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companylogoGloster Ltd

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BSE Code : 542351 | NSE Symbol : GLOSTERLTD | ISIN : INE350Z01018 | Industry : Textiles - Jute - Yarn / Products |


Chairman's Speech

Dear fellow shareholders,

It is with great pride and optimism that I address you today, at a pivotal time in our company's journey. Gloster stands at the confluence of rich legacy and exciting transformation — and I'm honoured to share this moment of reflection and forward momentum with all of you.

Over the decades, we have stood as a beacon in the jute industry, earning the trust of global markets by staying true to our core values — quality, sustainability, and innovation. Our success, however, has never been by chance. It has been shaped by generations of commitment, the hard work of our people, and a deep-rooted belief in the future of the Golden Fibre.

Fresh Leadership

With the induction of fresh management talent, we are infusing new energy, contemporary thinking and a renewed sense of purpose into our operations. These young and dynamic leaders join a legacy of strong governance and experienced oversight — a balance that will be key as we script the next phase of growth. It's a step forward, driven by purpose, powered by people, and committed to building a better, more sustainable tomorrow.

The mandate is clear: to uphold our legacy while driving us toward modernization, efficiency, and global competitiveness. With digital tools, data-driven strategies, and a sharp customer focus, I believe we will navigate the evolving market dynamics with agility and purpose.

A Sustainable Vision

We operate in a world that is increasingly demanding environmentally responsible practices — and rightly so. Jute, by its very nature, offers sustainable alternatives to synthetic materials. It is our responsibility, and indeed our opportunity, to champion this fibre as a future-ready solution for global environmental challenges.

From eco-smart packaging to advanced geo-textiles, we are pushing the boundaries. Our R&D and innovation teams continue to explore new applications that add value — both economically and ecologically — to our offerings.

People First, Always

At the heart of everything we do are our people. From the boardroom to the shopfloor, every individual is part of the Gloster story. Our focus remains on creating a safe, inclusive and empowering workplace that nurtures talent and rewards commitment.

We are also expanding our CSR efforts to ensure that our growth is matched by our contribution to the communities around us. Education, health, and livelihood enhancement — especially in rural areas — remain our priorities.

Looking Ahead

As we step into the future, we do so with humility for how far we've come and ambition for what lies ahead. The jute industry is poised for resurgence, and Gloster is ready to lead from the front. By combining tradition with transformation, purpose with profit, and innovation with integrity, we will continue to elevate the Golden Fibre to new heights on the global stage.

In closing, I extend my deepest gratitude to our shareholders, partners, employees, and customers. Your trust, support, and belief in our vision are the pillars on which our future will be built.

Let us move forward — in the renewed era of purpose-driven growth, embracing change, and creating value for all stakeholders.

Thank you.

Shri Hemant Bangur,

Executive Chairman,

Gloster Limited

   

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