Scheduleforming part of the Balance Sheet - Domain-b

Annual Report 2007-2008
Schedules forming part of the Balance Sheet
Schedule 6 : Investments (Contd.)
Face Holdings Holdings Previous Year
Value As at Rupees Rupees As at Rupees
Rupees 31st Mar 08 crores crores 31st Mar 07 crores
Brought over
Quoted Equity Shares - Fully Paid :
175.68 172.66
Tourism Finance Corporation of India Ltd. 10 50,000 0.10 50,000 0.10
Benares Hotels Ltd. 10 2,93,000 0.69 2,93,000 0.69
Taj Lanka Hotels Ltd. Sri Lankan Rs. 10 3,43,75,640 18.72 3,43,75,640 18.72
Oriental Hotels Ltd. 10 33,76,455 28.72 33,76,455 28.72
Taj GVK Hotels & Resorts Ltd. 2 1,60,00,000 40.34 1,60,00,000 40.34
Tata Consultancy Services Ltd. 1 614,376 0.05 614,376 0.05
88.62 88.62
Investments in Subsidiary Companies
Unqoted Equity Shares - Fully Paid :
International Hotel Management Services Inc. US $ 1 100 418.47 100 418.47
KTC Hotels Ltd. 10 6,04,000 0.70 6,04,000 0.70
Residency Food & Beverages Ltd.
Roots Corporation Ltd. (1,25,00,000 shares
10 1,85,00,000 18.25 1,85,00,000 18.25
acquired during the year) 10 5,10,00,000 51.00 3,85,00,000 38.50
Taj International Hotels (H.K.) Ltd. US $ 1 2,67,55,000 81.12 2,67,55,000 81.12
Taj Investment & Finance Company Ltd. 10 8,15,00,000 81.50 8,15,00,000 81.50
Taj SATS Air Catering Ltd. 10 88,74,000 61.82 88,74,000 61.82
United Hotels Ltd. 10 25,18,320 1.11 25,18,320 1.11
713.97 701.47
Other Investments - Long Term
Central India Spinning Weaving &
Manufacturing Co. Ltd. ( 10% unquoted
Cumulative Preference Shares ) ( Rs. 27,888/-)
HDFC Bank Ltd. (quoted Equity Shares )
500 50 - 50 -
( Rs. 5,000/- ) 10 500 - 500 -
- -
Total Long Term Investments - Gross 978.27 962.75
Less : Provision for Diminution in Value of Investments 0.69 0.94
Total Long Term Investments - Net 977.58 961.81
Carried over 977.58 961.81
81