Dear Members,
It's a delightful moment for me to meet your through this communique to share with you
some significant messages of your Company.
Your Company is one of the pioneer small players in the electrical industry and has
been delivering consistent quality performance in its products since many years with its
due attention to ever changing requirements and choices of the Customers.
Now, your Company has distinctive Brand Equity and strong recognition in the market
which is core strength and strong foundation for growth in the days ahead.
The growth of your Company both at Sales level and Profit level are almost range bound
in the last several years owning to certain limitations in using its inherent
capabilities.
Now, the Changes have come. In July 2019, Your Company has been taken over by one of
the Major players in the electrical industry Salzer Electronics Limited who could navigate
your Company with its deep rooted business acumen and structural business model. So, It's
a great fillip to your Company to be being a more focus oriented in its operation and
would drive value to the business.
Hope this is a new beginning in the growth story of your Company and would prosper well
under dynamic support of Salzer.
Thank you
Chandra Prakash Jain
Whole Time Director (DIN : 07337778)