Dear Members,
It gives me immense pleasure to present you the Annual Report for 2023-24. To begin
with, hope every one of you and your family is well and healthy.
The Company holds a decent market share amongst the embroidery yarn, dyed yarn. In
addition to this, the company has started sell of petro-chemical products which includes
yellow oil, white oil, base oil, palm oil etc. Few petro chemical products used in
adhesive industries.
I appreciate the confidence and faith reposed by the shareholders in the Board and the
Management team which has, in my view, geared up to take on more challenges. I can say
with confidence the Company will improve its performance further in the coming years as
the company may export few chemicals to its overseas customers and ventured into packaging
by importing aluminium foil and other packaging products. This is however only possible
through tireless efforts; dedication and commitment of our team who have helped us reach
where we are now and look forward to their continued commitment in the journey forward.
Success is working together and not a destination; it is with this hope and faith I
look forward to your continuous confidence in your Company embarking on the next phase of
its growth journey.
Before I conclude, I wish to thank all my fellow Board members, management team,
employees, customers, suppliers, Bankers, regulatory authorities and our shareholders for
their unflinching guidance and continued support throughout the year.
| Sd/- |
| Mr. Anand Bakshi |
| (Chairman) |