Committed to steady growth

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5685 Cr



Return on Net Worth

796 Cr



Net Debt to Equity

462 Cr




4678 Cr



Return on Net Worth

697 Cr



Net Debt to Equity

406 Cr




Investor Services

Shareholding Pattern

( as on March 31, 2018 )


Prominent Shareholder

No. of Shares

% of Total Capital






















Results and Reports

Annual Reports and Notice

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Balance Sheet - Foreign Subsidiaries

Balance Sheet - SRF Indian Subsidiaries

Annual Reports and Notice

Financial Results

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FY 2015-2016

Q3 and 9 months

FY 2014-2015

Q3 and 9 months

FY 2013-2014

Q3 and 9 months

FY 2012-2013

Q3 and 9 months

FY 2011-2012

Q3 and 9 months

FY 2010-2011

Q3 and 9 months

FY 2009-2010

Q3 and 9 months

FY 2008-2009

Q3 and 9 months

FY 2007-2008

Q3 and 9 months

FY 2006-2007

Q3 and 9 months

FY 2005-2006

Q3 and 9 months

FY 2004-2005

Q3 and 9 months
Q4 and FY

FY 2003-2004

Q2 & H1
Q3 and 9 months
Q4 and FY

FY 2002-2003

Q2 & H1
Q3 and 9 months

FY 2001-2002

Q3 and 9 months

Sustainability Report

Corporate Governance

Board of Directors

Arun Bharat Ram

Chairman, SRF

Arun Bharat Ram, Chairman of SRF Limited is an alumnus of the University of Michigan, U.S.A. He set up SRF in 1970 as a manufacturer of nylon tyre cord, which over the years has not only diversified but has also acquired global leadership in most of its businesses. His strong support of initiatives of corporate governance, Total Quality Management and professionalisation of management led to SRF's Industrial Synthetics Business winning the coveted global Deming Award in 2004.

He started his career in 1967 with the Delhi Cloth & General Mills Co. Ltd. (now DCM Ltd.), the flagship company of the Shri Ram Group of Companies.

Arun Bharat Ram has been President of CII during 2000-2001, currently Chairman of CII Education Council, and the Indian Co-Chairman of the Indo German Consultative Group.

A mid-handicap golfer and a keen musician, having learnt under the renowned maestro Pt. Ravi Shankar, he plays the sitar whenever possible. Arun Bharat Ram belongs to a renowned family of Delhi well known for its contribution in the field of education, art, culture and sports.

Arun Bharat Ram has won many awards and accolades. The important ones are the Jamshedji Tata Award, which was conferred on him by the Indian Society for Quality (ISQ) for the year 2006 and the Officer’s Cross of the Order of Merit, presented by the Federal Government of Germany in 2008.

Ashish Bharat Ram

Managing Director, SRF

Ashish Bharat Ram took over as managing Director of SRF Ltd in January 2007. He has assumed various responsibilities across different verticals since he joined SRF in 1994. Under his leadership SRF has grown into a multi locational global entity with operations in 4 countries. SRF is a domestic leader in most of its businesses with a global leadership position in Technical Textiles. The Chemical Business has achieved new benchmarks in sustainable development and community partnerships.

Prior to this Ashish had briefly worked as a Management Trainee at Toyota Motor Corporation, Tokyo and American Express bank, New Delhi. He also had a very satisfying stint in DCM Toyota, SRF Finance Limited and SRF Overseas Limited.

He has done his schooling from Doon School and graduation in Economics from Hindu College, Delhi University with an emphasis on mathematics. Ashish went on to do his Masters in Business Administration from 1992 to 1994 with an emphasis on finance and strategy from The Johnson Graduate School of Management, Cornell University, Ithaca, NY, USA. Presently, he is a member of the Young Presidents Organisation (YPO) Delhi Chapter.

He is a golfer of repute and enjoys listening to Indian classical music.

