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Karnavati Finance Ltd.

BSE: 538928 Sector: Financials
NSE: N.A. ISIN Code: INE554R01012
BSE 00:00 | 13 Nov Karnavati Finance Ltd
NSE 05:30 | 01 Jan Karnavati Finance Ltd
OPEN 25.00
PREVIOUS CLOSE 25.00
VOLUME 40
52-Week high 32.00
52-Week low 22.60
P/E 38.46
Mkt Cap.(Rs cr) 25
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 25.00
CLOSE 25.00
VOLUME 40
52-Week high 32.00
52-Week low 22.60
P/E 38.46
Mkt Cap.(Rs cr) 25
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Karnavati Finance Ltd. (KARNAVATIFIN) - Chairman Speech

Company chairman speech

Dear Shareholders

I Jay Morzaria Managing Director of the Company heartily welcome you all tothis 34th Annual General Meeting to be held at Mumbai. We have successfullycompleted one year of listing on Main Board of BSE Limited and I am happy to inform youthat top line of your company has been improved due to increase in financing activities.This improvement in performance was possible mainly on account of continued support ofstrategic investors and farsighted leadership provided by the Board of Directors. This wassupplemented by support at all the levels of operations by all the staff members of yourCompany. I would like to thank the entire management team the entire work force theBankers and also Business Associates for enabling your Company to grow. I have also takenthis opportunity to thank my fellow Directors for their immense efforts in formulating andsteering your Company' strategies and policies. This year as the previous one witnessedhigh volatility in market conditions. Your Company could withstand this only on account ofefforts at all levels. Your Company is presently focusing on improving efficiency and alsoon tackling vibrant and volatile market conditions by adopting different business models.I am confident that your Company will achieve greater heights in the times to come andalso will deliver long term value addition to our shareholders.

Yours sincerely
Jay Morzaria
Chairman & Managing Director
DIN: 02338864