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AVSL Industries Ltd.

BSE: 538373 Sector: Industrials
NSE: AVSL ISIN Code: INE522V01011
BSE 05:30 | 01 Jan AVSL Industries Ltd
NSE 05:30 | 01 Jan AVSL Industries Ltd

AVSL Industries Ltd. (AVSL) - Chairman Speech

Company chairman speech

Dear Valued Shareholders

WE WISH TO BECOME THE TEXTBOOK EXAMPLE OF EXCELLENCE FOR SERVING ESTABLISHED ANDEMERGING BRANDS IN THE INDUSTRY. WE WILL MAKE THIS POSSIBLE THROUGH OUR WORLD CLASS DESIGNAND MANUFACTURING BACKBONE AND OUR EXECUTION SUPREMACY.

For over decades AVSL INDUSTRIES has engaged in manufacturing PVC Compound HDPE/LDPECompound PVC Filler and HDPE/LDPE Tape etc. & trading of Agro based commodities suchas Rice Wheat Flour Pulses Spices Food Grains and Dry Fruits. The company is foundedon strong ethos of Innovation Quality and Research & Deliverance. From being aspecialty focused suppliers to Wire & Cable Industry where our Business Division enjoyleadership in certain segments the company is committed to creating a diverse productportfolio which will not only enhance service ability of customers in existing segmentsbut will also let our divisions benefit from product & distribution synergies indifferent markets & applications.

We aim to implement latest quality and management practices which are in line with theglobal customer base that we have thereby creating an enterprise which will add economic& social value in areas where it operates in.

I am proud to report that AVSL Industries has made significant progress over the pastyears. We doubled both on client base and revenue base and have made a strong foundation.In the year 2016-17 we started two manufacturing units one in Umbergoan Gujarat andanother in Bhiwadi Rajasthan. To embark the journey of success we need the tools ofpreparedness foresight and strategy which lead us to the path of growth and high quality.

I sincerely thank you on behalf of the company for your support. None of the abovewould have been possible without the enthusiastic efforts & support of all my Boardmembers Suppliers Customers Bankers various Governments semi government organizationsemployees & Fellow shareholders.

As we look to the years ahead we renew our pledge to remain committed to excellencekeep abreast of changes and innovations adopt better management and constructiontechniques and successfully overcome all challenges before us.