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Encash Entertainment Ltd.

BSE: 538684 Sector: Media
NSE: N.A. ISIN Code: INE552Q01018
BSE LIVE 14:18 | 05 Aug Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 25.85
PREVIOUS CLOSE 26.35
VOLUME 15000
52-Week high 25.85
52-Week low 0.00
P/E 646.25
Mkt Cap.(Rs cr) 10
Buy Price 0.00
Buy Qty 0.00
Sell Price 25.85
Sell Qty 15000.00
OPEN 25.85
CLOSE 26.35
VOLUME 15000
52-Week high 25.85
52-Week low 0.00
P/E 646.25
Mkt Cap.(Rs cr) 10
Buy Price 0.00
Buy Qty 0.00
Sell Price 25.85
Sell Qty 15000.00

Encash Entertainment Ltd. (ENCASHENTERT) - Chairman Speech

Company chairman speech

Letter to Stakeholders

Dear Stakeholder

I am extremely proud and at same time humbled to write to you as the Managing Directorof Encash Entertainment Limited. At Encash Entertainment Limited the Financial Year2015-16 has been a year of major investments for the future.

The Indian Media and Entertainment (M&E) industry is a sunrise sector for theeconomy and is making high growth strides. Proving its resilience to the world the IndianM&E industry is on the cusp of a strong phase of growth backed by rising consumerdemand and improving advertising revenues.

In 2015 the overall Media and Entertainment industry grew 11.7 per cent over 2014.Coming off a flat year in 2014 the film industry returned to a healthy growth of 9.3% in2015 according to the report. It added that Bollywood is constrained by the slow pace ofscreen growth and also has been facing increased competition from Hollywood and regionalcontent. A real surprise this year was the strong growth in regional both in terms ofquality and box office performance. The audience expectations are now higher for regionalfilms and they will continue to perform well going forward.

Our 8 years of operations have taught us many lessons but what remains sacrosanct atEncash is our zest to cater to consumer preferences and audience behaviour by aligningour creative capabilities and infrastructure. We continue to leverage our competitivestrengths of enduring relationships with leading talent diversified revenue streams andstrategies to mitigate risks and promote cash flow generation. We continue to grow fromstrength to strength with the prime objective of making our audiences delighted andgenerating revenues for our stakeholders. We spent the year building our core competenciesof content and expanded into areas where we have identified a profitable niche.

We plan to scale our movie as well as fashion business judiciously in the coming yearswith several interesting initiatives underway. The next couple of years will see usgrowing the Studio business stabilizing and growing the movie business. With this we arelooking at becoming a diversified content and a new-age media company.

Once again I take this opportunity to thank all our stakeholders for their continuedsupport. We remain committed to maintain our position and further capitalize on growthopportunities coming our way.

Your Sincerely

Sachet Saraf

CMD

DIN - 01377285