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Banka Bioloo Ltd.

BSE: 535051 Sector: Others
NSE: BANKA ISIN Code: INE862Y01015
BSE 05:30 | 01 Jan Banka Bioloo Ltd
NSE 00:00 | 28 Jan 77.70 -0.60
(-0.77%)
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Banka Bioloo Ltd. (BANKA) - Chairman Speech

Company chairman speech

Dear Shareholders

Our warm greetings to you.

We look forward to this time of the year to re-connect with you on how we have faredboth as an enterprise as well as an organisation engaged in creating social impact atscale. Along with the rest of the world we are tackling one of the toughest challenges inan unprecedented situation created by coronavirus pandemic. Banka BioLoo provides anessential service to the nation and our business is integral part of the Sanitation ValueChain where we treat waste and wastewater from residential commercial and industrialsetup.

There is a positive side to this for our line of work. The pandemic has bought to forethe need for innovative and cost-effective products and services around Sanitation andHygiene. We are intensifying investment in research and working to improve existing aswell as introduce new and efficient sustainable solutions.

At Banka BioLoo we offer cost-effective solutions for Water Sanitation and Hygieneinfrastructure. DRDO our technology partner calls us the torch-bearer of thebio-digester technology due to our strong commitment and on-ground work with oureasy-to-install and hygienic BioLoo's. We are helping address the pressing need in Indiafor cost-effective state-of-the-art products that are engineered for highest performancestandards and durability in rural and semi-rural applications and easy-to-operatesanitation system.

We are meeting our commitment to sustainable living while creating value for ourshareowners and improving lives of people. Our teams are working remotely and on-site asthe situation demands. We continue to deliver services adhering to all governmental andother important public health restrictions.

To deliver on our growth blueprint we will continue to invest in innovation andR&D and also continue to develop our human capital and leadership. We are a marketleader in Water Sanitation and Hygiene (WaSH) infrastructure and therefore also have aresponsibility to provide though leadership to the industry. Banka BioLoo has built astrong foundation. We are now uniquely positioned to raise our growth trajectory in theyears ahead.

As India continues to march towards a $5 trillion economy policymakers industryacademia and the civil society must all work in tandem to build an environmentallyconscious nation. Banka BioLoo will continue to play a pivotal role in thismulti-disciplinary collaboration to build a stronger healthier and greener India.

With utmost humility We express our gratitude for the trust you have placed in us. Weremain committed to create long-term value and impact for all our stakeholders.

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