Company Profile

P. K. Sugathan has 30 years of Result oriented experience in the Aluminium

Extrusion Industry. During his carrier as Tool Room Manager of Indian
Aluminium Company's extrusion division, he developed a strong commitment
to constant improvement through which the company could reduce
rectifications of sections to very minimum, the productivity of the extrusion
presses increased by 250 % and INDAL became leader in supply of heat sink
sections in the country. He has received many awards from INDAL which
includes awards for developing insert type die for refrigeration tubing.
Indian Aluminium Company, was a subsidiary of Aluminium company of
Canada (ALCAN) and it had tie up with HYDRO ALUMINIUM- Norway, the
international leader in aluminium extrusions, for supply of technology to
INDAL. Mr. Sugathan has undergone training in Aluminium company of
Malasyia (ALCOM) which is a subsidiary of ALCAN. Alcom have two presses -
Modern Tool Room and Anodizing. ALCOM export their material to Japan and
Singapore. He has also undergone training in ALCAN plant in Thiland (ALCAN
THAI). ALCAN THAI is also a subsidiary of Aluminium Company of Canada.
ALCAN Thai have three modern extrusion presses with most modern tool
room with ALCAN technology.
Mr. Sugathan has served JINDAL ALUMINIUM as Tool Room Manager. During
his period, JINDAL achived all time record production of 3300 tons per month
and many of their profiles removed from catalogue due to production
problems could be reinstated. At present he is engaged as consultant for
Aluminium Extrusion industries for both extrusion productivity and die
manufacturing. Bhoruka Aluminium Ltd, Mysore is one of his client. Under the
supervision of Mr. Sugathan , Bhoruka could inprove on many aspects
including their die heat treatment practices and Bhoruka achieved significant
improvement on surface finish of their extrusions.
Under the supervision of Mr P. K. Sugathan with in a span of one year a
modern tool room with all CNC machineries, fluidized bed furnace, CNC EDM
etc were set up for Malabar Extrusion Engineers, India. Malabar Extrusion
Engineers could supply Dies to full satisfaction of CRANE Aluminium, Australia
and Crane Aluminium have approved Malabar Extrusion Engineers as their
preferred supplier.
Mr. P. K. Sugathan is serving as a consultant for M/s Mahavir Aluminium,
Delhi, a leading manufacturer of aluminium extrusion in India
Mr. Sugathan has got vast experience of more than 30 years in aluminium
extrusion field with services to aluminium extruders and die manufacturers in
India, Malaysia, Middle East, South East Asia etc. He has got working
experience with presses of capacities ranging from 325 Mt to 3300 Mt and
container Dia 75 mm to 315 mm. He has experience in manufacturing of light
aluminium extrusions with thickness ranging from 0.4 mm and above.He has
designed new toolings for many new presses in India and abroad. Also he has
got die correction experience with dies from Eroga dies-UK, Phoeinx dies-
Italy, Adex dies-Netherlands etc.

Firm Type: Proprietorship

Nature of Business: Services
Level to Expand: National

Contact Information :
Web-site : Visit Website
Contact Person : Mr. P. K. Sughathan

Phones (Office) : + 91 - 484 - 2233018

Mobile : + 91 – 9447763018

Fax : + 91 - 484 – 2233018

Address : 19 / 1807, Puliadath House,

P.D. Road, Palluruthy

KOCHI - 682 006
(Kerala) India

Company History - Indian Aluminium Company

1938

- The Company was Incorporated at Calcutta. The Company Manufacture

aluminium and its semi-fabricated products. The Company acts as
distributors for Alcan Asia Ltd. Some of the products manufactured
are
alloys, architectural sections, barns, chequered plates, circles,
coils
sheets, foils, stock silos, ingots, irrigation tubing, paste for
plant
and pigments, powder, plates, prefabricated house and sheds, rods,
slugs, strips, structural sections and chemicals such as alumina
calcined, alumina hydrated, carbon electrode paste, etc. The
Company
uses the trade name `INDAL'.

1986

- Government clearance was received for the Company's pre-sensitized

aluminium lithyo sheet project in technical collaboration with
Coates
Brothers, p.l.c., U.K.

- The Company undertook to set up a unit for the manufacture of

professional grade multilayer printed circuit boards at Nanjangud
(Mysore), a backward area in Karnataka State with an annual capacity
of
30,000 square metres. This project was registered with DGTD.

- During April, the Company offered to the existing shareholders

20,00,000 - 15% secured redeemable non-convertible debentures of Rs
100
each on rights basis. Due to oversubscription, an additional amount
of
Rs 1.9 crores was retained. Thus debentures for a total amount of
Rs
21.9 crores were allotted. A sum of Rs 5 crores was earmarked for
normal capital expenditures and the balance Rs 16.9 crores was used
to
augment the long-term resources for working capital.

