Toll Free: 1800 22 0369 / 1800 103 1369

Home»Company Information»Director's Report

DIRECTORS' REPORT

United Spirits Ltd.

BSE

May 24, 12:00
546.25 +12.60 (+ 2.36 %)
Volume72389
Prev. Close 533.65
Open Price 533.70
Today's Low / High
533.70
     
549.00
Bid Price(Qty.) 0.00 (0)
Offer Pr.(Qty.) 0.00 (0)
52 Wk Low / High
439.00
     
716.00

NSE

May 24, 12:00
547.95 +13.75 (+ 2.57 %)
Volume 1006522
Prev. Close 534.20
Open Price 535.50
Today's Low / High
534.40
     
551.30
Bid Price(Qty.) 0.00 (0)
Offer Pr.(Qty.) 0.00 (0)
52 Wk Low / High
438.20
     
708.75

You can view full text of the latest Director's Report for the company.

Market Cap. ( in Cr. ) 39816.17 P/BV 16.46 Book Value ( ) 33.29
52 Week High/Low ( ) 709/438 FV/ML 2/1 P/E(X) 62.82
Book Closure 07/09/2018 EPS ( ) 8.72 Div Yield (%) 0.00
Year End :2018-03 

The Directors are pleased to present the 19th Annual Report of your Company and the audited financial statements for the year ended March 31, 2018.

1. Financial Results

INR in Million

Particulars

Standalone

Consolidated

2017-18

2016-17

2017-18

2016-17

The working of your Company for the year under review resulted in

Profit / Loss from operations

9,664

7,131

11,486

7,194

Exceptional and other non-recurring items

(90)

3,262

445

3,681

Less:

Depreciation

1,351

1,323

1,923

1,886

Taxation (including deferred tax)

2,786

847

2,599

697

Profit / (Loss) after tax

5,617

1,699

6519*

930*

Profit B/F from previous year

(40,324)

(42,590)

(45,248)

(46,815)

Minority Interest appropriation

-

-

(181)

71

Foreign Currency Translation Reserve Considered separately

-

-

71

29

Total Comprehensive Income

83

499

17

468

Transfer between reserves

-

68

-

68

Profit / (Loss) available for appropriation

(34,624)

(40,324)

(38,802)

(45,248)

Your Directors have made the following appropriations:

General Reserve

-

-

-

-

Dividend paid in respect to previous years

-

-

-

-

Proposed dividend

-

-

-

-

Corporate Tax on Proposed Dividend

-

-

-

-

Corporate Tax on Dividend paid

-

-

-

-

Balance carried to the Balance sheet

(34,624)

(40,324)

(38,802)

(45,248)

EPS-Basic & Diluted (Rupees)

38.65

11.69

44.68

7.06

* Excluding minority interest

1.1 Subsidiary Companies

In accordance with section 129(3) of the Companies Act, 2013, (‘Companies Act’) a statement containing salient features of the financial statements of the subsidiary companies in Form AOC-1 is provided as Annexure - 1 to this report.

In accordance with the third proviso to section 136(1) of the Companies Act, 2013 the annual report and financial statements of each of the subsidiary companies have also been placed on the website of the Company www.diageoindia.com

2. Board’s Responses to Observations, Qualifications and Adverse Remarks in Auditor’s Report

The Statutory Auditors have given unqualified opinion on the Financial Statements for the year ended March 31, 2018 and hence this is not applicable.

The Secretarial Auditor has given an unqualified opinion in the Secretarial Audit Report for the year ended March 31, 2018, and the Secretarial Audit Report is annexed as Annexure - 3.

3. Material changes and commitments/Events subsequent to the date of the Financial statements

The company has Sub-Divided 548,000,000 Equity Shares of Face Value of Rs.10/- per Equity Share into 2,740,000,000 equity share of Rs.2/- per Equity Share and also 1,200,000 Preference Shares of face value of Rs.100/- per preference share into 12,000,000 preference shares of Rs.10/- per preference share of the company subsequent to the end of the Financial Year 2017-18.

4. Change in nature of Business, if any

The details of change in nature of business is provided under Management Discussion and Analysis Report and the Report on Risk Management forms part of this Annual Report.