Kartik Bharat Ram

Dy Managing Director, SRF

Kartik Bharat Ram took over as Deputy Managing Director of SRF Limited in February 2007. He has assumed various responsibilities across different verticals in SRF ever since he joined the company in 1993. In his current role, Kartik is largely involved in creation and strengthening of a culture of total excellence across the organisation with studied focus on TQM as SRF way of management. He is passionately involved in driving aspirations of the company through value-based leadership. Kartik is also striving to build SRF into a trusted corporate brand – one that is respected for its commitment to deliver sustainable growth through total excellence.

As Vice President in SRF, Kartik Bharat Ram was instrumental in integrating HR, IT and TQM functions across the organisation. Earlier, Kartikeya had the opportunity of working as a SRF member of the team with McKinsey & Co in 1993, for developing and implementing a cost reduction programme and rationalisation of manpower.

He has also been associated with designing business processes with Coopers & Lybrand for setting up a new factory under SRF's business in UAE.

Kartik Bharat Ram has also been involved in addressing the concerns of Delhi city in his capacity as the President of the Delhi Chapter of CII during 2007-08. Away from work, Kartik loves to play golf with his friends during weekends and play sarod whenever he gets time.

Kartik Bharat Ram is a graduate from Santa Clara University and MBA from Cornell University, New York.

Pramod Gopaldas Gujarathi, Director (Safety & Environment)

Pramod Gopaldas Gujarathi

Mr. Pramod Gopaldas Gujarathi is B. Tech. (Chemical Engineering) from IIT, Bombay and having Post Graduate Diploma in Management Studies with a vast and rich experience of 38 years in the field of production, engineering, safety, environment, QA and R&D, etc. He had served as Director & Site Manager with Bayer Group for around eighteen years.

Vellayan Subbiah

Vellayan Subbiah is B.Tech (Civil) from I.I.T. Chennai and M.B.A. from University of Michigan. He have rich experience of over 20 year of different positions across various industries.

His professional experience includes six years with Mckinsey's and Company, Chicago and associations with 24/7 Customer Inc and Sundram Fasteners. He was the Managing Director of Laserwords, Chennai, India a leading provider of pre-press services to global publishers between January 2007 and August 2010. Since August 2010 he is Managing Director of Cholamandalam Investment & Finance Company Limited.

Vinayak Chatterjee

Vinayak Chatterjee (50), a graduate in Economics from St. Stephen's College, Delhi and a Post-graduate in Management from the Indian Institute of Management, Ahmedabad is the Chairman of Feedback Ventures, India's leading integrated infrastructure services company. He is strategic advisor to several leading corporates and Government agencies in the areas of economic policy and infrastructure planning and implementation.

Pramod Bhasin

Pramod Bhasin has founder Genpact (formerly GE Capital International Services) in 1997. He was the President & CEO till June 2011 and is currently the Vice Chairman. Under his leadership, Genpact pioneered the Business Process Management industry in India. This industry now employs over a million people in India, directly and indirectly. Genpact has also been the pioneer of this industry in China and Eastern Europe. Today, it is acknowledged as a leader in the globalization of services and technology. Genpact is publicly listed on the New York Stock Exchange under the symbol ‘G’.

Pramod was earlier an Officer of General Electric (GE). His career with GE and RCA spanned 25 years across the US, Europe and Asia. He was most recently the head of GE Capital in India and in Asia, having earlier worked with GE Capital's Corporate and Finance Group in Stamford, Connecticut, USA.

Pramod is a Chartered Accountant from Thomson McLintock & Co., London, and holds a Bachelor of Commerce degree from Delhi University. He serves on the boards of NDTV and Bank of India and on the governing boards of several educational institutions including IIM Lucknow, Lady Shri Ram College, and Shri Ram School. Pramod has also served as the Chairman of India's National Association of Software & Services Companies (NASSCOM) and is the current Chairman of the CII Services Council.

Tejpreet S. Chopra

Tejpreet S. Chopra is the founder and President & CEO of Bharat Light and Power. Bharat light and Power is a clean power generation company utilizing a variety of advanced technologies.

Until recently, Tejpreet was the President and CEO of General Electric in India, Sri Lanka and Bangladesh, and was responsible for directing GE's strategies for growth in these countries. Since joining GE in 1996, he has held positions in marketing, structured finance and risk management in Stamford and Hong Kong for GE Capital Aviation Services (GECAS).

