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companylogoMallcom (India) Ltd

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BSE Code : 539400 | NSE Symbol : MALLCOM | ISIN : INE389C01015 | Industry : Textiles - Products |


Chairman's Speech

It is the first time in the 38 years of existence of the company that lam personally writing to all of you. Well, this is just another example of how times are changing, and we need to adapt not only as an organisation but also as individuals.

Firstly, I hope and pray that you and your loved ones are safe. The world has spoken enough about the wrath of COVID, from the economic devastations to the social consequences and the psychological impacts. However, I would like to take this opportunity to laud the unputdownable spirit of mankind. Our generation has shown immense resilience against the unknown and this could have only had happened because of some visionaries, some brave hearts, and some leaders. All this combined has given us a ray of hope towards a new beginning and a changed future.

And this is exactly the ethos of Maiicom. Starting a business in Personal Protective Equipment (PPE) in 1983 in India was a borderline crazy idea, it was nearly impossible for foreign importers to believe that India has moved from a simple agrarian economy to a manufacturing economy that too producing goods for the safety of international workers. However, our strategy was clear and concise - we are in it for long term. Adding that with immense resilience and hope has made us what we are today. We were in this domain when nobody else was in India.

We were not just in the field of safety, we focussed on ultimate quality when all cared less. Four decades of investment in processes, upskitling. and innovation have led Mallcom to become a known player in the field of PPE in India and globally. Currently, along with sustained focus on quality internally, we are experiencing a pleasant push from customers as well as legislation towards meeting international standards and producing best-in-class goods.

Mallcom has always been bullish on Bharat and hence have set up 12 fully integrated manufacturing facilities along with in-house laboratories with equipment meeting all international standards. Our aim IS to bring the highest quality products to every worker and encourage for a safer environment.

The COVID 19 pandemic has given immense inorganic growth to our industry, and we are poised to capitalise on this opportunity. This is our moment to step up and take calculated risks, and we will not back out with all the trust shown to us by all the shareowners.

At Mallcom. we had been preparing the launchpad for lift-off through our continued investment in capital.

manpowerand machinery. Our values of commitment, integrity, and ownership help us prioritise our focus towards - people, product, and profit in that order.

Furthermore, we have also been improving our services through digitisation, logistics, and branding by being available for our stakeholders at any given point of time, monitoring our goods from sourcing to delivery at real time basis, and ensuring that buyers and users think of something larger than life when investing in our products.

Mallcom has been off to a great start in this new decade, and it is our duty to keep the momentum going with your support. There is only one way to go from here and we will not let you down.

Wishing all of you good health and safety always!

Jai Hind!

Ajay Kumar Mall

Chairman, Managing Director & CEO

   

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