his role of Managing Director and Chief Operating Offi cer of the Company.

For For


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31-Jul-2013 Postal Ballot BHARTI AIRTEL LTD.: Slump Sale of Data Center and Managed Services Business to Nxtra Data Ltd., a Wholly Owned Subsidiary of Bharti Airtel Ltd.

For For

02-Aug-2013 AGM TRENT LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Confi rmation of interim dividend. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. N. N. Tata & Mr. B. Bhat as Directors who retire by rotation. Payment of commission to non-wholetime Directors of the company.

For For

02-Aug-2013 Postal Ballot BAYER CORPSCIENCE LTD.: Buy-back of Equity shares.

For For

02-Aug-2013 AGM GLENMARK PHARMACEUTICALS LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. D. R. Mehta, Mr. Sridhar Gorthi & Mr. J. F. Riberio as Directors who retire by rotation.

For For

03-Aug-2013 EGM INFOSYS LTD.: Appointment of Mr. N. R. Narayan Murthy as Whole-time Director of the company.

For For

05-Aug-2013 AGM DIVI’S LABORATORIES LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Dr. G. Suresh Kumar & Mr. Madhusudana Rao as Directors who retire by rotation. Appointment of Mr. R. Ranga Rao as Director of the company liable to retire by rotation.

For For

06-Aug-2013 AGM NAVNEET PUBLICATIONS (INDIA) LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Dr. R. Varadarajan & Shri Tushar K. Jani as Directors who retire by rotation. Appointment of Shri Gnanesh D. Gala, Shri Raju H. Gala, Shri Bipin A. Gala, Shri Anil D. Gala, Shri Shailendra J. Gala, Shri Atul J. Shethia, Mr. Mohinder Pal Bansal, Mr. Nilesh S. Vikamsey as Directors of the company liable to retire by rotation. Appointment of Shri Gnanesh D. Gala as Managing Director of the Company & fi xing of remuneration. Appointment of Shri Raju H. Gala as Joint Managing Director of the Company & fi xing of remuneration. Appointment of Shri Bipin A. Gala, Shri Anil D. Gala, Shri Shailendra J. Gala & Shri Atul J. Shethia as Wholetime Directors of the Company. Change of name of the Company from ‘NAVNEET PUBLICATIONS (INDIA) LTD.’ to ‘NAVNEET EDUCATION LTD.’ and subsequent change in Memorandum & Articles of Association. Appointment of Shri Kalpesh H. Gala, Vice President who is a relative of Shri Raju H. Gala, Joint Managing Director of the Company, to hold and continue to hold the offi ce or place of profi t under the Company. Appointment of Shri Ketan B. Gala, Vice President-Marketing who is a relative of Shri Bipin A. Gala, Wholetime Director of the Company, to hold and continue to hold the offi ce or place of profi t under the Company. Appointment of Shri Sanjeev J. Gala, Vice President-Marketing who is a relative of Shri Shailendra J. Gala, Wholetime Director of the Company, to hold and continue to hold the offi ce or place of profi t under the Company. Borrowing of monies. Creation of charge/mortgage of company’s properties. Contribution to any national, charitable benevolent, public or other such funds, association or institutions not directly relating to the business of the Company or the welfare of its employees upto an amount of Rs.25 crore

For For

06-Aug-2013 Postal Ballot THE KARUR VYSYA BANK LTD.: Issue of Equity Shares under Qualifi ed Institutions Placement (QIP) to Qualifi ed Institutional Buyers. Increasing the FII holding limit in the Bank upto 40% of the Paid-up capital.

For For

07-Aug-2013 AGM ZYDUS WELLNESS LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Confi rmation of interim dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Prof. Indiraben J. Parikh, Mr. Mukesh M. Patel & Dr. Sharvil P. Patel as Directors who retire by rotation.

For For

07-Aug-2013 AGM ALEMBIC PHARMACEUTICALS LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Paresh Saraiya & Mr. Milin Mehta as Directors retiring by rotation. Appointment of Mr. Shaunak Amin as Director of the company liable to retire by rotation. Revision in remuneration of Mr. Pranav Amin, Director & President - International Business. Appointment of Mr. Shaunak Amin as Director & President - Branded Formulations Business.

For For

07-Aug-2013 AGM LUPIN LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Dr. Kamal Sharma, Ms. Vinita Gupta & Mr. Nilesh Gupta as Directors who retire by rotation. Appointment of Mr. Dileep Choksi as Director of the Company. Approval for investment by FIIs in equity share capital of the company.

For For

07-Aug-2013 AGM ORIENT CEMENT LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Directors in place of retiring Directors. Appointment of Mr. Vinod Kumar Dhall, Mr. Rabindranath Jhunjhunwala as Directors of the Company liable to retire by rotation. Appointment of Mr. Desh Deepak Khetrapal as Managing Director of the company. Revision in remuneration of Mr. Desh Deepak Khetrapal, CEO & Managing Director of the company.

For For

07-Aug-2013 AGM APOLLO TYRES LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Nimesh N. Kampani, Dr. S. Narayan & Mr. A. K. Purwar as Directors who retire by rotation. Appointment of Mr. Vikram S. Mehta as Director of the company liable to retire by rotation. Re-appointment of Mr. Neeraj Kanwar as Managing Director of the Company. Re-appointment of Mr. Sunam Sarkar, CFO as as a Whole time director of the Company.

For For

08-Aug-2013 AGM ENTERTAINMENT NETWORK (INDIA) LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. A. P. Parigi & Mr. Narayanan Kumar as Directors retiring by rotation. Reappointment of Mr. Prashant Panday as the Whole-time Director designated as ‘Executive Director & Chief Executive Offi cer’ of the Company, not liable to retire by rotation. Appointment of Mr. Nagesh Satyanarayan Basavanhalli, Ms. Vibha Paul Rishi as Directors of the company liable to retire by rotation.

For For

08-Aug-2013 Postal Ballot IL&FS TRANSPORTATION NETWORKS LTD.: Issue of Non-Convertible Redeemable Preference Shares.

For For


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08-Aug-2013 AGM PAGE INDUSTRIES LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Ramesh Genomal & Mr. Nari Genomal as Directors who retire by rotation. Appointment of Mr. B. C. Prabhkar & Mr. Pius Thomas as Directors of the company liable to retire by rotation. Appointment of Mr. Pius Thomas as Wholetime Director of the Company. Revision in remuneration of Mr.Shamir Genomal, son of Sunder Genomal, MD of the company who holds an offi ce or place of profi t as GM-Operations. Re-appointment of Mr. Shamir Genomal, son of Sunder Genomal, MD, to hold and continue to hold the offi ce or place of profi t as GM-Operations. Increase in limit of FII holding in the Company under Portfolio Investment Scheme. Payment of commission to non-executive Directors of the company.

For For

08-Aug-2013 AGM JET AIRWAYS (INDIA) LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Victoranio P. Dungca & Mr. Aman Mehta as Directors who retire by rotation. Increase in the Borrowing Limits. Re-Appointment of Mr. Nivaan Goyal, a relative of Mr. Naresh Goyal, Chairman of BOD, to an Offi ce or Place of Profi t as ‘Executive - Service Development’. Re-Appointment of Ms. Namrata Goyal, a relative of Mr. Naresh Goyal, Chairman of BOD, to an Offi ce or Place of Profi t as ‘Senior Executive - Service Development’.

For For

12-Aug-2013 CCM LARSEN & TUBRO LTD.:Scheme of Arrangement between Larsen & Tubro Ltd. & L&T Hydrocarbon Engineering Ltd.

For For

12-Aug02013 AGM DLF LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Brig. (Retd.) N. P. Singh, Mr. B. Bhushan & Mr. K. N. Memani as Directors who retire by rotation.

