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Jindal Drilling & Industries Ltd.

BSE: 511034 Sector: Oil & Gas
NSE: JINDRILL ISIN Code: INE742C01031
BSE 09:48 | 28 Jun 184.00 4.30
(2.39%)
OPEN

180.40

HIGH

185.00

LOW

179.90

NSE 09:39 | 28 Jun 183.30 4.70
(2.63%)
OPEN

180.00

HIGH

185.80

LOW

180.00

OPEN 180.40
PREVIOUS CLOSE 179.70
VOLUME 1069
52-Week high 273.00
52-Week low 114.50
P/E 8.24
Mkt Cap.(Rs cr) 533
Buy Price 183.05
Buy Qty 2.00
Sell Price 184.10
Sell Qty 33.00
OPEN 180.40
CLOSE 179.70
VOLUME 1069
52-Week high 273.00
52-Week low 114.50
P/E 8.24
Mkt Cap.(Rs cr) 533
Buy Price 183.05
Buy Qty 2.00
Sell Price 184.10
Sell Qty 33.00

Jindal Drilling & Industries Ltd. (JINDRILL) - Chairman Speech

Company chairman speech

Dear Shareholders

I hope you are doing well and keeping safe and healthy. During FY 2020-21 the countrywas reeling under COVID-19 pandemic. It not only disrupted normal life but caused seriousdamage to economic systems all over the world. It was a testing time for your Companyalso. Notwithstanding the major logistic challenges in the wake of lockdown the employeesof your Company demonstrated unprecedented leadership. I am pleased to inform you thateven in complete lockdown situation our determined employees maintained operationalactivities at optimal level. The Management of your Company also ensured complete supportfor operations which led to this exemplary performance.

The current financial year has started on a strong note with five rigs in fulloperation. This is extremely positive. With growing energy demand Indian market continuesto draw more attention towards offshore exploration and production generating moreprojects and opportunities from our key customers. Government of India has initiated manynew schemes to boost Oil & Gas sector and provide thrust to the economy which hasresulted in enhancing of demand. The premium Rig fleet of your Company remainsadvantageously positioned and has created strong presence in India.

Your Company continues to review the value chain in every step of the operation processwithout compromising on safety standards required to match international standards. YourCompany is actively looking for international business expansions and exploring newcontracts for jack-up rigs Directional Drilling and Mud logging units outside India TheCOVID-19 pandemic continues to impact each one of us and the country has sailed wellthrough the 2nd wave which was extremely challenging. Though the risk and uncertaintiesimposed by a possible third wave cannot be ruled out however with increased vaccinationand proactive action of government the effect of the same should be neutralized.

I would like to put on record the excellent contribution of all employees of theCompany and frontline workers who are fighting day in and day out to keep the rigsoperational. This includes employees of your company clients service providers who areconstantly working hand in hand to ensure uninterrupted service and are workingtirelessly to serve the customers communities shareholders and your Company. I expressmy sincere gratitude to all the Board Members and assure our shareholders that we shallalways endeavor to maintain our leadership position as a drilling contractor.

Thanking you

D P Jindal

.