September 13, 2020

AV Thomas - Comments / Message - Please Recheck

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                             Message / Comments - As received

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  http://www.avthomas.com/dashboard/images/AVT%20Reports%2019-20.pdf


DIVIDEND


An Interim Dividend of Rs.100/- per equity share (1000%) and Special Interim Equity Dividend of Rs.800/ per equity share (8000%) were paid during the financial year ended 31st March, 2020.The Board of Directors had recommended.

A final dividend of Rs.100/- per equity share (1000%) for approval of the shareholders at the Annual General Meeting.
The aggregate of the dividends, amounts to Rs.1000/- per equity share (10000%) for the year ended 31st March, 2020.

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 A v Thomas as per Annual Report.

ROOFING


The operation under Roofing Division was significantly affected due to the down turn in the construction industry. The
volume drop was around 30%. The pipe production at Perundurai, TamilNadu, was started during the second quarter
of the year and the performance is satisfactory.


http://www.avtdairysure.com/

https://www.avttuffshield.co

DAIRY DIVISION
The Dairy Division has shown significant volume as well as value growth during the year. The business is expected to
become profitable in the next year
http://www.avtdairysure.com/
http://www.avtdairysure.com/

SUBSIDIARY/ASSOCIATE COMPANIES
As required under Section 129(3) of the Companies Act, 2013, the Company has prepared a consolidated financialstatement in respect of its Joint venture (AVT Gavia Foods (P) Limited) and Associate Companies (A V Thomas Investments
Company Limited) alongwith its own financial statements. Further, the particulars showing the salient features of the Subsidiary/ Associate Companies as required under first proviso to Section 129 (3) of the Companies Act, 2013 rea with Rule 5 of Companies (Accounts) Rules, 2014 are provided in Form AOC-1 which is attached as Annexure I to this report.

PLEASE CROSS CHECK IT WITH BALANCE SHEET.




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