5. Dividend

In view of the accumulated losses of the preceding years, your directors could not recommend any dividend. No amount is proposed to be carried to reserves.

6. Capital

The authorized share capital of your Company remains unchanged however the Face Value of 548,000,000 equity shares of Rs.10/- per share have been sub-divided into 2,740,000,000 equity shares of Rs.2/- each and brought uniformity between two classes of preference shares resulting in 171,200,000 Preference Shares of Rs.10/- each.

7. Performance of the company

During the year under review, your Company has achieved a sales volume of about 78.5 million cases and this resulted in a decline of 13% compared to prior period (90 million cases previous year, that included volume from states where the Popular segment has been franchised). After adjusting for the franchise model changes, underlying volume declined 2% compared to prior period. Net sales/ income from operations of your Company declined 4% in the financial year ended March 31, 2018 and stood at INR 81,701 million net of duties and taxes (INR 85,476 million previous year). This was as a result of franchising our Popular segment in a few states. Adjusted for the operating model changes, net sales/income from operations grew 1% for the year. Sales volume of the Company’s brands in the ‘Prestige and Above’ segment grew 1% in the financial year ended March 31, 2018 and stood at 37.2 million cases (previous year 36.8 million cases). Net sales of the ‘Prestige and Above’ segment grew 3% and stood at INR 51,280 million net of duties and taxes (previous year INR 49,660 million). The ‘Prestige and Above’ segment represented 63% of total net sales and 47% of total sale volume during the current year.

8. Details of subsidiary companies, Joint Ventures and Associate companies and their Financial position

Your Company currently has 18 subsidiary companies, the entire stake of the company in one of the subsidiary, viz., United Spirits Nepal Private Limited was sold during the Financial Year 2017-18. The information required under the first proviso to section 129(3) of the Companies Act, 2013 is given in form AOC- 1 in Annexure - 1. The Company’s policy for determining material subsidiaries is available at Company’s website www.diageoindia.com.

Performance of Associates, Subsidiaries and Joint Ventures and their contribution to overall performance of the Company is covered as part of the Consolidated Financial statements and in form AOC-1 in Annexure - 1, annexed and forming part of this Annual Report.

9. prospects/outlook

The details about prospects/outlook of your Company are provided under the Management Discussion and Analysis Report forming part of this Annual Report.

10. Depository system

The trading in the equity shares of your Company is under compulsory dematerialisation mode. As on March 31, 2018, equity shares representing 99.02% of the equity share capital are in dematerialised form. As the depository system offers numerous advantages, members are requested to take advantage of the same and avail the facility of dematerialisation of the Company’s shares. Moreover transfer of shares of the company will be allowed only if they are in dematerialization mode with effect from December 5th, 2018 as per SEBI’s Notification dated 8th June, 2018.

11. Board Meetings, Board of Directors, Key Managerial Personnel & committees of Directors.

11.1 A. Appointment, change in designation and resignation

Details on appointments, changes in designation, resignation of Directors, key managerial personnel, and Committees of Directors as well as on Board and Committee meetings of your Company and the matters required to be specified pursuant to sections 134, 177 and 178 of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI (LODR) Regulations) are provided in the Corporate Governance Report that is annexed to and form part of this Annual Report.

B. Re-appointment

As per the provisions of the Companies Act, 2013, Mr John Thomas Kennedy retires by rotation at the ensuing Annual General Meeting (AGM) and being eligible, offered himself for re-appointment.

Members may please note that Mr John Thomas Kennedy, who is a nominee of Relay B V, was appointed as a Director at the 18th Annual General Meeting (AGM).

A brief profile of Mr John Thomas Kennedy is provided as an Annexure to the Notice convening 19th AGM.

C. independent Directors and Nominee Directors

Your Company did not appoint any new Independent Director or Nominee Director in the Financial Year 2017-2018. Criteria for selection of Independent Directors include skills, expertise of the Director, qualifications, experience and domain knowledge.

D. Executive Director

Your company appointed Mr Sanjeev Churiwala as the Executive Director and Chief Financial Officer of the Company with effect from April 1, 2017.

