JAYSHREE CHEMICALS LIMITED ANNUAL REPORT 2011-2012 CHAIRMAN'S REPORT Dear Shareholders, Over the years, Jayshree Chemicals Limited has evolved with an ambition to emerge as a leader in the Chlor-Alkali Chemical industry in Eastern India. Fortified with new learning and acumen, we at Jayshree Chemicals Limited have focused to transform our facility to environment friendly Membrane Cell Technology that not only strengthens our foundation but also enhances our productivity. 2011-12 finally marked a year of inspiring accomplishment wherein we started the production at our 'upgraded' facility. The steep rise in cost of power and raw materials dented our profitability, but our mood is upbeat for the future. We know about the rising demand of Aluminium and other user industries, which shows a brighter future ahead for a Company like ours well supported through our experience in the terrain in which we operate. The synergies of our initiatives are linked to match best technology & quality with competitiveness, enhancing customer relationship and building new markets. Our untiring efforts in the past and our wisdom will now translate into stronger & sustained business focus and a growing dependence on consensual decision-making for enhancing shareholder value. Each day is a day to deliver at our Company. Every day, I see how the dedication and hard work of my colleagues is quietly transforming the face of our Company and making its future brighter and prospective. We aspire to come out with the best and deliver on our commitments. With warm regards S.K Bangur Chairman