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Standard Surfactants Ltd.

BSE: 526231 Sector: Consumer
NSE: N.A. ISIN Code: INE307D01015
BSE 00:00 | 18 Feb 11.02 0
(0.00%)
OPEN

11.02

HIGH

11.02

LOW

11.02

NSE 05:30 | 01 Jan Standard Surfactants Ltd
OPEN 11.02
PREVIOUS CLOSE 11.02
VOLUME 1
52-Week high 30.40
52-Week low 8.77
P/E 16.45
Mkt Cap.(Rs cr) 8
Buy Price 10.00
Buy Qty 100.00
Sell Price 11.02
Sell Qty 999.00
OPEN 11.02
CLOSE 11.02
VOLUME 1
52-Week high 30.40
52-Week low 8.77
P/E 16.45
Mkt Cap.(Rs cr) 8
Buy Price 10.00
Buy Qty 100.00
Sell Price 11.02
Sell Qty 999.00

Standard Surfactants Ltd. (STDSURFACTANTS) - Chairman Speech

Company chairman speech

Letter to shareholders

It gives me immense pleasure to present the annual report for the financial year2017-18.

Your company continues to tread on the path of transforming itself into a technologydriven company with focus on innovative & speciality products. The foundation of yourcompany now stands firmly on the platform of Research & Development andSustainability. We will keep on looking out for profitable growth avenues which willcreate long term value for the shareholders.

By contributing around 3% to India's GDP the Indian Chemical Industry is one of themost important contributors to the country's economic development. In terms of domesticproduction and exports the Indian chemical sector is ranked 3rd in Asia and 6th in theworld. However due to uncertain rise of crude prices in the latter half of the year andstrengthening of dollars Indian Chemical Industry faced too many challenges. Based on thesaid uncertainties our raw material LAB also went high from November onwards but stillyour company managed to achieve desired results during such period.

Your company performed reasonably well in the year 2017-18. In line with the Country'sGDP growth in Q4 (7.7%) the company also accelerated and recorded highest revenue in thelast quarter. Further the future outlook for the company as well as growth expectationsremains positive. Increasing per capita consumption of detergent increasing healthawareness and improved environment scenario are expected to aid the growth going forward.

In conclusion I would like to thank all our stakeholders for their support especiallyduring difficult times which only reinforced our commitment and our deep beliefs in ourvalues. We still have a long way to go but the vision is clear. With the active supportof all stakeholders this should mean a brighter tomorrow.

(Pawan Kumar Garg)

Chairman.