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Panache Innovations Ltd.

BSE: 538742 Sector: Others
NSE: N.A. ISIN Code: INE516E01019
BSE 00:00 | 05 Aug 20.10 0
(0.00%)
OPEN

20.10

HIGH

20.10

LOW

20.10

NSE 05:30 | 01 Jan Panache Innovations Ltd
OPEN 20.10
PREVIOUS CLOSE 20.10
VOLUME 100
52-Week high 43.05
52-Week low 20.10
P/E 335.00
Mkt Cap.(Rs cr) 9
Buy Price 20.25
Buy Qty 25.00
Sell Price 20.10
Sell Qty 11.00
OPEN 20.10
CLOSE 20.10
VOLUME 100
52-Week high 43.05
52-Week low 20.10
P/E 335.00
Mkt Cap.(Rs cr) 9
Buy Price 20.25
Buy Qty 25.00
Sell Price 20.10
Sell Qty 11.00

Panache Innovations Ltd. (PANACHEINNOVAT) - Chairman Speech

Company chairman speech

Dear Shareholders

I'm delighted to present to you the Annual Report of our Company for the year 2018-19.We believe this will supplement our understanding of how our Company's strategygovernance performance and prospects create value for all its stakeholders over theshort medium and long term.

I have taken the position as Non-Executive Chairman of the Board introducing our newexecutive team Mr. Prakash Vichhivora as Managing Director and Mr. Hetal Vichhivora asWhole-Time Director & Chief Financial Officer of our Company to lead our Company'sgrowth initiatives. I continue to lead efforts for improving the collective functioning ofthe Board. Our new management team comes with an aggressive and ambitious goals. The Boardbelieves that these goals are eminently achievable through game changing initiatives to beviewed in the context of significant external and internal challenges.

Our ongoing expansion strategy includes expanding consumer electronic product rangestrengthening the Distribution Network. Engaged in the distribution business our companyhas in the year 2019-20 partnered with renowned brands for distribution that provides anexclusivity to our company to create a niche in the market.

The wide spectrum of products offered through multiple reputed partners enables us toachieve economies of scale and provide customers a single sourcing window.

As I close my message I would just like to add our Company is looking forward to anexciting and extremely positive year 2019-20. You are likely to see our Company make astrong bid in both traditional as well as emerging markets.

I would like to thank each one of you for being our mainstay during the challengingtimes and enabling us to build a strong success story despite adversity. Now join me as weemerge our journey into the future a future where you can expect to see our Companydeliver enhanced benefits to its entire ecosystem of shareholders customers investorsemployees and partners.