Tejpreet is involved in various industry associations. He was a member of the National Council of the Confederation of Indian Industry (CII), the Chairman of the American

Chamber of Commerce in India (AMCHAM), and the Board of Directors of the U.S. - India Business Council (USIBC).He is a participant of the Young President's Organisation (YPO), an Aspen Institute Fellow, a part of the Aspen Global Leadership Network, and the World Economic Forum's Young Global Leaders.

Tejpreet holds an MBA degree from Cornell University and a B.A. Honours degree in Economics from St. Stephen's College, Delhi University.

L. Lakshman

L. Lakshman is the Executive Chairman of Rane Holdings Limited, the apex company of the Rane Group, an acknowledged leader in auto component industry. Lakshman is a mechanical engineer from the PSG College of Technology (graduated in 1970), University of Madras and an alumnus of London Business School, UK.

Under his leadership, Rane Brake Lining Limited, Rane Engine Valve Limited, Rane TRW Steering Systems Limited and Rane(Madras) Limted have won the coveted Deming Prize. As President of ACMA, Madras Chamber of commerce and Industry and ASSOCHAM, a federation of chambers of commerce, Lakshman has been an active member in various industry forums.

Dr. Meenakshi Gopinath

Dr. Meenakshi Gopinath is currently Founder and Director of WISCOMP (Women in Security, Conflict Management and Peace), an initiative that seeks to promote the leadership of South Asian women in the areas of peace, security and regional cooperation. She is also Mentor of Lady Shri Ram College, New Delhi. She was the first woman to serve as member of the National Security Advisory Board (NSAB) of India. After graduating with Honours in Political Science from Lady Shri Ram College, New Delhi, she took her Masters degree from the University of Massachusetts, USA and her doctorate from the University of Delhi. Her post doctoral work, as a Fulbright scholar was at Georgetown University, USA.

In recognition of her contribution to the field of women’s education and empowerment, she has received several awards including the Padma Shri Award, Indira Priyadarshini Gandhi Award, the Rajiv Gandhi Award for Excellence in Education and the Mahila Shiromani Award and the Delhi Citizen Forum Award and Qimpro Platinum Standard Award for Education and Celebrating Womanhood South Asian Recognition Award for Social Harmony and International Lifetime Achievement Award – 2009 for outstanding work in the field of justice, Equity, Peace and Progress and various others.

Committees of Board of Directors

Audit Committee

Mr. Vinayak Chatterjee Chairman

Mr. L Lakshman Member

Mr. Vellayan Subbiah Member

Stakeholders Relationship Committee

Mr. Tejpreet Singh Chopra Chairman

Mr. Arun Bharat Ram Member

Mr. Ashish Bharat Ram Member

Mr. Kartik Bharat Ram Member

Mr. Vinayak Chatterjee Member

Nomination and Remuneration Committee

Mr. Vinayak Chatterjee Chairman

Mr. Tejpreet Singh Chopra Member

Mr. Vellayan Subbiah Member

CSR Committee

Dr. Meenakshi Gopinath Chairman

Mr. Kartik Bharat Ram Member

Mr. L Lakshman Member

Vigil Mechanism

In compliance of provisions of the Companies and Listing Agreement the company has establish a vigil mechanism for directors and employees to report concerns about unethical behaviour, actual or suspected fraud or violation of the company's code of conduct.

The Vigil mechanism of the Company consists of the following:

  • Code of Conduct for Directors and Senior Management Personnel
  • Code of Conduct for employees
  • Policy against sexual harassment
  • Whistleblower Policy
  • Code of Conduct for Prevention of Insider Trading
  • These taken together constitute the vigil mechanism through which Directors and employees can voice their concerns.

