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Cerebra Integrated Technologies Ltd.

BSE: 532413 Sector: Consumer
NSE: CEREBRAINT ISIN Code: INE345B01019
BSE LIVE 15:40 | 22 Sep 41.95 -1.80
(-4.11%)
OPEN

43.50

HIGH

43.60

LOW

41.45

NSE 15:40 | 22 Sep 41.95 -1.85
(-4.22%)
OPEN

44.50

HIGH

44.50

LOW

41.50

OPEN 43.50
PREVIOUS CLOSE 43.75
VOLUME 69322
52-Week high 61.25
52-Week low 13.00
P/E 262.19
Mkt Cap.(Rs cr) 505
Buy Price 0.00
Buy Qty 0.00
Sell Price 41.95
Sell Qty 38.00
OPEN 43.50
CLOSE 43.75
VOLUME 69322
52-Week high 61.25
52-Week low 13.00
P/E 262.19
Mkt Cap.(Rs cr) 505
Buy Price 0.00
Buy Qty 0.00
Sell Price 41.95
Sell Qty 38.00

Cerebra Integrated Technologies Ltd. (CEREBRAINT) - Chairman Speech

Company chairman speech

Dear Stakeholder

Greetings from Team Cerebra

I am very happy to get another opportunity to address all of you this year. YourCompany has consolidated its position from that in the previous year and and is growingrapidly. The new gleaming E waste plant is up and running. It is long cherished dreamwhich came true this year and we are sure it will become the mainstay of your Company inthe years to come. This is completely an environment friendly plant and very much neededfor the one and all. We are sure this will become the pride of Karnataka in the years tocome. A few photographs of the plant are also available for your viewing in this report.

Your Company achieved a turnover of Rs. 25197.46 Lakhs and a profit of Rs. 1124.96Lakhs for the year. Our Dubai Subsidiary is also doing very well with a market coverage ofthe entire MENA region with over 170 resellers covering the entire region. We also haveestablished a small base in Qatar and will soon be setting up an office in Saudi Arabia.Mr. Asit Ahuja CEO for the region has explained in greater detail in this report.

We are expanding the SMT division by adding two more lines and this expansion programmeis currently underway and should be ready by end of this year. We are adding morecustomers and the facility will be the latest in technology and will be capable ofhandling all materials and will have an inspection facility which you all can be proud of.

E waste as mentioned earlier is going to be the mainstay and my personal focus is onthis division. We have established offices and warehouses in Mumbai and also in Chennai.We have already appointed quite a lot of collection agents across the country and willvery soon have regional offices who will be working very closely with our collectionagents. We have started an aggressive media campaign and have started approaching all themajor E waste producers OEMs across the country. Cerebra has an unique advantage i.e. wehave worked with all these companies and some of them very regularly.

The hardware division is doing steady business and is on a growth path this year. Weare again looking at a nationwide presence here and have started our services divisionalso to take up AMCs which will work very cohesively with our E waste venture.

We take this opportunity to thank you all Shareholdersemployeesvendors bankersadvisors Government of Karnataka and the Government of India for their continued support.

With warm regards

V Ranganathan

Managing Director DIN: 01247305