Dear Shareholders,
On behalf of the entire board, it gives me great pleasure to express my sincere
gratitude to all of you our dear shareholder, employees and business partners at Annual
General meeting of your Company and share with you as we celebrate a significant milestone
in our journey towards textile trading excellence and professional development. The
company meanwhile, bolstered its management team, simplified its organization,
strengthened its business processes.
As we are debt free, we are going to continue to build, create, diversify and
intensify-to be the powerhouse of tomorrow. The Company would continue to aim at managing
the mutual interests of all its stakeholders. Having battled numerous headwinds, we are
committed to drive continuous innovation, eliminate inefficiencies, and enhance
productivity across business verticals. Going forward, we will further galvanise our
growth with key near-term priorities focused on our two main core Business. As we pride
ourselves for growth in the journey, we look forward to your unrelenting support.
Thank you for placing faith in the Company. I want to thank all members of the Shantai
Industries Limited team and all our business associates for their contribution to
company's success. I look forward to your continued support and co-operation.
Best regards,
Sd/-
Harishbhai Fatandas Sawlani
Chairman