Dear Shareholders

I have great pleasure to welcome you all to the 23^rd Annual General Meeting of our Company. It gives me pleasure to communicate with you once again. The Directors' Report and the Financial Statement for the year ended 31^st March 2019 together with the report of Statutory are already with you. I am sure you are fully aware of the financial & physical health of your company.

Our Company has been granted the status of an Approved Manufacturer' Approved Supplier or Approved Vendor by several leading steel companies oil & gas companies fertilizer companies and engineering consultants. It is important for us to retain direct contact with the contractors and end users and we have evolved a suitable system of sales and distribution system for the same.

Our designing capability to innovate enables us to meet the changing customer needs. We believe that our growth has been due to our ability to understand customer needs and build a product of optimal design. I believe in the famous quote of Sir Confucius Chinese Thinker and Social Philosopher that Our greatest glory is not in ever falling but in rising every time we fall. The road ahead is full of challenges the company is armed with the passion and the indomitable spirit to achieve success is determined to overcome the challenges.

We value the importance of our relationships and will continue to remain fair & true in all our dealings with all stakeholders.

I express my sincere gratitude to my Directors on the board for their valuable guidance & contribution & thank you all for being with us in this phase and assure you that in upcoming years the Company shall always strive better to give a performance.

Thank you all for attending this meeting Ladies & Gentlemen.