Dear Shareholders Family,
We trust that this document finds you in the best of your health and high spirits.
I am thrilled to present to you the 39th Annual Report of our esteemed
company for the year 2023-24. Your unwavering support and steadfast belief in our
Company's mission has been instrumental in our continued success.
I would like to thank our valuable customers, suppliers and the employees of our
organization who are the pillars of our success and are the ones who brought company what
it is today. I am happy to take this opportunity to inform everyone that the company is in
the process of expanding into the next level of growth with unwavering support of all the
stakeholders.
Looking Ahead
It is a privilege to pursue our passion for creating a better world by integrating
technology, science and principles of Physics into various walks of life and business. To
achieve long-term business growth, we will invest in strengthening our competitive
advantages, be disciplined in capital allocation and stay diligent in our pursuit of
efficiencies.
Corporate governance at our core
As a responsible corporate citizen, Continental Chemicals Limited is committed for
maintaining the highest standards of good Corporate Governance in all areas of its
operation. Our team is committed to the protection of the interest of the shareholders,
creditors, investors, clients, and employees etc. Our policies consistently undergo
improvements keeping in mind our goal i.e., maximization of value of all the stakeholders.
The goal is being and will continue to be achieved through-
a. Infusion of the best expertise in the Board Members
b. Consistent monitoring and improvement of the human and physical resources
c. Board/Committee meetings at regular intervals to keep the Board informed of the
recent happenings.
Towards a sustainable, profitable future
In the future, we continue to look at technology to help us build an even more robust
business model to enable us to de-risk our business and explore newer boundaries.
It is the result of our combined efforts that have enabled us to reach the milestones
that we set for ourselves and with your support we will continue to achieve even greater
milestones. The possibilities for technology to empower sustainability and circularity are
already here and the past year has shown that when we come together for a common cause and
we can overcome pressing challenges. We firmly believe that when our employees, customers,
communities, and shareholders win, we win with them.
In conclusion, we extend our deepest gratitude to all our stakeholders, including our
esteemed shareholders, for their unwavering support. We pledge to collaborate in making a
brighter and better future together, as we continue delivering more efficient and
future-driven innovations that enhance lives, transform industries and create sustainable
value. Together, let us embark on this journey of growth and prosperity, confident in the
knowledge that our collective efforts will shape a brighter future for all. Last but not
least, on behalf of the entire Board of Directors and the management team, I would like to
thank you, the CCL family, for your continued trust, guidance and support.
Yours Sincerely |
Naresh Kumar Chibba |
DIN:00376963 |