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Trescon Ltd.

BSE: 532159 Sector: Others
NSE: N.A. ISIN Code: INE088D01011
BSE 00:00 | 28 Oct 79.55 -1.45
(-1.79%)
OPEN

81.00

HIGH

81.50

LOW

79.00

NSE 05:30 | 01 Jan Trescon Ltd
OPEN 81.00
PREVIOUS CLOSE 81.00
VOLUME 391870
52-Week high 99.00
52-Week low 58.00
P/E 203.97
Mkt Cap.(Rs cr) 577
Buy Price 79.25
Buy Qty 15.00
Sell Price 79.70
Sell Qty 68.00
OPEN 81.00
CLOSE 81.00
VOLUME 391870
52-Week high 99.00
52-Week low 58.00
P/E 203.97
Mkt Cap.(Rs cr) 577
Buy Price 79.25
Buy Qty 15.00
Sell Price 79.70
Sell Qty 68.00

Trescon Ltd. (TRESCON) - Chairman Speech

Company chairman speech

Dear Shareholder

As a Company our vision is to create spaces that are aspirational and live beyond ourlifetime; developments that set benchmarks for the Industry and enhance the entireecosystem they operate in.

As we enter a new financial year we at Trescon are humbled with the trust bestowedupon us. The past year was an eventful one in terms of overall economic reforms not justfor us but for the whole of corporate India. I am happy to be writing to you after thesuccessful completion of year for Trescon. We strive to be the most ethical mostcustomer-centric and highest caliber residential real estate developer in India.

I'm pleased to say that we are making significant progress toward those goals. We'vestrengthened our capabilities in many critical areas of operations we have bolstered ourbalance sheet through a timely equity raise and strong operating cash flows and we haveextended our competitive advantages.

As the real estate industry enters a new era of consolidation there is renewedenthusiasm about our sector in the economy. We are at a crucial juncture where we believethat the time is right for developers of repute and credibility to lead the way. Togetherthese reforms are poised to increase investment into the sector aiding growth of not justour industry but the overall economy as well.

As the quality of real estate projects in India has improved over past decade customerexpectations have also evolved. Consumers want and expect more from the developers bothin terms of design quality and service experience. At Trescon we know that our ability todrive customer value in product and service will be the most significant determinant ofyour company's success.

Your Company is a strong believer in adaptability and has already been attuning itselfto altering market sentiments. As a Company our vision is to create spaces that areaspirational and live beyond our lifetime; developments that set benchmarks for theindustry and enhance the entire ecosystem they operate in.

As always I would like to thank you for continuing to repose your faith in ourorganisation and standing by us. With a sustained emphasis on quality control executioninnovation and ethics the future augurs well for your Company.

Wishing you all a successful year ahead! Best Wishes

Vilas Kharche

Chairman & Whole time Director

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