Dear Stakeholders,
It is with great pleasure that I present to you the Annual Report for Sahara Maritime
Limited for the financial year ended March 31, 2024 ("F.Y. 2023-24").
It's a moment of immense pleasure for me as we connect this year on the occasion of 15th
Annual General Meeting of 'Sahara Maritime Limited'. It has been a remarkable year
for all of us here at Sahara Maritime Limited as we successfully completed our IPO and got
listed on BSE (SME) during this year on 26th December, 2023.
It is with pride that I pen this statement. I hope this letter finds you in good
health.
Moreover, I am also pleased to present to you a year of creditable performance of our
company, steering effectively through the challenges of the unpredictable market
conditions and achieved growth. Our company has successfully delivered financial results
with profits and strengthened capabilities to endure and respond to such uncertainties.
We are committed to creating value through continuous efforts to build our capabilities
and develop a competitive edge over our peers. By embracing diversity and transparency in
our business practices, we aim to become a stronger entity with each passing day.
Most importantly, I would like to thank our Shareholders, Bankers and other
Stakeholders for your overwhelming trust and confidence that helped and motivated us to
pursue an agenda that is in the long-term interest of the Company and hope that this
mutual relationship will continue to prosper in long run also.
| With Warm Regards, |
| SAHARA MARITIME LIMITED |
| Sd/- |
| Sohrab Rustom Sayed Chairman & Managing Director |