Our goal is to consolidate our position as one of the leading manufacturers of cottonwith an accent on future projections to achieve a strong profitability.
In a span of 15 years of concerted efforts the foundations are firmly set. TodaySantaram Spinners Limited is one single family of about 150 strong dedicated and motivatedworkforces striving towards enviable success and a brighter future.
In this Annual Report we have shared information and made forward looking statementsto enable investors to know our product portfolio business logic and direction andthereby comprehend our prospects. Such and other statements - written and oral - that wemay periodically make are based on our assumptions. We have tried wherever possible toidentify such statements by using words such as 'anticipate' 'believe' 'estimate''intend' 'plan' 'project' or words of similar substance in connection with anydiscussion of future performance. We cannot guarantee that these forward lookingstatements will be realized although we believe we have been prudent in our assumptions.The actual results may be affected because of uncertainties risks and even inaccurateassumptions. If uncertainties or known or unknown risks materialize or if underlyingassumptions prove inaccurate actual results can vary materially from those anticipatedbelieved estimated intended planned or projected. We undertake no obligation topublicly update any forward looking statements whether as a result of new informationfuture events or otherwise.
KALYANBHAI J. SHAH
CHAIRMAN & MANAGING DIRECTOR