It gives me great pleasure to welcome you to the 11th Annual General Meeting of your
Company and share with you the progress your Company has made, despite the several
challenges posed by the National & global economy.
While the economic climate throughout the industry has remained challenging during the
2 years gone by, the period including the Fiscal Years 2019-20 and 2020-21 was a period of
steady revival and consolidation for us. During this period we faced major reforms like
demonetization, shifting and setting up our new manufacturing unit, e-Marketplace and
implementation of GST. However, learning from every situation and moving forward, we have
kept up the developments in our projects and also tried to evolve with the changing
market.
Looking Ahead
As we step into new fiscal, with the powerful reforms mentioned above and a diverse
customer base across geographies, coupled with the learning‘s of the last year, I am
sure that your Company will continue to consolidate and grow in the years to come. This is
very evident from orders bagged from various high value customers and new projects being
developed as per market requirements. The Company has taken up several initiatives to
embrace growth by aggressive business strategies and new business models.
Concluding Note
I am confident that Tembo Global Industries Ltd, with its committed associates,
excellent customers, wide product range and strong and stable management team will
continue to deliver significant value to all its stakeholders in the years to come and
will achieve every milestone in the journey to success.
I would like to thank all our shareholders, investors, employees, customers and all
other stakeholders, who have always stood by us. With our focused business strategy,
dynamic management team and a pool of professional talent, we are poised for growth.
I look forward to your continued support in the coming years to take this Company to
the next level of growth and a Leader in Electronic Weighing Scales and Systems in India.
Yours Sincerely,
Sd/- Sanjay Patel,
Chairman & Managing Director