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Novateor Research Laboratories Ltd.

BSE: 542771 Sector: Consumer
NSE: N.A. ISIN Code: INE08JY01013
BSE 00:00 | 04 Jul 11.95 0
(0.00%)
OPEN

11.95

HIGH

11.95

LOW

11.95

NSE 05:30 | 01 Jan Novateor Research Laboratories Ltd
OPEN 11.95
PREVIOUS CLOSE 11.95
VOLUME 6000
52-Week high 17.07
52-Week low 5.70
P/E 23.90
Mkt Cap.(Rs cr) 6
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 11.95
CLOSE 11.95
VOLUME 6000
52-Week high 17.07
52-Week low 5.70
P/E 23.90
Mkt Cap.(Rs cr) 6
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Novateor Research Laboratories Ltd. (NOVATEORRESEAR) - Chairman Speech

Company chairman speech

Dear Stakeholders

The past 12 – 15 months have certainly been among the most challenging of times weas a human race have encountered in a long time. The pandemic in some form or manner hasaffected every one of us directly or indirectly. While there remains uncertainty in thecontext of a third or even a fourth wave our commitment of reimagining a healthier futurefor our people the communities we serve and our planet has only strengthened.

A year of extreme economic challenges for the world a situation aggravated almostbeyond measure by the unprecedented COVID-19 pandemic your Company continued to play onits strengths and posted almost stable financial performance. I would like to extend mysincere gratitude to each and every team member of Novateor Research Laboratories Limitedfor their relentless efforts who have responded beyond their call of duty during thenationwide lockdown. Our teams have demonstrated a strong sense of responsibility and haveensured that we continue with business as usual despite the hardship. The Company isleading the development of novel personal care products that are intended to provide safeeasy and innovative approach to the existing traditional personal care solutions. AtNovateor Research Facility we develop products that could provide significant clinical aswell as commercial advantage. The manufacturing facility located at Sanand TalukaAhmedabad District is well equipped with the state of the art building structuremachineries and technology. Through the semi-

Automation of our manufacturing processes are able to reduce reliance on manual laborsand raw materials wastage. The company is in advanced stage of undertaking construction ofnew unit to manufacture its wide range of products at Sanand GIDC Ahmedabad. Once theunit becomes operational the company will cater to additional category of clients andcustomers under the dental segment by way of addition of new products and equipment.Company's current Teeth Whitening products are sold under brand name . It manufacturesthree different variants of Teeth Whitening Strips Teeth whitening Toothpaste Kid'stoothpaste with two variants Kid's tongue cleaner. Our products are first of a kind inIndia in teeth whitening industry with FDCA approval. Our Company intends to expand itsbusiness in cosmetics various health care pharma products and specialty pharma in thenear future. Company's Customer base consists of well trained highly skilled andexperienced Dentists. Dentists and other end users have found our products to beinnovative user friendly safe pocket friendly and very effective results vis--vistraditional teeth whitening products. We cherish the long-lasting and time-testedrelationships with our customers employees regulators business partners governmentlenders and other stakeholders. In conclusion I would like to thank our business partnersand other stakeholders for their continued faith in our abilities and their constantsupport. We will continue to create long-term sustainable value for all by beingconsistent and flexible and I look forward to an exciting journey ahead together.

Warm Regards

Navdeep Subhashbhai Mehta

Managing Director

.