I have great pleasure in warmly welcoming you to this 24th Annual General Meeting andit is my pleasure to to once again share with you the details of performance of yourCompany in past one year and way forward for future.
During the Financial Year 2018-2019 The Company's consolidated income was Rs. 95.73Lacs and standalone income was Rs. 85.63 Lacs. The Year that passed was challenging onewith reasonably better performance by the Company. Uncertainty of Market and ups &downs of Indian as well as slow Global Economy gives a lot of challenge to survive in thiscompetitive world of Broking Industry.
In last phase we focused on establishing strong foundations in these businesses throughinvestments which could generate long-term benefits and built following products toenhance customer delight.
Equity Advisory Product IGSL Elite
Started Margin Trading Facility to give more leverage to Clients. Introduce EKYC tosmoothen KYC account opening in minimum time. Started Mutual Fund distributions Registeredas a Research Analyst
Your Company will be able to seize the opportunities presented by the challenges in thedynamic market and also protect itself from challenges posed by dynamic and volatileMarket. Change has become the norm of the day and for us to retain our position it isessential to have a multi-pronged approach to remain future-ready. Towards this end wecontinue to work on: Taking advantage of innovations and high-end technology b) Committingto sustainable and responsible growth and c) Building future-ready capabilities
The Subsidiaries of Our Company have scaled up their performances which are commendablein nature despite multiple challenges presented by the external environment change inGovernment and its Policies. Building on core strengths of the Group and unparalleledindustry insights of our leadership the Group continued to focus increasingly on highervalue addition to its stakeholders.
I would like to take this opportunity to thank our Valued Customers Suppliers Bankersand all our Stakeholders including the Shareholders for their continued support toInventure Group. I earnestly request them to extend the same cooperation and support withsame enthusiasm.
To all my colleagues I have a special message I have been saying time and timeagain "Change is the only constant". There is always room for improvement no matter how long we have been in business. I earnestly request each one of you toembrace change focus on your deliverables help one another to meet the targets we setfor ourselves together; in short be worthy ambassadors carrying forward theInventure legacy.
Thanks & Regards
Shri Kanji B. Rita
(Chairman & Managing Director)
Inventure Growth & Securities Limited