E. Number of Meetings of the Board

The details of the Board Meetings and other Committee Meetings held during the financial Year 2017-18 are stated in the Corporate Governance Report which forms part of this Annual Report.

F. Board committees

The Company has setup the following committees of the Board:

Audit and Risk Management Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee and General Committee and Corporate Social Responsibility Committee.

The composition of each of the above Committees, their respective roles and responsibilities are provided in the Corporate Governance Report which forms part of this Annual Report.

G. Recommendations of the Audit and Risk Management committee

All the recommendations of the audit and Risk Management Committee were accepted by the Board.

H. Details of remuneration to Directors

As required under Section 197(12) of the Companies Act, 2013 information relating to remuneration paid to Directors during the financial year 2017-18 is provided in the Corporate Governance Report and in form MGT 9, that is annexed to and forming part of this Annual Report as Annexure-4.

As stated in the Corporate Governance Report, sitting fees are paid to Non-Executive Directors for attending Board/Committee meetings. They are also entitled to reimbursement of actual travel expenses, boarding and lodging, conveyance and incidental expenses incurred in attending such meetings in accordance with the travel policy for Directors. In addition, the Non-Executive Directors are also eligible for commission every year as recommended by the Nomination and Remuneration Committee and approved by the Board within the overall limit of 1% of the net profits of the Company calculated in accordance with Section 198 of the Companies Act, 2013 as approved by the shareholders at the AGM held on September 30, 2014. Criteria for payment of remuneration to Non- Executive Directors is as below:

1. Membership of Committees

2. Chairmanship of the Committees/Board

3. Benchmarking with other companies

The Company has paid commission of INR 20.2 million for the Financial Year 2017-18 to the Non Executive Directors pursuant to the provisions of the Companies Act, 2013.

The criteria for payment of remuneration to executive directors is determined by the Nomination and Remuneration Committee which includes performance criteria.

i. Board Evaluation Criteria

Pursuant to the provisions of the Companies Act, 2013 and Regulation 17 of the SEBI (LODR) Regulations, the Board has carried out an annual performance evaluation of its own performance, the Directors individually as well as the Board Committees. The evaluation process considered the effectiveness of the Board and the committees with special emphasis on the performance and functioning of the Board and the Committees. The evaluation of the Directors was based on the time spent by each of the Board Members, their core competencies, expertise and contribution to the effectiveness and functioning of the Board and its Committees which was carried out through a peer feedback mechanism.

J. Vigil Mechanism

Your Company has a well-established vigil mechanism named as ‘SpeakUp’ in place, which is overseen by the compliance & ethics team. ‘SpeakUp’ is a confidential service available to employees to make a report of any breach of the code, policies or applicable laws. ‘SpeakUp’ is managed by an external agency with staff who are trained to deal with the calls and translators who are immediately available to assist if required. Access to the Chairman of the Audit Committee is provided in appropriate/exceptional cases, as required under the Companies Act, 2013 and the SEBI (LODR) Regulations. All complaints are investigated by the compliance and ethics team and appropriate action taken in accordance with your Company’s policies.

K. Related party Transactions

The Company’s policy on dealing with related party transactions was adopted by the Board on June 15, 2015.

This policy has been amended from time to time and is available on the Company’s website www.diageoindia. com.

All related party transactions that were entered into during the financial year, were at arm’s length basis and were in the ordinary course of business. There are no materially significant related party transactions made by the Company with promoters, directors, key managerial personnel or other designated persons which may have a conflict of interest with the Company at large.

The details of related party transactions required under section 134(3)(h) of the Companies Act, 2013 read with Rule 8 of the Companies (Accounts) Rules, 2014 is given in form AOC-2 and the same is enclosed as Annexure - 2.

L. Meeting amongst independent Directors

The Independent Directors met amongst themselves without the presence of any other persons on May 30, 2017 and July 23, 2017 respectively.

12. Auditors Financial Audit

M/s. Price Waterhouse & Co. Chartered Accountants LLP (FRN 304026E / E-300009) Statutory Auditors of your Company, were appointed as Auditors of your Company from the conclusion of the 17th AGM for a period of 5 years. Since the appointment is not subject to ratification of the appointment by the members at every AGM, no resolution is proposed at this AGM pursuant to the provisions of Companies (Amendment) Act, 2017.

