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Odyssey Corporation Ltd.

BSE: 531996 Sector: Financials
NSE: N.A. ISIN Code: INE839E01023
BSE LIVE 13:42 | 21 Nov 2.77 0.09
(3.36%)
OPEN

2.79

HIGH

2.79

LOW

2.77

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 2.79
PREVIOUS CLOSE 2.68
VOLUME 2502
52-Week high 4.64
52-Week low 1.61
P/E
Mkt Cap.(Rs cr) 11
Buy Price 0.00
Buy Qty 0.00
Sell Price 2.78
Sell Qty 16255.00
OPEN 2.79
CLOSE 2.68
VOLUME 2502
52-Week high 4.64
52-Week low 1.61
P/E
Mkt Cap.(Rs cr) 11
Buy Price 0.00
Buy Qty 0.00
Sell Price 2.78
Sell Qty 16255.00

Odyssey Corporation Ltd. (ODYSSEYCORPN) - Chairman Speech

Company chairman speech

LETTER TO THE SHAREHOLDERS

Dear all,

At Odyssey, we are upbeat about India’s economy and the fortuitous window ofopportunities that a growing economy has opened up for us. Pitted against economicturbulence in the western world, India has emerged as an interesting contrarian in itsconsistent pursuit of robust economic growth.

Leveraging the floodgates of opportunities in an expanding economy, we havestrengthened our presence in diverse sectors ranging from media and entertainment andinternational trading of mineral ores. The result is that we have performed significantlywell in terms of profitability. The year 2010-11 is a watershed in our corporate evolutionas we achieved the highest profit in the history of Odyssey with an outstanding 106%increase in PAT.

We intend to sustain our performance as the external scenario looks promising. Themedia and entertainment industry of India is growing significantly. The Indian EventManagement is a billion dollar market today. We have ventured into the Indian Media andEntertainment space and successfully emerged as a potential market player. We haveacquired the broadcasting rights of a number of blockbuster movies. In addition, we havedemonstrated our potential in movie production. To revitalise Indian Ghazals all over theworld, we ventured into organising the Ghazal Symphonies.

We have ventured into the Indian Media and Entertainment space and successfully emergedas a potential market player.

We also realised the importance of mineral ore trading in the current scenario ofIndian infrastructure and manufacturing growth. Our endeavour in Manganese ore trading hasbecome successful and we are exploring further opportunities in the sector.

Agriculture is now becoming the focus of governments across the world to ensure foodsecurity for the world’s burgeoning population. At Odyssey, we are trying to explorethe inherent opportunities of the agricultural sector and we have already implementedsignificant strategic plans to excel in this sphere.

We will continue to focus more on building a great organisation and a more powerfulbrand, which can create exceptional value for all stakeholders.

Warm regards,

Hemanshu Ramniklal Mehta

Chairman