For Abstain

13-Aug-2013 AGM MAHINDRA & MAHINDRA LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Anand G. Mahindra, Mr. Nadir B. Godrej & Mr. Anupam Puri as Directors who retire by rotation. Retirement of Dr. A. S. Ganguly as Director of the Company.

For For

14-Aug-2013 AGM WHIRLPOOL INDIA LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Simon Scarff & Mr. Sanjiv Verma as Directors who retire by rotation. Re-appointment of Mr. Arvind Uppal as Chairamn & Managing Director of the Company.

For For

14-Aug-2013 AGM TATA STEEL LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Nusli N. Wadia, Mr. Subodh Bhargava, Mr. Jacobus Schraven & Dr. Karl-Ulrich Koehler as Directors who retire by rotation. Appointment of Mr. D. K. Mehrotra, Mr. Koushik Chatterjee, Mr. O. P. Bhatt as Directors. Appointment of Mr. Koushik Chatterjee as Executive Director and Group Chief Financial Offi cer.

For Abstain

16-Aug-2013 AGM TATA POWER COMPANY LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. R. Gopalakrishnan, Mr. Thomas Mathew T. & Mr. N. H. Mirza as Directors who retire by rotation. Appointment of Ms. Vishakha Mulye as Director. Re-appointment of Mr. S. Padmanabhan as Executive Director. Payment of Commission to Non-Executive Directors. Appointment of Branch Auditors.

For Abstain

17-Aug-2013 AGM GRASIM INDUSTRIES LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Shailendra K. Jain, Dr. Thomas M. Connelly, Mr. M. L. Apte & Mr. R. C. Bhargava as Directors who retire by rotation. Introduction and implementation of “Grasim Industries Ltd. Employee Stock Option Scheme - 2013”. Appointment of Branch Auditors.

For For

19-Aug-2013 AGM HINDUSTAN MEDIA VENTURES LTD. : Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Smt. Shobhana Bhartia, Shri Benoy Roychowdhury & Shri Priyavrat Bhartia as Directors who retire by rotation. Payment of remuneration to Shri Benoy Roychowdhury, Whole-time Director of the Company. Payment of Commission to Non-Executive Directors.

For For

19-Aug-2013 EGM HATHWAY CABLE & DATACOM LTD.: Preferential allotment of equity shares to P6 Asia Holding Investments IV (Mauritius) Ltd.

For For

21-Aug-2013 AGM TATA MOTORS LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Nusli N. Wadia & Dr. Raghunath A. Mashelkar as Directors who retire by rotation. Appointment of Ms. Falguni S. Nayar, Mr. Karl J. Slym as Directors of the company. Appointment of Mr. Karl J. Slym as the Managing Director. Payment of Commission to Non-Executive Directors. Increase in the limit for holding by registered Foreign Institutional Investors (FIIs) for ‘A’ Ordinary Shares.

For For

22-Aug-2013 AGM LARSEN & TOUBRO LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Retirement of Mrs. Bhagyam Ramani as Director. Re-appointment of Mr. Subodh Bhargava, Mr. M. M. Chitale as Directors who retire by rotation. Appointment of Mr. M. Damodaran, Mr. Vikram Mehta, Mr. R. Shankar Raman & Mr. Shailendra Roy as Directors of the company. Issue of Securities. Revision in payment of Commission to Managerial Personnel.

For For

22-Aug-2013 AGM CIPLA LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Retirement of Mr. Ramesh Shroff as Director. Re-appointment of Mr. M. R. Raghavan, Mr. Pankaj Patel as Directors who retire by rotation. Appointment of Mr. Ashok Sinha as Director of the company liable to retire by rotation. Appointment of Mr. Subhanu Saxena as the Managing Director of the Company designated as “Managing Director and Global Chief Executive Offi cer”. Appointment of Mr. M. K. Hamied as Whole-time Director of the Company designated as “Executive Vice-Chairman”. Revision in the terms of remuneration of Mr. Kamil Hamied, a relative of Mr. M. K. Hamied, Director of the Company designated as “Chief Strategy Offi cer” Revision in the terms of remuneration of Mrs. Samina Vaziralli, a relative of Mr. M. K. Hamied, Director of the Company designated as “Head Strategic Projects - Cipla New Ventures”. Approval of Employee Stock Option Scheme 2013-A & issue of options to employees of the company. Approval of Employee Stock Option Scheme 2013-A & issue of options to employees of its subsidiary company. Approval of Employee Stock Option Scheme 2013-B & issue of stock options to Mr. Rajesh Garg, Global Chief Financial Offi cer. Payment of commission to the Non-Executive Directors.

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22-Aug-2013 AGM KEWAL KIRAN CLOTHING LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of fi nal dividend and confi rmation of 3 interim dividends. Appointment of Statutory Auditors and fi xing their remuneration. Appointment of Joint Statutory Auditors and fi xing their remuneration. Re-appointment of Mr. Hemant P. Jain, Mr. Vikas P. Jain & Dr. Prakash A. Mody as Directors who retire by rotation. Appointment of Mr. Yogesh A. Thar as Director of the company liable to retire by rotation. Revision in remuneration payable to Mr. Pankaj K. Jain holding an offi ce of profi t under the Company as a ‘President - Retail’ Revision in remuneration payable to Mr. Hitendra H. Jain holding an offi ce of profi t under the Company as a ‘Manager’ not being a Manager within the meaning of Section 2(24) read with Section 385 of the Companies Act, 1956’.

For For

23-Aug-2013 AGM ENGINEERS INDIA LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of fi nal dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Shri D. Moudgil, Shri Sanjay Gupta, Dr. J. P. Gupta & Shri Bijoy Chatterjee as Directors who retire by rotation. Appointment of Dr. Archana S. Mathur, Ms. Veena Swarup, Shri Ajay N. Deshpande & Shri R. N. Choubey as Directors of the company.

For For

23-Aug-2013 AGM DISH TV INDIA LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Subhash Chandra & Mr. Eric Louis Zinterhofer as Directors who retire by rotation.

For For

23-Aug-2013 AGM SUNDRAM FASTENERS LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement Appointment of Auditors and fi xing their remuneration. Re-appointment of Sri V. Narayanan & Sri R. Ramakrishnan as Directors who retire by rotation. Re-designation of Ms. Arundathi Krishna, Whole-time Director of company as Deputy Managing Director of the Company. Appointment of Ms. Arundathi Krishna as Managing Director of the Company (designated as Deputy Managing Director).

For For

23-Aug-2013 Postal Ballot LUPIN LTD.: Appointment of Dr. Kamal K Sharma, as Vice Chairman of the Company. Appointment of Ms. Vinita Gupta, as Chief Executive Offi cer of the Company. Appointment of Mr. Nilesh Gupta, as Managing Director of the Company.

For For

27-Aug-2013 AGM RELIANCE INFRASTRUCTURE LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend Appointment of Auditors and fi xing their remuneration. Re-appointment of Shri R. R. Rai & Shri K. Ravikumar as Directors who retire by rotation. Issue of Securities to the Qualifi ed Institutional Buyers.

For Abstain

27-Aug-2013 AGM JUBILANT LIFE SCIENCES LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Shyam S. Bhartia & Mr. Shardul S. Shroff as Directors who retire by rotation. Re-appointment of Mr. Shyamsundar Bang as Executive Director of the Company. Modifi cation of the “Jubilant Employees Stock Option Plan 2005” and “JLL Employees Stock Option Plan 2011”. Appointment of Mr. S. Sridhar as Director of the company.

For For

27-Aug-2013 AGM CONTAINER CORPORATION OF INDIA LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Confi rmation of interim dividend and declaration of fi nal dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Shri Anil Kumar Gupta, Shri Harpreet Singh, Smt. P. Alli Rani & Shri Manoj K. Akhouri as Directors who retire by rotation. Re-appointment of Mr. Shyamsundar Bang as Executive Director of the Company. Modifi cation of the “Jubilant Employees Stock Option Plan 2005” and “JLL Employees Stock Option Plan 2011”. Appointment of Shri Sudhir Mathur, Shri Pradeep Bhatnagar, Shri Deepak Gupta, Shri M. P. Shorawala & Shri Kundan Sinha as Part-time Non-Offi cial Directors of the company liable to retire by rotation. Allotment of Bonus Shares.

