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Galada Power & Telecommunication Ltd.

BSE: 504697 Sector: Metals & Mining
NSE: GALPOWTEL ISIN Code: INE255C01018
BSE LIVE 12:53 | 15 Dec 7.32 -0.38
(-4.94%)
OPEN

7.32

HIGH

7.32

LOW

7.32

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 7.32
PREVIOUS CLOSE 7.70
VOLUME 700
52-Week high 11.40
52-Week low 6.55
P/E
Mkt Cap.(Rs cr) 5
Buy Price 0.00
Buy Qty 0.00
Sell Price 7.32
Sell Qty 12909.00
OPEN 7.32
CLOSE 7.70
VOLUME 700
52-Week high 11.40
52-Week low 6.55
P/E
Mkt Cap.(Rs cr) 5
Buy Price 0.00
Buy Qty 0.00
Sell Price 7.32
Sell Qty 12909.00

Galada Power & Telecommunication Ltd. (GALPOWTEL) - Chairman Speech

Company chairman speech

Message from Managing Director

44 th Annual Report heralds start of 45th year for the Company.After expansionthe installed capacity for Transmission Conductors (ACSR) has become30000 MT/A which along with AAAC/ACSR Distribution Conductors of 12000 MT/A and ECWire-Rod capacity of 24000 MT/A takes your Company’stotal capacity to 66000 MT/A. Nowthe entire Team Galada is concentrating on utilization of this capacity.

In spite of annual lean period of rainy season for 4 months (i.e. May - August) we arehopeful of achieving a capacity utilization of 70% and more. If achieved the contributionlevels will enable the Company to fulfill its commitments of becoming a debt free companyby March 2021.

With the new and pro-active Governance at Central and reforms which are in sight thecountry should see a fruitful growth during 2016-17 to 2020-21. Your Company will put inits best team work to make this dream come true.

The values of Integrity Inclusiveness Innovation Environmental Friendliness andPassion for Excellence has already started winning more customers for your Company.

The culture of makingthe Company accountable with the excellent speed of productdevelopment and a strong customer focus has created permanency in customer retention.

The mission of making us alert to changing trends in O/H Conductor usagepattern willsurely enable your Company to achieve highest efficiency and phenomenal growth.

Vision of becoming the most admired company of our customers and creating more valuefor them at affordable price is appearing achievable. We are sure that very soon yourcompany will be the leading contract manufacturing company for Power Conductors.

Government oflndia’s target to achieve 24/7 quality power supply to every Citizenof India has inspired us and activated us to grow all-round.

All participants in this mission like people in Plant Office Customer endInstitutions Suppliers and Share Holders will ensure success of your Company.