At the outset I wish to thank all the stakeholders of the company for the continuoussupport extended and also for placing your faith and trust in the company. Due to theconfidence reposed in the management of the company the directors have always beenstriving to put in their best abilities and steer the company through better decisions.The Board subsequent to constructive deliberation on the proposal of restructuring thecapital of the company has approved for a scheme of reduction of capital which shall beplaced before the members in the forthcoming Annual General Meeting for their review andassent. I wish to assure all the stakeholders that your company has always laid emphasison honouring its statutory obligations and has followed all procedures both statutory andmandatory in nature.
The Board of your company looks forward for your support in the coming years too.
With warm regards & best wishes