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BCPL Railway Infrastructure Ltd.

BSE: 542057 Sector: Engineering
NSE: N.A. ISIN Code: INE00SW01015
BSE 00:00 | 12 May 45.75 -0.35
(-0.76%)
OPEN

47.05

HIGH

47.05

LOW

44.80

NSE 05:30 | 01 Jan BCPL Railway Infrastructure Ltd
OPEN 47.05
PREVIOUS CLOSE 46.10
VOLUME 106949
52-Week high 114.60
52-Week low 35.00
P/E 10.19
Mkt Cap.(Rs cr) 76
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 47.05
CLOSE 46.10
VOLUME 106949
52-Week high 114.60
52-Week low 35.00
P/E 10.19
Mkt Cap.(Rs cr) 76
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

BCPL Railway Infrastructure Ltd. (BCPLRAILWAY) - Chairman Speech

Company chairman speech

Dear Fellow Shareholders

It gives us immense pleasure to congratulate BCPL family in surpassing the Rs. 125 crturnover mark and registering the highest business volume of its life amounting to Rs.127.16 cr for 2019-20. With the support of our members stakeholders employees and ourstrategic management abilities we have been able to achieve commendable business volume.The year 2019-20 also witnessed BCPL being on the verge of completing various tough andchallenging projects of Railway electrification. During 2019-20 BCPL endorsed new avenuesof business opportunities by participating in various tenders of State Electricity Board.Our undaunted efforts and willingness would enable us to further expand our avenues andmigrate BCPL on the Main Board of BSE Limited in the year 2020-21.

The year 2019-20 served as inspiration that would further encourage us to continue tostrive for achieving higher milestones in the years to come in our journey towardscontributing to pollution free railway traction. A happier future for the country and theworld at large requires an efficient business environment which in turn emanates from adisciplined society of which we are a part. My entire team at BCPL is always striving todeliver electrification projects within the stipulated timelines if not earlier therebywinning the confidence and trust of the Railways. In our small way we are confident thatwe would be able to contribute towards fast reduction of pollution through theElectrification of Railway Traction currently run by fossil fuels.

The year 2020 has witnessed an outbreak of Covid-19 pandemic followed by theGovernment of India's Lockdown directions to prevent and contain the spread of the virus.BCPL being engaged in the activities of national importance certain relaxations wereprovided by the Ministry of Home Affairs permitting us to resume operations at work sitesmaintaining all measures of social distancing health & hygiene protocols.

Safety is of paramount importance in our area of work and we at BCPL are everfocussed on improving the safety of our workers and the safety of lives and property thatare transported on the tracks electrified by us. During 2019-2020 we have reviewed ourhealth and safety policy and framed the rules thereunder. A special monitoring cell hasadded new parameters in our safety related exercises and would continue to do so under theguidance of our experienced safety trainers. BCPL is taking utmost care of its staff andwork force during the pandemic crisis period following all norms of sanitization socialdistancing mandatory mask wearing thermal check before entry and maintaining properhygiene. We are increasing the use of digital means in our business operation throughvirtual meetings at all levels be it internal and/or client or stakeholders meetings.

BCPL has no liquidity concerns as we have sufficient Banking limits available.

Further the Ministry of Railways during the pandemic period has taken extra initiativeof releasing the Bank Guarantees against the running projects in proportion to the workscompleted thereby providing further impetus to your Company's finances.

We consider our stakeholders as partners in our growth and as a token ofacknowledgement of the same our directors have already declared and paid interim dividendof Re. 0.40 per share and further decided to propose a final dividend of Re. 0.20 pershare for the financial year 2019-20.

With these words I would once again thank all our associates for deciding to be a partof our progressive journey and pray to God that everybody remains safe and sound and willovercome this difficult situation created by the Covid-19 pandemic.

Jayanta Kumar Ghosh
Managing Director
BCPL Railway Infrastructure Limited.

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