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Rithwik Facility Management Services Ltd.

BSE: 540843 Sector: Others
NSE: N.A. ISIN Code: INE819Y01015
BSE 00:00 | 13 May 55.10 0
(0.00%)
OPEN

55.10

HIGH

55.10

LOW

55.10

NSE 05:30 | 01 Jan Rithwik Facility Management Services Ltd
OPEN 55.10
PREVIOUS CLOSE 55.10
VOLUME 3000
52-Week high 78.00
52-Week low 52.05
P/E 19.54
Mkt Cap.(Rs cr) 17
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 55.10
CLOSE 55.10
VOLUME 3000
52-Week high 78.00
52-Week low 52.05
P/E 19.54
Mkt Cap.(Rs cr) 17
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Rithwik Facility Management Services Ltd. (RITHWIKFACILITY) - Chairman Speech

Company chairman speech

Dear Shareholders

Welcome to the 11th Annual General Meeting of Rithwik Facility Management ServicesLimited. On behalf of the Board of Directors I thank each of you for joining us.It givesme immense pleasure to present the Annual Report for the financial year ending 31stMarch2021 along with the Board’s Report Audited Annual Accounts and the Auditor’sReport of Your Company.

The India Facility Management Market is anticipated to record a CAGR of 24% over theforecast period (2021 - 2026). The country's facility management sector is a fragment asmost of the facilities in the country rely on in-house operations for their maintenanceand building management processes.The growing emphasis on outsourcing of non-coreoperations and growth in the real estate sector is expected to drive the Indian market forfacility management services. Along with this the government regulation on safety measuresand environmental concerns to follow green practices is expected to drive the market.

I am pleased to inform you that we are conforming to this path of growth with ''renewedvigour and commitment'' and will continue to build a strong and contemporary portfolio inFacility Management industry. We are indeed committed in generating sustainable value forall our stake holders through more innovation greater efficiency and profitable growth.

My heart full of thanks to our shareholders all employees bankers regulatory bodiesgovernmental administration business associates customers and all other stakeholders forbeing firm partners in the Company's growth. I am convinced that with your continuedsupport the Company can confidently look forward to another bright year ahead.

Yours sincerely

Rithwik Rajshekar Raman

Managing Director

DIN-07836658

.