Dear Shareholders

It is with a great sense of pride that I write to you after being appointed as theChairman of this exceptional Company. Since 2010 I had the privilege of leading thisorganization in an executive capacity; it has been an exhilarating journey.

The commitment and passion of a diverse global employee base helped your Companyexhibit strong leadership during this period against the backdrop of immense volatilityin our key markets and the world economy. Amidst the rise of new technologies yourCompany remained focused on staying relevant to customers employees and the society atlarge.

Since October 2010 our Promoters - Directors have been involved in the field of BPOservices. Your Company is led by a strong management team with sound experience andexpertise in the industry. Their combined skills and understanding of the business hasbeen instrumental in building a sustainable businessmodel. Our experienced directors havein-depth knowledge of the products and industry in which we operate. The key managerialpersonnel consist of persons qualified in their respective fields and providecomplementary support to the successful implementation of management strategies. Webelieve that our strong business practices and reputation in the industry has not onlyenabled us to meet the expectations of our customers but also helped us to sustain in thecompetitive business environment. We benefit from the experience of the individualPromoters-Directors and core management team which has enabled us to successfullyimplement our growth strategies.

Your company has developed a comprehensive range of service issuing in order to addressthe varied and expanding requirements of clients. Our service to cater the needs ofTelecommunication and Banking Sector Data Management Storage And Retrieval Of DataHandling Of Customer Application Forms ("CAF") including Address and Creditverification (CV) and (AV) of information as mentioned in such forms and others activitiesincidental or ancillary thereto etc.. We believe that our comprehensive range of Issuinghelps clients to achieve their business objectives and enable us to obtain additionalbusiness from existing clients as well as address a larger base of potential new clients.

With the huge opportunities ahead I am very excited about the future and sincerelybelieve that RCSPL's best days are yet to come. On behalf of the entire Board of Directorsof RIDDHI CORPORATE SERVICES LIMITED I would like to thank you – our valuedstakeholders – for the continuing confidence you have placed in the organization.