You are here » Home » Companies » Company Overview » Setubandhan Infrastructure Ltd

Setubandhan Infrastructure Ltd.

BSE: 533605 Sector: Infrastructure
NSE: SETUINFRA ISIN Code: INE023M01027
BSE 00:00 | 26 Feb 0.79 0.02
(2.60%)
OPEN

0.75

HIGH

0.79

LOW

0.75

NSE 00:00 | 26 Feb 0.80 0
(0.00%)
OPEN

0.80

HIGH

0.80

LOW

0.75

OPEN 0.75
PREVIOUS CLOSE 0.77
VOLUME 22901
52-Week high 4.90
52-Week low 0.75
P/E
Mkt Cap.(Rs cr) 10
Buy Price 0.74
Buy Qty 3010.00
Sell Price 0.80
Sell Qty 15000.00
OPEN 0.75
CLOSE 0.77
VOLUME 22901
52-Week high 4.90
52-Week low 0.75
P/E
Mkt Cap.(Rs cr) 10
Buy Price 0.74
Buy Qty 3010.00
Sell Price 0.80
Sell Qty 15000.00

Setubandhan Infrastructure Ltd. (SETUINFRA) - Chairman Speech

Company chairman speech

My Dear Fellow Stakeholders

I'm delighted to welcome you all to the 21st Annual General Meeting of your CompanyPrakash Constrowell Limited. It's my immense pleasure to share with you activities of ourorganization during financial year 2016-17.

Your company had plans focussing on expansions vertical synergy cost effectivenessand high productivity company has scored high not only in monetary terms but also inwelfare activities.

The Company for the year ended 31st March 2017 has recorded a turnover ofRs. 211.79 Cr. & a Net Profit of Rs. 6.41 Cr. Your company witnessed considerablerise in profits during this fiscal. The Company has an order book of considerate size andat present these projects in hand are at various locations and are in various stages ofexecution. We are expecting expansion and vertical synergy resulting in favorablebusiness conditions. Thus company has reasonably bright future. Company is striving notonly for numerical success but now the thrust is on qualitative value. In the fiscal year2016-17 Management aimed to carry out various structural changes towards betterment ofcompany however some could not be achieved in estimated time. However process is stillgoing on which will bear fruits in near future.

Infrastructure sector is facing challenges owing to changing legislative regime.However Indian economy has tremendous scope for infrastructural growth in coming days.But labour intensive nature of business and issues of finance availability may play anadverse role in this growth path. In more challenging situations our past performance hasbeen really good and if this is given due weightage then we hope for a promisingperformance in coming years.

I take this opportunity to thank all the employees of the Company whose dedication andconfidence in the management has contributed to this success. I also take this opportunityto thank all the stakeholders for their continued faith in the Company and theunderstanding they have shown during the past year.

With this confidence I assure you all that the company will continue to grow andachieve its set targets. "Let our hopes shape our future".

Prakash P Laddha

Chairman.