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Sigrun Holdings Ltd.

BSE: 531863 Sector: Financials
NSE: N.A. ISIN Code: INE633D01022
BSE 00:00 | 04 Mar Sigrun Holdings Ltd
NSE 05:30 | 01 Jan Sigrun Holdings Ltd
OPEN 0.15
PREVIOUS CLOSE 0.15
VOLUME 59400
52-Week high 0.15
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 8
Buy Price 0.14
Buy Qty 165850.00
Sell Price 0.15
Sell Qty 34000.00
OPEN 0.15
CLOSE 0.15
VOLUME 59400
52-Week high 0.15
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 8
Buy Price 0.14
Buy Qty 165850.00
Sell Price 0.15
Sell Qty 34000.00

Sigrun Holdings Ltd. (SIGRUNHOLDINGS) - Chairman Speech

Company chairman speech

GEEKAY FINANCE AND LEASING COMPANY LIMITED ANNUAL REPORT 2008-2009 CHAIRMAN'S REPORT Dear Shareholders, It gives me a great pleasure to present before you all the 16th Annual Report of the Company and now I would like to place before you our performance for the Fiscal Year ending 31st March, 2009 and the outlook for the future .The Director's report and the audited accounts for the year ended 31st March, 2009, have been with you and with your permission, I shall take them as read. Growth:- The Indian economy has slightly affected by the global financial turmoil emerging from sub-prime crises. However, due to strong domestic consumption, it has shown regligence & has ability to continue to witness rapid growth both in the manufacturing as well as services sector. In view of the real GDP growth rate about 7%, company has started some new business activities during the year which had affected the business of the Company and Board is positive for the better growth in future. The company is now planning for some more areas of business activities which would result in healthy growth of the company in future. Performance:- I feel bit happy in submitting the financial performance of the company during the reporting year. The company had done very little business during the year. The growth is not upto the mark and still company is in loss with revenue expenditure but the Board of Directors is very positive and dedicated towards accelerated growth in future. The company had continued with the policy of cost reduction as the business of company in last few years was not performing well, and all the resources balanced with the company; the emphasis is on the development of human resources with a view to upgrade their competence and managerial qualities so as to enable them to function effectively in the more competitive and rapidly changing environment Strategies:- The management's perception for future is very positive; the Board of Directors is, seeking new areas of business proactively viz. real estate, power sector with positive attitude towards the growth of the business of the company. The management of the company is making efforts to put enormous growth in the company in an organize manner. We have set up one of the most advanced and extensive platform for the clients of our company regarding dematerialization of securities and financing against them. Our goal is to continuously fill the pipeline with a stream of new services designed to meet customer needs. Acknowledgement:- I convey my heartfelt thanks to all our shareholders for their continued trust and confidence in the Management of the company. My gratitude is due to my colleagues on the Board for their valuable guidance and support. Though the company is facing a tough time and need time to revive but I am strongly hopeful of coming out with bright colors owing to the strong support of all stakeholders and business associates and I take this opportunity to convey sincere thanks to our customers, bankers, depositors and all the shareholders for the cooperation and assistance extended to the company and look forward to their continued support. I also convey my heartfelt appreciation for the dedication and contribution of the employees of the Company at all levels. Sincerely, Rajesh Tiwari Chairman Dated this 2nd day of September 2009 at Agra.