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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
    Mar2014   Mar 2015
    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.

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