On behalf of the Board of Cybermate Infotek Limited I thank each of our stakeholdersfor having reposed conRdence in the Management of the Company during the year 2018-19. Theyear that went by helped us stabilize in terms of operations and take up emerging areas oftechnology.
During the year under review the company received subscription of share warrants iffull and allotted equity shares for the investors.
Further during the current year namely 2018-19 we have been able to raise the fundsthrough an FCCB to fund the expansion and growth plans of the company.
The company has also made necessary submissions and revived the US Subsidiary CybermateInfotek Ltd IncWe are also working on building new relationships for commencing theoperations of the Subsidiary at Portugal in health care IT.
I also assure all the stakeholders that your Company has always been emphasizing onmeeting its statutory obligations and fulXlling all the procedures which are mandatorilyprescribed as per the statute.
We look forward to the stakeholders to extend and continue their support to reachgreater success.
With warm regards & best wishes
P C Pantulu
Chairman & Managing Director