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Euro India Fresh Foods Ltd.

BSE: 538412 Sector: Agri and agri inputs
NSE: EIFFL ISIN Code: INE546V01010
BSE 05:30 | 01 Jan Euro India Fresh Foods Ltd
NSE 05:30 | 01 Jan Euro India Fresh Foods Ltd

Euro India Fresh Foods Ltd. (EIFFL) - Chairman Speech

Company chairman speech

Dear Shareholders

Warm Greetings to you all

We are pleased to share with you the annual report of your company for the FinancialYear 2016-17. It has been a year of transformation and a fresh beginning for your company.The change of name is but only a sign of changing the Company's scenario.

"Euro India Fresh Foods Limited" the company known for their commitmentto deliver Quality in products with affordable price band. We also Strive to come withinnovative products matching the Indian taste buds. This Encourage us to continuedelivering best products to our Customer. The Company known for manufacturing of potatochips Extruded Products fruit juices nankeens & water.

Your Company came out with the Initial Public Offering (IPO) and had a great success.The Company has Second Largest IPO in SME market. The Company has perform very positivelyand accept the changes happens in the company after Listing. As we all know theresponsibility and performance level became high once your company became listed onrecognized stock exchange I have proudly said that my "Euro Team" extremelymove towards the goal and achieved the success for company.

Your Company has increase the Revenue of Rs. 4974.83 Lakhs in 2016-17 from 4756.04Lakhs in 2015-16.The company had drastically improving their performance day by day forachieving the sales goals. The Company has 3 Outlets in Surat and Mumbai having all therequisite licenses and permissions from the appropriate authorities. It has obtainedtechnical knowledge and know how in this Business and has acquired a reputation andgoodwill for its brand name and trade mark. Your Company Export's their Products in thecountries like Belgium Bahrain London United Kingdom Australia Oman Yemen &Canada.

Your Company's Vision:

• To be one of the leading brands in FMCG Industry

• To be most innovative company in business

• To be hunger satisfying product for every class of buyers

• To be ranked highest in taste and verities.

Your Company's Mission:

• To Maintain the Quality of our Product

• To make products that deliver value for money

• To keep on delivering mouth savoring healthy snacks and beverages for years tocome

• To grant premium quality products and receive customer satisfaction

In Future Context Your Company had sign the agreement with "Franchise IndiaBrands Limited" by the name of Franchise Development Program with the vision ofopening around 1000 of outlet franchises in the states like Gujarat Maharashtra MadhyaPradesh Rajasthan etc. in the upcoming years. We very well cover the InternationalMarket's by Exporting our products and focusing to Increase the same for capture the Localmarket's as well as National Level Market's.

Finally by concluding I owe to all our Stakeholders for their trust and faith in theCompany we'll try our best to maintain it in the upcoming years.

Thank You!
Manharbhai Jivanbhai Sanspara
Chairman and Managing Director