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AcroPetal Technologies Ltd.

BSE: 533330 Sector: IT
NSE: ACROPETAL ISIN Code: INE055L01013
BSE LIVE 15:25 | 02 May Stock Is Not Traded.
NSE 13:41 | 31 Aug Stock Is Not Traded.
OPEN 1.68
PREVIOUS CLOSE 1.75
VOLUME 12121
52-Week high 1.86
52-Week low 1.32
P/E
Mkt Cap.(Rs cr) 6
Buy Price 0.00
Buy Qty 0.00
Sell Price 1.67
Sell Qty 1700.00
OPEN 1.68
CLOSE 1.75
VOLUME 12121
52-Week high 1.86
52-Week low 1.32
P/E
Mkt Cap.(Rs cr) 6
Buy Price 0.00
Buy Qty 0.00
Sell Price 1.67
Sell Qty 1700.00

AcroPetal Technologies Ltd. (ACROPETAL) - Chairman Speech

Company chairman speech

Letter to the Shareholders

Dear Shareholders

It is the testing time for the company that the company has been undergoing lots ofturmoil during the past few years. It has lost several employees businesses andreputation amongst the lenders vendors and clients. Though the company was in theterrible vortex of cyclone the company could manage to survive because of its inherentstrength it has. No need to mention that this strength is reinforced with the confidenceyou have in the company and the employees who have been with us even the difficult times.Hard times will always reveal true friends and I am happy to have such a wider network ofgood people which gives immense strength for me to tide over this aberration.

We decided to have 2015 a year of resolution. Accordingly we are in path of resolvingthe issues and we have sizeably resolved many issues. We hope even the remaining issueswill also be resolved in ensuing year. We have re-engineered our business and retained theclients where the profits are move and scope to increase the business with them. This hascertainly improved our cash profit during the year with which we could clear some of thestatutory dues.

After stabilizing and streamlining the present business activities the company willeye on increasing the volume of business with the existing clients. These clients knew ourcapabilities in the good timesthey are confident that we would come back again and extendtheir support. The present Software/ITES market is very conducive particularly in Indiathe opportunities are ample due change in the climate in India. We would like to utilizethis opportunity to come back but at the same time we would like to do this in stagesstabilizing at each level.

I would like to place on record my heartiest gratitude to our customers stakeholdersFinancial Institutions and more importantly to our employees who have been the backbone ofour growth and I hope that the support and confidence will continue as we grow.

Warm Regards

Ravi Kumar D

Chairman and Managing Director