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AGC Networks Ltd.

BSE: 500463 Sector: Telecom
NSE: AGCNET ISIN Code: INE676A01019
BSE 13:04 | 26 Apr 126.70 11.50
(9.98%)
OPEN

120.00

HIGH

126.70

LOW

120.00

NSE 13:18 | 26 Apr 128.70 11.70
(10.00%)
OPEN

118.95

HIGH

128.70

LOW

118.95

OPEN 120.00
PREVIOUS CLOSE 115.20
VOLUME 100959
52-Week high 170.70
52-Week low 96.00
P/E 106.47
Mkt Cap.(Rs cr) 361
Buy Price 126.70
Buy Qty 6931.00
Sell Price 0.00
Sell Qty 0.00
OPEN 120.00
CLOSE 115.20
VOLUME 100959
52-Week high 170.70
52-Week low 96.00
P/E 106.47
Mkt Cap.(Rs cr) 361
Buy Price 126.70
Buy Qty 6931.00
Sell Price 0.00
Sell Qty 0.00

AGC Networks Ltd. (AGCNET) - Chairman Speech

Company chairman speech

Dear Shareholders

Given the inherent nature of the marketplace dynamics existing in most of thegeographies that AGC operates in we believe that FY 16-17 has been a year ofstabilization at AGC Networks. This can be attributed to the agility and adaptive natureof your Company across each of the markets that we operate in thus making us resilient.The transformation from the comfort zone of being a leading Solution Integrator in theUnified Communication quadrant to successfully securing the customer's cyber space acrossnewer verticals and theatres or delivering evolved digital transformation led solutionsare all just the beginning. CYBER-i the Cyber Security division of your Companythrough key partnerships and skill sets created continues to be the Managed SecurityServices Provider (MSSP) to key customers across vertical and geographies and deliversAdvisory services in the areas of Compliance and VAPT raising the level of customerconfidence in your Company. The Global Security Operations Center (GSoC) of theCompany is one of the top SOCs in South Asia. Transparency as a key prerequisite and aclear focus on improving customer efficiency and optimizing costs have led your Company tomanage its working capital better thereby delivering the customer's technology landscapeand ensure efficient Returns to all stakeholders. This combined with the right attitudeand right people has geared your Company to deliver in the global marketplace withrenewed confidence. The effects of this transformation under the experienced leadershipteam in each practice and geography is aimed at one objective – that of increasingvalue for stakeholders in a consistent and sustainable manner in the years to come.

Thank you shareholders for your continuing support.

With Best Wishes

Sujay R. Sheth