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Chamanlal Setia Exports Ltd.

BSE: 530307 Sector: Agri and agri inputs
NSE: N.A. ISIN Code: INE419D01026
BSE LIVE 15:40 | 27 Apr 100.05 -0.30
(-0.30%)
OPEN

100.80

HIGH

100.80

LOW

100.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 100.80
PREVIOUS CLOSE 100.35
VOLUME 18742
52-Week high 123.80
52-Week low 43.73
P/E 14.09
Mkt Cap.(Rs cr) 517.76
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 100.80
CLOSE 100.35
VOLUME 18742
52-Week high 123.80
52-Week low 43.73
P/E 14.09
Mkt Cap.(Rs cr) 517.76
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Chamanlal Setia Exports Ltd. (CHAMANLALSETIA) - Chairman Speech

Company chairman speech

CHAMAN LAL SETIA EXPORTS LIMITED ANNUAL REPORT 2006-2007 CHAIRMAN'S REPORT It gives me immense pleasure to share the success of Chaman Lal Setia Exports Ltd with everyone. The year saw realisation of our true potential and optimisation of our productive capacity by achieving all time high sales of 95 crores. The Company has milling and processing capacity of more than 50000 MT of Raw and Parboiled Basmati Rice. We are in the process of further enhancing our production capacity by replacing our existing machines with state of art imported units. Essentially a water driven crop Rice is the staple diet of 60% of humans globally. India is the 20d largest producer in Rice, next to China and they jointly account for 56% of world's production. Reports suggest that export of Rice from India is expected to be of the order of 4 million Tons per year. Basmati Development Fund (BFD) created under the chairmanship of APEDA chairperson, nodal authority for Basmati rice export under ministry of commerce, is expected to create conducive environment for Indian exports growth. It has taken Shahrukh Khan (Actor) as brand Ambassador for Indian Basmati Rice promotion in Gulf & Middel East countries. An amount of about Rs.10 crore has been earmarked out of BDF funds. The decision in principle has been taken to promote Basmati in Europe too. Anticipating success in Gulf region. I see a great potential for the Rice industry and particularly for Chaman Lal Setia Exports Ltd. With these thoughts in mind we plan aggressive marketing of our premium brand, Maharani. Globally India shares the monopoly in Basmati Rice demand with Pakistan. However with the introduction of PUSA 1121 variety under Basmati Development programme, stated among the longest rice in the world, the export demand from India is expected to touch new high, esp in Iran and other parts of world. Keeping pace with the global needs and demands Chaman Lal Setia Exports Ltd is a step ahead &. has developed rice variety keeping in mind the needs of rice loving diabetic customers ' The rice suitable for Diabetic People'. Needless to say, The demand today is of quality at global standards. Nothing but the best will survive. Being an ISO 90012000 & HACCP certified Company, I can visualize tremendous growth potential of Chaman Lal Setia Exports Ltd. During the year our old customers have been supportive and their feedbacks have been the basis of our strengthening and expansion plans. With support of our employees and promoters we are moving ahead with our slogan We Care for Each Grain. CHAMAN LAL SETIA CHAIRMAN