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Lords Chloro Alkali Ltd.

BSE: 500284 Sector: Industrials
NSE: MODIALKALI ISIN Code: INE846D01012
BSE 14:24 | 22 Jun 36.75 -0.75
(-2.00%)
OPEN

35.20

HIGH

38.00

LOW

35.20

NSE 05:30 | 01 Jan Lords Chloro Alkali Ltd
OPEN 35.20
PREVIOUS CLOSE 37.50
VOLUME 1749
52-Week high 45.00
52-Week low 27.70
P/E
Mkt Cap.(Rs cr) 92
Buy Price 36.75
Buy Qty 66.00
Sell Price 38.50
Sell Qty 30.00
OPEN 35.20
CLOSE 37.50
VOLUME 1749
52-Week high 45.00
52-Week low 27.70
P/E
Mkt Cap.(Rs cr) 92
Buy Price 36.75
Buy Qty 66.00
Sell Price 38.50
Sell Qty 30.00

Lords Chloro Alkali Ltd. (MODIALKALI) - Chairman Speech

Company chairman speech

Dear Members

It is a matter of great happiness in sharing that your Company has achieved highestrevenue growth and profit ever for the year ended March 2019. The Company achieved aTurnover of Rs. 25113.56 lakhs which is an increase of 51.33% as compared to Revenue ofRs. 16594.74 lakhs in the previous year. Profit after tax is Rs. 2298.92 lakhs withincrease of 171.34% as compared to Profit after tax 815.67 in the previous year. It is dueto the consolidated effort teamwork dedication and commitment of all the employees ofthe Company vision and direction of the management and support of all our customerssuppliers and bankers.

The current financial year is full of challenges as the economy is slowing down whichmay impact the profitability of the sector. The Company is hopeful that this will be asmall blip and the economy will bounce back to its previous pace of growth.

Your Company has carried modernization of the plant with replacement of twoElectrolyser based on latest zero gap NCZ technology by AKCC Japan to reduce the powerconsumption. This completes the cycle of modernization of the existing facilities whichnow are operating on the latest technology available in the world.

The Company has been certified for ISO 9001 14001 and 45001 by international auditagencies this year.

We remain committed to ensure the highest standards of corporate governance and socialresponsibility.

We would like to take this opportunity to thank each and every employee as well as allour raw material suppliers customers and other stakeholders.

Most importantly We would like to thank you our shareholders for your overwhelmingtrust support and confidence in the Company.

With Warm Regards

Ajay Virmani

Managing Diretor