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Delta Leasing & Finance Ltd.

BSE: 535486 Sector: Financials
NSE: N.A. ISIN Code: INE874N01013
BSE LIVE 10:21 | 12 Sep 3.24 0.15
(4.85%)
OPEN

3.24

HIGH

3.24

LOW

3.24

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 3.24
PREVIOUS CLOSE 3.09
VOLUME 10
52-Week high 4.88
52-Week low 2.31
P/E 324.00
Mkt Cap.(Rs cr) 4
Buy Price 0.00
Buy Qty 0.00
Sell Price 3.24
Sell Qty 190.00
OPEN 3.24
CLOSE 3.09
VOLUME 10
52-Week high 4.88
52-Week low 2.31
P/E 324.00
Mkt Cap.(Rs cr) 4
Buy Price 0.00
Buy Qty 0.00
Sell Price 3.24
Sell Qty 190.00

Delta Leasing & Finance Ltd. (DELTALEASING) - Chairman Speech

Company chairman speech

Dear Stakeholders

It is with great pleasure that I present to you your Company's Annual Report for FY16against the backdrop of increasing optimism within India. There is no greater motivationfor us than the confidence you continue to repose in us. I would like to reiterate that inan increasingly uncertain global economic world we never lose sight of the reason we arehere: to serve our customers work with our partners to offer best in class products helpcommunities and of course to continuously repay the trust that you our shareholdersplace in us.

While no one can predict when we will be able to revert to our earlier growth thereare signs of revival. Since the last quarter of previous financial year India has beenshowing green shots of recovery across key sectors. I believe this will continue over therest of the year. With a new government in place at the center and an assurance of stablepolicy making ahead we can expect a better economic environment ahead of us.

We inherit much more than our name. We derive strength synergies and mostimportantly the priceless asset of trust. Our canvas has expanded as we ventured intonew fields while simultaneously widening the portfolio of existing businesses.

Our core area is in Finance Leasing Hire Purchase and investments. We are doing thisby improving our internal processes strengthening our techniques and investingsignificantly in terms of training our people. We do believe that the process ofstrengthening our core area will continue well into the next financial area and perhapsthe year after as well.

"Innovation and development is not creating something new but redefining theexisting things in a modern way."

While mapping the future is an easy thing achieving that future is what differentiatesthe 'Great' and 'Good' companies. I am reminded of Henry Ford's mantra of success when hementioned "if everyone is moving forward together then success takes care ofitself."

Before I conclude on behalf of the Board of Directors of your Company I wish toconvey earnest thanks to all the Share holders for your continued support and trust in us.This motivates us to excel in all our pursuits and constant endeavour to create value foryou. I would like to thank my colleagues on the Board for their valuable guidance andcontribution in steering the Company to higher levels of achievement.

Above all I would like to place on record the commendable efforts and commitmentsshown by our most valued resource i.e. the Human Resource of the Company as our employeeshave always contributed their best for the Company to set new benchmarks.

I thank you all once again for your attention.

Regard

Sd/-

(Meera Mishra)

Chairperson & Managing Director