For For

27-Aug-2013 AGM HT MEDIA LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Ajay Relan & Mr. Rajiv Verma as Directors who retire by rotation. Re-appointment of Smt. Shobhana Bhartia as Chairperson and Editorial Director of the company. Re-appointment of Smt. Shamit Bhartia as Whole-time Director of the company. Revision in remuneration payable to Mr. Rajiv Verma, Whole-time Director redesignated as CEO of the company. Post-facto approval to Media- Space Sales Agreement between the company and IESPL. Modifi cation of ‘HTML Employee Stock Option Scheme’. Modifi cation of ‘HTML Employee Stock Option Scheme 2009’. Payment of Commission to non executive directors.

For For

27-Aug-2013 AGM MARUTI SUZUKI INDIA LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. D. S.Brar, Mr. Amal Ganguli & Mr. Keiichi Asai as Directors who retire by rotation. Appointment of Mr. Kenichi Ayukawa as Managing Director & CEO. Appointment of Mr. Toshiaki Hasuike as Joint Managing Director. Appointment of Mr. R. P. Singh as Director liable to retire by rotation. Payment towards stay and other related expenses of Mr. Shinzo Nakanishi, Director.

For For

29-Aug-2013 AGM BAYER CORPSCIENCE LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Dr. Vijay Mallya & Mr. A. K. R. Nedungadi as Directors who retire by rotation. Appointment of Dr. Thomas Hoff mann as Director & Whole-time Director of the company.

For For

30-Aug-2013 AGM KIOCL LTD. : Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Fixing remuneration of Statutory Auditors. Re-appointment of Shri Vinai Kumar Agarwal as Director who retires by rotation. Appointment of Shri Malay Chatterjee, Shri M. V. Subba Rao, Shri Lokesh Chandra, Shri Vinod Kumar Thakral as Directors not liable to retire by rotation. Appointment of Shri S. Manoharan, Shri P. K. Bajaj, Dr. S. Raghunath as Directors liable to retire by rotation. Approval to carry on the business of “project management consultancy services”.

For For

05-Sep-2013 AGM HINDUSTAN PETROLEUM COPORATION LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Re-appointment of Mr. S. K. Roongta, Smt. Nishi Vasudeva, Mr. Anil Razdan & Mr. G. K. Pillia as Directors who retire by rotation. Appointment of Dr. Gitesh Shah, Mr. K. V. Rao, Mr. R. K. Singh & Mr. B. K. Namdeo as Directors liable to retire by rotation.

For For

05-Sep-2013 AGM BHARTI AIRTEL LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Ajay Lal, Ms. Tan Yong Choo as Directors who retire by rotation. Retirement of Mr. Pulak Prasad as Director Appointment of Mr. Manish Kejriwal & Ms. Obiageli Katryn Ezekwesili as Directors liable to retire by rotation.

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05-Sep-2013 AGM PRESTIGE ESTATES PROJECTS LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of fi rst and fi nal dividend. Appointment of Statutory Auditors and fi xing their remuneration. Re-appointment of Mr. Rezwan Razack & Mr. Noaman Razack as Directors who retire by rotation. Increase in remuneration of Ms. Uzma Irfan, Executive Director (Corporate Communications) of the Company. Increase the remuneration of Mr. Faiz Rezwan, Executive Director (Contracts & projects) of the Company. increase in remuneration of Mr. Zaid Sadiq, Executive Director (Liasoning & Hospitality) of the Company. Increase in remuneration of Ms. Sana Rezwan, Executive Director (Retail) of the Company.

For For

06-Sep-2013 AGM NEYVELI LIGNITE CORPORATION LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of fi rst and fi nal dividend. Re-appointment of Shri. Sarat Kumar Acharya, Shri. R. K. Mishra, Shri. M. M. Sharma & Shri. A.P. V. N. Sarma as Directors who retire by rotation. Appointment of Shri. N. S. Palaniappan, Dr. A. K. Dubey, Shri. S. Rajagopal & Shri. M. S. Ravindranath as Directors liable to retire by rotation.

For For

06-Sep-2013 AGM ADITYA BIRLA NUVO LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of fi rst and fi nal dividend. Appointment of Joint Statutory Auditors and fi xing their remuneration. Appointment of Branch Auditors & Joint Branch Auditors and fi xing their remuneration. Re-appointment of Mr. Kumar Mangalam Birla, Mr. G. P. Gupta & Mr. T. Chattopadhyay as Directors who retire by rotation. Appointment of Mr. Lalit Naik as Director liable to retire by rotation & as Whole-time Director of the Company designated as ‘Deputy Managing Director’ of the Company. Introduction and implementation of the “Aditya Birla Nuvo Ltd. Employee Stock Options Scheme 2013” for permanent employees of the Company & its present and future holding/subsidiary companies.

For For

07-Sep-2013 AGM TEXMACO RAIL & ENGINEERING LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Shri Sampath Dhasarathy and Shri Akshay Poddar as Directors who retire by rotation. Appointment of Shri Sunil Mitra as Director liable to retire by rotation. Re-appointment of Shri Ramesh Maheshwari as the Executive Director and Executive Vice Chairman of the Company. Re-appointment of Shri D. H. Kela as an Executive Director of the Company.

For For

10-Sep-2013 AGM HINDALCO INDUSTRIES LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Kumar Mangalam Birla and Mr. A. K. Agarwala as Directors who retire by rotation. Appointment of Mr. Jagdish Khattar as Director liable to retire by rotation. Reappointment of Mr. D. Bhattacharya as the Managing Director of the Company. Appointment of Mr. Satish Pai as director not liable to retire by rotation. Introduction and implementation of the ‘Hindalco Industries Ltd. Employee Stock Option Scheme 2013 for permanent employees of the Company & its present and future holding/subsidiary companies.

For Abstain

11-Sep-2013 AGM HERO MOTOCORP LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Dr. Pritam Singh, Mr. M. Damodaran and Mr. Paul Edgerley as Directors who retire by rotation. Renewal of remuneration by way of Commission to Non-Executive and Independent Directors.

For For

16-Sep-2013 AGM IDEA CELLULAR LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mrs. Rajashree Birla, Ms. Tarjani Vakil, Mr. Biswajit A. Subramanian & Dr. Rakesh Jain as Directors who retire by rotation. Retirement of Dr. Shridhir Sariputta Hansa Wijayasuriya as Director liable to retire by rotation. Issue of Securities under Employee Stock Option Scheme. Extension of benefi ts of the Employee Stock Option Scheme to the employees of holding/subsidiary company(ies). Raising of funds through issuance of equity shares.

For For

16-Sep-2013 Postal Ballot YES BANK LTD.: Consent of the Board of Directors to borrow in excess of the aggregate of the paid-up capital and free reserves of the company upto a limit of Rs.30000 Cr.

For For

18-Sep-2013 Postal Ballot DLF LTD.: Alteration in the Articles of Association of the Company to increase the maximum number of Directors. Re-appointment of Dr. K. P. Singh as Whole-time Director of the Company designated as ‘Chairman’.

For Abstain

20-Sep-2013 AGM BHARAT PETROLEUM CORPORATION LTD. Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Re-appointment of Shri K. K. Gupta & Shri B. K. Datta as Directors who retire by rotation. Retirement of Shri Tom Jose & Dr. Neeraj Mittal as Director liable to retire by rotation.

