Dear Stake Holders
It gives me enormous bliss to present the 25th Annual Report of your Company with theyear narrating our fruition story of our ambition on mounting towards becoming the India'sOne Stop Financial Hub for one's every kind of nancial need or advice ranging from a tinysolution to their Fiscal needs to understanding ones grave nancial crises from securingones asset by managing the same or advising on managing your Financials each member hereat the group Choice welcomes you to address your any kind of Financialsolutions!!!
By each passing day we are getting larger in the terms of range of services offeredand the time horizon within which the services are delivered with Client Satisfaction atthe apex each employee here at Choice have added to the our growth story bytheir strong perseverance and belief in the organisation.
We at Choice acutely believe that earning Income is just one part of thegame but managing the Income in a way that ultimately creates Wealth is the other part ofthe game which is even more imperative and Vital than the first part. Here atChoice vigorous efforts are made to create wealth for our clients by providingthem our array of nancial services.
On the path of creating wealth for our clients equal attention is given to themethodologies adopted without compromising on our ethical values!!!
The effort is to offer a host of nancial services under one gable the objective is tobe the most preferred institution providing eminent services. For the Financial Year2017-18 your company has booked a Profit of Rs. 1224.39 Lakhs as compared to profitsamounting to Rs. 629.01 Lakhs in the year 2016-17.
Your Company totally backs the Vision of our respected Prime Minister on DigitalIndia embracing his vision your company has Launched Online Investment Platform onMutual Fund named Investica and is on the verge of launching its onlineMobile & Web based Trading Platform named JIFFY.
During the Financial year 2017- 18 your company has propelled an innovative way ofcatering its services by establishing Choice Kendras at various places by onboarding the Clients through our retail outlets. All the Financial services provided bythe company can be made available through our Retail Outlets i.e through our ChoiceKendras to facilitate our clients at their ease!!
The Services provided by your Company is detailed in the Management Discussion &Analysis Report in depth. The core business activities of the group includes Broking &Distribution Mutual Fund Distribution Portfolio Management Merchant Banking DebtSyndication Management Consultancy Cross Border Consultancy NBFC Lending Retail LoansIT Solutions.
All the above stated activities can be reached through our Choice Kendras.
We look forward to FY 2018 19 bringing in new growth prospects giving us an opportunityof narrating one more year to narrate our growth journey.
I express my gratitude for the sound guidance and contribution of my fellow Directors.I commend my team as everyone at Choice has contributed to the Company's growth and theircommitment and dedication and sheer hard work is an indeed an inspiration.
As we move ahead the impulses of uncertain environment would continue to confront allthe business. The Company is capable of steering these uncertainties and would continue toinvest in its capabilities to deliver sustainable long term performance.
I take this opportunity to thank all our stakeholders for the faith rested in theCompany and look forward to your continued support in our Journey with the vision of beingloZJs"B .
I further take this chance of apprising our client with a statement :
AAP KIJIYE KAMYABI KI TAYAARI
BAAKI HAMARI ZIMMEDARI
With best wishes Thanking You
KAMAL PODDAR
Managing Director DIN No: 01518700