Dear Shareholders,
On behalf of the Board of Directors, I am pleased to present to you
Maruti Interior Product's first annual report post its initial public offer for the
financial year ended March 31, 2022.
The year 2022 was a landmark year for Maruti Interior Product's as the
Company made its initial public offer of equity shares during the quarter and year ended
31st March, 2022. The Equity Shares of the Company are now listed on BSE
Limited with effect from February 16, 2022. The Company's IPO received an overwhelming
response, reflecting a huge investor appetite for the issue. I am gratified and humbled by
the faith shown in the Company by the market participants. I welcome all the new
shareholders and hope to enjoy their patronage in the coming years as well.
I am delighted to share with you the events and developments of your
Company during the course of the financial year 2021-22. The year gone by is
representative of the value Maruti Interior Product's continues to create for all its
stakeholders.
I would like to extend my deepest appreciation to our management team,
employees, bankers, and business associates for their contributions to the Company. I
would also like to thank my fellow directors for their guidance amidst these trying times.
I am grateful for the continued faith & trust of our various business partners and
shareholders, thereby invigorating our long-standing relationships and allowing us to
continuously foster our common vision to further make Maruti Interior Product's a truly
global company.