Investor Information


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Notification Date
Newspaper Publication- Postal Ballot Notice 27.02.2018
Newspaper Publication- Notice for Transfer of Shares to IEPF 14.02.2018
Extension in Tenure of Service of Mr. Anoop K Joshi — President, CFO & CS and Re-designation of Mr. Anuraq Jain as President & CEO — SCB & CTG 08.02.2018
Setting up of a BOPET film line in Europe 07.02.2018
Change in Compliance Officer 07.02.2018
Declaration 2nd Interim Dividend – 2017-18 07.02.2018
Board Meeting dtd 07.02.2018 for UAFR Q3 Dec. 2017 07.02.2018
Corporate Governance Report 31.12.2017
Investors Grievance Report 31.12.2017
Commissioning and capitalization of third Multipurpose Plant 01.01.2018
Commissioning and capitalization of BOPP Film Line & Metallizer project 29.12.2017
Board approved Capex for Integrated Facility for HFC 125, HFC 32, HFC – 134 a & AHF for Rs. 356 Cr 09.11.2017
Intimation to SE regarding Definitive Agreements for acquisition of HFC- 125 Assets from Mexichem UK 02.11.2017
SRF Limited Expands its Refrigerants Portfolio to Service the AC Industry by Acquiring the R 125 Assets of a Global Major 02.11.2017
Intimation – Board Meeting dtd 09.11.2017 for UAFR Q2H1 Sept – 2017 27.10.2017
HY Compliance Certificate from RTA & Company Under Reg 30.09.2017
Corporate Governance Report 30.09.2017
Investors Grievance Report 30.09.2017
Proceedings of 45th AGM Reg. 30 08.08.2017
Unaudited Financial Results alongwith Limited Review Report for the Quarter Ended 30.6.2017 09.08.2017
Declaration Of 1st Interim Divendend 2017-18 08.08.2017
Intimation Of Shifting Registerd Office 08.08.2017
Change in Key Managerical Personnel-Regulation 30(6) Of SEBI,LODR,2015 08.08.2017
Captial Expenditure approved by the Board 08.08.2017
Corporate Governance Report 30.06.2017
Investor Grievance Report 30.06.2017
Intimation of BM dated 08.08.2017 26.07.2017
Newspaper Publication- AGM, Book Closure, E-Voting Notice 16.07.2017
Outcome - BM- 28.06.2017 – Authorization to Financial Resources Committee for Issuance of NCDs aggregating up to Rs. 300 Crores 22.06.2017
Intimation- BM- 28.06.2017 for Issuance of NCD upto Rs. 300 Crore on private placement basis 22.06.2017
Capex for setting-up of a facility at a cost of Rs. 180 Crores to produce agrochemical at Dahej 22.05.2017
Notice-Board Meeting dtd 22.05.2017- Financial Results-Q4&FY-2016-17 11.05.2017
Notification Date
Report on Grievance Redressal Mechanism under Reg (13) 31.03.2017
Compliance Report on Corporate Governance under Reg. 27 31.03.2017
HY Compliance Certificate from RTA & Company Under Reg 7(3) 31.03.2017
Newspaper Publication – Public Notice – Transfer of Shares to IEPF A/c.(English) 11.03.2017
Newspaper Publication – Public Notice – Transfer of Shares to IEPF A/c.(Hindi) 11.03.2017
Newspaper publication - Q3 DEC -16 UAFR approved in BM dated 10.02.2017. 11.02.2017
Change in Directorate. 10.02.2017
Dividend Intimation. 10.02.2017
Dividend Record Date & UAFR for quarter ended 31.12.2016. 10.02.2017
Phase 1 capitalization Rs. 330 Crores- BOPET Film Plant and Metallizer plant - PFB-I. 07.02.2017
Start of Trial Production of new BOPET film Line in DTA, Indore. 01.02.2017
Clippings Notice of Record date & Board Meeting dtd 10.02.2017. 31.01.2017
Investor Grievance Report under Reg 13 (3). 31.12.2016
Corporate Governance Report under Reg. 27 (2). 31.12.2016
Share Capital Reconciliation Audit Report. 31.12.2016
Newspaper publication for Q2HI UAFR approved in BM dated 11.11.2016. 12.11.2016
Unaudited Financial Results for Q2_HI-FY-2016-17. 11.11.2016
