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Golden Legand Leasing & Finance Ltd.

BSE: 509024 Sector: Financials
NSE: N.A. ISIN Code: INE088E01019
BSE 00:00 | 02 Mar Golden Legand Leasing & Finance Ltd
NSE 05:30 | 01 Jan Golden Legand Leasing & Finance Ltd
OPEN 226.10
PREVIOUS CLOSE 226.10
VOLUME 1
52-Week high 226.10
52-Week low 0.00
P/E 11305.00
Mkt Cap.(Rs cr) 336
Buy Price 0.00
Buy Qty 0.00
Sell Price 226.10
Sell Qty 1999.00
OPEN 226.10
CLOSE 226.10
VOLUME 1
52-Week high 226.10
52-Week low 0.00
P/E 11305.00
Mkt Cap.(Rs cr) 336
Buy Price 0.00
Buy Qty 0.00
Sell Price 226.10
Sell Qty 1999.00

Golden Legand Leasing & Finance Ltd. (GOLDENLEGANDLS) - Chairman Speech

Company chairman speech

Dear Shareholders

It gives me immense pleasure in presenting to you the 35th Annual Report ofthe Company and thanking you for your support and goodwill that is critical to the successof your Company even in the tough stage of the Company which passed by. I and on behalfof the GLLFL Board of Directors would now like to highlight some key aspects of the yearunder review:

• Loss after tax of the Company Rs. 1961544/-. Though the company is at embroyicstage at present and recovering.

• Net worth of the Company Rs. 143289501/-

• Involvement of research and development for growth and expansion of Business inmultiple fields:

- Financing to Agri-Business

- Payment Gateways

As India is emerging with the transactions and payments been made by various paymentgateways for online transactions or physical store shop in order to avoid various issuesPayment Gateways acts as a virtual Point of Sale on the webpage to accept money. The lastone year has seen a sharp rise with four major shifts in the global landscape growingpenetration of smartphones and internet non-banking institutions offering paymentservices consumers demanding one-touch payments etc.

As you are aware the Indian economy is poised on the cusp of a new era of exponentialgrowth and rapid development under the leadership of our visionary Prime Minister ShriNarendra Modi. This will undoubtedly open up new and unprecedented business opportunitiesin the country

We would like to take this opportunity to share with you that we are working on factorsin order to seek maximum customer satisfaction and as well our well-known existence amongthe market on the basis of the following factors: "Have you finalized your paymentsolutions provider?" "Are you happy with the services?" "Or there'sanything more that you are looking for in the future as this segment evolves?""Write to us and we'd be happy to discuss"

Further the Company has its involvement into financing the other organization andfurther from the upcoming financial year into Agri-business Finance to organic productswhich is most marketable and in desire in market by the consumer.

While our Management team & employees took significant initiatives to improve theoperating performance market challenges offset the benefits of internal improvementefforts leading to significant profit erosion. Our in-house testing labs are equipped withworld class testing software's and our quality control team works independently toguarantee that there is no compromise on the quality of service that we deliver.

Finally I would like to take this opportunity to thank you as the shareholders of theCompany for your support & motivation to the Company during the year. I would alsolike to thank all the stakeholders various national & provincial governments withwhom we have been working further shall appreciate the employees staff and Unions ofGLLFL who have stood by the Company.

I look forward to their continuous dedication and support in the future.

Yours Sincerely

Sd/-

Divya Singh Kushwaha

Managing Director

DIN: 07286908

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