For For

21-Sep-2013 AGM OIL INDIA LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Confi rmation of interim dividend and declaration of fi nal dividend. Fixing remuneration of Statutory Auditors. Re-appointment of Shri T. K. Ananth, Smt. Rashmi Aggarwal as Directors who retire by rotation. Appointment of Shri Anup Mukerji, Shri Suresh Chand Gupta, Shri Bhaskar Ramamurthi, Shri Shekhar Chaudhuri, Shri Nalin Kumar Srivastava & Shri Gautam Barua As Non-Offi cial Part-Time Directors of the company liable to retire by rotation.

For Abstain

24-Sep-2013 AGM UNITED SPIRITS LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Dr. Vijay Mallya as Director retiring by rotation. Appointment of Mr. Gilbert Ghostine, Mr. Ravi Rajagopal, Mr. Arunkumar Ramanlal Gandhi, Mr. Sudhakar Rao, Mr. Sivanandhan Dhanushkodi, Ms. Renu Sud Karnad, Mr. Paul Steven Walsh, Mr. Vikram Singh Mehta as Directors liable for retirement by rotation. Appointment of Mr. P. A. Murali as a Director not liable to retirement by rotation. Appointment of Mr. P. A. Murali as Executive Director. Revision in the terms of remuneration payable to Mr. Ashok Capoor, Managing Director. Alteration of Articles of Association of the Company.

For Abstain

24-Sep-2013 Postal Ballot HINDUSTAN UNILEVER LTD. Appointment of Mr. Sanjiv Mehta as the Managing Director and Chief Executive Offi cer of the Company.

For Abstain

25-Sep-2013 AGM GAIL (INDIA) LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of fi nal dividend & confi rmation of interim dividend. Fixing remuneration of Statutory Auditors. Re-appointment of Shri S. Venkatraman, Shri P. K. Jain & Shri Arun Agarwal as Directors who retire by rotation. Appointment of Shri P. K. Singh, Shri Rajive Kumar as Directors of the company liable to retire by rotation. Appintment of Shri M. Ravindran as as Director (HR) of the company liable to retire by rotation.

For Abstain


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25-Sep-2013 AGM NMDC LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Fixing of remuneration of Statutory Auditors. Re-appointment of Shri C. S. Verma as Chairman-cum-Managing Director, retiring by rotation. Re-appointment of Shri N. K. Nanda, as Director (Technical), retiring by rotation. Re-appointment of Shri S. Thiagarajan, as Director (Finance), retiring by rotation. Re-appointment of Shri S. K. Das, as Director (Commercial), retiring by rotation. Re-appointment of Shri S. Bose, as Director (Production), retiring by rotation. Re-appointment of Shri Rabindra Singh, as Director (Personnel), retiring by rotation. Re-appointment of Shri R. N. Aga, Smt. Parminder H. Mathur, Shri D. Rath & Shri S. J. Sibal as Directors retiring by rotation. Appointment of Shri Vinod Kumar Thakral, Shri Syedain Abbasi, Dr. Noor Mohammad, Shri Vinai Kumar Agarwal, & Shri Mahesh Shah as Directors of the company liable to retire by rotation.

For Abstain

25-Sep-2013 AGM JAGRAN PRAKASHAN LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Dhirendra Mohan Gupta, Mr. Gavin K.O’Reilly, Mr. Rajendra Kumar Jhunjhunwala, Mr. Shailendra Mohan Gupta as Directors who retire by rotation. Appointment of Mr. Anuj Puri, Mr. Dilip Cherian as Directors of the company liable to retire by rotation. Reappointment of Mr. Sandeep Gupta, a relative of a Director of the Company, holding an offi ce or place of profi t as Executive President (Technical). Reappointment of Mr. Sameer Gupta, a relative of a Director of the Company, holding an offi ce or place of profi t as Executive President (Accounts). Reappointment of Mr. Devesh Gupta, a relative of a Director of the Company, holding an offi ce or place of profi t as Executive President (Product Sales and Marketing). Reappointment of Mr. Tarun Gupta, a relative of a Director of the Company, holding an offi ce or place of profi t as Executive President (Commercial). Reappointment of Mr. Bharat Gupta, a relative of a Director of the Company, holding an offi ce or place of profi t as Executive President (Advertisement). Alteration of Articles or Association. Approval of related party transactions.

For Abstain

25-Sep-2013 AGM OIL AND NATURAL GAS CORPORATION LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Confi rmation of payment of 2 interim dividend & declaration of fi nal dividend. Fixing remuneration of Joint Statutory auditors. Re-appointment of Dr. D Chandrasekharam, Shri K S Jamestin as Directors who retire by rotation Appointment of Shri Pronip Kumar Borthakur, Shri Shashi Shanker, Shri K. Narasimha Murthy & Shri Narendra Kumar Verma as Directors of the company liable to retire by rotation

For Abstain

25-Sep-2013 Postal Ballot ULTRATECH CEMENT LTD.: Alteration of Articles of Association of the Company.

For For

26-Sep-2013 EGM HATHWAY CABLE & DATACOM LTD.: Preferential allotment of equity shares to Steadview Capital Mauritius Ltd.

For For

26-Sep-2013 AGM TECH MAHINDRA LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Anupam Puri. Mr. Paul Zuckerman and Mr. Ulhas N. Yargop as Directors who retire by rotation. Appointment of Mr. C. P. Gurnani as Director. Appointment of Mr. C. P. Gurnani as the Managing Director of the Company. Appointment of Mr. Vineet Nayyar as the Executive Vice Chairman of the Company. Appointment of Mr. Anand G. Mahindra as Director not liable to retire by rotation. Appointment of Mr. Bharat N. Doshi, Mr. T. N. Manoharan, Mrs. M. Rajyalakshmi Rao as Directors liable to retire by rotation. Amendment of Articles of Association. Enhance ceiling on total holdings of Foreign Institutional Investors from 35% to 49%. Increasing the maximum number of restricted stock units per Associate/Employees/Director. Modifi cation of the terms and conditions of ASOP-B scheme.

For For

27-Sep-2013 AGM CREDIT ANALYSIS AND RESEARCH LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Confi rmation of the declaration and payment of interim dividend and declaration of one time special dividend on Equity Shares. Appointment of Auditors and fi xing their remuneration. Re-appointment of Ms. Bharti Prasad as Director who retire by rotation. Grant of ESOP. Payment of Commission to Non-Executive and Independent Directors. Preferential Allotment of shares.

For For

27-Sep-2013 AGM GUJARAT STATE PETRONET LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Fixing remuneration of Statutory Auditors. Re-appointment of Dr. R. Vaidyanathan as Director retiring by rotation. Appointment of Dr. Hasmukh Adhia, IAS, Prof. Yogesh Singh, Shri Yogesh B. Sinha as Directors liable for retirement by rotation. Payment of monthly salary derived on the basis of “last pay drawn minus pension” to Shri M. M. Srivastava, IAS (Retd).

For For

30-Sep-2013 AGM SUN PHARMACEUTICAL INDUSTRIES LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Mr. Dilip S. Shanghvi, Mr. Sailesh T. Desai, Mr. Hasmukh S. Shah as Directors retiring by rotation. Revision in the remuneration of Mr. Sudhir V. Valia, Whole-time Director of the Company. Reappointment of Mr. Sudhir V. Valia, as the Whole-time Director of the Company. Reappointment of Mr. Sailesh T. Desai as the Whole-time Director of the Company. Reappointment of Mr. Aalok D. Shanghvi, a relative of a Director to hold an offi ce or place of profi t under the Company as Senior General Manager - International Busines. Issue of securities. Borrowing of monies. Making loansor giving guarantees.

For For

30-Sep-2013 AGM SADBHAV ENGINEERING LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Statutory Auditors and fi xing their remuneration. Re-appointment of Shri Nitin R. Patel, Shri Amarsinh J. Vaghela, Shri Sandip V. Patel as Directors retiring by rotation. Appointment of Mr. Arunbhai S. Patel, Mr. Hemendra C. Shah,Mr. Vasistha C. Patel, Mr. Vikramkumar R. Patel as Directors liable for retirement by rotation. Appointment of Mr. Vasistha C. Patel as Whole-time Director of the Company. Appointment of Mr. Vikramkumar R. Patel as Whole-time Director designated as Executive Director.

