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companylogoSilgo Retail Ltd

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BSE Code : 535117 | NSE Symbol : SILGO | ISIN : INE01II01013 | Industry : Diamond Cutting / Jewellery |


Chairman's Speech

Dear Stakeholders,

This has been an unimaginable year. And despite all the pain and suffering, the unbreakable human spirit shines through - in the large and small acts of kindness, empathy and compassion. Many of us and our loved ones have been physically and mentally impacted. Despair and anxiety are normal when faced with such adversity. But we are all trying to cope with challenging circumstances for some time now. In many ways, humanity has come together to fight this global pandemic. Global cooperation has never been more important than it is now. The vaccines for COVID- 19 are one of the greatest examples of collaboration and pioneering science.

In the last fifteen months, we have unlearnt old habits, adopted technology rapidly and challenged ourselves to adapt to new ways of working. I am so glad, and proud, that SILGO has been a trusted partner for our customers rightthrough thisjourney, and together, we have emerged stronger.

At SILGO every piece of jewellery tells a story. Many women like to wear jewellery as a symbol of femininity or to showcase social status. It connects us to other people and conjures up love and support. Different pieces were worn to symbolise different messages such as security, wisdom, elegance, and prosperity. Jewellery can also make a woman feel confident and beautiful.

Our core objects of improving the contribution on sales in absolute terms with the help of pricing competitively and introduction of new products / designs will continue. The other objects of business expansion are going ahead as per plan will also over a period add up to our top line growth.

I am very excited about the path we are on, and confident you will see a bolder and more ambitious SILGO as we move forward, that is unafraid to shake up the status quo, make tough calls, invest deep, and think big.

Best Regards,

Bela Agrawal

   

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