Dear valued Shareholders,
As a Chairman of the Company, I feel privileged to present you the 29th
Annual Report of the Company for the Financial Year 2023-24.
In this Report, we intend to share with you the key highlights of your
Company's excellent performance during the reported year.
Honesty is an ideal which we shall always seek to uphold. Thus, it is
in our best interest to portray the financial status of the Company in its entirety. There
is no hiding the fact that last year was full of challenges but despite that, we managed
to progress; determined and backed by our commitment of delivering increasing value for
our stakeholders. We restructured and improved our sales and fund performance. In
addition, we also put in place policies and governance systems wherever required for a
well-run Listed Company. Those challenges also made us rethink our priorities. However,
our conviction of becoming a more robust Organization in terms of wealth creation is
something we have never deviated from. We have been progressively continuing to do so and
the same was reflected in the performance of the Company during the year.
On the concluding note, I would like to express my gratitude to all our
team members and extend my sincere gratitude to the Board for its continued guidance and
support. I also convey heartfelt appreciation for all our business partners, vendors and
other business associates who have firmly stood by your Company amidst adversity. We
deeply value the faith, guidance and support of all our shareholders and would continue to
do so as we attempt to emerge stronger from the challenges and look ahead to brighter
times.
| Warm regards, |
| Anil Thakur Chairperson |