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Himadri Speciality Chemical Ltd.

BSE: 500184 Sector: Industrials
NSE: HSCL ISIN Code: INE019C01026
BSE 00:00 | 17 Jan 72.40 1.60
(2.26%)
OPEN

71.95

HIGH

73.90

LOW

71.25

NSE 00:00 | 17 Jan 72.45 1.65
(2.33%)
OPEN

71.65

HIGH

73.80

LOW

71.25

OPEN 71.95
PREVIOUS CLOSE 70.80
VOLUME 302918
52-Week high 135.80
52-Week low 54.10
P/E 10.73
Mkt Cap.(Rs cr) 3,031
Buy Price 72.40
Buy Qty 100.00
Sell Price 72.40
Sell Qty 682.00
OPEN 71.95
CLOSE 70.80
VOLUME 302918
52-Week high 135.80
52-Week low 54.10
P/E 10.73
Mkt Cap.(Rs cr) 3,031
Buy Price 72.40
Buy Qty 100.00
Sell Price 72.40
Sell Qty 682.00

Himadri Speciality Chemical Ltd. (HSCL) - Chairman Speech

Company chairman speech

Dear shareholders

At himadri we have always aimed at increasing shareholder valuesthrough an effective use of the resource potential and by brining strategies into action.The establishment of new sources of business growth and a maximum return on investment innew projects is the key objective that we drive through as a theme for the next year. Thisis largely a reflection of the company's effective management and the high quality ofthe decisions made while clearly adhering to the path specified in the long-term strategy.Official gdp data shows that

India has lost its fastest-growing economy tag to china in the lastquarter of 2018-19. India's gdp estimate for the entire financial year 2018-19 was6.8% which is marginally higher than previous year. However the potential investmentclimate and the growth drivers always throw upon an encouraging picture of our economy.With the same government continuing for its second term there will be further measuresand reforms to strengthen the indian business scenario. India will look to ascend itsrankings amongst the world's largest economies its contribution to global gdp growthmomentum will also increase. India will also play an increasingly important role as one ofthe asia-pacific region's major economic growth engines helping to drive asianregional trade and investment flows.

The transformation journey at himadri shall further strengthen ourpositioning as one of the most valuable and integrated speciality carbon chemical company.Our constant endeavours to ask ourselves what next keep us engaged in evolving ourbusiness model further. Besides our thrust on r&d has always driven innovation todevelop newer grades for next generation products. We are geared up for an increasingglobal play where large part of our revenues will be contributed by the global marketsthrough our next big business lines – acm and scb.

Our business concept is built on responsibility and a long-term viewconsidering both financial stability and reducing the environmental impact. An importantpart of our business is offering products with as minimal negative impact on theenvironment. Besides that our organisation has successfully built a positive workculture. Engaged supported and performance-focused people drive our business success.Fostering a culture of respect and performance is key to himadri becoming a world-classcompany.

As a socially responsible company himadri structures its businessdevelopment strategy in a symbiotic relationship with the sustainable development goals ofthe united nations (un). The company's priorities include organising safe productionas well as the occupational health and safety of its employees.

In closing i would like to express our gratefulness to you dearshareholders for your support and your loyalty to himadri. We will do everything in ourpower to ensure that the company remains on its successful course.

Best wishes
Bankey lal choudhary
Chairman