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एस वी पी ग्लोबल

बीएसई: 505590  |  NSE: N.A  |  ISIN: INE308E01011  |  Finance - Investments

खोजें एस वी पी ग्लोबल कनेक्शन
अध्यक्षीय भाषण साल : Mar '16

Dear Members,

I am glad to welcome you to the 34th Annual General Meeting of the Company. Your continued trust, encouragement and support is what gives us energy, enthusiasm, confidence and motivation to strive for betterment.

This year your Company''s Consolidated Sales Turnover reached to Rs.1784 Crores.

During the year your Company took over another Company M/s Citron Infraprojects Limited at a book value of 103 Crores and acquired its entire I textile business.

I am pleased to inform, Shrivallabh Pittie Industries Limited, one of the units of SVP Global Ventures Limited inaugurated its manufacturing facility of 100000 spindles of compact cotton yarn in Jhalawar, Rajasthan with capital outlay of Rs. 450 crores with the hands of the Honorable Chief Minister of the State, Mrs. Vasundhara Raje and started production over there. The plant is regarded as the fastest constructed plant in Asia.

Your company is also implementing another manufacturing facility of 50000 spindles compact cotton yarn and 2400 rotors at Jhalawar Rajasthan.

For 2016-17, your Company is expected to further improve its performance as a result of the capacity addition.

On behalf of the Board and Management team, we wish to thank you for your trust and faith in us. We will continue to build the company and deliver superior returns to our investors. We also thank our customers, vendors, bankers and employees without whom this would not have been possible.

Sd/-

Chirag Pittie

Managing Director

DIN:00117368

स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

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