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Texmo Pipes & Products Ltd.

BSE: 533164 Sector: Industrials
NSE: TEXMOPIPES ISIN Code: INE141K01013
BSE 00:00 | 28 Jan 90.05 0.60
(0.67%)
OPEN

90.00

HIGH

93.90

LOW

88.40

NSE 00:00 | 28 Jan 89.85 0.50
(0.56%)
OPEN

92.00

HIGH

93.80

LOW

88.50

OPEN 90.00
PREVIOUS CLOSE 89.45
VOLUME 190312
52-Week high 100.90
52-Week low 21.35
P/E 15.50
Mkt Cap.(Rs cr) 263
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 90.00
CLOSE 89.45
VOLUME 190312
52-Week high 100.90
52-Week low 21.35
P/E 15.50
Mkt Cap.(Rs cr) 263
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Texmo Pipes & Products Ltd. (TEXMOPIPES) - Chairman Speech

Company chairman speech

Dear Shareholders

It is my privilege to share with you the 13th Annual Report of yourCompany for FY 2020-21 and share the key highlights and the financials and the roadmapgoing forward. We have always strived as a Company to better our performance bycontinually quality production and strengthening capabilities and expanding our productswith making it unique one. Beginning since inception our vision is always based on hardwork open communication and a strong focus on team work and a high level ofresponsibility and accountability. We always believe that Sustainable development is thekey to success and we have aligned ourselves to this mission. Your Company Texmo Pipes andProducts Limited is one of the most trusted Company engaged in defining and offeringhigher levels of customer satisfaction and faster adoption of latest available technologyand resources.

In the FY 2020-21 we have made significant progress and your Companyhas performed well in terms of revenue and achieved a milestone of turnover. Your Companyis continuously increasing our operations year by year and is being committed towards thesame growth in order to expand business operations and continuous growth. Your Company isfocused on to increase the value of stakeholders and to maintain a wide market as aleader. We are always focused on growth and innovations so as to maintain a diversifiedand strong portfolio and maintain our strength and strong presence in the market.

We all are very well aware that the wide spread and outbreak ofCOVID-19 pandemic last year and again second wave in the end of fourth quarter of FY 2021forced the entire world into a lockdown and has inflicted a global economic recession.Societies business and economies have all suffered as to prevent and stop the chain ofspread of the virus. The crisis has dimmed the growth outlook for the global economyincluding for India in coming year. The prices of raw material touch a boom which resultsin pricing of finished goods to a great extent and also affected the customer base.

Your Company has also made significant progress with the implementationof our strategic priorities and expanded our mid- to long-term financial ambitions foryour Company. Your Company is working hard enough to accelerate our growth and bringinnovation and development in our portfolio and reach a wider scenario in the market.

As a token of appreciation I would like to extend my gratitude andsincere thanks to our management team staff bankers and business associates for theircommitment and contribution towards your Company Texmo Pipes and Products Limited.Further I would like to show my appreciation for my fellow Directors for providingguidance amidst the tough operating environment. Last but not least I would like toextend my sincerest gratitude to our employees customers partners business associatesand all our esteemed stakeholders for their undying faith and support. Each one has been apart of our exciting and enriching journey. We continue to seek value creation for ourstakeholders and persevere in building a sustainable business. Always hoping for abrighter and stronger future together for coming years.

With Best Wishes
Rashmi Devi Agrawal
Chairperson & Whole Time Director
DIN 00316248

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