For For

30-Sep-2013 AGM JINDAL STEEL & POWER LTD.: Adoption of the audited Balance Sheet and the Profi t and Loss Statement. Declaration of dividend. Appointment of Auditors and fi xing their remuneration. Re-appointment of Shri Naveen Jindal, Shri R. V. Shahi, Shri Arun Kumar as Directors retiring by rotation. Appointment of Mr. Ravi Uppal, Mr. Sudershan Garg, Mr. Dinesh Saraogi as Directors liable for retirement by rotation. Appointment of Mr. Ravi Uppal as Managing Director & CEO of the Company. Appointment of Shri Naveen Jindal as Whole-time Director & designated as Chairman. Appointment of Mr. Sushil Maroo as Deputy Managing Director of the Company. Appointment of Mr. Dinesh Saraogi as Whole-time Director. Revision in remuneration of Mr. Ravi Uppal, Managing Director & CEO of the Company. Revision in remuneration of Mr. Anand Goel, Joint Managing Director. Revision in remuneration of Mr. Dinesh Saraogi, Whole-time Director.

For Abstain

14-Oct-2013 CCM ZEE ENTERTAINMENT ENTERPRISES LTD.: Scheme of Arrangement between Zee Entertainment Enterprises Ltd., the Applicant Company and its Equity Shareholders.

For For


Date ofMeeting



ProposalManagement

recom-mendation

Vote(For/

Against/Abstain)


14

31-Oct-2013 Postal Ballot D B CORP LTD.: Amendment of the Memorandum of Association of company. To approve the Scheme of Arrangement in the nature of demerger of Integrated Internet and Mobile Interactive Service Business of I Media Corp Ltd. to D. B. Corp Ltd.

For For

07-Nov-2013 Postal Ballot POWER GRID CORPORATION OF INDIA LTD.: Enhancement of borrowing limits. Increase in Shareholding limit for FIIs from 24% to 30% of the paid-up capital.

For For

20-Nov-2013 Postal Ballot SESA STERLITE LTD.: Increase in the Borrowing powers of the Company. Creation of Charge on Movable and Immovable properties of the Company, both present and future. Appointment and remuneration of Mr. Navin Agarwal as Wholetime Director designated as Executive Vice-Chairman of the Company. Appointment and remuneration of Mr. Mahendra Singh Mehta as Wholetime Director designated as Chief Executive Offi cer of the Company. Change in Designation of Mr. P. K. Mukherjee from Managing Director to Executive Director, Iron Ore Business and change in terms of remuneration.

For For

29-Nov-2013 EGM IPCA LABORATORIES LTD.: Reappointment and payment of remuneration to Mr. Pranay Godha as Executive Director of the company. Approval to investment by FIIs in the equity shre captial of the company under any scheme upto 35% of the then paidup equity share capital.

For For

16-Dec-2013 EGM FUTURE LIFESTYLE FASHIONS LTD.: Issue of Options to permanent employees of the Company. Issue of Options to permanent employees of the subidiaries of the Company. Appointment of and payment of remuneration to Mr. Kishore Biyani as Managing Director of the Company. Appointment of and payment of remuneration to Mr. C. P. Toshniwal as Executive Director & Chief Financial Offi cer of the Company.

For For

16-Dec-2013 EGM PUNJAB NATIONAL BANK: Issue of Equity shares on preferential basis.

For abstain

16-Dec-2013 Postal Ballot ACC LTD.: Reappointment and terms of remuneration of Mr. Kuldip Kaura, CEO & MD.

For For

18-Dec-2013 Postal Ballot TORRENT PHARMACEUTICALS LTD.: Enhancement of borrowing limits from Rs.3000 Crores to Rs.3000 Crores. Creation of charge on company’s properties.

For For

23-Dec-2013 Postal Ballot IDFC LTD.: Reduction in the ceiling limit on Foreign Shareholding in the paid-up equity share capital of the Company from 54% to 49.90%.

For For

26-Dec-2013 EGM IDEA CELLULAR LTD.: Increase in aggregate investment limit of FIIs. Increase in remuneration of Mr. Himanshu Kapania, Managing Director.

For ForAbstain

27-Dec-2013 AGM HCL TECHNOLOGIES LTD.: Adoption of accounts. Re-appointment of Mr. Amal Ganguli, Mr. Vineet Nayar, Mr. Subroto Bhattacharya as Directors retiring by rotation. Appointment of Statutory Auditors. Declaration of dividend. Appointment of Mr. Subramanian Madhavan, Mr. Keki Mistry, Ms. Roshni Nadar Malhotra as Directors liable to retire by rotation. Payment of Commission to Non-Executive Directors.

For For

29-Dec-2013 Postal Ballot JAIPRAKASH ASSOCIATES LTD.: Providing security to Indusind Bank, a lender. Raising of funds through QIB/ECBs/FCCBs/ADR/GDR.

For Abstain

08-Jan-2014 Postal Ballot INDUSIND BANK LTD.: Alteration of Memorandum of Association.

For For

15-Jan-2014 EGM BANK OF BARODA: Preferential Issue of Equity shares.

For For

17-Jan-2014 Postal Ballot HDFC BANK LTD.: Appointment of Mr. Paresh Sukthankar as a Director designated as Deputy Managing Director of the Bank for a period of 3 years. Appointment of Mr. Kaizad Bharucha as Executive Director of the Bank for a period of 3 years. Appointment of Mr. C. M. Vasudev as director and part-time Chairman of the Bank for a period of one year. Power to borrow for the purpose of business of the Bank.

For For

21-Jan-2014 Postal Ballot ASHOK LEYLAND LTD.: Payment of remuneration to Mr. Vinod Dasari, MD due to inadequate profi ts.

For abstain

04-Feb-2014 Postal Ballot WHIRLPOOL OF INDIA LTD.: Alteration in Memorandum of Association of the Company. Alteration in Articles of Association of the Company.

For For

06-Feb-2014 Postal Ballot JUBILANT LIFESCIENCES LTD.: Sale of API and Dosage Forms business undertakings to Jubilant Generics Ltd., a wholly owned subsidiary of Jubilant Pharma Ltd. Singapore. Sale of Shareholding of the company in certain subsidiaries to Jubilant Generics Ltd., a wholly owned subsidiary of Jubilant Pharma Ltd., Singapore. Alteration in Articles of Association. Contribution to bona fi de charitable and other funds upto Rs.10 cores in a fi nancial year.

For For

06-Feb-2014 Postal Ballot ITC LTD.: Approval of Scheme of Arrangement between Wimco Ltd. (Demerged Company) & ITC Ltd. (Resulting Company).

For For

14-Feb-2014 Postal Ballot DISH TV INDIA LTD.: Approval for making Loans, Investments or to give Guarantee or provide Security. Approval for Investment for acquiring/investing through purchase/transfer, the entire share capital of XINGMEDIA Distribution Private Ltd.

For ForAgainst

18-Mar-2014 AGM MERCK LTD.: Adoption of accounts. Declaration of dividend. Appointment of Statutory Auditors. Re-appointment of Mr. S. N. Talwar, Mr. H. C. H. Bhabha as Directors retiring by rotation.

For For

18-Mar-2014 EGM UNITED SPIRITS LTD.: Approval of draft Rehabilitation Scheme & Scheme of Amalgamation between Tern Distilleries Pvt. Ltd. & United Spirits Ltd.

For For


Date ofMeeting



ProposalManagement

recom-mendation

Vote(For/

Against/Abstain)


15

INDEPENDENT AUDITOR’S REPORT

To the Trustees ofCanara Robeco Mutual Fund - Canara Robeco Nifty Index

Report on the Financial Statements

We have audited the accompanying fi nancial statements of Canara Robeco Mutual Fund – Canara Robeco Nifty Index (“the Scheme”), which comprise the balance sheet as at 31 March 2014 and the revenue account for the year then ended, and a summary of signifi cant accounting policies and other explanatory information.

