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OCL India Ltd.

BSE: 502165 Sector: Industrials
NSE: OCL ISIN Code: INE290B01025
BSE LIVE 19:40 | 19 Oct 1303.85 4.80
(0.37%)
OPEN

1270.10

HIGH

1305.00

LOW

1270.10

NSE 19:31 | 19 Oct 1304.00 12.50
(0.97%)
OPEN

1270.00

HIGH

1330.00

LOW

1260.00

OPEN 1270.10
PREVIOUS CLOSE 1299.05
VOLUME 353
52-Week high 1335.00
52-Week low 650.00
P/E 18.77
Mkt Cap.(Rs cr) 7,419
Buy Price 0.00
Buy Qty 0.00
Sell Price 1302.00
Sell Qty 10.00
OPEN 1270.10
CLOSE 1299.05
VOLUME 353
52-Week high 1335.00
52-Week low 650.00
P/E 18.77
Mkt Cap.(Rs cr) 7,419
Buy Price 0.00
Buy Qty 0.00
Sell Price 1302.00
Sell Qty 10.00

OCL India Ltd. (OCL) - Chairman Speech

Company chairman speech

From the Desk of the President

IN PURSUIT OF INSPIRATIONS DRAWN ON WISDOM, WORTHY AND WISE. IN PURSUIT OF ACHIEVEMENTSINCITE MEN, MEANS AND METHODS.

Transliteration Shloka 18 Chapter 18 Shrimad Bhagwat Gita

In matters of change, we have been flexible. In matter of progress, we have beenconsistent. It gives me great pleasure to state that this is a matter of principlethat has paid happy dividends at OCL. The good performance of 2009-10 has spilled over to2010-11 and the robust saga of multi-tiered growth continues despite very challengingmarket scenario. Indeed, growth sans borders has been an inspiration for all of ushere. It’s a credo that is reflected in our turnover which has shown an increase yearon year and which, we are certain, will help us conquer greater heights in the comingtime.

Growth, of course, has to be inclusive, not exclusive, to touch hearts and mould lives.Some issues, like the environment, remain close to us. As our planet struggles to balancehuman progress with the steady erosion of its resources, it is for each and every one ofus to stand up and be counted in this fight, and quest, for a greener, better, and moresustainable future. Your company has taken the leadership role in several environmentaldomains. Reducing (i.e., cutting down its misuse), recycling and reusing of resourcestakes top priority here. A related area is the threat from carbon emission, and here, OCLwears its concern on its sleeve by having recorded (during previous years) a ClinkerConversion Ratio of 2.6 amongst the highest in the world, apart from having notched upsignificant international ‘carbon-accreditations’. Several other carbonreduction projects are in the anvil : Upon implementation, they will contributesignificantly towards reducing carbon emission, and cleansing our habitat. We have alsoput in place integrated sewage treatment plants, laying seeds for a community that iscleaner, greener and more in charge of its own future.

As a socially responsible corporate, it has always been the endeavor at OCL to prosperin tandem with the well being of the community at large. In a bid to ensure good healthfor all, your Company is running dispensaries and mobile healthcare units that reach deepinto the interiors of our land, thus providing the healing touch to thousands hithertostarved of effective and timely health care. In the current year, these efforts will becontinued and bolstered by many more.

It is said that, more important than where we stand, is the direction in which we aremoving. As we take strong steps in bold new avenues designed to impact many at manylevels, I thank each and every one of you for showing the faith in OCL. As we grow fromstrength to strength, let us raise our sights higher. And toast a future… withoutfrontiers.

M.H. Dalmia

President