Halder Venture Ltd

One of the most significant milestones in our journey was the historic Initial Public Offering (IPO) of Halder Venture Limited in2016.

Dear Halder Group Family,

It is with profound pride and gratitude that I reflect on the remarkable journey of the Halder Group as we celebrate 100 years in the agri-business sector. Our centenary year is not just a commemoration of time but a celebration of our unwavering commitment to excellence, resilience, and innovation.

1924: The Beginning of an Ambitious Journey

The Halder Group's journey began in 1924 when we ventured into the rice milling business in a market that was largely unorganized and fragmented. At a time when branding was an unfamiliar concept, we entered this space with a clear vision: to create a brand that would stand for quality, reliability, and trustworthiness. Our initial focus was on producing high-quality rice that would cater to the diverse needs of our customers, setting the foundation for what would become a long and storied legacy.

The transformative journey

The year 1995 marked a significant turning point in our journey. We undertook a comprehensive revamp of our operations, which included the strategic acquisition of Shri Jatadhari Rice Mill Private Limited This acquisition added significant capacity to our existing operations, allowing us to scale up production and meet the growing demand for our products. The integration of this new facility was a pivotal moment that set the stage for our future growth.

In our quest to diversify and strengthen our product portfolio, during 2008 we made a strategic move to establish an oil refinery by incorporating P. K. Agri Link Private Limited. This integration further bolstered our capacity and allowed us to expand into the cooking oil segment, providing our customers with a wider range of products under the trusted Halder brand. During 2011, our ambitious entry into the rice bran business through the establishment of a solvent extraction plant under P. K. Agri Link Private Limited was another milestone in our journey. This not only enhanced our production capabilities but also broadened our product offerings, positioning us as a key player in the agri-business sector. Recognizing the potential of global markets, during 2013 we embarked on an ambitious plan to expand our footprints by exporting rice to other nations. This move was a testament to our commitment to growth and our confidence in the quality of our products. Today, Halder Group's products are recognized and trusted by consumers around the world, further solidifying our position as a global leader in the agri-business sector.

The Historic IPO: A New Era of Visibility and Credibility

One of the most significant milestones in our journey was the historic Initial Public Offering (IPO) of Halder Venture Limited in 2016. This event provided our company with greater visibility and credibility in the market. It also assured our stakeholders of the stability and trustworthiness of our brand, which in turn opened up new business opportunities and partnerships. The IPO was not just a financial milestone but a validation of the hard work and dedication that had gone into building the Halder Group over the decades.

Resilience and Adaptability: The Hallmarks of Our Journey

The Halder Group has always recognized the critical importance of innovation and sustainability in maintaining our leadership position in the market. As the years have passed, we have consistently kept pace with the times, embracing change, consolidating our strengths, and carefully calibrating our strategies to meet evolving situations and circumstances. Our proactive approach to adopting emerging technologies and sustainable business practices has not only improved our production processes but also significantly enhanced our product offerings. This unwavering commitment to modernization has transformed the Halder Group from a humble rice milling operation into a comprehensive rice and edible oil manufacturing company, capable of meeting the diverse and ever-changing demands of our customers. The resilience of our enterprise and our people has been a cornerstone of this transformation. Throughout these years, we have faced numerous external challenges, but each adversity has only strengthened our resolve, enabling us to emerge stronger, more determined, and more successful.

Building Trust and Long-Term Partnerships

Over the years, we have gained the trust of our stakeholders, including suppliers, vendors, customers, dealers, consumers, employees, and shareholders. This trust has served as the foundation of our long-term partnerships and has been instrumental in our success. As we stand at the threshold of our centenary year, it is imperative that we continue to build on this strong foundation.

Embracing sustainability At the Halder Group, our commitment to sustainability is deeply embedded in our Environmental, Social, and Governance (ESG) framework. We believe that sustainable growth is the key to long-term success, and our ESG initiatives reflect this belief. We are dedicated to minimizing our environmental impact by adopting eco-friendly technologies and optimizing resource use. Our focus on energy conservation, water conservation, and waste reduction ensures that we contribute positively to the planet. We prioritize the well-being of our communities and employees, investing in initiatives that promote health and sports. By fostering a supportive and equitable workplace, we empower our people to thrive

Integrity and transparency are the cornerstones of our governance practices. We adhere to the highest ethical standards, ensuring accountability and fostering trust among our stakeholders. As we move forward, the Halder Group remains committed to integrating ESG principles into every aspect of our operations, driving sustainable growth for the benefit of all.

The Halder Group has always recognized the critical importance of innovation and sustainability in maintaining our leadership position in the market.

The Next 100 Years: A Vision for the Future

As we look to the future, we are committed to ensuring that the next 100 years of growth will be even more successful than the first. Our future growth story will be marked by agility and adaptability to new technologies and opportunities. We will double our efforts to ensure sustainability and responsible business growth, while continuing to pursue strategic expansion opportunities to broaden our market reach and build market share. As we tread new avenues to seize novel opportunities for growth and enhance value, we implore our stakeholders to remain as steadfastly by our side as they have been throughout our journey. We believe in our ability to remain resilient, relevant, and resolute through every business cycle and will continue to work to the best of our abilities to ensure growth, goodness, and goodwill for the next 100 years to come.

Prabhat Kumar Haldar

Chairman