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Bedmutha Industries Ltd.

BSE: 533270 Sector: Metals & Mining
NSE: BEDMUTHA ISIN Code: INE844K01012
BSE 00:00 | 11 Aug 74.15 -1.10
(-1.46%)
OPEN

75.05

HIGH

76.50

LOW

71.85

NSE 00:00 | 11 Aug 73.45 -1.65
(-2.20%)
OPEN

77.40

HIGH

77.40

LOW

71.25

OPEN 75.05
PREVIOUS CLOSE 75.25
VOLUME 1253
52-Week high 101.00
52-Week low 33.15
P/E 25.84
Mkt Cap.(Rs cr) 239
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 75.05
CLOSE 75.25
VOLUME 1253
52-Week high 101.00
52-Week low 33.15
P/E 25.84
Mkt Cap.(Rs cr) 239
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Bedmutha Industries Ltd. (BEDMUTHA) - Chairman Speech

Company chairman speech

LETTER TO SHAREHOLDERS

Dear Shareholders

On behalf of Board of Directors and myself It's my pleasure to present the 31stAnnual Report of Bedmutha Industries Limited.

It won't be out of place to mention that FY 2020-21 was a historic year and one of itskind in decades on account of Covid 19 pandemic situation. It has made the mankind torealize that nature is more powerful and we have to respect the same and preserve theenvironment for better future it has disrupted in many ways our way of living &working. It has made us realise that we have to work in co-operation rather than competingagainst each other and together we can commit and make things happen which will help allmankind.

For our Company too this year has given the most awaited life line by way ofRestructuring by the Financial Institutions which has created a level playing field. Therestructuring package got implemented on 16th January 2021 and since then theteam at company level is geared up to ramp up the production and enhance the capacityutilitsation in every segment of the Company.

The focus is to sweat the existing assets to the maximum and become a long term debtfree Company in next 5 years by focusing on capacity utilisation marketing effortsreducing the cost element of the production and monetizing the non-current assets.

With this positive note I express thanks to all the stakeholders namely supplierscustomers employees Board of Directors Senior Management Team Financial Institutionsall Government Departments and special mention of the new Investors joint recently forsupporting the Company in the hour of need.

With Best Regards

Vijay Vedmutha

Chairman and Managing Director

DIN: 00716056.

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