Management’s Responsibility for the Financial Statements

Management of Canara Robeco Asset Management Company Limited, the scheme’s asset manager, is responsible for the preparation of these fi nancial statements that give a true and fair view of the fi nancial position and fi nancial performance of the Scheme in accordance with accounting principles generally accepted in India, including the accounting policies and standards specifi ed in the Ninth Schedule to the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 (‘the SEBI Regulations’). This responsibility includes the design, implementation and maintenance of internal control relevant to the preparation and presentation of the fi nancial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.

Auditor’s Responsibility

Our responsibility is to express an opinion on these fi nancial statements based on our audit. We conducted our audit in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India. Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the fi nancial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the fi nancial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the fi nancial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal controls relevant to the preparation and fair presentation of the fi nancial statements in order to design audit procedures that are appropriate in the circumstances but not for the purpose of expressing an opinion on the eff ectiveness of the internal controls. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of the accounting estimates made by management, as well as evaluating the overall presentation of the fi nancial statements. We believe that the audit evidence we have obtained is suffi cient and appropriate to provide a basis for our audit opinion.

Opinion

In our opinion and to the best of our information and according to the explanations given to us, the fi nancial statements give the information required by the SEBI Regulations in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India:

(a) in the case of the balance sheet, of the state of aff airs of the Scheme as at 31 March 2014; and

(b) in the case of the revenue account, of the surplus for the year ended on that date.

Report on Other Legal and Regulatory Requirements

1. We have obtained all the information and explanations, which to the best of our knowledge and belief were necessary for the purposes of our audit.

2. The balance sheet and revenue account dealt with by this report are in agreement with the books of account.

3. In our opinion, the balance sheet and revenue account dealt with by this report have been prepared in conformity with the accounting policies and standards specifi ed in the Ninth Schedule to the SEBI Regulations.

4. In our opinion, and on the basis of information and explanations given to us, the methods used to value non traded securities as at 31 March 2014 are in accordance with the SEBI Regulations and other guidelines issued by the Securities and Exchange Board of India, as applicable, and approved by the Board of Trustees, and are fair and reasonable.

For S.R. BATLIBOI & CO. LLPChartered AccountantsICAI Firm Registration Number: 301003E

per Surekha GraciasPartnerMembership Number: 105488

Place : MumbaiDate: 06 June 2014


16

ABRIDGED BALANCE SHEETAS AT 31ST MARCH, 2014

Rupees in Lakhs

As at As at 31.03.2014 31.03.2013

LIABILITIES

1 Unit Capital 161.09 178.57

2 Reserves & Surplus 2.1 Unit Premium Reserves (156.30) (159.35)

2.2 Unrealised Appreciation Reserve 140.05 98.58

2.3 Other Reserves 311.43 316.52

3 Loans & Borrowings — —

4 Current Liabilities & Provisions 4.1 Provision for doubtful Income/Deposits — —

4.2 Other Current Liabilities & Provisions 16.94 19.79

TOTAL 473.21 454.12

ASSETS

1 Investments

1.1. Listed Securities: 1.1.1 Equity Shares 442.92 435.11

1.1.2 Preference Shares — —

1.1.3 Equity Linked Debentures — —

1.1.4 Other Debentures & Bonds — —

1.1.5 Securitised Debt securities — —

1.1.6 Rights 0.12 —

1.2 Securities Awaited Listing: 1.2.1 Equity Shares — —





1.3 Unlisted Securities: 1.3.1 Equity Shares — —





1.4 Government Securities — —

1.5 Treasury Bills — —

1.6 Commercial Paper — —

1.7 Certifi cate of Deposits — —

1.8 Bill Rediscounting — —

1.9 Units of Domestic Mutual Fund — —

1.10 Foreign Securities — —

Total Investments 443.04 422.85

2 Deposits

3 Other Current Assets 3.1 Cash & Bank Balance 0.69 0.84

3.2 CBLO/ Reverse Repo Lending 13.35 29.78

3.3 Others 16.13 0.66

4 Deferred Revenue Expenditure (to the extent not written off ) — —

TOTAL 473.21 454.12

Notes to Accounts - Annexure I

ABRIDGED REVENUE ACCOUNTFOR THE YEAR / PERIOD ENDED 31ST MARCH, 2014

Rupees in Lakhs

Current Previous Year/Period Year/Period ended endedParticulars 31.03.2014 31.03.2013

1 INCOME

1.1 Dividend 7.58 6.93

1.2 Interest 0.38 0.40

1.3 Realised Gain / (Loss) on Foreign Exchange Transactions — —

1.4 Realised Gains / (Losses) on Interscheme sale of investments — —

1.5 Realised Gains / (Losses) on External sale / redemption of investments 31.94 13.09

1.6 Realised Gains / (Losses) on Derivative Transactions — —

1.7 Other Income 0.32 0.04

(A) 40.22 20.46

2 EXPENSES

2.1 Management fees 4.80 3.92

2.2 Service tax on Management fees 0.59 0.48

2.3 Transfer agents fees and expenses 0.41 0.44

2.4 Custodian fees 0.10 0.09

2.5 Trusteeship fees 0.02 0.11

2.6 Commission to Agents 0.29 0.21

2.7 Advertising, marketing and selling expenses 0.32 0.46

2.8 Audit fees 0.95 1.01

2.9 Other operating expenses 0.62 0.41

(B) 8.10 7.13

3 NET REALISED GAINS / (LOSSES) FOR THE YEAR / PERIOD (A -B = C) 32.12 13.33

4 Change in Unrealised Depreciation in value of investments (D) — —

5 NET GAINS / (LOSSES) FOR THE YEAR / PERIOD (E=(C-D)) 32.12 13.33

6 Change in unrealised appreciation in the value of investments (F) 41.47 17.16

7 NET SURPLUS / (DEFICIT) FOR THE YEAR / PERIOD ( E + F = G ) 73.59 30.49

7.1 Add: Balance transfer from Unrealised Appreciation Reserve 98.58 —

7.2 Less: Balance transfer to Unrealised Appreciation Reserve 140.05 17.16

7.3 Add / (Less): Equalisation (28.01) (36.24)

7.4 Transfer from general reserve 316.52 —

8 TOTAL 320.63 (22.91)

9 Dividend appropriation

9.1 Income Distributed during the year / period 9.20 —

9.2 Tax on income distributed during the year / period — —

10 Retained Surplus / (Defi cit) carried forward to Balance sheet 311.43 (22.91)

Notes to Accounts - Annexure I


17

NOTES TO ACCOUNTS - ANNEXURE I TO THE ABRIDGED BALANCE SHEET AND REVENUE ACCOUNTFOR THE YEAR / PERIOD ENDED 31ST MARCH, 2014

1 Investments:-

1.1. The Investments of the Schemes are registered in the name of the Trustees of Canara Robeco Mutual Fund for the benefi ts of the Schemes Unit holders.

