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Jiya Eco-Products Ltd.

BSE: 539225 Sector: Others
NSE: JIYAECO ISIN Code: INE023S01016
BSE 00:00 | 28 Feb Jiya Eco-Products Ltd
NSE 05:30 | 01 Jan Jiya Eco-Products Ltd
OPEN 3.61
PREVIOUS CLOSE 3.61
VOLUME 3377
52-Week high 7.47
52-Week low 2.52
P/E
Mkt Cap.(Rs cr) 11
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 3.61
CLOSE 3.61
VOLUME 3377
52-Week high 7.47
52-Week low 2.52
P/E
Mkt Cap.(Rs cr) 11
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Jiya Eco-Products Ltd. (JIYAECO) - Chairman Speech

Company chairman speech

Dear Shareholders

It gives me an immense pleasure in putting forward before you theAnnual Report for the Financial Year 2018-19.

Jiya Eco Products Limited celebrated four years of its listing on BSEplatform on July 16 2018. Company got migrated to main board of BSE Platform with effectfrom February 08 2018.

F.Y. 2018-19 a year which will be remembered as a year of greatsuccess the total income of the Company has increased significantly from Rs. 91.82 crorein the previous year to Rs. 170.23 crore in 2018-19 respectively the profits of theCompany have also increased from Rs. 8.44 crore to Rs. 14.02 crore.

During the F.Y. 2018-19 the company had two subsidiaries i.e. Jiya EcoIndia Limited and Jiya Eco (Gandhidham) Private Limited.

As mentioned in previous year in letter to shareholders and in AnnualReport regarding Jiya Eco India Limited (wholly owned subsidiary) have a project plan toinstall about 1500-2000 stoves and/or burners we are moving towards the same with greatpace and the said will be achieved within time span of 2 years. Further manufacturingfacility in Gandhidham was to be carried out in Jiya Eco (Gandhidham) Private Limited butthe management decided to carry out manufacturing in Jiya Eco India Limited to cater theneeds of the retail customers.

The company has the tendency to reward its shareholders either by issueof Bonus Equity Shares and/or by declaring Dividend on equity shares of the Company.During the year under review the Company has issued and allotted Bonus Equity Shares inthe Ration of 1:1 (One Bonus Share for every One Share held by the Shareholder as onRecord Date). The Board of Directors have recommended Final Dividend of Rs. 0.20 each onEquity Share (subject to the approval of Shareholders in the Annual General Meeting).

HONOURED LISTING ON NSE PLATFORM

First half of 2019-20 has been considered as a year of success andachievements. In one of a circular issued by National Stock Exchange Limited datedAugust 16 2019 Saturday have honoured and permitted Jiya Eco-Products Limited andsecurities of other 13 Companies to trade and admitted to deal on the exchange. Suchcircular was effective from Monday August 19 2019.

Various Points would have been considered by the National StockExchange Limited before honouring 14 such Companies including Jiya Eco-Products Limited.Our Company has always complied with all the Compliances that were applicable and hadalways complied with all the Corporate Governance requirements.

Jiya Eco-Products Limited is thankful to the National Stock ExchangeLimited for such honoured Listing.

NSE Symbol: JIYAECO ISIN: INE023S01016

(Download ref. No.: NSE/CML/41893 and circular ref. no.: 0693/2019)https://www.nseindia.com/content/circulars/CML41893.pdf

We would like to place on record sincere gratitude and appreciationtowards the employees for their hard work co-operation and dedication at all levelsduring the year.

We would also like to convey sincere gratitude towards our customersshareholders suppliers as well as bankers regulatory and government authorities fortheir continued support.

Bhavesh Kakadiya

Managing Director

DIN: 05147695

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