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Sagardeep Alloys Ltd.

BSE: 510200 Sector: Metals & Mining
NSE: SAGARDEEP ISIN Code: INE976T01013
BSE 05:30 | 01 Jan Sagardeep Alloys Ltd
NSE 00:00 | 28 Oct 29.75 -0.30
(-1.00%)
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31.25

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29.30

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Sagardeep Alloys Ltd. (SAGARDEEP) - Chairman Speech

Company chairman speech

Dear Shareholders

We all passed through a very troubled year 2020-21 which has impacted us and alsochanged our approached towards life. We all has never gone through such unprecedented anddifficult time which we have not recovered from completely. The frontline healthcare staffhas done excellent efforts to save the precious life of human on the risk of their ownsafety and so I feel that our society will always cherish their efforts and hereby like tobe very thankful for their utmost dedication and heroic efforts for providing theessential service to the nation.

The present pandemic has also affected negatively the economy worldwide and especiallyof India. But I also want to put a note that people of our great nation are hardworkingand courageous and their approach will soon bring economy of our nation on positive track.Our Company is engaged in manufacturing of Copper and Copper Alloy Products which aremainly industrial in nature and improvement in industrial sentiments will also improve theperformance of our Company.

I would also take this opportunity to inform you that apart from increasing thecapacity of the present line of products your Company is also in process of expanding andhas already started commercial production of Copper Sulphate with a production capacity of25MT/Month and in future will also start production of Ferrous Sulphate. These inclusionof new line of activity will improve the performance of the Company.

Your Company will continue to explore the available opportunity to improve its marketposition and also of its financial performance.

I Once again like to convey that we all should follow the necessary guidelines andprotocol to save ourselves and our family from this Covid-19 and wish you all very safedays ahead.

On behalf of the Board I would like to thank all our stakeholders includingshareholders investors bankers creditors and employees for their continued support. Iwould like to express my sincere gratitude to all the members of our Board for theircontinued insights and invaluable guidance as we explore new opportunities and move aheadwith confidence.

Warm regards

SATISHKUMAR ASAMAL MEHTA

CHAIRMAN

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