On behalf of the Board of Directors it is my pleasure to present to you Hasti FinanceLimited's 25th Annual Report for the financial year ended 31st March2019.
Hasti Finance Ltd was founded in 1994 by the erstwhile promoters. Your presentmanagement has taken the reins in their hands in late 2010 with a mission to participatein the growth of the nation through financial assistance to its core participantsempowering the nation's true wealth its people through personalized and business financeto growing enterprises and individuals by becoming a leading finance company providingservices to middle class & poor sectors of urban semi urban and rural India.
With the clear mission in our mind we have made every possible effort to create easeto the people such as lowering of interest rates cutting down on margins minimizingburden of penalty allowing moratorium for projects which have potential to grow in lateryears if allowed ease in their crucial period of establishing the potential projects.
During the Course of this journey I believe we have brought professionalism in termsof setting standards and ethics and organizational qualities to an industry largelydominated by unorganized players.
With the support from our stakeholders we will continue to strive towards building amore sustainable business and enhancing shareholders value in the near and long term.
Nitin P. Somani Chairman