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Sastasundar Ventures Ltd.

BSE: 533259 Sector: Financials
NSE: SASTASUNDR ISIN Code: INE019J01013
BSE 11:09 | 22 Feb 105.00 -2.00
(-1.87%)
OPEN

114.00

HIGH

115.00

LOW

105.00

NSE 10:52 | 22 Feb 107.00 -0.05
(-0.05%)
OPEN

113.50

HIGH

114.00

LOW

107.00

OPEN 114.00
PREVIOUS CLOSE 107.00
VOLUME 752
52-Week high 138.20
52-Week low 75.05
P/E 456.52
Mkt Cap.(Rs cr) 334
Buy Price 106.00
Buy Qty 40.00
Sell Price 107.75
Sell Qty 25.00
OPEN 114.00
CLOSE 107.00
VOLUME 752
52-Week high 138.20
52-Week low 75.05
P/E 456.52
Mkt Cap.(Rs cr) 334
Buy Price 106.00
Buy Qty 40.00
Sell Price 107.75
Sell Qty 25.00

Sastasundar Ventures Ltd. (SASTASUNDR) - Chairman Speech

Company chairman speech

Dear Shareholders

We all are working to solve one of the biggest problem in India which is lack ofconsistence access to affordable healthcare in convenient manner. We are working on aninnovative model which is one of the lowest cost distribution model in the world.

SastaSundar.com is a consumer focussed Digital Healthcare Platform managing integratedsupply chain of Pharma & Wellness Products and Services. The platform is supported bya network of Physical Counselling and Service Centres called "Healthbuddies".

The name "SastaSundar" is derived from a popular Indian phrase in terms ofconsumer experience of Savings and Quality.

The Financial Year 2017-18 has been a year of many changes both at macro level and atthe level of our Company. After demonetisation the great reform in distribution that isGST has been implemented successfully and after initial turbulences the system is nowworking well. We are sure that the GST reform along with AADHAAR and digital payment willtransform the distribution industry and herewe are one of the front runners.

During the FY 2017-18 we have been able to expand our model and as a result:

a. Operation in three states namely New Delhi Uttar Pradesh and Haryana has beenstarted and is getting good response.

b. Our diagnostic services at GenuPath Labs Limited has been started and I am happy toinform you that the response of the customer is exciting.

c. To leverage our supply chain we have started B2B channel in the name‘'Retailer Shakti Supply Chain'' towards Pharmacy and Grocery Retail Store based oncash and carry model.

We are strengthening our distribution of OTC category that includes products related tobeauty care wellness personal care and household FMCG and I believe that this is a veryexciting category for our supply chain.

We have the following growth strategy for our expansion:

To scale operation Pan India by building brand SastaSundar

To build community of 10mn Households as loyal customers

To build 15 Warehouses supported by 15 Hub Centres

To build Pan India Network of 6000 Healthbuddies

Strengthen the Technology Platform

Please write all your suggestions to me at my email id blmittal@sastasundar.com. Yourfeedback always grow us faster.

Thanking you

B L Mittal

Chairman and Managing Director