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HOV Services Ltd.

BSE: 532761 Sector: IT
NSE: HOVS ISIN Code: INE596H01014
BSE 00:00 | 03 Apr 23.95 -0.25
(-1.03%)
OPEN

24.00

HIGH

24.00

LOW

23.30

NSE 00:00 | 03 Apr 23.65
(%)
OPEN

23.80

HIGH

23.80

LOW

23.10

OPEN 24.00
PREVIOUS CLOSE 24.20
VOLUME 74
52-Week high 171.70
52-Week low 22.25
P/E 29.94
Mkt Cap.(Rs cr) 30
Buy Price 23.00
Buy Qty 20.00
Sell Price 25.35
Sell Qty 200.00
OPEN 24.00
CLOSE 24.20
VOLUME 74
52-Week high 171.70
52-Week low 22.25
P/E 29.94
Mkt Cap.(Rs cr) 30
Buy Price 23.00
Buy Qty 20.00
Sell Price 25.35
Sell Qty 200.00

HOV Services Ltd. (HOVS) - Chairman Speech

Company chairman speech

Dear Members

I am pleased to welcome you to the 31st Annual GeneralMeeting of your Company and share with you its 31st Annual Report for FY2018-19.

This past year continues to be an eventful one.

With your support and trust your Company continues to be an investorin Exela Technologies Inc. ("Exela"). Exela is a business process automation(BPA) leader leveraging a global footprint and proprietary technology to provide digitaltransformation solutions enhancing quality productivity and end-user experience. Withdecades of expertise operating mission-critical processes Exela serves a growing rosterof more than 4000 customers throughout 50 countries including over 60% of the Fortune100. Through cloud-enabled platforms built on a configurable stack of automation modulesand over 22000 employees operating in 23 countries.

Your Company needs to continuously evolve and adapt and in thatspirit as of May 30th I have stepped down as Chairman but continue to serveas its Executive Director. The Board of Directors' have unanimously appointed Mr. VikramNegi to be the new Chairman of your Company. Mr. Negi brings vast experience and I amconfident that he will continue to build on our successes. I thank all my fellow membersof the Board for their unanimous support & encouragement through the years.

Lastly on behalf of the Company's Board of Directors I would like toexpress my sincere thanks to each one of our members employees customers authoritiesand regulators.

May this coming year be our best one so far.

Best regards
Sunil Rajadhyaksha
Chairman & Executive Director