1.2. Open Position of derivatives : Nil

1.3. Investments in Associates and Group Companies:

Particulars

Aggregate value of Purchases(Rs. in Lakhs)

Market Value as on(Rs. in Lakhs)

31.03.2014 31.03.2013 31.03.2014 31.03.2013

Investment made in the Equity shares of State Bank of India 2.84 1.25 11.76 12.46

Aggregate Investments made by all schemes in the Equity shares of State Bank of India 5,735.57 4,350.93 3,772.37 4,699.59

1.4. Open position of Securities Borrowed and / or Lend by the scheme, along with interest : Lending Rs. 13.36 lakhs (Previous year Rs. 29.79 lakhs)

1.5. Details of NPA: Nil

1.6. Aggregate Unrealised Gain / (Loss) as at the end of the Financial Year / Period and percentage to net assets. : 30.69 % (Previous year : 22.70 %)

1.7. Aggregate Value of Purchase and Sale with Percentage to average assets:

Particulars

(Rs. in lakhs) % of average daily net assets

31.03.2014 31.03.2013 31.03.2014 31.03.2013

Purchases 76.45 60.57 17.27 14.17

Sales 129.68 103.08 29.30 24.11

1.8. Non-Traded securities in the portfolio: As per portfolio details attached

2 Details of Transaction with Associates under regulation 25(8)

2.1. Bank charges for normal banking transaction(s) paid / payable to Canara Bank during the year Rs. 0.01 lakhs. (Previous year Rs. 0.02 lakhs).

2.2. Brokerage/Trail fee for marketing the units paid/payable to Associates/related parties/group companies of Sponsor/AMC are as under:

Name of Associate/related parties/group companies of Sponsor/AMC

Nature ofAssociation /

Nature of relation Period Covered

Value ofTransaction(Rs. in Cr)

% of Total Value of Transaction

of the fundBrokerage (Rs. In Cr)

% of TotalBrokerage paid

by the fund

Canara Bank Sponsor 01-Apr-2013 To 31-Mar-2014 0.05 8.17 * 10.85

Canara Bank Securities Ltd Associate 01-Apr-2013 To 31-Mar-2014 * 0.02 * 0.32

Canara Bank Sponsor 01-Apr-2012 To 31-Mar-2013 0.06 7.83 * 12.48

Canara Bank Securities Ltd Associate 01-Apr-2012 To 31-Mar-2013 * 0.40 * 0.53

(*) Denotes value less than 0.01 Crores.

2.3. Brokerage Paid to Associates/related parties/group companies of Sponsor/AMC for the years ending 31st Mar 2014 and 31st Mar 2013 is Rs. NIL

3 Large Holdings in the Scheme (i.e. in excess of 25% of the net assets) : Nil

4 Unit Capital movement during the year ended / period ended:

No. of Units31.03.2014


UNIT CAPITAL :

Units of Rs. 10/- each

Growth Plan

Outstanding, beginning of year 752,529 723,705

Issued during the year 106,351 177,581 Redeemed during the year (148,164) (148,757)

Outstanding, end of year 710,716 752,529

Dividend Plan

Outstanding, beginning of year 975,654 1,274,370




18

Direct Plan - Growth

Outstanding, beginning of year 24,382 -

Issued during the year 85,628 24,382 Redeemed during the year (72,849) -


Direct Plan -Dividend

Outstanding, beginning of year 33,175 -

Issued during the year 1,122 33,175 Redeemed during the year (560) -


Total

Outstanding, beginning of year 1,785,740 1,998,075


Outstanding, end of year 1,610,935 1,785,740

5 Previous years fi gures have been regrouped wherever necessary.

6 All expenses shown in the Revenue Account other than Management Fees are inclusive of Service Tax wherever applicable.

7 Contingent Liability :

31.03.2014 31.03.2013

a) Underwriting commitments NIL NIL

b) Uncalled liability on partly paid shares/debentures NIL NIL

c) Other commitments NIL NIL

NOTES TO ACCOUNTS - ANNEXURE I TO THE ABRIDGED BALANCE SHEET AND REVENUE ACCOUNTFOR THE YEAR / PERIOD ENDED 31ST MARCH, 2014 (contd....)




19

KEY STATISTICS FOR THE YEAR/PERIOD ENDED 31ST MARCH, 2014

Current Previous Year/Period Year/Period ended ended 31.03.2014 31.03.2013

1a. NAV per unit - Regular Plan - Dividend Option (Rs.): Open 19.9302 18.5824 High 22.2824 21.3450 Low 17.8860 16.9439 End 22.2824 19.9302

1b. NAV per unit - Regular Plan - Growth Option (Rs.): Open 30.0318 27.9998 High 35.3170 32.1637 Low 28.0459 25.5307 End 35.3170 30.0318

1c. NAV per unit - Direct Plan - Dividend Option (Rs.): Open 19.9325 - High 22.3000 21.3465 Low 17.8929 19.7616 End 22.3000 19.9325

1d. NAV per unit - Direct Plan - Growth Option (Rs.): Open 29.8704 - High 35.1515 32.1646 Low 27.9022 29.6143 End 35.1515 29.8704

2. Closing Assets Under Management (Rs. in Lakhs) End 456.28 434.33 Average (AAuM)4 442.64 427.52

3. Gross income as % of AAuM1 9.09 4.78

4. Expense Ratio: a. Total Expense as % of AAuM (Regular Plan) 1.83 1.67 b. Total Expense as % of AAUM (Direct Plan) 1.76 -- c. Management Fee as % of AAuM 1.08 0.92

5 Net Income as a percentage of AAuM2 7.26 3.12

6. Portfolio turnover ratio3 17.27 14.17

7. Total Dividend per unit distributed during the year / period (Rs.) Regular Plan - Dividend Option (Non-Corporate) 0.95 Nil Regular Plan - Dividend Option (Corporate) 0.95 Nil Direct Plan - Dividend Option (Non-Corporate) 0.95 Nil Direct Plan - Dividend Option (Corporate) 0.95 Nil

8. Returns: (%)

a. Last One Year Regular Plan - Growth Option 17.44 7.30 Direct Plan - Growth Option 17.52 N.A. Benchmark (S & P CNX Nifty) 17.82 7.35

b. Since Inception Regular Plan - Growth Option 14.23 13.86 Direct Plan - Growth Option 8.63 (5.83) Benchmark (S&P CNX Nifty) (Regular Plan - Growth Option) 14.74 14.38 Benchmark (S & P CNX Nifty) (Direct Plan - Growth Option) 9.45 (5.18)

Guidance Notes:1. Gross income = amount against (A) in the Revenue account i.e. Income.2. Net income = amount against (C) in the Revenue account i.e. NET REALISED GAINS / (LOSSES) FOR THE YEAR / PERIOD.3. Portfolio Turnover = Lower of sales or purchase divided by the Average AuM for the year/period.4. AAuM=Average daily net assets


20

SUPPLEMENTARY INVESTMENT PORTFOLIO INFORMATION AND INDUSTRYWISE CLASSIFICATION OFCANARA ROBECO NIFTY INDEX

Details of investment portfolio and industrywise classifi cation of the Scheme’s investments in each category of investments at March 31, 2014 are presented below. The industry and company exposures are stated as a percentage of the Scheme’s net assets as at March 31, 2014, as well as the aggregate investments in each investment category.

Industry and Company Particulars QuantityAmount

(Rupees in lakhs)

Percentageto

Net Assets

Percentage to Investment

category

QUOTED SHARES (FULLY-PAID)

Auto 5,204 38.30 8 8 Tata Motors Ltd 3,568 14.22 3 3 Mahindra & Mahindra Ltd 914 8.96 2 2 Bajaj Auto Ltd 267 5.56 1 1 Maruti Suzuki India Ltd 263 5.19 1 1 Hero MotoCorp Ltd 192 4.37 1 1

Banks 9,481 91.97 19 19 ICICI Bank Ltd 2,293 28.55 6 6 HDFC Bank Ltd 3,678 27.54 5 5 State Bank of India 613 11.76 3 3 Axis Bank Ltd 617 9.01 2 2 Kotak Mahindra Bank Ltd 757 5.91 1 1 IndusInd Bank Ltd 846 4.25 1 1 Bank of Baroda 381 2.75 1 1 Punjab National Bank 296 2.20 - -

Cement 2,036 13.77 4 4 Ultratech Cement Ltd 202 4.42 1 1 Grasim Industries Ltd 127 3.67 1 1 Ambuja Cements Ltd 1,521 3.08 1 1 ACC Ltd 186 2.60 1 1

