You are here » Home » Companies » Company Overview » Amara Raja Batteries Ltd

Amara Raja Batteries Ltd.

BSE: 500008 Sector: Auto
NSE: AMARAJABAT ISIN Code: INE885A01032
BSE 13:34 | 22 Oct 689.60 -6.95
(-1.00%)
OPEN

696.75

HIGH

702.40

LOW

688.00

NSE 13:24 | 22 Oct 690.50 -4.70
(-0.68%)
OPEN

699.70

HIGH

701.90

LOW

688.00

OPEN 696.75
PREVIOUS CLOSE 696.55
VOLUME 86899
52-Week high 1025.00
52-Week low 665.00
P/E 16.64
Mkt Cap.(Rs cr) 11,778
Buy Price 689.10
Buy Qty 12.00
Sell Price 689.70
Sell Qty 44.00
OPEN 696.75
CLOSE 696.55
VOLUME 86899
52-Week high 1025.00
52-Week low 665.00
P/E 16.64
Mkt Cap.(Rs cr) 11,778
Buy Price 689.10
Buy Qty 12.00
Sell Price 689.70
Sell Qty 44.00

Amara Raja Batteries Ltd. (AMARAJABAT) - Chairman Speech

Company chairman speech

He is Dr. Ramachandra N Galla the social entrepreneur

Man of the soil

emerged as Son of Soil.

SON of farmer in true intentThe glamour and success

stories of the US has smitten many a youth since decades and still do; they yearn tosettle in the ‘Land of Opportunities' with the objective of living a life of luxury.But not for Dr. Ramachandra N Galla. Having worked in the US for more than a decade thelonging for the home town drew Dr. Ramachandra N Galla back to India. The irresistibleurge to participate in India's growth soon seized him. He embarked on the journey ofsetting up one of India's largest integrated manufacturing location for advanced lead-acidbattery systems across the globe. Living upto the ethos…

For India. In India. By India.

Man of steel

one would be readying AT 50 year generallyhimself for retirement (retirement age being58) and life in the second innings with family and friends. But not for Dr. Galla. At 50he decided to come back from the US to his agricultural roots in Andhra Pradesh to set uptwo entities Amara Raja Power Systems Ltd at a project cost of H 2 crore and Amara RajaBatteries Ltd at H 20 crore both with just 12 employees. This sure must have needed somestrength of conviction.

Intent on making a difference to the underdeveloped area of his home districtChittoor Andhra Pradesh by ushering modern development he set up the units in this far_ung area where there was proper road connectivity infrastructure or utilities.

He persevered as child to secure his education. He toiled once again to secure thefuture of other Indians.

He walked many-a-mile to his school. He laboured to create his units. He has meagreresources then. He did not have the basic infrastructure when he started out on theventure. Yet he toiled to create factories start operations and leave a legacy thatwould hopefully ease the lives of thousands after him. All of this at 50!

Man for society

entrepreneurs

DR. Galla firmly believedhad an underlying

responsibility towards empowering underprivileged people and promoting social goals.Accordingly the first manufacturing facility and office was established in remoteKarakambadi village 12 km from the town of Tirupati. Moreover he invested in people fromthe neighbourhood. He handpicked them. Trained them. Introduced them to globaltechnologies. Believed in them. He partnered with local communities. He grew them. They inturn grew the Group. An H 22 crore investment in less than four decades has become an H10000+ crore Group. He started the food business to support farmers in the area. Hiselectronics venture became a means of empowering women in the area. And through Amara RajaBatteries he trained his people to walk shoulder-to-shoulder with global battery makers.The idea he seeded has over three decades transformed the lives of thousands.

The hardships of his childhood kindled the _ame within to create communities that areeconomically and socially vibrant enough to stimulate growth and become self-reliant. Toensure that his dreams saw the light of day Dr. Galla established the charitable trustRajanna Trust under the aegis of the Amara Raja Group. Being very close to his heart Dr.Galla worked painstakingly through the Trust for uplifting neighbouring villages byproviding basic amenities such as water for irrigation road connectivity other basicinfrastructure educational institutions and healthcare facilities. There is not a singlearea bereft of his touch. For the neighbouring districts

Dr. Galla has been and will always be the provider!

He lived all these years by this ethos. Now he has decided to dedicate his life tosociety. Through his single-minded focus to Rajanna Trust. He will continue to energisepeople and rekindling their hope for a better life. Even as he pull out of active businessinvolvement his ethos will continue to be the beacon for the Group for generations tocome. For his belief is enshrined in our Core Purpose.

"To transform our increasing spheres of influence and to improve the quality oflife by building institutions that provide better access to better opportunities goodsand services to more people…all the time".

Dr. Ramachandra N Galla
Founding Chairman

.