Warm Greetings to you all. It gives me immense pleasure in sharing your Company'soutstanding performance in all spheres of business.
This was another year of exciting innovations further improvement in execution andsustained focus on operational efficiencies. Your company continues its relentless effortsin developing world class facilities and processes to manufacture specialty and finechemicals and in this pursuit during the year your Company has planned to set up a plantto manufacture Acetonitrile which will be commissioned by end of Aug-Sep 2016.
In line with your Company's underlying objective and quest for a pan 360 operationallyefficient model we are continuing our efforts on an ongoing basis in integrating variousplants Installing higher capacities as well as undertaking regular technology upgrades atplants which has paid rich dividends in better capacity utilization and resulted in valueaddition across all the products and has lead to better realization.
Your company has continued to increase Exports engagement with International Customerswith good growth prospects which we hope will reflect in higher exports over the longterm.
With above background and considering the way ahead I am confident that your companywill continue its robust growth path in the coming years. I take this opportunity to thankall our shareholders customers Banks Government of India Government of MaharashtraGovernment of Telangana suppliers partners employees and all other stakeholders fortheir unstinted and continued support and look forward to the same at all times in thefuture.
With Best Wishes
A. Prathap Reddy
Chairman & Managing Director.