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RDB Rasayans Ltd. Chairman Speech
BSE:533608 | IND:Packaging - Metallic/Plastics/Others | ISIN code:INE123M01017 | SECT:Packaging
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You can view the entire text of Chairman's speech of RDB Rasayans Ltd.
Chairman's Speech
Dear Shareholders,
It is with immense pleasure I like to inform you that despite
challenging conditions in the global and domestic market, the Company
maintained its bottom line growth. However, fierce business
competitions lead to reduction in the price of finished products which
resulted reduction of turnover fromRs.7344.66 lakhs to Rs.6786.27
lakhs.
Business strategy
* We strengthen our competence in industrial packaging through our rich
experience in this field.
* We have increased focus on product innovation, quality control, and
productivity enhancement and endeavor to expand our capacity on a
continuous basis to include sophisticated products which will enhance
our realization and improve profitability.
* As environmental norms are getting stringent, we continue to remain
environmentally eco friendly and socially responsible towards green
revolution.
* We have tied up with Haldia Petrochemicals, Reliance Industries Ltd.,
IOC to ensure uninterrupted supply of polypropylene (primary raw
material) for production.
* We have strengthened our relation with our customer by providing
better customer service & satisfactions which have resulted in
customers entering into Long Term Purchase Agreement with us.
* We endeavor to invest in infrastructure and research to enhance to
optimize manufacturing and operational sophistication in coming years
to set our foot into markets where superior technology is warranted.
Message to stakeholders
As an organization, your Company has a large canvas of opportunities in
front of it and we are fully prepared to leverage them with the
cooperation and commitment of our employees, partners and associates.
As a part of this market, your Company is also looking forward to come
up with new ideas for enhancing the quality of products that suit the
requirement of industry at large.
I look forward to your support and encouragement to help your Company
scale newer heights in the coming years. I would like to take this
opportunity to thank all the stakeholders, as also the Board of
Directors for their invaluable guidance throughout the journey.
Mr. Shanti Lal Baid
Chairman and M.D.
It is with immense pleasure I like to inform you that despite
challenging conditions in the global and domestic market, the Company
maintained its bottom line growth. However, fierce business
competitions lead to reduction in the price of finished products which
resulted reduction of turnover fromRs.7344.66 lakhs to Rs.6786.27
lakhs.
Business strategy
* We strengthen our competence in industrial packaging through our rich
experience in this field.
* We have increased focus on product innovation, quality control, and
productivity enhancement and endeavor to expand our capacity on a
continuous basis to include sophisticated products which will enhance
our realization and improve profitability.
* As environmental norms are getting stringent, we continue to remain
environmentally eco friendly and socially responsible towards green
revolution.
* We have tied up with Haldia Petrochemicals, Reliance Industries Ltd.,
IOC to ensure uninterrupted supply of polypropylene (primary raw
material) for production.
* We have strengthened our relation with our customer by providing
better customer service & satisfactions which have resulted in
customers entering into Long Term Purchase Agreement with us.
* We endeavor to invest in infrastructure and research to enhance to
optimize manufacturing and operational sophistication in coming years
to set our foot into markets where superior technology is warranted.
Message to stakeholders
As an organization, your Company has a large canvas of opportunities in
front of it and we are fully prepared to leverage them with the
cooperation and commitment of our employees, partners and associates.
As a part of this market, your Company is also looking forward to come
up with new ideas for enhancing the quality of products that suit the
requirement of industry at large.
I look forward to your support and encouragement to help your Company
scale newer heights in the coming years. I would like to take this
opportunity to thank all the stakeholders, as also the Board of
Directors for their invaluable guidance throughout the journey.
Mr. Shanti Lal Baid
Chairman and M.D.
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Stock Summary
Cash Flow Statement
Half Yearly Results
Capital Structure
Chairman's Speech
Company History
Locations
Dividends
Splits
Competitors
Cash Flow Statement
Half Yearly Results
Capital Structure
Chairman's Speech
Company History
Locations
Dividends
Splits
Competitors
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