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Shree Ganesh Remedies Ltd.

BSE: 540737 Sector: Health care
NSE: N.A. ISIN Code: INE414Y01015
BSE 10:26 | 30 Nov 328.40 10.75
(3.38%)
OPEN

315.00

HIGH

335.00

LOW

315.00

NSE 05:30 | 01 Jan Shree Ganesh Remedies Ltd
OPEN 315.00
PREVIOUS CLOSE 317.65
VOLUME 1127
52-Week high 429.55
52-Week low 110.08
P/E 35.35
Mkt Cap.(Rs cr) 394
Buy Price 325.05
Buy Qty 5.00
Sell Price 328.25
Sell Qty 8.00
OPEN 315.00
CLOSE 317.65
VOLUME 1127
52-Week high 429.55
52-Week low 110.08
P/E 35.35
Mkt Cap.(Rs cr) 394
Buy Price 325.05
Buy Qty 5.00
Sell Price 328.25
Sell Qty 8.00

Shree Ganesh Remedies Ltd. (SHREEGANESHREM) - Chairman Speech

Company chairman speech

Dear Stakeholders

On behalf of our Directors and myself it is my pleasure to greet all of you at 25thAnnual General Meeting. I take this opportunity to welcome Mr. Gunjan Kothia who hadrecently joined our Board of Directors.

We are living in the extraordinary times. The entire world is being affected directlyor indirectly by the COVID-19 Pandemic. The Pandemic is a health as well as an economiccrisis and hence the role of the pharmaceutical industry has become very critical. Thepandemic has shaken the global economy but has given an opportunity to correct decodes ofunderinvestment in healthcare.

During the year with further investments we at SGRL have successfully commissionednew pilot R&D facility for enhanced research and pilot trails of our product and itscommercialization in the market

Covid-19 Response:

There is also a gradual realization that the COVID-19 virus is here to stay and thatall of us will have to learn to co-exist with the virus till an effective treatment orvaccine becomes available. There will be far-reaching changes in the way in whichorganizations are likely to operate going forward. Social distancing and maintainingindividual hygiene (like using masks and hand sanitizers) have become imperative. Workfrom-home (WFh) option has been exercised by most organizations for certain functions andthere is a likelihood that it will continue for some more time till the viral infectioncomes under control. There is a possibility that WFH may become the new-normal far certaincategories of corporate work force even after COVID- 19 comes under control

This year witnessed incremental sales of 65.44% over the previous year at Rs.584255806 (Rupees Fifty Eight Crore Forty Two Lacs Fifty Five Thousand Eight hundredSix Only). Our International Sales now comprise 80% of our total revenue with theremaining 20% coming from domestic sales. Whereas your Company has acquired Ashok PharmaChem (APC) during the year a firm which manufactures Active Pharmaceutical Ingredients(API) and is one of leading manufacturer of Di Nitro Ortho Tolumide Bp Vet in India.Thereby consolidated results of the Company for the financial year are attached with theAnnual Report.

I am deeply thankful to all our stakeholders for their encouragement support and faithin the Company. In particular I am grateful to our inherent strength - all our employees.I am extremely proud of them.

By order of the Board

For Shree Ganesh Remedies Ltd.

(Chandulol M Kothia)

Chairman.

.