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Oberoi Realty Ltd.

BSE: 533273 Sector: Infrastructure
NSE: OBEROIRLTY ISIN Code: INE093I01010
BSE 00:00 | 25 Jan 552.00 -15.25
(-2.69%)
OPEN

598.05

HIGH

600.00

LOW

545.20

NSE 00:00 | 25 Jan 550.75 -16.70
(-2.94%)
OPEN

600.00

HIGH

601.00

LOW

545.30

OPEN 598.05
PREVIOUS CLOSE 567.25
VOLUME 72339
52-Week high 635.05
52-Week low 290.10
P/E 56.50
Mkt Cap.(Rs cr) 20,071
Buy Price 552.00
Buy Qty 6.00
Sell Price 565.00
Sell Qty 100.00
OPEN 598.05
CLOSE 567.25
VOLUME 72339
52-Week high 635.05
52-Week low 290.10
P/E 56.50
Mkt Cap.(Rs cr) 20,071
Buy Price 552.00
Buy Qty 6.00
Sell Price 565.00
Sell Qty 100.00

Oberoi Realty Ltd. (OBEROIRLTY) - Chairman Speech

Company chairman speech

Our developments are conceptualized based on the needs of our customers and have anelement of contemporary design that appeals to the new-age customer.

Dear Shareholders

The new year has been momentous for India in more ways than one. The general electionsthis year construed a big win for growth and stability. The government that had brought inground-breaking reforms and policy changes particularly in the real estate industry isonce again back at the helm with an emphatic mandate. Reforms like GST Insolvency codeRERA and other similar initiatives have put the country on an accelerated path.

The year FY 2018-19 brought in consolidation to the real estate sector as the centralgovernment's transformative agenda of the previous few years started to take effect. Thelong-term impact of these regulatory measures has been largely positive leading tostronger governance transparency and compliance. Moreover the Maharashtra Government'ssustained emphasis on developing infrastructure and improving connectivity has boosted themarket and led to renewed optimism.

At Oberoi Realty we have always embraced challenges and capitalized on opportunities;this has been made possible thanks to our continued focus on technology sustainabilityquality and by fostering an inclusive work culture. Our developments are conceptualizedbased on the needs of our customers and have an element of contemporary design thatappeals to the new-age customer. The spaces we create are built using the latestconstruction methodologies that involve the convergence of global and local practices. Ourfocus on design and execution coupled with strong corporate governance practices hassupported us to meet the expectations despite subdued market sentiments.

With a vision to be a thought leader in transforming the real estate landscape ofIndia we look forward to the corporatization of the sector by collaborating with

global talent to reach global standards and bringing in international best practices toIndia in design construction safety and quality.

As always I am glad that our commitment to follow our vision has rewarded us amplywith our company bagging multiple recognitions both at domestic and internationalplatforms. The appreciation is an affirmation of the work we have done; it also puts morepositive pressure on us to push the envelope to continue to create value for all ourstakeholders.

I would like to thank you for reposing your faith in your organization and standing byus. We have the resources the determination and the resilience to live up to the higheststandards and we will continue to work together with all our stakeholders to create abetter tomorrow for us all.

Wishing you all an exemplary year ahead!

Best Wishes

Vikas Oberoi

Chairman & Managing Director

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