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BSE: N.A. Sector: N.A.
NSE: N.A. ISIN Code: N.A.
BSE 05:30 | 01 Jan
NSE 05:30 | 01 Jan

. () - Chairman Speech

Company chairman speech

CHAMPAGNE VINEYARDS LIMITED ANNUAL REPORT 2007-2008 CHAIRMAN'S REPORT Dear Fellow Shareholders, This communication marks a new chapter in the life of your Company. The business of the Company has finally gone to a level where you will come across one brand or the other, under which the Company will serve customers across the globe. Consequent to the approval of the Scheme of Arrangement the Company has taken over the business of Food, Retailing and Hotels from erstwhile Indage Hotels Limited. For various reasons there had been a delay in getting approval from the Judicial Authorities for the Scheme of Arrangement. Consequently some of the business plans of the Company have been delayed. However, I am sure that the team management will make up for the lost time in the next 2 years. The Company has looked beyond the frontier of the country for taking their brands & business. I am sure the dedication and devotion of the team will bring success to such efforts. I am indeed proud of the team who has conceived plan to build up the trans border business with ease and comfort. I thank the Board of Directors, the bankers and the stake holders who all have chipped in with their share of enthusiasm in making Indage Hotels a bunch of joy and enthusiasm. Sham Ganpat Chougule Chairman