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BSE Code : 500059 | NSE Symbol : BINANIIND | ISIN : INE071A01013 | Industry : Miscellaneous |

Chairman's Speech

BINANI INDUSTRIES LIMITED Shri Ghanshyaindas Binani (3rd May 1932 - 30th Sept 1998) Chairnan, Binani Indstries Limited (1965- 1998) A Tribute September 30th, 1998, was a dark day at Binani and for the entire Metal Industry, as Shri Ghanshymdas Binani, Chairman of Binani Industries Limited breathed his last in London. Sadness and sorrow descended as the news of Shri Ghanshyaindasji's passing away spread. Born on May 3d, 1932, Shri Ghanshyaindas Binani, the only son of Founder- Chairman, Late Shri Govardhandas Binani, hailed from the illustrious Binani family of Rajasthan and was associated with Non-ferrous metal industry for over three generations. Since his teens, Shri Ghanshyaindasji, actively engaged himself in the business activities with his father, while his education at Calcutta simultaneously continued. He was blessed with a natural inheritance of profound vision and business acumen. According to an ancient Chinese proverb, 'A journey of a thousand miles must begin with a single step'. Shri Ghanshymdas Binani with his father took the first tentative step in the Zinc business in the early sixties. From here began a journey, studded with milestones of unparalleled achievements. With the sudden demise of his father, at an early age, he had to shoulder the huge responsibilities of leading the Binani Companies in India and abroad. He became a legend in his own right by setting up the first Electrolytic Zinc Smelter at Kerala and registering a host of firsts and notching up enviable records. Shri Ghanshyamdas Binani, has been the Chairman of the company ever since 1965. With his progressive approach, hardwork and meticulous planning the company diversified into the core sectors - Glass Fibre and Cement. He also expanded activities of the Binani International Division in U. K., by acquiring the Kawambwa Tea Estates, Luanshya & Baluba Mines and Precious Metals in Zambia, with the active participation of his sons Shri Gokul Binani and Shri Braj Binani. He was a symbol of humanity with a pure soul. His philanthropic deeds are well reflected with his heartfelt concern for the less fortunate. He could not see anyone suffering. His heart was magnanimous and warmth incomparable. He will be remembered as a patriarch - the guiding spirit and over and above all a perfect leader. Ghanshyamdasji lives for ever.........

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