Secretarial Audit

Pursuant to the provisions of Section 204 of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, a Secretarial Audit has been carried out by Mr Sudhir V Hulyalkar, Practicing Company Secretary (FCS: 6137), and his report is annexed as Annexure - 3.

13. Listing of shares of the company

The equity shares of your Company continue to be listed with the BSE Limited (BSE) and National Stock Exchange of India Limited (NSE). No Listing fees are due as on date.

14. Corporate Governance

A Corporate Governance Report is annexed separately as part of this report.

15. Management Discussion and Analysis Report

The Management Discussion and Analysis Report is annexed separately as part of this report.

16. Fixed Deposits

As reported in the previous year’s annual report, your Company discontinued accepting fixed deposits from the public and shareholders effective January 1, 2014. In addition, pursuant to section 74(1)(b) of the Companies Act, 2013 the Board of Directors at their meeting held on August 1, 2014 decided to repay all fixed deposits maturing on or after March 31, 2015 by March 31, 2015 by paying additional interest of 1% per annum on those fixed deposits before the maturity date pursuant to the contract entered into with the Fixed Deposit holders. Fixed Deposits from the public and shareholders which remained unclaimed and for which no discharge certificates were received from the depositors as on March 31, 2018 stood at Rs.80,36,000. This amount was transferred into a separate non-interest bearing escrow account opened specifically for the purpose of re-payment, has been re-paid consistent with the provisions of the Companies Act, 2013 and the rules made thereunder. Of this amount, a sum of Rs.7,81,000 (as of June 30, 2018) has since been paid as per instructions received after the year end. The balance unclaimed fixed deposits continue to remain in the escrow account as on 30th June, 2018.

17. Extract of Annual Return

The extract of the Annual Return in Form MGT-9 is annexed as Annexure - 4.

18. Transfer to investor education and protection fund (iepf)

The details of unclaimed/unpaid Dividends and Fixed Deposits which have not been transferred to the IEPF account as the period of seven years have not been completed is given below pursuant to the provisions of the Companies Act, 2013 and the applicable Rules there under.

Dividend:

Financial Year

No. of Members who have not claimed their dividend

Unclaimed dividend as on March 31, 2018 (Amount in INR)

Unclaimed dividend as % to total dividend

Date of declaration

Last date for claiming the dividend prior to its transfer to

iepf

2010-11

14,336

2,818,290.41

0.86

29-Sep-2011

4-Dec-2018

2011-12

16,331

3,102,085

0.95

25-Sep-2012

30-Nov-2019

2012-13

10,301

2,009,965

0.55

24-Sep-2013

29-Nov-2020

2013-14

Not applicable

Not applicable as no dividend was declared for the year 2013-14.

Not

applicable

2014-15

Not applicable

Not applicable as no dividend was declared for the year 2014-15.

Not

applicable

2015-16

Not applicable

Not applicable as no dividend was declared for the year 2015-16.

Not

applicable

2016-17

Not applicable

Not applicable as no dividend was declared for the year 2016-17.

Not

applicable

The number of Unclaimed equity shares transferred during the year ended 31st March, 2018 to Investor Education and Protection Fund pursuant to section 124(6) of the Companies Act, 2013 is 565,206.

Fixed Deposits:

1.

Accepted during the year

NIL

2.

Remained unpaid or unclaimed as at the end of the year

YEAR

AMOUNT in ‘

2017-18

Not Applicable

2016-17

Not Applicable

2015-16

Not Applicable

2014-15

1,558,934

2013-14

2,376,745

2012-13

3,003,196

2011-12

459,892

3.

Whether there has been any default in repayment of deposits or payment of interest thereon during the year and if so, number of such cases and the total amount involved

NIL

4.

The Details of deposits which are not in compliance with the requirements of Chapter V of the Companies Act, 2013

Not Applicable

Necessary compliance under Rule 3 of the Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with companies) Rules, 2012, has been ensured.

