Directors Report
  Management Discussion &
   Analysis
  Corporate Governance
  Auditors' Report
  Balance Sheet
  Profit & Loss Account
  Schedules to Accounts
  Balance Sheet Abstract &
   Co's General Business Profile
  Cash Flow Statement
  Statement u/s 212 (3) of the
   Companies Act, 1956
  Consolidated Financial
   statement
  Accounts of Subsidiary
   Companies
BOARD OF DIRECTORS
CHAIRMAN'S STATEMENT

Dear Shareholders,

We can all look back with satisfaction at the year that is behind, and look forward with enthusiasm to the years ahead.
                          

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Dr Vijay Mallya

ome of the best-known brands in the country have been glittering successes in terms of

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