You are here » Home » Companies » Company Overview » Ecoboard Industries Ltd

Ecoboard Industries Ltd.

BSE: 523732 Sector: Engineering
NSE: WESTERNBIO ISIN Code: INE866A01016
BSE 00:00 | 17 Jan 2.40 0
(0.00%)
OPEN

2.40

HIGH

2.40

LOW

2.40

NSE 05:30 | 01 Jan Ecoboard Industries Ltd
OPEN 2.40
PREVIOUS CLOSE 2.40
VOLUME 200
52-Week high 6.59
52-Week low 2.27
P/E
Mkt Cap.(Rs cr) 4
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 2.40
CLOSE 2.40
VOLUME 200
52-Week high 6.59
52-Week low 2.27
P/E
Mkt Cap.(Rs cr) 4
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Ecoboard Industries Ltd. (WESTERNBIO) - Chairman Speech

Company chairman speech

CHAIRMAN

Dear shareholder

I would like to convey my deepest gratitude to you for your commitment continuoustrust encouragement and positive support through the somewhat turbulent & momentousjourney.

At Ecoboard we have embedded and interwoven the environmental aspects into everyactivities of ours and have taken a vow to maintain a healthy ecology by producing thefinished product with agri crop residues such as Sugarcane bagasse.

In our sincere efforts of conservation of environment through introduction ofeconomically sustainable eco-friendly products and technology we are facing certainnatural and certain man made impediments like scarcity and price oscillation of agroresidues continuously and directly affecting our price and profit matrix.

The new managing director has taken over the reins and is capturing the momentum quiteearnestly and sincerely who has plans and ideas to take the business at next possiblelevel. With opening up of economy and the way in which the new government is trading itspath after the elections of 2014 we see many opportunities lying ahead for the company'sgrowth in the coming years.

Our Plant at Velapur is undergoing renovation and technology upgradation directed atreduction in raw material usage. We are also adding new production line for 8x4 ft sizeparticle boards with a view to offer complete product mix to customers. We areconcentrating to improve our market position through the implementation of certain keystrategies like Cost reduction Maintenance of highest quality and safety standards in thefactory enhanced operational efficiency.

"People" our stakeholders are valuable for us at Ecoboard; I appreciate andthank our Shareholders for their trust our employees for their focus over theirresponsibilities and commitment at work our customers for their belief in us oursuppliers for their timely assistance our lenders for their financial support. I wouldalso like to thank the Society for appreciating our efforts to protect the ecology.

I feel privileged to have had the opportunity to lead your company as the Chairman forlast several years.

Thanking You

Sincerely

V.S.Raju

Chairman