Dear Shareholders,
Namaskar!
I hope this letter finds you in good health and high spirits. As we gather here to
reflect on the financial year 2023-24, I would like to take this opportunity to share with
you some insights regarding the performance of our company and the prevailing conditions
in the Real Estate industry.
The year 2023-24 presented a good fortunes for the Real Estate Industries. We witnessed
significant growth and positive developments,
The domestic market showcased robust growth, driven by growth in BPM/IT,
BFSI, consulting and manufacturing industries. The demand for our Environment Branding
Solutions remained strong, and we were able to capitalize on the opportunities presented
by this favourable market environment. Additionally, our prudent financial management
allowed us to navigate the challenges posed by rising input costs, ensuring a stable
financial position for the company.
Our Strong customer relationships, with the ability to offer innovative design
solutions within budget, leading to repeat business continuously Moreover, Diverse
Clientele, Including Banks, IT Companies and MNCs, Qualified and Experienced Management
team have been an added advantage to the company.
Looking ahead, we remain cautiously optimistic about the future of the Real Estate
industry. Our focus on innovative idea and sustainable practices will continue to be a key
driver of our success.
We are also closely monitoring geopolitical and economic developments, as they can
significantly impact the industry. By proactively adapting to changes and aligning
ourselves with evolving market dynamics, we aim to stay at the forefront of this
competitive landscape.
In conclusion, I would like to express my heartfelt gratitude to our shareholders and
all other Stakeholders for their unwavering support and trust. I would also like to
acknowledge our employees' dedication and hard work, who have been instrumental in our
success.
Thank you once again for your valuable investment and belief in our company.
| Warm regards, |
| Nalin Gagrani |
| Chairman and Managing Director |