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SVP Global Ventures Ltd.

BSE: 505590 Sector: Industrials
NSE: SVPGLOB ISIN Code: INE308E01029
BSE 00:00 | 22 Oct 109.40 -3.10
(-2.76%)
OPEN

112.55

HIGH

114.00

LOW

108.00

NSE 00:00 | 22 Oct 110.00 -2.45
(-2.18%)
OPEN

113.00

HIGH

113.70

LOW

107.25

OPEN 112.55
PREVIOUS CLOSE 112.50
VOLUME 50422
52-Week high 164.80
52-Week low 40.20
P/E 185.42
Mkt Cap.(Rs cr) 1,384
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 112.55
CLOSE 112.50
VOLUME 50422
52-Week high 164.80
52-Week low 40.20
P/E 185.42
Mkt Cap.(Rs cr) 1,384
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

SVP Global Ventures Ltd. (SVPGLOB) - Chairman Speech

Company chairman speech

MESSAGE FROM WHOLE TIME DIRECTOR:

Dear Members

I have great pleasure to welcome you to the 38th Annual General Meeting ofthe Company. Since our inception we have been working with commitment and dedication thatled us to become one of the largest manufacturer in the yarn industry.

During the year your Company's consolidated turnover reached Rs.1443.70 Crores and PATreached Rs.51.14 Crores.

SVP is one of the largest manufacturers of value added Combed Compact Cotton Yarn withstate of the art units of 400000 spindles and 5900 rotors. The Units are the mostautomated and technologically advanced units of its kind and manufactures the highestquality of cotton yarn in the world today.

The recent Covid-19 pandemic has impacted Global and Indian economy heavily and theIndian textile sector is no exception owing to adverse business conditions. The YarnBusiness has now started showing signs of recovery in view of increasing demand indomestic and export markets. We are hopeful that the crisis will pass and SVP will sailthrough the period with all its strength.

I offer my sincere thanks to all the Employees Shareholders Stakeholders GovernmentAgencies Banks & Financial Institutions Customers Consumers Suppliers and otherServices Agencies for their cooperation and support.

Sd/-

Chirag Pittie

Whole Time Director

DIN: 00117368.

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