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45
Annual Report 2011-12
44 Kajaria Ceramics Limited
1. Remuneration includes salary, allowances, Company’s
contribution to PF, perquisites exclude contribution
to Gratuity Fund and Personal Accident Insurance as
the same is paid for the Company as a whole.
2. Appointments of Mr. Ashok Kajaria, Chairman &
Managing Director, Mr. Chetan Kajaria, Joint Managing
Director and Mr. Rishi Kajaria, Joint Managing Director,
are contractual.
3. Mr. Ashok Kajaria, Chairman & Managing Director is
father of Mr. Chetan Kajaria and Mr. Rishi Kajaria, Joint
Managing Directors of the Company.
Notes:
A) Employed throughout the financial year and in receipt of the remuneration aggregating `6 million or more per
annum.
I. Conservation of Energy
The Energy Conservation efforts by the Company are
being pursued on a continuous basis. Close monitoring
of power consumption is maintained to minimise wastage
and facilitate optimum utilisation of energy. Regular
maintenance and repairs of all the equipment and
machinery are carried out to ensure optimum efficiency.
The Energy Conservation measures taken are -
1) Continuous maintenance of high Power Factor for
effective utilisation of grid power and reduction of
apparent energy consumption and in conjunction with
mitigation/reduction of harmonics by broad band
reactors, resulting in reduction of apparent as well as
active energy consumption.
2) Synchronisation of gas gensets to ensure equal and
optimum load sharing for effective utilisation of
genset capacity and reduction in specific fuel
consumption of gensets.
3) Installation of latest generation energy-efficient
lighting and equipment, variable frequency drives are
extensively installed and used wherever possible for
lesser energy consumption in motors by exploring
their speed, installation of BEE (Bureau of Energy
Efficiency) certified electrical items/equipment
resulting in power consumption savings.
4) Considerable fuel saving by complete changeover to
RLNG (Re-gasified Liquid Natural Gas) at both plants.
II. Technology Absorption
A. Research and Development (R&D)
(i) Specified Areas in which (R&D) is carried out by the
Company:
1) Research for development of vitrified tiles and
further development of new and large wall tiles
(15x45cm, 30x30cm, 30x60cm, 30x90cm,
30x45cm and 25x33cm) and floor (60 x 60 cm,
30x60cm) conforming to both EN & IS standards.
2) New digital tiles were developed with new
dimensions based on different themes and
concepts. New products were developed with the
help of the digital printing machine. Some
products are self-designed. The designs were
created keeping in mind ultra modern luxury
lifestyles and other concepts. These products are
a combination of interior or exterior design. A new
product was developed with a new dimension
30x45cm (Interlock). The product has a natural
stone and pebble look self-design with interlock
design.
3) A new product was developed – dimension wall
tiles (25x33cm). The product has a glossy and matt
finish and self-design, also available in size
(30x45cm), it has a 3D glossy finish by Rotocolor
Printing Technology.
4) Developed, evaluated, selected and optimised
process parameters of production lines to improve
yield and quality.
5) In-house analytical steps were taken to fine-tune
formulations and operations.
(ii) Benefits derived as a result of the above R & D
1) The Company offers a wide range of ceramic and
vitrified tiles at competitive costs, increasing
customer satisfaction and becoming more
effective and preferable to all types of customers.
2) Continuous improvement in manufacturing quality
products by reducing production costs.
(iii) Future plan of action
1) Introduced larger size Ceramic (Wall & Floor) &
Polished/Glazed Vitrified tiles.
2) Introduced new type of decorated tiles.
ANNEXURE-I
TO THE DIRECTORS’ REPORT
ANNEXURE-II
TO THE DIRECTORS’ REPORT
Sr Name
Age Designation
Qualification
Exp Dt of
Remuneration Particular of
no.
Joining
(
`
In Million)
Last Employment
1 Mr. Ashok Kajaria 65 Chairman & B.SC., BSME.,
37 01.01.1987 18.19
Managing Director-
Managing Director California
Kajaria Exports Limited
2 Mr. Chetan Kajaria 38 Joint
BE- Pune University,
13 15.01.2000 14.98
Managing Director-
Managing Director MBA- Boston
Kajaria Plus Limited
College, USA
3 Mr. Rishi Kajaria 34 Joint
B Sc (Business Admn)
9 26.07.2003 14.98
Director, Kajaria
Managing Director Boston University, USA
Infotech Ltd
4. Mr. R C Rawat
56 Sr V P (A&T) & M Com. FCA, FCS
32 14.07.1987 6.47
Chief Accounts Officer
Co Secretary
RCS Vanaspathi Ltd
5. Dr. Rajveer
58 Chief Operating M.A., PH.D
30 03.08.1998 6.13
V.P. – Venus
Choudhary
Officer
Sugar Limited
6. Mr. Pankaj Sethi
41 AVP (Marketing)
BE – Civil Engg
20 01.04.2003 6.47
Regional Manager
Kajaria Infotech Ltd
7. Mr. Gautam Seth 38 General Manager BE-Mech Engg
13 01.09.2009 6.24
VP – Marketing
(Marketing)
Kajaria Plus Ltd
B) Employed for a part of the financial year and in receipt of remuneration aggregating to
`
0.5 million or more per
month. NIL
For and on behalf of the Board
Place: New Delhi
Ashok Kajaria
Date: 27th April 2012
Chairman and Managing Director