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Tinplate Company of India Ltd.

BSE: 504966 Sector: Metals & Mining
NSE: TINPLATE ISIN Code: INE422C01014
BSE 00:00 | 20 Mar 154.65 -0.55
(-0.35%)
OPEN

156.70

HIGH

158.30

LOW

153.75

NSE 00:00 | 20 Mar 154.65 0.05
(0.03%)
OPEN

156.50

HIGH

158.00

LOW

153.60

OPEN 156.70
PREVIOUS CLOSE 155.20
VOLUME 145645
52-Week high 258.75
52-Week low 118.00
P/E 27.52
Mkt Cap.(Rs cr) 1,619
Buy Price 154.65
Buy Qty 1176.00
Sell Price 155.40
Sell Qty 51.00
OPEN 156.70
CLOSE 155.20
VOLUME 145645
52-Week high 258.75
52-Week low 118.00
P/E 27.52
Mkt Cap.(Rs cr) 1,619
Buy Price 154.65
Buy Qty 1176.00
Sell Price 155.40
Sell Qty 51.00

Tinplate Company of India Ltd. (TINPLATE) - Chairman Speech

Company chairman speech

Dear Shareholders

The global economic upswing that began around mid-2016 has become broader and strongerwith a notable rebound in global trade.

The growth was driven by an investment recovery in advanced economies continued stronggrowth in emerging Asia a notable upswing in emerging Europe and signs of recovery inseveral commodity exporting countries. It is expected that advanced economies as a groupwill continue to expand above their potential growth rates this year and next whilegrowth in emerging market and developing economies will also continue to rise.

The Indian economy in the last _scal was marked by a number of key structuralinitiatives to build strength across macro-economic parameters for sustainable growth. Itis believed that in the initial period around these initiatives growth in the _rst halfof 2017 su_ered despite global tailwinds. However the weakness seen at the beginning of2017 seems to have bottomed out as 2018 set in. Currently the economy seems to be on thepath to recovery with indicators of industrial production stock market index auto salesand exports having shown some improvement. Going forward the overall business environmentappears positive though the protectionist measures being adopted across the globe therising crude prices and the depreciating Rupee could provide signi_cant headwinds.

In this scenario it is my pleasure to present the 99th Annual Report of The TinplateCompany of India Limited (TCIL) along with _nancial and operating performance of theCompany for FY 2017-18. During the _nancial year under review your Company has achievedits highest ever production and sales performance. Consequently the _nancial performanceof the Company has also shown improvement and the Company continues to remain debt free aswell. As communicated in the previous year during 2017-18 the Company transitioned fromthe conversion arrangement with Tata Steel and the Company is now procuring its rawmaterial needs on its own account. In view

Yours sincerely

Koushik Chatterjee

Chairman

DIN. 00004989

Mumbai 24th April 2018