It's a delightful moment for me to meet your through this communique to share with yousome significant messages of your Company.
Your Company is one of the pioneer small players in the electrical industry and hasbeen delivering consistent quality performance in its products since many years with itsdue attention to ever changing requirements and choices of the Customers.
Now your Company has distinctive Brand Equity and strong recognition in the marketwhich is core strength and strong foundation for growth in the days ahead.
The growth of your Company both at Sales level and Profit level are almost range boundin the last several years owning to certain limitations in using its inherentcapabilities.
Now the Changes have come. In July 2019 Your Company has been taken over by one ofthe Major players in the electrical industry Salzer Electronics Limited who could navigateyour Company with its deep rooted business acumen and structural business model. So It'sa great fillip to your Company to be being a more focus oriented in its operation andwould drive value to the business.
Hope this is a new beginning in the growth story of your Company and would prosper wellunder dynamic support of Salzer.
Chandra Prakash Jain
Whole Time Director (DIN : 07337778)