Commissioning and capitalization of project for enhancing the R&D capability of CB, Bhiwadi. 10.11.2016
Intimation of Earning Call Q2H1-2016-17 09.11.2016
Clippings Notice of Board Meeting dtd 11.11.2016. 03.11.2016
Notice of Board Meeting dated 11.11.2016 for UAFR qtr ended 30.09.2016 02.11.2016
SRF Press Release -See's long term opportunities in move aganist Climate Change 27.10.2016
SRF Cap Reconcialtion Audit Report 27.10.2016
SRF Compliance Certificate Register Register 17.10.2016
SRF Investor Grievance Register Report 10.10.2016
Publication Notice 09.08.2016 09.08.2016
BM Press Relese 08.08.2016
Capex Intimation 3rd Multipurpose Plant Rs 180 Crores. 08.08.2016
Capex Intimation Chloromethanes plant rs 165 crores 08.08.2016
Dividend Intimation 08.08.2016
UAFRLR JUNE 2016-2017 08.08.2016
Publication Notice BM 28.07.2016 28.07.2016
Commissioning and capitalization of modernization project of Technical Textile Plant at Gwalior, M.P 15.07.2016
AGM Notice Newspaper Clippings EVoting BookClosure SRF 15.07.2016
Intimation Book Closure 45 AGM SRF 14.07.2016
CG REPORT Reg27(2) June 2016 14.07.2016
Investor Grievance Stat.Reg.13(3) SRF June 16 08.07.2016
Int Reg33 LODR SRF Opt for Consolidated Financial Results 2016 - 17 08.06.2016
Publication Results May-2016 11.05.2016
Capex BOPP & Metalizer Rs.269 Cr PFB, DTA, Indore 10.05.2016
Summary Standalone Finacial Results 2015 - 16 10.05.2016
Standalone & Consolidated Audited Results FormA AuditorsReport 31.03.2016 10.05.2016
Notice BM 10.05.2016 QTR YEAR ENDED 31.03.2016 02.05.2016
Publication Notice BM 10.05.2016 03.05.2016
Certificate Regulation 40(10) SRF Ltd March 2016 15.04.2016
Certificate Regulation 7(3) SRF Ltd March-2016 15.04.2016
CR Audit Report SRF Ltd Mar 2016 14.04.2016
Inv Greiv Report Reg 13(3) SRF 13.04.2016
CG Report Reg 27(2) SRF 13.04.2016
Notification Date
Notice US 160 for Dr. Meenakshi Gopinath Director-CSR 11.05.2015
Commissioning and capitalization of projects approved by the Board of Directors 31.03.2016
Publication Notice BM 09.02.2016 09.02.2016
Disruption of operations due to flooding and rain at Manali Industrial Area, Manali, Tamil Nadu Plant 09.02.2016
Declaration of 2nd Interim Dividend - 2015-16 08.02.2016
Appointment of Chief Financial Officer 08.02.2016
Commissioning and capitalization of dedicated plant for manufacturing of speciality chemicals ate Dahej 02.02.2016
Publication Notice Board Meeting dated 08.02.2016-FE & Jansatta 29.01.2016
Publication Notice BM 29.01.2016 29.01.2016
Quarterly Compliance Report on Corporate Governance under Clause 27(2) of SEBI(Listing Obligations and Disclosure Requirements), Regulations, 2015 28.01.2016
Initmation under Clause 29 of SEBI(Listing Obligations and Disclosure Requirements), Regulations, 2015 - Board Meeting and Record Date for Second Interim Dividend 28.01.2016
Submission of Reconciliation of Share Capital Audit Report 22.01.2016
Shareholding Pattern under Clause 31 (1)(b) of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 14.01.2016
Statement - Grievance Readdressal Mechanism under Clause 13(3) of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 13.01.2016
Quarterly Compliance Report on Corporate Governance under Clause 27(2) of SEBI(Listing Obligations and Disclosure Requirements), Regulations, 2015 13.01.2016
Disruption of operations due to flooding and rain at Manali Industrial area, Manali, Tamil Nadu Plant 05.01.2016
Interim Dividend 2015-16 06.08.2015
Capital Expenditure proposals approved by the Board 06.08.2015
Capital Expenditure proposals approved by the Board at Dahej, Gujarat Plant 12.05.2015
Notice US 160 for Dr. Meenakshi Gopinath-Director-CSR 11.05.2015

