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SVP Global Ventures Ltd.

BSE: 505590 Sector: Others
NSE: N.A. ISIN Code: INE308E01011
BSE 15:40 | 23 Feb 386.75 4.60
(1.20%)
OPEN

399.95

HIGH

399.95

LOW

380.30

NSE 05:30 | 01 Jan SVP Global Ventures Ltd
OPEN 399.95
PREVIOUS CLOSE 382.15
VOLUME 17447
52-Week high 620.00
52-Week low 188.15
P/E 61.98
Mkt Cap.(Rs cr) 489
Buy Price 386.75
Buy Qty 262.00
Sell Price 0.00
Sell Qty 0.00
OPEN 399.95
CLOSE 382.15
VOLUME 17447
52-Week high 620.00
52-Week low 188.15
P/E 61.98
Mkt Cap.(Rs cr) 489
Buy Price 386.75
Buy Qty 262.00
Sell Price 0.00
Sell Qty 0.00

SVP Global Ventures Ltd. (SVPGLOBAL) - Chairman Speech

Company chairman speech

Dear Members

I am glad to welcome you to the 34th Annual General Meeting of the Company. Yourcontinued trust encouragement and support is what gives us energy enthusiasm confidenceand motivation to strive for betterment.

This year your Company’s Consolidated Sales Turnover reached to Rs.1784 Crores.

During the year your Company took over another Company M/s Citron Infraprojects Limitedat a book value of 103 Crores and acquired its entire textile business.

I am pleased to inform Shrivallabh Pittie Industries Limited one of the units of SVPGlobal Ventures Limited inaugurated its manufacturing facility of 100000 spindles ofcompact cotton yarn in Jhalawar Rajasthan with capital outlay of Rs. 450 crores with thehands of the Honorable Chief Minister of the State Mrs. Vasundhara Raje and startedproduction over there. The plant is regarded as the fastest constructed plant in Asia.

Your company is also implementing another manufacturing facility of 50000 spindlescompact cotton yarn and 2400 rotors at Jhalawar Rajasthan.

For 2016-17 your Company is expected to further improve its performance as a result ofthe capacity addition.

On behalf of the Board and Management team we wish to thank you for your trust andfaith in us. We will continue to build the company and deliver superior returns to ourinvestors. We also thank our customers vendors bankers and employees without whom thiswould not have been possible.

Sd/-

Chirag Pittie

Managing Director

DIN: 00117368