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companylogoDev Labtech Venture Ltd

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BSE Code : 543848 | NSE Symbol : | ISIN : INE0NIJ01017 | Industry : Diamond Cutting / Jewellery |


Chairman's Speech

"Our Purpose enables us to drive growth and progression and create value for our stakeholders"

Dear Shareholders,

As we reflect on the journey of this financial year, I am pleased to report that it has been an exceptional period for our company. The current financial year has been outstanding in terms of growth and margin expansion. Our strategic initiatives have begun to yield significant results, driving our performance to new heights. The growth we have experienced is not just a testament to our resilience in a challenging environment but also a clear indication of the strength and dedication of our team. Through innovative solutions and a relentless focus on operational efficiency, we have expanded our market presence and improved our margins, positioning us well for future success. our approach is deeply rooted in a long-term vision that transcends the immediate horizons of business. We are not merely focused on short-term gains; rather, we are committed to unlocking the enduring potential of our business. Our aim is to ensure that the progress we make today would make those who entrusted us with its stewardship proud. We recognize that the decisions we make and the actions we take today have a lasting impact, not only on the present but also on the future. With this in mind, we are committed to building a strong and sustainable foundation that future generations can inherit, nurture, and grow. Our responsibility extends beyond our own tenure, and we are dedicated to leaving behind a legacy of integrity, innovation, and resilience. Our ability to identify and seize these opportunities has been pivotal to our success. By fostering a culture of agility and forward-thinking, we have expanded our horizons and ventured into promising new markets. This approach has not only enhanced our product offerings but also strengthened our competitive edge, allowing us to deliver even greater value to our customers and stakeholders.

Your company is fully equipped with state-of-the-art facilities that enable us to execute a wide range of manufacturing activities with precision and efficiency. From the rough extraction of natural stone to the production of exquisitely polished diamonds, we oversee every stage of the process with meticulous attention to detail. In addition to our expertise in natural diamonds, we are also at the forefront of the lab-grown diamond industry. Our advanced facilities allow us to manage the entire lifecycle of lab-grown diamonds, from the initial seed to the finished, high-quality product. This vertical integration not only ensures the highest standards of quality but also allows us to innovate and adapt to the evolving demands of the market. Whether working with natural or lab-grown diamonds, our commitment to excellence is unwavering. We take pride in our ability to transform raw materials into stunning, finished products that meet the exacting standards of our customer and the industry.

The diamond industry is undergoing a profound transformation, driven by shifts in consumer preferences, technological advancements, and evolving market dynamics. Our approach to these changes is characterized by agility and innovation, ensuring that we remain at the forefront of this evolving landscape. Your Company is step up with the current scenario, the industry continues to adapt, lab-grown diamonds are set to become an integral part of the diamond market, offering a compelling alternative to traditional natural diamonds.

I am deeply grateful for the contributions of each member of our team. Their passion and resilience have not only fueled our progress but have also set a standard of excellence that inspires us all. It is their collective effort that forms the foundation of our success and propels us towards a bright future. As we move forward, I am confident that with such a talented and committed team, we will continue to achieve great things. Our focus remains on building upon our successes and striving for even greater heights.

As we conclude another impactful year, I am honored to have the opportunity to serve as your Chairman. Reflecting on our progress and achievements fills me with great pride and gratitude. This year has been marked by significant advancements and accomplishments, all made possible through the dedication of our team and the unwavering support of our stakeholders. May this year mark the beginning of a journey that empowers us to achieve even greater things for our stakeholders.

With deep gratitude,

Wish you all everything of the best.

Mr. Jerambhai L. Donda

Chairman & Managing Director

   

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