In the past scal year, the company focused ‘ onstrategic evaluations ‘ rather
than active business operations. ‘ ‘
Dear Shareowners,
I am pleased to share with you the steps taken by your current management for the
growth of your company. Your company became a part of BN Group's portfolio in November
2022, a group having remarkable presence in the FMCG Sector and aimed to move at
implementing a comprehensive strategic framework to generate value for all stakeholders
and brings its proven expertise to further elevate the company's performance.
Business performance and Future Outlook
In the past scal year, the company focused on strategic evaluations rather than active
business operations. Your management meticulously assessed numerous opportunities within
the company, leading to the formulation of several objectives designed to optimize
productivity and operational efficiency. With these strategic enhancements, the company is
poised to undergo a transformation, positioning itself for robust growth and heightened
market demand. We look forward to the journey ahead with optimism and determination. Your
company has created numerous investing opportunities and has taken several initiatives to
create high growth business with an aspiration to be recognized internationally.
Your management is focused and dedicated to achieve objectives of sustainable and pro
table growth by bringing the business in the company, exploring market and delivering
customer delight in the year to come. I look forward to your instilling trust and
continued support in BN Holdings as we move forward, together.
| Thank you |
| Anubhav Agarwal |
| (Managing Director & CEO) |