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CIAN Agro Industries & Infrastructure Ltd.

BSE: 519477 Sector: Industrials
NSE: N.A. ISIN Code: INE052V01019
BSE 00:00 | 22 Mar 43.40 0.15
(0.35%)
OPEN

43.25

HIGH

44.95

LOW

41.10

NSE 05:30 | 01 Jan CIAN Agro Industries & Infrastructure Ltd
OPEN 43.25
PREVIOUS CLOSE 43.25
VOLUME 1100
52-Week high 50.20
52-Week low 29.45
P/E 16.13
Mkt Cap.(Rs cr) 121
Buy Price 44.95
Buy Qty 100.00
Sell Price 44.95
Sell Qty 400.00
OPEN 43.25
CLOSE 43.25
VOLUME 1100
52-Week high 50.20
52-Week low 29.45
P/E 16.13
Mkt Cap.(Rs cr) 121
Buy Price 44.95
Buy Qty 100.00
Sell Price 44.95
Sell Qty 400.00

CIAN Agro Industries & Infrastructure Ltd. (CIANAGRO) - Chairman Speech

Company chairman speech

Dear Shareholders

We are glad to bring to you this 30th Annual Report of our Company. 30lhAnnual Report signifies the long journey our Company had completed so far. During theseyears many times we had to face turbulent 8t difficult situations but our Companycontinued its steadfast approach to strive for excellence and overcome all thoseobstacles.

Personally this year is also of special significance for me and also to our Companyduring this year we finally broke free from the shackles of a being sick industrial unitafter 19 long years and rose to new heights of success like a phoenix rising from ashes.Our Company not only has become free from the purview of BIFR and SICA but also the NetWorth of the Company has turned positive by more than 10.49 Crores. During the year wealso restarted our manufacturing unit (vegetable oil refinery) and successfullyre-launched of our own Brand of edible oil "Amrutdhara". The response receivedfrom customers to our products was heartwarming. This success was testimony to the hardwork & efforts put in by our employees & stakeholders for the revival of theCompany. This success has further fueled our desire to work even more dedication toachieve more success for the Company.

Challenges in the next year will surely be harder as the erratic mansoon seasonscontinues to hamper the soyabean cultivation in the fields procurement of quality rawmaterial & optimum capacity utilization will prove to be a difficult task. But we aresure to beat these odds. Company has already expanded its range of edible oils byintroducing Groundnut Rice-bran and sunflowers oil of our own Brand of edible oil"Amrutdhara". Our Company has also launched range of various spices under ourown brand called "CIAN Spices" which has gained popularity in short time. Wehave diversified our operations into health & personal care products business therebytruly transforming the Company from an edible oil manufacturer into a FMCG Company. Ourinfra division continues to firmly supplement the business of the Company.

We are also pleased to share with you the news of revocation of suspension on tradingof Company's securities on the Stock Exchange. Trading of shares of our Company wassuspended for many years but now it has been revoked by the BSE Limited w.e.f 15hMay 2017. The revocation coupled with the successful performance of the company during theyear has already increased price of Company's share significantly.

Going forward we will strive to develop a distribution network & supply chainfocus on brand building improvements in products and packaging techniques expand ourreach into the retail space and bolster our market presence. The Company is confident ofthe brand building and Agro business that continues to be strong and resilient. This willdrive the future growth and meet the expectations of the various stakeholders.

Nikhil Nltin Gadkari

Managing Director