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Sulabh Engineers & Services Ltd.

BSE: 508969 Sector: Financials
NSE: N.A. ISIN Code: INE673M01029
BSE LIVE 11:48 | 05 Sep 61.40 -3.20
(-4.95%)
OPEN

61.40

HIGH

61.40

LOW

61.40

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 61.40
PREVIOUS CLOSE 64.60
VOLUME 1
52-Week high 90.00
52-Week low 61.40
P/E 1535.00
Mkt Cap.(Rs cr) 617
Buy Price 0.00
Buy Qty 0.00
Sell Price 61.40
Sell Qty 37673.00
OPEN 61.40
CLOSE 64.60
VOLUME 1
52-Week high 90.00
52-Week low 61.40
P/E 1535.00
Mkt Cap.(Rs cr) 617
Buy Price 0.00
Buy Qty 0.00
Sell Price 61.40
Sell Qty 37673.00

Sulabh Engineers & Services Ltd. (SULABHENGINEERS) - Chairman Speech

Company chairman speech

CHAIRMAN

Dear Shareholders

I am extremely pleased to present the Annual Report for the financial year 2013-14.Tostart with I can say that this financial year has been a period of uncertainty. In theyear of General elections the financial market consistency in policy matter was lagging.India is as obvious facing a difficult economic situation on the growth asset qualityinflation and fiscal deficit fronts. Growth is estimated to have bottomed but recovery ispredicated upon clarity of policy matters and decision making by the new and stableGovernment.

It may for the time being assumed that Inflation has peaked out but other factors needto be adequately tackled. Monsoons will clearly be a prominent factor in FY 2014-15 giventhe various predictions of a below par monsoon. Lastly on the fiscal deficit which hadbeen a cause of concern targets have been some how met but many constituents which areconspicuous continue to question the quality and means of this achievement.

The GDP for FY 2013-14 is estimated at 4.9% largely in line with market expectationsand expected to grow moderately in near future. We shall endeavor to match the pace of oureconomy by reorganizing ourselves and reducing costs. The Company also focused on skilldevelopment and technology updation which has responded reasonably well.

The year ahead seems to be challenging on the interest rate and credit policy stillCompany is committed to maximize value of its business. Company has the confidence that itwill get the support and patronage of stakeholder which would enable us to achieve highlysatisfactory results and significant value for our stakeholders.

With regards

Yours sincerely

-Sd-

(Manoj Kumar Agarwal)

Whole time Director