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Siddhika Coatings Ltd.

BSE: 535378 Sector: Others
BSE 05:30 | 01 Jan Siddhika Coatings Ltd
NSE 05:30 | 01 Jan Siddhika Coatings Ltd

Siddhika Coatings Ltd. (SIDDHIKA) - Chairman Speech

Company chairman speech

Quite unique year passed by which was one of the most difficult and challenging onesthat many of us have ever faced and affected our lives in many unforeseen ways. TheCOVID-19 pandemic has cast a shadow of uncertainty and anxiety all over the worldaffecting business depending on site mode. Through these difficult times the relentlesseffort and determination of all the frontline health and social workers has stood out as abeacon of hope for humanity and I would like to convey my sincere gratitude to them fornot only keeping us safe but also helping the world move forward. On our part we haveensured welfare of our connected work force to the best possible extent as our commitmentto their well-being & livelihood.

It gives me immense pleasure to inform that under able leadership company of Mr.Charitra Maheshwari as Managing Director. Siddhika successfully delivered financialresults with profits and strengthened capabilities to endure and respond to suchuncertainties. We embraced new challenges and has responded to many adversities withunflinching commitment to our consumers communities and citizens finding ingenious waysand means to reach out to them.

Realigning our priorities

As we started the financial year 2020-21 in the midst of the nationwide lockdown ourfirst and foremost priority was to ensure the health and well-being of all our employeesdirect as well as indirect by setting up work-from-home infrastructure and ensuring safesanitized workplaces at our sites and office locations across the country.

Looking ahead

As we look at navigating the business forward in the new financial year uncertaintieshave resurfaced with the emergence of a strong second wave of the COVID-19 pandemic. Inthe meantime safety and well-being of our employees & customers will remain ourhighest priority. We will focus on addressing business challenges with agility workingclosely with our business partners and stakeholders. I am confident that with the guidanceof our experienced Board dynamic leadership of the management team and the commitment ofour employees we will not just overcome the challenges but convert these very challengesinto opportunities to move to an even higher trajectory of sustainable growth.

Thanks & Regards

Abhijeet Banerjee