Dear Shareholders,
It gives me great pleasure to meet every year to express the result of the Company. The
detailed activities undertaken for the financial year ended March, 2016 have been
circulated to all of you as Annual Report-2016.
Time of worrisome has passed. India is in the stage of growth as per the projection of
most of the international and national institutions including World Bank. The growth in
infrastructure will be visible from 2016-17 and onwards as per the announcement of various
Government schemes like smart cities, 24 hours shopping in malls considering the safety
from fire of the human beings both in Industrial sector and in residential. We are also
able to imagine the development from the regulatory steps of the Government likely to come
into force i.e; GST Bill and increase in the limit of the foreign direct investments.
Our Company is working in a very important sector and one of the Leading Players in the
field of Fire Fighting Equipments, Systems Installation etc. and have carved niche in
Indian, U.K., UAE, Malaysian and Singapore Markets. With sustained all round performance
we are confident of further Global Growth in the succeeding years.
Despite the slowdown in macro economy and recession in various parts of the World
including China, we have kept ourselves intact in our results with improvement in the
quality of the goods and services in various regions out of our geographical limit.
We are firm with our vision to become one of the leading global players by 2020 and we
look forward to achieve the same with your continued confidence, support, our strong will,
determination and hard work.
Let me end by stating that I have great faith and confidence in the capability of your
Company's Management and its ability to deliver good results in the future. Also, my
thanks to our customers, dealers, vendors and employees who have always done their utmost
for your Company. And my thanks to you, dear shareholders, for your long and continued
support.
Thank you,
Sd/-
(Nitin M. Shah)
Chairman