|
2.1
Reporting Organization:
The Tata Iron & Steel Company Limited
2.2
Major Products & Services, including Brands
| Major
Products & Services offered by Tata Steel include; |
| |
| Long Products
|
Wire Rods, Rebars, Forging
Quality Steel |
| Flat Products |
Hot & Cold Rolled
Sheets, Hot & Cold Rolled Coils, Galvanized Coils & Sheets, Hot Rolled Plates |
| Semi Finished Steel
Products |
Billets, Blooms, Slabs |
| Tubes |
Standard pipes, ERW
Precision Tubes, Closed Structural |
| Bearings |
Rolled Rings, Forged Rings,
Machines Rings, Bearings |
| Minerals |
Coal & Coke, Iron Ore,
Dolomite, Chrome Ore & Chrome Concentrate |
| Others |
Ferro Alloys, Agriculture
implements, Services like project studies, design & engineering, personnel and
technical training, automation, information technology and power & water. |
To enhance the net realisation and to combat the commodity
nature of steel, the company, apart from improving the product mix, is increasingly
differentiating its products through “Branding” beginning with TATA
TISCON reinforced bars, TATA PIPES, TATA BEARINGS, TATA
AGRICO for agriculture implements, TATA STEELIUM for cold rolled
steel and TATA SHAKTI galvanised corrugated sheet. Products manufactured
at different locations reach the consumer through direct despatch or through a network of
retail stockyards located in all major cities in India. Customised products are also
delivered to end users through various conversion agents.
2.3
Operational Structure
Board of Directors
Mr. R N Tata (Chairman)
Mr. Keshub Mahindra
Mr. Nusli N Wadia
Mr. S M Palia
Mr. P K Kaul (Financial Institutions’ Nominee)
Mr. Suresh Krishna
Mr. Kumar Mangalam Birla |
Mr. Ishaat Hussain
Dr. Jamshed J. Irani
Mr. B Jitender (Financial Institutions’ Nominee)
Mr. B Muthuraman (Managing Director)
Dr. T Mukherjee (Whole-time Director)
Mr. A N Singh (Whole-time Director)The operational
structure is furnished at Figure# 2.1. |
2.4
Major Divisions / Operating Companies / Subsidiaries & Joint Ventures.
Head Office
– Mumbai, Maharashtra, India.
Plant Locations: India
| Company’s Steel Works |
Jamshedpur, (Jharkhand) |
| Tubes Division |
Jamshedpur, (Jharkhand) |
| Ferro Manganese Plant |
Joda, (Orissa) |
| Charge Chrome Plant |
Bamnipal, (Orissa) |
| CRC (West) |
Tarapur, (Maharashtra) |
| Bearing Division |
Kharagpur, West Bengal |
| Noamundi Mines |
State of Jharkhand |
| Joda & Sukinda Mines |
State of Orissa |
| West Bokaro & Jamadoba |
State of Jharkhand |
| Collieries |
|
| Dodkanya |
State of Karnataka |
| Marketing offices and
Stock Yards |
New Delhi, Ghaziabad, Kanpur,
Patna, Kolkata, Mumbai. Nagpur, Bangalore, Kochin, Gowahati & Chennai. |
|
| Subsidiary Companies |
Tata Refractories, Tata Pigments,
Kalimati Investment Company, Tata Korf Engineering Services, Tata Incorporated New York,
Stewards & Lloyds of India, TM International Logistics Ltd, ISWP, Lanka Special Steels
Limited
|
| Associated Companies |
Tinplate Co. of India, TRF Ltd.,
Tata Yodogawa, Tata Ryerson, Tata Metallics, Tata Limited London, Tata Sponge, Jamipol
& Metal Junction.com |
|
2.5 Country in
which we operate
The operations of the organization are located mainly in
India. However there are marketing offices located in London, Singapore & Dubai.
The subsidiary companies are those, which are wholly owned
by Tata Steel and associate companies are those, which are partially owned by Tata Steel.
Tata Steel has no joint ventures companies. There are several ancillary industries around
Tata Steel enterprises all over the country, which cater to the requirement of spare
parts, and consumables required in the production facilities. The records of their
locations and numbers of such ancillary units are currently not being compiled by the
organization. Similarly, there are conversion agents, dealers and retailers all over the
country, the records for which have also not been complied during the reporting period due
to non-availability of the information on GRI indicators. These details will be provided
in subsequent reports in an incrementally phased manner.
2.6 Ownership and
Legal form
A Public Limited Company, Tata Steel is headquartered at
Mumbai, Maharashtra, India. Its stock is listed and traded on Stock Exchanges located at
Mumbai & Kolkata. Global Depository Receipts (GDR) issued by the company in the
International market has been listed on the Luxembourg Stock Exchange. As on 31.03.04,
there were 368,981,904 ordinary shareholders (Rs.10.00 per share).
| Distribution
of Shareholding |
| |
| Number of Ordinary Shares Held |
Number of Shareholders
| 31.03.2003
(%) |
31.03.2004
(%) |
|
| 1 to 100 |
71.99 |
71.54 |
| 101 to 500 |
22.00 |
22.07 |
| 501 to 1000 |
3.35 |
3.50 |
| 1001 to
10000 |
2.51 |
2.71 |
| Over 10000 |
0.15 |
0.18 |
|
|
100.00 |
100.00 |
| Categories
of Shareholders |
| |
| Category |
Number of
Shareholders
31.03.04 |
Voting Strength
(%)
| 31.03.03 |
31.03.04 |
31.03.03 |
|
Number of Ordinary
Shares Held
|
| Individuals |
557,584 |
657,767 |
28.49 |
32.46 |
105,124,034 |
119,365,229 |
| Unit
Trust of India |
1 |
1 |
1.50 |
2.59 |
5,552,742 |
9,535,395 |
| Life
Insurance Corporation of India |
1 |
1 |
12.72 |
13.43 |
46,930,800 |
49,402,824 |
| Govt.
& Other Public Financial Institutions |
65 |
64 |
6.21 |
6.82 |
22,938,129 |
25,046,145 |
| Tata
Group Companies |
15 |
17 |
26.29 |
26.41 |
97,014,942 |
97,133,796 |
| Companies |
6193 |
6547 |
6.36 |
5.85 |
23,449,193 |
21,510,823 |
| Nationalised
Banks, Mutual Funds & Trusts |
274 |
94 |
5.11 |
7.68 |
18,842,100 |
28,258,644 |
Foreign
Institutional Investors
|
185 |
72 |
13.32 |
4.76 |
49,129,964 |
17,519,045 |
| TOTAL
|
564,318 |
664,563 |
100.00 |
100.00 |
368,981,904 |
367,771,901 |
2.7 Markets We
Serve
The products manufactured by Tata Steel cater to the
consumer sectors such as Auto / Auto ancillaries, consumer durables,
construction/infrastructure, capital goods, general engineering and railways. Typically
85% of the production is sold in the domestic market and balance is exported. The customer
services include application engineering support and visits by customer application
managers to provide solutions to the industry. Figure 2.2 under Section
2.9 gives further details of the key customers in targeted sector and their
requirements.
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