Sumit Woods Ltd

We extend a warm welcome to each one of you to our 27th Annual General Meeting of Sumit Woods Limited. We hope this message finds you and your families in good health and high spirits. As we gather here today, we reflect on the extraordinary times we have navigated together, embracing a new normal of remote work, virtual meetings, and the reliance on technology to overcome challenges and adapt to changing circumstances.

Amidst these trials, We are pleased to announce that Sumit Group has concluded the year on a positive note, witnessing a strong revival of our business. This achievement is even more remarkable considering the global economic uncertainties. We are proud to be part of India's growth journey and we witness India's bright spot in the global economy.

Throughout the journey, Sumit Group has stood strong, building a reputation based on financial strength, agility to seize market opportunities, and a track record of delivering positive results for our clients. Our commitment to effective problem-solving, combined with the prudent application of real estate principles, has earned us the title of “Development & Redevelopment Specialists.” We take immense pride in completing over 60+ projects across MMR and Goa, transforming landscapes and contributing to society's development.

Looking forward 2023, we are optimistic about the year ahead, which is expected to bring about further improvements and opportunities for growth. The residential sector, in particular, is likely to benefit significantly. We have embraced technology to digitize our processes and make data-driven decisions, leading to effective space utilization and successful workplace strategies. As India stands at a decisive point in its journey towards prosperity, the economic reforms ignited by the COVID-19 crisis hold the potential to propel the nation onto a high-growth trajectory, generating gainful employment for millions by 2030.

>At Sumit Group, our commitment to society goes beyond developing new /freehold projects; it extends to undertaking redevelopment projects that not only transform city landscapes but also provide better living spaces for the underprivileged sections of our society. We believe in giving back and contributing to the greater welfare of our communities.

BUILDERS & DEVELOPERS

As we move forward, Sumit Group remains committed to prioritizing our customers' needs and interests. Our long-term growth strategy revolves around a fundamental principle: putting the customer first. We are resolute in our focus on creating value for all stakeholders, be it our dedicated employees, loyal customers, or the environment we operate in Sustainability and responsible practices are integral to our mission.

We take this opportunity to express our heartfelt gratitude to all our customers, stakeholders, and partners for their unwavering trust and support. Your faith in us motivates us to continually strive for excellence and deliver beyond expectations.

Lastly, we also want to extend our heartfelt appreciation to each and every employee of Sumit Group. You are the foundation of our success, embodying our core values with unwavering commitment and dedication. Your hard work and resilience are instrumental in making our vision a reality.

With your support and the collective efforts of our entire Sumit family, We are confident that we will continue to prosper and grow, leaving a lasting impact on the real estate industry and the communities we serve.

Thank you. Let us together embrace the future with optimism and enthusiasm.

Best Wishes,