OUR HISTORY
Kesoram was founded in 1919 under the name of Kesoram Cotton Mills Ltd. From its humble beginnings as a cotton textile mill in Calcutta, Kesoram expanded into the production of rayon. Its first rayon plant was built in 1959, with a production capacity of 4,635 metric tons of rayon yarn per year.
The spirit of entrepreneurship did not end there. Kesoram soon entered the tyres and cement industries. A change of name was needed to reflect the company’s increasing portfolio of businesses. So in 1986, it changed its name to Kesoram Industries Limited.
Since then, Kesoram’s operations have grown from strength to strength. Its reputation is recognised today by its listings on four global stock exchanges – National Stock Exchange of India, Bombay Stock Exchange, Calcutta Stock Exchange Association, and the Societe de la Bourse de Luxembourg.
CHAIRMAN'S MESSAGE
The state of the global economy no longer gives reason for cheer. Growth has moderated both in the advanced economies as well as in most emerging economies. An environment of protectionism together with a xenophobic sentiment seems to be sweeping many of the advanced economies, including, inexplicably, the United States. This gives rise to some concern. More so, because the US economy seems to be on a recovery mode.
Against the above difficult background, the Indian economy, I am pleased to state, is well poised. The "Make in India" theme is an excellent model. Several bold measures undertaken by the Central Government during the last Financial Year, including the proposed implementation of the Goods and Service Tax, will be beneficial for the economy as one goes along. However, in a world economy punctuated with so many growth fault lines, the country would need to aggressively reinforce niches for itself in the world market.
We, at Kesoram Industries Limited, spent considerable time in the past year enhancing directional clarity in our businesses through prioritising and re-emphasising the goal of business sustainability.
To this end, I must compliment the Tyre Business on its endeavours at realigning manufacturing capabilities in a situation arising out of our disposal of the Laksar tyre manufacturing facility during the year. The Cement Business faced intense competitive pressures with conviction. The Rayon Business which was spun off as a wholly-owned subsidiary during the year has tasted some success in developing products for discerning customers. This should stand the Business in good stead in the future.
I thank you all for the faith reposed in the Company. I value your continued support.
Basant Kumar Birla
Basant Kumar Birla, Chairman
Manjushree Khaitan, Executive Vice Chairperson
Amitabha Ghosh, Independent Director
Siddhartha Mohanty, LIC Nominee Director
Lee Seow Chuan, Independent Director
Kashi Prasad Khandelwal, Independent Director
Sudip Banerjee, Independent Director
Jikyeong Kang, Additional Independent Director
Chander Kumar Jain, Whole-time Director
TEAM OF EXECUTIVES
P. Radhakrishnan
CFO
Gautam Ganguli
Company Secretary
CODE OF CONDUCT
At Kesoram, sound corporate governance is important in keeping the trust of investors and other stakeholders. That is why the management has set up a Code of Conduct to reach its goal of performance with honesty, integrity and accountability. The Code of Conduct is approved by the Board and subsequent amendments of it will be updated here.
Code of Conduct
Download pdf
Awards/Accolades
For nearly a century, Kesoram has been committed in the pursuit of excellence in not just the products it makes, but also in its processes and services. The company is proud to receive these awards for its achievements.
YEAR 2010
Award for "Excellence in workers' welfare" from the Federation of Andhra Pradesh Chambers of Commerce, Andhra Pradesh.
YEAR 2008
Award for "Excellence in rural development" from the Federation of Andhra Pradesh Chambers of Commerce, Andhra Pradesh.
YEAR 2007
Award for "Excellence in industrial productivity" from the Federation of Andhra Pradesh Chambers of Commerce, Andhra Pradesh. "Best Management Award" in 2007 from the Government of Andhra Pradesh.
YEAR 2006
"Best workers' welfare activity award" from the Federation of Andhra Pradesh Chambers of Commerce, Andhra Pradesh. Award for "Best Improvement in Thermal Energy Performance" and "Second best in environmental excellence in limestone mines" from the National Council for Cement and Building Materials. "Global Cement Award" from the Global Cement and Lime Magazine, London.
YEAR 2000
Award for "Recognition of outstanding achievement in the Modernization of Technique/Approaches of Plant Maintenance" from Japan Institute of Plant Maintenance.
