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Orissa Bengal Carrier Ltd.

BSE: 541206 Sector: Others
NSE: N.A. ISIN Code: INE426Z01016
BSE 00:00 | 23 Jul 41.50 6.90
(19.94%)
OPEN

41.15

HIGH

41.50

LOW

37.35

NSE 05:30 | 01 Jan Orissa Bengal Carrier Ltd
OPEN 41.15
PREVIOUS CLOSE 34.60
VOLUME 400000
52-Week high 41.50
52-Week low 22.40
P/E 14.98
Mkt Cap.(Rs cr) 87
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 41.15
CLOSE 34.60
VOLUME 400000
52-Week high 41.50
52-Week low 22.40
P/E 14.98
Mkt Cap.(Rs cr) 87
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Orissa Bengal Carrier Ltd. (ORISSABENGAL) - Chairman Speech

Company chairman speech

WORDS FROM CHAIRMAN

Dear Shareholders

I present before you your Company's Annual Report for the Financial Year 2019-20.

I am pleased to report another year with conventional performance achieving revenues of'38897.68 Lacs. Though the revenue growth may not appear high given the 'under pressure'market situation the same is acceptable. Your company achieved decent freight volumeduring the year. It missed out on the typical year end surge that gets witnessed duringMarch end every fiscal due to the Covid-19 pandemic.

Adversity is the true test of a Character. The Company has achieved every othermilestone till date and aims to achieve further. We aim to deliver better quality serviceand to deliver on time again and again but in the final days of the year end the purposesthroughout the world has been driven by the nature. The Company prioritised the health andsafety of its employees in this Pandemic.

This is an extraordinary situation of tough times the world has ever come across. Themost affected business industry is the transport and logistics industry due the Covid-19pandemic but problems realises us that we are alive. We are walking through tough timesbut with no loss of enthusiasm. We all are in this together. The Company is committedtowards its social responsibility and is abiding the Government norms and measures alongwith adopting the work from home policy for its employees and paid the salaries in full.Furthermore in this pandemic also we managed and are happy to announce that the Board ofDirectors have proposed a final Dividend of Rs 0.50 per equity share subject to theapproval of the shareholders.

The coming few months will be challenging but the Company always looks forward toexplore some of the untouched sectors of the transport industry to create moreopportunities in the business and moving forward to a more prosperous future by buildingmuch more better relationships and ties across India with all stakeholders our customerscolleagues partners and society.

On behalf of the Board of Directors of Orissa Bengal Carrier Ltd I thank all thestakeholders for continued trust confidence and support.

With Warm Regards
Ratan Kumar Agrawal

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