19. Human Resources

Employee relations remained cordial at all the locations of the Company. Particulars of employees drawing an aggregate remuneration of Rs.1,02,00,000/- or above per annum or Rs.850,000/- or above per month, as well as additional information on employee remuneration as required under the provisions of rule 5(1), 5(2) and 5(3) of the Companies (Appointment and Remuneration of Managerial personnel) Rules, 2014 is annexed as part of this report in Annexure - 5 hereto.

20. Employees stock option scheme

Your Company has not offered any stock options to its employees during the year 2017-18.

21. particulars of Loans, Guarantees and investments

Loans, guarantees and investments covered under Section 186 of the Companies Act, 2013 are detailed in Notes to the financial statements, which are as follows:

Note 6 is relating to investments, Note 4 is relating to loans given and Note 36 is relating to guarantee given as per the standalone financial statements for the year ended March 31, 2018 include these disclosures.

22. Risk Management

Details on Risk Management are annexed as part of this report in Annexure - 6 hereto.

23. Internal Financial controls

The Board after considering the materials placed before it, reviewed the confirmation received from external parties and reviewing the effectiveness of the policies and procedures adopted by the Company for ensuring orderly and efficient conduct of its business, including adherence to Company’s policy, safeguarding its assets, prevention and detection of frauds and errors and completeness of accounting records and timely preparation of financial statements, the Board has satisfied itself that the Company has laid down internal financial controls which are commensurate with size of the company and that such internal financial controls are broadly adequate and are operating effectively. The certification by the auditors on internal financial control forms part of the audit report. A statement to this effect is also appearing in the Directors’ Responsibility Statement.

24. Corporate social Responsibility

Information on the composition of the Corporate Social Responsibility (CSR) Committee is provided in the Corporate Governance Report that forms part of this Annual Report. Furthermore, as required by section 135 of the Companies Act, 2013 and the rules made thereunder, additional information on the policy and implementation of CSR activities by your Company during the year are provided in Annexure - 7 to this report. Business Responsibility Report under Regulation 34(2) (f) of the SEBI (LODR) Regulations has been enclosed as Annexure - 9 and also uploaded on to the Company’s website www.diageoindia.com

25. Conservation of energy, Technology Absorption, Foreign Exchange Earnings and outgo

The particulars prescribed under section 134(3)(m) of the Companies Act, 2013 read with Rule 8 of the Companies (Accounts) Rules, 2014, are set out in Annexure - 8 to this report.

26. Details of significant and Material orders passed by the Regulators or courts impacting the Going concern status and company’s operations in Future

The Company has not received any significant or material order passed by regulators or courts impacting the Company’s going concern status or the Company’s operations in future pursuant to Rule 8(5)(vii) of Companies (Accounts) Rules, 2014. The Management Discussion and Analysis Report read with the report on Risk Management contains impact on the business due to regulatory changes.

27. Disclosure as required Under section 22 of sexual Harassment of Women at Workplace (prevention, prohibition and Redressal) Act, 2013

The Company has implemented a prevention of sexual harassment policy in line with the requirements of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (SHWWA). An Internal Complaints Committee (ICC) has been set up to redress complaints received regarding sexual harassment and on-going training is provided to employees as required by the SHWWA. During the financial year 2017-18 two complaints were received and resolved.

28. Highlights of performance of subsidiaries, associates and joint venture companies of the company

The highlights of performance of subsidiaries, associates and joint venture companies of the Company and their contribution to the overall performance of the Company is covered as part of the Consolidated Financial Statement and form AOC-1 annexed as part of this report. Out of 18 subsidiary/ associate companies, 15 are inoperative companies.

29. Directors’ Responsibility statement

Pursuant to section 134 (5) of the Companies Act, 2013 in relation to financial statements (together with the notes to such financial statements) for the year 2017-18, the Board of Directors report that:

(i) in the preparation of the annual accounts, the applicable accounting standards have been followed along with proper explanation relating to material departures;

(ii) the Directors have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the profit/ loss of the Company for that period;

(iii) the Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

(iv) the Directors have prepared the financial statements on a going concern basis;

(v) the Directors have laid down internal financial controls to be followed by the Company commensurate with the size and nature of its business and the complexity of its operations and that such internal financial controls are adequate and are operating effectively.

(vi) the Company has a system of getting reports of compliance periodically from the units and has substantially implemented a process having comprehensive systems to ensure compliance with the provisions of all applicable laws and is operating effectively.

