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Mindtree Ltd.

BSE: 532819 Sector: IT
NSE: MINDTREE ISIN Code: INE018I01017
BSE 00:00 | 27 Oct 4580.95 31.40
(0.69%)
OPEN

4620.00

HIGH

4636.45

LOW

4530.00

NSE 00:00 | 27 Oct 4581.60 30.70
(0.67%)
OPEN

4589.00

HIGH

4635.00

LOW

4527.60

OPEN 4620.00
PREVIOUS CLOSE 4549.55
VOLUME 33261
52-Week high 4937.15
52-Week low 1283.00
P/E 54.48
Mkt Cap.(Rs cr) 75,499
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 4620.00
CLOSE 4549.55
VOLUME 33261
52-Week high 4937.15
52-Week low 1283.00
P/E 54.48
Mkt Cap.(Rs cr) 75,499
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Mindtree Ltd. (MINDTREE) - Chairman Speech

Company chairman speech

Chairman's message

Rising to the challenge

Your company is helping businesses reimagine customer engagementdigitize their supply chain and fast-track their turnaround using analytics to makeinformed decisions faster.

Dear Shareholders

The second surge of the coronavirus is proving to be an even moredaunting challenge than the It continues to overturn many of the assumptions we had beenliving with and has highlighted a greater need for pragmatism and resilience while dealingwith a pandemic of this scale. At this juncture we need to consciously work towardsbolstering our resolve remind ourselves of our collective strength and reaffirm ourfaith in a better future. At Mindtree our top priority has always been to ensure thesafety and health of our team while safeguarding the interests of the communities in whichwe operate and the clients we serve.

Technology and its many enabling features have been recognized asindispensable through the pandemic. It has enabled access to education and healthcaremade it possible for critical operations to continue amid physical isolation and changedour very concept of a ‘workplace'. I see this trend gathering pace in the timesto come. Accelerated digital transformation and business models leveraging technology attheir core are now being seen as vital for sustenance. Enterprises are rapidly adapting todigital and cloud which act as the primary levers for every transformation journey.

You will be happy to know that your company is among the onesspearheading this change.

We are leveraging digital capabilities to create sustainable solutionsfor our clients to catalyze social growth and promote climate action. We have alsore-configured our operations into a 4x4x4 model – honing our strengths along thefollowing: four key verticals and four service lines in four geographies. This strategyprovides a balanced approach to serve customer needs and grow while drivingprofitability. It is also in sync with the evolving dynamics of the market.

Your company is helping businesses reimagine customer engagementdigitize their supply chain and fast-track their turnaround using analytics to makeinformed decisions faster. The focus is on driving higher customer lifetime value andidentifying top-quality leads to enhance conversion. With more businesses switching toenterprise applications in the cloud there are sure to be bigger opportunities opening upfor first. your company. With its digital lineage Mindtree has earned the trust of itsclients and is seen as a partner in their own growth stories.

By simplifying differentiating and adapting to changing businessmodels and technology paradigms your company has grown from strength to strengthbecoming a preferred partner for clients worldwide. This is evidenced in the increasedrecognition we received this year for our capabilities in emerging technologies likedigital engineering and IoT from analysts along with our consistently high customersatisfaction scores.

Given the highly competitive environment we must continue to evolveour business and culture while constantly re-examining our role in society and stayingtrue to our purpose. Mindtree is well-positioned to leverage its reputation and focus oncutting-edge technologies to emerge as a digital transformation partner for clients in thenew normal.

I am happy at the way the Company under the leadership of DebashisChatterjee and his team has risen to the occasion and dealt with the unprecedentedchallenges of the past year. Together we will continue to innovate remain alert andnimble and sustain our record of success.

Wish you all safety and good health.
Regards
A M Naik
Non-Executive Chairman

.