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Jamshedpur
July 23, 2011
TRF Bids Farewell to Dr Jamshed J Irani as Chairman
Dr. Jamshed .J Irani, after leading TRF Limited as its Chairman in the Board of Directors, stepped down in the 48th Annual General Meeting of the company held today. Dr Irani was the Chairman of the Company for a total duration of 15 years and was a Director in the board of the Company for 24 years.
Dr Iani also announced the financial results of the Company at the Annual General Meeting. The company's consolidated turnover in quarter-1 of the current financial year was Rs 272 crores and its net profit stood at Rs 3.60 crores.
Later in the day, a farewell function was organized by all employees of the Company which was attended by Directors in the Board of the Company, senior executives and officers, members of the Tata Robins Fraser Labour Union and a large number of employees of the Company. Speaking on the occasion, Dr Irani said that we must constantly strive to equip ourselves with the appropriate skill and resources to remain competitive in the market and search for even the smallest opportunity to improve ourselves. Mr Sudhir Deoras, MD, TRF and Mr Rakeswar Pandey thanked Dr Irani for his inspiring leadership on behalf of the entire company and wished him the best in the future.
(Rajen Sahay)
Head, Corporate Communications
TRF Ltd is a pioneer in engineering and supply of material handling equipment and systems for five decades. TRF has recently acquired Hewitt Robins Fraser Limited, UK to enhance it sscale of bulk material equipment and make a more meaningful presence in both European and Indian markets and the sub-continent. It also has business interest in automotive applications. The company's subsidiary, York Transport Equipment (Asia) Pte Limited, Singapore is engaged in the business of production and distribution of trailer undergears, with market presence in 27 countries. York Transport Equipment (Asia) Pte Ltd has four manufacturing facilities world wide, including one in India. TRF has also set up Adithya Automotive Applications Limited, an automotive applications unit under a joint venture in Lucknow. More recently, TRF acquired the Dutch Lanka Trailer (DLT) Manufacturers Limited, Sri Lanka. DLT is a world-class trailer manufacturing company and has manufacturing facilities in Sri Lanka, Oman and India. It exports trailers to as many as 30 countries.
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