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Praveg Communications (India) Ltd.

BSE: 531637 Sector: Others
NSE: N.A. ISIN Code: INE722B01019
BSE 00:00 | 12 Aug 154.35 -15.40
(-9.07%)
OPEN

171.50

HIGH

171.50

LOW

137.95

NSE 05:30 | 01 Jan Praveg Communications (India) Ltd
OPEN 171.50
PREVIOUS CLOSE 169.75
VOLUME 9120
52-Week high 182.60
52-Week low 101.50
P/E 23.32
Mkt Cap.(Rs cr) 285
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 171.50
CLOSE 169.75
VOLUME 9120
52-Week high 182.60
52-Week low 101.50
P/E 23.32
Mkt Cap.(Rs cr) 285
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Praveg Communications (India) Ltd. (PRAVEGCOMM) - Chairman Speech

Company chairman speech

Dear and Esteemed Fellow Shareowners

Even in the midst of the most tumultuous time that the world has seenin over a century we can look at Praveg's performance for fiscal 2021 with quietsatisfaction. Praveg has delivered industry-leading growth and is in pole position foranother year of market-leading performance.

The trust of our clients and the dedication of our employees havehelped us achieve extraordinary results. The Company achieved Revenue of Rs. 45.70 croresand Profit of Rs. 10.80 crores for the year. The Company announced a dividend payout ofRs. 7.39 crores.

What is setting us apart from the rest of our contemporaries Inspiringleadership backed by our vision for continuous development. Our long and eventful historyour strong presence in the Event Industry the methodical expertise of our people butmost of all our dedication and hard work give us the strength to carry on successfullyand to keep enhancing our position against the competition.

Moving forward the Company is focusing on growing its business with akeen focus on nation building. Expansion of the Company's portfolio is the first steptowards achieving sustainable growth. This year was dedicated to launching successfullyinto Real Estate Marketing Services. In the foreseeable future the Company willstrategically widen its services into other areas like Hospitality.

We are committed to be a good corporate citizen and invite ourstakeholders to work hand in hand with us to benefit the communities where we can build acompany with a soul.

On the occasion of our Company's 26th AGM I would like to express myheartiest gratitude to the employees of Praveg for their continued support hard work andcommitment. I would like to thank the Board of Directors Valued Shareholders BankersFinancial Institutions Business Partners and other Stakeholders for their continuedguidanceand support.

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