Unpaid Dividend

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as on AGM dated 07.08.2018

  1st Interim Dividend 2nd Interim Dividend
Unclaimed & Unpaid Dividends for the year 2017-18  
Unclaimed & Unpaid Dividends for the year 2016-17  
Unclaimed & Unpaid Dividends for the year 2015-16  
Unclaimed & Unpaid Dividends for the year 2014-15  
Unclaimed & Unpaid Dividends for the year 2013-14  
Unclaimed & Unpaid Dividends for the year 2012-13  
Unclaimed & Unpaid Dividends for the year 2011-12  
Coming soon

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Unpaid Dividend List- 1st Interim Dividend-2016-17 as on 31.12.2016

  1st Interim Dividend
Unclaimed & Unpaid Dividends for the year 2016-17  
Coming soon

Postal Ballot Notice - SRF - 2018

Process of Dematerialization

Postal Ballot Form - SRF - 2018


List of Shares to be transferable to IEPF-1st Inv Div-11-12-357 Cases

Details of Shares Transfered to IEPF(Unpaid Div-2009-10)-SRF

Details of Shares Transferred to IEPF (Unpaid Div-2010-11)-SRF

Shareholding Pattern

Share Price Tracker

Latest Stock Information

Share Price – NSE

Share Price – BSE

Stock Code of SRF


BSE SENSEX- 503806

SRF Share Price Movement Vs Nifty for 2016-17

Note: Both Nifty and SRF share prices are indexed to 100 as on April 1, 2016


Vistra ITCL (India) Limited (Formerly known as IL&FS Trust Company Limited)

Debenture Trustee for the 2000, 9.80% Privately Placed, Listed, Secured, Redeemable, Non-Convertible Debentures of Rs. 10 lacs each aggregating to Rs. 200 Crores (ISIN INE647A07025)

Debenture Trustee for the 3000, 7.33% Privately Placed, Listed, Secured, Redeemable, Non-Convertible Debentures of Rs. 10 lacs each aggregating to Rs. 300 Crores (ISIN INE647A07033)

Vistra ITCL (India) Limited (Formerly known as IL&FS Trust Company Limited)

The IL&FS Financial Centre
Plot C-22, G Block, 7th Floor,
Bandra Kurla Complex, Bandra (East)
Mumbai 400 051

Communication to Debenture holders

Investor Contact

For Shareholder matters please contact our Registrars at

Karvy Computershare Private Limited

Karvy Selenium Tower B , Plot 31-32,

Gachibowli, Financial District, Nanakramguda,

Hyderabad 500 032

Phone No: 040-67162222

Fax No: 040-23001153

Toll Free no.: 1800-345-4001



For Shareholders and Compliance matters

Ms. Ekta Maheshwari

Compliance Officer / Nodal Officer (for IEPF Purpose)

Address : SRF Limited

Block C, Sector – 45, Gurgaon,

Haryana 122003

Phone No. 0124 – 4354782

Fax No. 0124-4354500


Refund from Investor Education and Protection Fund

Any person whose shares, unclaimed dividend, etc., has been transferred to the Fund, may claim their refunds from the IEPF Authority by submitting an online application in Form IEPF-5 available on the website of Investor Education and Protection Fund at

Contact details of persons authorised for the purpose of Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Mr. Anoop K Joshi

President, CFO & Company Secretary

Address : SRF Limited

Block – C, Sector – 45, Gurgaon,

Haryana – 122003


Phone No. - 0124-4354596

Fax No. – 0124-4354500

Ms. Ekta Maheshwari

Compliance Officer

Address : SRF Limited

Block – C, Sector – 45, Gurgaon,

Haryana – 122003


Phone No. – 0124 – 4354782

Fax No. – 0124-4354500

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