As I write this my heart is filled with pride. This year your company is celebratingits Silver Jubilee. 25 years of unshakable trust. 25 years of tireless client servicing.25 years of smiles prosperity and wealth creation - "Sarve Bhavantu Dhaninah".
Completion of 25 years
The journey of Swastika has been like a roller coaster ride for me. We started fromlease and finance and added so many feathers in our cap i.e. stock broking merchantbanking depository training institute etc. In all the good and bad economic times ourteam members supported our vision -Prosperity of all Swastika's stakeholders. It isgratifying that many who had stood by us at the beginning continue to do so even today.Such relationships are rare precious and deeply valued.
Furthermore continuing the track record of the past 11 years I am happy to announcethat the Board has proposed a dividend of Rs. 1/- per share i.e. 10% of the face valueof the shares. This would mark as the 12th continuous year of paying dividends tofelicitate our shareholders who have shown their faith in Swastika.
Our Culture : Integrity Transparency and Honesty We value integrity transparency andhonesty in clients* transactions. With every profitable transaction for our clientSwastika family gets happier. We always keep ourselves in our clients* boots and feel theemotions that they go through in all kinds of conditions. It is this culture which startsat the top and flows down and differentiates Swastika from others. Higher happiness indexis our priority. Every employee's role at Swastika is by default designed to be that ofan 'Owner*. Yes you read that right. We ignite ownership in our team members so that theyare ethical responsible responsive and hard working. A company having 600 'Owners' cannever falter.
Ready For Big
All these 25 years have made us stronger and wiser.
But I think that this is just the beginning. The team systems processes andinfrastructure is now ready.
Now Swastika will propel to new heights. Now
Swastika is "Ready for Big*'l
Our tagline for FY 2017-18 is 'Ready For Big*.
Merchant Banking and NBFC are our growing businesses. Last FY we launched 5 IPOs andhave got an extremely incredible response. Our NBFC - Swastika Finmart Pvt. Ltd. is alsodoing very well. We have tied up with new age Fin-tech companies promoted by NT grads andnow our loan book is steadily growing.
Another domain which looks very lucrative now is Mutual Fund distribution. With newuser friendly and seamless softwares our clients will be able to invest or sell mutualfund units. Branding on online and offline channels is now contributing to our visibility.Now Swastika is a national level brand. We have broken the shackles of a regional brand.We shall continue to enhance our branding efforts this year as well.
I am sure our unique organization culture technology strength and vigorous effortswill give us exponential growth.
Swastika is READY FOR BIG:
Learning - Ideas - Achievements - Client Base - Network - Brand - TechnologyAdvancement - Profits - Future.
With best wishes
Managing Director Swastika Investmart Limited