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Globe International Carriers Ltd.

BSE: 538385 Sector: Others
NSE: GICL ISIN Code: INE947T01014
BSE 05:30 | 01 Jan Globe International Carriers Ltd
NSE 05:30 | 01 Jan Globe International Carriers Ltd

Globe International Carriers Ltd. (GICL) - Chairman Speech

Company chairman speech

Dear Shareholders

I am extremely proud and humbled to present the Annual Report for year ended 2016-17 ofGlobe International Carriers Limited as a Chairman & Managing Director.

Globe International Carriers Limited is one of the pioneers in transportation andlogistics business in India. GICL is the First Logistics Company from Rajasthan to belisted on the National Stock Exchange SME Platform. Our journey in the last three decadeshas been a story of innovation excellence and strategic evolution as we expanded ourfootprint across India. We diversified our services portfolio while achieving significantgrowth throughout these years. We believe in long term relationships be it with ourclients employees business partners. We want our clients to benefit from the solutionswe offer our employees to be satisfied with the growth and the opportunities within theorganization and our business partners specially our vendors to be part of our growth.We want our investors to be satisfied that their investment is in a sound company thatadheres to the highest levels of financial and corporate governance and delivers areasonable rate of return on capital employed. We strive to enchantment our customers ourpartners with our business ethics and moral responsibility in delivering their valuablecargo as per their needs. We are ranked amongst the most respected and reputed transportoperators in the country. A reputation that has come with persistent and focused hard workover the decades to gain the trust of our customers and watch them smile. When we look atGlobe International Carriers Limited today we can see that it has been a year of greattransition for the company. Despite these transitions your company has marked a newmilestone growth by achieving a turnover of around Rs. 111.39 Crores in FY 2016-17.Overall there are many positive signs within these numbers and I believe this is anindication that our strategy to achieve large scale growth is the right one Your companyis also simplifying and improving the processes to become a highly connected agile andinnovative organization where accountability and empowerment go hand in hand. This workstogether to boost customer trust and brand loyalty. I believe we are far ahead of othersin this space. As I look ahead to the coming years I am excited by the role GlobeInternational Carriers Limited plays in this journey by our potential to become theleading logistics services company in India and a bellwether once again.

Thanks and Best of Luck!!

Subhash Agrawal

(Chairman & Managing Director)