Chairman
Dear Shareholder,
It is my privilege and honour to address this august gathering on this very special
occasion of the company celebrating 100 years of its existence. It is an emotional moment
and a matter of pride to be the Chairman & Managing Director of the company during its
Centenary year. This was only possible due to the blessing and guidance of my late father,
Shri. G. D. Morarka. His memory and legacy has always been and continues to be a great
pillar of strength and support in my life.
This journey would have not been possible without the extraordinary and special support
of my colleagues on the Board.
I want to express my sincere gratitude to my colleagues; Mr. Pinaki Misra, Sr. Counsel,
Member of Parliament, Lok Sabha (Puri), Mr. K. D. Shah, leading Chartered Accountant and
an expert in all matters in Audit and Taxation AND Mr. Prakash Mehta, Solicitor and an
eminent Lawyer of the Bombay Bar.
I would also like to acknowledge my sincere thanks to all our Employees, Vendors,
valued Customers and our Bankers; Bank of Baroda.
Friends, it may be interesting for you to know that the company was promoted/started by
Sir Joseph Kay and Mr. W. H. Brady. The reigns were passed on later to Shapoorji Pallonji
Group, who played an important role in the company’s progress. Shapoorji Pallonji
Group had the proud privilege to celebrate the Golden Jubilee of the company and now I am
fortunate enough to celebrate the Centenary year along with all of you. My late father
Shri. G. D. Morarka acquired the company in the year 1968 from late Shri. Shapoorji
Mistry, father of Shri. Pallonji Mistry and grandfather of Shri. Cyrus Mistry, who today
heads the Tata Empire. I would like to pay a special tribute to the late Shri. Shapoorji
Mistry and extend my warmest regards to Shri. Pallonji Mistry and sincere thanks to Shri.
Cyrus Mistry and also his brother Shri Shapoor Mistry.
Bradys’ journey has been an extraordinary one. All of you would be pleased to know
that the company started its operation with an office in Bruce Street - Mumbai.
Thereafter, the Company undertook the following activities:
• Started a Textile Dyeing Plant in India
• Opened a Branch Office in Manchester, UK
• Started an Insurance Company In India
• Started a Petrol Engine driven tram in India under the aegis of Nasik Tramway
Co.
• Constructed ten identical three storeyed buildings called 'BRADY FLATS' in
Colaba, Mumbai, which is not only recognized as a heritage area, but is also linked to the
urban and economic history of Mumbai
• Participated in the National Freedom Movement by being one of the first
Corporates to make a significant donation to the Indian National Congress
• Started an Automated Sugar Factory in Belapur
• Became one of the largest Independent Houses in India dealing in imported
Machineries and Equipment
Presently, our Company along with its Group Companies is engaged in the following
areas:
1 Manufacturing and Marketing of Material Handling Equipment
2 Offering Aviation Support Services & Equipment
3 Providing Property Facilities Management
4 Importing Engineering and Allied Products
The company has gone through several changes over a period of time. I am hopeful that
with the continued valuable support of you all, our company will make rapid progress in
times to come. My son, Vaibhav Morarka was appointed as a Director on the Board of the
company on 26th July, 2013. He is also the Executive Director of Brady & Morris
Engineering Co. Ltd. He has done his Masters from Wharton Business School, University of
Pennsylvania. I am hopeful that he would also continue to enjoy the same affection and
support as I have been receiving from all of you. I am confident that in the years ahead,
he would take this company to new heights and would make all of you very pleased and proud
of being a part of this great Brady family.
Thanking all of you for your overwhelming support at all times.
Warmest regards,
Pavan G Morarka