On behalf of the Board of Directors of the Company I welcome you all to the 5th AnnualGeneral Meeting of your Company 'SAB Events & Governance Now Media Limited'. Thejourney of five years has been tremendous with all your support and confidence in us.
This year in the second quarter the business suffered due to the external factors.Despite this your company has continued to perform well benefiting from its continuingdelivery of high-quality editorial content and conferences.
Your company is taking further steps to improve the profitability and continuedprogress.
This year has taken your publication 'Governance Now' again to new heights. It hascreated new benchmarks in the editorial foresight with critical policy and governanceareas.
Despite all the odds and fluctuations in the market your Company has taken itsmagazine and conferences to the new milestone engaging the centre and state government andpublic sector actively involved with us.
As we promised last year that we will take its conferences to the next level with newissues formats partnerships and experts associations with us. This year we have done newpartnerships and alliances.
Corporate Governance is one of the critical areas where as a company we lay stress onand also to strengthen the economy your company has created an exclusive platform toraise key issues and solutions for improving corporate governance along with thegovernment of India.
Last year Governance Now launched the PSU IT Casebook for the digital transformationof PSUs which was launched by the key ministers and secretaries at the centre and wellreceived by the Prime Minister of India Shri Narendra Modi. Continuing this flagshipinitiative we launched the second in the series- The Financial Inclusion Casebook. TheCoffee-table book on models and ideas for fostering financial inclusion in the countryfeaturing case studies of more than 40 banks and financial organisations. The book waswell received by the BFSI stakeholders and central ministers and secretaries.
The prestigious award in its 5th year honoured the efforts of Public SectorUndertakings (PSUs) that have been key to India's overall economic growth of the country.Key ministers from centre felicitated the Public Sector Enterprises.
New Projects and Outlook:
In the current year your Company will expand its footprints in the global marketsthrough its conference and other initiatives. Additionally I am pleased to share with youthat your Company will also be venturing into new areas and one of which is 'Research'with a continued focus on our core strengths. The brand has now observing massive audiencewith the digital outreach initiative. The upcoming year has a lot to unfold which will bebeneficial for your Company and you.
On behalf of the Board of Directors and the Management I would like to place on recordyour Company's sincere appreciation of the support extended by the partners Central andState Government and their agencies bankers and the continuing patronage and support ofall stakeholders.
With warm regards