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Shubhlaxmi Jewel Art Ltd.

BSE: 535125 Sector: Others
NSE: SHUBHLAXMI ISIN Code: INE01Z401013
BSE 05:30 | 01 Jan Shubhlaxmi Jewel Art Ltd
NSE 12:18 | 17 Aug 33.55 0
(0.00%)
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Shubhlaxmi Jewel Art Ltd. (SHUBHLAXMI) - Chairman Speech

Company chairman speech

Greetings from SHUBHLAXM

I am delighted to once again be a bearer of good news and report another year of goodperformance at your company

We are incorporated in India and all of our assets and employees are located in India.As a result we are highly dependent on prevailing economic conditions in India and ourresults of operations are significantly affected by factors influencing the Indianeconomy. Factors that may adversely affect the Indian economy and hence our results ofoperations may include:

Impact of COVID-19 pandemic out break effects on Indian economy; Any increase in Indianinterest rates or inflation;

Any scarcity of credit or other financing in India resulting in an adverse impact oneconomic conditions in India; Prevailing income conditions among Indian consumers andIndian corporations

Our people strategy has always been to recruit and retain people with leadershipqualities. We invest in our people and believe they are one of the major reasons for oursuccess. We believe that growth of our people precedes the growth of the company. Wepromote leadership within our ranks by offering people greater responsibility with thefreedom to perform to their best.

During the year your company has significantly poured efforts and as a result of whichthe operations of the income are increasing day by day. The company is making constantefforts to penetrate more in the market.

I would like to thank all my colleagues for their dedication innovation and hard work.By setting new standards in businesses we operate in our team is delivering on ourmission to generate sustainable value for our stakeholders. These efforts also help us todeliver inclusive growth converging in to value creation and make life better foreveryone.

I take this opportunity to express my sincere thanks to all the shareholders for theircontinued trust in the Board of Directors and the Management of the Company. On behalf ofthe Company I would also like to thank all our stakeholders customers dealerssuppliers other business associates the Government and regulatory agencies and employeesfor their invaluable support and co-operation in the year gone by and expect similarsupport in the years to come.

Thank You
Sd/-
Narendrasinh Jesingbhai Chauhan
(DIN: 08123747)
Chairman & Managing Director

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