Construction 887 1.57 - - DLF Ltd 887 1.57 - -

Construction Projects 1,618 20.58 5 5 Larsen & Toubro Ltd 1,618 20.58 5 5

Consumer Non Durables 13,435 56.30 12 13 I T C Ltd 10,975 38.73 8 9 Hindustan Unilever Ltd 1,405 8.51 2 2 Asian Paints Ltd 899 4.93 1 1 United Spirits Ltd 156 4.13 1 1

Ferrous Metals 2,057 7.36 1 1 Tata Steel Ltd 1,324 5.22 1 1 Jindal Steel & Power Ltd 733 2.14 - -

Finance 5,587 30.42 6 7 Housing Development Finance Corporation Ltd 3,096 27.37 5 6 IDFC Ltd 2,491 3.05 1 1

Gas 892 3.35 1 1 GAIL (India) Ltd 892 3.35 1 1

Industrial Capital Goods 1,569 3.08 1 1 Bharat Heavy Electricals Ltd 1,569 3.08 1 1

Minerals/Mining 5,282 10.44 2 2 Sesa Sterlite Ltd 2,454 4.63 1 1 Coal India Ltd 1,254 3.62 1 1 NMDC Ltd 1,574 2.19 - -

Non - Ferrous Metals 2,553 3.62 1 1 Hindalco Industries Ltd 2,553 3.62 1 1

Oil 4,685 15.10 3 4 Oil & Natural Gas Corporation Ltd 3,512 11.19 2 3 Cairn India Ltd 1,173 3.91 1 1


Industry and Company Particulars QuantityAmount

(Rupees in lakhs)

Percentageto

Net Assets

Percentage toInvestment

category

Statutory Details: Canara Robeco Mutual Fund (CRMF) has been set up as a Trust under Indian Trust Act, 1882. CRAMC is the asset management company

registered under The Companies Act, 1956. Sponsors: Canara Bank, Head Offi ce, 112 J C Road, Bangalore; Robeco Groep N.V., Coolsingel 120, 3011 Rotterdam, The

Netherlands. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

21

Petroleum Products 3,780 32.77 7 8 Reliance Industries Ltd 3,267 30.41 7 7 Bharat Petroleum Corporation Ltd 513 2.36 - 1

Pharmaceuticals 3,229 23.33 5 5 Sun Pharmaceutical Industries Ltd 1,495 8.59 2 2 Dr. Reddy's Laboratories Ltd 252 6.46 1 1 Lupin Ltd 474 4.42 1 1 Cipla Ltd 1,008 3.86 1 1

Power 10,165 10.64 3 3 NTPC Ltd 4,092 4.91 1 1 Power Grid Corporation Of India Ltd 2,808 2.95 1 1 Tata Power Company Ltd 3,265 2.78 1 1

Software 4,097 72.84 17 16 Infosys Ltd 959 31.48 7 7 Tata Consultancy Services Ltd 1,015 21.65 5 4 HCL Technologies Ltd 531 7.38 2 2 Wipro Ltd 1,298 7.05 2 2 Tech Mahindra Ltd 294 5.28 1 1

Telecom - Services 2,363 7.51 2 2 Bharti Airtel Ltd 2,363 7.51 2 2

TOTAL 442.95 97 100

QUOTED RIGHTS

Power 474 0.12 - 100 Tata Power Company Ltd 474 0.12 - 100

TOTAL 474 0.12 - 100

COLLATERALISED LENDING 13.35 3 100

NET CURRENT ASSETS (0.14) -

NET ASSETS 456.28 100

31-Mar-14 31-Mar-13Aggregate value of non-traded/thinly tradedinvestments valued in good faith as per SEBI regulations (Rupees in lakhs)(Excluding collateralized lending)

0.12 -

Dear Investor,

We thank you for investing with Canara Robeco Mutual Fund.

As a Green Initiative measure, SEBI vide its circular No. Cir/IMD/DF/16/2011 dated September 8, 2011

has advised Mutual Funds to send the scheme wise Abridged Annual Report to the Unit holders whose

e-mail address is available with Canara Robeco Mutual Fund (CRMF) by e-mail only.

As a part of the above initiative, CRMF has issued a notice dated 29th September 2011. The said notice

is available on our website www.canararobeco.com

We believe that it is necessary for everyone to protect the environment by making small changes in

the way we work and this change would make a diff erence to our society.

We fi nd from our records, that your e-mail address is not registered with us. We hereby request you

to kindly get your e-mail address registered with us by submitting the enclosed composite request at

any Investor Service Centre of Canara Robeco Mutual Fund. You may also choose to update your bank

mandate in case the same has undergone a change. Upon registering your email address with us,

CRMF will send the scheme wise Abridged Annual report to your registered email henceforth.

After registering your email address, In case you still desire to receive the Abridged Annual Report in

Physical form, you may request for the same by:

Calling our Investor Service center toll free at 1800-209-2726 or

Visiting any of Investor Service Centers and requesting for the same or

Sending us an email to us at [email protected]

Please ignore this in case you have already registered your email address with us.

Please remember to quote your folio number in all your communication with us.

We are sure that as a responsible citizen, you would appreciate the conscientious and eco friendly

initiative taken by us.

Thanking you once again and looking forward to a long and enduring relationship.

Thanking You,

Canara Robeco Mutual Fund

Unitholders, if they so desire, may access the Annual Report of the Asset Management Company —Canara Robeco Asset Management Company Ltd. at our Website: www.canararobeco.com

M/s. KARVY COMPUTERSHARE PVT. LTD.

CANARA ROBECO NIFTY INDEXUnit: Canara Robeco Mutual Fund, 21, Road No. 4, Street No. 1, Banjara Hills, Hyderabad - 500 034.

Tel. No: (040) 44677069,70,71 • Fax: (040) 23394436 • Email id: [email protected]

R & T AGENT

CU

T H

ER

E

PLEASE READ THE INSTRUCTIONS GIVEN AT THE BOTTOM BEFORE FILLING IN THE DETAILS

(Name and address of the Unitholders) (Date)From

Karvy Computershare Pvt. Ltd.,Unit: Canara Robeco Mutual Fund,21, Road No. 4, Street No. 1, Banjara Hills,Hyderabad - 500 034.

Re.: “BANK MANDATE”Dear Sirs,

Name of the Scheme Folio No.

I / We give my / our Bank Mandate as below :

Bank A/c Details

Bank Name

Branch

A/c. No.

Type of A/c. Savings Current Overdraft Other (Specify)

MICR No. 9 digits IFSC Code:

Address (only if change is required)

Tel.No./Mobile No. E-mail ID:

Please update my/our above given bank mandate in your records.

(Holder 1) (Holder 2) (Holder 3)

INSTRUCTIONS:1. For receiving direct credit of dividend proceeds in your Bank A/c, Please furnish the 9 digit MICR number / IFSC code appearing at the bottom margin of the cheque issued by your

bank. Please enclose a cancelled cheque.2. If the units are, held jointly, all the unitholders are required to sign, while Bank details of the fi rst holder alone are to be furnished.3. As per SEBI Regulations it is mandatory for all the investors to provide Bank Account details. So please furnish current Bank Account details to update the records.

Request for updation of Email ID / Tel. No.

Name of the First Holder: Folio No./s: Date:

E-mail ID: ________________________________________________________________________________________________________________

Contact No.: Landline: _____________________________________________ Mobile: ______________________________________________

Other: _______________________________________________ Fax: _________________________________________________

* I/We wish to Receive Account Statement / Annual Report / Other communication through Email in lieu of the physical copy of the same: Yes No

Signature(s)

Sole / First Unitholder Second Unitholder Third Unitholder

Folio No.: Scheme: Option:

Received from Mr./Ms. ________________________________________________________________

for updation of Email ID / Tel. No. ________________________________________________________

For Offi ce Use

Signature of receivingauthority

Date of receipt:

Time of receipt:

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