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Servotech Power Systems Ltd.

BSE: 535002 Sector: Engineering
NSE: SERVOTECH ISIN Code: INE782X01017
BSE 05:30 | 01 Jan Servotech Power Systems Ltd
NSE 05:30 | 01 Jan Servotech Power Systems Ltd

Servotech Power Systems Ltd. (SERVOTECH) - Chairman Speech

Company chairman speech

LETTER TO SHAREHOLDER

Our Company was incorporated as Servotech Power Systems Private Limited under theprovisions of the Companies Act 1956 vide certificate of incorporation dated September24 2004. Subsequently our Company was converted into public limited company and the nameof our Company was changed to "Servotech Power Systems Limited" pursuant toshareholder's resolution dated April 29 2017 and vide fresh certificate of incorporationdated May 24 2017

Every Milestone is a Stepping Stone to Greater Success!!

Servotech Power Systems Ltd is a company of repute in power conditioning and LEDlighting business of the power industry. The company has a great track record of highquality leadership and unflinching commitment to excellence. Ours is an 14 years youngcompany built on ideals innovations and exciting contemporary changes. The organizationbases its business around free flowing inventive ideas and its products are manifestationsof these very ideas. Servotech focuses on qualitative changes latest trends andtechniques hence always recognized as a futuristic company which understands the pulseand breathing of time.

The global Power Industry is replete with mind-blowing changes and challenges. Thecompany is geared up to meet the fast shift in technology demanding price levels andcustomer specific needs. Our R & D at Delhi and overseas subsidiaries have beenadequately upgraded and are ready to meet the increasing challenges and absorb theemerging opportunities that will augment strong growth options for the company. To meetthe large volume mass production levels our new manufacturing facility in Delhi came intooperation earlier this year. This state of the art facility has capabilities tomanufacture High capacity UPS Home UPS Servo Stabilizers and LED Light products. We lookforward to a very large leap in our growth with the support of all our esteemed customersemployees and other associate team members. I have requested our Servotech family membersto implement "ACT NOW" policy so that customer needs are sufficiently and timelyaddressed. We have already achieved good success with this implementation policy.

I would like to sincerely thank our customers supplies and financial associates fortheir unwavering support and faith in Servotech and assure them that the company isincessantly reaching new heights with new products technology trends and acquiring aspecial place in global markets too.

My best wishes to all of you With Best Regards

Raman Bhatia Managing Director