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Pioneer Agro Extracts Ltd.

BSE: 519439 Sector: Others
NSE: N.A. ISIN Code: INE062E01014
BSE 00:00 | 03 Mar Pioneer Agro Extracts Ltd
NSE 05:30 | 01 Jan Pioneer Agro Extracts Ltd
OPEN 8.75
PREVIOUS CLOSE 8.75
VOLUME 50000
52-Week high 9.40
52-Week low 8.55
P/E 14.34
Mkt Cap.(Rs cr) 4
Buy Price 8.75
Buy Qty 5000.00
Sell Price 8.75
Sell Qty 25000.00
OPEN 8.75
CLOSE 8.75
VOLUME 50000
52-Week high 9.40
52-Week low 8.55
P/E 14.34
Mkt Cap.(Rs cr) 4
Buy Price 8.75
Buy Qty 5000.00
Sell Price 8.75
Sell Qty 25000.00

Pioneer Agro Extracts Ltd. (PIONAGROEXTR) - Chairman Speech

Company chairman speech

1996 PIONEER AGRO EXTRACTS LIMITED Chairman's Message It gives me a great pleasure to extend to you all a cordial welcome to this fourth Annual General Meeting of your company. I am extremely happy to report that for your company, the year under review was very eventful, and satisfying with creditable and remarkable achievements. Commissioning up of new physical refinery of 30 TPD new vanaspati unit of 20 TPD, 10 TPD of stearic Acid unit, was a landmark in the annals of the company. Oxygen plant with capacity of 150 cylinder per day shall shortly commence production. Company had to face stiff competetion Nevertheless has withstood the challange on the basis of strict quality control & better marketing policies. With the demand of the product on the rise company shall have no problem in marketing the additional production in the market. Company's motto is customer satisfaction and with its yearn for producing quality products, the future looks promising & rewarding. I would now set down the highlights of your company's accomplishments and initiatives during the year under review. * Turnover rose to 5169.98 lacs up from 2438.29 lacs in the previous year registering a growth of 112%. * Profit after tax rose by 47% from 69 lacs to 100.83 lacs. * Company started commercial production for the following : 1) 20 TPD Vanaspati 2) 30 TPD Refinery 3) 10 TPD Stearic Acid * Commercial production of oxygen section is on the anvil and it shall start by October 96. I assure shareholder that company shall continuously strive for providing better quality product to the consumers, and better results to you. With your co-operation your company will grow from strength to strength. In conclusion, I take this opportunity to express gratitude on behalf of the company and on my own behalf to financial institutions, Banks for their unstinted support and co-operation and look forward to the same in the coming years. M.P. Aggarwal Chairman