Your Directors place on record their sincere appreciation for the continued support from the shareholders, customers, suppliers, government, banks and financial institutions and other business associates.

A particular note of thanks to all employees of your Company, without whose contribution, your Company could not have achieved the year’s performance.

By Authority of the Board

Anand Kripalu Mahendra Kumar sharma

MD & CEO Chairman

Edinburgh, Scotland July 23, 2018

NSE Prices delayed by 15 minutes... << Prices as on May 24, 2019 >>      ABB India 1496.95 [ 4.12% ]    ACC 1704.9 [ 3.97% ]    Ambuja Cements Ltd. 231.65 [ 4.09% ]    Asian Paints Ltd. 1384.5 [ 1.22% ]    Axis Bank Ltd. 793.2 [ 2.16% ]    Bajaj Auto Ltd. 3077.9 [ 0.42% ]    Bank of Baroda 137.35 [ 7.68% ]    Bharti Airtel 353.2 [ 4.25% ]    Bharat Heavy Ele 69 [ 3.68% ]    Bharat Petroleum 395.45 [ 2.89% ]    Britannia Ind. 2851.05 [ 0.44% ]    Cairn India Ltd. 285.35 [ 0.81% ]    Cipla 570.6 [ 1.04% ]    Coal India 244.9 [ 0.31% ]    Colgate Palm. 1161.6 [ 0.72% ]    Dabur India 399.05 [ 3.53% ]    DLF Ltd. 191.65 [ 6.06% ]    Dr. Reddy's Labs 2663.9 [ 1.01% ]    GAIL (India) Ltd. 341.65 [ 1.09% ]    Grasim Inds. 910.05 [ 2.65% ]    HCL Technologies 1065.95 [ -0.04% ]    HDFC 2123.4 [ 0.43% ]    HDFC Bank 2373.35 [ 1.77% ]    Hero MotoCorp 2828.45 [ 3.10% ]    Hindustan Unilever L 1749.6 [ -0.24% ]    Hindalco Indus. 195.8 [ 2.11% ]    ICICI Bank 431.75 [ 5.09% ]    IDFC L 38.55 [ 7.23% ]    Indian Hotels Co 151.5 [ 2.09% ]    IndusInd Bank 1648.9 [ 3.14% ]    Infosys 709.2 [ 1.16% ]    ITC Ltd. 290.45 [ 0.78% ]    Jindal St & Pwr 160.95 [ 5.85% ]    Kotak Mahindra Bank 1511.7 [ 0.80% ]    L&T 1544.15 [ 4.61% ]    Lupin Ltd. 763.3 [ 1.78% ]    Mahi. & Mahi 665.45 [ 4.06% ]    Maruti Suzuki India 7093.15 [ 2.37% ]    MTNL 9 [ 4.05% ]    Nestle India 10660.05 [ -1.27% ]    NIIT Ltd. 102.2 [ 2.25% ]    NMDC Ltd. 97.8 [ 1.61% ]    NTPC 129.15 [ -0.54% ]    ONGC 174.4 [ 0.14% ]    Punj. NationlBak 88.2 [ 5.38% ]    Power Grid Corpo 185.65 [ 0.54% ]    Reliance Inds. 1336.85 [ 0.22% ]    SBI 355.35 [ 3.84% ]    Vedanta 163.9 [ 4.16% ]    Shipping Corpn. 33.2 [ 7.10% ]    Sun Pharma. 415.75 [ 0.68% ]    Tata Chemicals 628.35 [ 1.95% ]    Tata Global Beverage 234.9 [ 2.00% ]    Tata Motors Ltd. 182.3 [ 4.08% ]    Tata Steel 484.15 [ 4.19% ]    Tata Power Co. 67.7 [ 4.80% ]    Tata Consultancy 2048 [ -0.29% ]    Tech Mahindra Ltd. 735.85 [ -1.00% ]    UltraTech Cement 4800.1 [ 2.48% ]    United Spirits 547.95 [ 2.57% ]    Wipro Ltd 282.9 [ 0.25% ]    Zee Entertainment En 376.85 [ 4.55% ]