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SVP Global Ventures Ltd.

BSE: 505590 Sector: Others
NSE: N.A. ISIN Code: INE308E01011
BSE 00:00 | 22 Feb 272.25 -6.45
(-2.31%)
OPEN

284.80

HIGH

284.80

LOW

271.00

NSE 05:30 | 01 Jan SVP Global Ventures Ltd
OPEN 284.80
PREVIOUS CLOSE 278.70
VOLUME 5003
52-Week high 418.00
52-Week low 235.00
P/E 32.80
Mkt Cap.(Rs cr) 344
Buy Price 272.25
Buy Qty 107.00
Sell Price 277.60
Sell Qty 10.00
OPEN 284.80
CLOSE 278.70
VOLUME 5003
52-Week high 418.00
52-Week low 235.00
P/E 32.80
Mkt Cap.(Rs cr) 344
Buy Price 272.25
Buy Qty 107.00
Sell Price 277.60
Sell Qty 10.00

SVP Global Ventures Ltd. (SVPGLOBAL) - Chairman Speech

Company chairman speech

Dear Members

I am glad to welcome you to the 34th Annual General Meeting of the Company. Yourcontinued trust encouragement and support is what gives us energy enthusiasm confidenceand motivation to strive for betterment.

This year your Company’s Consolidated Sales Turnover reached to Rs.1784 Crores.

During the year your Company took over another Company M/s Citron Infraprojects Limitedat a book value of 103 Crores and acquired its entire textile business.

I am pleased to inform Shrivallabh Pittie Industries Limited one of the units of SVPGlobal Ventures Limited inaugurated its manufacturing facility of 100000 spindles ofcompact cotton yarn in Jhalawar Rajasthan with capital outlay of Rs. 450 crores with thehands of the Honorable Chief Minister of the State Mrs. Vasundhara Raje and startedproduction over there. The plant is regarded as the fastest constructed plant in Asia.

Your company is also implementing another manufacturing facility of 50000 spindlescompact cotton yarn and 2400 rotors at Jhalawar Rajasthan.

For 2016-17 your Company is expected to further improve its performance as a result ofthe capacity addition.

On behalf of the Board and Management team we wish to thank you for your trust andfaith in us. We will continue to build the company and deliver superior returns to ourinvestors. We also thank our customers vendors bankers and employees without whom thiswould not have been possible.

Sd/-

Chirag Pittie

Managing Director

DIN: 00117368