1994

- The Company acquired a 26.5% stake in Annapurna Foils Ltd. (AFL),

Hyderabad (A.P.) under a rehabilitation proposal of BIFR approved in
October by investing in 52,00,000 equity shares of AFL of face value
of
Rs 10 each for cash at par. The Company provides operational,
marketing and managerial assistance to AFL.

- On 1st March, the Company issued GDRs representing 59,11,330

shares
at a price of US .15 per GDR.

- The Company's Belgaum smelter was fully de-energised in August

1992
due to high power tariffs and low metal prices endangering the
viability operations of the entire company.

- 130 electrolytic pots with an annual capacity of 18,000 tonnes of

metal have therefore been put back in operation.

- Hirakud Power Co., Ltd., was amalgamated with the Company. The
Company signed a joint venture agreement with Courtaulds plc group
U.K.
to establish an aluminium foil based laminated tube plant in Goa.
Indal is to have a 30% stake in the new Company.

- During the year, the Company was actively pursuing the Utkal
alumina
project jointly with Hydro Aluminium as and Tata Industries Ltd. for
setting up a export oriented one million tonne p.a. capacity alumina
plant.

- The Company undertook to implement the scrap recycling project at

Taloja, Maharashtra next to the Company's existing sheet plant.

- The Company was sponsored by Alcan Aluminium Limited of Canada

(Alcan), the principal shareholder of the Company. Alcan, has also
provided the Company with necessary technical and engineering
facilities in fulfilling its various expansion programmes and in
attaining proficiency in the complicated operations of smelting and
fabricating aluminium.

1998

- Indian Aluminium Co Ltd (Indal) has signed a million

syndicated
 loan facility to finance the modernisation of its sheet-rolling
facilities at Belur in West Bengal and Taloja in Maharashtra,
according
to a company release.

- The US Trade and Development Agency has signed an agreement with

the
Indian Aluminium Company Ltd granting 0,000 towards a feasibility
study for the expansion and modernisation of the Hirakud aluminium
smelter in Orissa.

- Indian Aluminium Co. (Indal) is negotiating with Bihar State

Mineral
Development Corporation (BSMDC) for a joint venture thermal power
project in South Bihar.

- Indal had already signed the power purchase agreement with Coastal
Power of the US which was to set up the naphtha-fired captive power
plant on a build-own-operate-transfer (BOOT) basis.

2003

-Indal comes out three outstanding strategy on leveraging ascendency

in the upstream
and downstream business, strengthening portfolio of highvalue
products and
pushing export volumes for the bright future of the company.

-Mr.S.C Jain, nominee of the Life InsuranceCorporation of India has

withdrawn.

-Indal decided to de-energize the smelter operations at Alupuram

because of hike
in power tariff.

-Indal has notified to shutdown its smelter plant at Alupuram near

Kochi to KSEB
due to increased power tariff.

-Indal has acquired stake in with Utkal Alumina International Ltd by

increasing from 20% to 55%
equity.

2004

-Indian Aluminium Company Ltd has informed that Mr. Aniruddha Sen has
been appointed as Company Secretary of the Company w.e.f. February 1,
2004 with cessation of Shri Sanjeeb Chatterjee as Company Secretary.
Mr. Sen will also act as Compliance Officer.

-Indal acquires 51% equity stake in Suvas Holdings

-INDAL equity shares delisted form Calcutta Stock Exchange

Company Background - Indian Aluminium Company
Industry Name Aluminium
House Name Birlas (Aditya Vikram) Group
Collaborative Country Name N.A.
Joint Sector Name N.A.
Year Of Incorporation 1938
Year Of Commercial Production N.A.

Regd. Office
Address 1, Prafulla Chandra Sen Sarani, N.A.
District Kolkata
State West Bengal
Pin Code 700071
Tel. No. 033-22809710 - 19
Fax No. 033-22883964
Email : Anirudha.Sen@indal.co.in Internet : N.A.

Auditors Company Status

Price Waterhouse N.A.

Products

Precision Lamination Stamping Tool

Modular Precision Tooling System

Mettalizing and Welding for Wire Drawing Machines

Spindle Speeders for Drilling, Milling and Grinding
Groover Hot Air Tool

Profit or loss

March 2007

Financial Results

(Rs Thousand)

April 2006 - April 2005 -

March 2007 March 2006
 Sales and Operating Revenues 876,001
729,664
Of which exports 102,727
101,457
Operating profit (profit before
Depreciation, Interest and Tax) 10,142
19,595
Interest 3,615
2,570
Depreciation 36,066
34,622
Profit (Loss) before tax (29,539)
(17,597)
Tax- Current NIL
4,345
- Deferred (5,443)
(9,166)
- Fringe Benefit 468
551
Profit/(Loss) after tax (24,564)
(13,327)

Sales and Operating Revenues stood at Rs.876,001 thousand

(previous
year Rs 729,664 thousand). Net Loss was Rs.24,564 thousand
(previous
year Net Loss Rs. 13,327 thousand).